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The Latest Breaking News from Saudi Arabia

Saudi Arabia Allocates $8b to Support Entrepreneurs, Venture Capital

Saudi authorities allocated $8 billion to support entrepreneurs and venture capital, and the Saudi Venture Investment Company intends to increase the investment allocation in the coming years by $1.6 billion. The Ministry of Industry and Mineral Resources and the Small and Medium Enterprises General Authority (Monshaat) signed an agreement to…

Asharq Al-Awsat

Iran: Resuming Relations with Saudi Arabia Shows Effectiveness of Diplomacy

After the recent announcement of the rapprochement with Saudi Arabia, Iran is hailing diplomacy as an effective solution to settle disputes. “The resumption of political relations between Iran and Saudi Arabia shows the effectiveness and success of diplomacy as a solution to settle differences,” said Iran’s Foreign Ministry Spokesman Nasser…

Asharq Al-Awsat

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

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Bolsonaro to hand over undeclared jewels given by Saudis: report

Brasília (AFP) - Lawyers for Jair Bolsonaro say the former Brazilian president has agreed to hand over to authorities jewels gifted by Saudi Arabia and which entered the country without being declared to tax authorities, local media reported Monday.

AFP

Biggest test of Iran-Saudi deal will be in Yemen

Saudi Arabia wants to get out, but Iran's position is less clear.

Axios

Saudi-Iran deal won't bring peace to the Middle East but will enhance China's role as power broker

After more than four decades as seemingly implacable enemies on either side of a deep political-religious divide in the Middle East, Saudi Arabia and Iran have agreed to restore diplomatic relations and reopen embassies. The deal, which was signed in Beijing, comes seven years after diplomatic relations were severed in…

The Conversation

Saudi Arabia execute dad-of-eight after torturing him into false confession

Hussein Abu al-Khair, 57, was a driver for a wealthy Saudi and was arrested by authorities in 2014 for allegedly carrying amphetamine pills across the border from Jordan

Daily Mirror

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KSI to snub bitter rival Jake Paul and instead target Tommy Fury fight

KSI shares a long-term rivalry with YouTube foe Jake Paul and watched on as he was beaten by British star Tommy Fury in Saudi Arabia, which could see him now instead target a fight with the ex-Love Island winner

Daily Mirror

Iran Pledges Achieving Regional Peace, Stability

Two days after Beijing brokered an agreement between Riyadh and Tehran to resume relations, Tehran pledged “to use regional energies to achieve and consolidate comprehensive peace and stability.” Maj. Gen.

Asharq Al-Awsat

China to hold GCC-Iran summit: Report

China aims to follow up on its diplomatic success last week in negotiating an agreement between Iran and Saudi Arabia.

Al Jazeera

Iran-Saudi Arabia deal casts China in unfamiliar global role

An agreement between Iran and Saudi Arabia to re-establish diplomatic relations has cast China in a leading role in Middle Eastern politics — a part previously reserved for longtime global heavyweights like the U.S. and Russia

The Independent UK

Tehran Announces Prisoner Swap Deal, Washington Denies

The 9th session of the Strategic Consultation Committee between the Sultanate of Oman and Iran was held in Muscat on Sunday in light of reports saying Tehran is exerting efforts to activate contacts with Washington for the return of indirect negotiations on the nuclear file. Also on Sunday, Iran announced…

Asharq Al-Awsat

Saudi FM to Asharq Al-Awsat: Agreement with Iran Sign of Joint Will to Resolve Disputes through Dialogue

Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah said the Saudi-Iranian agreement to restore diplomatic relations underscores the joint desire by both sides to “resolve disputes through communication and dialogue.” He added, however: “This does not mean that an agreement has been reached to resolve all pending disputes between…

Asharq Al-Awsat

Xi calls for bigger global role for China after diplomatic coup of Saudi-Iran deal

President Xi Jinping called Monday for China to play a bigger role in managing global affairs after Beijing scored a diplomatic coup as the host of talks that produced an agreement by Saudi Arabia and Iran to reopen diplomatic relations.

France 24

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The Independent UK

China's Xi wants bigger global role after Saudi-Iran deal

President Xi Jinping is calling for China to play a bigger role in managing global affairs after Beijing scored a diplomatic coup by hosting talks that produced an agreement by Saudi Arabia and Iran to reopen diplomatic relations

Tribune News Service

Saudi Arabia blocks Israelis from attending UN event

A group of Israeli Muslims invited to a United Nations tourism event to honor their picturesque mountain village was unexpectedly blocked from attending by host Saudi Arabia, a sign that Israel’s hopes of warming relations with Riyadh may be premature.

The Guardian - UK

Detente between Saudi Arabia and Iran is no panacea for Yemen war

It may speed up peace talks between Riyadh and the Houthi movement, but it risks locking out other groups

WEKU

Four takeaways as oil giant Saudi Aramco reports a huge $161 billion profit

The world's biggest oil company has announced it made $161 billion in profits in 2022, a whopping figure for the corporation and its main shareholder, the Saudi government.

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The Independent UK

Saudi Arabia's golf case threatens to spill kingdom secrets

Saudi officials who oversee the kingdom’s U.S. investments haven’t been shy about flaunting their ties with top American business and political figures

Asharq Al-Awsat

Al-Kadhimi to Asharq Al-Awsat: Saudi-Iranian Talks Were Frank, Comprehensive, Fruitful

Saudi-Iranian talks conducted in Baghdad were frank, comprehensive, and fruitful, former Iraqi prime minister Mustafa Al-Kadhimi told Asharq Al-Awsat days before Iran and Saudi Arabia announced an agreement to re-establish diplomatic relations in a deal mediated by China. Considering progress in Saudi-Iranian talks, Al-Kadhimi said: “The Saudi-Iranian dialogue was frank…

Asharq Al-Awsat

US Analysts: Chinese Mediation Represents a Challenge for the US in the Middle East

US officials and experts agree that the rapprochement between Saudi Arabia and Iran, with Chinese mediation and sponsorship, constituted a significant diplomatic breakthrough.

Asharq Al-Awsat

Iran: Agreement with Saudi Arabia Will Help Resolve Regional Crises, Including Yemen

Iranian officials had various responses to the sudden resumption of relations with Saudi Arabia, despite the agreement among all that it was a positive development. Members of the parliament hoped the agreement with Riyadh would lead to a solution to the region's crises, including in Yemen, warning at the same…

Asharq Al-Awsat

Lebanon: Mikati Says Parties Rejecting Cabinet Meetings Better Elect a President

Lebanon’s caretaker Prime Minister Najib Mikati hailed the latest development in the Saudi-Iranian relations, stressing that Lebanon supports any "consensual" course in the region mainly that Saudi Arabia is a party to it.

Asharq Al-Awsat

Arab League Welcomes Saudi-Iran Agreement

The Arab League welcomed on Saturday the announcement that Saudi Arabia and Iran had agreed to restore diplomatic relations.

The National (Scotland)

David Pratt: It's a sensitive time for US-Sino relations

CHINA’S foreign minister Qin Gang is not a man to mince his words. At a news conference last week during the annual session of what’s been…

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