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The Latest Breaking News from Saudi Arabia

Saudi Arabia will invest 300 billion baht in various industries, including tourism, energy and medical care, next year, according to a government spokesman.

Bangkok Post

House GOP announces investigation into reports of ‘secret’ Saudi oil production deal

WASHINGTON — House Republicans announced a probe into reports of a failed “secret deal to boost oil production” between Biden administration officials and Saudi Arabia, as the party prepares to take majority control of the chamber next year.

Tribune News Service

Saudi Exchange Launches Market-Making Framework

Saudi Arabia's stock exchange said on Sunday it was launching a market-making framework for its stock and derivatives markets to help ensure liquidity and raise price-determination efficiency. Entities must be exchange members, derivatives exchange members or their clients to be market makers. "Market Makers have to ensure the availability of…

Asharq Al-Awsat

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Saudi prince seeks Mideast leadership, independence with Xi's visit

Crown Prince Mohammed bin Salman hosts China's leader this week at a delicate moment in U.S.-Saudi ties, signalling Riyadh's resolve to navigate a polarised global order regardless of the wishes of its Western allies, analysts said.

Reuters

Odion Ighalo predicts next move for Cristiano Ronaldo after Manchester United exit

Former Manchester United striker Odion Ighalo wants Cristiano Ronaldo to join a Saudi Arabian club, as speculation over the Portuguese’s future ramps up a notch.

Evening Standard

Newcastle United 'mini pre-season' starts in Riyadh with team spirit better than ever

The Magpies have a week in Saudi Arabia ahead of them with Eddie Howe knowing he could not ask for more in terms of team spirit

Chronicle Live

World Cup 2022 has a winner, say women football fans: safety

Female fans from Brazil to Colombia and Ethiopia to Saudi Arabia say they’re enjoying late-night games, safe and secure.

Al Jazeera

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Half a million Ethiopian migrants have been deported from Saudi Arabia in 5 years - what they go through

Tens of thousands of migrant Ethiopian workers have been forcibly repatriated from Saudi Arabia each year since the early 2010s. Although this is carried out as part of a crackdown on illegal migrant workers, legally documented workers have frequently been caught in the dragnet. Another 102,000 Ethiopian citizens will soon…

The Conversation

Saudi Arabia Launches Largest Forum to Promote Development Investment

The Aseer Investment Forum kicked off on Saturday in southern Saudi Arabia, to promote investments and highlight the opportunities available in this particular Saudi region, which the government seeks to turn into one of the prominent tourism destinations on the global map. The Public Investment Fund (PIF) had announced the…

Asharq Al-Awsat

Remarkable reality of Newcastle United's season as they head off to Saudi Arabia in great shape

The Magpies will fly to Riyadh in contention for a European place

Chronicle Live

A FIFA World Cup group stage like no other

The first World Cup hosted by an Arab nation has seen two weeks of heady drama. It has been a daily rollercoaster of shocks and head-spinning climaxes.

The Times of India

Lisbon, Riyadh to Promote Integrated Tourism Sector Partnership

Rita Marques, secretary of state for Tourism of Portugal, revealed that her country is eyeing the conclusion of an agreement with Saudi Arabia in the field of international air transport soon. Marques pointed out that her participation at the World Travel & Tourism Council (WTTC) Global Summit, which was recently…

Asharq Al-Awsat

Saudi Arabia Extends $3 Bln Deposit Term to Pakistan

Saudi Arabia on Friday extended the term of a $3 billion deposit it made to Pakistan’s foreign reserves, as directed by Saudi King Salman bin Abdulaziz and the Crown Prince. Saudi Arabia deposited the money in Pakistan's central bank late last year as a loan to shore up the cash-strapped…

Asharq Al-Awsat

Taj signs its 250th property; to open in Saudi’s Diriyah near Riyadh

NEW DELHI: Taj Hotels has signed its 250th property with that landmark unit going to open in Saudi Arabia’s Diriyah, near Riyadh. Taj parent Indian Hotels Company Ltd (IHCL) has the highest number of hotels in India. It now has five hotels in the Middle East, including two under development.

The Times of India

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Asharq Al-Awsat

Saudi Arabia’s PIF Establishes Aseer Investment Company

The Saudi Public Investment Fund announced on Thursday the establishment of Aseer Investment Company (AIC) to operate as its investment arm in the Aseer region, south of Saudi Arabia. The new company will promote and stimulate local and foreign direct investment to develop and transform the region into a year-round…

Asharq Al-Awsat

7.3 Billion Tons of Potential Phosphate Reserves in Saudi Arabia

The world will need to increase the production of some types of minerals by 500% to meet the future demand for clean energy, according to Saudi Vice Minister of Industry and Mineral Resources for Mining Affairs Khalid Saleh Al-Mudaifer. Saudi Arabia has become one of the most prominent countries in…

Al Jazeera

‘Relish this moment, forget about the war’: Yemenis on World Cup

For some in the Yemeni capital, the tournament provides a welcome break from discussions about the continuing conflict.

Foreign Affairs

How to End Yemen’s Forever War

Washington can help broker a lasting peace.

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The Guardian - UK

Saudi film festival claim of ‘zero censorship’ fails to win over critics

Organisers say accusation Red Sea event is a ‘reputation laundering tool’ for Riyadh smacks of western hypocrisy

The Times of India

FIFA World Cup 2022: Mexico win but lose, Poland lose but win

By James Wagner

Daily Mirror

Cristiano Ronaldo transfer tug of war emerges as second club prepare lucrative bid

Cristiano Ronaldo is a free agent after leaving Manchester United and he now has two offers on the table from the biggest clubs in Saudi Arabia's capital of Riyadh

The Guardian - UK

‘Don’t get cards’: How Poland’s strange World Cup progression played out

Poland lived dangerously before they qualified for the last 16 and accept improvement is needed against France

Asharq Al-Awsat

PIF Secures Record-Breaking $17bn Senior Unsecured Term Loan

Badeel has announced a partnership to establish the largest solar photovoltaic plant in the region, while Saudi Arabia’s Public Investment Fund (PIF) announced that it has secured a $17 billion seven-year senior unsecured term loan (63.7 billion Saudi riyals). The loan is the largest-of-its-kind general corporate-purpose loan worldwide. While the…

Asharq Al-Awsat

WTTC Summit Launches From Riyadh Global Tourism Index for Innovation, Future Sustainability

The 22nd Global Summit of the World Travel and Tourism Council (WTTC) concluded its work in Riyadh on Wednesday, with an initiative to launch a global tourism index for innovation and future sustainability. Meanwhile, Saudi Tourism Minister Ahmed Al-Khatib pointed to the importance of Saudi Arabia on the map of…

Evening Standard

Cristiano Ronaldo ‘agrees £432m contract’ to join Saudi Arabia side Al Nassr after World Cup

Cristiano Ronaldo has agreed a €500 million (£432m) contract to join a new club after the World Cup, according to multiple reports.

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