The Saudi government is reportedly preparing to claim that journalist Jamal Khashoggi was killed in a botched interrogation. The interrogation was supposed to facilitate Khashoggi’s abduction from Turkey. The pending admission follows initial denial by Saudi Arabia of any connection with Khashoggi’s assumed death. Saudi authorities originally claimed Khashoggi left his consulate alive.
In light of the disappearance and alleged murder of Saudi journalist Jamal Khashoggi, JP Morgan & Chase Co CEO Jamie Dimon and Ford Motor Co Chairman Bill Ford canceled plans to attend a Saudi investor conference. President Trump said he does not want to cancel a major arms deal with Saudi Arabia over the missing journalist.
President Trump increased the pressure on Saudi Arabia to provide answers in the disappearance of Saudi journalist Jamal Khashoggi, calling it ‘a very serious situation.’ The Turkish government published preliminary evidence on Wednesday claiming a 15-person Saudi intelligence team had been identified in the disappearance. Saudi Arabia denies accusations that Khashoggi was killed.
Turkish President Recep Tayyip Erdogan announced that Saudi Arabian officials must prove missing journalist Jamal Khashoggi left the Istanbul consulate amid speculation of murder. Turkish officials said they have ‘concrete proof’ of murder after an investigation. Saudi Arabia denies claims of murder. Erdogan demanded on Monday that Saudi Arabia prove Khashoggi’s exit ‘with footage.’
Days after he vanished visiting the Saudi consulate in Istanbul, Turkish authorities claim that well-known Saudi journalist Jamal Khashoggi was killed in the consulate. Khashoggi was a critic of Crown Prince Mohammed bin Salman. Turkish President Recep Tayyip Erdogan called the disappearance ‘very, very upsetting.’ Khashoggi has not been seen since Tuesday.
Saudi Arabia King Salman stepped in to shelve the biggest IPO ever, pulling the international and domestic legs of Aramco IPO plans. Saudi Arabia spent two years preparing to place 5% of its national oil company on the stock market. The main concern was that an IPO would bring full disclosure of Aramco’s financial details.
Saudi Arabia denied it canceled plans to sell shares in state oil giant Aramco. Saudi Minister of Energy Khalid al-Falih stated, ‘the Government remains committed to the IPO of Saudi Aramco.’ Earlier reports claimed the plan to sell 5% of the firm was abandoned. Al-Falih said the deal will proceed ‘when conditions are optimum.’ The sale was expected to value Aramco at around $2 trillion.
Following the freeze of new trade and investment with Canada by Saudi Arabia, the humanitarian rift between the countries has intensified. Saudi Arabia has stopped all Canadian medical treatment programs, transferring patients out of the country. All educational training and scholarship programs in Canada will be suspended by September and all students may be withdrawn.
Saudi Arabia announced on Sunday it is ordering the Canadian ambassador to leave the country and freezing all new trade and investment transactions with Canada. The Saudi foreign ministry said it was employing the freeze in response to Canada’s ‘interference’ in the country’s internal affairs by calling for the release of women’s rights activists.
Saudi Arabia lifted its ban on women drivers on Sunday, clearing the way for more than 3 million women to receive licenses by 2020. The lifting of the driving ban is one of many reforms planned by Crown Prince Mohammed bin Salman. Experts believe the country’s transformation is essential to its economy.