President Trump, Congress Preparing a Response to the Arrest of Suspects in Khashoggi’s Death

President Trump, Congress Preparing a Response to the Arrest of Suspects in Khashoggi’s Death

President Trump, Congress Preparing a Response to the Arrest of Suspects in Khashoggi’s Death Friday, President Donald Trump called Saudi Arabia’s announcement that suspects are in custody in the death of  Jamal Khashoggi a “good first step” and said he would work with Congress on a US response. The President spoke to the media at […]

US Stocks Test on Fed Rates and Global Growth Concerns

US Stocks Test on Fed Rates and Global Growth Concerns

US Stocks Test on Fed Rates and Global Growth Concerns $DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 index closed just above its 200-Day MA, a Key indicator of long-term price trends. US stocks opened lower as Chinese stocks fell overnight, sparking concerns about the impact of trade tensions on China’s economy. Plus, concerns mounted […]

How Close was Saudi Arabia to Buying Tesla?

How Close was Saudi Arabia to Buying Tesla?

How Close was Saudi Arabia to Buying Tesla? $TSLA With privatization plans now off the table, we investigate how close Saudi’s electric dream was to becoming a reality In what became one of the most intriguing and beguiling business stories of recent years, Saudi Arabia emerged as a leading player in the complex and now defunct […]

Saudi Arabia Reduced Its Crude Oil Production in July

Saudi Arabia Reduced Its Crude Oil Production in July

Saudi Arabia Reduced Its Crude Oil Production in July $OIL, $USO NYMEX WTI Crude Oil -0.5% closed at 67.28 bbl (USO) 13 August 2018 OPEC released its monthly Oil Market Report Monday. Saudi Arabia did reduce Crude Oil production in July following preliminary reports last week, despite its agreement to raise output, following recent OPEC/NOPEC […]

Canada Quietly ‘Begging’ for Help in its Dispute with Saudi

Canada Quietly ‘Begging’ for Help in its Dispute with Saudi

Canada Quietly ‘Begging’ for Help in its Dispute with Saudi Canada is quietly ‘begging’ allies including Germany and Sweden for help with resolving its dust-up with Saudi Arabia, a government source confirmed Thursday. The senior official said Foreign Minister Chrystia Freeland had spoken with her counterparts in the 2 European nations. Germany and Sweden previously […]

The GCC is Seeing a Resurgence in Real Estate

The GCC is Seeing a Resurgence in Real Estate

The GCC is Seeing a Resurgence in Real Estate $JLL With diversification plans taking shape, 10–year visas on the horizon and Crude Oil prices holding firm, investor sentiment has increased again in the GCC’s property market The resilience of the GCC’s real estate market has proven itself yet again this year, having weathered several stifling […]

President Trump Warns OPEC on “Artificially” Pricing Crude Oil

President Trump Warns OPEC on “Artificially” Pricing Crude Oil

President Trump Warns OPEC on “Artificially” Pricing Crude Oil $OIL, $USO Crude Oil retreats from highest marks in more than 3 years Friday, US President Donald Trump accused OPEC of “artificially” boosting Crude Oil prices after a year-plus pact that has cut global crude inventories, drawing rebukes from Oil-producing countries as prices dipped following his […]

China Has Launched Its Gold-backed ‘Petroyuan’

China Has Launched Its Gold-backed ‘Petroyuan’

China Has Launched Its Gold-backed ‘Petroyuan’ $CNY, $USD, $USO, $OIL, $GLD For the last few years, I have been writing about China’s coming Gold-backed ‘petroyuan’ and that it was imminent, few thought is possible. On 26 March China launch an RMB Yuan-dominated Crude Oil futures contract, it had tried before, but, now the contract has gotten […]

Saudi Arabia Set to Recover more than $100-B in Corruption Settlements

Saudi Arabia Set to Recover more than $100-B in Corruption Settlements

Saudi Arabia Set to Recover more than $100-B in Corruption Settlements The Kingdom is expecting to beat its settlement target from detainees charged with corruption Saudi authorities leading the Kingdom’s corruption investigation will likely recover more than $100-B in settlements from detained Royals, businessmen and government officials, according to a recent report. The Kingdom’s AG […]

Saudi Arabia Seeks Extradition of Corruption Suspects

Saudi Arabia Seeks Extradition of Corruption Suspects

Saudi Arabia Seeks Extradition of Corruption Suspects The public prosecutor said evidence is being collected against “fugitives” in order to issue indictments against them. Saudi Arabia’s public prosecutor has said he will pursue extradition for corruption suspects living abroad as part of a 2-month-old crackdown that has already wrapped up Princes and tycoons. Evidence is […]

Saudi Arabia Released Some Corruption Detainees, Others to Stand Trial

Saudi Arabia Released Some Corruption Detainees, Others to Stand Trial

Saudi Arabia Released Some Corruption Detainees, Others to Stand Trial The Saudi suspects have been held at Riyadh’s Ritz Carlton hotel since early November Saudi Arabia has released 23 of the 200 powerful individuals detained since November on corruption charges after they reached deals with the government, Okaz newspaper reported Tuesday. The report did not […]

UAE, Saudi Arabia Working on Digital Currencies

UAE, Saudi Arabia Working on Digital Currencies

UAE, Saudi Arabia Working on Digital Currencies The 2 Gulf nation’s central banks in the have expressed skepticism about digital currencies The United Arab Emirates (UAE) is working with Saudi Arabia’s central bank to issue a digital currency that would be accepted in cross-border transactions between the 2 Gulf countries, UAE central bank governor Mubarak […]

Cinemas to be Allowed in Saudi Arabia from Early 2018

Cinemas to be Allowed in Saudi Arabia from Early 2018

Cinemas to be Allowed in Saudi Arabia from Early 2018 Cinemas have been banned in the Kingdom since the early 1980’s Saudi Arabia lifted a 35-year-old ban on cinemas Monday, prompting celebrations from film fans, directors and movie chains eyeing the last untapped mass market in the Middle East. The first theatres could start showing […]

Most People Detained in Saudi Anti-corruption Sweep Settled

Most People Detained in Saudi Anti-corruption Sweep Settled

Most People Detained in Saudi Anti-corruption Sweep Settled Saudi says most people detained in anti-corruption sweep have settled People who refuse to settle are referred to the public prosecutor for additional investigation Saudi Arabia’s public prosecutor said most of the people detained in a sweeping anti-corruption campaign launched last month have agreed to settlements to […]

Saudi Crown Prince Mohammed bin Salman Bought DaVinci’s ‘Christ’

Saudi Crown Prince Mohammed bin Salman Bought DaVinci’s ‘Christ’

Saudi Crown Prince Mohammed bin Salman Bought DaVinci’s ‘Christ’ Saudi Arabia’s Crown Prince is the buyer of the Leonardo Da Vinci painting of Christ that sold last month for a record $450-M. Crown Prince Mohammed bin Salman, 32 anni, bought the painting using a distant relative as a “proxy,” according to a source in the […]

Saudi Prince Miteb bin Abdullah Reached $1-B Settlement, Released

Saudi Prince Miteb bin Abdullah Reached $1-B Settlement, Released

Saudi Prince Miteb bin Abdullah Reached $1-B Settlement, Released Prince Miteb bin Abdullah, 1 of the most senior Saudi Arabian royals detained in a declared crackdown on corruption, has been released after reaching a settlement deal believed to exceed the equivalent of $1-B, an official said. Prince Miteb, Son of the late King Abdullah, was […]

Saudi Arabia’s Crown Prince vows “to wipe Terrorists from the Earth”

Saudi Arabia’s Crown Prince vows “to wipe Terrorists from the Earth”

Saudi Arabia’s Crown Prince vows “to wipe Terrorists from the Earth” Saudi Arabia’s Crown Prince hosts officials from 40 Muslim countries in 1st meeting of Islamic counter-terrorism alliance. Sunday the Saudi Crown Prince vowed to “pursue terrorists until they are wiped from the face of the earth” as officials from 40 Muslim countries gathered in […]

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 […]

Gold and the Fall of the US Dollar

Gold and the Fall of the US Dollar

Gold and the Fall of the US Dollar $OIL, $GLD, $SLV, $USD, $CNY China, Russia, and Saudi Arabia are aligning in response to trade sanctions and political discord from the West. Together, they may bring an end to the global supremacy of America and the USD, according to analyst Peter Reagan. China, Russia, and Saudi […]

The GCC is in Tech Transformation Mode

The GCC is in Tech Transformation Mode

The GCC is in Tech Transformation Mode From less traffic congestion on roads to connected healthcare systems, smart cities are moving to revolutionize the way the region functions The GCC region has been witnessing transformation on an unprecedented scale in the last few years, with economic challenges and technological progress having a combined effect on […]

UAE to “Shun” Qatar

UAE to “Shun” Qatar

UAE to “Shun” Qatar The conflict in the GCC with Qatar appears to show no signs of easing, with the UAE’s Minister of State for Foreign Affairs Dr Anwar Gargash suggesting that it was ‘time to move on’. In a series of tweets on Wednesday, Dr. Gargash accused Qatar of being a “conservative Gulf Monarchy” […]

Russia and China Setting Up to Transact Energy Business in Gold

Russia and China Setting Up to Transact Energy Business in Gold

Russia and China Setting Up to Transact Energy Business in Gold $GLD, $OIL, $USD, $CNY Russia’s largest bank, state-owned Sberbank, announced that its Swiss subsidiary had begun trading in Gold on the Shanghai Gold Exchange. Russian officials have signaled that they plan to conduct transactions with China using Gold as a means of marginalizing the […]

Saudi King Lauds President Trump on Crushing ISIS in Mosul

Saudi King Lauds President Trump on Crushing ISIS in Mosul

Saudi King Lauds President Trump on Crushing ISIS in Mosul Friday, the Trump White House that Saudi King Salman bin Abdulaziz Al Saud congratulated US President Donald Trump for the victory over the Islamic State in Mosul. “King Salman congratulated President Trump on the victory over ISIS in Mosul,” the administration said in a readout […]

Qatar: Stocks on the Nation’s Exchange Drops, Arab Deadline Looms

Qatar: Stocks on the Nation’s Exchange Drops, Arab Deadline Looms

Qatar: Stocks on the Nation’s Exchange Drops, Arab Deadline Looms Qatar is accused by it neighbors of supporting terrorism and destabilizing the Gulf region, while at the same time hosting the regions largest US Military base. Issues on Qatar’s stock exchange have dropped following an extended Holiday closure as the small Crude Oil and Nat […]

The Qatar Crisis: Signs of Weakness

The Qatar Crisis: Signs of Weakness

The Qatar Crisis: Signs of Weakness The decision by some Persian Gulf and Arab nations to cut diplomatic ties with Qatar is indicative of the deep crisis brewing in the region over the lack of real Sunni leadership. This situation could represent an opportunity for Israel if it treads lightly. The decision by Saudi Arabia, […]

UAE Bans All Expression of Sympathy Towards Qatar

UAE Bans All Expression of Sympathy Towards Qatar

UAE Bans All Expression of Sympathy Towards Qatar Abu Dhabi Petroleum Ports Authority has re-imposed a ban on Oil tankers linked to Qatar Bahrain demands that Qatar distance itself from Iran Saudi and its allies add people, groups with Qatar links to terrorism lists Qatar vows no surrender in Gulf crisis as US, Kuwait seek […]

GCC Rift Could Escalate into a ‘Military Standoff’ – Sultan Al Qassemi

GCC Rift Could Escalate into a ‘Military Standoff’ – Sultan Al Qassemi

GCC Rift Could Escalate into a ‘Military Standoff’ – Sultan Al Qassemi Saudi Arabia, the UAE and Bahrain have completely cut ties with Qatar UAE closes its airspace to planes from Doha, blocks Qatari websites The website of Qatar Airways has now been blocked in the UAE The rift between the GCC states has intensified […]

President Donald Trump is the Antithesis of Barack Hussein Obama

President Donald Trump is the Antithesis of Barack Hussein Obama

President Donald Trump is the Antithesis of Barack Hussein Obama US President Donald Trump comes from a business world of profit and loss. He practices a presidential style which sees the world in terms of Good and Evil, Black and White. As far as the Levant and Middle East is concerned, President Trump wants economic […]

President Trump Repairing Hussein Obama’s Damage to Our Republic

President Trump Repairing Hussein Obama’s Damage to Our Republic

President Trump Repairing Hussein Obama’s Damage to Our Republic President Donald Trump’s speech in Saudi Arabia was heartening to our partners in the Middle East, it is the beginning of what needs to happen. President Trump eclipsed of former President Barack Hussein Obama’s ill-fated lecturing speech in Y 2009 when he thought “tip-toeing” was what […]

Iran’s Election Signals Reset with the Rest of the World

Iran’s Election Signals Reset with the Rest of the World

Iran’s Election Signals Reset with the Rest of the World Sunday, a senior United Arab Emirates (UAE) official said the re-election of moderate Iranian President Hassan Rouhani could be a chance for Tehran to reset “its troubled relations” with its neighbors and the world. Relations between Gulf Arab states (GCC), including the UAE, have been […]

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 […]

President Trump to Middle East Fulfilling Campaign Promises

President Trump to Middle East Fulfilling Campaign Promises

President Trump to Middle East Fulfilling Campaign Promises President Trump is winging it to the Mideast on AF-1, his 1st trip abroad as Commander in Chief with talking heads and pundits speculating about his foreign policy plans. Donald Trump has demonstrated his intention to deliver on his campaign promises. As a candidate, he made 2 […]

Dubai is Becoming a World Class Retail Capital

Dubai is Becoming a World Class Retail Capital

Dubai is Becoming a World Class Retail Capital High-profile investments and the introduction of “Vogue” Arabia are just the beginning When Condé Nast International announced last July that it was set to launch Vogue Arabia, the news took off. The magazine, created in partnership with Dubai-based media company Nervora, marks one of the publisher’s earliest […]

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 […]