The 10 Arab and Iranian photographers featured in “Louder Than Hearts” at the Middle East Institute’s gallery are not only all women, but their subjects are almost entirely female as well. This emphasis feels fitting for the first exhibition curated by Rania Matar, a photographer known for her nuanced, intimate portraits of women and girls in the Middle East and the United States.
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Saudi public sector’s bank credit rebounds
- July 17,2012
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- Lucien Zeigler
Bank lending in Saudi Arabia is continuing at a generally brisk pace, the National Commercial Bank said in its “GCC Financial Market Quarterly” released Monday.The report said liquidity conditions supporting this credit expansion remain very benign. However, the growing economic confidence has begun to hit deposit growth somewhat and the annual pace of expansion decelerated […]
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Jadwa Investment’s Saud June 2012 Inflation Report
- July 17,2012
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- Lucien Zeigler
Jadwa Investment’s recently released June inflation report found year-on-year inflation for Saudi Arabia eased again in June, slipping to 4.9 percent from 5.1 percent in May, the first time it has been below 5 percent since August 2011. The Riyadh-based investment firm also found lower rental inflation caused most of the fall. Jadwa’s report is […]
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Saudi Arabia Ghazal Defies Camels as SUV for Desert Market
- July 16,2012
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- Lucien Zeigler
Saudi Arabia is venturing into a territory normally reserved for automakers. The kingdom is developing the Ghazal, a sport-utility vehicle for the hazards of the desert, to diversify its economy beyond oil. The SUV, built by King Saud University in Riyadh, is an all-wheel drive vehicle with a rugged carbon-fiber frame aimed at taking on […]
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Sarah Attar Is a Saudi Trailblazer, By Way of the U.S.
- July 14,2012
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- Lucien Zeigler
One of the first women to compete for Saudi Arabia at the Olympics was born and raised in California. The athletes are Wodjan Ali Seraj Abdulrahim Shahrkhani, who competes in judo, and Sarah Attar, a 19-year-old junior at Pepperdine University and a graduate of Escondido High School in California. Attar, who trains in San Diego, […]
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Living Social
- July 13,2012
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- SUSTG Team
In their pursuit to be where the young consumers are, brands have long identified social media as a crucial place to establish a presence. Where else will you find huge numbers of youngsters highly active and engaged? Results from market research company TNS indicate that 68 percent of MENA youth spend 12 hours per week […]
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Saudi Arabia to Send Olympic Women Athletes for First Time
- July 12,2012
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- Lucien Zeigler
Saudi Arabia will send female athletes to the Olympic Games for the first time, the International Olympic Committee said, ending a ban by the kingdom where women aren’t allowed to drive. Wodjan Ali Seraj Abdulrahim Shahrkhani will compete in judo at the London Games and Sarah Attar will run the 800 meters. The athletes, who […]
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Saudi Arabia Weighs Annual Budget to Boost Clean Energy
- July 12,2012
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- SUSTG Team
An annual budget for renewables would differ from the feed- in tariffs that Germany, Spain, Italy, France and Britain offered to spur solar and wind power in their nations. Germany was first to introduce the feed-in tariff in 2004 and became the world’s biggest market for solar because of the subsidy, which is paid for […]
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Saudi Arabia wins oil battle against Iran
- July 12,2012
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- SUSTG Team
It seems that the first round in the series of the ferocious battles between Iran and Saudi Arabia, the two giant oil-exporting countries, was settled in favor of the latter. The Kingdom continued to produce oil regardless of the Iranian threats warning the Kingdom against filling the shortage in oil supplies that might result from […]
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Showing Pragmatism, Egypt’s Morsi Looks to Saudi
- July 11,2012
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- SUSTG Team
The first official foreign visit of any newly elected president represents a significant symbolic statement. Knowing this, new leaders choose their first visit very carefully, often selecting a country that is either a major strategic ally or an important trade partner. Nonetheless, the Egyptian government’s announcement that President Mohammed Morsi’s first foreign visit will take […]
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Underground in Arabia
- July 11,2012
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- SUSTG Team
Born and raised in Dhahran, I thought I had seen most of the natural wonders of the Eastern kingdom from the towering dunes of the Rub’ Al Khali to the pristine reefs of the Gulf, so it was a true surprise to read the manuscript for John Pint’s Underground in Arabia. I had visited the […]
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MUST-READS
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Middle East projected to surpass 100 GW of solar capacity by 2030
Renewable energy sources, including hydro, are expected to account for 70% of the Middle East's power generation mix by 2050, up from only 5% recorded at the end of 2023, according to a research by the company. Solar will be the leading source with a share of over 50% by 2050.
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The Middle East Is the Fastest Growing Real-Time Payments Market Globally For The Second Consecutive Year, Finds ACI Worldwide Report
For the second consecutive year, the Middle East is the fastest-growing real-time payments market globally, according to the 2024 Prime Time for Real-Time report, published by ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software, in partnership with GlobalData, a leading data and analytics company.
- A stirring photography show captures the Middle East through a female lens
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Saudi Arabia Taps Bond Market With $5 Billion Sukuk Deal
The kingdom sold the bonds through notes maturing in three, six and 10 years, according to a person familiar with the matter, who asked not to be identified. The deal was priced at yields of 60 basis points more than comparable US Treasuries for the shortest tranche and at 85 basis points for the longest tranche, the person said. That’s down from initial discussions for around 85 to 110 basis points.
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Saudi King Salman heads cabinet meeting after medical treatment
Saudi Arabia’s King Salman bin Abdulaziz headed a cabinet meeting on Tuesday after he underwent medical treatment for lung inflammation last week, the Saudi Press Agency reported.
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Saudi FM: Two-State Solution Basis for Peace, Security in the Region
The FM, along with foreign ministers and representatives from European countries, was in Brussels to attend a meeting of the Ministerial Committee assigned by the Joint Arab-Islamic Extraordinary Summit on Developments in the Gaza Strip.
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Saudi Arabia is reportedly trying to plug a $21 billion deficit by selling bonds
The kingdom will issue dollar-denominated three, six, and 10-year sukuk notes as part of an effort to plug a fiscal shortfall that's expected to hit $21 billion by the end of the year, the outlet reported citing an unnamed source.
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‘Norah’ Review: A Striking Debut About Artistic Repression in ’90s Saudi Arabia
The first Saudi Arabian film ever selected for Cannes, the tender rural drama “Norah” is writer-director Tawfik Alzaidi‘s first feature film. The story of a schoolteacher tasked with introducing literacy to an isolated village and his unlikely relationship with a precocious young girl, the movie suffers from a few early-career filmmaking tics, which prevent all its pieces from all neatly fitting together. However, it’s also underscored by the kind of optimism and poetry about art that one often finds in novice works from directors destined to make more polished and accomplished films (if perhaps more cynical ones).
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Red Sea Shipping Crisis
Each year, almost 6,000 container ships travel the world’s oceans and deliver about $7 trillion worth of goods to ports – producing climate-warming carbon dioxide (CO2) emissions along the way. There are about 100,000 ships at sea at a given time, including oil tankers and bulk carriers.
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Israel denies strike on camp near Rafah that Gaza officials say killed 21 people
Israel's military denied striking a tent camp west of Rafah on Tuesday after Gaza health authorities said Israeli tank shelling had killed at least 21 people there, in an area Israel has designated a civilian evacuation zone.
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