The Latest Breaking News from Riyadh

Houthi official says Saudi Arabia cannot be a mediator in the Yemen war

A Houthi official said on Tuesday that Saudi Arabia cannot be a mediator in the Yemen war, remarking on a Reuters report of a Gulf Arab initiative to hold consultations among Yemeni parties in the Saudi capital Riyadh.

Reuters · Mar 15, 2022

GCC Considering Inviting Yemen War Parties for Talks in Saudi Arabia

The Gulf Cooperation Council (GCC) is considering inviting Yemen war parties, including the Iran-backed Houthi militias, for talks in Riyadh this month as part of an initiative aimed at backing UN-led peace efforts, two Gulf officials told Reuters. Formal invitations would be sent within days for the talks on military,…

Asharq Al-Awsat · Mar 15, 2022

Riyadh, Vienna Eye More Cooperation, Promoting Environmental, Water Protection

Austrian Minister for Digital and Economic Affairs Margarete Schramböck clearly admitted that the current Russian-Ukrainian war has exposed Europe’s urgent need for a roadmap that accommodates economic diversification, especially in the energy sector, to secure its demands. This need made her visit to Saudi Arabia vital to finding the best…

Asharq Al-Awsat · Mar 15, 2022

Saudi Arabia, Belgium, Luxembourg Establish Business Council

The Federation of Saudi Chambers and the Arab-Belgian-Luxembourg Chamber of Commerce signed a memorandum of understanding (MoU) to establish the Saudi-Belgian-Luxembourg Business Council to promote and expand intra-regional trade and boost investment cooperation between the three countries. Deputy Ambassador of Belgium to Riyadh, Elisa de Raes, explained that the Belgian…

Asharq Al-Awsat · Mar 14, 2022

Saudi-Greek Map Establishes Effective Economic, Trade Partnership

Saudi Arabia and Greece aim to increase their economic, investment, and trade cooperation. The Saudi Ministry of Investment organized Sunday the Saudi-Greek Investment Forum in Riyadh, with top officials, executive directors of several large Saudi and Greek companies, and representatives of the private sector from both sides. The event aims…

Asharq Al-Awsat · Mar 14, 2022

White House faces oil standoff with Saudi Arabia and UAE as prices soar

Analysis: Disputes with Biden administration mean Riyadh and Abu Dhabi are likely to drive hard bargain

The Guardian - UK · Mar 13, 2022

Iran ‘temporarily suspends’ direct talks with Saudi Arabia

Riyadh and Tehran previously said they hoped the talks could ease tensions but downplayed expectations of breakthroughs.

Al Jazeera · Mar 13, 2022

Saudi-US Business Council Seeks Boosting Partnership in 4 Sectors

The Saudi-US Business Council launched its activities on Thursday with round-table meetings between Saudi and US companies and government agencies representatives. The meetings discussed four main economic sectors, including security, defense, renewable energy, and information and communication technology, with 14 ministries and government agencies, led by the Ministry of Investment…

Asharq Al-Awsat · Mar 11, 2022

Riyadh to Host Global Entrepreneurship Congress 2022

Saudi Arabia will host the Global Entrepreneurship Congress, under the patronage of Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense. The three-day event, which is organized by the General Authority for Small and Medium Enterprises (Monsha’at), in collaboration with the Global Entrepreneurship Network, will be held…

Asharq Al-Awsat · Mar 11, 2022

Saudi Defense Ministry: 2 American Women Rescued from Houthis in Yemen in Special Operation

Saudi Arabia and the United States mounted a joint operation in January to rescue two young American women who were held captive by the Iran-backed Houthi militias in the Yemeni capital of Sanaa. Defense Ministry spokesman Turki al-Malki confirmed the operation, saying it was an "extension of the firm partnership…

Asharq Al-Awsat · Mar 11, 2022