Page 2 - Mohammed Bin Salman

Biden to Kishida, what G20 leaders had to say about economic corridors

From strengthening connectivity to enabling global cooperation, leaders a the 2023 G20 Summit speak about the progress, achievement and potential of partnership of global infrastructure and investment

Ronaldo to Neymar: Saudi Arabia is changing football one player at a time

Saudi Pro League has signed at least 22 big names from European football since January. The contracts are also bigger than usual. How is it doing so, and why?

Saudi prince MBS warned US of economic pain amid oil feud last year: Report

After Biden said it would impose penalties on Saudi Arabia for slashing oil production, MBS allegedly said he would not deal with the US anymore

China oils a West Asian deal

The US, currently obsessed with its campaigns against Russia and oil, may respond over time. But Iran and Israel are both capable of surprise manoeuvres

As West Asia looks beyond America, Xi may be headed to Saudi Arabia

Xi will visit Saudi Arabia from Dec. 7-9, when he will take part in a regional summit with Saudi Crown Prince Mohammed bin Salman and other Arab leaders

US court dismisses lawsuit against Saudi prince over journalist's killing

A US federal judge on Tuesday dismissed a lawsuit against Saudi Crown Prince Mohammed bin Salman in the killing of US-based journalist Jamal Khashoggi, bowing to the Biden administration's insistence that the prince was legally immune in the case. District of Columbia US District Judge John D Bates heeded the US government's motion to shield Prince Mohammed from the lawsuit despite what Bates called credible allegations of his involvement in Khashoggi's murder. A team of Saudi officials killed Khashoggi inside the Saudi consulate in Istanbul in 2018. Khashoggi, a columnist for The Washington Post, had written critically of the harsh ways of Prince Mohammed, Saudi Arabia's de facto ruler. The US intelligence community concluded the Saudi crown prince ordered the operation against Khashoggi. The killing opened a rift between the Biden administration and Saudi Arabia that the administration has tried in recent months to close, as the US unsuccessfully urged the kingdom to undo oil ...

Toshkhana controversy: Want to return Graff watch, says Dubai businessman

A Dubai-based businessman, who claimed that he bought a multi-million dollar luxury watch gifted to former Pakistan prime minister Imran Khan by Saudi Crown Prince Mohammed bin Salman, on Monday said that he wants to return the prized possession to its rightful owner. The expensive Graff wristwatch, worth USD 2 million, was part of the gifts whose alleged sale landed Khan to the Toshkhana controversy, which resulted in his disqualification from contesting elections after he was charged with making "false statements and erroneous declarations". The businessman Umar Farooq Zahoor has claimed that he bought the watch from Khan through his trusted family friend, Farah Gig, after paying a hefty amount of money. However, he now regrets the decision and is willing to part with it to end the controversy surrounding the watch in Pakistan. As an ordinary Pakistani, and as a token of gratitude toward Saudi Arabia, if given the opportunity, I would like to return this watch to its rightful own

Pak PM leaves for Saudi; to attend summit, hold talks with Crown Prince

Pakistan Prime Minister Shehbaz Sharif on Monday left for a two-day visit to Saudi Arabia to attend a key investment summit and hold bilateral talks with Saudi Crown Prince Mohammed bin Salman. The Saudi Future Investment Initiative Summit, often referred to as Davos in the Desert' aims to lure in investors to the desert kingdom. The summit has been an annual feature since 2017. Confirming his attendance at the summit, the PM tweeted: The present state of the global economy needs new thinking and bold vision to overcome the irritants and forge new paths. There are serious concerns about the threat of global recession hitting the economies. The pandemic and climate-induced disasters have already put immense strains on developing countries. High time the world explored solutions to the deepening challenges through candid dialogue, Sharif said in the tweet. Sharif during his travel to Saudi is being accompanied by Finance Minister Ishaq Dar and other officials and would try to convinc

Saudi PM Mohammad bin Salman likely to visit India next month: Reports

Prime Minister of the Kingdom of Saudi Arabia and Crown Prince, Mohammed bin Salman, is expected to visit India next month, according to reports

India, Saudi Arabia explore renewable energy projects via undersea cables

Saudi Energy Minister Prince Abdulaziz bin Salman, who will be visiting India on Friday, will discuss cross-country renewable energy projects

Saudi Arabian King appoints Crown Prince Mohammed bin Salman as PM

Saudi Arabian King Salman bin Abdulaziz Al Saud has appointed Crown Prince Mohammed bin Salman as the kingdom's Prime Minister

Goyal to visit Saudi for ministerial meet of economic, investment committee

India and Saudi Arabia are expected to formulate a plan of action for strengthening bilateral cooperation in different areas and projects, including the west coast refinery project, an official statement said on Saturday. The issue will come up during the meeting between Commerce and Industry Minister Piyush Goyal and Minister of Energy of Saudi Arabia Prince Abdul Aziz Bin Salman on September 18-19. They would co-chair the inaugural ministerial meeting of the Economic and Investments Committee. The two ministers are expected to discuss the progress made under the various joint working groups of the economic and investment committee, the commerce ministry said. "Both sides are expected to formulate plan of action for further strengthening bilateral cooperation in an array of priority areas and projects, including the West Coast Refinery Project, Trans-ocean grid connectivity, Green Hydrogen, Food security, energy security and pharmaceuticals," it said. They may also accelerate ...

PM Modi renews invitation to Saudi Crown Prince Mohammed to visit India

Ahead of the National Day of Saudi Arabia, Prime Minister Narendra Modi has conveyed his greetings to Crown Prince Mohammed bin Salman and renewed the invitation to him to visit India at an early date. External Affairs Minister S Jaishankar who just concluded his first official visit to Saudi Arabia and held talks with the top leadership here discussed measures for enhancing bilateral relations across all domains, including political, trade, energy, defence and security, the Indian embassy here said in a press release. He met the Saudi Crown Prince in Jeddah on Sunday and handed over a written message from Prime Minister Modi, conveying greetings on the upcoming National Day of Saudi Arabia on September 23 and reiterating invitation to the Crown Prince to visit India at an early date, the press release said. Crown Prince Mohammed paid his first State visit to India in February 2019. During the meeting, bilateral relations between the two countries and opportunities for enhancing th

Saudi sovereign wealth fund buys $7-bn US stocks amid recession fears

The $620 billion Public Investment Fund also added to positions it held in Facebook Inc. owner Meta Platforms Inc., PayPal Holdings Inc. and Electronic Arts Inc. in the second quarter

Oil, geopolitics, and climate change

Crude oil still commands its place in the fuel market, but investments in oil exploration have gone down as concerns about climate change grow

US President Joe Biden's Saudi lesson: The only path runs through MBS

Social changes have galloped ahead much faster than most Saudis expected

Alwaleed bin Talal: The Saudi investment king who no longer rules alone

For years, Saudi Arabia's self-styled Warren Buffett, has made hundreds of millions of dollars by investing in companies from Citigroup to Uber to Twitter with almost complete autonomy

Biden to visit Israel and Saudi Arabia next month, meet Prince Salman

Biden plans to meet with the Crown Prince Mohammed bin Salman, the de facto ruler of the kingdom, according to a senior administration official who briefed reporters on the condition of anonymity.

Saudi Arabia is planning the largest buildings ever constructed at $500 bn

Neom, the brainchild of Saudi Crown Prince and de facto ruler Mohammed bin Salman, aims to build twin skyscrapers about 500 meters (1,640 feet) tall

Octogenarian Saudi king admitted to hospital for colonoscopy, asked to rest

King Salman's health is closely watched because he holds absolute power in the kingdom.