The Latest Breaking News from Saudi Arabia

Prosecutor seeks end to Khashoggi murder trial in Turkey

The prosecutor in the case against 26 Saudi nationals charged in the slaying of Washington Post columnist Jamal Khashoggi requested Thursday that their trial in absentia be suspended and the case be transferred to Saudi Arabia

The Independent UK · Mar 31, 2022

Saudi Dussur Signs 4 Joint Ventures, Global Acquisition Deal

The Saudi Arabian Industrial Investments (Dussur) announced the signing of five new shareholders' agreements, including four joint ventures and one global acquisition deal. Dussur, owned by PIF, Aramco, and SABIC, signed the agreement at a special event attended by Minister of Energy and Investment Prince Abdulaziz bin Salman, Minister of…

Asharq Al-Awsat · Mar 31, 2022

Magazine: Saudi Arabian GP review and F1's new headline battle

Another sensational Formula 1 fight between Max Verstappen and Charles Leclerc is the focus of Autosport magazine’s Saudi Arabian Grand Prix coverage, out today (31 March).

Autosport · Mar 31, 2022

Saudi Arabia says it deposited $5B in Egypt’s central bank

Saudi Arabia has announced a $5 billion aid package to cash-strapped Egypt, where the economy is under mounting pressure, in part because of the economic fallout from Russia's war on Ukraine

The Independent UK · Mar 30, 2022

Pactiv Evergreen Sells 50% Stake In Naturepak Beverage Packaging

Pactiv Evergreen Inc (NASDAQ:PTVE) subsidiary, Evergreen Packaging International LLC, has sold its 50% interest in Naturepak Beverage Packaging Co Ltd to affiliates of Elopak ASA. The financial terms of the deal were not disclosed. Naturepak Beverage Packaging supplies customers in the Middle East and Africa region from manufacturing plants in Morocco and Saudi…

Benzinga · Mar 30, 2022

Kuwait: Durra Gas Field is Saudi-Kuwaiti in its Entirety, Iran Has No Rights over It

Kuwaiti Foreign Minister Sheikh Ahmed Nasser Al-Mohammed Al Sabah said on Tuesday that Iran was not a party to Al-Durra field, which is “purely Kuwaiti-Saudi.” Referring to statements he made during a joint press conference with visiting French Foreign Minister Jean-Yves Le Drian, Sheikh Ahmed said he meant “negotiations regarding…

Asharq Al-Awsat · Mar 30, 2022

Saudi Arabia, UAE Say OPEC+ Mission Is to Stabilize Market

Saudi Arabia and the UAE reiterated that OPEC+ has only a mission to "stabilize the market," adding that the alliance keeps politics out of its decision-making in favor of the "common good" of energy prices. Saudi Energy Minister Prince Abdulaziz bin Salman stressed that the focus is on balancing crude…

Asharq Al-Awsat · Mar 30, 2022

Saudi Arabia Boosts Entrepreneurship in Industry, Logistics

The Saudi National Industrial Development and Logistics Program (NIDLP) launched the "Thousand Miles" initiative for small and medium enterprises (SMEs) in the industrial and logistics fields. The initiative seeks to facilitate material support, feasibility studies, and asset investment. The launch came during the Global Entrepreneurship Congress (GEC), organized by the…

Asharq Al-Awsat · Mar 30, 2022

F1 drivers demand greater input on where sport races after Saudi Arabia GP controversy

Formula 1 stars are preparing to demand more input on the sport's calendar following the heavily criticised trip to Saudi Arabia last weekend, which saw a shocking nearby missile attack steal headlines

Daily Mirror · Mar 30, 2022

Fertiliser supply adequate for peak plantation season

Local fertiliser traders and suppliers have confirmed there will be sufficient fertiliser supply during the peak plantation season starting in May, while pledging to step up imports from Saudi Arabia to meet domestic demand.

Bangkok Post · Mar 29, 2022