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Recent stories from sustg
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Aramco Commences Operations at Arabian Rig Manufacturing: Saudi Aramco’s JV to Manufacture Drilling Rigs in Kingdom for First Time
- October 12,2022
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- SUSTG Team
Saudi Aramco has launched Arabian Rig Manufacturing (ARM), a joint venture firm with American entity NOV, to manufacture drilling rigs and related equipment for the first time in Saudi Arabia.
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US’ Advent Technologies signs MoU with Saudi-based Hydrogen Systems; Saudi Wants Green Hydrogen Commitment from EU
- September 16,2022
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- SUSTG Team
US-headquartered Advent Technologies has signed a Memorandum of Understanding with Riyadh-based Hydrogen Systems “to provide integrated hydrogen solutions and value-added support to industrial and renewable energy markets in the Middle East,” Zawya reports.
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Ministry of Industry and Mineral Resources Awards License for Khnaighuiyah Mining Site
- September 8,2022
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- SUSTG Team
Saudi Arabia’s Ministry of Industry and Mineral Resources said on Wednesday that it had awarded a license to mine at the Kingdom’s prized Khnaighuiyah mining site, where zinc and copper deposits are estimated around 26 million tons, Reuters reports.
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Monsha’at Report — Number of SMEs in Saudi Arabia Grows 25.6% in 1H 2022
- August 29,2022
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- SUSTG Team
Saudi Arabia’s General Authority for Small and Medium Enterprises (Monsha’at) said the number of registered SMEs in Saudi Arabia hit 892,063 in the first half of this year, registering a 25.6 percent increase from the fourth quarter of 2021.
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Saudi Arabia’s Non-Oil Exports Surge by 31% in Q2 to $23 Billion
- August 25,2022
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- SUSTG Team
Saudi Arabia’s non-oil exports surged by 31 percent in the second quarter to SR86.2 billion ($22.9 billion) from SR65.8 billion in the same period last year, the General Authority for Statistics, also known as GASTAT, said in a report.
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C3 US-Arab Healthcare and Business Summit Set for September 19th, 2022 at Union League Club in New York City
- August 22,2022
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- SUSTG Team
The C3 US-Arab Healthcare and Business Summit, a leading conference in the sector now in its 11th Annual edition, is set to take place September 19th, 2022 at the Union League Club in New York City.
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IMF: Saudi Economy Likely to be One of the Fastest Growing in the World in 2022
- August 17,2022
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- SUSTG Team
The International Monetary Fund (IMF) on Wednesday maintained its economic growth forecast for Saudi Arabia at 7.6% this year, bucking the global trend toward recession and likely placing it among the top growing economies in the world in 2022.
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U.S. Yemen Envoy Tim Lenderking Heads to Saudi Arabia, Jordan to Push Yemen Peace Talks
- July 25,2022
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- SUSTG Team
The U.S. special envoy for Yemen, Tim Lenderking, is headed to Saudi Arabia and Jordan on Monday to continue Washington’s diplomatic efforts to back a United Nation’s mediated truce in Yemen, Reuters reports, citing the U.S. State Department said.
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Oil Continues Drop on Global Indices as Recession, Demand Destruction Fears Weigh on Prices
- July 6,2022
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- SUSTG Team
Oil plummeted about 9% on Tuesday in the biggest daily drop since March, and failed to regain ground on Wednesday, as growing fears of a global recession and lockdowns in China that could slash demand weighed on prices.
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Saudi-led OPEC+ Group Sticks to Oil Output Policy, Delaying Debate before Biden’s Visit to Kingdom
- June 30,2022
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- SUSTG Team
The Saudi-led OPEC+ group of oil producers, which includes Russia, said on Thursday it would stick to its planned oil output hikes in August, pushing off a debate on policy from September onwards as prices have risen on tight global supplies and worries that the group has little ability to pump more crude, Reuters reports.
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MUST-READS
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Munich Security ConferenceIran accused of undermining Middle East security
Saudi Arabia has demanded at the Munich security conference that Iran be punished, saying that the country was propping up the Syrian government, developing ballistic missiles and funding separatists in Yemen.
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National Security AdvisorHarward says no to national security adviser role
Ret. Vice Adm. Bob Harward turned down President Donald Trump's offer to be national security adviser Thursday, depriving the administration of a top candidate for a critical foreign policy post days after Trump fired Michael Flynn.
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National Security AdvisorTrump’s choice for national security adviser had early exposure to Iran
During his teenage years, Harward lived in an Iranian neighborhood, attended school with Iranian-American students and played sports against Iranian teams. Those experiences gave him an unusual familiarity with Iran's culture and people in the years before the 1979 Islamic revolution that ousted the pro-American Shah.
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Grand Mosque IncidentMan tried to set himself ablaze, not Kaaba, security forces say
The man, identified by the security forces as a Saudi national in his 40s, was dousing himself in gasoline when he was caught, Major Sameh Al Salmi, the spokesman for the forces said.
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AQAPIn deadly Yemen raid, a lesson for Trump’s national security team
The operation, the first U.S.-led ground raid in Yemen since 2014, comes as the United States tries to rebuild a counterterrorism mission that has been severely curtailed since 2015.
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U.S.-Saudi RelationsUS Defense Secretary talks security with Saudi Deputy Crown Prince
A statement from the Saudi Press Agency read that the Deputy Crown Prince, who also serves as minister of defense, “underscored the US Secretary of Defense’s experience in the region and looked forward to working together to serve the interests of both countries and the fight against terrorism, militias and piracy and that it is necessary to restore stability to the region’s countries and develop relations between the two countries in all fields, based on the directives of the Saudi king.”
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NSCWhat Trump’s Reshuffling of the National Security Council Means
A former Bush and Obama NSC staffer says changes to the Council's top committee suggest Trump may exclude it from his decision-making entirely.
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National Security CouncilWhite House backs strategist at national security meetings
Trump took steps Saturday to begin restructuring the White House National Security Council, adding the senior adviser to the principals committee, which includes the secretaries of state and defense.
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CybersecurityCybersecurity in the Gulf: The Middle East’s Virtual Frontline
Much like other regions, the Gulf is finding it difficult to sufficiently create criminal deterrence due to segmented laws and difficulties in attribution.
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Donald Trump PresidencyDonald Trump’s international business ventures face increased global terror risk, security experts warn
Businesses around the world bearing US President Donald Trump's name face an increased risk now that he is in the White House, security experts warn, especially as several are in areas previously targeted by violence.
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