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The Latest Breaking News from Saudi Arabia

Biden pardons all federal offenses of simple marijuana possession – as it happened

President urges governors to do the same with state offenses: ‘No one should be in a local jail or state prison for that reason’

The Guardian - US

Oil prices climb as world's biggest exporters agree to cut output

In Vienna, ministers from the 13-nation Organization of the Petroleum Exporting Countries (OPEC) and a group of 10 exporters led by Russia agreed to reduce production by 2 million barrels a day from November. The move pushed up global oil prices, but the Kremlin says production reduction is intended to…

Radio France Internationale

'Excited' Jamie Reuben opens up as Newcastle 'only getting started' amid Al-Rumayyan's speech

Newcastle United's takeover was completed a year ago this week and ChronicleLive has taken a look at what has changed at the club and in the city in that time

Chronicle Live

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Eased Procedures Encourage Private Sector Investment in Saudi Military Industries

The Saudi government offers a host of comparative advantages for military sector investors. From easy procedures to visas and licenses, Saudi authorities are keen on facilitating investment flow into the Kingdom’s defense industry. Saudi Arabia’s developed customs services and digital technologies are factors for attracting investment as well.

Asharq Al-Awsat

Biden administration angered by Opec+ oil output cut

Senior figures see decision as a slight on the US and a sign that the oil producers club is aligning with Russia

The Guardian - UK

OPEC cuts oil production to drive up prices, ASX ends steady after volatile day

As the ASX finishes where it started, Saudi Arabia and Russia are on a collision course with the West after major producers cut oil production to drive up prices. The move could further increase energy prices, plunge the global economy into recession, and help Russia in its war in Ukraine.

ABC News

OPEC+ to slash oil output, despite US lobbying

The group of oil producers known as OPEC+ say they will slash their daily output by 2 million barrels per day because of uncertainty in the global outlook. The decision has been slammed by the US, which had been lobbying for Saudi Arabia and other producers to pump more oil.…

France 24

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Amnesty International raise new Saudi Arabia concerns – one year on from Newcastle deal

The Magpies celebrate a year under their new owners on Friday.

The Independent UK

Rockets, Feathers, and Rising Gasoline Prices

Saudi Arabia snubs Biden by advocating OPEC cut oil production by 2 million barrels per day.

Reason

Putin and the prince: fears in west as Russia and Saudi Arabia deepen ties

Prince Mohammed’s decision to strengthen relations has alarmed allies, but he has long admired Russian leader

The Guardian - UK

Why most Muslims – but far from all – celebrate Mawlid, the Prophet Muhammad's birthday

Most Muslims celebrate the birth of the Prophet Muhammad on the 12th day of the third month of the Islamic calendar, Rabi’ al-awaal – which starts on the evening of Oct. 7 in 2022. Muslims view the celebration, called Mawlid al-Nabi or simply the Mawlid, like many other Islamic celebrations:…

The Conversation

Hajj pilgrim arrested by Saudi Arabia returns to Iran

Release of Khalil Dardmand some three months after his arrest comes after mediation efforts by Oman and Iraq.

Al Jazeera

Saudi Arabia to host Asian winter games in a city that doesn’t exist yet

The country is set to host the games at a mountain resort at the £440bn flagship Neom project

Evening Standard

OPEC+ agrees deep oil production cuts, Biden calls it shortsighted

OPEC+ agreed steep oil production cuts on Wednesday, curbing supply in an already tight market, causing one of its biggest clashes with the West as the U.S. administration called the surprise decision shortsighted.

Reuters

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WEKU

Russia and Saudi Arabia agree to massive cuts to oil output. Here's why it matters

The 2 million bpd cut in oil production was backed by Saudi Arabia and could benefit Russia. The OPEC+ meeting took place as much of the world is battling soaring energy costs and rising inflation.

Asharq Al-Awsat

Saudi Arabia, Morocco Seek to Increase Trade Volume to $5 Bn

Saudi Minister of Commerce Majid al-Qasabi has stressed the need for business owners to draw up a clear roadmap for economic relations between Saudi Arabia and Morocco, revealing joint opportunities in Africa and Europe. Qasabi was speaking at the Saudi-Moroccan Economic Forum and Business Council held in Casablanca, with the…

Asharq Al-Awsat

Saudi Arabia to Become Global Hydrogen Supplier, Hub for Green Minerals

Saudi Arabia is on its way to becoming a global supplier of hydrogen and a hub for green minerals and highly competitive manufacturing. Deputy Minister of Industry and Mineral Resources Khalid al-Mudaifer revealed Saudi Arabia is boosting the development of mineral industries in the region by attracting investment, spreading digital…

Bangkok Post

Opec+ expected to slash oil output

VIENNA: Major oil producers led by Saudi Arabia and Russia were set to meet Wednesday as reports said they were mulling an output cut of up to 2 million barrels per day in a bid to prop up slumping prices.

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Daily Mirror

Saudi Arabia to host Asian Winter Games in £440bn futuristic city that doesn’t exist yet

The Asian Winter Games will take place in 2029 in Saudi Arabia but is set to take place in a city that has yet to be built and won't even be finished for another four years

Asharq Al-Awsat

Saudi Arabia Stresses Importance of Int’l Community Standing Against Iran’s Violations

The Saudi government reiterated on Tuesday its absolute rejection of all attacks that threaten the security and stability of Iraq. It stressed the importance of the international community standing against all Iranian violations of international laws, treaties and norms. Custodian of the Two Holy Mosques King Salman bin Abdulaziz chaired…

Autosport

Saudi GP chiefs meet F1 teams and drivers over security

Saudi Arabian Formula 1 chiefs have met privately with all teams and drivers to offer reassurances about security in Jeddah following the events that marred this year's race.

Asharq Al-Awsat

Aramco CEO: Securing Buffer Spare Capacity Not Saudi Arabia's Responsibility Alone

Saudi Aramco Chief Executive Amin Nasser on Tuesday said that spare capacity in the oil market stands at 1.5% of global demand, adding that providing a buffer of spare capacity was not the responsibility of Saudi Arabia alone. "(The market is) focusing on what will happen to demand if a…

Asharq Al-Awsat

Saudi Arabia, Morocco Sign MoUs on Mutual Accreditation of Halal Products, Quality Certificates

Saudi Arabia’s Minister of Commerce Dr. Majid al-Qasabi held talks with his Moroccan counterpart Ryad Mezzour in Rabat on Monday. They signed two memorandums of understandings on mutual accreditation of Halal certificates for local products, and a draft technical cooperation program between Saudi Standards, Metrology and Quality Organization and the…

The Independent UK

Saudi crown prince will ‘no doubt’ get immunity over Jamal Khashoggi case as prime minister, lawyers say

Critics say appointment of prince as PM is directly related to efforts to dismiss case over journalist’s brutal murder

Bangkok Post

Saudi desert city to host Asian Winter Games

RIYADH: Saudi Arabia was chosen on Tuesday to host the 2029 Asian Winter Games at a US$500 billion futuristic megacity in the desert that planners say will feature a year-round winter sports complex.

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