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Gulf Rift Ends after 42 Months; Qatari Emir Heads to GCC Summit as Skies, Borders Re-Open
- January 5,2021
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- SUSTG Team
Saudi Arabia and other GCC nations effectively ended their 42 month-long rift with neighboring Qatar on Monday, signaling a new era in Gulf political and economic relations and bringing to a close a long dispute begun in June 2017.
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Trump Administration Approves Nearly $300 Million in Bomb Sales to Saudi Arabia
- December 30,2020
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- SUSTG Team
The Trump Administration’s State Department has approved a possible the sale of nearly $300 million in GBU-39 Small Diameter Bomb I (SDB I) Munitions and related equipment to Saudi Arabia, the latest large U.S.-Saudi security deal to be approved in recent years. The principal contractor will be U.S.-based Boeing, St. Louis, MO.
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Saudi Arabia Unveils 2021 Fiscal Budget with Spending Reductions, Eying Economic Rebound
- December 16,2020
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- SUSTG Team
Saudi Arabia unveiled a new budget for the 2021 year, cutting spending to rein in a fiscal deficit brought on by a lower oil prices in 2020 and adjusting the Kingdom’s fiscal strategy to a post-Coronavirus pandemic era.
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White House Advisor Jared Kushner Heads to Saudi Arabia, Qatar for Diplomatic Talks
- November 30,2020
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- SUSTG Team
White House senior adviser Jared Kushner and a team of outgoing Trump administration officials are heading to Saudi Arabia and Qatar this week in an attempt to secure more diplomatic agreements in the Middle East before the Trump administration leaves office in January, according to reports. The visit by Kushner, President Trump’s son-in-law, comes amid simmering tensions in the […]
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Saudi Arabia Hosts First G20 in Middle East; Leaders Pledge Collective Action on Coronavirus
- November 23,2020
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- SUSTG Team
Leaders of the G20 nations, the world’s largest economies, concluded their two-day virtual summit this weekend hosted by Saudi Arabia offering pledges to cooperate on the Coronavirus pandemic, the global economic recovery, energy and climate change, and women’s empowerment. The nations succeeded in sending a message of “hope and reassurance to their citizens and the global community,” Saudi […]
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Road to the G20: G20 Leader’s Summit Publication Released Ahead of Virtual 2020 Summit
- November 20,2020
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- SUSTG Team
Organizers of the G20 in Riyadh released the summit’s Annual Publication ahead of the G20 leadership summit, beginning tomorrow and taking place virtually due to the Coronavirus pandemic. Saudi Arabia as host has prioritized empowering people, safeguarding the planet and shaping new frontiers as themes for this year’s event, the first G20 to be chaired by a nation […]
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Road to the G20: Saudi Arabia Set to Host Main Leaders’ Summit this Weekend
- November 19,2020
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- SUSTG Team
Saudi Arabia is set to host the G20 Leaders Summit this weekend, the main event involving the heads of the 20 nations chaired virtually by the Kingdom due to the Coronavirus pandemic.
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Saudi Crown Prince Mohammed bin Salman Releases Rare Statement on Economic Reforms, Security
- November 13,2020
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- SUSTG Team
Saudi Arabia’s Crown Prince Mohammed bin Salman released a rare statement on the ongoing economic reforms in Saudi Arabia and took a firm stance against any threats to the Kingdom, as Saudi Arabia battles dual crises in the Coronavirus and lower oil revenue.
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Death Toll Climbs from Beirut Explosion as Saudi, UAE Express Condolences, Solidarity with Lebanese People
- August 5,2020
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- SUSTG Team
The death toll from the massive explosion that rocked Beirut, Lebanon yesterday continues to climb as Saudi Arabia and the UAE pledge solidarity and support to the Lebanese people.
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Saudi Arabia’s King Salman Leaves Hospital, Sends Out Eid Message
- July 31,2020
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- SUSTG Team
Saudi Arabia’s King Salman bin Abdulaziz was released from the hospital after gallbladder surgery, and published an Eid al-Adha greeting to his followers on Twitter, according to reports.
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MUST-READS
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Crypto Market Value Climbs Back Above $2 Trillion Amid (BTC) Bitcoin Rally
Bitcoin hovered around $52,000 after a broad cryptocurrency rally that saw Ether, the second-biggest token, advance back to where it was before the TerraUSD stablecoin collapsed almost two years ago. Bitcoin’s almost 25% year-to-date gain has helped to lift the market capitalization of digital assets above $2 trillion for the first time since April 2022, data from CoinGecko show. Bitcoin and Ether were up more than 2% at one point on Thursday in New York, with the latter changing hands at $2,852 as of 9:59 a.m.
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Inside Johnny Depp’s Epic Bromance With Saudi Crown Prince MBS
Over the past year, Depp has spent more than seven weeks in Saudi Arabia, staying in royal palaces and camps, traversing the country by yacht and helicopter, and even flying to London and back on MBS’s personal 747 for a quick trip to attend the Jeff Beck Memorial Concert at the Royal Albert Hall. In that time, Depp and MBS have become real friends. “They made a genuine connection,” says a friend of Depp’s. “It’s a shock to many of the people who know [Depp], but it’s what happened.” Insiders say Depp is now weighing a seven-figure annual contract to promote Saudi Arabia’s cultural renaissance.
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From robots to gliding bombs, Saudi Arabia showcases growing domestic defence trade
“Even for college now we have new different streams for women, developing their talents and making them ready to work in the military industry,” Khawlah Alshmmari, vice president of human resources at the National Company for Mechanical Systems, told The National. NCMS has a large stand at the expo, showcasing everything from the high-tech weaponry – the unmanned armoured vehicle turret the Moreb 30, which can carry 30mm or 40mm canons that rapidly fire explosive shells – to less advanced but essential items including artillery shells currently in a large global demand.
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Blinken meets MBS in Saudi Arabia as U.S. pushes for post-war deal
During his previous visit to Israel last month, Blinken told Israeli leaders that Saudi Arabia wants to normalize relations with Israel after the Gaza war ends, but it won't agree to any deal if the Israeli government doesn't commit to the principle of a two-state solution.
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Saudi Arabia’s MBS meets with chair, members of US Senate Intelligence Committee
Saudi Crown Prince Mohammed bin Salman discussed the Kingdom’s relations with the United States on Saturday during a meeting with members of the US Senate Select Committee on Intelligence, the Saudi Press Agency reported. MBS welcomed the delegation, which was headed by committee chairman Senator Mark Warner, at the Winter Camp in AlUla, SPA added.
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Saudi Arabia’s MBS meets with chair, members of US Senate Intelligence Committee
Saudi Crown Prince Mohammed bin Salman discussed the Kingdom’s relations with the United States on Saturday during a meeting with members of the US Senate Select Committee on Intelligence, the Saudi Press Agency reported. MBS welcomed the delegation, which was headed by committee chairman Senator Mark Warner, at the Winter Camp in AlUla, SPA added.
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US security official discusses Gaza war with Saudi’s MBS before Israel trip
White House national security adviser, Jake Sullivan, met the crown prince of Saudi Arabia to discuss the war in Gaza and efforts towards creating sustainable peace between Israel and Palestine. Crown Prince Mohammed bin Salman (MBS) hosted Sullivan on Wednesday during his tour of the Middle East to bolster the United States’s influence in the region.
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Iran’s president meets MbS, Sisi for the first time
Ebrahim Raisi has become the first Iranian president to visit Saudi Arabia in over a decade. Raisi traveled to the Kingdom over the weekend to attend a joint Arab-Islamic emergency summit of the Organisation of Islamic Cooperation (OIC). He also seized on the gathering to meet with Crown Prince Mohammed bin Salman Al Saud (MbS) and Egyptian President Abdel Fattah El-Sisi for the first time.
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Commentary: Amid Hamas-Israel War, MBS Holds the Key to Oil Prices
The extra barrels from weak sanctions enforcement translated into a huge windfall for Tehran; the cash can be used without any restrictions. According to my calculations, Iran is making about $1.5 billion a month more at current oil prices than if its output remained capped at the October 2022 level. Over a year, that’s about $18 billion and makes the current debate in Washington about the $6 billion of South Korean money transferred to a bank in Qatar for Iran to buy food and medicines look like a distraction.
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Saudi Arabia’s MBS calls PGA Tour deal ‘game-changer,’ doesn’t care about sportswashing accusations
In an interview with FOX News, Saudi Crown Prince Mohammed bin Salman says he “doesn’t care” about sportswashing accusations regarding his kingdom’s sports investments, which include LIV Golf and a planned partnership with the PGA Tour. “Well if sportswashing is going to increase my GDP by one percent, then I will continue doing sportswashing,” bin Salman said in a clip aired Wednesday on "Special Report with Bret Baier."
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