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“Out in the Blue” Part 9 of Video Series “Distant Arabia”
- March 28,2012
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- SUSTG Team
In this clip excerpted with permission from the documentary The Prize: The Epic Quest for Oil, Money and Power based on the book of the same name by Daniel Yergin, the story of Tom Barger’s first journey to Saudi Arabia is related through his movies and letters. The complete story is told in Barger’s book […]
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GE wins $200mn power plant conversion contract in Saudi Arabia
- March 27,2012
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- SUSTG Team
GE said it has received a contract for nearly $200 million to supply steam turbine technology, power generation services and distributed control systems for the conversion of Saudi Electricity Co.’s (SEC) PP10 power plant from simple to combined-cycle operation. The project will add 1,300 MW to the plant’s capacity. “The conversion to combined-cycle operation is […]
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Secretary of State Clinton to Visit Saudi on Friday and Saturday
- March 26,2012
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- SUSTG Team
Clinton will be in Saudi Arabia’s capital of Riyadh Friday and Saturday. There, she’ll meet with Saudi King Abdullah and participate in an event dedicated to the “strategic cooperation” between the U.S. and Gulf Arab states. Washington and many of its allies say Syrian President Bashar Assad has lost all legitimacy in a year of […]
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Saudi Arabia Jeddah Weddings
- March 23,2012
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- SUSTG Team
I was approached, a couple of months ago by a media company, about the wedding video I made for my cousin’s wedding. The company makes documentaries and would like to make a documentary about modern day Saudi couples in Jeddah getting married. They were, in my opinion, too optimistic, but then again I am a […]
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Car-nage
- March 20,2012
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- SUSTG Team
In his weekly piece for Arab News, Abdulateef Al-Mulhim takes a look at the extraordinary toll exacted on Saudi roads. With well-engineered roads and streets and access to the latest and safest automobiles, he says, Saudi Arabia still leads the world in highway fatalities. He offers a few ideas about how to gain control over […]
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Saudi Aramco Rethinks Global Communications Strategy
- March 19,2012
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- SUSTG Team
Saudi Aramco, the world’s largest oil company, is rethinking its global communications strategy as it undertakes an ambitious corporate transformation. The company is understood to be actively seeking public relations agency support across a wide range of areas, including media relations, internal communications, and event management. The review covers Saudi Aramco’s operations in the Gulf, North […]
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Jadwa Saudi Chartbook – March 2012 – Banking
- March 10,2012
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- SUSTG Team
Bank deposits rose for the fifth consecutive month in January, with demand deposits accounting for the entire rise to reach almost 60 percent of total bank deposits. Bank excess deposits at SAMA remained very high, giving scope for further lending growth.
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Jadwa Saudi Chartbook – March 2012 – Trade
- March 6,2012
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- SUSTG Team
According to Jadwa Investment’s March 2012 Chart Book, “Non-oil exports hit a new all-time high in December owing to greater production of petrochemicals and plastics. Imports also jumped that month and data on letters of credit issued for imports suggest further rises are likely in the months ahead.”
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MUST-READS
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EgyptArchaeologists unearth a mysterious sarcophagus in Egypt
The 6-foot tall (185 cm) coffin was found buried about 16 feet (5 meters) underground, along with an alabaster head of a man whose features were worn beyond recognition.
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BahrainBahrain keen to improve start-up ecosystem, says accelerator community manager
The Bahraini government is working to enhance the ecosystem for start-ups in the kingdom to encourage more entrepreneurs to register their companies in the country to support its economic growth, a Bahrain-based official in the new Flat6Labs start-up accelerator in Bahrain said.
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Defense ManufacturingRiyadh seeks partners for local defense manufacturing
Riyadh has sought to build its military as a key deterrent against the growing threats to its national security, and allocated more than $55bn to defence spending in 2018 alone.
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Saudi-ChinaChina wants Saudi as key Belt and Road partner
China's government wants closer ties with Saudi Arabia on the trillion-dollar Belt and Road initiative, and the kingdom's Vision 2030 strategy.
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Expatriate LaborReal estate market hit hard by mass departure of expats
The exodus of expatriate workers from Saudi Arabia has negatively affected the country’s real estate sector with a considerable fall in rent prices.
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U.S.-Saudi RelationsSaudi FM meets with US State Department delegation
Saudi Arabia’s Foreign Minister Adel Al-Jubeir met Brian Hook, senior policy adviser to the US secretary of state and director of policy planning, and his accompanying delegation on Saturday in Jeddah.
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Global TradeAs Trump’s trade war starts, China vows retaliation
The United States imposed the first duties on $34 billion in Chinese goods early Friday, officially launching a trade war between the world’s two largest economies. Moments later, the Chinese side fired back, accusing the United States of violating WTO rules setting off “the largest trade war in economic history to date.”
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Saudi StudentsUS State Department sends condolences to families of two Saudi students drowned in Massachusetts
The US Department of State issued a statement on Thursday offering its condolences to the families and friends of two Saudi students who drowned in Massachusetts last week.
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War in YemenU.N. envoy says Yemen’s parties offer ‘concrete ideas’ for peace
Yemen’s warring parties have offered “concrete ideas” to achieve peace, U.N. envoy Martin Griffiths said on Wednesday after meeting Iran-aligned Houthi leaders in the capital Sanaa.
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Qatar DisputeUN top court starts hearing Qatar’s lawsuit aganst the UAE
The International Court of Justice (ICJ) in The Hague (Netherlands) has begun hearing a lawsuit by Qatar against the United Arab Emirates (UAE), over what is a now year-long blockade against the Gulf nation, the Doha-based "Al-Jazeera" Television has reported.
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