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Recent stories from sustg

  • Major Banks Expanding in Saudi Arabia
     

    “We’d be crazy to limit ourselves to a handful of bankers when we can see oil prices are going to sustain the Saudi economy for the foreseeable future,” Rory Gilbert, the head of Middle East and North Africa at London-based Barclays’s wealth management unit, said in an interview this week in Dubai. “In four or […]

     
  • A Nuclear Iran: CNN
     

    What do we really know about the Iranian nuclear threat?  Iran says it wants the right to have its peaceful nuclear program formally recognized.  But from the outside, Iran has long given the impression it has something to hide.  And fear that Iran may soon have the capability to build a nuclear weapon, has spurred […]

     
  • Saudi ‘tops in mobile users’
     

    Saudi Arabia has the highest proportion of mobile phone users in the world with 188 per cent, followed by Vietnam and Oman in the second and third places respectively, according to a recent study. The study which was conducted by the United Nations Conference on Trade and Development (UNCTAD) indicated that this percentage is by far […]

     
  • The Menu of Options in the Iranian Nuclear Talks
     

    For the first time in more than a year and a half, negotiators from Iran and the so-called P5+1 countries – the five permanent members of the United Nations Security Council, the U.S., Russia, China, France and England, plus Germany – will sit down with their Iranian counterparts this Friday in Istanbul to talk about […]

     
  • Saudi Defense Minister Prince Salman Visits Pentagon, White House
     

    Saudi Defense Minister Prince Salman bin Abdul Aziz held talks at the Pentagon on Wednesday that focused on the crisis in Syria, hours before a ceasefire deadline was due to expire. The Saudi defense chief later held talks with President Barack Obama in the Oval Office.

     
  • Saudi Arabia & the GCC – post ‘Arab Spring’: Obaid
     

    This week Mr. Nawaf Obaid, former strategic adviser to Prince Turki Al-Faisal, presented a briefing titled, “Saudi Arabia & the GCC in a Post ‘Arab Spring’ Environment” at the Harvard Kennedy School of Government as part of a program examining responses among GCC states to the “Arab Spring” turmoil that started early last year. Obaid […]

     
  • Al-Rabiah moves to push foreign trade and investment
     

    Commerce and Industry Minister Tawfiq Al-Rabiah yesterday opened a major workshop for the development of Saudi commercial attaches as part of the ministry’s efforts to promote trade and investment relations with foreign countries. The workshop attended by top officials from related departments and agencies discussed ways to improve the performance of Saudi commercial attaches abroad […]

     
  • Graphic: The Rise of Saudi Oil Consumption
     

    Saudi Arabia uses as much oil per person as America, largely to run oil-fired power plants to run domestic air conditioners. And the more of its oil siphoned off for such uses, the less cushion there is in the worlds oil supply. Thats a big problem now but is becoming less of one. America and […]

     
  • Critical Commercial and Economic Ties: Interview with Jose Fernandez
     

    The 2nd US-Saudi Business Opportunities Forum in Atlanta in December brought together a high level delegation of over 200 Saudi officials and business people with over 1000 Americans to explore the $1 trillion-plus commercial openings available in the coming decade in the Kingdom. The response to the Forum – and what it means for American investment and […]

     
  • Secretary of State Clinton to Visit Saudi on Friday and Saturday
     

    Clinton will be in Saudi Arabia’s capital of Riyadh Friday and Saturday. There, she’ll meet with Saudi King Abdullah and participate in an event dedicated to the “strategic cooperation” between the U.S. and Gulf Arab states. Washington and many of its allies say Syrian President Bashar Assad has lost all legitimacy in a year of […]

     

MUST-READS

  • Top 10 Netflix Films in Saudi this week

    Weekly Top 10 lists of the most watched TV and films in countries around the world.

  • Perspective: Saudi Arabia Goes for Transformative Hat Trick

    The idea is to open up the economy and end its dependence on oil and gas; modify the existing fundamentalist tradition, which dates back to the alliance between Saudi authorities and Wahhabism in the 18th century; and globalize Saudi Arabia, placing it among the world’s powers. The challenge the crown prince faces is to accomplish this hat trick without weakening the overwhelming power of the monarchy.

  • Saudi Arabia denounces Israeli decision to confiscate West Bank land

    Israel’s actions “undermine the chances of a just and sustainable peace based on the two-state solution,” the statement on SPA added.

    Saudi Arabia also called on the international community to halt the systematic violations by Israeli settlers and to ensure the return of confiscated Palestinian lands.

    Last week, Israel announced the seizure of 800 hectares (8,000 dunams) of land in the occupied West Bank, which activists called the largest action of its kind in decades.

  • How smaller GCC states view the Iranian-Saudi détente

    Both Iran and Saudi Arabia have taken steps to build on their diplomatic breakthrough. There has been a reopening of embassies with a return of ambassadors, and a fruitful bilateral dialogue has continued. That the Israeli war on Gaza’s ripple effects have not derailed the détente speaks to Riyadh and Tehran’s vested interests in managing tensions through diplomacy and a commitment to non-aggression. Neither side desires a return to the hostility that shaped bilateral affairs in early 2016 and in the years that followed.

  • Houthis threaten Saudi Arabia’s oil installations for ‘supporting US aggression’

    Yemen’s Houthi rebels have threatened to target Saudi Arabia’s oil installations should the country allow a US-led coalition to use its airspace to counter the group’s attacks, a Houthi spokesperson said in an interview with al-Masirah TV on March 25. “We have sent a message to Saudi Arabia that it will be a target if it allows American fighter jets to use its territory or airspace in their aggression on Yemen,” Mohammed Ali al-Houthi, a member of the group’s Supreme Political Council, said in the interview.

  • Hamas’ Oct. 7 Attack Wasn’t Mainly About Israel, It Was About Defeating Its Palestinian Political Rival

    If Israel, the United States, and others are interested in denying Hamas a victory, they will have to recognize that strengthening Fatah, the PA, and the PLO is the essential internal Palestinian political corollary to whatever blows are struck against Hamas from the outside. Since Hamas is mainly fighting to outshine, marginalize, and overwhelm Fatah, any outcome that does not strengthen the PA and PLO will not, in fact, be a political defeat for the Islamists.

  • Manga Productions Chief Essam Bukhary on Saudi Manga Craze and How Partnership With Japanese Studios Is the ‘Future of the Anime Industry’

    Saudi Arabia, where popular anime characters such as “Captain Tsubasa” and “Dragon Ball” protagonist Son Goku have been engrained in the culture for decades, is taking its love affair with Japanese manga content to the next level.

    In late March, just a few weeks after the death of “Dragon Ball” creator Akira Toriyama, it was announced that the world’s first theme park dedicated to the megahit Japanese manga and animation franchise will be built in Qiddiya, the massive entertainment and tourism project outside the Saudi capital of Riyadh through a joint venture between Qiddiya and Japan’s Toei Animation.

  • Perspective: What Western Media Won’t Tell You About A Women’s Saudi Arabia

    The Saudi people are tired. Tired of having to justify themselves. Tired of having to defend their attitudes. Tired of a relentless and unforgiving West that seemingly can’t escape sensationalism nor overcome partiality. As a result of this fatigue, we, as outsiders, did not face confrontation or clash upon arriving in the Kingdom. For Saudis, their value system isn’t up for debate, which meant we were given a simple choice: listen or hide behind a veil of ignorance.

  • Saudi Arabia’s Diriyah Biennale Looks to the Future amid an Imperiled Present

    The second edition of Saudi Arabia’s Diriyah Contemporary Art Biennale—titled “After Rain” and on view through May—proposes petrichor as a metaphor for renewal, a cleansing by water of our battered earth and spoiled morality. The inaugural edition of the event, curated by Philip Tinari in 2021, was also water-themed, taking its title from a saying about a river crossed by Chinese revolutionaries in the 1980s. The fixation on water could seem ironic, given the arid setting, but it’s a logical idea for the Diriyah Biennale, the first international showcase of its kind in Saudi Arabia, to circle; it’s inextricable from the existence of the event.

  • KlasJet Obtains a Permit to Operate in Saudi Arabia

    KlasJet, a well-known exclusive private and corporate jet charter company and a part of the world's largest ACMI providers, the Avia Solutions Group family, is continuing its expansion into the Middle East region. KlasJet Boeing 737 has recently obtained the approval from the General Authority of Civil Aviation (GACA) in Saudi Arabia to operate domestic and international flights.

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