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Saudi National Guard Troops Deploy to Najran Province on the Border with Yemen
- April 27,2015
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- SUSTG Team
In a bid to strengthen border security, Saudi Arabia has deployed National Guard (SANG) troops to the Najran Province on the border with Yemen, the SPA reports. Last week, a Saudi border guard was killed and two troops wounded by heavy gun and mortar fire in Najran. The report of the deployment comes amid an ever-evolving […]
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U.S. Science Envoy Travels to the Kingdom of Saudi Arabia ‘To Build and Strengthen Research Collaboration’
- April 24,2015
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- SUSTG Team
In a press release issued by the State Department, the Obama Administration announced that Science Envoy Dr. Peter Hotez will visit the Kingdom of Saudi Arabia, April 25–May 1, “in support of President Obama’s initiative to strengthen U.S. science and educational relationships overseas.” “Dr. Hotez will meet with representatives from the scientific, academic, medical, and business communities to […]
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President Obama, Arab Leaders Set for 2-Day Summit in Washington and Camp David May 13-14
- April 21,2015
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- SUSTG Team
President Obama will host leaders from GCC states in Washington D.C. next month in a bid to strengthen U.S-Arab ties, according to statements by the White House and reports in The Hill and Politico. “President Obama will welcome leaders from the Gulf Cooperation Council countries – Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates – […]
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Photo: Year-Long U.S. Military Course for Saudis Brings Future Leaders to Stuttgart
- April 17,2015
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- SUSTG Team
According to a release today by the U.S. Africa Command, twenty-five military officers from Saudi Arabia traveled to Stuttgart, Germany to learn about the mission and programs of the U.S. Africa Command. “The officers are participants in the year-long Saudi Arabia War Course, a professional development program designed for those with potential for high level […]
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KAEC Fellowship Brings Harvard Grads For On-The-Ground Experience in Urban Planning
- April 16,2015
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- SUSTG Team
In 2014, Saudi Arabia’s King Abdullah Economic City (KAEC) launched the Impact KAEC Fellowship in 2014, inviting three students from Harvard’s Graduate School of Design for a hands-on experience in urban planning. The 2014-2015 Fellowship began in October 2014 and ended in March 2015. KAEC fellows “were placed within business units in the city to bring fresh ideas and […]
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Lack of Clarity from Capital Market Authority On Upcoming Stock Market Opening Leaves ‘Would-Be Investors Guessing’, Report Says
- April 15,2015
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- SUSTG Team
A report today in Bloomberg finds that Saudi Arabia’s Capital Market Authority has not provided clarity about how new rules permitting foreign investment in the Tadawul will square with existing rules preventing foreign access. The report, written by Dana El Baltaji, Deema Almashabi, and Sarmad Khan for Bloomberg, says that investors “are no closer to understanding how […]
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Writing from Saudi Arabia, Yemen’s President Pens Op-Ed in New York Times Seeking Western Help to ‘Save Yemen’
- April 12,2015
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- SUSTG Team
In a New York Times op-ed written from Riyadh, Saudi Arabia, Yemen’s President Abdu Mansour Hadi called for Western help in restoring him to power as he places blame directly on Iran and Ali Abdullah Saleh. “It is not too late to stop the devastation of my nation. The Houthis belong at the negotiating table, not […]
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Jadwa’s Quarterly Oil Market Update Finds Glut in Oil Markets Widening, Brent to Average $61 Per Barrel in 2015
- April 8,2015
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- SUSTG Team
Jadwa Investment’s just released Quarterly Oil Market Update (Q1 2015) found a widening glut in the supply of oil globally, putting downward pressure on the price on international indices. The Riyadh-based bank said that it now estimates an average price of oil at $61 per barrel in 2015, down from $79. “The widening of global oil […]
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Jadwa April 2015 Chartbook: Royal Decrees Boost February Economic Data
- April 2,2015
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- SUSTG Team
In Jadwa’s April 2015 Saudi Chartbook, economic data reflected strong growth in February of this year following the impact of the late January royal decrees. “Cash withdrawals from ATMs recorded a significant monthly increase in response to the two month’s salary bonus, Jadwa said. In addition, bank lending to the private sector recorded healthy growth in February. However, government deposits […]
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Starting (or Investing In) an Online Business in MENA: Lessons Learned for Founders and Investors
- March 31,2015
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- Khaldoon Tabaza
In the rush to create the next big success in the online industry in MENA, it is useful to pause and ponder key lessons our nascent community can benefit from based on the successes (and failures) of founders and investors in developed markets, such as the US, and other emerging markets more advanced than ours, […]
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MUST-READS
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U.S.-IranU.S.-Iran education exchange plans cool over hardliners’ spy charges
Just before last year's nuclear deal with Iran, five U.S. universities visited the country to explore renewing educational ties that flourished before the Islamic Revolution.
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U.S. BeefSaudi Arabia Opening to U.S. Beef
Saudi Arabia announced it is reopening its markets to U.S. beef after a four-year ban that was put in place due to concerns about BSE, or Mad Cow Disease.
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AfghanistanObama Scraps Planned U.S. Troop Drawdown in Afghanistan
President Obama announced 8,400 Americans will remain into the next administration and again called on the Taliban for an elusive peace.
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Anti-ISIS CampaignU.S.-backed airstrikes destroy 120 ISIS vehicles in convoy
A massive convoy of 120 Islamic State vehicles was hit by U.S. and Iraqi bombs Wednesday night in Anbar province, marking one of the most deadly strikes on the extremist group in recent memory, defense officials said.
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SyriaU.S. eyes military cooperation with Russia in Syria
The Obama administration is considering a plan to coordinate strikes against terrorist groups in Syria with Russia if Moscow agrees to use its leverage with Syrian President Bashar al-Assad to stop bombing U.S.-backed rebels, U.S. officials said Thursday.
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Oil PolicySaudi Aramco Cuts All August Oil Prices for U.S., Asian Clients
Saudi Arabia, the world’s largest crude exporter, cut all official selling prices for its crude sales to Asian and U.S. clients in August.
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Regional SecurityU.S., Russian warships in close call in Mediterranean Sea
Russian and U.S. defense officials gave conflicting accounts of the actions of two of their warships, each saying the other was to blame for ships passing dangerously close in the Mediterranean Sea.
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IraqHundreds of new U.S. troops to Iraq a ‘possibility’
The Obama administration is "not ruling out the possibility" of sending hundreds of additional troops to Iraq this fall to help train, advise and assist Iraqi forces as they get ready for a potential assault on Mosul, according to a senior U.S. official.
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SyriaConflict among U.S. allies in northern Syria clouds war on Islamic State
Syrian Arab rebels under the Free Syrian Army (FSA) banner say they are in a growing struggle against the Kurdish YPG militia that are helping the United States wage its campaign against IS in Syria.
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Anti-ISIS CampaignIslamic State launches counter-attacks on U.S.-backed forces, Syrian army
The Islamic State group launched a counter-attack against fighters trying to capture the Syrian city of Manbij on Monday, inflicting heavy casualties on the U.S.-backed forces, the Syrian Observatory for Human Rights and the militants said.
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