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The Latest Breaking News from Saudi Arabia

Saudi Arabia, Russia, Gulf, Arab Countries Announce Voluntary Oil Output Cuts

Saudi Arabia and other OPEC+ oil producers on Sunday announced voluntary cuts to their production, with Riyadh saying it would cut output by 500,000 barrels per day (bpd) from May until the end of 2023, state media reported. Russia's deputy prime minister also said Moscow would extend a voluntary cut…

Asharq Al-Awsat

Saudi Arabia to invite Syria's Assad to Arab leaders summit

Saudi Arabia is planning to invite Syrian President Bashar al-Assad to an Arab League summit that Riyadh is hosting in May, three sources familiar with the plans said, a move that would formally end Syria's regional isolation.

Reuters

Saudi Fintech Sector Sees Unprecedented Growth

A report by the Washington-based Saudi-American Business Council pointed to an “unprecedented” growth in the field of startup investments. Saudi Arabia has one of the most developed financial services sectors in the Middle East and North Africa region. The report indicated that during August 2022, the Kingdom witnessed a 79…

Asharq Al-Awsat

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Deputy Minister to Asharq Al-Awsat: Number of Hajj Pilgrims Will Match Figures Reached 4 Years Ago

Saudi Deputy Minister of Hajj and Umrah Dr. Abdulfattah al-Mashat predicted that this year’s Hajj will attract the same number of pilgrims as four years ago. In remarks to Asharq Al-Awsat, he said over 2.4 million pilgrims performed the Hajj four years ago. Breaking down the figure, he revealed that…

Asharq Al-Awsat

Lionel Messi transfer: Barcelona contact, PSG threats and Cristiano Ronaldo proposal

Lionel Messi faces an uncertain future with offers from Barcelona and Saudi Arabian club Al-Hilal alongside the option of renewing his contract at Paris Saint-Germain

Daily Mirror

Russell: Mercedes to "go for it" attempting to beat Verstappen in Australian GP

Russell ended up just 0.236s behind Verstappen in Q3 at Albert Park, with his team-mate Lewis Hamilton third in the sister Mercedes, a somewhat surprise result for the Black Arrows squad after its difficult start to the new campaign and having been 0.6s off the pace in both Bahrain and Saudi…

Autosport

Saudi to Identify Challenges Facing Construction Permits for Commercial Buildings

Efforts are underway to identify the challenges related to obtaining construction permits for commercial buildings in Saudi Arabia. Proposed solutions are being developed and shared with the Ministry of Municipal, Rural Affairs, and Housing, in anticipation of presenting the final plan at the periodic meeting of the Executive Committee for…

Asharq Al-Awsat

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Russell: Mercedes F1 will "go for it" to beat Verstappen in Australian GP

Russell ended up just 0.236s behind Verstappen in Q3 at Albert Park, with his team-mate Lewis Hamilton third in the second Mercedes, a somewhat surprise result for the Black Arrows squad after its difficult start to the new campaign and having been 0.6s off the pace in both Bahrain and…

Motorsport

Saudi Arabia Among Top Donors Responding to Turkiye Earthquakes

Saudi Arabia has been named one of the largest donors of humanitarian aid to Turkiye following the recent earthquakes. In a statement, the UN Office for Humanitarian Affairs (OCHA) thanked donors who contributed $268 million in response to the US$1 billion humanitarian funding appeal for Turkiye following the earthquakes. OCHA…

Asharq Al-Awsat

How men's golf has been shaken by Saudi Arabia's billion-dollar drive for legitimacy

The first major tournament of 2023 in men’s professional golf could be a particularly tense affair. The Masters, held every April in the US city of Augusta (Georgia), sees the world’s finest players compete for a prize purse of around US$15 million (£12.1m), as well as the famous green jacket…

The Conversation

Anthony Joshua at career-heaviest for comeback fight as Jermaine Franklin sheds the pounds

AJ tips the scales 11lbs heavier than for his rematch defeat by Oleksandr Usyk in Saudi Arabia

Evening Standard

Oleksandr Usyk was willing to accept $40million pay cut for Tyson Fury fight

Unified world heavyweight champion Usyk had agreed to a monster $60million deal for a fight with Fury in Saudi Arabia, but would have taken considerably less for a bout in the UK

Daily Mirror

Saudi Unemployment Hits Record Low, Approaches ‘Vision 2030’ Target

In the last quarter of 2022, the unemployment rates in Saudi Arabia hit a historical low of 8%, which is only one percentage point away from the targeted rate of 7% specified in the country's national transformation plan, “Vision 2030.” The decrease in joblessness in the Kingdom can be attributed…

Asharq Al-Awsat

UNHCR Underlines Strategic Partnership with Saudi Arabia

Director of Private Partnerships and Philanthropy at the United Nations High Commissioner for Refugees Roaa Fathi has emphasized that Saudi Arabia is a significant partner of UNHCR in all its relief efforts through the generous financial donations to refugees around the world. Fathi commended the humanitarian role of the Kingdom,…

Asharq Al-Awsat

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Asharq Al-Awsat

Verstappen Sets Early Pace in 1st Practice at Australian GP

In a dramatic opening practice that was halted by a red flag twice due to on-track issues, Max Verstappen and Sergio Perez were among the drivers to experience difficulties on the Albert Park circuit on Friday. Verstappen, who said illness left him “physically limited” when finishing second behind teammate Sergio…

The Independent UK

Football rumours: Could Lionel Messi land in Saudi Arabia?

Messi’s stalled contract talks at PSG could open the door to a move.

Asharq Al-Awsat

Regional Settlement Encourages Iraq PM to Rein in Factions

The agreement between Saudi Arabia and Iran to restore diplomatic relations is expected to have an impact on Iraq and its various factions. Political circles are waiting to see what that impact will be, while head of the Sadrist movement, cleric Moqtada al-Sadr awaits the right opportunity to declare that…

USA Today Sports Media Group

Jose Aldo: Floyd Mayweather boxing match ‘could go down in Saudi Arabia’

Former UFC champ Jose Aldo says he's been in negotiations to box Floyd Mayweather after his Gamebred Boxing 4 fight with Jeremy Stephens.

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The Independent UK

Herve Renard named France coach ahead of Women’s World Cup

Renard resigned as coach of the Saudi Arabia men’s team in order to take the position

Daily Mirror

Lionel Messi offered tempting Cristiano Ronaldo transfer proposal after dad's Saudi trip

Lionel Messi is out of contract at Paris Saint-Germain this summer and he has received a transfer proposal from Saudi Arabia that would surpass Cristiano Ronaldo's salary

Daily Mirror

Young man stuck on death row since he was 14-years-old for crime he didn't commit

Saudi Arabian national Abdullah al-Howaiti, who is now 20, was 14-years-old when he was arrested in connection to a £165,000 jewelery shop raid - but CCTV footage showed him playing football at the time of the heist

Daily Mirror

Lionel Messi and Sergio Ramos 'set for PSG exits' amid contract dispute and Saudi offers

Lionel Messi and Sergio Ramos are both out of contract at Paris Saint-Germain this summer and both are now weighing up offers from Saudi Arabia amid PSG budget cuts

Asharq Al-Awsat

Saudi Arabia Raises Minimum Limit for Entities Reporting Economic Concentration

The Saudi government has raised the minimum limit of annual sales at which entities should notify the authority of economic concentration transactions to SAR 200 million ($53.3 million) from SAR 100 million ($26.6 million). The decision was based on the annual review made by the General Authority for Competition (GAC),…

Autosport

Martin Whitaker: From working with Senna to running the Saudi Arabian GP

The man who heads race promoter Saudi Motorsport Company, and who is largely responsible for the success of the event, is Briton Martin Whitaker.

Daily Mirror

Karun Chandhok "concerned" for Lewis Hamilton as ex-F1 star makes George Russell point

Russell beat his Mercedes team-mate Hamilton last time out at the Saudi Arabian Grand Prix and, on the eve of the race weekend in Australia, Chandhok thinks a repeat could be on the cards

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