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Stephen D. Bechtel Jr., Grandson of Company’s Founder, Dies at Age 95
- March 17,2021
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- SUSTG Team
Stephen D. Bechtel Jr., who expanded the global reach of Bechtel as chief executive from 1960 to 1990, died Monday at his home in San Francisco, the company announced. He was 95.
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New Paper Highlights Deep U.S.-Saudi Economic Relationship Beyond Defense and Energy
- March 16,2021
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- SUSTG Team
A new paper from authors David Kenner and Kameal Al-Ahmad of the King Faisal Center for Research provides a fresh overview of the US-Saudi economic relationship beyond the headline-dominating oil and arms sales.
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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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Saudi Civil Aviation Authority Chief Replaced as Kingdom Set to Reopen International Flights on May 17
- March 12,2021
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- SUSTG Team
Saudi Arabia’s civil aviation authority said the Kingdom will resume international flights on May 17 after they have been earlier suspended due to coronavirus travel restrictions, according to reports citing a circular.
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Saudi Arabia is Improving its Air Defenses Against Missile Attacks
- March 11,2021
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- SUSTG Team
Saudi Arabia’s air defenses “appear to be coping better with long-range attacks on the kingdom,” defense and security publication IHS Jane’s said, as Saudi Arabia continues to fend off cross-border attacks from Yemen’s Iran-backed Houthis.
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Report: Lucid Motors Committed to Building Factory in Saudi Arabia after PIF Investment Round
- March 10,2021
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- SUSTG Team
A Wall Street Journal report on Tuesday revealed that the electric-car startup Lucid Motors Inc. has an “undisclosed commitment to build an assembly plant in Saudi Arabia, a potentially costly promise the company made after accepting more than $1 billion in financing from the Saudi Public Investment Fund in 2018.” The promise could be both […]
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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 Now the ‘Top Theatrical Market in the Middle East’ and is now a ‘Major Driver for Arabic Film Production’ – Variety
- March 5,2021
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- SUSTG Team
Saudi Arabia’s historic re-opening of cinemas three years ago was the start of a major cinema and film boom in the Kingdom, making the Kingdom “the top theatrical market in the Middle East and is turning into a major driver for Arabic film production,” a top Hollywood publication reports.
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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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MUST-READS
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DLA Piper in Saudi ArabiaDLA Piper appointment Saudi-based Paul Latto to its partnership in Middle East
Paul joins the firm from Clifford Chance, where he had been a Partner since 2013; prior to that Paul was with Linklaters.
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Municipal CouncilsSaudi women’s work and challenges in the council just starting
But now the Minister of Rural and Municipality Affairs has officially announced that “new” addendums to the regulations, made after the election results, state that women council members should be in a separate room following council proceedings and discussions and communicating with their colleagues through CCTV and microphones!
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SyriaSyria talks may not start on Jan. 25, ‘pressure, momentum’ needed: U.N. envoy
The United Nations Special Envoy for Syria said on Wednesday that peace talks might not start as planned in Geneva on Jan. 25th but that major powers must maintain diplomatic pressure on the warring sides to come to the table.
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LibyaLibya rivals announce unity government as part of UN-backed plan
Representatives of Libya’s rival factions have formed a unity government aimed at stemming the chaos that has engulfed the country.
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U.S. - Saudi RelationsSaudi Disillusionment with the U.S. Started With Bush – Conversation with Chas Freeman
I take issue with David Ignatius’ thesis that the Saudis are doing what they’re doing out of fear. I think they are instead showing frustration at their inability to get support from others, especially the United States, for their main objectives in response to the serious challenges they face.
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Anti-ISIS CampaignExclusive: Seized documents reveal Islamic State’s Department of War Spoils
Islamic State has set up departments to handle "war spoils," including slaves, and the exploitation of natural resources such as oil, creating the trappings of government that enable it to manage large swaths of Syria and Iraq and other areas.
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War in YemenYemen conflict: Warring parties ‘exchange prisoners’
Yemen's warring parties are reported to have exchanged hundreds of prisoners, as UN-brokered talks aimed at ending the conflict in the country continue.
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NitaqatSaudi student working as part-timer to be considered in Nitaqat: Minister
Saudi students working in part-time jobs will be considered as Saudi employees in the Nitaqat program on condition that they work only after their school hours, Labor Minister Mofrej Al-Haqbani has said.
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Anti-ISIS CampaignCarter Cautions US Ground Troops Would ‘Americanize’ ISIS Fight
Defense Secretary Ash Carter told lawmakers on Wednesday that adding a significant US ground force to the fight against the Islamic State group would “Americanize” the fight and fuel “a call to jihad” in Iraq and Syria.
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Terror WarningState Department terror warning casts shadow over Thanksgiving travel
AAA, formerly known as the American Automobile Association, predicts that 46.9 million Americans will travel more than 50 miles from home this holiday, the largest number since 2007.
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