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May 24, 2022

SAUDI

Saudi Arabia’s Alwaleed to sell 16.87% of Kingdom Holding to PIF for $1.5 bln

Reuters
Saudi Arabian billionaire Prince Alwaleed bin Talal attends the investment conference in Riyadh, Saudi Arabia October 23, 2018. REUTERS/Faisal Al Nasser Register now for FREE unlimited access to Reuters.com Register DUBAI, May 22 (Reuters) – Saudi billionaire Prince Alwaleed bin Talal has signed an agreement with Saudi Arabia’s powerful sovereign......

White House working towards first presidential meeting with Saudi Arabia, which Biden had vowed to make a ‘pariah’

CNN
USA TODAY – For more and to sign up click here Biden administration officials are in talks with the Saudis about arranging a potential in-person meeting while the President is overseas next month, current and former US officials said. Saudi Arabia currently holds the presidency of the Gulf Cooperation Council,......

Saudi King Salman leaves hospital, says royal court

Reuters
May 16 (Reuters) – Saudi Arabia’s King Salman bin Abdulaziz, 86, left hospital on Sunday following a colonoscopy last week, the royal court said in a statement on state media. Saudi TV ran a video clip showing the monarch walking slowly using a cane as he left King Faisal Specialist......

Saudi April consumer price index up 2.3%-govt data

Reuters
A policeman wearing a protective face mask blcoks the road during a curfew imposed to prevent the spread of the coronavirus disease (COVID-19), in the holy city of Mecca, Saudi Arabia April 2, 2020. REUTERS/Yasser Bakhsh Register now for FREE unlimited access to Reuters.com Register DUBAI, May 15 (Reuters) –......

Norman draws backlash for Saudi ‘mistake’ talk

ESPN
The LIV Golf Invitational Series has attempted to clarify CEO Greg Norman’s comments that referred to the Saudi Arabian monarchy’s alleged involvement in the death of Washington Post journalist Jamal Khashoggi as a “mistake,” a remark that drew widespread criticism, including from Khashoggi’s fiancée. On Wednesday, during a news conference......

‘We’ve all made mistakes’ – Norman on Saudi record

BBC
Greg Norman spent more than 300 weeks as world number one in the 1980s and 90s Former world number one Greg Norman told reporters “we’ve all made mistakes” as he fielded questions on Saudi Arabia’s human rights record and the murder of dissident journalist Jamal Khashoggi. The 67-year-old Australian is......

Saudi Arabia’s economy estimated to grow 9.6% in Q1, driven by oil

Reuters
Buildings are seen in Riyadh, Saudi Arabia February 16, 2021. REUTERS/Ahmed Yosri Register now for FREE unlimited access to Reuters.com Register May 1 (Reuters) – Saudi Arabia’s economy grew by 9.6% in the first quarter of 2022, compared to a year earlier, according to flash government estimates on Sunday, as......

Saudi, Pakistan to discuss possible support for kingdom’s $3 billion deposit

Reuters
Saudi Crown Prince Mohammed bin Salman meets Pakistan’s Prime Minister Shehbaz Sharif upon his arrival in Jeddah, Saudi Arabia, April 29, 2022. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS Register now for FREE unlimited access to Reuters.com Register May 1 (Reuters) – Saudi Arabia and Pakistan will discuss the......

Luxury EV maker Lucid scores order from Saudi government for up to 100,000 vehicles

CNBC
CNBC – For more and to sign up click here With 1,050 horsepower, the new Grand Touring Performance edition becomes the most powerful version of Lucid’s electric Air sedan. Lucid Motors Lucid Group said that the government of Saudi Arabia has agreed to buy up to 100,000 of its electric vehicles......

Domenicali: It’s F1’s ‘duty’ to continue racing in Saudi Arabia

ESPN
Formula One will continue to race in Saudi Arabia despite concerns about safety and human rights in the country, the sport’s CEO Stefano Domenicali has said. Last weekend’s Saudi Arabian Grand Prix was nearly boycotted by F1’s 20 drivers after a missile attack by Yemeni Houthis hit an oil depot......

Turkish prosecutor requests transfer of Khashoggi trial to Saudi Arabia

Reuters
U.S. intelligence report said Saudi prince ordered operation Saudi government denies Crown Prince Mohammed involved Turkey seeking better ties after year-long Saudi boycott Handing case to Saudi Arabia would violate human rights -Amnesty ISTANBUL, March 31 (Reuters) – A Turkish prosecutor called on Thursday for the trial in Istanbul of......

Formula 1 drivers to ask for more input over where sport races after Saudi Arabia drama

CNBC
CNBC – For more and to sign up click here Mercedes’ Lewis Hamilton, Alpine F1’s Fernando Alonso and Esteban Ocon leave a meeting after practice ahead of the F1 Grand Prix of Saudi Arabia. Safety concerns rose after a missile attack just 7 miles from the circuit in Jeddah. Clive......

Saudi energy minister says oil alliance OPEC+ will leave politics out of output decisions

CNBC
CNBC – For more and to sign up click here Saudi Energy Minister, Prince Abdulaziz bin Salman bin Abdulaziz Al Saud speaks during the UN Climate Change Conference (COP26), in Glasgow, Scotland, Britain, November 10, 2021. Yves Herman | Reuters Saudi Arabia’s energy minister said Tuesday that OPEC+ will keep......

Why did F1 go racing in Saudi Arabia — and will it be back?

ESPN
JEDDAH, Saudi Arabia — For two consecutive days Formula One cars lapped Jeddah’s Corniche Circuit against the backdrop of a cloud of black smoke on the city’s skyline. The smoke was a result of a missile attack on an oil depot six miles to the east of the track that......

Saudi airline flynas in talks to buy more jets -CEO

Reuters
A Saudi budget airline Flynas Airbus A320-200 plane flies over the Red Sea resort of Sharm el-Sheikh, south of Cairo, Egypt December 15, 2018. REUTERS/Amr Abdallah Dalsh Register now for FREE unlimited access to Reuters.com Register RIYADH, March 28 (Reuters) – Saudi budget airline flynas is in negotiations with both......

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