Analysis

INVESTMENT

Saudi Arabia Doubles Down on Industrial Development Program; Seeking over $400 Billion in Investment

• SUSTG Team
• |
• 1. 28. 2019

Saudi Arabia is seeking to attract 1.6 trillion riyals (nearly $429 billion) in private sector investment over the next 10 years for an infrastructure and industrial program, according to an announcement over the weekend and at an investment conference in Riyadh today.

• U.S.-Saudi Relations

  

  Fahad Nazer Named New Saudi Embassy Spokesperson in Washington

  SUSTG Team  |  1. 24. 2019

  The Royal Embassy of Saudi Arabia in Washington has appointed Fahad Nazer as official spokesperson, according to a press release and announcement made public yesterday.

• U.S.-Saudi Relations

  

  Secretary of State Pompeo Meets Top Saudi Leadership in Riyadh

  SUSTG Team  |  1. 14. 2019

  Secretary of State Mike Pompeo held talks with Saudi Arabia's King Salman and Crown Prince Mohammed bin Salman in Riyadh on Monday, discussion topics ranging from the conflicts in Syria and Yemen, threats from Iran and the Saudi response to the killing of Jamal Khashoggi.

• Oil

  

  Production Cuts Begin with Big Drop in Crude Oil Supply; Prices Rise

  SUSTG Team  |  1. 3. 2019

  Oil output from OPEC countries fell 530,000 barrels a day to 32.6 million a day last month, Bloomberg reports, in what amounts to the sharpest pullback since January 2017.

• Transportation

  

  Saudia-Owned Flyadeal Selects Boeing for Expansion Fleet with $3.5b in New Planes

  SUSTG Team  |  12. 21. 2018

  Saudi Arabian discount carrier Flyadeal will switch from an all-Airbus SE fleet to Boeing jets after ordering 30 737 Max narrow-body planes worth $3.5 billion at list prices, according to a Bloomberg report.

• U.S.-Saudi Relations

  

  In Dhahran, Energy Secretary Perry, Al-Falih Discuss Oil Markets, Nuclear Possibilities

  SUSTG Team  |  12. 10. 2018

  U.S. Energy Secretary Rick Perry held a round of talks with Saudi Minister of Energy Khalid Al-Falih and Aramco CEO Amin Nasser as well other energy industry figures in Dhahran, Saudi Arabia, according to reports.

• Oil Prices

  

  High Stakes as Saudi Arabia, Russia Leaders Meet on Sidelines of G20

  SUSTG Team  |  11. 30. 2018

  Top officials from Russia and Saudi Arabia are set to test their energy policy coordination through a series of meetings this week, both in Argentina on the sidelines of the G20 meeting and in Vienna, Austria next week for a meeting between OPEC and non-OPEC producers.

• U.S.-Saudi Relations

  

  Significant Step Taken in U.S.-Saudi THAAD Missile Deal

  SUSTG Team  |  11. 29. 2018

  A personal call between President Donald Trump and King Salman Saudi Arabia helped to finalize an agreement in which the Kingdom will buy Lockheed Martin’s $15 billion THAAD missile defense system, according to reports.

• Yemen

  

  Yemen’s Government to Join Peace Talks with Houthis, CNN Reports

  SUSTG Team  |  11. 20. 2018

  Yemen's Saudi-backed government confirmed it will participate in United Nations-sponsored peace talks in Sweden, according to CNN, which cited the Saudi Press Agency.

• U.S.-Saudi Relations

  

  Sec. Mattis, Saudi FM Al-Jubeir Meet; U.S. Calls for ‘Transparent Investigation’

  SUSTG Team  |  10. 29. 2018

  U.S. Defense Secretary Jim Mattis said on Sunday that he has met with Saudi Arabia’s foreign minister, Adel Al-Jubeir, and called for a "transparent investigation" into the killing of journalist Jamal Khashoggi in Turkey, according to reports.