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The Latest Breaking News from Mohammed bin Salman

Crown Prince: Saudi Economy to Grow Around 7% in 2023

Saudi Arabia's economy is expected to grow around 7% in 2023, Crown Prince Mohammed bin Salman said. “Next year, the whole economy is going to grow by almost 7%, he said. "Saudi is not a small country, it's a G20 country growing fast. So where is the potential in the…

Asharq Al-Awsat

Saudi Crown Prince Says There’s an Opportunity to Boost Interests with US or Downgrade Them

Saudi Crown Prince Mohammed bin Salman said the Kingdom has “a long, historical relationship with America” and that there’s “a huge opportunity to boost” all interests. “And there is also a big possibility it could be downgraded in many areas,” he said. “Whether you want to win in Saudi Arabia…

Asharq Al-Awsat

Saudi Crown Prince Announces Establishment of Global Destination for Mountain Tourism in NEOM

Crown Prince Mohammed bin Salman announced on Thursday the establishment of TROJENA, the new global destination for mountain tourism, part of NEOM’s plan and strategy to contribute to supporting and developing the tourism sector in the region. The Crown Prince, who is Chairman of the NEOM Company Board of Directors,…

Asharq Al-Awsat

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Israel can become a "potential ally" if Palestinian conflict resolved - Saudi crown prince

Israel can become "a potential ally" of Saudi Arabia if the conflict with the Palestinians is resolved, the Saudi state-news agency SPA cited Saudi Crown Prince Mohammed Bin Salman as saying on Thursday.

Reuters

Saudi crown prince says he does not care if Biden misunderstands him - The Atlantic

Saudi Crown Prince Mohammed Bin Salman said he does not care whether U.S. President Joe Biden misunderstood things about him, saying Biden should be focusing on America's interests, in an interview with The Atlantic monthly published on Thursday.

Reuters

Saudi-Bahraini Summit Highlights Bilateral Ties, Regional, Int’l Developments

Saudi Arabia's King Salman received Bahrain's King Hamad on Wednesday in Riyadh, where the two monarchs discussed several files and developments in the presence of Saudi Crown Prince Mohammed bin Salman. King Hamad expressed his contentment for meeting King Salman, the Custodian of the Two Holy Mosques, to discuss developments…

Asharq Al-Awsat

Saudi King Salman Receives King of Bahrain in Riyadh

Custodian of the Two Holy Mosques King Salman bin Abdulaziz received in Riyadh on Wednesday King of Bahrain Hamad bin Isa Al Khalifa. King Salman threw a luncheon banquet in honor of his guest. King Hamad had arrived in the Kingdom earlier on Wednesday where he was welcomed at King…

Asharq Al-Awsat

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Tunisian President, Saudi Interior Minister Discuss Security Cooperation

Tunisian President Kais Saied received in Tunis on Tuesday Saudi Interior Minister Prince Abdulaziz bin Saud bin Naif. Talks focused on bilateral relations and the ongoing security cooperation between Riyadh and Tunis. Prince Abdulaziz conveyed the greetings of Custodian of the Two Holy Mosques King Salman bin Abdulaziz and Crown…

Asharq Al-Awsat

Saudi Arabia Stresses Commitment to Oil Market Stability

The Saudi government reiterated on Tuesday the Kingdom's commitment to the stability of the global oil market. Custodian of the Two Holy Mosques King Salman bin Abdulaziz chaired the cabinet meeting that was held in Riyadh. The ministers reviewed the telephone call received by Crown Prince Mohammed bin Salman from…

Asharq Al-Awsat

Saudi Crown Prince, Cyprus President Hold Official Talks in Riyadh

Saudi Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense, held talks in Riyadh on Tuesday with Cypriot President Nicos Anastasiades. Crown Prince Mohammed conveyed the greetings of Custodian of the Two Holy Mosques King Salman bin Abdulaziz, wishing Cyprus further progress and prosperity. Their talks focused…

Asharq Al-Awsat

Saudi Crown Prince, Nigerian President Discuss Bilateral Ties

Saudi Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense, held telephone talks on Monday with President of Nigeria Muhammadu Buhari. Talks focused on bilateral relations and opportunities of cooperation between the Kingdom and Nigeria and ways to develop them.

Asharq Al-Awsat

Khalid bin Salman, Mohammed bin Zayed Discuss Bilateral Ties, Defense Cooperation

Saudi Deputy Defense Minister Prince Khalid bin Salman held talks on Sunday with Crown Prince of Abu Dhabi Sheikh Mohammed bin Zayed Al Nahyan. Discussions in Abu Dhabi tackled bilateral relations and the ongoing defense cooperation between Saudi Arabia and the United Arab Emirates. Prince Khalid met Sheikh Mohammed at…

Asharq Al-Awsat

Saudi Crown Prince, Macron Discuss Ukraine Crisis

Saudi Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense, received on Sunday a telephone call from French President Emmanuel Macron. Talks focused on bilateral relations and cooperation opportunities in various fields. They also tackled the latest regional and international developments, including bolstering international peace. They addressed…

Asharq Al-Awsat

Niger, Mauritania Support Saudi Bid to Host Expo 2030

Niger President Mohamed Bazoum held talks with Advisor at Saudi Royal Court Ahmed Qattan and his accompanying delegation at the presidential palace in Niamey on Tuesday. Qattan conveyed the greetings of Custodian to the Two Holy Mosques King Salman bin Abdelaziz and Crown Prince Mohammed bin Salman. During the meeting,…

Asharq Al-Awsat

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Asharq Al-Awsat

Saudi Aramco Shares Soar Over 4%

Shares in Saudi Aramco soared over 4 percent to an all-time closing high in Monday’s trading session on the Saudi stock exchange. Saudi Aramco rose 4.1 percent to a record closing high of 39.25 riyals ($10.4). Its market cap exceeded 7.8 trillion riyals ($2.1 trillion). Last week, Crown Prince Mohammed…

Reuters

Saudi Arabia for first time marks its founding, downplaying conservative roots

Saudi Arabia held celebrations on Tuesday to commemorate for the first time its foundation nearly 300 years ago, choosing a date that downplays the central role played by clerics from the ultra-conservative Wahhabi school of Islam.

The Independent UK

Saudi Arabia keeps lid on oil output as US gas prices rise

Saudi Arabia is signaling it isn’t willing to pump more oil and won’t push for changes to an agreement with Russia and other producers that has kept a lid on oil production levels

The Guardian - UK

Saudi Arabia transfers $80bn in shares to wealth fund for green projects

Crown Prince Mohammed bin Salman said move was part of efforts to recalibrate the oil-led economy

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AFP

$80 billion in Aramco shares moved to Saudi sovereign fund

Riyadh (AFP) - Saudi Arabia has moved four percent of Aramco shares worth $80 billion in the world's biggest oil exporter to the kingdom's sovereign wealth fund, authorities said on Sunday.

AFP

Saudi transfers oil giant Aramco shares to sovereign fund

Riyadh (AFP) - Saudi Arabia has moved four percent of Aramco shares worth 80 billion dollars in the world's biggest oil exporter to the kingdom's sovereign wealth fund, authorities said Sunday.

Asharq Al-Awsat

Saudi Crown Prince Says 4% of Aramco Shares Moved to Sovereign Wealth Fund

Saudi Arabia's Crown Prince Mohammed bin Salman announced the transfer of 4% of Saudi Aramco shares to the Public Investment Fund, Saudi Arabia's sovereign wealth fund, state news agency SPA reported on Sunday. The Crown Prince said the state remains the largest shareholder in Saudi Aramco after the transfer process,…

Asharq Al-Awsat

Saudi Crown Prince, British PM Discuss Bilateral Ties

Saudi Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense, received on Friday a telephone call from British Prime Minister Boris Johnson. Talks focused on bilateral relations between their countries and opportunities to bolster them. They also tackled issues of common interest. Also on Friday, Crown Prince…

Asharq Al-Awsat

MWL Holds 45th Session, Calls for Overcoming Differences

The Supreme Council of the Muslim World League has highly appreciated the efforts of the Custodian of the Two Holy Mosques King Salman and the Crown Prince Mohammed bin Salman, which call for the unity of the Islamic conscience and spreading cooperation and solidarity among Muslims. The council also praised…

Asharq Al-Awsat

Saudi Crown Prince, Japan's PM Discuss Developing Partnership Between 2 Countries

Saudi Crown Prince Mohammed bin Salman bin Abdulaziz, Deputy Prime Minister and Minister of Defense, has made a phone call to Japanese Prime Minister Fumio Kishida. During the phone conversation, they discussed aspects of bilateral cooperation in various fields and opportunities of developing strategic partnership between the two friendly countries.…

Asharq Al-Awsat

Saudi Crown Prince Awards Winners of King Abdulaziz Camel Festival

On behalf of the Custodian of the Two Holy Mosques, Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense, who’s also General Supervisor of the Camel Club, patronized on Wednesday the closing ceremony of the sixth King Abdulaziz Camel Festival. Upon his arrival, the Crown Prince was…

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