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Saudi Embassy Denies Hacking Bezos Phone, UN Experts Call For Investigation
Wednesday, January 22, 2020 - 10:35am | 366Read More...Saudi Arabia is dismissing reports it's behind the hacking of Amazon.com, Inc. (NASDAQ: AMZN) CEO Jeff Bezos' phone. The Guardian reported Tuesday that Saudi Crown Prince Mohammed bin Salman was behind the hacking of Bezos' phone in 2018, citing results of a new digital forensic...
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Saudi Prince Reportedly Involved In Hacking Of Jeff Bezos Phone
Wednesday, January 22, 2020 - 5:21am | 400Read More...Saudi Prince Mohammed bin Salman was behind the hacking of Amazon.com Inc. (NASDAQ: AMZN) CEO Jeff Bezos’ phone in 2018, reported The Guardian, citing results of a new digital forensic analysis. What Happened A seemingly innocent WhatsApp message sent to Bezos from Mohammed bin Salman’s...
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Saudi Arabia Eases Gender Segregation In Restaurants
Monday, December 9, 2019 - 12:01am | 285Read More...The Kingdom of Saudi Arabia has relaxed laws requiring restaurants to have gender-segregated entrances, Reuters reported on Sunday. What Happened The restaurants were previously required to have two separate entrances for men coming in alone and for families, including women, according to...
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Opinion | There Was Blood: Investors Should Reject Saudi-Aramco's Blood-Money Public Offering
Wednesday, December 4, 2019 - 6:00am | 354Read More...This column does not necessarily reflect the opinion of the Benzinga editorial board. On Oct. 2, 2018, Jamal Khashoggi, a Washington Post columnist and Saudi dissident, was murdered and dismembered with a bonesaw at the Turkish Embassy in Istanbul by a Saudi assassination team known as “Tiger...
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Could Political Risk Lower Value Of Aramco Ahead Of IPO?
Wednesday, November 6, 2019 - 10:35pm | 530Read More...Suggestions about how much Saudi Aramco is actually worth as the oil giant heads for its IPO vary by nearly $1 trillion, and uncertainty surrounding the region's political volatility and the company's control by the Saudi government is raising more questions than any concerns about the...
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Oil, Stocks Hang In Balance Ahead Of G20 Meeting
Monday, November 26, 2018 - 1:41pm | 541Read More...The oil market stabilized Monday following a 6 percent sell-off Friday ahead of this week’s G20 meeting. Saudi Arabia is reportedly producing record levels of crude oil in the month of November, and U.S. President Donald Trump has urged the Saudis not to cut production at the OPEC meeting...
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Saudi Arabia's Surprising Leadership Move Unlikely To Have Impact On Oil Prices
Wednesday, June 21, 2017 - 11:39am | 416Read More...Saudi Arabia's ruling family made a surprise move in which King Salman's son, 31-year-old Mohammed bin Salman bin Abdulaziz, will now be first in line to succeed as ruler of the country, CNBC reported. The 31-year-old has also been named deputy prime minister in addition to maintaining his...
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Saudi Aramco Might Not Be Worth Anywhere Near $2 Trillion
Thursday, February 23, 2017 - 3:28pm | 390Read More...Saudi Aramco, the Saudi Arabian government-owned oil company, is considered the world's most valuable company with estimates ranging in the trillions of dollars with most recent estimates coming in at around $2 trillion. But as the oil giant is prepping for a historic initial public offering, the...
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Bloomberg's 50 Most Influential People: The Who's Who Of Global Finance, Government And Entertainment
Thursday, September 22, 2016 - 10:09am | 534Read More...Bloomberg published a list on Thursday of who its reporters and editors consider to be the most influential people in the world. For many, the list shouldn't come as a surprise and contains familiar names including JPMorgan Chase & Co. (NYSE: JPM)'s CEO Jamie Dimon, Tesla Motors Inc (NASDAQ:...
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Is This 'The Beginning Of The End' For OPEC?
Tuesday, May 24, 2016 - 2:17pm | 358Read More...Saudi Arabia is a founding member of the Organization of the Petroleum Exporting Countries (OPEC) and its largest member. So, why is the country hinting that it may pursue a future in which the organization is irrelevant? Saudi Arabia has indicated in the past that it no longer cares for OPEC's...
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What Can Investors Expect From The New Saudi Oil Minister?
Monday, May 9, 2016 - 1:30pm | 390Read More...Over the weekend, Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman named Khalid al-Falih as the nation's new energy minister. The change marks the first transition at the position since 1995. For U.S. oil investors, the impact of Falih’s appointment on the global oil market...
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Fallout From The Disastrous Doha Oil Producers Meeting: Is The Rally Over?
Monday, April 18, 2016 - 3:18pm | 521Read More...The highly-anticipated meeting of OPEC and non-OPEC global oil producers this weekend in Doha did very little to inspire confidence among oil investors that a timely solution to the massive crude oil glut is imminent. Although the purpose of the meeting was to discuss a potential global production...
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Why Are Oil Prices Tanking 2 Weeks Before Potential Global Production Freeze Agreement?
Saturday, April 2, 2016 - 12:59pm | 300Read More...Oil investors had high hopes for this month’s international meeting of leading OPEC and non-OPEC oil producers, who will reportedly be discussing a plan to freeze global oil production. Rumors surrounding the meeting have been driving a huge rally in crude oil prices after they hit their...
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Saudi Arabia Will Halt Oil Production Increases Only If Iran Follows Suit
Friday, April 1, 2016 - 12:54pm | 251Read More...Crude oil traded lower on Friday as the prospect of a freeze in output among major global producers turned grim. According to Bloomberg, Saudi Arabia pledged to freeze its oil output, but under a major condition – Iran and other major producers must promise to follow suit. OPEC and non-OPEC...
