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US and India’s strengthening bond is weak on trust
  + stars: | 2023-11-30 | by ( Una Galani | ) www.reuters.com   time to read: +4 min
REUTERS/Kevin Lamarque Acquire Licensing RightsMUMBAI, Nov 30 (Reuters Breakingviews) - Trust between the United States and India is eroding. It says it will investigate security concerns aired by the United States. Trying that on the United States would be more consequential: Apple (AAPL.O) and Tesla (TSLA.O) are looking to build supply chains in the country, and the U.S. is the largest market for India’s people-heavy IT services companies. The United States and India may draw a quick line under the murder-for-hire episode, but it will sow a lasting seed of doubt in the relationship. Prosecutors did not name the Indian official.
Persons: Kevin Lamarque, soberly, , Justin Trudeau, Joe Biden, Narendra Modi, Saudi Arabia’s Crown Prince Mohammed bin Salman, Jamal Khashoggi, Nikhil Gupta, , Arindam Bagchi, Neil Unmack, Oliver Taslic Organizations: White, REUTERS, Rights, Reuters, U.S . Department of Justice, U.S, Companies, Micron, General Electric Aerospace, Ottawa, Global, Saudi Arabia’s Crown, Indian, U.S . Justice, New, New York City, Prosecutors, “ Security Management, Thomson Locations: India, Washington , U.S, Rights MUMBAI, United States, Delhi, American, China, Asia, Canada, U.S, Vietnam, Saudi, Istanbul, Manhattan, New York
A huge billboard advertising Riyadh, Saudi Arabia as candidate of the World Expo 2030 is seen in Paris as the host country of The World Expo 2030 will be elected by BIE Member States that will gather in the 173rd General Assembly in Paris, France, November 25, 2023. REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing RightsPARIS, Nov 28 (Reuters) - Saudi Arabia's Riyadh won the right to host the Expo 2030 world fair, vote results showed on Tuesday, in another diplomatic victory for a Gulf country after the Qatar soccer World Cup last year. South Korea's Busan and Italy's Rome were also in the running to host the world fair, a five-yearly event that attracts millions of visitors and billions of dollars in investment. The Saudi capital has proposed to host the event between October 2030 and March 2031. Saudi had in particular won French support, irking Rome.
Persons: Gonzalo Fuentes, Cristiano Ronaldo, Crown Prince Mohammed bin, Prince Faisal bin Farhan Al Saud, Prince Mohammed, Jamal Khashoggi, Emmanuel Macron, Elizabeth Pineau, Michel Rose, Christina Fincher, Richard Chang Organizations: BIE Member, 173rd, Assembly, REUTERS, Rights, Saudi Arabia's, Qatar, Korea's, Riyadh, Busan, Rome, Saudi, Al, Crown, Saudi Foreign, irking, Thomson Locations: Riyadh, Saudi Arabia, Paris, BIE, BIE Member States, France, Saudi, Saudi Arabia's Riyadh, Korea's Busan, Italy's Rome, irking Rome, Lebanon
A huge billboard advertising Riyadh, Saudi Arabia as candidate of the World Expo 2030 is seen in Paris as the host country of The World Expo 2030 will be elected by BIE Member States that will gather in the 173rd General Assembly in Paris, France, November 25, 2023. South Korea's southeastern city of Busan is competing against Saudi Arabia's Riyadh and Italy's Rome. More than one vote will be necessary if no country gets a majority at the first ballot. Italian Prime Minister Giorgia Meloni personally got involved in trying to persuade international leaders to back the Rome bid, giving it her full political backing. Rome is looking to use the Expo as a way of attracting investment, much as Milan did when it successfully hosted the 2015 Expo.
Persons: Gonzalo Fuentes, Roberto Gualtieri, Crown Prince Mohammed bin, Prince Mohammed, Jamal Khashoggi, Yoon Suk Yeol, Giorgia Meloni, Michel Rose, Elizabeth Pineau, Crispian Balmer, Giselda Vagnoni, Hyonhee, Christina Fincher Organizations: BIE Member, 173rd, Assembly, REUTERS, PARIS, Saudi, City, Crown, Paris . South, Thomson Locations: Riyadh, Saudi Arabia, Paris, BIE, BIE Member States, France, Busan, Saudi's Riyadh, Italy's Rome, Italy, South Korea, South, Rome, Saudi, Lebanon, Paris ., Korea, Italian, Milan, Europe, Dubai, Osaka, Japan, Seoul
The Italian reaction to Mr. Infantino’s suggestion was at first “prudent and within a few hours negative,” said Pietro Benassi, who was the prime minister’s most senior diplomatic adviser. Three years later, Saudi Arabia would get its prize anyway. On Oct. 31, after an expedited process that caught its own members by surprise, FIFA confirmed Saudi Arabia was the sole bidder for the 2034 World Cup. To many in soccer, Mr. Infantino’s advocacy for Saudi Arabia was nothing new. In the years since his visit to Rome, he had also pitched the Saudis’ co-hosting idea to Greece; championed multimillion-dollar Saudi investments in soccer; and helped shepherd rules changes that all but assured the kingdom would wind up with the World Cup.
Persons: Conte, Jamal Khashoggi, Infantino’s, , Pietro Benassi, Infantino, Organizations: Saudi, The Washington Post, FIFA Locations: Italy, Egypt, Italian, Cairo, Europe, Saudi Arabia, Rome, Greece, Saudi
Still, the US presence highlighted the deepening ties between Hollywood and the region , as Western media, entertainment, and sports entities have seen major investment in recent years from Saudi, Qatar, and the UAE. Even before October 7, US entities that were receiving investment from the Middle East were reluctant to speak publicly about those relationships. Insider spoke with investors, producers, and other media and entertainment stakeholders about what's next for Hollywood's relationships with Mideast backers. Qatar hasn't seen any recent major deals but earlier this year, Peter Chernin and Providence Equity's production roll-up The North Road received $150 million from the Qatar Investment Authority. "The political nature gets more complicated," an industry insider observer said, noting how countries like Qatar are grabbing headlines for their role in the situation.
Persons: haven't, Jamal Khashoggi, Israel, it's, Knaebel, They're, Greg Silverman's, Silverman, Harry Potter, Chris Nolan's, Abu Dhabi's, Ari Emanuel, Peter Chernin, Jeff Zucker, LIV Golf Organizations: Film, Washington Post, Hollywood, Global Media, Saudi, Stampede Ventures, Warner Bros, Endeavor, Qatar hasn't, Providence, North, Qatar Investment Authority, IMI, CNN, Investment Fund, PGA Locations: Saudi Arabia, American, Jeddah, Saudi, Qatar, UAE, Gaza, Israel, Germany, Silver
GENEVA (AP) — The near certainty that Saudi Arabia will host the 2034 men's World Cup unites two of the most influential men in world sports: the leader of soccer's governing body and the kingdom's crown prince. In the case of Saudi Arabia, U.S.-based journalist Jamal Khashoggi was slain inside the Saudi Consulate in Istanbul in 2018. The men’s World Cup should earn Switzerland-based FIFA more than $10 billion in almost entirely tax-free revenue. “Mohammed bin Salman wants Saudi Arabia to be a hub of anything and everything,” Middle East expert James Dorsey said. Then came the COVID-19 pandemic and FIFA canceled the planned June 2021 relaunch in China of its Club World Cup event.
Persons: Gianni Infantino, Prince Mohammed bin Salman, sportswashing, Jamal Khashoggi, Prince Mohammed, Infantino, King Salman, Prince Mohammed's, “ Abraham, , Donald Trump, ” Infantino, Mohammed's, Cristiano Ronaldo, “ Mohammed bin Salman, James Dorsey, Greece —, , Australia –, they’ve, James Johnson, , Yasser Al Misehal –, Organizations: GENEVA, FIFA, Australia, Qatar, White House, “ Abraham Accords, United Arab, Soccer, Newcastle, Russia, Saudi, ” Football Australia, ” FIFA, FIFA Council, Fox News Locations: Saudi Arabia, Persian, Saudi, U.S, Istanbul, Riyadh, Switzerland, Gulf, Israel, United Arab Emirates, Bahrain, Europe, Swiss, China, Qatar, United States, Canada, Mexico, Egypt, Greece, Africa, South America, Asia, Oceania, Saudi Arabian, Australia
GENEVA (AP) — Saudi Arabia is all but certain to host the men's 2034 World Cup after the Australian soccer federation declined to enter the bidding contest. “We have explored the opportunity to bid to host the FIFA World Cup and — having taken all factors into consideration — we have reached the conclusion not to do so for the 2034 competition,” Football Australia said in a statement. Indonesia’s football association initially showed interest in a joint bid with Australia, potentially alongside Malaysia and Singapore, but that faded when Indonesia instead backed Saudi Arabia. Australia and New Zealand successfully co-hosted the Women's World Cup in July and August. Saudi Arabia also will host the men's Asian Cup in 2027 and has started a widespread construction program to build and renovate stadiums that likely also will be used for the World Cup.
Persons: , LIV, Saudi Crown Prince Mohammed bin Salman, Jamal Khashoggi, Gianni Infantino, Australia —, Minky Worden, ” Worden, ___ Organizations: GENEVA, FIFA, ” Football Australia, Newcastle, Saudi Crown, South America — FIFA, Asian Football Confederation, AFC, Qatar, soccer, Australia, New Zealand, Saudi, Rights Locations: Saudi Arabia, Australian, Saudi, Spain, Portugal, Morocco, South, Asia, Oceania, Australia, Qatar, Malaysia, Singapore, Indonesia, New, Brisbane, Queensland
CBS Archive/Getty Images Woods, 6, sizes up a putt in Los Alamitos, California, in 1982. Getty Images/Getty Images Woods hits a tee shot during the 1995 Walker Cup, an international team event. Alexander Hassenstein/Bongarts/Getty Images Woods plays a shot from the ninth fairway during the 2000 US Open in Pebble Beach, California. David Cannon/Getty Images Woods falls to the ground in pain after hitting a shot at The Barclays in August 2013. Jamie Squire/Getty Images Woods and his son, Charlie, warm up before the final round of the PNC Championship in December 2020.
Persons: Woods, Alan Shipnuck, LIV, ” Shipnuck, ” Bryson DeChambeau, Paul Casey, Crushers, Charles Howell III, Anirban Lahiri, Chris Trotman, “ Tiger’s, “ He’s, he’s, , “ LIV, Greg Norman, Quentin Tarantino, Brooks Koepka, Koepka, David J, Phillip, Mike Douglas, Bob Hope, Jack D, Miller, AP Woods, Rick Dole, Bob Galbraith, David Cannon, Robert Beck, Patrick Murphy, Nike — Woods, Lennox McLendon, Stephen Munday, Earl, Dave Martin, Alexander Hassenstein, Jonathan Ferrey, He's, Andy Lyons, Allsport, Bob May, Fred Vuich, Jack Nicklaus, Nicklaus, Logan Mock, Bunting, Phil Mickelson, Mickelson, Matthew Stockman, Steve Williams, Harry, Williams, Sam, Damian Dovarganes, Rocco, Gary A, Vasquez, Barack Obama, Pete Souza, Stuart Franklin, Elin, Charlie, Ezra Shaw, Eric Gay, Jimmy Fallon, Lloyd Bishop, Arnold Palmer, Chris Condon, Jason Dufner, Lindsey Vonn, Marco Trovati, Lannis, John Amis, Donald Trump, Getty Images Woods, Warren Little, Jamie Squire, Ben Jared, Wally Skalij, Shutterstock Woods, Tiger, Sam Greenwood, Cliff Hawkins, Jonathan Ernst, they’re, Shipnuck, ‘ I’m, Justin Thomas, I’m, , they’ve, what’s, Rory McIlroy, Rory, “ Rory, Bryson DeChambeau, , he’d, DeChambeau, “ Patrick Reed, Sergio García, “ Phil Mickelson, HyFlyers, Suhaimi Abdullah, Jay Monahan, Yasir Al, Rumayyan, Phil Mickelson’s, Jamal Khashoggi, Prince Mohammed bin Salman, Prince, Mohammad Bin Salman, Reed, Garcia Organizations: CNN, CNN Sport, PGA Tour, LIV, Miami, PGA, Saudi, Public Investment Fund, CBS, AP, Tiger, US Junior Amateur, Getty, Los Angeles, Tour, Stanford University, NCAA, Nike —, Las Vegas, Green, Army, Tiger Woods Foundation, Ford, British, Woods Learning, USA, Office, Stanford, NBCU, Bank, Bay, Invitational, Barclays, Trump, Getty Images, PNC, Law, Los Angeles Times, PNC Championship, Hall of Fame, Reuters, HyFlyers GC, Sentosa Golf, European, MBS, Fox News, ” CNN Locations: Los Angeles, Saudi, Delaware, Tiger’s, Los Alamitos , California, Vietnamese, Vietnam, Orange, United States, France, Hamburg, Germany, Pebble Beach , California, St . Andrews, Scotland, Louisville , Kentucky, Fort Bragg , North Carolina, Hoylake, England, Anaheim , California, Woods, Dublin , Ohio, Beaver Creek , Colorado, Atlanta, Rancho Palos Verdes , California, Pacific Palisades , California, Singapore, London, McIroy
Dubbed “Davos in the Desert,” the annual Future Investment Initiative (FII) will welcome about 6,000 participants from more than 90 countries over the next three days. Since the Hamas assault on October 7, Israel has widened its offensive against the Palestinian militant group and other regional enemies. Saudi Arabia’s crown prince Mohammad bin Salman, denied any personal involvement in Khashoggi’s murder but later confirmed it was carried out by Saudi officials. Bin Salman chairs the Public Investment Fund. “Very few people” had canceled plans to attend the conference, according to Richard Attias, the CEO of the FII Institute, the event’s organizer.
Persons: Jamie Dimon, Citigroup’s Jane Fraser, Defense Lloyd Austin, Larry Fink, Goldman Sachs, David Solomon, Noel Quinn, Ray Dalio, Stephen Schwarzman, Harvey Schwartz, Blackstone, Carlyle, “ We’re, it’s, , Fraser, Fink, , Karen E, WeWork, Slack, Jamal Khashoggi, Saudi Arabia’s, Mohammad bin Salman, Bin Salman, bin Salman, Masayoshi, Richard Attias, Young, — Winston Lo, Michelle Toh Organizations: London CNN, , Future Investment Initiative, Defense, Palestinian, Israel Defense Forces, West Bank, HSBC, Citigroup, Saudi, Public Investment Fund, Columbia University’s Center, Global Energy, CNN, Reliance Retail, Softbank’s Vision, Future Investment, FII Institute, Young of Columbia University Locations: Saudi Arabia, Israel, “ Davos, Gaza, Lebanon, Riyadh, Ukraine, Europe, United States, Washington, Russia, Saudi, Istanbul, Kingdom, Hong Kong
Today, with people still struggling to understand the contours of this deeply complicated conflict, the book seems essential. “Because that was absolutely the ambition of the book, to depict real people” rather than villains and saints. Because I admire “A Day in the Life of Abed Salama” so much, I agreed to moderate a talk with Thrall this Thursday in Brooklyn. And in a time of war, particularly a war shrouded in fiercely competing narratives, free speech is more important than ever. And supporters of Israel are hardly alone in creating a censorious atmosphere; particularly on college campuses, it is Zionists who feel silenced and intimidated.
Persons: Nathan Thrall’s, Abed Salama, , Thrall, Salama, Beber Vanunu, Dany Tirza, Jamal Khashoggi, ” Thrall, , Abed Salama ”, I’ve, it’s, ” Andrea Grossman, Viet Thanh Nguyen, Nguyen, gestured, ” Nguyen, didn’t Organizations: New York, West Bank, Crisis, The Guardian . American Public Media, Israel, Boston Palestine Film, Hilton, U.S . Campaign, Palestinian, University of California Locations: Israel, Saudi, Brooklyn, United States, Britain, Angeles, The, 92NY, Manhattan, Palestine, , Houston, Gaza, Davis
Saudi is wild card in Middle East’s new turmoil
  + stars: | 2023-10-18 | by ( George Hay | ) www.reuters.com   time to read: +8 min
Saudi Crown Prince Mohammed bin Salman attends the 18th consultative meeting of the leaders of the GCC & the Gulf summit with the central Asian countries C5, in Jeddah, Saudi Arabia, July 19, 2023. Saudi Press Agency/Handout via REUTERS Acquire Licensing RightsLONDON, Oct 18 (Reuters Breakingviews) - Mohammed bin Salman is the wild card in the Middle East’s new conflict. Saudi Arabia also needs prices above $85 a barrel in order to balance its budget. Saudi Arabia also needs to consider the views of international investors, though. For now, Saudi Arabia can count on the support of global bankers and fund managers.
Persons: Prince Mohammed bin Salman, Mohammed bin Salman, Joe Biden, Benjamin Netanyahu, Israel’s, Biden, Netanyahu, International Energy Agency reckons, Jamal Khashoggi, nix, Larry Fink, JPMorgan’s, Jamie Dimon, Israel, Antony Blinken, Jordan, ” Blinken, , , Hossein Amirabdollahian, Al Jazeera, Peter Thal Larsen, Oliver Taslic Organizations: GCC, Saudi Press Agency, Handout, REUTERS Acquire, Reuters, Hamas, Israel . U.S, MbS, United, Gaza, International Energy Agency, Reuters Graphics Reuters, Saudi, kingdom’s Public Investment Fund, U.S, PGA, Foreign Investment, Telefonica, STC, BlackRock’s, Future Investment, United States, Diplomats, don’t, Palestinian, Israeli, United Arab, Iran’s, Thomson Locations: Saudi, Jeddah, Saudi Arabia, Israel, Iran, Palestinian, Israel ., United States, Gaza, OPEC, Russia, Saudi Aramco, Riyadh, Palestine, United, Amman, Jordan, Bahrain, Qatar, United Arab Emirates, Egypt, Lebanon, America
Some executives are worried about the optics, pointing to an initial statement from Riyadh about the Oct. 7 Hamas attacks that appeared to blame Israel. The diplomatic normalization talks with Israel appear to be on hold, and the crown prince has reportedly begun talks with the Iranian government about preventing the conflict from metastasizing. Meanwhile, Riyadh has been cool to U.S. efforts to restore calm and preserve progress made in the Saudi-Israeli talks. Prince Mohammed reportedly made Secretary of State Antony Blinken wait hours before meeting, and then called for a halt in the “current escalation” of the conflict. Some have suggested that attending would help encourage Saudi Arabia in its modernization push.
Persons: Israel, Prince Mohammed, Antony Blinken, ” Ayham Kamel, DealBook, Jamal Khashoggi, Prince Mohammed’s Organizations: Reuters Locations: Riyadh, U.S, Saudi, Eurasia, East, North Africa, Israel, Saudi Arabia
"Beyond Utopia" attracted interest at Sundance from streamers like Amazon's Prime Video and Netflix. Interest peaked four years ago at the Sundance Film Festival, fueled by Amazon and Netflix, which paid a record $10 million for the Alexandria Ocasio-Cortez doc "Knock Down the House." In the crime realm, WME advised, Netflix was seeking films based on big, well-known cases and scams like "Dahmer" and "Tinder Swindler." Filmmakers point to streamers' self-censorship and 'cold feet' over sensitive topicsSome filmmakers said there are still champions at the streamers for documentaries that push the envelope. "Beyond Utopia" is among a number of recent films that have been snubbed by the big streamers, despite winning awards and buzz.
Persons: Madeleine Gavin, It'll, It's, Gavin, Hulu, Peter Broderick, Hulu didn't, Sundance fests, Broderick, WME, Dahmer, Ted Hope, Hope, Vanessa Hope, Taiwan's, he'd've, Oscar, Bryan Fogel, Jamal Khashoggi, Thom Powers, it's, Keith Ochwat, Ochwat Organizations: Sundance, Netflix, PBS, Sundance Film, Amazon, Alexandria, Paradigm Consulting, Amazon Prime, Apple, Hulu, Hollywood, Gravitas Ventures, & $ Locations: Joy, Congo, arthouses, Hulu, China, Park City, Syria, Russian, Ukraine, Venice
The security risks of a diplomatic visit to Israel were starkly illustrated Monday when Blinken, in his meeting with Netanyahu, was forced to shelter in place after air sirens warned of incoming rockets. Biden, he said, “very much looks forward to discussing it further” during his visit. A visit with ‘strategic importance’In weighing Netanyahu’s invitation with his team, Biden factored in both the symbolism of a visit and its practicalities. Before war in Israel broke out, Biden and Netanyahu were planning to visit in person again at the White House, a personal invitation Biden extended when the two last met in New York City. Speaking to reporters Monday, a spokesperson for the Israel Defense Forces said a visit by Biden would have “strategic importance” for the entire Middle East.
Persons: Joe Biden, Biden, Benjamin Netanyahu, Antony Blinken, Blinken, Israel “, King Abdullah II, Abdel Fattah el, Mahmoud Abbas, , Netanyahu, they’d, John Kirby, ” Blinken, , we’ll, , Biden –, Daniel Hagari, Volodymyr Zelensky, White, Netanyahu –, Jake Sullivan, Israel –, ” Sullivan, Jamal Khashoggi, Saudi Crown Prince Mohammed bin Salman, Khashoggi Organizations: CNN, White, Biden’s, Palestinian, National Security, Israel, Israel Defense Forces, USA, , CBS, Saudi Crown Locations: Israel, Gaza, Tel Aviv, United States, Jordan, Egypt, Rafah, Iran, Lebanon, New York City, Kyiv, Ukraine, Ukrainian, Tehran, Saudi Arabia, Israel’s
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
20 senators are warning President Biden against a defense agreement with Saudi Arabia. The US is considering a defense pact to entice Saudi Arabia to normalize relations with Israel. The New York Times reported last month that the Biden administration is considering a security agreement with Saudi Arabia "resembling those with Japan or South Korea." While saying they share the White House's goal of restoring ties between its two Middle Eastern allies, the senators argue that a defense pact with Saudi Arabia would upend decades of US policy. The effort to normalize relations between Israel and Saudi Arabia was kickstarted during the Trump administration, despite Crown Prince Mohammed bin Salman ordering the killing of an American citizen, Jamal Khashoggi, according to a US intelligence assessment.
Persons: Biden, , Washington's, Chris Murphy of, John Fetterman of, Dick Durbin, Trump, Prince Mohammed bin Salman, Jamal Khashoggi, Axios, Jared Kushner Organizations: Service, The New York Times, Illinois Locations: Saudi Arabia, Israel, Japan, South Korea, Riyadh, Chris Murphy of Connecticut, John Fetterman of Pennsylvania, Saudi, American
Saudi Arabia is pouring billions into sports in a bid to transform its economy. Crown Prince Mohammed bin Salman has made the sector a key part of his Vision 2030 plan. But the reality is that the crown prince has a grander ambition: to level up Saudi Arabia's economic growth. "But Saudi Arabia is piling into other sports too, because they want to achieve a lot in a short period of time." AdvertisementAdvertisementAs Crown Prince Mohammed made clear last week, all this forms part of a broader strategy to supercharge Saudi Arabia's economy through investment.
Persons: Prince Mohammed bin Salman, bankrolled, , Cristiano Ronaldo, Phil Mickelson, Anthony Joshua, , Jamal Khashoggi, they've, Steve Luciano, AP Ronaldo, Al Nassr, Ballon, Karim Benzema, Neymar, Sadio, PIF, LIV Golf, Mickelson, Dustin Johnson, Brooks Koepka, LIV, Joshua, that's, Tyson Fury, Oleksandr Usyk, Frank Warren, Prince Mohammed, Mohammed bin Salman, Leon Neal, Simon Chadwick, Chadwick, megastars, Ronaldo –, Salman, bin Salman, Saudi Arabia –, St Andrews, Nick Kyrgios, who've, Elsa, he'd, they'll Organizations: Newcastle United, Service, Washington Post, Saudi, Investment Fund, Premier League, UEFA Champions League, Saudi Public Investment Fund, Newcastle, AP, Saudi Pro League, Georgetown University Qatar, PGA, WWE, Fox News, SKEMA Business School, Indian Premier League, FIFA Locations: Saudi Arabia, Saudi, England, Riyadh, Brazil, Liverpool, Kingdom, Jeddah, Lille, France, Reiche, Iran, Miami, Augusta, bankroll
Saudi Crown Prince Mohammed bin Salman receives U.S. President Joe Biden at Al Salman Palace upon his arrival in Jeddah, Saudi Arabia, July 15, 2022. Washington could also sweeten any deal by designating Saudi Arabia a Major Non-NATO Ally, a status already given to Israel, the U.S. source said. "Saudi Arabia supports a peace plan for the Palestinians, but this time it wanted something for Saudi Arabia, not just for the Palestinians." SEEKING ISRAELI COMMITMENTSIsrael's Prime Minister Benjamin Netanyahu has hailed the possibility of a "historic" peace with Saudi Arabia, the heartland of Islam. Yet, even if the U.S, Israel and Saudi Arabia agree, winning support from lawmakers in the U.S. Congress remains a challenge.
Persons: Prince Mohammed bin Salman, Joe Biden, NATO Ally, Biden, Washington, Benjamin Netanyahu, Netanyahu, Mahmoud Abbas, Jamal Khashoggi, China, Samia Nakhoul, James Mackenzie, Dan Williams, Ali Sawafta, Aziz El Yaacouby, Steve Holland, Matt Spetalnick, Humeyra Pamuk, Patricia Zengerle, Edmund Blair Organizations: Al, Saudi Royal Court, REUTERS Acquire, Defence, NATO, Saudi, U.S, U.S . Navy Fifth, Saudi Arabia, U.S . State Department, U.S . Atomic Energy, Israel's, MbS, Fox, Israel, West Bank, Palestinian Authority, West, Biden's Democratic Party, Washington Post, Congress, Thomson Locations: Saudi, Jeddah, Saudi Arabia, Bandar, Bahrain, Washington, Israel, United States, U.S, Riyadh, Iran, Tehran, Japan, Egypt, West Bank, East Jerusalem, Yemen, Beijing, Dubai, Jerusalmen
Saudi Arabia's crown prince is shaking up his economy in a move escalating its UAE rivalry. In March, Saudi Arabia unveiled Riyadh Air , a new airline serving as an alternative to the UAE's Emirates and Etihad Airways. If you want to do business with Saudi Arabia or Saudi state-owned entities, you've got to base your regional HQ in Saudi Arabia." "Saudi Arabia sees the separation project in Yemen as a way to let the Houthis control the north and therefore have a more-threatening border at the south of Saudi Arabia." Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERSHow far the rivalry between the two nations goes largely depends on Saudi Arabia's actions.
Persons: Saudi Arabia's, Mohammed bin Salman, Sheikh Mohamed bin Zayed Al Nahyan, MBZ, Obama, You've, Kristian Ulrichsen, Rice, Sheikh Mohamed, Prince Mohammed, Sheikh Mohamed —, , Leon Neal, Shaybah, Ulrichsen, Sheikh Zayed, Sultan Al Nahyan, Abu, Prince Mohammed bin Salman, Neom, Abishur Prakash, Jorg Greuel, Abdullah Alaoudh, Prakash, you've, Saudi Crown Prince Mohammed, Ludovic Marin, Mohammed's, Jamal Khashoggi, Biden, Baker Institute's Ulrichsen, Alaoudh, wouldn't Organizations: United Arab Emirates, UAE, Service, Baker Institute, Saudi, UAE —, Qatar, Dubai, United, Freedom Initiative, UAE's Emirates, Etihad Airways, Saudi Public Investment Fund, Newcastle United FC, English Premier League, Manchester City, Saudi Crown, Getty, Ritz Carlton, Saudi Royal Court, REUTERS, Saudi Aramco, United Nations Locations: Saudi, Wall, Silicon, Saudi Arabia, East, Washington, London, UAE, Persian, Al Ain, British, Qatar, Abu Dhabi, United Arab, Riyadh, Manchester City . Saudi Arabia, New Delhi, Istanbul, Yemen, Iran, Saudi Arabia's, Bandar, Ukraine
About 5,000 delegates are paying $15,000 each to attend an investment conference in Riyadh next month. Growing interest in the conference also underlines Saudi Arabia's rising global influence. The annual event is the largest investment and business conference in the Middle East, and has been compared to Davos – the Swiss ski resort that hosts the World Economic Forum each January. As well as being a forum for discussion, the event is also an accelerator for Saudi investment opportunities. At last year's conference, more than 28 investment deals worth over $9 billion were signed, according to the US-Saudi Business Council.
Persons: Goldman Sachs, Sam Bankman, Jared Kushner, execs, Jamal Khashoggi, Prince Mohammed bin Salman's Organizations: Service, Future Investment Initiative, Street Journal, Economic, Bridgewater Associates, Saudi Business Council, Investment Initiative, FII Institute, Saudi Locations: Riyadh, Saudi, Wall, Silicon, Eastern, Davos, Saudi Arabian, Blackstone, BlackRock, Istanbul, FAYEZ, Saudi Arabia
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
Abu Dhabi, UAE CNN —Saudi Arabia’s Crown Prince Mohammed bin Salman (MBS) said that his country was moving “closer” each day toward reaching a normalization deal with Israel, the first time he has publicly acknowledged the process. We’re gonna see how it goes.”The Biden administration has for several months been in talks with Saudi Arabia on the matter, according to US officials. Saudi Arabia has been strengthening its ties with China as Washington’s rivalry with the Asian nation heats up. “We are the biggest buyer of American armored manufacturing,” he said, adding that Saudi Arabia is “critical” to US arms exports. Saudi Arabia is in the process of changing laws to make them “more realistic” for Saudis, he said.
Persons: UAE CNN — Saudi Arabia’s Crown Prince Mohammed bin Salman, , Biden, don’t, Benjamin Netanyahu, Netanyahu, Joe Biden, Fox News ’ Brett Baier, ” BRICS, BRICS, Jamal Khashoggi, Khashoggi Organizations: UAE CNN — Saudi Arabia’s Crown, Fox News, Saudi, MBS, , West Bank, Wednesday, CNN, Fox, White, America, CIA Locations: Abu Dhabi, UAE, Israel, Saudi, Saudi Arabia, Riyadh, , Iran, Tehran, China, Beijing, Gulf, America, Arabia, West, Russia, Istanbul
WASHINGTON (AP) — Saudi Crown Prince Mohammed bin Salman said in a rare interview with Fox News on Wednesday that negotiations over Israel means the prospects of normalized relations between both countries “get closer" every day, but that treatment of Palestinians remains a “very important” issue to be resolved. Saudi Arabia is discussing a major agreement with the United States to normalize relations with Israel in exchange for a U.S. defense pact and aid in developing its own civilian nuclear program. We think it’s good not just for Israel and Saudi Arabia, we think it’s good for the whole region,” Kirby said. Saudi Arabia has made major progress in winding down its devastating war with Iranian-backed Houthi rebels in Yemen, this week hosting a rebel delegation in the capital, Riyadh. The 38-year-old bin Salman assumed day-to-day rule after the aging King Salman named him next in line to the throne in 2017.
Persons: Prince Mohammed bin Salman, , Bret Baier ”, Joe Biden, Benjamin Netanyahu, Biden, Netanyahu, , bin Salman, we’ve, John Kirby, Saudi Arabia “, ” Kirby, Bin Salman, ” Bin Salman, Jamal Khashoggi, ” bin Salman, Jared Kushner, Donald Trump’s, PIF, Salman, King Salman Organizations: WASHINGTON, , Fox News, MBS, Israeli, General Assembly, West Bank, National Security, Washington Post, Saudi, Fox News Channel, White House, Saudi Arabia's Public Investment Fund, Trump, Arab League Locations: — Saudi, Israel, Saudi Arabia, United States, Palestinian, Saudi, New York, Asia, East, Europe, Iran, Saudi Arabi, Western, Yemen, Riyadh, Syria, America
India entry into geopolitical storm will be costly
  + stars: | 2023-09-19 | by ( Una Galani | ) www.reuters.com   time to read: +4 min
MUMBAI, Sept 19 (Reuters Breakingviews) - India may pay a price from getting caught in the eye of a geopolitical storm, but it may be a small one. New Delhi has dismissed as “absurd” Canada’s allegation of its involvement in the June murder in British Columbia of a Sikh separatist leader that India had branded a “terrorist”. A trade deal with India, now stalled, may have helped Ottawa pivot away from the People’s Republic a little bit faster. But India accounted for barely $6.5 billion, or less than 1% of Canada’s trade with the world in 2020. Canada also expelled India's top intelligence agent following the row, while India expelled a senior Canadian diplomat.
Persons: Sajjan Jindal’s, Joe Biden, Narendra Modi, Jamal Khashoggi, Crown Prince Mohammed bin Salman, , Tesla, Hardeep Singh Nijjar, Justin Trudeau, Nijjar, , Trudeau, Lisa Jucca, Streisand Neto Organizations: Reuters, Resources, Crown, Canada, Apple, U.S . National Security Council, Thomson Locations: MUMBAI, India, New Delhi, British Columbia, China, Ottawa, People’s Republic, American, Vancouver, Australia, Canada, United States, Delhi, Saudi Arabia, Saudi, Istanbul . U.S, Canadian
[1/4] Saudi Crown Prince Mohammed bin Salman receives U.S. President Joe Biden at Al Salman Palace upon his arrival in Jeddah, Saudi Arabia, July 15, 2022. Biden would also score a foreign policy win as he seeks re-election in November 2024. The focus is on Biden’s fellow Democrats who have condemned Saudi Arabia over human rights but whose support would be needed if any agreement requires congressional approval. Though foreign policy rarely sways U.S. elections, Biden, facing a re-election fight against Republican former president Donald Trump, may be thinking of his legacy. Murphy, a Democrat on the Senate Foreign Relations Committee, said he favors Israeli-Saudi normalization and is open to reviewing any broader agreement but would not be easily convinced.
Persons: Saudi Crown Prince Mohammed bin Salman, Joe Biden, Biden, Joe Biden’s, Israel, , , Jonathan Panikoff, government’s, Biden’s, Washington, Benjamin Netanyahu, Donald Trump, Aaron David Miller, Prince Mohammed bin Salman, Jamal Khashoggi, Chris Murphy, Murphy, Jared Kushner, Trump, Abraham, Netanyahu, Matt Spetalnick, Steve Holland, Patricia Zengerle, Dan Williams, Nick Zieminski Organizations: Saudi Crown, Al, Saudi Royal Court, REUTERS, Rights, Atlantic Council, Saudi, Israel, Republicans, Israeli, Republican, Carnegie Endowment, International Peace, SAUDI, MbS, NATO, Reuters, Democrat, Senate Foreign Relations, Abraham Accords, Middle, General, Trump, Biden, Thomson Locations: Jeddah, Saudi Arabia, Bandar, Israel, U.S, Riyadh, Iran, Gulf, East, Russia, Ukraine, Saudi, Yemen, , United States, Washington, Jerusalem
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