“There Are Many Options Short of War With Iran After Attack on Saudi Arabia”

“There Are Many Options Short of War With Iran After Attack on Saudi Arabia”

$OIL Wednesday, President Trump said Wednesday there were many options short of war with Iran after US ally Saudi Arabia displayed remnants of drones and missiles it said were used in a crippling attack on its oil sites that was “unquestionably sponsored” by Tehran. “There are many options. There’s the ultimate option and there are […]

What Will the Attack on Saudi Crude Oil Facilities Mean for Consumers?

What Will the Attack on Saudi Crude Oil Facilities Mean for Consumers?

$DIA, $SPY, $QQQ, $RUTX, $OIL, $USO, $VXX Wall Street closed lower, Crude Oil prices spiked after attack in Saudi Arabia The attack knocked about 5.7-M BPD out of production, leading to the biggest 1-day gainer in WTI Crude Oil ($62.88/bbl, +$8.00, +14.6%) since Y 2008. Saudi Arabia expected to restore about 33% of lost production […]

Dubai Tops World in Tourist Spending Again

Dubai Tops World in Tourist Spending Again

$MA Dubai leads Mastercard’s index that measures per person per day spending New statistics released from Mastercard (NYSE:MA) reveal visitors on average spend more per day in Dubai than anywhere else. The data from Mastercard’s Global Destination Cities Index (GDCI) shows visitors spent an average of $553 per person per day in the emirate, far […]

F1: Saudi Arabia Could Host Formula One Racing by 2021

F1: Saudi Arabia Could Host Formula One Racing by 2021

$FWONK, $RACE The Middle East already hosts 2 F1 races, at Sakhir in Bahrain and Abu Dhabi’s Yas Marina Saudi Arabia and Formula One (NASDAQ:FWONK) are discussing the possibility of holding a race in the country, and team bosses have been asked for an opinion. It has been reported that F1 and the 10 teams […]

President Trump Wants Cheap Oil

President Trump Wants Cheap Oil

$USO, $OIL Saudi Arabia needs Crude Oil prices to be higher than what President Trump wants, as the Kingdom increases spending to bolster economic growth. International Monetary Fund (IMF) data released Monday show the world’s biggest Crude Oil exporter needs prices at about $85 bbl to balance its budget this year, up from a forecast […]

Weaker USD Would Help US Workers

Weaker USD Would Help US Workers

$USD, $GLD, $SLV Experts are in a debate on just how does the average American benefit from the USD’s reserve currency status, and would the Buck’s fall from grace have a negative, or positive, impact on the livelihood of the average American worker Economist Steve Keen recently declared that average investors are over-inflating the risks […]

The Roads of Arabia: Archaeological Treasures on Display at Louvre Abu Dhabi

The Roads of Arabia: Archaeological Treasures on Display at  Louvre Abu Dhabi

The Roads of Arabia: Archaeological treasures of Saudi Arabia will be on display until 16 February. The exhibition was initially conceived in Y 2010 jointly by the Saudi Commission for Tourism and National Cultural Heritage (SCTH) and the Musée du Louvre in Paris, where it was first exhibited. After its Paris debut, the exhibition traveled […]

Turkey’s Erdogan says, “Not aiming to harm Saudi Royals in Khashoggi affair”

Turkey’s Erdogan says, “Not aiming to harm Saudi Royals in Khashoggi affair”

Turkey’s Erdogan says, “Not aiming to harm Saudi Royals in Khashoggi affair” Saturday, President Tayyip Erdogan said that Turkey’s insistence on finding the truth behind the recent assassination of dissident Jamal Khashoggi was not aimed at damaging the Saudi Royal Family. Speaking to reporters at the G20 Summit in Buenos Aires, Erdogan said that solving […]

No Intelligence Directly Links Saudi Crown Prince to Khashoggi’s Assassination 

No Intelligence Directly Links Saudi Crown Prince to Khashoggi’s Assassination 

No Intelligence Directly Links Saudi Crown Prince to Khashoggi’s Assassination Saturday, US Secretary of State Mike Pompeo said he has seen all the intelligence possessed by the United States on the assassination of Saudi dissident Jamal Khashoggi and repeated that no direct evidence links Saudi Crown Prince Mohammed bin Salman to the incident. “I have read […]

US-Saudi Arabia Alliance is Vital

US-Saudi Arabia Alliance is Vital

US-Saudi Arabia Alliance is Vital Secretary of State Mike Pompeo said a U.S. partnership with Saudi Arabia is vital – despite the murder of journalist Jamal Khashoggi. Secretary Pompeo made his comments in a column posted Tuesday night in the WS-J. “The Trump Administration’s effort to rebuild the US-Saudi Arabia partnership is not popular in the […]

President Trump Thanks Saudis for Keeping Crude Oil Prices Low

President Trump Thanks Saudis for Keeping Crude Oil Prices Low

President Trump Thanks Saudis for Keeping Crude Oil Prices Low $OIL, $USO, $UNG, $UGA US President Donald Trump sent out a Tweet thanking Saudi Arabia for lower worldwide Crude Oil prices Wednesday after receiving widespread criticism for his declaration that Saudi Crown Prince Mohammed bin Salman aka MbS would not be punished even if he did order […]

President Trump, “Oil prices getting lower. Great!”

President Trump, “Oil prices getting lower. Great!”

President Trump, “Oil prices getting lower. Great!” $USO, $OIL Wednesday, President Donald Trump Tweeted thanking Saudi Arabia for lower worldwide Crude Oil prices. “Oil prices getting lower. Great!” President Trump wrote. “Like a big Tax Cut for America and the World. Enjoy! $54, was just $82. Thank you to Saudi Arabia, but let’s go lower!” The Tweet […]

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 […]

Saudi Crown Prince to US President Trump, “We have replaced all Iran’s lost Oil”

Saudi Crown Prince to US President Trump, “We have replaced all Iran’s lost Oil”

Saudi Crown Prince to US President Trump, “We have replaced all Iran’s lost Oil” $OIL, $USO, $UGA Saudi Arabia’s Crown Prince said that the Kingdom is fulfilling promises to make up for Iranian Crude Oil supplies lost to American sanctions. “The request that America made to Saudi Arabia and other OPEC countries is to be […]

Saudi Wealth Fund to Invest $1-B in Tesla’s Rival Lucid

Saudi Wealth Fund to Invest $1-B in Tesla’s Rival Lucid

Saudi Wealth Fund to Invest $1-B in Tesla’s Rival Lucid $TSLA Saudi Arabia’s PIF (sovereign wealth fund) signed an agreement to invest more than $1-B in aspiring US electric-car maker Lucid Motors Inc., a private company, months after building a stake in rival Tesla (NASDAQ:TSLA). The deal would give Lucid the funding to take it […]

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 […]

Tesla’s (NASDAQ:TSLA) Suppliers See Bankruptcy Ahead

Tesla’s (NASDAQ:TSLA) Suppliers See Bankruptcy Ahead

Tesla’s (NASDAQ:TSLA) Suppliers See Bankruptcy Ahead $TSLA Many of the Top executives at auto suppliers surveyed by an industry association said they were worried about Tesla (NASDAQ:TSLA) filing for bankruptcy in the near future, and see Tesla as a financial risk to their companies. “We are definitely not going bankrupt,” Tesla CEO Elon Musk told the WS-J […]

Saudi’s PIF in Talks to Invest in Tesla Rival, Lucid

Saudi’s PIF in Talks to Invest in Tesla Rival, Lucid

Saudi’s PIF in Talks to Invest in Tesla Rival, Lucid $TSLA, $SFTBY, $ORCL Tesla’s (NASDAQ:TSLA) CEO Elon Musk, 47 anni, once said PIF could help him fund the ‘420’ $72-B deal to take his fledgling EV maker private. PIF, the Saudi Arabian sovereign wealth fund is in late stage talks to invest in Tesla rival […]

Musk Under Stress, Sent Out His ‘420’ Tweet While Driving

Musk Under Stress, Sent Out His ‘420’ Tweet While Driving

Musk Under Stress, Sent Out His ‘420’ Tweet While Driving on 7 August The going-private  ‘420’ Tweet has set off a firestorm, causing Tesla’s stock spike $TSLA Tesla’s (NASDAQ:TSLA) CEO Elon Musk said no one saw or reviewed his ‘420’ Tweet about the plan to take Tesla  private before he posted it according to the […]

Fighting Terrorism in Yemen

Fighting Terrorism in Yemen

Dr. Anwar bin Mohammed Gargash, Minister of State for Foreign Affairs, stated that the UAE, as part of the Arab Coalition, led by Saudi Arabia, is committed to combatting terrorism and confronting and destroying Al Qaeda in Yemen. He also pointed out that their operations in Yemen include facing the Houthis militia and confronting the […]

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 […]

Tesla (NASDAQ:TSLA) CEO Musk Struggling for Clarity in ‘420’ Surprise

Tesla (NASDAQ:TSLA) CEO Musk Struggling for Clarity in ‘420’ Surprise

Tesla (NASDAQ:TSLA) CEO Musk Struggling for Clarity in ‘420’ Surprise $TSLA Tesla Inc. (NASDAQ:TSLA)Chief Executive Elon Musk said Monday a 31 July  meeting with Saudi Arabia’s sovereign wealth fund convinced him he could secure funding to take the EV-maker private, but that he was still talking to the fund and other investors as he seeks […]

Saudi’s PIF Has No Interest in Banking Elon Musk in Tesla (NASDAQ:TSLA) Buyout

Saudi’s PIF Has No Interest in Banking Elon Musk in Tesla (NASDAQ:TSLA) Buyout

Saudi’s PIF Has No Interest in Banking Elon Musk in Tesla (NASDAQ:TSLA) Buyout $TSLA PIF’s reluctance will add to the pressure on CEO Musk to produce details of his financing plan. Saudi Arabia’s Public Investment Fund (PIF) has shown no interest so far in financing Tesla Inc (NASDAQ:TSLA) CEO Elon Musk’s proposed ‘420’ $72-B deal […]

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 […]

Saudi Arabia ‘Freezes Out’ Canada on Trade, Recalls Ambassador

Saudi Arabia ‘Freezes Out’ Canada on Trade, Recalls Ambassador

Saudi Arabia ‘Freezes Out’ Canada on Trade, Recalls Ambassador Saudi Arabia suspends new trade and investment with Canada after that country’s foreign ministry urged Riyadh to release arrested civil rights activists, it said in a statement released to the official Saudi Press Agency Sunday. It also gave Canada’s Ambassador 24 hours to leave the country […]

President Trump ‘forging’ an Arab NATO to Confront Iran

President Trump ‘forging’ an Arab NATO to Confront Iran

President Trump ‘forging’ an Arab NATO to Confront Iran The Trump Administration is quietly pushing ahead with a bid to create a new security and political alliance with 6 Gulf Arab states, Egypt and Jordan, in part to counter Iran’s expansion in the region, according to US and Arab officials. The White House wants to […]

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 […]

US Considering Crude Oil Waiver on Iran Sanctions for 1 Country

US Considering Crude Oil Waiver on Iran Sanctions for 1 Country

US Considering Crude Oil Waiver on Iran Sanctions for 1 Country $OIL, $USO The Trump Administration is pushing countries to cut all imports of Iranian Crude Oil from November on. The US wants to avoid disrupting global Crude Oil markets as it reimposes sanctions against Tehran and in certain cases will consider waivers for countries […]

The US Will Soon Be the World’s #1 Crude Oil Producer

The US Will Soon Be the World’s #1 Crude Oil Producer

The US Will Soon Be the World’s #1 Crude Oil Producer $USO The EIA sees Crude Oil production climbing next year even with transportation bottlenecks in the country’s most prolific tight (shale) oil play. The Energy Information Administration (EIA) sees US Crude Oil output averaging 11.8-M BPD in Y 2019, up from its 11.76-M BPD […]

President Trump, Calls on Saudi Arabia to Increase Crude Oil Production

President Trump, Calls on Saudi Arabia to Increase Crude Oil Production

President Trump, Calls on Saudi Arabia to Increase Crude Oil Production $USO, $OIL “The price is too high, the King agreed.” President Donald Trump said this weekend  that he had received assurances from King Salman of Saudi Arabia that the Kingdom will increase oil production, “maybe up to 2,000,000 barrels” in response to turmoil in […]

F1: Most People Did Not See This History Made at the French Grand Prix

F1: Most People Did Not See This History Made at the French Grand Prix

F1: Most People Did Not See This History Made at the French Grand Prix $RACE Saudi Arabia’s Aseel Al Hamad drove a F1 car in France  last Sunday marking the end of the driving ban on women in her country. In a historic move, Saudi Arabia week lifted the ban on women driving in the […]

Saudi Added to MSCI Emerging Markets Index, Huge Cash Inflows Seen 

Saudi Added to MSCI Emerging Markets Index, Huge Cash Inflows Seen 

Saudi Added to MSCI Emerging Markets Index, Huge Cash Inflows Seen MSCI said 32 major Saudi stocks will gain emerging market status Index provider MSCI confirmed that Saudi Arabia will be added to its emerging markets index from June 2019, in a move widely expected to help the Kingdom’s bourse attract greater investment. MSCI said […]

Oil Price the New Saudi-Iran Battle Grounds

Oil Price the New Saudi-Iran Battle Grounds

Oil Price the New Saudi-Iran Battle Grounds Saudi Arabia insisted Wednesday it would do “whatever is needed” to avoid oil supply shortages, setting the stage for a showdown with archfoe Iran ahead of crunch OPEC talks on easing a production-cut pact. “We will do whatever is needed to maintain market stability and ensure that there […]

President Trump, “Oil prices are too high OPEC”

President Trump, “Oil prices are too high OPEC”

President Trump, “Oil prices are too high OPEC” $USO, $OIL Wednesday, US President Donald Trump and Iran exchanged sharp words over Crude Oil prices. President Trump blames OPEC for high Crude Oil prices and Tehran accusing him of stoking volatility after he withdrew last month from a global nuclear arms deal with Iran. Crude Oil […]

President Trump’s Tweet Set Stage for Expanding OPEC and non-OPEC Crude Oil Production

President Trump’s Tweet Set Stage for Expanding OPEC and non-OPEC Crude Oil Production

President Trump’s Tweet Set Stage for Expanding OPEC and non-OPEC Crude Oil Production $OIL, $USO Saudi Arabia’s signal to ease limits on Crude Oil production led to prices falling Friday after a 3-week rally, and OPEC cited an angry Tweet by President Donald Trump as the trigger. Saudi Arabia’s Minister of Energy Khalid al-Falih Tweeted: “I reiterated […]

Dubai Getting Ahead of “the Cryptocurrency Game”

Dubai Getting Ahead of “the Cryptocurrency Game”

Dubai Getting Ahead of “the Cryptocurrency Game” $BTC, $ETH, $CME, $CBOT The Big Qs are: How seriously should we take the rise of cryptocurrency? Is it a serious rival to traditional currency? Should businesses consider using cryptocurrency? What do they need to do to implement it? Is enough being done to educate individuals and businesses […]

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 King Establishes Anti-corruption Prosecution Units

Saudi King Establishes Anti-corruption Prosecution Units

Saudi King Establishes Anti-corruption Prosecution Units Saudi Arabia’s King Salman has established special anti-corruption units of prosecutors to pursue embezzlement cases in the Kingdom after a recent crackdown. King Salman’s decision was announced Sunday in a report on the state-run Saudi Press Agency. The report said the King’s decision came from “his concern over combating […]

Shares of Kingdom Holdings Spike After Prince Al-Waleed’s Release

Shares of Kingdom Holdings Spike After Prince Al-Waleed’s Release

Shares of Kingdom Holdings Spike After Prince Al-Waleed’s Release $AAPL, $TWTR Shares in Saudi billionaire Prince Al-Waleed bin Talal’s Kingdom Holding spiked Sunday after he was released following 3 months of detention during a corruption probe The share price of the company, 95% owned by Prince Al-Waleed, rose the maximum allowed 10% at the start […]

Saudi Arabia’s Prince Al-Waleed bin Talal Released Saturday

Saudi Arabia’s Prince Al-Waleed bin Talal Released Saturday

Saudi Arabia’s Prince Al-Waleed bin Talal Released Saturday Saudi billionaire Prince Al-Waleed bin Talal, 64 anni, was released Saturday after nearly 3 months in detention following a “settlement” with authorities, as a sweeping anti-corruption campaign targeting the Kingdom’s elite winds down. Prince Al-Waleed was the most high-profile detainee among 350 suspects rounded up since November […]

Saudi Prince Alwaleed bin Talal in Late Stage Settlement Talks

Saudi Prince Alwaleed bin Talal in Late Stage Settlement Talks

Saudi Prince Alwaleed bin Talal in Late Stage Settlement Talks Saudi Arabian billionaire Prince Alwaleed bin Talal, detained in the Kingdom’s sweeping crackdown on corruption, said Saturday that he expected to be cleared of any wrongdoing and be released from custody within days. Prince Alwaleed was speaking in an exclusive interview with Reuters at his […]

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’s Prince Alwaleed Now in ‘Harsh’ Prison on Corruption Charges

Saudi’s Prince Alwaleed Now in ‘Harsh’ Prison on Corruption Charges

Saudi’s Prince Alwaleed Now in ‘Harsh’ Prison on Corruption Charges Saudi Arabia’s most famous billionaire, Alwaleed bin Talal, 62 anni, was recently taken to a high-security ‘harsh’ prison, and has been tortured at the Al-Ha’ir Prison, which is said to house numerous al-Qaeda terror suspects. Prince Alwaleed has refused to disgorge $6-B of his $17-B fortune and refuses […]

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 […]

More Saudi Royals Released From Detention, Huge Fines Paid

More Saudi Royals Released From Detention, Huge Fines Paid

More Saudi Royals Released From Detention, Huge Fines Paid Two sons of Saudi Arabia’s late King Abdullah have been released from detention at Riyadh’s Ritz-Carlton hotel, just days after 23 other detainees in the Kingdom’s 2-month-old anti-corruption campaign were also freed. Saudi Arabia’s Attorney General approved the release of Prince Meshaal bin Abdullah and Prince […]

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 […]

Saudi Stock Exchange Upgrades Systems

Saudi Stock Exchange Upgrades Systems

Saudi Stock Exchange Upgrades Systems The upgrade will enable market members to provide new categories of securities and services to investors The Saudi Stock Exchange (Tadawul) has announced an agreement with Nasdaq to develop new clearing and settlements systems. The deal will see the current Tadawul registration, filing and settlement system replaced by a central […]

Saudi Travel Agencies Now Issuing Tourist Visas

Saudi Travel Agencies Now Issuing Tourist Visas

Saudi Travel Agencies Now Issuing Tourist Visas Travel to the Kingdom was previously restricted to pilgrims, businessmen and family members of residents. Saudi Arabia’s Commission for Tourism and National Heritage (SCTH) has reportedly issued the first licence allowing travel agencies to issue tourist visas. The move follows the restructuring of the travel and tourism sector […]

World’s Most Expensive Painting to be Displayed at Louvre Abu Dhabi

World’s Most Expensive Painting to be Displayed at Louvre Abu Dhabi

World’s Most Expensive Painting to be Displayed at Louvre Abu Dhabi The Christ by the Renaissance master smashed artwork auction records last month  The world’s most expensive painting Leonardo da Vinci’s Salvator Mundi is to be displayed at the newly opened Louvre Abu Dhabi, the museum announced on Wednesday. In a Tweet the Louvre confirmed […]

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 […]

In The Middle East President Trump Has Made ‘America Great Again’

In The Middle East President Trump Has Made ‘America Great Again’

Arab States Take President Trump Very Seriously This could not have happened if Donald Trump was not in The Oval Office The Big Q: Why is this so avidly overlooked by the liberal and leftist media? As an Arab and a Muslim, I could authoritatively confirm Arab states are now taking the US very seriously. This […]

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 […]

Geopolitics Changed, American Energy Sector in a ‘Revolution’

Geopolitics Changed, American Energy Sector in a ‘Revolution’

Geopolitics Changed, American Energy Sector in a ‘Revolution’ $USO, $OIL, $UGAZ, $UGA US Energy Secretary Rick Perry said that “American energy is in a Revolution.” “That is the real story out there,” Secretary Perry, the former 14-yr Texas Republican Governor, said in an interview Friday. He noted that innovations in hydraulic fracturing and directional drilling […]

Saudi’s Crown Prince Promises to Abandon Extreme Brand of Islam

Saudi’s Crown Prince Promises to Abandon Extreme Brand of Islam

Saudi’s Crown Prince Promises to Abandon Extreme Brand of Islam Tuesday, the powerful Crown Prince of Saudi Arabia promised to abandon the Kingdom’s extreme brand of Islam that has inspired terrorists around the world in a fundamental religious shakeup in the historic cradle of the Muslim world. “We are returning to what we were before, […]

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 […]

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 […]

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’s Accelerate Economic Reforms, Aramco IPO on Track

Saudi’s Accelerate Economic Reforms, Aramco IPO on Track

Saudi’s Accelerate Economic Reforms, Aramco IPO on Track Saudi Arabia’s government says that it is accelerating its economic reforms, while revising some of them to give ministries more flexibility in meeting their targets. The Vision 2030 reform program, launched by Crown Prince Mohammed bin Salman last year, aims to free the economy from dependence 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 […]

Top 10 Countries with the Cheapest and Most Expensive Gasoline Prices

Top 10 Countries with the Cheapest and Most Expensive Gasoline Prices

Top 10 Countries with the Cheapest and Most Expensive Gasoline Prices The price of Crude Oil has remain volatile in recent months, even as the supply glut continues amidst stagnating demand. Although the Organisation of Petroleum Exporting Countries (OPEC) along with other major Crude Oil producers agreed to maintain output cuts until early next year, […]

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 […]

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 […]

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 […]