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Full Text: Saudi Arabia’s ‘Vision 2030’ National Transformation Program
- April 26,2016
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- SUSTG Team
Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman, who is chair of the Council of Economic Development Authority (CEDA) and Minister of Defense presented the much-anticipated ‘Vision 2030’ framework of new policies to be pursued by the Saudi government. Here’s the full text of his presentation, as well as the Vision 2030 roadmap itself. The […]
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‘Saudi Vision 2030,’ Saudi Arabia’s National Transformation Plan for a New Saudi Economy, Launches with Media Push
- April 25,2016
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- SUSTG Team
Saudi Arabia’s has launched the ‘Saudi Arabia 2030’ National Transformation Plan (sometimes referred to as ‘Vision 2030’) today with a video announcement on Twitter and the first video interview with Deputy Crown Prince Mohammed bin Salman given to the news channel Al Arabiya. Details of the comprehensive plan are expected to include economic and social […]
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Deputy Crown Prince Mohammed bin Salman Opens Up on Personal History; ‘Vision for the Kingdom of Saudi Arabia’
- April 22,2016
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- SUSTG Team
In his second exclusive and wide-ranging interview with Bloomberg, Saudi Arabia’s deputy crown prince, chair of the Council of Economic and Development Affairs (CEDA), and minister of defense opened up on his rise to power, his initial struggles and ultimate acceptance under the late King Abdullah, and his fondness for Winston Churchill and Sun Tzu’s The […]
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President Obama, King Salman Attend GCC Summit in Riyadh; Pledge to build on ‘Deep Strategic Partnership’
- April 21,2016
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- Lucien Zeigler and Richard Wilson
President Obama and King Salman attended the summit of the Gulf Cooperation Council (GCC) members in Riyadh, Saudi Arabia today at the Al-Diriyah Palace. The White House on Wednesday called the summit “an important opportunity for the United States and its Gulf partners to strengthen cooperation against [the Islamic State group] and also to address regional […]
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Muted Reception for President Obama in Riyadh Belies Strong U.S.-Saudi Cooperation on Security, Economy
- April 20,2016
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- Lucien Zeigler
President Obama arrived in Riyadh today to a chilly official reception from Saudi Arabia indicative of strained ties between his administration and the Kingdom. While King Salman welcomed the other heads of state of the visiting GCC leaders with “pomp and circumstance,” President Obama deplaned Air Force One and was met by the governor of Riyadh […]
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President Obama Arrives Tomorrow to Saudi Arabia for Meetings with King Salman, GCC Leaders
- April 19,2016
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- SUSTG Team
President Obama arrives tomorrow (Wednesday) in Riyadh for meetings with King Salman and other top Saudi government leaders, and to attend a GCC summit meeting. The visit to Saudi Arabia, the President’s fourth trip to the Kingdom, comes amid increased focus on U.S.-Saudi relations. On Monday, the White House expressed confidence that Saudi Arabia would not […]
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Deputy Crown Prince: Saudi National Transformation Plan Part of Larger ‘Vision for the Kingdom of Saudi Arabia’ to be Unveiled April 25
- April 18,2016
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- SUSTG Team
During another interview with Bloomberg last week Deputy Crown Prince Mohammed bin Salman said the “Vision for the Kingdom of Saudi Arabia” – a comprehensive plan the includes developmental, economic and social aspects and is intended to position Saudi Arabia for a post-oil era – will be announced on April 25th. The National Transformation Plan […]
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As President Obama Heads to Saudi Arabia, Economic Cooperation and Enhanced Bi-Lateral Security Will be on Agenda
- April 15,2016
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- Lucien Zeigler and Richard Wilson
As President Obama heads to Saudi Arabia next week to meet with HRH King Salman and attend a GCC summit, familiar topics as well as new issues will be on the agenda for the President’s 3rd official visit to Saudi Arabia and second meeting with King Salman since September. Along with long-standing regional and security concerns that require U.S.-Saudi […]
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CIT’s Omar Bahlaiwa Appointed Acting Secretary General of the Council of Saudi Chambers
- April 14,2016
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- Lucien Zeigler and Richard Wilson
Saudi Committee for International Trade (CIT) Secretary General, Eng. Omar Bahlaiwa, has been appointed Acting Secretary General of the Council of Saudi Chambers, replacing Khalid Al-Otaibi. Eng. Bahlaiwa, who will continue to serve as Secretary General of CIT which is within the Council of Saudi Chambers of Commerce (CSC), was appointed by CSC Chairman, Dr. Abdulrahman […]
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Saudi Students in the U.S. Drop by 33% as Popular Program Undergoes ‘Re-Evaluation’
- April 13,2016
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- SUSTG Team
According to Dr. Mohammad Al-Isa, Cultural Attaché to the United States, the number of Saudi students studying in the United States has fallen from 120,000 in 2015 to 80,000 in 2016, reports Arab News. The drop comes as the popular program has been “re-evaluated,” with new scholarship program guidelines that are significantly tighter and limit participants to […]
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MUST-READS
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Joy, heartache: Pilgrims in Saudi vie for downsized haj
For the first time in modern history, millions of pilgrims outside Saudi Arabia have been barred from the haj -- a key pillar of Islam and one of the world's largest mass gatherings -- because of a coronavirus surge. But even the dramatically curtailed ritual in the holy city of Mecca has drawn a huge rush of applicants.
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Govt offices told to display only Saudi works of art
Saudi Arabia's Ministry of Culture has instructed various ministries and government departments to display only Saudi creative works of art in their offices and premises. They have also been directed to furnish the ministry with the list of artistic pieces they possess so that they could be added to the National Register of Works of Art, a report in Al-Madinah newspaper said.
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Scaled-down hajj pilgrimage to start from July 29: Saudi officials
This year's hajj, which has been scaled back dramatically to include only around 1,000 Muslim pilgrims as Saudi Arabia battles a coronavirus surge, will begin on July 29, authorities said Monday.
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Saudi Arabia’s start-ups gain record amount of funding in first half
Start-ups in the kindgom secured $95 million (Dh348.8m) in funding during the first six months of 2020, more than doubling the amount raised in the first half of 2019 and surpassing even the full-year amount, data platform Magnitt said in its Saudi Arabia Venture Capital Snapshot report. The number of deals rose 29 per cent to 45, with notable funding rounds including $36.5m for food delivery app Jahez and $18m for groceries delivery app Nana.
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Egypt offers partnership with Ethiopia on electricity projects to break stalemate in Nile dam talks
Egypt is about to start studies on an electricity linkage project with Ethiopia, against the background of faltering negotiations over Addis Ababa’s construction of a dam on the Nile River.
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Saudi Aramco to publish second-quarter results on August 9
Saudi Aramco plans to release its second-quarter earnings on August 9 before the Saudi stock exchange Tadawul opens. The company will hold a webcast for the Q2 results on August 10 at 1530 local time (1230 GMT), the company said on Monday.
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China’s Gulf Partnerships Likely to Weather Current Global Crises
The complementary nature of China’s Belt and Road Initiative and Gulf “vision” development programs has established another pillar of China-Gulf cooperation.
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Navy, Air Force troops train with UAE pilots to thwart fast-boat attacks in the Persian Gulf
The training exercise, June 21-25, included using the expeditionary mobile base Lewis B. Puller as a staging platform to practice tracking and engaging simulated fast-attack craft.
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In first, Saudi researcher contributes article to Israeli academic journal
Prof. Mohammed Ibrahim Alghbban, head of Near Eastern Languages and Civilizations and Hebrew Studies at the Department of Modern Languages and Translation at King Saud University in Riyadh, wrote an essay about the Prophet Muhammad’s good relations with Jews, in which he said Islam’s founder did not clash with Jews on religious grounds, but rather only on politics.
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Saudi Arabia’s mortgage lender Amlak to start trading on Tadawul from Monday
Shares in Saudi Arabia’s mortgage lender Amlak International for Real Estate Finance will start trading on the Tadawul stock exchange on Monday as the company completes its IPO process. The company is floating 27.18 million shares, or 30 per cent of its total, with an indicative price range set at 15-17 Saudi riyals (Dh14.7-Dh16.6) per share. Proceeds of the offer are being used to repay selling shareholders.
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