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Recent stories from sustg
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Out There
- March 22,2013
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- SUSTG Team
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.
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Unusual Video Footage Shows Saudi Arabia’s Grand Mosque Under Construction
- March 21,2013
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- Lucien Zeigler
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 […]
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We’re here, can we come in? TASI and foreign investors
- March 20,2013
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- Richard Wilson
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 […]
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First of 84 new Boeing F-15SAs bound for Saudi Arabia Tested as U.S.-Saudi Military Relations Remain Active
- March 18,2013
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- Lucien Zeigler
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 […]
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The Stunning Photos of Sultan Al-Ghamdi
- March 18,2013
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- SUSTG Team
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 […]
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The Saudi Economy 2013 and Investment Opportunities – CIT
- March 18,2013
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- SUSTG Team
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, […]
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2013 SACM Career Fair to Begin May 24 at the Gaylord Hotel, will host at least 8,000 Graduates
- March 16,2013
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- Lucien Zeigler
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 […]
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Incredible Photos from North Dakota’s Oil Boom
- March 15,2013
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- SUSTG Team
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 […]
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Cyberattacks are nation’s top security threat
- March 13,2013
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- SUSTG Team
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 […]
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Al-Rabiah to Promote Saudi Auto Industry in U.S.
- March 13,2013
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- Lucien Zeigler
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, […]
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MUST-READS
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‘It’s an Earthquake’
Nasrallah was more than a political leader. After 32 years in power, he had become synonymous with Hezbollah, the most well-armed nonstate actor in the world and the linchpin of Iran’s tentacular “Axis of Resistance” to Israel and the United States. Nasrallah was such a central figure for so long—the most powerful man in Lebanon and Israel’s greatest foe; loved, hated, and imitated by anti-Western insurgent leaders across the Middle East—that his absence left many Lebanese feeling profoundly rudderless. There were occasional bursts of gunfire throughout the day. Whether it came from mourners or celebrators was impossible to say.
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Iran After the Lebanon Debacle: Suppress Domestic Dissent and Dash for the Bomb?
Iran’s recent debacle in Lebanon bears some resemblance to the Argentine military junta’s defeat in the 1982 Falklands War between Argentina and Britian over the Falkland Islands. In an appeal to Argentine nationalism, the junta “reclaimed” the islands, was defeated by Britain after 74 days, and relinquished power in 1983. In similar fashion, the Islamic Republic of Iran dedicated considerable time and effort to forge the much-heralded “axis of resistance,” with Lebanese Hezbollah at its core, to encircle Israel and deter Israeli bombardment of Iran’s nuclear infrastructure. However, since September 17, Israel has seemingly managed to neutralize hundreds of Hezbollah fighters and operatives and assassinated the top military and political leadership of the Lebanese militia.
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Saudi giga-project Diriyah agrees deals worth $1 bln with European firms
Diriyah, one of Saudi Arabia's so-called giga-projects, has agreed deals worth nearly $1 billion with European firms and is in talks to attract more foreign capital, its CEO said. The $63 billion project is one of the Public Investment Fund's giant construction efforts aimed at boosting economic growth and diversifying the oil-reliant kingdom's economy. Diriyah, located at a UNESCO World Heritage site outside the capital Riyadh, has been backed by PIF investments worth a total of around 20 billion riyals ($5.33 billion) in 2023 and 2024, and should get 12 billion riyals more next year, its CEO said.
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Saudi Arabia Signals Oil Policy Shift
The revised plan, according to the unnamed sources, is for the kingdom to increase incrementally its monthly production from December, adding a total of 1 million barrels per day (bpd) by December 2025. Even as this will weaken prices, the impact on Saudi Arabia may be limited, with the report making clear that the kingdom has other funding options for its infrastructure plans—namely, its foreign exchange reserves and the issuance of sovereign debt.
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Saudi Arabia to expand cloud seeding program
Riyadh has assembled a team of domestic and international researchers and learned vast amounts from its early efforts at cloud-seeding, Osama Ibrahim Faqeeha said, speaking in New York on the sidelines of the UN General Assembly and Climate Week. The country now aims to roll it out elsewhere within its borders and to lead broader regional research into the practice.
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How NEOM Green Hydrogen Company is championing Saudi Arabia’s clean energy transition
“For the future, the keyword is reinforcement,” he said. “We build our policy, procedures and framework around starting the operations and continuing the operations to be environmentally friendly.” NGHC’s ambitions extend far beyond the borders of Saudi Arabia. The project aims to position the Kingdom as a global leader in hydrogen production, while also creating thousands of new jobs and stimulating local economies.
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Saudi FM urges Security Council to act to contain Mideast crisis
Speaking at a Security Council meeting in New York, Saudi Arabia’s top diplomat lamented that despite the successive resolutions passed by the General Assembly, there is no end in sight to the “catastrophic humanitarian situation” the people of Gaza are facing. Prince Faisal made the plea as fighting between Israel and the Hezbollah continued to escalate, with Israel expanding its air strikes to the southern suburbs of the Lebanese capital, Beirut, while Hezbollah targeting key Israeli facilities with missiles.
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Inside the Lebanese Valley Where Israel Is Bombarding Hezbollah
The bombardments across the Bekaa Valley are part of the more than 1,000 airstrikes that Israel has launched against Lebanon since Monday in an attempt to weaken Hezbollah, the Iran-backed Lebanese military group. The campaign is one of the most intense in contemporary warfare, experts say, and led to the deadliest day in Lebanon in decades.
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His Excellency Saudi Minister of Finance Attends High-Level Retreat for Bretton Woods Institutions
His Excellency the Saudi Minister of Finance, Mr. Mohammed Aljadaan, attended the high-level retreat for Bretton Woods Institutions in New Hampshire, USA, held September 26-27, 2024, which discussed the future paths of the IMF and the World Bank and the upcoming challenges.
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Saudi Arabia launches tender for 4.5 GW of wind power and photovoltaic projects
Five projects are being tendered, spread across four of the kingdom’s provinces. These include: 1,500 MWac Dawadmi Wind IPP to be located in Riyadh province. 1,400 MWac Najran Solar PV IPP to be located in Najran province. 600 MWac Samtah Solar Photovoltaic (PV) IPP to be located in Jizan province. 600 MW Ad Darb Solar Photovoltaic IPP to be located in Jizan province. 400 MW As Sufun Solar Photovoltaic IPP to be located in Hail province. Saudi Arabia’s NREP aims to boost the share of renewable energy generation in the country. The kingdom is targeting a 50 percent contribution in RE generation in its power mix by 2030.
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