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Recent stories from sustg

  • State Department Approves $1 Billion in New Military Sales to Saudi Arabia
     

    The State Department approved a possible sale of $670 million in TOW 2B (BGM-71F-Series) missiles to Saudi Arabia, according to a release from the Defense Security Cooperation Agency (DSCA). Together, with a new $300 million sale for spare vehicle parts for the Royal Saudi Land Forces Ordnance Corps, the new deals announced amount to nearly $1 billion. Defense Secretary James Mattis on […]

     
  • Crown Prince Mohammed bin Salman Kicks Off Two Week U.S. Visit Today with Meeting at White House
     

    Saudi Arabia’s Crown Prince Mohammed bin Salman arrived in Washington, D.C. last night and will kick off a two week, multi-city U.S. tour with a meeting today at the White House. The Saudi embassy in Washington, D.C. issued a release providing further details on the trip, noting that in addition to meeting with President Trump […]

     
  • Shrugging Off Uncertainty, Investors Pour Money into Saudi Arabia with ‘Strong Underlying Fundamentals’
     

    Saudi Arabia is “the hottest emerging market” right now as investors appear to be shrugging off concerns surrounding last year’s crackdown on corruption and with optimism surrounding Vision 2030’s economic and social reforms now coming into effect, CNN Money reports. “Equity funds investing in Saudi Arabia saw net inflows of $110 million between the start […]

     
  • Saudi Arabia, United Kingdom Pledge Billions in Bilateral Trade and Investments
     

    Saudi Arabia and the United Kingdom re-affirmed bi-lateral trade and investment ties on the second day of Crown Prince Mohammed bin Salman’s visit in London with billions in deals eyed in the coming years. Saudi Arabia’s crown prince and the U.K.’s prime minister launched an economic and investment partnership called the U.K.-Saudi Arabia Strategic Partnership […]

     
  • Saudi Crown Prince Mohammed bin Salman Adds Egypt Leg to International Trip
     

    Saudi Arabia’s Crown Prince Mohammed bin Salman will begin a weeks long international tour with a three day visit to Egypt, according to a Reuters report citing confirmation from the office of Egypt’s president Abdel Fattah Al-Sisi. Egypt and Saudi Arabia have enjoyed strong ties since Al-Sisi took power and ousted the Muslim Brotherhood in 2013. […]

     
  • New Life-Sized Camel Sculptures Discovered in Saudi Arabia May Date Back 2,000 Years
     

    Archaeologists from France’s National Center for Scientific Research (CRNS) and their colleagues from the Saudi Commission for Tourism and National Heritage (SCTH) have discovered camelid sculptures “unlike any others in the region” dating back to the first centuries BC or AD, according to a press release from the CRNS. The find sheds new light on the evolution […]

     
  • ACWA Power Wins First Utility-Scale Solar Energy Project in Saudi Arabia
     

    Saudi Arabia has announced that ACWA Power, the Saudi power generation and desalination company, has won the contract for the first utility scale solar power project in Saudi Arabia with a record-breaking tariff of 2.34 US-cents per kilowatt-hour, according to reports. ACWA Power announced the win on its website on Tuesday. “This plant is the first of what […]

     
  • Saudi Aramco CEO Says Company Eying U.S. Expansion
     

    Saudi Aramco’s CEO Amin Nasser said the company was eying expansion in the United States “where President Donald Trump’s tax cuts and support for the oil industry are making business increasingly attractive,” Reuters reports. Nasser also lauded the Trump administration as being friendly toward the oil industry. “The Trump administration has been positive towards the energy […]

     
  • House Speaker Ryan meets Saudi King Salman in Riyadh
     

    U.S. House Speaker Paul Ryan is leading a Congressional delegation to the Middle East, meeting with Saudi King Salman Wednesday in the first regional stop for talks centered on security, the Associated Press reports. The week-long Congressional Delegation (CODEL) trip to the Middle East “will focus on regional stability, the campaign against ISIS and terrorism, […]

     
  • Saudi Alternative Energy Sector Set for Big Year with Localization in Focus
     

    With U.S. shale now forecasted by analysts and the U.S. EIA to out-produce Saudi Arabia and Russia in 2018, and Saudi Arabia needing to burn less of its own oil for domestic use and continue toward a more sustainable economy, alternative energy in the Kingdom has never been hotter. Saudi leaders have long talked about the benefit of a […]

     

MUST-READS

  • Trump Venues Bank on Golf, With Help From Saudi Arabia

    Amateur golfers lined up on Thursday at the Trump National Doral near Miami, having agreed to pay more than $9,000 apiece to play a friendly round alongside some of the world’s top professionals. Rooms at the resort hotel will fill up with fans as a pro tournament featuring some of the biggest names in the sport gets underway on Friday. The resort’s restaurants and bars will pull in more business, and the Trump name will be beamed around the world on television and the internet. Behind this surge in business at one of former President Donald J. Trump’s properties is his deal to host tournaments for LIV Golf, the upstart league sponsored by Saudi Arabia’s sovereign wealth fund.

  • Saudi Arabia to host women’s tennis WTA Finals for the next three years

    The season-ending Women’s Tennis Association (WTA) Finals will be held in Saudi Arabia’s capital Riyadh from 2024-2026, the tennis body said, ending months of speculation and marking the Gulf country’s latest foray into the sport. “To have a women’s tournament of this magnitude and profile is a defining moment for tennis in Saudi Arabia. The WTA Finals has the power to inspire far beyond the sport, especially for our young girls and women,” Saudi Minister of Sport Prince Abdulaziz bin Turki Al Faisal Al Saud said on Thursday.

  • Majority of recent CO2 emissions linked to just 57 producers, report says

    The vast majority of planet-warming carbon dioxide emissions since 2016 can be traced to a group of 57 fossil fuel and cement producers, researchers said on Thursday. From 2016 to 2022, the 57 entities including nation-states, state-owned firms and investor-owned companies produced 80% of the world's CO2 emissions from fossil fuels and cement production, said the Carbon Majors report by non-profit think tank InfluenceMap.

  • Israel-Gaza war updates: What is happening now, six months on?

    Six months since Hamas gunmen stormed into southern Israel on a killing spree, Israel's ground campaign to annihilate the Islamist movement has turned much of the Gaza Strip into a wasteland with an unfolding humanitarian catastrophe. Mediators have been trying to organise the first extended truce of the war to rush in aid to feed the Palestinian territory's 2.3 million people and secure the release of some of the Israeli hostages still held by Hamas.

  • Chef Jose Andres says Israel targeted his aid workers ‘systematically, car by car’

    Celebrity chef Jose Andres told Reuters in an emotional interview on Wednesday that an Israeli attack that killed seven of his food aid workers in Gaza had targeted them "systematically, car by car." Speaking via video, Andres said the World Central Kitchen (WCK) charity group he founded had clear communication with the Israeli military, which he said knew his aid workers' movements. "This was not just a bad luck situation where ‘oops’ we dropped the bomb in the wrong place," Andres said.

  • Dereliction of Duty: Israeli Blunders on the way to October 7

    Yet the fact that the Palestinian terrorist organization was able to do so was a direct result of Israel’s government and its defense apparatus’ dereliction of duty. The resulting war in the Middle East will likely continue for the foreseeable future, postponing a thorough Israeli investigation and delaying a public discussion of the worst disaster in the history of the state. For this reason, it is important to be candid in discussing those now.

  • War-stranded Sudanese Find Solace In Saudi’s ‘Little Khartoum’: Video

    Stranded abroad by almost a year of war, Saudi Arabia's swelling Sudanese community are drawn to Riyadh's "Little Khartoum" where they can eat, pray and console each other about the conflict ravaging their country.

  • Saudi Arabia registers 70 new archaeological sites

    Saudi Arabia announced Wednesday the registration of 70 new archaeological sites in the National Antiquities Register. The new sites bring the total number of registered sites across the Kingdom to 8,917, the Saudi Press Agency reported. According to the country's Heritage Commission, the registration process involves a series of steps. It commences with the site's discovery and subsequent evaluation by specialists to confirm its archaeological significance, ending with the preparation and writing of necessary scientific and technical reports.

  • Saudi Arabia announces 6 mining investment opportunities

    Saudi Ministry of Industry and Mineral Resources on Wednesday announced six new mining investment opportunities for local and international investors. It is part of the fifth round of mining bids for exploration licenses and encompasses gold, copper, zinc, lead, and silver ores in various regions of the kingdom, covering a total area of over 940 square kilometers, the Saudi Press Agency reported. Investment opportunities for exploration licenses include the "Al-Halahila" site in Najran, the "Jabal Qaran" site in Najran, the "Makman Hijab" in Riyadh, the "An-Nimas" site in Asir, the "Al-Mihah" site in Mecca, and the "Al-Hajirah" site in Asir.

  • Saudi efforts on Gaza ‘in line’ with Japanese policy: Special envoy

    Saudi efforts to de-escalate the Gaza conflict are “in line” with Japanese policy, UEMURA Tsukasa, Japan’s special envoy for Middle East peace, said on Tuesday. “Aside from providing humanitarian assistance to Gaza, Saudi Arabia is doing a fairly good job politically, in line with (Japan’s) policy as well. In terms of humanitarian assistance, Saudi Arabia is doing the most efforts,” the former ambassador to the Kingdom, who visited the region to discuss the war, told Arab News Japan.