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Dow Chemical to Buy 15% More of Sadara to Boost Stake to 50%
- August 29,2017
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- SUSTG Team
Dow Chemical plans to buy an additional 15 percent stake in its $20 billion joint venture with Saudi Aramco, the companies said on Monday according to reports. The U.S.-Saudi joint venture, named Sadara, aims to transform Saudi Arabia “from a consumer and importer to a global exporter,” according to Saudi Energy Minister Khalid al-Falih. U.S.-based Dow Chemical […]
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Rules Issued for Small-Scale Solar Generation in Saudi Arabia
- August 21,2017
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- SUSTG Team
Saudi Arabia has issued a regulatory framework for electricity consumers to operate their own, small-scale solar power generating systems and export unused power to the national grid, according to a Reuters report citing a government statement. The rules will come into force next July 1 and cover small photovoltaic facilities with generating capacity of no more […]
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Saudi Ministry of Justice Approves New Protections for Women in Saudi Arabia
- August 16,2017
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- SUSTG Team
The Saudi Ministry of Justice issued four important decisions and proposals to limit the abuse of women, including raising the age that a woman is allowed to marry to 17 years old, according to a report in the Middle East Monitor that cited the Saudi daily Okaz. The Ministry proposed a rule that “permission to […]
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Saudi Arabia is the World’s Largest Arms Importer, Qatar Third – UK Study
- August 10,2017
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- SUSTG Team
Saudi Arabia is the largest arms importer in the world by total sales amount, with regional rival Qatar surging to third largest importer, according to a data released by the UK’s Ministry of Justice. The report sheds light on the flow of arms, weaponry and military equipment around the world. According to the data, which can be […]
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Recent Economic Data for July 2017 Points to Mixed Picture for Saudi Economy
- August 3,2017
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- SUSTG Team
Growth in Saudi Arabia’s non-oil private sector accelerated in July, albeit at a moderate pace, while the expansion in employment slowed, according to a Reuters report citing a Emirates NBD survey. “The seasonally-adjusted Emirates NBD Saudi Arabia Purchasing Managers’ Index (PMI) rose to 55.7 last month from 54.3 in June. A level above 50 means business is […]
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Demands from Qatar Modified to ‘Six Broad Principles’
- July 20,2017
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- SUSTG Team
Saudi Arabia and 3 Arab nations leading a boycott of Qatar are no longer insisting it comply with a list of 13 specific demands they tabled last month, according to reports. Saudi Arabia, the United Arab Emirates, Bahrain and Egypt told reporters at the United Nations they now wanted it to accept “six broad principles.” […]
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Step Forward for Women in Saudi Arabia as Physical Education Classes for Girls OKed
- July 12,2017
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- SUSTG Team
Saudi public schools will begin offering physical education for girls in the coming academic year, the education ministry announced on Tuesday, in another step forward for women and girls in the Kingdom. The long-awaited reform was announced by Education Minister Ahmed al-Issa on Tuesday. The announcement said that P.E. for girls would start with the […]
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Oversupply in Oil Markets Continues Downward Pressure on Prices
- July 7,2017
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- SUSTG Team
Global oil markets have entered a period of oversupply, putting downward pressure on prices and eliciting calls for the world’s largest producers like Saudi Arabia to act on top of March 2017 OPEC cuts to reduce the glut. Oil prices fell 3 percent on Friday after data showed U.S. production rose last week just as […]
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Response to Qatar Demands Given Two-Day Deadline Extension
- July 3,2017
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- SUSTG Team
Four Arab states lead by Saudi Arabia agreed to extend until late on Tuesday a deadline for Doha to comply with a list of demands, as U.S. President Donald Trump voiced concern to both sides about the dispute, according to Reuters and other reports. Qatar’s foreign minister said via Twitter that the demands “were meant […]
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Saudi Begins Extended Eid Al-Fitr Holiday as Massive Celebrations Planned
- June 26,2017
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- SUSTG Team
An extended Eid Al-Fitr holiday began in Saudi Arabia and most other Arab countries on Sunday, marking the end of the holy fasting month of Ramadan. Kuwait, Qatar and the United Arab Emirates will also start the holiday on Sunday, but Oman starts the holiday on Monday, according to reports. The timing of Eid can vary […]
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MUST-READS
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Drones5 times in history enemies shot down a U.S. drone
On Aug. 20, the United States linked the downing of an MQ-9 Reaper over Yemen by Houthi forces to Iran. Iran has supplied Houthi fighters with weapons and missiles in the past and the attack on the Reaper, reported by CNN, follows a summer of forces exchanging fires and downing drones.
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U.S.-IranU.S. will aggressively enforce sanctions over Iran tanker: State Department official
The United States will aggressively enforce its sanctions to prevent the private sector from assisting an Iranian oil tanker that is traveling through the Mediterranean and that Washington wants seized, a State Department official said on Thursday.
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Taliban TalksNinth round of U.S., Taliban peace talks start in Qatar
After 18 years of war and months of direct talks with the Taliban leaders, the United States appears to be at the cusp of reaching a deal that could allow a pullout of foreign forces followed by a ceasefire between the warring sides.
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U.S.-IranIran’s Zarif warns U.S. that Tehran may also act ‘unpredictably’
“Mutual unpredictability will lead to chaos. President Trump cannot expect to be unpredictable and expect others to be predictable. Unpredictability will lead to mutual unpredictability and unpredictability is chaotic,” Zarif said in a speech at the Stockholm International Peace Research Institute (SIPRI).
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Oil MarketsBrent oil futures climb above $60 on U.S. inventory draw
Brent crude oil futures rose above $60 a barrel for the first time in over a week on Wednesday after a data report showed a larger-than-expected drop in U.S. crude inventories, but ongoing worries about a possible global recession capped gains.
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IranIran warns U.S. against seizing newly freed oil tanker
Iranian officials warned the United States Monday to leave a supertanker detained by Britain last month alone, now that it's been freed and heading toward Greece. The tanker, the Adrian Darya 1, left Gibraltar late Sunday and plotted a course for the Mediterranean. The vessel, formerly known as the Grace 1, was captured by British forces July 4 and U.S. officials suspect it planned to ship oil to Syria, in violation of U.S. and European Union sanctions.
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HezbollahBrazil Mulls Labeling Hezbollah as Terrorists in Pivot to U.S.
Brazil is considering designating Lebanese group Hezbollah a terrorist organization, as President Jair Bolsonaro increasingly aligns his government with the U.S. on foreign policy. Officials are reviewing their options to move forward with the idea, which is being discussed at the highest levels of government but doesn’t have across-the-board support, according to three people with direct knowledge of the matter. It wouldn’t be easily implemented due to the particularities of Brazilian law, they added, requesting anonymity because the discussion isn’t public.
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IranThe U.S. Has Joined Secret Talks With Israel and the U.A.E. The Topic? Iran.
The United States is participating in secret talks between the United Arab Emirates and Israel to confront threats posed by Iran, a shared adversary among the three countries.
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Israel in the RegionU.S. Arranges Secret Talks Between Israel, U.A.E. Over Iran
The Warsaw meeting brought Israeli Prime Minister Benjamin Netanyahu together with Arab leaders for wide-ranging discussions on how to challenge Iran. Those talks led to the creation of coordinated discussions between Israel and the U.A.E.—both close U.S. allies—that are coordinated by Mr. Hook.
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IranU.S. moves to seize Iranian tanker Britain was about to release after monthlong detention
urs before the British territory Gibraltar was set to release Grace 1, an Iranian supertanker that Britain's Royal Navy seized July 4 on suspicious of smuggling oil to Syria, the U.S. put in a last-minute request Thursday to take custody of the supertanker instead.
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