Oil prices stabilize as Saudi crown prince talks peace

Workers inspect a pipeline at Saudi Aramco's oil facility in Khurais that was damaged during a drone and missile attack by suspected Iranian terrorists on Sept. 14. (REUTERS/Hamad l Mohammed/File Photo
Updated 01 October 2019

Oil prices stabilize as Saudi crown prince talks peace

  • Crown Prince Mohammed bin Salman called for diplomatic solutions to the crisis with Iran and the war in Yemen
  • He expressed his views in an interview with CBS News on Tuesday

JEDDAH: Oil prices stabilized on Monday after Saudi Crown Prince Mohammed bin Salman called for diplomatic solutions to the crisis with Iran and the war in Yemen.

Armed conflict with Iran would be catastrophic for global growth, the crown prince said.

“Oil supplies will be disrupted and prices will jump to unimaginably high numbers that we haven’t seen in our lifetimes.

This means a total collapse of the global economy, and not just Saudi Arabia or the Middle East.

“The political and peaceful solution is much better than the military one.”

The price of oil had been edging upwards after an attack on Saudi oil facilities last month, widely blamed on Iran. Prices fell by 1 percent on Monday after the crown prince spoke.

In an interview with journalist Rosie O’Donnell on the CBS show “60 Minutes,” he also answered tough questions on the war in Yemen, the treatment of Saudi women in jail and the murder of journalist Jamal Khashoggi.

“If Iran stops its support of the Houthi militia, then the political solution would be much easier,” the crown prince said. “Today we open all initiatives for a political solution in Yemen.”

The crown prince was pressed on claims that Saudi female activists had been tortured in prison, which he promised to investigate.

“If this is correct, it is very heinous,” he said. “Islam forbids torture. The Saudi laws forbid torture. Human conscience forbids torture. And I will personally follow up on this matter.”

Khashoggi’s murder last year in the Saudi consulate in Istanbul was “a heinous crime,” he said. “But I take full responsibility as a leader in Saudi Arabia, especially since it was committed by individuals working for the Saudi government. This was a mistake. And I must take all actions to avoid such a thing in the future.”

Khashoggi’s son Salah said on Monday his father’s death was being exploited by enemies of Saudi Arabia and its leadership, and he had the “utmost confidence in the Kingdom’s justice system.”

“My father … never tolerated any abuse or attempt to harm (the Kingdom), and I will not accept his memory or his cause being taken advantage of to achieve that,” he said.


Saudi Ministry of Culture launches platform for scholarship applications

Updated 20 January 2020

Saudi Ministry of Culture launches platform for scholarship applications

  • The scholarship program is open to those who wish to obtain a bachelor’s, master’s or Ph.D. degree in various cultural and arts fields
  • The courses provided by the program include music, theater, visual arts

RIYADH: The Ministry of Culture has launched a website for applications from students who wish to join the Culture Scholarship Program. From Sunday, applications can be made at https://engage.moc.gov.sa/scholarships on three tracks: Self-financed students, pre-accepted students and the new students. The website features the application forms, benefits and general conditions for each track, as well as a list of relevant educational institutions.
The scholarship program is open to those who wish to obtain a bachelor’s, master’s or Ph.D. degree in various cultural and arts fields from the world’s most prominent educational institutions.
The courses provided by the program include music, theater, visual arts (drawing, sculpture, art theory, calligraphy, art history, photography and cinematography) filmmaking, literature and linguistics, archaeology, culinary arts, design, architecture and libraries and museums.
The program offers several advantages for both self-financed students and pre-accepted students. Scholarships cover all tuition fees, financial support, living expenses, health care and return flights to the scholarship’s location for both the student and their companion.
Students in these two tracks are offered guidance and assessment programs to check their academic development during the program, as well as getting support in other aspects needed for their advancement. After their graduation, students in these two tracks can also join training programs abroad for a maximum of two years.
The program offers several advantages to new students who have not yet received acceptance. The program helps them to get the qualifications they need to be accepted by universities by offering assistance in overcoming obstacles such as language proficiency and interpersonal skills.
The program supports the students by organizing training workshops to develop their talents and skills. It introduces them to specialized experts in the field related to their scholarships. The program saves students time and effort and supports them throughout the whole registration process, by helping them write their resumes and complete their portfolios professionally.
The scholarship program is an educational first in Saudi Arabia, and is part of a Ministry of Culture initiative to develop national cadres specialized in cultural and arts fields so as to develop the sector and meet the increasing requirements of the labor market.