Analysis

OIL

Oversupply in Oil Markets Continues Downward Pressure on Prices

• SUSTG Team
• |
• 7. 7. 2017

Global oil markets have entered a period of oversupply, putting downward pressure on prices and eliciting calls for the world's largest producers like Saudi Arabia to act on top of March 2017 OPEC cuts to reduce the glut.

• Saudi-Qatar Rift

  

  Response to Qatar Demands Given Two-Day Deadline Extension

  SUSTG Team  |  7. 3. 2017

  Four Arab states lead by Saudi Arabia agreed to extend until late on Tuesday a deadline for Doha to comply with a list of demands, as U.S. President Donald Trump voiced concern to both sides about the dispute, according to Reuters and other reports.

• Eid Al-Fitr

  

  Saudi Begins Extended Eid Al-Fitr Holiday as Massive Celebrations Planned

  SUSTG Team  |  6. 26. 2017

  An extended Eid Al-Fitr holiday began in Saudi Arabia and most other Arab countries on Sunday, marking the end of the holy fasting month of Ramadan. Kuwait, Qatar and the United Arab Emirates will also start the holiday on Sunday, but Oman starts the holiday on Monday, according to reports.

• Bechtel

  

  Bechtel Appoints Abdulrahman Al-Ghabban as New Country Manager in Saudi Arabia

  SUSTG Team  |  6. 19. 2017

  Al-Ghabban is the first Saudi national to hold the position for Bechtel.

• U.S.-Saudi Military Sales

  

  $1.4b in Defense Contracts Approved by State Department as Senate Eyes Debate

  SUSTG Team  |  6. 6. 2017

  The U.S. State Department has approved the potential sale of more than $1.4 billion worth of military training and equipment for Saudi Arabia, the Pentagon said on Monday, the first fraction of a $110 billion arms deal U.S. President Donald Trump agreed to with Saudi Arabia when he visited in May.

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  New Video Shows How Riyadh Metro Will Transform Saudi Capital

  SUSTG Team  |  5. 26. 2017

  Riyadh’s new metro project is already transforming the face of the city, and will change how its citizens get around in the Saudi capital. There is no large-scale public transportation system currently in place in the city, and the city’s traffic situation reflects this reality.

• Value-Added Tax in the GCC

  

  VAT Draft to Hit General Authority of Zakat and Tax in ‘Weeks’

  SUSTG Team  |  5. 25. 2017

  Saudi Arabia's General Authority of Zakat and Tax will publish the value-added tax (VAT) draft on its electronic portal within the next two weeks, Reuters reports, citing local media reported.

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  New Life for the 15 Year Old Abdullah Arab Peace Initiative?

  SUSTG Team  |  5. 24. 2017

• U.S.-Saudi Commercial Relations

  

  Counting The US-Saudi Deals: A Look at What We Know So Far following President Trump’s Visit to Saudi Arabia

  SUSTG Team  |  5. 23. 2017

  Bloomberg and naturalgasintel.com feature a thorough rundown of all of the deals that were announced during the recent visit by President Donald Trump to Saudi Arabia.

• Trump's Saudi Visit

  

  Following President Trump’s Visit, U.S.-Saudi Business and Diplomatic Ties Reach New Heights

  SUSTG Team  |  5. 22. 2017

  The two-day visit by President Trump and top members of his family and staff to Riyadh, Saudi Arabia marks a new height in the history of U.S.-Saudi diplomatic and business relations.