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Will 2016 be a Big Year for the Middle East Solar Energy Market?
- February 11,2016
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- SUSTG Team
Writing for Green Tech Media, Jason Deign, comments that the Middle East market for solar energy is anticipating a big year in 2016… maybe. The Middle East Solar Outlook for 2016 produced by the Middle East Solar Industry Association (MESIA) forecasts that more than 4 gigawatts of solar power projects are planned across the region. Deign takes a […]
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Jadwa: Saudi Economy will Continue to Slow in 2016
- February 8,2016
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- SUSTG Team
Riyadh-based Jadwa Investment recently released an updated analysis on Saudi Arabia’s economy, painting a gloomy picture of the Kingdom’s economic health in the face of low oil prices. The Saudi economy will continue to slow in 2016 as the private sector gradually adjusts to the new norm of fiscal deficits and lower spending announced by […]
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Saudi Arabia ‘Ready to Participate in Any Ground Operations’ by Coalition in Syria
- February 5,2016
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- SUSTG Team
Saudi Arabia has announced its readiness to send ground troops to Syria to help in the battle against ISIS, or Daesh, according to comments made by a Saudi defense official. “The kingdom is ready to participate in any ground operations that the coalition (against ISIS) may agree to carry out in Syria,” said military spokesman […]
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Analysis: Taking Stock of ‘Nitaqat’ Labor Reforms, 5 Years On
- February 3,2016
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- Nathan Field
5 years ago – as the Arab Spring rocked the Middle East – the Saudi government launched its own version of “political” reform. In September 2011 it began a series of policies aimed at reforming the country’s labor market and lowering the Kingdom’s chronically high unemployment rates. I have been following the fate of these […]
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Saudi Arabia, Turkey Support Syrian Opposition at Geneva Talks but ‘Avoid Setting the Agenda’
- February 1,2016
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- Lucien Zeigler
Saudi Arabia and Turkey voiced their support of Syria’s opposition members in Geneva for possible U.N.- sponsored peace talks with the Syrian regime, whether the opposition continued with the talks or not. The comments were made in a joint press conference by Saudi Arabia’s Foreign Minister Adel Al-Jubeir and Turkish Premier Ahmet Davutoglu in Riyadh. Saudi […]
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U.S., Saudi Business Leaders to Meet in Riyadh for U.S.-Saudi CEO Summit, GCF 2016
- January 21,2016
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- SUSTG Team
U.S. and Saudi business leaders will convene in Riyadh this weekend and into next week for events aimed at promoting business opportunities and investment in Saudi Arabia and enhancing the bi-lateral commercial relationship with the United States. The inaugural U.S.-Saudi CEO Summit, organized by the U.S. Chamber of Commerce and the Council of Saudi Chambers […]
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IMF Backs Saudi Cuts, Puts Saudi Growth Forecast at 1.2 Percent in 2016
- January 20,2016
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- SUSTG Team
The “new reality” of lower crude prices means governments in the Gulf – and especially Saudi Arabia – are right to cut spending to reflect this new fiscal reality, the IMF said. The IMF slashed its forecast for growth in Saudi Arabia, as it blamed the slowing Chinese economy, the collapse in oil prices and […]
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Saudi-led Intervention in Yemen to Restore Hadi Continues into 10th Month with ‘Different Objectives’
- January 19,2016
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- SUSTG Team
The Saudi-led intervention in Yemen continues into its 10th month of fighting with some gains but no decisive victory for the coalition seeking to restore power to the UN-recognized Hadi government and oust control of parts of the country from Houthi militia members. The coalition has retaken Aden, Yemen’s southern port, and according to Saudi […]
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Oil Dips Below $30 on Brent for the First Time Since 2004 as Iran, China Put Downward Pressure on Prices
- January 14,2016
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- SUSTG Team
The price of oil on Brent fell below $30 a barrel for the first time since April 2004, but eventually recovered to $30.22, according to reports. Oil prices have fallen by 70% in the past 15 months. A gusher of supply from around the world continues to put downward pressure on prices. According to CNBC, U.S. […]
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With 49 New Arrests, Saudi Arabia Continues Clamp Down on Domestic Extremists
- January 12,2016
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- SUSTG Team
Saudi Arabia has arrested 49 suspected terrorists over the past 10 days, according to Saudi officials and as reported in the Saudi Gazette. The arrests were “a preemptive crackdown in various parts of the Kingdom,” security sources said, adding that the suspected terrorists surrendered without any resistance. They consisted of 36 Saudis, six Syrians, four Yemenis, a […]
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U.S. DiplomacyPompeo Vows to Reinvigorate Diplomacy, Restore U.S. ‘Swagger’
He didn't mention Rex Tillerson by name. But the contrast was clear as new Secretary of State Mike Pompeo arrived at the State Department on Tuesday vowing to reinvigorate American diplomacy and help the United States get "back our swagger."
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AfricaThe U.S. Has No Clear Strategy For Africa. Here’s Why It Really Needs One
Africa will soon be home to a quarter of the world's population. Unfortunately, the pace of economic development will not sustain its rapid population growth and will exacerbate already high rates of unemployment and poverty, which are key drivers of instability.
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PompeoNew U.S. Secretary of State Pompeo to visit Saudi Arabia, Jordan, Israel
New U.S. Secretary of State Mike Pompeo plans to travel to Saudi Arabia, Jordan and Israel over the weekend after a stop in Brussels for a NATO meeting, the State Department said on Thursday.
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AgricultureU.S. sorghum initially bound for China diverted to Saudi Arabia
Thomson Reuters Eikon ship-tracking data showed a vessel carrying 69,842 tonnes of sorghum switch destinations to Dammam, Saudi Arabia from China earlier in the day.
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Public RelationsMystery grows over pro-Saudi tabloid being sold in U.S. — but embassy got sneak peek
How the early copy made it to the Saudis is unclear. Yet the revelation adds another mysterious twist to a murky tale playing out against the backdrop of bids by both President Donald Trump and David Pecker, the tabloid publisher who supports him, to build goodwill with the Saudi kingdom's leaders.
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Macron Visit to USThe U.S., France, Syria, and Iran: Finding Winning Compromises
Imperfect agreements are the real-world price of any agreement in an imperfect world, and losing the support of key European allies and other states, and openly alienating Iran, seems likely to make Iran even more of a threat in terms of its missile forces, threat to traffic in the Gulf, and actions in states like Iraq and Syria.
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Iran in the RegionCommentary: An Arab Expeditionary Force in Syria is Far-Fetched but so is a U.S. Withdrawal
As in the past, Saudi Arabia’s willingness to participate militarily is contingent on a continued U.S. presence in and, implicitly, leadership of any such stabilization campaign in Syria.
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ExtremismJudge bars government from sending a U.S. citizen captured in Syria to Saudi Arabia
Trying to find its way out of a legal thicket, the Trump administration wants to send to Saudi Arabia a U.S. citizen who was captured on the battlefield in Syria last fall and is suspected of supporting Islamic State.
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Saudi MilitaryOne of Saudi Arabia’s RE-3A Spy Planes Now Looks Just Like a U.S. Air Force RC-135
This particular RE-3A, also known as a Tactical Airborne Surveillance System (TASS), with the serial number 1901, is one of three RE-3 aircraft the Royal Saudi Air Force operates.
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Global Oil MarketsOil climbs on Saudi price ambitions and U.S. stocks draw
Brent crude futures LCOc1 reached $74.73 a barrel, the highest since Nov. 27, 2014 — the day OPEC decided to pump as much as it could to defend market share, sending the price to a low of $27 just over a year later.
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