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Saudi Government Data Reveals Large-Scale Crackdown on Illegal Workers, Residents
- April 22,2019
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- SUSTG Team
A crackdown that began in November 2017 on illegal labor in Saudi Arabia has resulted in the deportation of 750,504 expatriates to their respective countries, according to official data. The kingdom has been detaining people for residential, labour and border security regulations since November 2017 with 19 government departments participating in the campaign. Saudi Arabia is […]
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Princess Reema Bint Bandar Sworn In as Ambassador to the United States
- April 16,2019
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- SUSTG Team
Princess Reema bint Bandar bin Sultan al-Saud was sworn in on Tuesday as Saudi Arabia’s next Ambassador to the United States, according to the Saudi Press Agency. The swearing in took place at Al-Yamamah Palace in Riyadh. Princess Reema is the first Saudi woman to hold the high-ranking diplomatic post after a royal decree appointed […]
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Saudi Aramco to Acquire Stake in South Korean Hyundai Oilbank for $1.2 billion
- April 15,2019
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- SUSTG Team
Saudi Aramco says it has reached an agreement to acquire a $1.25 billion stake in South Korean refiner Hyundai Oilbank that would provide it with “a dedicated outlet for its crude to South Korea.” The deal was struck between Aramco and Hyundai Heavy Industries Holdings for Saudi Aramco’s subsidiary, Aramco Overseas Company B.V (AOC), to […]
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Trump, Crown Prince Mohammed bin Salman Speak by Phone, White House Says
- April 10,2019
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- SUSTG Team
U.S. President Donald Trump spoke with Saudi Arabia’s Crown Prince Mohammed bin Salman by phone on Tuesday, discussing Riyadh’s role in Middle East stability, maintaining pressure on Iran other issues, according to reports. “President Trump and the Crown Prince discussed regional developments and opportunities to further enhance the American-Saudi partnership on a range of security and economic […]
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Saudi Arabia plans 2.6 GW solar park near Mecca
- March 27,2019
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- SUSTG Team
Saudi Arabia is set to issue tenders for 2.6 GW Mecca solar project in 2019, according to reports. The Faisaliah Solar Power Project is planned to be developed in several stages by the Saudi Ministry of Energy, Industry and Mineral Resources and the Development Authority of Mecca. Construction work on the project will begin this year, […]
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Senate Passes Joint Resolution to End U.S. Military Support for Saudi-Led Coalition in Yemen
- March 14,2019
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- SUSTG Team
The U.S. Senate passed a resolution Wednesday to end American support for the Saudi-led, U.N.-backed coalition in Yemen, issuing a challenge to President Donald Trump to use his first veto of his Presidency. The bill, entitled “A joint resolution to direct the removal of United States Armed Forces from hostilities in the Republic of Yemen that have not […]
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Secretary of State Pompeo Meets Top Saudi Leadership in Riyadh
- January 14,2019
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- SUSTG Team
Secretary of State Mike Pompeo held talks with Saudi Arabia’s King Salman and Crown Prince Mohammed bin Salman in Riyadh on Monday, discussion topics ranging from the conflicts in Syria and Yemen, threats from Iran and the Saudi response to the killing of Washington Post columnist Jamal Khashoggi last year, according to reports. The Associated Press reports that Pompeo spent […]
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King Salman Announces ‘Sweeping’ Cabinet Reshuffle Affecting Top Domestic, Foreign Policy Posts
- December 27,2018
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- SUSTG Team
King Salman announced on live TV on Thursday a major and sweeping reshuffling of top cabinet positions in Saudi Arabia, the first such change in leadership since June. The royal decree replaces Saudi Arabia’s Foreign Minister Adel Al-Jubeir with former finance minister Ibrahim Al-Assaf. Al-Assaf was detained, then released within weeks of his detention at Riyadh’s Ritz-Carlton […]
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Saudi Arabia Plans to Increase State Spending by More than 7 Percent in 2019
- December 18,2018
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- SUSTG Team
Saudi Arabia plans to ramp up state spending by more than 7 percent in 2019, according to a budget released by the Finance Ministry on Tuesday. Spending is projected to rise to $295 billion next year, Arab News reports, an increase of $25 billion over 2018’s figure of $270 billion. The move is seen as an effort […]
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Saudi Government ‘Rejects’ U.S. Senate Rulings on Saudi Arabia But Pledges to Continue Building Relationship
- December 17,2018
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- SUSTG Team
The government of Saudi Arabia issued a statement condemning a recent U.S. Senate resolution blaming Crown Prince Mohammed bin Salman for the killing of journalist Jamal Khashoggi, and said the government rejects external interference in its affairs. The Senate measure, which passed in a rare bipartisan vote with unanimous approval on Thursday, was a sweeping condemnation of Crown […]
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MUST-READS
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Global finance meeting focuses on war-driven food insecurity
Treasury Secretary Janet Yellen was convening a Tuesday morning meeting with leaders from the IMF, World Bank, Group of Seven and Group of 20 global organizations to “call on international financial institutions to accelerate and deepen their response” to countries affected by food issues exacerbated by Russia’s aggression, the Treasury Department said.
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The Ukraine Crisis Deepens Food Insecurity Across the Middle East and Africa
In 2021, the two countries exported more than one-quarter of the world’s wheat. They are both major suppliers of corn, sunflower seed oil, and barley; Russia is also a major supplier of fertilizer, which is critical for agricultural production
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China’s other oil security problem besides Russia, Middle East
Across all edible oils, China relies on foreign sources for 31% of its consumption. While that may not seem that high, policymakers have made clear that the country must boost self-sufficiency in cooking oils as a matter of food security.
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Saudi oil chief says energy security imperiled by attacks
Saudi Arabia’s oil chief said markets are going through a “jittery period” and reiterated Tuesday that the kingdom’s ability to ensure energy security is no longer guaranteed. Energy Minister Prince Abdulaziz bin Salman said cross-border attacks have put to question “our ability to supply the world with the necessary energy requirements.” The attacks have been carried out by Yemen’s rebel Houthis, who are supported by Iran.
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Statement by National Security Advisor Jake Sullivan on Houthi Attack Against Saudi Arabia
We condemn the Houthi attacks launched against Saudi Arabia’s civil infrastructure earlier today. Unprovoked Houthi attacks against Saudi Aramco’s oil storage facilities in Jeddah as well as attacks against civil facilities in Jizan, Najran, and Dhahran are acts of terrorism aimed to prolong the suffering of the Yemeni people.
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How investment insecurity pushes Iranian money outside Iran
As Iran’s economic actors anticipate the outcome of the negotiations in Vienna to restore the 2015 nuclear deal, one thing is certain: Iran cannot count on massive investment from western countries even if an agreement is reached. Simply stated, large western enterprises will not risk investing in Iran for as long as there is a real possibility of yet another American unilateral exit from the accord after the 2024 US presidential elections.
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Saudi Arabia and UAE push for more security support from US
Saudi Arabia and the United Arab Emirates are pushing the US for deeper security support as the Biden administration seeks the two Gulf powers’ co-operation on everything from energy and the Ukraine crisis to the 2015 nuclear accord with Iran. The UAE has requested the US agree to a more “institutionalised security commitment” that would include enhanced intelligence sharing, more combined exercises and operations, two people briefed on Abu Dhabi’s position said.
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Statement by National Security Advisor Jake Sullivan on Houthi Attack Against Saudi Arabia
We condemn the Houthi attacks over the last 48 hours against civilian infrastructure in Saudi Arabia. These attacks reportedly targeted water treatment facilities as well as oil and natural gas infrastructure. The Houthis launch these terrorist attacks with enabling by Iran, which supplies them with missile and UAV components, training, and expertise.
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UAE keen to cooperate with Russia on energy security, says UAE minister
The UAE, whose relations with security ally the United States have been strained, has tried to walk a line between the West and Russia, with which it has also deepened ties. It abstained in a recent U.N. Security Council vote, vetoed by Moscow, condemning the invasion.
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The 50 Minerals Critical to U.S. Security
A critical mineral is defined as a non-fuel material considered vital for the economic well-being of the world’s major and emerging economies, whose supply may be at risk. This can be due to geological scarcity, geopolitical issues, trade policy, or other factors. In 2018, the U.S. Department of the Interior released a list of 35 critical minerals. The new list, released in February 2022, contains 15 more commodities.
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