Egypt Backs Saudi Arabia Over the Case of Missing Journalist Khashoggi

17 October, 2018, 16:56 | Author: Darnell Patrick
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Turkey will search the Saudi consulate in Istanbul later on Monday as part of an investigation into the disappearance of prominent journalist Jamal Khashoggi, a Turkish diplomatic source said. Khashoggi was a former Saudi government advisor who reportedly went into a self-imposed exile in the United States in 2017 to avoid a possible arrest.

US President Donald Trump has threatened severe punishment if it's proven the Kingdom is responsible for Khashoggi's alleged murder.

Under Son, SoftBank built its global influence through tech investments and raised over $93 billion past year to create its Vision Fund - with $45 billion coming from Saudi Arabia.

Khashoggi, a Washington Post columnist, was last heard from on October 2 after entering the Saudi consulate in Istanbul to gather some documents for his upcoming wedding.

"The Kingdom affirms its total rejection of any threats and attempts to undermine it, whether by threatening to impose economic sanctions, using political pressures, or repeating false accusations that will not undermine the Kingdom and its staunch positions and Arab, Islamic and global status, the outcome of these weak endeavours, like their predecessors, is a demise", the country's press agency said, citing an "official source".

"If US sanctions are imposed on Saudi Arabia, we will be facing an economic disaster that would rock the entire world", said Aldakhil.


"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 three European powers said on Sunday. Trump said there would be no U.S. sanctions on the oil-rich kingdom, claiming that the Saudi's were spending $110 billion (€95 billion) on USA military equipment.

The Saudi warnings came after the country's stock market fell as much as 7% on Sunday amid fears of sanctions.

In response to Khashoggi's disappearance, media organizations and some technology executives pulled out of the Riyadh investment conference scheduled for next week.

The exchange dropped by over 500 points, then clawed back some of the losses, ending the day down 264 points, or more than 4 per cent. Pointing out that Russia and China were ready to step in, he added that "no one can deny that repercussions of these sanctions will include a Russian military base in Tabuk, northwest of Saudi Arabia, in the heated four corners of Syria, Israel, Lebanon and Iraq".

"We were going to browse appliances for our new home and meet with our friends and family members over dinner", she wrote. "It's really only Saudi Arabia at this point".

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