The Latest Breaking News from Saudi Arabia

How many countries are competing in the Winter Olympics 2022? Full list

Countries such as Haiti and Saudi Arabia are set to make their first appearance at a Winter Olympics

The Independent UK · Feb 16, 2022

Saudi Arabia Approves Licensing of New Digital Bank

Saudi Arabia’s central bank announced on Tuesday that the government has approved the licensing of a third digital bank, called D360 Bank, with a capital of 1.65 billion riyals ($440 million). It added that the Kingdom’s Public Investment Fund (PIF) was part of the consortium of companies and investors launching…

Asharq Al-Awsat · Feb 16, 2022

Erdogan says Turkey continuing "positive dialogue" with Saudi Arabia -media

Turkey is continuing a "positive dialogue" with Saudi Arabia and wants to take concrete steps in the coming days to improve ties, President Tayyip Erdogan was cited as saying on Wednesday, amid a regional charm offensive by Turkey to mend strained relations.

Reuters · Feb 16, 2022

Saudi Arabia Says Supports US Efforts to Prevent Iran from Acquiring Nuclear Arms

The Saudi government reiterated on Tuesday the Kingdom's keenness to resolve all tensions in the region. It stressed that it supports the American administration's efforts to prevent Iran from acquiring nuclear weapons, underlining the need for joint work to confront the harmful activities of its proxies. Custodian of the Two…

Asharq Al-Awsat · Feb 15, 2022

Saudi Arabia to Enhance National Products’ Competitiveness in Global Markets

The Saudi Ministry of Industry launched the Made in Saudi Arabia exhibition, meanwhile, experts expect the industrial sector in the Kingdom to grow by 5 to 6 percent, in parallel with an increase in global partnerships thanks to the competitiveness of national products. Held under the slogan of “Our Industries,…

Asharq Al-Awsat · Feb 15, 2022

Saudi Arabia backs U.S. efforts to stop Iran getting nuclear weapons - SPA

Saudi Arabia's government expressed on Tuesday its support for "U.S. efforts to prevent Iran from acquiring a nuclear weapon," state news agency SPA reported.

Reuters · Feb 15, 2022

Gen. Naravane holds talks with Saudi Arabian commander

Lt. Gen. Al-Mutair was also accorded a guard of honour at the South Block lawns before the talks.

The Hindu · Feb 15, 2022

PM wants quick action on restoring cooperation with Saudis

Prime Minister Prayut Chan-o-cha wants progress in the restoration of working cooperation with Saudi Arabia within two months, government spokesman Thanakorn Wangboonkongchana said on Monday.

Bangkok Post · Feb 14, 2022

ADQ, Saudi Technology Ventures Invest in Mideast Uber-like Service for Trucks

Saudi Arabia-based TruKKer, which offers Uber-like services for trucks in the Middle East and elsewhere, said on Monday it has raised just under $100 million through Series B equity and a debt funding round. The investments were led by Abu Dhabi state holding company ADQ and Riyadh-based Saudi Technology Ventures,…

Asharq Al-Awsat · Feb 14, 2022

Saudi Arabia, Cyprus Discuss Joint Cooperation, Combating Terrorism

Cyprus' President Nicos Anastasiades held talks in Nicosia on Sunday with Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah. Discussions focused on cooperation between their countries and ways to develop it in all fields. They also tackled elevating relations to broader horizons in line with the Kingdom's Vision 2030…

Asharq Al-Awsat · Feb 14, 2022