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The Latest Breaking News from Saudi Arabia

Iran warns Gulf states of strikes on energy assets if US attacks resume

Iran has warned Gulf states of retaliatory strikes on their energy and water facilities. This diplomatic push aims to deter further United States military action against Tehran. Iran urged allies to influence Donald Trump towards a negotiated settlement. Saudi Arabia and Qatar conveyed these warnings to the United States. The…

The Economic Times

Mass Layoffs Feared at EA After $55B Sale: Saudi-Led Buyout Gives Trump's Son-in-Law a Stake

Electronic Arts faces optimism and employee concern as it goes private, with $700 million in cost cuts after a $55 billion buyout led by Saudi Arabia's PIF.

International Business Times UK

Motor racing-Formula E will start new season in Mexico if Saudi opener cannot be held

Formula E is optimistic about kicking off its 2026-27 season in Saudi Arabia, with plans for Mexico City to host the inaugural race in January if circumstances require. Key logistical decisions regarding races in the Middle East are anticipated by mid-September. Furthermore, both Formula One and the World Rally Championship…

The Economic Times

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Iran warns Gulf allies of retaliation as Trump dials back strike threat, presses for a deal

Iran cautioned Gulf states about retaliation against energy infrastructure. This warning followed U.S. President Donald Trump's threats of striking Iran. Tehran aims to raise the cost of military action by targeting regional partners. Saudi Arabia and Qatar relayed Iran's message to Washington. Diplomatic efforts continue to avoid wider regional destruction…

The Economic Times

The guy in charge of EA Sports is now in charge of EA everything

With EA's acquisition by Saudi Arabia now complete, there have been a couple changes at the top.

PC Gamer

‘The Sims’ video game maker EA bought by Saudi-led group for $55 billion with Jared Kushner’s help

With the transaction finalized, EA stockholders will receive $210 in cash per share, and the company’s stock is no longer traded on the public market

The Independent UK

EA, billions of dollars in debt, likely to undergo ‘mass layoffs’ with Saudi Arabia deal finalized

How's business these days?

Destructoid

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Inside Saudi Arabia's Jeddah Tower, the 1-km skyscraper set to replace Burj Khalifa as the world's tallest

Saudi Arabia's Jeddah Tower has reached a significant construction milestone. The skyscraper is now over 430 meters tall and nearing completion. It is designed to surpass the Burj Khalifa as the world's tallest building. This ambitious project is expected to be finished by 2028. The tower will feature luxury hotel…

The Economic Times

How trains can transform Persian Gulf politics and global security

The crisis in the Strait of Hormuz, wider tensions in the Red Sea and the oil price spikes these circumstances occassion have made one thing abundantly clear: Gulf countries and global markets are dependent on vulnerable maritime routes.

The Conversation

Iran-US war latest: Trump claims Strait of Hormuz is ‘sort of open’ and predicts Tehran will seek peace soon

US president tells reporters in Oval Office: 'I don't think they [Iran] can go much longer'

The Independent UK

The deal is done: Electronic Arts is now officially owned by Saudi Arabia

Right on schedule.

PC Gamer

EA and games like The Sims, Dragon Age, and Battlefield are now officially owned by Saudi Arabia and private equity as $55 billion deal closes

The EA deal is done

GamesRadar

Elon Musk’s X latest to block Saudi dissident accounts inside kingdom

Exclusive: More than 60 accounts on X have been made unavailable in Saudi Arabia, after similar action on Snapchat and Facebook

The Guardian - UK

Kerala man wins over Rs 1 lakh from Air India after 9-year legal battle over missed Saudi flight

A consumer commission ruled against Air India, requiring the airline to compensate a passenger who missed his international flight after a domestic delay in 2017. The incident resulted in financial loss and considerable emotional distress for the passenger. Despite Air India's defense of no service deficiency, the commission deemed the…

The Economic Times

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Autosport

FIA sets deadline for WRC Saudi Arabia decision

As the situation in the Middle East remains unpredictable, the WRC has set a deadline to decide the fate of its season finale in Saudi Arabia

The Economic Times

Global Market: Saudi Aramco Q2 profit jumps 44% as Middle East conflict boosts oil prices

Saudi Aramco reported a 44% year-on-year jump in second-quarter net profit, beating analyst estimates as higher crude oil prices offset lower sales volumes. The oil giant said elevated prices, stronger refining margins and resilient operations amid Middle East supply disruptions supported its performance.

The Economic Times

Saudi Aramco supplier HD Fire plans to launch IPO in October

Fire protection systems manufacturer HD Fire Protect is planning to launch its IPO in October through an offer for sale of 2.6 crore shares. The company, whose products have been used in projects including Saudi Aramco's Ras Tanura facility and India's new Parliament building, is also expanding its presence in…

The Economic Times

'Pakistani mediators compromised, favour Iran at expense of US': Defence analyst General Jack Keane

Retired US General Jack Keane criticized Pakistan and Qatar as compromised mediators in Iran diplomacy. He stated both nations favor Tehran over Washington, influencing US decisions. Saudi Arabia also discouraged stronger military action against Iran, Keane alleged. The kingdom denied airbase access and advised negotiations instead of operations.

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The Economic Times

Iran deja vu: Trump once again threatens massive escalation against Tehran only to walk back

President Trump repeatedly threatened Iran with military action during the ongoing conflict. He then withdrew these threats, citing diplomatic progress and allied requests. Gulf allies like Saudi Arabia and the UAE influenced his decisions to avoid escalation.

The Conversation

A new Houthi front and expanded Iranian attacks risk sinking Gulf nations’ choke-point workaround and widening shipping risks

After a nine-month pause, Houthi militants in Yemen allied to Iran resumed attacks on vessels in the Red Sea on July 22, 2026, directly targeting the group’s longtime foe Saudi Arabia. A week later, a floating liquefied natural gas storage facility in Egypt’s Mediterranean port of Damietta was struck by…

The Economic Times

Trump's closest Gulf allies are frustrated with his Iran war strategy: Report

Gulf nations are frustrated by the lack of a clear US strategy against Iran, fearing further strikes on their energy facilities. While the UAE favours military escalation, Saudi Arabia and Qatar are pushing for diplomatic solutions to secure a ceasefire and reopen the critical Strait of Hormuz, a key oil…

The Economic Times

Oil prices surge 20% in July as US-Iran war heightens Strait of Hormuz tensions

Oil prices saw volatility last week but are set for significant monthly gains. Escalating United States-Iran tensions and Houthi attacks are impacting global energy markets. Saudi Arabia is forming an alliance to protect Red Sea navigation from militant blockades. Concerns also persist regarding supply disruptions in the Black Sea region.…

Bangkok Post

OPEC+ boosts September production by 188,000 barrels/day

LONDON - Saudi Arabia, Russia and five other key members of OPEC+ agreed in an online meeting Sunday to boost oil production by 188,000 barrels a day from September, against a backdrop of disruption caused by the Mideast war.

The Economic Times

US-Iran war: Saudi Arabia concerned about Trump’s strike plan on Tehran, Axios reports

Saudi Crown Prince Mohammed bin Salman urged President Trump to avoid massive strikes on Iran. He expressed concern over potential conflict escalation and sought clarity on US plans. Riyadh consistently advocates de-escalation despite recent joint strikes in Iraq. Other regional powers are also increasing diplomatic efforts to prevent further escalation.…

The Times of India

Saudi Arabia arrests over 14,000 in week-long crackdown on residency, labour violations

More than 14,000 people were arrested across Saudi Arabia during a week-long enforcement campaign targeting residency, labour and border security violations, the Ministry of Interior said, as cited by Saudi Gazette.

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