What Is the Saudi Sovereign Wealth Fund?
The secretive $700 billion investment fund has set its sights on tourism, job creation, private equity and, now, golf.
Saudi arabia
Russia and Saudi Arabia’s Oil Partnership Shows Strain
Analysts said the countries’ mutual need to keep energy prices high would help them maintain close ties, despite signs that Moscow has undercut previous deals.
Blinken meets with MbS in Jeddah, Saudi-Israel normalization on agenda
US Secretary of State Antony Blinken met with Saudi Crown Prince Mohammed bin Salman in Jeddah, a State Department spokesperson has confirmed, the latest step toward “rapprochement between the Biden administration and Saudi’s de facto leader.”
Through Ties to Saudis, Golf Deal Promises Benefits to Trump
The new alliance between the PGA Tour and LIV Golf is the latest example of how the former president’s relationship with Saudi Arabia has yielded gains, and criticism, for both.
Your Wednesday Briefing: A Dam Destroyed in Ukraine
Also, a victory for the Saudi-backed golf tour.
Saudi Crown Prince meets Venezuelan president, discusses bilateral ties
Saudi Arabia’s Crown Prince Mohammed bin Salman received Venezuela’s President Nicolás Maduro in Jeddah, the Saudi Press Agency reported early Tuesday. The two sides reviewed bilateral relations and explored various ways of enhancing cooperation in al…
Now that Italy has lifted its arms embargo aimed at Saudi Arabia, could defense deals follow?
The Italian government cited changed conditions on the ground in Yemen as its reason to lift the years-long block.
Blinken to Talk to Saudis About Normalizing Ties With Israel
U.S. Secretary of State Antony J. Blinken will travel to Saudi Arabia to discuss the idea at a time when the politics in the three countries may make normalization difficult.
Yemeni activist who revealed sexual abuse by Houthis ‘being held by Saudi intelligence’
Samira al-Houri disappeared after allegations that claims of female prisoners being raped were embellishedA prominent Yemeni human rights activist who revealed sexual abuse by Houthis in the country’s jails has been detained for more than a year by Sau…
Brent crude price rises after Saudi Arabia agrees to cut oil output
Price gained more than 2% on Monday morning to touch one-month high of $78.73The price of Brent crude has risen after Saudi Arabia agreed to cut its output to firm up oil prices after a weekend of tense talks.Saudi ministers agreed to cut 1m barrels pe…