War on Gaza: Saudis overwhelmingly say Arab nations should cut ties with Israel
War on Gaza: Saudis overwhelmingly say Arab nations should cut ties with Israel Survey finds that 96 percent of Saudis
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War on Gaza: Saudis overwhelmingly say Arab nations should cut ties with Israel Survey finds that 96 percent of Saudis

Israeli Minister and War Council member Gideon Sa’ar said that he does not see the Palestinian Authority as a suitable partner for the post-war period, and would like for Egypt or Saudi Arabia to have a role in managing Gaza, RT Arabic reported. This came during an interview with the “i24NEWS” channel, in which he …
The post Israel wants Egyptian or Saudi role in managing Gaza appeared first on Egypt Independent.

CNN — US Secretary of State Antony Blinken on Thursday reaffirmed the Biden administration’s commitment to normalization between Israel and Saudi Arabia as he wrapped up his first solo visit to the Kingdom. At a press conference in Riyadh, the top US diplomat said he discussed the matter of normalization in his meetings, “and we …
The post Blinken says Israel-Saudi normalization remains a priority as he wraps visit to the Kingdom appeared first on Egypt Independent.

Elon Musk has testified that he was sure he had backing from Saudi financiers in 2018 to take Tesla Inc private, but says the fund later back-pedalled on its commitment. … Continued
The post Saudis backed taking Tesla private: Musk appeared first on The New Daily.

Saudi Arabia’s Kingdom Holding, the investment firm controlled by billionaire Prince Alwaleed Bin Talal, quietly invested more than $500 million in three major Russian energy companies between February and March, regulatory filings showed. By investing in Gazprom (GZPFY), Rosneft and Lukoil, Kingdom was likely seeking undervalued assets, but its move came as many Western nations …
The post Saudi fund invested $500 million in Russian oil as Ukraine invasion began appeared first on Egypt Independent.

After the Saudi Arabia’s Presidency of State Security announced, on Friday, that a wanted man named Abdullah bin Zayed Abdul Rahman Al-Bakry Al-Shehry blew himself up in Jeddah during his arrest procedures, questions arose about his identity and the case in which he is accused. The Presidency of State Security issued a statement on 4/21/1437 …
The post Who is the Saudi who blew himself up during his arrest and the case in which he is accused? appeared first on Egypt Independent.

The Saudi sovereign fund acquired minority stakes in four Egyptian government companies, at a value of US$1.3 billion. The acquisition came in favor of the Saudi Egyptian Investment Company, a subsidiary of the Saudi sovereign fund, which announced the establishment of the company a few days ago. The company’s investments are concentrated in the agricultural …
The post Saudi sovereign fund acquires stakes in 4 Egyptian government companies appeared first on Egypt Independent.

Thirty-one Saudi women have completed their training to drive high-speed trains in Saudi Arabia, after passing the first stage of the theoretical training that began last January. The trainees entered the second phase, which will last for about five months. The trainees will attend the practical training in the cockpit in the presence of professional …
The post 31 Saudi women to drive high-speed trains soon appeared first on Egypt Independent.

The Oman Infrastructure Investment Fund (Rakiza) obtained a capital commitment of SAR 1.125 billion(OMR 115 million) from the Saudi Public Investment Fund, , the Oman Infrastructure Investment Fund (Rakiza) announced, on Tuesday. According to Asharq Business website, the Saudi Crown Prince Mohammed bin Salman visited to Sultanate of Oman, and signed 13 agreements between the …
The post Saudi Public Investment Fund invests SAR 1.125 bln in Omani infrastructure appeared first on Egypt Independent.

Writing in Oil Price, Simon Watkins examines recent statements by Iraq’s Oil Minister, Ihsan Abdul-Jabbar, that the country aims to increase its crude oil production to 6 million barrels per day (bpd) by the end of 2027. Click here to read the full article.
The post Could Iraq Dethrone Saudi Arabia as Largest Oil Producer? first appeared on Iraq Business News.