Showing posts with label King Abdullah bin Abed Al Aziz. Show all posts
Showing posts with label King Abdullah bin Abed Al Aziz. Show all posts

Friday, January 23, 2015

New Saudi king Salman bin Abdulaziz al Saud : "Saudi Arabia could not become a democracy"


New Saudi king Salman bin Abdulaziz : "Saudi Arabia could not become a democracy" (SP).

Saudi watchers believe that the new king will commit himself to King Abdullah's political stance by continuing to implement the same energy policy and foreign policy. This includes maintaining the Kingdom's alliance with the United States, continuing to back the military campaign against the Islamic State, and support for the drive to oust Syrian President Bashar Al Assad from office. Domestically, he's expected to pursue series of cautious, slow-moving reform initiatives. The new king will face an immediate foreign policy challenge in Yemen due to the resignation of ally Abdurabuh Mansur Hadi on Thursday.

No Respite For Oil as New Saudi King Promises More of The Same He indicated his views on internal democratization several years ago in 2010, AP notes, when he stated that Saudi Arabia could not become a democracy "because if we did, every tribe would be a party and then we would be like Iraq and would have chaos."

Salman served as the Mayor of Riyadh, the Saudi capital, between 1954-1960, becoming governor of Riyadh province in 1963, a position which he held for 48 years before stepping down to become Defense Minister in 2011. He went on to become Crown Prince in 2012. During his time in Riyadh, he oversaw the development of infrastructure, becoming known for his anti-corruption position. Within the royal family, he has been described as arbiter in family disputes. Salman is reported to have supervised fundraising efforts for the Afghan mujahedeen in the 1980s.

What Impact Will Saudi Succession Have on Oil Prices?: Expert's View Salman's sons include Prince Faisal, the governor of Medina, and his family is in control of much of the Saudi media. His son, Prince Abdulaziz, who serves as the Assistant Minister of Oil and Natural Resources, is believed not to have been supportive of the ministry's decision to maintain output at the OPEC Summit in November.

It is commonly reported that Salman suffers from dementia and Alzheimer's, and he is reported to have suffered a stroke in 2012, and to have undergone spinal surgery recently. Hmmmm......Guess the 'Muslim Brotherhood 'den' Qatar did not like the late king too much.


Thursday, January 22, 2015

Saudi king Dies, oil market reacts to news, portrait of the new king.


Saudi king Dies, oil market reacts to news.(CNN).

The oil market reacted swiftly to the death of the king of Saudi Arabia, the world's largest exporter of petroleum.

Crude oil was 2% higher immediately after the news broke, trading just above $47 a barrel.

King Abdullah bin Abdulaziz al Saud's health had been deteriorating in recent weeks, according to the state-run Saudi Press Agency. He was king of Saudi Arabia since 2005 and celebrated his 90th birthday in August.

His half-brother Prince Salman bin Abdulaziz al Saud was expected to assume the throne.

Saudi Arabia has 16% of the world's oil reserves, and in 2013 was the world's largest exporter of total petroleum liquids, according to the U.S. Energy Information Administration. The country is widely seen as the leader of OPEC.

Oil has fallen over 50% since the summer. Crude oil traded over $100 as recently as July. It now trades below $50. OPEC's decision, led by Saudi Arabia, on Thanksgiving Day to not cut production accelerated oil's plunge.

Saudi officials have repeatedly said the nation will not cut oil production. It's unlikely that the new king will alter that stance.Read the full story here.

Sunday, January 4, 2015

Salman reassures Arab leaders of Saudi King’s health


Salman reassures Arab leaders of Saudi King’s health. (SaudiGazette).

Several Arab leaders telephoned Crown Prince Salman Bin Abdulaziz, deputy premier and minister of defense, on Saturday to be reassured on the health of Custodian of the Two Holy Mosques King Abdullah.

The leaders included King Mohammed of Morocco, Djibouti President Ismail Omar Guelleh, former Lebanese President Michel Suleiman, Lebanese Premier Tammam Salam and President Omar Al-Bashir of Sudan.

For his part, Prince Salman reassured them on the King’s health and thanked them for their feelings and concern.

Earlier in the evening, Crown Prince Salman and Deputy Crown Prince Muqrin Bin Abdulaziz, second deputy premier, visited King Abdulaziz Medical City for the National Guard in Riyadh, to check on the King’s health.

They were received by Minister of National Guard Prince Miteb Bin Abdullah, and Deputy Minister of Foreign Affairs Prince Abdulaziz Bin Abdullah, among others.

The Kingdom’s Grand Mufti Sheikh Abdulaziz Al-Asheikh, former Lebanese Premier Saad Hariri, several scholars and sheikhs, senior military and civilian officials and groups of citizens also visited the hospital to inquire about the King’s health

Sunday, August 12, 2012

Saudi Arabia’s Prince Al Waleed Bin Talal Bin Abedel Aziz survives car crash, wife confirms accident on Twitter.


Saudi Arabia’s Prince Al Waleed Bin Talal Bin Abedel Aziz survives car crash, wife confirms accident on Twitter.(E24/7).Princess Ameera Al Taweel, wife of Saudi Arabia’s Prince Al Waleed Bin Talal Bin Abedel Aziz, has confirmed her husband is ‘doing well’ post a horrific car crash over the weekend. The princess confirmed the same on her official Twitter account in Arabic, posting that her husband is safe and praised God for preserving him from evil.

According to reports, Prince Al Waleed escaped certain death when his car, a black Range Rover, flipped over three times of the Jeddah-Makkah highway. The Prince was accompanying the convoy of King Abdullah bin Abed Al Aziz as it made its way from Jeddah to Makkah, where the Custodian of the two Holy Mosques planned to spend the last 10 days of Ramadan. The car was completely destroyed by the accident. However, the Prince walked away unharmed and is reportedly in very good health according to his wife. Meanwhile, images of a crash vehicle claiming to be the car Prince Waleed was travelling in have also emerged on the micro-blogging site, which is placed on a tow truck. Considered the richest man in the Middle East is the CEO of Kingdom Holding Company, as of Q1 2012, his personal wealth is estimated to be $18 billion.Hmmmm....."The Prince was accompanying the convoy of King Abdullah bin Abed Al Aziz as it made its way from Jeddah to Makkah".....An attempt on the King's life?Read the full story here.
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