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Deputy Crown Prince Mohammed bin Salman Meets with Defense, U.S. Chamber of Commerce Officials
- June 17,2016
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- SUSTG Team
U.S. Defense Secretary Ash Carter hosted an enhanced honor cordon yesterday to welcome Deputy Crown Prince Mohammed bin Salman, Saudi Arabia’s defense minister, at the Pentagon in Washington, D.C. The two leaders and other defense officials from both the U.S. and Saudi Arabia met “for a series of constructive meetings and briefings,” the Pentagon said in […]
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Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman Receives Praise on Capitol Hill in Washington for Ambitious Economic Reforms
- June 16,2016
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- Lucien Zeigler
Deputy Crown Prince Mohammed bin Salman visited congressional leaders in Washington on Wednesday to discuss diplomatic and regional issues and talk about Saudi Arabia’s new economic reforms. Prince Mohammed met with Sen. Tom Cotton (R-Arkansas) along with the Senate Armed Services Committee, including Sen. John McCain (R-Arizona) and Sen. Lindsey Graham (R-South Carolina) as well as […]
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Deputy Crown Prince Mohammed bin Salman Arrives in Washington, Photographed for the First Time Wearing Western Business Suit
- June 14,2016
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- Lucien Zeigler
Deputy Crown Prince Mohammed bin Salman arrived in Washington, D.C. on Monday and met with Secretary of State John Kerry in Georgetown for an informal dinner. Prince Mohammed’s arrival marks the first time he has been photographed or filmed wearing western clothing. The prince typically wears traditional Saudi clothing both at home in the Kingdom and […]
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Saudi’s New Minister of Commerce and Investment Dr. Majed Al-Qasabi to Meet with Business Leaders at U.S. Chamber of Commerce Today
- June 14,2016
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- Lucien Zeigler
Saudi Arabia’s New Minister of Commerce and Investment, Dr. Majed bin Abdullah Al-Qasabi, will meet with business and private sector leaders today at the U.S. Chamber of Commerce in Washington, D.C. The private roundtable discussion is part of the U.S.-Saudi CEO Summit initiative which is a partnership between the U.S. Chamber of Commerce and the […]
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Dispute Between U.N.’s Ban Ki Moon, Saudi Arabia Spills into the Public
- June 10,2016
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- SUSTG Team
UN chief Ban Ki-moon said in public comments on Thursday that Saudi Arabia had exerted “unacceptable” pressure on the world body after a U.N. report blacklisted a Saudi-led military coalition for killing children in Yemen, according to reports. Moon said financing for humanitarian operations in the Palestinian territories, South Sudan and Syria would be compromised if […]
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Saudi Arabia Scales Back Renewable Energy Targets, Eyes Natural Gas to Fuel Economy
- June 9,2016
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- Lucien Zeigler
Saudi Arabia is seeking to scale back previous plans to develop large-scale renewable energy resources and is instead opting to rely more heavily on natural gas to meet demand, according to Bloomberg’s Anthony DiPaola and other reports. “We know that Saudi Arabia has been looking for natural gas supplies for a number of years now,” […]
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As Vision 2030 Details are Rolled Out, International Banks and Others Look for Opportunities
- June 8,2016
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- Lucien Zeigler
International banks are jockeying for a role in Saudi Arabia’s plans to list part of state-owned Saudi Aramco for an Initial Public Offering (IPO), according to a report in Reuters. Financiers around the world are keen to cash in on a cornerstone of the recently-announced “Vision 2030” economic and social plan, with banks preparing for […]
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Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman to Visit Washington Mid-June
- June 6,2016
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- SUSTG Team
Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman will visit Washington, D.C. and other cities in the U.S. in June, as the influential Saudi official plans to discuss both foreign policy and economics, according to sources cited by several news outlets. Because Prince Mohammed is both Minister of Defense and President of the key Council […]
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Uber Scores the Largest Single Investment Ever Made in a Private Company from Saudi Arabia’s Public Investment Fund; Snags $3.5b
- June 2,2016
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- SUSTG Team
In what is being called the largest single cash investment ever made into a private company, Saudi Arabia’s Public Investment Fund (PIF) has invested $3.5 billion for 5% of the on-demand car service Uber. The investment is the first of likely many more investments into technology as Saudi Arabia looks to act on its ‘Vision 2030’ […]
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Saudi, Iran Row Over 2016 Hajj Heats Up
- May 31,2016
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- SUSTG Team
Iran says it will not allow its pilgrims to attend the Hajj this year following weeks of talks with Saudi Arabia, according to reports. According to Saudi Arabia’s Foreign Minister, Adel Al-Jubeir, Saudi Arabia would not acquiesce to “unacceptable” demands. Al-Jubeir commented that, “Iran refused to sign the memorandum and was practically demanding the right to hold […]
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MUST-READS
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Qatar DisputeQatar Feud Over Terrorism and Islam Confounds U.S.
Persian Gulf neighbors are estranged over how to confront Islamic radicalism. Resolution would strike a blow for moderation.
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Iran Nuclear AgreementFor now, U.S. wants Europeans just to commit to improve Iran deal
The United States has sketched out a path under which three key European allies would simply commit to try to improve the Iran nuclear deal over time in return for U.S. President Donald Trump keeping the pact alive by renewing U.S. sanctions relief in May.
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QatarSaudi foreign minister rejects Qatari proposal of EU-style security pact
“We already have a structure in place,” said al-Jubeir in Vienna on the sidelines of a meeting with his Austrian counterpart, referring to the Gulf Cooperation Council (GCC), the Gulf states’ 36-year-old political and trading bloc.
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Iran Nuclear AgreementEU could impose blocking regulations if U.S. pulls out of Iran deal
The European Union could put in place regulations to protect its firms doing business in Iran if the United States withdraws from the 2015 nuclear deal and restores extraterritorial sanctions, a senior EU official said on Thursday.
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TurkeyEU leaders to host Turkey’s Erdogan, the estranged uncle they can’t shut out
European Union leaders are so discomfited by their relationship with Turkey these days that they relegated their summit next month to Varna, a Bulgarian Black Sea port, rather than hold it in Brussels.
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Iran in the RegionOut in the cold: Iran faces anger of US, Europe, Saudi Arabia
Iran came under sustained diplomatic attack on three fronts on Monday over its destabilizing activities in the region, its ballistic missile program and the “ill-conceived” nuclear deal with world powers.
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ME PeaceThe EU’s new role in the Middle East?
Could the EU become an honest broker for stalled Middle East peace talks now that America has lost the trust of the Palestinians?
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Natural GasAsia, Middle East to drive gas demand growth, says Crescent Petroleum CEO
Natural gas is still showing strong signs of becoming the world’s second most important source of energy over the next decade, according to Majid Jafar, CEO, Crescent Petroleum, the Middle East’s oldest private oil and gas company.
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Iran Nuclear AgreementEU to meet Iran to back nuclear deal in message to Trump
European powers will reaffirm on Thursday their support for the Iran nuclear deal that Donald Trump has rejected, EU diplomats said, on the eve of a deadline for the U.S. president to decide whether to reimpose oil sanctions lifted under the agreement.
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Global Energy MarketsMiddle East soaks up European gasoline
Gasoline exports from Europe to the Middle East have surged in recent months to record highs as traders seek to fill a gap due to particularly heavy refinery maintenance in the region in the coming months, according to shipping data and trading sources.
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