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Major U.S. $7.9 Billion Weapon Sales Plans Include $3.51b in Chinooks to Saudi Arabia
- December 9,2016
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- SUSTG Team
The Defense Security Cooperation Agency (DSCA) has approved five notifications of weapon sales to Congress, including 48 Chinook Cargo Helicopters for Saudi Arabia, Apache helicopters for the United Arab Emirates and TOW missiles for Morocco, according to reports. The estimated cost for the Saudi purchase is $3.51 billion. The Defense Security Cooperation Agency delivered the required […]
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Saudi Prince Alwaleed bin Talal: ‘Stop the Debate…It’s Time for Women to Drive’ in Saudi Arabia
- November 30,2016
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- Lucien Zeigler
In a 4-page essay entitled, “It’s High Time Women Started Driving Their Cars,” billionaire Saudi businessman Prince Alwaleed bin Talal urged an end to the debate about women’s driving in Saudi Arabia. The essay is as much a short treatise on modern Saudi feminism and the progress of women’s rights in the Kingdom as it […]
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Candor from High-Ranking Saudi Ministers on Economy Latest Example of Increased Transparency
- October 24,2016
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- SUSTG Team
Several high-ranking officials and Ministers in Saudi Arabia discussed the state of the Kingdom’s economy on a popular television show last week, according to Bloomberg, in what amounted to “an unusual attempt by a government not known for transparency to promote its plan to cope with the plunge in oil prices.” “Saudis who switched on a […]
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Ematah (Removal) Campaign Addresses Saudi Litter
- August 18,2016
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- Richard Wilson
The ‘Crying Indian’ was one of the most iconic images on American television in the 1970s. Produced by the Keep America Beautiful organization it featured Iron Eyes Cody as a Native American distraught over the amount of pollution and litter there was in the United States. Litter was a significant issue in America at the […]
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Saudi Arabia Confirms Cooperation with Germany to Investigate, Prevent Terrorist Attacks
- August 8,2016
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- SUSTG Team
Saudi Arabia’s has confirmed it was working with German investigators to track Islamist militants behind bomb and axe attacks in July. The news was originally reported by the German outlet Der Spiegel and confirmed in rare comments by a Saudi spokesman. A spokesman for the Saudi interior ministry, General Mansour al-Turki, said Saudi and German security experts […]
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G.E., Aramco Ventures Pump $52m into Boston-Area 3D Printing Startup
- July 6,2016
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- SUSTG Team
General Electric Ventures and Saudi Aramco Ventures have led an investment of $52m in total funding into a Boston-based 3D printing device company, Desktop Metal. Desktop Metal aims to bring “an everyday-use metal 3D printing solution to the workspace of every engineering team,” according to CEO Ric Fulop. Boston Business Journal reports that the investment from […]
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Back in a Business Suit, Deputy Crown Prince Mohammed bin Salman and Delegation Sign Agreements with Six Flags, Cisco Systems
- June 21,2016
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- Lucien Zeigler
Saudi Arabia has signed partnership agreements with theme park company Six Flags Entertainment and Cisco Systems during a visit by Deputy Crown Prince Mohammed bin Salman and his accompanying delegation to Silicon Valley this week as Saudi Arabia looks to boost its business and commercial ties with the United States. The prince was shown wearing a gray […]
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Comprehensive Document Outlining Saudi Arabia’s Counterterrorism Strategy, Successes Released
- May 26,2016
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- Lucien Zeigler
The Embassy of Saudi Arabia in Washington has distributed a comprehensive document outlining the Kingdom’s efforts to fight terrorism. The detailed publication was distributed to Congress as debate regarding the September 11, 2001 terrorist attacks heat up following the recent unanimous Senate vote to pass the Justice Against Sponsors of Terrorism Act (JASTA) bill. The Kingdom […]
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Report: $7.9 Billion Bid for KAFD by Saudi Arabia’s Public Investment Fund
- May 25,2016
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- SUSTG Team
Saudi Arabia’s Public Investment Fund (PIF) is reported to be prepared to make an offer for the King Abdullah Financial District (KAFD), situated between downtown Riyadh and the city’s King Khalid International Airport. The offer, reported by Bloomberg citing unnamed sources, is 30 billion riyals ($7.9 billion) — the amount already spent on KAFD by the Saudi Public […]
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How Riyadh’s King Abdullah Financial District’s Future Has Shifted
- May 11,2016
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- SUSTG Team
Riyadh’s unfinished King Abdullah Financial District (KAFD) located halfway between downtown Riyadh and King Fahd International Airport is headed for new ownership and a revised master plan. KAFD – the city within a city that was originally designed to be home to the Kingdom’s banks and international financial houses – will soon be owned by […]
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MUST-READS
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AirspaceSaudi airline changes flight routes to avoid Iran’s airspace
The airline says it's a precautionary measure for aviation safety, and Saudi-owned Al Arabiya news channel says the airline's decision affects flight routes over the Gulf of Oman and the Strait of Hormuz.
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OPEC+Oil Price Recovery Gives OPEC and Allies Some Breathing Space
The price reflects tighter fundamentals thanks to the high level of discipline by the majority of the 24 producers that signed up to an agreement in 2018 to cut oil production by a combined 1.2 million barrels per day (mb/d) from January 2019.
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Space TechnologyDefense priorities boost Gulf states’ space programs
The UAE’s and Saudi Arabia’s investments in space technology respond to a range of imperatives, including security, economic diversification and nation-branding. While their space programs seem ambitious in scope, the challenge that lies ahead is to translate investments into concrete commercial returns and military capabilities in the coming years.
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BeresheetIsrael’s Beresheet Spacecraft Crashes Into Moon During Landing Attempt
Beresheet ended up covering about 4 million miles (6.5 million kilometers) during this phase of the mission, team members said. No other spacecraft has taken such a long road to the moon.
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SpaceXSpaceX carries out first commercial launch: a successful Saudi satellite deployment
The rocket carried a Saudi Arabian satellite operated by Arabsat, a year after sending SpaceX founder Elon Musk’s slick red Tesla roadster into orbit as a test.
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SpaceSaudi Arabia joins Arab partners to collaborate on space exploration
The dream of an Arab space agency is one step closer to becoming a reality, after Saudi Arabia and 10 other countries signed the first pan-Arab agreement on coordinating national exploration programs at the Global Space Congress in Abu Dhabi last week.
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SecurityHouthi UAVs infiltrate Saudi airspace
An unmanned aerial vehicle (UAV) operated by Yemen’s Ansar Allah rebel group (popularly known as the Houthis) has penetrated more than 120 km into Saudi airspace to film a desalination plant on the kingdom’s Red Sea coast.
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Space ProgramSaudi Arabia, 10 Arab Countries to Cooperate on Space Program
Eleven Arab states including Saudi Arabia, Algeria and Morocco on Tuesday signed on to the first regional team to cooperate on a space program, the UAE said.
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CERAWeekCERAWeek’s No Longer a Safe Space for Oil
CERAWeek has long been something of a safe space for the oil industry, where delegates trade gossip, do a little business and speculate over drinks and ballroom chicken where their beloved, if mercurial, market might be headed.
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TurkeyTurkey targets defense and aerospace exports to counter growing national deficit
The Turkish government is pressuring its defense and aerospace industries to boost exports as part of an aggressive strategy aimed at addressing the country’s account deficit and plunging national currency.
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