SUSTG.com / Research

Discover stories, topics, and more about Saudi Arebia faster.

Recent stories from sustg

MUST-READS

  • Defense Official Says U.S. Remains Committed to Middle East

    With over 30,000 troops in the Middle East at multiple locations, the United States' commitment to the Middle East hasn't changed — despite the U.S. withdrawal from Afghanistan and its significant drawdown in Iraq, said the deputy assistant secretary of defense for the Middle East.

  • Saudi Arabian and U.S. Tech Startups Conduct Multi-City Tour Across the United States

    Twenty representatives from Saudi Arabia’s public and private sectors embarked on a multi-city tour to facilitate connections between the startup ecosystems of the United States and Saudi Arabia, with a specific emphasis on supporting women in the tech industry.  The tour included the SelectUSA Summit’s tech startup program in Washington, D.C., a Detroit city startup program, and a San Francisco & Silicon Valley startup program.  It was supported by the Ministry of Communications and Information Technology (MCIT), Saudi Authority for Data and Artificial Intelligence (SDAIA), and The Small and Medium Enterprises General Authority (MONSHA’AT).

  • Saudi Arabian and U.S. Tech Startups Conduct Multi-City Tour Across the United States

    Twenty representatives from Saudi Arabia’s public and private sectors embarked on a multi-city tour to facilitate connections between the startup ecosystems of the United States and Saudi Arabia, with a specific emphasis on supporting women in the tech industry.  The tour included the SelectUSA Summit’s tech startup program in Washington, D.C., a Detroit city startup program, and a San Francisco & Silicon Valley startup program.  It was supported by the Ministry of Communications and Information Technology (MCIT), Saudi Authority for Data and Artificial Intelligence (SDAIA), and The Small and Medium Enterprises General Authority (MONSHA’AT).

  • Oil slides 3% on U.S. debt deal struggles, OPEC+ talks uncertainty

    Oil prices fell by about 3% on Tuesday as concerns about the U.S. debt ceiling pact cooled the market's risk-on sentiment and mixed messages from major producers clouded the supply outlook ahead of their meeting this weekend. Brent crude futures fell $2.38, or 3.1%, to $74.69 a barrel by 1319 GMT. U.S. West Texas Intermediate (WTI) crude was down $2.07, or 2.9%, from Friday's close, to $70.60 a barrel. There was no settlement on Monday because of a U.S. public holiday.

  • Israel ‘not really aware’ about progress of Saudi-U.S. talks on normalisation deal

    A top Israeli official played down prospects for a U.S.-brokered diplomatic breakthrough with Saudi Arabia on Tuesday, describing Prime Minister Benjamin Netanyahu's government as "in a fog" on any progress in related talks between Riyadh and Washington. Deeming the forging of formal Israeli-Saudi ties a U.S. interest, President Joe Biden's national security adviser, Jake Sullivan, made a May 6-8 shuttle trip to the two countries.

  • Oil prices up after bullish Saudi comments, falling U.S. stockpiles

    Oil prices rose on Wednesday after data showed U.S. inventories and fuel supplies tightening and following a warning from the Saudi energy minister to speculators raised the prospect of further OPEC+ output cuts. Saudi Arabia’s energy minister said short sellers - those betting that prices will fall - should “watch out” for pain.

  • Sudan’s warring factions agree to weeklong ceasefire, U.S.-Saudi mediators say

    Sudan’s warring factions have agreed to a new short-term ceasefire, U.S. and Saudi mediators announced on Saturday, after several previous attempts to broker a truce that holds have failed. Meeting in the Saudi port city of Jeddah, the Sudanese army and the Rapid Support Forces signed off on a seven-day ceasefire that is due to take effect on Monday 9:45 p.m. local time in Sudan, the U.S. and Saudi Arabia said in a joint statement. The ceasefire could be extended if both sides agree. “Both parties have conveyed to the Saudi and U.S. facilitators their commitment not to seek military advantage during the 48-hour notification period after signing the agreement and prior to the start of the ceasefire,” it said.

  • U.S. officials walk back claim Syria strike killed senior al-Qaeda leader

    U.S. military officials are walking back claims that a recent strike in Syria killed an influential al-Qaeda figure, following assertions by the dead man’s family that he had no ties to terrorists but was a father of 10 tending to his sheep when he was slain by an American missile.

  • U.S. proposed conducting joint military planning with Israel on Iran

    Israeli officials have so far treated the proposal with suspicion, fearing it is an attempt to “tie Israel's hands” from taking action against Iran — especially its nuclear facilities — if the U.S. objects.

  • Saudi bourse gains, Dubai extends losses ahead of U.S. debt-limit talks

    Saudi Arabia's benchmark index rose on Tuesday, while the Dubai bourse fell and was on course to extend losses for a fourth session as traders assessed lower oil prices and concerns over the U.S. government's debt-ceiling negotiations. Oil futures traded sideways after mostly weaker-than-expected data from China muddied the outlook for demand from the world's top crude importer while U.S. plans to refill its Strategic Petroleum Reserve (SPR) underpinned prices.