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Third Monthly Issue of Domestic Sukuk Raises $1.9 Billion, Finance Ministry Says
- September 19,2017
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- SUSTG Team
Saudi Arabia’s finance ministry issued 7 billion riyals ($1.9 billion) of Islamic bonds in its third monthly issue of domestic sukuk, the ministry said Monday. Reuters reports the issue comprised 2.4 billion riyals ($640 million) of five-year sukuk, 3.9 billion riyals ($1.04 billion) of seven-year and 0.7 billion riyals ($190 million) of 10-year sukuk. Bids for […]
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Conflicting Reports on Delay of Saudi Aramco IPO ‘By a Few Months’ as Key Decisions Remain
- September 14,2017
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- SUSTG Team
Bloomberg reported Wednesday that Saudi Aramco is “preparing contingency plans for a possible delay” to the initial public offering of its state-owned oil company “by a few months into 2019,” citing people familiar with the matter. The offering of part of Saudi Aramco is the most visible of the key pieces of the Kingdom’s Vision 2030 economic and social reform […]
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Ambassador Prince Khaled bin Salman Phones Tex. Gov Abbott to Express Saudi Support after Harvey as Students Pitch In
- September 5,2017
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- SUSTG Team
Saudi Arabia’s Ambassador to the United States Prince Khaled bin Salman telephoned Texas Governor Greg Abbott to confirm that Saudi Arabia supports the American people following the disaster of Hurricane Harvey. Harvey, which flooded many parts of Texas and Louisiana and caused dozens of deaths and billions in damage, was one of the worst storms to […]
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New Saudi Ambassador Prince Khaled bin Salman Gives Interview to Washington Post
- August 8,2017
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- SUSTG Team
Saudi Arabia’s new ambassador to Washington Prince Khaled bin Salman, son of the current king and the brother of the new crown prince, gave an interview to the Washington Post‘s Lally Weymouth last week which appeared in the newspaper today. The interview is his first as ambassador, having presented his credentials to President Trump on […]
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Saudi, UAE Crown Princes Forged Friendship on Overnight Camping Trip in the Saudi Desert Last Year, WSJ Report Says
- August 7,2017
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- SUSTG Team
Saudi Arabia’s Crown Prince Mohammed bin Salman and the Crown Prince of the UAE Sheikh Mohammed bin Zayed took an overnight camping trip in the Saudi desert together 18 months ago, forging a friendship that would prove to be pivotal as the two nations build on relations to take on regional challenges, the Wall Street Journal […]
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With Riyadh Metro Progressing, Bechtel Eyes Mining Sector Growth as Saudi Arabia Diversifies
- August 2,2017
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- SUSTG Team
Bechtel, the construction company behind some of the world’s largest and most impressive megaprojects, is eyeing growth in Saudi Arabia’s mining and minerals sector, according to reports and quotes by the company’s Saudi Arabia country manager. “Mining and metals is something that is of extreme interest to us,” said Abdulrahman Al Ghabban, who was appointed […]
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Iraq’s Moqtada al-Sadr Visits Jeddah, Meets with Crown Prince Mohammed bin Salman
- July 31,2017
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- SUSTG Team
Iraq’s influential Shi’ite cleric Moqtada al-Sadr made a rare visit to Saudi Arabia on Sunday, where he met the Saudi crown prince and other officials, according to the SPA and Reuters. It is the first visit by the powerful anti-American Shi’ite cleric in 11 years. Al-Sadr is the leader of the Sadrist Movement and the leader of Saraya […]
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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 […]
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Tillerson Engages in Shuttle Diplomacy to Mend GCC Fences
- July 13,2017
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- SUSTG Team
After failing to reach a breakthrough with the Saudi-led group of four countries that have cut ties with Qatar, Secretary of State Rex Tillerson has returned to Doha to continue his shuttle diplomacy in hopes of putting an end to the weeks-long rift. The Saudi-led group accuses Qatar of supporting terrorism and has given Doha […]
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Saudi Arabia and Qatar Continue Standoff as Crisis Deepens
- June 28,2017
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- SUSTG Team
The diplomatic standoff between Saudi Arabia and Qatar continued to deepen yesterday as the respective foreign ministers of each nation sparred over the Kingdom’s 13 demands of Qatar. Saudi Arabia’s Foreign Minister Adel al-Jubeir said on Tuesday that there would be no negotiations over demands by the kingdom and other Arab states for Qatar. Asked by […]
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MUST-READS
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Saudi Aramco IPOSaudi Arabia Set to Sell Stake in Aramco Oil Giant by 2018
Saudi Arabia plans to sell a stake “of less than 5 percent” in the parent of its state-owned oil company, the kingdom’s deputy crown prince said, revealing details of a listing that could make it the world’s biggest publicly traded firm.
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Saudi AramcoSaudi Aramco Expanding Oil and Gas Projects Even With Low Prices
“Until now all of our downstream and upstream projects are continuous,” Nasser said. “No project in our programs got canceled.”
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Selling AssetsAnalysis: Selling Saudi Aramco: Necessity or Opportunity?
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Saudi AramcoSaudi Aramco starts producing gas at Hasbah field
Hasbah will provide up to 1.3 billion standard cubic feet per day (scfd) of gas while the adjacent Arabiyah field will provide around 1.2 billion scfd.
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Saudi-ChinaSaudi Aramco CEO says it’s time to make opportunities a reality for future generations
Saudi Aramco is partnering with Development Research Center, China’s leading think-tank, through an MOU to study further cooperation in the Belt and Road’s economic, trade and energy arenas.
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Saudi AramcoAfter Motiva split, Saudi Aramco aims to buy more U.S. refineries – sources
Saudi Arabia's national oil company wants to buy more U.S. refining and chemical plants to expand its footprint in the world's largest energy market once the break-up of its joint venture with Royal Dutch Shell Plc is complete, sources said.
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Ethane RecoverySaudi Aramco tenders for $500m Uthmaniyah gas treatment units
Saudi Aramco has launched a tender to build gas treatment units at Uthmaniyah, sources familiar with the matter said on Thursday, in a project expected to cost upwards of $500 million.
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Motiva SplitShell, Saudi Aramco to separate assets, including U.S. refinery
Royal Dutch Shell PLC and the state-owned Saudi Arabian Oil Company (Saudi Aramco) announced late Wednesday that they intend to split the assets of a U.S. venture that includes America’s biggest oil refinery.
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Women's Business TrainingSaudi Aramco, GE and TCS celebrate 2nd anniversary of Riyadh All-Women Center for Business Process and IT Services and milestone of creating 1,000 highly skilled jobs
Tata Consultancy Services, (NSE: TCS; BSE: TCS) along with its partners Saudi Aramco and GE (NYSE: GE), today celebrated the 2nd year anniversary of its Riyadh All-Women Center for Business Process and IT Services and the milestone of hiring 1,000 highly skilled employees.
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KAUST ResearchKAUST graduates lead the way in Saudi Aramco’s robotic research
KAUST News sat down with Pablo Carrasco Zanini, a KAUST graduate in mechanical engineering and current unit head of the Intelligent Systems Team.
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