SUSTG.com / Research

Discover stories, topics, and more about Saudi Arebia faster.

Recent stories from sustg

  • Senate Opposition to Sale of Precision-guided Munitions Grows
     

    Senate Minority Leader Charles Schumer (D-N.Y.) is the latest U.S. senator to throw support behind a Sen. Rand Paul (R-Ken)-led push to block part of President Trump’s $110 billion arms sale to Saudi Arabia, according to reports. The senators who proposed the resolution to block the arms sale said that they expect a close vote. Sen. Sens. […]

     
  • U.S. Senate Scrutinizes Precision-Guided Arms Package for Saudis
     

    A proposed sale of $500 million worth of U.S. precision-guided missiles to Saudi Arabia is coming under growing scrutiny from Congress, according to reports, as a key vote looms in the U.S. senate today. Foreign Policy magazine reports that the planned sale of munitions would replenish the kingdom’s depleted stocks after two years of daily bombing […]

     
  • President Trump, King Salman Speak Amid Qatar Diplomatic Fallout
     

    U.S. President Donald Trump spoke by phone with Saudi Arabia’s King Salman amid a growing crisis between GCC states over allegations that Qatar is funding terrorism and extremist activities. Saudi Arabia, the UAE, Egypt and three other states have cut diplomatic ties with Qatar, threatening a socio-economic crisis for what Saudi Arabia’s leaders only recently […]

     
  • $1.4b in Defense Contracts Approved by State Department as Senate Eyes Debate
     

    The U.S. State Department has approved the potential sale of more than $1.4 billion worth of military training and equipment for Saudi Arabia, the Pentagon said on Monday, the first fraction of a $110 billion arms deal U.S. President Donald Trump agreed to with Saudi Arabia when he visited in May. The announcement by the State […]

     
  • Jadwa Investment Data Shows ‘Mildly Improving Picture’ for Saudi Economy
     

    Riyadh-based Jadwa Investment’s recently released Economic Chartbook for the month of April finds data continues to “show a mildly improving picture,” according to Fahad Alturki, Jadwa’s Chief Economist. “Economic data continues to show a mildly improving picture in April. POS transactions jumped 11.4 percent, year-on-year, and although ATM withdrawals remain negative year-on-year, they showed an […]

     
  • Gulf Spat Following President Trump’s Visit to Saudi Arabia Tests GCC Unity
     

    Tensions continue to run high for a sixth straight day in the GCC between Saudi Arabia and Qatar regarding relations with regional rival Iran, according to reports. Despite a strong show of unity for the recent visit of President Trump to the Kingdom, “[t]ensions in the Gulf were laid open for a sixth day, with […]

     
  • Deputy Crown Prince Mohammed bin Salman in Moscow to Meet with Russian President Vladimir Putin
     

    Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman and Russian President Vladimir Putin met today in Moscow as the Kingdom and Russia work together on oil production cuts, Reuters reports. Russia and Saudi Arabia played key roles in a successful global deal which saw oil production curtailed by 1.8 million barrels per day as part of […]

     
  • New Video Shows How Riyadh Metro Will Transform Saudi Capital
     

    Riyadh’s new metro project is already transforming the face of the city, and will change how its citizens get around in the Saudi capital. There is no large-scale public transportation system currently in place in the city, and the city’s traffic situation reflects this reality. A new graphical video released on YouTube by The Business […]

     
  • VAT Draft to Hit General Authority of Zakat and Tax in ‘Weeks’
     

    Saudi Arabia’s General Authority of Zakat and Tax will publish the value-added tax (VAT) draft on its electronic portal within the next two weeks, Reuters reports, citing local media reported. The General Authority for Zakat and Tax announced on Sunday that the implementation of 5% VAT starting January 2018 “will have no exceptions.” This 5% […]

     
  • New Life for the 15 Year Old Abdullah Arab Peace Initiative?
     

    At a summit in Beirut in March 2002, then-Saudi Crown Prince Abdullah unveiled an initiative to achieve peace between Israelis and Palestianians. The Arab Peace Initiative set out a comprehensive proposal calling for full Israeli withdrawal from all the Arab territories occupied since June 1967, Israel’s acceptance of an independent Palestinian state with East Jerusalem as […]

     

MUST-READS