Search for an article

Select a plan

Choose a plan from below, subscribe, and get access to our exclusive articles!

Monthly plan

$
13
$
0
billed monthly

Yearly plan

$
100
$
0
billed yearly

All plans include

  • Donec sagittis elementum
  • Cras tempor massa
  • Mauris eget nulla ut
  • Maecenas nec mollis
  • Donec feugiat rhoncus
  • Sed tristique laoreet
  • Fusce luctus quis urna
  • In eu nulla vehicula
  • Duis eu luctus metus
  • Maecenas consectetur
  • Vivamus mauris purus
  • Aenean neque ipsum
روما بت
ماه بت
پین باهیس
بهترین سایت شرط بندی
بت کارت
یاس بت
یک بت
مگاپاری
اونجا بت
alvinbet.org
بت برو
بت فا
بت فوروارد
وان ایکس بت
1win giriş
بت وینر
بهترین سایت شرط بندی ایرانی
1xbet giriş
وان کیک بت
وین بت
ریتزو بت
1xbet-ir.com.co/
https://www.symbaloo.com/mix/paperiounblocked2?lang=EN https://www.symbaloo.com/mix/agariounblockedschool1?lang=EN https://yohoho-io.app/ https://2.yohoho-io.net/paper.io unblocked https://www.symbaloo.com/mix/yohoho-unblocked-76?lang=EN https://www.symbaloo.com/mix/agariounblockedpvp https://www.symbaloo.com/mix/yohoho?lang=EN
HomeNewsSaudi Inc. The Arabian Kingdom’s Pursuit of Power and Profit

Saudi Inc. The Arabian Kingdom’s Pursuit of Power and Profit

Published on

Ellen R. Wald’s timely, well-written history of the Saudi national oil company, Saudi Inc. The Arabian Kingdom’s Pursuit of Power and Profit (Pegasus Books, 2018), is as much the story of the Saudi oil industry as it is of the ruling Al Saud family’s reliance on black gold to ensure the survival of its regime.

In painting a picture of the Al Saud’s long-term strategy to build up over decades the know-how and expertise needed to run an oil industry and their determination to ultimately after almost half a century take over ownership in a legal, orderly, commercial transaction, Wald contrasts the kingdom’s approach in colourful and painstaking detail with nationalisations as they occurred in Iran and elsewhere in the Middle East.

It is also the story of a US government that increasingly saw Saudi oil as crucial to its post-World War Two global military operations and was determined to ensure that American oilmen, despite their arrogant underestimation of Saudis whom they saw as Bedouins and willingness to bend the truth to enhance their profit margins, were sufficiently accommodating to avoid British mistakes in Iran that resulted in nationalization and a US-British backed coup to roll back the Iranian takeover.

Wald’s book provides essential background for the role that the Saudi Arabian Oil Company, better known as Aramco, plays in Saudi Crown Prince Mohammed bin Salman’s effort to ween the kingdom off its dependency on oil revenues and diversify its economy. It is essential reading for anyone interested in the kingdom’s future as one of the world’s foremost oil producers at a time of significant economic change.

Listen | Dr. James Doresy speaks with author Ellen R. Wald on her new book: Saudi Inc. The Arabian Kingdom’s Pursuit of Power and Profit



Top Photo | U.S. Secretary of State Mike Pompeo, left, is welcomed by Saudi Arabia’s Foreign Minister Adel al-Jubeir, center, as they attend a joint press conference at the Royal Terminal of King Khaled airport, in Riyadh, Saudi Arabia, Sunday, April 29, 2018. Amr Nabil | AP

Dr. James M. Dorsey is a senior fellow at the S. Rajaratnam School of International Studies, co-director of the University of Würzburg’s Institute for Fan Culture, and co-host of the New Books in Middle Eastern Studies podcast. James is the author of The Turbulent World of Middle East Soccer blog, a book with the same title and a co-authored volume, Comparative Political Transitions between Southeast Asia and the Middle East and North Africa as well as Shifting Sands, Essays on Sports and Politics in the Middle East and North Africa and just published China and the Middle East: Venturing into the Maelstrom.

Source | The Turbulent World of Middle East Soccer

The post Saudi Inc. The Arabian Kingdom’s Pursuit of Power and Profit appeared first on MintPress News.

Latest articles

Voltaire, International Newsletter N°128

Voltaire Network | 12 April 2025 Our director of publication and editor-in-chief directed French magazines several years ago, and has won journalism awards abroad. He has regularly contributed to some fifteen major dailies and magazines around the world. Voltaire, International Newsletter is available by subscription for €500 a year, is published 42 times a year…

Benjamin Netanyahu feeling the chill from his White House visit

Voltaire Network | 12 April 2025 Israeli Prime Minister Benjamin Netanyahu’s visit to the White House on April 7 did not go as he’d hoped. • US President Donald Trump was adamant about the tariffs he had set at 17% (now reduced to 10%). • While Israel hoped to be able to destroy Iran after…

Algeria faces the Malian army

A Turkish Baykar Akıncı drone identical to the one used by the Malian army was shot down by Algeria on March 31 Press release from the Ministry of Foreign Affairs The Algerian Government has taken note, with great dismay, of the statement issued by the Transitional Government of Mali, as well as that emanating from…

After violating ceasefire, Israel escalates genocide in Gaza

Despite the ceasefire agreement between Hamas and Israel that began Jan. 19, on March 2 Israel began blocking the promised delivery of food, fuel, medicine and other aid to the 2.3 million people in Gaza. Israel continued to seal border crossings. Since that time, the Israel Occupation Forces (IOF) have deliberately escalated the war and…

More like this

Voltaire, International Newsletter N°128

Voltaire Network | 12 April 2025 Our director of publication and editor-in-chief directed French magazines several years ago, and has won journalism awards abroad. He has regularly contributed to some fifteen major dailies and magazines around the world. Voltaire, International Newsletter is available by subscription for €500 a year, is published 42 times a year…

Benjamin Netanyahu feeling the chill from his White House visit

Voltaire Network | 12 April 2025 Israeli Prime Minister Benjamin Netanyahu’s visit to the White House on April 7 did not go as he’d hoped. • US President Donald Trump was adamant about the tariffs he had set at 17% (now reduced to 10%). • While Israel hoped to be able to destroy Iran after…

Algeria faces the Malian army

A Turkish Baykar Akıncı drone identical to the one used by the Malian army was shot down by Algeria on March 31 Press release from the Ministry of Foreign Affairs The Algerian Government has taken note, with great dismay, of the statement issued by the Transitional Government of Mali, as well as that emanating from…