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☆ Iran aided Russia against Ukraine. Now it needs to call in the favor
▼ + stars: | 2024-10-21 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

Russia is unlikely to offer military intervention against Israel on behalf of the Iranians, Saab said, given it is already "too bogged down in Ukraine." In return for Iran's support, Russia has bolstered Iran's military capabilities in several areas, they noted: "Iran has made notable progress in acquiring advanced conventional weaponry from Russia, allowing it to achieve some of its defense officials' long-standing goals. Iranian protesters shout anti-Israeli slogans while burning an Israeli flag in a celebration for Iran's missile attack against Israel, in Tehran, Iran, on October 1, 2024. That shared antipathy toward the U.S. and desire to create a "new world order" are what largely binds Iran and Russia. Russia cannot — and will not — save Iran in its confrontation with Israel and the United States," he noted.

Persons: Vladimir Putin, Masoud Pezeshkian, Israel, Bilal Y, They've, Saab, It's, Karim Sadjadpour, Nicole Grajewski, Su, John Kirby, Morteza, Mikhail Svetlov, Bashar al, Nikita Smagin, Saudi Arabian Crown Prince Mohammed bin Salman Organizations: Getty, CNBC, Saab, North Africa, Israel, Kremlin, Carnegie Endowment, International Peace, Security, Ukraine, Nurphoto, United, Base, Russian International Affairs Council, Saudi Arabian Crown, Royal, Anadolu Locations: Ashgabat, Turkmenistan, Iran, Ukraine, Tehran, Russia, Islamic Republic, East, United States, Russian, U.S, Ukrainian, Gaza, Lebanon, Israel, Iranian, Yemen, Syria, Saudi Arabia, United Arab Emirates, Syria's, Moscow, Saudi, Al Yamamah, Riyadh

☆ 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

☆ Brent oil gains after Iran's President dies, Saudi flags issue with King's health
▼ + stars: | 2024-05-20 | by ( ) www.cnbc.com time to read: +3 min

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

☆ Blinken to travel to Saudi Arabia amid stalled negotiations between Israel and Hamas
▼ + stars: | 2024-04-27 | by ( Samantha Waldenberg | ) edition.cnn.com time to read: +2 min

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

☆ Saudi Arabia eyes stake in $30 bln Indian Premier League - Bloomberg News
▼ + stars: | 2023-11-03 | by ( ) www.reuters.com time to read: +1 min

Nov 3 (Reuters) - Saudi Arabia has expressed interest in buying a multibillion-dollar stake in the Indian Premier League (IPL), the world's richest cricket league, Bloomberg News reported on Friday, citing people familiar with the matter. Saudi Arabian Crown Prince Mohammed bin Salman's advisers have spoken to Indian government officials about moving the IPL into a holding company valued at as much as $30 billion, the report said. The Board of Control for Cricket in India (BCCI), the custodian of the IPL, did not immediately respond to Reuters' request for a comment. IPL is one of the richest leagues in the world and has been attracting top players and coaches to India since its inaugural edition in 2008. Reporting by Nilutpal Timsina in Bengaluru; Editing by Shinjini Ganguli and Shilpi MajumdarOur Standards: The Thomson Reuters Trust Principles.

Persons: Saudi Arabian Crown Prince Mohammed bin, Nilutpal, Shinjini Ganguli, Shilpi Majumdar Organizations: Indian Premier League, Bloomberg, Saudi Arabian Crown, IPL, Control, Cricket, BCCI, Reuters, Thomson Locations: Saudi Arabia, Saudi, India, Bengaluru

WASHINGTON (AP) — The White House said Tuesday that “prudent contingency planning” is underway to evacuate Americans from the Middle East in case the Israel-Hamas war spreads into a broad regional conflict. “And certainly evacuations are one of those things.”The White House addressed the contingency plans amid growing concerns that the 18-day-old Israel-Hamas war could further escalate. “The two leaders agreed on pursuing broader diplomatic efforts to maintain stability across the region and prevent the conflict from expanding,” the White House added. But talks were interrupted after Hamas militants stormed from the blockaded Gaza Strip where Palestinians live into nearby Israeli towns. “This is a happy occasion," Biden said at the start of the White House ceremony.

Persons: John Kirby, ”, ” Kirby, Israel, Joe Biden, Saudi Arabian Crown Prince Mohammed bin Salman, Biden, ” Biden, Israel ”, Sheldon Weinbaum, “ Organizations: WASHINGTON, White, National Security, U.S, The Washington Post, Saudi Arabian Crown, Hamas, Biden, Pentagon, Gaza, City College of New, West Bank Locations: Israel, U.S, Gaza, Iran, Lebanon, Iraq, Yemen, Saudi Arabia, Washington, United States, City College of New York, israel

[1/5] Smoke is rising after an Israeli strike on Gaza seen from a viewpoint in Southern Israel October 24, 2023. US, RUSSIA OFFER RIVAL PROPOSALSAt the United Nations, the United States and Russia put forward rival plans on humanitarian aid for Palestinian civilians. Washington has called for pauses and Russia wants a humanitarian ceasefire. Arab states firmly back a call for a humanitarian ceasefire amid widespread destruction of Gaza's buildings in Israel's aerial bombardment. United Nations Secretary-General Antonio Guterres last week called for an immediate humanitarian ceasefire in Gaza.

Persons: Violeta Santos Moura, Joe Biden, Saudi Arabian Crown Prince Mohammed bin Salman, Israel, Iran's U.N, Amir Saeid Iravani, Antony Blinken, Vassily Nebenzia, Sameh Shoukry, Antonio Guterres, Justin Trudeau, Nidal al, Emily Rose, Andrew Mills, Michelle Nichols, Humeyra Pamuk, Grant McCool, Howard Goller, Cynthia Osterman Organizations: REUTERS, UN, Tuesday, Saudi Arabian Crown, White, West Bank, Washington, Security, United Nations, Palestinian, UNRWA, quicken, U.S, Hamas, Thomson Locations: Gaza, Southern Israel, Iran, Israel, Russia, Saudi, GAZA, JERUSALEM, United States, Canada, Palestinian, Egypt, U.S, Lebanon's Iran, Lebanon, Iran's, RUSSIA, Washington, Ottawa, Gulf

☆ The Israel-Hamas war is exposing the new limits and challenges to US power
▼ + stars: | 2023-10-17 | by ( Tom Porter | ) www.businessinsider.com time to read: +7 min

Russia and China are seeking to exploit the Israel-Hamas war. The US is embarking on a mission to prevent the war from escalating into a wider conflict. AdvertisementAdvertisementAmid the brutal war between Israel and Hamas, US President Joe Biden has sought to project strength. But the new conflict threatens to starkly expose the limits of the US' influence in the region, where for decades it was the unchallenged international power. AdvertisementAdvertisementInto the perceived power vacuum, Russia and China have stepped, seeking to project their influence and undermine the US.

Persons: —, Joe Biden, Sergei Lavrov, Khaled Mechaal, NATALIA KOLESNIKOVA, Vladimir Putin, Xi Jinping, Israel, Biden, Antony Blinken, Crown Prince Mohammed bin Salman, Mohamed bin Salman, Gordon Flake Organizations: Service, Hamas, Saudi Arabia —, Getty Images, US, Crown, U.S, Royal, Anadolu, Getty, The Washington Post, USAsia, University of Western, Wall Street Locations: Russia, China, Israel, Saudi Arabia, Iran, Russian, Moscow, AFP, Getty Images Russia, Syria, Beijing, Ukraine, Europe, Taiwan, Gaza, The Tehran, Riyadh, Saudi, Qatar, Gulf, University of Western Australia

☆ How Saudi Crown Prince Mohammed bin Salman went from pariah to pragmatic diplomat
▼ + stars: | 2023-10-07 | by ( Polly Thompson | ) www.businessinsider.com time to read: +10 min

Saudi Crown Prince Mohammed bin Salman is trying to transform the oil-rich Persian Gulf kingdom. AdvertisementAdvertisementSaudi Crown Prince Mohammed bin Salman is on a mission to transform his country. Billboards show portraits of Saudi Arabian Crown Prince Mohammed bin Salman (R) and his father and Saudi Arabia's King Salman bin Abdulaziz. US President Joe Biden (L) being welcomed by Saudi Arabian Crown Prince Mohammed bin Salman (R) at Alsalam Royal Palace in Jeddah, Saudi Arabia on July 15, 2022. President Joe Biden gives Saudi Crown Prince Mohammed bin Salman a handshake at the G20 summit this September.

Persons: Prince Mohammed bin Salman, he's, —, Prince Mohammed didn't, King Salman, Fahda bint Falah, Saud, Saudi Arabian Crown Prince Mohammed bin Salman, Saudi Arabia's King Salman bin Abdulaziz, AAMIR QURESHI, Muhammad bin Nayef, Prince Mohammed, Rash, Chris Doyle, GIUSEPPE CACACE, Doyle, he'd, Jamal Khashoggi, Emmanuel Macron, Joe Biden, Prince Mohammed a, Grant Shapps, Vladimir Putin's, Sanam Vakil, Biden, Evelyn Hockstein, Vakil, Duaa, Pierre Crom, Dhainy, Prince Organizations: Service, Saudi, King Saud University, Saudi Arabian Crown, Guardian, Ritz, Carlton, Council, Arab, CIA, Royal, Anadolu Agency, Bloomberg, Washington, Chatham House, Associated Press, Fox News, European Saudi Organization for Human Rights, MBS, United Nations, Getty Images, Human Rights Locations: Saudi, Saudi Arabia, Yemen, Riyadh, British, Istanbul, Jeddah, Ukraine, Iran, China, Israel, East, North Africa, Delhi, Neom, The Hague, Netherlands, Getty Images Saudi Arabia

☆ 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 does not care about 'sportswashing' claims
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +2 min

U.S. Secretary of State Antony Blinken (not pictured) meets with Saudi Crown Prince Mohammed bin Salman, in Jeddah, Saudi Arabia, June 7, 2023. "If sportswashing (is) going to increase my GDP by 1%, then we'll continue doing sportswashing," the crown prince told Fox News. Saudi Arabia denies accusations of human rights abuses and says it protects its national security through its laws. When asked specifically about the term "sportswashing", the crown prince said: "I don't care. Saudi Arabia has been hosting a Formula One Grand Prix since 2021 and has also held boxing world title fights.

Persons: Antony Blinken, Saudi Crown Prince Mohammed bin Salman, Saudi Arabian Crown Prince Mohammed bin Salman, we'll, PIF, LIV, Hritika Sharma, Michael Perry Organizations: Saudi Crown, Saudi Royal Court, REUTERS, Saudi Arabian Crown, Fox News, Public Wealth Fund, Premier League, Newcastle United, PGA, Saudi Pro League, Thomson Locations: Jeddah, Saudi Arabia, Bandar, Saudi, Hyderabad

☆ 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 Crown Prince Says Getting 'Closer' to Israel Normalization -Fox Interview
▼ + stars: | 2023-09-20 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +2 min

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. Both leaders also said Iran could not be allowed to acquire a nuclear weapon. (Reporting by Rami Ayyub and Matt Spetalnick; Editing by Leslie Adler and Josie Kao)

Persons: Matt Spetalnick, Rami Ayyub WASHINGTON, Saudi Arabian Crown Prince Mohammed bin Salman, Israel, Joe Biden’s, ”, Biden, Benjamin Netanyahu, Rami Ayyub, Leslie Adler, Josie Kao Organizations: Saudi Arabian Crown, Fox, MbS, Israeli Locations: Saudi, U.S, Israel, Iran, Saudi Arabia, Riyadh, Tehran, Gulf

☆ 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

☆ Saudi crown prince meets Iran's foreign minister as relations thaw
▼ + stars: | 2023-08-18 | by ( ) www.reuters.com time to read: +3 min

Footage of the meeting on Iranian state media showed MbS and Amirabdollahian smiling as they spoke, while Prince Faisal and the Iranian delegation looked on. Saudi state news agency SPA said they discussed international and regional developments. [1/3]Saudi Crown Prince, Mohammed bin Salman meets with Iranian Foreign Minister Hossein Amir-Abdollahian in Jeddah, Saudi Arabia August 18, 2023. Prince Faisal visited Tehran in June and said he hoped Iranian President Ebrahim Raisi would visit the kingdom at the "appropriate time". Saudi Arabia had meanwhile lost confidence in U.S. commitment to shared regional security concerns and wanted to bolster ties with China, which has retained good relations with Iran.

Persons: Saudi Arabian Crown Prince Mohammed bin Salman, Hossein Amirabdollahian, Amirabdollahian, Prince Faisal bin Farhan, Mohammed bin Salman, Prince Faisal, Saudi Crown Prince, Hossein Amir, Ebrahim Raisi, Ayatollah Ali Khamenei, General Antony Blinken, Angus McDowall, Mark Potter, Conor Humphries Organizations: Saudi Arabian Crown, Saudi, MbS, Saudi Crown, Iranian, Iran's Foreign, West Asia News Agency, REUTERS Acquire, Iran's, U.S, Dubai Newsroom, Thomson Locations: DUBAI, Saudi, Jeddah, United States, Iraq, Syria, Lebanon, Yemen, Bahrain, Abdollahian, Saudi Arabia, China, Tehran, Iran, Ukraine, Beijing, East

☆ Saudi crown prince meets Iran's foreign minister
▼ + stars: | 2023-08-18 | by ( Reuters Editorial | ) www.reuters.com time to read: 1 min

PoliticsSaudi crown prince meets Iran's foreign ministerPostedSaudi Arabian Crown Prince Mohammed bin Salman met Iranian Foreign Minister Hossein Amirabdollahian in Jeddah on Friday (August 18) in the highest level talks since the countries reconciled after years of bitter rivalry that destabilised the region.

Persons: Saudi Arabian Crown Prince Mohammed bin Salman, Hossein Amirabdollahian Organizations: Saudi Arabian Crown Locations: Saudi, Iranian, Jeddah

☆ 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

☆ Saudi golf shot plays through CFIUS hazards
▼ + stars: | 2023-07-14 | by ( Jennifer Saba | ) www.reuters.com time to read: +8 min

U.S. congressional lawmakers scrutinized PGA Tour officials on Tuesday this week about the group’s tie-up with a rival golf tournament owned by Saudi Arabia. Enter the Saudis, who launched an upstart golf tournament last year, LIV Golf, that competed with the U.S.-based PGA Tour and its European counterpart DTP. There are worries that Saudi Arabia, a regime viewed as hostile to women and LGBTQ groups, would have significant sway over golf’s culture. LIV Golf is owned by Saudi Arabia Public Investment Fund. Former AT&T Chief Executive Randall Stephenson resigned from the PGA Tour policy board, the Washington Post reported on July 9.

Persons: State Condoleezza Rice, Darla Moore, Covid, LIV Golf, Phil Mickelson, Brooks Koepka, Yasir Al, Ed Herlihy, Wachtell, Lipton, Katz, hasn’t, Randall Stephenson, Jamal Khashoggi, ”, Richard Blumenthal, –, Sherrod Brown, Maxine Waters, Janet Yellen, LIV Golf’s, Joe Biden hasn't, Saudi Arabian Crown Prince Mohammed bin Salman, Khashoggi, Uncle Sam, Refinitiv, China’s ByteDance, LIV, Stephenson, Lauren Silva Laughlin, Sharon Lam Organizations: YORK, Reuters, Public Investment Fund, Augusta National Golf Club, State, U.S, PGA, LIV, Rosen, Breakingviews, Former AT, PGA Tour, Saudi, Department of Justice, Foreign Investment, U.S . Treasury, Saudi Arabian Crown, Walmart, Visa, Uber Technologies, Nation Entertainment, National Basketball League, Houston Rockets, People’s, NBA, backtrack, FIFA, Qatar, The Justice Department, Treasury, Committee, Homeland Security, Governmental Affairs, Saudi Arabia Public Investment Fund, T, Washington Post, Thomson Locations: Saudi Arabia, United States, American, U.S, South Carolina, Iran, China, Saudi, Hong Kong, People’s Republic, Beijing

☆ Saudi's crown prince promised pain for the US if it retaliated against oil cuts, report says. His threat seems to have paid off.
▼ + stars: | 2023-06-09 | by ( Tom Porter | ) www.businessinsider.com time to read: +4 min

Saudi Arabian Crown Prince Mohammed bin Salman threatened the US amid an oil price dispute, leaks say. The crown prince is seeking to assert a more independent path from the US. In turn, Crown Prince Mohammed has mocked Biden behind his back, reported The Wall St. Journal, and believes he can secure nuclear technology from the US by playing rival powers off against each other. But Cafiero told Insider that despite marked differences and apparent personal antipathy between Biden and Crown Prince Mohammed, the Saudis remain committed to working with the US. "While the crown prince wants to work with Washington, he doesn't want anyone in the US to view Saudi Arabia as America's puppet state," he remarked.

Persons: Saudi Arabian Crown Prince Mohammed bin Salman, —, State Anthony Blinken, Saudi Arabia's Crown Prince Mohammed bin Salman, Joe Biden, Biden's, it's, Biden, Giorgio Cafiero, Mohammed bin Salman, Cafiero, Jamal Khashoggi, Prince Mohammed Organizations: Saudi, Saudi Arabian Crown, Service, State, Saudi Arabia's Crown, State Department, CNN, The Washington Post, US, Washington , D.C, White House, White, Analytics, Biden, Washington Post, ., Washington Locations: Saudi Arabian, Riyadh, Saudi, Russia, Washington ,, China, Washington, Gulf, Saudi Arabia, Kingdom, America

☆ PGA Tour-LIV Golf merger is a major win for the Saudis — and Americans are slamming it
▼ + stars: | 2023-06-07 | by ( Natasha Turak | ) www.cnbc.com time to read: +8 min

It's lured some of the biggest golf stars away from the PGA Tour with huge paychecks, spurring antitrust lawsuits with the American organization. "This is Saudi Arabia buying the PGA tour," sports talk show host Rich Eisen said in his broadcast after hearing the news. USA Today sports columnist Christine Brennan called the move "a total wimp-out by the PGA Tour. Glyn Kirk | AFP | Getty ImagesSocial media was rife with self-described golf fans vowing to never again watch the PGA Tour. Pro golfer Phil Mickelson, another member of the LIV Tour, tweeted "Awesome day today" in response to the news.

Persons: LIV Golf, that's, —, LIV, Saudi Crown Prince Mohammed bin Salman, It's, Jay Monahan, Rich Eisen, Pat Welter, it's, Christine Brennan, Tiger Woods, Glyn Kirk, Ron Wyden, Chris Murphy, Jamal Khashoggi, Saudi LIV, Monahan, Saudi Arabian Crown Prince Mohammed bin Salman, Jim Watson, Bryson DeChambeau, DeChambeau, Phil Mickelson, Jeffries, Yasir Al, Cristiano Ronaldo, Saudi Arabia's, Al Organizations: PGA Tour, Saudi, LIV Players, PGA, Saudi Arabia's Public Investment Fund, Saudi Crown, CNBC, Twitter, 150th, St, AFP, Getty, LIV, Washington Post, Amnesty, Saudi Arabian Crown, Saudi Embassy, Washington D.C, Saudi Foreign Ministry, CNN, Royal, Anadolu Agency, Getty Images Investment, Rumayyan, Nassr Football Club, Al Nassr Football Locations: Saudi Arabia, North Carolina, Saudi, Scotland, Oregon, Connecticut, American, Washington ,, Washington, videoconference, Riyadh, PIF, Portuguese

☆ Abu Dhabi’s gas IPO displays the merits of caution
▼ + stars: | 2023-03-13 | by ( ) www.reuters.com time to read: +1 min

Shares of Abu Dhabi National Oil Company’s gas processing spinoff jumped 18% on their IPO debut on Monday, valuing the company at 214 billion dirhams ($58 billion). ADNOC Gas (ADNOCGAS.AD) may be the chunkiest Gulf listing since Saudi Aramco’s (2222.SE) $1.7 trillion equivalent in 2019, but it was more sensibly priced. Aramco’s problem was that Saudi Arabian Crown Prince Mohammed bin Salman had already decreed that it should be worth $2 trillion. ADNOC Gas, by contrast, has a prospective yield of 5.6%, in line with local rivals and more in keeping with Western energy rivals. If anything, ADNOC Gas could be worth even more.

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.

☆ One of the best bets in real estate is no longer a sure thing
▼ + stars: | 2022-12-06 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

The sure thing that's no longer a sure thing. But the shine is starting to come off what is considered one of the safest, and smartest, bets in real estate. The two largest single-family rental REITs — Invitation Homes and American Homes for Rent — have recently seen their ratings downgraded by Wall Street analysts, Insider's Alex Nicoll reports. More on the potential deal, which also might have participation from a former Wall Street CEO. If you want to leave Wall Street but don't know where to start, read this.

[1/2] Saudi Arabia Crown Prince and Prime Minister Mohammed bin Salman Al Saud arrives to attend the APEC Leader's Informal Dialogue with Guests during the APEC 2022 in Bangkok, Thailand, 18 November 2022. U.S. Secretary of State Antony Blinken said on Tuesday the immunity decision did not speak to a review of Washington's relationship with Saudi Arabia, which was ongoing. HISTORIC LOWSaudi ties with the United States and the wider West are still at a historic low point. When Saudi Arabia consequently took its security into its own hands with its war in Yemen, it saw Western criticism as hypocritical. Saudi Arabia would likely still prefer to have a U.S. security umbrella.

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