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Recent stories from sustg
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Saudi Crown Prince, Ambassador Reema meet with U.S. Congress Members in Saudi Arabia; Biden Officials in Kingdom to Plan Potential Visit
Saudi Arabia’s Crown Prince Mohammed bin Salman and Saudi Ambassador to the United States Princess Reema bint Bandar Al-Saud met with a delegation of visiting US Congress members on Tuesday in Saudi Arabia.
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MBZ takes the reins in the UAE, the PIF’s Saudi Coffee Co., and much more…
Episode 44 📈 The hosts talk about the UAE’s long-time de facto ruler Sheikh Mohamed bin Zayed Al Nahyan, who was elected as president of the UAE a day after the death of former leader Sheikh Khalifa. They also discuss Saudi Arabia’s Public Investment Fund’s (PIF) new venture into the nascent coffee sector in caffeine-thirsty […]
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With Energy Prices High, Saudi Aramco Again Becomes World’s Most Valuable Company
Elevated energy prices as a result of growing demand and supply shortages in the post-pandemic global economy boosted the value of Saudi Aramco to become the world’s most valuable company, according to reports.
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Kingdom Aims for 70 Million Tourist Visits This Year; Visits Soar in 1Q 2022
Visits to Saudi Arabia soared in the first quarter of this year as the Kingdom eyes ambitious growth in the previously nascent sector, targeting over 70 million tourist visits this year, Saudi Tourism Authority CEO Fahd Hamidaddin told Reuters in an interview.
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Eid Mubarak the SUSTG Team
The Saudi-US Trade Group (SUSTG) wishes all followers of Islam a blessed and joyous Eid-al-Fitr!
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Energy, hydrogen, and more with Phillip Cornell from The Economist Impact and the Atlantic Council and much more…
In Episode 34, The hosts welcome Phillip Cornell, senior fellow, Global Energy Center at the Atlantic Council, and Principal for Energy and Sustainability at the Economist Impact, and brings over 15 years of international experience in private and public sectors (World Bank, IEA, Aramco, NATO, Dow Jones) onto The 966 to talk about the global […]
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Ramadan 2022 Set to Begin with Crescent Moon Sighting in Saudi Arabia April 1-2
Ramadan 2022 is set to begin in Saudi Arabia upon the sighting of the crescent moon as soon as April 1, with authorities urging Saudis to keep a look out for the moon starting Friday night.
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The major transformation and overhaul of Saudi Arabia’s military with defense expert Bilal Saab and much more – The 966 Episode 32
Episode 32 of The 966 – the hosts welcome defense and security expert Bilal Saab to discuss the little-known but historically significant transformations underway in Saudi Arabia’s military and security institutions. The hosts also talk about the personal status law that will make a major real-life change for women and families in the Kingdom, a […]
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Saudi Arabia Invites China’s President Xi to Visit Kingdom
Saudi Arabia has invited Chinese President Xi Jinping to visit Riyadh as the Kingdom, people familiar with the plan told the Wall Street Journal. The visit could be President Xi’s first international trip since the beginning of the Covid-19 pandemic began.
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Secretary of State Blinken, Saudi FM Prince Faisal bin Farhan on Russia Invasion of Ukraine
Secretary of State Antony J. Blinken spoke on Wednesday with his counterpart in Saudi Arabia, Foreign Minister Prince Faisal bin Farhan Al Saud, about the Russian invasion of Ukraine, the State department said in a brief statement.
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MUST-READS
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Qatar’s Next Gambit After World Cup? Convincing Expats to Stay
Qatar has set out to create a more permanent worker population with sweeping labor reforms introduced this week as it winds down a building frenzy for the 2022 soccer World Cup. Achieving that goal would mark a fundamental shift in the economics of the world’s biggest exporter of liquefied natural gas. Foreign workers account for 95% of Qatar’s workforce and about 90% of its population.
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Engaging the Houthis in Yemen: A Repeat of China’s Afghanistan Mediation Strategy?
This commentary provides an overview of China’s engagement with the Houthi movement over the past few years. It compares Beijing’s relationship with the Houthis to that of another armed non-state actor, the Taliban, with an eye towards identifying the trajectory this engagement might take. The commentary also considers how this relationship, in addition to the developments taking place in Sino-Saudi relations, are shaping Chinese mediation efforts in Yemen since 2015.
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Opinion: What is/are the Truth/s Behind the Beirut Explosions?
So how is it possible to bring some degree of clarity to the investigation process and findings? First of all, the need for an independent international investigation must be insisted on by the international community in its discussions with the caretaker government and the president. This can be tied to the incremental provision of direct assistance to NGOs for reconstruction of housing for the neighborhoods. The more cooperation means more funding…to the NGOs and communities.
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After the UAE, Who Will and Won’t Be Next to Normalize With Israel?
A number of Arab countries have been developing their views on a relationship with Israel to the point that additional normalization initiatives become readily imaginable.
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Is This Time Different? The Gulf’s Early Economic Policy Response to the Crises of 2020
These extraordinary and acute shocks to Gulf economies drove regional governments to implement wide-ranging policy responses. The resulting – and indeed ongoing – measures fall into five broad categories: expansive economic support packages, reassessing social safety nets and state benefits, budget cuts and spending reallocation, raising new revenue domestically, and tapping debt markets.
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What is Joe Biden’s Israel policy?
President Trump is already bringing Israel into his reelection campaign. On the trail Monday, he touted his administration’s controversial move to recognize Jerusalem as the Israeli capital as a victory for U.S. evangelical Christians, for whom Israeli dominance over the Holy Land is a matter of divine providence.
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Saudi Aramco: Time To Invest In One Of The World’s Largest Companies?
Saudi Aramco had held the highest net income, dividends, and total shareholder returns among major oil companies since its IPO. The company had an aggregate of $37.5 billion in dividends across 1Q and 2Q - roughly 2%. It remains committed to its annual goal of $75 billion in dividends in the year or a roughly 4% yield.
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Video: Fancy a date? This festival in Saudi Arabia has 700,000 tons
Auctioneers shout to get the attention of the highest bidders for Saudi Arabia's prized dates at Unaizah festival, where buyers from across the kingdom line up for the produce that is later exported worldwide.
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Commentary: What are Kamala Harris’s views on the Middle East?
Ms Harris acknowledges the long-standing partnership between the US and Saudi Arabia, and its ongoing importance, but she has called for more pressure to promote "US values" in the Gulf. Like Mr Biden, her positions suggest a likely continuation of the strong US affiliation with Gulf Arab countries, although with a broader agenda than Mr Trump's exclusive concern with military and commercial relations.
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Can Lebanon Rise from the Rubble?
The destruction of the port of Beirut – and Lebanon's freefalling economy – has fueled calls to end the country's sectarian political system, which allocates power among Christians, Shia, and Sunni Muslims according to a rigid formula. But might such a change merely deepen suspicion among an already deeply divided population?
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