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☆ Saudi Arabia and China will align on everything from security to oil, but agree not to interfere on domestic issues
▼ + stars: | 2022-12-09 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +6 min

Riyadh and Beijing were keen to stress “the importance of stability in the world oil markets,” noting that Saudi Arabia is a reliable exporter of crude oil to its Chinese partner. China also affirmed its “opposition to any actions that would interfere in the internal affairs of the Kingdom of Saudi Arabia,” without adding more details. On Friday, Xi invited Saudi King Salman bin Abdulaziz Al-Saud to visit China, according to Saudi state TV. President Xi was given a warm welcome in Saudi Arabia with ceremonies on Thursday. Saudi Arabia “is pursuing a multipolar strategy of strong strategic ties,” added Shihabi.

Dec 6 (Reuters) - A federal judge in Washington on Tuesday dismissed a lawsuit filed by the fiance of slain journalist Jamal Khashoggi against Saudi Arabian Crown Prince Mohammed bin Salman, citing President Biden's grant of immunity. U.S. District Judge John Bates suggested he was reluctant to throw out the lawsuit but had no choice given the Biden administration's decision. Biden was criticized for fist-bumping the crown prince on a visit to Saudi Arabia in July to discuss energy and security issues. The White House said Biden had told Prince Mohammed that he considered him responsible for Khashoggi's killing. He had traveled to the Saudi consulate in Istanbul to obtain papers he needed to marry Cengiz, a Turkish citizen.

☆ Xi Jinping: Saudi's MBS rolls out the red carpet for China's president, in a not too subtle message to Biden
▼ + stars: | 2022-12-07 | by ( Tamara Qiblawi | ) edition.cnn.com time to read: +9 min

Saudi leaders will infuse the trip with a dose of spectacle. The Saudi king – or his powerful Crown Prince, Mohammed bin Salman – may bestow the Chinese leader with some honors and medals. Saudi Crown Prince Mohammed bin Salman fist bumps US President Joe Biden upon his arrival at Al Salman Palace, in Jeddah, Saudi Arabia, on July 15. Today, the US consumes only a fraction of that Saudi oil, and China is Saudi Arabia’s biggest client and trading partner. Over the last year, Gulf Arab countries appear to have ramped up their independent-minded policy.

Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERSWASHINGTON, Nov 18 (Reuters) - The Biden administration ruled on Thursday that Saudi Arabian Crown Prince Mohammed bin Salman has immunity from a lawsuit over the murder of Jamal Khashoggi, drawing immediate condemnation from the slain journalist's former fiancee. In late September, Saudi King Salman named Prince Mohammed prime minister in a royal decree which a Saudi official said was in line with responsibilities that the crown prince was already exercising. FIST-BUMPBiden was criticized for fist-bumping the crown prince on a visit to Saudi Arabia in July to discuss energy and security issues. The White House said Biden had told Prince Mohammed that he considered him responsible for Khashoggi's killing. In a highly charged global atmosphere, the United States is keen to prevent its long-time ally from further distancing itself.

☆ U.S. moves to shield Saudi crown prince in killing of journalist Jamal Khashoggi
▼ + stars: | 2022-11-18 | by ( The Associated Press | ) www.nbcnews.com time to read: +6 min

The U.S. intelligence community concluded Saudi Arabia’s crown prince had approved the killing of the widely known and respected journalist, who had written critically of Prince Mohammed’s harsh ways of silencing of those he considered rivals or critics. The Biden administration statement Thursday noted visa restrictions and other penalties that it had meted out to lower-ranking Saudi officials in the death. Khashoggi’s fiancée, Hatice Cengiz, and DAWN sued the crown prince, his top aides and others in Washington federal court over their alleged roles in Khashoggi’s killing. Prince Mohammed serves as Saudi Arabia’s de facto ruler in the stead of his aged father, King Salman. The Saudi king in September also temporarily transferred his title of prime minister — a title normally held by the Saudi monarch — to Prince Mohammed.

SEOUL, Nov 17 (Reuters) - South Korean and Saudi Arabian leaders pledged stronger ties on Thursday in the fields of energy, defence industry and building projects, as the oil-rich kingdom signed investment agreements worth $30 billion with South Korean companies. "In particular, he said he would like to drastically strengthen cooperation with South Korea in the areas of defence industry, infrastructure and construction," Yoon's office said. Saudi-based Asharq TV quoted the kingdom's investment minister as saying deals signed on Thursday were worth $30 billion. "The (South Korean) government will actively support the successful implementation of cooperative projects which apply Korea's state-of-the-art architecture ... in NEOM," said South Korea's trade minister, Lee Chang-yang. Shares in Lotte Fine Chemical (004000.KS), which signed an agreement for chemical industry cooperation with the Saudi Ministry of Investment, rose 2.1%.

☆ Foreign governments dropped $750,000 on Trump's DC hotel during key lobbying pushes, subpoenaed documents show
▼ + stars: | 2022-11-14 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +2 min

Documents released Monday detail foreign government spending at the Trump Hotel in Washington, DC. The documents show Saudi Arabia and the UAE rented rooms while lobbying the Trump administration. Rep. Carolyn Maloney said the records show Trump may have been "guided by his personal financial interest." Monday's records, which had been subpoenaed by the Democratic-led committee, detail spending that came during key moments in US foreign policy. The Qatari government also spent more than $300,000 at the property during this time, the records show.

☆ Inside Aramco: CNBC explores the world's biggest energy company
▼ + stars: | 2022-11-01 | by ( Dan Murphy | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInside Aramco: CNBC explores the world's biggest energy companyAs the global energy crisis unfolds, CNBC gains access to Saudi Aramco — the world's largest energy company. Dan Murphy got a behind-the-scenes look at the Saudi Kingdom's crown jewel.

RIYADH, Saudi Arabia—Wall Street executives, European bankers and Asian business leaders are arriving here Tuesday for the Saudi kingdom’s flagship investment conference, in a sign that a diplomatic spat with the U.S. isn’t turning off global investors from a petrostate with a roaring economy and growing geopolitical power. JPMorgan Chase & Co. Chief Executive Jamie Dimon and David Solomon , head of Goldman Sachs Group Inc., are high-profile speakers at the conference, known colloquially as Davos in the Desert and officially as Future Investment Initiative. CEOs of the world’s biggest investment firms have also come, including Blackstone Inc.’s Stephen Schwarzman .

☆ Saudi king Salman says kingdom seeks stability and balance in oil markets
▼ + stars: | 2022-10-16 | by ( ) www.reuters.com time to read: 1 min

RIYADH, Oct 16 (Reuters) - Saudi King Salman said on Sunday the kingdom was working hard to support stability and balance in oil markets, including by establishing and maintaining the agreement of the OPEC+ alliance. King Salman bin Abdulaziz said in an address to the kingdom's advisory Shura Council that his country was a mediator of peace and highlighted the crown prince's initiative to release POWs from Russia last month. King Salman also called on Iran to fulfill its nuclear commitments and cooperate with the U.N. nuclear agency. Register now for FREE unlimited access to Reuters.com RegisterReporting by Aziz El Yaakoubi, Nayera Abdallah and Yasmin Hussein; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.

☆ Biden administration asked Saudi Arabia to postpone its OPEC decision by a month, Saudis say
▼ + stars: | 2022-10-13 | by ( Natasha Turak | ) www.cnbc.com time to read: +1 min

US President Joe Biden being welcomed by Saudi Arabian Crown Prince Mohammed bin Salman at Alsalam Royal Palace in Jeddah, Saudi Arabia on July 15, 2022. The Biden administration asked Saudi Arabia, the de-facto leader of oil producer group OPEC, to delay its decision on oil output by a month, the kingdom said in a statement. That means tighter supplies and higher prices at a time of already high inflation and worries of global recession, which angered U.S. lawmakers who are now calling for a "reevaluation" in relations with the Saudi kingdom. In a statement dated Wednesday, the Saudi government defended its move and said all OPEC decisions are based on economic forecasts and needs. The White House has not commented on nor confirmed the Saudi claims concerning the Biden administration's request for a one-month delay on the OPEC+ decision.

☆ Biden threatens 'consequences' for Saudi Arabia after OPEC cut, but his options are limited
▼ + stars: | 2022-10-12 | by ( Natasha Turak | ) www.cnbc.com time to read: +5 min

Washington has since the 1940s provided billions of dollars in military and security aid to Saudi Arabia. A file photo of cannisters containing Patriot missiles to intercept missiles fired at Saudi Arabia or its neighboring countries. We must pull all US troops out of Saudi Arabia, stop selling them weapons & end its price-fixing oil cartel." "The White House has few good options despite Biden's warning of 'consequences' after the cut," he said, noting U.S. lawmakers' threats of anti-trust legislation and removal of U.S. military assets from Saudi Arabia. While both courses of action would send a clear message, this could backfire for both the U.S. and for crude prices.

☆ Saudi king names crown prince as prime minister
▼ + stars: | 2022-09-27 | by ( ) www.reuters.com time to read: +2 min

Saudi Crown Prince Mohammed bin Salman meets with Greek Prime Minister Kyriakos Mitsotakis (not pictured) at the Maximos Mansion in Athens, Greece, July 26, 2022. REUTERS/Louiza VradiSept 27 (Reuters) - Saudi Arabia's King Salman bin Abdulaziznamed his son and heir Prince Mohammed bin Salman as the kingdom's prime minister and his second son Prince Khalid as defense minister, a royal decree said on Tuesday. The reshuffle kept another son, Prince Abdulaziz bin Salman, as energy minister, theroyal decree, carried by state news agency SPA, said. Foreign Minister Prince Faisal bin Farhan Al Saud, Finance Minister Mohammed al-Jadaan and Investment Minister Khalid al-Falih remained unchanged, the decree showed. Prince Khalid bin Salman, MbS's younger brother, previously served as deputy defense minister.

☆ King Salman bin Abdulaziz Al-Saud Fast Facts
▼ + stars: | 2015-02-27 | by ( Cnn Editorial Research | ) edition.cnn.com time to read: +4 min

CNN —Here is a look at the life of Saudi King Salman bin Abdulaziz Al-Saud, who succeeded his half brother King Abdullah bin Abdulaziz on January 22, 2015. October 16, 2018 - US Secretary of State Mike Pompeo visits King Salman and Prince bin Salman in Riyadh to talk about Khashoggi’s death. Saudi officials maintain that King Salman and Prince bin Salman had no involvement. July 15, 2022 - US President Joe Biden visits King Salman and Prince bin Salman in Jeddah. Biden indicates to Prince bin Salman that he believes bin Salman was to blame for the killing of Khashoggi.

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