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Al-Falih Signals ‘Wait and See’ Approach to Trump’s Harsher Iran Oil Sanctions
- April 23,2019
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- SUSTG Team
The recent decision by President Trump to end all Iran sanction waivers by May was welcomed in Saudi Arabia, but the Kingdom indicated it would respond cautiously with decisions on oil production. “President Donald J. Trump has decided not to reissue Significant Reduction Exceptions (SREs) when they expire in early May,” a White House readout […]
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Saudi Aramco to Acquire Stake in South Korean Hyundai Oilbank for $1.2 billion
- April 15,2019
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- SUSTG Team
Saudi Aramco says it has reached an agreement to acquire a $1.25 billion stake in South Korean refiner Hyundai Oilbank that would provide it with “a dedicated outlet for its crude to South Korea.” The deal was struck between Aramco and Hyundai Heavy Industries Holdings for Saudi Aramco’s subsidiary, Aramco Overseas Company B.V (AOC), to […]
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Trump, Crown Prince Mohammed bin Salman Speak by Phone, White House Says
- April 10,2019
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- SUSTG Team
U.S. President Donald Trump spoke with Saudi Arabia’s Crown Prince Mohammed bin Salman by phone on Tuesday, discussing Riyadh’s role in Middle East stability, maintaining pressure on Iran other issues, according to reports. “President Trump and the Crown Prince discussed regional developments and opportunities to further enhance the American-Saudi partnership on a range of security and economic […]
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King Salman Makes Day Trip to Bahrain, Meets with Bahraini King Hamad Al-Khalifa
- April 3,2019
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- SUSTG Team
Saudi Arabia’s King Salman arrived in Bahrain on Wednesday to discuss bilateral relations and regional developments, according to reports. The visit is the second foreign trip in as many weeks for King Salman, having visited Tunisia for an Arab League summit at the end of March. King Salman was welcomed to the country by the King of Bahrain, […]
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Energy Secretary Rick Perry Confirms KSA One of 16 Countries Approved for Unclassified Civil Nuclear Technology
- March 29,2019
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- SUSTG Team
The Trump administration has approved seven applications for U.S. companies to sell nuclear power technology and assistance to Saudi Arabia, but did not reveal the particular companies or specifics of those authorizations, the Energy Department said Thursday. Energy Secretary Rick Perry told the Senate Armed Services Committee that the seven applications approved were among 37 […]
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Saudi Tourism Officials Eye $20b Investment for Al-Ula, with Roadshow Planned for This Year – Report
- March 21,2019
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- SUSTG Team
A recent report in Reuters revealed Saudi Arabia’s big ambitions for Al-Ula, in the northwestern corner of the kingdom that was a key site for an ancient civilization and is near to the future planned city NEOM. Saudi Arabia is targeting up to $20 billion of investments through 2035 for a planned landmark tourism destination and will hold a global investor […]
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Saudi Top Buyer of Military Arms as Flow Increases to Middle East
- March 13,2019
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- SUSTG Team
Saudi Arabia became the world’s largest arms importer between 2014–18, with an increase of 192 per cent compared with 2009–13, according to a new annual report published by the Stockholm International Peace Research Institute (SIPRI). The report also noted that U.S. and other Western weapons sales “are in high demand” in the Middle East, edging out Russia and […]
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Saudi Society Debates Keeping Shops Open during Prayer Times ahead of Shoura Consideration
- March 4,2019
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- SUSTG Team
A debate is raging on social media in Saudi Arabia about whether the Kingdom should continue to require by law the closing down of all shops, malls, restaurants, gas stations, and even hospitals during the call for adhan (Islamic prayer) and throughout prayer time, according to media reports. According to Gulf News, Yahya Al Samaan, assistant president of […]
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Crown Prince Mohammed bin Salman Meets with Xi Jinping in Beijing, Tours Great Wall
- February 22,2019
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- SUSTG Team
Saudi Arabia’s Crown Prince Mohammed bin Salman continued his tour of Asian nations with a second day in China, where he met with Chinese President Xi Jinping and the two countries inked over $28 billion in deals, according to reports. In his meeting with President Xi Jinping, the Chinese leader urged joint efforts to counter extremism and […]
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Jadwa Investment Forecasts ‘Continued Improvement in the Health and Direction of the Saudi Economy’
- February 15,2019
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- SUSTG Team
In a research report on the year ahead for the Saudi economy, Jadwa Investment said 2019 will be “marked by a continued improvement in the health and direction of the Saudi economy.” “During 2019, we expect to see a consolidation of efforts in striving towards the goals of the Vision 2030, as well as the targets […]
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MUST-READS
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Renewable EnergyFocusing on CSP, Saudi Arabia to Add 41 GW Solar Power by 2032
According to a recently published report from TechSci Research, a “phenomenal” rate of growth is anticipated, especially between 2015–2020. With a plan for adding 54 GW of power generation capacity from renewable sources, 41 GW of solar power will contribute to the mix of renewables in the Kingdom of Saudi Arabia by 2032.
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Iranian Maritime PolicyIran uses maritime confrontations to project power in Gulf
"Iran's recent measures in the Strait of Hormuz have one clear message to Saudi Arabia. No one can ignore Iran's key role," said an Iranian official, who asked not to be named due to the sensitivity of the issue. "Whether reformist or hardliner, Iranian leaders have consensus on securing Iran's influence in the region," said the official.
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U.S. - GCC SummitObama: We are prepared to use all elements of our power to secure our interests in the Middle East
When he receives leaders and officials from the Gulf Cooperation Council (GCC) at the White House on Wednesday and at Camp David on Thursday, US President Barack Obama will be keen to solidify his country’s historic alliance with the Gulf while pressing for a nuclear deal with Iran. Having issued the invitation for the summit in the immediate aftermath of the framework agreement with Iran last April, Obama must now deal with concerns from the Arab world that Tehran’s leaders will take advantage of any nuclear deal to further extend Iran’s reach in the region.
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Yemen‘Yemen has a lot of bad actors’: Iran and Saudi Arabia face lesson on limits of power
For Riyadh and Tehran, the painfully complex conflict may become a teachable moment about the limits of power.
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ISIS LeadershipHas ISIS Lost Its Head? Power Struggle Erupts with Al-Baghdadi Seriously Wounded
He is said to be mentally alert and able to issue orders, but his physical injuries are now prompting the so-called Islamic State’s governing Shura Council to make a final decision on a temporary stand-in leader who can move back and forth between front-lines in Syria and Iraq and is able to handle day-to-day leadership in the self-declared caliphate.
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WomenPowerful domestic abuse ad changed woman’s rights forever in Saudi Arabia
The first domestic abuse ad ever to run in Saudi Arabia was a watershed moment for woman's rights in a country with a history of gender inequality.
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SyriaAssad’s hold on power looks shakier than ever as rebels advance in Syria
A surge of rebel gains in Syria is overturning long-held assumptions about the durability of President Bashar al-Assad’s regime, which now appears in greater peril than at any time in the past three years. The revival of rebel fortunes is attributed to a large degree to the recent rapprochement between a newly assertive Saudi Arabia and its erstwhile rivals for influence over the rebels — Turkey and Qatar.
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Saudi SolarSaudi Arabia Solar Power Market to Exhibit Robust Growth Through 2020
Increasing government focus on Renewable Energy Program coupled with rising power demand to drive Saudi Arabia's solar power market
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Sarah AttarFrom Boston to Saudi Arabia, Sarah Attar sends powerful message
While visiting family in Jeddah, Attar spoke at the girls’ school her cousins attend. She asked an auditorium packed with 700 students ages 13 to 18, “Who hopes to compete in the Olympics someday?” Every girl raised her hand. Later, the girls asked for Attar’s autograph. She couldn’t believe the enthusiasm for sports at the school, the legacy of her Olympic run long after London headlines faded. Again, sometimes signs of progress appear in unexpected places.
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Anti-ISIS Campaign: Social MediaApps Against ISIS: Incubator Sees Power in Social Media
“I think a big reason young Muslims are vulnerable [to recruitment],” Amanullah says, “is because no one is defining their identity for them.… On one side you have ISIS using these simple, slick messages and on the other side you have clerics who stare into the camera and drone on for an hour. And one clearly resonates with young people and one clearly doesn’t.”
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