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The Latest Breaking News from Riyadh

Riyadh Chamber Signs Cooperation Agreement with China Foreign Trade Center

The Riyadh Chamber signed on Thursday an agreement with the China Foreign Trade Center (Canton Fair) to enhance and expand commercial, industrial and investment relations by encouraging cooperation among businesspeople. Vice Chairman of Riyadh Chamber Naif bin Abdullah Al-Rajhi and Deputy Director General of China Foreign Trade Center and Spokesperson…

Asharq Al-Awsat

Arab Parliament Commends Saudi Support for Yemeni Economy

Arab Parliament Speaker Adel bin Abdulrahman Al-Assoumi has commended Saudi Arabia's announcement of $3 billion in financial aid to help the Yemeni economy. In a statement issued Thursday, Al-Assoumi appreciated the efforts of the Kingdom and the United Arab Emirates, their constructive initiatives and persistent endeavors in Yemen to reach…

Asharq Al-Awsat

Saudi Arabia, Kuwait Stress Their Right to Exploit Durra Field

Saudi Arabia and Kuwait stressed on Wednesday their right to exploit the natural resources in the Durra field. They invited Iran to negotiations over the delineation of the eastern border of the Submerged Divided Zone. The Saudi Foreign Ministry tweeted that the Kingdom and Kuwait had signed a Memorandum of…

Asharq Al-Awsat

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AFC Champions League: Confident Mumbai City FC eye another win

RIYADH: Fresh from scripting history, Mumbai City are going to fancy their chances when they lock horns with a struggling Al Jazira of the UAE in their third AFC Champions League group match on Thursday.

The Times of India

Saudi Govt Stresses Kingdom's Full Support to Yemen's Leadership Council

The Saudi government stressed on Tuesday the Kingdom's keenness that Yemen achieve security, stability and prosperity. Custodian of the Two Holy Mosques King Salman bin Abdulaziz chaired the cabinet meeting that was held in Jeddah. The government underscored Riyadh's full support to the Yemeni Presidential Leadership Council as it is…

Asharq Al-Awsat

Saudi Red Crescent, SDRPY Support Health Sector in Yemen

The Saudi Development and Reconstruction Program for Yemen (SDRPY) and the Saudi Red Crescent Authority (SRCA) announced on Tuesday the provision of urgent and immediate support to support the capabilities of Yemeni medical centers and hospitals, reported the Saudi Press Agency. The aim is to allocate and provide 30 ambulances…

Asharq Al-Awsat

Saudi Arabia rekindles ties with cash-strapped Lebanon

Improvement in relations between Lebanon and Gulf nations including Saudi Arabia come before May’s general elections.

Al Jazeera

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Yemen Govt Stresses Need to Lift Taiz Siege as Houthis Continue to Violate Truce

Yemeni Prime Minister Maeen Abdulmalik stressed on Monday the need for the Iran-backed Houthi militias to lift their seven-year siege on the Taiz province in line with the UN truce that was announced earlier this month. The PM held talks with UN Resident and Humanitarian Coordinator for Yemen David Gressly…

Asharq Al-Awsat

Mumbai City FC become first Indian club to win in AFC Asian Champions League

RIYADH: Mumbai City FC scripted history as they fought back from a goal down to stun Iraqi giants Air Force Club 2-1 and become the first Indian club to win a game at the top-tier AFC Asian Champions League.

The Times of India

Saudi Arabia Orders Investors to Maintain Environmental Standards, Develop Local Infrastructure

Saudi Arabia has asked investors to maintain environmental and social standards and contribute to social responsibility. Following the new investment law, Riyadh asserted that new investors must work from their headquarters inside the Kingdom, provided that the Ministry of Investment facilitates the required procedures. Asharq Al-Awsat learned that the Federation…

Asharq Al-Awsat

Saudi Sovereign Wealth Fund Announces Joint Venture with Boeing

SAMI group, a wholly owned subsidiary of the Public Investment Fund and the Kingdom’s national defense localization champion, has announced a preliminary agreement with Boeing. Under the terms of the agreement, both companies will enter into a Kingdom-focused joint venture. The announcement was made at a signing ceremony during the…

Asharq Al-Awsat

Head of new Yemeni council promises end to war via peace process

The head of Yemen's new presidential council said on Friday he would end the seven-year-long war via a peace process, in his first speech since power was delegated to the body by the Saudi-backed president this week.

Reuters

Explainer-Saudi Arabia shakes up Yemen alliance in bid to exit quagmire

Saudi-backed Yemeni President Abd-Rabbu Mansour Hadi on Thursday ceded power to a council whose members form the core of an anti-Houthi alliance as Saudi Arabia looks to exit a costly war that has strained Washington's ties with Gulf allies. [L2N2W502H]

Reuters

UN Voices Optimism over Intra-Yemeni Talks in Riyadh, Warns of Truce Collapsing

UN Special Envoy for Yemen Hans Grundberg stressed the need to protect Yemen’s truce from collapsing.

Asharq Al-Awsat

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Reuters

Factional chaos, missteps brought down Yemen president Hadi

Yemen's President Abd-Rabbu Mansour Hadi, who ceded his powers to a presidential council on Thursday, fell foul of foes and allies in his efforts to cling to power from exile in Saudi Arabia, while often blocked from visiting his war-torn nation.

Reuters

Turkish court halts Khashoggi trial, transfers it to Saudi Arabia

A Turkish court ruled as expected on Thursday to halt the trial of Saudi suspects over the killing of journalist Jamal Khashoggi and transfer it to Saudi Arabia, a decision that comes as Ankara seeks to mend ties with Riyadh.

The Times of India

AFC Champions League: Mumbai City FC look to create history

PANAJI: Mumbai City coach Des Buckingham knows exactly what to expect when his side makes its debut in the AFC Champions League in Riyadh on Friday.

Asharq Al-Awsat

Yemen Consultations Begin Drafting Roadmap to Bolster State Institutions

After six days of discussions in Riyadh, gatherers at the intra-Yemeni consultations began drafting solutions and a roadmap that would address the challenges confronting their country's security and stability. The Gulf Cooperation Council is sponsoring the talks that kicked off last week. GCC Ambassador to Yemen Sarhan Al-Minaikher said consensus…

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Asharq Al-Awsat

Saudi Govt Hails UN Efforts in Reaching Yemen Truce

The Saudi government hailed on Tuesday the United Nations and its envoy on reaching a truce in Yemen. Custodian of the Two Holy Mosques King Salman bin Abdulaziz chaired the cabinet meeting that was held in Jeddah. The ministers remarked that the two-month truce, which was announced on Friday and…

Asharq Al-Awsat

Yemen Consultations Make Significant Progress

The intra-Yemeni consultations, currently underway in Riyadh, have made significant progress in all issues on their agenda. The consultations kicked off in the Saudi capital on Wednesday and they are being sponsored by the Gulf Cooperation Council (GCC). On Sunday, the gatherers discussed the challenges facing the legitimate government and…

Asharq Al-Awsat

Saudi Arabia Announces 8 Contenders for Khnaiguiyah Mines

Eight local and international companies have qualified to compete for a license to detect metals at the al-Khnaiguiyah mining site in Riyadh. The Saudi Ministry of Industry and Mineral Resources announced the list of qualified contenders from the pre-qualification stage for obtaining a metal detection license seeking to transform the…

Asharq Al-Awsat

Yemen Army Accuses Houthis of Violating UN Truce in Marib, Taiz, Hodeidah

The Yemeni army accused the Iran-backed Houthi militias of violating the recently declared truce in the country, specifically in the Marib, Taiz and Hodeidah provinces. United Nations envoy Hans Grundberg announced the two-month truce on Friday at the intra-Yemeni consultations underway in Riyadh. The consultations are being sponsored by the…

Asharq Al-Awsat

Yemen Govt Says Positively Approaching UN Envoy, Keen on Political Solution

The legitimate Yemeni government is optimistic that the two-month truce declared in the war-torn country would lead to the lifting of the siege imposed by the Iran-backed Houthi militias on the Taiz province. The ceasefire was declared by United Nations envoy Hans Grundberg at the intra-Yemeni consultations in Riyadh on…

Asharq Al-Awsat

Khalid bin Salman Stresses Saudi Arabia's Keenness on Yemen's Security, Stability

Saudi Deputy Defense Minister Prince Khalid bin Salman stressed on Sunday the Saudi-led Arab coalition's keenness on restoring security, peace and stability in Yemen. He held talks in Riyadh with Yemeni Prime Minister Dr. Maeen Abdulmalik and several of his ministers. Prince Khalid highlighted Riyadh's welcoming of the two-month ceasefire…

Asharq Al-Awsat

Yemenis Welcome Truce, Worry about Houthis' Lack of Commitment

The announcement of a two-month truce in Yemen has been widely welcomed by the people and official circles in spite of concerns that the Iran-backed Houthi militias may not commit to it given their poor track record. The Houthis did welcome the announcement, which was made on Friday night at…

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