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Back in a Business Suit, Deputy Crown Prince Mohammed bin Salman and Delegation Sign Agreements with Six Flags, Cisco Systems
- June 21,2016
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- Lucien Zeigler
Saudi Arabia has signed partnership agreements with theme park company Six Flags Entertainment and Cisco Systems during a visit by Deputy Crown Prince Mohammed bin Salman and his accompanying delegation to Silicon Valley this week as Saudi Arabia looks to boost its business and commercial ties with the United States. The prince was shown wearing a gray […]
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Deputy Crown Prince Mohammed bin Salman Meets with President Obama, Receives Praise for “Vision 2030”
- June 20,2016
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- Lucien Zeigler
Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman met with President Obama on Friday at the White House to discuss regional and economic issues with the President, Vice President and other members of Obama’s cabinet. The President “commended” Prince Mohammed’s “Vision 2030” plans to reform Saudi Arabia’s economy and society, according to a readout. “The […]
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Deputy Crown Prince Mohammed bin Salman Meets with Defense, U.S. Chamber of Commerce Officials
- June 17,2016
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- SUSTG Team
U.S. Defense Secretary Ash Carter hosted an enhanced honor cordon yesterday to welcome Deputy Crown Prince Mohammed bin Salman, Saudi Arabia’s defense minister, at the Pentagon in Washington, D.C. The two leaders and other defense officials from both the U.S. and Saudi Arabia met “for a series of constructive meetings and briefings,” the Pentagon said in […]
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Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman Receives Praise on Capitol Hill in Washington for Ambitious Economic Reforms
- June 16,2016
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- Lucien Zeigler
Deputy Crown Prince Mohammed bin Salman visited congressional leaders in Washington on Wednesday to discuss diplomatic and regional issues and talk about Saudi Arabia’s new economic reforms. Prince Mohammed met with Sen. Tom Cotton (R-Arkansas) along with the Senate Armed Services Committee, including Sen. John McCain (R-Arizona) and Sen. Lindsey Graham (R-South Carolina) as well as […]
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King Salman, Deputy Crown Prince Mohammed Announce Inclusion of More Than 2,600 U.S. Students Into Scholarship Program on Arrival in Washington
- June 15,2016
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- Lucien Zeigler
Deputy Crown Prince Mohammed bin Salman used the occasion of his arrival to the United States this week to include an additional 2,600 Saudi students into the Custodian of the Two Holy Mosques Scholarship program, the visionary educational initiative created by the late King Abdullah that enables young Saudis to receive education and experiences abroad. […]
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Saudi’s New Minister of Commerce and Investment Dr. Majed Al-Qasabi to Meet with Business Leaders at U.S. Chamber of Commerce Today
- June 14,2016
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- Lucien Zeigler
Saudi Arabia’s New Minister of Commerce and Investment, Dr. Majed bin Abdullah Al-Qasabi, will meet with business and private sector leaders today at the U.S. Chamber of Commerce in Washington, D.C. The private roundtable discussion is part of the U.S.-Saudi CEO Summit initiative which is a partnership between the U.S. Chamber of Commerce and the […]
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Deputy Crown Prince Mohammed Bin Salman Arrives in Washington to Busy Schedule
- June 13,2016
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- SUSTG Team
Deputy Crown Prince Mohammed bin Salman lands in Washington, D.C. today with a tightly packed agenda planned for his 4-day visit in the nation’s capital. The Deputy Crown Prince who is also Minister of Defense and head of the powerful Council on Economic and Development Affairs (CEDA) will meet with U.S. Secretary of State, John Kerry, […]
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Saudi Arabia Scales Back Renewable Energy Targets, Eyes Natural Gas to Fuel Economy
- June 9,2016
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- Lucien Zeigler
Saudi Arabia is seeking to scale back previous plans to develop large-scale renewable energy resources and is instead opting to rely more heavily on natural gas to meet demand, according to Bloomberg’s Anthony DiPaola and other reports. “We know that Saudi Arabia has been looking for natural gas supplies for a number of years now,” […]
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As Vision 2030 Details are Rolled Out, International Banks and Others Look for Opportunities
- June 8,2016
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- Lucien Zeigler
International banks are jockeying for a role in Saudi Arabia’s plans to list part of state-owned Saudi Aramco for an Initial Public Offering (IPO), according to a report in Reuters. Financiers around the world are keen to cash in on a cornerstone of the recently-announced “Vision 2030” economic and social plan, with banks preparing for […]
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Saudi Arabia’s National Transformation Program Released
- June 7,2016
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- Lucien Zeigler and Richard Wilson
Saudi Arabia has unveiled its long-awaited National Transformation Program (NTP), a 112-page document outlining Saudi Arabia’s strategic objectives in achieving its previously-announced “Vision 2030” initiative as well as identifying the challenges faced by government bodies in the economic and development sectors. “The National Transformation Program is one of the executive programs supporting Vision 2030. The program […]
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Saudi Arabia sends first aid truck convoy to Syria
Sixty trucks passed the Jaber Border Crossing in Jordan in the first Saudi aid convoy aimed at assisting the Syrian people. The operation is managed by Saudi aid agency KSrelief. The trucks are preparing to enter Syria, carrying essential supplies such as food, shelter and medical assistance to help alleviate the difficult conditions faced by the Syrian people. Also on Sunday, a sixth airlift relief plane to Syria, operated by KSrelief, arrived at Damascus International Airport, the Saudi Press Agency reported.
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Saudi Arabia’s first ‘recycled road’ built in Al-Ahsa
The project, a collaboration with Al-Ahsa municipality and the National Center for Waste Management, incorporated waste material into the asphalt layers of a road in the Al-Ahsa governorate, following research by the authority to assess the performance of asphalt and gravel layers made from aggregates sourced from the municipality’s environmental landfill. Using recycled material in infrastructure projects supports the Kingdom’s goal of transitioning to a circular economy. The target is a 60 percent recycling rate for such waste by 2035, which “highlights the Kingdom’s commitment to environmental sustainability and efficient infrastructure development,” the SPA said.
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Impact of taxation on tobacco products prices in Bahrain, Saudi Arabia and United Arab Emirates
The 3 countries imposed more than 70% excise tax on tobacco products. Saudi Arabia, in addition, imposed the value added tax. This led to sharp price increases and less affordability in all the countries. In 2020, the affordability index in the Gulf Cooperation Council countries ranged from 1.3% in Kuwait to 3.8% in Saudi Arabia. However, affordability was still higher in these countries than in the rest of the world.
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A review of sugar-sweetened beverages taxation in Saudi Arabia and United Arab Emirates
Both countries implemented SSBs taxation consistently between 2015 and 2023, generating additional revenue and reducing obesity rates. The acceleration scenario estimates showed that SBB taxation could reduce overweight prevalence among children and adolescents (aged 5–19 years) from 38.2% in 2020 to 34.4% in 2030 in Saudi Arabia and from 37.0% to 34.6% in United Arab Emirates, and could reduce obesity rate by approximately 12.7% in Saudi Arabia and 9.5% in United Arab Emirates in the same period.
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German, French foreign ministers meet Syria’s new rulers in Damascus
The foreign ministers of Germany and France said they wanted to forge a new relationship with Syria and urged a peaceful transition as they met its de facto leader Ahmed al-Sharaa in Damascus on Friday on behalf of the European Union. Germany's Annalena Baerbock and France's Jean-Noel Barrot are the first ministers from the EU to visit Syria since rebels seized control of Damascus on Dec. 8 and forced President Bashar al-Assad to flee after more than 13 years of civil war, ending his family's decades-long rule. Their trip is meant to send a message of cautious optimism to the Islamist rebels led by Sharaa's Hayat Tahrir al-Sham (HTS), showing an openness to acknowledging the new rulers while also urging moderation and respect for minorities' rights.
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Texas man who backed Islamic State acted alone in New Orleans attack, FBI says
A U.S. Army veteran who killed 14 people by ramming a truck into a crowd of New Year's Day revelers in New Orleans had pledged allegiance to Islamic State and appeared to have made recordings in which he condemned music, drugs and alcohol. Shamsud-Din Jabbar, a 42-year-old Texas native who once served in Afghanistan, acted alone in the attack, the FBI said on Thursday, reversing an earlier assessment that he may have had accomplices. He was killed in a shootout with police after the rampage, which also injured dozens of people and has been labeled by the FBI as an act of terrorism. "It was premeditated and an evil act," FBI Deputy Assistant Director Christopher Raia told a press conference on Thursday, reaffirming the bureau's conclusion that Jabbar was inspired by Islamic State, the militant group with fighters in Iraq and Syria.
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Riyadh’s King Khalid Airport named world’s most on-time large and global airport
Riyadh’s King Khalid International Airport has been named winner in both the ‘Large’ and ‘Global’ Airport categories in Cirium’s 2024 On-Time Performance report. It was a double celebration for Saudi Arabia as Saudia was a close runner-up with 86.35 per cent among the airlines. Saudi was second only to Aeromexico, Mexico’s flag carrier, which was named the most On-Time ‘Global Airline’ in 2024 with a 86.7 per cent on-time rate. American giant Delta Air Lines secured third place with 83.46 per cent. Qatar Airways, with 82.83 per cent on-time arrivals and 82.56 per cent on-time departure, was placed fifth globally, one place behind LATAM Airlines at fourth.
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Senior Saudi officials meet new Syrian counterparts in Riyadh
Saudi Arabia’s Defense Minister Prince Khalid bin Salman and Foreign Minister Prince Faisal bin Farhan met their new Syrian counterparts during a trip to Riyadh. Syrian Foreign Minister Asaad Hassan al-Shibani met Prince Faisal at the Saudi Foreign Ministry before the pair joined a larger meeting with Prince Khalid. “We discussed developments in Syria and explored ways to support the transitional political process in achieving the Syrian people’s aspirations for security, stability, and unity,” Prince Khalid said after their meeting.
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More young footballers interested in Middle East move ahead of Saudi Arabia World Cup
Birmingham-born Brad Young now lives and plays football in Saudi. The 21-year-old left the Welsh first tier to join Saudi Pro League (SPL) side Al-Orobah in September and said the league is among the world's top five. "All the big players are starting to come here," Brad told Sky News. "The league is growing and obviously it's good for me to get that learning experience off the experienced players." "These players are all experienced and they know their stuff like when you make runs off the back of defenders, they block you, they've got that experience. "So, you have to regroup and learn how to play against them. You've got to think smart and think better."
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Saudi Al Qadsiah sign Brazilian teenager Gabriel Carvalho
Saudi Pro League's Al Qadsiah announced on Thursday the signing of 17-year-old Brazilian attacking midfielder Gabriel Carvalho from Internacional. Carvalho, the latest transfer into a lucrative league featuring the likes of Cristiano Ronaldo and Karim Benzema, is set to join his new team in the summer. “Gabriel Carvalho signed for Al Qadsiah. He will join in August during the summer transfer window,” the third-placed club said on the X social media platform.
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