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President Trump Calls King Salman, Urges End to Qatar Dispute
- April 4,2018
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- SUSTG Team
President Trump and Saudi Arabia’s King Salman spoke by phone yesterday and discussed a number of regional issues, according to a readout of the call and wire reports. On the call, Trump “emphasized the importance of resolving the Gulf dispute and restoring a united Gulf Cooperation Council to counter Iranian malign influence and defeat terrorists and […]
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Now West, Crown Prince Salman Meets with Tech Elite in Seattle
- April 2,2018
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- SUSTG Team
Saudi Arabia’s Crown Prince Mohammed bin Salman met with some of the world’s most prominent technology executives in Seattle this weekend as part of his three-week long official visit to the United States. The powerful millennial has prioritized technology as part of Saudi Arabia’s Vision 2030 social and economic reform blueprint, and has used the newly-empowered Public […]
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Saudi Arabia’s Swings for Fences With ‘Bold, Risky’ Solar Bet
- March 30,2018
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- SUSTG Team
Saudi Arabia and SoftBank signed a MOU to build a $200 billion solar power project this week in New York, dwarfing all other existing or planned projects in the world and placing the Kingdom and its 3,000 hours of sunshine a year into a global leadership position in the renewable energy field. The project, unveiled in New York this week […]
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Saudi Leadership Delighted at FTSE Inclusion for Tadawul; Billions Expected in Fresh Inflows
- March 29,2018
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- SUSTG Team
The Saudi Arabian stock market will join FTSE Russell’s emerging market index starting in March next year in a move that will likely bring billions of dollars of fresh investment into the Kingdom, Reuters reports. Saudi Arabia’s Crown Prince Mohammed bin Salman and Finance Minister Mohammed Al-Jadaan met with the Mark Makepeace, chief executive of […]
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Crown Prince Mohammed bin Salman Meets with U.N. Secretary General in New York
- March 28,2018
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- SUSTG Team
Crown Prince Mohammed bin Salman continued his active visit to the United States yesterday, attending a business meeting in New York with over 200 executives, and separately meeting with the Secretary General of the United Nations, Antonio Guterres. 200 top business leaders from the U.S. and Saudi Arabia – including two dozen women – assembled in […]
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Crown Prince Mohammed bin Salman visits Harvard, MIT in Boston
- March 26,2018
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- SUSTG Team
Crown Prince Mohammed bin Salman visited Harvard University and MIT in Boston, Massachusetts over the weekend to tour two of America’s premiere higher education campuses and talk about the importance of research and entrepreneurship to Vision 2030. The visit to Boston is the second stop in a weeks long tour across the United States, his first […]
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State Department Approves $1 Billion in New Military Sales to Saudi Arabia
- March 23,2018
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- SUSTG Team
The State Department approved a possible sale of $670 million in TOW 2B (BGM-71F-Series) missiles to Saudi Arabia, according to a release from the Defense Security Cooperation Agency (DSCA). Together, with a new $300 million sale for spare vehicle parts for the Royal Saudi Land Forces Ordnance Corps, the new deals announced amount to nearly $1 billion. Defense Secretary James Mattis on […]
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Crown Prince Mohammed bin Salman Kicks Off Two Week U.S. Visit Today with Meeting at White House
- March 20,2018
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- SUSTG Team
Saudi Arabia’s Crown Prince Mohammed bin Salman arrived in Washington, D.C. last night and will kick off a two week, multi-city U.S. tour with a meeting today at the White House. The Saudi embassy in Washington, D.C. issued a release providing further details on the trip, noting that in addition to meeting with President Trump […]
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Interview: Bechtel’s Millennial Saudi Country Manager Abdulrahman Al-Ghabban Discusses Company’s Activities and Ambitions in Vision 2030 Era
- March 19,2018
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- Lucien Zeigler
San Francisco-based Bechtel is one of the largest engineering, construction, and project management companies in the world, and it’s been doing business in Saudi Arabia for 75 years. Following the announcement of Saudi Arabia’s Vision 2030 economic and social reform plan, the company hired its first Saudi national as country head of its operations in the Kingdom […]
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Report Says ‘Comprehensive Solution’ for Yemen Civil War under Negotiation between Saudi Arabia, Houthis
- March 16,2018
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- SUSTG Team
Saudi Arabia and armed Houthi forces are holding heretofore secret talks to try to end the three-year-old war, diplomats and Yemeni political sources told Reuters. Two diplomats and two Yemeni officials said Houthi spokesman Mohammed Abdul-Salam had been in direct communication with Saudi officials in Oman on a “comprehensive solution” to the conflict, the report said. “There are consultations […]
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MUST-READS
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Saudi Arabia announces Riyadh Declaration for inclusive, innovative and impactful AI for all
He said the declaration focused on AI with its inclusive, innovative and impactful dimension, and emphasizes the need for use of AI technologies to enable digital access and enhance digital knowledge, as well as address global challenges and unleash global economic value. The declaration also emphasized the AI role in increasing digital accessibility and digital literacy, promoting sustainable development, protecting environment, improving public health, and boosting economic inclusion. Alswaha also pointed out that the Kingdom, under the leadership of the Crown Prince, has adopted a proactive approach in the field of AI, and stressed that the Kingdom's Vision 2030 is clear and based on the commitment to lead the global transformation in this field by example.
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Saudi pharma industry capacity surpasses local demand, targets regional role: Alkhorayef
Pharmaceuticals are among the key industries prioritized in Saudi Arabia, with the Kingdom's capabilities in this sector surpassing local demand, Minister of Industry and Mineral Resources Bandar Alkhorayef said. Speaking at a press conference today, Dec. 17, in Cairo, Egypt, the minister emphasized Saudi Arabia's efforts to establish itself as a regional hub for pharmaceutical industries to serve the wider region. He underscored the importance of collaboration with Egypt to explore industrial integration in the pharmaceutical sector, leveraging the expertise of both countries and developing joint projects aimed at reducing reliance on imports, particularly for raw materials.
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Saudi Arabia spotlights private sector’s role in driving logistics transformation
Saudi Arabia’s private sector is playing a pivotal role in driving the Kingdom’s transformation into a global logistics hub, a top official said. Speaking at the sixth edition of the Supply Chain And Logistics Conference in Riyadh, Rumaih Al-Rumaih, vice minister of transport and logistics services and president of the Transport General Authority, highlighted the critical contributions from businesses. “The main player in achieving anything in the logistics sector is the private sector. Truly, the private sector is the one delivering results. The government’s role is to enable,” Al-Rumaih said.
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FIFA chief Infantino warned by EU lawmakers over Saudi Arabia World Cup
Members of the European Parliament delivered a stern warning to world football governing body FIFA over the 2034 men’s World Cup to be held in Saudi Arabia, according to a letter obtained by POLITICO. “We are writing to express our grave concerns regarding the decision to award the 2034 World Cup to Saudi Arabia,” read the letter, which was signed by 30 EU lawmakers and addressed to FIFA President Gianni Infantino. Saudi Arabia, which has been criticized by human rights groups over its treatment of migrant workers and LGBTQ+ people, easily won the right to host the world’s most prestigious football tournament during a meeting of the FIFA Council last week.
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The Gulf’s Evolving Energy Landscape: Saudi Arabia’s Energy Policy and a Transition to the Post-Oil Era
Transitioning from an oil-dependent economy poses significant challenges for the Kingdom’s foreign policy, as well. Saudi Arabia finds itself in various push-and-pull relationships across the wider Middle East, all of which are complicated by heightened tensions, proxy wars, and shifting alliances. This report provides an overview of the main challenges ahead for the Saudi government and offers recommendations to maintain a healthy course in the changing energy landscape of a volatile region. Taking the reader through a journey from the role of oil in the Saudi economy to renewable energy outlook and geopolitical challenges, the following pages provide a comprehensive approach to economic diversification and energy transition in the Kingdom. The report explores Saudi strategic initiatives under Vision 2030, the country’s pivotal role in the geopolitics of global energy markets, and its forward-looking energy roadmap that collectively aim to secure a prosperous, sustainable future in the post-oil era.
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Saudi Arabia sets sights on becoming lacrosse power, with 2028 LA Olympics on horizon
Having thrown its significant resources into gaining influence in football, golf, boxing and tennis, Saudi Arabia has now set its sights on becoming a power in the world of lacrosse. And officials said they expected to become competitive over the next few years, despite the new head of the game in the desert kingdom admitting “99 per cent of all Saudi people” didn’t know anything about the sport. Ray Porcellato, the new CEO of the Saudi Lacrosse Federation, who began his new role in June, said the biggest hurdle was “getting people to understand what it [lacrosse] is, and the biggest challenge to development was being able to “expose young children” to the game.
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Trump returns to a profoundly different Middle East
In the urgent first quarter of 2025, the new US administration is going to have to focus on how to maximize the opportunity while minimizing the risk stemming from the sudden collapse of the Assad regime in Syria. Assad and his father before him cast a long and dark shadow over the Levant for the past half century; the regime’s collapse is a cause of intense and bittersweet celebration for Syrians but also an enormous chance for the region. Trump may have used ALL CAPS to say that the US has no interest in Syria, but that is simply not the case. A successful transition in Syria will consolidate Iran’s and Russia’s defeat and departure from the heart of the Middle East, offering Syrians an opportunity to build stability and economic development for themselves and allowing their regional neighbors to do the same.
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Post-Assad Syria presents a more complex, nuanced, and urgent challenge to a second Trump administration
A political transition is currently underway in Damascus, run by Hayat Tahrir al-Sham (HTS) — a group that remains a designated terrorist organization in the United States. Notwithstanding the significant complications that HTS’s role presents, the transition itself has been remarkably efficient, constructive and stabilizing — at least for now. After three days of face-to-face working consultations between Assad’s prior cabinet and the HTS-linked Salvation Government in Damascus, a formal handover has now taken place. Civil servants and public-sector workers are back at work, and Syria’s airports will soon be re-opened. Almost every government in the Middle East now has diplomatic communication with HTS and its transitional body, and Syria’s diplomatic missions are all still at work, having hoisted the green revolutionary flag. Even Assad’s hand-picked ambassador to the United Nations is now issuing formal letters to the UN Security Council under the new HTS-led authority.
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Geostrategic shifts have deepened divisions between Arab Gulf states and Israel, challenging assumptions for Trump II
The conventional wisdom is that Donald Trump’s second administration will seek to follow the same Middle East playbook as during its first term, emphasizing support for Israel and its anti-Iran coalition with Gulf partners as well as anticipating that Gulf leaders will continue to demonstrate little regard for Palestinian interests while pursuing normalization agreements with Jerusalem. Dramatic shifts in conditions and the balance of power in the region may make that plan inoperable.
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Saudi Arabia has extracted lithium from oilfield runoffs, vice minister says
Saudi Arabia has successfully extracted lithium from brine samples from national giant Aramco's oilfields and plans to launch a commercial pilot programme for direct extraction soon, the Saudi vice minister of mining affairs said on Tuesday. Lithium Infinity, also known as Lihytech, a start-up launched out of King Abdullah University for Science and Technology, will lead the extraction project with cooperation from Saudi mining company Ma'aden and Aramco, Khalid al-Mudaifer told Reuters. "They are extracting lithium through their new technology they have developed in King Abdullah University for Science and Technology and they are in accelerated development in this regard," he said. "They're building a commercial pilot at the oil fields. So the brines that come out of the field will feed into this commercial pilot on a continuous basis,” added Al-Mudaifer.
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