Israeli businessmen visit Riyadh for major projects: Globes

By Al Mayadeen English
Source: Agencies
21 Oct 2022 19:22

The Israeli Globes website reveals that Israeli businessmen head to Riyadh to participate in major projects, including projects in the city of Neom.

The artificial city of NEOM (digital image)

The Israeli Globes website quoted an official Saudi source as saying that Israeli company representatives and businessmen come to Riyadh on a daily basis and participate in major projects, including projects in the future city of Neom.

Israeli media reported last May that a number of businessmen traveled to Saudi Arabia in recent months with Israeli passports to carry out agriculture and cyber deals.

Earlier this month, in an interview forSky News, former US President Donald Trump's son-in-law and White House advisor Jared Kushner revealed details about how Saudi Arabia allowed him to invest in Israeli companies after his private investment fund received $2 billion from Riyadh.

In another event, in August, Israeli airlines got Riyadh's approval to fly in Saudi airspace.

In another context, the Organization of the Petroleum Exporting Countries (OPEC)'s member states voted on October 5 to cut the production of oil and agreed to reduce their oil production by 2 million barrels a day in light of the world's surging energy crisis, a delegation source told Russian news agency Sputnik.

Saudi Arabian Foreign Minister Adel Al-Jubeir denied all allegations that OPEC+'s decision was directed at the US and stated that its aim was to stabilize the global market amid a slowing economy.

Additionally, The Intercept published an article on Thursday that detailed the reasons why Saudi Arabia pushed for an oil cut, which rankled Democrats in Washington ahead of the upcoming midterms elections which are set to take place on November 8.

"What Saudi Arabia did to help Putin continue to wage his despicable, vicious war against Ukraine will long be remembered by Americans," said Senate Majority Leader Chuck Schumer.