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Westinghouse in Talks with Other U.S. Companies to Bid for Saudi Nuclear Opportunities, Reuters Reports
- November 21,2017
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- SUSTG Team
An exclusive Reuters report reveals that Westinghouse is in talks with other U.S-based companies to form a consortium to bid in a multi-billion-dollar tender for two nuclear power reactors in Saudi Arabia, citing three industry sources. If the consortium forms and bids, it would have stiff international competition in countries like South Korea, France, and Russia, who […]
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With Regional Turmoil and Domestic Changes, Resolution of Qatar Crisis Slips in Priority for Saudi Arabia
- November 20,2017
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- SUSTG Team
The emergence of new foreign policy and domestic challenges for Saudi Arabia in recent weeks have taken precedent over resolving the Arab-led embargo of Qatar, according to Saudi Arabia’s leaders, as the United States reportedly has stepped in to support the Kingdom now elsewhere in the region. Exactly one month ago, Secretary of State Rex […]
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No Big Outflow of Money from Saudi Arabia Yet as U.S. Treasury Monitors Situation – Reports
- November 17,2017
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- SUSTG Team
There has been no big outflow of money from Saudi Arabia as a result of the sweeping anti-corruption crackdown that was announced two weeks ago, according to central bank governor Ahmed Al-Kholifey. In comments made to CNN and reported in Reuters, Al-Kholifey said Saudi Arabia is seeing “some increase, but it’s not that much,” and […]
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Saudi-Led Coalition Faces Mounting International Criticism of Yemen Blockade
- November 16,2017
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- SUSTG Team
Saudi Arabia is under growing international pressure from the U.N., U.S. Congress and global media outlets to unconditionally lift its blockade of Yemen, amid warnings of a serious deterioration to the already dire humanitarian situation in the war-torn country. In an unusual joint statement from the United Nations, the heads of the World Food Program, Unicef, and […]
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UK Government Agrees to $2b Loan Guarantee For Saudi Aramco
- November 9,2017
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- SUSTG Team
The U.K. government agreed to a $2 billion loan guarantee for Saudi Aramco as competition to host the likely largest in history IPO heats up, according to Bloomberg. “The unusually large export credit guarantee, designed to finance the purchase of British goods, will be seen by many as an attempt to help woo the IPO to the […]
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Trump Tweets U.S. Interest for Aramco IPO, but can the NYSE Compete?
- November 8,2017
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- SUSTG Team
President Donald Trump used his Twitter account to encourage Saudi Arabia to list shares of Saudi Aramco on the New York Stock Exchange (NYSE) as markets around the world compete for the sought-after listing. “Would very much appreciate Saudi Arabia doing their IPO of Aramco with the New York Stock Exchange. Important to the United […]
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Al-Jubeir: ‘There Is No Doubt’ Iranian-Built Missile Shot from Yemen ‘Act of Aggression’
- November 7,2017
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- SUSTG Team
Saudi Arabia’s Foreign Minister Adel Al-Jubeir said that Saudi Arabia had the right to defend itself against Iran and would take “appropriate” actions to counter Iranian aggression against the Kingdom, according to an interview the foreign minister gave to CNN. On Saturday, Saudi Arabia said it intercepted a missile shot from Yemen that nearly reached Riyadh’s […]
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What We Know About Neom, Saudi Arabia’s New Planned Mega-City
- October 25,2017
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- SUSTG Team
Saudi Arabia’s new massive planned city, Neom, is set to be the most ambitious undertaking of Saudi Arabia’s ambitious reform plans to-date. Here’s what we know about Neom so far. The new planned city is massive. At 10,000 square miles (26,500 square kilometers), the city extends across the borders of three countries, the first special […]
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Secretary Tillerson, in Riyadh, Pledges Support for Saudi-Iraq Relationship to Counter Iran
- October 23,2017
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- SUSTG Team
U.S. Secretary of State Rex Tillerson visited Riyadh over the weekend to express U.S. support for a warming of relations between Saudi Arabia and Iraq as the two nations inaugurate the first meeting of the Saudi-Iraq Coordination Council, a new organization that will facilitate bilateral ties. The inaugural Coordination Council meeting marks a warming of relations between Riyadh and Baghdad. […]
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Secretary of State Rex Tillerson to Travel to Saudi Arabia October 20th for Saudi-Iraq Meet
- October 20,2017
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- SUSTG Team
U.S. Secretary of State Rex Tillerson will travel to Riyadh, Saudi Arabia to take part in the inaugural Coordination Council meeting between the governments of Saudi Arabia and Iraq. The Secretary will also meet with various Saudi leaders to discuss the conflict in Yemen, the ongoing Gulf dispute, Iran, and a number of other important regional and […]
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MUST-READS
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U.S. joint forces attend Saudi Cultural Day
U.S. service members ride camels at the Prince Sultan Air Base Museum, Kingdom of Saudi Arabia, May 28, 2022. More than 700 U.S. service members attended the Saudi Cultural Day. The three-day event, May 27-29, was hosted through a collaborative effort between the Scientist's Gift Program, local members of the Royal Saudi Air Force, and the 378th Air Expeditionary Wing’s Host Nation Coordination Cell, to provide an opportunity to learn about the history, culture and traditions of Saudi Arabia.
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U.S. says it will cut costs for clean energy projects on public lands
The Biden administration on Tuesday said it would substantially reduce the cost of building wind and solar energy projects on federal lands to help spur renewable energy development and address climate change. The new policy comes after years of lobbying from clean power developers who argued that lease rates and fees for facilities on federal lands were too high to draw investment.
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Joint Statement on the Meeting of the U.S.-Israel Strategic Consultative Group
U.S. National Security Advisor Jake Sullivan and Israeli National Security Advisor Dr. Eyal Hulata convened a meeting at the White House of the U.S.-Israel Strategic Consultative Group (SCG).
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Trump Policies Sent U.S. Tumbling in a Climate Ranking
The 2022 edition of the index, provided to The New York Times before its release on Wednesday, scored 180 countries on 40 indicators related to climate, environmental health and ecosystem vitality. The individual metrics were wide-ranging, including tree-cover loss, wastewater treatment, fine-particulate-matter pollution and lead exposure.
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Fred Hof: Lessons Learned from U.S. Negotiations with Syria
Ambassador Fred Hof is a diplomat in residence at Bard College. He has a long and distinguished government career as a foreign area officer of the U.S. Army, and as a diplomat working on resolving difficult territorial conflicts in the Levant—often working closely with former Senate majority leader George Mitchell. He's the author of the recently published book Reaching the Heights: The Inside Story of a Secret Attempt to Reach a Syrian-Israeli Peace
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U.S. Refiners Set To Add Just 350,000 Bpd Capacity By End-2023
Some of the biggest refiners are working on expanding the crude oil processing capacity at large existing facilities, but those additions will not fully offset the U.S. refinery processing capacity, which closed during and right after COVID. ExxonMobil, Valero, and Marathon Petroleum are currently working on the expansion at three large refineries, which will bring a combined 350,000 barrels per day (bpd) additional crude distillation capacity in the United States, Dylan Chase of Argus
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Israel Tells U.S. It Killed Iranian Officer, Official Says
Israeli officials say the officer, Sayad Khodayee, was a leader of a covert unit tasked with abductions and killings of Israelis and other foreigners around the world. Iran does not acknowledge that the unit exists.
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Analysis: Subtle shift in U.S. rhetoric suggests new Iran approach
"The formulation is now 'it's still in our national security interest to have this' given the alternatives," Ross said. "This is an agreement where the breakout time will not be what it once was, because of the advances in the program, but this is still better than the alternatives available to us," he said. "That's the essence of where they are."
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U.S. negotiating deal among Saudis, Israelis and Egyptians on Red Sea islands transfer
The Tiran and Sanafir islands control the Straits of Tiran — a strategic sea passage to the ports of Aqaba in Jordan and Eilat in Israel. Saudi and Egyptian officials say Saudi Arabia gave Egypt control of the islands in 1950. They were later demilitarized as part of the 1979 Israeli-Egyptian peace treaty.
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Readout of U.S. – Kingdom of Saudi Arabia (KSA) Strategic Joint Planning Committee (SJPC) May 17-18, 2022
Dr. Kahl conveyed his full support for Saudi Arabia’s Ministry of Defense transformation process, a top priority for Saudi Arabia and for the United States. He thanked HRH Prince Khalid bin Salman for Saudi Arabia’s critical role working with the United States and United Nations to achieve the current truce in Yemen and expressed the U.S. hope that the truce be extended and the war come to an end soon. Dr. Kahl noted the need to work together on advancing regional integrated air and missile defense. Both sides agreed on the importance of continuing to advance the U.S.-Saudi military cooperation through joint training, exercises, and strong desire to expand regional cooperation and security.
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