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The Latest Breaking News from Saudi Arabia

Four takeaways as oil giant Saudi Aramco reports a huge $161 billion profit

The world's biggest oil company has announced it made $161 billion in profits in 2022, a whopping figure for the corporation and its main shareholder, the Saudi government.

WEKU

Saudi Arabia's golf case threatens to spill kingdom secrets

Saudi officials who oversee the kingdom’s U.S. investments haven’t been shy about flaunting their ties with top American business and political figures

The Independent UK

Al-Kadhimi to Asharq Al-Awsat: Saudi-Iranian Talks Were Frank, Comprehensive, Fruitful

Saudi-Iranian talks conducted in Baghdad were frank, comprehensive, and fruitful, former Iraqi prime minister Mustafa Al-Kadhimi told Asharq Al-Awsat days before Iran and Saudi Arabia announced an agreement to re-establish diplomatic relations in a deal mediated by China. Considering progress in Saudi-Iranian talks, Al-Kadhimi said: “The Saudi-Iranian dialogue was frank…

Asharq Al-Awsat

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US Analysts: Chinese Mediation Represents a Challenge for the US in the Middle East

US officials and experts agree that the rapprochement between Saudi Arabia and Iran, with Chinese mediation and sponsorship, constituted a significant diplomatic breakthrough.

Asharq Al-Awsat

Iran: Agreement with Saudi Arabia Will Help Resolve Regional Crises, Including Yemen

Iranian officials had various responses to the sudden resumption of relations with Saudi Arabia, despite the agreement among all that it was a positive development. Members of the parliament hoped the agreement with Riyadh would lead to a solution to the region's crises, including in Yemen, warning at the same…

Asharq Al-Awsat

Lebanon: Mikati Says Parties Rejecting Cabinet Meetings Better Elect a President

Lebanon’s caretaker Prime Minister Najib Mikati hailed the latest development in the Saudi-Iranian relations, stressing that Lebanon supports any "consensual" course in the region mainly that Saudi Arabia is a party to it.

Asharq Al-Awsat

Arab League Welcomes Saudi-Iran Agreement

The Arab League welcomed on Saturday the announcement that Saudi Arabia and Iran had agreed to restore diplomatic relations.

Asharq Al-Awsat

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David Pratt: It's a sensitive time for US-Sino relations

CHINA’S foreign minister Qin Gang is not a man to mince his words. At a news conference last week during the annual session of what’s been…

The National (Scotland)

Iraq Welcomes Saudi-Iran Agreement, Pro-Tehran Factions Silent

The Iraqi government expressed its satisfaction with the signing of the Chinese-sponsored agreement to restore relations between Saudi Arabia and Iran. Iraqi Prime Minister Mohammed Shia al-Sudani received a telephone call from Ali Shamkhani, the secretary of Iran’s Supreme National Security Council, to voice Tehran’s gratitude to Baghdad that had…

Asharq Al-Awsat

Bobby Ghosh: Has MBS flipped on Abraham Accords? Biden must be wary

He may not spend as much tee time as his predecessor, but President Joe Biden has played enough golf to know he should be wary of gimmes. That is the approach he should take to Saudi Arabia’s conditions for normalization of relations with Israel.

Tribune News Service

What to expect after Iran, Saudi Arabia agree to restore ties

The deal could have wide-ranging consequences but building on it, analysts say, will prove the main challenge.

Al Jazeera

China denies hidden motives after hosting Iran-Saudi talks

China says it has no hidden motives and isn't trying to fill any vacuum in the Middle East after it hosted talks at which Iran and Saudi Arabia agreed to reestablish diplomatic relations

The Independent UK

Agreements to Launch Pilot Initiatives for Small Enterprises in Saudi Arabia

Biban 2023 - Saudi Arabia’s largest start-up, SME, and entrepreneurship conference – saw on Friday the signing of more than 25 agreements between the government and private agencies. The forum, which kicked off on Thursday at the Riyadh Front Exhibition and Conference Center, is organized by Monsha’at - the Saudi…

Asharq Al-Awsat

US, France cautiously welcome renewal of Iran-Saudi diplomatic relations

Leaders in the US and France have reacted with cautious optimism to the surprise announcement that Iran and Saudi Arabia agreed on Friday to restore ties and reopen diplomatic missions in a deal brokered by China.

France 24

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Asharq Al-Awsat

Intensive Meetings to Assess Riyadh’s Readiness to Host Expo 2030

The mission of the International Bureau of Exhibitions (BIE), the authority concerned with evaluating the ability of the candidate cities to host Expo 2030, has intensified its ministerial-level meetings, to assess the infrastructure of the Saudi capital, which is seeking to host the major global event. Crown Prince Mohammed bin…

The Independent UK

Syria hopes Iran-Saudi agreement will ease regional tension

Syria has welcomed the agreement reached between Iran and Saudi Arabia to reestablish diplomatic relations saying it will lead to more stability in the region

Asharq Al-Awsat

Iran Reassured with Reestablishment of Ties with Saudi Arabia: An Impetus for Islamic World

Iranian officials welcomed the reestablishment of relations between Iran and Saudi Arabia after seven years of diplomatic estrangement. Official Iranian media reported on Friday that the agreement between the two countries came after talks that began on Monday in Beijing at the initiative of Chinese President Xi Jinping.

Asharq Al-Awsat

UAE Foreign Minister: Saudi-Iran Agreement Important Step Towards Regional Stability

UAE Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan welcomed on Saturday an agreement between Saudi Arabia and Iran to restore diplomatic relations as an "important step towards stability and prosperity" in the region. Iran and Saudi Arabia agreed on Friday to reestablish relations. The deal was reached at an…

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Al Jazeera

‘Changing global order’: China’s hand in the Iran-Saudi deal

China brokering a deal between longtime Gulf rivals is ‘a broader sign of a changing global order’, analysts say.

Asharq Al-Awsat

GCC Hails Saudi Efforts to Resolve Russian-Ukrainian Crisis

Secretary General of the Gulf Cooperation Council (GCC) Jassem Mohamed Albudaiwi praised on Friday the pivotal role played by Saudi Arabia in the mediation aimed at resolving the Russian-Ukranian war. He hailed the visits paid by Foreign Minister Prince Faisal bin Farhan bin Abdullah to Russia and Ukraine where he…

Asharq Al-Awsat

Analysts: China’s Role as Guarantor Will Test Commitment to Saudi-Iran Agreement

Analysts said the China-sponsored agreement between Saudi Arabia and Iran to restore relations must lead to stability, cooperation and peace in the region. The agreement, however, demands a different type of Iranian commitment, they told Asharq Al-Awsat. China’s role of guarantor will be fundamental in determining how serious Iran will…

Asharq Al-Awsat

Guterres Welcomes Saudi-Iran Deal, China Considers it a ‘Victory’ for Dialogue

UN Secretary-General Antonio Guterres has welcomed the deal between Saudi Arabia and Iran to reestablish diplomatic relations and reopen embassies. "Good neighborly relations between Iran and Saudi Arabia are essential for the stability of the Gulf region," UN spokesperson Stephane Dujarric said in a statement on Friday. "The Secretary-General reiterates…

Tribune News Service

Saudi Arabia and Iran ease Mideast rift that rattled oil

Iran and Saudi Arabia agreed to restore diplomatic ties under a deal facilitated by China, easing a geopolitical rivalry in the Persian Gulf and highlighting Beijing’s growing influence in the region.

WEKU

Rivals Saudi Arabia and Iran restore ties, with China's help. Here's why it matters

Saudi Arabia and Iran are restoring full diplomatic relations in a deal brokered by China, a move that could reduce tensions in the region and that asserts China's growing influence in the Gulf.

Al Jazeera

Timeline: Iran and Saudi Arabia, from rivalry to rapprochement

Iran and Saudi Arabia have had an adversarial history. Here’s a look at recent important events in their relations.

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