Thursday, October 18, 2018

Tag: King Salman

Spain king to visit Saudi with sale of warships on agenda

Madrid (AFP) - Spain's king will begin his first state visit to Saudi Arabia on Saturday, with the possible sale of five warships to the oil-rich kingdom on top of the agenda, sparking protests from rights groups. Felipe VI will be accompanied during his three-day visit by Foreign Minister Alfonso...

Saudi Arabia Strikes Back

For those concerned about the fallout from President Barack Obama and his administration’s nuclear deal with Iran — the Joint Comprehensive Plan of Action, or JCPOA — the hits just keep on coming. The recent revelation that the United States handed over $400 million in cash to Iran on the...

Saudi visit to Israel angers Hamas

Hamas has called on Saudi Arabia to prevent the normalization of relations with Israel. The appeal, which went up on Hamas' website July 31, raised eyebrows among those who understand Hamas' complicated situation and the importance of tightening relations with Saudi Arabia. The leaders of the movement, who only...

Will failed coup push Erdogan toward Iran, Russia?

Along with its many implications at home, the July 15 coup attempt in Turkey may have important repercussions on Ankara’s foreign policy, especially regarding Syria. The apology Ankara extended to Moscow last month for the Nov. 24 downing of a Russian jet had already raised expectations that normalization with Moscow...

The Future of U.S.-Saudi Relations

The Kingdom and the Power. The relationship between the United States and Saudi Arabia has come under unprecedented strains in recent years. U.S. President Barack Obama has openly questioned Riyadh’s value as an ally, accusing it of provoking sectarian conflict in the region. According to The Atlantic’s Jeffrey Goldberg, when...

Saudi Shakeup: Ali Naimi Out, Al-Falih In, Market Share Battle Continues

Saudi Arabian King Salman dismissed oil minister Ali Naimi on Saturday. The move comes a month after the Royal Kingdom announced plans to decrease its economy's reliance on oil in an economic plan called "Vision 2030". Al-Naimi has been named an adviser to the royal court. Khalid & The Deputy...

Saudi Arabia is suddenly facing a serious catastrophe – here’s why

Saudi Arabia is in serious trouble. The BinLadin Group, the kingdom’s largest construction company, has terminated the employment of fifty thousand foreign workers. They have been issued exit visas, which they have refused to honor. These workers will not leave without being paid back wages. Angry with their employer,...

Kingdom of Saudi Arabia’s Vision 2030

The Council of Ministers of the Kingdom of Saudi Arabia endorsed during its session today (Monday) under the chairmanship of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud the Kingdom of Saudi Arabia's Vision 2030. Today's meeting was devoted to discuss the vision which was...

Salafi armed groups increase attacks in Syria

UN Syria envoy Staffan de Mistura said April 22 that the cessation of hostilities that began Feb. 26 “is still in effect. None of the sides have renounced to it. ... But it is in great trouble if we do not act quickly.” Speaking in London the same day, US President Barack...

Obama may be preaching tough love to Saudi – but arms sales tell another...

Despite his rhetoric, and his administration’s perceived shift toward Iran, Obama has not fundamentally changed the US status quo toward Saudi Arabia. When President Barack Obama arrived in Saudi Arabia on Wednesday for a meeting of Gulf leaders, he was greeted at the airport by the governor of Riyadh, instead...

Saudi Arabia may be in for a nasty shock when Obama steps down

The mood in the US is changing as politicians and the media explore Saudi links to 9/11 terror attacks. Foreign leaders visiting King Salman of Saudi Arabia have noticed that there is a large flower display positioned just in front of where the 80-year-old monarch sits. On closer investigation, the...

Jordan pivots to Saudi Arabia

Jordan's pivot to Saudi Arabia, specifically over the latter’s hard-line stand on Iran and its alleged interference in Arab countries’ affairs, took a major leap forward following the visit April 10 by Saudi Deputy Crown Prince Mohammed bin Salman, where he met with King Abdullah in the port city...

Red Sea bridge project resurfaces

CAIRO — Egypt and Saudi Arabia have agreed to build a controversial bridge spanning the Red Sea that proponents say could lead Egypt out of its economic crisis. Saudi King Salman bin Abdul-Aziz Al Saud and Egyptian President Abdel Fattah al-Sisi announced April 9 they will build a bridge that...

The Long Divorce

How the U.S.-Saudi relationship grew cold under Barack Obama's watch. The initial defining moment of President Barack Obama’s attitude toward Saudi Arabia, for many people, was when he bowed to King Abdullah as he shook his hand at the London G-20 summit meeting in April 2009. The gesture, which the...

Saudi Arabia Warns of Economic Fallout if Congress Passes 9/11 Bill

WASHINGTON — Saudi Arabia has told the Obama administration and members of Congress that it will sell off hundreds of billions of dollars’ worth of American assets held by the kingdom if Congress passes a bill that would allow the Saudi government to be held responsible in American courts...

Is Israel forming an alliance with Egypt and Saudi Arabia?

Egypt's April 9 announcement of the transfer of two islands, Tiran and Sanafir, to Saudi Arabian sovereignty came as a complete surprise to many in the Middle East. The only country that was not surprised was Israel. A top-level official in Jerusalem told Al-Monitor on April 12 that Israel had been privy to the secret negotiations. Israel...

Egypt relinquishes control of strategic islands

Saudi Arabia and Egypt demarcate maritime boundary, officially putting islands in the Straits of Tiran under Saudi control; implications for Israel-Egypt relations and Israeli shipping still unclear. According to the Egyptian newspaper Al-Youm Al-Sabaa, the Egyptian cabinet announced an agreement with Saudi Arabia on Saturday, delineating the maritime boundaries between...

Here are the famous politicos in the Wikileaks of the mega-rich

It’s being called the “Panama Papers” — a trove of 11.5 million leaked internal documents from the Panamanian law firm Mossack Fonseca, showing how hundreds of thousands of people with money to hide used anonymous shell corporations across the world. Fusion’s investigative unit was one of the more than...

Africa’s $700 Billion Problem Waiting to Happen

The Horn of Africa region is central to the world’s maritime trade. It’s also beginning to fall apart. Back in 2002, Meles Zenawi, then prime minister of Ethiopia, drafted a foreign policy and national security white paper for his country. Before finalizing it, he confided to me a “nightmare scenario”...

China And The Middle East – Is The Balance Shifting?

Onlookers might have been surprised a few weeks ago to see the Ambassadors of China and Turkmenistan standing side by side in the rather inauspicious surroundings of the Tehran railway station to witness the arrival of a freight train containing small commodities. This was however no ordinary freight train, but...

Saudis, Turks Bid to Open Lebanon Front

With a series of blatant measures, Saudi Arabia and its regional allies are evidently trying to destabilize Lebanon. The development is apiece with how Saudi Arabia and Turkey have both sought to undermine the ceasefire in Syria and to escalate that conflict to a region-wide level. A New York Times report this week...

Saudi Arabia Cuts Billions in Aid to Lebanon, Opening Door for Iran

BEIRUT, Lebanon — Even as Iran and Saudi Arabia supported opposite sides in a bitter and bloody proxy war in Syria, the two adversaries managed to preserve a tense calm just over the border in Lebanon, where they have long competed for influence. Now, suddenly, it looks as if Saudi...

Start Preparing for the Collapse of the Saudi Kingdom

For half a century, the Kingdom of Saudi Arabia has been the linchpin of U.S. Mideast policy. A guaranteed supply of oil has bought a guaranteed supply of security. Ignoring autocratic practices and the export of Wahhabi extremism, Washington stubbornly dubs its ally “moderate.” So tight is the trust...

Saudi Arabia turns to Turkey

Saudi Arabia and Turkey have agreed to form a Strategic Cooperation Council to coordinate and develop relations between the countries in terms of economic, political, defense, security, education and health issues. The countries also are discussing military cooperation, especially with regard to Syria. The custodian of the two holy mosques, Saudi King Salman bin...

Pre-9/11 Ties Haunt Saudis as New Accusations Surface

RIYADH, Saudi Arabia — During the 1980s and ’90s, the historic alliance between the wealthy monarchy of Saudi Arabia and the country’s powerful clerics emerged as the major financier of international jihad, channeling tens of millions of dollars to Muslim fighters in Afghanistan, Bosnia and elsewhere. Among the project’s...

Why a Saudi Aramco IPO Makes Absolutely No Sense for Saudi Arabia

The Saudi royal family’s total control of Arabia’s oil wealth is the root of all of its power, influence, and success. If Saudi Aramco goes public, Saudi Arabia will face an enormous existential dilemma. The Saudi royal family’s total control of Arabia’s oil wealth is the root of all of its...

The Saudi-Iran War Is America’s Fault

And now it’s Washington’s job to make sure it doesn’t spin out of control. The United States cannot ignore or choose to stay out of the brewing rivalry between Iran and Saudi Arabia. It is not a purely religious feud, and it is not someone else’s civil war — it’s...

The Oil Pricequake

Tomgram: Michael Klare, The Look of a Badly Oiled Planet When it comes to news about Saudi Arabia, the execution of an oppositional Shiite cleric, Nimr al-Nimr, has topped the headlines recently -- and small wonder. Aging King Salman bin Abdulaziz al-Saud and his 30-year-old son, Deputy Crown Prince Mohammed...

The IPO to End All IPOs?

Oil is at its lowest price in a decade. So why is Saudi Arabia selling off part of its trillion-dollar oil company? $10 trillion. That’s the top-end estimate for how much Saudi Aramco, the world’s biggest oil company, could be worth when shares in the energy giant finally go on...

Prince Mohammed Bin Salman: Naive, Arrogant Saudi Prince Is Playing with Fire

At the end of last year the BND, the German intelligence agency, published a remarkable one-and-a-half-page memo saying that Saudi Arabia had adopted “an impulsive policy of intervention”. It portrayed Saudi defence minister and Deputy Crown Prince Mohammed bin Salman – the powerful 29-year-old favourite son of the ageing...

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