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The Latest Breaking News from Saudi Arabia

House oversight committee launches probe into Jared Kusher’s Saudi-backed investment fund

Mr Kushner’s new venture received a $2bn investment from a Saudi sovereign wealth fund

The Independent UK

Biden opens door to possible trip to Saudi Arabia

President Joe Biden publicly acknowledged on Friday that he may travel to Saudi Arabia soon, a trip that multiple sources say is expected and could include talks with Saudi Crown Prince Mohammed bin Salman.

Reuters

US president Biden to visit Saudi Arabia in coming weeks: Reports

In shift, Biden will reportedly meet with Crown Prince Mohammed bin Salman as US seeks replacement to Russian oil.

Al Jazeera

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Saudi Arabia, the Balance Point between Moscow, Washington in OPEC Agreement

The White House praised a major Saudi role in controlling oil markets, through a greater increase in the production of the OPEC+ alliance during July and August than previously announced. “We welcome the important decision from OPEC+ today to increase supply in July and August based on new market conditions,”…

Asharq Al-Awsat

Saudi Arabia Approves Establishment of Holding Company to Raise Effectiveness of Saudi Health System

Saudi Arabia has agreed to a government decision to establish the Health Holding Company to raise the effectiveness of the performance of the system, and approve the organization of the National Health Insurance Center. According to official sources, the Ministry of Health will focus on regulating and supervising all public…

Asharq Al-Awsat

Jared Kushner under congressional investigation for $2B Saudi investment with private firm

Kushner denies acting improperly over his firm's transaction with the wealth fund controlled by Saudi Arabia's crown prince.

Axios

‘Apocalyptic skies’: the dust storms devastating Gulf states and Syria

Rising frequency of storms due to climate crisis is causing more loss of life and more destruction, say experts

The Guardian - UK

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Biden to visit Saudi Arabia in push to lower oil prices and punish Russia

This marks the president’s departure from his campaign promise of isolating Riyadh over the murder of columnist Jamal Khashoggi

The Guardian - US

White House praises Saudi royals on Yemen truce before expected Biden trip

The White House took the rare step of recognizing the role played by Saudi Arabia's Crown Prince Mohammed bin Salman in extending a ceasefire in Yemen on Thursday ahead of what is expected to be a trip to Riyadh by President Joe Biden.

Reuters

Increased attacks on people, places of worship in India: Blinken

Releasing the State Department’s 2021 Report on International Religious Freedom, Mr. Blinken cited Saudi Arabia, China, Pakistan and Afghanistan as other countries with religious freedom restrictions.

The Hindu

House Resolution Seeks End to U.S. Military Involvement in Yemen

It signals that many in Congress still condemn America's role in the war and actions from the president that lack proper authorization.

Reason

Rights groups accuse French arms makers of war crimes complicity in Yemen

Three NGOs on Thursday filed a lawsuit in a Paris court against French arms producers Dassault Aviation, Thales and MBDA France for alleged war crimes complicity in Yemen. They accuse the companies of having sold weapons to Saudi Arabia and the United Arab Emirates (UAE) that were then used against…

Radio France Internationale

Pledge of more oil heightens odds of Saudi trip for Biden

The Biden administration is praising Saudi Arabia for its role in a promised boost in oil production and a cease-fire in Yemen

The Independent UK

Biden Welcomes Yemen Truce Extension, Lauds Courageous Saudi Leadership

US President Joe Biden welcomed the extension on Thursday of a UN-brokered truce between the Yemeni government and the Houthis, and said Saudi Arabia had demonstrated "courageous leadership" by endorsing and implementing its terms. "The last two months in Yemen, thanks to the truce brokered in April, have been among…

Asharq Al-Awsat

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Reuters

Biden welcomes Yemen truce extension, notes Saudi Arabia's 'courageous leadership'

U.S. President Joe Biden welcomed the extension on Thursday of a U.N.-brokered truce between Yemen's warring parties, and said Saudi Arabia had demonstrated "courageous leadership" by endorsing and implementing its terms.

Tribune News Service

Oil reverses losses as OPEC+ agrees on supply increase plan

Oil reversed losses to trade near $116 as OPEC+ ministers agreed to boost supply increases by around 50%, after prices dropped on reports U.S. President Joe Biden is likely to visit Saudi Arabia this month and that the kingdom is ready to pump more crude.

Bangkok Post

Opec+ agrees on bigger oil-production hikes

Opec+ will increase the size of its oil-supply hikes by about 50%, bowing to months of pressure from major consumers including the United States to help ease the pain of high energy prices.

Benzinga

Biden Visit Might Push For Saudi Arabia And OPEC To Make Up For Russian Oil Loss

Saudi Arabia and other OPEC members may increase oil supply to compensate for a reduction in Russian output, which may relieve pressure on growing global inflation and pave the way for US President Joe Biden's historic visit to Riyadh,

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Reuters

Rights groups allege French arms makers complicit in Yemen war crimes

Three non-governmenatal organisations (NGOs) said on Thursday they had filed a lawsuit at a Paris court against three top French arms' producers for alleged war crimes complicity in Yemen after selling weapons to Saudi Arabia and the UAE.

France 24

'Are you rich?' Inequality Observatory sets French wealth threshold

Like the poverty threshold, France's Inequality Observatory has published a report defining who is considered financially wealthy in the country. But first, we see how Saudi Arabia could step in to boost global oil production. Also, we take a look at Sheryl Sandberg's legacy following her decision to step down…

Asharq Al-Awsat

Rome Pushes for Opening HQs of Italian Companies in Saudi Arabia

Italian MP Elena Morelli, who chairs the Italian-Saudi Parliamentary Friendship Committee, has discussed ways to open headquarters for Italian companies in Saudi Arabia. Morelli called for motivating Italian companies by simplifying and standardizing procedures, noting the availability of great cooperation opportunities between Riyadh and Rome in the renewable energy sectors,…

Asharq Al-Awsat

Adeer Company Sells Kunoz Al-Dhahran Land at More than SAR700 Mln

Saudi Arabia’s Adeer Real Estate Company announced selling Kunoz al-Dhahran land in a record time for SAR724,148,976 during the public auction it organized at the Grand Hayat Hotel in Khobar on Monday, to be added to its successful auctions this year. CEO of Adeer Mutab Al Saad expressed joy with…

Asharq Al-Awsat

Saudi Arabia Waives Fines, Penalties for Taxpayers to Mitigate Pandemic’s Financial Impact

The Saudi Zakat, Tax and Customs Authority (ZATCA) announced the re-launch of an initiative to waive fines and exempt taxpayers from penalties for six months from June 1, 2022. The initiative aims to mitigate the economic fallout of the coronavirus pandemic. Fines for the delay in registration, default payment and…

The Times of India

As gas prices soar, Joe Biden likely to visit Saudi Arabia

WASHINGTON: President Joe Biden is likely to visit Saudi Arabia later this month as part of an international trip for Nato and Group of Seven meetings, according to people familiar with the matter, with record high US gas prices weighing on his party's political prospects.

Tribune News Service

Biden likely to visit Saudi Arabia as US gasoline prices spiral, sources say

WASHINGTON — President Joe Biden is likely to visit Saudi Arabia later this month as part of an international trip for NATO and Group of Seven meetings, according to people familiar with the matter, with record high U.S. gas prices weighing on his party’s political prospects.

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