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Gallup Poll Finds Palestinians Lack Faith in Biden, Two-State Solution
- October 18,2023
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- SUSTG Team
Hamas’ killing of an estimated 1,400 Israelis — the vast majority being civilians killed in their homes — has been followed by another humanitarian crisis in Gaza. Already, as many as 3,000 Palestinians have been killed in Israeli retaliatory bombing, as a potential Israeli ground invasion appears imminent. Even before the latest chapter in the conflict, Palestinians’ […]
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Watch Saudi Arabia’s Crown Prince Mohammed bin Salman’s Interview with Fox News’ Bret Baier
- September 21,2023
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- SUSTG Team
Saudi Arabia’s Crown Prince Mohammed bin Salman sat down with Fox News journalist Bret Baier for a wide-ranging interview – his first in English with an American television network.
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Saudi car imports spike in 2023
- June 11,2024
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- SUSTG Team
Saudi Arabia’s car imports grew to 93,300 vehicles in 2023, up from 66,900 the previous year. Japan, India, South Korea, US, and Thailand are the leading exporters of cars to Saudi Arabia.
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IMF Launches New Regional Office in Saudi Arabia
- April 25,2024
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- SUSTG Team
The goal of the new office is to strengthen the IMF’s collaboration with governments and institutions in the Middle East including promoting economic stability, growth, and regional integration. It also underscores the growing economic importance of the region.
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The evolution of Saudi Arabia’s public diplomacy with Rayan Alyusufi
- January 15,2024
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- SUSTG Team
The 966 speaks with Rayan Alyusufi, a young Saudi researcher in public diplomacy and international communication to discuss the Kingdom’s public diplomacy, “sharp power,” and evolution of Saudi as an emerging diplomatic player. Rayan is a PHD Candidate at Bournemouth University in the United Kingdom.
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Goldman Sachs Research Report Highlights Saudi Investment to Transform Economy, Says Efforts are Showing Results
- October 19,2023
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- SUSTG Team
Saudi Arabia’s focus on diversifying its economy beyond oil is showing results, according to a recent report from Goldman Sachs Research.
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4th Riyadh Season Unveils New Logo and Theme Ahead of Launch; New Zone Created Called ‘Boulevard Hall’
- September 20,2023
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- SUSTG Team
Saudi Arabia’s General Entertainment Authority (GEA, revealed a new logo and identity for the fourth edition of “Riyadh Season,” set to launch on October 28 under the banner of “BigTime.”
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Aramco Share Sale Attracts Foreign Investors
- June 10,2024
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- SUSTG Team
Aramco’s recent share sale attracted over $65 billion in orders, exceeding expectations with foreign investors estimated to hold around 60% of the shares sold, a significant increase from Aramco’s 2019 IPO.
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Saudi’s Regional Headquarters Program Moves Forward
- April 24,2024
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- SUSTG Team
In February the Zakat, Tax and Customs Authority published guidelines specifying RHQ tax rules. Under the new rules, specific activities qualify for tax incentives. The new RHQ tax rules aim to clarify the scope and conditions of tax relief for RHQ entities, as announced by MISA in December 2023.
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Saudi Arabia Invites Developers for 3.7 GW of Solar Projects
- January 16,2024
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- SUSTG Team
Saudi Arabia is seeking to award four solar projects with a combined capacity of 3.7 GW as part of the fifth round of its National Renewable Energy Program (NREP), with the Saudi Power Procurement Company (SPPC) opening the qualification process for companies interested in the development of the four projects, according to a report in renewablesnow.com.
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MUST-READS
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China’s Increasing Role in the Middle East: Implications for Regional and International Dynamics
Recent diplomatic initiatives by China demonstrate Beijing’s deep investment in continuing to develop relations with countries in the Middle East. In 2022, China held its first China-Arab States Summit and its first China-GCC Summit, showcasing its commitment to fostering strategic partnerships in the region and promoting economic development beyond its traditional energy interests.
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China seeks stronger economic ties with Saudi Arabia beyond crude oil as Middle East seeks ‘ideal partner’
“A secure supply of oil is China’s most critical interest,” said Oliver John, a non-resident scholar at the Washington-based Middle East Institute. “From Aramco’s perspective, China is a critical and growing market … taking over a quarter of Saudi crude exports.” Saudi Arabia was China’s largest crude oil supplier last year, with shipments of 87.5 million metric tonnes (641 million barrels), or 17.2 per cent of national crude imports, customs data showed.
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China in advanced talks for major Saudi, Egypt arms deals
China is currently in talks with Egypt and Saudi Arabia for major arms deals that will see both countries diversify their weapons supply amid increasingly complicated relations with the US. Saudi Arabian Military Industries (SAMI) entered talks with China’s state-owned defence company China North Industries Group Corporation (Norinco) for a massive weapons deal, according to a report in the South China Morning Post. Riyadh seeks to purchase a wide range of China’s top-of-the-range military technology, particularly air defence systems and reconnaissance drones.
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Houthis Sign Deal With China For Oil Exploration In Yemen
The Houthi-led government in Yemen this weekend signed a deal with Chinese officials and a Chinese company that will invest in oil exploration in Yemen. China’s Anton Oilfield Services Group (AntonOil) and a representative of the Chinese government signed on Saturday the memorandum of understanding (MoU) for investment in Yemen’s upstream sector, Middle East Monitor reported, citing a report by the Sanaa-based Saba News agency.
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Commentary: Can US rail plan woo Middle East states away from China’s belt and road?
Reaction to the US infrastructure plan from the media in India - an opponent of China's belt and road vision - was positive, but analysts said the Middle Eastern countries were likely to be wary of a partnership with the US while the project's financing was unclear. The UAE did not release a statement after the Sullivan meeting, while Saudi Arabia's output did not touch on the infrastructure project. Both countries are participants in the belt and road.
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China and Saudi Arabia boycott G20 meeting held by India in Kashmir
India’s presidency of the G20 group of leading nations has become mired in controversy after China and Saudi Arabia boycotted a meeting staged in Kashmir, the first such gathering since India unilaterally brought Kashmir under direct control in August 2019. The meeting, a tourism working group attended by about 60 delegates from most G20 countries taking place from Monday to Wednesday, required a large show of security at Srinagar international airport.
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Can US rail plan woo Middle East states away from China’s belt and road?
Israel did not send a representative to the Saudi Arabia discussions, but could be added to the infrastructure initiative if relations normalise in the region, according to the Axios sources. Riyadh and Tel Aviv do not have diplomatic ties. Chas Freeman, a former US ambassador to Saudi Arabia, described the plan as “a fantasy foreign policy” rather than a serious infrastructure initiative and said its main goal was to “cement Israeli ties with the Gulf Arabs”.
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China, Iran, Saudi Carried Out Most Executions Last Year, Says Amnesty
China and two Middle East countries accounted for the vast majority of known judicial executions last year, according to human rights group Amnesty International. Amnesty did not offer a precise number for China, but said thousands of executions are thought to have been carried out by the government there in 2022. Across the rest of the world, the worst offenders were in the Middle East and North Africa, where the number of executive carried out rose from 520 in 2021 to 825 in 2022.
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China and Saudi Arabia are teaming up on steel decarbonization
Last week, China’s Baosteel—the world’s largest steelmaker—signed a deal with state-owned oil giant Saudi Aramco and Riyadh’s sovereign wealth fund to jointly set up a steelmaking manufacturing base in Saudi Arabia.
The joint venture will be 50% owned by Baosteel, while the two Saudi partners will take 25% each. The plant is expected to produce 1.5 million tons of steel plate per year, according to the companies.
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US Planning More ‘Robots at Sea’ in Middle East Amid Iran, China Tensions
The US, which leads two international maritime coalitions out of Bahrain, wants to have more than 100 unmanned surface vehicles — sometimes called robots at sea — in operation by the end of the summer, Vice Admiral Brad Cooper, who commands the coalitions and the Bahrain-based Fifth Fleet, said in an interview. An initial target of 50 was met in February and the technology delivers a cost-effective and efficient way of deepening US partnerships, he said.
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