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Recent stories from sustg
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Saudi Stock Market’s Key Players Undertake Roadshow to Promote Investment in Saudi Arabia’s Tadawul
- November 9,2015
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- SUSTG Team
Key players in Saudi Arabia’s stock market have embarked on a “global roadshow” abroad to show off the attractiveness of the investment climate in Saudi Arabia, according to reports, with officials meeting potential investors in New York, London, and Singapore. Saudi Arabia’s Tadawul opened to wider foreign investment in July 2015, but it did so […]
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Uber Eyes Fast-Growing MENA Markets for $250m Expansion
- November 5,2015
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- SUSTG Team
Uber Technologies Inc. is investing $250 million to expand in the Middle East and North Africa, which have some of the ride-sharing service’s fastest-growing markets, Bloomberg reports. Uber is already in Saudi Arabia, and the ride-sharing app is having a significant impact on the transportation economy there. And Uber is also making a social impact. Since […]
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Al-Jubeir: Yemen’s War in the ‘Final Stage’; But Victory May Still Prove Elusive
- November 3,2015
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- SUSTG Team
Saudi Arabia’s Foreign Minister Adel Al-Jubeir said that the Saudi-led coalition battling the Houthi rebels in Yemen is entering its final stages. “I am confident that the Yemeni conflict has entered its final stage, and I’m optimistic,” Al-Jubeir said. “There are indications that the war in Yemen is entering a final phase. The legitimate government […]
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Ahead of Critical Syrian Peace Summit, Saudi Arabia Looks to ‘Test’ Iran on Commitment to Peace
- October 29,2015
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- SUSTG Team
Vienna, Austria will play host to a crucial meeting on Friday on the future of Syria and international efforts to end the bloody 4-year civil war that has left hundreds of thousands dead and has served as a breeding ground for Daesh, or the self-described ISIS. For the first time, all the main powers with […]
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Bomb Rips Through Shia Mosque in Najran City, Saudi Arabia, Killing One; Daesh Claims Responsibility, Suspect Named
- October 27,2015
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- SUSTG Team
A bomb ripped through a Shia mosque in Najran City in Saudi Arabia yesterday, killing one and injuring at least 16 people in the latest in a spate of murderous attacks across Saudi Arabia in the last year. Daesh has claimed responsibility for the suicide bombing at the al-Mashhad mosque. Saudi Authorities have named a suspect. […]
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Report: U.S. State Department Approves Sale of $11.5b Littoral Combat Ships to Saudi Arabia, Latest in ‘Biggest Year Yet’ for U.S. Arms Sales
- October 20,2015
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- SUSTG Team
The State Department has approved the sale of as many as four Littoral Combat Ships for $11.25 billion under the Foreign Military Sales program according to an official cited by Bloomberg. The approval allows the Saudis to negotiate contracts for the ships unless Congress passes legislation to block the deal, the report said. The news […]
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Perspective: “Lessons from America’s Continuing Misadventures in the Middle East” – Chas Freeman’s Speech to AUSPC in Washington
- October 15,2015
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- SUSTG Team
In the opening keynote at this year’s 24th Arab-US Policymaker’s conference, Ambassador Chas W. Freeman, Jr. discussed the lessons from America’s “continuing misadventures in the Middle East.” The event, hosted by the National Council on U.S.-Arab Relations in Washington, D.C., enters its second day today at the Ronald Reagan International Trade Center. Ambassador Freeman chairs Projects […]
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Jadwa October 2015 Chartbook: Investment in Foreign Securities Recorded a Monthly Increase, First Time in 2015
- October 9,2015
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- SUSTG Team
Investment in foreign securities recorded a monthly increase for the first time in 2015, an indication that pressure continued to be relieved off foreign reserves as the main deficit financing tool, according to a recently released report by Riyadh-based Jadwa Investment. Additionally, net monthly withdrawals from government accounts continued to be small in August compared to […]
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Saudi Students in the U.S. Increased 20% from 2013/2014 and Are Increasingly Placed in Diverse Institutions, Study Finds
- October 6,2015
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- SUSTG Team
A recent report on Saudi students in the United States by World Education News and Review (WENR) found that Saudis studying in the U.S. have increased by 20% in the last year and often apply to a wider range of schools other than the elite institutions that are a typical focus of international applicants. The […]
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HRH Prince Turki al-Faisal, in First Interview with Israeli Media, Chides Netanyahu for Refusing Peace
- October 1,2015
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- SUSTG Team
HRH Prince Turki al-Faisal gave his first televised interview with the Israeli media station Haaretz, and told the outlet that if Netanyahu was a far-sighted leader, he would negotiate on the basis of the Arab Peace initiative. If Benjamin Netanyahu “was more of a far-sighted leader, he would break the logjam and negotiate on the […]
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MUST-READS
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Cyber AttacksOpinion: If Cyberattacks Are Terror, Who’s the Biggest Terrorist?
Rather than misapplying the existing policy tools or diminishing the physical harm and psychological toll of terrorism, Congress should reexamine what new legislation is required to prevent or counter significant costly or damaging cyberattacks. If malicious cyberattacks are considered terrorism, this will result in a default categorization of the United States and many of its allies as sponsors of terrorism. Obviously, it’s highly unlikely that the Secretary of State would designate the United States or its allies as such.
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Saudi-YemenIs Yemen falling out of Saudi’s grasp?
Besides the traditional dangers that Saudi security has been facing across its border with Yemen for decades, such as weapon and drug smuggling and even infiltration and people smuggling, the sharp rise of the Houthis’ Ansar Allah militia is a new danger threatening southern regions of Saudi Arabia.
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Anti-ISIS CampaignForeigners fighting Islamic State in Syria: who and why?
Western governments are closely monitoring foreign fighters but law enforcement agencies are acting differently towards those joining Islamic State or those linking up with the Kurdish resistance whose motivations are far more diverse.
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Global Oil MarketsOil Sinks Below $50 a Barrel: How Low Will It Go?: Video
Ashmore Group's John Sfakianakis and Dan Dicker, author of "Oil's Endless Bid," discuss the outlook for oil prices with Bloomberg's Trish Regan on "Street Smart."
- DW - Saudi Arabia says it will maintain oil output
- The Hill - Saudi Arabia seeks to calm internal fears on oil price
- Business Vancouver - Saudi Arabia’s risky energy gamble: sacrificing short-term revenue to undermine competition
- Seeking Alpha - U.S., Russia, Saudi Arabia: Who Is Going To Win In The Oil Price Stand-Off?
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Saudi-IraqOpinion: Can relations between Iraq and Saudi Arabia improve?
Though foreign missions in the Iraqi capital face the danger of attack, the Saudi Ministry of Foreign Affairs has decided to send a technical team to choose a new location for its embassy in Iraq, which closed its doors 24 years ago. The visit aims to break the ice in a relationship that has been frosty for the past 10 years. Saudi Arabia has also decided to open a consulate in the Kurdistan region, finally implementing a decision which had previously been delayed due to political and security tensions.
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Boeing SalesBoeing Or Airbus: Whose Product Line Is Shaped Better For The Future?
Both Airbus and Boeing, have well filled order books to produce in the coming years without any order inflow, but looking at the demand in the coming 20 years the future looks bright for both companies.
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Why did Saudi Arabia’s Sheikh Ghamdi succeed?
Truth be told, what's new does not only lie in the sheikh's boldness to defy traditional norms but also in the space of freedom which allowed the transmission of forbidden messages. It lies in the media figures' courage, some clerics being content to voice their opinions against Ghamidi without pursuing him and in the youths', sheikhs', women's and men's engagement in the controversy. Ghamidi's move created an atmosphere and a developed environment for interaction.
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Libya and ISISMosul on the Mediterranean? The Islamic State in Libya and U.S. Counterterrorism Dilemmas
The Islamic State has come to Libya. The very sentence is enough to ring alarm bells that the fractured country—long neglected by Washington—is now a North African “colony” of the jihadist behemoth. A recent article in Newsweek claims that “Libya’s internal fighting could push [it] into the arms of the ever-opportunistic Islamic State.” But will it? And how can the United States prevent this from happening in a way that does not make things worse?
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Global Oil MarketsHow Long Does A ‘Typical’ Oil Downcycle Last?
BP highlights the fact that it has historically taken up to 2 years for prices to complete a deep decline and then undergo a recovery.
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Global Oil MarketsDeclining oil prices: OPEC vs. (future) Shale?
First, let us dispense with the Russia/Iran squeeze play story. Theories are rife about a Saudi squeeze play on Iran, a country with far less cash reserves than the UAE, Kuwait, or Saudi Arabia. Iran, the theory goes, will face far more difficulty with the declining oil price than Arab members of OPEC. That’s why Saudi Arabia chose not to “defend” the price through cuts in production, the theory goes.
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