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Baseball and Saudi Economic Policy – Wilson
2012 | 05/17/2012

Baseball and Saudi Economic Policy – Wilson

Americans never hesitate to pitch a good sports metaphor to help tell a story. In the case of the new “crop” of leaders managing the levers of Saudi Arabia’s economic direction we can share with you today the imagery of a team “on the upswing” just like SUSTG President Richard Wilson’s hometown favorite Major League Baseball team the Washington Nationals hopes to be this season. Saudi Arabia was already faring very well in a long season of economic progress, having weathered the global financial crisis much better than most of the field, and having a sound team strategy in place. Last December King Abdullah called up some stellar prospects to step into the lineup for the next innings. In this original SUSTG article, Wilson walks you through the new lineup: Dr. Muhammed Al-Jasser, Minister of Economy and Planning; Dr. Tawfiq al-Rabiah, Minister of Commerce and Industry; and Dr. Fahad Al-Mubarak, Governor, Saudi Arabian Monetary Agency (SAMA).

Global Markets Drag on TASI
2012 | 05/15/2012

Global Markets Drag on TASI

The TASI has dipped over the past month, primarily due to global factors. First quarter results of listed companies point to ongoing strength in the domestic economy, with profits 14.9 percent higher than in the first quarter of 2011. Nonetheless, the TASI is down by 10 percent since the end of March, mirroring falls on global markets, which have been unnerved by weaker economic data and a heightening political backlash against austerity in the Eurozone. We had anticipated that the rapid gains in share prices over the first quarter would not be sustained and maintain our end-year projection for the T ASI of 8,050.

Saudi Arabia Inflation Report – April 2012 – Jadwa
2012 | 05/14/2012

Saudi Arabia Inflation Report – April 2012 – Jadwa

This week Jadwa Investment released its monthly Inflation Report this week which noted the April year-on-year inflation dropped to 5.3 percent in April, down from 5.4 percent in March. The Jadwa report provides analysis of inflation stats and trends.

Saudi Perspective on the Middle East: Gulf Union Context – Obaid
2012 | 05/12/2012

Saudi Perspective on the Middle East: Gulf Union Context – Obaid

This week Mr. Nawaf Obaid, former strategic adviser to Prince Turki Al-Faisal, presented a briefing titled, “Saudi Perspective on the Middle East: The View from Riyadh” at the Belfer Center for Science and International Affairs. Obaid told SUSRIS the briefing was provided to bring context to expected announcements on the question of Gulf union at the May 14, 2012 meeting of GCC leaders in Riyadh.

Terrorism and Financial Intelligence
2012 | 05/11/2012

Terrorism and Financial Intelligence

The United States’ and Saudi Arabia’s long-standing cooperation in combatting global terrorism is by its nature a secretive area of the relationship but is occasionally revealed to the public as it was this week in the case of another foiled Al Qaeda bombing plot. SUSRIS has compiled much of the publicly available information including exclusive interviews with officials and specialists about these challenges. Today we provide for your consideration a very insightful interview with David Cohen, the current Under Secretary of Treasury for Terrorism and Financial Intelligence; conducted by Juan Zarate, a senior adviser at CSIS and former Deputy National Security Adviser for Combatting Terrorism and former Assistant Secretary of the Treasury for Terrorist Financing and Financial Crimes.

Saudi Women Carve Niche in Medicine
2012 | 05/11/2012

Saudi Women Carve Niche in Medicine

The University of Dammam started as part of a university, but turned out to be one of the largest universities in Saudi Arabia and the Gulf region. It was able to sustain a very healthy environment of ethical scientific research and discoveries. The university opened the classrooms to young talented Saudi women, opened new horizons and paved the way to a bright future for them. There are many Saudi women who achieved international recognition in many medical fields and the best thing about their achievements is they have done it quietly with style. Many of them didn’t know that we said thank you for their achievements. They were simply busy serving their country. The Saudi women doctors and nurses are heroes who achieved miracles and they deserve to be appreciated.

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