With the escalation of tension and conflict in recent years in Saudi Arabia in various political and security fields, it is trying to send its oil-dollars to Silicon Valley for finding a new strategy to expand its control and influence.
The most important strategy Saudi Arabia is adopts is the control of social media through buying shares in the most important companies working in the field of virtual social networking in order to reduce criticism of the House of Saud and the dissemination of extremist ideology.
This is Kingdom Holding Company (KHC), chaired by Saudi Prince (Bin Talal) that bought shares in Twitter social networking company and become the second largest shareholder of this company after its owner, Evan Williams, the company founder and former CEO.
Kingdom Holding Company was established in 1980 and started its business in Saudi Arabia and Gulf states in the beginning of 2007. It is one the largest investment firms and most effective in Saudi Arabia and neighboring Arab countries. It has a very large number of stocks in 13 investment locations in different parts of the world.
The company began its activities in 1988 when it purchased 30% of (United Saudi Commercial Bank) (USCB) stocks and it was not before long till it increased 20-fold the bank stock values When it merged with a number of large Saudi banks , such as: HRH and Saudi Cairo Bank and United Saudi Bank (USB) under the joint name of (Saudi-US) which led to the creation of the strongest bank in Saudi Arabia.
It is worth mentioning that Kingdom Holding Company started its first and biggest steps in working with huge Zionist companies buying shares in advertising and film production companies and virtual media that is how KHC started dedicating its resources against the Muslim world.
Kingdom Holding Company bought 29.9% of the stocks of Saudi Research and Marketing Group (SRMG). A group that includes well-known companies and newspapers such as AlSharq Al-Awsat Newspaper, Al-Igtissad Newspaper, Arab News, Al-Haya Magazine, Al-Majallah Magazine, and Al-Rajul Magazine … and then later KHC also bought advertising company (Al-Khaleej) and the publishing house (Al-Madinah).
According to many analysts, the main reason for the company in buying shares Tweeter is to spread the Saudi policies in the region and distortion and blocking news of the Islamic Resistance in Palestine and Iraqi. This was very clear in Saudi Arabia control and abuse of Tweeter using it to save its interests in Bahrain and the war against Yemen and directing Syrian war according to Saudi wish.
Here we mention few examples to illustrate the influence of Saudi Arabia on Tweeter:
- When Saud al-Faisal announce through his own account on Tweeter that the King of Saudi Arabia Abdullah bin Abdul-Aziz had died in less than a few minutes his account was closed.
- Closing of Tweeter page of Mujtahid: a Saudi activist known for publishing secret information from within the Al-Saud family.