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June 11, 2021

Saudi Arabia

Jeff Bezos exposed as the king of fake news

NYPost
Post Editorial Board Wow: It now looks like Jeff Bezos and his damage-control team just made up not one but two whole stories to deflect coverage of his affair with a then-married woman: one, a claim that the Saudis had hacked his phone to get telling texts and revealing photos;......

Op-ed: Biden has a historic opportunity in the Middle East to foster peace and economic progress

CNBC
CNBC – For more and to sign up click here President Biden’s long years of Senate and White House experience taught him that the Middle East could be quicksand for his presidential ambitions.  So, it was no accident his Mideast goals were modest and aimed at avoiding resource-draining distractions from his......

5/20: CBS Evening News

CBS News
CBS News – For more and to sign up click here 5/20: CBS Evening News – CBS News Watch CBSN Live President Trump and the first lady arrive in Saudi Arabia; Brooklyn street artist’s painting sells for $110.5 million Be the first to know Get browser notifications for breaking news,......

Saudi crown prince says the kingdom’s in talks to sell 1% of Aramco to a ‘leading global energy’ firm

CNBC
CNBC – For more and to sign up click here Oil tanks at an oil processing facility of Saudi Aramco, a Saudi Arabian state-owned oil and gas company, at the Abqaiq oil field. Stanislav Krasilnikov | TASS via Getty Images Saudi Arabia is in talks to sell 1% of state-backed......

Media cheers a return to the failed Iran deal: Goodwin

NYPost
Michael Goodwin A Monday New York Times front page headline on the explosion at a key Iranian nuclear facility claimed the “Attack May Hurt Efforts to Reboot 2015 Deal.” On Tuesday, also on the front page, the paper declared that “Israel’s Role in Iran Blast Casts A Shadow on U.S.......

OPEC raises 2021 oil demand growth forecast on hope pandemic wanes

Reuters
LONDON (Reuters) -OPEC on Tuesday raised its forecast for growth in world oil demand this year on expectations the pandemic will subside, providing help for the group and its allies in their efforts to support the market. FILE PHOTO: A 3D-printed oil pump jack is seen in front of displayed......

Qatar National Bank’s Q1 net profit falls 7% as provisions climb

Reuters
DUBAI, April 11 (Reuters) – Qatar National Bank (QNB) , the biggest lender in the Gulf, said on Sunday its first quarter net profit fell by 7% from a year earlier to 3.3 billion riyals ($906 million) as it booked 1.4 billion riyals in “precautionary” loan loss provisions. The bank’s......

Jordan bans media coverage of royal rift, Saudi reaffirms support

Reuters
(Adds dropped words in second paragraph) FILE PHOTO: Jordan’s Crown Prince Hamza bin Hussein delivers a speech to Muslim clerics and scholars at the opening ceremony of a religious conference at the Islamic Al al-Bayet University in Amman, Jordan August 21, 2004. REUTERS/Ali Jarekji AMMAN (Reuters) – Jordan banned all......

Factbox: International reaction to security developments in Jordan

Reuters
(Reuters) – Jordanian King Abdullah’s half-brother and former Crown Prince Hamza bin Hussein was told to halt actions used to target the country’s “security and stability,” the military said on Saturday. In a statement published on the state news agency, it said this was part of a broader, ongoing security......

Motor racing: Hamilton’s team ahead of Rosberg’s in Extreme E qualifying

Reuters
(Reuters) – Lewis Hamilton beat old Formula One rival Nico Rosberg in the battle of team owners in qualifying for the first race of the new electric off-road Extreme E series in Saudi Arabia on Saturday. FILE PHOTO: Formula One F1 – Bahrain Grand Prix – Bahrain International Circuit, Sakhir,......

Motor racing: Hamilton’s team ahead of Rosberg’s in Extreme E qualifying

Reuters
(Reuters) – Lewis Hamilton beat old Formula One rival Nico Rosberg in the battle of team owners in qualifying for the first race of the new electric off-road Extreme E series in Saudi Arabia on Saturday. FILE PHOTO: Formula One F1 – Bahrain Grand Prix – Bahrain International Circuit, Sakhir,......

Power play – India wields oil ‘weapon’ to cut dependence on Saudi

Reuters
NEW DELHI (Reuters) – When India’s government last month asked refiners to speed up diversification and reduce dependence on the Middle East – days after OPEC+ said it would maintain production cuts – it sent a message about its clout and foreshadowed changes to the world’s energy maps. FILE PHOTO:......

Saudi Aramco private investment plan voluntary, not state imposed, says CEO

Reuters
LONDON, March 31 (Reuters) – Saudi Aramco said on Wednesday the government had no plans to impose private partnerships on the oil giant, after it launched a programme to support private investment in the kingdom as part of Saudi Arabia’s diversification push. “This is a voluntary programme. It’s on the......

Saudi Aramco profit slumps 44% after Covid-battered year, but maintains dividend

CNBC
CNBC – For more and to sign up click here A worker at an oil processing facility of Saudi Aramco, a Saudi Arabian state-owned oil and gas company, at the Abqaiq oil field. Stanislav Krasilnikov | TASS | Getty Images Oil giant Saudi Aramco reported a 44% slump in full-year......

Saudi Aramco to cut capital expenditure, reports 44.4% drop in profit for 2020

Reuters
By Hadeel Al Sayegh, Saeed Azhar FILE PHOTO: An employee rides a bicycle next to oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo DUBAI (Reuters) – Saudi Arabian state oil giant Aramco said on Sunday it expects to cut capital expenditure......

U.N. Security Council condemns military escalation in Yemen’s Marib

Reuters
FILE PHOTO: Armed Houthi followers ride on the back of a truck after participating in a funeral of Houthi fighters killed in recent fighting against government forces in Yemen’s oil-rich province of Marib, in Sanaa, Yemen February 20, 2021. REUTERS/Khaled Abdullah/ NEW YORK (Reuters) – The U.N. Security Council on......

Have vaccination, will travel — but not with the kids in tow

CNBC
CNBC – For more and to sign up click here As more countries lift travel restrictions for those who have been vaccinated, the world is slowly opening to travelers again. Travelers without kids, that is. To date, no Covid-19 vaccine has been approved for use in children, said Dr. Sharon......

Italian aerospace firm Leonardo’s unit files for $700 million U.S. IPO

Reuters
By Reuters Staff 1 Min Read (Reuters) – Leonardo DRS Inc, a unit of Italian defence and aerospace group Leonardo SpA, filed for an initial public offering of up to $701.8 million in the United States on Monday. Reporting by Niket Nishant in Bengaluru; Editing by Ramakrishnan M. Our Standards:......

Egypt says Turkey must lay ground for normalising ties with actions

Reuters
FILE PHOTO: Egyptian Foreign Minister Sameh Shoukry attends a news conference after the meeting with Saudi Foreign Minister Prince Faisal bin Farhan al-Saud at Tahrir Palace in Cairo, Egypt July 27, 2020. REUTERS/Mohamed Abd El Ghany/File Photo CAIRO (Reuters) – Turkey’s actions must show alignment with Egypt’s principles and goals......

Kuwait Emir departs for Europe after completing medical checks in the U.S.: state news agency

Reuters
FILE PHOTO: Kuwait’s new Emir Nawaf al-Ahmad al-Sabah gestures as he takes the oath of office at the parliament, in Kuwait City, Kuwait September 30, 2020. REUTERS/Stephanie McGehee DUBAI (Reuters) – Kuwait’s Emir Sheikh Nawaf al-Ahmad al-Sabah traveled on Sunday to Europe for a private visi, after a sucessful medical......

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