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Saudi Aramco reports 2019 results in ‘difficult macro environment’
- March 16,2020
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- SUSTG Team
Saudi Aramco announced its full-year 2019 financial results, delivering “strong profits and dividends despite a lower price environment and challenging margins in refining and chemicals,” the company said in a press release.
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Saudi Arabia Postpones Red Sea Festival, Takes Other Precautions Against COVID-19
- March 4,2020
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- SUSTG Team
Saudi Arabia is taking unprecedented steps to curb the spread of the Coronavius, or COVID-19, in the Kingdom, announcing that it would suspend the upcoming Red Sea Film Festival after announcing a suspension of the Umrah religious pilgrimage for its citizens and residents.
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Saudi Arabia Continues with Cautious Path on Coronavirus; King Salman, Xi Jinping Speak by Phone
- February 6,2020
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- SUSTG Team
Saudi Arabia continued to take precautionary measures to prevent the arrival and spread of Coronavirus in the Kingdom as King Salman and China’s Xi Jinping spoke by phone today to discuss the outbreak, according to reports.
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KSA sets air traffic records
- July 19,2024
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- SUSTG Team
Saudi Arabia has witnessed remarkable growth in its air traffic during the first half of 2024, according to the General Authority of Civil Aviation (GACA). The Kingdom has reported a significant growth in passenger traffic, flights, air cargo, and connectivity.
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Already a Riyadh Centerpiece, KAFD CEO Gautam Sashittal Discusses Future Plans
- March 14,2024
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- SUSTG Team
Gautam Sashittal, CEO of King Abdullah Financial District Development and Management Company (KAFD DMC), sits with Imogene Lillywhite of Zawya for an extensive interview outlining what is next for the exciting city hub.
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Riyadh Air Makes Waves at Aviation Festival of Asia 2024
- February 28,2024
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- SUSTG Team
New Saudi airline Riyadh Air is touting its new offering at an industry event in Asia, with the CEO and COO giving public appearances and with it a glimpse into the plans and aspirations of the startup airline.
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Al-Falih Says Vision 2030’s Impact on Saudi Economy is Visible in 66% Increase in GDP
- December 12,2023
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- SUSTG Team
Saudi Arabia’s Minister of Investment, HE Khalid Al-Falih, said that the Kingdom’s gross domestic product (GDP) has increased by 66 percent since the launch of Saudi Arabia’s Vision 2030.
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Saudi Arabia Enters Recession Now, Report from Capital Economics Says, but Non-Oil Economy Continues to Shine
- August 2,2023
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- SUSTG Team
Saudi Arabia has entered a recession, a report from Capital Economics said, as oil production cuts designed to prop up prices hurt the Kingdom’s bottom line – but the Kingdom’s non-oil economy continued to grow at a robust pace.
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Saudi Arabia’s Receipts from Oil Sales Abroad Down in May, Lowest in Over a Year – Report
- July 25,2023
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- SUSTG Team
Saudi Arabia’s leadership in OPEC+ with voluntary cuts to production has proven to be costly, sending its receipts from oil sales abroad down by a third, to its lowest in over a year, according to a report in Bloomberg, which cited the Kingdom’s General Authority for Statistics (GASTAT).
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Saudi Arabia Defends Oil Cuts with Russia, Vows to do ‘Whatever Necessary’ to Support Oil Markets
- July 6,2023
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- SUSTG Team
Saudi Arabia’s energy minister Prince Abdulaziz bin Salman defended Riyadh and Moscow’s recent oil cut decisions on Wednesday, which caused only a small, short-term increase in the price of Brent crude as the market shrugged at the move.
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MUST-READS
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Cyber SecuritySecurity experts: Iran-backed group of hackers targeted U.S., Saudi Arabia
Cybersecurity firm FireEye has identified a new group of hackers, known as APT33, that it says has been working on behalf of the Iranian government since 2013. The group has "potential destructive capabilities," FireEye warned. "The campaigns that were laid out were not just aligned with the Iranian government but with the Iranian military," said Stuart Davis, a director at FireEye subsidiary Mandiant.
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Middle East Maritime SecurityMiddle East Maritime Security: The Growing Role of Regional and Extraregional Navies
Historically, protection of (SLOCs) sea lines of communication--a process integral to projecting power regionally--was the purview of only Great Power nations such as the United States and Britain. Today, by contrast,leading regional states, including Iran, Israel, and several members of the GCC, are increasingly active in acquiring access and basing rights and building logistics networks throughout the region. Coupled with the return of Russia to the Middle East stage, and the Chinese and Indian navies playing an ever greater role, these changes are reconfiguring the MENA maritime arena.
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GCC SecurityRegional Security Implications of the GCC Crisis
One unintended consequence of the recent kerfuffle between Qatar and its neighboring GCC states of Saudi Arabia, the UAE, and Bahrain is the imposition of a hold on all Foreign Military Sales to the GCC countries by Senate Foreign Relations Committee Chairman Bob Corker. This action, which is informal but will probably be respected, impacts each GCC country differently.
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Trump-RussiaDems to Mueller: Flynn broke law on security forms to broker Russia-Saudi deal
House Democrats sent special counsel Robert Mueller what they say is evidence that former national security adviser Michael Flynn failed to disclose a trip he took to the Middle East to explore a business deal with the Saudi government and a Russian government agency.
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Cyber SecurityNations That Hack the U.S. Could Face ‘Real World’ Consequences, Homeland Security Adviser Warned
White House Homeland Security Adviser Tom Bossert suggested the U.S. government may dole out “real world” punishment to nation-states that hack federal systems or violate agreed upon cybersecurity norms.
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HRW ReportTorture and National Security in al-Sisi’s Egypt
This report, based on interviews with 19 former detainees and the family of a 20th detainee who were tortured between 2014 and 2016, shows how police and officers of the National Security Agency regularly use torture during their investigations to force perceived dissidents to confess or divulge information, or to punish them.
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U.S.-TurkeyTurkish Security Officials Indicted for Attacking US Protesters
A grand jury in Washington has indicted 19 people, including 15 Turkish security officials, in connection with a brawl that broke out during Turkish President Recep Tayyip Erdogan's visit to the U.S. capital in May.
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JASTAPerspective: This congressional act threatens US national security
While JASTA will have a wide range of devastating consequences in the long run, it will create immediate damage by unjustly alienating one of America's most consequential allies: Saudi Arabia. The Arab world is encountering an almost unprecedented number of challenges
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Nuclear PowerNuclear Power’s Woes Imperil U.S. National Security, Moniz Says
The decline of the U.S. nuclear-power industry puts America’s security at risk, according to a report being released Tuesday by former Energy Secretary Ernest Moniz that calls for greater federal investment.
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AwamiyaSaudi security forces flatten old quarter of Shi’ite town
A security campaign against Shi'ite Muslim gunmen in eastern Saudi Arabia has reduced dozens of buildings in the town of Awamiya to ruins and forced thousands of residents to flee.
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