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The Latest Breaking News from Saudi Arabia

Global Defense Companies Discuss Relocating Regional HQs to Saudi Arabia

The Saudi Ministry of Investment signed 12 memoranda of understandings (MoUs) in the aerospace and defense sectors during the World Defense Show. The four-day event, organized by the General Authority for Military Industries, was launched in Riyadh on Sunday. The partnerships aim to advance manufacturing and systems development, promote technology…

Asharq Al-Awsat

The limits of Iran’s influence on Yemen’s Houthi rebels

While Iran engages in dialogue with regional rivals, its ally in Yemen has increased attacks on them.

Al Jazeera

Saudi Women Are Partners in Kingdom’s Development

The world celebrates International Women’s Day on March 8 to recognize women’s achievements, their essential role in the world, and supporting gender equality. The day marks public respect and appreciation of women for their economic, political, and social achievements. On International Women’s Day, Asharq Al-Awsat monitored reform steps taken by…

Asharq Al-Awsat

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Oshkosh Defense Delivered 7,000 Military Vehicles in the Region

John Lazar, vice president and general manager of international programs at US-based Oshkosh Defense, underlined the company’s commitment to localizing Saudi Arabia’s defense and security industries, noting that the Kingdom constituted an attractive investment environment for the transfer of technologies and industries in the sector. In remarks to Asharq Al-Awsat,…

Asharq Al-Awsat

Kurdish Sisters Help Boost Iraq to Weightlifting Victory

In Iraq's autonomous Kurdistan region, sisters Ines, Israa and Oshin Muhsin have inherited a hefty mantle from their late father, using it to take their country to weightlifting glory. "We want to write the history of women's sports and preserve our father's" memory, Ines told AFP. At just 20, she…

Asharq Al-Awsat

‘20th Hijacker’ of 9/11 transferred from Guantanamo to psychiatric facility in Saudi Arabia

Immigration officials prevented Mohammad Mani Ahmad al-Qahtani entering US before 9/11 terror attacks

The Independent UK

Guantanamo detainee called '20th Hijacker' of 9/11 repatriated to Saudi Arabia

A man accused of being the would-be 20th hijacker in the Sept. 11, 2001 attacks has been repatriated to Saudi Arabia after two decades detained at Guantanamo Bay, the U.S. Department of Defense said on Monday.

Reuters

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Biden criticized over report of planned Saudi trip to discuss global oil supply

White House refuses to confirm that top advisers considering spring Saudi Arabia visit to propose increase in oil exports

The Guardian - US

Saudi Arabian Movie Theater Chain Plans IPO: Report

Nearly four years after Saudi Arabia allowed movie theaters to reopen after being shuttered for 35 years, a locally based movie chain operator is seeking to become publicly traded.

Benzinga

Saudi Arabia Local Industry Secured $21 Billion in Investment in 2021, Says Minister

Saudi Arabia attracted 81 billion riyal ($21.6 billion) of investments in the industrial sector in 2021 for both the private sector and joint ventures with government entities, the Saudi industry minister said on Monday. The Kingdom has set itself high targets for diversifying its economy and reducing its dependence on…

Asharq Al-Awsat

Arms industry eyes boost as Europe looks to bolster defences

Russia's invasion of Ukraine has catapulted defence spending up the political agenda in Europe and could herald a new era of purchases led by Germany, according to weapons makers gathering at an arms fair in Saudi Arabia this week.

Reuters

Cypriot Defense Minister to Asharq Al-Awsat: We Look Forward to Establishing Defense Cooperation with Saudi Arabia

Cypriot Defense Minister Charalambos Petrides revealed his country’s intention to conclude imminent bilateral agreements with Saudi Arabia on defense, military and security cooperation. He stressed the need to enhance the maritime security of waterways in the eastern Mediterranean, the Gulf of Aden, the Red Sea, the Arabian Gulf and the…

Asharq Al-Awsat

Int’l Companies Eye Development of Saudi Defense Industries

Several international defense companies have voiced their aspirations for participating in Saudi Arabia’s journey to develop its military industry through localizing technologies, productions, and jobs and expanding the vocational training sector in the Kingdom’s defense sector. These companies are partaking in the four-day defense exhibition, the World Defense Show (WDS),…

Asharq Al-Awsat

GAMI, Lockheed Martin Join Forces to Localize Work on THAAD Missile Defense System in Saudi Arabia

The General Authority for Military Industries (GAMI) announced at the World Defense Show on Monday its approval of two localization projects in collaboration with Lockheed Martin. The first focuses on localizing the manufacture of missile interceptor launchers, and the second on producing the missile interceptor canisters locally.

Asharq Al-Awsat

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Asharq Al-Awsat

Real Estate Deals Grow 52% in the Gulf

Real estate deals in the Gulf countries grew by nearly 52 percent year-on-year in 2021 to $137.4 billion compared to $90.5 billion in 2020, according to an analysis by KAMCO Invest. Kuwait-based KAMCO, said Saudi Arabia contributed to more than 41 percent of the total value of deals, while the…

Asharq Al-Awsat

Saudi Stocks Rise after Kingdom Lifts COVID-19 Restrictions

Saudi Arabian shares closed higher on Sunday, tracking a rise in oil prices as the Kingdom lifted all COVID-19 restrictions, and the conflict in Ukraine intensified. Saudi Arabia's benchmark index ended up on a 0.4 percent rise, the highest peak recorded in July 2006, buoyed by petrochemical and energy stocks,…

Asharq Al-Awsat

Italian Defense Official to Asharq Al-Awsat: Russia Left us No Choice

A high-ranking Italian official said Moscow's invasion of Ukraine left the Europeans with no choice but to tighten sanctions against it in solidarity with the Ukrainian people. Italy's Undersecretary of State for Defense, Giorgio Mulè warned that Europe was headed towards a period of instability, but this does not mean…

Axios

Possible Biden Saudi Arabia trip could mean embracing oil, ignoring brutality

A hat-in-hand trip would illustrate the gravity of the global energy crisis driven by Russia's invasion of Ukraine.

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The Hindu

Amphetamine worth ₹40 lakh found hidden in clock at KIA’s cargo section

The package was slated to be shipped to Saudi Arabia and was booked by a person from Tamil Nadu with a fake name and address of the sender

Reuters

Russian and Ukrainian weapons compete at Saudi defence show

As the tragic reality of war unfolds in eastern Europe, visitors to a defence show in Saudi Arabia were met with the surreal sight of seeing the latest Ukrainian and Russian military hardware competing for attention in pristine exhibition halls.

Asharq Al-Awsat

Saudi Arabia Raises April Arab Light Crude Prices to Asia

Saudi Arabia's state oil producer Aramco raised its April official selling price (OSP) for all crude grades it sells to Asia in line with market expectations. The world's top oil exporter raised its April OSP to Asia for its flagship Arab Light crude to $4.95 a barrel versus Oman/Dubai crude,…

Asharq Al-Awsat

Majida El Roumi Holds Her First Concert in Riyadh

Renowned Lebanese soprano Majida El Roumi mesmerized her fans at her first concert in Riyadh that was organized by Rotana and is part of the Riyadh Season. "We have come to send a message of love to the Kingdom, which was and still is a sanctuary that embraces Lebanese talent,…

Asharq Al-Awsat

Saudi Arabia Lifts All COVID-Related Restrictions

Saudi Arabia announced on Saturday it was lifting all coronavirus-related restrictions, effective immediately at the recommendation of health authorities. In a statement, the Interior Ministry highlighted the Kingdom's success in combating the pandemic, crediting it to the unlimited support accorded by the leadership and the successful vaccination campaign. Restrictions will…

Asharq Al-Awsat

Saudi Arabia’s World Defense Show Kicks off First Edition with Nearly 600 Exhibitors from over 40 Countries

Under the patronage of Custodian of the two Holy Mosques King Salman bin Abdulaziz Al Saud, Saudi Arabia’s World Defense Show will open its first-ever edition tomorrow with an expected 30,000 visitors attending throughout the four-day show, from 6th to 9th March 2022. Founded by Saudi Arabia’s General Authority for…

Asharq Al-Awsat

Saudi Non-oil Private Sector Resumes Growth

Saudi Arabia’s non-oil private sector managed to regain its strength in February, as improved business confidence and customer demand led to faster expansions in production, new business and purchases. Cost inflation pressures eased for the second month in a row, while expectations for future production rose to their highest levels…

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