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Recent stories from sustg

  • Out There
     

    Pat Ryan and his team at our sister site SUSRIS (say that fast five times) not only produce timely analysis and feature unparalleled current and historical resources pertaining to the Arabia and the larger Middle East they also find cool stuff like this.

     
  • Unusual Video Footage Shows Saudi Arabia’s Grand Mosque Under Construction
     

    Amazing footage of the ongoing construction at Mecca’s Grand Mosque surfaced on Facebook, showing the large-scale reconstructive efforts at the holy site in Saudi Arabia. The video, shot from what looks like a crane, shows worshippers circling the Kaaba with construction efforts ongoing at the mataf expansion not far away. The amateur footage shows the […]

     
  • We’re here, can we come in? TASI and foreign investors
     

    The figurative lobby to the Tadawul All Shares Index (TASI), Saudi Arabia’s stock market, is filling up with eager investors.  Intrigued by the $387 billion Saudi stock market (three times the UAE bourses combined) and the $727 billion Saudi economy, many of them think… Brazil; whose fully accessible stock market’s capitalization exceeds $1 trillion. While […]

     
  • First of 84 new Boeing F-15SAs bound for Saudi Arabia Tested as U.S.-Saudi Military Relations Remain Active
     

    UPI.com reports that the first new Boeing F-15SA completed a successful test flight last month in the United States. The report quotes Lt. Gen. C. D. Moore II, the commander of the Air Force Life Cycle Management Center, who said, “The successful first flight of the F-15SA is a tremendous milestone for the program and […]

     
  • The Stunning Photos of Sultan Al-Ghamdi
     

    Elephant Rock, Devil’s Head Mountains, Desert Waves… These are some of the evocative names given to his Saudi landscape photos by Sultan Al-Ghamdi.  Qusay Fayoumi describes him as ‘talented and hardworking.’ Take a look for yourself at Sultan’s Flickr page by clicking here. Below are three of the featured photos, but be sure to check […]

     
  • The Saudi Economy 2013 and Investment Opportunities – CIT
     

    The Committee for International Trade is active in many countries promoting Saudi trade. In the United States it is a primary organizer of the US-Saudi Business Opportunities Forums that have been held in Chicago (2010) and Atlanta (2011).  The third in this series will be announced soon.  The Secretary General of CIT, Mr. Omar Bahlaiwa, […]

     
  • 2013 SACM Career Fair to Begin May 24 at the Gaylord Hotel, will host at least 8,000 Graduates
     

    SACM’s Career Fair will take place on May 24th, 2013 at the Gaylord National Harbor just outside of Washington, D.C., according to the Saudi Cultural Attache’s Office at the embassy in Washington. The joint graduation and career fair is an impressive event, in which graduating Saudi students descend on the U.S. capital to celebrate their […]

     
  • Incredible Photos from North Dakota’s Oil Boom
     

    For fans of high quality photographs, Alan Taylor’s In Focus blog hosted at TheAtlantic.com is worth following. Taylor regularly compiles stunning images on a wide range of subjects, and most recently had excellent posts on the conflict in Mali, the do-it-yourself weapons of Syrian rebels, one man’s journey to Iran, and many others. The blog’s latest collection […]

     
  • Cyberattacks are nation’s top security threat
     

    Yesterday, Director of National Intelligence, James Clapper, testified before the Senate Intelligence Committee’s annual hearing on worldwide threats.  Mr. Clapper prioritized the threat of cyber attacks above all other threats.  “Our statement this year leads with cyber, and it’s hard to overemphasize its significance,” said Clapper, reading a statement on behalf of himself, FBI Director […]

     
  • Al-Rabiah to Promote Saudi Auto Industry in U.S.
     

    The U.S.-Saudi Arabian Business Council (USSABC) issued a press release today to announce a new conference in Michigan to promote the Saudi auto industry. H.E. Tawfiq al Rabiah, the Saudi Minister of Commerce and Industry, is listed as a confirmed speaker of the event, which will “bring together senior Saudi Government officials, major Saudi industrialists, […]

     

MUST-READS

  • Riyadh eyes significant investment in Pakistan, Saudi FM says

    Saudi Arabia's foreign minister said on Tuesday that Riyadh will be "moving ahead significantly" to invest in projects in Pakistan, days after Islamabad announced that the Kingdom had pledged to expedite $5 billion in investment.
    Prince Faisal bin Farhan bin Abdullah arrived in Islamabad on Monday to lead a delegation on a two-day visit as part of efforts to boost economic cooperation.
    His Pakistani counterpart Ishaq Dar told a joint news conference that Pakistan gave extensive briefings to the delegation on potential investment projects.

  • Saudi’s Neom Hunts for More Cash for $1.5 Trillion Desert City

    Neom has appointed banks including HSBC Holdings Plc and the securities units of Al Rajhi Bank and Saudi National Bank to advise on the sale of Islamic bonds, or sukuk, the people said. The debt would be denominated in the local currency and could raise as much as 5 billion riyals ($1.3 billion), they said, asking not to be identified as the information is private.

  • Inaugural Esports World Cup in Saudi Arabia, worth more than $60M, hopes to send ‘positive message’ to struggling industry

    Boasting the largest prize pool in esports history, this year’s inaugural 2024 Esports World Cup (EWC) could prove to be a pivotal moment for the industry.

    Organized by the Esports World Cup Foundation – and with the latest details announced on Tuesday – the EWC will bring together gamers, publishers and fans from across the world under one roof for an eight-week competitive gaming bonanza in Riyadh, Saudi Arabia.

    The tournament will include top global clubs competing against each other across 19 esports titles, including Apex Legends, Counter-Strike 2, Dota 2, EA Sports FC 24, Fortnite, League of Legends, Rocket League, StarCraft II, Street Fighter 6 and TEKKEN 8.

  • China willing to work with Saudi Arabia to avoid further tension in Middle East

    China is willing to work together with Saudi Arabia to avoid further escalation of confrontation in the Middle East, Chinese Foreign Minister Wang Yi said to his Saudi counterpart over a phone call. China appreciates Saudi Arabia’s emphasis on resolving the issue of the attack on Iran’s embassy in Syria through diplomatic means, the official Xinhua said.

  • Saudi Arabia to host Sudan peace talks in next three weeks: US

    Saudi Arabia will host fresh peace talks within the next three weeks on the war in Sudan, the United States said, calling Tuesday for both sides to "negotiate in good faith toward a ceasefire."

    The discussions, which will be held in Saudi Arabia's port city of Jeddah, were announced on Monday at a France-backed international conference in Paris that raised more than two million euros for Sudan.

    For over a year, the northeast African country has been ravaged by conflict between the Sudanese army and paramilitary forces, causing what the United Nations has called "one of the worst humanitarian disasters in recent memory."

  • Saudi Arabia Seeks Data Law Balance: Streamlining Business While Upholding International Standards

    Saudi Arabia's Proposed amendments to its Data Protection Law (DPL) could significantly impact international companies operating in the region. These changes focus on streamlining the process of transferring personal data outside the country, potentially offering greater flexibility and cost savings for businesses.

  • Saudi independent musician takes road less traveled

    As the music scene diversifies in Saudi Arabia, from psychedelic rock to electronic dance, young artist SOVL is bringing a new flavor to the mix. SOVL is a self-taught independent musician who was on a quest to create a top-notch, industry-standard album on his own that reflected his personal artistry and carried a meaningful narrative. He platformed a distinct blend of alternative, modern, and indie rock, all rooted in the DNA of guitar music. “As an independent musician, it’s a harder process than someone, say, signed to a label. But I try to take advantage of what I have,” he said.

  • World Bank raises its forecast of Saudi economy growth to 5.9%

    The World Bank raised its forecast for the growth of Saudi economy during the next year, 2025, by about 1.7% to 5.9%, compared to its previous forecast last January of 4.2%.

    The bank reduced its expectations for the growth of Saudi economy during 2024 to 2.5%, compared to its expectations last January of 4.1%, a difference of 1.6%.

  • Saudi Arabia favors internal political solution for Sudan crisis

    Al-Khereiji made the remarks while participating, on behalf of Minister of Foreign Affairs Prince Faisal bin Farhan, in the Paris Conference on Sudan on Monday. In his speech, the deputy minister emphasized that the Kingdom’s participation in the meeting is motivated by its keenness to activate international efforts and multilateral cooperation to achieve sustainable peace and security in Sudan. “The Kingdom also aims to complement the efforts made to resume the political process and alleviate the suffering of the Sudanese people,” he said.

  • Raytheon Saudi Arabia enters strategic partnership with GAMI

    The initiatives include exploring the manufacturing and testing of a number of key components within the Kingdom’s Patriot air defence system - including the production of the Patriot missile launcher with Arabian International Company (AIC) for Steel, the manufacturing of the GEM-T missile canister with Zahid Industries, and the final assembly, integration, and testing of the Patriot GEM-T effector with Saudi Arabian Military Industries (SAMI).