“They had expected sort of a bigger push back from the (Biden) administration but if this is it then the signal is fairly weak…So I don’t see this as being a major impediment to most companies seeking opportunities in the kingdom.”
–Neil Quilliam, managing director at Azure Strategy, a Middle East-focused consultancy, on the recently-released Khashoggi report and U.S.-Saudi business relations. Analysts say the report is unlikely to change investor sentiment towards Saudi Arabia in the absence of U.S. action against the prince. [Reuters]