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In 2016, Saudi Restrictions Removed for U.S. Meat Exporters
- August 25,2016
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- Lucien Zeigler
2016 has been a good year for U.S. farmers and food producers looking to expand into the Saudi market as the Kingdom has relaxed previously established restrictions on both poultry and beef imports from the United States. In July, Saudi Arabia lifted a lengthy four-year ban on US beef imports that followed a scare over […]
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John Kerry to Visit Saudi Arabia
- August 19,2016
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- SUSTG Team
U.S. Secretary of State, John Kerry, will travel to Kenya, Nigeria and Saudi Arabia next week as part of a tour that is expected to focus on counter terrorism. Secretary Kerry is expected to be in Jeddah on Wednesday, August 24th. AFP reports that Secretary Kerry will meet with his counterparts from the six-nation Gulf […]
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As Civilian Casualties Grow in Yemen, Capitol Hill Questions U.S.-Saudi Arms Deals
- August 16,2016
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- Lucien Zeigler
As casualties mount in the Saudi-led war in Yemen to reinstate the legitimate U.N.-recognized Hadi government, some U.S. lawmakers are considering whether to block the sale of additional arms to Saudi Arabia. It is not known if the potential block has significant backing on Capitol Hill, and criticism of past arms sales to Saudi Arabia […]
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U.S. State Department Approves Potential $1.15b Sale of 130 Abrams Battle Tanks, 20 Armored Recovery Vehicles to Saudi Arabia
- August 10,2016
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- SUSTG Team
The U.S. State Department has approved the potential sale of more than 130 Abrams battle tanks, 20 armored recovery vehicles and other equipment, worth about $1.15 billion, to Saudi Arabia, the Pentagon said on Tuesday. “The State Department has made a determination approving a possible Foreign Military Sale to the Kingdom of Saudi Arabia for […]
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SABIC, Exxon Affiliate Studying JV Petrochemicals Complex on U.S. Gulf Coast
- July 26,2016
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- SUSTG Team
Saudi Arabia’s SABIC said Monday it is studying launching a jointly-owned petrochemicals complex with an affiliate of U.S. Exxon Mobil. fIf developed, the project would be “located in Texas or Louisiana near natural gas feedstock and include a world-scale steam cracker and derivative units,” the company said. Before making final investment decisions, the companies will “conduct necessary […]
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U.S. Warns Of ‘Potential, Imminent Threat’ Against Americans In Jeddah
- July 22,2016
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- SUSTG Team
The U.S. Embassy in Saudi Arabia posted a notice to its website yesterday warning of “potential, imminent threat against U.S. citizens in areas of Jeddah frequented by Westerners, such as markets, restaurants, and shopping malls, among others.” State Department spokesman John Kirby told reporters in Washington that the notice is “a security message, not a […]
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Deputy Crown Prince Mohammed bin Salman Back in U.S. for Defense, Anti-ISIS Talks
- July 21,2016
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- SUSTG Team
Deputy Crown Prince Mohammed bin Salman arrived in the United States for a second time in as many months this week for a defense ministerial meeting of nations involved in the effort to counter the self-described ISIS in Iraq and Syria, held at Joint Base Andrews, Maryland. Coalition partners taking part in the meeting “are looking for […]
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Pokemon GO Banned in Saudi Arabia; 3 Arrested at Jeddah Airport – Report
- July 20,2016
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- Lucien Zeigler
Pokemon GO, the viral video game phenomenon that has taken the U.S. and other markets around the world by storm, has been banned in Saudi Arabia, according to a report in the Evening Standard which cited the Arabic-language newspaper Almowaten. Pokemon GO is a game available on smartphones that allows users to catch different characters […]
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’28 Pages’ Released: Once-Classified Section of 9/11 Report Made Public; Saudi FM Al-Jubeir Says Matter Now ‘Finished’
- July 18,2016
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- SUSTG Team
The U.S. Congress on Friday released a long-classified section of the official report on the Sept. 11 attacks that described potential potential links between some of the hijackers and officials in Saudi Arabia. Saudi Arabia’s foreign minister said on Friday he welcomed the release of this “28 pages” of the official report. “The matter is […]
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G.E., Aramco Ventures Pump $52m into Boston-Area 3D Printing Startup
- July 6,2016
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- SUSTG Team
General Electric Ventures and Saudi Aramco Ventures have led an investment of $52m in total funding into a Boston-based 3D printing device company, Desktop Metal. Desktop Metal aims to bring “an everyday-use metal 3D printing solution to the workspace of every engineering team,” according to CEO Ric Fulop. Boston Business Journal reports that the investment from […]
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MUST-READS
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U.S. Clears Second-Largest Ever Loan of Oil From Strategic Reserve
The awards to seven companies -- part of a previously announced move -- mark the second-largest exchange of oil from the Strategic Petroleum Reserve ever, and bring the total amount of oil released from the cache to nearly 40 million barrels, according to the Energy Department.
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U.S. Central Command Statement on Use of Patriots to Defend U.S. Forces
"U.S. forces at Al Dhafra Air Base, near Abu Dhabi in the United Arab Emirates (UAE), engaged two inbound missile threats with multiple Patriot interceptors coincident to efforts by the armed forces of the UAE in the early morning hours of Jan. 24, 2022. The combined efforts successfully prevented both missiles from impacting the base. There were no U.S. casualties.
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Iran nuclear agreement unlikely without release of U.S. prisoners, negotiator says
The official, U.S. Special Envoy for Iran Robert Malley, repeated the long-held U.S. position that the issue of the four people held in Iran is separate from the nuclear negotiations. He moved a step closer, however, to saying that their release was a precondition for a nuclear agreement.
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U.S. safety firm withdraws certification for two oil tankers over Iran sanctions
Countries targeted by tougher U.S. sanctions, including Iran and Venezuela, have responded to the mounting pressure with elaborate strategies to circumvent restrictions on their oil exports. read more
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Saudi Arabia’s SABIC launches U.S. Gulf Coast project with ExxonMobil
Petrochemicals giant Saudi Basic Industries Corp's (SABIC) (2010.SE) joint venture project with ExxonMobil (XOM.N) in the U.S. Gulf Coast, which involves an ethylene production unit, has begun commercial operations, it said on Thursday. The company announced plans on Sept. 19 to establish an ethylene production unit with annual capacity of about 1.8 million tonnes, SABIC said in a bourse statement.
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UAE asks U.S. to reinstate Houthi terrorist designation after attack
Less than a month after he assumed office, President Biden rolled back the Trump administration’s decision to make the designation. He said it hampered humanitarian assistance to the Yemeni people. Since then, the Houthis have escalated their attacks against Saudi Arabia and other countries in the region — including an attack Monday in Abu Dhabi.
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U.S. Businesses Sour on Saudi Arabia in Blow to Crown Prince’s Growth Plans
Saudi Arabia courted the world’s top companies to modernize its economy. Instead, the business environment has grown more hostile and investors are souring on the oil-rich kingdom. Uber Technologies Inc., General Electric Co. and other foreign firms were hit by surprise tax assessments often totaling tens of millions of dollars. Construction company Bechtel Corp. sent some contractors home while it tried to collect on more than $1 billion in unpaid bills.
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The U.S. and Iran Move Closer to a Nuclear Deal
On Saturday, Iran’s Parliament placed largely symbolic sanctions on 51 Americans, many of them prominent political and military officials, for “terrorism” and “human rights violations,” in retaliation for the U.S. assassination of Iran’s top commander, Maj. Gen. Qassim Suleimani, two years ago.
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Fiscal Year 2021 U.S. Arms Transfers and Defense Trade
The three-year rolling average of State Department-authorized government-to-government Foreign Military Sales (FMS) cases implemented by the Defense Security Cooperation Agency for FY2019-FY2021 was $47 billion.
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U.S. special envoy for Horn of Africa to leave post
U.S. Special Envoy for the Horn of Africa Jeffrey Feltman will step down from his post this month after more than nine months in the job, and David Satterfield, the outgoing U.S. ambassador to Turkey, will take up the role, three sources familiar with the matter told Reuters on Wednesday.
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