Recent stories from sustg

  • Breakthrough Ceasefire Agreements Reached over Yemen Ports as U.S. Senate Rebukes Trump
     

    The internationally recognized Yemeni government and the Iranian-aligned Houthi movement agreed to a ceasefire around the city of Hodeidah and to remove troops from the area in a potential major turning point for the three year old conflict, according to reports. The agreement was reached at U.N.-brokered talks in Sweden. The port, which is currently under Houthi control, […]

     
  • Significant Step Taken in U.S.-Saudi THAAD Missile Deal
     

    A personal call between President Donald Trump and King Salman Saudi Arabia helped to finalize an agreement in which the Kingdom will buy Lockheed Martin’s $15 billion THAAD missile defense system, according to reports. The U.S. State Department said the Saudis and U.S. officials signed letters of offer and acceptance documents on Monday, formalizing terms for Saudi’s […]

     
  • Senate Set to Vote On Measure to End U.S. Support Saudi Arabia in Yemen as Pompeo Pens Op-Ed Touting ‘Vital Partnership’
     

    The U.S. Senate is expected to vote on legislation as early as Wednesday that would end U.S. involvement in the Saudi Arabia-backed war in Yemen, as the Trump Administration continues to publicly express support for the U.S.-Saudi relationship. Politico reports that the bill introduced by Sens. Mike Lee (R-Utah) and Bernie Sanders (I-Vt.) “has gained support since […]

     
  • Donald Trump Affirms Solidarity with Saudi Arabia in Written Statement as Top Senators Vow Further Action
     

    President Donald Trump vowed on Tuesday to remain a ‘steadfast partner’ of Saudi Arabia despite saying that Saudi Crown Prince Mohammed bin Salman may have known about the plan to murder dissident journalist Jamal Khashoggi last month. “This is an unacceptable and horrible crime,” President Trump said in the statement, but added, “our relationship is with […]

     
  • Yemen’s Government to Join Peace Talks with Houthis, CNN Reports
     

    Yemen’s Saudi-backed government confirmed it will participate in United Nations-sponsored peace talks in Sweden, according to CNN, which cited the Saudi Press Agency. The announcement came shortly before the United Kingdom introduced a draft resolution on Yemen at the UN Security Council on Monday in which it calls for a ceasefire in Yemen and a two-week […]

     
  • King Salman Delivers Opening Speech at Shoura Council
     

    King Salman gave his annual speech at the opening of the third year of the Shoura Council’s seventh session on Monday and discussed a number of regional and local issues. The King urged the international community on Monday to halt Iran’s nuclear and ballistic missile programs, and reiterated the kingdom’s support for U.N. efforts to […]

     
  • Full Text: Saudi Arabia Public Prosecution’s Briefing on the Investigation Results into the Murder of Jamal Khashoggi
     

    Saudi Arabia’s Public Prosecution released a briefing on the investigation into the murder of Jamal Khashoggi in Istanbul. Below is the full text of the briefing, emailed by the Saudi Embassy in Washington, D.C. *** Public Prosecution: A Briefing on the Investigation Results  The Public Prosecution said in a press briefing that through the investigation […]

     
  • 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 […]

     
  • The Cohen Group will Launch a Saudi Arabia Office, Company Says
     

    Global business advisory firm The Cohen Group announced today that it will launch an office in Riyadh, Saudi Arabia as the company focuses more on the region’s largest economy. The new office will “serve as the hub for the firm’s operations in the region,” the company said in a press release today. “Our decision to open a […]

     
  • Report: Saudi Arabia Eyes Oil Port in Eastern Yemen near Oman
     

    Saudi Arabia is reportedly eying a new oil port to be built in Yemen’s southeast al-Mahra governorate, near Oman, where Saudi-led coalition troops are present, the energy-focused website oilprice.com reports. Saudi Arabia-based marine construction company Huta Marine has sent a letter to the Saudi ambassador to Yemen in which it thanks the official for the opportunity to […]

     

MUST-READS

  • Saudi Arabia welcomes Security Council’s resolution to label Houthis terrorist group

    Saudi Arabia on Monday welcomed the UN Security Council’s resolution labeling the Houthi militia a terrorist group, in addition to expanding the scope of an existing arms embargo to encompass the entire membership of the Iran-backed group, which was previously limited to specific individuals and companies. The Saudi Foreign Ministry hoped that this decision would contribute to putting an end to the activities of the terrorist Houthi militia and its supporters, the Saudi Press Agency reported.

  • U.N. Security Council to vote on Houthi arms embargo

    The United Nations Security Council is due to vote Monday on a proposal by the United Arab Emirates to impose an arms embargo on Yemen's Houthis after the group claimed several drone and missile assaults on the country this year. The measure would expand a targeted U.N. arms embargo on several Houthi leaders to the whole group. The measure needs nine votes in favor and no vetoes by Russia, the United States, Britain, France or China.

  • Commentary: Security, Energy, and Identity Dominate Gulf Positions on Ukraine

    The GCC states are not as dependent on Russian or Ukrainian grain exports as allies such as Morocco and Egypt, but any major interruption could translate into higher food prices and further socioeconomic instability. For Saudi Arabia, the UAE, and Kuwait, which have worked hard to bolster these Middle Eastern economies, it would be an unwelcome development.

  • U.S. eyes 100-strong Mideast sea drone fleet with security partners

    The United States Navy and security partners will patrol Middle East waters with 100 unmanned vessels next year to improve deterrence against attacks, like those presented by Iran, the U.S. Fifth Fleet commander said on Monday. The region is vital for global trade, especially oil supplies that flow out of the Gulf via the Strait of Hormuz.

  • Bahrain, Israel step up security cooperation, citing Iranian threat

    Israeli Prime Minister Nafatali Bennett has visited Bahrain for the first time since the two countries normalized relations through the 2020 Abraham Accords. Security cooperation against Iran was a prominent feature of discussions between the Israeli premier and Bahraini leadership. Bennett’s visit follows the signing of a joint security cooperation pact between Manama and Tel Aviv earlier this month.

  • Oman, Saudi Arabia sign food and water security pact

    The signing of the MoU came on the sidelines of the International Council for Dates, held in Al Ahsa, the KSA.

  • Saudi Digital Security Company Elm Soars in Trading Debut

    Elm Co., a digital security firm owned by Saudi Arabia’s sovereign wealth fund, surged 30% in its trading debut. The stock rose to 166.4 riyals ($44.3) on Wednesday, compared with an offering price of 128 riyals. The shares priced at the top of the range, with the Public Investment Fund raising $820 million from the offering. The listing comes amid a rush of sales in the Middle East, part of an effort to deepen the region’s capital markets, and JPMorgan Chase & Co. and Citigroup Inc. are among those betting investor demand will keep the IPOs coming. Elm’s own offering drew $57 billion in institutional orders this week, almost 70 times the targeted proceeds.

  • Localizing pharmaceuticals manufacturing and its impact on drug security in Saudi Arabia

    Local production of pharmaceuticals plays a vital role in maintaining resilience of national healthcare systems, especially when it comes to facilitating access to needed medicines and decreasing exposure to imports and international supply chains.

  • Biden talks energy and security with Saudi King Salman

    “The President underscored the U.S. commitment to support Saudi Arabia in the defense of its people and territory from these attacks and full support for UN-led efforts to end the war in Yemen,” the White House said.

  • Israel warns of crisis with UAE over Dubai aviation security dispute

    Direct El Al , Israir and Arkia connections from Tel Aviv to Dubai were among the fruits of a landmark 2020 deal establishing ties between Israel and the UAE. Hundreds of thousands of Israelis have visited the UAE commercial hub since. But Israel's Shin Bet security service has voiced concerns - which it did not publicly detail - about arrangements at Dubai International Airport read more and said the three national carriers would stop operating there if these went unresolved.