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The Latest Breaking News from Saudi Arabia

Billionaire Prince Alwaleed rejects Elon Musk’s Twitter bid

Saudi Arabia’s Prince Alwaleed bin Talal rejected Elon Musk’s bid to acquire Twitter Inc. for $54.20 per share, saying the deal doesn’t “come close to the intrinsic value” of the popular social media platform.

Tribune News Service

Israel hopes U.S. will mend ties with Saudi Arabia, ambassador says

Israel views Saudi Arabia as crucial to countering Iran and growing the Abraham Accords.

Axios

Riyadh Chamber Signs Cooperation Agreement with China Foreign Trade Center

The Riyadh Chamber signed on Thursday an agreement with the China Foreign Trade Center (Canton Fair) to enhance and expand commercial, industrial and investment relations by encouraging cooperation among businesspeople. Vice Chairman of Riyadh Chamber Naif bin Abdullah Al-Rajhi and Deputy Director General of China Foreign Trade Center and Spokesperson…

Asharq Al-Awsat

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Arab Parliament Commends Saudi Support for Yemeni Economy

Arab Parliament Speaker Adel bin Abdulrahman Al-Assoumi has commended Saudi Arabia's announcement of $3 billion in financial aid to help the Yemeni economy. In a statement issued Thursday, Al-Assoumi appreciated the efforts of the Kingdom and the United Arab Emirates, their constructive initiatives and persistent endeavors in Yemen to reach…

Asharq Al-Awsat

Saudi Arabia Amends Import Licenses for Fruits, Vegetables

Saudi Arabia has amended its import licensing guide by adding fresh fruits and vegetables so that the Ministry of Environment, Water, and Agriculture will be the competent authority to issue these licenses, Asharq Al-Awsat learned. Minister of Commerce Majid al-Qasabi issued a ministerial decision to add fresh fruits and vegetables…

Asharq Al-Awsat

US Forms Multinational Naval Force to Confront Houthi Attacks, Smuggling

A US Navy official announced the formation of a new multinational naval task force to respond to Houthi attacks on regional countries, target arms smuggling, and people and drugs trafficking. The initiative comes amid strained relations between some Gulf countries and the United States against Iran, which Washington and the…

Asharq Al-Awsat

House Democrats ask Biden to get tougher with Saudi Arabia

Three dozen House Democrats say Saudi Arabia is being a bad strategic partner

The Independent UK

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Saudi Arabia, Kuwait Stress Their Right to Exploit Durra Field

Saudi Arabia and Kuwait stressed on Wednesday their right to exploit the natural resources in the Durra field. They invited Iran to negotiations over the delineation of the eastern border of the Submerged Divided Zone. The Saudi Foreign Ministry tweeted that the Kingdom and Kuwait had signed a Memorandum of…

Asharq Al-Awsat

Saudi, Kuwait to develop gas field despite Iran condemnation

Tehran says deal contravenes ‘previously held negotiations’ and it ‘reserves its right to exploit’ the field.

Al Jazeera

U.S. sets up new Mideast naval task force amid strained Gulf ties

The U.S. Navy on Wednesday said it was establishing a new multinational task force that would target arms smuggling in the waters around Yemen, the latest American military response to Houthi attacks on Saudi Arabia and the United Arab Emirates.

Reuters

Saudi Govt Stresses Kingdom's Full Support to Yemen's Leadership Council

The Saudi government stressed on Tuesday the Kingdom's keenness that Yemen achieve security, stability and prosperity. Custodian of the Two Holy Mosques King Salman bin Abdulaziz chaired the cabinet meeting that was held in Jeddah. The government underscored Riyadh's full support to the Yemeni Presidential Leadership Council as it is…

Asharq Al-Awsat

Ferrari’s Hopes Run High after Previous False Starts

Ferrari fans know all about false dawns and dashed hopes but the first three races of the Formula One season have brought the good times back to Maranello and sent expectations soaring. Charles Leclerc, seeking to become the Italian team's first world champion since Kimi Raikkonen in 2007, has taken…

Asharq Al-Awsat

Saudi Arabia rekindles ties with cash-strapped Lebanon

Improvement in relations between Lebanon and Gulf nations including Saudi Arabia come before May’s general elections.

Al Jazeera

Mercedes chief gives bleak outlook on Lewis Hamilton's title chances after poor start

Lewis Hamilton has endured a difficult start to the 2022 F1 season, finishing on the podium just once so far after races in Bahrain, Saudi Arabia, and Australia

Daily Mirror

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Al Jazeera

Are Turkish-Saudi relations set for a reset?

Signs of warming ties emerge amid Turkish diplomatic drive that coincides with major economic crisis.

The Independent UK

Ukraine war gives oil producers greater clout at global climate talks

Many western nations are seeking to boost supplies of energy in light of Putin’s war – whether clean or not

Tribune News Service

War gives oil producers greater clout at global climate talks

Oil producers have always been an easy target at the United Nations’ annual climate summits. This year, with Russia’s war in Ukraine boosting demand for fossil fuels, they’re preparing to fight back.

Asharq Al-Awsat

Shura Council Approves Saudi-Iraqi Power Grid Link, Maritime Transport Agreements

The Saudi Shura Council approved on Monday a memorandum of understanding of joint cooperation in the field of electrical interconnection between Saudi Arabia and Iraq. The two countries signed an MoU to connect their national electricity grid in January. “The signing of this MoU comes in implementation of the directives…

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Asharq Al-Awsat

Saudi Ambassador: We Wish Lebanon Well

On his first diplomatic activity following his return to Beirut, Saudi Ambassador to Lebanon Walid Bukhari met on Monday with Lebanese religious leaders.

The Independent UK

Anthony Joshua vs Oleksandr Usyk ‘very difficult’ to stage in UK, Eddie Hearn admits

Saudi Arabia is emerging as the likeliest location for the heavyweight title rematch

Tribune News Service

Timothy L. O'Brien: How did Jared Kushner get $2 Billion from the Saudis?

Jared Kushner’s new private equity firm got $2 billion from Saudi Arabia because maybe that’s how you can cash in when your investing experience is slender but your father-in-law may wind up back in the White House. It’s also possible that you can get billions for a firm with no…

Reuters

CDC eases COVID travel assessment for Saudi Arabia, Myanmar, Haiti

The U.S. Centers for Disease Control and Prevention (CDC) on Monday eased its COVID-19 travel ratings for Saudi Arabia, Myanmar and Haiti.

Reuters

Lebanon PM Mikati to visit Saudi Arabia during holy month of Ramadan -Al-Jadeed TV

Lebanese Prime Minister Najib Mikati said on Monday he will visit Saudi Arabia during the Muslim holy month of Ramadan, Al-Jadeed TV reported, in a sign of improving ties with the kingdom following the return of the its ambassador to Beirut after he was withdrawn during a diplomatic rift.

Motorsport

Ten things we learned from the 2022 Australian Grand Prix

Formula 1 rolled into Albert Park for the first time since the cancelled 2020 event with a party atmosphere after some intense races in the Middle East. Ferrari’s Charles Leclerc asserted his dominance as Max Verstappen suffered more mechanical anguish, while there were talking points aplenty up and down the…

Autosport

10 things we learned from the 2022 Australian Grand Prix

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