Glazer's Trip To Saudi Arabia Fuels Manchester United Takeover Rumours

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Threatening to impose economic sanctions and repeating "false accusations" will not undermine the country's standing, said the statement on Saudi Arabia's official press agency, which quoted an "official source". In 2016, the Public Investment Fund (PIF) - the Saudi sovereign wealth fund - invested $3.5 billion in Uber directly, securing a 5.6 percent share.

Khashoggi, a Washington Post columnist, was last heard from on October 2 after entering the Saudi consulate in Istanbul.

A White House aide says President Donald Trump is serious when he says there'll be "severe punishment" if Saudi Arabia is found to be complicit in the disappearance of us resident and journalist Jamal Khashoggi.

Saudi Arabia's Future Investment Initiative, which has been nicknamed "Davos in the Desert", is due to start on Oct 23 and bills itself as "a blueprint for the 22nd century". "There needs to be a credible investigation to establish the truth about what happened, and - if relevant - to identify those bearing responsibility for the disappearance of Jamal Khashoggi, and ensure that they are held to account", the statement said.

Saudi Arabia will retaliate against impending economic sanctions against the kingdom by the USA over the disappearance of journalist Jamal Khashoggi, announced the government on Sunday. During a, to discuss "potential cooperation between American tech companies and Saudi Arabia", the prince did away with his traditional white robes as he met with executives and investors. "From where we sit, we don't see any demand for Saudi equities at all".

Several individuals and major businesses have distanced themselves from Saudi Arabia and Crown Prince Mohammed Bin Salman, further isolating the Middle East powerhouse that vehemently denies involvement in Khashoggi's alleged murder.

Saudi Arabia is now facing growing global pressure to explain the disappearance of Saudi journalist Jamal Khashoggi. According to Turkey, he was then tortured, killed and dismembered.

Mr Khashoggi, a USA resident and "Washington Post" columnist critical of Saudi Arabia, disappeared on October 2 after entering the Saudi consulate in Istanbul.

Turkish officials say they fear Saudi agents killed Khashoggi after he entered the Saudi Consulate in Istanbul on October 2. Saudi Arabia also has its own investment in the ride-hailing firm.

The US President said Friday he had not yet spoken with King Salman of Saudi Arabia - the father of bin Salman - in the wake of Khashoggi's reported killing, but that he planned to "pretty soon".