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Keyword: saudi

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  • Saudis Are Hoping Mohammed bin Salman Will Drain the Swamp

    11/22/2017 1:51:45 AM PST · by TigerLikesRooster · 25 replies
    Foreign Policy ^ | NOVEMBER 21, 2017 | STEVEN A. COOK
    Saudis Are Hoping Mohammed bin Salman Will Drain the Swamp A road trip among ordinary Saudis revealed high hopes, and hardly any worries, about the country's new political era. BY STEVEN A. COOK | NOVEMBER 21, 2017, 12:46 PM We must be doing 80 miles per hour on a rutted road outside the northwestern Saudi town of Ula. It is late and I am tired, but I’ve got one eye on the road and one eye on the dashboard indicator light signaling that the Chevy Tahoe in which I am traveling has low tire pressure. What would happen if this...
  • Amir discusses the Trump peace plan

    11/20/2017 7:54:10 AM PST · by firebrand · 8 replies
    Behold Israel YouTube Channel ^ | November 20, 2017 | Amir Tsarfati
    Amir tells of the Trump peace plan, Saudi-U.S. cooperation, the new attitude by the U.S. toward the Palestinians, and probable events in the future as foretold by prophecy. Special words to the Watchmen in the midst of world turmoil.
  • Saudi Arabia’s crown prince could turn to Credit Suisse next

    11/20/2017 6:15:39 AM PST · by TigerLikesRooster · 9 replies
    FT ^ | 2017/11/20 | PATRICK JENKINS
    Saudi Arabia’s crown prince could turn to Credit Suisse next Saudis are among a number of SWFs intrigued by recent shareholder developments at Swiss bank PATRICK JENKINS For those who had not been paying attention to the rise of Saudi Arabia’s Crown Prince Mohammed bin Salman, his recent dramatic detention of fellow princes and other senior figures over corruption allegations came out of the blue. But amid some pretty tough competition for the world’s attention — a quasi-coup in Zimbabwe, more Brexit tumult — he has kept up the momentum ever since. On Thursday it emerged that the Saudi authorities...
  • Saudi Arabia’s Top Cleric: Fighting Jews Forbidden, Hamas a Terror group

    11/19/2017 5:39:32 PM PST · by smileyface · 56 replies
    United with Israel ^ | Nov 17, 2017 | United with Israel Staff
    The Grand Mufti of Saudi Arabia issued a ruling forbidding war against the Jews and proclaiming that Hamas is a terror group. The Grand Mufti of Saudi Arabia, Abdulaziz Al Sheikh, issued a surprising religious ruling, saying that fighting against Israel was inappropriate and that Hamas is a “terror organization.” The Muslim cleric issued the ruling while answering a question on a television program regarding the Palestinian riots surrounding the Temple Mount in July, Turkey’s Anadolu news agency reported. Israel’s Communications Minister Ayoub Kara welcomed the unexpected decision and invited the Mufti to visit Israel.
  • Report: King Salman Expected To Hand Power To Crown Prince Next Week…

    11/17/2017 6:13:14 PM PST · by Bobalu · 12 replies
    theconservativetreehouse ^ | 11-17-17 | sundance
    Given the speed of events in Saudi Arabia this year a stunning report surfaces stating that King Salman is anticipated to hand over ruling authority to Crown Prince Mohammed bin Salman next week. According to The Daily Mail King Salman will retain the title of guardian of the holy mosques but otherwise hand over all ruling authority to the crown prince.
  • Saudi Arabia swapping assets for freedom of some held in graft purge: sources

    11/17/2017 4:09:34 PM PST · by TigerLikesRooster · 10 replies
    Reuters ^ | 2017/11/17 | Samia Nakhoul, Katie Paul
    Saudi Arabia swapping assets for freedom of some held in graft purge: sources Samia Nakhoul, Katie Paul BEIRUT/RIYADH (Reuters) - Saudi authorities are striking agreements with some of those detained in an anti-corruption crackdown, asking them to hand over assets and cash in return for their freedom, sources familiar with the matter said. The deals involve separating cash from assets like property and shares, and looking at bank accounts to assess cash values, one of the sources told Reuters. Dozens of princes, senior officials and businessmen, including cabinet ministers and billionaires, have been detained in the graft inquiry at least...
  • Saudi Arabia king to step down and hand over the crown to his 32-year-old son [tr]

    11/16/2017 9:58:16 AM PST · by C19fan · 14 replies
    UK Daily Mail ^ | November 16, 2017 | Ryan Parry and Josn Boswell
    The King of Saudi Arabia plans to step down and announce his son as his successor next week, a source close to the country's royal family has exclusively told DailyMail.com. The move is seen as the final step in 32-year-old Prince Mohammed bin Salman's power grab, which began earlier this month with the arrests of more than 40 princes and government ministers in a corruption probe. The source said King Salman will continue only as a ceremonial figurehead, handing over official leadership of the country to his son - often referred to as MBS.
  • Lebanon-Hariri crisis: Tillerson warns against Saudi-Iran proxy war

    11/11/2017 2:03:33 AM PST · by Nextrush · 9 replies
    BBC News ^ | 11/11/2017 | BBC
    US Secretary of State has warned other countries against using Lebanon for proxy conflicts, following a crisis triggered by the resignation of its Prime Minister, Saad Hariri. Iran and its Lebanese ally, the militant Shia group Hezbollah, claim the Saudis detained Mr. Hariri and forced his resignation. Mr. Tillerson said he had received assurances that Mr. Hariri was free. Mr. Hariri resigned a week ago while in Saudi capital, Riyadh. "There is no legitimate place or role in Lebanon for any foreign forces, militias or armed elements other than the legitimate security forces of the Lebanese state" Mr. Tillerson said...
  • In Lebanon, supporters of missing former prime minister demand his return from Saudi Arabia 

    11/10/2017 5:45:10 PM PST · by BenLurkin · 4 replies
    Washinton Post ^ | 11/09/2017 | By Louisa Loveluck, Kareem Fahim and Suzan Haidamous
    When Saad Hariri’s jet touched down in Beirut early Thursday, Lebanon hoped it would bring an end to a crisis spurred by his abrupt and mysterious resignation as prime minister, delivered in a speech from Saudi Arabia last week. But he was not aboard, according to local media and an airport employee. For five days, Hariri has been in the shadows, his whereabouts and status the subject of fevered speculation in this fragile state. Aides said they have hardly spoken to him. His own political party has anxiously demanded his return. ... When Hariri resigned on Saturday, during what appeared...
  • Saudi king to relinquish throne to son within next two nights: Report

    11/09/2017 6:10:53 AM PST · by RummyChick · 97 replies
    press tv ^ | 11.9.2017 | presstv
    Saudi King Salman reportedly plans to relinquish power in favor of his son, Crown Prince Mohammed bin Salman, who has recently launched a self-promotion campaign under the cover of tackling high-level corruption. Rai al-Youm, an Arab world digital news and opinion website, reported on Wednesday that the king will announce the decision within “the next two nights.” Earlier on Wednesday, Saudi-owned television news channel Al-Arabiya had announced the news in a Twitter message, but it retracted the post hours later. Political analysts say the regime in Riyadh is apparently seeking to test the waters and examine public reaction regarding a...
  • SAUDI PURGES AND DUTY TO ACT

    11/08/2017 4:28:42 AM PST · by SJackson · 44 replies
    Jerusalem Post ^ | November 8, 2017 | Caroline Glick
    What the recent political shakeup in Saudi Arabia means for global terrorism funding. Originally published by the Jerusalem Post. For 70 years, Saudi Arabia served as the largest and most significant incubator of Sunni jihad. Its Wahhabist Islamic establishment funded radical mosques throughout the world. Saudi princes have supported radical Islamic clerics who have indoctrinated their followers to pursue jihad against the non-Islamic world. Saudi money stands behind most of the radical Islamic groups in the non-Islamic world that have in turn financed terrorist groups like Hamas and al-Qaida and have insulated radical Islam from scrutiny by Western governments and...
  • Meet Saudi Arabia's Newest Citizen – Sophia the Robot

    11/07/2017 8:19:16 AM PST · by fishtank · 17 replies
    Electronics 360 ^ | 26 October 2017 | Ken Thayer
    Sophia, the humanoid robot, has been granted citizenship by Saudi Arabia. Yes, you read that correctly. Sophia was created by Hanson Robotics, the Hong Kong company whose tagline is, "We bring robots to life." Sophia uses artificial intelligence (AI) to communicate with life-like gestures and speech. Sophia blinks her eyes, changes her gaze and has an expressive face to mimic human emotions. She can smile, nod her head, and look angry or sad.
  • What the royal purge means for Saudi Arabia — and its oil

    11/06/2017 10:33:37 AM PST · by RoosterRedux · 13 replies
    WaPo ^ | Steven Mufson
    King Salman bin Abdulaziz Al Saud on Saturday named Crown Prince Mohammed head of a corruption “supreme committee” in addition to a council that oversees Saudi Aramco, which in the past had been governed largely by technocrats. Salman said the move was because of “what we have noticed of exploitation by some of the weak souls who have put their own interests above the public interest, to, illicitly, accrue money.” Ibrahim Al-Assaf, a former finance minister and current director of Saudi Aramco, was among at least 17 princes, current and former government ministers and business executives taken into custody, according...
  • Saudi prince 'is killed in firefight while resisting arrest as part of kingdom's [tr]

    11/07/2017 5:22:59 AM PST · by C19fan · 78 replies
    UK Daily Mail ^ | November 7, 2017 | Gareth Davies
    A Saudi prince is thought to have been killed in a firefight while resisting arrest as part of the kingdom's anti-corruption purge. It comes just 24 hours after another of Riyadh's royals died in a helicopter crash along with government ministers.
  • Humiliation of the Saudi billionaire and his fellow princes photographed sleeping [tr]

    11/07/2017 5:21:09 AM PST · by C19fan · 39 replies
    UK Daily Mail ^ | November 7, 2017 | Ryan Parry and Josh Boswell
    Asleep on the floor of their 'luxury' five star prison 11 Saudi princes, government ministers and businessmen await their fate following their arrest in the biggest anti-corruption purge of the kingdom's modern history. In a photo obtained exclusively by DailyMail.com the men are seen gathered together at the Ritz Carlton Hotel in Riyadh, the Saudi capital, inside one of its glittering function rooms - wrapped in blankets and sleeping on thin mattresses.
  • Saudis arrest Prince Alwaleed, benefactor of Georgetown’s “Islamophobia” program

    11/06/2017 6:17:54 PM PST · by markomalley · 13 replies
    Jihad Watch ^ | 11/6/17 | Robert Spencer
    It’s hard to tell what exactly is happening in Saudi Arabia. The New York Times presents it as a genuine relaxation of Islamic strictures, which, as is clear from the Times article itself, is not the same thing as reform of Islam: Muslim clerics who know full well what the contents of Islamic law are regard the crackdown with extreme concern, precisely because they’re afraid that Muhammad bin Salman will transgress the bounds of Islam.The arrest of Prince Alwaleed, in any case, is good news, but not for any reason that the establishment media will present. (The corruption charge in...
  • Things that go bump in the night in Riyadh #SaudiPurge

    11/06/2017 5:22:38 PM PST · by Texas Fossil · 16 replies
    Middle East Eye ^ | Monday 6 November 2017 14:08 UTC | David Hearst
    It is difficult to avoid the conclusion that Hariri's resignation, the Saudi purge, and the Houthi missile fired at Riyadh are interconnected.Saturday night was a busy one for Saudi Arabia’s Crown Prince Mohammed bin Salman. The kingdom’s 32-year old heir to the throne excelled himself. He surpassed the high levels of chaos and human misery he had already achieved as the defence minister who launched the air campaign on Yemen. First up was the sudden resignation of the Lebanese Prime Minister Saad Hariri after just one year in office. Hariri made his announcement from Riyadh, which is a curious place...
  • Saudi-led Coalition closing land, sea and air ports in Yemen to stop Iranian arms smuggling

    11/05/2017 7:31:21 PM PST · by BenLurkin · 8 replies
    arabnews.com ^ | 11/06/2017
    "The Coalition's command considers the Iranian regime's action in supplying the Houthi militias that it commands with these missiles to be a blatant violation of the United Nations Security Council (UNSC) Resolutions that prohibit nations from arming these militias, specifically UNSC Resolution (2216)," the statement said. It also said it considers "Iran's role and its direct command of its Houthi proxy" a "blatant act of military aggression by the Iranian regime, and could be considered as an act of war against the Kingdom of Saudi Arabia." While closing all points of entry to Yemen, the Coalition command said it will...
  • The Saudi purge will change how investors view the Kingdom

    11/05/2017 9:00:28 PM PST · by TigerLikesRooster · 18 replies
    CNBC ^ | 2017/11/05 | Sri Jegarajah
    The Saudi purge will change how investors view the Kingdom Saudi Arabia suddenly arrested powerful royals and businessmen over the weekend As investors digest the news, they may demand higher returns from Saudi assets to offest the political risks Sri Jegarajah | @cnbcSri Saudi Arabia suddenly arrested powerful royals and businessmen over the weekend, in what officials call an anti-corruption drive, but outside observers deem domestic power consolidation. Either way, the move is likely making investors see Saudi assets as riskier, so they're set to demand higher returns. Some believe the extraordinary purge is an attempt by 32-year-old Crown Prince...
  • Trump urges Saudi Arabia to list state oil company on New York Stock Exchange

    11/04/2017 5:56:29 PM PDT · by Eddie01 · 3 replies
    Los Angeles Times ^ | Nov. 4, 2017 | Don Lee
    Saudi Arabia is expected to take a small portion of Saudi Aramco, which controls some of the world's largest oil reserves, public sometime in 2018. While it is expected to list its shares on Saudi Arabia's own stock market, known as Tadawul, it's also expected to do what's known as a dual listing with another stock exchange internationally. When Saudi Aramco goes public, it is expected to be one of the world's most valuable companies. [snip]