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The Latest Breaking News from Saudi Arabia

Saudi Arabia Studies Impact of Key Activities on Competition

The Saudi General Authority for Competition has approved an initiative to study the agricultural and fish products sector, as well as the building and construction sector.

Asharq Al-Awsat

Sebastian Vettel to miss Saudi Arabian Grand Prix as Nico Hulkenberg steps up for Aston Martin again

Sebastian Vettel will miss a second consecutive grand prix weekend due to Covid, Aston Martin have confirmed.

Evening Standard

Saudi Arabia Seeks to Conclude Investment Protection Agreements with Several Countries

The Saudi Ministry of Investment is updating the priorities of investment contracts, in accordance with specific technical standards, with the aim to expand and protect Saudi investments across the globe and enable companies to achieve their set goals. According to official sources, the ministry has called on the Saudi private…

Asharq Al-Awsat

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Hulkenberg to replace Vettel again in Saudi Arabian F1 GP

Nico Hulkenberg will remain at Aston Martin for this weekend's Saudi Arabian Grand Prix, with Sebastian Vettel sidelined for the second Formula 1 race in succession after contracting COVID-19.

Motorsport

F1 faces calls to quit Saudi Arabia while prisoner’s family asks Hamilton to help

The human rights group Reprieve has demanded F1 ends its association with Saudi Arabia, after the family of a teenager sentenced to death pleaded with Lewis Hamilton to speak out

The Guardian - UK

Sebastian Vettel could miss Saudi Arabia GP with star still testing positive for Covid

Sebastian Vettel missed the season opener in Bahrain last weekend and could miss the second race of the season in Saudi Arabia having yet to produce a negative Covid result

Daily Mirror

Iran's foreign minister says Riyadh sending mixed messages on normalisation

Iran has received contradictory statements from Saudi Arabia on the renewal of bilateral relations, the country's Foreign Minister Hossein Amirabdollahian said on Thursday.

Reuters

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Saudi Arabia: why Boris Johnson not getting an instant deal is down to history

The spiking oil price has turned attention, as ever, to Saudi Arabia. The state has long enjoyed a deserved reputation as the industry’s key player because of its ability to quickly turn on the taps to pump extra oil onto an overheating market to bring the price down.

The Conversation

Japan, Saudi Arabia Qualify for World Cup After Australia Lose

Japan qualified for a seventh successive World Cup after beating Australia 2-0 in Sydney and ending the Socceroos' chances of automatic qualification on Thursday. The result also qualified Saudi Arabia from Asia Group B. Japan was on top of the group with 21 points, two ahead of Saudi Arabia before…

Asharq Al-Awsat

Egypt, Saudi Arabia Agree to Boost Cooperation, Relations

Egypt and Saudi Arabia have agreed to work on boosting the mutual economic, social, humanitarian, and cultural relations during the coming period. The Egyptian Minister of Trade and Industry, Nevine Gamea, and Saudi Minister of Trade Majid bin Abdullah al-Qasabi chaired the first meeting of the working group to follow…

Asharq Al-Awsat

South Sudan Invites Saudi Arabia to Explore 23 New Oil Fields

Managing Director of Nile Petroleum Corp (NilePet) Chol Deng Thon Abel urged Saudi companies in general and oil giant Aramco to invest in South Sudan.

Asharq Al-Awsat

Mikati Voices Optimism on Lebanese-Gulf Relations

Lebanon’s Prime Minister Najib Mikati said that recent statements by Saudi Arabia and Kuwait augur that the “cloud” that hovered over the country’s relations with the Gulf States is “fading away.” In remarks during a cabinet session on Wednesday, Mikati expressed commitment to the implementation of the ministerial policy statement,…

Asharq Al-Awsat

Vettel yet to return negative COVID test ahead of F1 Saudi Arabian GP

Sebastian Vettel’s involvement in this weekend’s Saudi Arabian Grand Prix remains in doubt as the Aston Martin Formula 1 driver is yet to return a negative COVID-19 test result.

Autosport

Australia 0-2 Japan: World Cup 2022 qualifying – as it happened

Minute-by-minute report: A late brace from Kaoru Mitoma secured Japan’s qualification and consigned Australia to the playoff route to reach Qatar

The Guardian - AU

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Motorsport

Vettel yet to return negative COVID test ahead of Jeddah F1 weekend

Sebastian Vettel’s involvement in this weekend’s Saudi Arabian Grand Prix remains in doubt as the Aston Martin Formula 1 driver is yet to return a negative COVID-19 test result.

Asharq Al-Awsat

KPMG: Saudi Arabia Working to Advance Sporting Culture to Attract Tourists

Countries like Saudi Arabia are advancing agendas to build a sporting culture that attracts domestic and international tourists, KPMG, an advisory services firm, announced on Wednesday. This requires a vast effort, including organizing spectator and participant sporting events, promoting sports tourism to new markets and upgrading infrastructure, among myriad other…

Motorsport

2022 F1 Saudi Arabian Grand Prix session timings and preview

Formula 1 travels to the Jeddah Corniche Circuit this weekend for the second-ever Saudi Arabian Grand Prix. Here's the full schedule for the race.

Asharq Al-Awsat

Sedco Holding Sells 15% Stake in Nahdi through First Portfolio Company IPO

SEDCO Holding, one of the largest family-owned investment groups in the Kingdom of Saudi Arabia, announced the successful listing of its portfolio company Nahdi Medical Company (Nahdi) on the Saudi Exchange main index. This marks SEDCO Holding’s first partial exit through a public share sale.

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Asharq Al-Awsat

Saudi Arabia Seeks to Turn Financial Market into Global Investment Platform

Saudi Arabia announced its intention to launch a package of new enhancements to develop the post-trading infrastructure and increase its efficiency. The enhancements are the largest in the history of the Saudi capital market and intend to provide investors with increased investment opportunities and access to a diverse range of…

Asharq Al-Awsat

Economic Impact of Saudi Geospatial Information Stands at $10.6b Annually

The economic impact of geospatial information according to 7 major sectors in Saudi Arabia is estimated between SAR 22 billion ($5.8 billion) and SAR 40 billion ($10.6 billion) annually. Saudi Arabia’s General Authority for Survey & Geospatial Information, in cooperation with the World Bank, announced the results of a study…

Asharq Al-Awsat

Saudi Arabia Urges Arab Countries to Join Anti-Corruption Network Effectively

The Riyadh Initiative (GlobE Network) seeks to achieve the common goals of Arab countries and the interests of developing countries in combating corruption, announced Nasser Abu al-Khail, Assistant Chairman of the Oversight and Anti-Corruption Authority (Nazaha). Aba al-Khail told Asharq Al-Awsat that the Initiative had entered into force after being…

Asharq Al-Awsat

Finishing Top the Target for Saudi Arabia Coach Renard

Saudi Arabia can secure qualification for the World Cup finals with victory over China on Thursday but coach Herve Renard says they will not be satisfied unless they finish the preliminaries top of the group. Renard's side lead Group B by a point from Japan, with Australia three points further…

Asharq Al-Awsat

Washington Increases Security, Defense Cooperation with Saudi Arabia

The United States has pledged to continue providing Saudi Arabia with the necessary means to defend its territories and repel attacks carried out by the Iran-backed Houthi militias in Yemen. At the same time, it has demanded an immediate end to the war in Yemen and urged against targeting civilians…

Asharq Al-Awsat

Kuwait Welcome Lebanese Govt's Commitment to Restoring Ties with Gulf

The Kuwaiti Foreign Ministry welcomed on Tuesday the Lebanese government's commitment to restoring ties with the Gulf countries. Lebanese Prime Minister Najib Mikati discussed in a phone call with Kuwait's foreign minister, Sheikh Ahmad Nasser al-Mohammad al-Sabah, efforts to return Lebanese-Gulf relations to normal, Mikati's office said in a statement…

Asharq Al-Awsat

Saudi Arabia Stresses Firm Stance in Resolving Ukraine Crisis Peacefully

The Saudi government stressed on Tuesday the Kingdom's firm position in supporting efforts to resolve conflicts through peaceful means.

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