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Crown Prince Mohammed bin Salman, UAE’s Sheikh Mohamed bin Zayed Meet in Kingdom
- July 20,2021
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- SUSTG Team
The Crown Prince of Abu Dhabi Sheikh Mohamed bin Zayed visited Riyadh on Monday on an official visit to the Kingdom to meet with Crown Prince Mohammed bin Salman and discuss bi-lateral relations amid recent differences on energy and foreign policy.
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IEA: Lack of Agreement in OPEC+ Means Volatility, Tightening Market
- July 13,2021
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- SUSTG Team
The oil market will see tighter supply for now as a dispute inside OPEC+ between Saudi Arabia and the UAE goes unresolved, according to a new report from the International Energy Agency (IEA). World oil markets are on edge with OPEC+ negotiations to boost supply now in deadlock, and after initially surging to multi-year highs in early […]
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83% of SMEs in Saudi Arabia Optimistic About Future Growth, New Mastercard Middle East Study Finds
- June 28,2021
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- SUSTG Team
83% of small and medium enterprises (SMEs) in Saudi Arabia are optimistic about the next 12 months, according to the latest research by Mastercard in a new report released by the company.
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Saudi Arabia Moves Ahead to Round 3 of World Cup Qualifiers with Decisive Win Against Uzbekistan
- June 16,2021
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- SUSTG Team
Saudi Arabia sailed to a victory over Uzbekistan on a final, decisive day of the Asia region’s Round 2 qualifying matches to march on to Round 3 in hopes of qualifying for the World Cup in 2022. Saudi Arabia cruised past nearest challengers Uzbekistan 3-0 on June 15 to win Group D.
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Flurry of New Deals Builds on Early 2021 Momentum for Saudi Venture Capital
- June 7,2021
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- SUSTG Team
Saudi Arabia’s venture capital scene continues to grow at an impressive clip as new deals and investments into Saudi companies – or by Saudi venture firms – builds on early growth so far in 2021.
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Saudi Arabia’s Economy Jolts to Life as New Economic Data Shows ‘Significant’ Increase in PMI, Non-Oil Exports
- June 2,2021
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- SUSTG Team
Saudi Arabia saw a significant increase in non-oil PMI in April 2021 as both business activity and new orders grew at a faster rate, Jadwa Investment’s recently-released Chartbook for the month said.
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Saudi Arabia’s ACWA Power Begins Construction on South Africa’s Largest Renewable Project
- May 13,2021
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- SUSTG Team
Saudi-based ACWA Power has announced the start of construction on the 100MW Redstone solar thermal project in South Africa following financial close of the deal, according to reports.
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Flurry of U.S.-Saudi Diplomatic Activity as Allies Huddle on Yemen, Mutual Interests
- May 3,2021
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- SUSTG Team
Top diplomatic officials from the U.S. and Saudi Arabia met in Riyadh over the weekend to discuss bilateral relations and areas of mutual interest, according to official government accounts and information shared on Twitter. Several meetings were held between the two allies. Saudi Arabia’s top diplomat, Prince Faisal bin Farhan Al-Saud, and the Kingdom’s Ambassador to the […]
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Saudi Arabia Sees a Surge in Foreign Investment into the Kingdom in 2020 Despite the Global Pandemic
- April 26,2021
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- SUSTG Team
Saudi Arabia saw a surge in total foreign investment into the Kingdom despite a global economic slowdown in 2020, official data from the Saudi central bank confirmed. Foreign investment in Saudi Arabia passed the SR2 trillion ($0.53 trillion) mark for the first time at the end of 2020, despite the financial impact of the COVID-19 […]
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In Latest Saudi Labor Figures, Women Lead Overall Drop in Unemployment
- April 21,2021
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- SUSTG Team
A recently-released report on the Saudi labor market, using figures from Q4 2020, showed a sizable drop in unemployment among Saudis from the previous quarter, according to Jadwa Investment, citing official government data. The General Authority for Statistics’ (GaStat) latest labor market release shows that unemployment in Saudi Arabia declined 2.3%, to 12.6% in Q4 2020, down […]
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U.S.-TurkeyTurkey Digs in Heels Over Diplomatic Fight With U.S.
Turkey arrested a locally hired employee of the U.S. consulate in Istanbul last week, sparking a fierce diplomatic spat between the two countries that came to a head over the weekend when each country suspended consular services in the other.
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U.S.-TurkeyRelations between U.S. and Turkey grow tense, with both countries suspending routine visas
The U.S. Embassy in Turkey announced Sunday that it was suspending the issuance of non-immigrant visas in the country, the latest indication of a frayed relationship between Washington and Ankara.
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U.S.-Saudi Military SalesU.S. approves possible $15 billion sale of THAAD missiles to Saudi Arabia
The approval opens the way for Saudi Arabia to purchase 44 Terminal High Altitude Area Defense (THAAD) launchers and 360 missiles, as well as fire control stations and radars.
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US-GCCU.S. military says ‘opting out’ of some exercises following Qatar rift
”We are opting out of some military exercises out of respect for the concept of inclusiveness and shared regional interests.
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U.S. Foreign PolicyTillerson, Mattis, and Kelly Are Only Thing Saving U.S. “From Chaos,” Says Republican Senator Bob Corker
Reporters asked Corker whether the chaos he said key Trump administration officials are protecting America from comes directly from the president. “They work very well together to make sure that the policies that we put forth around the world are sound and coherent,” Corker responded. “There are other people within the administration, in my belief, that don’t.”
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Israel-SyriaIsrael sees Assad winning Syria war, urges more U.S. involvement
Avigdor Lieberman’s comments marked a reversal for Israel, where top officials had from the outset of fighting in 2011 until mid-2015 regularly predicted Assad would lose control of his country and be toppled.
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TurkeyTurkey’s Erdogan Suggests Swap: Jailed U.S. Pastor For Turkish Cleric
It's been nearly a year since Turkey detained American pastor Andrew Brunson — and President Recep Tayyip Erdogan says if the U.S. wants Brunson freed, it should extradite an elderly Turkish cleric living in the U.S., whom Erdogan accuses of organizing last year's failed coup attempt.
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LibyaU.S. Conducts Precision Strikes in Libya
In coordination with the Libyan Government of National Accord (GNA), U.S. forces conducted two precision airstrikes in Libya against ISIS militants on Tuesday, Sept. 26 at approximately 2:50 p.m. local time, killing several ISIS militants.
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SarahahHow a Saudi Workplace Messaging App Went Viral With U.S. Teens
Mr. Tawfiq came up with the idea for an anonymous messaging platform about a year ago while thinking about the corporate culture at the company where he is employed as a financial analyst—Aramco, Saudi Arabia’s oil giant. With the idea that supervisors could benefit from frank employee feedback, he developed the platform in his spare time, often working out of the company’s cafe.
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UAE in YemenU.S. Arms Transfers to the UAE and the War In Yemen
UAE troops, working with militias it trains, arms, and commands, have been fighting on two fronts in Yemen, against an alliance between Houthi rebels and forces loyal to former president Saleh, and against Al Qaeda in the Arabian Peninsula
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