Category: Mohammed bin Salman (1985- )

PGA Tour Can Depose Saudi Wealth Fund’s Leader, Judge Rules

The New York Times – Sports:
The decision in a case involving the LIV Golf series could open a rare window into the operations of Saudi Arabia’s Public Investment Fund.
Saudi Sponsorship Catches Women’s World Cup Hosts by Surprise

The New York Times – Sports:
Officials from Australia and New Zealand were blindsided by reports that FIFA would make Saudi Arabia’s tourism authority a partner for the tournament.
Confidential Records Show a Saudi Golf Tour Built on Far-Fetched Assumptions

The New York Times – Sports:
McKinsey documents suggest the Saudi league is far off-track for success. Experts say the analysis shows it was never just about profits.
Oil Prices Rise as the West Imposes a Cap on Russian Crude

The New York Times – Business:
Energy traders pushed crude prices higher on Monday following Europe’s embargo of seaborne Russian crude and a price cap by Group of 7 nations went into effect.
Saudis Find Sympathetic U.S. Ears at ‘Davos in the Desert’

The New York Times – Business:
A Saudi decision to support a cut in oil output infuriated Washington. But at an investment conference in Riyadh, there was plenty of praise for the kingdom.
A Secret, Failed Oil Deal: How the U.S.-Saudi Relationship Ruptured

The New York Times – Business:
Ahead of President Biden’s trip to Saudi Arabia this summer, his administration thought it had secured pledges of increases in oil production throughout the year. The opposite happened.
US Executives Are Flocking to Saudi Davos in the Desert

The New York Times – Business:
Some top American business leaders are headed to the Saudi business conference. But Biden administration officials, angry over the kingdom’s stance on oil production and ties with Russia, are staying away.