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Recent stories from sustg

  • Top 10 Salaries In Saudi Arabia
     

    The 2013 Gulf Business Salary Survey suggests it is good to be a CEO or managing director in Saudi Arabia; especially if you are a banking professional.  The Survey also examines trends with regard to Arab, Western and Asian professionals and the impact of Nitaqat on small and medium sized companies.

     
  • Saudi Youth Filmmaking on the Rise
     

    Social media continues to catalyze Saudi Arabia in unpredictable ways.  Fatima Al-Arjan takes a look at the rise of video blogging ‘vloggers.’  Short videos – some 36 seconds at maximum – have proliferated.  While sometimes a platform for controversial posts, like many on-line communities, this one seems to be maturing. In a related item, female […]

     
  • Saudi Prince Alwaleed Joins Twitter
     

    HRH Prince Alwaleed Bin Talal has joined Twitter, the microblogging social network in which the Prince holds a 3% stake. In an announcement in both Arabic and English on his official handle, @Alwaleed_Talal, Alwaleed’s office noted that the businessman will soon be active on Twitter:   The Private Office of HRH Prince Alwaleed Bin Talal […]

     
  • Lockheed Nets $253 Million Training Contract
     

    US-based Lockheed Martin will provide Virtual Training Technologies in support of Saudi Arabia’s F-15SA Modernization Program. The news comes on the heels of a recent announcement that the company had set up a branch in Riyadh on February 8th.  — According to a Press Release, Lockheed Martin, the Bethesda, Maryland-based aerospace company, has received a contract […]

     
  • Keystone: Saudi Arabia’s First Idea Translation Lab
     

    Many people are familiar with the King Abdullah University for Science and Technology (KAUST) and it’s glittering $20 billion endowment.  Founded in 2009 and sited north of Jeddah on the Red Sea, KAUST intends to be a global caliber research university as well as an educational and social bellwether that allows co-ed education.  The KAUST […]

     
  • Saudi youth, the issue of unemployment and work ethic
     

    Abdulateef Al-Mulhim is a well-known Saudi commentator who is appreciated – at least here at SUSTG – for his willingness to take on sensitive topics and provide his particular perspective.  In this item he addresses the work ethic of young Saudis, a subject of much debate.  Not surprisingly, there are numerous facets to the discussion […]

     
  • Instagramming Riyadh
     

    Riyadh, Saudi Arabia is a beautiful city – one that is growing and changing at an impressive speed. Yet much of the Kingdom’s capital remains as it has for years. Traditional style housing and buildings, most of which are no higher than two stories, still dominate this sprawling city, but the gargantuan and glitzy new […]

     
  • Women Transforming the Middle East
     

    In this thoughtful interview with SUSRIS, Dr. Isobel Coleman, Council on Foreign Relations Senior Fellow, characterizes King Abdullah as a ‘committed incrementalist.’ An accurate description based on his steady push of reforms that are meaningful but are not, as some critics point out, decisive. Why doesn’t the King just declare that it is legal for […]

     
  • US most preferred destination for Saudi students
     

    According to an article in Arab News, the Ministry of Higher Education “recently issued a statement revealing that most of the students selected for the King Abdullah Foreign Scholarship Program preferred to go the United States of America to pursue their higher studies, while the least number of students chose Holland. The ministry’s statement provides figures […]

     
  • New President for KAUST in Saudi Arabia
     

    In a press release today, the King Abdullah University of Science and Technology (KAUST) in Thuwal, Saudi Arabia, announced a new president in Dr. Jean-Lou Chameau, who will be the second to serve in that post since the university’s inception. Dr. Chameau previously served as President of the California Institute of Technology in Pasadena.

     

MUST-READS

  • Saudi Arabia Dethrones China as Top Emerging-Market Borrower

    Overtaking China is meaningful for Saudi Arabia — which has 1/16th of the Asian nation’s the gross domestic product and the drive to become a global business hub by the end of the decade. The latest data suggest improving sentiment as Riyadh seeks funding for projects to diversify the economy from oil and position it as a link between Asia and Europe. Meanwhile, the rest of emerging markets are also witnessing a blockbuster year for bond issuance, amid falling borrowing costs and a hunt for juicy yields.

  • HRS to open first hydrogen station in Saudi Arabia

    Hydrogen Refueling Solutions (HRS), European designer and manufacturer of hydrogen refueling stations, has announced the first order of a hydrogen station outside of Europe, from a Saudi Arabian developer. The site was ordered by a local national energy company and is set to supply a planned fleet of 20 buses and light vehicles, with construction starting in July. As its first station to be sold outside Europe, this marks a decisive step in HRS's strategy of international development.

  • Saudi Wants Family Offices to Help Build Americas Investment

    That figure jumped sevenfold to $4 billion through 2023, and should keep growing, said Abdulrahman Bakir, managing director of the Americas for the Saudi Investment Ministry. Key to increasing the two-way flows of money between Brazil and Saudi Arabia — as well as with the rest of Latin America — is connecting institutional investors, private companies and especially family offices, which are multiplying globally and becoming a bigger source of capital, Bakir said.

  • Hajj comes to an end officially as pilgrims leave Mina after 4th day’s stoning

    Pilgrims who stayed back in Mina on Tuesday night to perform the stoning ritual for the fourth consecutive day, threw pebbles at three Jamarat on Wednesday afternoon. Pilgrims hurled seven pebbles each, first at Jamarat Al-Sugra, then at Jamarat Al-Wusta, and finally at Jamarat Al-Aqaba in a calm and peaceful atmosphere inside the sprawling Jamarat Complex manned by a contingent of security forces, health workers and volunteers.

  • Saudi Arabia Inaugurates its Pavilion at Beijing International Book Fair

    The Saudi delegation, led by the Literature, Publishing and Translation Commission, includes representatives from various cultural entities, such as the Heritage Commission, the Culinary Arts Commission, the Ministry of Investment, the King Abdulaziz Foundation, the King Salman Global Academy for Arabic Language, the King Abdulaziz Public Library, and the Saudi Publishers Association.

  • Saudi Arabia: footballer Paul Pogba performs Hajj

    French footballer Paul Pogba has performed the Hajj rituals in Saudi Arabia, accompanied by his wife, Bolivian model Maria Zulay Salaues, who posted pictures of the couple on Instagram “A very emotional and magical place,” wrote Salaues. “Eid Mubarak to all my brothers and sisters, and we ask God to bless us with peace and tranquillity.”

  • The US does security and China does the economy: another narrative that needs to go

    I know it’s counter-intuitive because we all see stories about China’s significance as an economic actor and this is always paired with the idea that the US only thinks about geopolitical competition. And of course I think that’s a misperception that has taken root in so many of the narratives about China in the Middle East. But if I were a US official working in the region, I’d be pushing back on this every chance I got.

  • Fossil fuel use, emissions hit records in 2023, report says

    Global fossil fuel consumption and energy emissions hit all-time highs in 2023, even as fossil fuels' share of the global energy mix decreased slightly on the year, the industry's Statistical Review of World Energy report said on Thursday. Growing demand for fossil fuel despite the scaling up of renewables could be a sticking point for the transition to lower carbon energy as global temperature increases reach 1.5C (2.7F), the threshold beyond which scientists say impacts such as temperature rise, drought and flooding will become more extreme.

  • Climate change threat hangs over haj pilgrimage as hundreds perish in heat

    Nearly 2 million Muslims will reach the end of the haj pilgrimage this week, but extreme heat has proved fatal for hundreds who began the journey last Friday to the Kaaba at the Grand Mosque in Mecca in Saudi Arabia. At least 562 people have died during the haj, according to a Reuters tally based on foreign ministry statements and sources. Egypt alone has registered 307 deaths and another 118 missing, medical and security sources told Reuters, as temperatures at times soared past 51 degrees Celsius (124 Fahrenheit).

  • Sudan’s cemeteries swell with fresh graves as hunger and disease spread

    Reuters identified 14 graveyards that are expanding fast in Sudan's war-torn Darfur region. The analysis shows how starvation and disease are taking a mounting toll as combatants block food and medical aid. The cemeteries are “canaries in the coal mine” of a looming famine.