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Crown Prince Mohammed bin Salman Visits South Korea ahead of G20 Summit in Japan
- June 27,2019
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- SUSTG Team
Saudi Arabia’s Crown Prince Mohammed bin Salman, en route to the G20 meetings in Japan this weekend, made an official and high-level visit to South Korea in a sign of strong ties between the two nations. Photos released by the Saudi Press Agency (SPA) show the Crown Prince was warmly received in South Korea. During the visit, […]
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Saudis Celebrate One Year Anniversary of Women Drivers in the Kingdom
- June 24,2019
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- SUSTG Team
One year ago today, women in Saudi Arabia were legally allowed to drive on the Kingdom’s roads for the first time, a landmark and life-changing event for many Saudi women and an undeniable leap forward for Saudi Arabia’s ongoing economic and social reforms. June 24, 2018 was the first day in which Saudi women were allowed […]
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Houthis Strike Abha International Airport in Saudi as Fears of Widening Conflict Grow
- June 13,2019
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- SUSTG Team
Yemen’s Houthi rebels attacked an airport in southern Saudi Arabia on Wednesday, wounding 26 people, the Saudi Press Agency (SPA) and other reports confirmed. Eighteen people were treated at Abha International Airport for minor injuries and another eight were taken to a hospital, according to the SPA, which quoted Turki al-Malki, spokesman of the US-backed Saudi-led coalition […]
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Putin Highlights Price Difference with Saudis and OPEC+ with Key Production Decision Looming
- June 6,2019
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- SUSTG Team
Saudi Arabia and Russia may not see eye-to-eye on the targeted price of crude oil, which could complicate the two sides’ efforts to reach a joint decision on supply, according to multiple reports. Russian President Vladimir Putin said on Thursday that Russia had differences with OPEC over what constituted an acceptable price for oil, but […]
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Fragile Ceasefire in Key Yemen Port Broken with Fresh Fighting after Cross-Border Drone Attack on Saudi Oil Pipelines
- May 15,2019
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- SUSTG Team
Fresh fighting broke out in a key port in Yemen yesterday, breaking a fragile cease-fire and threatening to complicate a troop withdrawal agreement intended to pave the way for wider peace talks, according to reports. Hodeidah port on the Western coast of Yemen “is a lifeline for millions of Yemenis threatened by starvation because of the war […]
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70 Percent Increase in New Licenses for Foreign Businesses in First Quarter, Al-Omar Says
- April 29,2019
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- SUSTG Team
The number of new licenses approved for foreign businesses in Saudi Arabia rose by 70 percent in the first quarter from a year earlier, the head of Saudi Arabia’s General Investment Authority (SAGIA) said. According to Bloomberg, applications from British and Chinese companies drove the increase, rising by 86 percent and 71 percent, respectively. The data […]
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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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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 Aramco Opens its Books, Officially the World’s Most Profitable Company
- April 1,2019
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- SUSTG Team
State-owned Saudi Aramco is the world’s most profitable firm, eclipsing global heavyweights like Apple and Samsung, according to new data revealed ahead of a major bond issuance. Saudi Aramco’s earnings last year before interests, taxes, and depreciation stands at $224 billion, almost three times as much as Apple. Net income last year was $111.1 billion. The revelation of […]
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Oil Notches Third Straight Week of Gains, but Global Economy Fears Still Weigh on Prices
- March 22,2019
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- SUSTG Team
Concerns that a looming economic slowdown might soon impact fuel consumption around the world are weighing down oil prices after Saudi Arabia and the OPEC+ group of oil producing nations have successfully reversed a downward trend for oil since the start of 2019. Brent hit a four-month high of $68.69 per barrel on Thursday, up from $51 […]
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MUST-READS
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U.S.-TurkeyCongress, State Department divided on sanctions against Turkey
As the US Congress continues to weigh potential sanctions against Turkey over its unremittingly hostile stance toward the United States, there is growing debate within the policy community about the merits of such action, with some arguing it could bow Turkey into submission and others insisting it will make the problem even worse.
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TurkeyCommentary: Turkey’s tough tactics with US and Germany will enable it to get its way
In international affairs it's not often that a country achieves two major breakthroughs in a single day. But, if things continue to go well (which is very far from certain), that may be what Ankara achieved on 15 February in soothing its previously troubled relations with both Germany and the US, its two main Western allies. For the past months, Turkey has been facing acute - though unrelated - problems with both countries.
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SyriaTurkey and Iran face off in a new battle in Syria
“Neither Russia nor Iran — both of whom Turkish politicians sometimes tout as potential replacements for the United States — seem terribly eager to accommodate Turkish interests,” wrote Nicholas Danforth, a Turkey expert at the Bipartisan Policy Center in Washington.
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SyriaAfrin: Syria ‘sending fighters to help Kurds against Turkey’
Syrian pro-government forces will help Syrian Kurds fighting against a Turkish offensive in north-west Syria, Syria's state news agency reports.
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TurkeyPerspective: Turkey’s Erdogan sets an example for illiberal, majoritarian governments
In a deeply polarized country, the sentiments reflect the platform through which Erdogan has built a majority to buttress his rule, bringing together Turkish ultranationalists and more pious conservatives
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U.S.-TurkeyCommentary: Handling Turkey’s Erdogan: What Washington can learn from Russia
Yet Russia, which has undermined Turkish security in all possible aspects — economic, political, and military — over the last few years, has received a carte-blanche from the Turkish president.
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U.S.-TurkeyTurkey: Relations with US at make-or-break point
Turkey claims US forces in Syria are intentionally stalling the fight against the "Islamic State" to justify cooperation with Kurdish fighters. US Secretary of State Rex Tillerson is due in Ankara later this week.
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Turkey SummitTurkey says to host Syria summit with Russia, Iran
Putin had already hosted a similar summit with his Turkish and Iranian counterparts in the Black Sea resort of Sochi in November.
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TurkeyTurkey’s ‘Big Year’ for IPOs Gets Off to an Underwhelming Start
Will 2018 prove to be a bumper year for Turkish initial public offerings? The early signs aren’t particularly good.
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Saudi-LebanonSaudi Arabia ‘not peeved’ at Hariri visit to Turkey
Saudi Arabia has denied reports that it was peeved with the visit by the prime minister of Lebanon to Turkey.
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