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Qatar Restores Full Diplomatic Relations with Iran
- August 25,2017
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- SUSTG Team
Qatar restored full diplomatic relations with Iran on Thursday and promised to send its ambassador back to Tehran as the Gulf nation digs in against the demands of several Arab nations, including Saudi Arabia. According to the AP, in announcing its decision, Qatar made no mention of the diplomatic crisis roiling Gulf Arab nations since June, […]
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The Next U.S. Ambassador to Saudi Arabia?
- August 22,2017
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- Lucien Zeigler
President Trump is rumored to be nearing a selection for U.S. Ambassador to Saudi Arabia, according to reports. A New York Times reporter tweeted today that Dave Urban, who ran President Trump’s surprise successful campaign in Pennsylvania in 2016, is said to be the President’s pick for the U.S. Ambassador to Saudi Arabia. The top American newspaper’s […]
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‘Continued Improvement in Saudi Arabia’s Fiscal Position’ Seen as Revenues Increase
- August 17,2017
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- SUSTG Team
The latest quarterly budget performance report by Saudi Arabia’s Ministry of Finance showed a continued improvement in Saudi Arabia’s fiscal position, according to a recently released report by the Riyadh-based Jadwa Investment. “Due to an increase in government revenues, by 6 percent, and a drop in expenses by 1 percent, year-on-year, the fiscal deficit declined […]
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New York Reportedly Pulls Ahead of London in Aramco Listing Race for ‘Political Considerations’; Final Decision Rests with Crown Prince Mohammed
- August 11,2017
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- SUSTG Team
Despite a report in July that Saudi Aramco’s advisers have reportedly recommended London for the historic listing of the oil company, a new report now says Saudi Arabia favors New York in part because of the strength of the U.S.-Saudi relationship. Reuters originally reported that US disclosure rules were a concern for Saudi authorities. London’s Financial Conduct Authority (FCA) has […]
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Report: Saudi Oil Minister Khalid Al-Falih Met With Top Commodity Hedge Funds
- August 4,2017
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- SUSTG Team
Saudi Arabia’s Minister of Energy, Industry and Mineral Resources Khalid Al-Falih met in private with some of the world’s top commodity hedge funds in July, a break from tradition in order to gather investor views on the state of the market, Bloomberg reports. In the past Saudi Arabian officials have criticized the role of speculators and hedge funds in […]
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OPEC Discipline Partly to Blame for Oversupply, but Saudi Leadership May Boost Prices
- July 25,2017
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- SUSTG Team
Jadwa Investment’s recently released quarterly oil market update for Q2 2017 questions if discipline within OPEC is waning as oil’s price continues to stay low on international indices as high supply persists, but recent moves by Saudi Arabia in Russia this week indicate action is forthcoming to curb supply. Oil prices declined by 8 percent […]
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U.S. Removes Laptop Ban on Flights from Jeddah, Saudi Arabia; Riyadh to be Inspected by U.S. Officials ‘This Week’
- July 18,2017
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- SUSTG Team
The Trump administration on Monday lifted the ban on carrying laptops onboard Saudia Airlines, the last airline facing in-flight restrictions on electronics, a TSA spokesman has said. The removal only affects passengers on Saudia flying out of the airline’s hub in Jeddah, Saudi Arabia. US government officials will visit Riyadh’s King Khalid International Airport “later this […]
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CNN Publishes 2013 ‘Secret Agreements’ Between Gulf States Barring Support for Opposition and Hostile Groups
- July 11,2017
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- SUSTG Team
CNN has exclusively published documents showing that Qatar made a series of secret agreements with its Gulf neighbors in 2013 and 2014 barring support for opposition and hostile groups in those nations, as well as in Egypt and Yemen. The agreements themselves were not secret, but until now the exact wording in the documents was […]
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Saudi Aramco Releases 2016 Annual Review
- July 10,2017
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- SUSTG Team
Last week, Saudi Aramco released its annual review for 2016, a detailed overview of Saudi Arabia’s upstream and downstream energy operations, national strategy, and international activities and investments. The Annual Review for 2016, which is released halfway through the following year, takes on special significance as the Kingdom embarks on its Vision 2030 economic and social […]
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Blockade of Qatar Continues as Response to Demands Viewed as ‘Negative’
- July 6,2017
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- SUSTG Team
The foreign ministers of four Arab countries led by Saudi Arabia said they regretted Qatar’s “negative” response to their list of demands and said the blockade of the country would continue. Saudi Arabia, Egypt, Bahrain and the UAE severed ties with Qatar last month and Saudi Arabia has closed its airspace and land border with […]
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U.S.-Saudi RelationsCongress reviewing sale of precision munitions to Saudis, UAE
The Trump administration, working to increase exports of U.S.-made weapons, has asked the U.S. Congress to review the sale of more than 120,000 precision-guided munitions to allies Saudi Arabia and the United Arab Emirates, sources said on Tuesday.
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War in YemenHouthis ‘Softening,’ But UAE Minister Says Yemen Security Could Still Require Foreign Troops
Gargash was in Bratislava, Slovakia, for the annual GLOBSEC conference and sat down with Defense One for a conversation at a cafe along the banks of the Danube river.
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Socotra IslandAs Saudi Arabia and the UAE struggle for control of Socotra, Yemen’s island paradise may just swap one occupation for another
The UAE bought tanks and heavy artillery to the island for the first time, and kicked Yemeni workers out of the airstrip and port. The Yemeni government, enraged at the violation of its sovereignty, responded by inviting a Saudi delegation to act as peace broker. The Saudis also brought troops, which appear to have remained.
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Saudi-Qatar CrisisDispute among Saudi Arabia, UAE and Qatar rooted in royal rivalries and jealousies
Qataris say they have no choice but to seek a variety of allies if they are to withstand the perceived predations of their neighbors. The Qataris cite a long history of efforts by Saudi Arabia, the UAE and Bahrain to bring Qatar under their thumb, starting with the 1867 battle and continuing through a failed 1996 coup attempt against the current emir’s father — who had in turn overthrown his father in a bloodless coup the year before.
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UAE MilitaryUAE extends military reach in Yemen and Somalia
Military transport planes from the United Arab Emirates landed on the sleepy Yemeni island of Socotra last week, unloading tanks and troops as part of the Gulf Arab state’s drive to extend its influence over a strategic waterway flanked by war zones.
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IslamMuslim Minority Communities Meet in UAE to Talk Challenges
The United Arab Emirates hosted the start of a two-day forum on Tuesday for Islamic community leaders from countries around the world where Muslims are minorities.
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UAE in YemenHow the UAE’s Chinese-Made Drone Is Changing the War in Yemen
Since 2016, the Gulf nation has been trying to establish itself as the West’s primary counterterrorism partner in the region while simultaneously bolstering its military capabilities through arms deals with Beijing.
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SomaliaShifting Regional Dynamics Challenge UAE’s Balancing Act in Somalia
The ending of UAE aid and assistance to Mogadishu comes five months after the United States suspended its own financial aid to the Somali military because of persistent corruption, although it appears that the impoverished federal government has concluded the loss of such large streams of funding will be offset by increased support from Doha.
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QatarQatar denies its military planes intercepted UAE civilian aircraft
Qatar denied on Monday that its military planes had intercepted a civilian aircraft from the United Arab Emirates the day before, states news agency QNA reported, saying a UAE military plane had violated its air space at the time.
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SomaliaUAE stops training Somalia’s military after cash seizure
The United Arab Emirates says it will end its military training mission to Somalia after an incident that saw its soldiers assaulted and $9.6 million seized at an airport in Mogadishu. The announcement by the UAE’s Foreign Ministry marks the latest decision by a Gulf nation that affects East Africa, home to a growing web of Arab military and commercial interests.
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