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The Latest Breaking News from Saudi Arabia

Blinken Underlines Close Cooperation with Saudi Arabia to Extend Truce in Yemen

The UN Security Council expressed “deep disappointment” at the Houthis’ failure to engage with the Special Envoy for Yemen, Hans Grundberg, to extend the truce in Yemen for another six months. US Secretary of State Antony Blinken announced during a joint press conference with Chile’s Foreign Minister Antonia Oriola in…

Asharq Al-Awsat

Saudi Arabia Signs MoU to Boost Cooperation, Data Exchange

Saudi Arabia’s Ministry of Economy and Planning (MEP) has signed a memorandum of understanding (MoU) with the Saudi Economic Association to boost cooperation in research. Both parties will promote closer cooperation on economic research, capacity building, events and reports to share knowledge and advance joint goals on growth, diversification and…

Asharq Al-Awsat

Putin Helped By Saudi Arabia In His 'Despicable' Ukraine War, Says Schumer As Anti-Oil Cartel Bill Gains Bipartisan Momentum

As the ‘No Oil Producing and Exporting Cartels’ (NOPEC) bill gained momentum among both parties, Senate Majority Leader Chuck Schumer (D-NY) said in his tweet that Saudi Arabia’s actions will long be remembered by Americans.

Benzinga

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US Democrats rally against Saudi Arabia, UAE after oil cuts

Riyadh defends decision to curb oil output, saying move aims to stabilise the oil market, not drive up prices.

Al Jazeera

A bump and a miss: Saudi oil cut slaps down Biden's outreach

President Joe Biden is effectively acknowledging the failure of one of his biggest foreign policy gambles: a fist-bump with the de-facto leader of Saudi Arabia, the crown prince associated with human rights abuses

The Independent UK

Some Democrats push to punish Saudi Arabia after OPEC+ move to cut oil production

OPEC+ announced a cut of 2 million barrels a day starting next month. Some Democrats on Capitol Hill want to retaliate by cutting off military aid and reexamine ties to Saudi Arabia.

WEKU

Santosh Trophy knock-out stage set to be held in Saudi Arabia in February next year

NEW DELHI: In an unprecedented move, the All India Football Federation (AIFF) is planning to hold the knock-out stages of the Santosh Trophy National Championships in Saudi Arabia early next year.

The Times of India

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Biden pardons all federal offenses of simple marijuana possession – as it happened

President urges governors to do the same with state offenses: ‘No one should be in a local jail or state prison for that reason’

The Guardian - US

Oil prices climb as world's biggest exporters agree to cut output

In Vienna, ministers from the 13-nation Organization of the Petroleum Exporting Countries (OPEC) and a group of 10 exporters led by Russia agreed to reduce production by 2 million barrels a day from November. The move pushed up global oil prices, but the Kremlin says production reduction is intended to…

Radio France Internationale

'Excited' Jamie Reuben opens up as Newcastle 'only getting started' amid Al-Rumayyan's speech

Newcastle United's takeover was completed a year ago this week and ChronicleLive has taken a look at what has changed at the club and in the city in that time

Chronicle Live

Eased Procedures Encourage Private Sector Investment in Saudi Military Industries

The Saudi government offers a host of comparative advantages for military sector investors. From easy procedures to visas and licenses, Saudi authorities are keen on facilitating investment flow into the Kingdom’s defense industry. Saudi Arabia’s developed customs services and digital technologies are factors for attracting investment as well.

Asharq Al-Awsat

Biden administration angered by Opec+ oil output cut

Senior figures see decision as a slight on the US and a sign that the oil producers club is aligning with Russia

The Guardian - UK

OPEC cuts oil production to drive up prices, ASX ends steady after volatile day

As the ASX finishes where it started, Saudi Arabia and Russia are on a collision course with the West after major producers cut oil production to drive up prices. The move could further increase energy prices, plunge the global economy into recession, and help Russia in its war in Ukraine.

ABC News

OPEC+ to slash oil output, despite US lobbying

The group of oil producers known as OPEC+ say they will slash their daily output by 2 million barrels per day because of uncertainty in the global outlook. The decision has been slammed by the US, which had been lobbying for Saudi Arabia and other producers to pump more oil.…

France 24

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The Independent UK

Amnesty International raise new Saudi Arabia concerns – one year on from Newcastle deal

The Magpies celebrate a year under their new owners on Friday.

Reason

Rockets, Feathers, and Rising Gasoline Prices

Saudi Arabia snubs Biden by advocating OPEC cut oil production by 2 million barrels per day.

The Guardian - UK

Putin and the prince: fears in west as Russia and Saudi Arabia deepen ties

Prince Mohammed’s decision to strengthen relations has alarmed allies, but he has long admired Russian leader

The Conversation

Why most Muslims – but far from all – celebrate Mawlid, the Prophet Muhammad's birthday

Most Muslims celebrate the birth of the Prophet Muhammad on the 12th day of the third month of the Islamic calendar, Rabi’ al-awaal – which starts on the evening of Oct. 7 in 2022. Muslims view the celebration, called Mawlid al-Nabi or simply the Mawlid, like many other Islamic celebrations:…

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Al Jazeera

Hajj pilgrim arrested by Saudi Arabia returns to Iran

Release of Khalil Dardmand some three months after his arrest comes after mediation efforts by Oman and Iraq.

Evening Standard

Saudi Arabia to host Asian winter games in a city that doesn’t exist yet

The country is set to host the games at a mountain resort at the £440bn flagship Neom project

Reuters

OPEC+ agrees deep oil production cuts, Biden calls it shortsighted

OPEC+ agreed steep oil production cuts on Wednesday, curbing supply in an already tight market, causing one of its biggest clashes with the West as the U.S. administration called the surprise decision shortsighted.

WEKU

Russia and Saudi Arabia agree to massive cuts to oil output. Here's why it matters

The 2 million bpd cut in oil production was backed by Saudi Arabia and could benefit Russia. The OPEC+ meeting took place as much of the world is battling soaring energy costs and rising inflation.

Asharq Al-Awsat

Saudi Arabia, Morocco Seek to Increase Trade Volume to $5 Bn

Saudi Minister of Commerce Majid al-Qasabi has stressed the need for business owners to draw up a clear roadmap for economic relations between Saudi Arabia and Morocco, revealing joint opportunities in Africa and Europe. Qasabi was speaking at the Saudi-Moroccan Economic Forum and Business Council held in Casablanca, with the…

Asharq Al-Awsat

Saudi Arabia to Become Global Hydrogen Supplier, Hub for Green Minerals

Saudi Arabia is on its way to becoming a global supplier of hydrogen and a hub for green minerals and highly competitive manufacturing. Deputy Minister of Industry and Mineral Resources Khalid al-Mudaifer revealed Saudi Arabia is boosting the development of mineral industries in the region by attracting investment, spreading digital…

Bangkok Post

Opec+ expected to slash oil output

VIENNA: Major oil producers led by Saudi Arabia and Russia were set to meet Wednesday as reports said they were mulling an output cut of up to 2 million barrels per day in a bid to prop up slumping prices.

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