Analysis

OIL MARKETS

Al-Falih Signals ‘Wait and See’ Approach to Trump’s Harsher Iran Oil Sanctions

• SUSTG Team
• |
• 4. 23. 2019

The recent decision by President Trump to end all Iran sanction waivers by May was welcomed in Saudi Arabia, but the Kingdom indicated it would respond cautiously with decisions on oil production.

• Saudi Aramco

  

  Saudi Aramco to Acquire Stake in South Korean Hyundai Oilbank for $1.2 billion

  SUSTG Team  |  4. 15. 2019

  Saudi Aramco says it has reached an agreement to acquire a $1.25 billion stake in South Korean refiner Hyundai Oilbank that would provide it with "a dedicated outlet for its crude to South Korea."

• U.S.-Saudi Relations

  

  Trump, Crown Prince Mohammed bin Salman Speak by Phone, White House Says

  SUSTG Team  |  4. 10. 2019

  U.S. President Donald Trump spoke with Saudi Arabia’s Crown Prince Mohammed bin Salman by phone on Tuesday, discussing Riyadh’s role in Middle East stability, maintaining pressure on Iran other issues, according to reports.

• Saudi-Bahrain

  

  King Salman Makes Day Trip to Bahrain, Meets with Bahraini King Hamad Al-Khalifa

  SUSTG Team  |  4. 3. 2019

  Saudi Arabia’s King Salman arrived in Bahrain on Wednesday to discuss bilateral relations and regional developments, according to reports.

• U.S.-Saudi Relations

  

  Energy Secretary Rick Perry Confirms KSA One of 16 Countries Approved for Unclassified Civil Nuclear Technology

  SUSTG Team  |  3. 29. 2019

  The Trump administration has approved seven applications for U.S. companies to sell nuclear power technology and assistance to Saudi Arabia, but did not reveal the particular companies or specifics of those authorizations, the Energy Department said Thursday.

• Tourism

  

  Saudi Tourism Officials Eye $20b Investment for Al-Ula, with Roadshow Planned for This Year – Report

  SUSTG Team  |  3. 21. 2019

  A recent report in Reuters revealed Saudi Arabia's big ambitions for Al-Ula, in the northwestern corner of the kingdom that was a key site for an ancient civilization and is near to the future planned city NEOM.

• Security

  

  Saudi Top Buyer of Military Arms as Flow Increases to Middle East

  SUSTG Team  |  3. 13. 2019

  Saudi Arabia became the world’s largest arms importer between 2014–18, with an increase of 192 per cent compared with 2009–13, according to a new annual report published by the Stockholm International Peace Research Institute (SIPRI).

• Islam and Society

  

  Saudi Society Debates Keeping Shops Open during Prayer Times ahead of Shoura Consideration

  SUSTG Team  |  3. 4. 2019

  A debate is raging on social media in Saudi Arabia about whether the Kingdom should continue to require by law the closing down of all shops, malls, restaurants, gas stations, and even hospitals during the call for adhan (Islamic prayer) and throughout prayer time, according to media reports

• 

  Crown Prince Mohammed bin Salman Meets with Xi Jinping in Beijing, Tours Great Wall

  SUSTG Team  |  2. 22. 2019

• Saudi Economy

  

  Jadwa Investment Forecasts ‘Continued Improvement in the Health and Direction of the Saudi Economy’

  SUSTG Team  |  2. 15. 2019

  In a research report on the year ahead for the Saudi economy, Jadwa Investment said 2019 will be "marked by a continued improvement in the health and direction of the Saudi economy."