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U.S. Continues Troop Deployments to Saudi Arabia
- November 21,2019
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- SUSTG Team
The United States is continuing forward with a deployment of 3,000 troops to Saudi Arabia to deter threats from Iran, according to a letter sent by President Trump to the U.S. Congress this week. “United States Armed Forces have been deployed to the Middle East to protect United States interests and enhance force protection in […]
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Aramco Quickly Met Global Demand After Attacks, Saudi Arabia’s King Salman Says in Annual Address
- November 20,2019
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- SUSTG Team
Saudi Arabia’s King Salman said in his annual address to the Shoura Council on Wednesday that the ability of Saudi Aramco to quickly restore oil production capacity after attacks on its facilities in September “had proven the kingdom’s ability to meet global demand during any shortage,” Reuters reports. The King pointed a finger at Iran […]
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Saudi Authorities Direct Vision 2030 Realization Committees to Submit Plans to Boost Private Sector Funding
- November 19,2019
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- SUSTG Team
Saudi authorities have directed all the Vision 2030 Realization Program (VRP) Committees to submit an action plan within 90 days to CEDA to “activate the role of the private sector as an investor and a financing element in implementing its initiatives,” a report in the Saudi Gazette/OKAZ said. According to the report, action plans submitted by […]
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Saudi FM Prince Faisal bin Farhan Meets with Secretary of State Mike Pompeo
- November 15,2019
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- SUSTG Team
Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan has met with US Secretary of State Mike Pompeo in Washington on Thursday ahead of an international meeting of countries committed to defeating ISIS, according to reports and social media. “During the meeting, they discussed the Saudi-US long-established strategic partnership, especially the partnership in the fight against […]
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MODON, GAMI Ink Deal to Promote Investments in Saudi Arabia’s Defense Sector
- November 14,2019
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- SUSTG Team
A new strategic cooperation between the Saudi Authority for Industrial Cities and Technology Zones (MODON) and the General Authority for Military Industries (GAMI) aims to encourage the localization of military industries in the Kingdom, according to the Saudi Press Agency (SPA). The new cooperation “supports the localization of 50 percent of the expenditure in military industries through […]
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Peace Agreements, Reports of Talks a Positive Sign for Yemen’s Ongoing War
- November 13,2019
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- SUSTG Team
Recent agreements and reports of indirect talks between warring sides in Yemen’s ongoing civil war indicate a trend toward bringing an end to the four year old conflict fought to restore the U.N.-recognized Hadi government to power after it was overthrown by Iran-backed Houthi rebels. Last week, Yemen’s Saudi-backed government signed an agreement with southern separatists on […]
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Saudi Aramco Releases Details of November 17th IPO in Prospectus
- November 11,2019
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- SUSTG Team
Saudi Aramco on Saturday released details of its IPO that will be the first opportunity for investors to own a piece of the world’s most profitable company and achieve one of the key goals of the Kingdom’s Vision 2030 economic reform plan. The details were released in a prospectus on Saudi Aramco’s website. The company said the […]
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Saudi Arabia’s PIF Reportedly Invests $400m in Disruptive Food Startup Founded by Travis Kalanick
- November 8,2019
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- SUSTG Team
Saudi Arabia’s Public Investment Fund has invested $400 million into Uber founder Travis Kalanick’s new company CloudKitchens, according to the Wall Street Journal. CloudKitchens is a food and real estate startup that buys cheap properties across the U.S. and in India, China, the U.K. and elsewhere. “The hope is that their proximity to densely populated areas will make them […]
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Saudi Arabia, World Economic Forum to set up ‘Fourth Industrial Revolution Center’
- November 7,2019
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- SUSTG Team
Saudi Arabia signed an agreement with the World Economic Forum (WEF) on Wednesday to establish a branch in the Kingdom of the WEF’s Center for the Fourth Industrial Revolution, a program focused on new technologies that will power economic change in the immediate years to come. The deal was signed by Mohammed Al-Tuwaijri, the Saudi […]
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Saudi Aramco targets zero flaring by 2030
- November 6,2019
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- SUSTG Team
Saudi Aramco said on Wednesday it was joining the World Bank’s initiative to reduce gas flaring to zero by 2030, and said its flaring was already less than 1% of its total raw gas production in the first half of 2019, Reuters reports. The announcement comes as the company began this week the process of floating shares […]
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MUST-READS
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Saudi Arabia pledges to work with all partners globally on climate change
Minister of State for Foreign Affairs, member of the Council of Ministers, and Envoy for Climate Adel Al-Jubeir led Saudi Arabia’s delegation participating in the Major Economies Forum on Energy and Climate (MEF).
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Boeing ‘Almost There’ on 787 Dreamliner Delivery Restart
Resuming 787 handovers and speeding up 737 Max deliveries are key to Boeing’s efforts to finally start generating cash after years of losses and regulatory scrutiny following two airplane crashes in 2018 and 2019. Hundreds of undelivered aircraft are stashed around its factories and in storage yards, including around 330 Max and about 30 of the hulking 777X, which won’t enter the market until 2025, according to Ron Epstein, an analyst with Bank of America.
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U.S. Department of Commerce and Saudi Ministry of Commerce Announce Plan to Deepen Commercial Cooperation
The Work Plan aims to guide our cooperation in four areas, which were selected based on the U.S. and Saudi Arabia’s shared goals of open, prosperous markets and inclusive growth. These areas are: the green economy, strengthening the role of women and small medium enterprises (SMEs), promoting innovation, and increasing two-way investment.
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U.S. Department of Commerce and Saudi Ministry of Commerce Announce Plan to Deepen Commercial Cooperation
The Work Plan aims to guide our cooperation in four areas, which were selected based on the U.S. and Saudi Arabia’s shared goals of open, prosperous markets and inclusive growth. These areas are: the green economy, strengthening the role of women and small medium enterprises (SMEs), promoting innovation, and increasing two-way investment.
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China’s ‘Particle Beam Cannon’ Is a Nuclear-Power Breakthrough
In a typical fission reactor, atoms of heavy isotopes such as uranium-235 are broken apart, releasing energy. The process also releases extra neutrons, which collide with other atoms and break them apart in a chain reaction. The broken atoms are spent fuel that is cooled for a few years and then carefully stored for a few centuries. But a proposed new type of reactor built with this “cannon”—formally, a proton accelerator—could recycle this spent fuel, making it cheaper and safer to generate electricity.
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Saudi 2030 to expand art scene in Jeddah, Riyadh
A big black feathered animal traverses the space of the Arsenale at the Venice Biennale, the biggest event of the art world, where each country presents the very best of their art scenes. Called “The Teaching Tree,”,the petrol-colored creature is the artwork that Saudi Arabia has chosen. It’s 260 square meters of woven dried palm leaves dyed black, undulating thanks to a pneumatic machine, giving the impression of breathing. Saudi artist Muhannad Shono, one of the most active members of the growing Saudi art scene, conceived it as a visual metaphor for the country's socio-political and cultural transformation.
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Charl Schwartzel wins LIV Golf Invitational Series’ first event, pockets $4.75M
Schwartzel held on for a 1-shot victory at the inaugural LIV Golf event outside London to secure the $4 million prize for the individual victory -- along with another $750,000 from his share of the $3 million purse earned by his four-man Stinger team for topping the team rankings.
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LIV Golf: PGA Tour officially suspends golfers participating in inaugural event
As far as what happens now for the PGA Tour, Monahan added in the statement: "You probably have more questions. What's next? Can these players come back? Can they eventually play PGA TOUR Champions? Trust that we're prepared to deal with those questions, and we'll approach them in the same way we have this entire process: by being transparent and respecting the PGA TOUR regulations that you helped establish.
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Tales of the Bedouin – Part XIX: Journey to Meet The Son of Bathan
In this piece, Mark Lowey, known as “Abu Jack” (father of Jack) to his Saudi friends, is escorted deep into the Rub Al Khali (Empty Quarter) to meet, for the first time, the son of an old acquaintance. In Part 1, Abu Jack and his Saudi traveling companion, Quriyan Al Hajri (Abu Mohammed), are guided to a remote desert encampment. They pause two kilometers short of their goal to refresh themselves after a long day of travel. Finally, they start the car and proceed slowly towards the encampment. In the moonless early evening, a single, distant light draws nearer. Part 1
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White House lauds Saudi Arabia as ‘strategic partner’
“Saudi Arabia has been a strategic partner of the United States for eight decades. Every president since FDR [Franklin Delano Roosevelt] has met with Saudi leaders and the president [Biden] considers Saudi Arabia an important partner on a host of regional and global strategies,” White House Press Secretary Karine Jean-Pierre said.
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