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Saudi Aramco IPO should go according to plan

Saudi Aramco Chief Executive Officer Amin Nasser said the initial public offering of the state-oil producer will “certainly” happen when the conditions are right. Saudi Aramco said it is still in discussions to buy a stake in petrochemicals company Saudi Basic Industries Corp. (Sabic) from the kingdom’s sovereigh wealth fund, …

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Erdogan releases tapes of Khashoggi murder

Turkey has given recordings on the killing of Saudi journalist Jamal Khashoggi to Saudi Arabia, the United States, Germany, France and Britain, President Tayyip Erdogan said on Saturday. Turkish sources have said previously that authorities have an audio recording purportedly documenting the murder. Speaking ahead of his departure for France …

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Saudi export ban hits German shipyard

German shipbuilder Luerssen has suspended production of coastguard vessels it was building for Saudi Arabia and placed large numbers of staff on short hours, blaming uncertainty over whether Berlin would grant future weapons export licenses. After dissident journalist Jamal Khashoggi was killed in Saudi Arabia’s consulate in Istanbul, Chancellor Angela …

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Saudi Arabia bidding for South African defence contractor

Saudi Arabia has made a $1 billion bid for a broad partnership with South African state-owned defense group Denel that would include acquisition of a minority stake in a joint venture with Germany’s Rheinmetall (RHMG.DE), a source familiar with the offer said. Currently heavily dependent on imports, Saudi Arabia, the world’s third-largest defense spender, is seeking partnerships to …

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Al Jubeir: Don’t know where Khashoggi’s body is

Washington- Saudi Arabia’s Foreign Minister Adel Al Jubeir said Sunday the kingdom did not know where the body of slain journalist Jamal Khashoggi was, despite admitting to the killing and calling it a “tremendous mistake”. The comments from Foreign Minister Adel Al Jubeir were some of the most direct yet …

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Saudi crown prince is ‘gonna have to be replaced’ amid ‘insulting’ explanation for Khashoggi’s death, Rand Paul says

The Saudi government’s overnight announcement that Washington Post contributor Jamal Khashoggi died in a fistfight at its consulate in Turkey was “insulting,” and provided another reason Crown Prince Mohammad Bin Salman is “gonna have to be replaced,” Sen. Rand Paul, R-Ky., told “Fox News Sunday.” Authorities in Saudi Arabia said 18 suspects were in …

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Saudi official provides a new version of Khashoggi death

Jamal_ Khashoggi

by Marwa Rashad – RIYADH (Reuters) – As Saudi Arabia faced intensifying international scepticism over its story about the death of journalist Jamal Khashoggi, a senior government official laid out a new version of the death inside the Saudi consulate in Istanbul that in key respects contradicts previous explanations. The …

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