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The Latest Breaking News from Saudi Arabia

SAMA Assets Reach Highest Level in 5 Years

The total assets of the Saudi Central Bank (SAMA) surpassed SR2 trillion (USD535 billion) in July, for the first time in five years. According to the data announced in the monthly statistical bulletin issued by SAMA on Sunday, the assets of the Saudi Central Bank recorded a growth of SR156.7…

Asharq Al-Awsat

Govt eyes big Saudi contracts

Commerce Minister Jurin Laksanawisit has left for Saudi Arabia on a business matching mission, riding high on the hopes of breaking into the market and sealing trade deals worth billions of baht.

Bangkok Post

Phil Mickelson ‘deserves forgiveness’ over Saudi comments as LIV rebels told to cut ‘BS’

Phil Mickleson took an indefinite break from golf earlier this year following his controversial comments over the regime in Saudi Arabia, but has since joined the LIV tour

Daily Mirror

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Anthony Joshua's coach explains what fighter did wrong against Oleksandr Usyk

Joshua came up short at the second time of asking in his heavyweight rematch with Usyk in Saudi Arabia, despite replacing trainer Robert McCracken with new coach Robert Garcia

Daily Mirror

Saudi Arabia to Host Largest Int’l Gathering of AI Policymakers

Saudi Arabia is preparing to host the second Global Artificial Intelligence Summit from Sept.

Asharq Al-Awsat

IMF: Saudi Arabia Reaping Benefits of Transparent Economic, Financial Policies

Saudi Arabia is reaping the fruits of success after implementing transparent economic and financial policies, good management of the coronavirus crisis and carrying out economic reforms that have led to increased job opportunities and continued improvement in living standards, revealed IMF Mission Chief for Saudi Arabia Amine Mati. The Kingdom’s…

Asharq Al-Awsat

Saudi Arabia Is World's Top Dates Exporter

Saudi Arabia was the world’s top exporter of dates in 2021, revealed Trendmap. The Kingdom topped a list of 113 export countries, reaping 1.215 billion riyals (324 million dollars) from selling dates. This means dates are among the most important sectors that help in raising national investments and exports, achieving…

Asharq Al-Awsat

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Anthony Joshua was living "prison lifestyle" before Oleksandr Usyk fight

Joshua suffered a second consecutive defeat to Usyk last weekend in Saudi Arabia, with a rebuild now needed for the former two-time heavyweight champion who missed out on a shot at Tyson Fury

Daily Mirror

OPEC+ Member States Support Saudi Arabia’s Stance on Balancing Oil Markets

A statement by Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman on balancing oil markets has been met by a flurry of support by OPEC+ member states. The United Arab Emirates is aligned with Saudi Arabia’s thinking on crude oil markets, a source with knowledge of the matter told Reuters…

Asharq Al-Awsat

Trump's NYC golf course to host Saudi-backed women's event

A New York City-owned golf course managed by former President Donald Trump’s business is expected to host a Saudi Arabia-supported women’s tournament in October

The Independent UK

Saudi Digital Experience Maturity Index Records 77%

The general indicator of the Digital Experience Maturity Index of Saudi government services recorded 77.26 percent at the professional level. Five platforms achieved the highest rating: Absher with 85.59 percent, Tawakkalna and Ehsan with 82.76 and 80.83 percent, respectively, Sehhaty with 80.41 percent, and Najiz with 78.84 percent. In June,…

Asharq Al-Awsat

Saudi Arabia Launches 20 New Flight Routes to Europe

Saudi Arabia launched 20 new routes linking the Kingdom to new cities in Europe through Wizz Air, Europe's fastest-growing airline. The airline will introduce new destinations from Bucharest, Budapest, Catania, Larnaca, Milan, Naples, Rome, Tirana, Varna, Venice, and Vienna to Riyadh, Jeddah, and Dammam. The General Authority of Civil Aviation…

Asharq Al-Awsat

The Guardian view on Saudi Arabia’s repression: the rebranding of Riyadh won’t wash

Editorial: The Leeds student Salma al-Shehab has been jailed for 34 years over Twitter messages. Governments and businesses should speak up

The Guardian - UK

World Cup Fans to Get Saudi Visas

Saudi Arabia will offer multiple-entry visas to fans at the Qatar World Cup, officials said on Thursday. People with a Hayya Card, which is reserved for ticket-holders and used to access Qatar during the tournament, will be able to apply for the electronic visas, the foreign ministry said. The move…

Asharq Al-Awsat

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Asharq Al-Awsat

King Salman Orders Investments Worth $1Bln in Pakistan

Custodian of the Two Holy Mosques King Salman bin Abdulaziz ordered investments worth USD1 billion in Pakistan in reflection of the Kingdom’s support to Pakistan’s economy and people. The announcement was made during a telephone call received by Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah from his Pakistani…

Daily Mirror

Amir Khan plans to help Tyson Fury earn £500million for Oleksandr Usyk fight

Fury will only come out of retirement if he is paid £500million to fight Usyk and Khan plans to use his relationship with the Saudi Arabia Government to help make the fight

Asharq Al-Awsat

Saudi Arabia Records Surges in Non-Oil Exports

The value of non-oil exports (including re-exports) during June 2022 reached SR30 billion, compared to SR24 billion during June 2021, with an increase of SR6 billion or 26.8%, new data from the General Authority for Statistics (GASTAT) showed. Saudi Arabia’s non-oil exports surged by 31 % in the second quarter…

Asharq Al-Awsat

UAE’s Burjeel Holdings to Invest $1 Billion in Saudi Arabia Health Sector

The UAE-based healthcare provider Burjeel Holdings signed on Wednesday a memorandum of understanding (MoU) with the Saudi Ministry of Investment that includes working with local institutions. The company, which owns and operates hospitals and other healthcare facilities, will invest up to SAR3.75 billion ($1 billion) in the Kingdom by 2030.

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Reuters

Lebanon investigates recorded death threats against Saudi embassy

Lebanon's interior minister on Wednesday asked security forces to investigate death threats against the Saudi embassy in Lebanon after Saudi Arabia's ambassador to Lebanon shared a recording containing such threats on his Twitter account.

Reuters

Saudi-Iran talks to resume when conditions right in Iraq, says Iranian envoy

A delayed sixth round of talks between Saudi Arabia and Iran in Baghdad will take place when the conditions are right in Iraq, Iran's ambassador to Kuwait said in published remarks confirmed by his embassy on Wednesday.

Asharq Al-Awsat

Taif to Host Second Edition of Saudi Writers Forum

The Saudi Literature, Publishing and Translation Commission is preparing to launch the 2nd edition of the Saudi Writers Forum, opening doors for dialogue among intellects, authors, and poets willing to discuss the Saudi literary scene, and explore means and perspectives to develop it. The Academy of Arabic Poetry is set…

Daily Mirror

Tyson Fury vs Oleksandr Usyk won't be held in the UK as Saudi Arabia target fight

Fury and Usyk will be looking to pocket record paydays for their undisputed world title fight, and would ideally like to get the fight over the line within this year

Daily Mirror

Saudi Arabia announces plans to host Olympic Games despite sportwashing criticism

Hosting the Olympics in Saudi Arabia is the country's 'ultimate goal' and they are moving towards a 'better society', says prince amid sportwashing criticism

Salon

Golf, Saudi Arabia and Trump: It's ugly

New golf tour sponsored by the brutal Saudi monarchy is, of course, aligned with Donald Trump. It won't end well

Asharq Al-Awsat

Saudi Ministry Launches Investment Opportunity for Detecting Gypsum Ore West of Kingdom

Saudi Arabia’s Ministry of Industry and Mineral Resources has announced the launch of a tender for the exploration of gypsum ore in the Al-Qasab wells in Madinah Al-Munawwarah region, north of Yanbu Governorate over an area of about 0.6 km. Lately, the ministry revealed the 13 qualified bidders in the…

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