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mohammed bin salman

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Saudi Crown Prince Mohammed bin Salman has put Public Investment Fund (PIF), Saudi Arabia's main sovereign wealth fund, at the centre of reforms.(AP)

How rich is Saudi Arabia? Kingdom does the math in balance sheet overhaul

Reuters | , Dubai
PUBLISHED ON FEB 23, 2021 10:19 PM IST
"The main purpose of this programme is to have a financial equivalent of an MRI of the government balance sheet," a Finance Ministry spokesman said.
Saudi Crown Prince Mohammed bin Salman considered by many to be the kingdom's de facto leader and is next in line to the throne held by 85-year-old King Salman(REUTERS)
Saudi Crown Prince Mohammed bin Salman considered by many to be the kingdom's de facto leader and is next in line to the throne held by 85-year-old King Salman(REUTERS)

US defence secretary calls Saudi Crown Prince, reaffirms strategic ties

Reuters | , Dubai
PUBLISHED ON FEB 19, 2021 02:29 PM IST
  • Crown Prince Mohammed, who is also Saudi Defence Minister, reviewed bilateral relations with Lloyd Austin, especially in defence cooperation
Saudi Crown Prince Mohammed bin Salman said Saudi Arabia’s investment plans in India are on track(Raj K Raj/HT Photo)
Saudi Crown Prince Mohammed bin Salman said Saudi Arabia’s investment plans in India are on track(Raj K Raj/HT Photo)

Our investment plans on track, Indian economy has strength to bounce back: Saudi

London | By Press Trust of India | Posted by Prashasti Singh
UPDATED ON DEC 21, 2020 07:40 AM IST
In February last year, Saudi Crown Prince Mohammed bin Salman announced that Saudi Arabia would invest over USD 100 billion in India in petrochemicals, refining, infrastructure, mining and manufacturing, agriculture and several other sectors.
Saudi Arabia's Crown Prince Mohammed bin Salman(Reuters/ File photo)
Saudi Arabia's Crown Prince Mohammed bin Salman(Reuters/ File photo)

Saudi ‘mini Ritz’ corruption crackdown evokes awe, fear

Agence France-Presse | By Agence France-Presse| Posted by Mallika Soni
PUBLISHED ON DEC 14, 2020 05:14 PM IST
In dramatic gumshoe-style investigations published on state media, the official anti-corruption agency Nazaha says it has caught bribe-seekers “red-handed” in live raids and sniffed out illicit cash hidden in attics, an underground safe and even a mosque.
Israel recently signed normalisation agreements with two Gulf states.(AFP)
Israel recently signed normalisation agreements with two Gulf states.(AFP)

Saudi denies reported talks between Crown Prince, Netanyahu

Riyadh | By Agence France-Presse | Posted by Kunal Gaurav
UPDATED ON NOV 23, 2020 07:34 PM IST
Israeli media reported on Monday that Prime Minister Benjamin Netanyahu flew to Saudi Arabia for a meeting with Crown Prince Mohammed bin Salman.
FILE PHOTO: Israeli Prime Minister Benjamin Netanyahu arrives for a speech at his Jerusalem office, regarding the new measures that will be taken to fight the coronavirus, March 14, 2020. Gali Tibbon/Pool via REUTERS/File Photo(REUTERS)
FILE PHOTO: Israeli Prime Minister Benjamin Netanyahu arrives for a speech at his Jerusalem office, regarding the new measures that will be taken to fight the coronavirus, March 14, 2020. Gali Tibbon/Pool via REUTERS/File Photo(REUTERS)

Israeli PM Benjamin Netanyahu flew to Saudi Arabia, met crown prince: Reports

Jerusalem | By Associated Press | Posted by Kunal Gaurav
UPDATED ON NOV 23, 2020 03:02 PM IST
Hebrew-language media cited an unnamed Israeli official as saying that Netanyahu and Yossi Cohen, head of Israel’s Mossad spy agency, flew to the Saudi city of Neom on Sunday, where they met with the crown prince.
Slain Saudi journlaist Jamal Khashoggi.(AP)
Slain Saudi journlaist Jamal Khashoggi.(AP)

Slain Saudi journalist Jamal Khashoggi’s family sues Saudi Crown Prince

Washington, United States | By Associated Press | Posted by Shivani Kumar
UPDATED ON OCT 21, 2020 12:35 AM IST
The lawsuit was filed Tuesday in Washington, D.C., on behalf of Khashoggi’s fiancee Hatice Cengiz and Democracy for the Arab World Now or DAWN, the human rights organization that Khashoggi founded shortly before his death.
School textbooks, once well-known for denigrating Jews and other non-Muslims as “swines” and “apes”, are undergoing revision as part of Crown Prince Mohammed bin Salman’s campaign to combat extremism in education, officials say.(REUTERS)
School textbooks, once well-known for denigrating Jews and other non-Muslims as “swines” and “apes”, are undergoing revision as part of Crown Prince Mohammed bin Salman’s campaign to combat extremism in education, officials say.(REUTERS)

No deal with Israel, but Saudi pushes outreach to Jews

By Agence France-Presse | Posted by Amrutha Kosuru
UPDATED ON SEP 23, 2020 12:08 PM IST
Saudi Arabia is pushing to change public perceptions about Jews with a risky outreach to a community that has long been vilified by the kingdom’s clerical establishment and media, laying the groundwork for an eventual recognition.
Union Minister of Environment, Forest and Climate Change Prakash Javadekar.(PTI)
Union Minister of Environment, Forest and Climate Change Prakash Javadekar.(PTI)

News updates from Hindustan Times: Centre to set up national recruitment agency, one CET soon for job seekers and all the latest news

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON AUG 19, 2020 05:01 PM IST
Here are today’s top news, analysis and opinion. Know all about the latest news and other news updates from Hindustan Times.
King Salman bin Abdulaziz is undergoing medical checks(Reuters)
King Salman bin Abdulaziz is undergoing medical checks(Reuters)

84-year-old Saudi King Salman bin Abdulaziz hospitalised

Riyadh | By Reuters | Posted by Prashasti Singh
UPDATED ON JUL 20, 2020 05:25 PM IST
The defacto ruler and next in line to the throne is the crown prince, Mohammed bin Salman, widely known by his initials MBS, who has launched reforms to transform the kingdom’s economy and end its “addiction” to oil.
Jamal Khashoggi was killed and dismembered at the Saudi consulate in Istanbul in October 2018.(Reuters File Photo)
Jamal Khashoggi was killed and dismembered at the Saudi consulate in Istanbul in October 2018.(Reuters File Photo)

After Saudi journalist Jamal Khashoggi’s sons forgive killers, his fiancée says ‘no one has right’

Istanbul | By Agence France-Presse | Posted by Kanishka Sarkar
UPDATED ON MAY 22, 2020 10:01 PM IST
Saudi journalist Jamal Khashoggi’s Hatice Cengiz said “the killers came from Saudi with premeditation to lure, ambush & kill him... We will not pardon the killers nor those who ordered the killing.”
An oppressive “guardianship” system also gave male relatives the right to object to the women’s professional aspirations.(Unsplash)
An oppressive “guardianship” system also gave male relatives the right to object to the women’s professional aspirations.(Unsplash)

As society opens, Saudi women surge into job market

Riyadh | By Agence France-Presse
UPDATED ON APR 28, 2020 03:36 PM IST
For decades, straitlaced Saudi society offered limited opportunities for women seeking a paid job and the few who did find work were mostly restricted to the health and education sectors.
The latest royal decree by King Salman could spare the death penalty for at least six men from the country’s minority Shiite community who allegedly committed crimes while under the age of 18.(REUTERS)
The latest royal decree by King Salman could spare the death penalty for at least six men from the country’s minority Shiite community who allegedly committed crimes while under the age of 18.(REUTERS)

Saudi Arabia ends death penalty for minors and floggings

Dubai | By Associated Press
PUBLISHED ON APR 27, 2020 07:38 AM IST
In a document seen by The Associated Press, the royal decree orders prosecutors to review cases and drop punishments for those who’ve already served the maximum 10 years.
The detentions mark the latest crackdown by de facto ruler Crown Prince Mohammed bin Salman, who has consolidated his grip on power .(Reuters File Photo)
The detentions mark the latest crackdown by de facto ruler Crown Prince Mohammed bin Salman, who has consolidated his grip on power .(Reuters File Photo)

Three Saudi Arabia princes detained, accused of treason: Report

Riyadh | By Agence France-Presse
UPDATED ON MAR 07, 2020 06:40 AM IST
Crown Prince Mohammed bin Salman has consolidated his grip on power with the imprisonment of prominent clerics and activists as well as princes and business elites. The detentions signal of him further tightening his grip on power.
The relationship between the Amazon chief executive and the Saudi government had soured since after he alluded to Saudi Arabia’s displeasure at the Bezos’ owned Washington Post’s coverage of the murder of its columnist and Saudi journalist Jamal Khashoggi.(Raj K Raj/HT File Photo)
The relationship between the Amazon chief executive and the Saudi government had soured since after he alluded to Saudi Arabia’s displeasure at the Bezos’ owned Washington Post’s coverage of the murder of its columnist and Saudi journalist Jamal Khashoggi.(Raj K Raj/HT File Photo)

Saudi dubs report of Kingdom hacking Jeff Bezos’ phone ‘absurd’, calls for probe

Cairo | By Reuters
UPDATED ON JAN 22, 2020 09:54 AM IST
A digital forensic analysis suggested the theft of data from the Amazon.com Inc. chief’s phone in 2018 started with an infected video file sent via WhatsApp from the personal account of Mohammed bin Salman, the Guardian newspaper reported.
Theft of data from the Amazon chief Jeff Bezos phone in 2018 started with an infected video file sent via WhatsApp from the personal account of Mohammed bin Salman, according to a newspaper report.(Reuters File Photo)
Theft of data from the Amazon chief Jeff Bezos phone in 2018 started with an infected video file sent via WhatsApp from the personal account of Mohammed bin Salman, according to a newspaper report.(Reuters File Photo)

Saudi crown prince hacked Amazon chief Jeff Bezos’s phone: Report

Bloomberg | By Matt Day
UPDATED ON JAN 22, 2020 06:43 AM IST
Gavin de Becker, a security consultant for Bezos, later said he believed the Saudi Arabian government had accessed Bezos’s phone before the Enquirer exposed his affair in 2018.
Saudi traders chat as they follow a screen displaying Saudi stock market values at the Arab National Bank in Riyadh, Saudi Arabia, Thursday, Dec. 12, 2019.(AP photo for representation)
Saudi traders chat as they follow a screen displaying Saudi stock market values at the Arab National Bank in Riyadh, Saudi Arabia, Thursday, Dec. 12, 2019.(AP photo for representation)

Saudi Aramco inches near $2 trillion in day 2 of trading

Riyadh, Saudi Arabia | By Associated Press
UPDATED ON DEC 12, 2019 07:16 PM IST
Shares jumped in trading to reach up to 38.60 Saudi riyals, or $10.29 before noon, three hours before trading closes.
Saudi Arabia on Sunday placed a preliminary valuation on state oil company Aramco of between $1.6 trillion and $1.7 trillion.(REUTERS)
Saudi Arabia on Sunday placed a preliminary valuation on state oil company Aramco of between $1.6 trillion and $1.7 trillion.(REUTERS)

Aramco declares $1.71 trillion valuation in blockbuster IPO

Riyadh | By Indo Asian News Service
UPDATED ON NOV 17, 2019 05:12 PM IST
The much-delayed offering, a cornerstone of de facto ruler Prince Mohammed’s ambitious plan to diversify the oil-reliant economy, could exceed the world’s biggest listing -- the $25 billion float of Chinese retail giant Alibaba in 2014.
Prince Mohammed has sought to ease restrictions on women with multiple reforms including a historic decree that ended a decades-old ban on female motorists.(Bloomberg photo)
Prince Mohammed has sought to ease restrictions on women with multiple reforms including a historic decree that ended a decades-old ban on female motorists.(Bloomberg photo)

Saudi backpedals on video labelling feminism ‘extremism’

Riyadh | By Agence France-Presse
UPDATED ON NOV 13, 2019 05:11 PM IST
Saudi Arabia’s security agency said the video contained “many mistakes” and suggested that those behind it would face a formal investigation, according to a statement posted late Tuesday by the official Saudi Press Agency.
Saudi Crown Prince Mohammed bin Salman
Saudi Crown Prince Mohammed bin Salman

Malavika’s Mumbaistan: Big Boys, Big Toys

Hindustan Times | By Malavika Sangghvi
UPDATED ON NOV 10, 2019 11:45 PM IST
Last week, Saudi Crown Prince Mohammed bin Salman invited the world’s tycoons and their yachts to witness the progress made on the Amaala project.
Saudi Arabia’s King Salman hosted the Central Intelligence Agency’s director Thursday(REUTERS)
Saudi Arabia’s King Salman hosted the Central Intelligence Agency’s director Thursday(REUTERS)

Saudi king hosts CIA chief for talks

Riyadh | By Agence France-Presse
UPDATED ON NOV 08, 2019 06:26 AM IST
The meeting in Riyadh was attended by a number of Saudi officials including Foreign Minister Prince Faisal bin Farhan and intelligence chief Khalid al-Humaidan.
Few question the decision of the crown prince, the de facto Saudi leader, to diversify the nation’s economy away from its huge stores of fossil fuel. But the IPO came at a sub-optimal moment.(Reuters File Photo)
Few question the decision of the crown prince, the de facto Saudi leader, to diversify the nation’s economy away from its huge stores of fossil fuel. But the IPO came at a sub-optimal moment.(Reuters File Photo)

Saudis save up for Aramco share sale many see as one-way bet

Bloomberg | By Donna Abu-Nasr and Rodney Jefferson
UPDATED ON NOV 04, 2019 01:33 PM IST
It’s not clear how much of Aramco will be sold to locals before shares start trading likely in December. And no one knows what the payoff will be -- whether Saudis can expect a handsome payday or whether they’ll have to hunker down for a long haul.
The BJP and Shiv Sena have been at an impasse over the power-sharing formula in Maharashtra since the results of assembly elections were announced on October 24.(HT Photo )
The BJP and Shiv Sena have been at an impasse over the power-sharing formula in Maharashtra since the results of assembly elections were announced on October 24.(HT Photo )

News updates from Hindustan Times at 1 PM: Talks with BJP only on CM post, says Shiv Sena and all the latest news at this hour

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON NOV 03, 2019 01:05 PM IST
Here are today’s top news, analysis and opinion curated for you at 1pm. Know all about the latest news and other news updates from Hindustan Times.
Aramco, which pumps about 10% of the world’s oil, generated the most profit of any corporation last year with net income of $111 billion -- more than Apple Inc., Google’s parent Alphabet Inc. and Exxon Mobil Corp. combined.(REUTERS FILE)
Aramco, which pumps about 10% of the world’s oil, generated the most profit of any corporation last year with net income of $111 billion -- more than Apple Inc., Google’s parent Alphabet Inc. and Exxon Mobil Corp. combined.(REUTERS FILE)

Saudi Crown Prince gives green light for Aramco IPO

Bloomberg | By Matthew Martin
UPDATED ON NOV 03, 2019 11:54 AM IST
The approval shall be valid for six months, and the company’s prospectus will be published prior to the start of the subscription period, according to the statement.
Prime Minister Narendra Modi meets H.M. King Salman bin Abdulaziz Al Saud in Riyadh, Saudi Arabia.(PTI photo)
Prime Minister Narendra Modi meets H.M. King Salman bin Abdulaziz Al Saud in Riyadh, Saudi Arabia.(PTI photo)

PM Narendra Modi leaves for home after concluding visit to Saudi Arabia

Riyadh | By Press Trust of India
UPDATED ON OCT 30, 2019 06:26 AM IST
PM Narendra Modi, held wide-ranging talks with Saudi King Salman bin Abdulaziz and powerful Crown Prince Mohammed bin Salman, during which a Strategic Partnership Council was established to coordinate on important issues.
Prime Minister Narendra Modi arrived in Riyadh on Tuesday morning.(Narendra Modi/twitter)
Prime Minister Narendra Modi arrived in Riyadh on Tuesday morning.(Narendra Modi/twitter)

India, Saudi Arabia share similar security concerns: PM Modi

Hindustan Times, Riyadh | By Rezaul H Laskar
UPDATED ON JUL 15, 2020 07:48 AM IST
Modi also said under the leadership of King Salman and Crown Prince Mohammed bin Salman, bilateral relations will only grow stronger.
International businesses have moved on from Khashoggi.(AP Photo)
International businesses have moved on from Khashoggi.(AP Photo)

Saudi hosts ‘Davos in desert’ as outrage fades over Khashoggi murder

Riyadh | By Agence France-Presse
UPDATED ON OCT 27, 2019 02:12 PM IST
Dozens of global policymakers and tycoons will attend a Saudi investment summit starting Tuesday, helping the kingdom turn the page on a critic’s murder that triggered a mass boycott last year.
The system of shelters operated around the kingdom is opaque but accounts of conditions there paint a dire picture.(Reuters image)
The system of shelters operated around the kingdom is opaque but accounts of conditions there paint a dire picture.(Reuters image)

Woman missing from home can’t travel alone in Saudi Arabia

Riyadh | By Agence France-Presse
UPDATED ON OCT 23, 2019 10:23 AM IST
The move, part of de facto ruler Crown Prince Mohammed bin Salman’s plan to revamp the national image, ended a longstanding rule that prompted some extreme attempts to flee the kingdom.
The move to allow women in Saudi Arabia to serve in the armed forces is the latest in a series of measures aimed at increasing the rights of women in the kingdom.(Bloomberg File Photo)
The move to allow women in Saudi Arabia to serve in the armed forces is the latest in a series of measures aimed at increasing the rights of women in the kingdom.(Bloomberg File Photo)

Saudi Arabia rules women can join armed forces

Riyadh | By Agence France-Presse
UPDATED ON OCT 10, 2019 08:06 AM IST
Crown Prince Mohammed bin Salman, the kingdom’s de facto ruler, has approved a handful of reforms aimed at widening women’s rights, including allowing them to drive and to travel abroad without consent from a male “guardian”.
Women, including Saudis, are also permitted to rent hotel rooms by themselves, in a break with previous regulations.(Reuters/ Representative Image)
Women, including Saudis, are also permitted to rent hotel rooms by themselves, in a break with previous regulations.(Reuters/ Representative Image)

Saudi Arabia allows foreign men and women to share hotel rooms

Riyadh | By Reuters
UPDATED ON OCT 05, 2019 06:39 AM IST
Women, including Saudis, are also permitted to rent hotel rooms by themselves, in a break with previous regulations.
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