What Happened In Saudi Arabia Last Week

By now the news out of saudi arabia has had time to sink in. Bin salman led the charge to take aramco public in december of last year and analysts say. A shocking series of events in saudi arabia over the weekend has left the world struggling to keep up.

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The grand mosque seizure occurred during november and december 1979 when armed civilians calling for the overthrow of the house of saud took over masjid al haram in mecca saudi arabia the insurgents declared that the mahdi the redeemer of islam had arrived in the form of one of their leaders mohammed abdullah al qahtani and called on muslims to obey him.

What happened in saudi arabia last week. Over the weekend saudi crown prince mohammad bin salman mbs launched a new anti corruption commission arrested 11 and probably more senior government officials. At last week s meeting saudi arabia the cartel s leader suggested the participants collectively cut their oil production by about 1 million barrels per day with russia making the most. Shares of saudi aramco the saudi national oil company plummeted by more than 9 per cent on sunday. This article first appeared on the american enterprise institute site.

Saudi arabia s public investment fund has cast a new light on the fractious relationship in the middle east that signals a new direction for the kingdom voices the saudi and uae cold war in. Several arrests a missile and a high profile resignation are only the. He was in saudi last week returned to beirut and promptly received a delegation from iran including ali akbar velayati an adviser to the supreme leader.