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Peace Agreements, Reports of Talks a Positive Sign for Yemen’s Ongoing War
- November 13,2019
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- SUSTG Team
Recent agreements and reports of indirect talks between warring sides in Yemen’s ongoing civil war indicate a trend toward bringing an end to the four year old conflict fought to restore the U.N.-recognized Hadi government to power after it was overthrown by Iran-backed Houthi rebels. Last week, Yemen’s Saudi-backed government signed an agreement with southern separatists on […]
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Saudi Aramco Releases Details of November 17th IPO in Prospectus
- November 11,2019
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- SUSTG Team
Saudi Aramco on Saturday released details of its IPO that will be the first opportunity for investors to own a piece of the world’s most profitable company and achieve one of the key goals of the Kingdom’s Vision 2030 economic reform plan. The details were released in a prospectus on Saudi Aramco’s website. The company said the […]
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Politico Features Princess Reema Bint Bandar: ‘The Woman Trying to Mend U.S. Relations With Saudi Arabia’
- October 31,2019
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- SUSTG Team
Politico magazine published a feature-length, in-depth profile and interview with Saudi Arabia’s recently appointed ambassador to Washington, Princess Reema Bint Bandar Al Saud. In her first interview since arriving in Washington, the ambassador says she “was well aware that neither her résumé nor her history of advocacy on behalf of women will easily change the […]
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Saudi Arabia Opens Up to Foreign Universities, Will Allow Branch Campuses in the Kingdom
- October 30,2019
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- SUSTG Team
Universities around the world can now open branch campuses in the Kingdom, the Saudi Cabinet said on Tuesday, in a move that will “achieve a qualitative leap in … empowerment, excellence and quality,” Education Minister Dr. Hamad Al-Sheikh said. “The new system will allow foreign universities to open branches in accordance to specific regulations to boost […]
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Uproar, Confusion, Debate over Tobacco Tax in Saudi Arabia
- October 21,2019
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- SUSTG Team
Saudi Arabia’s decision to impose a 100 percent tax on restaurants that serve tobacco products like shisha has ignited criticism on social media and caused confusion among restaurant owners on how to charge the tax, according to a report in France 24/AFP and accounts on Twitter. The situation has also revealed how Saudis express feedback about new […]
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Saudi Arabia introduces measures to ‘facilitate the entry of foreign issuers to the Saudi stock market’
- October 7,2019
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- SUSTG Team
Saudi Arabia has introduced measures to facilitate the entry of foreign issuers to the Saudi stock market, Reuters reports, in the latest reforms to attract overseas share buyers and issuers as part of its Vision 2030 economic and social reform plans. Saudi Arabia’s Capital Markets Authority (CMA) said on Sunday it had “adopted rules that will […]
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First in-depth archaeological survey at Al-Ula hopes to uncover mysteries of the Nabateans
- October 3,2019
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- SUSTG Team
Archaeologists are planning to carry out the first international, in-depth survey of Al-Ula in Saudi Arabia and the surrounding areas “the size of Belgium” in order to better understand the Nabatean people, the BBC reports.
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Crown Prince Mohammed bin Salman Interviewed for ’60 Minutes’, ‘Frontline’ Fall Premieres
- September 26,2019
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- SUSTG Team
Saudi Arabia’s Crown Prince Mohammad bin Salman gave an interview that will air on the CBS program, 60 Minutes, on September 29, one of two features on the Saudi leader set to appear in the United States this fall. The interview, with Norah O’Donnell, the anchor of the CBS Evening News, will be the Crown […]
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As Officials Gather Evidence in Saudi Oil Attacks, Trump Ratchets Up Sanctions
- September 18,2019
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- SUSTG Team
President Donald Trump on Wednesday said he ordered a major increase in sanctions on Iran, the first response by the U.S. to the attacks on two key oil installations in Saudi Arabia, according to reports. The pronouncement by Trump comes as both U.S. and Saudi officials ready evidence that points the finger at Iran for the […]
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New Saudi Visa Program, Tourism Event Set for Launch on September 27th, Report Says
- September 4,2019
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- SUSTG Team
A new visa scheme is coming to Saudi Arabia on September 27th that will benefit over 50 nations and will be a “game changer” initiative for attracting international tourists, a report in the English-language Saudi daily Arab News. “Although not officially confirmed by the government, industry sources told Arab News an event to showcase Saudi tourist attractions […]
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IranUK, China Experts In Iran To Redesign, ‘Upgrade’ Arak Reactor
British and Chinese nuclear delegations are visiting Iran to discuss the redesigning and upgrading of the country's heavy water reactor in Arak, Central Province, semi-official news agency ISNA reported on Monday, October 14.
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Foreign AidMillions in Foreign Aid to China, Iraq, and More In Jeopardy Under Trump Administration
Congress won’t let Trump gut foreign assistance. So the administration made it harder to disburse funds, leaving aid programs in China, Iraq, and elsewhere in the lurch.
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TechnologySaudi Arabia Is Racing to Become a High-Tech Hub, and China Is Ready to Join In
In contrast to its Gulf Arab neighbors, namely the United Arab Emirates and Bahrain, which have poured substantial political capital into developing local artificial intelligence (AI) and financial technology industries, Saudi Arabia’s own digital transformation lags behind. In part, that is because the feat is more challenging in Saudi Arabia, which contains more residents than the combined populations of all of its fellow Gulf Cooperation Council states and is the largest country by area in the Middle East. Beyond that, it may be slower to move because digital transformation can disrupt long-standing institutions and norms associated with data access and availability, data sovereignty, and labor markets.
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China in the RegionChina Pulls Out of Giant Iranian Gas Project
The exit by Beijing—which had vowed to resist U.S. restrictions on Iran—is a blow to Tehran’s attempts to fight growing economic isolation and comes after Washington brought new sanctions on Chinese companies still trading with Iran.
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China in the RegionCommentary: Why Iran has got China wrong: Beijing will follow its own playbook in countering the US-led West
From China’s perspective, however, this is all reflective of the fact that everyone appears to want to show that Beijing is on their side. In each of these situations, the regional players have all sought to bring China into the conversation and show that Beijing is backing them.
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Saudi-ChinaSaudi Arabia Maintains Position as China’s Largest Oil Supplier in August
China said days after the Sept. 14 attack on Saudi oil facilities that knocked out half the output of the world’s top oil exporter that the nation’s crude reserves, including stocks held at strategic petroleum storage sites and commercial inventories, are sufficient to cover 80 days of imports, just short of a 90-day target.
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Saudi Oil ExportsSaudi retains top spot for China crude imports in Aug; Iran sales plunge
Saudi oil arrivals in August in China, the world’s biggest oil importer, reached 7.79 million tonnes, or 1.83 million barrels per day (bpd), data from the General Administration of Customs showed, compared with 6.99 million tonnes in July and nearly double the 4.134 million tonnes level a year earlier.
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China in the RegionAnalysis: No, China Isn’t Giving Iran $400 Billion
China and Iran signed a comprehensive strategic partnership, the highest level in the hierarchy of Beijing’s partnership diplomacy, in 2016.
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China in the RegionIran reinforces partnership with China for economic relief
But according to news reports, the first investments will take place in the initial five years, with $280 billion being pumped into the Iranian petrochemicals sectors and $120 billion into revamping transportation and manufacturing infrastructure. China is to increase its imports of Iranian oil, which will be available at discounted rates, and it will also help to develop Iran’s Chabahar port.
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China in the RegionCommentary: China’s Great Game in Iran
There is no doubt that Beijing sees Iran as prime real estate in Western Asia.There is no doubt that Beijing sees Iran as prime real estate in Western Asia. It is a country with first-rate natural resources, plenty of human capital, and a hungry and relatively untapped market.
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