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Saudi-led Coalition in Yemen Announces Capture of Islamic State Leader in Yemen
- June 26,2019
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- SUSTG Team
Saudi special forces, with assistance from the United States, have captured the leader of the Yemeni branch of the Islamic State militant group, according to the Saudi-led military coalition fighting in Yemen and reported in Reuters. The leader, Abu Osama al-Muhajer, as well as other members of the organization including its chief financial officer, were […]
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In Saudi Arabia, Pompeo Seeks ‘Global Coalition’ On Iran; Dines at Nobu Popup with Crown Prince
- June 25,2019
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- SUSTG Team
Secretary of State Mike Pompeo visited Saudi Arabia on Monday in the first stop of a trip to the Gulf region to build a “global coalition” on Iran and express support for the security of Saudi Arabia. Pompeo held two separate meetings with King Salman and Crown Prince Mohammed bin Salman, photos show. Pompeo called the United States and […]
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U.S. Special Representative for Iran, Saudi Arabian Deputy Defense Minister Prince Khalid bin Salman Meet in Jeddah
- June 21,2019
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- SUSTG Team
U.S. Special Representative for Iran Brian Hook met with Saudi Arabian Deputy Defence Minister Prince Khalid bin Salman in Jeddah on Friday, the minister said in a tweet. Hook and Prince Khalid discussed recent attacks in the region. “Pleased to meet with United States Special Representative for Iran Mr. Brian Hook to explore the latest efforts to […]
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The Seven Wonders of Arabia, Aramco Expats’ Tribute to the Kingdom’s Top Heritage Sites – Part 2: Historic Jeddah
- June 21,2019
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- SUSTG Team
Last week, SUSTG published the first in a series of posts highlighting the seven wonders of Arabia as selected and featured by AramcoExpats.com, an online blog that is a resource for current and former Saudi Aramco expatriates and their families. As the Kingdom prepares to open itself up to more visitors and boost its tourism industry in line […]
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Saudi Desalination Plant Struck by Missile from Yemen, U.S. Drone Shot Down – Reports
- June 20,2019
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- SUSTG Team
A Saudi desalination plant was struck by a missile that appeared to come from within Yemen, according to reports. Hours after the statements from U.S. officials, Saudi Arabia confirmed the missile strike, saying it caused no damage or casualties, the Wall Street Journal reports. Shortly after the strike was made apparent, senior U.S. officials met at […]
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Declines in Saudi unemployment continue as more women join workforce, report says
- June 19,2019
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- SUSTG Team
A recently-released Jadwa Investment report on the Saudi labor market highlights gains made in edging down the Saudi unemployment rate, especially for women and youth in the Kingdom. According to Jadwa, The latest General Authority for Statistics (GaStat) labor market release for Q1 2019 shows that unemployment declined to 12.5 percent, reaching its lowest rate since […]
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Saudi Arabia’s Saudia Airlines Spends Big at Paris Airshow
- June 18,2019
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- SUSTG Team
Saudi Arabian flag-carrier Saudia announced at the Paris Airshow that it is expanding its existing order of Airbus A320neo family of plans from the current number of 35 “to as many as 100, including 35 options,” according to reports. The airline disclosed three years ago that it was taking 35 A320neo-family jets, including A321neos. The “neo” at the […]
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Aramco Expats’ The Seven Wonders of Arabia, a Tribute to the Kingdom’s Remarkable Heritage Sites – Part 1: Madain Salih
- June 14,2019
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- SUSTG Team
Aramco Expats, an online blog that is a resource for current and former Saudi Aramco expatriates and their families, recently published a series of excellent blog posts on the seven wonders of the Arabia – the best heritage sites and historical places in the Kingdom. The blog noted that this list was, in fact, the seven runners up to […]
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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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Report Looks at Surging Role of Sovereign Wealth Funds in GCC Economies
- June 12,2019
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- SUSTG Team
A recently-released joint publication from the Sovereign Wealth Fund Institute (SWFI) and Marmore Mena Intelligence examines the growing role of sovereign wealth funds (SWFs) in GCC economics. Sovereign wealth funds, like the Saudi Arabia Public Investment Fund (PIF), are growing in importance in GCC economies as they press ahead with economic diversification efforts and reduce their […]
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MUST-READS
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Social CapitalMosques, Social Capital, and the Economy
In Saudi Arabia, the government has taken two measures to facilitate congregational prayer: first, they have built a very large number of mosques, ensuring that people are almost always within walking distance of one; second, they require places of work and trading establishments to close during prayer time, so that employees and patrons have time to pray.
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Houthi Missile AttackSaudi Arabia intercepts ballistic missile over capital
Yemeni rebels on Saturday targeted an airport in Saudi Arabia's capital with a ballistic missile, according to Yemen's Houthi-controlled Defense Ministry. But the missile was intercepted over northeast Riyadh, the Saudi Ministry of Defense said in a statement carried on government-backed Al-Arabiya television.
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Benghazi AttackBenghazi attack: US captures man in Libya over 2012 raid
US forces have captured a man accused of involvement in the 2012 attack on an American compound in the Libyan city of Benghazi, President Donald Trump said.
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AfghanistanBlast in Afghan capital causes numerous casualties
A blast in the Afghan capital Kabul on Tuesday caused numerous casualties, Reuters witnesses and Afghan officials said.
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Saudi Capital MarketsTransforming Saudi Arabia’s Capital Markets
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NeomSaudi Arabia’s Neom: State-Led Growth Meets New Global Capitalism
In a series of high-profile gatherings, Saudi Arabia is inviting the world in, from the expansion of financial news coverage to hosting major diplomatic summits complete with pageantry. There is a sharp departure from the isolated and iconoclastic Saudi Arabia of the past.
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SyriaRaqqa: U.S.-backed force claims capture of Islamic State’s de facto Syrian capital
U.S.-backed forces in Syria claimed Tuesday that they had full control of the Islamic State’s onetime capital of Raqqa, heralding an end to the militants’ presence in their most symbolically important stronghold and raising new questions about the United States’ future role in Syria.
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Central AsiaInsta-stans: the cities of post-Soviet Central Asia captured on Instagram
From the stunning ancient cities of the Old Silk Road, to the ornate metro system of Almaty, social media allows people who live in or pass through the ‘Stans’ to share glimpses of their cities with the world
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Islamic StateSyrian commander says Raqqa has been captured from militants
U.S.-backed Syrian forces liberated the city of Raqqa from Islamic State militants Tuesday, a senior commander said, in a major defeat for the collapsing extremist group that had proclaimed it to be the capital of its "caliphate."
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Iraq-KurdsKirkuk: Iraqi forces capture key sites from Kurds
Iraqi government forces have captured key installations outside the disputed city of Kirkuk from Kurdish fighters. A military statement said units had taken control of the K1 military base, the Baba Gurgur oil and gas field, and a state-owned oil company's offices.
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