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Recent stories from sustg
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U.S. Officials Hold First Direct Meeting with Iran-Backed Houthis in Bid to End War – Report
- March 4,2021
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- SUSTG Team
Senior U.S. officials have held a first direct meeting with officials from the Iran-backed Houthi organization that controls Yemen’s capital, Reuters reports, citing two sources familiar with the matter.
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BofA Revises Upward 2021 Brent Oil Price by $10 a Barrel – Report
- February 23,2021
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- SUSTG Team
Bank of America (BofA) Global Research has hiked its forecast for Brent crude oil prices for this year, citing tighter supplies due to the Texas freeze and OPEC+ output curbs and unmatched global monetary stimulus, Reuters reports, citing a research note from the bank.
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Saudi Research and Marketing Group Hires Two Goldman Bankers as Execs, Looks to Expand
- February 10,2021
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- SUSTG Team
Saudi media powerhouse Saudi Research & Marketing Group (SRMG) hired two bankers from Goldman Sachs Group Inc. in the Gulf in a bid to to bolster its regional and global presence, according to a report in Bloomberg.
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Saudi International Kicks Off with English golfer David Horsey with a Day One Lead
- February 4,2021
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- SUSTG Team
This week’s Saudi International kicked off today at the Royal Greens Golf and Country Club in King Abdullah Economic City, Saudi Arabia, playing host to an impressive field of star Tour pros.
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Future Investment Initiative Conference Opens with Impressive Virtual Platform for Distance Participation, Audience
- January 27,2021
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- SUSTG Team
Saudi Arabia’s annual flagship investment conference, the Future Investment Initiative, began today with both in-person and remote participation from speakers and audience on an impressive digital platform built to expand engagement in the conference around the world.
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Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan Voices Optimism with U.S.-Saudi Relations under Biden Administration
- January 22,2021
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- SUSTG Team
Saudi Arabia’s foreign minister has voiced optimism that relations between Riyadh and Washington will be “excellent” under new U.S. President Joe Biden, Al-Arabiya TV channel cited him as saying on Thursday. Appointments made by Biden show “understanding of the common issues” by the new U.S. administration, Prince Faisal bin Farhan added.
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Saudi Arabia’s Crown Prince Says Kingdom Offering $6 Trillion in Investment Opportunities Over Next Decade
- January 14,2021
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- SUSTG Team
Saudi Arabia’s Crown Prince Mohammed bin Salman said the Kingdom offers investment opportunities worth $6 trillion over the next decade, with new projects representing half of this value, he said in a speech at the World Economic Forum on Wednesday.
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After Summit Agreement, Saudi Arabia’s Crown Prince Extends Saudi Hospitality to Visiting Qatari Emir
- January 6,2021
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- SUSTG Team
This week, Saudi Arabia and other GCC nations buried the hatchet with neighboring Qatar after a diplomatic standoff that lasted over three years. The two sides, working toward a fresh start in recent weeks, finalized the end of the feud at Tuesday’s 42nd GCC Summit in Saudi Arabia, reuniting to once again reinvigorate trade between […]
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Trump Administration Approves Nearly $300 Million in Bomb Sales to Saudi Arabia
- December 30,2020
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- SUSTG Team
The Trump Administration’s State Department has approved a possible the sale of nearly $300 million in GBU-39 Small Diameter Bomb I (SDB I) Munitions and related equipment to Saudi Arabia, the latest large U.S.-Saudi security deal to be approved in recent years. The principal contractor will be U.S.-based Boeing, St. Louis, MO.
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Saudi Arabia Joins Dozens of Nations in Blocking International Travel as Mutant Coronavirus Strain Alarms Authorities
- December 21,2020
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- SUSTG Team
Saudi Arabia suspended late on Sunday all international commercial flights for a renewable week except for the foreign flights already in the kingdom which will be allowed to leave, according to reports. The variant, detected in England, is up to 70 percent more transmissible than earlier versions, officials said. People in southeast England, where the […]
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TurkeyPerspective: Turkey Made a Bet Against Assad—And Lost
Seven years into the war in Syria, as Turkey struggles to shield itself from the destabilizing spill-over of regional turmoil, Erdoğan’s bet on the Arab world looks increasingly like a losing one. A Syria at war has become the graveyard for any dreams of the neo-Ottoman grandeur he may have nurtured.
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TurkeyIn familiar dance, Turkey warms to Russia as US ties unravel
Relations between Turkey and Russia are cozy, prompting worries in the West of a potentially critical rift in the NATO alliance. But Turkey's president may be engaged in a balancing act, tactically turning to Russia as ties with the United States further deteriorate over the detention of an American pastor.
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TurkeyHow Turkey’s lira crisis was written in Istanbul’s skyline
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TurkeyWill Turkey’s currency crisis hurt Erdogan? Here’s what a new poll shows
A new survey of Turkish voters suggests that the currency crisis is hurting the government’s popularity. But the political fallout is not likely to be too severe — because the government has convinced Turkish citizens that it is not responsible for the crisis.
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U.S.-TurkeyUS tip-off helped Turkey target PKK leader in Sinjar
While US President Donald Trump was threatening Turkey with further sanctions last week, the American military shared intelligence that helped Ankara target a high-ranking Kurdish militant leader, a Turkish diplomat told Middle East Eye.
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TurkeyCommentary: Turkey’s crisis is likely to deepen, based on history
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U.S.-TurkeyWhite House condemns Turkey’s tariffs on U.S. imports
In addition to its decision to ramp up tariffs on imports of Turkish steel and aluminum, the Trump administration earlier this month imposed sanctions on two top officials in Turkish President Tayyip Erdogan’s Cabinet as part of its efforts to pressure Turkey into freeing Brunson.
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Qatar-TurkeyQatar to invest $15 billion in Turkey; source says banks the focus
The investment package was announced after Qatar’s Emir Tamim bin Hamad Al-Thani met President Tayyip Erdogan in the capital, as Turkey grapples with a collapsing lira and a worsening commercial and political standoff with NATO ally the United States.
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IraqTrade Bank of Iraq puts Turkey bank acquisition plans on hold
Trade Bank of Iraq (TBI) has put on hold plans to buy a commercial bank in Turkey because of the plunge in the Turkish lira, its chairman told Reuters in an interview.
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