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The Latest Breaking News from Saudi Arabia

Chelsea owner Todd Boehly spotted in Saudi Arabia amid $107m N'Golo Kante transfer claim

Chelsea transfer news: The Blues have less than four weeks before N'Golo Kante's contract ends as pressure builds to make big decision

Football London

Campaign group loses legal fight with Government over arms sales to Saudi Arabia

Campaign Against Arms Trade was challenging the lawfulness of a decision to continue licensing arms exports for ‘possible use’ in a war in Yemen.

The Independent UK

N’Golo Kanté offered salary of up to €100m to join club in Saudi Arabia

N’Golo Kanté is being offered a salary that could reach €100m (£86.2m) a year to join a club in Saudi Arabia

The Guardian - UK

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US Secretary of State Blinken travels to Saudi Arabia in push for Sudan peace talks

The US Secretary of State Antony Blinken is due to arrive in Saudi Arabia today, Tuesday, for talks on global security and economic issues, as the conflict in Sudan enters its eighth week.

Radio France Internationale

What does Erdogan’s re-election mean for Turkey-Gulf relations?

Economic and defence deals, along with the Turkish president’s personal ties with regional leaders, to boost relations.

Al Jazeera

Blinken visits Saudi Arabia amid strained ties, Israel normalization in mind

U.S. Secretary of State Antony Blinken arrived in Saudi Arabia on Tuesday on a mission to steady Washington's relationship with Riyadh after years of deepening disagreements on issues ranging from Iran and regional security to oil prices.

Reuters

Lionel Messi makes special request in Saudi transfer talks after Barcelona stance revealed

Saudi Arabian club Al-Hilal and Barcelona are hoping to sign Lionel Messi on a free transfer following the Argentine forward's departure from Paris Saint-Germain

Daily Mirror

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Crude Prices Find Support as Saudi Arabia Cuts Crude Production

July WTI crude oil (CLN23 ) on Monday closed up +0.41 (+0.57%), and July RBOB gasoline (RBN23 ) closed up +2.37 (+0.95%). Crude oil and gasoline prices Monday posted moderate gains, with crude climbing to a 1-month high. Crude prices rallied Monday after Saudi Arabia said it would cut its...

Barchart

Newcastle's owners complete takeover of FOUR clubs including Cristiano Ronaldo's Al-Nassr

Saudi Arabia's Public Investment Fund has taken majority stakes in Al Nassr, Al Hilal, Al Ahli and Al Ittihad as the Middle East becomes an increasingly tempting proposition for Europe's leading stars

Daily Mirror

US committed to Saudi-Israeli normalisation, Blinken tells AIPAC

Antony Blinken tells lobby group that ties between Israel and Saudi Arabia are in ‘national security interest’ of US.

Al Jazeera

Crude Prices Jump as Saudi Arabia Cuts Crude Production

July WTI crude oil (CLN23 ) this morning is up +1.19 (+1.66%), and July RBOB gasoline (RBN23 ) is up +4.01 (+1.60%). July Nymex natural gas (NGN23 ) is up +0.121 (+5.57%). Crude oil and gasoline prices this morning are moderately higher, with crude posting a 1-month high. Crude prices...

Barchart

Transfer Rumors: Messi Mulls Offers; Benzema Exit Opens Door for Kane to Real

Lionel Messi and Karim Benzema are both reportedly considering blockbuster moves to Saudi Arabia in this week’s transfer roundup.

Sports Illustrated

Stocks Mixed as Energy Stocks Gain after Saudi Arabia Cuts Crude Production

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.12%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.44%. U.S. stocks this morning are mixed. Energy stocks are...

Barchart

Iran to reopen embassy in Saudi Arabia after seven years

The move comes in accordance with a China-brokered agreement between Tehran and Riyadh.

Al Jazeera

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Daily Mirror

Tyson Fury and Oleksandr Usyk to split huge purse for heavyweight clash as figure revealed

Heavyweight champions Fury and Usyk are expected to meet in Saudi Arabia at the end of the year and the rivals could split a massive £120million purse for the undisputed fight

The Guardian - UK

Yemeni activist who revealed Houthi sexual abuses ‘detained by Saudi Arabia’

Samira al-Houri disappeared after allegations that claims of female prisoners being raped were embellished

Barchart

Markets Today: Stocks Mixed with Energy Stocks Climbing as Saudi Arabia Cuts Oil Production

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are up +0.1%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.15%. U.S. stock index futures this morning are mixed. Energy stocks are climbing in pre-market trading as crude prices jumped more than +2% to a 1-month...

The Guardian - UK

Karim Benzema signs deal to join Saudi Arabia’s Al-Ittihad from Real Madrid

Karim Benzema has signed documents to join the Saudi Arabian club Al-Ittihad after confirming his departure from Real Madrid

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Reuters

Iran to reopen its embassy in Riyadh on Tuesday - Fars news

Iran will reopen its embassy in Saudi Arabia’s capital on Tuesday, Iranian sources told semi-official Fars news agency, months after Tehran and Riyadh agreed to end years of hostility.

The Guardian - UK

Brent crude price rises after Saudi Arabia agrees to cut oil output

Price gained more than 2% on Monday morning to touch one-month high of $78.73

Evening Standard

N’Golo Kante targeted for Saudi Arabia transfer as Chelsea uncertainty grows

French midfielder could follow Cristiano Ronaldo and Karim Benzema to the Gulf state, with Lionel Messi also in talks

The Guardian - US

Saudi Arabia warns Snapchat users that ‘insulting’ regime is a criminal offense

Users of the social media app have faced legal consequences for posts – some private – that are critical of Saudi authorities

Reuters

Venezuela's Maduro visits Saudi Arabia -state media

Venezuelan President Nicolas Maduro arrived in Saudi Arabia on Monday, state media reported, as the kingdom continues to expand its diplomatic outreach beyond traditional Western alliances.

The Independent UK

Saudi Arabia welcomes Venezuelan leader Maduro, reaching out to yet another US foe

Saudi Arabia has welcomed Venzuelan President Nicolas Maduro on an official visit, reaching out to yet another U.S. foe as the oil-rich kingdom engages in a flurry of diplomacy

The Guardian - UK

Oil price up after Saudi Arabia cuts output; UK mortgage rates and car sales rise – as it happened

Rolling coverage of the latest economic financial news, as Brent crude hits $78/barrel and new car market records longest period of growth since 2015

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