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Exclusive: Saudi state taking control of Binladin construction giant - sources | Reuters

RIYADH/DUBAI (Reuters) - Saudi Arabia is taking managerial control of Saudi Binladin Group and discussing a possible transfer of some of the giant construction group’s assets to the state while its chairman and other family members are in detention, sources told Reuters.<p>FILE PHOTO: Buildings are …

Prince Salman’s Royal Rumble

Controversy isn’t exactly uncharted territory for World Wrestling Entertainment, better known as WWE. This is, after all, the company whose story …

Saudi King Salman's Bali Beach Holiday Turns Into Military Exercise

A Bali beach holiday for Saudi Arabia's King Salman and his considerable entourage has turned into a military exercise for host Indonesia.<p>The …

Austerity? Not on This Saudi Itinerary

LONDON — You could call it bling diplomacy.<p>As part of a monthlong tour in Asia to promote economic ties, King Salman of Saudi Arabia arrived in Indonesia on Wednesday to great fanfare, accompanied, the news media said, by a retinue with a net worth in the billions of dollars, including about 1,500 …

Why We Need to Rebalance U.S.-Saudi Relations

Ties between Washington and Riyadh are at one of their lowest points in history. There is plenty of blame to go around for this outcome. The regional …

Saudi Crown Prince Returns to Public Eye as Succession Looms

Mohammed bin Nayef’s recent prominence suggests he won’t be sidestepped to the throne<p>RIYADH—Saudi Arabia’s low-key crown prince is back, and he doesn’t seem to be ready to give up his turn on the throne.<p>For more than a year since King Salman came to power in January 2015, his young son, Deputy …

Can Mohammed bin Salman transform Saudi Arabia?

IT ALL began in 1985, when a young leader, groomed within the existing political elite but aware of its flaws, took power amid external threats, societal discontent and lower prices for oil, the state’s chief source of revenue. Mikhail Gorbachev launched perestroika thinking he could fix and, …

Attacking the ideology behind terror

<b>ANALYSIS/OPINION:</b><p>In the wake of the worst mass shooting in U.S. history since Sept. 11, 2001, it is pointless to debate whether the Orlando killings …

What do the Saudis want from America?

Much has been said about Saudi Deputy Crown Prince Mohammed bin Salman's ongoing visit to the United States. However, regardless of the intense speculation by some analysts about the tour's agenda; I think the trip should be seen as an insight into the new 'business as usual' in Saudi …

Saudi Arabia Is Iran's New National Security Threat

TEHRAN, Iran -- The relationship between Iran and the Gulf Cooperation Council countries -- a political and economic union consisting of Saudi Arabia, Kuwait, Oman, Qatar, Bahrain and the United Arab Emirates -- is on a dangerous trajectory and risks leading to direct confrontation. During a recent …

Oil Change: Affluent Saudi Arabia Goes to Work

Deputy crown prince’s urgent plan to wean kingdom from petroleum will mean deep changes in a conservative society long accustomed to handouts<p>RIYADH—Saudi Arabia’s leadership has taken up the challenge of weaning the kingdom from its dependence on oil. Ahmed Ameen is just trying to keep his …

Saudi Arabia

Saudi Arabia invests heavily in Uber

Saudi Arabia’s sovereign wealth fund has invested $3.5 billion (3.1 billion euros) into Uber.<p>It is a boost to the ride-hailing service’s expansion into the Middle East where it now operating in nine countries and 15 cities, competing against local startups such as Careem, which runs ride-hailing in …

Saudi Arabia

The other Wahhabi state

MIGHT soccer fans yet cheer a Wahhabi state? Qatar, the World Cup’s hosts in 2022, adheres to the same puritanical creed as its overbearing …

The Politics and Bureaucracy That Detemine Who Goes to Mecca

Iran’s ban on performing the Hajj is the latest in a myriad of political and safety restrictions.<p>The Kaaba at the start of the 2008 Hajj. (Photo: Al …