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Recent stories from sustg
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Senate Passes Joint Resolution to End U.S. Military Support for Saudi-Led Coalition in Yemen
- March 14,2019
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- SUSTG Team
The U.S. Senate passed a resolution Wednesday to end American support for the Saudi-led, U.N.-backed coalition in Yemen, issuing a challenge to President Donald Trump to use his first veto of his Presidency. The bill, entitled “A joint resolution to direct the removal of United States Armed Forces from hostilities in the Republic of Yemen that have not […]
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Large Quantities of Natural Gas Discovered in Red Sea, Al-Falih Says
- March 8,2019
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- SUSTG Team
Large quantities of gas have been discovered in the Red Sea, the official Saudi Press Agency said, citing comments made by Minister of Energy Khalid Al-Falih. Al-Falih said that Saudi Aramco will intensify exploration work over the next two years after completion of a feasibility study. Falih also said Saudi Aramco was studying possible Liquified Natural Gas (LNG) project […]
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Latest Economic Data Shows Continued Improvement in Saudi Economy, Jadwa Investment Says
- March 5,2019
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- SUSTG Team
Latest economic data from Jadwa Investment’s March 2019 economic chartbook shows more positive signs for the Saudi economy. Economic data reviewed by Jadwa for the month of January showed improvements for the economy, including a 32 percent rise in POS transactions, and a rise in non-oil PMI to its highest level since December 2017, the Riyadh-based bank said. […]
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Saudi Crown Prince Mohammed bin Salman arrives in China
- February 21,2019
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- SUSTG Team
Saudi Crown Prince Mohammed bin Salman arrived in China on Thursday, the third stop of his tour of Asian nations that started with visits to Pakistan and India. The Crown Prince is slated to meet Chinese President Xi Jin Ping during the official visit. China is Saudi Arabia’s largest trading partner, ahead of the United States. At […]
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Looking East, Crown Prince Mohammed bin Salman Arrives in Pakistan
- February 18,2019
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- SUSTG Team
Saudi Arabia’s Crown Prince Mohammed bin Salman arrived in Pakistan on Sunday for the start of a tour of several Asian nations as the Kingdom looks eastward to strengthen trade relationships and business opportunities. As is usually the case for the highest Saudi royal leaders on state visits, the Crown Prince traveled with a sizable entourage […]
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Once Taboo, Valentines Day is Celebrated in Saudi Arabia
- February 14,2019
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- SUSTG Team
Before 2018 in Saudi Arabia, Valentines Day was “an old tradition kept in the dark” and not openly celebrated by Saudis, instead being secretly observed by citizens in the privacy of their homes. Then, last year, Sheikh Ahmed Qasim Al-Ghamdi, former president of the Saudi “religious police” or Ha’ia, endorsed Valentine’s Day celebrations for the first time in […]
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December Economic Data Shows Slight Cooling but Non-Oil Exports Grow, Jadwa Says
- February 6,2019
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- SUSTG Team
The latest monthly economic chartbook released by Jadwa Investment found a cooling in some key economic data points, although the Saudi stock market soared by 10% in January as oil prices rose. The Riyadh-based Jadwa’s report found that POS rose by 10 percent while cash withdrawals were flat, and non-oil PMI index was marginally down […]
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Saudi Media Powerhouse SRMG Launches Independent Arabia
- January 25,2019
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- SUSTG Team
The Saudi Research and Marketing Group (SRMG) and the UK online publisher The Independent have launched a new digital news site, IndependentArabia.com. SRMG announced the appointment of Saudi journalist and political analyst Adhwan al-Ahmary as editor-in-chief of the online platform, while the new service will be staffed by a team of experienced journalists from Saudi Arabia […]
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Saudi Oil Reserves Are Even Bigger than Previously Estimated
- January 10,2019
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- SUSTG Team
An independent audit of Saudi Arabia’s oil reserves found that the Kingdom has more oil than previously estimated, according to reports and an official statement from the government of Saudi Arabia. The audit, conducted by Houston-based petroleum consultants DeGolyer & MacNaughton, had concluded that Saudi Arabia’s oil reserves total 268.5 billion barrels – over 2.2 […]
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Positive Trends Seen in Latest Saudi Economic Data; Non-Oil PMI Up
- January 2,2019
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- SUSTG Team
A recently-released report from Jadwa Investment found a positive trend in Saudi economic data for the month of November, with POS and cash withdrawals rising by 18 percent and 2 percent respectively, year-on-year, and growth in the non-oil PMI index. The monthly report from the Riyadh-based investment firm analyzes key macro and micro economic trends in […]
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TurkeyEU leaders to host Turkey’s Erdogan, the estranged uncle they can’t shut out
European Union leaders are so discomfited by their relationship with Turkey these days that they relegated their summit next month to Varna, a Bulgarian Black Sea port, rather than hold it in Brussels.
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TurkeyMcMaster to visit Turkey over weekend, Tillerson to come next week
S. National Security Advisor H.R. McMaster is expected to visit Turkey over the weekend, while Secretary of State Rex Tillerson will come next week, Turkish diplomatic sources confirmed Tuesday.
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TurkeyCourt orders Amnesty chair released from Turkey jail
A court in Istanbul has ruled for the release from jail of Amnesty International’s Turkey chairman, Taner Kilic, pending a verdict in his trial.
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Syrian RefugeesIn rethinking refuge, draw lessons from Turkey
Although nearly a million more have sought asylum in Europe, the majority of Syrian refugees reside in neighboring states, which have been called upon to shoulder the social, political, and economic consequences. Approximately 3.5 million are seeking new lives in Turkey.
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SyriaUS General to Turkey: We’re Not Pulling Back
As Turkish forces continued the assault on Afrin, the lead of U.S. Central Command on Monday urged Turkey and the U.S.-backed Syrian Democratic Forces, or SDF, to recognize each other’s legitimate security concerns but focus on the common enemy of ISIS.
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Middle East ArmsRussia May Sell Missile System to Qatar, Saudi Arabia, Syria and Turkey, Fueling All Sides of Middle East Conflicts
Qatar’s diplomat in Moscow has said his country was in serious talks to purchase an advanced Russian anti-aircraft missile system also sought by a number of other regional powers, some of which were at odds with one another.
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TurkeyHow Turkey Twisted Three Words Into a Pretext for Invasion
Turkey said it was forced to move lest the U.S. execute a plan to train and arm a 30,000-person, partially Kurdish, police force in Syria. But U.S. commanders on the ground and observers of Turkish foreign affairs say that Ankara’s attack was long planned. The so-called Border Security Force was a pretext.
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SyriaAfrin: Foreign fighters in Syria turn weapons on Turkey
An official from the Syrian Democratic Forces, an alliance in which the YPG fights, said that US, British and German citizens were among the "tens" of fighters in Afrin, Reuters reported.
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TurkeyTurkey detains scores over comments on Syria incursion
Turkey arrested dozens of people overnight for “spreading terrorist propaganda” about its Syrian incursion, state media said Tuesday, raising to nearly 100 the number of such detainees, including politicians, journalists and activists.
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TurkeyTurkey detains 91, including politicians, journalists, over Syria comments
Turkey arrested dozens of people overnight for "spreading terrorist propaganda" about its Syrian incursion, state media said on Tuesday, raising to nearly 100 the number of such detainees, including politicians, journalists and activists.
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