The Latest Breaking News from Riyadh

The sixth edition of the Future Investment Initiative (FII) conference will be held in Riyadh on Oct. 25-27, under the slogan “Investing in Humanity - Enabling a New World Order”. Over 6,000 CEOs, policymakers, investors, entrepreneurs, Nobel Prize laureates and young leaders from across the globe are expected to attend…

Saudi Arabia and Yemen are strengthening investment and economic cooperation by building partnerships between their private sectors to seize available opportunities. This affirms Riyadh’s commitment to development and economic projects in Yemen. The Federation of Saudi Chambers announced on Monday accrediting the final formation of the Saudi-Yemeni Business Council for…

Saudi Arabia and South Africa issued a statement after President Cyril Ramaphosa visited Riyadh, confirming the strength of bilateral relations and the importance of boosting joint action. Ramaphosa began Friday a visit to the Kingdom at the invitation of Custodian of the Two Holy Mosques King Salman bin Abdulaziz. The…

Custodian of the Two Holy Mosques King Salman bin Abdulaziz and Prince Mohammed bin Salman, Crown Prince and Prime Minister, received on Monday messages from Morocco’s King Mohammed VI. The messages tackled the close bilateral relations between the kingdoms and ways to bolster them in various fields. The messages were…

Egypt stressed on Monday its support to Saudi Arabia’s position on the recent OPEC+ decision, reported the Saudi Press Agency. The Egyptian Foreign Ministry said it was following closely and with interest the reactions to the decision. It added that Cairo support Riyadh's position in explaining the technical considerations of…

Supporting the Kingdom’s ambitions for becoming a global destination for logistics services, the Supply Chain Conference held in Riyadh witnessed the signing of ten agreements that bolster the position of Saudi supply chains in the face of geopolitical challenges. Moreover, Saudi Arabia announced inaugurating 59 logistic zones to bolster supply…

OPEC+ member states lined up on Sunday to endorse the production cut agreed this month after the US had accused Riyadh of coercing some other nations into supporting the move. Algeria's Energy Minister Mohamed Arkab called the decision “historic” and expressed his full confidence in it, Algeria's Ennahar TV reported.…

Riyadh is scheduled to host on Tuesday the third edition of the Gulf Entrepreneurs Forum, organized by the Small and Medium Enterprises General Authority (Monshaat). The forum will be held under the patronage of Saudi Minister of Commerce Dr.

Saudi Arabia’s rejection of the negative statements against it in wake of the OPEC+ decision was welcomed by Arab and Islamic leaders. The officials expressed their solidarity with Saudi Arabia and strong condemnation of the statements and campaigns against Riyadh. On Thursday, an official source at the Saudi Foreign Ministry…

United States envoy to Yemen, Tim Lenderking kicked off his new tour of the region in Riyadh where he held talks with Chairman of the Yemeni Presidential Leadership Council Dr. Rashad Al-Alimi. Lenderking is in the region to garner support for the extension of the nationwide truce in the war-torn…

BEIRUT — The spat between the United States and Saudi Arabia and its fellow OPEC members over the management of petroleum supplies intensified Thursday when Riyadh accused Washington of “politicizing oil” and declared it would not submit to “dictates” from supposedly friendly countries.