The Latest Breaking News from Saudi Arabia

Egypt’s Trade and Industry Ministry denied reports that it had introduced restrictions aimed at limiting imports from Saudi companies. “The economic and trade relations between Egypt and Saudi Arabia are witnessing a remarkable development, given the brotherly and friendly relations that bind their leaderships, governments and peoples,” said a ministry…

Koichi Nakagawa, Research Director and Chief Consultant at the Mitsubishi Research Institute (MRI) Middle East, revealed that Mitsubishi is planning to launch a number of understandings in Riyadh to strengthen partnerships with Saudi government agencies in the field of research and consultancy. These understandings would help transfer knowledge and technologies…

Saudi Crown Prince Mohammed bin Salman held a phone call with Pakistani Prime Minister Shahbaz Sharif on Saturday. During the call, the Crown Prince congratulated Sharif on his assumption of the premiership post. They also discussed the bilateral ties between both countries and agreed on strengthening them. For his part,…

Several NGOs have accused Saudi Arabia of having arbitrarily arrested four Uighurs and of trying to extradite them to China, where their fate is extremely uncertain. The detainees include two men who had travelled to the country to make a pilgrimage to Mecca in November 2020, as well as a…

The Tesla owner has questioned Saudi Arabia’s role at the tech company after prince ‘rejects’ proposed purchase.

Saudi Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense, held telephone talks on Friday with China's President Xi Jinping. Discussions focused on bilateral cooperation between their countries and ways to develop them through the joint Saudi-Chinese council. They agreed to exert more efforts to bolster the…

Fitch Ratings revised on Thursday the outlook for Saudi Arabia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) from “stable” to “positive”, while affirming the rating at "A". The Kingdom's rating reflects improvements in the sovereign balance sheet due to higher oil revenues and commitment to fiscal consolidation. The global ratings agency…

United Nations Special Envoy for Yemen, Hans Grundberg stressed on Thursday that the two-month truce in the country provides a "rare opportunity" for peace. In a briefing to the UN Security Council, he hailed the recent steps taken by Saudi Arabia and the Gulf countries to support the mediation efforts…

Saudi Arabia’s Prince Alwaleed bin Talal rejected Elon Musk’s bid to acquire Twitter Inc. for $54.20 per share, saying the deal doesn’t “come close to the intrinsic value” of the popular social media platform.