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Saudi Health Officials, Experienced with MERS-CoV, Take Preventative Measures against New ‘Wuhan’ Coronavirus
- January 23,2020
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- SUSTG Team
Officials in Saudi Arabia are taking precautions to stop the spread of a new coronavirus from China, screening arriving passengers and nurses to prevent a public health threat, according to reports.
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The Economic Impact of Saudi Arabia Hosting the G20 Summit
- January 16,2020
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- SUSTG Team
A recent report from Jadwa Investment looks at the economic impact of Saudi Arabia hosting the G20 Summit, noting that while the Riyadh has hosted major summits before, “the G20 summit differs due to the sheer number of different events related to it” with more than 120 workshops, ministerial meetings and specialized seminars scheduled throughout […]
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Prince Khalid bin Salman Meets with President Trump at White House
- January 7,2020
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- SUSTG Team
Saudi Arabia’s deputy defense minister Prince Khalid bin Salman held several meetings with top U.S. officials yesterday in Washington, D.C., including Secretary of Defense Mark Esper, Secretary of State Mike Pompeo, and President Donald Trump.
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A Look at Saudi Arabia’s 2020 Budget
- December 12,2019
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- SUSTG Team
This week, Saudi Arabia unveiled its 2020 budget, which signals an end to the expansionary trend of recent years, assumes lower oil prices than in 2019, and continues to invest in the economic diversification as outlined in the Kingdom’s Vision 2030 economic and social reform plans.
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Saudi Aramco Soars 10% in Debut in ‘Vindication’ for Company
- December 11,2019
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- SUSTG Team
Saudi Aramco’s shares rose SAR 3.20, or 10% (the daily limit) to 35.2 riyals in Riyadh, raising the company’s valuation to $1.88T. The debut, by any measure, is a success, and officially makes Saudi Aramco the world’s most valuable company.
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Saudi FM Prince Faisal bin Farhan Meets with Secretary of State Mike Pompeo
- November 15,2019
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- SUSTG Team
Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan has met with US Secretary of State Mike Pompeo in Washington on Thursday ahead of an international meeting of countries committed to defeating ISIS, according to reports and social media. “During the meeting, they discussed the Saudi-US long-established strategic partnership, especially the partnership in the fight against […]
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Saudi-based STV Leads $23 Million Funding Round in Trukker
- November 12,2019
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- SUSTG Team
Saudi-based Saudi Technology Ventures (STV) said in a blog post that it is leading a $23 million investment round in Trukker, a truck-focused digital freight marketplace and aggregator based in the UAE. “Today, truck drivers must communicate with brokers via phone calls in order to negotiate pricing of each transaction and discuss capacity and routes,” […]
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State Department Lauds ‘Strong counterterrorism relationship’ between Saudi Arabia and the United States
- November 4,2019
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- SUSTG Team
The U.S. State Department’s recently-released country reports on terrorism praised the U.S.-Saudi “strong counterterrorism relationship” and said “through a range of counterterrorism initiatives, many in partnership with the U.S. government, Saudi Arabia took tangible steps to strengthen its counterterrorism capabilities in border security, counter terrorist financing, and [countering violent extremism].” “Based on local reporting, Saudi Arabia […]
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Venture Capital Set for Ten-fold Growth Over the Next Six Years in Saudi Arabia
- October 16,2019
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- SUSTG Team
Venture capital investments in Saudi Arabia are set to grow ten-fold over the next six years, according to a new report by Saudi Technology Ventures published by The National. The report says that Venture funding investments are at a “positive inflection point” and are set to grow to $500 million annually by 2025, from $50m last […]
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To the Delight of Fans, Saudis Play Soccer Match in West Bank for First Time in Decades
- October 15,2019
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- SUSTG Team
Saudi Arabia’s soccer team will play against the national team in Palestine in the West Bank for the first time in over a decade, delighting fans from both sides. The match, planned for Tuesday, has “electrified Palestinians” not just because it’s a World Cup qualifying match, but because it’s a home game actually played at […]
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MUST-READS
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U.S. - SaudiU.S. defense secretary in Saudi to meet King Salman
Carter is to hold talks with King Salman in the Red Sea city of Jeddah, where the kingdom's rulers base themselves during the hot summer months.
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Iran Nuclear Agreement: IsraelPerspective: Netanyahu steered U.S. toward war with Iran – the result is a deal he hates
What truly focused U.S. priorities was that Israel made it clear to the White House in 2011-12 that Washington could otherwise be dragged into a war it could not control. One that would likely have devastating effects on both the United States and Israel. Thus started Obama’s urgent search for a nuclear deal.
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U.S.-SaudiU.S.-Saudi Fuel Feud Pits Saudis’ Secretive Ghawar Against Sprawling Bakken
How much crude the Saudis pump out of their largest field may determine the fate of some of America’s oilmen.
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Anti-ISIS Campaign: SyriaSyrian rebels get their first U.S.-trained fighters
The first contingent of Free Syrian Army members trained by the United States to fight the Islamic State crossed the border from the training facility in Jordan back into Syria this week, according to a U.S. official familiar with the program.
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Anti-ISIS Campaign: IraqU.S.-trained Iraqi forces mount attack on Ramadi
Thousands of American-trained-and-equipped Iraqi ground troops launched a long-awaited large-scale operation Monday against Islamic State militants in Anbar province, U.S. officials said.
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Shale Oil IndustryThere will be blood: U.S. Shale Industry
Shale matters. The industry has become huge—listed firms have invested over half a trillion dollars of capital. Much of that money has been raised through junk bonds: if you include privately held companies, shale firms owe almost as much debt as Greece.
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U.S. Middle East Arms SalesU.S. Offers Billions in Arms to Ease Mideast’s Iran Anxiety
An agreement to curb Iran’s nuclear program could create a bonanza for U.S. defense contractors who already are benefiting as the Obama administration tries to assuage Israeli and Gulf Arab concerns by cutting deals for more than $6 billion in military hardware.
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Iran NegotiationsJohn Kerry again warns U.S. ‘can’t wait forever’ on Iran nuclear talks – The Washington Post
The long, grueling nuclear talks with Iran are poised to break another deadline and continue at least a little longer, as negotiators said Thursday that they have been unable to resolve the remaining issues blocking a final agreement.
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U.S. SecurityReport Calls for New U.S. Security Architecture to Tackle Middle East Concerns
Arab countries may look to develop their own nuclear capabilities regardless of the United States’ ability to reach an agreement with Iran, panelists agreed at the discussion of a new Atlantic Council report on changing the American approach to Middle East security.
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ISIS in SyriaRout shows weaknesses of the Islamic State and U.S. strategy in Syria
The unexpected rout of Islamic State forces across a wide arc of territory in their northeastern Syria heartland has exposed vulnerabilities in the ranks of the militants — and also the limits of the U.S.-led strategy devised to confront them.
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