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☆ The personal cybersecurity concierge is a new perk, and need, among the wealthy
▼ + stars: | 2024-07-26 | by ( Ellen Sheng | ) www.cnbc.com time to read: +4 min

Cybercriminals are increasingly targeting wealthy individuals, making cybersecurity concierges a new must-have for the rich and their families, including executives. While companies are spending heavily on cybersecurity, personal and home devices are generally less protected, making them easier to crack. And despite their sizeable assets and growing threat of cyberattacks, family offices and wealthy families don't think of themselves as targets because hackings are rarely publicized. JPMorgan Private Bank offers cybersecurity help to its ultra-high net worth clients, along with lifestyle and travel services. "I think one of the misconceptions is that — particularly for family offices — 'we're small and nobody notices us.'

Persons: Bill Roth, Jeff Bezos, Saudi Crown Prince Mohammed bin Salman, Lauren Sanchez, Bill Gates, Elon Musk, It's, Bobby Stover, Ernst & Young, They're, Anwar Visram, HardTarget, Ileana Van Der Linde, I've, Visram Organizations: Saudi Crown, Ernst &, JPMorgan, JPMorgan Private Bank, Asset, Wealth Management, CNBC Locations: WhatsApp, Tinder

☆ Saudi Arabia is seeking billions in Chinese investment for Neom. But it comes with a massive risk.
▼ + stars: | 2024-06-13 | by ( Tom Porter | ) www.businessinsider.com time to read: +7 min

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

☆ Saudi Arabia, Russia and several OPEC+ producers extend voluntary crude supply cuts until end of June
▼ + stars: | 2024-03-03 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +4 min

Saudi Arabia's Minister of Energy Prince Abdulaziz bin Salman al-Saud gesture upon his arrival at the 8th OPEC International Seminar in Vienna on July 5, 2023Heavyweights Saudi Arabia and Russia, alongside several other key OPEC+ producers, will extend their voluntary crude supply cuts until the end of the second quarter. Saudi Arabia will stretch out its voluntary crude production cut of 1 million barrels per day until the end of the second quarter, the state-owned Saudi Press Agency said Sunday, citing an official source from the country's Ministry of Energy. Riyadh's crude production will be approximately 9 million barrels per day until the end of June, the announcement said. Back in November, OPEC+ countries had held a formal policy of collectively reducing their output by 2 million barrels per day until the end of 2024. Unlike formal policy changes, voluntary cuts do not require the group's unanimous consent during an official meeting and bypass the need to distribute production cuts or increases among OPEC+ members.

Persons: Energy Prince Abdulaziz bin Salman al, Saud, Alexander Novak, —, Prince Abdulaziz bin Salman Organizations: Saudi, Energy, OPEC, Organization for, Petroleum, Saudi Press Agency, country's Ministry of Energy, Tass, Moscow, Google, INA, Hamas, Saudi Energy Locations: Vienna, Saudi Arabia, Russia, OPEC, Riyadh, Moscow, Russian, Iraq, UAE, Iran, Gaza, China, Aramco

☆ Dubai is the economic jewel of the Middle East — now its Gulf neighbors are coming for a piece of the pie
▼ + stars: | 2024-02-03 | by ( Pete Syme | Beatrice Nolan | ) www.businessinsider.com time to read: +8 min

According to Forbes' 2023 Travel Guide, Dubai has nine 5-star hotels , compared to Abu Dhabi's three and two in Qatar and Saudi Arabia. Saudi Arabia has made it clear that it wants in on international travel, stating it aims to attract 100-150 million visitors by 2030. Saudi Arabia is catching up with a new airlineThe competition is perhaps the most heated in the aviation industry. On its double-decker Airbus A380, Dubai's airline, Emirates, has top amenities like a shower for business-class passengers, plus an on-board bar. AdvertisementAnd even if it succeeds in attracting tourists to Saudi Arabia, it is unlikely to knock Emirates off its perch.

Persons: —, Saudi Crown Prince Mohammed bin Salman Al Saud, Saudi Arabia hasn't, Abu, Abu Dhabi, Forbes, Abu Dhabi's, Faisal Alibrahim, Alibrahim, Mohammed Bin Salman, Kristian Coates Ulrichsen, Ulrichsen, Skytrax, Pete Syme, Tony Douglas, Douglas, That's, OAG Organizations: Service, United Arab Emirates, Business, Saudi Crown, Etihad, Bloomberg, CNN, Saudi, Economic, Rice, Baker Institute for Public Policy, Emirates, Qatar Airways, Qatari, Etihad Airways, Riyadh Air, Air, Riyadh Air's Boeing, Boeing, Dubai International Airport Locations: Dubai, Gulf, Saudi, Saudi Arabia, Riyadh, Abu, UAE, Qatar, Davos, Neom, Emirates, Still, Kingdom of Saudi Arabia, Europe, Americas, Africa, Asia

On Monday, Prince Abdulaziz bin Salman, energy minister and the key climate negotiator, for the kingdom, was a no-show at the Saudi Green Initiative. "The climate finance that they have pledged at this COP28 is simply not enough," said Pakistani activist Zaigham Abbas, whose country was devastated last year by widespread flooding. Elsewhere, France and Japan said they would support a move by the African Development Bank to leverage IMF Special Drawing Rights for climate and development. This year also features the biggest-ever representation of business at the annual U.N. summit, amid hopes for more private investment toward climate causes. "The scale of the climate crisis demands urgent and game-changing solutions from every industry," COP28 President Ahmed Al-Jaber said.

Persons: COP28, Johanna Geron, Prince Abdulaziz bin Salman, Crown Prince Mohammad bin Salman, Nicholas Stern, Mia Mottley, Antonio Guterres, Zaigham Abbas, Abu Dhabi, Ahmed Al, Jaber, Simon Jessop, Maha El, Al Sayegh, Alexander Cornwell, Elizabeth Piper, David Stanway, Katy Daigle Organizations: of, European Union, REUTERS, Companies, Saudi, United, United Arab Emirates, Saudi Green Initiative, Crown, Grantham Research, Asian Peoples ' Movement, Development, African Development Bank, European Bank for Reconstruction, Copenhagen Infrastructure Partners, BlackRock, HSBC, Finance, Reuters, Thomson Locations: Dubai, Brussels, Belgium, Companies UAE, DUBAI, COP28, United Arab, Saudi Arabia, Sharm el, Sheikh, Egypt, Paris, China, Grantham, Barbados, France, Japan, Copenhagen, Abu

[1/2] World leaders and delegates walk at Dubai's Expo City ahead of the World Climate Action Summit during the United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates, December 1, 2023. Away from the main stage, delegations and technical committees set to work on Friday with the mammoth task of assessing their progress in meeting global climate targets, specifically the Paris Agreement goal of limiting global warming to within 2 degrees Celsius above preindustrial temperatures. The United Nations on Friday published its first draft for what could serve as a template for a final agreement from the COP28 summit, which ends Dec. 12. The summit also clinched an early victory by adopting a new fund to help poor nations cope with costly climate disasters. ___For daily comprehensive coverage on COP28 in your inbox, sign up for the Reuters Sustainable Switch newsletter here.

Persons: Thomas Mukoya, Britain's King Charles, Antonio Guterres, William Ruto, Prince Mohammed bin Salman Al Saud, Sultan Ahmed al, Jaber, Valerie Volcovici, William James, Katy Daigle, Miral Organizations: United Nations, Change, United Arab Emirates, REUTERS, Rights, Saudi, United Arab, Reuters, Thomson Locations: Dubai, United Arab, Paris, United Arab Emirates

☆ What to watch at COP28 on Friday?
▼ + stars: | 2023-11-30 | by ( ) www.reuters.com time to read: +1 min

United Arab Emirates Minister of Industry and Advanced Technology and COP28 President Sultan Ahmed Al Jaber speaks during the United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates, November 30, 2023. REUTERS/Amr Alfiky Acquire Licensing RightsDUBAI, Dec 1 (Reuters) - This year's COP28 climate summit, being held in the glitzy Middle East city of Dubai, clicks into its first full day of scheduled events on Friday. Britain's King Charles III, who has spent decades working on environmental issues, is expected to address the conference. A second day of leaders' speeches is planned for Saturday. The summit's opening on Thursday featured pleas by the COP28 president, Sultan Ahmed al-Jaber, for all parties to work together toward a consensus on the future of fossil fuels.

Persons: Sultan Ahmed Al Jaber, Amr Alfiky, Britain's King Charles III, William Ruto, Tayyip Erdogan, Volodymyr Zelenskiy, Prince Mohammed bin Salman Al Saud, Sultan Ahmed al, Jaber, Katy Daigle, Lisa Shumaker Organizations: United Arab Emirates Minister of Industry, Advanced Technology, United Nations, Change, United Arab Emirates, REUTERS, Rights, Kenyan, Saudi, Thomson Locations: Dubai, United Arab, East

☆ Toxic foam coats sacred river near New Delhi as Indian capital battles hazardous pollution
▼ + stars: | 2023-11-09 | by ( Rhea Mogul | ) edition.cnn.com time to read: +3 min

CNN —A thick layer of toxic foam has once again coated parts of a sacred river near New Delhi as the Indian capital battles an acrid and noxious smog that has settled across the city. The pungent foam contains high levels of ammonia and phosphates, which can cause respiratory and skin problems, according to experts. Yamuna river covered with a thick layer of toxic foam due near Kalindi Kunj, on September 10, 2023 in New Delhi, India. The river is most polluted in areas surrounding Delhi, owing to the area’s dense population and high levels of waste. Pictures from September also showed toxic foam forming on the Yamuna.

Persons: Salman Ali, Surya Organizations: CNN, Press Trust of India, Hindustan Times Locations: New Delhi, India’s, Tamil Nadu, Kalindi, India, Delhi, Oslo, Beijing, Kolkata, Mumbai

☆ Reporting on live TV about the death of his colleague, a correspondent threw his protective vest to the ground and wept, 'We are going to be killed. One by one.'
▼ + stars: | 2023-11-03 | by ( Isabel Debre | Najib Jobain | Associated Press | ) www.businessinsider.com time to read: +5 min

Veteran Palestine TV correspondent Mohammed Abu Hatab, 49, was killed with 10 of his family members. His colleague Salman al-Bashir delivered an emotional report on live TV scared he could be next. One of the victims, loaded into the hospital morgue with 10 of his family members, was his own colleague, veteran Palestine TV correspondent Mohammed Abu Hatab, 49. 'I don't know when I will be killed,'" Abu Bakr recalled. Before hanging up, he said, Abu Hatab had one last request: "Please, please, pray that God protects us."

Persons: Mohammed Abu Hatab, Salman al, Bashir, —, KHAN YOUNIS, Abu Hatab, Abu Hatab's, al, Khan Younis, Rafat, Tidra, Abed Khaled, Abu, Richard Hecht, Nasser Abu Bakr, Abu Bakr, DeBre Organizations: Palestine, Service, Nasser Hospital, West Bank, Palestinian Authority, Hamas, Palestine TV, Health Ministry, Protect Journalists, Palestinian Journalists Syndicate Locations: Gaza, Israel, Ramallah, New York, Nasser, Jerusalem

CNN —A Palestine TV correspondent and 11 members of his family were killed Thursday in southern Gaza, according to the Palestinian Authority-run television network, in what it described as an Israeli airstrike. Palestine TV has not published evidence linking it directly to an Israeli strike. Hattab’s death sent shockwaves through his newsroom, with Palestine TV journalist Salman Al Bashir making an emotional on-air report that reduced a television anchor to tears. Palestine TV journalist Salman Al Bashir takes off his vest and helmet while giving an emotional on-air report on Thursday after the death of fellow Palestine TV correspondent, Mohammad Abu Hattab, in Gaza. Al Bashir also said Israel’s weeks-long bombardment of the enclave had become unbearable for Palestinians in Gaza.

Persons: Mohammad Abu Hattab, Nasser, WAFA, Hattab’s, shockwaves, Salman Al Bashir, ”, ” Al Bashir, Al Bashir, “, Gazans, Khan Younis Organizations: CNN, Palestinian Authority, Palestine, Palestine TV, Palestinian Ministry of Health, Israel Defense Forces, Hamas, Protect Journalists Locations: Gaza, Palestine, Ramallah, Israel, Hattab’s, Al Jazeera’s Gaza, Israeli

Energy ministers from Saudi Arabia, the United Arab Emirates and Iraq, the three largest members of the Organization of Petroleum Exporting Countries (OPEC), have gathered in the Saudi capital Riyadh for the U.N. MENA climate week. The UAE will host the COP28 climate summit scheduled to take place in Dubai between Nov. 30 and Dec. 12. He has argued for a more inclusive COP that brings the oil and gas industry into the climate debate and allows it to be part of the solution through decarbonisation initiatives. Saudi Energy Minister Prince Abdulaziz bin Salman also said the industry should not be stigmatised and the world still needed hydrocarbons. "There is a case for us to be in oil and gas," he told the audience.

Persons: Sultan Ahmed Al Jaber, Luiz Inacio Lula da Silva, Ueslei Marcelino, Jaber, Suhail, Mazrouei, Sultan al, Prince Abdulaziz bin Salman, Aziz El Yaakoubi, Pesha Majid, Maha El, Toby Chopra, Barbara Lewis Organizations: UAE Industry, Amazon, REUTERS, UAE, Energy, United Arab, Organization of Petroleum Exporting, UAE Energy, Saudi Energy, Thomson Locations: Hangar, Belem , Para State, Brazil, RIYADH, Saudi Arabia, United Arab Emirates, Iraq, Saudi, Riyadh, UAE, Dubai, OPEC, COP28

KARACHI, Pakistan, Oct 5 (Reuters) - Pakistani ecommerce logistics startup Rider, backed by YCombinator, is looking into acquiring BlueEx (UNIV.PSX) the only listed Express Courier Logistics Company in Pakistan, it told Reuters on Thursday. "We are carving out and acquiring the e-commerce logistics business which currently operates under the brand name BlueEx. This is not an acquisition of Universal Network System Limited as a whole," said Salman Allana, founder and CEO of Rider. If the transaction goes through, this will be the first acquisition of a listed company by a startup, and the first major acquisition of a company listed on Pakistan's Growth Enterprise Market (GEM) board at the Pakistan Stock Exchange (PAKS.PSX). While Rider has not disclosed the transaction value, it claims the acquisition will make Rider the third largest player in the ecommerce logistics space.

Persons: Salman Allana, Rider, Allana, Ariba Shahid, Michael Perry Organizations: Express Courier Logistics Company, Reuters, Venture, Universal Network System, Pakistan Stock Exchange, GEM, YCombinator, Global Founders Capital, Flexport, i2i Ventures, Fatima, Ventures, Soma, Rebel Fund, Thomson Locations: KARACHI, Pakistan, Karachi

☆ Neymar on target as Al-Hilal secure Asian Champions League win
▼ + stars: | 2023-10-03 | by ( Michael Church | ) www.reuters.com time to read: +2 min

Oct 3 (Reuters) - Neymar scored his first goal since his high profile move to Saudi Arabia on Tuesday as Al-Hilal defeated Iran's Nassaji Mazandaran 3-0 in Tehran's Azadi Stadium in the group phase of the Asian Champions League. Neymar doubled Al-Hilal's lead with a perfectly timed left-foot strike in the 58th minute and substitute Saleh Al Shehri put the seal on a comfortable win in injury time. Al Ain backed up their opening round win over Pakhtakor with an impressive attacking performance in front of their own fans as Brazilian midfielder Erik put the former champions ahead in the fourth minute with a clinical finish. Al Ain now have a three-point cushion over Ahal and Al Fayha, who had a goal in each half from Abdelhamid Sabiri to thank for their 2-0 win at home over Pakhtakor. ($1 = 0.9551 euros)Reporting by Michael Church, Editing by Toby DavisOur Standards: The Thomson Reuters Trust Principles.

Persons: Neymar, Hilal, Iran's, Aleksandar Mitrovic, Ma Ning, Hilal's Salman Al Faraj, Nassaji's Amir Houshmand, Saleh Al Shehri, Hilal's, Navbahor, Jamshid Iskanderov, Jasurbek, Doniyor Abdumannopov, Al, Turkmenistan's Ahal, Pakhtakor, Al Fayha, Al Ain, Erik, Soufiane, Kodjo Laba, Elman Tagayew, Kouame Kouadio, Dayanch, Michael Church, Toby Davis Organizations: Iran's Nassaji, Tehran's Azadi, Asian Champions League, Saudi Pro League, Paris St Germain, Al, Mumbai, United Arab Emirates, Thomson Locations: Saudi Arabia, Al, Iran's Nassaji Mazandaran, Paris, Saudi, Mumbai City, Hilal, Al Ain, Pakhtakor

☆ Saudi Arabia announces crucial step forward in its nascent nuclear power plans
▼ + stars: | 2023-09-26 | by ( Natasha Turak | ) www.cnbc.com time to read: +5 min

The announcement put the spotlight on the kingdom's nascent nuclear energy efforts — Saudi Arabia has a small nuclear reactor, a research unit set up with the help of Argentina, that it has not yet put into operation. The Saudi energy minister did not comment on whether his country would also join the IAEA's Additional Protocol, which requires more thorough oversight including snap inspections. Saudi Crown Prince Mohammed bin Salman said in a recent wide-ranging interview with Fox News that if Iran developed nuclear weapons, Saudi Arabia would too. U.S. assistance with a nuclear energy program is one of Saudi Arabia's key demands — but not everyone is happy about that. The multilateral Obama-era deal had allowed the lifting of economic sanctions on Iran in exchange for curbs to its nuclear program.

Persons: Crown Prince Mohammed bin Salman, Al, Mandel Ngan, Prince Abdulaziz bin Salman Al Saud, Rafael Grossi, Thomas Kronsteiner, Grossi, Saud, Prince Abdulaziz's, Prince Mohammed bin Salman, Mohammed bin Salman's, Saudi Arabian Crown Prince Mohammed bin Salman Al Saud, Joe Biden, Narendra Modi, Evelyn Hockstein, Yair Lapid, Donald Trump, ATTA KENARE Organizations: Saudi, Crown, AFP, Getty Images, International Atomic Energy Agency, IAEA, Saudi Energy, Governors, CSA, United, Fox News, CBS, West, Saudi Arabian Crown, Indian, Biden, Obama, Iranian, Getty Locations: Royal, Saudi, Jeddah, Getty Images Saudi Arabia, Vienna, Austria, Saudi Arabia, Argentina, United Arab Emirates, Iran, Russia, Ukraine, China, New Delhi, India, Riyadh, Washington, Israel, Tehran, Bushehr

☆ Saudi crown prince says he will keep 'sportswashing' as criticism of the practice grows
▼ + stars: | 2023-09-21 | by ( Drew Richardson | ) www.cnbc.com time to read: +4 min

Call it whatever you want, we're going to get that one and a half percent," the crown prince said. The Saudi Public Investment Fund (PIF), an entity controlled by Crown Prince Mohammed, has backed Saudi soccer clubs and LIV Golf. The LIV Golf merger with the PGA Tour has faced widespread scrutiny. Key U.S. lawmakers have criticized the pending golf merger as an attempt by the kingdom to distract from its human rights record. Prior to the deal, LIV Golf sued the PGA Tour for alleged anticompetitive practices, which prompted the PGA Tour to countersue, saying LIV Golf was stifling competition.

Persons: Saudi Arabian Crown Prince Mohammed bin Salman Al Saud, Prince Mohammed bin Salman, sportswashing, I'm, Critics, Jamal Khashoggi, Cristiano Ronaldo, Dustin Johnson, Bryson DeChambeau, LIV Golf, Crown Prince Mohammed, LIV, Osama bin Laden, It's, Sen, Richard Blumenthal, Conn, Jimmy Dunne, Ron Price, Price, Benjamin Freeman, — CNBC's Lillian Rizzo, Chelsey Cox Organizations: Saudi, Saudi Arabian Crown, Partnership, Global Infrastructure, Fox News, Washington Post, Neymar, PGA Tour, Saudi Public Investment Fund, Crown, Reuters, PGA, Key U.S, Homeland Security, Governmental Affairs, Tour, Quincy Institute, Responsible Locations: Saudi Arabian, New Delhi, India, Saudi, Europe, Saudi Arabia, Key, Yemen

Saudi Arabian Crown Prince Mohammed bin Salman Al Saud attends Partnership for Global Infrastructure and Investment event on the day of the G20 summit in New Delhi, India, September 9, 2023. The conservative U.S. network’s interview with the crown prince, widely known as MbS, comes as President Joe Biden’s administration presses ahead with an effort to broker historic ties between the two regional powerhouses, Washington’s top Middle East allies. We need to solve that part,” MbS said when asked what it would take to get a normalization agreement. MbS also voiced concern about the possibility of Iran, a mutual adversary of Saudi Arabia and Israel that the U.S. wants to contain, could obtain a nuclear weapon. Reporting by Rami Ayyub and Matt Spetalnick; Editing by Leslie Adler and Josie KaoOur Standards: The Thomson Reuters Trust Principles.

Persons: Saudi Arabian Crown Prince Mohammed bin Salman Al Saud, Evelyn Hockstein, Saudi Arabian Crown Prince Mohammed bin Salman, Israel, Joe Biden’s, ”, Biden, Benjamin Netanyahu, Rami Ayyub, Matt Spetalnick, Leslie Adler, Josie Kao Organizations: Saudi, Saudi Arabian Crown, Partnership, Global Infrastructure, REUTERS, Rights, Fox, MbS, Israeli, Thomson Locations: Saudi Arabian, New Delhi, India, Saudi, U.S, Israel, Iran, Saudi Arabia, Riyadh, Tehran, Gulf

☆ Saudi energy minister defends OPEC+ supply cuts as oil prices surge
▼ + stars: | 2023-09-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSaudi energy minister defends OPEC+ supply cuts as oil prices surgePrince Abdulaziz bin Salman also took aim at the International Energy Agency. CNBC's Dan Murphy reports.

Persons: Abdulaziz bin Salman, CNBC's Dan Murphy Organizations: Saudi, International Energy Agency

☆ Saudi Arabia is spending billions on sports, tech and everything in between for a post-oil world
▼ + stars: | 2023-09-10 | by ( Beatrice Nolan | Hasan Chowdhury | ) www.businessinsider.com time to read: +7 min

Saudi Arabia sparked international outrage in 2018 after Washington Post columnist Jamal Khashoggi was murdered at the Saudi consulate in Istanbul, and continues to face accusations of human rights violations. Despite this, little has been able to stop Saudi Arabia from exerting more and more influence on the global stage. GettyImages/Unsplash/NeomLike many countries, Saudi Arabia's economy suffered when the pandemic struck in 2020, but the only way has been up since then. Chris Trotman/LIV Golf via Getty ImagesBoth at home and far away, Saudi Arabia hasn't shied away from investing boatloads of cash. The total hit 32.2 million in May with a median age of 29, according to Saudi Arabia's General Authority for Statistics.

Persons: Prince Mohammed Bin Salman, Jamal Khashoggi, It's, Ahmed Jadallah, Saudi Arabia's, Sergio Garcia, Chris Trotman, LIV, Saudi Arabia hasn't, Yasir Al, Jasmin Merdan, Abdullah Al, Prince Abdulaziz bin Salman al, Saud, JOE KLAMAR Organizations: Service, Washington Post, Bank, IMF, REUTERS, Saudi Aramco, King, King Abdullah Economic City, Getty, Public Investment Fund, MBS, Newcastle United, LIV, PGA, Saudi, Reuters, Saudi Arabia's, Authority, Statistics, Gulf States Energy, United Arab Emirates, Arab League Locations: Saudi Arabia, Wall, Silicon, Gulf, Saudi, Istanbul, Gulf Kingdom, Ahmed Jadallah Saudi Arabia, King Abdullah, Jasmin Merdan Saudi's, Riyadh, Arab, Vienna, AFP, Kuwait, UAE, Qatar

☆ U.S., India, Saudi, EU unveil a massive rail and ports deal on G20 sidelines
▼ + stars: | 2023-09-09 | by ( ) www.cnbc.com time to read: +2 min

Global leaders announced a multinational rail and ports deal linking the Middle East and South Asia on Saturday on the sidelines of the G20 summit in New Delhi. Biden said it was a "real big deal" that would bridge ports across two continents and lead to a "more stable, more prosperous and integrated Middle East." A memorandum of understanding for the deal was set to be signed by the European Union, India, Saudi Arabia, the United Arab Emirates, the U.S. and other G20 partners. The move comes amid U.S. efforts for a broader diplomatic deal in the Middle East that would have Saudi Arabia recognise Israel. From the U.S. viewpoint, Finer added, the deal helps "turn the temperature down across the region" and "address a conflict where we see it".

Persons: Saudi Arabian Crown Prince Mohammed bin Salman Al Saud, Joe Biden, Narendra Modi, Biden, Jon Organizations: Saudi, Saudi Arabian Crown, Indian, Global, Washington, European Union, United Arab Emirates Locations: Saudi Arabian, New Delhi, India, East, South Asia, U.S, Gulf, Europe, Saudi Arabia, Israel

☆ Analyst says he can't see Saudi-Israeli normalization on the horizon
▼ + stars: | 2023-08-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAnalyst says he can't see Saudi-Israeli normalization on the horizonSalman Al-Ansari, Saudi geopolitical analyst, says he doesn't expect normalization of Saudi-Israeli ties, given the coalition that Israeli Prime Minister Benjamin Netanyahu has formed, adding that "he will simply have nothing substantial to offer the Palestinians."

Persons: Salman Al, Ansari, Benjamin Netanyahu Organizations: Saudi, Israeli Locations: Saudi

☆ Saudi Arabia and Turkey are emerging as the new peace brokers of the Russia-Ukraine war
▼ + stars: | 2023-08-02 | by ( Natasha Turak | ) www.cnbc.com time to read: +7 min

Turkish President Recep Tayyip Erdogan welcomes Saudi Arabia's Crown Prince Mohammed bin Salman Al Saud in Ankara, Turkey, on June 22, 2022. "We thank the Crown Prince and Government of Saudi Arabia for facilitating [the prisoner exchange]," Sullivan wrote in a separate post. "Saudi Arabia and Turkey are good examples of such mid-level powers now helping shape international realities in a way they rarely did during the Cold War." And Turkey, like Saudi Arabia, refuses to partake in sanctions against Russia, irking its Western allies. Saudi Arabian Crown Prince Mohammed bin Salman (R) meets Ukrainian President Volodymyr Zelenskyy (L) in Jeddah, Saudi Arabia on May 19, 2023.

Persons: Recep Tayyip Erdogan, Saudi Arabia's Crown Prince Mohammed bin Salman Al Saud, Mustafa Kaya, Russian –, Vladimir Putin, –, Recep Tayyip Erdogan of, Crown Prince Mohammed bin Salman, Volodymyr Zelenskyy, Jake Sullivan, Putin, Sullivan, Hussein Ibish, Russia's Putin, Vilius Semeska, Selcuk Bayraktar, Haluk Bayraktar, Ibish, Saudi Arabia's Crown Prince Mohammed bin Salman, Saudi Arabian Crown Prince Mohammed bin Salman, Erdogan, Mohammed bin Salman, Ryan Bohl, Rane, Ayham Kamel Organizations: Saudi Arabia's Crown, Getty, Crown, Russia, Handout, Anadolu Agency, Twitter, Ukraine –, Prince, Saudi, Gulf States Institute, CNBC, NATO, Defence, Baykar, Saudi Arabian Crown, Saudi Foreign Ministry, Getty Images, Ukrainian, Arab, Russo, East, Global, Eurasia Group Locations: Ankara, Turkey, Xinhua, Russian, Russia, Recep Tayyip Erdogan of Turkey, Saudi Arabia, Kyiv, Ukraine, Ukrainian, Saudi, Jeddah, U.S, China, India, Brazil, Washington, Turkey's, Lithuanian, Istanbul, Turkish, , Washington, North Africa, Riyadh, Middle East

☆ The Middle East is now 'laser-focused' on business and development, says Salman Al-Ansari
▼ + stars: | 2023-07-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Middle East is now 'laser-focused' on business and development, says Salman Al-AnsariSalman Al-Ansari, founder and president of the Saudi American Public Relation Affairs Committee, says "we need this ideology, we need more pragmatism."

Persons: Salman Al, Ansari Salman Al, Ansari Organizations: Saudi, Relation Affairs

☆ Saudi energy minister says latest Riyadh-Moscow oil cuts showed unity with Russia
▼ + stars: | 2023-07-05 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +2 min

Saudi Minister of Energy Prince Abdulaziz bin Salman al-Saud speaks during a panel discussion at the 10th Arab-China Business Conference in Riyadh, on June 11, 2023. The latest round of voluntary crude oil output cuts evidence the cooperation between heavyweight producers and allies Russia and Saudi Arabia, the kingdom's Energy Minister Prince Abdulaziz bin Salman said on Wednesday. On Monday, Saudi Arabia said it would extend the 1-million-barrel-per-day production cut it had initially flagged for July into August, while Russia announced a 500,000 barrel-per-day decline in exports next month. Unlike alliance-wide OPEC+ policy decisions, voluntary production declines do not require unanimous approval and need not be implemented by all group members. "It was a voluntary cut that was not imposed on them … including delivering, that they will do it from their exports, because it is more meaningful," Abdulaziz said Wednesday.

Persons: Energy Prince Abdulaziz bin Salman al, Saud, Prince Abdulaziz bin Salman, Prince Abdulaziz, Abdulaziz Organizations: Energy, China Business Conference, kingdom's Energy, Organization of, Petroleum Locations: Saudi, Arab, Riyadh, Russia, Saudi Arabia, OPEC, Moscow, Vienna, Europe, Asia

CNN —The Israel Defense Forces (IDF) said Sunday that Israeli warplanes had targeted a Syrian air defense battery from which they claimed an anti-aircraft rocket was launched towards Israel. The anti-aircraft rocket launched from Syria into Israel early Sunday exploded in the air in Israeli territory, the IDF said. No injuries were reported and no special instructions for civilians on the Israeli home front have been issued, it said. Israeli media reported Sunday that debris from the Syrian-launched rocket landed in two neighborhoods of the southern city of Rahat in Israel, damaging homes. Meanwhile Syria’s official news agency SANA said Israel carried out air attacks from the direction northeast of Beirut, targeting some points near the city of Homs.

Persons: Syria’s, SANA, Israel Organizations: CNN, Israel Defense Forces Locations: Israel, Israeli, Syria, Syrian, Rahat, Beirut, Homs

CNN —Israeli forces launched a large military operation in Jenin in the northern West Bank overnight Sunday, killing at least three people and injuring 13 others, according to the Palestinian Health Ministry. Footage shared with journalists appeared to show operations ongoing in parts of the Jenin refugee camp and Israeli military vehicles on the streets of Jenin on Monday morning. The IDF said it struck a joint operational command center for the Jenin Camp and operatives of the Jenin Brigade, a Palestinian militant group associated with Islamic Jihad. “The aggression on Jenin will not achieve its targets, Jenin will not surrender. The raid comes less than two weeks after an Israeli military raid on Jenin erupted into a massive firefight, leaving at least five Palestinians dead and dozens wounded.

Persons: Mahmoud al, Saadi, ”, Yoav Gallant, “ Organizations: CNN, West Bank, Palestinian Health Ministry, Israeli Defense Forces, Jenin Government Hospital, Palestinian Ministry of Health, Palestinian, Jenin Brigade, Islamic, IDF, Israel Securities Authority, Israeli Locations: Jenin, Crescent, Palestinian, Israel, Jihad

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