Mohammed bin Salman

May 14, 2025 8:50 AM

Trump says US to lift Syria sanctions, secures $600 billion Saudi deal

President Donald Trump kicked off his trip to the Gulf on Tuesday with a surprise announcement that the United States will lift long-standing sanctions on Syria, and a $600 billion commitment from Saudi Arabia to invest in the U.S. The U.S. agreed to sell Saudi Arabia an arms package worth nearly $142 billion, according to the White House which called it the largest "defense cooperation agreement" Washington has ever done. The end of sanctions on Syria would be a huge boost for a country that ...

June 7, 2024 3:19 PM

Saudi Arabia Crown Prince congratulates PM Modi on triumph in general elections

Saudi Arabia's Crown Prince Mohammed bin Salman has extended congratulations to Prime Minister Narendra Modi on his party's triumph in India's recently concluded general elections, highlighting the strong diplomatic relations between the two nations. "HRH Crown Prince Mohammed bin Salman congratulates the Indian Prime Minister Narendra Modi on his political party's victory in the general elections," the Saudi Ministry of Foreign Affairs stated on Friday. PM Modi is set for an unprecedented thi...

September 16, 2024 5:45 PM

Saudi Arabia may announce landmark Aramco share offering

Saudi Arabia may announce a landmark secondary share offering in oil giant Aramco later on Thursday, pending final approval, people with knowledge of the matter said. Final approval would come from Crown Prince Mohammed bin Salman. The share offering is expected to be launched on Sunday, the sources said. The offering is the culmination of a years-long effort to sell another chunk in one of the world's most valuable companies after its record-setting IPO in 2019 that raised $29.4 billion. Sou...