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Reports Say Saudis, Iran Held Direct Talks Facilitated by Iraqis
- April 19,2021
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- SUSTG Team
The London-based Financial Times reports that Saudi Arabia and Iran have held direct talks in Iraq on easing tensions, with the process being facilitated by Iraqi prime minister Mustafa al-Kadhimi, who held talks with Prince Mohammed in Riyadh last month.
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New Regulatory Framework Aims to Encourage Foreign Ownership of Real Estate in Saudi Arabia – Report
- April 15,2021
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- SUSTG Team
A new report in the London-based Asharq Alawsat revealed an under-consideration initiative within a larger national strategy new regulations enabling non-Saudis’ ownership of real estate in the Kingdom, a move that hopes to attract foreign capital and increase investments in the sector.
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Unemployment for Saudi Nationals Nears Pre-Pandemic Levels in Q4 2020
- March 31,2021
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- SUSTG Team
Unemployment among Saudi nationals fell to 12.6% in the fourth quarter, “moving closer to pre-pandemic levels as coronavirus cases in the kingdom declined and business picked up,” Bloomberg reports, citing data from the General Authority for Statistics. The figure represents a drop of 2.3% from 14.9% in the Q3 2020.
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President Joe Biden, Saudi Arabia’s King Salman Speak by Phone in First Call of New U.S. Administration
- February 26,2021
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- SUSTG Team
President Joseph R. Biden, Jr. spoke today with King Salman bin Abdulaziz al-Saud of Saudi Arabia to discuss the longstanding partnership between the United States and Saudi Arabia, the first such call between the two G20 nation leaders since Biden took office in January.
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Secretary of Defense Lloyd J. Austin III, Crown Prince Mohammed bin Salman Speak by Phone
- February 19,2021
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- SUSTG Team
On February 18, Secretary of Defense Lloyd J. Austin III spoke by phone with Crown Prince and Minister of Defense Mohammed bin Salman to “reaffirm the strategic defense partnership between the United States and the Kingdom of Saudi Arabia,” the Pentagon said in a readout of the call.
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U.S. Treasury Secretary Janet Yellen, Saudi Finance Minister Mohammed Al-Jadaan Speak by Phone to Discuss Coronavirus, Economic Recovery
- February 18,2021
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- SUSTG Team
U.S. Treasury Secretary Janet Yellen and Saudi Finance Minister Mohammed Al-Jadaan discussed the coronavirus pandemic and other issues during a call on Wednesday, the U.S. Treasury Department said. The call is the first between the two finance chiefs after Yellen’s approval as President Joe Biden’s Secretary of the U.S. Treasury.
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Saudi Arabia Fends Off Houthi Attacks on Civilian Targets, Will Continue to Treat Houthis ‘As a Terrorist Organization’
- February 15,2021
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- SUSTG Team
Yemen’s Houthi group said on Monday it had struck Saudi Arabia’s Abha and Jeddah airports with drones, knocking operations offline at the two international airports for two hours in a continuation of seemingly relentless attacks aimed at civilians. The Houthis confirmed the attacks on their Twitter account, according to Reuters. There was no Saudi confirmation […]
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Saudi Arabia’s Non-Oil PMI Ended 2020 with ‘Remarkable Rise’, TASI Flat in January – Jadwa Investment
- February 1,2021
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- SUSTG Team
Saudi Arabia’s non-oil Purchasing Managers Index (PMI) ended the year with a “remarkable rise” in December, with the index hitting its highest reading since November 2019, Jadwa Investment said in its latest Chartbook publication dated February 2021.
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In Rare Televised Appearance, Crown Prince Mohammed bin Salman Launches ‘The Line’, a Zero-Carbon Emissions City at NEOM
- January 11,2021
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- SUSTG Team
In a rare televised appearance on Sunday, Saudi Arabia’s Crown Prince Mohammed bin Salman unveiled ambitious plans for a new carbon-free city at NEOM, in the Kingdom’s northwest along the Red Sea.
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More Golf Stars Join List of Committed Players for Saudi International in February
- December 23,2020
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- SUSTG Team
More international golf stars have joined the growing list of players who have committed to playing in the Saudi International at Royal Greens Golf & Country Club, beginning February 4th 2021. Norwegian youngster Viktor Hovland and American Ryder Cup star Tony Finau are the latest top international stars to confirm their entry for the third edition […]
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MUST-READS
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War in YemenHezbollah’s Friends in Yemen Are Trying to Lure the Saudis Into a Ground War
It should come as no surprise that the two Shiite, Iran-backed movements share operational military links. Last month, the Financial Times quoted a Hezbollah commander in Beirut as saying that Houthi fighters had “trained with us in Iran, then we trained them here and in Yemen.” A second Hezbollah source told the newspaper that while Iran was “probably” supplying weapons to the Houthis, “We are the guerrilla experts, so we give advice about the best timings to strike back, when to hold back.”
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YemenCrunch time coming for Saudi campaign as options narrow in Yemen
After 11 weeks of air strikes that have failed to change the balance of power in Yemen, Saudi Arabia is running out of options to restore President Abd-Rabbu Mansour Hadi's exiled government to Sanaa.
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YemenSaudi-led air strikes kill 19 in Yemen
Saudi-led air strikes killed at least 19 people across Yemen on Tuesday, Yemeni sources said, a day after Saudi Arabia said shells fired from Yemen had killed two of its soldiers.
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War in Yemen: Border ConflictSaudi-Yemen border flares up before Geneva talks
The Saudi Arabian-Yemeni border is witnessing an unprecedented escalation in fighting between the Houthis and forces loyal to former president Ali Abdalluh Saleh on one side, and Saudi artillery and Arab coalition airplanes on the other.
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War in Yemen: Border ConflictSaudi Arabia Shoots Down Scud Missile Fired From Yemen
In a potentially major escalation of the months-long war, Yemeni rebels fired a Scud missile into Saudi Arabia early Saturday. The attack suggests that despite more than two months of airstrikes by a Saudi-led coalition, Yemen's Shiite rebels, known as Houthis, still have the military firepower to threaten cities inside Saudi Arabia.
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Saudi Leadership: Mohammed Bin SalmanPerspective: Young Saudi royal rises swiftly, holds key role in Yemen air war
The kingdom is financially sustaining the rulers of Egypt and Jordan and propping up the Sunni monarchy in neighboring Bahrain against a revolt by its Shiite majority. It is also arming rebels in Syria against the Iranian-backed president, fighting in the U.S.-led air campaign over Iraq and leading its own air assault on an Iranian-backed faction in Yemen. And it is ramping up its military spending even as plunging oil prices and growing domestic expenditures have reduced its financial reserves by $50 billion over the last six months, to less than $700 billion.
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YemenAid agencies say Saudi naval blockade imposed by US and UK-backed Arab coalition has had dramatic effect on Yemen
Aid agencies say embargo imposed by US and UK-backed Arab coalition has had dramatic effect, with almost 80% of population in urgent need of food, water and medical supplies
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YemenPerspective: Why did Saudi Arabia intervene in Yemen?
Saudi Arabia's priority is to have a stable neighbor to the south and to protect its southernmost cities of Najran, Jizan and Khamis Mushayt.
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Lebanon: Saudi Arms PurchaseSaudi arms grant to Lebanese army stalled after Hezbollah remarks on Yemen war
France is expected to deliver 250 combat and transport vehicles, seven Cougar helicopters, three small Corvette warships and a range of surveillance and communications equipment over four years as part of the $3 billion (2.8 billion-euro) modernization program. It is being entirely funded by Saudi Arabia, which is keen to see Lebanon's army defend its borders against jihadist groups, particularly the IS group and al-Nusra Front.
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War in YemenSaudi-led alliance launches air strikes on Yemen capital
Air strikes by a Saudi-led Arab alliance shook Yemen's capital Sanaa on Wednesday, mainly targeting military bases aligned with the dominant Houthi group, residents said.
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