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NCB: Saudi real GDP to grow 3.4 percent in 2015
- June 10,2015
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- SUSTG Team
Saudi Arabia will face “a moderate business cycle during 2015 and 2016, growing around 3% in real terms,” Saudi Arabia’s National Commercial Bank (NCB) finds in a recently released study. The study, entitled “Saudi Economic Perspectives 2015-2016” with the theme of “Tackling Challenges on Solid Ground,” finds less contribution from the oil sector and moderation in […]
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Level of Turmoil in Middle East at ‘Highest Point in 50 years’, Gulf Expert Writes in Politico Magazine
- June 5,2015
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- SUSTG Team
Gary Sick, a well-known and respected Gulf expert writes in an in-depth piece for Politico Magazine that the turmoil in the Middle East is at the highest point in 50 years, and that Saudi Arabia is dramatically increasing its efforts to slow the spread of Iranian influence across the region. Dr. Sick, a Columbia professor […]
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Cash Reward Offered for Wanted Men Connected to Mosque Bombings
- June 4,2015
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- SUSTG Team
Saudi Arabia’s government offered a $1.3m cash reward for men connected to bombings at mosques in the past two weeks, saying that “[a]nyone dealing with the wanted men will be held accountable,” according to Reuters and information posted by the Ministry of Interior and the Saudi Press Agency. The self-described Islamic State, or Daesh, claimed […]
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Saudi Arabia’s total exports in 2014 dropped by 8.9 percent
- May 29,2015
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- SUSTG Team
Saudi Arabia’s Central Department of Statistics found that total exports in 2014 dropped by 8.9 percent to SR1.28 trillion ($342.28 billion), while imports rose. Oil was the lion’s share of total exports at 83 percent of the total value of exports at $280 billion. According to Arab News and Saudi Arabia’s Central Department of Statistics, non oil […]
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Photos: King Salman Urges More ‘Support to Investment and Investors in the Kingdom’ at High-Level Business Gathering
- May 28,2015
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- SUSTG Team
In a focus on investment forum in Saudi Arabia, Custodian of the Two Holy Mosques King Salman spoke to leading business leaders and government officials at Al-Salam Palace on Wednesday and asked them to encourage “businessmen to invest in the Kingdom where the climate is conducive for business and where everyone gets a fair opportunity” and to […]
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Saudi Arabia Seeks Sikorsky MH-60R Helicopters, First Military Sale Request from a Gulf State Since Camp David Summit
- May 22,2015
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- SUSTG Team
The Royal Saudi Navy is seeking to purchase 10 Sikorsky MH-60R Sea Hawk helicopters as part of its naval expansion program, the first military purchase since the U.S.-GCC summit last week in Washington, Defense News reports. “The State Department has made a determination approving a possible Foreign Military Sale to the Kingdom of Saudi Arabia […]
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Sfakianakis: “The choices now being made stand to alter the face of the kingdom”
- May 20,2015
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- SUSTG Team
In a opinion piece in the London-based Financial Times (paywall), veteran banker in Saudi Arabia Dr. John Sfakianakis writes that tough decisions loom for the Kingdom’s leaders with regard to oil and energy use. “When your income is cut in half, it helps to have a few dollars on hand, but even then you will have to […]
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Reaction: GCC Camp David Summit ‘Exceeded Expectations’, Indicates ‘Clear and Continuing Commitment’ between U.S., Gulf Partners
- May 18,2015
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- SUSTG Team
Reaction from officials and analysts after last week’s U.S.-Gulf Cooperation Council (GCC) meeting indicate that President Obama’s outreach to leaders helped to shore up the U.S.-GCC alliance. “The countries of the Gulf Cooperation Council (GCC) may not have gotten what they wanted from the Obama administration this week, but they appear to have gotten some […]
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President Obama Hosts GCC Leaders to Camp David, Offers ‘Ironclad’ Security Commitment
- May 15,2015
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- SUSTG Team
President Barack Obama hosted a summit of GCC member states in Camp David this week to shore up U.S. security support for external threats to Gulf Nations and discuss the Administration’s nuclear deal with Iran. Saudi Arabia’s Foreign Minister Adel Al-Jubeir called the U.S.-Gulf Cooperation Council (GCC) summit at Camp David “unprecedented” and said the day had brought U.S.-Gulf […]
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French President Hollande in Riyadh for Talks on Regional Issues with GCC Leaders
- May 5,2015
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- SUSTG Team
French President François Hollande arrived in Riyadh for talks on regional issues in what a French diplomat told Reuters was an indication to the United States that the Saudi-French alliance was strong and getting stronger. According to Reuters, Hollande met Salman “for an hour after dinner at his personal palace on Monday, and the Saudi cabinet […]
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IranIran accuses US of ‘brazen plan’ to change its government, violating UN charter
Iran is accusing U.S. Secretary of State Rex Tillerson of "a brazen interventionist plan" to change the current government that violates international law and the U.N. Charter.
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Eid Al-Fitr: 2017Saudi, most Gulf Arabs start Eid al-Fitr on Sunday
Saudi Arabia, the birthplace of Islam, and most other Gulf Arab states will celebrate the Muslim Eid al-Fitr feast on Sunday to mark the end of the holy fasting month of Ramadan, regional media said on Saturday.
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SyriaPerspective: This Is How Great-Power Wars Get Started
The present political dynamics in the Middle East are unsettled and kaleidoscopic. But in the interests of brevity, leaving aside smaller players, and before we think about the role of the United States and Russia, the basic configurations of power in the region since the 2011 Arab Spring can be simplified in terms of five loose groupings.
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JordanAmerica’s Best Partner in Middle East HUMINT Needs Help
Jordan’s spies set the standard for the boots-on-the-ground intelligence sharing that is crucial to U.S. counterterrorism efforts.
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U.S.-Saudi RelationsState Department issues unusual public warning to Saudi Arabia and UAE over Qatar rift
The State Department issued an unusual public warning to Saudi Arabia and the United Arab Emirates on Tuesday over a diplomatic rift with fellow U.S. ally Qatar, and suggested that the Saudis may have provoked a crisis and drawn in the United States on false pretenses.
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Qatar DisputeCommentary: New assertive generation of Gulf leaders at heart of Qatar rift
Riyadh and its allies "are no longer risk averse," Chas Freeman, former U.S. Ambassador to Riyadh, said. "They were prudent, cautious to a fault. Now they are prepared to throw their weight around."
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Haider al-AbadiIraqi PM Abadi heads to Saudi Arabia at start of MidEast tour
Iraq's Prime Minister Haider al-Abadi headed on Monday to Saudi Arabia, the first leg of a Middle East tour that will also include Iran and Kuwait, in a diplomatic effort to foster regional reconciliation, his office said.
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GovernanceSaudi Minister Says Prosecutor’s Move Is Part of Wider Reforms
King Salman decided on June 17 to change the name of the Bureau of Investigation and Public Prosecution to Public Prosecution. He also moved it from under the control of the Interior Ministry, which is headed by Crown Prince Muhammad bin Nayef. The decree aims to guarantee the agency’s neutrality and shield it from outside influence, state media reported.
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Saudi Art and CultureUS show of Saudi art aims to share ideas, test perceptions
A U.S. exhibition featuring the works of roughly 40 Saudi Arabian artists aims to share their expressions, foster conversations and challenge conceptions of life in the conservative Islamic nation.
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Qatar DisputeCommentary: Qatar vs. Saudi Arabia: How Iran and the Brotherhood Tore the Gulf Apart
The story of how we got here dates back to 1990. It can be traced to Saudi Arabia and Qatar’s contrasting views on two dangerous forces: Iran and the Muslim Brotherhood.
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