And I want to emphasize that I’m not sure that this Chinese-mediated restoration of diplomatic relations between Iran and Saudi Arabia precludes the Saudi government coöperating with Israel against Iran.

Source: https://www.newyorker.com/news/q-and-a/what-the-saudi-iran-deal-means-for-the-middle-east

Fortunately, Lucid has friends in high places, namely the Saudi government, which owns 60% of the company.

Source: https://investorplace.com/2023/12/lcid-stock-can-lucid-finally-make-good-on-its-broken-promises/

In a phone interview, — the United Nations’ special rapporteur on extrajudicial, summary or arbitrary executions — who is a signatory to the experts’ letter to the Saudi government, said he was not surprised that the issue had received little attention.

Source: https://www.nytimes.com/2023/08/26/world/middleeast/saudi-killing-migrants-yemen.html

The filing said the Fund’s governor, Yasir al-Rumayyan, who also chairs Newcastle, was “a sitting minister of the Saudi government.”

Source: https://www.algemeiner.com/2023/08/28/pushback-grows-as-saudi-arabia-qatar-and-more-buy-the-worlds-best-soccer-teams-and-players/

There was no indication of why the influencer – who was seen as apolitical and supportive of the Saudi government – was detained.

Source: https://www.theguardian.com/world/2023/aug/13/arrest-of-saudi-scholar-mohammed-alhajji-and-influencer-another-sign-of-social-media-crackdown

The Saudi government has also taken on a role similar to the International Monetary Fund, which gives it even greater sway than before over regional politics, with larger nations like Pakistan effectively beholden to it.

Source: https://www.nytimes.com/2023/04/02/world/middleeast/no-more-blank-checks-saudi-arabia-clamps-down-on-regional-aid.html

The Saudi government has denied the accusations, saying they “are unfounded and not based on reliable sources.”

Source: https://www.nytimes.com/2023/09/01/us/politics/saudi-arabia-migrant-killings.html

Trading at a 52-week high of nearly $18 per share following news the company would receive funding from the Saudi government, shares of LCID stock have since sunk to below $6 per share at the time of writing.

Source: https://investorplace.com/2023/09/lcid-stock-analysis-is-now-the-right-time-to-buy-sell-or-hold/

While Sen. Ron Johnson (R-WI) felt that the PGA Tour did nothing wrong by “negotiating its survival,” other Republican senators, such as Roger Marshall (R-KS), said that the Saudi government used LIV golf as a way to increase its standing in the world.

Source: https://www.breitbart.com/sports/2023/07/11/josh-hawley-scolds-pga-executives-for-hypocrisy-over-liv-golf-merger/