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In today's big story, we're looking at how Saudi Arabia is courting Chinese investors for help with its massive, futuristic city facing financial issues. NeomSaudi Arabia's dreams of a futuristic city are turning into a financial nightmare, and one of its solutions could spell trouble for the US. Since 2017, the Kingdom has touted big plans for the desert megacity Neom . AdvertisementThe city plans to heavily use renewable energy, a key area of focus for China as it digs itself out of its economic hole . But a soft real estate market and a trail of angry business partners and customers are threatening to thwart his big plans .
Persons: , Prince Mohammed bin Salman's, Neom's, hasn't, Tom Porter, Prince, Aaron Weiner's, Weiner, Justin Sullivan, it's, they'd, Tyler Le, Giovanna Ventola, Michael Shvo, Shvo, Tesla, Jose Uribe, Sen, Bob Menendez, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Annie Smith, Amanda Yen Organizations: Service, UEFA, Business, Neom, US, International Monetary Fund, Bank of America, Apple, Apple Intelligence, OpenAI, Amazon, Bonnaroo Music, Arts Festival, Post Malone Locations: Saudi Arabia, Neom, Saudi, Kingdom, China, Gaza, New York, London
Kushner started Affinity in 2021, shortly after leaving his advisory role in the White House alongside his wife, Ivanka Trump. Neumann, who was ultimately ousted from WeWork by top SoftBank execs, introduced Kushner to Unybrands early the following year. Affinity's investment in Unybrands, which hasn't previously been reported, was one of the private equity firm's earliest deals. Following a continued slide, the company laid off roughly 10% of its staff in November 2022, according to people familiar with the matter. The House Oversight Committee launched an investigation into the investment in 2022, looking into whether Kushner's financial interests influenced Trump's foreign policy.
Persons: Jared Kushner, Alex Brandon, Kushner, Weeks, Ivanka Trump, Trump, Saudi Crown Prince Mohammed bin Salman, Jamal Khashoggi, WeWork, Adam Neumann, Neumann, Unybrands, hasn't, , Catterton, Jason Somerville, Somerville, it's, didn't, headcount, Donald Trump, Gary Cohn, Crown Prince, Mohammed bin Salman, Jonathan Ernst, Crown Prince Mohammed bin Salman, Carolyn Maloney, Ron Wyden, Kushner didn't, Ulrich Kratz, Goldman Sachs, Kratz, Kushner's, Ian Brekke, Asad Naqvi, Bret Pearlman, Roger McNamee, Max Fink, Neumann's, Brekke, Naqvi, Pearlman, Fink, Shahar Azran, Eugen Miropolski, Robyn Laguette, Mark Goldfinger, Joe Biden, Lex, Jeff Bezos, Sam Altman, Ye, I've Organizations: U.S . Capitol, Capitol, Reuters, Affinity Partners, Companies, White House, Affinity, Saudi Crown, Unybrands, WeWork, CNBC, Amazon, BlackRock, Khosla Ventures, GW Partners, Saudi Arabia's Public Investment Fund, United Arab, Saudi Arabia's, Crown, Ritz Carlton Hotel, Saudi, Republicans, Crayhill Capital Management, Barclays, Goldman, Kushner, Investments II, Blackstone, Partners, Financial Services, CNBC it's, Israeli American Council, IAC, Getty, Kanye Locations: Washington, Amazon's, South Florida, Miami, Silicon Valley, Saudi, Saudi Arabia, Unybrands, United Arab Emirates, Qatar, Riyadh, Yemen, American, Austin , Texas, Gulf, Israel
Read previewAt a recent exhibition in Hong Kong, Saudi Arabia showcased its futuristic vision for its planned Neom megacity. It was part of Saudi Arabia's drive to secure billions in new investment for the project, which is the centerpiece of Saudi ruler Mohammed bin Salman's Vision 2030 strategy. China sees Saudi Arabia as not just a business opportunity but a way of undercutting the influence of its longtime Saudi ally, the US. AdvertisementIn April, Saudi Arabia's Public Investment Fund-subsidiary Alat signed a deal with Dahua Technology, one of China's most important surveillance technology firms. "The main risk today to Saudi Arabia's tech cooperation with China is the growing China-US tech war.
Persons: , Mohammed bin Salman's, Xi Jinping, Mohammed bin Salman Al Saud, Yue Yuewei, Leonard Chan, Robert Mogielnicki, Abdullah Al, Crown Prince Mohammed, Alat, GREG BAKER, Camille Lons, Neom that's, Saudi Arabian Crown Prince Mohammed bin Salman, Saudi Arabia's, Biden Organizations: Service, Business, Saudi, Saudi Crown Prince, Getty, Hong Kong Innovative Technology Development Association, Gulf States Institute, Crown, Public Investment Fund, Dahua Technology, US, European Council, Foreign Relations, Saudi Arabian Crown, New York Times Locations: Hong Kong, Saudi Arabia, Saudi, Riyadh, Xinhua, China, Washington, Neom, Riyadh Tower, Beijing, Israel
CNBC Daily Open: Far-right makes gains in EU elections
  + stars: | 2024-06-10 | by ( Abid Ali | ) www.cnbc.com   time to read: +4 min
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Populist, far-right parties also won record support in this year's European Parliament elections, exit polls indicated late on Sunday. No way, MuskNorway's $1.7 trillion sovereign wealth fund, Tesla's eighth-largest shareholder, will vote against Elon Musk's $56 billion pay package. Despite a recent 2% drop in Aramco's stock and pressures on global oil prices, the offering attracted strong international demand.
Persons: Emmanuel Macron, Pen, CNBC's Karen Gilchrist, Dow, Stocks, Musk, Kitty's, Keith Gill, Gill, Prince Mohammed bin, Aramco's, Morgan Stanley, there's Organizations: CNBC, Populist, Nasdaq, Dow Jones, Treasury, Elon Musk's, GameStop, Saudi, Nvidia Locations: Europe, freefall, Saudi Arabia, Aramco, Saudi
Saudi Aramco logo and stock graph are seen through a magnifier displayed in this illustration taken September 4, 2022. Shares of Saudi Arabia's Aramco rose on Sunday following a stock sale that's set to raise the state oil company around $11.2 billion. Shares were trading around 28.25 Saudi riyals ($7.53) on the Tadāwul Saudi stock exchange at 11:30 a.m. local time (4:30 a.m. ET), above the stock sale offer price of 27.25 Saudi riyals. Citing sources, Reuters reported that demand for the offering topped $65 billion, and Aramco placed over half of the sale with foreign investors.
Persons: Prince Mohammed bin Salman's, , Ruxandra Iordache Organizations: Saudi Aramco, Saudi, Aramco, Reuters, CNBC, U.S . Federal Locations: Saudi, Saudi Arabia, Neom
Aramco will offer 1.545 billion shares in a price range between 26.70 and 29 Saudi riyals per share, according to a company filing. At the midpoint of that range, the sale would total nearly $11.5 billion. The sale represents a follow-on offering, after Aramco initially entered the public markets in 2019 and raised $29.4 billion in the world's largest ever initial public offering. Aramco lifted its base dividend for the fourth quarter to $20.3 billion, and boosted its performance-linked dividend to $10.8 billion. Saudi Arabia owns more than 82% of Aramco prior to the sale, the Wall Street Journal has reported.
Persons: Abdulaziz bin Salman, Prince Mohammed bin Salman, — CNBC's Spencer Kimball Organizations: Aramco, Plaza Conference, Saudi, Saudi Energy, Chevron, ExxonMobil, giga, Wall Street Locations: Dhahran, Saudi Arabia, Saudi Arabia's, Aramco, Riyadh, Saudi, Neom
Read previewSaudi Arabia looks set for a multibillion-dollar share sale in its state oil company, Saudi Aramco. AdvertisementThe government of Saudi Arabia remains the largest shareholder in Aramco, which is the world's largest oil company by market cap. AdvertisementThe kingdom has embarked on a number of "gigaprojects" as part of the 2030 plan, including its Neom megacity. But recent reports suggest Saudi Arabia has been seeking to borrow funds for the project, while also scaling back population estimates for The Line. In January, it said that its cash as of September had dropped to around $15 billion — the lowest level since December 2020, The Wall Street Journal reported.
Persons: , Prince Mohammed bin Salman's Organizations: Service, Reuters, Business, Aramco, Saudi Aramco, Saudi, Public Investment Fund, Bloomberg, Street Journal Locations: Saudi Arabia, Saudi Aramco, Aramco, Saudi
Read previewSaudi Arabia has grand plans for its Neom megaproject. The city is part of Saudi Crown Prince Mohammed bin Salman's Vision 2030 project , which plans to revolutionize the country's oil-dependent economy for a post-fossil fuel future. Swim lanes for commutersThe megacity is also considering including swim lanes for commuters, according to a Neom "style catalog" seen by Bloomberg. Neom planners are reportedly considering including canals with swimmable water, which would allow residents to swim to work or school. A robot and AI networkNeom has grand plans to be the most high-tech city in the world.
Persons: , It's, Prince Mohammed bin Salman's, Jan Paterson, Neom's, Neom, Nadhmi Al, Nasr, Wayne Borg, Paul Marshall Organizations: Service, Business, Planners, Bloomberg, Wired, BBC Locations: Saudi Arabia, Saudi, Neom, Aqaba, Treyam, Neom's
Oil storage drums stacked in the Keihin industrial area of Kawasaki, Kanagawa Prefecture, Japan, on Monday, April 15, 2024. Oil prices fell in early Asian trade on Tuesday, with investors anticipating higher-for-longer U.S. inflation and interest rates will depress consumer and industrial demand. "Fears of weaker demand led to selling as the prospect of Fed rate cut became more distant," said analyst Toshitaka Tazawa at Fujitomi Securities. Lower interest rates reduce borrowing costs, freeing up funds which could boost economic growth and demand for oil. OPEC+ could extend some voluntary output cuts if demand fails to pick up, people with knowledge of the matter previously told Reuters.
Persons: Toshitaka Tazawa, Philip Jefferson, Michael Barr, Raphael Bostic, Ebrahim Raisi, Ayatollah Ali Khamenei, Mohammed Bin Salman, Fujitomi's Tazawa Organizations: Brent, . West Texas, Federal, Fujitomi Securities, Atlanta Fed, Reuters, Saudi Arabia's Crown, Iranian, Investors, Organization of, Petroleum Locations: Kawasaki, Kanagawa Prefecture, Japan, Saudi, OPEC
Brent crude futures extended gains on Monday, inching up amid political uncertainty in major producing countries after Iran's president died in a helicopter crash and the Saudi crown prince cancelled a Japan trip, citing health issues with the king. Brent gained 10 cents, or 0.1%, to $84.08 a barrel by 0454GMT, after rising to $84.30 earlier, its highest since May 10. He added that WTI prices may rebound further toward $83.50 after rising above the 200-day moving average of $80.02. Despite the volatility in the region, oil prices moved only slightly. "Continuity in Saudi strategy is expected regardless of this health issue," he added.
Persons: Brent, Ebrahim Raisi, Saudi Arabian Crown Prince Mohammed bin Salman, King Salman, Yoshimasa Hayashi, Tony Sycamore, Sycamore, Warren Patterson, Patterson, Saul Kavonic, Prince Mohammed Bin Salman's Organizations: Brent, . West Texas, Saudi, Saudi Arabian Crown, Iranian, IG, ING, The, of, Petroleum, Petroleum Reserve Locations: Fort Stockton , Texas, Saudi, Japan, East Azerbaijan, Saudi Arabian, China, U.S, United States, Washington
Photo: Oliver Weiken/dpa (Photo by Oliver Weiken/picture alliance via Getty Images)Saudi King Salman will undergo treatment at Al Salam Palace in Jeddah for a lung inflammation, the state news agency said on Sunday, hours after he underwent medical tests. Citing the royal court, the state news agency said the 88-year-old king would be treated with antibiotics until the inflammation subsides. Earlier on Sunday, King Salman underwent medical tests at the royal clinics at Al Salam Palace due to "high temperature and joint pain", the Saudi state news agency said. King Salman, the custodian of Islam's holiest sites, became ruler of the world's top oil exporter in 2015 after spending more than 2-1/2 years as the crown prince and deputy premier. Saudi Arabia's embassy in Japan did not immediately respond to a request for comment about the crown prince's cancelled trip.
Persons: Abdel Fattah el, Saudi King Salman bin Abdulaziz Al Saud, Jean, Claude Juncker, Oliver Weiken, Saudi King Salman, King, Prince Mohammed bin Salman, Yoshimasa Hayashi, King Salman of, Prince Mohammed's, Hayashi, King Salman, Jake Sullivan, Emperor Naruhito, Fumio Kishida Organizations: Arab League, European Union, of Arab, Getty Images, Al Salam, Saudi, Al, U.S . National Locations: Egypt, Sharm El, Saudi King, Sharm, Saudi, Jeddah, Japan, Saudi Arabia, King Salman of Saudi Arabia, Tokyo, Washington, Riyadh, Saudi Arabia's
The United States has repeatedly called on Israel not to launch a full-scale invasion of Rafah, the southernmost city in Gaza. Earlier this month, President Biden said in an interview with CNN that the United States would not supply weapons for a major Israeli offensive in Rafah. Hamas said its fighters had fired on Israeli troops in eastern Rafah and close to the Rafah border crossing with Egypt. In the interim, tensions between the United States and Israel over the Rafah invasion and Israel’s conduct of the war have escalated. Mr. Sullivan is expected to try to advance the deal in his meeting with the Israeli leader.
Persons: Jake Sullivan, Benjamin Netanyahu, John Kirby, Sullivan, Netanyahu, Elizabeth Frantz, Biden, Lloyd Austin, Antony J, Blinken, Crown Prince Mohammed bin Salman, Prince Mohammed, Vivian Nereim Organizations: U.S, Sunday, United, White House, Washington . Credit, Reuters, CNN, Crown, Saudi Press Agency Locations: United States, Israel, Rafah, Gaza, Washington ., Egypt, Qatar, Saudi Arabia, Palestinian, U.S, Saudi
Israel-Hamas War in Gaza: Latest Updates
  + stars: | 2024-05-19 | by ( Matt Surman | ) www.nytimes.com   time to read: +3 min
The United States has repeatedly called on Israel not to launch a full-scale invasion of Rafah, the southernmost city in Gaza. Credit... Elizabeth Frantz/Reuters Mr. Sullivan is expected to stress the need for a targeted approach to fighting Hamas in Gaza and to emphasize American opposition to a full-scale attack on Rafah. Mr. Sullivan traveled to Saudi Arabia on Saturday, a visit that had been slated for April originally but was delayed after the U.S. official cracked a rib. In the interim, tensions between the United States and Israel over the Rafah invasion and Israel’s conduct of the war have escalated. Mr. Sullivan is expected to try to advance the deal in his meeting with the Israeli leader.
Persons: Jake Sullivan, Benjamin Netanyahu, John Kirby, Sullivan, Netanyahu, Elizabeth Frantz, Biden, Lloyd Austin, Antony J, Blinken, Crown Prince Mohammed bin Salman Organizations: U.S, Sunday, United, White House, Washington . Credit, Reuters, CNN, Senate, Crown Locations: United States, Israel, Rafah, Gaza, Washington ., Egypt, Qatar, Saudi Arabia, Palestinian, U.S, Saudi
Two years into President Biden’s term, his aides began negotiating with Saudi leaders to have the kingdom establish diplomatic relations with Israel. But when the Israel-Hamas war began last October, the talks withered. American and Saudi officials have tried to revive prospects for a deal by demanding more from Israel — a cease-fire in Gaza and irreversible steps toward the founding of a Palestinian nation. Now those officials say they are close to a final agreement on the main elements of what the Saudis want from the deal: a U.S.-Saudi mutual defense pact and cooperation on a civilian nuclear program in the kingdom. And Jake Sullivan, the White House national security adviser, is expected to follow up when he goes to Saudi Arabia and Israel this weekend.
Persons: Biden’s, Israel —, Antony J, Blinken, Prince Mohammed bin Salman, Jake Sullivan Organizations: Saudi, Hamas, State Department, White House Locations: Israel, Gaza, Palestinian, U.S, Saudi, Riyadh, Saudi Arabia
Saudi Arabia's Crown Prince is reportedly open to having "tough conversations" about Vision 2030. MBS might be ready to discuss which projects should proceed first, the Financial Times reported. AdvertisementCrown Prince Mohammed bin Salman may finally be ready to have some "tough conversations" about his ambitious Vision 2030 project. The de-facto Saudi leader is open to discussing which projects should progress and which could wait, the Financial Times reported, citing a person familiar with the thinking at the Public Investment Fund — the sovereign wealth fund. Meanwhile, Saudi has started borrowing to help fund some Vision 2030 megaprojects including Neom, The Wall Street Journal reported.
Persons: Prince, , Mohammed bin Salman Organizations: Saudi, MBS, Financial Times, Service, Public Investment Fund —, Bloomberg, Street Journal, Neom, Business Locations: Saudi
Saudi Arabia's sprawling megacity, Neom, is billed as a chance to live in the "new future." AdvertisementOfficials say Neom will be a "cognitive city." The chosen candidate will control and operate the fish laboratory, ensuring high standards of fish welfare and supporting surveillance and investigation activities into fish health and disease control. Developers have said they want the island resort Sindalah to act as an "exclusive gateway to the stunning Red Sea." An image showing a nighttime view of mountains in the region in northwest Saudi Arabia where planners say Neom will be built.
Persons: , Neom, Prince Mohammed bin Salman's, Neom's Organizations: Service, Tech, NEOM Community School Locations: Saudi, Saudi Arabia, Tabuk, Sindalah, Gulf, Aqaba, Neom, Oxagon
Saudi Arabia is planning to build the world's longest infinity pool in Neom's Treyam region. The plans dwarf Dubai's 393-foot-long infinity pool that's suspended between twin skyscrapers. AdvertisementSaudi Arabia is planning a spectacular infinity pool that will be almost 1,500 feet long. #Treyam #NEOM pic.twitter.com/syJG7hCZ34 — NEOM (@NEOM) March 20, 2024In a statement, Neom said the design "represents a harmonious fusion of contemporary design and minimal environmental impact while promising guests an unparalleled retreat to unwind and rejuvenate amidst breathtaking natural vistas." NeomIf completed, the pool would dwarf nearby Dubai's offering — a 393-foot-long infinity pool suspended between twin skyscrapers.
Persons: , Neom, Prince Mohammed bin Salman's Organizations: Service, Planners Locations: Saudi Arabia, Treyam, Neom's Treyam, unwind, Aqaba, Neom's, Saudi
CNN —Human rights groups are calling for the release of a Saudi woman, who they say has been sentenced to 11 years in prison for supporting women’s rights and for the way she dressed. Manahel al-Otaibi, a 29-year-old fitness instructor and women’s rights activist, was sentenced during a “secret hearing” before the kingdom’s Specialized Criminal Court on January 9, 2024, Amnesty International and the London-based Saudi rights organization ALQST said in a joint statement Tuesday. Saudi Arabia’s authorities “must immediately and unconditionally” release Manahel al-Otaibi, as the decision to imprison her “directly contradicts the authorities’ narrative of reform and women’s empowerment,” Amnesty and ALQST said. “Manahel’s conviction and 11-year sentence is an appalling and cruel injustice,” said Bissan Fakih, Amnesty International’s Campaigner on Saudi Arabia. Al-Otaibi’s sentencing comes “amid an intensified crackdown on free speech in Saudi Arabia, including online expression,” the groups said.
Persons: Manahel, , ALQST, Otaibi “, Al, Fawzia, , Bissan Fakih, Otaibi, Prince Mohammed bin Salman’s Organizations: CNN, Amnesty International, Saudi, United Nations, UN, Amnesty, Human Rights Locations: Saudi, London, Geneva, Saudi Arabia, Riyadh
CNN —Former President Donald Trump wouldn’t dismiss the potential for political violence from his supporters if he isn’t elected in November, suggesting it would depend on the outcome of the presidential race. “I don’t think we’re going to have that,” the presumptive GOP nominee told Time magazine. It always depends on the fairness of an election.”The remarks came in a wide-ranging interview with the magazine that published Tuesday. But pressed by the magazine in a later phone interview, Trump was less definitive about the future. Throughout his political career, Trump has regularly refused to accept the results of an election or commit to a conceding defeat.
Persons: Donald Trump wouldn’t, , Benjamin Netanyahu’s, Trump, they’ll, ” Trump, Texas Sen, Ted Cruz, Hillary Clinton, Trump baselessly, Ron DeSantis, “ Will, , Joe Biden’s, “ Donald Trump’s, ” Biden, Julie Chavez Rodriguez, Roe, didn’t, Netanyahu, – Trump, Netanyahu “, Soleimani –, Evan Gershkovich “, Alexey Navalny, Vladimir Putin, Navalny, Jamal Khashoggi, Prince Mohammed bin Salman, bin Salman Organizations: CNN, Time, Israel, Capitol, Texas, Florida Gov, Republican, Trump, Sunshine, Hamas, Capitol Hill, , Wall Street, Kremlin, Saudi, CIA, United Nations Locations: Lago, Florida, Washington, Iowa, Florida , Texas, Arizona, Israel, Russia, American
Saudi Arabia plans to open the first part of its Neom megaproject this year. Saudi Arabia is pushing to distinguish itself in the high-end luxury market to compete with Dubai. AdvertisementSaudi Arabia plans to open the first region of its Neom megacity by the end of the year. Neom recently ended investor roadshows in China by confirming the luxury island resort would open this year, Arab News reported. A rendering of The Line, part of the Neom project planned by Saudi Arabia.
Persons: , Neom, roadshows, It's, Marriott Bonvoy, Chadi, MDLBEAST, Kristian Coates Ulrichsen, Saudi Arabia hasn't, Ulrichsen, Saudi Crown Prince Mohammed bin Salman's Organizations: Dubai, Service, Arab News, Marriott, United, Rice, Baker Institute for Public Policy, Emirates, Saudi, Bloomberg, Business Locations: Saudi Arabia, Sindalah, China, Saudi, Vives, Dubai, United Arab Emirates, Saudi Crown, Gulf Kingdom
CNN —Secretary of State Antony Blinken will travel to Saudi Arabia next week to meet with regional partners as talks between Israel and Hamas remain deadlocked, the State Department announced Saturday. Hamas said Saturday it had received a response from Israel over its position on the ceasefire talks. “The movement will study this proposal, and upon completion of its study, it will submit its response,” it said in a statement. Blinken’s trip, set for Monday and Tuesday, comes after he met with Saudi Arabian Crown Prince Mohammed bin Salman last month in Jeddah to discuss efforts to release the hostages held by Hamas. CNN’s Simone McCarthy, Jeremy Diamond, Eugenia Yosef, Alex Marquardt and Mostafa Salem contributed to this report.
Persons: Antony Blinken, Matthew Miller, , Saudi Arabian Crown Prince Mohammed bin Salman, ” Blinken, Kylie Atwood, there’s, CNN’s Simone McCarthy, Jeremy Diamond, Eugenia Yosef, Alex Marquardt, Mostafa Salem Organizations: CNN, State Department, , Israel, Saudi Arabian Crown Locations: Saudi Arabia, Israel, Gaza, Qatar, Egypt, Jeddah, American
In recent weeks, Trump, seizing the role of both an erstwhile diplomat and ascending opposition party leader, has extended welcomes to a series of foreign leaders at his homes in Florida and New York. It’s not unusual for foreign leaders to meet with the leader of the party that doesn’t control the White House – especially one with a serious chance of becoming commander in chief. Biden and his top envoys have also met and spoken with opposition leaders, something that has been a longstanding practice for US officials. Last week, Trump met with Poland’s Duda at Trump Tower, where the two discussed NATO spending over dinner. Trump, both while president and during his 2024 campaign, has called on NATO countries to spend more on defense.
Persons: Donald Trump, hasn’t, Trump, Andrzej Duda, David Cameron, Saudi Crown Prince Mohammed bin Salman, Taro Aso, It’s, Sen, Barack Obama, Mitt Romney, Biden, Sviatlana Tsikhanouskaya, Antony Blinken, Keir Starmer, Joe Biden, “ They’re, he’s, , Vladimir Putin, Xi Jinping, ” Biden, , Kim Jong Un, ” Trump, Brian Hughes, Viktor Orban, Putin, Javier Milei, Orban, Viktor Orbán, Orbán, Aso, Fumio Kishida, Kishida, Lindsey Graham, Salman, King Hamad bin Isa Al Khalifa, Poland’s Duda, Duda, meanwhile, Cameron, Karen Pierce, Cameron’s, Pierce didn’t, Queen Elizabeth II Organizations: CNN, Air Force, British, Saudi Crown, Middle East, Republican, UK Labour Party, US State Department, Biden, Trump, NATO, Conservative Political, Japanese, White, Liberal Democratic Party, Saudi, New York Times, South Carolina Republican, Hamas, The New York Times, Trump Tower, Republicans, Democrats, UK Locations: House, huddling, Florida, New York, Lago, Manhattan, Japan, China, North Korea, Berlin, United Kingdom, Israel, Poland, Belarus, Munich, Europe, America, Ukraine, Korean, United States, Palm, Saudi Arabia, Bahrain, American, Russia, British, Washington
Sitting together last month, Graham and MBS spoke with Trump for roughly five minutes, two people familiar with the call told CNN. The call encapsulates how Trump looms over an agreement that US, Israeli and Saudi officials all see as vital to achieving lasting stability in the Middle East. Graham informed Biden officials of the call between MBS and Trump and says they understand why he wants to keep Trump in the loop. With the election looming and the region engulfed by turmoil over Israel’s war in Gaza, the window of opportunity is rapidly shrinking, people involved in the negotiations told CNN. “I think President Trump understands this is building on what he did,” Graham told CNN.
Persons: South Carolina Republican Sen, Lindsey Graham, Prince Mohammad Bin Salman, — Donald Trump, Graham, Joe Biden, Salman, Biden’s, Trump, Abraham, Biden, Donald Trump, Saudi Crown Prince Mohammed bin Salman, Evan Vucci, , ” Trump, “ They’re, That’s, , ” Graham, Jamal Khashoggi, Sen, X.com Graham, Bibi Netanyahu, Benny Gantz, Jake Sullivan, Amos Hochstein, Antony Blinken, Jake, ” CNN’s Alex Marquardt Organizations: CNN, South Carolina Republican, Biden Administration, Trump, Saudi, Abraham Accords, Saudi Crown, White, MBS, New York Times, Biden, Republican, Graham, Saudi Press Agency, Israel, President’s National, US Locations: Saudi Arabia, Israel, Iran, Saudi, Palestine, Bahrain, UAE, Washington, Gaza, Riyadh, NATO, Palestinian
CNN —India’s Prime Minister Narendra Modi has been accused of delivering Islamophobic remarks during an election rally Sunday, triggering widespread anger from prominent Muslims and members of the opposition. India's Prime Minister Narendra Modi speaking during a rally in Sydney, Australia, on May 23, 2023. Kalpit Bhachech/Getty Images Narendra Modi, then BJP secretary is welcomed at Ahmedabad Railway Station by the party's followers on January 31, 1992. Kalpit Bhachech/Dipam Bhachech/Getty Images Narendra Modi pictured in India on January 23, 1998. Brent Lewin/Bloomberg/Getty Images India's Prime Minister Narendra Modi addresses Congress at the US Capitol in Washington, DC, on June 22, 2023.
Persons: CNN —, Narendra Modi, Islamophobic, Modi’s, Modi, , ” Modi, Matthew Abbott, Hiraben, Damodardas, Dipam Bhachech, Lal Krishna Advani, Subhas Chandra Bose, Kalpit Bhachech, Kalpit, Negi Yasbant, Amit Dave, Ajit Solanki, Kevin Frayer, Saurabh Das, AP Modi, Manish Swarup, Lucas Jackson, Barack Obama, Adrien Helou, Reuters Modi, Adnan Abidi, Stringer, Mark Zuckerberg, David Paul Morris, Marco Longari, Angela Merkel, Tobias Schwarz, Emmanuel Macron, Charles Platiau, Saudi Arabia's Crown Prince Mohammed bin Salman, India's, Jair Bolsonaro, Vladimir Putin, Xi Jinping, Amit Shah, Money Sharma, Boris Johnson, Phil Noble, Anthony Albanese, Brent Lewin, Pedro Ugarte, Joe Biden, Doug Mills, Paul Mashatile, Jacoline, Imtiyaz Khan, Amr Alfiky, Rana Ayyub, Asaduddin Owaisi, “ Modi, Mallikarjun Kharge Organizations: CNN, CNN — India’s, Bharatiya Janata Party, BJP, Indian National Congress, of India, India's, New York Times, Rashtriya Swayamsevak Sangh, Getty, Modi, Hospital, Narendra, India Today, AP, Madison, Garden, Reuters, Washington , D.C, French National Space Agency, of Yoga, Meta, Facebook, Bloomberg, European, Saudi Arabia's Crown, Rashtrapati Bhavan, Kyodo, British, Summit, Qudos Bank, White, Anadolu Agency, Anadolu, United, United Arab Emirates, Sangh, Hindu, , Hate Locations: Rajasthan, Sydney, Australia, Gujarat, India, Ahmedabad, Ahmadabad, Varanasi, New Delhi, United States, Washington, Washington ,, Toulouse, France, Xian, AFP, Menlo Park , California, U.S, Pretoria, South Africa, China, Berlin, Paris, Rashtrapati, Russian, Brasilia, Glasgow, Red, Ayodhya, Uttar Pradesh, Abu Dhabi, United Arab, BJP,
Their friendship was tested in 2017 when then President Trump supported a blockade of Qatar led by Saudi Arabia and the United Arab Emirates. Before the Oct. 7 attack, the Saudis were in serious talks, led by the United States, to recognize Israel. 8 of 12 Israel has a major incentive to strengthen relations with Saudi Arabia. Saudi Arabia, for its part, would benefit from direct access to the Israeli military and technology sector. In March 2023, China brokered a breakthrough, re-establishing ties between two of the region’s heavyweights, Iran and Saudi Arabia.
Persons: Benjamin Netanyahu, brandished, Jake Sullivan, , frenemies, Israel, Netanyahu’s, Trump, Biden, Saudi Crown Prince Mohammed bin, Prince Mohammed, Bashar al, Assad, Saddam Hussein, Jordan —, hesitantly, Abraham Organizations: of Friends, General Assembly, U.S, America, Hamas, United, United Arab Emirates, Saudi Crown, Arab League, Saudi Arabia, Red Sea, Iranian, Abraham Accords, United Arab, Palestine Liberation Organization, West Bank, Palestinian Authority, The, Trump, Biden, Israel Defense Forces, United Nations, New York, Facebook Locations: India, Persian, Israel, Europe, Iran, United States, U.S, East, China, Russia, Ukraine, Syria, Yemen, Turkey Syria Lebanon Afghanistan Israel Iraq Iran Pakistan Egypt India Qatar Saudi Arabia Sudan Oman, Israel Yemen Turkey Syria Lebanon Afghanistan Israel Iraq Iran Pakistan Egypt India Qatar Saudi Arabia Arabian, Sudan, Sea Oman, Israel Yemen Ethiopia Turkey Syria Lebanon Afghanistan Israel Iraq Iran Pakistan Egypt India Qatar Saudi Arabia Arabian, Sudan Oman, Israel Yemen Ethiopia, Gaza, Qatar, Saudi Arabia, United Arab, Saudi, Tehran, Iraq, Assad, Lebanon, Lebanese, Egypt, Jordan, Bahrain, United Arab Emirates, Morocco, Fatah, Israeli, Turkey, America
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