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The Latest Breaking News from Saudi Arabia

Saudi Crown Prince Affirms Kingdom's Support to Yemeni Presidential Leadership Council

Saudi Crown Prince Mohammed bin Salman met on Thursday with the newly formed Yemeni presidential council. The Crown Prince affirmed Saudi Arabia's keenness on supporting the Yemeni Presidential Leadership Council and its aspirations to start a new page in the country to achieve peace and prosperity.

Asharq Al-Awsat

Saudi gives Yemen money, urges peace talks after Yemen presidential council announced

Saudi Arabia on Thursday welcomed the Yemeni president's decision to transfer his powers to a new presidential council, urged the body to start negotiations with the Houthi group and said it would arrange $3 billion of support to the war-torn country's economy, state news agency SPA said.

Reuters

Saudi Arabia to Start Manufacturing Drones, Eyeing Foreign Exports

Saudi Arabia’s INTRA Defense Technologies CEO Abdulsalam Ghamdi said unmanned aircraft systems have become a useful technology for many fields, indicating that a developed country such as the Kingdom cannot ignore its interest in the sector meeting its local needs. Ghamdi highlighted Saudi Arabia’s interest in investing in manufacturing and…

Asharq Al-Awsat

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Saudi Arabia Elected Member of International Anti-Corruption Academy

The Oversight and Anti-Corruption Authority, an affiliate of the Saudi government has been elected by the International Anti-Corruption Academy (IACA) as an active member of the Academy’s Board of Trustees for three years. This follows the Kingdom's admission to the Academy’s membership as one of the founding members of the…

Asharq Al-Awsat

Saudi Govt Hails UN Efforts in Reaching Yemen Truce

The Saudi government hailed on Tuesday the United Nations and its envoy on reaching a truce in Yemen. Custodian of the Two Holy Mosques King Salman bin Abdulaziz chaired the cabinet meeting that was held in Jeddah. The ministers remarked that the two-month truce, which was announced on Friday and…

Asharq Al-Awsat

Saudi Arabia Reports No COVID-Related Deaths for First Time in 2 Years

Saudi Arabia reported no COVID-related deaths for the first time in two years. The Kingdom confirmed on Tuesday 116 new infections in the past 24 hours, taking the tally to 751,296. It confirmed 298 recoveries, raising the total to 735,699. The death toll from the virus stood at 9,050.

Asharq Al-Awsat

F1 drivers will continue to speak out after Saudi chaos, says association chair

The recent Saudi Arabian GP was almost boycotted by drivers and Alex Wurz, chair of the Grand Prix Drivers’ Association, said: ‘Sportspeople are now involved in politics’

The Guardian - UK

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Sudan to Seek $1 Billion Deposit in Central Bank

Sudan's finance minister will seek to arrange a $1 billion central bank deposit to support its currency when he visits Saudi Arabia, the finance ministry said in a statement on Tuesday. Sudan's economy has deteriorated since a coup last October which led to the suspension of international financing, and its…

Asharq Al-Awsat

Saudi Arabia, UAE Top Gulf Investments in Horn of Africa

A recent study pointed to the growth of Gulf investments in the countries of the Horn of Africa, especially in Ethiopia, Sudan, Somalia and Djibouti. Africa has become an increasingly vital partner for the Gulf states. Investment flows from the Arab Gulf to sub-Saharan Africa amounted to about $3.9 billion…

Asharq Al-Awsat

STC Solutions Announces Binding Offer to Acquire Giza Systems Co.

Saudi Arabian Internet and Communications Services Co. (solutions by STC) announced a binding offer to acquire 89.49% of Giza Systems Co.

Asharq Al-Awsat

Red Bull chief reveals escape clause in Max Verstappen's £40m-a-year contract

Red Bull chief Helmut Marko has revealed Max Verstappen - who won the Saudi Arabian Grand Prix last time out - could leave the team if they fail to build a competitive car

Daily Mirror

Charles Leclerc fires warning at championship rivals after electric start to F1 season

Ferrari have set the early pace after two races of the 2022 season, with Charles Leclerc leading the way in the Drivers' Championship after winning in Bahrain and placing second in Saudi Arabia

Daily Mirror

Sainz: Saudi Arabian GP lessons key to understand Ferrari F1 car struggles

Carlos Sainz Jr believes the lessons from the Saudi Arabia Formula 1 race weekend will help him better understand his early-season struggles with Ferrari’s new 2022 car.

Autosport

Sainz: Saudi Arabia F1 lessons key to understand Ferrari car struggles

Carlos Sainz believes the lessons from the Saudi Arabia Formula 1 race weekend will help him better understand his early-season struggles with Ferrari’s new 2022 car.

Motorsport

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Daily Mirror

Formula 1 engineer backs Mercedes to reel in Red Bull and Ferrari this season

Mercedes have endured a torrid start to the 2022 F1 season, with Ferrari and Red Bull out in front as the early pace setters following races in Bahrain and Saudi Arabia

The Independent UK

World Cup fixtures: Groups, dates, kick-off times and full schedule for Qatar 2022

Every match at the 2022 World Cup in Qatar

Asharq Al-Awsat

Qatari Companies Transfer World Cup Construction Expertise to Saudi Arabia

Qatar wants to increase its trade and investment partnerships with Saudi Arabia during the coming period. A Qatari official announced that several Qatari private companies that established the infrastructure for World Cup facilities intend to launch partnerships with Saudi companies to contribute to constructing stadiums and giant projects. Executive Director…

Asharq Al-Awsat

Eighth Batch of Saudi Oil Derivatives Grant Arrives in Aden, Yemen

The eighth batch of the oil derivatives grant, provided by Saudi Arabia through the Saudi Development and Reconstruction Program for Yemen (SDRPY), arrived in the Yemeni governorate of Aden, reported the Saudi Press Agency (SPA) on Sunday. The shipment was carrying 60,000 tons of diesel and 25,000 tons of mazut.…

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Asharq Al-Awsat

Khalid bin Salman Stresses Saudi Arabia's Keenness on Yemen's Security, Stability

Saudi Deputy Defense Minister Prince Khalid bin Salman stressed on Sunday the Saudi-led Arab coalition's keenness on restoring security, peace and stability in Yemen. He held talks in Riyadh with Yemeni Prime Minister Dr. Maeen Abdulmalik and several of his ministers. Prince Khalid highlighted Riyadh's welcoming of the two-month ceasefire…

Daily Mirror

'Johnson isn’t coming to the rescue - energy is another example of where he’s a drain'

Soaring bills and Putin’s invasion of Ukraine, allied to Boris Johnson returning empty-handed from an oil begging trip to Saudi Arabia, would in a sane nation emphasise why increasing the 40% of electricity from renewables is a national emergency, says Kevin Maguire

The Guardian - US

Biden rebuffed as US relations with Saudi Arabia and UAE hit new low

Analysis: As oil prices – and diplomatic tensions – rise, two of the biggest US allies are questioning the basis of their relationship

Asharq Al-Awsat

Adeer Company Sells Real Estate Project at $480 Million East of Saudi Arabia

Saudi Arabia’s Adeer Real Estate Company announced selling Sumou Al-Khobar project east of the Kingdom for more than SAR1.8 billion ($480 million) during the public auction it organized on Thursday. CEO of Adeer Mutab Al Saad said the auction’s success underlines the advantages that the project enjoys, including its strategic…

The Independent UK

World Cup fixtures: Groups, dates, kick-off times and full schedule for Qatar 2022

Every match at the 2022 World Cup in Qatar

Asharq Al-Awsat

Saudi Arabia Welcomes Announcement of Yemen Truce

Saudi Arabia welcomed on Saturday an announcement made by the UN Special Envoy of the Secretary-General for Yemen, Hans Grundberg, for a truce in Yemen, under which all forms of military operations in the country and on the Saudi-Yemeni border will be halted. The Saudi Ministry of Foreign Affairs said…

The Independent UK

Fossil fuel backers overshadow climate change talks in Dubai

A flurry of summits this week across Dubai all focused in one way or another on climate change, or at least acknowledgement that the global energy transition is needed to keep temperatures from rising

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