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Democratic Ex-Congressman Calls for Deepening of U.S.-Saudi Ties, ‘This partnership serves U.S. economic as well as security interests’
- September 29,2015
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- SUSTG Team
Former Rep. Gary L. Ackerman (D-N.Y.) from New York, who served for 30 years in the U.S. House, has penned an op-ed in The Hill outlining the importance of strengthening ties between the U.S. and Saudi Arabia. “Sometimes, it’s a good idea to reach out to your enemies. But don’t ever take old friends for […]
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SAMA Draws Down on ‘$50-70 Billion’ From Foreign Assets in Face of Sustained Oil Price Slump
- September 28,2015
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- Lucien Zeigler
Saudi Arabia is seeking to cut its widening deficit and “reduce exposure to volatile equities markets amid the sustained slump in oil prices” as it draws down a reported $50-$70 billion from foreign holdings around the world in 2015, according to a Financial Times report. The sale of assets is in line with estimates on […]
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Saudi King Salman Orders Safety Review After Hajj Stampede Tragedy
- September 25,2015
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- SUSTG Team
Saudi Arabia’s King Salman has ordered a safety review for the Hajj pilgrimage after at least 717 people died and 863 were injured in a stampede at Mina, near the holy city of Mecca, according to reports. Via a report in Germany’s DW, Saudi officials put the blame for the tragedy partially on”undisciplined pilgrims” who […]
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Over 700 Dead and Hundreds More Injured after Stampede in Mina Seen as ‘Worst Hajj Disaster in 25 Years’
- September 24,2015
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- SUSTG Team
At least 717 pilgrims were killed and 805 others were injured on Thursday in a stampede in Mina, outside the Muslim holy city of Mecca, in the worst disaster to strike the annual haj pilgrimage in 25 years. The stampede was caused by two large groups of pilgrims arriving together at a crossroads on their way […]
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U.S. Coordinates with Saudi Arabia to Return Guantanamo Detainee
- September 23,2015
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- SUSTG Team
A suspected former bodyguard to Osama bin Laden has been transferred from Guantanamo Bay to his native Saudi Arabia, according to U.S. DoD officials. “The United States is grateful to the government of the Kingdom of Saudi Arabia for its willingness to support ongoing U.S. efforts to close the Guantanamo Bay detention facility. The United […]
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More Airstrikes in Saudi Arabia as Soldiers Said to be Captured by Houthis
- September 22,2015
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- SUSTG Team
Two Saudi soldiers fighting with the Arab coalition in Yemen have been detained by Houthi rebels and three others are missing as Saudi airstrikes continue to pound targets across the war-torn country today. The two Saudi soldiers were on the ground in Yemen and “are detainees and not hostages,” according to Brig. Gen. Ahmed Asseri of […]
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Report: Crane collapse and subsequent action against Binladin Group ‘deeply troubled Saudi King Salman’
- September 21,2015
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- SUSTG Team
The collapse of a crane in Mecca on September 11th “deeply troubled” Saudi Arabia’s King Salman as analysts say the King took unusually swift response in sanctioning the Binladin group. According to an AFP report which cited unnamed western diplomats, authorities were “embarrassed” by the accident and expressed surprise that the company was sanctioned only […]
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2015 C3 US-Arab Business Summit – New York City
- September 18,2015
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- SUSTG Team
In collaboration with the U.S. Department of State, the U.S. Chamber of Commerce, and C3 International, the C3US-Arab Business Summit will take place on Monday, October 19, 2015, in New York City at the Union League Club. The summit will focus on “Cyber Security, Smart Cities, and Bilateral Prosperity.” Save the date and register now […]
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Construction Week’s 2015 Power 25 list for Saudi Arabia; El Seif Engineering #2
- September 17,2015
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- SUSTG Team
The well-regarded industry tracker, Construction Week Online, issued its 2015 Power 25 for Saudi Arabia recently. As the article notes, “This is a celebration of those who are shaping both the industry, and the regional landscape. True to its roots, this year’s list is dominated by powerhouses from across Saudi but you will notice new entrants […]
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Construction Titan, Saudi Bin Laden Group, Suspended from new Projects Following Review of Mecca Crane Collapse
- September 16,2015
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- SUSTG Team
Custodian of the Two Holy Mosques King Salman on Tuesday ordered that top officials of the Saudi Binladin Group be banned from traveling outside the kingdom after investigators pinned the blame partially on the construction company for Friday’s deadly crane crash in Makkah, Arab News reports. The company is also forbidden from taking on new […]
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MUST-READS
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Donald Trump, Elon Musk And LIV Golf Chairman Appearance Sparks Golf Merger Rumors
The appearance of Donald Trump, Elon Musk, and LIV Golf Chairman Yasir Al-Rumayyan at UFC 309 in New York City has sparked renewed speculation about a potential merger in the world of golf. Taking place at Madison Square Garden, the event fueled rumors about possible collaborations between traditional golf tours and the Saudi-backed LIV Golf organization. A merger of this magnitude involves intricate logistics, including travel schedules and financial reconciliations for LIV Golf defectors. There have been debates surrounding penalties and conditions for those who had previously distanced themselves from the PGA Tour.
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Saudi FM arrives in Rio de Janeiro ahead of G20 Summit
Saudi Foreign Minister Prince Faisal bin Farhan arrived in Rio de Janeiro on Sunday ahead of this year’s G20 Summit, Saudi Press Agency reported. Prince Faisal is leading the Kingdom’s delegation to the summit on behalf of Crown Prince Mohammed bin Salman. The summit is due to take place on Monday and Tuesday.
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Explained: Why Saudi Arabia Executed Over 100 Foreigners This Year
According to AFP, foreigners executed this year included 21 from Pakistan, 20 from Yemen, 14 from Syria, 10 from Nigeria, nine from Egypt, eight from Jordan and seven from Ethiopia. There were also three each from Sudan, India and Afghanistan, and one each from Sri Lanka, Eritrea and the Philippines.
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Saudi Arabia keen as G20 member to support joint multilateral action: Al-Jadaan
"The Kingdom seeks to leverage the experiences of the G20 countries in the various fields discussed by the group, as the largest economy in the world. This is in addition to efforts made by the Kingdom's teams participating in the G20 to transfer the experience of rapid economic transformation in the Kingdom to brotherly and friendly countries in the group, which aims to achieve sustainable development and diversification in their economy, through the knowledge and expertise accumulated as a result of the strategies of Saudi Vision 2030 and National Transformation Programs,” he added, in a statement cited by the Saudi Press Agency, during the G20 Summit held under the Brazilian presidency.
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Royal Saudi Air Force commander meets US Air Force official
Lt. Gen. Turki bin Bandar bin Abdulaziz, the commander of the Royal Saudi Air Force, met the Deputy Undersecretary of the US Air Force for International Affairs Kelli Seybolt, the Defense Ministry wrote on X on Saturday.
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Saudi Arabia to Host 6th UN World Data Forum in 2026
Saudi Arabia has secured the hosting rights for the 6th UN World Data Forum, to be held in Riyadh in 2026. The announcement was made at the conclusion of the 5th UN World Data Forum, which took place in Medellín, Colombia, from November 12 to 15, 2024. The forum gathered representatives from 193 UN member states. Saudi Arabia’s selection was endorsed by the High-Level Group for Partnership, Coordination, and Capacity-Building in Statistics (HLG-PCCB), in recognition of the Kingdom’s robust statistical capabilities and commitment to data-driven development.
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Macron hosts Saudi business leaders to strengthen investments
French President Emmanuel Macron held an expanded discussion session on Saturday with a group of Saudi and French business leaders to develop and expand mutual investments between the two countries. The meeting, held at the Élysée Palace in Paris, was attended by the visiting Saudi Minister of Investment, Eng. Khalid Al-Falih. The session included the participation of 23 CEOs representing Saudi companies, with discussions focusing on strengthening Saudi-French collaboration in key sectors such as technology, energy transition, and tourism.
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Tunisian president hosts Saudi investment minister for talks
Tunisian President Kais Saied received Saudi Minister of Investment Khalid Al-Falih and his delegation on Saturday at the Presidential Palace of Carthage. The minister passed on greetings from King Salman and Crown Prince Mohammed bin Salman to Saied, along with their well wishes for Tunisia’s ongoing progress, stability and growth, the Saudi Press Agency reported.
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Saudi security forces arrest 20,124 illegals in a week
Those who were arrested included 11,607 violators of the Residency Law, 5,285 violators of the Border Security Law, and 3,232 violators of the Labor Law, the Ministry of Interior announced on Saturday. The total number of people who were arrested while trying to cross the border into the Kingdom accounted for 1,401, of whom 39 percent were Yemeni nationals, 60 percent Ethiopian nationals, and one percent belonged to other nationalities while 98 people were arrested while attempting to leave the Kingdom illegally.
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Trump’s oil and gas friendly energy secretary pick seen as ‘fantastic’ in Middle East
US President-elect Donald Trump's selection of oil industry veteran Chris Wright as energy secretary will likely be welcome in the Middle East where hydrocarbons dominate its economies, with one Saudi government official describing the nomination to S&P Global Commodity Insights on condition of anonymity as "fantastic." Wright, whose nomination to head the Department of Energy was widely reported Nov. 16 in the midst of the COP29 UN climate change summit, is CEO of oilfield services firm Liberty Energy, which has extensive operations in hydraulic fracturing. He is a climate change skeptic who has called net-zero plans "sinister."
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