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The Latest Breaking News from Kingdom

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.

Asharq Al-Awsat

Al-Burhan: I Broke The ‘Three No’s’ In the Interest of My Country, No Secret Visits to Tel Aviv

General Abdel Fattah Abdelrahman al-Burhan, chairman of the Sudanese Transitional Sovereignty Council, revealed that there is a major Saudi investment initiative for which Sudan is preparing the right environment to accommodate. “The Kingdom is always ready to invest in Sudan,” al-Burhan told Asharq Al-Awsat in Riyadh. “Sudan is only required…

Asharq Al-Awsat

Saudi Defenses Shoot Down Ballistic Missile Fired at Jizan

The Saudi-led Arab coalition said on Tuesday the Kingdom's defenses shot down a ballistic missile fired towards its southwestern Jizan region. The coalition said the escalation by Iran-backed Houthi militias in Yemen is aimed at scuttling the intra-Yemeni consultations that have been proposed by the Gulf Cooperation Council. The talks…

Asharq Al-Awsat

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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.

Asharq Al-Awsat

Fears Emerge over Worsening Global Oil Prices

Saudi Arabia announced Monday that it would not bear responsibility for global oil shortages following attacks by Iran-backed Houthi militias affected the Kingdom’s production. In a statement on Monday, the Saudi Foreign Ministry has called on the international community to assume its responsibility to preserve energy supplies, in order to…

Asharq Al-Awsat

Mikati: We Won’t Allow Harm to Security of Saudi Arabia or Gulf States

Lebanon’s Prime Minister Najib Mikati underlined the government’s commitment to restore normal relations with the Gulf Cooperation Council countries, stressing that the phone call with the Kuwaiti Minister of Foreign Affairs, Sheikh Ahmad Nasser Al-Mohammad Al Sabah, “falls within this framework.” In a statement on Monday, Mikati said: “I renew…

Asharq Al-Awsat

Saudi Arabia to Welcome 400,000 Umrah Pilgrims During Ramadan

Saudi Deputy Minister of Hajj and Umrah Dr. Abdulfattah Mashat revealed that some 400,000 pilgrims are expected to perform the Umrah during the holy fasting month of Ramadan, which begins in early April. In remarks to Asharq Al-Awsat, he said: "The Umrah is open. There is no limit to how…

Asharq Al-Awsat

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Saudi Arabia’s Projects Reach $5 Trillion in 5 Years

Hamad Al-Hammad, the head the Federation of Saudi Chambers’ national contracting committee, announced that the value of development projects in various regions of the Kingdom during the past five years exceeded $5 trillion. His comments came on the sidelines of the Future Projects Forum 2022, which was inaugurated on Sunday…

Asharq Al-Awsat

3 Messages from Coalition after Houthi Attacks on Saudi Arabia

The Saudi-led Arab coalition emerged with three messages in wake of the string of attacks carried out over the past two days by the Iran-backed Houthi militias in Yemen against civilian locations and vital facilities in the Kingdom. The first was its underscoring of restraint to ensure the success of…

Asharq Al-Awsat

Arab Coalition Destroys Hostile Aerial Target Aimed at Jeddah

The Saudi-led Arab coalition said on Sunday it had destroyed a hostile aerial target flown towards the Kingdom's western coastal city of Jeddah. The coalition added that it supported the Gulf and international positions to ensure the success of the upcoming Yemeni consultations set for Riyadh. It urged restraint so…

Asharq Al-Awsat

Demand for Goods Rise in Saudi Arabia as Ramadan Looms

The local Saudi market is witnessing a growth in commercial activity and an increase in demand for food and consumer goods, informed sources told Asharq Al-Awsat. The hike in demand coincides with the advent of Islam’s holy month of fasting, Ramadan. For Saudi merchants and importers, Ramadan is one of…

Asharq Al-Awsat

Saudi Energy Ministry Condemns 'Terrorist' Drone Assaults on Kingdom's Facilities

An official spokesman at the Saudi Ministry of Energy said that on Saturday at around 11:30 pm, a drone assault was carried out against the petroleum products distribution terminal in Jizan in southeastern Saudi Arabia. Two additional drone attacks were carried out on Sunday at around 5:30 am against Yanbu’s…

Asharq Al-Awsat

Houthi Attacks against Saudi Arabia Are Widely Condemned

Several Arab countries and Islamic organizations condemned on Sunday the Iran-backed Houthi militias in Yemen for attacking civilian facilities in Saudi Arabia. The Saudi-led Arab coalition announced on Saturday that it had destroyed four armed drones fired by the militias towards the southern region of the Kingdom. It revealed that…

Asharq Al-Awsat

Saudi Arabia Concludes Participation in Red Flag 2022 Drills in US

The Saudi Royal Air Force concluded on Saturday its participation in the Red Flag 2022 drills held at the Nellis Air Force Base in Nevada, the United States. The ten-day drills had kicked off on March 8 with the participation of several countries. They were trained on several combat scenarios…

Asharq Al-Awsat

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Asharq Al-Awsat

Arab Coalition Thwarts Houthi Attempts to Target Civilian, Economic Facilities in Saudi Arabia

The Saudi-led Arab coalition announced on Saturday that it had destroyed four armed drones fired by the Iran-backed Houthi militias in Yemen towards the southern region of the Kingdom. It revealed that the attack targeted a desalination plant in al-Shuqaiq and an Aramco facility in Jazan. The coalition also announced…

Asharq Al-Awsat

Saudi Foreign Minister Meets Special Envoy for Ukraine's President

Saudi Foreign Minister Prince Faisal bin Farhan Al Saud met Bektum Rostam, a special envoy for Ukraine's president in Riyadh, Saudi state news agency (SPA) reported on Saturday. The two discussed the crisis in Ukraine, emphasizing the Kingdom's support for reducing escalation, protecting civilians and seeking negotiated political solutions and…

Asharq Al-Awsat

Al-Shouna Fortress Discovery Boosts Jeddah, Saudi Arabia’s Historical Value

Saudi Arabia unveiled on Thursday one of the most important archaeological discoveries in the city of Jeddah, in the western part of the Kingdom. Al-Shouna Fortress - the most important waterfront of the city 500 years ago - was unearthed after the removal of slum areas and randomly built tenements…

Asharq Al-Awsat

Ministry of Investment Signs MOU with Amazon Saudi Arabia

The Saudi Ministry of Investment (MISA) announced Saturday that it has signed a Memorandum of Understanding (MoU) with Amazon Saudi Arabia to create a dynamic business environment for growth opportunities for small and medium enterprises across the Kingdom. MISA and Amazon will form a joint committee to explore reforms across…

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Asharq Al-Awsat

Saudi Arabia Denies Reports of Blinken Visit

The Saudi Foreign Ministry denied media reports that US Secretary of State Antony Blinken would visit the Kingdom in the near future, state news agency (SPA) reported on Saturday. “The Ministry of Foreign Affairs denied reports circulated in the media and attributed to an official source in the ministry regarding…

Belfast Live

What channel is Down vs Kerry on? TV and live stream info for Saturday's game

Ronan Sheehan's men take on the Kingdom bidding to book their place in the Division 2A final

Asharq Al-Awsat

Musical Evenings, Theatrical Performances and International Operas at Riyadh Front

Within an initiative by the Saudi Ministry of Culture, the Riyadh Front is hosting musical evenings and theatrical and opera performances, featuring a number of contemporary artists and unique creative experiences. The ministry is organizing a variety of artistic and musical events and cultural activities, from March 20-31, under the…

Asharq Al-Awsat

Saudi Arabia Adopts Measures to Strengthen Food Security

The Saudi Agriculture Development Fund has approved several loans, worth over SR861 million ($229 million), to finance working capital for the import of agricultural products, within endeavors to strengthen food security in the Kingdom. The Fund’s Vice Chairman and General Manager, Munir bin Fahd Al-Sahli, stated that the approval of…

Reuters

Saudi Arabia looks forward to welcoming Blinken in near future - ministry

Saudi Arabia looks forward to welcoming U.S. Secretary of State Antony Blinken in the near future to strengthen ongoing "positive" discussions, though no meeting has been scheduled yet in Riyadh, an official from the Kingdom's foreign ministry said on Friday.

Asharq Al-Awsat

Saudi Crown Prince Stresses Importance of Maintaining OPEC+ Agreement

Saudi Arabia’s Crown Prince Mohammed bin Salman stressed the importance of maintaining the OPEC+ agreement and the kingdom’s keenness on keeping oil markets balanced and stable. This came during a phone call he held Thursday with the Japanese prime minister, Fumio Kishida. During the call, they discussed potential opportunities for…

Asharq Al-Awsat

Saudi GDP Registers Highest Growth Since 2012

The Saudi General Authority for Statistics (GASTAT) said on Wednesday that the Kingdom’s gross domestic product rose by 6.7 percent in the fourth quarter of 2021, while growth across the whole year increased by 3.2 percent, the highest jump achieved in nearly a decade. The growth was to a large…

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