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  • Saudi Crown Prince MBS to Meet France President Macron With Energy on Agenda

    As European countries seek alternatives to Russian energy amid war in Ukraine, the two leaders are likely to discuss Saudi Arabia’s role in oil markets as the world’s largest crude exporter. They’re set to have dinner Thursday night at the Elysee Palace, with energy a key theme on the agenda, an official familiar with the discussions said.

  • Saudi Crown Prince MBS in Europe for First Time Since Khashoggi Killing

    French President Emmanuel Macron had already beaten a path to Saudi Arabia, in December becoming the first western leader to travel there and meet the crown prince since the Khashoggi killing. The two countries have ties in fields such as defense and France has been extensively involved in the development of Saudi Arabia’s historic Al Ula region, which Prince Mohammed wants to turn into a global tourist destination.

  • Putin and MBS discuss oil less than week after Biden visit to Saudi Arabia

    Putin and MBS on Thursday stressed the friendly relations between Russia and Saudi Arabia and discussed the global oil market and expanding trade and economic ties, according to the Kremlin readout of the call. “The importance of further coordination within the framework of OPEC+ was emphasized," the Kremlin said. Both leaders noted that OPEC and its allied producers “are consistently fulfilling their obligations in order to maintain the necessary balance and stability in the global energy market," the readout added.

  • Alinma Bank, Foodics sign strategic partnership to empower SMBs in Saudi

    Under this partnership, the two brands have come together to launch new products to enable small business owners to have full autonomy over their business decisions, allowing them to sell from anywhere at any time and accept payments on the go. This will allow them to maximise their sales and their productivity, while keeping track of their sales figures, inventory and customers.

  • Biden’s fist bump with MBS ‘a win’ for US President: Saudi foreign minister

    "He got out of it a meeting with a key leader in the region. He got out of it, I think, reinvigoration of the strategic partnership between Saudi Arabia and the United States." Bin Farhan said it was "quite normal" that the leaders had exchanged "pleasantries", adding, "I don't know why we're hung up on a fist bump."

  • Making Saudi Inc: How MBS drove the sovereign wealth fund’s oil-fueled takeover

    A few years from now, an American executive flying into Saudi Arabia could disembark from an airline founded by its sovereign wealth fund and order an Uber, a company in which the same fund owns a 4% stake. Whisked across the capital, the executive might check into a boutique hotel in a former palace, also owned by the Public Investment Fund. Attending the PIF’s annual conference, they could sip coffee farmed through a venture led by the fund, then sign a deal with a PIF-owned defense firm. That evening, the executive might catch dinner and a movie at a complex developed by its entertainment arm, flying home without touching a single business not linked to the PIF.

  • Opinion: Biden’s America and MBS’s Saudi Arabia: Is Diplomacy Possible?

    Instead of a sweeping rebuke, perhaps an acknowledgement of the heinous crime without the excoriation of the U.S.’ most valuable ally in the Muslim-majority world, would have been more astute. This is a region where memories are measured by the reigns of monarchs and time dates back to the Hijra, the Prophet Mohammed’s divinely ordained decampment from Mecca, in the year 622 of the modern era.

  • Saudi Arabia Lifts Travel Ban to Turkey Ahead of Crown Prince MBS Visit

    Saudi Arabia ended a ban on travel to Turkey on Monday, re-opening a major channel for tourism and investment ahead of a visit by the crown prince to help repair ties. Saudi citizens will once again be allowed to travel to Turkey, Ethiopia, Vietnam and India, the Interior Ministry said, linking the decision to developments in the pandemic. Travel to Turkey and several other countries was prohibited for Saudi nationals during the Covid-19 health emergency, with the threat of a three-year ban on foreign travel for violators. The decision coincided with a period of particularly tense relations between the two regional powers.

  • MbS to embark on first major extra-regional tour since 2018

    Saudi Crown Prince Mohammed bin Salman Al Saud (MbS) is set to embark on his first major extra-regional tour since 2018. MbS will reportedly travel to Egypt, Algeria, Cyprus, and Greece next month. As part of the tour, he will also travel to Turkey in a sign of warming relations between the two regional powerhouses. This comes amid speculations of an upcoming visit to Saudi Arabia in late June by US President Joe Biden.

  • Saudi-US consultations pave the way for possible Biden-MbS meeting

    Saudi Arabia and the United States are stepping up their engagement amid soaring global energy prices. Saudi Deputy Defense Minister Khalid bin Salman Al Saud (KbS) has paid a visit to the US in an effort to reset the bilateral relationship. Meanwhile, US officials are reportedly visiting Saudi Arabia for talks on oil production, normalization steps with Israel and a possible trip by US President Joe Biden.