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Recent stories from sustg
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Jadwa Investment: ‘Vision 2030’ Plan May Help Saudi Avoid Significant Fiscal Deficit
- May 5,2016
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- SUSTG Team
Jadwa Investment’s recently released economic analysis on Saudi Arabia’s ‘Vision 2030’ finds that Saudi Arabia’s new plan to move toward sustainability may help it avoid a looming fiscal crisis. Calling the plan “major and ambitious,” the Riyadh-based Jadwa looks at what might hypothetically happen if Saudi Arabia were to do nothing about the harsh fiscal […]
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Mining in Focus for ‘Vision 2030’ as Ma’aden Appoints Health Minister Khalid al-Falih Chairman, Reshuffles Board
- May 2,2016
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- SUSTG Team
Saudi Arabia’s ‘Vision 2030’ plan to diversify its economy identifies the mining and minerals sector as one of the top non-oil growth sectors for the Kingdom. Days after the Vision 2030 plan was announced the Saudi Public Investment Fund (PIF) reshuffled the board of the Saudi Arabian Mining Company – known as Ma’aden – and […]
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Saudi Arabia’s ‘Vision 2030’: What Does Success Look Like?
- April 28,2016
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- Lucien Zeigler and Richard Wilson
The recently released ‘Vision 2030’ is notable in many ways; not the least for the scope and ambition of the plan’s goals. As SUSTG has documented this week through a series of infographics, ‘Vision 2030’ is organized around three main themes and calls for the implementation of 13 separate ‘programs’ in support of the plan’s goals. […]
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Full Text: Saudi Arabia’s ‘Vision 2030’ National Transformation Program
- April 26,2016
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- SUSTG Team
Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman, who is chair of the Council of Economic Development Authority (CEDA) and Minister of Defense presented the much-anticipated ‘Vision 2030’ framework of new policies to be pursued by the Saudi government. Here’s the full text of his presentation, as well as the Vision 2030 roadmap itself. The […]
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‘Saudi Vision 2030,’ Saudi Arabia’s National Transformation Plan for a New Saudi Economy, Launches with Media Push
- April 25,2016
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- SUSTG Team
Saudi Arabia’s has launched the ‘Saudi Arabia 2030’ National Transformation Plan (sometimes referred to as ‘Vision 2030’) today with a video announcement on Twitter and the first video interview with Deputy Crown Prince Mohammed bin Salman given to the news channel Al Arabiya. Details of the comprehensive plan are expected to include economic and social […]
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President Obama Arrives Tomorrow to Saudi Arabia for Meetings with King Salman, GCC Leaders
- April 19,2016
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- SUSTG Team
President Obama arrives tomorrow (Wednesday) in Riyadh for meetings with King Salman and other top Saudi government leaders, and to attend a GCC summit meeting. The visit to Saudi Arabia, the President’s fourth trip to the Kingdom, comes amid increased focus on U.S.-Saudi relations. On Monday, the White House expressed confidence that Saudi Arabia would not […]
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CIT’s Omar Bahlaiwa Appointed Acting Secretary General of the Council of Saudi Chambers
- April 14,2016
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- Lucien Zeigler and Richard Wilson
Saudi Committee for International Trade (CIT) Secretary General, Eng. Omar Bahlaiwa, has been appointed Acting Secretary General of the Council of Saudi Chambers, replacing Khalid Al-Otaibi. Eng. Bahlaiwa, who will continue to serve as Secretary General of CIT which is within the Council of Saudi Chambers of Commerce (CSC), was appointed by CSC Chairman, Dr. Abdulrahman […]
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What to Know About the CBS 60 Minutes on Redacted 28 Pages in House/Senate 9/11 Report
- April 11,2016
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- Lucien Zeigler and Richard Wilson
Last night’s report by CBS’s 60 Minutes with correspondent Steve Kroft covered the controversial classified pages of the Joint Inquiry Into Intelligence Community Activities Before and After the Terrorist Attacks of September 11, 2001 report produced by U.S. Senate Select Committee on Intelligence and the U.S. House Permanent Select Committee on Intelligence in December 2002. This report preceded what is known […]
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Saudi Arabia reportedly planning US-style ‘green card’ system as part of strategy to increase revenue
- April 7,2016
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- SUSTG Team
Saudi Arabia is considering setting up a ‘green card’ system, similar to that used in the US, as part of an overall strategy to raise $100 billion in revenues annually by 2020, according to reports. The Deputy Crown Prince “revealed Saudi Arabia’s inclination to introducing a system for residents that is similar to the American […]
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Politico Op-Ed Details Extensive U.S.-Saudi Coordination to Deter Terrorism and Terrorist Financing
- April 5,2016
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- SUSTG Team
Nail Al-Jubeir, director of the information office at the Royal Embassy of Saudi Arabia and brother to Saudi Foreign Minister, Adel Al-Jubeir (previously Saudi Ambassador to the United States), has written an op-ed in Politico on the deep and well-established programs in place to enable the U.S. and Saudi Arabia to work together to “suffocate terrorism.” The op-ed, […]
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MUST-READS
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Kingdom HoldingPrince Alwaleed’s Kingdom Holding Sells Mövenpick Hotel Bur Dubai
Kingdom Holding Investments (KHI), a subsidiary of Saudi Prince Alwaleed Bin Talal’s Kingdom Holding Company (KHC), has announced that it has sold its stake in the Mövenpick Hotel and Apartments Bur Dubai.
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Egypt-QatarEgypt and Qatar accept King Abdullah’s reconciliation initiative
Egypt and Qatar have responded positively to the Custodian of the Two Holy Mosques King Abdullah's initiative to end their rifts and normalize their bilateral relations.
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Saudi-LebanonWhy Saudi Arabia is Picking Up Lebanon’s $3 Billion Weapons Tab
French foreign affairs minister Laurent Fabius welcomed the agreement, which he said "reflects the exceptional quality of French-Saudi relations." But the complex arms-sharing ménage à trois involves more than just the three actors, with Iran and Syria also factoring into the equation.
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CarsSaudi Arabia’s car market: A regional hub in the making
The current sales’ figures range from 600,000 to 820,000 cars per year. At current rates of 11 percent annual growth, the million-car mark is likely to be achieved within two years.
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Saudi - JordanJordan, Saudi kings in talks as they battle IS
Jordan's King Abdullah II met his Saudi counterpart in Riyadh Sunday for talks as both nations participate in a US-led bombing campaign against Islamic State group extremists in Syria.
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Alwaleed Bin TalalKingdom Holding, Qatar own Savoy Hotel equally
Katara Hospitality Company owned by the government of Qatar acquired a 50 percent stake in the London landmark Fairmont Hotel the Savoy from Lloyds Banking Group, making the famous London hotel equally owned by Kingdom Holding Company (KHC) chaired by Prince Alwaleed Bin Talal and the government of Qatar.
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Syria Food AidSaudi king donates $104M for Syria food aid
A $104 million donation from Saudi Arabia's King Abdullah has helped restore food vouchers for 1.7 million Syrian refugees as winter approaches. A statement Wednesday from U.N. Secretary-General Ban Ki-moon's spokesman expresses profound gratitude and says the money will help get food to millions of refugees from Syria as well as South Sudan and Somalia.
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Saudi Cabinet ShuffleKing appoints 8 new ministers
In a major Cabinet reshuffle, Custodian of the Two Holy Mosques King Abdullah on Monday replaced six ministers and appointed eight new ministers. Dr. Muhammad Al-Hiazaa is the new minister of health while Abdulaziz Al-Khudairi is new minister of culture and information, the Saudi Press Agency reported. According to the royal decrees, six ministers have been relieved from their duties upon their request. They are Sheikh Saleh Al-Asheikh, minister of Islamic affairs, endowments, call and guidance; Khaled Al-Anqari, minister of higher education; Muhammad Mulla, minister of communications and information technology; Yusuf Al-Othaimeen, minister of social affairs; Fahd Balghunaim, minister of agriculture; and Jubarah Al-Suraisri, minister of transport. They were replaced by Suleiman Aba Al-Khail (Islamic affairs), Khaled Al-Sabti (higher education), Fahaad Al-Hamad (communications and information technology), Suleiman Al-Homayyed (social affairs), Waleed Al-Khuraiji (agriculture), and Abdullah Al-Moqbil (transport).
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U.S. Public OpinionLinking Iran and ISIS: How American Public Opinion Shapes the Obama Administration’s Approach to the Nuclear Talks
The starting point is not about Iran as such; it’s all about shifting public priorities. In a poll I conducted November 14-19, 2014 among a nationally representative sample of 1008 Americans, it turns out that American public fear of Iran is dwarfed by the fear of ISIS. Overall, 70 percent of Americans polled identify ISIS as the biggest threat facing the United States in the Middle East, 13 percent identify violence in the Palestinian-Israeli conflict, and 12 percent identify Iranian behavior.
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Intelligence SpendingNew Snowden Leak Reports ‘Groundbreaking’ NSA Crypto-Cracking
The latest published leak from NSA whistleblower Edward Snowden lays bare classified details of the U.S. government’s $52.6 billion intelligence budget, and makes the first reference in any of the Snowden documents to a “groundbreaking” U.S. encryption-breaking effort targeted squarely at internet traffic.
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