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The Latest Breaking News from Saudi Arabia

Newcastle United outcast hasn’t played since act of shame in front of Saudi ambassador

Ciaran Clark let down his club when he was embroiled in a heated clash with an opponent this time last year during Newcastle United's mid-season tour of Saudi Arabia

Daily Mirror

Tommy Fury admits he only agreed to Jake Paul grudge fight for the money

Fury has taken a two-year detour from his traditional boxing career to pursue a feud with Paul, which appears to be set to cash out in Saudi Arabia with a $2.5million payday next month

Daily Mirror

Saudi Arabia Seeks to Accelerate Development of Digital Currency

As the Saudi Central Bank (SAMA) said on Monday that it was carrying out experiments with a central bank digital currency and exploring the potential benefits and risks of its use, economists told Asharq Al-Awsat that the local market was ready and enjoyed the ability to deal with the project…

Asharq Al-Awsat

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Saudi Real Estate Financing Registers 130% Growth

Statistics released on Tuesday showed that the real estate financing for individuals in Saudi Arabia accounted for more than 674 billion riyals ($197 billion) during the period extending from January to November 2022, achieving a record high of 130 percent, compared to the transformation phase in 2017, when it amounted…

Asharq Al-Awsat

Global Alliance for Railway Project to Link Eastern and Western Saudi Arabia

Saudi Minister of Transport and Logistics Eng. Saleh Al-Jasser unveiled on Tuesday an international coalition led by a Chinese company, with 11 other international firms, to complete the design of the railway Landbridge Project that will connect the eastern and western parts of the Kingdom. The minister pointed to the…

Asharq Al-Awsat

Saudi Arabia, Morocco Sign Counter-Terrorism Agreement

Head of Morocco’s General Directorate for Territorial Surveillance (DGST) Abdellatif Hammouchi received in Rabat on Tuesday Saudi deputy chief of the Presidency of State Security Minister Abdullah bin Fahd bin Saleh al-Owais. Hammouchi and al-Owais signed a cooperation counter-terrorism agreement between the DGST and Presidency of State Security. The deal…

Asharq Al-Awsat

Saudi-owned Newcastle Beats Southampton, Closes on Cup Final

Newcastle is close to reaching a first cup final since being bought by Saudi Arabia’s sovereign wealth fund. Joelinton scored a 73rd-minute winner as Newcastle beat Southampton 1-0 away in the first leg of the English League Cup semifinals on Tuesday. The second leg is next week at Newcastle’s St.…

Asharq Al-Awsat

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Saudi chief reacts to Lionel Messi transfer speculation after Cristiano Ronaldo arrival

Lionel Messi was reportedly the recipient of a mega-money contract from Al-Hilal earlier in January which would see him reunite with Cristiano Ronaldo in Saudi Arabia

Daily Mirror

Washington Post condemns Pompeo for ‘vile’ Khashoggi ‘falsehoods’

Fred Ryan says former secretary of state ‘outrageously misrepresents’ Post journalist murdered by Saudi Arabian regime

The Guardian - US

Molly-Mae Hague's secret heartbreak as Tommy Fury to leave new family behind in weeks

As lovebirds Molly-Mae Hague and Tommy Fury prepare to become first-time parents, the special time could be tainted with the possibility of professional boxer Tommy having to leave his new family for work commitments

Daily Mirror

Saudi Arabia Inks Agreements, MoUs of $2.66 Bln at Real Estate Future Forum

Saudi Arabia has signed agreements and MoUs of more than 10 billion Saudi riyals ($2.66 billion) to set up four investment funds to develop commercial, tourism and residential projects. A part of the investments will also be made in the field of real estate development and construction techniques. Moreover, Saudi…

Asharq Al-Awsat

IMF Selects a Saudi as Chairman for Ad Hoc Audit Selection Committee

The members of the Executive Board of the International Monetary Fund (IMF) have unanimously selected the Executive Director of Saudi Arabia at the IMF, Abdullah bin Zarah, as chairman of the Ad Hoc Audit Selection Committee (ASC) and as a member of the Evaluation Committee (EVC) of the Executive Board…

Asharq Al-Awsat

Women's healthcare in UK is poorer than in Saudi Arabia, shows new global list

The 2021 Hologic Global Women's Health Index has shown the UK to be behind Saudi Arabia and China on its provision of women's healthcare while on a level with Kazakhstan

Daily Mirror

Saudi Arabia, Chad Sign MoU in Defense Cooperation

Saudi Arabia and Chad signed on Monday a Memorandum of Understanding (MoU) in defense cooperation. The agreement was signed by Saudi Assistant Minister of Defense for Executive Affairs Dr. Khaled bin Hussein Al-Bayari and Chad’s Minister of State for Foreign Affairs, African Integration and Chadians Abroad Mahamat Saleh Annadif during…

Asharq Al-Awsat

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The Guardian - US

Mike Pompeo dismisses ‘faux outrage’ over murder of Jamal Khashoggi

Former Trump secretary of state claims US media depicted Washington Post columnist as ‘a Saudi Arabian Bob Woodward’

Tribune News Service

Musk says Tesla go-private plan counted on SpaceX, Saudi money

Elon Musk told a jury that his 2018 tweet announcing a proposal to take Tesla Inc. private included the possibility of using his holdings in SpaceX to help finance the transaction, along with a multibillion-dollar commitment by Saudi Arabia’s sovereign wealth fund.

Tribune News Service

Elon Musk cites Saudi wealth fund at second day of Tesla trial

Elon Musk testified that Saudi Arabia’s sovereign wealth fund “unequivocally” wanted to take Tesla Inc. private in 2018, a core element of his defense to claims that his tweets about the take-private plan misled shareholders.

Tribune News Service

Musk says saudis unequivocally wanted to take Tesla private

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Daily Mirror

Details emerge of Tyson Fury's complicated deal with Oleksandr Usyk

Tyson Fury and Oleksandr Usyk are in advanced talks to compete in an undisputed heavyweight title clash this spring, with Saudi Arabia the front runner to stage the event

Daily Mirror

Francis Ngannou sends message to Cristiano Ronaldo after Saudi Arabia meeting

Ngannou spent time in Riyadh with Ronaldo as the Portugese footballer continued settling into his new home, and took to social media to send a message to legendary player

Asharq Al-Awsat

Saudi Arabia Boosts Efficiency of Customs Clearances

Saudi Arabia has reduced its customs clearance period from 12 days to 2 hours in a move aimed at increasing the efficiency of customs processes in all the Kingdom’s land, sea and air ports. The Kingdom, according to a new initiative by the Zakat, Tax and Customs Authority (ZATCA) will…

Daily Mirror

Tyson Fury will leave brother Tommy in Saudi Arabia if he loses to Jake Paul

Fury's brother Tommy will take to the ring in a huge showdown with YouTube star Paul next month, and will face significant pressure from his father John and brother Tyson to pick up the win

Asharq Al-Awsat

Algeria Takes New Measures to Boost Desert Tourism

Algeria seeks to attract foreign tourists through a series of measures that encourage desert tourism in the south of the country, following in the footsteps of Saudi Arabia, which opened its doors to foreign tourists for the first time in 2019. Bloomberg news agency reported that Algeria is planning to…

Asharq Al-Awsat

Saudi Arabia Aspires for Real Estate Role in Attracting Foreign Investments

The Saudi Real Estate Future Forum keeps pace with the government's tendency to attract foreign companies to invest in the Kingdom's real estate sector, asserted Minister of Municipal, Rural Affairs, and Housing Majid al-Hogail on Monday. Hogail described the forum as an "opportunity to exchange regional and international experiences and…

Asharq Al-Awsat

Egypt Signs $1.5 Bln Financing Agreement with ITFC

Egypt has signed a $1.5 billion financing agreement with the International Islamic Trade Finance Corporation (ITFC). The deal aims to fund Egypt's trade needs, including for importing energy products and essential commodities, CNBC Arabia wrote on Twitter, citing the ITFC’s chief executive officer. Last year Egypt signed a similar agreement,…

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