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HSBC, RBS to Discuss Potential Merger to Create 3rd Largest Lender in Saudi Arabia
- April 26,2017
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- SUSTG Team
For sale stakes in two Saudi banks pose risks and opportunities for buyers as Saudi Arabia pushes forward with massive economic and social reform plans. One of those for sale stakes in Alawwal Bank may have found an interested buyer. HSBC Holdings Plc and Royal Bank of Scotland Group Plc’s Saudi Arabia ventures are exploring a […]
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U.S. Secretary of Defense Jim Mattis Arrives in Saudi Arabia; First Top Trump Administration Official to Visit Kingdom
- April 18,2017
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- SUSTG Team
U.S defense Jim Mattis arrived in Saudi Arabia today, his first stop on a tour through the Middle East that will “focus on the fight against Islamic State and articulating President Donald Trump’s policy toward Syria,” Reuters reports. وزير الدفاع الأمريكي #جيم_ماتيس يصل #الرياض في أول زيارة لل #السعودية منذ توليه مهامه pic.twitter.com/Bp8RiYRlQp — U.S. […]
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Event Announcement: Vision 2030: One Year into Saudi Arabia’s Economic Reforms – A Discussion with Saudi Minister of Commerce Dr. Majed Al-Qassabi
- April 11,2017
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- SUSTG Team
Saudi Arabia’s ambitious Vision 2030 plan to reform the Kingdom’s economy was introduced almost one-year ago on April 26th, 2016. While it may take years or even decades to accurately measure the program’s successes and shortcomings, it is not too early to assess early progress with the critical initiative. Vision 2030: One Year into Saudi Arabia’s Economic […]
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Saudi Arabia Arrested 77 Suspected Terrorists Last Month
- April 6,2017
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- SUSTG Team
Saudi security forces arrested 77 terror suspects in March, according to an updated list posted on the Interior Ministry’s Nafethah Tawasol website and as reported in the Jeddah-based Saudi Gazette. The suspects belong to nine nationalities — 53 of them are Saudis. The others included 16 Turks, two Syrians, one Bengali, an Egyptian, an Indian, […]
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Saudi-American Healthcare Forum Set for April 23-26, 2017 in Riyadh
- April 3,2017
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- SUSTG Team
Under the patronage of H.E. Dr. Tawfiq bin Fawzan Al Rabiah, Saudi Arabia’s Minister of Health, organizers of the upcoming Saudi-American Healthcare Forum seek to build on the momentum established by previous events. The event, with the theme of Mapping the 2030 Transformation of the KSA Healthcare Sector: “The Road to Privatization,” will take place at the Ritz Carlton Riyadh […]
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U.S. Military Footprint Growing in the Middle East
- March 30,2017
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- SUSTG Team
Two months after the inauguration of President Trump, indications are mounting that the United States military is deepening its involvement in a string of complex conflicts in the Middle East – including in Yemen – that lack clear endgames, the New York Times reports in a detailed look at U.S. escalation in regional conflicts. According […]
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At Annual Arab Summit, King Salman Stresses Solidarity, Signs Deals with Jordan
- March 29,2017
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- SUSTG Team
Saudi Arabia’s King Salman is in Jordan this week for the annual Arab Summit, a meeting between Arab states on Wednesday to “achieve cooperation and solidarity” toward shared regional challenges. King Salman arrived early to meet directly with his Jordanian counterpart, King Abdullah II, and announce several agreements to boost cooperation and bilateral ties, including an […]
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Reports: Trump Administration Bans Laptops In-Flight for Saudi-US Flights
- March 21,2017
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- SUSTG Team
Lengthy flights from Saudi Arabia to the United States will now seem longer as the Trump Administration bans non-American carriers from allowing passengers to carry laptops in-flight. New TSA rules on flights originating from Riyadh and Jeddah state that laptops must be kept in checked baggage. The new rule “had been under consideration since the […]
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Seven Important Takeaways from Saudi Deputy Crown Prince Mohammed bin Salman’s Lunch Meeting with President Trump
- March 15,2017
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- Lucien Zeigler
A “senior advisor to Deputy Crown Prince Mohammed bin Salman” released an enthusiastic statement following yesterday’s meeting between the Prince and President Trump, calling the meeting a “huge success.” Observers of the U.S.-Saudi relationship will read the full text of the statement closely. It provides some insight into the thinking of Saudi leaders on the […]
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Deputy Crown Prince Mohammed bin Salman Departs for United States, Set to Meet with Donald Trump
- March 13,2017
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- SUSTG Team
Deputy Crown Prince Mohammed bin Salman is set to visit Washington, D.C. this week and will meet with President Trump. The Saudi Royal Court, in a statement carried by the official Saudi Press Agency, said that Prince Mohammed will meet with the President and a number of US officials to discuss “the strengthening of bilateral relations […]
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SecurityYemeni army kills five Al-Qaeda suspects near Saudi border
Five suspected members of the Al-Qaeda terrorist group were killed near the Yemeni-Saudi border on Saturday in a gun battle with Yemeni troops. The shootout began when one suspect opened fire after a Yemeni soldier attempted to search the bus the suspects were travelling on in the city of Harad, 9 miles (15 kilometers) from the Saudi border.
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Saudi - YemenReading Saudi Tea Leaves in Yemen
There is broad consensus among Yemen’s political class—and a great deal of anecdotal evidence—that Iran supports the Houthi movement, but how extensively remains unclear. Is it just ideological support and nominal funding or is it more operational, including training, provision of weapons, political strategy, technical assistance, and strategic communications support?
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AQAPAl-Qaida affiliate claims responsibility for explosion at US-Yemeni air base
An al-Qaida affiliate in Yemen says it targeted a U.S.-Yemeni air base with rockets in retaliation for a U.S. raid on the group's hideout to free an American hostage.
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Hostage RescueUS Commandos ‘Lost the Element of Surprise’ in Yemen Raid
And there would have been less time to plan this mission, which was was moved up when intelligence sources indicated that AQAP, which had threatened to kill Somers by Saturday, might kill him even sooner. A video posted online this past week showed Somers, a freelance photographer, asking for help because he thought he would be killed.
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Saudi-YemenExclusive: Saudi suspends aid to Yemen after Houthi takeover
Saudi Arabia has suspended most of its financial aid to Yemen, Yemeni and Western sources said, in a clear indication of its dissatisfaction with the growing political power of Shi'ite Houthi fighters friendly with Riyadh's regional rival, Iran.
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Yemen in CrisisAn American Hostage in an Unraveling Yemen
The Houthis, who comprise 30 percent of Yemen's population, present an entirely separate problem from the al-Qaeda insurgency. On Thursday, Reuters reported that Saudi Arabia had suspended most of its financial aid to Yemen as an ineffectual power-sharing deal with the Houthis has raised alarms with the Saudis. The United States, which also seeks to check Iran's influence in the region, can't be happy either.
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Saudi-YemenSaudi suspends aid to Yemen after Houthi takeover
Saudi Arabia has suspended most of its financial aid to Yemen, Yemeni and Western sources said, in a clear indication of its dissatisfaction with the growing political power of Shi'ite Houthi fighters friendly with Riyadh's regional rival, Iran.
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Al-Qaeda in YemenYemen: Raid frees eight hostages, including US serviceman
A group of seven Yemenis and a US military expert who were taken hostage by a group linked to al-Qaeda have been freed by Yemeni Special Forces, a local security source has told the BBC.
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Al-Qaeda in YemenAl Qaeda In Yemen Denounces ISIS
Yemen's al-Qaida branch on Friday denounced the Islamic State group for declaring a caliphate on territory it seized in Syria and Iraq and for aggressively seeking to expand its area of influence. The al-Qaida Yemeni offshoot's purported spiritual guide, Sheikh Harith al-Nadhari, said such expansionist intentions are "driving a wedge" among jihadi groups. He was referring to Islamic State's leader Abu Bakr al-Baghdadi's recent call for followers to "explode volcanos of jihad everywhere."
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AQAPYemen’s AQAP says Houthis will pay for push into country
Al Qaeda in the Arabian Peninsula, reacting to the loss of its strongholds to Shi'ite Houthi fighters, has accused its opponents of acting as a proxy for the United States and thtreatened renewed violence against them.
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