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Recent stories from sustg

  • Saudi Arabia Ghazal Defies Camels as SUV for Desert Market
     

    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 […]

     
  • Sarah Attar Is a Saudi Trailblazer, By Way of the U.S.
     

    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, […]

     
  • Living Social
     

    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 […]

     
  • Saudi Arabia to Send Olympic Women Athletes for First Time
     

    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 […]

     
  • Saudi Arabia Weighs Annual Budget to Boost Clean Energy
     

    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 […]

     
  • Saudi Arabia wins oil battle against Iran
     

    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 […]

     
  • Showing Pragmatism, Egypt’s Morsi Looks to Saudi
     

    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 […]

     
  • Underground in Arabia
     

    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 […]

     
  • Saudi Aramco to invest in new energy ventures
     

    Saudi Aramco has launched an investment arm to buy into companies that have developed technologies of strategic importance to Saudi Arabia and speed their deployment in the kingdom, the state-run energy group said. Saudi Aramco Energy Ventures LLC (SAEV) plans to invest in start-up and high-growth ventures offering new technologies to the upstream and downstream […]

     
  • Al Jubayl Saudi Arabia As Seen From Orbit at Night
     

    The city of Al Jubayl (or Jubail) is located on the coast of Saudi Arabia, along the Persian Gulf. The city has a history extending back more than 7,000 years, but since 1975 it has been associated with the petrochemical, fertilizer, and steel industries. At night, these industrial areas form a brightly lit region (image […]

     

MUST-READS

  • AI, Advanced Technology the Focus of Tahnoun Visit

    UAE National Security Advisor Tahnoun bin Zayed al-Nahyan’s recent visit to the United States underscores nascent U.S. success in persuading the UAE of the benefits of partnership and access to advanced technology and the risks of sticking with legacy Chinese tech partnerships.

  • The Gulf Cooperation Council and the Countdown to Net Zero

    One of the most important outcomes of COP28 was the first global stocktake, which reviewed what had been achieved on climate action since the 2015 Paris Agreement and identified the gaps. It recognized that by 2030 global greenhouse gas emissions need to be cut by 43% from 2019 levels to limit global warming to 1.5 degrees Celsius. The findings will form the basis for stronger climate action plans due to be submitted by all parties by 2025.

  • Dollar Dominance in the International Reserve System: An Update

    Dollar dominance—the outsized role of the US dollar in the world economy—has been brought into focus recently as the robustness of the US economy, tighter monetary policy and heightened geopolitical risk have contributed to a higher greenback valuation. At the same time, economic fragmentation and the potential reorganization of global economic and financial activity into separate, nonoverlapping blocs could encourage some countries to use and hold other international and reserve currencies.

  • After Gantz’s resignation, the far right reasserts dominance over the Israeli government at a particularly sensitive time

    Following the June 9 resignation of Benny Gantz and his National Unity party from Benjamin Netanyahu’s war government, Israel is once again led by a coalition that relies on far-right parties and extremists. This is happening at a particularly sensitive time for the country: Israel faces an additional risk of escalation along its northern border, needs a realistic “day after” plan for the Gaza Strip, has been offered the prospect of normalization with Saudi Arabia, and is on the receiving end of growing international criticism.

  • UN says Israel and Hamas committed war crimes; Gaza truce plan in balance

    A U.N. inquiry found on Wednesday that both Israel and Hamas had committed war crimes in the early stages of the war in Gaza, and that Israel's actions also constituted crimes against humanity because of the immense civilian losses.
    The findings were from two parallel reports by the U.N. Commission of Inquiry (COI), one focusing on the Oct. 7 attacks and another on Israel's response.
    Israel, which did not cooperate with the commission, dismissed the findings as the result of anti-Israeli bias. Hamas did not immediately respond to a request for comment.

  • How to capture the Saudi market during Eid

    Reports indicate a significant increase in spending compared to previous Eids 46 per cent increase in spending sentiment indicates a strong desire for celebratory shopping (Report on Saudi Arabia Economy). The study showed that consumers are preparing to celebrate with a focus on different categories: groceries, clothing, fragrances, home decor, and dining experiences. However, marketers should keep in mind that the early bird gets the worm.

  • Saudi’s Ceer Signs $2.18 billion Contract for the Supply of Hyundai Transys’ Advanced Electric Vehicle Drive Systems

    Ceer, Saudi Arabia’s first electric vehicle (EV) brand and original equipment manufacturer (OEM) announced in a statement that it has signed a SAR 8.2 billion (USD 2.18 billion) partnership with Hyundai Transys for the supply of innovative Electric Vehicle Drive Systems (EDS) for its vehicles.

  • Saudi Arabia falls to Jordan, ending 13-year World Cup qualification streak

    Saudi Arabia suffered their first defeat in nearly 13 years in home World Cup qualifiers after losing to Jordan in Riyadh on Tuesday. The Green Falcons finished second in Group G but still went through to the next round of qualifiers for the upcoming World and Asian cups. Jordan topped the group with 13 points, exactly the same as Saudi Arabia, but had a superior goal difference.

  • Saudi Aramco Needs To Balance Investor Needs Against Oil Prices

    Saudi Arabia’s oil giant Aramco looks caught between a rock and a hard place. It seeks to win over new investors, especially foreign ones, while at the same time – as the world’s top crude oil exporter and the biggest OPEC producer – not allowing oil prices to crash. Aramco has just priced its secondary share offering at the lower end of the previously set range, in a sign that it is now focused on winning over international investors.

  • Saudi crown prince receives Kuwaiti counterpart in Jeddah

    Saudi Arabia’s Crown Prince Mohammed bin Salman received on Tuesday in Jeddah his Kuwaiti counterpart Sheikh Sabah Khaled Al-Hamad Al-Sabah. The Kingdom’s host welcomed the Kuwaiti crown prince and wished him and his accompanying delegation a pleasant stay, the Saudi Press Agency reported. Sheikh Sabah Khaled expressed his happiness at visiting the Kingdom, and appreciation of the warm hospitality and gracious reception he and his delegation received.