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The Latest Breaking News from Saudi Arabia

F1: Can George Russell upstage Mercedes team-mate Lewis Hamilton in 2022?

There is nothing new in Lewis Hamilton losing in his second grand prix against a team-mate, as he did to George Russell in Saudi Arabia last weekend.

Evening Standard

Gulf states hold Yemen talks despite boycott by Houthi rebels

Six nations including Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE are meeting in Riyadh

The Independent UK

Sanctions On Russia After Ukraine Invasion, Are Likely To Lead To Higher Prices: CNBC

According to an energy expert, consumers will have to be ready for higher prices as Russia continues its war in Ukraine and disruptions to the global energy market persist, writes CNBC. Washington and its allies have imposed sanctions on Russia, including energy exports, which could lead to inflation. “What is the…

Benzinga

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Wolff: No "arm twisting" to convince F1 drivers to race in Saudi

Toto Wolff says there “wasn’t any arm twisting from our side” to convince Formula 1 drivers to race in Saudi Arabia after threats of a boycott emerged on Friday night.

Motorsport

Saudi Arabia Sees Growth in Entrepreneurs' Funds

Investment in Saudi Arabia has witnessed a qualitative leap in the stock market and a significant growth in entrepreneurs' funds, be it private or venture investment or startup funds, announced Chairman of the Capital Market Authority (CMA) Mohammed al-Kuwaiz. Speaking at a panel discussion at the Global Entrepreneurship Congress (GEC)…

Asharq Al-Awsat

Saudi ‘Jada’ Plans Attractive Investment Funds in NEOM

Saudi Arabia’s Jada Fund of Funds plans launching funds to attract investments in favor of NEOM, revealed Jada CEO Adel Al-Ateeq. “We are looking to increase the volume of Jada’s investment by more than SAR 4 billion ($1.06 billion),” Al-Ateeq told Asharq Al-Awsat.

Asharq Al-Awsat

Saudi Arabia Launches Campaign for Its Bid to Host Expo 2030 Riyadh

The Saudi capital Monday launched an ambitious global campaign for its bid to host the Expo 2030 Riyadh at a dazzling closing ceremony of the Kingdom’s pavilion at Expo 2020 Dubai. This campaign comes after Crown Prince Mohammad bin Salman having announced last October that Riyadh had submitted an official…

Asharq Al-Awsat

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Oleksandr Usyk vs Anthony Joshua: London faces competition from Saudi Arabia to host heavyweight title rematch

London is facing competition from Saudi Arabia to host Anthony Joshua’s heavyweight rematch against Oleksandr Usyk, with June 25 the preferred date.

Evening Standard

Saudi Entities Coordinate to Facilitate Issuing 'Entrepreneurship' Licenses in the Kingdom

Saudi Minister of Investment Khalid al-Falih announced that visiting Saudi Arabia in 2030 will be an opportunity for work, stability, investment, and future building. Falih indicated that the economic development in the Kingdom would lead to the development of the entire region, noting that Ministries of Investment and Commerce are…

Asharq Al-Awsat

Saudi oil chief says energy security imperiled by attacks

Saudi Arabia’s oil chief says markets are going through a “jittery period” and reiterated that the kingdom’s ability to ensure energy security is no longer guaranteed

The Independent UK

Usyk Promoter Says Saudi Arabia Could Host Joshua Rematch

World heavyweight champion Oleksandr Usyk's rematch with Briton Anthony Joshua is likely to take place in late June with Saudi Arabia among the venues being considered, his promoter told Sky Sports. Usyk beat Joshua in front of a sell-out crowd at the Tottenham Hotspur Stadium in September to seize the…

Asharq Al-Awsat

OIC Urges Washington to Re-designate Houthis as a Terrorist Group

The Secretariat of the Organization of Islamic Cooperation (OIC) strongly denounced on Monday the military escalation by the Houthi militias against civilian targets in Saudi Arabia and the UAE. It urged the US to re-designate the Houthis as a terrorist group pursuant to the UN Security Council Resolution 2624. The…

Asharq Al-Awsat

Gulf states plan Yemen talks without Houthi rebels present

Gulf Arab states are holding a summit about the yearslong war in Yemen, which the country’s Houthi rebels are boycotting because it's taking place in Saudi Arabia, their adversary in the conflict

The Independent UK

King Salman Sponsors 'Umm al-Qura' Centennial on Wednesday

Custodian of the Two Holy Mosques King Salman bin Abdulaziz will sponsor on Wednesday the centennial celebration of the Umm al-Qura newspaper. Governor of the Makkah region Prince Khalid al-Faisal will represent King Salman at the event, which is being held by the Media Ministry. The Kingdom's official gazette, Umm…

Asharq Al-Awsat

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Asharq Al-Awsat

Saudi FM, Blinken Discuss Bolstering Saudi-US Strategic Relations

Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan received a phone call from the US Secretary of State Antony Blinken on Monday. During the call, the two officials discussed the strategic relations between the Kingdom and the US and ways to boost them in all fields to serve the interests…

Bangkok Post

Deal opens up job market in Saudi Arabia

Thai and Saudi Arabian labour ministers have signed a memorandum of understanding (MoU) on the export of Thai labour that includes ensuring good conditions for workers in the Gulf state.

Bangkok Post

CPF hails historic Saudi chicken export

Charoen Pokphand Foods (CPF) has exported chicken products to Saudi Arabia for the first time since 2004, after getting the green light from Saudi food and drug authorities.

Asharq Al-Awsat

Mercedes’ Situation Is No Fun at All, Says Wolff

Formula One champions Mercedes are going through an "exercise in humility" after years of success but they will be stronger for it, team boss Toto Wolff said after more pain in Saudi Arabia on Sunday. Mercedes' seven-times world champion Lewis Hamilton finished 10th, the last of the points-paying positions, after…

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Motorsport

Ten things we learned from the 2022 Saudi Arabian Grand Prix

The 2022 Formula 1 season continued with another action-packed grand prix in Jeddah. Ferrari's Charles Leclerc went toe-to-toe with world champion Max Verstappen and had to concede defeat to the Red Bull driver, but a serious crash and an oil refinery attack nearby the track marred the weekend. Here are…

Autosport

10 things we learned from the 2022 Saudi Arabian Grand Prix

Daily Mirror

Lewis Hamilton spotted looking demoralised after mediocre Saudi Arabia Grand Prix

Lewis Hamilton and Mercedes have endured a rather torrid time since the beginning of the 2022 season, and their title hopes appear bleak just two races into the campaign

Benzinga

Microsoft Ex-Employee Raises Corruption Charges In Middle East, Africa

Microsoft Corp (NASDAQ:MSFT) fired some employees and terminated partnerships concerning bribery allegations in its sales efforts in the Middle East, the Wall Street Journal reports. A former Microsoft manager Yasser Elabd, who worked throughout the Middle East and Africa from 1998 to 2018, made the allegations public after being fired. Elabd alleged that Microsoft…

Motorsport

Domenicali: F1 not "blind" to concerns over Saudi GP future

Formula 1 CEO Stefano Domenicali insists the sport is not 'blind' to concerns about Saudi Arabia’s place on the calendar, but feels its presence can help the country.

Autosport

Domenicali: F1 "not blind" to concerns over Saudi Arabian GP future

Formula 1 CEO Stefano Domenicali insists the series is 'not blind' to concerns about Saudi Arabia’s place on the calendar, but feels its presence can help the country.

Daily Mirror

George Russell identifies Mercedes issue amid Lewis Hamilton's "undriveable" comments

George Russell has explained how Mercedes may be able to solve their problems following a mediocre performance in Saudi Arabia that has done little to boost their title hopes

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