Category: Saudi Arabia

Saudi authorities estimate they may be able to recover between $50 billion and $100 billion from settlement agreements with suspects detained in an anti-corruption crackdown that has implicated prominent princes, Continue Reading

For those who had not been paying attention to the rise of Saudi Arabia’s Crown Prince Mohammed bin Salman, his recent dramatic detention of fellow princes and other senior figures Continue Reading

Don’t be fooled by the apparent dithering of OPEC and friends over whether to extend their output restraint when they meet at the end of the month. They know full Continue Reading

Saudi Arabia’s 32-year-old crown prince, Mohammed bin Salman, has spearheaded an anticorruption campaign. Authorities in Saudi Arabia are widening a corruption probe that has reached the upper echelons of the Continue Reading

As they mingled with Saudi Arabia’s business and political elite at the Ritz-Carlton in Riyadh last month, the world’s top financiers were effusive in their praise of Crown Prince Mohammed Continue Reading

The 600,000 barrels per day Port Arthur refinery has exclusively processed Saudi Arabian crude since 1988, when Saudi Aramco first bought a stake in the facility—the largest of its kind Continue Reading

As we noted shortly after the Crown Prince’s purge of potential rivals within Saudi Arabia’s sprawling ruling family, while the dozens of arrests were made under the pretext of an Continue Reading

Saudi authorities are negotiating settlements with princes and businessmen held over allegations of corruption, offering deals for the detainees to pay for their freedom, say people briefed on the discussions. Continue Reading