Saudi Arabia
Biden fist bumps Saudi Prince MBS after condemning Jamal Khashoggi killing
President Joe Biden gave a friendly fist bump Friday to Saudi Arabia’s de facto ruler Crown Prince Mohammed bin Salman, whom the CIA has said likely ordered the brutal 2018 slaying of Washington Post columnist Jamal Khashoggi in Turkey. Biden’s warm gesture to Bin Salman as the president exited a limousine came ahead of their […]
Read More
Saudi crown prince’s visit to Turkey signals an ‘utterly remarkable’ posture change for Erdogan
Turkish President Recep Tayyip Erdogan R welcomes Saudi Arabia’s Crown Prince Mohammed bin Salman Al Saud in Ankara, Turkey, on June 22, 2022. Mustafa Kaya/Xinhua via Getty Images DUBAI, United Arab Emirates — Saudi Arabia’s Crown Prince Mohammed bin Salman has visited Turkey for the first time in years, marking a rapprochement between two of […]
Read More
House Oversight investigating $2 billion Saudi investment in Jared Kushner’s firm
White House senior adviser Jared Kushner stands among Saudi officials as President Donald Trump talks with Crown Prince Mohammad bin Salman of the Kingdom of Saudi Arabia during a meeting in the Oval Office at the White House on Tuesday, March 20, 2018 in Washington, DC. The Washington Post | The Washington Post | Getty […]
Read More
Russia takes majority control of key Ukrainian city; Moscow calls U.S. weapons package ‘direct confrontation.’ Follow our live updates
Russian forces in control of most of Sieverodonetsk: U.K. Russia has made significant gains in a strategic city in Ukraine’s Donbas, the eastern-most city that was still under Ukrainian control and a last Ukrainian holdout in the Luhansk region. “Russia has taken control of most of Sieverodonetsk. The main road into the Sieverodonetsk pocket likely […]
Read More
Thousands of people are leaving Hong Kong — and now it’s clear where they’re going
They stuck it out during the political protests of 2019. Then they lasted through nearly two years of pandemic. But this year, they say they’ve had enough. Residents of Hong Kong are leaving the city in droves in 2022 — not because they want to, several told CNBC, but because Covid restrictions and what they see […]
Read More
Saudi fund in early talks to potentially buy Carnival’s ultra-luxury Seabourn brand
An aerial view of Seabourn Encore cruise ship docked at Bodrum Cruise Port on April 27, 2022, in Mugla, Turkey. Ali Balli | Anadolu Agency | Getty Images Carnival is in preliminary discussions to sell its Seabourn ultra-luxury cruise brand to the Saudi sovereign wealth fund, people familiar with the situation told CNBC. Talks between […]
Read More
Saudi foreign minister says the kingdom’s hands are ‘stretched out’ to Iran
Saudi Arabia is seeing some progress on dialogue with its longtime adversary Iran, but not enough, the kingdom’s Foreign Minister Prince Faisal bin Farhan al-Saud told CNBC on Tuesday. In the meantime, the minister says it is eager to improve the two countries’ relationship. “In Saudi Arabia, and I think it’s the same in the […]
Read More
EV maker Lucid to accelerate plans with its Saudi Arabia factory, its first outside the U.S.
U.S. electric vehicle maker Lucid Group will set up its first overseas factory in Saudi Arabia, the company announced. Javier Blas | Bloomberg | Getty Images U.S. electric vehicle maker Lucid Group will set up its first overseas factory in Saudi Arabia, the company has announced. The manufacturing facility will be able to produce 155,000 […]
Read More
Lebanon holds first election since massive Beirut blast and financial collapse
A voter casts her ballot in Beirut. The parliament that will be formed by Lebanon’s election is expected to vote on long-delayed reforms required by the IMF to unlock financial support for the stricken country. Anwar Amro | Afp | Getty Images Polls opened on Sunday in Lebanon’s first election since the country’s economic collapse, […]
Read More
Apple is no longer the world’s most valuable company
Tim Cook, CEO of Apple Inc. Adam Jeffery | CNBC Oil giant Saudi Aramco on Wednesday surpassed Apple as the world’s most valuable firm. Aramco’s market valuation was just under $2.43 trillion on Wednesday, according to FactSet, which converted its market cap to dollars. Apple, which fell over 5% during trading in the U.S. on […]
Read More