Analysis

JASTA AFTERMATH

Saudi Arabia’s Foreign Ministry Criticizes JASTA, Congress Weighs Adjustment of Law

• SUSTG Team
• |
• 9. 30. 2016

As Congress looks to potentially adjust the law, those looking to sue Saudi Arabia in U.S. courts look to begin their claims - a process that may take years and is unlikely to yield a settlement.

• Jadwa Investment Report

  

  Jadwa Investment Report Looks at ‘Significant Implications of Vision 2030 on Trade and Financial Flows’ for Saudi Arabia

  SUSTG Team  |  9. 29. 2016

  The Kingdom's structural economic transformation, envisaged by Vision 2030, will have significant implications on trade and financial flows over the next fifteen years.

• Mohammed bin Salman

  

  Deputy Crown Prince Mohammed bin Salman Cracks Bloomberg’s 50 Most Influential in Finance

  SUSTG Team  |  9. 27. 2016

  Bloomberg said that the 31-year old prince has drawn up a plan to transform the world’s biggest crude exporter into a diversified economy fit for the next era, almost eight decades after oil was discovered in Saudi Arabia.

• 

  New Desalination Technology at KACST in Saudi Arabia ‘Opens Doors to Higher Worldwide Clean Water Sources’

  SUSTG Team  |  9. 20. 2016

• JASTA

  

  President Obama to Veto JASTA Bill

  SUSTG Team  |  9. 13. 2016

  White House Press Secretary Josh Earnest said on Monday that U.S. President Barack Obama will veto the controversial Justice Against Sponsors of Terrorism Act (JASTA) passed by congress last week, setting up a showdown with Congress.

• Hajj 2016

  

  Hajj 2016 Begins: Millions Gather in Saudi Arabia

  SUSTG Team  |  9. 9. 2016

  An estimated two million pilgrims have converged in Saudi Arabia for the start of the annual Hajj pilgrimage today, lasting until Wednesday, September 13th.

• JASTA

  

  U.S. House to Allow Vote on Controversial JASTA Bill This Week

  SUSTG Team  |  9. 8. 2016

  The House will vote this week on a bill allowing the families of 9/11 victims to sue Saudi Arabia in U.S. courts, a Republican leadership source told Politico Wednesday.

• Saudi Fiscal Policy

  

  Report: $20 Billion in Projects may be Canceled; Ministerial Budgets Squeezed as Saudis Adapt to Low Oil Prices

  SUSTG Team  |  9. 7. 2016

  A report in Bloomberg today said that Saudi Arabia is considering canceling more than $20 billion of projects in addition to making deep cuts to ministry budgets as the Kingdom takes austerity measures due to low oil prices.

• Jadwa Investment

  

  Jadwa: Economic Data for July Shows ‘Mixed Picture’ for Saudi Economy

  SUSTG Team  |  9. 2. 2016

  Recently-released Jadwa Investment monthly chartbook data on the Saudi economy for July showed "a mixed picture in economic activity," the Riyadh-based investment firm said.

• Vision 2030 in Asia

  

  Deputy Crown Prince to Promote Saudi Vision 2030 in Japan, China and at G20

  SUSTG Team  |  8. 26. 2016

  Saudi Deputy Crown Prince, Minister of Defense and head of the influential Council of Economic and Development Affairs, HRH Mohammed bin Salman, plans to visit China August 29-31 and Japan August 31-September 3. He will then attend the Group of 20 Summit September 4-5 to be held in Hangzhou, China.