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Recent stories from sustg
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Uber Scores the Largest Single Investment Ever Made in a Private Company from Saudi Arabia’s Public Investment Fund; Snags $3.5b
In what is being called the largest single cash investment ever made into a private company, Saudi Arabia’s Public Investment Fund (PIF) has invested $3.5 billion for 5% of the on-demand car service Uber. The investment is the first of likely many more investments into technology as Saudi Arabia looks to act on its ‘Vision 2030’ […]
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Saudi, Iran Row Over 2016 Hajj Heats Up
Iran says it will not allow its pilgrims to attend the Hajj this year following weeks of talks with Saudi Arabia, according to reports. According to Saudi Arabia’s Foreign Minister, Adel Al-Jubeir, Saudi Arabia would not acquiesce to “unacceptable” demands. Al-Jubeir commented that, “Iran refused to sign the memorandum and was practically demanding the right to hold […]
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Comprehensive Document Outlining Saudi Arabia’s Counterterrorism Strategy, Successes Released
The Embassy of Saudi Arabia in Washington has distributed a comprehensive document outlining the Kingdom’s efforts to fight terrorism. The detailed publication was distributed to Congress as debate regarding the September 11, 2001 terrorist attacks heat up following the recent unanimous Senate vote to pass the Justice Against Sponsors of Terrorism Act (JASTA) bill. The Kingdom […]
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Senate Passes JASTA Despite Stiff Opposition from White House, Saudi Leaders
The Senate on Tuesday passed H.R.3815, also known as the Justice Against Sponsors of Terrorism Act (JASTA), a bill that would allow the families of victims of the Sept. 11, 2001, attacks to sue Saudi Arabia over its alleged support for terrorism, despite stiff opposition from the White House and Saudi leaders. This is the second time […]
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Responding to Bloomberg Freedom of Information Act Request, U.S. Treasury Reveals How Much U.S. Debt is Held by Saudi Arabia
The U.S. Treasury Department revealed for the first time ever how much debt Saudi Arabia is holding, breaking an unusual and longstanding policy of secrecy regarding how much the Kingdom holds. Saudi Arabia held $116.8 billion in U.S. debt at the end of March. That is down 6% from its highest level in January 2016. Bloomberg first reported the […]
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Saudi General’s New Warning on Yemen’s Capital Underscores Importance of Latest U.N.-Backed Peace Talks
The Saudi-led coalition will fight to regain Yemen’s capital city from Houthi rebels if current peace talks backed by the United Nations collapse, according to Saudi Arabia’s Brigadier General Ahmed Asseri, who has been the official spokesman for the Saudi military during the conflict. The threat underscores the importance to Saudi Arabia of bringing a lasting solution to […]
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Graphic: Saudi Arabia Reshuffles Government Leaders, Modifies Ministries
Saudi Arabia’s King Salman issued a Royal Order on Saturday, May 7th, 2016 making changes to the government structure and key leaders. The Royal Order follows the recently released ‘Vision 2030’ economic and development plan to transform the Saudi economy and society into the 21st Century. The full text of the changes as issued by […]
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The 13 ‘Programs’ in Saudi Arabia’s Vision 2030
Saudi Arabia’s Vision 2030 document, released on Monday April 25th, provides an ambitious roadmap for significant changes to the Kingdom’s economy and society over the next 15 years. The document highlights three general themes: a “vibrant society“, a “thriving economy“, and an “ambitious nation,” under which the document makes commitments to achieve progress on both […]
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Graphic: Visualizing the Themes in Saudi Arabia’s ‘Vision 2030’ Roadmap
Saudi Arabia’s recently released ‘Vision 2030’ provides the framework of ambitious plans to transform the Kingdom’s economy and society. Additional details – especially in regard to the economy-focused National Transformation Program – will be released over the next 4-6 weeks. Drafted by the Council of Economic and Development Affairs on instructions from King Salman, the just-released document provides […]
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President Obama, King Salman Attend GCC Summit in Riyadh; Pledge to build on ‘Deep Strategic Partnership’
President Obama and King Salman attended the summit of the Gulf Cooperation Council (GCC) members in Riyadh, Saudi Arabia today at the Al-Diriyah Palace. The White House on Wednesday called the summit “an important opportunity for the United States and its Gulf partners to strengthen cooperation against [the Islamic State group] and also to address regional […]
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MUST-READS
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Russia and Iran: Split over Syria?
Having saved Assad and all but declared military victory, Russia may be asking itself now if Assad is a liability for its longer-term interests in Syria. It would be an apt question.
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Commentary: Is Saudi Arabia’s social contract under strain?
Where similar reforms have prompted unrest elsewhere in the region, there has been surprisingly little backlash in Saudi Arabia, either from the country’s social media-mad general public or its conservative clerics
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Why did Yemen ask the US to slow down its ground troop activity?
But the government’s motives for limiting American operations go deeper than ensuring the tactical success of any particular raid.
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Is a new Middle East war on Israel’s horizon?
"The changes in Syria," he told me, "have brought Iran closer to Israel's borders than ever."
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Commentary: Is Trump Trying to Tweet Us Into a War With Iran?
First the good news. The elements of the official statement calling out Iran’s destabilizing behavior in the Middle East are on point.
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Why not a Saudi MADD?
For the past couple of decades, there have been many road safety programs organized by the traffic department. Fines have also been increased. Jail terms are given to errant drivers. However, the dangerous devil-may-care attitude of drivers continues unabated.
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Is ISIS Breaking Apart?
Others, such as Colin Clarke and Chad Serena, see the dynamic as more problematic, one that could possibly lead to the emergence of smaller, and potentially more extreme groups—thereby making an already long war even longer.
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Is an Iranian-Gulf Arab Rapprochement in the Works?
Iran and most of the GCC countries, notably Saudi Arabia, have been rivals at two interlocking and crucial levels since at least the 1979 Islamic Revolution in Tehran.
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Perspective: Two Years after Abdullah: Impending Showdown over Saudi Reforms?
Even so, it will be impossible to enact meaningful economic change without some social openings, and the men leading Saudi Arabia know it.
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How Do Israel’s Tech Firms Do Business in Saudi Arabia?
Someone from the upper echelons of power in Saudi Arabia, Bar says, invited him to discuss a potential project via Skype. The Saudis had heard about his technology and wanted his help identifying potential terrorists. There was one catch: Bar would have to set up a pass-through company overseas to hide IntuView’s Israeli identity.
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