‘Journalist murdered in Saudi consulate in Istanbul’

Geneva Stokes
October 10, 2018

Officials from across the Turkish security apparatus continued to drip-feed information that alleged a pre-meditated murder had taken place of the dissident - a columnist and commentator who had pointedly criticised the Kingdom's new crown prince, Mohammed bin Salman, and aspects of his reform programme.

Saudi Arabia is the world's top oil exporter and the de facto leader of OPEC, which has been criticized by Trump for high oil prices. "I believe we will surpass that target in 2020".

Khashoggi, who has been missing since he entered the Saudi consulate in Istanbul on October 2, had been banned from writing in the pan-Arab Al-Hayat newspaper following his defence of the Muslim Brotherhood, which Riyadh has blacklisted as a terror organisation.

In recent months there had been intense media speculation over whether the planned IPO had been delayed, canceled or replaced with a rival deal involving Aramco purchasing Saudi Basic Industries Corporation, the petrochemical giant better known as SABIC.

The Public Investment Fund, or PIF, is set to make the investment as it looks for ways to deploy a $170 billion windfall it's expecting over the next three-to-four years.

The interview took place against a backdrop of market concerns over the rising price of oil, caused in part by the reimposition of U.S. sanctions against Iran.

His interview came a day after Trump told a cheering crowd of supporters at a rally in Southaven, Mississippi, that Saudi King Salman would not last in power unless the USA provided military support for the Arab kingdom.

Referring to former US President Barack Obama, he said, despite US working against Saudi Arabia's agenda in the Middle East, "we were able to protect our interests".

Saudi Arabia released a statement early on Sunday dismissing the murder news reports. "It's totally different. Canada, they gave an order to Saudi Arabia on an internal issue".

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"So in Saudi Arabia we have 1.3 million to go if the market needs that".

"The request that America made to Saudi Arabia and other OPEC countries is to be sure that if there is any loss of supply from Iran, that we will supply that".

The Bloomberg interview also touched on future oil production in the so-called Saudi-Kuwait neutral zone - an undefined border area between the two countries. "There are only small issues that have been stuck there for the last 50 years".

"God willing we will not be faced with a situation we do not want", the president told reporters in Ankara, adding: "I still am hopeful".

If Aramco had developed a separate petrochemical business, Sabic would have definitely suffered, Prince Mohammed said, partly because Aramco provides Sabic with the bulk of the fuel it processes into chemicals. Here we are trying to get rid of extremism and terrorism without civil war, without stopping the country from growing, with continuous progress in all elements.

"We hope it will end as soon as possible". Althaydi has published several papers on political Islam and social history of Saudi Arabia.

"We can not walk away from GCC countries. If they consider Turkey to be as it was in the 1990s, they are mistaken".

"We have a huge benefit from the first one", he told Bloomberg.

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