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The Latest Breaking News from Riyadh

Boeing CEO to Asharq Al-Awsat: Aviation Industry Is Recovering, FII Came at an Important Time

President of Boeing International Sir Michael Arthur said that the aviation industry was recovering and in good condition, stressing its vitality for the global economy. Commenting on the Riyadh-hosted Future Investment Initiative (FII) forum, Arthur told Asharq Al-Awsatthat he was very impressed with the scope of the conference, which he…

Asharq Al-Awsat

Saudi Arabia, France to Cooperate on Clean Hydrogen, Renewable Energy

Saudi Energy Minister Prince Abdulaziz bin Salman bin Abdulaziz reiterated on Friday the need to increase the stability of the global oil market, during a video call with French Minister for Energy Transition, Agnes Pannier-Runacher. Saudi Arabia and France are seeking to increase cooperation in clean hydrogen and renewable energy.…

Asharq Al-Awsat

Riyadh Season 2022 Hosts Middle East’s Largest Anime Event

The Saudi Anime Exhibition, the largest anime expo in the Middle East and part of Riyadh Season 2022, kicked off in the Saudi capital on Thursday. The three-day celebration offers fans the chance to tour a world of Japanese anime with more than 30 pavilions featuring the most popular anime…

Asharq Al-Awsat

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FII Forum Session Calls for Transition to Resilient Economy to Face Challenges

The third and final day of the 6th edition of the Future Investment Initiative (FII) forum embarked on its activities with a session titled “Transforming Banking and Investment for the Resilient Economy.” The CEO of Saudi EXIM Bank Group, Saad bin Abdulaziz Al-Khalb, participated in the session, which was held…

Asharq Al-Awsat

Hong Kong finance chief stuck in Saudi Arabia after catching COVID

Hong Kong's Financial Secretary Paul Chan tested positive for COVID-19 during a visit to Saudi Arabia and will stay there for a "short while" to observe health requirements, the city's government said on Thursday.

Reuters

Saudi Arabia Warns against Upcoming Economic Pressure

As the ongoing Future Investment Initiative forum in Riyadh is discussing ways to address the turbulent conditions and the immediate economic pressures in the world, economy, trade, and investment ministers presented their ideas and strategies to adapt to the current global situation. - Proactive outlook Eng. Khalid Al-Falih, the Saudi…

Asharq Al-Awsat

Saudi Finance Minister Says Next Six Months ‘Very Good’ for Gulf

Saudi Finance Minister Mohammed al-Jadaan said on Wednesday the next six months, and possibly six years, would be "very good" for the Gulf Arab countries but "very difficult" for the wider Middle East. Speaking at Riyadh's Future Investment Initiative (FII) forum, he said the next six months would be difficult…

Asharq Al-Awsat

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Reema bint Bandar: Revision of Saudi-US Ties Is a Positive Thing

Saudi Ambassador to the United States Princess Reema bint Bandar underscored the strength of the ties between Riyadh and Washington, describing them as strategic and dating back 80 years. In an interview to CNN aired on Tuesday, she said the United States’ revision of bilateral relations between Riyadh and Washington…

Asharq Al-Awsat

Saudi Crown Prince Receives President of Senegal, Pakistan PM

Prince Mohammed bin Salman, Crown Prince and Prime Minister, held talks in Riyadh on Tuesday with President of Senegal Macky Sall. Talks focused on bilateral relations between their countries and opportunities for furthering cooperation. They also discussed several issues of common interest. Crown Prince Mohammed also received Prime Minister of…

Asharq Al-Awsat

Chaired by Crown Prince Mohammed, Saudi Govt Reviews Recent Foreign Policy Efforts

Prince Mohammed bin Salman, Crown Prince and Prime Minister, chaired on Tuesday a Saudi cabinet session that was held in Riyadh. The ministers tackled the Kingdom’s foreign policy efforts at various regional and international events in recent days. The efforts are aimed at addressing common challenges, most notably humanitarian and…

Asharq Al-Awsat

King Salman Arrives in Riyadh from Jeddah

Custodian of the Two Holy Mosques King Salman bin Abdulaziz arrived in Riyadh from Jeddah on Tuesday. He was received at King Khalid International Airport by Governor of the Riyadh Region Prince Faisal bin Bandar bin Abdulaziz and Deputy Governor Prince Mohammed bin Abdulrahman bin Abdulaziz. King Salman was seen…

Asharq Al-Awsat

Wall Street eager to strike deals with Saudi Arabia, despite political concerns

U.S. executives and billionaire investors are mingling and making deals at a conference nicknamed "Davos in the Desert," even as the White House reevaluates relations with Saudi Arabia.

WEKU

Saudi Energy Minister: Kingdom Is World’s Most Reliable Oil Supplier

Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman said on Tuesday that the Kingdom remained the world's most reliable oil supplier. The Kingdom had increased its sales to Europe to 950,000 barrels in September from 490,000 barrels the same time a year ago, he told the Future Initiative Investment (FII)…

Asharq Al-Awsat

FII’s Flagship Forum Kicks Off in Riyadh

Financial and investment leaders from around the world have gathered in Riyadh for the annual Future Investment Initiative (FII) forum, which will shed light on topics of international concern. More than 6,000 global business chiefs, policymakers, investors, and entrepreneurs will participate in the event themed “Investing in Humanity: Enabling a…

Asharq Al-Awsat

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Asharq Al-Awsat

'Lucid' Group Launches 1st Middle East Studio in Saudi Arabia

Lucid Group, setting new standards with the longest-range, fastest-charging electric car on the market, announced the opening of its first Studio in the Middle East in Riyadh. "The launch of our first Studio in the Middle East marks yet another step towards Lucid's mission to inspire the adoption of sustainable…

Foreign Affairs

The Saudis Need a Reality Check

Washington should pause arms sales to rein in Riyadh.

Al Jazeera

Analysis: The Russia-Ukraine war and the view from Saudi Arabia

Although cooperation with Moscow continued, kingdom also showed support for Kyiv as it sought role of useful mediator.

Asharq Al-Awsat

British Trade Commissioner: Saudi Arabia is the Largest Destination of UK Exports in the Region

Simon Penney, the British Trade Commissioner (HTMC) for the Middle East and Pakistan, said Saudi-British efforts were underway to increase and maximize partnerships and corporate business in various fields. He noted that Riyadh represented the largest destination for UK exports, with an increase of 24 percent over the last three…

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Asharq Al-Awsat

Arcapita Expands in Saudi Arabia, Forms Financial Firm

Arcapita Group Holdings, the global alternative investment firm, has formed Arcapita Capital Company, a new subsidiary licensed by the Capital Market Authority of Saudi Arabia with offices in Riyadh, as part of its strategic expansion. The formation of Arcapita Capital Company will enable the firm to participate in private equity…

Asharq Al-Awsat

Saudi Arabia, UN Official Discuss Lebanon

Saudi State Minister for Foreign Affairs Adel al-Jubeir held talk in Riyadh on Sunday with United Nations Special Coordinator for Lebanon Joanna Wronecka. The talks focused on cooperation between Saudi Arabia and the UN and the latest developments in Lebanon and the efforts exerted towards them. Wronecka also met with…

Asharq Al-Awsat

GCC Cybersecurity Ministerial Committee Holds First Meeting in Riyadh

The Gulf Cooperation Council (GCC) Cybersecurity Ministerial Committee held its first meeting at the headquarters of the GCC Secretariat General in Riyadh. The meeting was attended by the heads of specialized institutions in cybersecurity in GCC countries and GCC Secretary-General Dr. Nayef Al-Hajraf. Saudi Arabia was represented by the National…

Asharq Al-Awsat

GCC Health Ministers Inaugurate Gulf Center for Disease Prevention and Control

Gulf Cooperation Council (GCC) Health Ministers inaugurated on Saturday the "Gulf Center for Disease Prevention and Control" in Riyadh to strength coordination, build knowledge and produce evidence to enable the prevention of communicable and non-communicable diseases, mitigate public health emergencies, and promote healthy communities across the Gulf. The event was…

Asharq Al-Awsat

Anne Marie, Spectacular Drone Show Kick Off Riyadh Season 2022

With a spectacular drone show, the international Cirque du Soleil and a concert by British artist Anne Marie, the largest entertainment season in the Middle East and the Arab world kicked off on Friday in Riyadh. In its third edition, the Riyadh Season festival features a whopping 15 zones. The…

Asharq Al-Awsat

Victims of Mogadishu Terrorist Attack Arrive in Saudi Arabia for Treatment

A plane carrying six Somalis injured in a recent terrorist bombing that targeted a hotel in Mogadishu arrived on Friday at King Khalid International Airport in Riyadh, for treatment in the Kingdom. The move came in an implementation of the directives of the Custodian of the Two Holy Mosques, King…

Chronicle Live

Eddie Howe explains why Newcastle United are heading to Riyadh in December

Newcastle United boss Eddie Howe is eager for his team to bond during their visit to Saudi Arabia

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