Epstein Secrets

l Research. Source: Haver, BofA Merrill Lynch Global Research. Likewise, the focus on religious tourism is appropriate given its importance in Saudi Arabia but NTP targets appear ambitious to us with a targeted 20%yoy CAGR increase in Umrah pilgrims. Religious tourism accounted for c40% of total tourist

rade status to be retained despite likely further rating cuts A prolonged oil price downturn is likely to continue to put downward pressure on Saudi Arabia’s credit rating in the medium-term. On average, the GCC has benefited from three notch rating upgrades over the period 2002-10 prior to the start of

e + weight in MSCI weight in MSCI ADTVactive buying active days buying passive days passive days passive days Saudi EM buying US$m buyi buying buying AL RAJHI BANK 9.5% 0.1% 37.2 546.5 14.7 477.7 12.8 1,024 27.5 ALINMA BANK 2.0% 0.0% 223.0 116.9 0.5 102.2 0.5 219 1.0 ALMARAI 44% 0.1% ip. 255.8 33.1 223.6 28.9 47

ut must instead be brought exclusively under the FSIA’s so-called State Sponsor of Terrorism exception, 28 U.S.C. §1605A. Jd. at 80-86. Because Saudi Arabia is not a designated State Sponsor of Terrorism, the Panel deemed the Kingdom and SHC immune from the September 11th plaintiffs’ tort claims. Jd. In a

detail below.” (Together with NCB and Abdulrahman bin Mahfouz, Khaled bin Mahfouz and Yassin al Kadi are referred to here is ahe “NCB Defendants.”) Al Rajhi Bank played an analogous and equally important role in al-Qaeda’s financial infrastructure, by also providing financial services to al-Qaeda charity front

rtising these accounts, Al Rajhi Bank “provid[ed] a mechanism to allow al Qaida’s supporters to deposit funds directly into those accounts.” JA3828. Al Rajhi Bank’s operations are consistent with their support of al-Qaeda front charities. In 1999, Al Rajhi Bank was warned. by United States government officials “t

ctims of Septem- HOUSE_OVERSIGHT_017832 --- PAGE BREAK --- 768 ber 11, 2001 attacks for his official acts, notwithstanding that he was also Saudi Arabia’s ambassador to United Kingdom, unless exception to Foreign Sovereign Immunities Act (FSIA) applied. 18 U.S.C.A. § 2881 et seq; 28 U.S.C.A. § 1608.

, check clear- ing services, or any other routine banking service.” Jd. In light of the liberal plead- ing standards, however, Judge Robertson denied Al Rajhi Bank’s motion to dismiss and permitted it to request a more defini- tive statement under Rule 12(e). Jd. at 110. The Burnett Plaintiffs provided an 89-parag

ed in Virginia in 1983 and dissolved in December 2000. (Burnett Compl. § 261; Ashton Compl. J 333.) Its largest donor is the al Rajhi family of Saudi Arabia. (Burnett Compl. § 261; Ashton Compl. § 333.) The complaints claim that over one hundred “affiliated organizations” are registered or are doing busi

es assured of its subject matter and personal jurisdiction over NCB, Plaintiffs’ claims are doomed because the Court dismissed similar claims against Al Rajhi Bank, Saudi American Bank, and Arab Bank. NCB contends that Center for Reproductive Law & Policy v. Bush, 304 F.3d 183, 194-95 (2d Cir.2002), supports its