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Recent stories from sustg
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Saudi Arabia Confirms Lifting General Travel Ban May 17; U.S. Among 20 Countries to Remain on List
- April 23,2021
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- SUSTG Team
Saudi Arabia confirmed that it would resume international flights at 1 a.m. on May 17, but will exclude 20 countries where the ban on flights continues as part of preventive measures to curb the spread of the coronavirus disease (COVID-19), Saudia airline said.
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Saudi Arabia Red Sea Development Co. On Track to Clinch $3.7 ‘Green Loan’ from Local Banks
- April 20,2021
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- SUSTG Team
Saudi Arabia could be just weeks away from clinching the first significant funding package for a key part of Crown Prince Mohammed bin Salman’s program to diversify the Kingdom’s economy, Bloomberg reports. The Red Sea Development Co.’s 14 billion-riyal ($3.7 billion) loan is set to close with a small group of local banks including Saudi National […]
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Oil Rises Above $67 in Fifth Day of Gains as Demand Outlook Looks Strong
- April 16,2021
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- SUSTG Team
Oil rose above $67 a barrel on Friday, gaining for a fifth session, “as a stronger demand outlook and signs of economic recovery in China and the United States offset rising COVID-19 infections in some other major economies,” Reuters reports.
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New KAPSARC Paper Examines Economic Diversification Under Saudi Vision 2030
- April 14,2021
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- SUSTG Team
A new paper published by the King Abdullah Petroleum Studies and Research Center (KAPSARC) in Saudi Arabia examines the Kingdom’s advances in economic diversification so far under Saudi Arabia’s Vision 2030 social and economic reform plans, launched in 2016.
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KAPSARC Commentary Paper Explores the Potential Effect of Parking Fees on Metro Ridership
- April 8,2021
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- SUSTG Team
As Saudi Arabia’s sprawling capital city Riyadh prepares to begin operation of the first lines of its long-awaited metro system, authorities and researchers are now faced with the task of getting the Kingdom’s citizens used to riding it.
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Viral Videos Show Sandstorms Engulfing Riyadh, Other Cities in Saudi Arabia
- March 15,2021
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- SUSTG Team
Viral videos emerging from social media show parts of Saudi Arabia experiencing an intense sandstorm which engulfed cities and towns in the Kingdom and forcing authorities to issue a weather warning.
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Oil Rises to $69 a Barrel on Brent as OPEC+ Supply Curbs Boost Prices
- March 9,2021
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- SUSTG Team
Oil rose to around $69 a barrel on Tuesday, a day after jumping above $70 for the first time in over a year as investors focused on prospects for tighter supply due to extended OPEC+ output curbs and amid growing hopes of a recovery in demand, according to a report from Reuters.
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No Damage from Attempted Houthi Missile Attack on Saudi Aramco Facility, Oil Temporarily Spikes
- March 8,2021
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- SUSTG Team
An attempted Houthi missile and drone strike on a Saudi Aramco facility in Dhahran did not cause any loss of life or damage to property, but initial concern over the attack caused oil’s price to spike on international indices before paring back those gains, Saudi authorities said.
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Saudi Arabia’s Tourism Ambitions Expand to Mountainous Asir Province
- February 25,2021
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- SUSTG Team
Saudi Arabia’s Public Investment Fund (PIF) launched a new venture that will invest $3 billion in developing tourism and infrastructure in the southwestern mountainous Asir region, according to Reuters and Saudi Arabia’s official press agency.
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Despite Uncertainty, Saudi Economy to Experience Broad-Based Recovery in 2021 – Jadwa Investment
- February 24,2021
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- SUSTG Team
Saudi Arabia will experience a broad-based economic recovery in 2021 as the Kingdom moves beyond the damage caused by the Coronavirus pandemic and low oil prices, Jadwa Investment said in a recent research note. The Riyadh-based bank’s expectations for the Kingdom’s economy come despite a “considerable degree of uncertainty” surrounding the Coronavirus and vaccination roll-outs across […]
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MUST-READS
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Blackhawk HelicoptersU.S., Saudi Arabia in possible helicopter deal
Notification of the proposed $495 million deal, which has already won State Department approval, was transmitted to Congress by the U.S. Defense Security Cooperation Agency. The Saudi shopping list is for nine Black Hawks; 21 engines for the aircraft; 20 Embedded Global Positioning Systems with Inertial Navigation System; 12 AN/AAR-57 Common Missile Warning Systems; and 20 M240H 7.62mm machine guns.
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Ali Al-NimrPespective: Ali Al-Nimr and U.S.-Saudi Relations
An Islamic regime in the Middle East may soon behead a young man and hang his corpse up for display. ISIS? Iran? No—America’s ally Saudi Arabia. And because it’s the Saudis, the Obama administration’s silence has been deafening.
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U.S. - SaudiAhmed, The Clockmaking U.S. Student, Visits Qatar And Saudi Arabia
Life has not quite returned to normal yet for Ahmed Mohamed, the Texas teenager who was arrested after bringing a homemade clock to school. The 14-year-old is now touring parts of the Middle East, along with his father, Mohamed Elhassan Mohamed.
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Counter TerrorismThe U.S. Spends Billions Funding Foreign Fighters
“Our track record at building security forces over the past 15 years is miserable,” said Karl W. Eikenberry, a former military commander and United States ambassador in Afghanistan, recently told the New York Times.
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Anti-ISIS Campaign: ToyotasU.S. officials investigating how so many Toyotas wind up in the hands of ISIS
"Regrettably, the Toyota Land Cruiser and Hilux have effectively become almost part of the ISIS brand," said Mark Wallace, CEO of the Counter Extremism Project and former U.S. ambassador to the United Nations.
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SyriaRussia offers to reopen, broaden military talks with the U.S. over Syria
Russia and the United States tentatively agreed Tuesday to resume talks on how to prevent conflicts between their warplanes in the skies over Syria, even as concerns mounted about the potential for a broader confrontation in the Middle East between the two powers.
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AfghanistanU.S. military struggles to explain how it wound up bombing Doctors Without Borders hospital
A heavily-armed U.S. gunship designed to provide added firepower to special operations forces was responsible for shooting and killing 22 people at a Doctors Without Borders hospital in Kunduz, Afghanistan over the weekend, Pentagon officials said Monday.
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Saudi Students: U.S.Saudi Students Flock to a Diverse Set of U.S. Institutions
KASP recipients can enroll up to one year in an intensive English program (IEP) with full funding, though it is believed that such training will soon be capped at six months. The Saudi Arabian Cultural Mission (SACM), the government entity in charge of KASP, maintains a database of approved IEP programs in the U.S.
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ISIS in USFBI director: Islamic State draws fewer U.S. recruits
The drop-off, Comey said, may be due to the aggressive federal prosecution of dozens of U.S. suspects, many of whom have been convicted and sentenced to lengthy prison terms.
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SyriaU.S., Allies Demand Russia Stop Attacks on Syria Opposition
As Russia continued striking targets in Syria, the U.S. was joined by the U.K., France, Germany, Qatar, Saudi Arabia and Turkey in saying a bombing campaign begun by Vladimir Putin’s government on Wednesday “led to civilian casualties” and didn’t target Islamic State militants.
- McClatchy - Russian bombers again fail to target Islamic State in second day of attacks
- McClatchy - Perspective: For Putin, fight in Syria also a struggle with bitter domestic enemies
- The Hill - Putin's power play
- Lawfare - Does Article II Authorize the U.S. Military to Defend CIA-Trained Syrian Forces against a Russian Attack?
- Guardian - Wake-up call on Syrian army weakness prompted Russian intervention
- Defense News - Russia, US Open Deconfliction Talks
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