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Recent stories from sustg
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Saudi Arabia Changes Weekend to Friday and Saturday, Will Move Kingdom Closer To Regional and International Schedules
In a move that was anticipated for some time, Saudi Arabia’s King Abdullah issued a royal decree to change the weekend in the Kingdom from Thursday/Friday to Friday/Saturday.
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Saudi exports surge 6.5% to SR 1.45 trillion
From Arab News:
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Water, The Real Wild Card
From our sister site, SUSRIS:
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Saudi Arabia remains key to oil prices despite U.S. production surge, U.C. Davis energy expert says
U.S. oil production has increased sharply in the last five years – but that doesn’t mean Saudi Arabia has lost influence on markets, an energy panelist at a forum at Rice University in Texas said. From FuelFix:
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PHOTOS: New Qasr Al Hokm Station in Saudi Arabia Will Have Green Atriums and Shopping
Snohetta, a Norweigian firm, was recently selected as the designer for the downtown Qasr Al Hokm station in Saudi Arabia, which will be one of the main hubs of the new system, Torontoist reports.
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U.S. Notched Biggest Oil-Output Gain in the World in 2012; Gain was an All-Time High for U.S.
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Saudi Arabia’s Ministry of Commerce and Industry Cracks Down on Counterfeits In Boost to Consumer Protection
This week, Saudi Arabia’s Ministry of Commerce and Industry (MCI) issued a press release on the Ministry’s Web Site that authorities had seized over 6,000 counterfeit cellphones. Looking to send a message to would-be counterfeiters and violators of consumer protection regulations, MCI authorities placed the forged phones in a pile then drove over them all […]
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Military Balance in the Gulf: In-Depth Report on U.S. and Iranian Strategic Competition Updated – SUSRIS
Our partner site SUSRIS.com today draws attention to a recently updated collection of reports by Dr. Anthony Cordesman of the Center for Strategic and International Studies (CSIS) concerning the military balance in the Gulf States. “These analyses serve as the best open-source resources SUSRIS has identified among a field of many reports that address the […]
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‘Texting While Riding’? Viral Video Shows Saudi Man In Dangerous Highway Stunt
A viral video of a Saudi man texting while sitting on the hood of his car has gone viral on the video-sharing site YouTube. It is not clear who is driving the vehicle, which has dark window tint. The Huffington Post described the video as such: “A Saudi man is seen playing with his phone […]
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Saudi Arabia Is Now The ‘Main Outside Source’ For Syrian Rebels, Reuters Reports
Saudi Arabia has prevailed over friendly Gulf rival Qatar as the “main outside force” supporting the Syrian rebel cause, according to a recent Reuters report. Mariam Karouny reports that Saudi Arabia “has prevailed over its small but ambitious Gulf neighbor Qatar to impose itself as the main outside force supporting the Syrian rebels, a move […]
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Saudi Arabia to host Future Aviation Forum 2024
The FAF 2024, which will attract more than 5,000 international experts from the aviation industry, leaders of international airlines, and officials from aviation authorities in participating countries, will discuss global aviation issues, air transportation, the development of environmental sustainability in the civil aviation sector, enabling advanced air transport, and enhancing global connectivity, Saudi Press Agency (SPA) reported.
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Saudi Arabia’s Vision 2030, the rise of fintechs and professional development
With Saudi Vision 2030 and other regulatory regimes encouraging and facilitating the use of fintech, Annette Spencer, the ACT’s chief executive, said: “It struck me that regulation and technology are becoming friends and allies in a way that perhaps has not always been the case in the past.” Solid relations between banks and corporates are an important foundation of doing business in Saudi and the Gulf region. Alhudaif stressed how her company had explored what services banks can provide regarding cash management, credit facilities investments and financial leasing products.
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Saudi Arabia: better growth prospects
In 2024, economic activity should be only slightly positive. We expect 1.2% on average. In fact, oil production should only slightly progress and not before Q4 2024. With regard to non-oil activity, the tight labor market conditions will be a constraint on an economic rebound. Indeed, the unemployment rate has stabilized and the participation rate has stopped to progress for about two years despite a sharp increase in female participation rate to the labor market for several years.
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Iran says keen to develop ties with Saudi Arabia
Iranian Foreign Minster Hossein Amir-Abdollahian and his Saudi counterpart Faisal bin Farhan Al-Saud held a telephone conversation on the occasion of Eid al-Fitr, discussing bilateral ties and regional developments. “Amir-Abdollahian pointed to the progress of bilateral relations between the two countries, stressing that Iran is determined to expand bilateral ties with Saudi Arabia as much as possible,” Iran’s semi-official Tasnim news agency reported.
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Cannes selects first Saudi film for competition in festival’s 77-year history
Six years after the country announced its intention to build a home-grown industry, a film from Saudi Arabia has been selected to compete in the Cannes Film Festival for the first time. Norah, Saudi director Tawfik Alzaidi's feature debut, has been selected in the Un Certain Regard section and will compete against 19 other entries from around the world. The category, established in 1978, runs in parallel to the festival's long-running Palme d'Or competition and aims to recognise emerging talent and non-traditional narratives.
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How technology is shaping education in Saudi Arabia
Thus, the digital transformation of the education sector is another important part of Vision 2030’s success, to ensure young people in the Kingdom have the right skills for the future world of work. According to PwC, Hopes and Fear survey, 57% of the respondents in Saudi Arabia are either excited or confident about the future of their children and that technology will offer a world full of possibilities for their kids.
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Senior U.S. general to visit Israel to coordinate on Iran attack threat
Iranian officials have publicly threatened to retaliate against Israel for an attack in Syria last week that killed a top Iranian general. An attack on Israel or its bases could lead to another regional escalation.
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Donations to national charity campaign in Ramadan exceed SR1.8 billion
The National Platform for Charitable Work (Ehsan) has proudly announced that the donations for the fourth National Campaign for Charitable Work soared past SR1.8 billion during Ramadan, spanning from the 5th to the 30th of the holy month. This remarkable achievement was kickstarted with significant donations from the Custodian of the Two Holy Mosques King Salman and Crown Prince and Prime Minister Prince Mohammed bin Salman, who collectively contributed SR70 million.
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Foreign liaison visit strengthens Naval supply partnership between US, Saudi Arabia
A delegation from Naval Supply Systems Command Weapon Systems Support (NAVSUP WSS) embarked on a significant foreign liaison visit to the Kingdom of Saudi Arabia to support maritime and aviation cooperation March 3. “Inviting our team to Saudi Arabia to discuss current and future capabilities is a testament to the value of open communication,” expressed Cmdr. Albert Sonon, NAVSUP WSS, Director of International Programs. “Sustaining weapon systems is not just an individual task but a collective effort between Nations.” The NAVSUP WSS International Programs delegation’s objective was to meet with key Saudi Arabian officials and discuss various aspects of logistical support and readiness capabilities.
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Russia tells citizens: refrain from travel to the Middle East
Russia's foreign ministry told citizens on Thursday that they should refrain from travelling to the Middle East, especially to Israel, Lebanon and the Palestinian territories. "The tense situation in the Middle East region persists," said the foreign ministry, which first issued such travel advice in October when it urged Russians not to visit Israel and the Palestinian territories after Hamas attacked Israel.
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