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Recent stories from sustg
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The MENA region gets hotter as a global heat wave hits 3 continents, the Islamic New Year, Saudi Arabia outranks the US in expat survey and much more…
- July 21,2023
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- SUSTG Team
Episode 95! The hosts discuss some of the biggest storylines and topics on Saudi Arabia this week. First, Richard’s One Big Thing this week, the Islamic new year. Muslims around the world observe and celebrate the Islamic New Year, also called the Hijri New Year, which marks the beginning of a new lunar Hijri year. […]
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Non-Oil Business Activity in Saudi Arabia Surged in June 2023 as Tourism, Construction Sectors Lift Economy
- July 5,2023
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- SUSTG Team
Non-oil business activity in Saudi Arabia surged in June supported by strength in construction and tourism, a survey showed.
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Airbus, Saudi Company Scopa Group Agree to $6.7 Billion Helicopter Pact as Paris Air Show Kicks Off
- June 19,2023
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- SUSTG Team
Airbus SE has signed an investment agreement worth more than 25 billion riyals ($6.7 billion) to build military and civilian helicopters in Saudi Arabia with a local defense company called Scopa Group, Bloomberg reports.
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Saudi Center for Commercial Arbitration CEO Dr. Hamed Merah joins The 966, LIV Golf in DC and much more…
- June 2,2023
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- SUSTG Team
The 966 talks about the state of business dispute resolution in Saudi Arabia with the CEO of the Saudi Center for Commercial Arbitration, Dr. Hamed Merah, who joins from Riyadh. The 966 talks with Dr. Merah about the SCCA’s rise as a leading dispute resolution body in the region and increasingly, globally. As Saudi Arabia […]
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‘Salmani’ Architecture, VIA Riyadh opens, rainfall record shattered in Saudi Arabia and much more…
- May 19,2023
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- SUSTG Team
Episode 87! The hosts explore overlapping topics in Salmani architecture and an evolving Riyadh city under King Salman for decades. Kicking things off, Richard’s One Big Thing is the rise of Salmani Architecture – a term the hosts have come across in recent months that is important in understanding the current and new face of […]
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Saudi Arabia’s Red Sea Global Weighs Public Offering as Soon as 2026 – Report
- May 8,2023
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- SUSTG Team
Red Sea Global, the company behind a major tourism destination on Saudi Arabia’s Red Sea coast is considering a possible public market offering as soon as 2026, the CEO said in comments reported by Bloomberg.
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U.S. State of Arizona Blocks Saudi Company Fondomonte from Drilling 2 More Wells on State Land
- April 25,2023
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- SUSTG Team
A Saudi-owned company that farms alfalfa in the U.S. State of Arizona has been blocked from drilling two new wells in the drought-stricken state, according to local reports.
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STC Expands in Europe with Acquisition of Portfolio of Tower Assets in Europe
- April 20,2023
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- SUSTG Team
TAWAL, a unit of Saudi Telecom Company (stc), agreed to buy tower infrastructure worth 1.22 billion-euros ($1.34 billion) from United Group in its first foray into Europe’s telecoms market,” Reuters reports.
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Secretary Blinken, Saudi Foreign Minister Prince Faisal bin Farhan Al Saud Speak by Phone as Middle East Diplomacy Heats Up
- April 19,2023
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- SUSTG Team
U.S. Secretary of State Antony Blinken spoke with Foreign Minister Prince Faisal bin Farhan Al Saud by phone on Tuesday to talk about regional diplomatic issues, including Yemen, according to a statement by the State Department.
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US EIA: Non-OPEC Countries will Account for a Higher Percentage of Oil Production Gains this Year and Next
- April 12,2023
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- SUSTG Team
Non-OPEC countries will account for a higher percentage of oil production gains this year and next, the U.S. Energy Information Administration predicted on Tuesday – a reversal of the last two years.
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MUST-READS
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Former FIFA president suggests U.S. could serve as replacement host for 2022 World Cup amid Qatar charges
Former FIFA president Sepp Blatter believes that staging the 2022 World Cup away from Qatar is still a possibility amid fresh charges of bribery in the bidding process.
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U.S. Navy says Iran Revolutionary Guards navy harassed its vessels in Gulf
Eleven IRGCN vessels repeatedly approached U.S. navy vessels in international waters of the North Arabian Gulf while the U.S. Navy was carrying out exercises, the statement from the Bahrain-based Fifth Fleet said, adding that the actions were “dangerous and provocative”.
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Analysis: To Leave or Not to Leave – The U.S. Security Dilemma in Iraq
Many key NATO leaders are cool toward Trump and wary of Iraq – their voting populations even more so. It is difficult to see French President Emmanuel Macron, Canadian Prime Minister Justin Trudeau, and German Chancellor Angela Merkel accepting political and military risk to provide a fig leaf for a continued U.S. presence on the ground across all of Iraq.
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How the Middle East led the U.S. to adopt smarter mobile security rules
Earlier this year, US regulators essentially followed the Middle East’s lead by rolling out sweeping new rules — referred to as Cybersecurity Maturity Model Certification (CMMC) — which require use of data containerization along much the same lines as Saudi Arabia and the UAE mandated some three years ago. The implementation of CMMC represents a big change from past U.S. federal data handling rules for contractors, for which compliance was by-and-large voluntary.
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Saudi, Russia seek to finalise oil cuts in G20 talks, want U.S. involved
Saudi Arabia, Russia and their allies will press Mexico on Friday to join an accord for collective oil production cuts equivalent to 10% of global supplies and will push the United States and other producers to remove a further 5%.
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Bill would remove U.S. troops from Saudi Arabia in 30 days
The legislation from Senator Bill Cassidy, of oil-producing Louisiana, would remove U.S. troops 30 days after enactment, a full month faster than similar legislation introduced by two other Republican senators in March. Cassidy introduced the bill as OPEC+, a production group including Saudi Arabia and others in the Organization of Petroleum Exporting Countries and allies including Russia, closed in on a deal to slash oil output by a record amount of about 15 million barrels, or 15% of global production.
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Republicans in U.S. House tell Saudi crown prince to tighten oil taps or risk response
“If the Kingdom fails to act fairly to reverse this manufactured energy crisis, we would encourage any reciprocal responses that the U.S. government deems appropriate,” said a letter to the crown prince signed by 48 lawmakers, or about a quarter of the Republicans in the U.S. House of Representatives, which is controlled by Democrats.
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Saudi, Russia debate record oil cut as U.S. resists action
OPEC and Russia will discuss record oil output cuts on Thursday to support prices hammered by the coronavirus crisis but talks are complicated by internal disagreements and the reluctance of the United States to join any action.
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Perspective: The U.S. and Iran Are Inching Toward Confrontation in Iraq
But Iran and its Iraqi client groups may be encouraged by reports that U.S. forces are being consolidated into a smaller number of forward operating bases; the regime in Tehran believes this is an important step to the eventual removal of all American troops from Iraq. They will want to hurry the U.S. departure, but in a way that doesn’t invite massive retaliation.
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Saudi Crude Oil Armada Heads for U.S.
The seven tankers that have sailed for the U.S. this month are hauling a combined 14 million barrels of crude. Through the same period in March, the kingdom exported just 2 million barrels to America.
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