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U.S. Officials Hold First Direct Meeting with Iran-Backed Houthis in Bid to End War – Report
- March 4,2021
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- SUSTG Team
Senior U.S. officials have held a first direct meeting with officials from the Iran-backed Houthi organization that controls Yemen’s capital, Reuters reports, citing two sources familiar with the matter.
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BofA Revises Upward 2021 Brent Oil Price by $10 a Barrel – Report
- February 23,2021
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- SUSTG Team
Bank of America (BofA) Global Research has hiked its forecast for Brent crude oil prices for this year, citing tighter supplies due to the Texas freeze and OPEC+ output curbs and unmatched global monetary stimulus, Reuters reports, citing a research note from the bank.
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Saudi Research and Marketing Group Hires Two Goldman Bankers as Execs, Looks to Expand
- February 10,2021
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- SUSTG Team
Saudi media powerhouse Saudi Research & Marketing Group (SRMG) hired two bankers from Goldman Sachs Group Inc. in the Gulf in a bid to to bolster its regional and global presence, according to a report in Bloomberg.
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Saudi International Kicks Off with English golfer David Horsey with a Day One Lead
- February 4,2021
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- SUSTG Team
This week’s Saudi International kicked off today at the Royal Greens Golf and Country Club in King Abdullah Economic City, Saudi Arabia, playing host to an impressive field of star Tour pros.
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Future Investment Initiative Conference Opens with Impressive Virtual Platform for Distance Participation, Audience
- January 27,2021
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- SUSTG Team
Saudi Arabia’s annual flagship investment conference, the Future Investment Initiative, began today with both in-person and remote participation from speakers and audience on an impressive digital platform built to expand engagement in the conference around the world.
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Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan Voices Optimism with U.S.-Saudi Relations under Biden Administration
- January 22,2021
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- SUSTG Team
Saudi Arabia’s foreign minister has voiced optimism that relations between Riyadh and Washington will be “excellent” under new U.S. President Joe Biden, Al-Arabiya TV channel cited him as saying on Thursday. Appointments made by Biden show “understanding of the common issues” by the new U.S. administration, Prince Faisal bin Farhan added.
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Saudi Arabia’s Crown Prince Says Kingdom Offering $6 Trillion in Investment Opportunities Over Next Decade
- January 14,2021
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- SUSTG Team
Saudi Arabia’s Crown Prince Mohammed bin Salman said the Kingdom offers investment opportunities worth $6 trillion over the next decade, with new projects representing half of this value, he said in a speech at the World Economic Forum on Wednesday.
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After Summit Agreement, Saudi Arabia’s Crown Prince Extends Saudi Hospitality to Visiting Qatari Emir
- January 6,2021
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- SUSTG Team
This week, Saudi Arabia and other GCC nations buried the hatchet with neighboring Qatar after a diplomatic standoff that lasted over three years. The two sides, working toward a fresh start in recent weeks, finalized the end of the feud at Tuesday’s 42nd GCC Summit in Saudi Arabia, reuniting to once again reinvigorate trade between […]
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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 Joins Dozens of Nations in Blocking International Travel as Mutant Coronavirus Strain Alarms Authorities
- December 21,2020
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- SUSTG Team
Saudi Arabia suspended late on Sunday all international commercial flights for a renewable week except for the foreign flights already in the kingdom which will be allowed to leave, according to reports. The variant, detected in England, is up to 70 percent more transmissible than earlier versions, officials said. People in southeast England, where the […]
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SecuritySaudi cabinet urges world powers to safeguard navigation
Saudi Arabia’s cabinet urged the international community on Tuesday to take firm measures to ensure the safety of navigation in waterways across the region, the state news agency said, a week after two tankers were attacked in the Gulf of Oman.
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Cyber WarfareU.S. Escalates Online Attacks on Russia’s Power Grid
Advocates of the more aggressive strategy said it was long overdue, after years of public warnings from the Department of Homeland Security and the F.B.I. that Russia has inserted malware that could sabotage American power plants, oil and gas pipelines, or water supplies in any future conflict with the United States.
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Renewable EnergyRenewable energy in the Middle East: CEO of Acwa Power offers his views
Established in 2004 from a joint venture of Saudi Arabia’s Abunayyan Trading, Abdulkadir al-Muhaidib & Sons and the Mada Group to explore investments in Saudi Arabia’s power and desalinated water sector, Acwa Power is one of the region’s biggest private developer of power generation and water production, and a leading investor in renewable energy.
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SyriaCommentary: US ‘maximum pressure’ on Iran is empowering Russia in Syria
With Iran being unable to send oil and money as it used to do, the Syrian regime is left with two options: either to wage war on areas controlled by US-backed Kurdish militias to recover the oil wells in the eastern part of the country, or to ask Russia for help.
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HousingSaudi Arabia’s Ambitious Housing Goals Needs Empowered Women
But away from the headlines and photo-ops, Saudi women are also being empowered by gender-neutral policy changes. One example: the government’s aim to increase home ownership among citizens to 70% by 2030.
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Housing and Real EstateSaudi Arabia’s Ambitious Housing Goals Needs Empowered Women
The key to meeting the kingdom’s target of 70% home ownership by 2030 lies in more women getting jobs – and mortgages.
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TurkeyHow Turkey Defied the U.S. and Became a Killer Drone Power
Their country had entered the second drone age — in which the use of drones to kill people has proliferated far beyond the United States, the first country to kill people with missiles launched from drones after 9/11.
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Gas and SolarUnconventionals Turn to Solar Power for Remote Wells in Kingdom’s North
So when wells were found to have good promise but were further away than anticipated, the team opted to hook up the wells using an off-grid hybrid photovoltaic solar power system to power the remote gas wells in the Jalamid Field in the Al-Jouf area of Northern Border Regions in Saudi Arabia.
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GoogleGoogle launches AI-powered virtual assistant for Saudi Arabia
The technology giant’s app has been specially adapted to understand all Saudi dialects and respond in standard Arabic.
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Power GenerationSaudi Arabia has significantly reduced the amount of crude oil used for power generation
Power plants in Saudi Arabia burned an average 0.4 million barrels per day (b/d) of crude oil in 2018 directly for power generation, the lowest amount since at least 2009, the earliest year that data are available from the Joint Organizations Data Initiative (
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