‘A new page’ as Trump makes historic visit to Saudi Arabia

May 20, 2017

Riyadh, May 20: President Donald Trump is set to arrive in Saudi Arabia on Saturday morning, for a historic meeting tipped to “turn the page” on US-Arab affairs after a strained relationship under the previous American administration.

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Shortly after the president touches down in Riyadh aboard Air Force One, he will engage in a series of diplomatic meetings with King Salman and senior Saudi officials.

Trump’s first official foreign trip since taking office will coincide with three key summits on Saturday and Sunday, as well as several business activities, cultural, intellectual and sports celebrations.

The Saudi-US Summit on Saturday will feature a series of bilateral meetings between King Salman and Trump, and “focus on re-affirming the long-standing friendship, and strengthening the close political, economic, security and cultural bonds between the two nations.”

It will be followed Sunday by the GCC-US Summit, Arab Islamic American Summit, and the inauguration of the Global Center for Combating Extremist Ideology.

Experts told Arab News that the visit by Trump will boost US-Arab ties after the relationship soured under his predecessor President Barack Obama.

“By selecting Saudi Arabia as the first stop on his historic visit, the first official one to any foreign country, President Trump has been prudent to seize an opportunity to turn a new and more positive page toward Arabs and Muslims in the region and beyond,” John Duke Anthony, founding president and CEO of the National Council on US-Arab Relations, writes on page seven.

“The president’s visit has a chance to begin healing wounds that have been inflicted on Muslims the world over.” Anthony said that there has been a shift from Trump’s presidential campaign, when he was seen as being openly hostile toward the Muslim world and Kingdom.

“As a candidate for the Oval Office, Donald Trump was not shy about criticizing Saudi Arabia. Contexts change, though, and as president, his administration has refrained from unjustified, unnecessary and provocative statements in this regard,” he writes.

Tensions rose between the Arabian Gulf and the US after the latter brokered the “nuclear deal” with Iran, which some Arab countries claim meddles in regional affairs and sponsors international terrorism.

Abdulrahman Al-Rashed, a veteran analyst, said that the new US administration has the opportunity to get tough on Tehran.

“Iran has taken the region hostage and has blackmailed Washington for many years,” he writes on page eight.

“I believe it is in the hands of the current US administration to get Iran to face a new reality, namely that it must stop the spread of chaos and violence in the region and wider world.”

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News Network
March 11,2020

Riyadh, Mar 11: Energy titan Saudi Aramco said Tuesday it will boost crude oil supplies to 12.3 million barrels per day in April, flooding markets as it escalates a price war with Russia.

Riyadh had already slashed its price for April delivery after Russia refused its proposal that producer alliance OPEC+ orchestrate a co-ordinated cut of 1.5 million barrels per day.

The production cut had been mooted to shore up global oil prices, which have gone into meltdown as the deadly new coronavirus casts a pall over the world economy, but now price cuts and rising output indicate an unravelling of OPEC+ co-operation.

"Saudi Aramco announces that it will provide its customers with 12.3 million barrels per day of crude oil in April," the company said in a statement to the Saudi stock exchange.

Saudi Arabia, the world's biggest crude exporter has been pumping some 9.8 million bpd so its announcement on Tuesday means it will be adding at least 2.5 million bpd from April.

"The Company has agreed with its customers to provide them with such volumes starting 1 April 2020. The Company expects that this will have a positive, long-term financial effect," the statement said.

Saudi Arabia says it has an output capacity of 12 million bpd but it is not known for how long it can sustain such levels.

The kingdom also has millions of barrels of crude stored in strategic reserves to be used when needed and is expected to use it to provide the extra supply to the global market.

"Production above 12 million bpd shows the Saudis have something to prove," director of Britain-based RS Energy Bill Farren-Price said.

"This is a grab for market share. The taps are open and the prices have been cut sharply," Farren-Price told AFP.

In a quick response, Russian Energy Minister Alexander Novak said Moscow could boost production in the short term "by 200,00-300,000 bpd, with a potential of 500,000 bpd in the near future".

But he stressed that Moscow was in favour of extending a December agreement that had seen OPEC and Russia agree to cut production by 500,000 barrels per day in 2020, lowering output from October 2018 levels by 1.7 million barrels per day.

The events of recent days have signalled a disintegration of collaboration between OPEC and Russia.

Russia is a non-OPEC member and the world's second-biggest oil producer, but Moscow and other non-members have in recent years co-operated with the oil cartel in an arrangement known as OPEC+.

The Saudi price cuts over the weekend, which were the first salvo in the price war, sent oil prices crashing -- registering the single biggest one-day loss in three decades on Monday.

Saudi Arabia draws around 70 per cent of its revenues from oil, and the revenues are key to ambitious reform programmes launched by Crown Prince Mohammed bin Salman.

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News Network
April 10,2020

Dubai, Apr 10: Saudi Arabia reported 364 new coronavirus cases and three new virus-related deaths, the Ministry of Health announced on Friday.

The total number of confirmed cases in the Kingdom is 3,651, out of which 2,919 are currently active, the ministry added.

Out of the new cases, 90 were recorded in Mecca, 78 in Medina, 69 in Riyadh, and 54 in Jeddah, the ministry said.

Meanwhile, the number of fatalities rose to 47, while th number of recoveries reached 685.

The daily number of confirmed cases in Saudi Arabia has not peaked yet, and has been rapidly accelerating.

Saudi Arabia’s Minister of Health had said earlier this week that four different studies showed that the number of coronavirus cases in the Kingdom could reach between 10,000 to 200,000 within weeks.

The ministry spokesman emphasized the urgent need for citizens and residents to remain at home and maintain social distancing practices to ensure that the virus does not spread further.

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News Network
January 10,2020

Dubai, Jan 10: Iran denied on Thursday that a Ukrainian airliner that crashed near Tehran had been hit by a missile, Iranian government spokesman Ali Rabiei said in a statement, according to state TV.

"All these reports are a psychological warfare against Iran. All those countries whose citizens were aboard the plane can send representatives and we urge Boeing to send its representative to join the process of investigating the black box".

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