Turkey's Erdogan says awaiting probe results over missing Saudi journalist

Arturo Kim
October 10, 2018

Saudi Crown Prince Mohammed bin Salman said that oil giant Aramco's initial public offering will go ahead by early 2021 after reports emerged the plan had been scrapped, Bloomberg reported.

Erdogan told reporters on Sunday that authorities were looking into all video surveillance footage of the mission's entrances and monitoring all inbound and outbound flights since the writer disappeared on Tuesday.

"If Saudi authorities wish to counter these claims, they must produce Khashoggi immediately".

Prince Mohammed bin Salman clearly responded to the unusual expressions made by American President Donald Trump about Saudi Arabia and King Salman bin Abdulaziz. "Ever since the relationship started between Saudi Arabia and the United States of America, we've bought everything with money", he said, adding that since Trump came to power, the kingdom made a decision to purchase over 60 percent of its needed armament from the U.S. for the next 10 years.

He added that it had also survived despite a lack of support from Trump's predecessor Barack Obama.

"Also included in these agreements are that part of these armaments will be manufactured in Saudi Arabia, so it will create jobs in America and Saudi Arabia, good trade, good benefits for both countries and also good economic growth". And even though the United States worked against our agenda we were able to protect our interests.

And in order to revive the memory, Prince Mohammed said about the former administration of Barack Obama: "I believe President Obama, in his eight years, he worked against many of our agenda - not in Saudi Arabia, but also in the Middle East".

Arguing his opinion the 33-year old MBS said it was normal for allies to have disagreements and one must ultimately accept that "any friend will say good things and bad things". The kingdom demanded an apology from Canada to end a dispute over human rights that's damaged business ties between the two countries.

The ambassador was previously summoned to the ministry on Wednesday afternoon and was asked the whereabouts of Khashoggi in a meeting with Deputy Foreign Minister Yavuz Selim Kıran. "So, for example if you look at the United States of America, when for example they wanted to free the slaves. And you've got the answer now from me".

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"We never in the history of Saudi Arabia decided that this is the right or wrong oil price", he said.

However, despite the recent friction, he described his relationship with Trump in positive terms.

After months of setbacks, the worldwide and domestic legs of the IPO were pulled, as the prince's father King Salman stepped in to shelve it, three sources with ties to government insiders told Reuters in late August. "I really like working with him and we have achieved a lot in the Middle East, especially against extremism".

Dawn reports that Trump has increased his verbal attacks on OPEC as global benchmark Brent crude oil has risen to a four-year high.

"We are now above $300 billion, we're getting close to $400 billion", he said. "So we put that in that category", he said.

By making Aramco public, Mohammed bin Salman hopes to add around $1 trillion into the Saudi Arabian Public Investment Fund. That would then be followed by proceeds from the IPO of Aramco, which could raise another US$100 billion, he said. We think a 50-year-old issue is nearly impossible to fix in a few weeks.

The IPO project was first announced in 2016 as the cornerstone of the prince's Vision 2030 plan to modernize the Saudi economy. "We don't need that on our border", he said.

He went on to describe "an wonderful deal" the kingdom will announce at a PIF event later this month, but did not disclose further details.

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