Saudi Arabia's Crown Prince Mohammed bin Salman's recent political purge raises concerns and remains unclear but does not appear to amount to mass arrests, U.S. Secretary of State Rex Tillerson told reporters on Friday. More »
Rising Middle East tensions and a corruption crackdown in Saudi Arabia will cast a shadow over next week's Dubai Airshow, as military and aerospace leaders try to gauge whether they might prolong a weapons-buying spree in the region. More »
Saudi Arabia's future king has tightened his grip on power through an anti-corruption purge by arresting royals, ministers and investors including billionaire Alwaleed bin Talal who is one of the kingdom's most prominent businessmen. More »
Oil prices hit their highest levels since July 2015 early on Monday as markets tightened, while Saudi Arabia's crown prince cemented his power over the weekend through an anti-corruption crackdown that included high profile arrests. More »
Asian shares stepped back from recent decade highs on Monday while major currencies held in tight ranges and oil jumped to a more than two-year peak as Saudi Arabia's crown prince cemented his power through an anti-corruption crackdown. More »
Bribery, embezzlement, money laundering and abuse of power are among the accusations leveled against dozens of Saudi princes, officials and businessmen detained in an anti-corruption probe, a Saudi official told Reuters on Monday. More »
Saudi Arabia embarked on an anti-corruption purge on Sunday involving the arrest of royals, ministers and investors including billionaire Alwaleed bin Talal, one of the kingdom's most prominent businessmen. More »
FILE PHOTO: Visitors walk towards the Sleeping Beauty Castle during a visit to the Disneyland Paris, France, January 21, 2015. REUTERS/Gonzalo Fuentes/File Photo – RTX30GBA An activist hedge fund has criticized plans by Walt Disney (DIS.N) to take full control... More »
