Recent stories from sustg

  • Report: Saudi Aramco Slows Diversification Plans Amid Lower Oil Prices, Dividend Pledge
     

    Saudi Arabia’s state oil company Saudi Aramco is reviewing its diversification and investment plans domestically and internationally as lower oil prices and delivering on a promised dividend have put pressure on the company, according to an exclusive Wall Street Journal report.

     
  • Saudi Crown Prince Mohammed bin Salman arrives in China
     

    Saudi Crown Prince Mohammed bin Salman arrived in China on Thursday, the third stop of his tour of Asian nations that started with visits to Pakistan and India. The Crown Prince is slated to meet Chinese President Xi Jin Ping during the official visit. China is Saudi Arabia’s largest trading partner, ahead of the United States. At […]

     
  • Crown Prince Mohammed bin Salman Arrives in India for Next Stop of Asia Tour
     

    Saudi Arabia’s Crown Prince Mohammed bin Salman arrived in India for the second stop on a three-country tour of Asian nations as the Kingdom looks to boost relationships and trade opportunities in the East. India “rolled out the red carpet for the crown prince,” Reuters reports, amid simmering tensions with neighboring Pakistan following a militant attack in […]

     
  • Looking East, Crown Prince Mohammed bin Salman Arrives in Pakistan
     

    Saudi Arabia’s Crown Prince Mohammed bin Salman arrived in Pakistan on Sunday for the start of a tour of several Asian nations as the Kingdom looks eastward to strengthen trade relationships and business opportunities. As is usually the case for the highest Saudi royal leaders on state visits, the Crown Prince traveled with a sizable entourage […]

     
  • Crown Prince Mohammed bin Salman to Visit Pakistan on Saturday, Announce $20b in Deals
     

    Saudi Arabia’s crown prince Mohammed bin Salman is set to make his first state visit to Pakistan on Saturday, where he will announce investment projects worth up to $20 billion, a senior official told VOA news. The investment is needed for Pakistan, which is cash-strapped and facing multiple regional political challenges with a recently-elected Prime Minister. […]

     
  • Uptick in Saudi-Pakistan Relations Following Visit of New PM Khan to Riyadh
     

    New Pakistani Prime Minister Imran Khan visited Saudi Arabia this week for meetings with high-level Saudi officials to discuss trade and diplomatic issues. Khan met directly with King Salman and Crown Prince Mohammed bin Salman during his visit. As a result of the Prime Minister’s meetings, Pakistan has reportedly invited Saudi Arabia to become the third […]

     
  • At Davos, Saudi Leaders Discuss Energy, Foreign Policy on World Stage
     

    Saudi government leaders arrived to Davos, Switzerland for the annual World Economic Forum to meet with other world leaders and discuss key foreign policy and energy challenges facing the Kingdom. The 48th Annual Meeting in Davos will host 3,000 participants across all stakeholder groups including public & private sectors, civil society, academia, media, and arts & culture. The Saudi delegation is led […]

     
  • Secretary of State Rex Tillerson to Travel to Saudi Arabia October 20th for Saudi-Iraq Meet
     

    U.S. Secretary of State Rex Tillerson will travel to Riyadh, Saudi Arabia to take part in the inaugural Coordination Council meeting between the governments of Saudi Arabia and Iraq. The Secretary will also meet with various Saudi leaders to discuss the conflict in Yemen, the ongoing Gulf dispute, Iran, and a number of other important regional and […]

     
  • Seven Saudi Soldiers Killed on Yemen’s Border Last Week
     

    At least seven Saudi soldiers have been killed in the past week in clashes with Yemeni rebels, Al Jazeera reports, citing the Saudi Press Agency (SPA). Mohammed al-Manjahi was the latest soldier to be killed on the kingdom’s southern borders in the fight against Houthi rebels. According to an AFP news agency tally compiling reports by the Saudi […]

     
  • Jeddah Cell Connected to ISIS Busted after Two Saudis Blow Themselves Up During Raid
     

    Saudi Arabia has busted a large terror cell after two Saudis blew themselves up during a gun battle in Jeddah, the Kingdom’s second-largest city. In addition to the two dead, 16 suspected terrorists have been arrested, including three Saudis and 13 Pakistani nationals, according to the Saudi Gazette. The Kingdom has also named the two […]

     

MUST-READS

  • Saudi crown prince meets Pakistani premier, stresses India-Pakistan dialogue

    Saudi Crown Prince Mohammed bin Salman said dialogue was needed to resolve heightened friction between arch-rivals Pakistan and India during a meeting in Riyadh with visiting Pakistani Prime Minister Shehbaz Sharif. Sharif was making his first overseas visit since winning power in elections in February. He met with bin Salman on Sunday. "The two sides stressed the importance of dialogue between Pakistan and India to resolve the outstanding issues between the two countries, especially the Jammu and Kashmir dispute to ensure peace and stability in the region," a joint statement released by Pakistan's foreign office and the Saudi government said.

  • Pakistan PM Sharif to meet Saudi crown prince on Riyadh visit

    Pakistan Prime Minister Shehbaz Sharif will meet the Saudi crown prince during a two-day visit to Riyadh that starts on Saturday, the foreign ministry said. The visit will be Sharif's first foreign trip since forming a coalition government in February. The two are longtime allies, with the South Asian nation often turning to Riyadh for financial help during its balance of payment crises. Since it averted a sovereign debt default last summer by securing a $3-billion IMF bailout, Pakistan has been in dire need of financial support from the multilateral lender and friendly countries.

  • As it looks East, Saudi Arabia strikes delicate balance between India and Pakistan

    On an official visit to Saudi Arabia this week, Pakistan’s chief of army staff, Syed Asim Munir, met with Saudi Crown Prince Mohammad bin Salman and the top military hierarchy in Jeddah. Lavishly praising Saudi Arabia’s strong relations with Pakistan, the crown prince expressed his desire to strengthen ties with Pakistan and assured the army chief of the kingdom’s continued support to Islamabad.

  • Shehbaz Sharif wins Pakistan’s top job for second time

    Shehbaz Sharif, returning as Pakistan's prime minister for a second time on Sunday when his brother declined a fourth term, has played a crucial role holding together a disparate coalition for 16 months after rival Imran Khan was ousted. Sharif, 72, won a parliamentary vote for premier, resuming the role he had held until August when parliament was dissolved ahead of last month's elections. Pakistan has had a caretaker government since then.

  • Saudi-Pakistan business forum begins with $20 billion trade target

    The Saudi-Pakistani Business Forum commenced in Riyadh on Wednesday, under the aegis of Minister of Commerce Dr. Majid Al-Qasabi. The event, orchestrated by the Federation of Saudi Chambers, witnessed the attendance of high-profile Saudi and Pakistani representatives. Fawaz bin Rafaah, acting Deputy Governor of the General Authority of Foreign Trade for Private Sector Affairs and Global Presence, highlighted the pivotal role of the private sector in bolstering trade relations. He addressed the gathering on behalf of Dr. Al-Qasabi.

  • Pakistan is aiming to increase trade with Saudi Arabia to $20bn: minister

    Pakistan is aiming to increase its trade capacity with Saudi Arabia to $20 billion through enhancing business conditions, according to a top official. The Saudi-Pakistani Business Forum kicked off in Riyadh on Feb. 22 under the patronage of Minister of Commerce Majid bin Abdullah Al-Qasabi, organized by the Federation of Saudi Chambers, according to the Kingdom’s official press agency. During the event, Pakistan’s Minister of Commerce Gohar Ejaz highlighted the role of the Free Trade Agreement between the Gulf Corporation Council countries and his nation in opening up opportunities for investors from both regions. 

  • Seen from abroad, Pakistan elections disappoint, add to instability

    Pakistan's election has been remarkable in producing a result disappointing to most of its foreign partners and rivals, with little reason for optimism about the government that will eventually emerge from it, foreign policy analysts said. Pakistan's two largest political parties have been wrangling over who will be prime minister after an inconclusive vote last week forced them to join forces and try to form a coalition in a parliament dominated by independents.

  • How will Pakistan form a coalition government after split election results?

    Pakistan's elections last week returned a hung parliament, with no party getting enough seats in the National Assembly to form a government by itself. Negotiations for a coalition government are taking place between former Prime Minister Nawaz Sharif's party, with 75 seats, and the party of Bilawal Bhutto Zardari, with 54 seats, as well as other smaller parties. Independent candidates backed by jailed former Prime Minister Imran Khan won the most seats - 93 - and they are also jostling for allies to form government. Candidates were vying for 264 seats out of the assembly's 336 total. There are also 70 reserved seats.

  • With over half the seats counted, Imran Khan’s supporters lead in Pakistan polls

    Independents backed by jailed former Prime Minister Imran Khan won the most seats in Pakistan's election on Friday after results from over half the constituencies were announced, leaving political parties trailing. Almost 24 hours have passed since the close of polls and the results have been unusually delayed, which the government ascribed to the suspension of mobile phone services - a security measure ahead of Thursday's election.

  • Pakistani firm shows off new drone during Saudi defense show

    Global Industrial Defence Solutions describes the Ranger as a runway-independent tactical UAV. It was designed for intelligence, surveillance, target acquisition and reconnaissance missions, as well as for an artillery fire correction role.