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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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CMA Tightens Curbs on Anonymous Investors in Preventive Measure to Curb Money Laundering and Terrorist Financing
- October 14,2015
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- SUSTG Team
Saudi Arabia’s Capital Market Authority has further tightened its restrictions on anonymous investors trading shares through brokers in a bid to prevent money laundering and financing of militant groups, Reuters reports. The new rules apply to Saudi and Gulf-based brokers and banks “which offer opportunities to invest in the Saudi stock market through funds called ‘nominee accounts’. […]
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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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An Overview of the Conflict in Yemen, in Maps
- October 1,2015
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- SUSTG Team
The European Council on Foreign Relations published an extensive and informative overview of the conflict in Yemen using maps to show the country’s political history and ongoing conflicts. “Far from reaching a tidy conclusion,” the conflict is War in”growing, if anything, more complicated by the day,” the EUCFR writes. “Rather than being a single conflict, […]
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HRH Prince Turki al-Faisal, in First Interview with Israeli Media, Chides Netanyahu for Refusing Peace
- October 1,2015
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- SUSTG Team
HRH Prince Turki al-Faisal gave his first televised interview with the Israeli media station Haaretz, and told the outlet that if Netanyahu was a far-sighted leader, he would negotiate on the basis of the Arab Peace initiative. If Benjamin Netanyahu “was more of a far-sighted leader, he would break the logjam and negotiate on the […]
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SAMA Draws Down on ‘$50-70 Billion’ From Foreign Assets in Face of Sustained Oil Price Slump
- September 28,2015
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- Lucien Zeigler
Saudi Arabia is seeking to cut its widening deficit and “reduce exposure to volatile equities markets amid the sustained slump in oil prices” as it draws down a reported $50-$70 billion from foreign holdings around the world in 2015, according to a Financial Times report. The sale of assets is in line with estimates on […]
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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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U.S.-Saudi Investment Forum Opens in Washington, D.C. with Panel of Ministers and High-Level Government Officials
- September 4,2015
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- SUSTG Team
The U.S.-Saudi Investment Forum opened today in Washington, D.C. with a panel of high level ministers and officials to discuss the investment climate in Saudi Arabia. The event opened with a keynote by Abdullatif al-Othman, Governor and Chairman of the Saudi Arabia General Investment Authority (SAGIA), the primary organizer of the event alongside the Council […]
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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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MUST-READS
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War in YemenAnalysis: UAE Drawdown May Isolate Saudi Arabia in Yemen
UAE sources claim that Emirati units are almost 100 percent out of Marib, 80 percent out of Hodeida, and beginning to withdraw from Aden, leaving local oversight to the Yemeni forces they have trained (i.e., the Security Belt and the Elite Forces).
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U.S.-IranCommentary: Iran shifts to higher-risk strategy as Trump bears down on pressure campaign
“The thing is, the less the Iranians have to lose, the less risk averse they will become,” Vaez said, adding, “It would be quite typical of [Iranian Supreme Leader Ayatollah Ali] Khamenei to allow several policies to run in parallel.”
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Yemen Civil WarExclusive: UAE scales down military presence in Yemen as Gulf tensions flare
The United Arab Emirates, a key member of the Saudi-led coalition fighting in Yemen, is scaling back its military presence there as worsening U.S.-Iran tensions threaten security closer to home, four western diplomatic sources said.
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Trump Peace PlanPalestinians double down on Bahrain conference boycott after first unveiling of Kushner’s plan
“If they really care about the Palestinian economy they should start by lifting the siege of Gaza, stopping Israel stealing our money and our resources and our land and opening up our territorial waters, our air space and our borders so we can freely export and import,” Ahsrawi said.
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Commercial FlightsGlobal airlines reroute flights after Iran downs US drone
Major airlines from around the world on Friday began rerouting their flights to avoid areas around the Strait of Hormuz following Iran’s shooting down of a U.S. military surveillance drone there, as America warned commercial airliners could be mistakenly attacked.
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U.S.-IranIran Revolutionary Guard shoots down US drone amid tensions
Iran used its air defense system known as Third of Khordad to shoot down the drone — a truck-based missile system that can fire up to 18 miles (30 kilometers) into the sky, the semi-official Fars news agency reported.
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SmartphonesEMEA Smartphone Market Stable in Q1 but Middle East Slump Pulls Down Value, Says IDC
The Middle East recorded the biggest contraction in smartphone volumes, at 18.8% below the year before total, and a drop of almost a third in value, as recent buoyancy in the oil price has so far failed to translate into more consumer confidence and expenditure. The African market was the fastest growing, at 6%, with little change in the European volumes.
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WWE in KSAWWE Super ShowDown in Jeddah – Talking points from latest Saudi Arabia event
There is plenty of passion, and plenty of noise. The pops for Triple H and Randy Orton were excellent; Seth Rollins got plenty of support, as did Kofi Kingston.
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PlasticsPlastic Trash Crackdown Worries Oil Companies Like Shell, Exxon
The global crackdown on plastic trash threatens to take a big chunk out of demand growth just as oil companies like Saudi Aramco sink billions into plastic and chemicals assets. Royal Dutch Shell Plc, BP Plc, Total SA and Exxon Mobil Corp. are all ramping up investments in the sector.
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WWE in KSA2019 WWE Super ShowDown matches, card, start time, date, predictions, location, Saudi Arabia PPV
With Super ShowDown just days away now, the match card has completely taken shape. And WWE is trying not to disappoint, with a showdown featuring two legends who have yet to ever meet one another already on tap as well as a battle royal the size of which the company has never seen before.
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