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Reuters Photo Shows Iran’s Embassy in Riyadh Opening its Gates for First Time in 7 years
- April 13,2023
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- SUSTG Team
Iran’s embassy in Saudi Arabia opened its gates on Wednesday for the first time in seven years, a Reuters photo confirmed, as the two sides continued apace with the restoration of ties between them.
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With Saudi Delegation to Yemen’s Capital, Stakeholders Hope for Lasting Truce
- April 11,2023
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- SUSTG Team
Saudi Arabia’s ambassador to Yemen said on Monday he had traveled to the country’s Houthi-held capital to strengthen a truce and push dialogue that could end the country’s eight-year-old war, according to reports.
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Bilal Saab on U.S.-Saudi military cooperation, how the Kingdom is performing on its green initiative, and more
- April 7,2023
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- SUSTG Team
The 966 welcomes back onto the program Bilal Saab, political-military analyst on the Middle East and U.S. policy toward the region and Senior Fellow and Director of the Defense and Security Program at the Middle East Institute. The hosts ask Bilal about his recent piece, entitled “After Oil-for-Security: A Blueprint for Resetting U.S.-Saudi Security Relations.” Before […]
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Saudi Arabia Condemns Israeli Attack on Mosque, Following Developments with ‘Great Concern’ – Reports
- April 5,2023
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- SUSTG Team
Saudi Arabia on Wednesday condemned Israeli police’s “blatant” attacks on worshipers inside the al-Aqsa Mosque in Jerusalem during the Islamic holy month of Ramadan, after viral video showed Israeli forces beating worshippers inside the mosque.
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Challenges Remain for Investment into Saudi Arabia as FDI Falls 60% in 2022
- April 4,2023
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- SUSTG Team
Foreign direct investment (FDI) into Saudi Arabia fell by almost 60% in 2022, the first annual drop in five years and the second largest drop in more than 15 years, according to new data.
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Honeywell to open state-of-the-art regional manufacturing center in Saudi Arabia’s King Salman Energy Park
- April 3,2023
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- SUSTG Team
Honeywell signed a deal to open an advanced regional manufacturing center at the King Salman Energy Park (SPARK) — Saudi Arabia’s new energy industrial zone, according to a press release.
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Understanding the Saudi-Iran agreement with a trio of special guests: Saudi Embassy Spokesperson Fahad Nazer, CSIS’ Dr. Jon Alterman, and Saudi Foreign Policy Expert Dr. Aziz Alghashian
- March 24,2023
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- SUSTG Team
Saudi Arabia and Iran recently agreed to normalize ties between the two regional powers after seven years. The 966 speaks with three top voices to understand the deal and the potential road ahead for Saudi Arabia, Iran, China, the United States, and other regional and global players.
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Iran’s Government Proposes Three Locations for Meeting of Foreign Ministers; Riyadh Reportedly Invites President to Visit
- March 20,2023
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- SUSTG Team
The Iranian government has proposed to Saudi Arabia three locations for a meeting of foreign ministers, according to Iran’s foreign minister, as the two countries move forward with re-establishing ties.
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White House and Embassy of Saudi Arabia release statements lauding ‘landmark’ purchase of Boeing aircraft
- March 15,2023
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- SUSTG Team
White House Press Secretary Karine Jean noted that the agreements will anchor Saudi Arabia’s new international airline together with support for a new international airport. The partnership is another milestone in eight decades of cooperation between Saudi Arabia.
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Saudi NEOM Green Hydrogen Co. Signs $8.5bn Finance Deals
- March 1,2023
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- SUSTG Team
Saudi-based NEOM Green Hydrogen Co. has signed finance agreements with several financial institutions totaling $8.5 billion, Arab News reports, to finance its clean energy facility.
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MUST-READS
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F-15SAAlsalam awarded $59.7M contract for Saudi F-15 upgrades
The contract, announced Tuesday by the Department of Defense, enables the continued shift to the F-15SA, which at the time of its debut was calledone of the most advanced F-15 variant ever built.
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Royal Saudi NavyUS awards $450m contract for MMSC production for Saudi Arabia
The deal will see Saudi Arabia acquire four surface combatants as part of a larger agreement with the US to improve global security and support economic progress.
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U.S.-TurkeyHow Turkish exporters plan to avoid impact of US trade wars
As US President Donald Trump forges ahead with his trade wars, Turkish businesspeople are working on a new strategy to boost sales to the United States. The plan involves the creation of a Turkish industrial zone in the United States, where unpackaged food products from Turkey will be packaged and put on the market. The exportation of goods in bulk is meant to duck tariffs and make Turkish products more competitive in the US market.
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Lockheed MartinLockheed awarded $450.7M contract for Saudi patrol ships
Lockheed Martin out of Baltimore, MD. has received a $450.7 million modification to an existing contract for production of four Multi-Mission Surface Combatant ships for the the Kingdom of Saudi Arabia.
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Israel-PalestineGCC warns against ‘serious consequences’ of US move, denounces Israeli actions in Gaza
Setting aside their differences, the six nations that make up the Gulf Cooperation Council (GCC) collectively condemned Israel’s targeting of unarmed Palestinian protesters and the United States’ relocation of its embassy to Jerusalem, which sparked the latest round of violence.
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Yemen Civil WarActivists Want to Use the British Courts to End Saudi Arabia’s War in Yemen
The U.K.-based Campaign Against Arms Trade was granted permission to appeal against a 2016 court decision that allowed Britain to continue the sale of arms to Saudi Arabia, which has led a military coalition against Yemen’s Houthi rebels since 2015.
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Benjamin NetanyahuPerspective: Actually, Netanyahu’s Speech Was A Warning — And Not For Trump
But the criticism, much of it from knowledgeable Israeli and global security circles, misses some of the less obvious yet very significant rationales behind the timing and content of what Netanyahu said. This was a one-two punch directed as much at Iran and Russia as at Trump.
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Gulf Bond IssuesTrade Wars and Bond-Offs: Side Effects of Tariffs and Tactical Borrowing Hit the Gulf
According to analysis on Bloomberg, Saudi Arabia may have sweetened its offer to investors to leave little room for allocations to the Qatari bond, and also to make sure that the Qatari bond will have to offer an equally high, if not higher, premium to be attractive.
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GCC ContractsGCC contracts worth $148bn to be awarded this year
Ventures Onsite claim construction contract wins will be worth $148.7bn (AED546.1bn). According to a white paper published by Dubai research house Ventures Onsite, building project contracts will dominate the market, followed by energy and infrastructure construction deals.
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IsraelIsrael admits bombing suspected Syrian nuclear reactor 10 years ago ‘to send a warning to others’
Israel has admitted bombing a suspected Syrian nuclear reactor a decade ago in a move that it said was a warning to others.
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