The Latest Breaking News from Saudi Arabia

World Cup 2022 Group C fixtures, teams and tournament venues

Argentina, Mexico, Poland and Saudi Arabia make up Group C

The Independent UK · Oct 27, 2022

CEO of TDF Highlights Potential of Saudi Tourism

Chief Executive Officer (CEO) of Saudi Arabia’s Tourism Development Fund Qusai bin Abdullah AI-Fakhri affirmed on Thursday that the Kingdom is significantly growing its tourism industry and has enormous projects and promising investment opportunities. On the third day of the activities of the Future Investment Initiative (FII), AI-Fakhri took part…

Asharq Al-Awsat · Oct 27, 2022

Saudi Arabia to Create Largest Venture Capital Fund Globally

Saudi Aramco announced on Wednesday the creation of a $1.5 billion sustainability fund to invest in technology to support a stable and comprehensive energy transition. This is considered one of the largest sustainability-focused venture capital funds globally. Aramco’s decision to start the fund aligns with Saudi efforts to reduce greenhouse…

Asharq Al-Awsat · Oct 27, 2022

Saudi Arabia World Cup 2022 squad guide: Full fixtures, group, ones to watch, odds and more

The Green Falcons are aiming to advance beyond the group stage for the first time since 1994

The Independent UK · Oct 26, 2022

Peter O'Toole watches to be sold at auction for up to £30k

One was a gift from the Sheik of Saudi Arabia to honour his performance in Lawrence of Arabia

Wales Online · Oct 26, 2022

Saudi Arabia Warns against Upcoming Economic Pressure

As the ongoing Future Investment Initiative forum in Riyadh is discussing ways to address the turbulent conditions and the immediate economic pressures in the world, economy, trade, and investment ministers presented their ideas and strategies to adapt to the current global situation. - Proactive outlook Eng. Khalid Al-Falih, the Saudi…

Asharq Al-Awsat · Oct 26, 2022

Saudi Arabia Tops G20 Countries in Tourism Recovery

Saudi Arabia has topped the G20 countries, which include the G20 economy, emerging market economies, and developing economies, at the level of economic recovery. Saudi ministers affirmed on Tuesday that work is underway to create a safe environment for long-term investments, as part of the sustainable development strategy. They pointed…

Asharq Al-Awsat · Oct 26, 2022

Future Investment Initiative: Innovation Is Key to Enhancing Global Human Capabilities

Governor of the Saudi Public Investment Fund (PIF) Yasir Al-Rumayyan stressed the need for the world to be open to innovation, highlighting the importance of investors joining efforts to achieve long-term ambitions. In remarks on Tuesday at the Future Investment Initiative forum, Al-Rumayyan said that Saudi Arabia has been able…

Asharq Al-Awsat · Oct 26, 2022

Saudi Finance Minister Says Next Six Months ‘Very Good’ for Gulf

Saudi Finance Minister Mohammed al-Jadaan said on Wednesday the next six months, and possibly six years, would be "very good" for the Gulf Arab countries but "very difficult" for the wider Middle East. Speaking at Riyadh's Future Investment Initiative (FII) forum, he said the next six months would be difficult…

Asharq Al-Awsat · Oct 26, 2022

Reema bint Bandar: Revision of Saudi-US Ties Is a Positive Thing

Saudi Ambassador to the United States Princess Reema bint Bandar underscored the strength of the ties between Riyadh and Washington, describing them as strategic and dating back 80 years. In an interview to CNN aired on Tuesday, she said the United States’ revision of bilateral relations between Riyadh and Washington…

Asharq Al-Awsat · Oct 26, 2022