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Official White House, Saudi Statements on Iran Deal
- July 15,2015
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- SUSTG Team
U.S. President Barack Obama spoke with Saudi Arabia’s King Salman by phone on Tuesday to discuss the results of the P5+1 negotiations over Iran’s nuclear program. President Obama also expressed his condolences over the recent passing of HRH Prince Saud al-Faisal. According to a readout by the White House, President Obama “shared details of the Joint Comprehensive […]
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Secretary of State John Kerry Issues Statement on Passing of HRH Prince Saud al-Faisal
- July 10,2015
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- SUSTG Team
U.S. Secretary of State John Kerry issued a statement today expressing condolences for HRH Prince Turki al-Faisal. “Teresa and I join with my colleagues, past and present, across the United States government in expressing our deep sadness at the passing of Prince Saud Al Faisal, who served as Foreign Minister of Saudi Arabia for more […]
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Video Remarks: President Obama Hosts Iftar Dinner at the White House
- June 26,2015
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- SUSTG Team
President Obama hosted an Iftar dinner Monday night to mark Ramadan, and invited guests to break their fast at the White House. The Iftar is the evening meal after sunset that concludes the daily fasting during the month of Ramadan. The dinner was President Obama’s 7th Iftar celebration at the White House, and the President used […]
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Large Jump in May Oil Shipments to China Moves Russia Past Saudi Arabia
- June 23,2015
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- SUSTG Team
Russia has leaped ahead of Saudi Arabia as the top oil supplier to China, according to Bloomberg, as the race to supply the world’s second-largest oil consumer heats up. Bloomberg: “China imported a record 3.92 million metric tons from its northern neighbor in May, according to data emailed by the Beijing-based General Administration of Customs on Tuesday. […]
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Fahad Nazer: ‘ISIS Will Fail in Saudi Arabia’
- June 16,2015
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- SUSTG Team
After two bombings hit two soft targets in Saudi Arabia, the self-described Islamic State, or Daesh, has its sights set on Saudi Arabia, but the extremist group is unlikely to succeed in the Kingdom, writes Gulf expert Fahad Nazer. Nazer, a Saudi writer based in the United States whose contributions are featured on CNN, Washington […]
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U.S. Chamber of Commerce, Saudi Committee for International Trade and SUSTG Host Shura Delegation in Washington
- June 15,2015
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- SUSTG Team
Members of Saudi Arabia’s Shura Council visited Washington, D.C. last week for meetings. The delegates represented the Saudi-U.S. Parliamentary Friendship Committee of the Majlis Al-Shura which makes regular visits to the United States in support of the U.S.-Saudi relationship. The Shura delegates and invited guests were hosted at the U.S. Chamber of Commerce for a […]
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NCB: Saudi real GDP to grow 3.4 percent in 2015
- June 10,2015
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- SUSTG Team
Saudi Arabia will face “a moderate business cycle during 2015 and 2016, growing around 3% in real terms,” Saudi Arabia’s National Commercial Bank (NCB) finds in a recently released study. The study, entitled “Saudi Economic Perspectives 2015-2016” with the theme of “Tackling Challenges on Solid Ground,” finds less contribution from the oil sector and moderation in […]
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U.S. Chamber of Commerce, Saudi Committee for International Trade to Host Private Roundtable Luncheon with Visiting Shura Council Members in Washington
- June 8,2015
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- SUSTG Team
This week, members of Saudi Arabia’s Shura Council will attend a private roundtable luncheon at the Washington Headquarters of the U.S. Chamber of Commerce as part of the delegation’s outreach to the U.S. business community. Organized by the U.S. Chamber of Commerce, the Committee for International Trade (CIT) of the Council of Saudi Chambers, and […]
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Saudis Keep Up Production at High Levels to Drive Out U.S. Shale ‘with OPEC Backing’, Bloomberg Says
- May 27,2015
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- SUSTG Team
Bloomberg’s Grant Smith and Maher Chmaytelli write that Saudi Arabia will continue to push for high output levels in order to beat back U.S. shale at an OPEC semiannual meeting on June 5th, and will have OPEC backing to do it, extending a strategy that Saudi Arabia and OPEC see as working. The decision by […]
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Saudi Arabia Seeks Sikorsky MH-60R Helicopters, First Military Sale Request from a Gulf State Since Camp David Summit
- May 22,2015
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- SUSTG Team
The Royal Saudi Navy is seeking to purchase 10 Sikorsky MH-60R Sea Hawk helicopters as part of its naval expansion program, the first military purchase since the U.S.-GCC summit last week in Washington, Defense News reports. “The State Department has made a determination approving a possible Foreign Military Sale to the Kingdom of Saudi Arabia […]
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MUST-READS
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U.S., Qatar target Hezbollah financial network with sanctions
The United States and Qatar took coordinated action on Wednesday targeting a Hezbollah financial network in the Arabian Peninsula, the U.S. Treasury Department said in a statement. The Treasury said it designated individuals including Ali Reda Hassan al-Banai, Ali Reda al-Qassabi Lari and Abd al-Muayyid al-Banaiare for having provided financial or material support to Hezbollah, the Lebanon-based Shi'ite Islamist group that Washington has designated as a foreign terrorist organization.
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A New U.S. Weapons Exports Policy: Transformed or Simply Revamped?
A new Conventional Arms Transfer policy based on human rights could have a major impact on the global arms trade and U.S.-Gulf relations, but questions remain as to whether recent announcements will lead to concrete policy shifts.
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Libya Wants U.S. Oil Companies to Boost War-Torn Nation’s Output
Libya is trying to encourage U.S. oil companies to return to the war-torn nation and help it raise output rapidly. “I would like to personally encourage foreign companies, especially those from the U.S., to come back,” Oil Minister Mohamed Oun said in an interview in Italy, where he’s attending a conference. “We require a lot of work to upgrade and maintain our facilities.”
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U.S. to press Saudi crown prince for Yemen cease-fire
Sullivan is being dispatched at a moment when the situation in Yemen, the Arab world's poorest country, has further deteriorated. Fighting has intensified in the key city of Marib, as Iran-backed rebels have sought to oust the Saudi-backed government from the oil-rich city in the country's north. International efforts to end the war have been fruitless. Tim Lenderking, the U.S. special envoy for Yemen, called out the Houthis in July for continuing "to refuse to engage meaningfully on a cease-fire and political talks." Saudi Arabia offered a cease-fire proposal to Yemen's Houthi rebels earlier this year as it looked to rehabilitate its image with the Biden administration.
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U.S. top security adviser, Yemen envoy head to Saudi, UAE
Brett McGurk, the NSC's Middle East and North Africa Coordinator, will also join Sullivan and Tim Lenderking, the council spokeswoman Emily Horne said in a statement, adding that Sullivan will meet "with senior leaders on a range of regional and global challenges."
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U.S. pension fund to vote against Aramco chair for Reliance board
CalSTRS' voting decision is based on U.S. proxy advisory research firm Glass Lewis' recommendation, BloombergQuint reported on Friday. Reliance, owned by billionaire Ambani, had appointed Aramco's Yasir Al-Rumayyan as an independent director on July 19 in the process of formalising a deal it had struck with the Saudi Arabian company to sell 20% stake in its oil-to-chemicals business.
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U.S. and Israel held secret talks on Iran “plan B”
The meeting last week was held via a secure video conference call and led by national security adviser Jake Sullivan and his Israeli counterpart, Eyal Hulata.
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Afghans in Crisis Before U.S. Withdrawal
In November/December 2019, just before the February 2020 signing of the U.S.-Taliban peace deal, more than seven in 10 Afghans (72%) reported that there had been times in the past 12 months when their household lacked enough money for food. This marked a 15-percentage-point increase from 2018 and a new high since Gallup first began measuring this item annually in Afghanistan in 2008.
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SABIC, ExxonMobil JV in U.S. preparing for initial startup
Saudi Basic Industries, the world's fourth-biggest petrochemicals firm, said on Sunday its joint venture project with ExxonMobil in the U.S. Gulf Coast has started commissioning activities and preparing for an initial startup. The project includes the establishment of an ethylene production unit with annual capacity of about 1.8 million tonnes, which will feed two polyethylene units and a monoethylene glycol unit, it said in a statement.
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Op-Ed: The U.S.-Pakistan Relationship Needs a Rethink
More generally, the U.S. should stop granting Pakistan special treatment. The fiction that Pakistan is a “major non-NATO ally” should finally be abandoned. This rebalancing should be dispassionate, not spiteful — indeed, the U.S. should continue to support Pakistani civil society, including by funding health, education and climate initiatives, and should lead global efforts to cushion the blow of any refugee exodus from Afghanistan.
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