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Crown Prince Mohammed bin Salman to Visit Pakistan on Saturday, Announce $20b in Deals
- February 13,2019
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- SUSTG Team
Saudi Arabia’s crown prince Mohammed bin Salman is set to make his first state visit to Pakistan on Saturday, where he will announce investment projects worth up to $20 billion, a senior official told VOA news. The investment is needed for Pakistan, which is cash-strapped and facing multiple regional political challenges with a recently-elected Prime Minister. […]
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Saudi Arabia Launches Office to Monitor State Spending, Corruption After Crackdown
- February 5,2019
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- SUSTG Team
Saudi Arabia has launched a new office to monitor state spending, saying it would help keep up the fight against corruption after the closing of a 15-month crackdown that yielded over $100b of assets to the government, according to Reuters. A newly created financial reporting office would be part of the state’s General Auditing Bureau, which watches […]
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Private-Sector Program ‘Direction’ in Saudi Arabia Boosts Cross-Cultural Understanding, Dialogue
- February 1,2019
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- SUSTG Team
A private-sector program in Saudi Arabia is seeking to enhance relations between the Kingdom and nations around the world through delegations of Saudi youths in order to spread “a culture of moderation and respect for others” in line with the Kingdom’s Vision 2030. The program, called “Direction,” designs, executes and manages supportive programs for Saudi and Arab […]
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Saudi Arabia Doubles Down on Industrial Development Program; Seeking over $400 Billion in Investment
- January 28,2019
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- SUSTG Team
Saudi Arabia is seeking to attract 1.6 trillion riyals (nearly $429 billion) in private sector investment over the next 10 years for an infrastructure and industrial program, according to an announcement over the weekend and at an investment conference in Riyadh today. Investments will be made through the National Industrial Development and Logistics Program (NIDLP), […]
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Fahad Nazer Named New Saudi Embassy Spokesperson in Washington
- January 24,2019
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- SUSTG Team
The Royal Embassy of Saudi Arabia in Washington has appointed Fahad Nazer as official spokesperson, according to a press release and announcement made public yesterday. Nazer, who has been a contributor to SUSTG.com as well as Arab News and other publications in the region and United States, replaces Ms. Fatimah Baeshen, who served in the role since September 2017 […]
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Secretary of State Pompeo Meets Top Saudi Leadership in Riyadh
- January 14,2019
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- SUSTG Team
Secretary of State Mike Pompeo held talks with Saudi Arabia’s King Salman and Crown Prince Mohammed bin Salman in Riyadh on Monday, discussion topics ranging from the conflicts in Syria and Yemen, threats from Iran and the Saudi response to the killing of Washington Post columnist Jamal Khashoggi last year, according to reports. The Associated Press reports that Pompeo spent […]
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Production Cuts Begin with Big Drop in Crude Oil Supply; Prices Rise
- January 3,2019
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- SUSTG Team
Oil output from OPEC countries fell 530,000 barrels a day to 32.6 million a day last month, Bloomberg reports, in what amounts to the sharpest pullback since January 2017. The cut in supplies is a response by the group to a global glut of oil on the market and a falling price for oil on international indices […]
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Saudia-Owned Flyadeal Selects Boeing for Expansion Fleet with $3.5b in New Planes
- December 21,2018
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- SUSTG Team
Saudi Arabian discount carrier Flyadeal will switch from an all-Airbus SE fleet to Boeing jets after ordering 30 737 Max narrow-body planes worth $3.5 billion at list prices, according to a Bloomberg report. The Chicago, Illinois-based Boeing has been in competition with France-based Airbus for the order since mid-2016, according to the report. The airline committed to […]
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In Dhahran, Energy Secretary Perry, Al-Falih Discuss Oil Markets, Nuclear Possibilities
- December 10,2018
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- SUSTG Team
U.S. Energy Secretary Rick Perry held a round of talks with Saudi Minister of Energy Khalid Al-Falih and Aramco CEO Amin Nasser as well other energy industry figures in Dhahran, Saudi Arabia, according to reports. The top energy officials from the U.S. and Saudi Arabia discussed oil markets and nuclear power possibilities. Saudi Arabia’s energy minister Khalid al-Falih […]
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High Stakes as Saudi Arabia, Russia Leaders Meet on Sidelines of G20
- November 30,2018
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- SUSTG Team
Top officials from Russia and Saudi Arabia are set to test their energy policy coordination through a series of meetings this week, both in Argentina on the sidelines of the G20 meeting and in Vienna, Austria next week for a meeting between OPEC and non-OPEC producers. Crude futures have fallen more than 25 percent since climbing to a four-year peak […]
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MUST-READS
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Saudi-TurkeySaudi Arabia, Turkey to boost ties with ′strategic cooperation council′
A new joint council between Turkey and Saudi Arabia is expected to bolster security and investment cooperation. Ankara and Riyadh are key supporters of rebels fighting to overthrow the Assad regime in Syria.
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TurkeyTurkey’s Erdogan: Demirtas Kurdish autonomy plea is ‘treason’
Turkish President Recep Tayyip Erdogan has condemned as "treason" a call by prominent Kurdish politician Selahattin Demirtas for Kurdish autonomy.
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TurkeyTurkey’s Kurds call for self-rule amid violence in southeast
Kurdish groups meeting in southeastern Turkey called for self-rule on Sunday amid heavy fighting in the region as the army pushed ahead with a security operation in which it says more than 200 Kurdish militants have been killed.
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Turkey - IsraelIsrael and Turkey reach ‘understanding’ on restoring ties
Israel and Turkey have reached a preliminary agreement on normalising relations, an Israeli official said.
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Turkey - QatarTurkey to set up Qatar military base to face ‘common enemies’
Turkey will establish a military base in Qatar as part of a defence agreement aimed at helping them confront "common enemies," Turkey's ambassador to Qatar said on Wednesday.
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Anti-ISIS CampaignU.S. Defense Chief Calls on Turkey to Step Up Fight Against ISIS
U.S. Defense Secretary Ash Carter urged Turkey on Tuesday to do more to help destroy Islamic State militants as he kicked off a tour of the Middle East that aims to drum up regional support for the military campaign.
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Turkey - RussiaRussia, Turkey Fight Spreads to Energy Sector
The fallout from the Turkish downing of a Russian jet last month is growing ever more dangerous, with even the seemingly untouchable energy sector now apparently the latest casualty of increasingly chilly ties between Ankara and Moscow.
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Turkey - RussiaRussia and Turkey accuse each other of buying oil from the Islamic State
The war of words between Moscow and Ankara took a new turn early this week in the wake of Turkey's Nov. 24 downing of a Russian jet that had flown briefly into Turkish airspace during a sortie in Syria.
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Turkey - RussiaNo Apologies from Turkey for Shooting Down Russian Jet
“No country can ask us to apologize [for the incident] because [we were] doing our job,” Ahmet Davutoglu, the Turkish prime minister, said. “Our action was a defensive action.”
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Turkey - RussiaKremlin hits Turkey with sanctions over shoot down of Russian warplane
The Kremlin issued economic sanctions against Turkey on Saturday over the shootdown of a Russian warplane, brushing off a fence-mending bid by Turkey's president who expressed regret over the incident and proposed a meeting with Russian President Vladimir Putin in Paris next week.
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