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The Latest Breaking News from Saudi Arabia

Saudi PIF Establishes Regional Voluntary Carbon Market Company

The Public Investment Fund (PIF) announced the establishment of the Regional Voluntary Carbon Market Company, where PIF holds an 80% stake and Saudi Tadawul Group Holding Company holds a 20% stake in the company.

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…

Asharq Al-Awsat

PIF Launches Halal Products Development Company

The Public Investment Fund (PIF) announced the launch of the Halal Products Development Company, which will invest in localizing the Halal production industry in Saudi Arabia by increasing the efficiency of the ecosystem locally. The company will also support the development of knowledge and innovation in this key industry, with…

Asharq Al-Awsat

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Australian Lamb Company sold to Minerva Foods Australia in $400 million deal

The owner of Colac's meat processing plant — one of the city's biggest employers — has sold to a Saudi and Brazilian joint venture company.

ABC News

The Saudis Need a Reality Check

Washington should pause arms sales to rein in Riyadh.

Foreign Affairs

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.

Al Jazeera

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…

Asharq Al-Awsat

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Saudi Arabia’s foreign minister to attend Arab League Summit

Prince Faisal bin Farhan will represent the crown prince, who was advised by doctors to avoid travel.

Al Jazeera

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

Showdown as Saudi crown prince aims to dodge lawsuit over Khashoggi murder

Decision on whether US lawsuit can proceed hinges on complex question of whether heir to Saudi throne has sovereign immunity

The Guardian - US

Saudi Arabia Supports UNRWA with $27 Million

Saudi Arabia has announced a contribution of $27 million to the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA), during a press conference held in Amman on Sunday. Saudi Ambassador to Jordan Nayef Al-Sudairy handed the Commissioner-General of UNRWA, Philippe Lazzarini, a check for…

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

Biden adviser says OPEC+ output cut was mainly political move

President Joe Biden’s top energy adviser said the oil output cut by Saudi Arabia and its allies was a largely political move that won’t deter the U.S. administration from trying to curb domestic energy prices.

Tribune News Service

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

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Asharq Al-Awsat

Saudi Crown Prince Launches ‘Global Supply Chain Resilience Initiative’

Prince Mohammed bin Salman, Crown Prince, Prime Minister and Chairman of the Council for Economic and Development Affairs, announced on Sunday the launch of the Global Supply Chain Resilience Initiative (GSCRI). The GSCRI aims to make Saudi Arabia a location of choice for leading global industrial companies looking to drive…

The Guardian - US

‘The actual critique is being lost’: the truth about Jihad Rehab, the year’s most controversial documentary

The film, which follows former Guantánamo detainees in a rehabilitation program, sparked concerns over consent and ethics. Then came the backlash

The Independent UK

Algeria: Doctors tell Saudi crown prince don't go to summit

Saudi Arabia’s powerful 37-year-old crown prince will not attend an upcoming summit in Algeria after his doctors advised him not to travel

Asharq Al-Awsat

Biden Warned of Repeating Nixon’s Mistake

The administration of President Joe Biden is renouncing itself by repeating the mistakes of former President Richard Nixon in positions related to oil and the relationship with Saudi Arabia, according to US media. They warned of the consequences of severe disruption in energy supplies on global political and economic stability,…

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Asharq Al-Awsat

Saudi Equestrian Federation Crowns Winners of Diriyah 'Longines Global Jumping' Championship

President of the Saudi Arabian Equestrian Federation (SAEF) Prince Abdullah bin Fahd bin Abdullah crowned the winners of the Federation's run on the 2nd day of the Longines Global Champions Tour on Diriyah race track on Friday. The winners came from Germany, Irelanda, Austria, Beliguim, Brazil, Turkey, and Sweden. Winners…

Asharq Al-Awsat

Saudi Arabia, China Stress Importance of Reliable Oil Supplies for Market Stability

Saudi Arabia and China have agreed to cooperate in the field of "peaceful use of nuclear energy" and establish a regional hub for Chinese manufacturers to use the Kingdom's strategic location linking three continents. Saudi Energy Minister Prince Abdulaziz bin Salman held on Friday an online meeting with China’s National…

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

Benzinga

It's A Bird, No A Plane, It's... A Side-Scraper? Saudis Break Ground On Desert Metropolis

New drone footage released by Ot Sky shows the breaking of ground on Saudi Arabia’s new megacity structure dubbed The Mirror Line.

Axios

Saudis plot energy cooperation with China amid tensions with Biden

It's "a clear rebuke aimed at Washington."

Al Jazeera

Turkey accuses US of ‘bullying’ Saudi Arabia over OPEC+ oil cuts

Turkey’s foreign minister slams US for ‘bullying’ Saudi Arabia after OPEC+ announced oil production cuts.

The Independent UK

‘A football decision’: Eddie Howe defends Newcastle training camp in Saudi Arabia

The Magpies first travelled to the Gulf state in January

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