Saudi Arabia’s King Salman to Give the Kingdom’s Crown to His Son, Prince Mohammed

Saudi Arabia’s King Salman to Give the Kingdom’s Crown to His Son, Prince Mohammed

Saudi Arabia’s King Salman to Give the Kingdom’s Crown to His Son, Prince Mohammed King Salman of Saudi Arabia is planning to step down next week and name his son Prince Mohammed bin Salman as his successor, a source told DailyMail.com They added: ‘King Salman will play the role of the queen of England. He will only keep the […]

Sing About President Trump’s Middle East Success

Sing About President Trump’s Middle East Success

Sing About President Trump’s Middle East Success Trump’s Unsung Success in the Middle East President Trump’s Middle East policy is simple: Back our friends and scare the hell out of our enemies, and negotiate where possible with our competitors like Russia and China. By and large it’s working, unlike the catastrophically failed polices of the […]

Bush Friend, Saudi “Deep State” Prince Bandar Arrested in Purge

Bush Friend, Saudi “Deep State” Prince Bandar Arrested in Purge

Bush Friend, Saudi “Deep State” Prince Bandar Arrested in Purge According to a new report by Middle East Eye, Prince Bandar bin Sultan, Saudi Arabia’s most famous arms dealer, longtime Ambassador (former) to the US, and recent head of Saudi intelligence, is among those detained as part of Crown Prince Mohammed bin Salman’s (MbS) “corruption purge” that started […]

Is The Middle-East Is On The Verge Of A New War?

Is The Middle-East Is On The Verge Of A New War?

Is The Middle-East Is On The Verge Of A New War? Saudi Arabia is going through a major internal political crisis the likes of which has rarely been seen. According to initial reports, 2 Saudi Princes died back to back in 24 hours: 1 in an “accidental” helicopter crash, the other during a firefight that broke […]

The Purge in Saudi Arabia Explained

The Purge in Saudi Arabia Explained

The Purge in Saudi Arabia Explained “It is the most volatile period in Saudi history in over a half-century.”   Mohammed bin Salman, 32 anni, the Crown Prince of Saudi Arabia, is rounding up the opposition — specifically, the opposition inside his own royal family. At the weekend, Saudi police arrested an astonishing 11 Princes, along […]

Billionaire Saudi Prince Arrested in Kingdom Corruption Crackdown

Billionaire Saudi Prince Arrested in Kingdom Corruption Crackdown

Billionaire Saudi Prince Arrested in Kingdom Corruption Crackdown $C, $AAPL, $FOX, $TWTR Saudi Arabia’s Prince Alwaleed Bin Talal was arrested Saturday in a sweeping anti-corruption initiative. Saudi Arabia’s Prince Alwaleed Bin Talal, a member of the country’s royal family and an investor in Fox Apple, CitiGroup (NYSE:C) and other gian companies, was arrested Saturday in […]

Saudi Arabia’s New Mega City NEOM is Crown Prince’s Desert Dream

Saudi Arabia’s New Mega City NEOM is Crown Prince’s Desert Dream

Saudi Arabia’s New Mega City NEOM is Crown Prince’s Desert Dream Future reforms are expected to cut subsidies, raise taxes, overhaul the education system Saudi Arabia’s planned $500-B mega-city is an oasis of stunning cliffs, sandy beaches and high-tech projects powered by wind and solar energy where robots outnumber humans and a cosmopolitan lifestyle offers […]

Saudi Aramco May Scrap IPO, Going with Private Investors

Saudi Aramco May Scrap IPO, Going with Private Investors

 Saudi Aramco May Scrap IPO, Going with Private Investors $OIL Saudi Aramco is considering the sale of a stake to a Chinese investor as plans for its highly-anticipated international public offering are pushed beyond its Y 2018 target, sources familiar with the matter said Friday. The IPO (initial public offering) is expected to be the […]

Saudi Arabia Enters the Entertainment World with $2.7-B Investment

Saudi Arabia Enters the Entertainment World with $2.7-B Investment

Saudi Arabia Enters the Entertainment World with $2.7-B Investment Saudi Arabia’s sovereign wealth fund is creating an entertainment investment company as the conservative Kingdom loosens it reins on the fun zone. The Kingdom’s Public Investment Fund announced Wednesday it will develop the new company with an initial capitalization of $2.7-B Its aim will be to […]

Saudi Arabia’s New Crown Prince Is Good News for Israel and US

Saudi Arabia’s New Crown Prince Is Good News for Israel and US

Saudi Arabia’s New Crown Prince Is Good News for Israel and US New Crown Prince Mohammed bin Salman’s appointment as Saudi Arabia’s heir apparent was only a matter of time. The “boy,” who will mark his 32nd birthday in August, has been leading the country de facto anyway. He already calls the shots on foreign […]

US President Donald Trump’s Speech Sunday in Saudi Arabia

US President Donald Trump’s Speech Sunday in Saudi Arabia

US President Donald Trump’s Speech Sunday in Saudi Arabia I want to thank King Salman for his extraordinary words, and the magnificent Kingdom of Saudi Arabia for hosting today’s summit. I am honored to be received by such gracious hosts. I have always heard about the splendor of your country and the kindness of your […]

Saudi Aramco to Sign Deals with US Firms During President Trump’s Visit

Saudi Aramco to Sign Deals with US Firms During President Trump’s Visit

Saudi Aramco to Sign Deals with US Firms During President Trump’s Visit $BHI, $HAL, $SLB, $GE Deals are expected to be signed with US companies such as Schlumberger, Halliburton, Baker Hughes and Weatherford Saudi Aramco is due to sign deals with 12 US companies Saturday during US President Donald Trump’s visit to Saudi Arabia. The […]

Saudi Crown Prince, “…ties with US are Historic and Strategic”

Saudi Crown Prince, “…ties with US are Historic and Strategic”

Saudi Crown Prince, “…ties with US are Historic and Strategic” $OIL His remarks came during CIA director Mike Pompeo’s visit to Riyadh last Friday Saudi Arabia’s relations with the United States are “Historic and Strategic”, Crown Prince Mohammed bin Nayef said on the occasion of the visit of CIA director Mike Pompeo to Riyadh. This […]

Saudi Arabia Begins Tourism Jobs Push

Saudi Arabia Begins Tourism Jobs Push

Saudi Arabia Begins Tourism Jobs Push A new partnership will seek to increase the number of Saudis working in the sector Saudi Arabia’s Commission for Tourism and National Heritage (SCTNH) has signed an agreement with the labor ministry to create more jobs for Saudis in the tourism sector. The partnership will see the two setup […]

Saudi Arabia is Keen on US President Trump’s pro-Crude Oil Policies

Saudi Arabia is Keen on US President Trump’s pro-Crude Oil Policies

Saudi Arabia is Keen on US President Trump’s pro-Crude Oil Policies $OIL, $USO, $UNG The Kingdom’s energy minister says Saudi Arabia may increase its investments in the US Saudi Arabia may increase its Crude Oil investments in the US due to a more fossil fuel-oriented energy policy by the Trump Administration, the Kingdom’s Energy Minister […]

Saudi Prince Alwaleed Bin Talal,”Stop the debate, time for women to drive.”

Saudi Prince Alwaleed Bin Talal,”Stop the debate, time for women to drive.”

Saudi Prince Alwaleed Bin Talal,”Stop the debate, time for women to drive.” Billionaire Saudi Prince Alwaleed Bin Talal issued a public call for women to be allowed to drive in the conservative Kingdom. Prince Alwaleed Bin Talal made the call on Twitter (NYSE:TWTR), tweeting in Arabic and English: “Stop the debate: Time for women to […]

OPEC Back in Business, the Market is Sceptical

OPEC Back in Business, the Market is Sceptical

OPEC Back in Business, the Market is Sceptical $OIL, $USO Crude Oil plummets to a 1-month low following the conclusion of the weekend’s 2-day informal technical OPEC meeting Familiar concerns have emerged about OPEC’s willingness and ability to cut production in order to push prices higher OPEC’s output accord in Algiers last month was initially […]

Qatar’s Emir Calls for Neighborly Relations with Iran

Qatar’s Emir Calls for Neighborly Relations with Iran

Qatar’s Emir Calls for Neighborly Relations with Iran Qatar’s Emir called for good neighborly relations between Gulf Arabs and Iran in a telephone call with Iranian President Hassan Rouhani, Qatar media reported, amid fresh strains between regional rivals Saudi Arabia and Iran over the haj pilgrimage. Tensions have been rising since Gulf Arab allies variously […]

Saudi Stock Market Easing Restrictions on Foreign Investment

Saudi Stock Market Easing Restrictions on Foreign Investment

Saudi Stock Market Easing Restrictions on Foreign Investment Ownership limits and minimum qualifications for overseas institutions will be eased next month Saudi Arabia will ease restrictions on foreign investment in its securities markets next month, sooner than previously indicated, in an effort to attract more institutional money into its exchange, the regulator said Wednesday. With […]

Saudi Princess Leads Women’s Sports Initiative

Saudi Princess Leads Women’s Sports Initiative

Saudi Princess Leads Women’s Sports Initiative Appointment of Princess Reema bint Bandar bin Sultan came just ahead of the Rio Olympic Games, where 4 Saudi women will compete  Princess Reema bint Bandar bin Sultan was appointed by Saudi Arabia’s Cabinet to head a new department for women under the Kingdom’s General Authority for Sports. Princess […]

Saudi Coalition Will Stay Off UN ‘Blacklist’

Saudi Coalition Will Stay Off UN ‘Blacklist’

Saudi Coalition Will Stay Off UN ‘Blacklist’ Saudi Arabia’s Ambassador to the UN claimed safety of children in Yemen is at the Top of its priorities Secretary General of the United Nations, Ban Ki-Moon, announced that the Saudi-led Arab coalition will remain off the ‘blacklist’ of those causing the deaths of children in Yemen. Earlier […]

$80 Fine for Saudi Motorists Caught Playing Pokemon Go

$80 Fine for Saudi Motorists Caught Playing Pokemon Go

$80 Fine for Saudi Motorists Caught Playing Pokemon Go $NTDOY “Playing Pokemon Go will distract the driver who may hurt himself, other motorists and pedestrians,” an official warned.  Saudi Motorists found playing mobile game Pokemon Go will be fined SAR 300 ($80), the country’s traffic department said. The Traffic Department director general for the Eastern […]

Saudi Arabia Regains Spot as Top Crude Supplier to China

Saudi Arabia Regains Spot as Top Crude Supplier to China

Saudi Arabia Regains Spot as Top Crude Supplier to China $OIL China imported 4.569-M tonnes of Crude Oil from the Kingdom in June Saudi Arabia, the world’s biggest Crude Oil exporter, regained its position as China’s top Crude supplier in June, after losing out to Russia in the previous 3 months, customs data showed Thursday. […]

Brexit to Have Little Impact on Saudi and UAE Financial Institutions

Brexit to Have Little Impact on Saudi and UAE Financial Institutions

Brexit to Have Little Impact on Saudi and UAE Financial Institutions Saudi said it had already made some adjustments to assets denominated in Pound Sterling and Euros Saturday, 2  Gulf states said they did not anticipate their financial institutions to be greatly affected as a result of Britain’s vote to leave the EU. Saudi Arabia, […]

Saudi Arabia Engaged HSBC Banker to Manage Bond Sale

Saudi Arabia Engaged HSBC Banker to Manage Bond Sale

Saudi Arabia Engaged HSBC Banker to Manage Bond Sale Fahad Al Saif has become the 2nd HSBC banker to be appointed to a government role in recent months It was reported Tuesday that Saudi Arabia has engaged HSBC Holdings banker Fahad Al Saif to start a debt management office responsible for the Kingdom’s 1st international […]