Recent stories from sustg

• Report: Locations Scouted for Potential Nuclear Power Plant Sites in Saudi Arabia
  • January 25,2018

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  • SUSTG Team
   

  Saudi Arabia is eying initial work on two sites for its first nuclear power plants, a report in MEED said, as the Kingdom looks to bolster alternative sources of energy to free up oil for export and power the growth needed for its Vision 2030 program. The kingdom has shortlisted two sites “and has invited […]

   
• Citigroup Saudi Arabia to be ‘Fully Operational’ in 1Q 2018
  • November 15,2017

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  • SUSTG Team
   

  Citigroup will be “fully operational” in Saudi Arabia in the first quarter of 2018 after an absence of more than a decade, according to reports, as it seeks to capitalize on opportunities in debt and equity capital markets. The new business will be branded as Citigroup Saudi Arabia and will offer a full range of investment banking, debt […]

   
• Saudi Arabia Allows Foreign Investors into Local IPOs, Hopes to List Aramco on Tadawul
  • October 26,2017

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  • SUSTG Team
   

  Foreign investors are now able to participate in initial public offerings (IPO) on companies listed on the Nomu (parallel) market in Saudi Arabia, according to reports based on comments from Saudi Arabia’s Capital Market Authority (CMA) chairman Mohammed El Kuwaiz. El Kuwaiz said Thursday that foreign investors can take part in company flotations when asked about the […]

   
• Trump, King Salman Discuss Qatar Crisis in Phone Call
  • August 31,2017

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  • SUSTG Team
   

  U.S. President Donald Trump spoke with Saudi King Salman on Wednesday and urged “all the parties in the Qatar dispute” to find a diplomatic resolution to end the crisis, according to a White House statement. According to a White House readout of the call, President Trump and King Salman “discussed the need to defeat terrorism, cut off […]

   
• OPEC Discipline Partly to Blame for Oversupply, but Saudi Leadership May Boost Prices
  • July 25,2017

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  • SUSTG Team
   

  Jadwa Investment’s recently released quarterly oil market update for Q2 2017 questions if discipline within OPEC is waning as oil’s price continues to stay low on international indices as high supply persists, but recent moves by Saudi Arabia in Russia this week indicate action is forthcoming to curb supply. Oil prices declined by 8 percent […]

   
• President Trump Approves Credentials of New Saudi Ambassador to the U.S. Prince Khaled bin Salman
  • July 24,2017

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  • SUSTG Team
   

  US President Donald Trump received at the White House on Friday newly appointed Saudi ambassador Prince Khaled bin Salman bin Abdulaziz to approve his credentials as an official diplomat to Washington. Prince Khaled is the 10th Ambassador of Saudi Arabia to the US since 1945. According to the London-based Saudi newspaper Asharq Alawsat, US political analysts believe […]

   
• Blockade of Qatar Continues as Response to Demands Viewed as ‘Negative’
  • July 6,2017

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  • SUSTG Team
   

  The foreign ministers of four Arab countries led by Saudi Arabia said they regretted Qatar’s “negative” response to their list of demands and said the blockade of the country would continue. Saudi Arabia, Egypt, Bahrain and the UAE severed ties with Qatar last month and Saudi Arabia has closed its airspace and land border with […]

   
• Gulf Spat Following President Trump’s Visit to Saudi Arabia Tests GCC Unity
  • May 31,2017

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  • SUSTG Team
   

  Tensions continue to run high for a sixth straight day in the GCC between Saudi Arabia and Qatar regarding relations with regional rival Iran, according to reports. Despite a strong show of unity for the recent visit of President Trump to the Kingdom, “[t]ensions in the Gulf were laid open for a sixth day, with […]

   
• New Life for the 15 Year Old Abdullah Arab Peace Initiative?
  • May 24,2017

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  • SUSTG Team
   

  At a summit in Beirut in March 2002, then-Saudi Crown Prince Abdullah unveiled an initiative to achieve peace between Israelis and Palestianians. The Arab Peace Initiative set out a comprehensive proposal calling for full Israeli withdrawal from all the Arab territories occupied since June 1967, Israel’s acceptance of an independent Palestinian state with East Jerusalem as […]

   
• Riyadh Summit 2017: Website Launched for Upcoming Events Connected to President Trump’s Visit to Saudi Arabia
  • May 16,2017

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  • SUSTG Team
   

  A website has been launched detailing the events connected to the arrival of President Donald Trump to Riyadh, Saudi Arabia, his first visit abroad as President. The ‘Riyadh Summit 17′ is a series of events over two days to highlight U.S.-Saudi and Islamic relations. The website URL is https://www.riyadhsummit2017.org/. “The Kingdom of Saudi Arabia welcomes President […]

   
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