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The Latest Breaking News from Riyadh

Saudi Deposit Promotes Stability of Egypt’s Foreign Exchange Market

With Saudi Arabia’s announcement of a $5 billion deposit with the Central Bank of Egypt on Wednesday, sources told Asharq Al-Awsat that this move would enhance the stability of the foreign exchange market and consolidate the Egyptian economy amid severe pressure on the Egyptian pound. In a statement published by…

Asharq Al-Awsat

Largest Yemeni Consultations Since Coup Kick Off in Riyadh

The intra-Yemeni consultations kicked off in Riyadh on Wednesday. The consultations, the largest since the coup by the Iran-backed Houthi militias in 2014, are being sponsored by the Gulf Cooperation Council (GCC). They are bringing together Yemenis from across the country to discuss peace and are set to conclude on…

Asharq Al-Awsat

Houthis Bar Politicians, Activists in Sanaa from Attending Riyadh Consultations

The Iran-backed Houthi militias in Yemen have barred politicians and activists in Sanaa from taking part in the Riyadh consultations. The intra-Yemeni consultations are set to kick off from the Saudi capital on Wednesday. They are being sponsored by the Gulf Cooperation Council (GCC) and held at its headquarters. Parties…

Asharq Al-Awsat

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Gulf-Sponsored Yemen Consultations Set to Kick Off in Riyadh

The intra-Yemeni consultations are set to kick off in the Saudi-capital Riyadh on Wednesday. Various Yemeni parties and figures are set to take part, while international and United Nations officials will also attend. The consultations are being sponsored by the Gulf Cooperation Council (GCC) and held at its Riyadh headquarters.…

Asharq Al-Awsat

Arab Coalition Suspends Military Operations in Yemen to Ensure Success of Consultations

The Joint Forces Command of the Saudi-led Arab coalition announced on Tuesday it was suspending military operations in Yemen, starting Wednesday morning, to ensure the success of the intra-Yemeni consultations that will kick off in Riyadh. Dr.

Asharq Al-Awsat

GCC Renews Call on Houthis to Attend Yemen Consultations

Secretary General of the Gulf Cooperation Council (GCC) Dr. Nayef Al-Hajraf renewed on Tuesday his call on the Iran-backed Houthi militias to attend the intra-Yemeni consultations. The consultations kicked off in Riyadh on Tuesday. All Yemeni parties have been invited to hold consultations with the aim of reaching peace and…

Asharq Al-Awsat

Saudi Arabia Stresses its Support to Ensure Success of Yemeni Consultations

The Saudi government underscored on Tuesday its support to ensuring the success of the intra-Yemeni consultations that kicked off in Riyadh on Tuesday. Custodian of the Two Holy Mosques King Salman bin Abdulaziz chaired the cabinet meeting that was held in Riyadh. The ministers hailed during the meeting the efforts…

Asharq Al-Awsat

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Gulf states hold Yemen talks despite boycott by Houthi rebels

Six nations including Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE are meeting in Riyadh

The Independent UK

Saudi Arabia Sees Growth in Entrepreneurs' Funds

Investment in Saudi Arabia has witnessed a qualitative leap in the stock market and a significant growth in entrepreneurs' funds, be it private or venture investment or startup funds, announced Chairman of the Capital Market Authority (CMA) Mohammed al-Kuwaiz. Speaking at a panel discussion at the Global Entrepreneurship Congress (GEC)…

Asharq Al-Awsat

Saudi Arabia Launches Campaign for Its Bid to Host Expo 2030 Riyadh

The Saudi capital Monday launched an ambitious global campaign for its bid to host the Expo 2030 Riyadh at a dazzling closing ceremony of the Kingdom’s pavilion at Expo 2020 Dubai. This campaign comes after Crown Prince Mohammad bin Salman having announced last October that Riyadh had submitted an official…

Asharq Al-Awsat

GEC Witnesses $8 Billion in Agreements, Investments to Support Saudi Entrepreneurship

The Global Entrepreneurship Congress (GEC), held in Riyadh, witnessed several agreements and investments worth almost $8 billion on its second day. The agreements aim to support entrepreneurship in various fields and enhance the Kingdom's position as an attractive environment for pioneers, innovators, and creators worldwide. Global Entrepreneurship Congress (GEC), launched…

Asharq Al-Awsat

Bin Aziz to Asharq Al-Awsat: We Have Faith in Our Gulf Brothers in Uniting Yemenis

Yemen's Chief of Staff Sagheer bin Aziz expressed on Monday his "faith" in the Gulf Cooperation Council (GCC) and its sincere efforts in uniting Yemeni ranks. The GCC will host in Riyadh on Tuesday intra-Yemeni consultations aimed at uniting Yemenis, mending rifts between them, supporting the legitimate government, bolstering state…

Asharq Al-Awsat

Saudi Arabia Aspires to Lead Global Entrepreneurship in Green Technologies, Nuclear Energy

The Global Entrepreneurship Congress (GEC) kicked off in Riyadh under the patronage of Crown Prince Mohammed bin Salman, Deputy Prime Minister and Chairman of the Council for Economic and Development Affairs, amid unanimous agreement that Saudi Arabia has become an ideal platform for launching entrepreneurs in all sectors. During the…

Asharq Al-Awsat

GCC: Yemenis Looking Forward to All Parties Joining Riyadh Consultations

The intra-Yemeni consultations are set to kick off on Tuesday with the aim of reaching a political solution to the crisis in Yemen.

Asharq Al-Awsat

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Bangkok Post

Seeking a fresh start

Two months have passed since Saudi Arabia and Thailand agreed to fully restore diplomatic ties, a move that followed Prime Minister Prayut Chan-o-cha's visit to Riyadh on Jan 25.

Asharq Al-Awsat

Int’l Exhibition in Riyadh for Construction, Building Solutions

In a step that enhances Saudi Arabia's economic, commercial and investment activities, Riyadh is preparing to host the “Big Five Saudi” exhibition for reviewing the latest technologies, innovations and sustainable solutions for construction and leading long-term partnerships. The Big 5 Saudi exhibition will be opened by Deputy Minister of Industry…

Asharq Al-Awsat

Saudi Defenses Destroy 9 Armed Drones Fired at Kingdom

The Saudi-led Arab coalition said on Friday that Saudi defenses shot down nine armed drones fired at the Kingdom. It said the aircraft were aimed at civilian locations and energy facilities. It accused the Iran-backed Houthi militias in Yemen of being behind the failed attack, blaming them for threatening regional…

Asharq Al-Awsat

UN Hopes for Success in Intra-Yemen Talks in Riyadh

Four days are left before intra-Yemeni talks kickstart under the auspices of the Gulf Cooperation Council (GCC) in Riyadh.

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Asharq Al-Awsat

Egypt, Saudi Arabia Agree to Boost Cooperation, Relations

Egypt and Saudi Arabia have agreed to work on boosting the mutual economic, social, humanitarian, and cultural relations during the coming period. The Egyptian Minister of Trade and Industry, Nevine Gamea, and Saudi Minister of Trade Majid bin Abdullah al-Qasabi chaired the first meeting of the working group to follow…

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 Arabia Urges Arab Countries to Join Anti-Corruption Network Effectively

The Riyadh Initiative (GlobE Network) seeks to achieve the common goals of Arab countries and the interests of developing countries in combating corruption, announced Nasser Abu al-Khail, Assistant Chairman of the Oversight and Anti-Corruption Authority (Nazaha). Aba al-Khail told Asharq Al-Awsat that the Initiative had entered into force after being…

Reuters

Riyadh gets U.S. military help as Washington seeks better ties

The United States has stepped up its military support for Saudi Arabia over the past few months following missile strikes on the kingdom by the Yemeni Houthi group, Western diplomats said, an indication that Washington is trying to mend its strained ties with traditional Gulf allies.

Asharq Al-Awsat

Aramco to Launch 65 New Projects in 2023

Major government and private entities reviewed their future projects worth billions of dollars to allow contractors to benefit from their implementation, coinciding with the 4th edition of the Future Projects Forum in Riyadh. The Saudi Contractors Authority, in partnership with several public and private entities, launched the Forum on Sunday,…

Asharq Al-Awsat

Gulf Official: Yemeni Talks to Include Individuals from All Governorates, Including Sanaa

Intra-Yemeni talks slotted for the end of March will include new individuals and figures from all northern and southern governorates, including Sanaa, a Gulf official told Asharq Al-Awsat. Last week, the Gulf Cooperation Council (GCC) announced that it will host Gulf-sponsored Yemeni consultations at the headquarters of its General Secretariat…

Asharq Al-Awsat

King Salman Receives Head of Sudan Sovereign Council

Custodian of the Two Holy Mosques King Salman bin Abdulaziz received in Riyadh on Monday head of the Sudanese transitional Sovereign Council Abdul Fattah al-Burhan. King Salman threw a dinner banquet in honor of his guest and his accompanying delegation. Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister…

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