So many people want to attend a Middle East investment conference dubbed 'Davos in the desert' that they're charging $15,000 to get in the door

aol.com None About 5,000 delegates are paying $15,000 each to attend an investment conference in Riyadh next month. • None Many are seeking a slice of the Middle East's oil…

Can a viable industry emerge from the hydrogen shakeout?

economist.com H most abundant element in the universe and a vast source of clean fuel. For investors, it is an equally rich source of hype. As parts of the world get a bit more serious…

India leads a boom in orders for passenger jets

economist.com T at the annual airshow that rotates between Paris and Farnborough. One is visitors’ observation that a glittering capital city, with the Eiffel Tower visible through the…

A higher global oil price will help Russia pay for its war

economist.com T could not last for ever. After reaching record volumes in recent months, despite Western embargoes, dwindling production and the risks of navigating the Black Sea,…

Lucid Secures Operating License To Begin EV Production In Saudi Arabia

benzinga.com California-headquartered EV maker Lucid Group Inc. LCID has received an operating license to start car production in Saudi Arabia. What Happened: The license allows for…

Sen. Murphy Slams Biden Plan To Commit 'American Blood' To Saudi Arabia

zerohedge.com Sen. Murphy Slams Biden Plan To Commit 'American Blood' To Saudi Arabia Among the few influential Congress members to push back against Saudi Arabia and Washington's…

Never Mind the BRICS. What About the VIPS?

barrons.com About the author: Edward Price is principal at Ergo, a global intelligence, consulting, and forecasting firm. A former British trade official, he also teaches at New York…

Stan Kroenke, FIFA feud risks bid of Los Angeles to host the 2026 FIFA World Cup

thestreet.com It seemed like a match made in heaven for the 2026 FIFA World Cup, arguably the world's biggest sporting event, to play its games — including its Final — in the United…

Bahrain’s dictatorship gets more Biden administration help

reason.com Bahraini police officers and U.S. diplomats stood in front of the U.S. Embassy in Manama for a photo op on Tuesday. The officers had just completed an "Advanced Social Media…

Saudi Maritime Congress makes a splash

arabnews.com DAMMAM: Business cards were traded as fast as wheeled suitcases rolled at the Saudi Maritime Congress as thousands of key players from the industry descended on Dammam. The…

Which Countries Are Most (And Least) Vulnerable To $100 Per Barrel Oil?

forbes.com As Brent crude edges closer to the symbolic threshold of $100 per barrel, nations and industries around the world are bracing for the impact. The surge to nearly $95 this…

'I don’t care': 'Sportswashing' comments from Saudi crown prince spark anger from rights groups

cnbc.com Saudi Crown Prince Mohammed bin Salman lit up social media with his blunt response to accusations that his government is "sportswashing," or using sports to distract…

U.S. talks for landmark deal with Saudi Arabia, Israel gain steam

nbcnews.com The United States is making progress toward a landmark agreement that would see Saudi Arabia normalize relations with Israel in exchange for a U.S. defense pact and help…

Renderings for massive Concord Naval Weapons Station development slated for public review in November

siliconvalley.com CONCORD — Drafts of detailed renderings and land-use plans for the massive transformation envisioned for the former Concord Naval Weapons Station should finally be ready for…

Oil Updates

arabnews.com TOKYO: Oil prices rose on Friday as concerns that a Russian ban on fuel exports could tighten global supply outweighed fears that further US interest rate hikes could dent…

US Wants Saudi Defense Pact Modeled After South Korea, Japan Deals

zerohedge.com US Wants Saudi Defense Pact Modeled After South Korea, Japan Deals Via The Cradle, US and Saudi officials are advancing talks for a "mutual defense treaty" that would…

Saudi crown prince unbothered by 'sportswashing' label: 'Call it whatever you want'

nbcnews.com Saudi Crown Prince Mohammed bin Salman said he does not care how the world views his nation's heavy investment in sports. For him, the resulting GDP increase is all that…

Biden Finally Gives Netanyahu Long-Delayed White House Invitation

zerohedge.com Biden Finally Gives Netanyahu Long-Delayed White House Invitation At a moment the US is pushing hard for normalization between Saudi Arabia and Israel, President Joe Biden…

Saudi Arabia elected ISO council member for two years

arabnews.com RIYADH: In recognition of its efforts to implement health and safety standards, Saudi Arabia has been elected as a member of the council of the International Organization…

Red Sea International Airport becomes operational

arabnews.com RIYADH: The Red Sea International Airport became operational with the touchdown of the first Saudia flight early on Thursday, according to the Red Sea Global. In a…

Sole Pakistani company at Foodex expo eyes joint ventures

arabnews.com ISLAMABAD: A Pakistani food company participating in the 10th edition of Saudi Arabia’s leading international food exhibition, Foodex Saudi, has praised the Kingdom’s…

Saudi airline passenger complaints drop 11.8% in August: GACA

arabnews.com RIYADH: As part of ongoing efforts to enhance efficiency and competitiveness in Saudi Arabia’s aviation sector, the number of passenger complaints among carriers in August…

SAIL and Bahri sign MoU to boost maritime collaboration

arabnews.com RIYADH: In an effort to accelerate collaboration and share expertise, Saudi national shipping company Bahri and SAIL, a subsidiary of the Saudi Investment Recycling Co.…

Mohammed bin Salman to keep oil prices high to spur growth

aol.com Last year Saudi Arabia was the fastest growing Group of 20 nation, and if it were up Mohammed bin Salman, the 21st century would entirely to belong to the desert monarchy.…

Hedge fund founder John Paulson is accused of hiding billions of dollars in a divorce that includes fighting over a luxury penthouse in Puerto Rico

fortune.com Hedge fund billionaire John Paulson used a sham purchase of a luxury penthouse apartment in Puerto Rico to improperly enrich himself by $10 million at the expense of his…

Saudi Arabia's Mohammed bin Salman 'will continue sportswashing'

theguardian.com In an interview with Fox News, Saudi Arabia's Crown Prince Mohammed bin Salman said he 'doesn’t care' about accusations of sportswashing against his country. Bin Salman,…

Hedge Fund Billionaire Paulson Cost Family Trust $10 Million With Condo Deal, Wife Says

finance.yahoo.com Hedge fund billionaire John Paulson used a sham purchase of a luxury penthouse apartment in Puerto Rico to improperly enrich himself by $10 million at the expense of his…

Saudi crown prince says he will keep 'sportswashing' as criticism of the practice grows

cnbc.com Saudi Arabian Crown Prince Mohammed bin Salman Al Saud attends Partnership for Global Infrastructure and Investment event on the day of the G20 summit in New Delhi, India,…

Saudi crown prince comments on relationship with Israel in rare interview: 'The Palestinian issue is very important. We need to solve that part'

fortune.com Saudi Crown Prince Mohammed bin Salman said in a rare interview with Fox News on Wednesday that negotiations over Israel means the prospects of normalized relations between…

Sports Illustrated is launching new resorts in college sports

thestreet.com Sports Illustrated is raising the level of the college sports experience. Travel + Leisure Co. and Sports Hospitality Ventures LLC, which is Sports Illustrated's hotel and…

Saudi Arabia’s AJEX Logistics Services expands into the US

arabnews.com RIYADH: Saudi company AJEX Logistics Services has announced its entry into the US market. This expansion comes on the heels of AJEX’s introduction of two new services as…

PIF-backed Lucid Motors gets permit to operate manufacturing unit in KAEC

arabnews.com RIYADH: In a significant move toward economic diversification and revolutionizing the national transportation landscape, the Economic Cities and Special Zones Authority has…

Riyadh, Beijing work to further strengthen economic ties

arabnews.com RIYADH: Saudi Arabia and China are working together to strengthen their already well-established strategic ties, as the Kingdom’s minister of industry and mineral resources…

Rising female workforce boosts Saudi Arabia’s economic growth

arabnews.com RIYADH: Saudi Arabia’s economy is poised to benefit from the increasing number of working women as the Kingdom’s Vision 2030 initiative, aimed at enhancing female…

Saudi Arabia to bolster cooperation with Germany, Sweden amid top ministerial meetings

arabnews.com RIYADH: Saudi Arabia is on track to bolster cooperation with Germany and Sweden amid top ministerial meetings to achieve sustainable development goals. On the sidelines of…

Saudi Arabia's crown prince warned that if Iran gets a nuke 'we have to get one' too

businessinsider.com Saudi Arabia's Crown Prince and Prime Minister Mohammed bin Salman in New Delhi on September 9, 2023 LUDOVIC MARIN/POOL/AFP via Getty Images) Saudi Arabia's Crown Prince…

Saudi crown prince says Israel diplomatic normalization closer every day

cnbc.com Saudi Crown Prince Mohammed bin Salman said the prospect of normalizing relations with Israel is getting closer by the day, but signaled that the treatment of Palestinians…

Peace with Saudi could be a ‘reverse 9/11,’ top Israeli official says

semafor.com The News Israeli officials are working to persuade U.S. leaders that a peace deal between Israel and Saudi Arabia could strengthen the United States well beyond the Middle…

Jared Kushner's Controversial $2B Saudi Deal Faces No Threat Even If Trump Re-Elected, Hints Crown Prince MBS

benzinga.com Jared Kushner may retain the controversial Saudi investment in his private equity firm, even if his father-in-law, Donald Trump, is reelected as U.S. president. What…

‘Every day we get closer’ to normalization with Israel, Saudi crown prince says in rare interview

nbcnews.com Saudi Crown Prince Mohammed bin Salman said in a rare interview with Fox News on Wednesday that negotiations over Israel means the prospects of normalized relations between…

Saudi Crown Prince Takes Stand On Jamal Khashoggi Murder: 'Anyone Involved Is Serving Jail Time'

benzinga.com Saudi Crown Prince Mohammed bin Salman insists that all parties involved in the assassination of journalist Jamal Khashoggi are currently behind bars. This statement comes…

Saudi crown prince says getting 'closer' to Israel normalization -Fox interview

reuters.com Saudi Arabian Crown Prince Mohammed bin Salman Al Saud attends Partnership for Global Infrastructure and Investment event on the day of the G20 summit in New Delhi, India,…

Saudi Leader Mohammed Bin Salman Addresses Saudi Arabia’s Role In 9/11 Attacks In Fox News Interview

deadline.com Fox News Bret Baier sat down with Saudi Arabian leader Crown Prince Mohammed bin Salman tonight and, to Baier’s credit, asked some pointed questions which MBS – as he is…

Iran president says militias still play vital role as he rebuilds Arab ties

newsweek.com Speaking at a press conference on the sidelines of the United Nations General Assembly in New York, Iranian President Ebrahim Raisi defended the role of resistance groups…

Biden's reported concessions to Saudi Arabia look terrible

msnbc.com On the 2020 campaign trail, then-presidential candidate Joe Biden promised to make Saudi Arabia a “pariah.” Now it’s looking like Biden wants to make the Gulf state…

Behind the scenes: Biden and Netanyahu finally meet after historic delay

axios.com NEW YORK — Israeli Prime Minister Benjamin Netanyahu left his long-awaited meeting with President Biden Wednesday with exactly the result he wanted: an invitation to the…

We Will Get Nuclear Weapon If Iran Does, Saudi Crown Prince Tells Fox

zerohedge.com We Will Get Nuclear Weapon If Iran Does, Saudi Crown Prince Tells Fox Crown Prince Mohammed bin Salman (MbS) said in an exclusive Fox News interview published Wednesday that…

Bret Baier Presses MBS On $2 Billion Saudis Gave to Jared Kushner After Leaving White House

mediaite.com Fox News anchor Bret Baier asked Saudi Arabia Crown Prince Mohammed bin Salman about a $2 billion investment the country’s sovereign wealth fund made in Jared Kushner’s…

Biden's Defenders Are Blowing Smoke

zerohedge.com Biden's Defenders Are Blowing Smoke Authored by J. Peder Zane via RealClearPolitics.com, I was expecting a lively exchange when Mike Gallagher invited me to debate the…

Saudi Crown Prince Tells Bret Baier If Iran Gets A Nuclear Weapon ‘We Have To Get One’

mediaite.com Saudi Crown Prince Mohammed bin Salman told Fox News host Bret Baier that if Iran developed a nuclear weapon then his country would have to build one as well. During a…

Saudi minister says Vision 2030 aligns with UN SDGs

arabnews.com RIYADH: Saudi Arabia’s Vision 2030 aligns powerfully with the UN sustainable development goals, according to a top government official. Speaking at the SDG Summit on the…

Biden pledges to address 'hard issues' related to democracy as he meets with Israeli PM Netanyahu

pbs.org President Joe Biden pledged Wednesday to raise “hard issues,” including protecting the “checks and balances” in a democracy, as he sat down with Israeli Prime Minister…

Biden and Netanyahu meet to discuss ‘hard issues’ as tensions simmer

politico.com “Today, we’re going to discuss some of the hard issues, that is upholding democratic values that lie at the heart of our partnership, including the checks and balances in…

With Cushing Hitting "Tank Bottoms" Goldman Hikes Oil Price Target To $100

zerohedge.com With Cushing Hitting "Tank Bottoms" Goldman Hikes Oil Price Target To $100 After tagging $96 yesterday, Brent’s torrid rally hit the pause button overnight, which - as…

Tokyo event showcases Saudi Arabia’s NEOM

arabnews.com TOKYO: Saudi Arabia’s NEOM project was featured at an event in Tokyo on Wednesday with the support of Japan’s Ministry of Economy, Trade and Industry, the Japan External…

Saudi Arabia’s HRDF to join international cybersecurity organization

arabnews.com RIYADH: Saudi Arabia has increased its stakes in cybersecurity protection, with the Human Resources Development Fund receiving approval to join the US-based Forum of…

PIF supporting real estate renaissance in Saudi Arabia

arabnews.com RIYADH: Real estate has been considered one of the safest bets for investors globally and thanks to the Public Investment Fund, Saudi Arabia is now able to offer a sizable…

PIF-backed ADES sets offering price at $3.60 per share: report

arabnews.com RIYADH: ADES Holding Co., partially owned by Saudi Arabia’s Public Investment Fund (PIF), has reportedly set the final price for its initial public offering on the Kingdom’s…