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Comprehensive Document Outlining Saudi Arabia’s Counterterrorism Strategy, Successes Released
- May 26,2016
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- Lucien Zeigler
The Embassy of Saudi Arabia in Washington has distributed a comprehensive document outlining the Kingdom’s efforts to fight terrorism. The detailed publication was distributed to Congress as debate regarding the September 11, 2001 terrorist attacks heat up following the recent unanimous Senate vote to pass the Justice Against Sponsors of Terrorism Act (JASTA) bill. The Kingdom […]
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Report: $7.9 Billion Bid for KAFD by Saudi Arabia’s Public Investment Fund
- May 25,2016
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- SUSTG Team
Saudi Arabia’s Public Investment Fund (PIF) is reported to be prepared to make an offer for the King Abdullah Financial District (KAFD), situated between downtown Riyadh and the city’s King Khalid International Airport. The offer, reported by Bloomberg citing unnamed sources, is 30 billion riyals ($7.9 billion) — the amount already spent on KAFD by the Saudi Public […]
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How Riyadh’s King Abdullah Financial District’s Future Has Shifted
- May 11,2016
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- SUSTG Team
Riyadh’s unfinished King Abdullah Financial District (KAFD) located halfway between downtown Riyadh and King Fahd International Airport is headed for new ownership and a revised master plan. KAFD – the city within a city that was originally designed to be home to the Kingdom’s banks and international financial houses – will soon be owned by […]
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Commentary: Saudi Arabia’s Vision 2030, Don’t Miss the Point
- April 29,2016
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- Richard Wilson
While Saudi Arabia’s Vision 2030 was formally endorsed by the Saudi Council of Ministers and published on April 25, 2016, anticipation about the plan had been building for months. McKinsey & Company’s 165-page Moving Saudi Arabia’s Economy Beyond Oil in December 2015 confirmed the depth of the analysis underway within the Saudi government while Deputy […]
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‘Saudi Vision 2030,’ Saudi Arabia’s National Transformation Plan for a New Saudi Economy, Launches with Media Push
- April 25,2016
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- SUSTG Team
Saudi Arabia’s has launched the ‘Saudi Arabia 2030’ National Transformation Plan (sometimes referred to as ‘Vision 2030’) today with a video announcement on Twitter and the first video interview with Deputy Crown Prince Mohammed bin Salman given to the news channel Al Arabiya. Details of the comprehensive plan are expected to include economic and social […]
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Deputy Crown Prince Mohammed bin Salman Opens Up on Personal History; ‘Vision for the Kingdom of Saudi Arabia’
- April 22,2016
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- SUSTG Team
In his second exclusive and wide-ranging interview with Bloomberg, Saudi Arabia’s deputy crown prince, chair of the Council of Economic and Development Affairs (CEDA), and minister of defense opened up on his rise to power, his initial struggles and ultimate acceptance under the late King Abdullah, and his fondness for Winston Churchill and Sun Tzu’s The […]
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President Obama, King Salman Attend GCC Summit in Riyadh; Pledge to build on ‘Deep Strategic Partnership’
- April 21,2016
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- Lucien Zeigler and Richard Wilson
President Obama and King Salman attended the summit of the Gulf Cooperation Council (GCC) members in Riyadh, Saudi Arabia today at the Al-Diriyah Palace. The White House on Wednesday called the summit “an important opportunity for the United States and its Gulf partners to strengthen cooperation against [the Islamic State group] and also to address regional […]
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Muted Reception for President Obama in Riyadh Belies Strong U.S.-Saudi Cooperation on Security, Economy
- April 20,2016
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- Lucien Zeigler
President Obama arrived in Riyadh today to a chilly official reception from Saudi Arabia indicative of strained ties between his administration and the Kingdom. While King Salman welcomed the other heads of state of the visiting GCC leaders with “pomp and circumstance,” President Obama deplaned Air Force One and was met by the governor of Riyadh […]
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Saudi Arabia reportedly planning US-style ‘green card’ system as part of strategy to increase revenue
- April 7,2016
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- SUSTG Team
Saudi Arabia is considering setting up a ‘green card’ system, similar to that used in the US, as part of an overall strategy to raise $100 billion in revenues annually by 2020, according to reports. The Deputy Crown Prince “revealed Saudi Arabia’s inclination to introducing a system for residents that is similar to the American […]
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Major Policy Shifts Revealed in Bloomberg Interview with Deputy Crown Prince Mohammed Bin Salman
- April 1,2016
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- SUSTG Team
In an extensive interview with Bloomberg Saudi Arabia’s deputy crown prince Mohammed bin Salman outlined his vision for several major economic initiatives. These include a plan to offer shares in all of Saudi Arabian Oil Company (Saudi Aramco) rather than just it’s downstream and refining assets. “The mother company will be offered to the public […]
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MUST-READS
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Analysis: World braced for more bombshells from furious Donald Trump after defeat
The Afghan government fears the move puts their country in danger of being overrun by the Taliban, while even some in the President's own party have questioned his intent. Republican Congressman Adam Kinzinger condemned the order as "an attempt to hobble the next administration." Kinzinger, a former US airman who flew combat missions in Afghanistan, warned that those troops who remain can do little except protect themselves. "With 2,500 troops all you have left is enough troops to defend the remaining troops," he told CNN's New Day on Wednesday.
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Saudi presses on with MBS gigaprojects despite pandemic cuts, oil rout
Between March 4 and September 15, Neom signed deals with the infrastructure consulting firm AECOM, which said it had been tasked to "accelerate the delivery" of the city; The Leaders Development Institute to act as sports advisers; and Air Products, which has been tasked to develop a carbon-free hydrogen plant for $5 billion.
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Review: MbS, Saudi Arabia’s sharpest prince
In “Blood and Oil”, Bradley Hope and Justin Scheck have gone to painstaking lengths to lift the veil on the character of a young man shaking up the country, and beyond. The result is a gripping page-turner.
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Oil climbs on positive China data, rising demand
Oil rose on Monday, supported by an improvement in Chinese factory data and rising energy demand as countries eased lockdowns, but traders remained cautious due to U.S.-China tensions and uncertainty over a U.S. stimulus package.
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Former Saudi intel official sues MBS over assassination claim
The complaint alleges that on or around October 15, 2018, a Saudi hit squad attempted to enter Canada with the intention of killing al-Jabri by order of Crown Prince Mohammed.
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Half of SMBs in the UAE, 35% in Saudi reduced their workforce due to virus: study
Despite challenges brought on by the pandemic, SMB owners on Facebook remain optimistic about the future of their businesses. According to the report, 61 per cent of SMBs in the UAE, 59 per cent in Saudi and 52 per cent in Egypt are optimistic about their businesses post-Covid.
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Perspective: Saudi Prince MBS’s Vision 2030 Confronts Coronavirus, Oil Shock
The country’s response to Covid-19 was to lock down quickly, winning praise from many Saudis. Tourism is at a standstill worldwide, hitting the finances of many nations. The economic impact of the pandemic, though, couldn’t have come at a more pivotal time for Saudi Arabia.
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Saudi Arabia’s consulting market climbs 12 percent to $1.6 billion
Saudi Arabia’s consulting industry continues to shine as one of the world’s standout global performers, growing by 12 percent last year to a worth of $1.6 billion. The consulting industry of Saudi Arabia has pushed out to a worth of $1.6 billion on the back of bumper 12 percent growth in 2019 – with the Kingdom now accounting for almost half of the wider $3.6 billion market in the GCC. This is the conclusion of Source Global Research, a market research and consultant to the consulting industry itself, which measures the activity of advisory firms with a headcount of greater than 50 serving mid to large clients.
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Saudi-IranMBS Interview: We Don’t Want War but We Won’t Hesitate in Dealing with Any Threat
In an interview with Asharq Al-Awsat, the Crown Prince said that the Kingdom “supported the re-imposition of US sanctions on Iran out of our belief that the international community needed to take a decisive stance against Iran.”
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SudanU.S. appoints envoy head as death toll climbs to 129
The State Department said in a statement it appointed Ambassador Donald Booth to head a special envoy for Sudan to lead "U.S. efforts to support a political solution to the current crisis that reflects the will of the Sudanese people."
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