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Recent stories from sustg
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Saudi Stock Market’s Key Players Undertake Roadshow to Promote Investment in Saudi Arabia’s Tadawul
- November 9,2015
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- SUSTG Team
Key players in Saudi Arabia’s stock market have embarked on a “global roadshow” abroad to show off the attractiveness of the investment climate in Saudi Arabia, according to reports, with officials meeting potential investors in New York, London, and Singapore. Saudi Arabia’s Tadawul opened to wider foreign investment in July 2015, but it did so […]
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Uber Eyes Fast-Growing MENA Markets for $250m Expansion
- November 5,2015
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- SUSTG Team
Uber Technologies Inc. is investing $250 million to expand in the Middle East and North Africa, which have some of the ride-sharing service’s fastest-growing markets, Bloomberg reports. Uber is already in Saudi Arabia, and the ride-sharing app is having a significant impact on the transportation economy there. And Uber is also making a social impact. Since […]
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Al-Jubeir: Yemen’s War in the ‘Final Stage’; But Victory May Still Prove Elusive
- November 3,2015
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- SUSTG Team
Saudi Arabia’s Foreign Minister Adel Al-Jubeir said that the Saudi-led coalition battling the Houthi rebels in Yemen is entering its final stages. “I am confident that the Yemeni conflict has entered its final stage, and I’m optimistic,” Al-Jubeir said. “There are indications that the war in Yemen is entering a final phase. The legitimate government […]
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Ahead of Critical Syrian Peace Summit, Saudi Arabia Looks to ‘Test’ Iran on Commitment to Peace
- October 29,2015
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- SUSTG Team
Vienna, Austria will play host to a crucial meeting on Friday on the future of Syria and international efforts to end the bloody 4-year civil war that has left hundreds of thousands dead and has served as a breeding ground for Daesh, or the self-described ISIS. For the first time, all the main powers with […]
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Bomb Rips Through Shia Mosque in Najran City, Saudi Arabia, Killing One; Daesh Claims Responsibility, Suspect Named
- October 27,2015
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- SUSTG Team
A bomb ripped through a Shia mosque in Najran City in Saudi Arabia yesterday, killing one and injuring at least 16 people in the latest in a spate of murderous attacks across Saudi Arabia in the last year. Daesh has claimed responsibility for the suicide bombing at the al-Mashhad mosque. Saudi Authorities have named a suspect. […]
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Report: U.S. State Department Approves Sale of $11.5b Littoral Combat Ships to Saudi Arabia, Latest in ‘Biggest Year Yet’ for U.S. Arms Sales
- October 20,2015
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- SUSTG Team
The State Department has approved the sale of as many as four Littoral Combat Ships for $11.25 billion under the Foreign Military Sales program according to an official cited by Bloomberg. The approval allows the Saudis to negotiate contracts for the ships unless Congress passes legislation to block the deal, the report said. The news […]
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Perspective: “Lessons from America’s Continuing Misadventures in the Middle East” – Chas Freeman’s Speech to AUSPC in Washington
- October 15,2015
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- SUSTG Team
In the opening keynote at this year’s 24th Arab-US Policymaker’s conference, Ambassador Chas W. Freeman, Jr. discussed the lessons from America’s “continuing misadventures in the Middle East.” The event, hosted by the National Council on U.S.-Arab Relations in Washington, D.C., enters its second day today at the Ronald Reagan International Trade Center. Ambassador Freeman chairs Projects […]
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Jadwa October 2015 Chartbook: Investment in Foreign Securities Recorded a Monthly Increase, First Time in 2015
- October 9,2015
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- SUSTG Team
Investment in foreign securities recorded a monthly increase for the first time in 2015, an indication that pressure continued to be relieved off foreign reserves as the main deficit financing tool, according to a recently released report by Riyadh-based Jadwa Investment. Additionally, net monthly withdrawals from government accounts continued to be small in August compared to […]
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Saudi Students in the U.S. Increased 20% from 2013/2014 and Are Increasingly Placed in Diverse Institutions, Study Finds
- October 6,2015
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- SUSTG Team
A recent report on Saudi students in the United States by World Education News and Review (WENR) found that Saudis studying in the U.S. have increased by 20% in the last year and often apply to a wider range of schools other than the elite institutions that are a typical focus of international applicants. The […]
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HRH Prince Turki al-Faisal, in First Interview with Israeli Media, Chides Netanyahu for Refusing Peace
- October 1,2015
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- SUSTG Team
HRH Prince Turki al-Faisal gave his first televised interview with the Israeli media station Haaretz, and told the outlet that if Netanyahu was a far-sighted leader, he would negotiate on the basis of the Arab Peace initiative. If Benjamin Netanyahu “was more of a far-sighted leader, he would break the logjam and negotiate on the […]
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Global Oil MarketsU.S. Shale Resilience Confounds Forecasters and Undermines OPEC’s Market Share Strategy
The extraordinary resilience of U.S. shale oil production continues to confound forecasters, leading to flawed market analysis and undermining OPEC’s strategy to force higher cost producers to shutter output in the lower oil price environment.
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U.S.-IranPunished U.S. Navy Officer Believes He Prevented a War With Iran
The standoff at sea coincided with a pivotal moment in U.S.-Iran relations, just as major powers were on the verge of lifting economic sanctions against Tehran in return for limits on the country’s nuclear program.
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Iraq400 additional U.S. troops deploy to Iraq
The size of the U.S. force in Iraq and Syria now tops 4,400, up from about 3,900 last week, defense officials said.
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Climate ChangeU.S. Intel Chief: Climate Change Is Adding Fuel to the World’s Extremist Fires
DNI Clapper says environmental factors will keep the cycle of extremism going long after ISIS is vanquished
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U.S. NavyOfficial: 7 Iranian boats came after U.S. ship in the Persian Gulf
A U.S. coastal patrol ship faced seven Iranian Republican Guard Corps Navy fast in-shore attack craft before swerving to avoid crashing into one on Sunday, according to a 5th Fleet spokesman.
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SABICSaudi’s SABIC sells Polymershapes unit to U.S. firm
Saudi Basic Industries Corp (SABIC) 2010.SE has agreed to sell its Polymershapes unit to U.S. investment firm Blackfriars Corp, SABIC said without giving a value for the deal.
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Climate AgreementU.S., China formally join international climate deal
President Barack Obama and Chinese President Xi Jinping formally committed their countries to last year's Paris climate change agreement on Saturday, ratcheting up pressure on other nations to follow suit.
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Cluster BombsLast Remaining U.S. Maker of Cluster Bombs Stops Production
The last remaining United States manufacturer of cluster bombs is ending production of the controversial weapon, citing regulatory scrutiny and reduced orders for the internationally banned munition.
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SyriaU.S. is trapped between its allies’ ambitions in Syria
The Pentagon’s decision to arm a mostly Syrian Kurdish force has paid big dividends in northern Syria, where the Islamic State has been on the run in recent months.
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U.S.-IranExclusive: U.S., others agreed to ‘secret’ exemptions for Iran after nuclear deal – report
The United States and its negotiating partners agreed "in secret" to allow Iran to evade some restrictions in last year's landmark nuclear agreement in order to meet the deadline for it to start getting relief from economic sanctions, according to a report reviewed by Reuters.
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