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Recent stories from sustg
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As GCC Ministers Meet in Riyadh to Discuss Yemen, Houthis Conduct Military Drill on Saudi Border
- March 13,2015
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- SUSTG Team
Not long after it was reported that GCC Ministers had invited representatives from the Houthi militia to Riyadh to participate in talks, the Houthis conducted a military exercise involving “thousands of Shi’ite Muslim Houthi fighters” near Saudi Arabia’s border, according to reports. “The drill in the al-Buqa region in the Houthis’ home province of Saada included heavy […]
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Report Sheds Light on Saudi Oil Policy Decision Making During Price Drop
- March 10,2015
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- SUSTG Team
An exhaustive report in the Financial Times (a paywalled source) by reporter Anjli Raval sheds light on Saudi thinking and strategy during the fall in the price of oil from highs in the summer of 2014. The report, which requires subscription to read, follows Saudi policy and events in oil markets, month to month, starting in June […]
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Sisi in Saudi Arabia as Kingdom Strengthens Diplomatic, Security Ties with Egypt
- March 2,2015
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- SUSTG Team
Egypt’s President Abdel Fatteh el Sisi visited Saudi Arabia for talks with King Salman over the weekend as cooperation between the Kingdom of Saudi Arabia and Egypt on diplomatic and security challenges reaches a high point. Sisi, whose rise to power was a defeat for the Muslim Brotherhood that has long been at odds with Saudi […]
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King Salman’s Cash Payments Give One-Off Jolt to Saudi Economy
- February 25,2015
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- Lucien Zeigler
After the death of King Abdullah and the smooth succession to Saudi Arabia’s new King Salman, the new Custodian of the Two Holy Mosques announced a one-off $32.3 billion spend of two months of wages and other cash handouts to Saudi citizens, government employees, soldiers, pensioners and students on government stipends at home and abroad. After the announcement, […]
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Prince Turki al Faisal Says Poorly-Coordinated ‘Pinprick’ Attacks on Daesh Are Too Limited to Succeed
- February 20,2015
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- SUSTG Team
Saudi Arabia’s Prince Turki al Faisal told NPR that limited attacks on the self-styled Islamic State, or Daesh, are unlikely to work and that efforts thus far have been “disjointed.” “Having simply these pinprick attacks on certain areas is not going to resolve the issue,” al Faisal said, and added, “You really have two air […]
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Kechichian: How will Saudi Foreign Policy Evolve Under King Salman?
- February 19,2015
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- SUSTG Team
Following the successful and smooth transition of power from Saudi Arabia’s King Abdullah to the new King Salman, all eyes are on how the new Custodian of the Two Holy Mosques will navigate the regional and global foreign policy landscape. Although King Salman kept on the Minister of Foreign Affairs, Prince Saudi al Faisal, major […]
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#FocusKSA – Saudi Arabia in Transition – Fahad Nazer and Theodore Karasik [Full Video]
- February 17,2015
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- SUSTG Team
SUSTG’s Richard Wilson and SUSRIS’ Patrick Ryan held an online discussion with Theodore Karasik and Fahad Nazer to discuss Saudi Arabia’s transition in leadership and the implications for the Kingdom’s domestic, regional policies. Introductory and overview remarks by each speaker can be watched at the links below.
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Despite Falling Oil Prices, Saudi-Dow Chemical $20 Billion Chemical Plant Going Ahead
- February 17,2015
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- Lucien Zeigler
Despite a significant fall in oil prices since July 2014, Saudi Arabia’s joint venture partnership with Dow Chemical to build a $20 billion chemicals plant is going forward with an estimated completion date at full output of 2017, according to a report in Bloomberg based on comments made by a company official in Dubai. The ambitious […]
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SUSTG/SUSRIS Exclusive: Gulf Experts Fahad Nazer and Theodore Karasik Discuss Saudi Arabia’s New Leadership and Implications for Domestic, Regional Challenges
- February 16,2015
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- SUSTG Team
Last week, SUSTG’s Richard Wilson and SUSRIS’ Patrick Ryan held an online discussion with Theodore Karasik and Fahad Nazer to discuss Saudi Arabia’s transition in leadership and the implications for the Kingdom’s domestic, regional policies. The discussion, part of a SUSTG and SUSRIS’ ongoing FocusKSA series of conversations with Saudi leaders and experts in the public […]
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For Saudi Arabia, Instability in Yemen Poses Political, Security, and Economic Challenges
- February 11,2015
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- SUSTG Team
As the political crisis in Yemen intensifies following a Houthi takeover that some in the Gulf are calling a “coup,” two recent essays provide useful analysis on the serious challenges facing Saudi Arabia and its new King Salman. Writing for the Carnegie Endowment for International Peace blog, Khaled Fattah discusses the current situation in Yemen […]
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MUST-READS
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Atlético Madrid stadium rights bought by Saudi state airline
Saudi Arabia has consolidated its branding push with Atlético Madrid by paying for naming rights to the Spanish club's stadium for the next nine years. Atlético, which has been sponsored by Saudi state-owned Riyadh Air since last season, confirmed on Wednesday that its Metropolitano stadium will be known as the Riyadh Air Metropolitano henceforth until 2033. Atlético did not say how much it was receiving for the new agreement "which makes the Saudi Arabian company the most important sponsor in the club's history."
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Inside Saudi Arabia’s Remarkable Logistics Transformation
The 2024 Agility Emerging Markets Logistics Index continues to rank Saudi Arabia highly across several key metrics and demonstrates the impact of the agenda set forth by Saudi Vision 2030. The country ranks sixth for ‘international opportunities’ in the logistics sector, up three places from 2023. When it comes to ‘business fundamentals’ and ‘digital readiness’, it ranks third and sixth respectively, showing how well the Kingdom matches up in the context of global logistics. Meanwhile, Saudi Arabia has risen 17 places in the World Bank's Logistics Performance Index and is set to host the Global Logistics Forum in Riyadh later this month, reflecting its growing status as a leader in the field.
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Saudi q-commerce Nana acquires Rasseed app
Founded in 2016 by Abdulmajeed Alsukhan and Sami Alhelwah, Nana is a digital grocery shopping platform dedicated to fulfilling daily, weekly, and monthly household grocery needs. Meanwhile, Rasseed, founded in Saudi Arabia in 2016, is focused on providing software solutions to simplify the purchase of branded and local gift cards.
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Saudi Arabia, Japan are the safest and least crime countries among G20
A recent statistic for the Global Crime Index for 2023 showed that Saudi Arabia and Japan topped the list of the safest and least crime countries in the G20, as the Kingdom came in second place in the list of the safest countries, with a rate of 75.3, reflecting the success of ongoing efforts to enhance security and stability in the country, and reliance on strict legal systems and advanced technologies to monitor security, in addition to community programs aimed at enhancing safety and preventing crime.
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Saudi Arabia’s e-commerce market set to surge to $69.33 billion in 2025
Saudi Arabia’s e-commerce sector is on track for substantial growth, with revenues projected to hit SR260 billion (approximately $69.33 billion) by 2025, according to Commerce Minister Dr. Majed Al-Qasabi. During a visit to the Al-Baha region, the minister emphasized the increasing momentum in online shopping, noting that over 50 million e-commerce shipments entered the kingdom in 2023 alone.
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A Region Aflame – October 7 A Year Later
You could say Hamas as a military organization is shattered compared to what it was a year ago, but I think Israel wants to ensure that not only are they not a threat today, but they will also never be a threat. That's an exceptionally difficult bar, right? I don't actually know how you do that on a practical level. In Gaza, Israel seems to want to eradicate or destroy Hamas, but not do what the United States would say is necessary, which would be a mix of having lots of troops there so you can keep Hamas down and at the same time putting in place some sort of political structure that replaces Hamas.
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Saudi Arabia narrowly fails to win seat on U.N. Human Rights Council
Saudi Arabia narrowly failed on Wednesday to win a seat on the United Nations Human Rights Council, a blow to Riyadh's efforts to boost the country's rights reputation abroad and four years after it was rejected in a 2020 bid to join the 47-member body. Saudi Arabia is spending billions to transform its global image from a country known for strict religious restrictions and human rights abuses into a tourism and entertainment hub under a plan its Crown Prince Mohammed Bin Salman launched, known as Vision 2030. The Asia-Pacific group, which included Saudi Arabia, was the only competitive race on Wednesday with six candidates vying for five seats. Marshall Islands came in fifth with 124 votes, while Saudi Arabia missed out with 117 votes.
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New ‘Dragon Ball’ game is boost for Saudi theme park
Manga fans are eagerly awaiting the launch on Friday of the latest “Dragon Ball” video game, the first since the death in March of Akira Toriyama, the legendary Japanese artist who created the series 40 years ago. Among them are leisure chiefs at Qiddiya, the entertainment and tourism project being built near Riyadh, who revealed plans this year for a massive “Dragon Ball” theme park. The Saudi “Dragon Ball” attraction, the Kingdom’s first theme park, will cover more than half a million square meters with at least 30 rides, including a roller coaster inside a dragon modeled on Shenron, a wish-giving dragon that features in the franchise.
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Saudi crown prince meets with Iranian foreign minister in Riyadh
Saudi Crown Prince Mohammed bin Salman received the Iranian Foreign Minister Abbas Araghchi in Riyadh on Wednesday. During the meeting, Saudi-Iranian relations and the latest regional developments were discussed, Saudi Press Agency reported. The meeting was also attended by Saudi officials including Foreign Minister Prince Faisal bin Farhan who received Aragchi separately, earlier on Wednesday.
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Saudi business delegation lands in Pakistan for $2b investment talks
A high-level Saudi delegation, headed by Khalid bin Abdulaziz Al-Falih, the Kingdom’s Investment Minister, arrived in Islamabad on Wednesday for a three-day visit aimed at finalising $2 billion in business-to-business (B2B) investment proposals.
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