Analysis Biden Middle East 43 billion reasons why the US is key to Saudi’s wealth fund Saudi Arabia’s Public Investment Fund (PIF) is expected to continue with an investment strategy of “bargain hunting” in the United States but will likely deploy some caution, given current volatility in the US stock market. US president Joe Biden’s visit to the kingdom is an opportunity to strengthen bilateral business ties, commentators told AGBI, and […] July 8, 2022
Opinion Biden Middle East Partner or pariah? Biden must make his mind up on Saudi Murder and the Yemen war versus rising prices at the pump - the US president will have to use all his powers of diplomacy to get what he wants July 8, 2022
Analysis Biden Middle East US firms invest billions as Saudi appeal grows American businessmen first travelled to Saudi Arabia back in the 1930s to help develop the kingdom’s natural resources. Fast forward 90 years and, with record foreign investment licences issued in Saudi Arabia in the first quarter of 2022 and the country’s gross domestic product (GDP) growing at its fastest rate in a decade, it’s little […] July 8, 2022
Opinion Biden Middle East It’s the bankers who most want Biden and MbS to make nice Saudi Arabia want better relations with the US, Biden wants cheaper oil - but Wall Street can smell the money July 8, 2022
Energy Biden won’t push Saudi crown prince on oil U.S. President Joe Biden on Thursday said he would see Saudi Arabia’s king and crown prince during a visit to the country next month but that the purpose of his trip was not to press them to increase oil output. Asked at a press conference in Spain if he would ask the Saudi leaders to […] July 1, 2022
Energy Biden should not shake MBS’ hand in Riyadh, says top Democrat President Joe Biden should not visit Saudi Arabia or meet Crown Prince Mohammed bin Salman, the chairman of the US House intelligence committee said on Sunday. Rep. Adam Schiff was asked about reports that the president will travel to Riyadh in July and hold talks with the crown prince, Saudi Arabia’s de facto ruler – […] June 6, 2022
Energy White House praises Saudi crown prince ahead of expected Biden trip The White House took the rare step of recognising the role played by Saudi Arabia’s Crown Prince Mohammed bin Salman in extending a ceasefire in Yemen on Thursday ahead of what is expected to be a trip to Riyadh by President Joe Biden. White House press secretary Karine Jean-Pierre told reporters that bin Salman and […] June 3, 2022
Biden planning Gulf visit this month US officials are planning a trip for President Joe Biden to the Middle East later this month to meet Gulf allies, which could put him in the same room with Saudi Crown Prince Mohammed bin Salman, sources said on Wednesday. No final decisions have been made about the trip, according to sources inside and outside […] June 2, 2022
Energy Biden in talks to meet Saudi Crown Prince for first time US President Joe Biden and Saudi Arabian Crown Prince Mohammed bin Salman could meet for the first time as soon as next month, CNN reported on Thursday, citing multiple sources. Biden administration officials are in talks with the Saudis about arranging a potential in-person meeting while Biden is overseas next month, the report added. The […] May 20, 2022
Analysis Stars and strife: rebuilding UAE-US relations The passing of UAE President Sheikh Khalifa has prompted an outpouring of condolences and support from around the globe, with heads of state being hurriedly dispatched to Abu Dhabi. Particularly notable among these was the high-profile delegation sent by the US; headed by Vice-President Kamala Harris, it included nearly all of the administration’s top national […] May 19, 2022