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Russia’s Putin Arrives in Saudi Arabia to Discuss Oil Market Stability, Regional Tensions
- October 14,2019
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- SUSTG Team
Russia’s President Vladimir Putin is in Saudi Arabia to visit with top Saudi leaders, his first trip to the Kingdom in over a decade. The visit is a sign of Russia’s “growing Middle East clout,” Reuters reports, as tensions brew in regional hotspots where Russia and Saudi Arabia’s interests diverge. Putin will sign oil agreements, which will […]
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Range of ‘Positive Developments’ Seen in Latest Saudi Economic Data for August 2019
- October 1,2019
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- SUSTG Team
Economic data for Saudi Arabia for the month of August revealed a number of “positive developments” in several areas, according a recently-released monthly chartbook report by Jadwa Investment. The Riyadh-based bank noted that POS transactions rose by 18 percent year-on-year, while non-oil PMI index edged up, and cement sales and production rose by 12 percent and […]
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Britain, France, and Germany Join U.S. in Blaming Iran for Attacks
- September 24,2019
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- SUSTG Team
Britain, France and Germany have joined the United States in blaming Iran for recent attacks on key Saudi Arabia oil facilities, according to reports, issuing a joint statement Monday on the sidelines of the United Nations General Assembly. “We condemn in the strongest terms the attacks on oil facilities on Saudi territory on September 14th, 2019 in Abqaiq […]
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Brazen Attacks on Key Saudi Oil Facilities Knock Half of Daily Saudi Production Offline, Place Region on Edge
- September 16,2019
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- SUSTG Team
In the early hours of Saturday morning, two of Saudi Arabia’s most important oil facilities were brazenly attacked and set ablaze, causing a disruption of half of Saudi Arabia’s total daily oil production and 5% of the world’s crude supply and throwing the tense region into greater risk of conflict. The attacks on Saudi Arabia hit […]
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Saudi Arabia Names New Energy Minister, Appointing Royal with Deep OPEC Experience
- September 9,2019
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- SUSTG Team
Saudi Arabia has named a new energy minister in Prince Abdulaziz bin Salman, a son of King Salman and older half brother of Crown Prince Mohammed bin Salman, to replace Khalid Al-Falih. Abdulaziz bin Salman is the first member of the royal family to serve as oil minister in Saudi Arabia, a break from longstanding […]
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Saudi Arabia Announces Six Flags Qiddiya with Plans for the World’s ‘Longest, Tallest and Fastest Roller Coaster’
- August 27,2019
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- SUSTG Team
Saudi Arabia has unveiled the official park design for Six Flags Qiddiya, a family-oriented theme park currently under construction just outside of Riyadh. The announcement, along with a website for the future park, said that Six Flags Qiddiya will feature “a number of record-breaking roller coasters, unique thrill experiences, incredible live shows and more arranged into 6 […]
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Saudi Embassy Responds to Misinformation in U.S. Election Debates
- August 8,2019
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- SUSTG Team
The spokesperson for the Saudi embassy in Washington, Fahad Nazer, responded to “worrisome and false” allegations being made by U.S. politicians against Saudi Arabia as the 2020 election cycle gears up. Nazer sought to “set the record straight” especially on accusations connecting Saudi Arabia with Al-Qaeda made by longshot Democratic candidate, representative Tulsi Gabbard from Hawaii. […]
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‘History in the Making’: Saudi Arabia Allows Women to Travel Independently; Enacts Other Reforms
- August 5,2019
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- SUSTG Team
Saudi Arabia’s decision to allow women to travel independently is being hailed a historic leap for gender equality in the Kingdom as women celebrate their new rights and freedoms enacted under King Salman and Crown Prince Mohammed bin Salman. “The new regulations are history in the making,” Princess Reema Bint Bandar, Saudi Arabia’s first woman ambassador […]
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Saudi Binladen Group Seeks Restructure Advisor for Billions of Debt – Report
- July 31,2019
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- SUSTG Team
The Saudi BinLaden Group is seeking an advisor to help the troubled company restructure as much as $20-$30 billion in debt, according to a new report in Reuters. The once-dominant construction company in the Kingdom that has fallen on hard times is now looking for a comeback. In late 2017, the Saudi government, through a Finance-ministry […]
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Saudi Arabia in talks with ‘regional and global investors’ for Qiddiya, the Kingdom’s mega entertainment and sports city – report
- July 24,2019
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- SUSTG Team
Saudi officials are engaged in talks with “regional and global investors” for the Kingdom’s first mega entertainment and sports city that’s being developed as part of the kingdom’s plans for life after oil, Bloomberg reports. The company is looking at options for investment including “joint ventures, land leasing and privatization to fund the project,” according to comments from the company’s […]
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SyriaU.S. adds companies to economic blacklist for providing WMD activity support in Syria
The U.S. Commerce Department on Wednesday added more than a dozen companies and individuals to its trade blacklist for allegedly providing material support to chemical and biological weapons activity in Syria and diverting U.S. items to Iran without authorization.
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TurkeyTurkey Gathered Information in the U.S. Against Its Critics
The documents underscore Ankara’s intense antipathy toward individuals and groups it sees associated with Fethullah Gulen, an Islamic cleric who leads a world-wide political movement from exile in rural Pennsylvania.
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IranThe ball is in Iran’s court on talks, senior U.S. energy official says
The International Atomic Energy Agency revealed on Monday that Iran is enriching uranium at its heavily fortified underground Fordow site and speeding up enrichment generally.
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IranU.S. Has Taken Two Million Barrels of Iranian Oil Off the Market
U.S. Assistant Secretary of State for Energy Francis Fannon discusses the waivers that let Iraq import oil from Iran, the impact of sanctions on Iran, and the pending Saudi Aramco IPO. He speaks with Bloomberg's Manus Cranny on the sidelines of the Abu Dhabi International Petroleum Exhibition & Conference.
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U.S.-TurkeyTurkey should scrap Russian missile system or face U.S. sanctions: White House official
His comments came ahead of a visit by Turkish President Tayyip Erdogan to Washington on Nov. 13 to meet U.S. President Donald Trump for likely crucial talks as the two NATO allies have been at loggerheads over a range of issues.
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Saudi Students3 Saudis Charged With Smuggling Gun Parts From U.S.
Alsufyani and Alzahrani allegedly conspired between 2014 and 2018 to smuggle firearms parts from the U.S. to Saudi Arabia by falsely identifying rifle barrels, rifle triggers and other items as “shower curtain rods” or “car parts,” according to a news release.
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Family LawIn Reversal, Saudi Court Grants U.S. Woman Shared Custody of Daughter
Bethany Vierra, an American who married a Saudi, said a court ruling gave her joint custody of their daughter and the right to travel with her abroad.
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Turkey in the RegionErdogan says U.S. not fulfilling Syria deal ahead of Trump talks
Turkish President Tayyip Erdogan said on Thursday the United States was not fulfilling its pledge to remove a Kurdish militia from a Syrian border region and he will raise the issue when he meets President Donald Trump next week.
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Castle BlackPerspective: Winter is coming for the U.S. military
According to the Pentagon's official inventory of bases, the Department of Defense (DoD) "manages a worldwide real property portfolio" that spans 45 foreign countries. All told, there are 514 official "DoD sites" overseas, the majority of them in Germany (194 sites), Japan (121 sites), and South Korea (83 sites).
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U.S.-TurkeyTurkey’s Erdogan may call off U.S. trip after Congress votes: officials
Erdogan is due in Washington on Nov. 13 at President Donald Trump’s invitation, but said last week that the votes put a “question mark” over the plans.
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