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The Latest Breaking News from Saudi Arabia

Tehran Speaks about Reopening Embassy in Riyadh on May 9

Iran hopes to reopen its diplomatic missions in Saudi Arabia by May 9, according to senior foreign ministry officials.

Asharq Al-Awsat

Saudi foreign minister visits Assad, further easing Syria's isolation

Syrian President Bashar al-Assad received Saudi Foreign Minister Prince Faisal bin Farhan in Damascus on Tuesday in the most significant step yet towards ending Syria's decade-long regional isolation, and at a time of wider rapprochement in the region.

Reuters

Fitch Upgrades Saudi Banks’ Rating

US credit rating agency Fitch has upgraded eight Saudi banks’ long-term issuer default ratings to “A-” from “BBB+,” with a stable outlook, according to a press statement. In this regard, experts told Asharq Al-Awsat that the current account surplus of the Saudi economy over the last period, which exceeded $1…

Asharq Al-Awsat

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Abbas Arrives in Jeddah to ‘Hold Talks, Strengthen Saudi-Palestinian Relations’

Palestinian President Mahmoud Abbas arrived on Monday in Jeddah on an official visit at the invitation of Saudi Arabia, the Palestinian News Agency (WAFA) reported. He was received at King Abdulaziz International Airport by Prince Badr bin Sultan bin Abdulaziz, deputy governor of Makkah region. WAFA added that Abbas would…

Asharq Al-Awsat

Saudi unilaterally releases detainees to Yemen amid peace push

Saudi Arabia on Monday released 104 detainees to Yemen, the International Committee of the Red Cross and a Saudi-led coalition said, in a unilateral move that follows simultaneous detainee exchanges between Yemen's warring parties.

Reuters

Israeli PM: Peace with Saudi Arabia would be 'giant leap' towards ending Arab-Israeli conflict

Prime Minister Benjamin Netanyahu said on Monday that normalizing relations between Israel and Saudi Arabia would be a "giant leap" towards ending the Arab-Israeli conflict.

Reuters

Alfa Romeo: Zhou "raising his game" in F1 and able to match Bottas

After an uneven debut season that hinted at Zhou's underlying promise, the Chinese driver was retained for a second season and immediately got off to a stronger start. While he was behind Bottas in Bahrain, Zhou qualified and finished ahead of the Finn in a difficult race for Alfa Romeo…

Autosport

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Ethiopia recruits 500,000 women for domestic work in Saudi Arabia

Human rights activists have criticised Ethiopia’s continuing recruitment of women for domestic work in Saudi Arabia.

Al Jazeera

Iran invites Saudi king to visit Tehran - Iran foreign ministry spokesperson

Iran has officially invited Saudi Arabia's king to visit the country, an Iranian Foreign Ministry spokesperson said on Monday, after the two regional rivals agreed to end years of hostility following a China-brokered agreement in March.

Reuters

From Founder to Grandson... Saudis Between Two ‘Bay’ahs’

Prince Mohammed bin Salman was appointed Crown Prince of Saudi Arabia in Al-Safa Castle in Makkah, just meters away from where King Abdulaziz received the first royal pledge around a hundred years ago. On Wednesday, June 21, 2017, corresponding to 26 Ramadan 1438 AH, King Salman issued a royal decree,…

Asharq Al-Awsat

Arab Coalition: 104 Houthi Prisoners Released in Saudi Humanitarian Gesture

Arab coalition spokesman Turki Al-Malki announced on Monday the release of 104 Houthis in a humanitarian gesture by Saudi Arabia. The move completes the prisoner exchange that was carried out last week between the Yemeni government and Iran-backed Houthi militias. Malki said the Saudi gesture is an extension of the…

Asharq Al-Awsat

Six Years into Saudi Crown Prince’s Journey…Development, Power on the Int’l Map

The 26th day of Ramadan 2023 marks the sixth anniversary of Prince Mohammed bin Salman bin Abdulaziz’s ascension to the position of Crown Prince of Saudi Arabia. The Crown Prince has surprised the world with his decisions and approach to both domestic and foreign affairs since assuming his duties six…

Asharq Al-Awsat

Mohammed bin Salman: Prince of the East, Hope of the Nation, Builder of the Ideal State

Prince Mohammed bin Salman, Crown Prince and Prime Minister, has made a name of himself as one of the world’s leading figures by spearheading a “revolution” that has reached all aspects of life in his country and transformed Saudi Arabia into an international political, economic and social heavyweight. Riyadh has…

Asharq Al-Awsat

Crown Prince Mohammed bin Salman Led ‘Difficult Missions’

In mid-January, the Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, said that Saudi Arabia had become a bright spot for the world and regional economies. Speaking at a session at the World Economic Forum (Davos), Georgieva explained that when she visited Saudi Arabia, she was incredibly impressed…

Asharq Al-Awsat

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The Independent UK

Saudi prince gives 4% Aramco stake to public investment firm

Saudi Arabia’s crown prince has announced the transfer of a 4% stake of the oil giant Saudi Aramco to a subsidiary of the kingdom’s sovereign wealth fund

Asharq Al-Awsat

Seoul, Riyadh Seek Cooperation in Startups, Biotechnology

Saudi Arabia and South Korea are working to develop a comprehensive strategic cooperation, especially in the field of petrochemicals, energy supply chains, and the exchange of expertise and technological industries, with Seoul expressing interest in more vital partnerships that would also cover biotechnology industries and startups. Lee Young, South Korean…

Asharq Al-Awsat

At Saudi, Egypt's Request, Arab League to Hold Emergency Meeting on Sudan

The Arab League will hold an emergency meeting on Sunday to discuss the latest developments in Sudan. The meeting will be held at the level of permanent representatives. Saudi Arabia and Egypt requested that the meeting be held, said Arab League Assistant Secretary General Hossam Zaki. Fighting in the Sudanese…

Asharq Al-Awsat

Saudi Crown Prince Announces Completion of 4% of Aramco Shares Transfer to Sanabil Investments

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister announced on Sunday the completion of the transfer of 4% of Saudi Aramco's total issued shares from the State's ownership to the Saudi Arabian Investment Company (Sanabil Investments), a wholly owned company of the Public Investment Fund…

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Asharq Al-Awsat

Saudi, UAE, US Foreign Ministers Urge End to Sudan Military Escalation

The foreign ministers of Saudi Arabia, the United Arab Emirates (UAE) and the United States held a phone call on Saturday to discuss the ongoing situation in Sudan, the Saudi Press Agency said. The ministers called for a halt to military escalation and a return to a framework agreement between…

Asharq Al-Awsat

Saudi Arabia Calls for Dialogue in Sudan

Saudi Arabia said Saturday that it was deeply concerned about escalation and clashes in Sudan. In a statement, the Kingdom’s foreign ministry called on those involved to choose dialogue over conflict. The United Arab Emirates also called on all parties in Sudan to exercise restraint, and work towards ending the…

The Independent UK

Red Cross: Yemen’s warring sides resume releasing prisoners

The International Committee for the Red Cross says hundreds of detainees linked to Yemen’s conflict have been released

Al Jazeera

Hundreds of Houthi prisoners, 16 Saudis freed on day two of swap

Houthi rebels free 16 Saudis as Riyadh also releases hundreds of Yemeni prisoners on second day of detainee exchange.

Asharq Al-Awsat

Yemen-bound Plane Carrying Houthi Prisoners Leaves Saudi Arabia

A flight carrying Houthi prisoners left Saudi Arabia on Saturday bound for Yemen's capital Sanaa, after which another flight will arrive to the Kingdom carrying Saudi prisoners, on the second day of the prisoner exchange operation. The flight from the southern Saudi city of Abha took off before 9 am…

Asharq Al-Awsat

Al-Swaha: SEZ to Promote Saudi Arabia's Regional Leadership as Global Investment Hub

Saudi Minister of Communications and Information Technology Eng. Abdullah Al-Swaha lauded the launching of the Cloud Computing Special Economic Zone (SEZ ), expressing his gratitude to Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, and the Crown Prince for launching it along other three zones across…

Asharq Al-Awsat

Gulf-Arab Agreement on Political Solution to Syrian Crisis

Gulf Arab foreign ministers and their counterparts from Egypt, Iraq and Jordan confirmed that “a political solution is the only solution to the Syrian crisis.” The ministers emphasized the importance of having “an Arab leadership role in efforts to end the crisis in Syria.” They also discussed “the necessary mechanisms…

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