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The Latest Breaking News from Saudi Arabia

International Olympics Committee cancels 12-year deal with Saudi Arabia after just one year, says it 'will develop a new approach to the Olympic Esports Games'

"Both parties are committed to pursuing their own esports ambitions on separate paths."

PC Gamer

Football Fans Stunned by Saudi Arabia's 1,000ft-High 2034 World Cup Venue — But Is It Real or an AI Hoax?

A viral video shows a 1,000-foot-high Saudi World Cup stadium. The truth: a real concept mixed with AI-generated exaggeration.

International Business Times UK

Two years after suspending due to Israel-Gaza conflict, cruises are returning to the Suez Canal

Exclusive: ‘Positioning’ cruises from Greece to Saudi Arabia are selling strongly

The Independent UK

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Regrets and reconciliation: Spain's emeritus King Juan Carlos shares respect for Franco in memoir

In his memoirs, Spain's former king Juan Carlos I reviews half a century of history: his role in the country's transition to democracy, the strained relationship with his family - including his son Felipe VI - and the "mistake" he made by accepting millions of euros from Saudi Arabia.

Euronews

Saudi Arabia wants to woo leisure travelers to its shores: 'We have a lot to offer to the world,' says tourism minister Ahmed Al Khateeb

“We want travelers to come and experience the Saudi hospitality, enjoy our coffee and food, and learn about Arabian culture,” said H.E. Ahmed Al Khateeb.

Fortune

Saudi Arabia's 'Sky Stadium' for FIFA 2034: Is the 46,000-Seat Arena Floating 350m in the Air Real or Just AI Fantasy?

Saudi Arabia's NEOM Stadium for the 2034 FIFA World Cup project is very real — but the 'Sky Stadium' version taking over social media isn't.

International Business Times UK

Beatrice and Eugenie Have Both Quietly Left the U.K. Amid Prince Andrew and Sarah Ferguson Drama

Beatrice was spotted at a nonprofit event in Saudi Arabia and Eugenie appears to have gone on a girls' trip to Paris.

Marie Claire

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Tennis Mailbag: How New Saudi Arabia Masters 1000 Event Could Shake Up the Sport

The tournament will likely change the makeup of the already crowded calendar as players raise complaints about the season’s length.

Sports Illustrated

Jared Kushner is back – and so are big questions about his financial ties

Kushner’s investment firm is backed by three Arab petrostates critical to the Gaza agreement. And the deals keep coming

The Guardian - US

Cristiano Ronaldo's Quest to End Al Nassr Trophy Drought Suffers Major Setback

Cristiano Ronaldo and Al Nassr were eliminated in the round of 16 of Saudi Arabia’s King’s Cup.

Sports Illustrated

Brexit partly to blame for high inflation, says Rachel Reeves

The Chancellor was speaking at Riyadh’s Future Investment Initiative summit on her visit to Saudi Arabia.

Evening Standard

TotalEnergies Wins Big In Saudi Arabia With 400 MW Solar Power Deal

TotalEnergies SE (NYSE:TTE) and Aljomaih Energy Water (AEW) won a Saudi Power Procurement Company (SPPC) tender to construct and operate a 400 MW solar plant in As Sufun, Kingdom of Saudi Arabia (KSA).

Benzinga

Delta launches controversial flight route as CEO believes Americans will soon have a new favorite vacation destination

The new 7,000-mile route will be flown three times a week and will stretch over 7,000 miles

The Independent UK

Barclays to restart investment banking in Saudi Arabia 11 years after exit

The bank said the expansion was ‘central to our Middle East growth strategy’, as it follows in the footsteps of rival lenders re-entering the market.

The Independent UK

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Evening Standard

Millions of households to be hit with tax rises in the Budget, Chancellor Rachel Reeves signals

The Chancellor told an economic forum in Saudi Arabia that she would avoid growth-busting new levies on businesses

Fortune

A decade into Saudi Arabia's Vision 2030, the non-oil sector makes up 56% of $1.3 trillion economy

Also: All the news and watercooler chat from Fortune.

The Independent UK

Rachel Reeves hints at tax rises in Budget as she heads to Riyadh in search of trade deal

The chancellor is widely expected to use the Budget to increase taxes once again, with the Institute for Fiscal Studies estimating she needs to find £22bn via tax rises or spending cuts to meet her self-imposed fiscal rule

Evening Standard

Reeves signals tax rises being considered at Budget during Saudi Arabia visit

In an indication some form of tax rises could be on the table, the Chancellor suggested the Government needed to ensure its fiscal rules are met.

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news in one place.

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Fortune

Delta CEO predicts Americans will soon be ready to travel to Riyadh as he launches first-ever direct flights from the U.S. to Saudi Arabia

Acknowledging that “Americans aren’t quite sure” about visiting, Delta CEO Ed Bastian told Fortune that the route will be popular—eventually.

Fortune

Barclays reenters Saudi Arabia 11 years after exiting business

Investment Minister Khalid Al-Falih said at the Fortune Global Forum: “People have seen that the kingdom is a long-term partner. We’re not transactional.”

The Independent UK

Rachel Reeves heads to Saudi Arabia on trade deal mission as Autumn Budget looms

Trip comes amid speculation Ms Reeves could impose tax hikes in upcoming Budget

The Guardian - UK

Reeves to lead trade mission to Saudi Arabia amid human rights concerns

Ministers hope to secure a deal with the Gulf Cooperation Council that could add £1.6bn to the UK economy

Evening Standard

Rachel Reeves heads to Saudi Arabia in search of economic growth

The Chancellor will attend the Future Investment Initiative event and push for progress on a trade deal with the Gulf bloc.

Fortune

What Saudi Arabia and Bangladesh can teach Silicon Valley

With aging populations in many leading economies, these countries see an opening.

Fortune

Saudi Arabia's minister of investment on Vision 2030 and the world's search for reliable partners

In conversation with Fortune Editor-in-Chief Alyson Shontell, H.E. Khalid Al-Falih described a world where "everyone is concerned" about supply chains.

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