Saudi Arabia has an incredible opportunity to move away from its complete dependence on oil, but it will need to make a number of structural changes to ensure its plans are not derailed.
Dara Khosrowshahi, CEO of Uber, took a u-turn after drawing criticism for comparing the gruesome killing of Jamal Khashoggi to the company's fatal driverless car accident in March 2018.
The drop in the kingdom's credit outlook comes as it faces the risk of being dragged into a regional conflict with Iran.
Journalist Jamal Khashoggi was killed inside Saudi Arabia's Istanbul consulate on October 2 last year.
One of the kingdom’s most significant oil facilities has been targeted. Here's what the experts say about it.
The Saudis might be considering Japan as a venue to go public with the world's most profitable company, and reap the benefits of the lower political and regulatory liabilities in the country.
The Senate voted overwhelmingly to confirm a retired four-star general, John Abizaid, as the US ambassador to Saudi Arabia, filling an important diplomatic post that has been vacant for more than two years.
The compensation paid to Jamal Khashoggi's family won't quell global outrage against the Saudi Kingdom.
Payments to four of children of the slain journalist "are part of an effort by Saudi Arabia to reach a long-term arrangement with Khashoggi family members, aimed in part at ensuring that they continue to show restraint in their public statements."
The Washington Post says "Trump isn’t just violating the law. He is also undermining the credibility and moral authority of the United States."
The Guardian reported that King Salman was angered by recent moves his son and heir-apparent made against him. Crown Prince Mohammed bin Salman has been in the spotlight over the war in Yemen and murder last year of journalist Jamal Khashoggi.
Saudi Arabia’s purge against its elite is not what changes investor perceptions. The monarchy must open up about the distribution of its oil wealth to attract investment.
Subscribe to our Youtube channel for all latest in-depth, on the ground reporting from around the world.
Copyright © 2023 TRT World.
Like
Follow