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The Latest Breaking News from Saudi Arabia

OPEC+ JTC Raises 2022 Oil Market Surplus Forecast

The oil market is likely to have a surplus greater than forecast earlier this year amid pressures from rising energy costs and tightening monetary policy that decreased demand for oil, OPEC + said in a report on Wednesday. The report comes days ahead of an OPEC+ policy meeting on Sept.…

Asharq Al-Awsat · Sep 1, 2022

Saudi Arabia Designates 5 People for Working with Houthis

Saudi Arabia designated on Wednesday five Yemenis for their ties to the Iran-backed Houthi militias in Yemen and their terrorist activities. The Presidency of State Security said one of the individuals, Mansour Ahmed al-Saadi, is active in smuggling Iranian weapons to Yemen. He had previously received intense training in Iran…

Asharq Al-Awsat · Aug 31, 2022

Price Hike Doubles Value of Mineral Wealth in Saudi Arabia

The value of the Saudi mineral wealth, estimated several years ago at about SR5 trillion, has doubled with the increase in the price of minerals, especially gold, copper, and zinc, CEO of Saudi Geological Survey (SGS) Ahmed al-Shamrani has announced. The numbers boost the value of the Saudi economy, especially…

Asharq Al-Awsat · Aug 31, 2022

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Saudi Measures Limit New Fees that Affect Tourist Activity

Saudi Arabia directed the relevant public agencies to coordinate with the Non-Oil Revenue Development Center and the Ministry of Tourism before proposing any new taxes or fees that could affect tourist activities. Last week, the government approved the new tourism law to be part of the system of development of…

Asharq Al-Awsat · Aug 31, 2022

Cameron Smith's defection another blow for PGA as LIV continues to challenge status quo

The world number two and reigning Open champion marks the breakaway LIV Golf League's biggest scalp to date, as golf's conservative operations are challenged again.

ABC News · Aug 31, 2022

Riyadh Demands Beirut Turn over Suspect Who Threatened its Embassy

Saudi Ambassador to Beirut Waleed Bukhari demanded on Tuesday Lebanese authorities to arrest and turn over to Riyadh a suspect who had made threats to the Saudi embassy earlier this month. Bukhari met with Lebanon’s caretaker Interior Minister Bassam Mawlawi. The envoy said the suspect, a Saudi national called Ali…

Asharq Al-Awsat · Aug 31, 2022

Minister upbeat on Thai-Saudi trade deals

Business deals between Thai firms and Saudi counterparts are expected to flourish after the two parties yesterday signed a memorandum of understanding (MoU) to establish the Thai-Saudi Business Council.

Bangkok Post · Aug 30, 2022

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Saudi Arabian woman sentenced to 45 YEARS in jail for social media posts

Qahtani's conviction has come just weeks after a British mother-of-two Salma al-Shehab was handed a 35-year sentence for following and retweeting dissidents and activists on Twitter

Daily Mirror · Aug 30, 2022

Saudi Arabia Calls on Iraqi Parties to Protect Country

Saudi Arabia expressed on Tuesday its sorrow over the loss of life during clashes that rocked Iraq on Monday. The Foreign Ministry called on all parties and political forces to stand united to “preserve the gains of the people.” It added that it was following the developments in Iraq with…

Asharq Al-Awsat · Aug 30, 2022

Anthony Joshua's coach backtracks on claim fighter was "mentally defeated"

Joshua suffered a second consecutive defeat to Usyk earlier this month in Saudi Arabia, and AJ's coach Robert Garcia previously claimed the star was "mentally defeated" despite his improved display

Daily Mirror · Aug 30, 2022

Saudi woman gets 45-year prison term for social media posts -rights group

A Saudi Arabian court has sentenced a woman to 45 years in prison for social media posts, a rights group said, in the latest example of a crackdown on women activists that followed a visit by U.S. President Joe Biden to the kingdom.

Reuters · Aug 30, 2022

Saudi Arabia Boosts its Food Security

Saudi Arabia is boosting its food security by allocating industrial land of more than 25,000 square meters in the second industrial city in Jeddah to the largest international meat company. The Saudi Authority for Industrial Cities and Technology Zones (Modon) signed a privatization contract with Seara Arabian for Food Industries,…

Asharq Al-Awsat · Aug 30, 2022

Saudi woman jailed for 45 years over social media use, says group

Nourah bint Saeed al-Qahtani accused of ‘using the internet to tear Saudi Arabia’s social fabric’

The Guardian - UK · Aug 30, 2022

Saudi Arabia, Thailand Sign 5 Agreements, Establish Business Council

Saudi Arabia and Thailand signed in Riyadh on Monday five commercial agreements and established the Saudi-Thai Business Forum. Thai Deputy Prime Minister and Commerce Minister Jurin Laksanawisit confirmed that the two countries would advance towards the most comprehensive cooperative scope, covering all vital sectors. Laksanawisit addressed the Saudi-Thai Business Council…

Asharq Al-Awsat · Aug 30, 2022

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Bangkok Post · Aug 29, 2022

Bid to boost Thai goods in Saudi stores

The Commerce Ministry has teamed up with luxury retailer Manuel Market and LuLu Hypermarket to boost Thai exports to Saudi Arabia.

Bangkok Post · Aug 29, 2022

Riyadh to help seal Gulf free trade deals

Saudi Arabia has agreed to help Thailand push for a free trade agreement (FTA) with members of the Gulf Cooperation Council, according to Commerce Minister Jurin Laksanawisit on Monday.

Al Jazeera · Aug 29, 2022

Iran’s Raisi: IAEA inquiry must close for nuclear deal to happen

Iran has not backed down from its demands that an inquiry into nuclear particles found at its nuclear sites be dropped.

Daily Mirror · Aug 29, 2022

Anthony Joshua "was looking for an excuse" for defeat during post-fight rant

Joshua was left extremely frustrated after failing to beat Usyk for a second time in Saudi Arabia, and after throwing the belts and storming out of the ring, he launched an X-rated rant on the microphone

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Asharq Al-Awsat · Aug 29, 2022

Saudi Factories Pass Global SIRI Index for Transformation towards 4th Industrial Revolution

Fifty-eight factories under the Saudi Authority for Industrial and Technology Zones (Modon) have passed the global Smart Industry Readiness Index (SIRI) that measures the level of facilities created to back the Fourth Industrial Revolution. Saudi Arabia is moving towards harnessing the technologies of the Fourth Industrial Revolution, such as artificial…

Daily Mirror · Aug 29, 2022

Anthony Joshua's coach will continue to train fighter despite Oleksandr Usyk defeat

Joshua was defeated by Usyk earlier this month in Saudi Arabia as he looked for his heavyweight revenge under the guidance of new coach Robert Garcia, who will remain with Joshua for his planned December return

Asharq Al-Awsat · Aug 29, 2022

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…

Bangkok Post · Aug 28, 2022

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.

Daily Mirror · Aug 28, 2022

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 · Aug 28, 2022

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

Asharq Al-Awsat · Aug 28, 2022

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.

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