The Latest Breaking News from Riyadh

China clearly has a plan to flex its diplomatic muscle around the world

In brokering a detente between Iran and Saudi Arabia – and offering its own peace plan for Ukraine – we have been given a glimpse of Beijing’s grander vision, writes Borzou Daragahi

The Independent UK · Mar 16, 2023

SVB Collapse Dominates Discussions at Financial Sector Conference in Saudi Arabia

The collapse of the California-based Silicon Valley Bank (SVB) dominated most sessions and workshops of the Financial Sector Conference in Riyadh. The repercussions of SVB’s recent bankruptcy caused shock and confusion worldwide, especially for economies that fear that the crisis will spillover to their financial institutions. Saudi Minister of Finance…

Asharq Al-Awsat · Mar 16, 2023

Saudi Foreign Minister Meets with UN Envoy to Syria

Saudi Arabia's Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah met in Riyadh on Wednesday with UN Special Envoy of the Secretary General to Syria Geir Pedersen. During the meeting, they discussed the latest developments in Syria and the region and exchanged views on issues of common interest.

Asharq Al-Awsat · Mar 16, 2023

How China’s Saudi-Iran Deal Can Serve U.S. Interests

And why there’s less to Beijing’s diplomatic breakthrough than meets the eye.

Foreign Policy · Mar 14, 2023

Saudi Govt Hopes Constructive Dialogue with Iran Will Continue According to Agreement

The Saudi government hoped on Tuesday that the constructive dialogue with Iran will continue based on the Chinese-sponsored agreement that was reached last week. Custodian of the Two Holy Mosques King Salman bin Abdulaziz chaired the cabinet meeting that was held in Riyadh. The government hoped the agreement will benefit…

Asharq Al-Awsat · Mar 14, 2023

Saudi Arabia Places Order for up to 121 Planes from Boeing

Two Saudi Arabian airlines said Tuesday they will order 78 jetliners from Boeing and take options to buy 43 more in a major boost for the American aircraft manufacturer. The order for Boeing 787s will be divided between Saudi Arabia’s flag carrier, Saudia, and a planned new airline called Riyadh…

Asharq Al-Awsat · Mar 14, 2023

Analysis: Iran eases its regional isolation with Saudi deal

Iran and Saudi Arabia agreed to restore diplomatic relations, but Tehran is likely to keep its foreign policy pillars.

Al Jazeera · Mar 14, 2023

Yemen Hopes Saudi-Iranian Agreement Would Stop Tehran's ‘Bad’ Meddling

Abdullah al-Alimi, member of Yemen’s Presidential Leadership Council (PLC), has voiced hope for the rapprochement between Tehran and Riyadh would lead to Iran stopping any malign involvement in Yemen. Al-Alimi’s statement was made during a meeting he had with the US ambassador to Yemen, Steven Fagin. The PLC member reaffirmed…

Asharq Al-Awsat · Mar 14, 2023

With Iran-Saudi deal, Beijing aims to bring its friends closer together

“This is about bloc-building rather than peace-building."

Axios · Mar 14, 2023

Kuwait Appoints New Ambassadors to Riyadh, Washington

The two Kuwaiti ambassadors-designate to Riyadh and Washington took the oath on Monday before Kuwaiti Crown Prince Sheikh Mishaal Al-Ahmed Al-Jaber Al-Sabah at the Bayan Palace. The swearing-in ceremony was attended by Kuwait's Foreign Minister Sheikh Salem Abdullah Al-Jaber Al-Sabah. Sheikh Sabah Nasser Sabah Al-Ahmad, Kuwait’s Ambassador to the Kingdom…

Asharq Al-Awsat · Mar 14, 2023