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Al-Jubeir: ‘There Is No Doubt’ Iranian-Built Missile Shot from Yemen ‘Act of Aggression’
- November 7,2017
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- SUSTG Team
Saudi Arabia’s Foreign Minister Adel Al-Jubeir said that Saudi Arabia had the right to defend itself against Iran and would take “appropriate” actions to counter Iranian aggression against the Kingdom, according to an interview the foreign minister gave to CNN. On Saturday, Saudi Arabia said it intercepted a missile shot from Yemen that nearly reached Riyadh’s […]
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Saudi’s PIF Continues Investment Drive in Kingdom’s Tourism and Hospitality Development
- October 2,2017
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- Lucien Zeigler
Saudi Arabia’s Public Investment Fund (PIF) is continuing to expand its investment portfolio in Saudi Arabia’s travel, tourism, and leisure infrastructure across different regions of the country as part of the Kingdom’s Vision 2030 economic and social reform plans. The latest such development came in the form of an announcement by the PIF today that it […]
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Saudi Arabia’s ‘Third Rail’ No More? Kingdom Eyes Ambitious Energy Subsidies Cuts By November 2017, Report Says
- September 18,2017
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- Lucien Zeigler
Energy subsidies have long been a significant drag on the Saudi economy on numerous fronts, but as Vision 2030 reforms move ahead, Saudi Arabia is reportedly eyeing further cuts to its domestic energy subsidy program, long a third rail for Saudi domestic politics. According to a Bloomberg report, the government will aim to phase out “subsidies for gasoline and jet […]
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Saudi, UAE Crown Princes Forged Friendship on Overnight Camping Trip in the Saudi Desert Last Year, WSJ Report Says
- August 7,2017
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- SUSTG Team
Saudi Arabia’s Crown Prince Mohammed bin Salman and the Crown Prince of the UAE Sheikh Mohammed bin Zayed took an overnight camping trip in the Saudi desert together 18 months ago, forging a friendship that would prove to be pivotal as the two nations build on relations to take on regional challenges, the Wall Street Journal […]
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Plans to Tap Massive Tourism Potential for Saudi Arabia’s Red Sea Unveiled
- August 1,2017
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- SUSTG Team
Saudi Arabia wants to turn hundreds of miles of its Red Sea coastline into a global tourism destination, according to an announcement by the government’s Public Investment Fund (PIF) and reports. The development will include “50 islands and 34,000 square kilometers — an area bigger than Belgium — between the cities of Umluj and Al Wajh […]
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Crown Prince Mohammed’s Promotion, MSCI Announcement Jolts Saudi Stock Market to Big Gains
- June 22,2017
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- SUSTG Team
Saudi Arabia’s stock market soared for a second straight day following two big storylines that are giving investors confidence: the promotion of Prince Mohammed bin Salman to first-in-line to be King of Saudi Arabia, and news that the Kingdom may be considered for MSCI Emerging Market index inclusion as soon as 2019. The announcement of […]
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New Saudi Arms Manufacturer ‘SAMI’ Launched As Part of Vision 2030 Ahead of Trump Visit
- May 18,2017
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- SUSTG Team
Saudi Arabia’s Public Investment Fund (PIF) announced on Wednesday the launch of a national state company for arms manufacturing as part of its Vision 2030 economic and social reform program, according to reports. The new company, the Saudi Arabian Military Industries (SAMI), will be producing not just arms but armored vehicles and will work to repair […]
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In Interview, Deputy Crown Prince Mohammed bin Salman Discusses Economic Reforms, Regional Challenges
- May 3,2017
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- SUSTG Team
Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman gave a wide-ranging interview with Saudi TV station MBC yesterday, discussing regional politics, the war in Yemen, the economy, Vision 2030, and Saudi Aramco’s planned IPO. The interview – given in Arabic – was widely broadcasted in the Kingdom and discussed on social media sites. It was his […]
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The U.S. is ‘Significantly Increasing’ Support for the Saudi-led Coalition in Yemen as Conflict Enters Third Year
- March 28,2017
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- SUSTG Team
The Trump administration has “significantly increased” military support for the Saudi-led coalition fighting al Qaeda and Iranian-backed militias in Yemen, the Wall Street Journal reports. The increase in support by the Trump administration raises the stakes for the United States in the war in Yemen, now entering its third year. It also continues a warming trend in […]
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Deputy Crown Prince Mohammed bin Salman Meets Secretary Mattis at the Pentagon; Pledges Cooperation in Fight Against Daesh
- March 17,2017
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- SUSTG Team
Secretary of Defense Jim Mattis met with Saudi Deputy Crown Prince and Minister of Defense Mohammed bin Salman at the Pentagon yesterday following the Prince’s meeting with President Trump at the White House on Tuesday. “Secretary Mattis and the deputy crown prince affirmed the importance of the U.S.-Saudi Arabia defense relationship, and discussed the security environment in […]
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MUST-READS
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Biden Pick for Saudi Ambassador Likely to Anger MBS: Ex-Official
David Schenker, who served as assistant secretary of state for Near Eastern Affairs at the State Department from 2019 to January 2021, told Insider of Ratney: "He's a very capable diplomat, he served in positions of importance, requited himself well, and is held in high regard."
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Saudi’s MbS will eventually take Biden’s call
Crude prices have spiked 20% since Russia invaded Ukraine last month. That’s partly due to sanctions as well as a broader wariness from oil buyers. Though the United States produced 11.2 million daily barrels of crude oil in 2021, it will struggle to fully replace the more than 4 million barrels a day previously exported by Russia. Saudi, which in 2021 pumped 9.1 million daily barrels, has the capacity to help.
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Opinion: Biden Will Have to Work With Saudi Prince MBS, Like It or Not
It’s not hard to see why Biden has failed to take MBS down a peg. For one thing, plenty of other world leaders — including China’s Xi Jinping, France’s Emmanuel Macron and Russia’s Vladimir Putin — have been perfectly happy to pay court to the prince. For another, Biden’s disfavor has cost MBS nothing, politically or economically. His power in the palace is undiminished and soaring oil prices have put more money in his pocket.
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4,500-year-old highway network lined with ancient tombs found in Saudi Arabia
"The people, who live in these areas, have known about them for thousands of years. "But I think it wasn't really known until we got satellite imagery that just how widespread they are," researcher Matthew Dalton told CNN.
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Mysterious ancient tombs reveal 4,500-year-old highway network in northwest Arabia
The existence of the funerary avenues suggests that complex social horizons existed 4,500 years ago across a huge swath of the Arabian Peninsula. The finding adds to the steady progress by archaeologists working under the auspices of RCU in understanding the hidden story of the ancient kingdoms and earlier societies of north Arabia.
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Saudi coalition says it strikes military camp in Sanaa, Houthis say bombs hit prison
The coalition said it destroyed seven drone and weapons stores at the camp, Saudi state TV reported, adding it was in response to an armed drone launched from north Yemen towards Saudi's Red Sea region of Jizan.
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Saudi music festival highlights social reforms under MbS
Saudi entertainment authority director Turki Al-Shaikh tweeted that attendance on the final day, Dec. 19, “reached 152,000…bringing the total for all days to 732,000, as one of the largest music festivals in the world.”
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Along Afghanistan’s ‘highway of death,’ the bombs are gone but suffering has deepened
Flowing from the capital, the highway begins without promise, a long, curving scar stretching across the navel of Afghanistan. Potholes. Ruts. A bridge destroyed in an airstrike, still unfixed. Visible symbols of two decades of war, corruption, and neglect along the artery that connects the nation’s two largest cities, Kabul and Kandahar.
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Kadhimi, MbS engage to repatriate Iran’s Yemen envoy
“Direct contact” between Iraq’s prime minister and Saudi Arabia’s crown prince has resulted in the safe repatriation of Iran’s ambassador to Yemen, Amwaj.media has learned. Hassan Irloo, the Iranian diplomat—and alleged Islamic Revolutionary Guard Corps (IRGC) officer—was evacuated to Tehran late on Dec. 18, informed sources in the region have asserted, speaking without attribution given the sensitivity of the matter.
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MbS embarks on GCC tour as Saudi Arabia, UAE diverge on regional outreach
Even if the meeting between the two leaders does not take place in Doha this week, the big picture strongly suggests that further regional dialogue is on the horizon. This is particularly the case given the perceived uncertainty of Gulf security partnerships with the US.
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