Some lawmakers are likely to oppose the move, but officials said the Biden administration has noted the kingdom’s de facto cease-fire with the Houthi militia in Yemen.
Category: Mohammed bin Salman (1985- )
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Saudi Arabia Wins Bid to Host World Expo 2030
Winning the rights to host the major global event is a coup for Crown Prince Mohammed bin Salman’s efforts to remake the kingdom’s international image.
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CEOs Weigh Dropping Out of ‘Davos in the Desert’
The Future Investment Initiative kicks off in Riyadh next week, with questions swirling over who will attend and who will drop out of the event.
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‘Barbie’ Debuts in Saudi Arabia, Sparking Delight, and Anger
Denounced in some Middle Eastern countries for undermining traditional gender norms, the hit movie is finding an audience in Saudi Arabia, illustrating the region’s shifting political landscape.
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Saudi Investors and MBS Head to Paris, Looking for Deals
A contingent from the kingdom, including its powerful crown prince, are in the French capital looking to spend big on investments.
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How Will Jay Monahan of the PGA Tour and Yasir al-Rumayyan Work Together?
The stunning golf merger announced last week has raised many questions, and one big one is how will the Saudi wealth fund boss and the tour commissioner manage to work together?
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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.
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Saudi Arabia’s LIV Golf Deal Is a Triumph That Transcends Sports
The deal to merge LIV Golf with the PGA Tour is a big win for the oil-rich kingdom, headlining a banner week that also includes a visit from the American secretary of state.
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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.
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Saudi Arabia Cuts Oil Production to Boost Prices
Brent crude rose on Monday after the world’s biggest oil producer announced it would be the lone OPEC Plus member to cut production next month.
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Investors Worry What Strong Jobs Data Means for the Economy
Inflation, recession and labor market concerns loom large over the stock market ahead of Friday’s jobs report.
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Kushner’s Firm Was Backed by Investments From the Emirates and Qatar
The New York Times – Business:The infusion of money from interests in the two Persian Gulf monarchies reflects the close ties to Middle Eastern nations established by Jared Kushner, former President Donald Trump’s son-in-law.