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Recent stories from sustg
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State Department Approves $200m Services Contract Request from Saudi Arabia which will ‘Increase U.S. – Saudi Arabia Military Interoperability’
The State Department has approved a request for continued support services to Saudi Arabia at an estimated cost of $200 million. According to a release from the Defense Security Cooperation Agency (DSCA), the sale “will enhance the foreign policy and national security objectives of the United States by helping to improve the security of an […]
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Saudi Arabia’s War in Yemen Could Put Pressure on Future European Arms Deals
On February 25th, European Union lawmakers are gearing up for a vote on whether to call for an embargo on weapons sales to Saudi Arabia, according to a report in the Canada-based Globe and Mail. Concern in Europe is mounting over Saudi Arabia’s war in Yemen, and the use of European military equipment sold to […]
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Popular King Abdullah Scholarship Program Reported to have New Restrictions along with Reduced Budget
Saudi Arabia’s King Abdullah Scholarship Program (KASP) has reportedly been narrowed to include only top universities and programs, months after the program was expanded to include all students and their families. Founded in 2005 and one of the late King Abdullah’s legacy programs, the scholarship fund covers full tuition, medical insurance, a monthly stipend for living expenses, and […]
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Little Upside in Latest Jadwa Saudi Chartbook
Riyadh-based Jadwa Investment’s latest monthly chartbook overviewing the Saudi economy contains mostly negative economic data on consumer spending, activity, government accounts, and inflation. Economic data for the month of December 2015 indicates a slowdown in activity, and data on consumer spending continued to point to a softening trend, while PMI fell to a record low, […]
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With affordable housing in short supply, new JV set to provide mortgage loans to low and middle-income Saudis
A new joint venture between Saudi Arabia’s Ministry of Finance (MoF) and the Islamic Corporation for the Development of the Private Sector (ICD) has received approval to provide loans to low and middle-income Saudis, in what could be a much-needed boost for access to mortgages in the Kingdom. Bidayaa Home Finance was launched to provide […]
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U.S. Chamber of Commerce and Council of Saudi Chambers Kick-off U.S.-Saudi Arabia CEO Summit
On January 24, 2016 at the Council of Saudi Chambers of Commerce building the U.S.-Saudi CEO Summit kicks off a focused, high-level private-sector initiative to assess the U.S.-Saudi commercial and business environment in order to enhance bi-lateral trade, investment and cooperation. The Saudi-US Trade Group team is in Riyadh to participate in the inaugural U.S.-Saudi […]
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FM Al-Jubeir: Most Effective Way to Solve Regional Crises ‘Through our close partnership and alliance with the United States of America’
U.S. Secretary of State John Kerry on Thursday stood by ally Saudi Arabia in its widening rift with Iran over the execution of a Shiite cleric while urging the regional rivals to pursue a diplomatic solution, the Associated Press reports. Kerry said Washington stands by its friends, “but we also want to see diplomacy work. […]
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Saudi Aramco Considers IPO, but Scope of Listing Unknown
As Saudi Arabia appears to actively consider a potential IPO for its state-owned oil company, Saudi Aramco, two conflicting reports emerged today about the potential scope of the offering. On Thursday of last week, Saudi Arabia’s deputy crown prince Mohammed bin Salman told the Economist in an interview that he was optimistic about the potential […]
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Saudi Stocks Hit 4-Year Low as Global Markets Shudder at China’s Second Halt in Trading This Week
Saudi Arabia’s stock market has continued a tumultuous start to the new year, with the Kingdom’s benchmark index falling another 4.8 percent on Thursday to a four-year low. According to the Financial Times, the drop this year has totaled 10.6 percent, and leaves it 44 per cent weaker than its post financial crisis peak in 2014. The TASI […]
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Video Released Shows Timelapse Construction on Riyadh’s Metro Project
A recently released video by the leading construction partners on Riyadh’s metro project highlighted the progress made on the mega-project that will change the way the city’s residents get around. In October, the Riyadh metro project hit a major milestone as a consortium led by Spanish construction giant FCC said it has completed the drilling […]
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MUST-READS
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How will the new King Salman change Saudi Arabia?
He is also the family disciplinarian. When Saudi princes and princesses got into trouble, Khaled Almaeena says, it was Prince Salman who would quietly sort things out.
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Opinion: Was the Saudi Government Complicit in the 9/11 Attacks?
Moussaoui’s anecdotes about Saudi perfidy are not plausible. Anyone who has read his testimony can see that he is not mentally well, and in any case one of Al Qaeda’s aims was to drive a wedge between the United States and Saudi Arabia so as more easily to overthrow the House of Saud. Most of the Al Qaeda governing board consisted of expatriate Egyptians, part of the al-Zawahiri Egyptian Islamic Jihad, which had merged with Al Qaeda. Yet bin Laden chose Saudi youth as the muscle for the 9/11 operation rather than the numerous Egyptians, Yemenis and other Arab nationalities. In so doing, he was trying to alienate Washington from Riyadh.
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How Many Fighters Does the Islamic State Really Have?
It still isn’t clear precisely how many fighters ISIL has, but its total force is likely to be closer to 100,000 than to 30,000 (although, unlike the martyrdom-seeking fanatics in its ranks, ISIL’s conscripts are more likely to turn tail and run in a tough situation). The low-end estimates are simply too low to be realistic, while the high-end estimates—of which many observers are intuitively skeptical—are far more plausible than they first appear once one attempts to break them down more systematically.
- Middle East Briefing - Pentagon, not CIA, Will Run “Train and Equip” Program for Syrian Opposition
- Defense One - Why Each ISIS Video Is More Horrifying Than the Last
- Washington Post - Jordan says its airstrikes are targeting Islamic State leadership
- McClatchy - How does Islamic State justify its atrocities in name of Islam?
- Washington Post - U.S.-backed Iraqi forces face risky urban warfare in battle against Islamic State
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What Would it Actually Take to Close Guantanamo?
Realistically, if Guantanamo is to be closed before the President leaves office, Congress has to lift the restriction on moving detainees to the United States this year. That’s going to be a hard legislative sell. And it means that the winnowing of the population will have to take place over the next few months. If the Guantanamo population is still above 100 in June or July, forget it; there simply won’t be time for the President to make a serious case to Congress that it should let him move the remaining detainees to facilities in the United States. If, on the other hand, the current momentum continues, and five or six months from now, we have between 80 and 100 detainees left at the facility, then the picture looks different. The President would then need to spend the remainder of the year convincing Congress—probably in this year’s NDAA—to relax the restrictions on bringing detainees to the United States, and if he succeeded in doing so, he would then have his remaining year in office actually to effectuate that judgment.
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Is war between Hezbollah and Israel inevitable?
There has been a dangerous deterioration in Israel’s strategic position because of the open boast by Nasrallah that it is now fighting Israel not only from the Blue Line with Lebanon, but, also, on Syria’s frontline with Israel in the Golan. In other words, Hezbollah’s front with Israel now extends from the Mediterranean all the way to the disputed Golan on the Syrian border. Israel is unlikely to leave a threat like that unanswered. Moreover, Israel never shrinks from retaliation when its soldiers are killed, and especially when one of them is a middle-ranking officer.
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Why Is A Saudi Prince Selling Out Of News Corp?
The Prince hasn’t sold out completely – he still owns about 1% of the company, as well as a separate 6.6% shareholding in 21st Century Fox Inc which in itself is worth about $1.7 billion – but he previously also held 6.6% of News Corp NWSA -0.06%, or a total of 13.184 million class B shares. He’s shed all but two million of them.
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Why Was Tunisia the Only Arab Spring Country That Turned Out Well?
Some factors are structural. Tunisia is a relatively small country without major geographical boundaries, meaning the entire country can be governed fairly easily from the capital. It’s also, as Brown puts it, “ethnically, religiously and linguistically unified.” So it was always less likely to see the sectarian divides and competing power centers that have plagued Yemen and Libya.
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How will new Saudi king handle the economy?
Economists clarified that the custodian of the two holy mosques, King Salman bin Abdul-Aziz, has many economic and industrial files to handle. They underlined the big role he played in supporting the Saudi economy during King Abdullah bin Abdulaziz’s rule. Moreover, they indicated that while he governed the Riyadh emirate and was crown prince, he also led the development process in industrial and commercial sectors. He managed to achieve major accomplishments and build industrial cities that raised the industrial sector’s contribution to the national income.
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Michelle Obama headscarf controversy – do Saudis really care?
And significantly, this "backlash" was dwarfed by another tag related to the US President's visit to the kingdom. "King Salman leaves Obama to pray" attracted more than 170,000 messages. Saudis used this slogan to show their warm admiration for new King Salman leaving during the Obamas' visit to pray, as shown in a news report that was widely viewed on YouTube. "This is the man who left the leader of the most important country in the world to pray," a Saudi tweeted.
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Audio: What Will New King Mean For Women In Saudi Arabia?
Melissa Block speaks with Rajaa Al Sanea, a dentist and Saudi writer best known for her novel, Girls of Riyadh. She talks about how women's rights changed and expectations for the new king.
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