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Oil Soars as Two Saudi Oil Tankers Among Four Attacked off UAE Coast
- May 13,2019
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- SUSTG Team
Saudi Arabia said on Monday that two of its oil tankers were among those attacked off the coast of the United Arab Emirates, Reuters reports, with a total of four vessels being impacted by an attack. The UAE said on Sunday that four commercial vessels were “sabotaged” just outside the Strait of Hormuz. It did […]
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Bloomberg Economics: Rising Private Sector Spending, Fiscal Stimulus Boost Non-Oil Economy
- May 10,2019
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- SUSTG Team
Rising private sector consumption and government fiscal stimulus measures are expected to give a boost to the non-oil Saudi economy, Bloomberg Economics reports. “BE expects non-oil growth to average 2.6% this year, up from 2.1% in 2018, helped by fiscal stimulus, a lower drag from monetary policy and improved private consumption,” the outlet revealed in […]
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Senate Fails to Override Trump Veto on Yemen War
- May 3,2019
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- SUSTG Team
The Senate on Thursday fell short of the votes needed to override President Trump’s veto of legislation demanding an end of U.S. support for the Saudi-led military coalition operating in Yemen. The resolution passed in the House and Senate would have ended all U.S. involvement with the Saudi Arabia-led coalition in the war in Yemen. It marked […]
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End of U.S. Waivers on Iranian Oil Looms Large on Future OPEC Output Quotas, Jadwa Says
- April 25,2019
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- SUSTG Team
A recently released report by Jadwa Investment examines the potential impact of the decision by the Trump administration to not extend all waivers on Iranian oil beyond May 2nd. The ending of waivers would require the cessation of all oil purchases from Iran, which averaged at least 1.5 million barrels per day (mbpd) in Q1 2019. […]
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Al-Falih Signals ‘Wait and See’ Approach to Trump’s Harsher Iran Oil Sanctions
- April 23,2019
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- SUSTG Team
The recent decision by President Trump to end all Iran sanction waivers by May was welcomed in Saudi Arabia, but the Kingdom indicated it would respond cautiously with decisions on oil production. “President Donald J. Trump has decided not to reissue Significant Reduction Exceptions (SREs) when they expire in early May,” a White House readout […]
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Senate Overwhelmingly Confirms John Abizaid as US Ambassador to Saudi Arabia
- April 11,2019
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- SUSTG Team
The Senate overwhelmingly voted to confirm retired Gen. John Abizaid as the new US Ambassador to Saudi Arabia on Wednesday in a 92-7 vote, paving the way for the former head of then U.S. Central Command to be the first person to fill the post since President Trump took office. President Trump’s choice for the next U.S. Ambassador to Saudi […]
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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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House, Senate Vote to End U.S. Support of Yemen War, Setting Stage for Trump Veto
- April 5,2019
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- SUSTG Team
The U.S. House of Representatives approved a resolution on Thursday that would end all U.S. involvement with the Saudi Arabia-led coalition in the war in Yemen, Reuters reports. President Trump is likely to veto the resolution, the second veto of his presidency. The vote in the House was 247-175. 16 Republicans joined the majority Democrats in […]
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Saudi Arabia to Invest $35 Billion in Movie Theaters by 2020; Seeks 2,500 Screens
- April 4,2019
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- SUSTG Team
Saudi Arabia’s General Commission for Audiovisual Media (GCAM) announced that the Kingdom will spend $35 billion on cinemas by 2020, according to reports. The announcement was made Thursday at CinemaCon, the official convention of the National Association of Theatre Owners at Caesar’s Palace in Las Vegas. The GCAM is the authority in charge of issuing cinema licenses […]
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Lockheed Clinches $2.4 billion Deal for Sale of ‘Crown Jewel’ THAAD missiles to Saudi Arabia, Part of $15 billion Package
- April 2,2019
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- SUSTG Team
Bethesda, Maryland-based Lockheed Martin Corporation was awarded a $2.4 billion Pentagon contract on Monday for THAAD interceptor missiles, some of which will head to Saudi Arabia, Reuters reports. The announcement of the THAAD system was “part of a $15 billion package for defensive ballistic missile systems,” the UPI reports. Lockheed will provide interceptors and associated one-shot […]
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U.S. targets firms over Iranian drone production, shipment to Russia
The U.S. Treasury Department in a statement said it designated Tehran-based Safiran Airport Services, accusing it of coordinating Russian military flights between Iran and Russia, including those associated with transporting drones, personnel and related equipment.
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U.S. Special Envoy for Yemen Lenderking’s Travel to the UAE, Saudi Arabia, and Oman
U.S. Special Envoy for Yemen Tim Lenderking will travel to the United Arab Emirates, Saudi Arabia, and Oman starting September 8 to urge the parties to intensify UN-led negotiations in the coming three weeks, to act with urgency and flexibility, and to take the necessary steps to extend and expand the UN-mediated truce.
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Lawmakers Press Biden to Track U.S. Aid Tied to Civilian Harm in Yemen
A bipartisan group of senators on Wednesday urged the Biden administration to do more to ensure that U.S. military support to Saudi Arabia and the United Arab Emirates does not contribute to civilian harm in Yemen, following an internal watchdog report that said the United States has failed to assess how its aid is tied to such casualties. The report, released publicly in June, after The New York Times disclosed its existence, found that while the Pentagon oversaw $54.6 billion of military aid to Saudi Arabia and the United Arab Emirates from 2015 to 2021, top security officials failed to collect sufficient data and evidence on civilian casualties or monitor the use of American-made weapons.
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New U.S. military testing facility coming to Saudi Arabia
The U.S. military is developing a new testing facility in Saudi Arabia to help stifle an increasing number of threats to the region. First reported by NBC, three U.S. defense officials told the outlet that U.S. Central Command — which has an area of responsibility that includes the Middle East — is in the early planning stages of the new facility, which will be called Red Sands Integrated Experimentation Center.
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Albania cuts Iran ties over cyberattack, U.S. vows further action
Albania severed diplomatic relations with Iran on Wednesday and kicked out its diplomats after a cyberattack in July it blamed on the Islamic Republic, a move Washington supported as it vowed to take action in response to the attack on its NATO ally. Albania ordered Iranian diplomats and embassy staff to leave within 24 hours.
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U.S. military is developing plans to open a new testing facility in Saudi Arabia
While the location has not yet been finalized, the officials said Saudi Arabia makes the most sense because it has large open spaces owned by the government and the ability to test various methods of electronic warfare, like signal-jamming and directed energy, without interfering with nearby population centers. “With the Kingdom of Saudi Arabia as the center of gravity for many future regional security endeavors, this is an opportunity,” a U.S. defense official said.
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U.S. military is developing plans to open a new testing facility in Saudi Arabia
While the location has not yet been finalized, the officials said Saudi Arabia makes the most sense because it has large open spaces owned by the government and the ability to test various methods of electronic warfare, like signal-jamming and directed energy, without interfering with nearby population centers. “With the Kingdom of Saudi Arabia as the center of gravity for many future regional security endeavors, this is an opportunity,” a U.S. defense official said.
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U.S. flies B-52 bombers over Middle East in show of force
The U.S. bombers were accompanied by warplanes from the RAF, Saudi Arabia and Kuwait, while representatives from 16 nations helped organize logistical support, per the press release. Israeli warplanes also accompanied the mission, though their presence was omitted from the U.S. release.
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U.S. military is developing plans to open a new testing facility in Saudi Arabia
The facility will test new technologies to combat the growing threat from unmanned drones, and it will develop and test integrated air and missile defense capabilities. Early planning by Central Command, or CENTCOM, includes calling the facility the Red Sands Integrated Experimentation Center, drawing a parallel to the White Sands Missile Range, the U.S. military testing facility for extended-range missiles in New Mexico.
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Inside a U.S. Navy Maritime Drone Operation Aimed at Iran
The drone initiative, now in its sixth month, is part of a burgeoning cooperative relationship among the U.S., Israel and Gulf nations following the Abraham Accords. It mirrors another U.S.-led effort to unite Israel and its Gulf neighbors to create a regional air-defense network.
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