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The Latest Breaking News from Saudi Arabia

As the Stock Hits New Lows, How Long Can Lucid Motors Survive?

With Lucid Motors stock falling to one new low after the other, many investors now wonder whether the company can stay in business. However, Lucid might not go bankrupt - at least, not for the next couple of years.

Barchart

Gulf states fend off call from Iran to arm Palestinians at Riyadh summit

Iranian president had travelled to Saudi Arabia to try to force a more interventionist approach to Israel-Hamas war

The Guardian - UK

Arab, Muslim leaders slam Israel's war on Gaza but shy away from punitive steps

Arab and Muslim leaders rejected Israel’s "self-defence" claims in Gaza and called for an immediate ceasefire at a joint summit in Riyadh. But they declined to approve punitive economic and political steps against the country over its war against Hamas.

Radio France Internationale

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Dubai air chiefs summit, sponsored by Israeli firm, avoids discussing strikes as Hamas war rages

As Israel unleashes one of the most-intense aerial bombing campaigns the Middle East has ever seen, leaders from the world’s top air forces are meeting in the United Arab Emirates to talk about almost anything that isn’t an airstrike

The Independent UK

Scottish Enterprise faces questions over diligence on war-crime links

HUNDREDS of human rights checks have been made on companies seeking grants from Scottish Enterprise since 2019.

The National (Scotland)

Arab, Muslim blocs meet in Saudi Arabia to discuss Gaza conflict

Arab leaders and Iran's president gathered in the Saudi capital Saturday for a summit meeting expected to underscore demands that fighting in Gaza end before the Israel-Hamas war draws in other countries.

Radio France Internationale

France's Macron calls on Israel to stop bombing Gaza civilians

French President Emmanuel Macron called Friday on Israel to stop bombing civilians in Gaza, saying there was "no justification" and the deaths were causing "resentment". His comments came as Saudi Arabia prepared to host Arab leaders and Iran's president for an emergency summit over the weekend.

Radio France Internationale

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Israel-Hamas war: UN calls Gaza fighting ‘reprehensible’ – as it happened

This blog has now closed. You can read all our coverage of the Israel-Hamas war here

The Guardian - AU

Arab-Islamic summit rejects justifying Gaza war as Israeli self-defence

Leaders meeting in Saudi Arabia demanded aid be allowed to enter Gaza, called for cessation of arms exports to Israel.

Al Jazeera

Netanyahu rejects ceasefire calls, rules out role for PA in post-war Gaza

Israeli Prime Minister Benjamin Netanyahu on Saturday rejected mounting international calls for a ceasefire and ruled out a role for the Palestinian Authority (PA) in post-war Gaza. His primetime address came hours after Arab and Muslim leaders at a summit in Riyadh called for an immediate ceasefire as major hospitals…

France 24

First ever Saudi-Africa summit welcomes countries shunned by West

Saudi Arabia and African countries were set to sign deals worth some 500 million euros at an economic summit in Riyadh – the first of its kind. The three-day event, which began Friday, hopes to boost political and investment ties, while also addressing regional security threats.

Radio France Internationale

Saudi Arabia and a $1bn fighters’ lawsuit threaten UFC’s future

The UFC has been accused of engineering a monopoly over the world of mixed martial arts. But its leverage may soon be severely weakened

The Guardian - US

Crude Prices Climb on Some Short Covering

December WTI crude oil (CLZ23 ) this morning is up +1.07 (+1.42%), and Dec RBOB gasoline (RBZ23 ) is up +0.0499 (+2.34%). Crude oil and gasoline prices this morning are moderately higher as they recover modestly from the plunge seen on Tue-Wed. Technical short covering is giving crude prices a...

Barchart

Tyson Fury promoter Frank Warren promises ‘historical’ fight card on 23 December

Fury’s contracted bout with Oleksandr Usyk will not take place this year, but a card full of ‘surprising’ names will go ahead in Saudi Arabia, per Warren

The Independent UK

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FourFourTwo

Manchester City ready to SELL Kevin De Bruyne, with shock Saudi Arabia move next summer on the cards: report

Manchester City icon Kevin De Bruyne is a target for Saudi Pro League side Al-Nassr, who want the playmaker to link up with Cristiano Ronaldo

The Independent UK

Cleverly visits Saudi Arabia for talks on Israel-Hamas crisis

Foreign Secretary James Cleverly will meet Middle East counterparts during his visit.

The Conversation

How Saudi Arabia’s unchallenged 2034 World Cup bid could weaken Fifa’s human rights demands

In 2010, Qatar was awarded the rights to host the 2022 Fifa men’s World Cup. It marked the culmination of the small, oil-rich gulf nation’s long-term strategy to diversify its economy and strengthen its international standing through investment in sport, culture and tourism.

The Guardian - UK

‘Insanity’: petrostates planning huge expansion of fossil fuels, says UN report

Plans by nations including Saudi Arabia, the US and UAE would blow climate targets and ‘throw humanity’s future into question’

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The Independent UK

Clubs fight back against plans to host Turkish Super Cup in Saudi Arabia

Galatasaray and Fenerbahce had been due to meet in Saudi Arabia in December

AAP

Saudis eye Aust Open lead in ATP tournament: report

Saudi Arabia is looking to host a Masters 1000 tennis tournament in January from 2025 which could threaten existing lead-in tournaments for the Australian Open.

Al Jazeera

Mumbai welcomes Al Hilal’s superstars, despite 2-0 defeat

Mumbai City fans were disappointed not to see Neymar after his injury ruled him out.

FourFourTwo

Liverpool report: Mohamed Salah to Saudi Arabia is a 'done deal'

Liverpool star Mohamed Salah is apparently certain to leave Anfield this summer, with a £150m fee touted

Al Jazeera

China takes cautious approach to diplomacy over Israel-Gaza war

As Western leaders rush to the Middle East, Beijing has taken a more low key stance to the deepening conflict.

The Guardian - UK

Clownish populist Infantino is complicit in Saudi Arabia’s colonisation of football

Gulf state’s land grab for 2034 World Cup is yet another example of cartoonish Fifa overlord putting self-interest before football

FourFourTwo

Yaya Toure reunites with ex-Manchester City boss in new international coaching role

The legendary midfielder has taken up a new position that will see him link up with his former Sky Blues manager in the Middle East

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