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  • Crown Prince Mohammed bin Salman to Visit Pakistan on Saturday, Announce $20b in Deals
     

    Saudi Arabia’s crown prince Mohammed bin Salman is set to make his first state visit to Pakistan on Saturday, where he will announce investment projects worth up to $20 billion, a senior official told VOA news. The investment is needed for Pakistan, which is cash-strapped and facing multiple regional political challenges with a recently-elected Prime Minister. […]

     
  • Saudi Arabia Launches Office to Monitor State Spending, Corruption After Crackdown
     

    Saudi Arabia has launched a new office to monitor state spending, saying it would help keep up the fight against corruption after the closing of a 15-month crackdown that yielded over $100b of assets to the government, according to Reuters. A newly created financial reporting office would be part of the state’s General Auditing Bureau, which watches […]

     
  • Private-Sector Program ‘Direction’ in Saudi Arabia Boosts Cross-Cultural Understanding, Dialogue
     

    A private-sector program in Saudi Arabia is seeking to enhance relations between the Kingdom and nations around the world through delegations of Saudi youths in order to spread “a culture of moderation and respect for others” in line with the Kingdom’s Vision 2030. The program, called “Direction,” designs, executes and manages supportive programs for Saudi and Arab […]

     
  • Saudi Arabia Doubles Down on Industrial Development Program; Seeking over $400 Billion in Investment
     

    Saudi Arabia is seeking to attract 1.6 trillion riyals (nearly $429 billion) in private sector investment over the next 10 years for an infrastructure and industrial program, according to an announcement over the weekend and at an investment conference in Riyadh today. Investments will be made through the National Industrial Development and Logistics Program (NIDLP), […]

     
  • Fahad Nazer Named New Saudi Embassy Spokesperson in Washington
     

    The Royal Embassy of Saudi Arabia in Washington has appointed Fahad Nazer as official spokesperson, according to a press release and announcement made public yesterday. Nazer, who has been a contributor to SUSTG.com as well as Arab News and other publications in the region and United States, replaces Ms. Fatimah Baeshen, who served in the role since September 2017 […]

     
  • Secretary of State Pompeo Meets Top Saudi Leadership in Riyadh
     

    Secretary of State Mike Pompeo held talks with Saudi Arabia’s King Salman and Crown Prince Mohammed bin Salman in Riyadh on Monday, discussion topics ranging from the conflicts in Syria and Yemen, threats from Iran and the Saudi response to the killing of Washington Post columnist Jamal Khashoggi last year, according to reports. The Associated Press reports that Pompeo spent […]

     
  • Production Cuts Begin with Big Drop in Crude Oil Supply; Prices Rise
     

    Oil output from OPEC countries fell 530,000 barrels a day to 32.6 million a day last month, Bloomberg reports, in what amounts to the sharpest pullback since January 2017. The cut in supplies is a response by the group to a global glut of oil on the market and a falling price for oil on international indices […]

     
  • Saudia-Owned Flyadeal Selects Boeing for Expansion Fleet with $3.5b in New Planes
     

    Saudi Arabian discount carrier Flyadeal will switch from an all-Airbus SE fleet to Boeing jets after ordering 30 737 Max narrow-body planes worth $3.5 billion at list prices, according to a Bloomberg report. The Chicago, Illinois-based Boeing has been in competition with France-based Airbus for the order since mid-2016, according to the report. The airline committed to […]

     
  • In Dhahran, Energy Secretary Perry, Al-Falih Discuss Oil Markets, Nuclear Possibilities
     

    U.S. Energy Secretary Rick Perry held a round of talks with Saudi Minister of Energy Khalid Al-Falih and Aramco CEO Amin Nasser as well other energy industry figures in Dhahran, Saudi Arabia, according to reports. The top energy officials from the U.S. and Saudi Arabia discussed oil markets and nuclear power possibilities. Saudi Arabia’s energy minister Khalid al-Falih […]

     
  • High Stakes as Saudi Arabia, Russia Leaders Meet on Sidelines of G20
     

    Top officials from Russia and Saudi Arabia are set to test their energy policy coordination through a series of meetings this week, both in Argentina on the sidelines of the G20 meeting and in Vienna, Austria next week for a meeting between OPEC and non-OPEC producers. Crude futures have fallen more than 25 percent since climbing to a four-year peak […]

     

MUST-READS

  • Trump: U.S. To Withdraw 4K Troops From Afghanistan By Election

    “It’s already planned. We’ll be down now in a very short period of time to 8,000; then we’re going to be down to 4,000,” Trump told Axios’ Jonathan Swan in an July 28 interview. Asked specifically how many troops would remain in Afghanistan by the time of the election on Nov. 3, the president said, “Probably anywhere from 4,000 to 5,000.”

  • House Chairmen Issue Subpoenas in Probe of U.S. Arms Sales to Saudi Arabia

    Congressional Democrats, moving forward with an inquiry into the firing of the State Department’s former inspector general, issued subpoenas to four State Department officials and released excerpts Monday from an interview with a former agency official. Secretary of State Mike Pompeo has said he recommended that President Trump fire Steve Linick as the State Department inspector general, citing leaks from Mr. Linick’s office and claiming the internal watchdog was working to undermine the department.

  • Kallman to lead U.S. presence at Saudi Airshow

    Kallman Worldwide has signed a partnership with Saudi International Airshow 2021 to strengthen the show’s American industry presence through their USA Partnership Pavilion.

  • Iran Uses First Military Satellite to Map, Publish U.S. Base in Qatar

    Press TV said the images covered the "full expanse" of the base, which it said hosts some 13,000 "terrorist" troops. Tehran has classified all U.S. forces as terrorists in retaliation for the Trump administration designating the IRGC a terrorist organization last year.

  • U.S. Economy Shrank at 33% Annual Rate in April-June Quarter

    The U.S. economy shrank at a dizzying 33% annual rate in the April-June quarter — by far the worst quarterly plunge ever — when the viral outbreak shut down businesses, throwing tens of millions out of work and sending unemployment surging to 14.7%, the government said Thursday.

  • U.S. Withdrawal Opens Way for Terror Alliance in Afghanistan

    An alliance of terror groups aimed at destabilizing peace in South Asia is emerging in Afghanistan as U.S. troops pull out of the war-ravaged nation, security officials said.

  • U.S. crude stocks stabilise as Saudi export surge ends

    Bloated U.S. crude inventories are finally on a diet, after the surge of imports from Saudi Arabia, loaded at the height of the volume war with Russia in March and April, finished discharging in the middle of July. Total crude stocks fell almost 11 million barrels last week, the largest one-week decline since 2019, the latest data from the U.S. Energy Information Administration (EIA) shows.

  • U.S. slaps sanctions on Syria in push for Assad to end war

    Assad’s son, Hafez, was among four people and 10 entities, including a Syrian army unit, targeted by Washington over accusations they either aided government funding through luxury real estate construction - sometimes on land belonging to displaced civilians - or prolonged the nearly decade-long war.

  • U.S. says air strike in Somalia killed one civilian, injured three

    In a report, U.S. Africa Command (AFRICOM) said a verification of the facts and circumstances about a Feb. 2 air strike triggered by allegations of civilian deaths established one civilian had been killed while three were injured.

  • U.S. expands charges against ex-Twitter employees accused of spying for Saudi Arabia

    Fresh off dismissing spying charges against two former Twitter employees and another individual on Tuesday, the U.S. government has unfurled a new superseding indictment that accuses the three individuals of even more offenses. The two former Twitter employees, Ahmad Abouammo and Ali Alzabarah, and the third person named Ahmed Almutairi were originally charged with fraudulently accessing private information and acting as illegal agents of a foreign government for allegedly spying on Twitter users critical of the Saudi royal family.