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Saudis Increasing Riyadh Water Supply
- April 6,2012
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- SUSTG Team
With the bulk of Saudi Arabia’s drinking water coming from desalination plants, the country’s sky-rocketing population growth puts enormous demand on water supply. Arab News reports that a new desalination plant in the Eastern Province is gearing up to go online. When it is producing, it will nearly double the amount of water flowing into […]
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Internet in the Middle East Still Short of Its Potential
- April 5,2012
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- SUSTG Team
Last week’s third ArabNet conference for digital entrepreneurs in the MENA region was, by the standard of these things, a modest affair. But nonetheless it showed how the regional digital economy has grown, and how it is poised to take off. As one commentator said: “Jordan for the talent, Lebanon for the creativity, Egypt for […]
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Saudi to maintain oil supply if U.S. draws stocks
- April 3,2012
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- SUSTG Team
Saudi Arabia is likely to maintain high oil production in the event consumer countries release emergency stocks, but it will not seek to lure buyers for more oil by discounting its crude, industry sources said. U.S. Secretary of State Hillary Clinton on Saturday in Riyadh sought an assurance from Saudi King Abdullah that the kingdom […]
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Hillary Clinton: Time running out for diplomacy with Iran
- March 31,2012
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- SUSTG Team
U.S. Secretary of State Hillary Rodham Clinton made clear Saturday that time is running out for diplomacy over Iran’s nuclear program and said talks aimed at preventing Tehran from acquiring a nuclear weapon would resume in mid-April. With speculation over a possible U.S. or Israel military attack adding urgency to the next round of discussions […]
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Water Brings Green to Saudi Arabia
- March 30,2012
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- SUSTG Team
Over the last two-and-a-half decades, a series of NASA’s Landsat satellites have captured these pictures of the growing agriculture industry in the northern reaches of the Syrian Desert in Saudi Arabia, not far from Jordan. Farmers use a technique called center-pivot irrigation to bring up water from below the desert floor to grow wheat and […]
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U.S. Might Have More Oil Than Saudi Arabia, But…
- March 30,2012
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- SUSTG Team
People are often confused about the overall extent of U.S. oil reserves. Some claim that the U.S. has hundreds of billions or even trillions of barrels of oil waiting to be produced if bureaucrats will simply stop blocking development. In fact, in a recent debate between Republican candidates contending for Gabrielle Giffords’ recently vacated House seat, one candidate […]
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Five short stories from World Energy Outlook
- March 29,2012
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- SUSTG Team
The IEA’s World Energy Outlook (WEO) is an annual tradition, the result of much work, data analysis and presentation. A formative volume is produced for all to read and digest, but few of us have the time to do so in the detail required. As such we rely to some extent on IEA presentations and summary documents. […]
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Saudi Arabia will act to lower soaring oil prices
- March 29,2012
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- SUSTG Team
In an op-ed in the Financial Times, Ali Al Naimi writes, “High international oil prices are bad news. Bad for Europe, bad for the US, bad for emerging economies and bad for the world’s poorest nations. A period of prolonged high prices is bad for all oil producing nations, including Saudi Arabia, and they are […]
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“Out in the Blue” Part 9 of Video Series “Distant Arabia”
- March 28,2012
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- SUSTG Team
In this clip excerpted with permission from the documentary The Prize: The Epic Quest for Oil, Money and Power based on the book of the same name by Daniel Yergin, the story of Tom Barger’s first journey to Saudi Arabia is related through his movies and letters. The complete story is told in Barger’s book […]
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GE wins $200mn power plant conversion contract in Saudi Arabia
- March 27,2012
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- SUSTG Team
GE said it has received a contract for nearly $200 million to supply steam turbine technology, power generation services and distributed control systems for the conversion of Saudi Electricity Co.’s (SEC) PP10 power plant from simple to combined-cycle operation. The project will add 1,300 MW to the plant’s capacity. “The conversion to combined-cycle operation is […]
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MUST-READS
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Christie’s will become first global auction house to operate in Saudi Arabia
Heading up the firm’s latest location is Nour Kelani, who has been appointed to the newly created role of managing director, Christie’s Saudi Arabia. Based in the capital Riyadh, she will lead Christie’s client services for the fine art and luxury secondary business to “build on long-established clientele in the Kingdom and engage with the next generation of collectors”, according to a release.
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Saudi Aramco wants to be a major LNG gas player, gas chief says
The world's largest oil producer, Saudi Aramco (2222.SE), opens new tab, wants to become a major liquefied natural gas player, the head of its natural gas business said on Tuesday. Saudi Aramco has taken the first steps to reach a goal of becoming a major LNG player, said Abdulkarim Al-Ghamdi, an Aramco executive vice president, at the GasTech energy conference in Houston. The Saudi oil giant last year acquired from EIG Global Energy Partners LLC a minority stake in MidOcean Energy for $500 million, its first foray into LNG abroad. This month, it increased its stake to 49%.
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Hezbollah exploding pager trail runs from Taiwan to Hungary
The detonation of thousands of pagers targeting Hezbollah in Lebanon has left a mysterious trail from Taiwan to Hungary, while raising the prospect of another full-scale war in the Middle East between the Iran-backed group and arch-foe Israel. Israel's Mossad spy agency, which has a long history of pulling off sophisticated attacks on foreign soil, planted explosives inside pagers imported by Hezbollah months before Tuesday's detonations that killed nine people, a senior Lebanese security source and another source told Reuters.
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Hezbollah vows to punish Israel after pager explosions across Lebanon
Militant group Hezbollah promised to retaliate against Israel after accusing it of detonating pagers across Lebanon on Tuesday, killing nine people and wounding nearly 3,000 others who included fighters and Iran's envoy to Beirut. Lebanese Information Minister Ziad Makary condemned the late-afternoon detonation of the pagers - handheld devices that Hezbollah and others in Lebanon use to send messages - as an "Israeli aggression". Hezbollah said Israel would receive "its fair punishment" for the blasts.
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Middle East renewable energy investments to pass $75bn by 2030
The Middle East is on course to take $75.63bn of investment in renewable energy projects through to 2030, according to a new report released by the Energy Industries Council. These investments involve 116 renewable energy projects, which are tracked by the EICDataStream database, and are forecast to come on stream between 2025 and 2030.
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Commentary: Workplace child care in Gulf countries would help employed mums. What gets in the way?
As a result, it is much more efficient to have – hypothetically – two childcare facilities serving 30 children each than it is to have 10 childcare facilities serving six children each. Certainly, in the case of an office tower with thousands of employees, having a shared, building-level childcare facility is economically sound. However, for smaller workplaces such as a bank branch, a clothing store or a coffee shop – where many Gulf women work – mandating an establishment-level childcare facility is both costly and highly inefficient.
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Saudi oil giant spends well over a billion on ‘sportswashing,’ new report says
“Sportswashing isn't new,” Orr said, noting the practice was developed by Western oil companies to head off potential uprisings in local communities that were grappling with worker rights and public safety. “For decades, sports have been a very effective tool for selling things, from sports drinks to shoes, flights to cereal,” she added. According to the study, the sports that attract the largest sums include football, motor sports, rugby union and golf.
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Saudi Arabia is topper in region and 4th globally in UN digital services index
Saudi Arabia emerged topper in the region and fourth globally in the UN digital services index. The Kingdom jumped 25 places in the UN E-Government Development Index (EGDI) 2024, becoming one of the leading countries worldwide. It ranked second among G20 countries in the index. Additionally, the Kingdom secured 7th position in the e-participation index, while the city of Riyadh ranked 3rd among 193 cities worldwide.
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Saudi’s Aramco Digital announces multiple AI partnerships
Aramco Digital Company and Groq, a major name in the field of artificial intelligence (AI) inference, have announced a partnership to establish the world's largest inferencing data centre in Saudi Arabia. But it's far from the only recent AI news from the digital and technology subsidiary of Aramco, the giant global integrated energy and chemicals company.
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Egyptian cabinet says Saudi Crown Prince told PIF to pump $5 bln into Egypt as ‘first stage’
The Egyptian cabinet said in a statement on Monday that Saudi Crown Prince Mohammed bin Salman has directed the Saudi Public Investment Fund (PIF) to pump $5 billion worth of investment money into Egypt in what it called a "first stage". The statement came after Egyptian Prime Minister Mostafa Madbouly met the Saudi crown prince in Riyadh and discussed boosting bilateral relations. The statement contained no further details on when the funds are going to be invested, the nature of the investments or in how many stages the Saudi government is planning to make its investments.
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