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Saudi Prince Turki al-Faisal Outlines Saudi Foreign Policy Principles, Bids Heartfelt Farewell to Late Brother at AUSPC Keynote
- October 19,2015
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- SUSTG Team
In remarks to attendees at the Arab-US Policymaker’s conference in Washington, D.C. last week, HRH Prince Turki al-Faisal outlined a Saudi foreign policy with three central pillars before paying a heartfelt tribute to his brother, the former foreign minister who passed away earlier this year. The remarks, included below, framed Saudi foreign policy around unity, […]
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Perspective: “Lessons from America’s Continuing Misadventures in the Middle East” – Chas Freeman’s Speech to AUSPC in Washington
- October 15,2015
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- SUSTG Team
In the opening keynote at this year’s 24th Arab-US Policymaker’s conference, Ambassador Chas W. Freeman, Jr. discussed the lessons from America’s “continuing misadventures in the Middle East.” The event, hosted by the National Council on U.S.-Arab Relations in Washington, D.C., enters its second day today at the Ronald Reagan International Trade Center. Ambassador Freeman chairs Projects […]
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New Social Media Study on Saudi Arabia Finds ‘Life for Many Saudis An Ecosystem of Apps’
- October 13,2015
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- SUSTG Team
With Saudi Arabia one of the most active countries in the Middle East on social media, a recent study found that Saudi users change their platform preferences relatively quickly “considering all the changes that have come to them.” “The world of social media has evolved at a prodigious pace where two years seem longer in duration considering […]
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Current and Long-Term Challenges for the Labor Market in Saudi Arabia – Jadwa Investment
- October 12,2015
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- SUSTG Team
A recently released report by Jadwa Investment on the Saudi labor market looks ahead to the potential significant challenges still facing the labor market within Saudi Arabia. “The Saudi Labor Market has undergone significant and dynamic change over the course of the last decade. The labor market is notably segmented and unique challenges are being […]
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Jadwa October 2015 Chartbook: Investment in Foreign Securities Recorded a Monthly Increase, First Time in 2015
- October 9,2015
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- SUSTG Team
Investment in foreign securities recorded a monthly increase for the first time in 2015, an indication that pressure continued to be relieved off foreign reserves as the main deficit financing tool, according to a recently released report by Riyadh-based Jadwa Investment. Additionally, net monthly withdrawals from government accounts continued to be small in August compared to […]
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Democratic Ex-Congressman Calls for Deepening of U.S.-Saudi Ties, ‘This partnership serves U.S. economic as well as security interests’
- September 29,2015
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- SUSTG Team
Former Rep. Gary L. Ackerman (D-N.Y.) from New York, who served for 30 years in the U.S. House, has penned an op-ed in The Hill outlining the importance of strengthening ties between the U.S. and Saudi Arabia. “Sometimes, it’s a good idea to reach out to your enemies. But don’t ever take old friends for […]
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Jadwa Investment: Oil sector GDP growth revised up following higher than expected year-to-date oil production in Saudi Arabia
- September 14,2015
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- SUSTG Team
In Jadwa Investment’s recently released report on the Saudi economy, the Riyadh-based finance firm sees limited upside to oil prices for the remainder of the year but increased production leading to growth in Saudi Arabia’s oil sector GDP. “Brent oil prices year-to-date average is currently 55 per barrel (pb), down 51 percent, year-on-year. The combination of […]
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King Salman’s Visit to Washington and Strengthening U.S.-Saudi Business Ties
- September 3,2015
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- SUSTG Team
In an op-ed today in Al Arabiya, Patrick Ryan of SUSRIS notes that while geopolitical issues are making headlines in advance of King Salman’s first visit to Washington as King, “no less visible will be the importance of the historic business relationship between the kingdom and America as demonstrated by an expected high-powered, day-long investment […]
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Jadwa Investment September 2015 Chartbook: Saudi Government Slows Reserves Drawdown, Oil Affects Stock Market
- September 2,2015
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- SUSTG Team
Jadwa Investment’s September 2015 Saudi Chartbook, a detailed look at key economic performance data for the Kingdom’s economy, finds oil prices pushing downward on the Saudi stock market, but a slowdown to 10-month lows in the Government’s drawdown on assets. Jadwa Chief Economist Dr. Fahad Alturki, in a message to investors, noted four key findings in […]
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Saudi Oil Exports Boosted to Record Numbers as IMF Urges Fiscal Policy Changes and Greater Economic Diversification
- August 19,2015
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- SUSTG Team
Saudi Arabia’s oil exports rebounded in June from a five-month low as the largest OPEC producer boosted output to a record, Bloomberg reports. Exports climbed to 7.37 million barrels a day from 6.94 million barrels in May, according to JODI data. Saudi Arabia told OPEC its June production was a record, exceeding a previous all-time high set in […]
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MUST-READS
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Vision 2030Opinion: Riyadh May Have Unleashed More Change Than It Can Handle
A rapid process of social and economic transformation is unfolding in a deeply traditional society, where it is inevitably causing some disquiet.
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Stock MarketSaudi Stock Exchange Gains Jump 17.5% Since Beginning of 2019
Saudi stock exchange gains jumped 17.5 percent since the beginning of the year, making it one of the world's most profitable stock markets in the first months of 2019.
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EgyptSisi could rule Egypt until 2030 under constitutional changes
Egypt’s parliament is to vote on a bill of sweeping constitutional changes this week that would increase President Abdel Fatah al-Sisi’s power and allow him to rule until 2030.
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AfghanistanAfghanistan To Send Delegates To ‘Exchange Views’ With Taliban In Qatar
Afghanistan will send a government delegation for talks with the Taliban in Qatar, in a potential breakthrough in efforts to end the nearly 18-year war, even as the militants said participants will attend the meeting only in a "personal capacity."
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Saudi Oil PolicySaudi Arabia may keep May crude prices little changed
Top oil exporter Saudi Arabia is expected to keep prices of various grades of crude it sells to Asia little changed in May from the previous month, trade sources said on Tuesday.
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Israel-GazaCalm appears to hold in Gaza despite exchange of fire
But violence could erupt again this weekend, when large-scale protests are expected along the Israel-Gaza frontier marking the anniversary of weekly rallies in which nearly 200 Palestinians have been killed by Israeli fire.
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IranIran after Khamenei: Prospects for Political Change
Because Ayatollah Khamenei has always supported a conservative, hardline agenda and worked against any form of "democratization" or "normalization" of the Islamic Republic, the opportunity for change from above may only come after he leaves the scene.
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ClimateClimate Change and Economic Diversification in Saudi Arabia: Integrity, Challenges, and Opportunities
This paper sheds light on Saudi Arabia’s climate change governance at the national level. In particular, it examines the challenges and opportunities for aligning climate change policies with the kingdom’s economic diversification strategies.
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SocietyCommentary: Few people are capable of evaluating Saudi social change. I am one of them.
I witnessed this change underway two weeks ago, when I attended a TEDx event in Riyadh, where my son Yossuf was among a dozen young Saudi speakers. The event was held at Riyadh’s King Saud bin Abdulaziz University for Health Sciences, under the theme of ‘Doors’ (doors to a pursuit of happiness, change, and self-discovery). What struck me most throughout the proceedings was the natural interaction between young men and women, which previously would have been forbidden at a public event like this under a mandated segregation policy.
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Women's RightsAll The Big Changes That Happened For Saudi Women Last Year
Here are the momentous things Saudi women were allowed to do that really show you why 2018 was a landmark year.
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