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The Latest Breaking News from Saudi Arabia

McDonald’s and Chuck E Cheese tied to alleged foreign worker exploitation

Workers contracted to work for western brands in Saudi Arabia have described conditions as ‘like jail’

The Guardian - US

Saudi Arabia formally informs FIFA of wish to host 2034 World Cup

The Saudi Arabian football federation said it “submitted a letter of intent and signed declaration to FIFA to bid” in a vote that is open only to members of the Asian and Oceania football governing bodies.

The Hindu

Saudi media, officials revert to familiar positions on Israel as regional tensions heat up—but that doesn’t mean a deal is dead in the water

“It is time for the world to double down,” said the Arab News. “Easier said than done? Perhaps, but at least Saudi Arabia can say it tried its best.”

Fortune

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Potentially historic deal to normalize Saudi-Israel relations is ‘off the table’ after this weekend’s 9/11-scale attack, top political analyst says

Israel and Saudi Arabia had been on the brink of a historic deal, which will now likely be put on hold.

Fortune

No evidence yet of Iran link to Hamas attack, says Israeli military

Iran has issued denials and US has said it has no direct knowledge of Iran being behind attack

The Guardian - UK

Saudi Arabia bid for 2034 World Cup strengthened after Australia and New Zealand hit hurdle

With six hosts for the 2030 World Cup, led by Spain, Portugal and Morocco, but also including Uruguay, Argentina and Paraguay, Saudi Arabia’s only competition comes from Oceania

The Independent UK

Saudi Arabia formally informs FIFA of its wish to host the 2034 World Cup as the favorite to win

Saudi Arabia has formally informed FIFA of its wish to host the men’s World Cup in 2034 in a bidding contest that increasingly looks designed for the oil-rich kingdom to win

The Independent UK

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War in Israel reinforces why most CEOs say 'geopolitics' is their biggest threat

Hamas attacks likely mean an end to a deal between Israel and Saudi Arabia, Eurasia Group head Ian Bremmer says.

Fortune

Tuk-tuk drivers arrested for assault on tourist

Three tuk-tuk drivers were arrested on Monday after a tourist from Saudi Arabia was assaulted outside a Phuket hotel on Sunday.

Bangkok Post

US to hike military aid, send military ships and aircraft closer to Israel

Hamas has labelled the US announcement to send warships closer to Israel as ‘aggression’ against Palestinians.

Al Jazeera

Hamas attack has abruptly altered the picture for Middle East diplomacy

Iran wants to make it impossible for Saudi Arabia to strike deal with Israel, while others in region cannot afford mayhem in Gaza

The Guardian - UK

Israel-Hamas war: what has happened and what has caused the conflict?

Offensive launched from Gaza represents a major failure of Israeli intelligence and is likely to have long-lasting repercussions

The Guardian - UK

Senate Democrats Urge Preconditions For Jerusalem And Riyadh Normalization

Group calls for Israel to halt housing construction, dismantle outposts, and ensure Palestinian rights

Zenger

Biden accused of betrayal of Khashoggi over push to deepen Saudi ties

Activists and Democrats condemn rapprochement – aimed at heading off China – with ‘autocratic, sociopathic government’

The Guardian - US

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Zenger

Historic Torah Scroll Displayed At Riyadh Book Fair In Israel-Saudi Détente

Rare 16th-century manuscript highlights growing ecumenicalism between former adversaries.

Barchart

Crude Closes Higher on Dollar Weakness and Energy Demand Optimism

November WTI crude oil (CLX23 ) on Friday closed up +0.48 (+0.58%), and Nov RBOB gasoline (RBX23 ) closed up +0.32 (+0.15%). Nov WTI crude oil and gasoline prices Friday posted moderate gains. Bullish factors included a weaker dollar and the outlook for global crude supplies to remain tight. Also,...

Barchart

Crude Gains on Strength in Global Economic News that Supports Energy Demand

November WTI crude oil (CLX23 ) this morning is up +0.41 (+0.50%), and Nov RBOB gasoline (RBX23 ) is up +1.49 (+0.68%). Nov WTI crude oil and gasoline prices this morning are moderately higher. A weaker dollar today supports energy prices, as does the outlook for global crude supplies to...

The Independent UK

Fifa clears the way for Saudi Arabia to host 2034 World Cup

The decision to hold a six-country, three-continent World Cup in 2030 leaves Saudi Arabia in pole position for 2034 and time is running out for alternative bids

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The Independent UK

Jordan Henderson plays the tool on road to Saudi Arabia’s inevitable World Cup

Everything is falling into place for Saudi Arabia to host the 2034 World Cup, and Henderson was among the Saudi Pro League stars cheering the news

Evening Standard

Zlatan Ibrahimovic questions footballers finishing career in Saudi Arabia

Veteran striker reveals Pro League offers but wanted to go out on the “big stage”

Zenger

Israeli Minister Of Communications Breaks Barriers With Speech In Saudi Arabia

Israeli Minister of Communications delivers historic speech in Saudi Arabia, signaling closer ties

Zenger

Former Boxing Champion Mike Tyson Joins Ngannou’s Coaching Team For Tyson Fury Fight

Tyson brings his experience and boxing IQ to help Ngannou prepare for the epic showdown in Saudi Arabia.

Barchart

Crude Prices Tumble on Global Energy Demand Concerns

November WTI crude oil (CLX23 ) on Thursday closed down -1.91 (-2.27%), and Nov RBOB gasoline (RBX23 ) closed down -0.90 (-0.41%). Nov WTI crude oil and gasoline prices on Thursday extended Wednesday's sharp losses, with crude falling to a 5-week low and gasoline dropping to a 9-1/2 month low....

The Independent UK

Saudi Arabia in lead and maybe all alone in race shaped by FIFA to host soccer's 2034 World Cup

If Saudi Arabia could have designed a process for choosing future World Cup hosts, it might look similar to what FIFA has unveiled for the 2030 and 2034 men’s soccer tournaments

Barchart

Crude Prices Weaken Further on Global Energy Demand Concerns

November WTI crude oil (CLX23) this morning is down -1.04 (-1.231%), and Nov RBOB gasoline (RBX23) is down -0.70 (-0.32%). Nov WTI crude oil and gasoline prices this morning extended Wednesday's sharp losses, with crude falling to a 5-week low and gasoline dropping to a 9-1/2 month low. Crude prices...

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