Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Latest News

Saudi power shift risks skidding on oil slick

byCT Report
24/06/2017
in Latest News
Share on FacebookShare on Twitter

RIYADH: Reading tea leaves in the convoluted world of Saudi politics can be tricky. So, Moscow’s jubilation over the appointment of Mohammed bin Salman as the Crown Prince of Saudi Arabia and the next in line to the throne is intriguing. The Crown Prince whom King Salman dismissed, Mohammed bin Nayef (MbN), had held the post of Saudi Arabia’s interior minister continuously since 2012 and had years of experience in intelligence work. MbN used to be regarded as the most pro-American of the Saudi leadership. In February, Mike Pompeo made his first overseas tour as CIA chief to Riyadh to confer the George Tenet Medal on MbN in recognition of his “excellent intelligence performance in the domain of counter-terrorism and his unbound contribution to [realizing] world security and peace”. Just four months later, King Salman has dismissed MbN.

Presumably, Moscow would heave a sigh of relief that MbN has been retired. More importantly, Russian state news agency TASS promptly carried a report – quoting expert opinion, of course – that the new Crown Prince may be “ready to reach compromises concerning complex regional issues – the crises in Syria and Yemen.” The TASS report gave fulsome praise to MbS’ “political farsightedness by building trust-based dialogue with the Russian authorities, particularly with President Vladimir Putin”, which has taken the Saudi-Russian relations to “an unprecedented high in the past years”, and leading to a partnership that “opens the door to resolving conflicts in the Middle East.”

You might also like

IWCCI appreciates CDA, MCI support for women entrepreneurs

20/05/2026

Mobilink Bank partners with Legal Aid Society to advance women’s inheritance rights & climate resilience in Pakistan

20/05/2026
Tags: Saudi power shift risks skidding on oil slick

Related Stories

IWCCI appreciates CDA, MCI support for women entrepreneurs

byCT Report
20/05/2026

ISLAMABAD: The leadership of the Islamabad Women Chamber of Commerce and Industry (IWCCI) has formally thanked the Capital Development Authority...

Mobilink Bank partners with Legal Aid Society to advance women’s inheritance rights & climate resilience in Pakistan

byCT Report
20/05/2026

ISLAMABAD: Pakistan’s leading digital microfinance bank, Mobilink Bank, has partnered with Legal Aid Society under its Corporate Social Responsibility (CSR)...

Customs orders online payment deadline for ground handling agents

byCT Report
20/05/2026

KARACHI: Pakistan Customs has ordered all Ground Handling Agents (GHA) to implement fully operational online payment systems within three months...

FBR revises property valuation rates in Lahore & Rawalpindi

byCT Report
20/05/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has revised the valuation tables for immovable properties in selected areas of Lahore...

Next Post

Stronger trade ties with Russia stressed

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.