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Report: Saudi Delegation of Companies Led by Ministry of Economy and Planning Set to Visit New York
- July 19,2018
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- SUSTG Team
The Saudi Ministry of Economy and Planning (MEP) will lead a delegation comprising of a “number of government and private-sector entities and representatives of charitable associations” to the United States to present a review of the country’s progress on sustainable development, according to reports. The delegation will participate in the UN’s High-level Political Forum on […]
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Will Uber and Careem Merge?
- July 5,2018
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- SUSTG Team
San Francisco-based Uber Technologies Inc. and Dubai-based Careem Networks FZ are in preliminary talks to combine their Middle Eastern ride-hailing services, according to reports, in a merger that would create one dominant presence in the market and avoid a potentially costly rivalry. Bloomberg reports that the two companies have discussed a potential merger but the companies have only discussed […]
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Privatization and Vision 2030: Report Looks at Opportunities, Challenges for Saudi Arabia’s Ambitious Plans
- June 12,2018
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- SUSTG Team
A recently released Jadwa Investment report lays out in detail Saudi Arabia’s ambitious privatization plans as part of its Vision 2030 economic and social reform program and identifies opportunities and challenges for decision-makers. The research report, entitled “Privatization and Vision 2030” which was emailed in a note to investors by Jadwa’s head of research Dr. Fahad Alturki, […]
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Report: Trump Requested Saudi Oil Support Before Iran Nuclear Decision
- June 8,2018
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- SUSTG Team
A day before President Trump withdrew from the Iran nuclear deal, one of his senior officials phoned key ally Saudi Arabia to ask the world’s largest oil exporter to help keep prices stable if the decision disrupted supply, Reuters reports. As Reuters reports, although the U.S. and Saudi Arabia are close allies, rarely has the United States put […]
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IMF: Saudi Arabia Making ‘Good Progress’ on Vision 2030, Should Focus on Balanced Budget in 2023
- May 23,2018
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- SUSTG Team
Saudi Arabia is making good progress in implementing Vision 2030 economic and social reforms, the International Monetary Fund (IMF) said in a statement late on Tuesday, as it urged the Kingdom not to increase spending and to focus on a balanced budget by 2023. “The government remains committed to wide-ranging economic and social reforms to transform the […]
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Saudi Ministry of Justice Announces Launch of Alimony Fund ‘Modeled on UK’s Child Maintenance Service’
- May 15,2018
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- SUSTG Team
Saudi Arabia’s Ministry of Justice is planning to launch an alimony fund similar to the United Kingdom’s Child Maintenance Service in an attempt to “empower mothers and provide sustainable living and support, for them and their children,” the Ministry said in a press release. The alimony fund is dedicated to women who are divorced and facing difficulty […]
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Tadawul IPO Pushed to ‘2019 at the Earliest’ as Kingdom Eyes MSCI Inclusion Bump
- April 24,2018
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- SUSTG Team
Saudi Arabia is delaying the IPO of the Tadawul, the Kingdom’s stock exchange, “on hopes that a potential MSCI Inc. upgrade could boost its value,” according to Bloomberg which cited people with knowledge of the matter. The Tadawul has pushed back plans to sell shares “to 2019 at the earliest,” according to Bloomberg, because waiting until after MSCI’s […]
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Saudi, Qatar Bond Issues Get Cozy; Both Oversubscribed
- April 12,2018
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- SUSTG Team
Saudi Arabia beat out regional rival Qatar’s first bond issuance since the Gulf crisis began with its own “surprise” $11 billion raise, which drew $52 billion of orders this week, according to reports. Saudi Arabia denies that the timing of the quick-fire raise was not aimed at damaging Qatar’s issuance. The Saudi debt management office told the […]
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Now West, Crown Prince Salman Meets with Tech Elite in Seattle
- April 2,2018
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- SUSTG Team
Saudi Arabia’s Crown Prince Mohammed bin Salman met with some of the world’s most prominent technology executives in Seattle this weekend as part of his three-week long official visit to the United States. The powerful millennial has prioritized technology as part of Saudi Arabia’s Vision 2030 social and economic reform blueprint, and has used the newly-empowered Public […]
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Crown Prince Mohammed bin Salman visits Harvard, MIT in Boston
- March 26,2018
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- SUSTG Team
Crown Prince Mohammed bin Salman visited Harvard University and MIT in Boston, Massachusetts over the weekend to tour two of America’s premiere higher education campuses and talk about the importance of research and entrepreneurship to Vision 2030. The visit to Boston is the second stop in a weeks long tour across the United States, his first […]
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MUST-READS
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Military StrategyAnalysis: America’s Big Military Mistake: Cutting Land Forces Too Quickly
In the 1920s, the advent of the airplane was going to make all forms of combat on land obsolete. That turned out badly wrong. In the 1950s, nuclear weapons were going to replace traditional ground forces for many missions. That left the Army unprepared for Vietnam in the 1960s, and it resorted to a firepower-heavy form of warfare that was arguably its least impressive wartime performance in American military history. In the 1980s and 1990s, fresh off Vietnam, the Army itself decided not to prepare for such counterinsurgency scenarios any longer. That worked out fine for Operation Desert Storm in 1991 but much less well for the wars in Iraq and Afghanistan.
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IranU.S. think-tank says it located possible blast at Iran military site
The Washington-based Institute for Science and International Security (ISIS) said it had obtained commercially available satellite imagery on which six buildings at Parchin appeared damaged or destroyed.
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KobaneU.S. frustration rises as Turkey withholds military help from besieged Kobane
“They want the U.S. to come in and take care of the problem,” a senior official said, but the Pentagon has said U.S. strikes alone can’t drive the Islamic State from Kobane, on Turkey’s border.
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Turkey and ISISTurkey to approve a bigger military role in Iraq and Syria — but not on American terms
Erdogan urged lawmakers to vote in favor of the resolution authorizing intervention in Syria and Iraq, which renews a similar 2012 mandate set to expire Saturday. Significantly, this authorization adds language allowing the government to permit “foreign militaries” to use Turkish soil for cross-border attacks, potentially paving the way for the United States to launch airstrikes from Turkish bases. The proposal is expected to pass because Erdogan’s Justice and Development Party has a majority in parliament.
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U.S. Public OpinionSlightly Fewer Back ISIS Military Action vs. Past Actions
Americans' 60% approval for U.S. military action against Islamic militants in Iraq and Syria, commonly known as ISIS, is slightly below their average 68% approval for 10 other U.S. military operations Gallup has asked about using this question format. Americans have been a bit less supportive of recent military actions after prolonged engagements in Afghanistan and Iraq.
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US MilitaryRift widens between Obama, U.S. military over strategy to fight Islamic State
Despite Obama’s promise that he would not deploy ground combat forces, Dempsey made clear that he didn’t want to rule out the possibility, if only to deploy small teams in limited circumstances. He also acknowledged that Army Gen. Lloyd Austin, the commander for the Middle East, had already recommended doing so in the case of at least one battle in Iraq but was overruled.
- Reuters - France Says It Launches First Air Strikes in Iraq
- Army Times - Odierno Did Not Call for U.S. Ground Forces to Fight ISIS, Spokeswoman Says
- Stars and Stripes - Islamic State opens major offensive in north Syria
- Government Executive - Obama's ISIS Strategy Will Not Achieve Its Goals, Security Insiders Say
- National Journal - Pentagon Signs Off on Plan for Striking ISIS in Syria
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U.S. StrategyOpinion: Degrade and destroy? Unclear military goals are an American tradition
Steadily increasing men and money ($7.5m every day, per a late-August Pentagon total) into Iraq follows from the goal Obama laid out last week: to degrade and ultimately destroy Isis. It signals toughness and finality, yet its meaning is elusive.
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US Foreign PolicyHouse approves Obama’s Iraq-Syria military strategy amid skepticism
The vote placed Congress one step closer to authorizing the third significant U.S. military operation in Iraq in the past quarter century, and it put lawmakers on record approving U.S. engagement in the years-long Syrian civil war. It delivered Obama much-needed domestic political support as he seeks an international coalition to combat the growing threat of Islamist terrorism in the Middle East. But the tally — 273 to 156 — also revealed widespread misgivings in both parties about the plan’s chances of success, even among lawmakers who voted in favor of it.
- Defense One - Petraeus, Crocker Support Plan To Arm and Train Syrian Rebels
- Military Times - U.S. Officials Parse Term 'Ground Troops' When Describing Iraq Mission
- National Journal - Joe Biden on Using American Ground Troops Against ISIS: 'We'll Determine That Based on How the Effort Goes'
- AP - Senate Next After House Backs Obama on Rebel Aid
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Islamic StateMilitary Skill and Terrorist Technique Fuel Success of ISIS
As fighters for the Islamic State in Iraq and Syria continue to seize territory, the group has quietly built an effective management structure of mostly middle-aged Iraqis, including many military officers under Saddam Hussein, overseeing departments of finance, arms, local governance, military operations and recruitment.
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MilitarySaudi Prince Miteb rules out need for military conscription
“This is out of the question because we find that the number of volunteers among citizens for joining the military sector is very high, whether to the academies or institutes” he said, when asked about the possibility of introducing conscription in the kingdom.
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