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Saudi Aramco CFO Ziad Al Murshed left the MIT Sloan CFO Summit in Newton, Massachusetts, after climate activists disrupted his talk, Bloomberg reports. Prior to the interruption, Al Murshed had discussed plans for some USD 50 bn in capex this year, while also highlighting the importance of hydrocarbons in the future energy mix.
More portrayals of Saudi as COP29 spoiler-in-chief: A Saudi delegate at COP29 was accused of tampering with an official negotiating text and removing sections discussing transition pathways, raising concerns of bias from host country Azerbaijan, the Guardian writes.
MEANWHILE- Over a year after being invited to join BRICS, Saudi Arabia has yet to commit, reflecting an ambiguous “hedging” strategy towards the alliance, the Carnegie Endowment for International Peace said in a long form report.
ALSO- Bloomberg is out with a piece on Crown Prince Mohammed bin Salman’s strategic moves to create a “burgeoning” Saudi economy and cement the Kingdom’s place on the global stage as a key political player.
