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The Latest Breaking News from Saudi Arabia

5 charts that explain why gas prices are so high

Gas prices reached a record high during the Russian invasion of Ukraine.

Axios

Pariahs no more? US reaches out to oil states as prices rise

Three checkered oil regimes that President Joe Biden and past U.S. leaders have spectacularly snubbed — Venezuela, Saudi Arabia and Iran — are the targets of U.S. outreach as global fuel prices hit record highs during the Ukraine crisis

The Independent UK

With Saudi Arabia noise behind him, Dustin Johnson’s focus is on the Players Championship at TPC Sawgrass

“Any time you have something that's not what you're doing it's going to distract you.”

USA Today Sports Media Group

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Egyptian-Saudi Trade Grows 66%

The value of trade exchange between Egypt and Saudi Arabia increased by 66.1% in the first 11 months of 2021, amounting to $8.3 billion compared to five billion during the same period in 2020, data from the country's statistics agency CAPMAS showed Tuesday. During the same period in 2021, Egypt’s…

Asharq Al-Awsat

Saudi Defense Ministry Concludes 10 Agreements with Local, Int'l Companies

On the third day of Saudi Arabia’s World Defense Show, which coincided with International Women’s Day, participants focused on stimulating the role of female leaders in defense and security worldwide. Saudi ambassador to the United States, Princess Rima bint Bandar bin Sultan bin Abdulaziz said on Monday that empowering Saudi…

Asharq Al-Awsat

Saudi Arabia and UAE leaders ‘decline calls with Biden’ amid fears of oil price spike

The Gulf nations have capacity to pump more oil to ease supply fears but relations with the US have chilled during Biden administration

The Guardian - US

Vimarn Suriya looks to Saudi market

Vimarn Suriya Co, the developer of the luxury mixed-use project Dusit Central Park, wants to tap potential buyers in Saudi Arabia through roadshows in the Middle East before the summer holiday.

Bangkok Post

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World Cup survival kit: Everything you need to know about Qatar 2022

No one is quite sure what will happen about alcohol sales – Simon Calder reports on what we know so far

The Independent UK

‘Courage and defiance’: female Guardian reporters on the women who inspired them

From an abortion rights campaigner in Poland to a protester in Myanmar, our correspondents choose some of the women they most admire to mark International Women’s Day

The Guardian - UK

U.S. calls on Saudi Arabia to lift travel bans on released women activists

The United States urged its ally Saudi Arabia on Tuesday to lift travel bans and other restrictions imposed on previously released women's rights activists.

Reuters

Global Defense Companies Discuss Relocating Regional HQs to Saudi Arabia

The Saudi Ministry of Investment signed 12 memoranda of understandings (MoUs) in the aerospace and defense sectors during the World Defense Show. The four-day event, organized by the General Authority for Military Industries, was launched in Riyadh on Sunday. The partnerships aim to advance manufacturing and systems development, promote technology…

Asharq Al-Awsat

The limits of Iran’s influence on Yemen’s Houthi rebels

While Iran engages in dialogue with regional rivals, its ally in Yemen has increased attacks on them.

Al Jazeera

Saudi Women Are Partners in Kingdom’s Development

The world celebrates International Women’s Day on March 8 to recognize women’s achievements, their essential role in the world, and supporting gender equality. The day marks public respect and appreciation of women for their economic, political, and social achievements. On International Women’s Day, Asharq Al-Awsat monitored reform steps taken by…

Asharq Al-Awsat

Oshkosh Defense Delivered 7,000 Military Vehicles in the Region

John Lazar, vice president and general manager of international programs at US-based Oshkosh Defense, underlined the company’s commitment to localizing Saudi Arabia’s defense and security industries, noting that the Kingdom constituted an attractive investment environment for the transfer of technologies and industries in the sector. In remarks to Asharq Al-Awsat,…

Asharq Al-Awsat

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Asharq Al-Awsat

Kurdish Sisters Help Boost Iraq to Weightlifting Victory

In Iraq's autonomous Kurdistan region, sisters Ines, Israa and Oshin Muhsin have inherited a hefty mantle from their late father, using it to take their country to weightlifting glory. "We want to write the history of women's sports and preserve our father's" memory, Ines told AFP. At just 20, she…

The Independent UK

‘20th Hijacker’ of 9/11 transferred from Guantanamo to psychiatric facility in Saudi Arabia

Immigration officials prevented Mohammad Mani Ahmad al-Qahtani entering US before 9/11 terror attacks

Reuters

Guantanamo detainee called '20th Hijacker' of 9/11 repatriated to Saudi Arabia

A man accused of being the would-be 20th hijacker in the Sept. 11, 2001 attacks has been repatriated to Saudi Arabia after two decades detained at Guantanamo Bay, the U.S. Department of Defense said on Monday.

The Guardian - US

Biden criticized over report of planned Saudi trip to discuss global oil supply

White House refuses to confirm that top advisers considering spring Saudi Arabia visit to propose increase in oil exports

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Benzinga

Saudi Arabian Movie Theater Chain Plans IPO: Report

Nearly four years after Saudi Arabia allowed movie theaters to reopen after being shuttered for 35 years, a locally based movie chain operator is seeking to become publicly traded.

Asharq Al-Awsat

Saudi Arabia Local Industry Secured $21 Billion in Investment in 2021, Says Minister

Saudi Arabia attracted 81 billion riyal ($21.6 billion) of investments in the industrial sector in 2021 for both the private sector and joint ventures with government entities, the Saudi industry minister said on Monday. The Kingdom has set itself high targets for diversifying its economy and reducing its dependence on…

Reuters

Arms industry eyes boost as Europe looks to bolster defences

Russia's invasion of Ukraine has catapulted defence spending up the political agenda in Europe and could herald a new era of purchases led by Germany, according to weapons makers gathering at an arms fair in Saudi Arabia this week.

Asharq Al-Awsat

Cypriot Defense Minister to Asharq Al-Awsat: We Look Forward to Establishing Defense Cooperation with Saudi Arabia

Cypriot Defense Minister Charalambos Petrides revealed his country’s intention to conclude imminent bilateral agreements with Saudi Arabia on defense, military and security cooperation. He stressed the need to enhance the maritime security of waterways in the eastern Mediterranean, the Gulf of Aden, the Red Sea, the Arabian Gulf and the…

Asharq Al-Awsat

Int’l Companies Eye Development of Saudi Defense Industries

Several international defense companies have voiced their aspirations for participating in Saudi Arabia’s journey to develop its military industry through localizing technologies, productions, and jobs and expanding the vocational training sector in the Kingdom’s defense sector. These companies are partaking in the four-day defense exhibition, the World Defense Show (WDS),…

Asharq Al-Awsat

GAMI, Lockheed Martin Join Forces to Localize Work on THAAD Missile Defense System in Saudi Arabia

The General Authority for Military Industries (GAMI) announced at the World Defense Show on Monday its approval of two localization projects in collaboration with Lockheed Martin. The first focuses on localizing the manufacture of missile interceptor launchers, and the second on producing the missile interceptor canisters locally.

Asharq Al-Awsat

Real Estate Deals Grow 52% in the Gulf

Real estate deals in the Gulf countries grew by nearly 52 percent year-on-year in 2021 to $137.4 billion compared to $90.5 billion in 2020, according to an analysis by KAMCO Invest. Kuwait-based KAMCO, said Saudi Arabia contributed to more than 41 percent of the total value of deals, while the…

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