The Historic Meeting between Saudi King Abdulaziz, US President Roosevelt

On Its 77th Anniversary, Asharq Al-Awsat Recalls the Historic Meeting between the Two Leaders

King Abdulaziz, US President Roosevelt and members of the Saudi delegation (Asharq Al-Awsat)
King Abdulaziz, US President Roosevelt and members of the Saudi delegation (Asharq Al-Awsat)
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The Historic Meeting between Saudi King Abdulaziz, US President Roosevelt

King Abdulaziz, US President Roosevelt and members of the Saudi delegation (Asharq Al-Awsat)
King Abdulaziz, US President Roosevelt and members of the Saudi delegation (Asharq Al-Awsat)

Every year on February 14, the Saudis and Americans remember the first meeting that brought together King Abdulaziz bin Abdul Rahman with then US President Franklin Roosevelt in the Great Bitter Lake in the Suez Canal.

The historic meeting was known as the Quincy Summit or the Quincy Meeting, in reference to the USS Quincy battleship, on which the meeting was held, and upon which the Saudi-American relations have been consolidated to this day.

Before that famous encounter, King Abdulaziz had recovered in April 1913 Al-Ahsa from the Ottomans in a preemptive step to block any British-Ottoman agreement to share influence in the Arabian Peninsula. The Anglo-Ottoman agreement was signed in late July 1913, according to which the Ottoman Empire ceded the coast of the Persian Gulf to Britain.

King Abdulaziz had imposed himself on the regional map and put the forces competing for influence before a fait accompli. He was keen on his country’s sovereignty, which made him constantly express friendship and try to avoid confrontation despite his distaste for British policies.

He was also watching - before the outbreak of World War II - American commercial interest in the region, even though the United States did not have the actual political means and saw the Middle East as a British area of influence primarily. Yet, he kept his political options open.

While King Abdulaziz was laying the foundations of his foreign policy, he expressed his keenness to diversify his relations with various countries in a way that enhances Saudi interests. After entering the Hijaz in 1924, influential states began to recognize the nascent kingdom, starting with Russia in 1926 and followed by European countries.

King Abdulaziz tried to get the United States to recognize his state, but America was not willing at the time to move in this direction. The latter monitored the king’s international engagements, foreign relations and trade deals, most notably his agreement with Germany in 1929.

The US government assigned the assistant trade attaché in Alexandria, Ralph Chesebrough, to visit Saudi Arabia to explore the situation. Chesebrough visited Jeddah in the summer of 1930 and prepared a report entitled, “The Economic Sources and Commercial Activities of the Kingdom of Hejaz and Nejd and its Appendices.”

The report indicated that trade relations between the two countries were expected to grow and flourish, which encouraged the US government at the time to move towards establishing diplomatic relations between the two countries. The United States recognized the Kingdom in 1931.

In 1933, the Saudi government granted oil exploration concessions to Standard Oil of California (Socal). The agreement was signed at Khuzam Palace in Jeddah, Minister of Finance Sheikh Abdullah Al-Suleiman, representing the Saudi government, and lawyer Lloyd Hamilton, representing Socal. But commercial production did not start until 1938.

As World War II broke out in 1939, King Abdulaziz declared neutrality, despite his relations at the time with Britain and its military presence on its borders, and diplomatic relations with Germany.

Interest in Saudi Arabia and its King Abdulaziz bin Abdul Rahman increased after US advisers and policymakers realized that the Kingdom was a potential strategic value for the United States. They saw in it a help in solving some of the problems that President Franklin Roosevelt expected to occur in the region after the war. America provided aid to the Saudi government within the lend-lease program, which amounted to $99 million according to a Senate report.

In 1942, the United States appointed a chargé d’affaires in Jeddah. Since then, official contacts accelerated, and King Abdulaziz received a number of US envoys. The Kingdom of Saudi Arabia began to occupy a strategic importance in American foreign policy.

In 1944, the US appointed William Eddy at the head of its commission in Jeddah. Eddy was a naval colonel who had previously participated in the First and Second World Wars.

Eddy was born in Sidon to parents who work in missionaries. He grew up speaking Arabic and learning Arab culture and customs. After completing his studies at the prestigious Princeton University, he joined the Navy and enlisted in the government service. After his appointment in Jeddah, Eddy became one of the most prominent architects of Saudi-US relations and one of the witnesses to the historic meeting between King Abdulaziz and President Roosevelt.

Eddy, who passed away in Beirut in 1962, published a book in 1954 entitled, “F.D.R. Meets Ibn Saud”, in which he narrated the background of the preparations for the meeting.

Eddy recounted that while he was in Jeddah in February 1945, he was told that President Roosevelt, on his way back from the Yalta Conference—the agreement between the Soviet Union, Britain and the United States that discussed how to divide Germany and prosecute members of the Nazi Party and present them as war criminals—wanted to meet King Abdulaziz on board an American barge in the Bitter Lakes of the Suez Canal. Eddy was asked to arrange that meeting.

Arrangements were made and the USS Murphy sailed from Jeddah with King Abdulaziz on board, along with 48 companions.

At 10 a.m. on February 14, 1945 AD, the battleship arrived in the vicinity of the USS Quincy, which was carrying Roosevelt. King Abdulaziz, accompanied by the three princes and two ministers, disembarked, and crossed the bridge between the two ships to meet Roosevelt, who was sitting in his wheelchair on the Quincy. The two leaders spoke for an hour and a quarter before heading to lunch at 11.30.

Admiral Leahy (chief of staff and military advisor to the president) asked Eddy to escort King Abdulaziz in one elevator to the dining-room, while Leahy accompanied Roosevelt in the other.

Eddy recounted that he arrived with the King to the President’s suite, but Roosevelt did not show up! Leahy later said that the president stopped the elevator to smoke two cigarettes away from King Abdulaziz. In fact, Roosevelt was a heavy smoker, and yet he never smoked during his meeting with King Abdulaziz out of respect.

As soon as the two leaders met, charisma and diplomacy prevailed over the encounter. The two men were left to discuss the future and relations of their countries openly and transparently, Eddy’s book read.

After lunch, the meeting was limited to the two leaders only, with the presence of Eddy and Minister Youssef Yassin as translators. The talks lasted until 3:30 in the afternoon, which means that the total duration of the meeting extended over five hours. Then the king returned to the USS Murphy, which set sail.

Eddy sayid that he spent that night with Youssef Yassin to finish drafting the minutes of the talks. After they finished printing the minutes in both Arabic and English, the king signed the Arabic version, and on the following morning, February 15, 1945, Eddy flew to Alexandria, and presented the report to the president, who signed it without making any amendments.

King Abdulaziz asked Roosevelt for friendship and support, and noted that his country was not under occupation or mandate and that he wanted to remain independent.

After that, the president gave his pledge to King Abdulaziz - which he confirmed in a letter he sent on April 5, 1945, one week before his death - that he would not engage in any hostile acts against the Arabs, and that his government would not change its policy towards Palestine without prior consultations with the Arabs and Jews. For the King, the verbal assurances were then an agreement, and did not expect the sudden death of Roosevelt.

According to various sources, the historic meeting between the two leaders, apart from the Palestine, touched on the following issues: guaranteeing the sovereignty of the Kingdom, especially as the world war was still raging and King Abdulaziz did not disregard foreign ambitions in his country; developing the Saudi army and ensuring the independence of the Arab countries under colonialism, as well as the economic aspect relating to freedom of trade, services and the oil relations.

The meeting had political, humanitarian, economic and military dimensions. King Abdulaziz disposed of British influence, affirmed his position on the Palestinian issue, and relieved the monetary link to the pound sterling. Moreover, the Saudi Defense Agency became a ministry.

In 2020, the US State Department’s Office of Historians published an official document about the meeting, the first part of which corresponds to Eddy’s narration on the Palestinian issue, while the second part was about King Abdulaziz’s concern about the French policy towards Syria and Lebanon, whereas the US president affirmed America’s support for the independence of the two countries.

The meeting represented the largest Western-Islamic alliance, and symbolized the integration with the Islamic world with its resources, population, products, oil, strategic location and warm water ports.



The Saudi Riyal: Tracing Three Centuries from Diriyah’s Markets to Global Financial Icon

The Saudi riyal serves as a living record of three centuries of progress, representing not merely a unit of value but a document of the nation’s journey and renaissance. (SPA)
The Saudi riyal serves as a living record of three centuries of progress, representing not merely a unit of value but a document of the nation’s journey and renaissance. (SPA)
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The Saudi Riyal: Tracing Three Centuries from Diriyah’s Markets to Global Financial Icon

The Saudi riyal serves as a living record of three centuries of progress, representing not merely a unit of value but a document of the nation’s journey and renaissance. (SPA)
The Saudi riyal serves as a living record of three centuries of progress, representing not merely a unit of value but a document of the nation’s journey and renaissance. (SPA)

The history of the Saudi riyal is deeply intertwined with the evolution of the Saudi state, evolving from its early days as a fluctuating medium of exchange to its modern, regulated form through significant political, social, and economic transformations, reported the Saudi Press Agency on Saturday.

A comprehensive overview of this trajectory begins with the diverse currencies of the First Saudi State, passes through the regulatory milestones of the unification era, and culminates in today’s sophisticated monetary structure.

First Saudi State: Vibrant markets and multiple currencies

With the establishment of the First Saudi State in the mid-12th century AH (mid-18th century CE), the Arabian Peninsula lacked a unified monetary system, and a variety of currencies circulated, driven by trade across a vast geography.

According to the historical guide for Founding Day published by the King Abdulaziz Foundation for Research and Archives (Darah), First Saudi State founder Imam Muhammad bin Saud bin Muhammad bin Muqrin focused on building a robust economic foundation by securing financial resources and encouraging trade between Diriyah and other regions. Consequently, markets in Diriyah and Najd flourished, attracting merchants who traded in gold, silver, and barter.

As noted in Dr. Abdullah Al-Saleh Al-Uthaimin’s "History of the Kingdom of Saudi Arabia," popular currencies included the Austrian silver Maria Theresa thaler, locally known as Al-Riyal Al-Fransi (literally the French riyal), which became a staple due to its consistent purity and weight.

According to Dr. Mohammed Al-Manshat’s "Organizations of the First Saudi State," Diriyah’s markets reached a peak of prosperity during the reign of Imam Saud bin Abdulaziz. Political and security stability allowed merchants to move freely, facilitating smooth and reliable financial transactions.

The history of the Saudi riyal is deeply intertwined with the evolution of the Saudi state. (SPA)

Regional diversity and variety of coins

Monetary patterns varied by region. In Najd, denominations such as Al-Jadeeda, Al-Khurda, Al-Muhammadiya, and Al-Mushakhas were used according to market needs. Al-Khurda served as the smallest unit, while Al-Jadeeda was used for everyday transactions.

In Al-Ahsa, an agriculturally vital hub, a local currency called Al-Tawila, a bent copper bar combined with silver, was commonly used. Meanwhile, the Hijaz experienced a high degree of currency diversification, as Makkah and Madinah welcomed pilgrims carrying various coins from across the Muslim world.

The reign of King Abdulaziz: Foundations of organization

The entry of King Abdulaziz bin Abdulrahman Al Saud into Riyadh in 1319 AH (1902) marked a pivotal economic turning point. Initially, he maintained the existing currencies to preserve market stability while gradually introducing a unified currency.

According to the Saudi Central Bank (SAMA), an early significant step was counterstamping circulating coins with the word "Najd" to indicate official adoption. After the unification of the Hijaz and Najd in 1343 AH (1925), the word "Hijaz" was added to reflect the expanding political unity.

By 1343 AH, monetary reform shifted from stamping to minting. SAMA records show the issuance of the first Saudi copper coins in half- and quarter-qirsh denominations, bearing King Abdulaziz’s name and the mint location, Umm Al-Qura. These were the first legal-tender coins of the Saudi state.

In 1346 AH (1927), King Abdulaziz abolished all foreign circulating currencies and introduced the first pure Saudi silver riyal. To support this, he issued a royal decree - published in the Umm Al-Qura gazette - outlining the state’s new monetary policies. After the formal unification of the Kingdom in 1351 AH (1932), the riyal became the official currency. By 1354 AH (1935), a new silver riyal bearing the name "Kingdom of Saudi Arabia" was issued, symbolizing national unity and stability.

Saudi Arabian Monetary Agency: Regulation and supervision

To manage the expansion of economic activity, King Abdulaziz issued two royal decrees in 1371 AH (1952) establishing the Saudi Arabian Monetary Agency (SAMA), now the Saudi Central Bank. SAMA was tasked with regulating currency issuance, maintaining its value, and supervising the banking system. It began operations in 1372 AH (1953), focusing on introducing the Saudi gold pound and completing the minting of the silver riyal.

With the establishment of the First Saudi State in the mid-18th century CE, the Arabian Peninsula lacked a unified monetary system. (SPA)

Pilgrim receipts and paper currency

Recognizing that heavy coins were becoming impractical for a modernizing economy and burdensome for pilgrims, King Abdulaziz sought a more efficient solution. This led to the introduction of "pilgrim receipts" by SAMA in 1372 AH (1953). Initially issued in 10-riyal denominations, these receipts were printed in Arabic, Persian, English, Urdu, Turkish, and Malay.

Though intended as a temporary convenience to be exchanged for silver, the receipts quickly gained the trust of merchants, citizens, and pilgrims alike. This success led SAMA to issue five-riyal notes in 1373 AH (1954) and one-riyal notes in 1375 AH (1956).

The public’s preference for these receipts over heavy coins paved the way for a permanent transition to paper currency. In 1381 AH (1961), the first official paper issue of the Saudi riyal was released during the reign of King Saud bin Abdulaziz, featuring enhanced security and depictions of historical landmarks.

The sixth issue: Trust and security

The sixth issue of the Saudi currency was released in 1438 AH (2016) under the reign of Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, bearing the slogan "Trust and Security." This series incorporated the latest global technologies and security standards for both paper and metal denominations.

Furthermore, the adoption of the official Saudi Riyal Symbol on February 20, 2025, reinforced the Kingdom’s financial and national identity. The symbol’s design, inspired by Arabic calligraphy, reflects pride in the cultural heritage that defines the nation.

From the barter systems of Diriyah to the internationally recognized symbol of today, the Saudi riyal serves as a living record of three centuries of progress, representing not merely a unit of value but a document of the nation’s journey and renaissance.


Ukrainians, Scattered across Europe, Trapped in Limbo by War

A man walks past snow-covered plants at the Gryshko National Botanical Garden of the National Academy of Sciences of Ukraine in Kyiv on February 11, 2026, amid the Russian invasion of Ukraine.  (Photo by Genya SAVILOV / AFP)
A man walks past snow-covered plants at the Gryshko National Botanical Garden of the National Academy of Sciences of Ukraine in Kyiv on February 11, 2026, amid the Russian invasion of Ukraine. (Photo by Genya SAVILOV / AFP)
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Ukrainians, Scattered across Europe, Trapped in Limbo by War

A man walks past snow-covered plants at the Gryshko National Botanical Garden of the National Academy of Sciences of Ukraine in Kyiv on February 11, 2026, amid the Russian invasion of Ukraine.  (Photo by Genya SAVILOV / AFP)
A man walks past snow-covered plants at the Gryshko National Botanical Garden of the National Academy of Sciences of Ukraine in Kyiv on February 11, 2026, amid the Russian invasion of Ukraine. (Photo by Genya SAVILOV / AFP)

Maryna Bondarenko says she has three suitcases packed in her apartment in Poland, waiting for the day when peace returns to Ukraine.

The 51-year-old journalist fled Kyiv with her son and mother after Russia launched its invasion on February 24, 2022. She thought they would be abroad for a month or two until the war ended, reported Reuters.

Four years later, she is still there, working in a Ukrainian-language newsroom that caters to a community of more than 1.5 million Ukrainians living in Poland.

"There were so many moments when we thought: 'This is it, we're finally going back.' We went to the post office several times, packed our belongings into boxes, absolutely certain that we were going back," she said.

Russia’s full-scale invasion of Ukraine has triggered the largest refugee crisis in Europe since World War Two. More than 5 million Ukrainians are scattered across Europe, according to UN figures, many of them in Central and Eastern Europe.

SEPARATED FROM ‌HUSBAND

Roughly three-quarters of ‌the refugees are women and children, after Ukraine imposed martial law prohibiting men of military ‌age from ⁠leaving the ⁠country.

Bondarenko longs to be reunited with her husband, Andrij Dudko, a 44-year-old former TV cameraman who is serving as a drone operator on the front line. But waves of Russian air strikes - which have cut power to tens of thousands of people in Kyiv during a bitter winter - convinced her to stay.

"We get ready to leave, and then there's another massive attack. We get ready again, and then cold winter comes and there is no heating, no power, no water. And I just can't bring my child there, under the rockets."

In Poland, large Ukrainian communities have sprung up in cities such as Warsaw and Krakow, sometimes prompting tensions with local residents ⁠who complain of the new arrivals taking welfare benefits and jobs.

"I want to go home, ‌I really do. I know it won’t be easy," said Bondarenko, adding ‌that the country she returns to will be profoundly changed.

Ukrainian President Volodymyr Zelenskiy’s government hopes that 70% of Ukrainians abroad will return, once ‌the war ends. But surveys have shown that, over time, the share of Ukrainians who say they want to go back ‌is declining.

For many among the younger generation of Ukrainians abroad - like Bondarenko's 11-year-old son Danylo - the country is a distant memory.

He likes Poland, despite experiencing some hostility toward Ukrainians in school.

"I don't really remember anyone from Ukraine. I remember I had one friend, but I do not really remember him and I’ve lost contact with him," he said. "I don't think that I will return to Ukraine."

'LIFE TURNED OUT DIFFERENTLY'

Iryna Kushnir ‌and Olga Yermolenko, who were friends at high school in the eastern Ukrainian city of Kharkiv, rekindled their friendship after they both fled to Istanbul at the start of ⁠the war, part of a ⁠far smaller number of Ukrainians who sought shelter in Türkiye.

"I thought the war would end quickly, so I didn't plan to stay in Istanbul for long," said Kushnir, 42, who left her 19-year-old daughter Sofia behind in Ukraine to study.

But four years later, she is married to a Turkish man and has a teaching job at the Ukrainian department of Istanbul University.

"Like all Ukrainians, I planned to return home, but life turned out differently," said Kushnir, who says she is proud that her daughter has chosen to remain in Ukraine.

Her friend, Yermolenko, 43, works remotely from Istanbul as a financial specialist for Ukrainian clients. Her mother Tetyana, 73, still lives in Kharkiv and they are constantly in touch.

"I cannot say I am involved 100% in Turkish life. It is a bit strange feeling to be caught between your previous life and a possible future life," said Yermolenko, who has started learning Turkish. She still closely follows events in Ukraine but tries not to think about how long the war will last.

"I open the news - there's a Telegram channel that reports what's happening in Kharkiv in real time - and I see a missile flying toward my home," she said. "In that moment, the feeling is terrifying. I’m very scared. And of course, I immediately call my mom to make sure she's okay."


Trump Pushes US Toward War with Iran as Advisers Urge Focus on Economy

FILE PHOTO: US President Donald Trump speaks during a press briefing at the White House, following the Supreme Court's ruling that Trump had exceeded his authority when he imposed tariffs, in Washington, D.C., US, February 20, 2026. REUTERS/Elizabeth Frantz REFILE
FILE PHOTO: US President Donald Trump speaks during a press briefing at the White House, following the Supreme Court's ruling that Trump had exceeded his authority when he imposed tariffs, in Washington, D.C., US, February 20, 2026. REUTERS/Elizabeth Frantz REFILE
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Trump Pushes US Toward War with Iran as Advisers Urge Focus on Economy

FILE PHOTO: US President Donald Trump speaks during a press briefing at the White House, following the Supreme Court's ruling that Trump had exceeded his authority when he imposed tariffs, in Washington, D.C., US, February 20, 2026. REUTERS/Elizabeth Frantz REFILE
FILE PHOTO: US President Donald Trump speaks during a press briefing at the White House, following the Supreme Court's ruling that Trump had exceeded his authority when he imposed tariffs, in Washington, D.C., US, February 20, 2026. REUTERS/Elizabeth Frantz REFILE

President Donald Trump has pushed the United States to the brink of war with Iran even as aides urge him to focus more on voters' economic worries, highlighting the political risks of military escalation ahead of this year's midterm elections.

Trump has ordered a huge buildup of forces in the Middle East and preparations for a potential multi-week air attack on Iran. But he has not laid out in detail to the American public why he might be leading the US into its most aggressive action against Iran since its 1979 revolution.

Trump's fixation on Iran has emerged as the starkest example yet of how foreign policy, including his expanded use of raw military force, has topped his agenda in the first 13 months of his second term, often overshadowing domestic issues like the cost of living that public opinion polls show are much higher priorities for most Americans.

A senior White House official said that despite Trump's bellicose rhetoric there was still no "unified support" within the administration to go ahead with an attack on Iran.

Trump's aides are also mindful of the need to avoid sending a "distracted message" to undecided voters more concerned about the economy, the official told Reuters on condition of anonymity because they were not authorized to speak to the press.

White House advisers and Republican campaign officials want Trump focused on the economy, a point ‌that was stressed ‌as the top campaign issue at a private briefing this week with numerous cabinet secretaries, according to a person who ‌attended. Trump was ⁠not present.

A second ⁠White House official, responding to Reuters questions for this story, said Trump's foreign policy agenda "has directly translated into wins for the American people."

"All of the President's actions put America First – be it through making the entire world safer or bringing economic deliverables home to our country," the official said.

November's election will decide whether Trump's Republican Party continues to control both chambers of the US Congress. Loss of one or both chambers to opposition Democrats would pose a challenge to Trump in the final years of his presidency.

Rob Godfrey, a Republican strategist, said a prolonged conflict with Iran would pose significant political peril for Trump and his fellow Republicans.

"The president has to keep in mind the political base that propelled him to the Republican nomination - three consecutive times - and that continues to stick by him is skeptical of foreign engagement and foreign entanglements because ending the era of 'forever wars' was an explicit campaign promise," Godfrey said.

Republicans plan ⁠to campaign on individual tax cuts enacted by Congress last year, as well as programs to lower housing and some ‌prescription drug costs.

TOUGHER FOE THAN VENEZUELA

Despite some dissenting voices, many in Trump's isolationist-minded "Make America Great Again" movement supported the ‌lightning raid that deposed Venezuelan President Nicolas Maduro last month. But he could face more pushback if he steers the US into war with Iran, which would be a much more formidable ‌foe.

Trump, who has repeatedly threatened to strike Iran if it does not reach an agreement on its nuclear program, reiterated his warning on Friday, saying Tehran "better negotiate a ‌fair deal."

The US targeted nuclear sites in Iran in June, and Iran has threatened to retaliate fiercely if attacked again.

Trump won reelection in 2024 on his 'America First' platform in large part because of his promise to reduce inflation and avoid costly foreign conflicts, but he has been struggling to convince Americans that he is making inroads in bringing down high prices, public opinion polls show.

Still, Republican strategist Lauren Cooley said Trump's supporters could support military action against Iran if it is decisive and limited.

"The White House will need to clearly connect any action to protecting American security and ‌economic stability at home," she said.

Even so, with polls showing little public appetite for another foreign war and Trump struggling to stay on message to fully address voters' economic angst, any escalation with Iran is a risky move by a president ⁠who acknowledged in a recent interview with Reuters ⁠that his party could struggle in the midterms.

VARIED WAR REASONS

Foreign policy, historically, has rarely been a decisive issue for midterm voters. But, having deployed a large force of aircraft carriers, other warships and warplanes to the Middle East, Trump may have boxed himself in to carrying out military action unless Iran makes major concessions that it has so far shown little willingness to accept. Otherwise he may risk looking weak internationally.

The reasons Trump has given for a possible attack have been vague and varied. He initially threatened strikes in January in reaction to the Iranian government's bloody crackdown on nationwide street protests but then backed down.

He has more recently pinned his military threats to demands that Iran end its nuclear program and has floated the idea of "regime change," but he and his aides have not said how air strikes could make that happen.

The second White House official insisted that Trump "has been clear that he always prefers diplomacy, and that Iran should make a deal before it is too late." The president, the official added, has also stressed that Iran "cannot have a nuclear weapon or the capacity to build one, and that they cannot enrich uranium."

What many see as a lack of clarity stands in stark contrast to the extensive public case made by then-President George W. Bush for the 2003 invasion of Iraq, which he said was meant to rid the country of weapons of mass destruction. Though that mission ended up being based on bad intelligence and false claims, Bush's stated war aims were clear at the outset.

Godfrey, the Republican strategist, said independent voters - crucial in deciding the outcomes of close elections - will be scrutinizing how Trump handles Iran.

"Midterm voters and his base will be waiting for the president to make his case," he said.