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Recent stories from sustg

  • Seven Saudi Soldiers Killed on Yemen’s Border Last Week
     

    At least seven Saudi soldiers have been killed in the past week in clashes with Yemeni rebels, Al Jazeera reports, citing the Saudi Press Agency (SPA). Mohammed al-Manjahi was the latest soldier to be killed on the kingdom’s southern borders in the fight against Houthi rebels. According to an AFP news agency tally compiling reports by the Saudi […]

     
  • Secretary of State Tillerson Calls Saudi King Salman, Applauds Saudi Role in Regional Stability
     

    U.S. Secretary of State Rex Tillerson called Saudi Arabia’s King Salman by phone yesterday, and commended the Kingdom on its role in “promoting stability across the region,” the SPA reports. Tillerson also “stressed on the importance of working with the Kingdom, developing a comprehensive plan to strengthen bilateral relations and cooperation both military and counter-terrorism […]

     
  • December Data a Mixed Picture for Saudi Economy
     

    Saudi Arabia’s total government accounts with SAMA fell $80 billion last year, representing a significant slowdown from 2015 which saw a $116 billion net decline, according to a recently released chartbook by Jadwa Investment. The net monthly change to government accounts with SAMA remained negative in December, falling for the seventh consecutive month, part of […]

     
  • Trump Turns Up Rhetoric, Threats Toward Iran
     

    The Trump administration says it is putting Iran “on notice” following two incidents in the region in the past week, including an attack on a Saudi navy ship by Iran-backed Houthi rebels. The comments came from President Trump on Twitter as he blasted the agreement to disarm Iran’s nuclear program. “Iran was on its last legs […]

     
  • U.S.-Saudi Arabia Continue Strong Defense Ties in Trump Administration’s Early Days
     

    Saudi Deputy Crown Prince Mohammed bin Salman spoke by phone with Secretary of Defense James Mattis today to discuss mutual cooperation on security issues, according to the SPA and the Saudi Gazette. The Deputy Crown Prince also serves as minister of defense and chair of the powerful Council on Economic and Development Affairs (CEDA). The U.S.-Saudi relationship is […]

     
  • Economy Rebounds in Saudi Arabia as Money Supply Grows
     

    Saudi Arabian money supply growth has picked up in latest data for the month of December “in a sign that the economy is regaining strength after a slump last year caused by low oil prices and government austerity measures,” Reuters reports, citing central bank data. Key notes among the Central Bank data reported by Reuters: -Annual […]

     
  • First Jets from Record-Setting U.S.-Saudi Military Sale Delivered, Showcased in Riyadh
     

    Saudi Arabia showcased its newest F-15SA fighter jet at an airshow in Riyadh on Wednesday, in a demonstration that the Kingdom has begun receiving items purchased six years ago in the most expensive U.S. arms sale to a foreign country, Reuters reports. Custodian of the Two Holy Mosques King Salman commissioned the F15-SA fighter aircraft during […]

     
  • Tunnel for Longest Riyadh Metro Line 3 Complete as City Eyes Long-Term Solution to Traffic, Pollution
     

    Tunnel excavation for Line 3 of the under-construction Riyadh Metro – the longest line of the six total being created as part of the project – has been completed, according to a report. Line 3 is also known as the Orange Line and is more than 25 miles long, of which almost 7 miles will be underground, […]

     
  • U.S to Transfer Four Gitmo Detainees to Saudi Arabia
     

    The United States will transfer four detainees to Saudi Arabia from the Guantanamo Bay military prison in the next 24 hours, according to reports. President Barack Obama is making a final push to reduce the number of inmates at the prison, despite pressure from president-elect Donald Trump to halt such releases. According to Reuters, the release “will […]

     
  • Another ‘Mixed Picture’ for Saudi Economy as Data Show Negatives on Consumer Spending, Inflation Down
     

    Jadwa Investment’s recently released Chartbook for the month of January 2017 finds a mixed picture for the Saudi economy, including negative data on consumer spending and a significant dip in net change to government accounts with SAMA. Data on consumer spending came out negative “partly reflecting the impact of allowance reductions to public sector employees,” […]

     

MUST-READS

  • Al Jazeera Journalists
    Amal Clooney calls on Egypt to release journalist Mohamed Fahmy

    Amal Clooney has called on the Egyptian government to release her client Mohamed Fahmy on medical grounds, after she disclosed that the jailed al-Jazeera journalist is suffering from Hepatitis C.

  • Sunni Arab Coordination
    Egypt, Gulf Arab allies eye anti-militant alliance

    Talks on an alliance against extremists are well advanced, the Egyptian officials said. But the further idea of forming a joint force is more distant, and there are differences among the countries over the size of any force, funding and headquarters, and over whether to seek Arab League or U.N. political cover for operations, one of the Egyptian officials said. Past attempts at a pan-Arab military force have fallen apart. Still, even if no joint force is agreed on, the alliance would coordinate military action, aiming at quick, pinpoint operations against militants rather than longer missions, the officials said.

  • Saudi-Egypt
    Egypt signs $350m in oil, power financing deals with Saudi Arabia

    Egypt signed $350 million (Dh1.3 billion) worth of financing agreements with Saudi Arabia on Saturday aimed at upgrading its power grid and securing imports of petroleum products as it seeks to end its worst energy crisis in decades.

  • Egypt-Gaza
    Egypt demolishes Sinai homes for Gaza border buffer

    Egypt has begun demolishing homes along its border with the Gaza Strip as part of a planned 500m buffer zone that is intended to prevent weapons smuggling.

  • Foreign Aid
    Why Egypt, of all places, is keeping a wary eye on falling oil prices.

    The budget impacts of falling oil prices could percolate down to countries that don't even export the stuff. Belt-tightening in petrostates, in other words, could curtail the generous foreign assistance that Saudi Arabia, the United Arab Emirates, and others have showered on Egypt, Jordan, and Morocco to keep their economies afloat and stave off the specter of unfriendly governments steeped in Islamist ideology.

  • Saudi-Egypt
    Masked men burn 2 Saudi Arabia consulate cars in Egypt

    Masked men set fire to two cars belonging to the consulate of Saudi Arabia in the Egyptian city of Suez on Friday morning, local security sources and the state news agency reported.

  • Egypt
    Sisi gives Egypt military new powers after Sinai attack

    A spokesman said the new law gives the army the right to secure sites like power plants, main roads and bridges. But critics say it allows the army to return to the streets and bring back military trials for civilians. President Sisi declared a three-month state of emergency after the bomb attack in Sinai on Friday. The new decree allows state infrastructure to be defined as "military facilities" for two years, permitting the army to work with police to secure such sites.

  • Egypt's Economy
    The Rebirth of Egypt

    But perhaps the most dramatic step has been to formalize many parts of the economy. With the informal economy worth an estimated $360 billion, new policies aim to add all of this underground activity to Egypt’s recorded output. This project has received wide acclaim from officials, economists, and entrepreneurs, reflecting a widespread belief that boosting growth and competitiveness starts at the grass roots level. In short, the outlook for Egypt’s economy is not as gloomy as many believe. With the revolution now over, the world has heard little about how the country is rebuilding itself. As a result, there is a tendency to assume that Egypt has reached an economic impasse.

  • Egypt Tourism
    Really happy to see Sisi? 400% tourism growth from UAE, Saudi Arabia and Jordan to Egypt

    Inbound tourism from the UAE, Saudi Arabia, and Jordan grew by 400% in the last three months according to the Tourism Activation Authority’s (TAA) head of International Tourism Ahmed Shoukry. The Ministry of Tourism is aiming for regional tourism to account for 20% of the total inbound tourism to Egypt, according to Shoukry.

  • Carter Center in Atlanta
    From Jimmy Carter, a Rebuke to Egypt

    Over three decades, the Carter Center in Atlanta, led by former President Jimmy Carter, has established itself as a respected advocate for human rights and democracy. It has sent observers to 97 elections in 38 countries, worked to persuade governments to respect freedoms and human rights, and supported citizens who defend those principles. But it has thrown in the towel on Egypt.