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The Latest Breaking News from Saudi Arabia

How many countries are competing in the Winter Olympics 2022? Full list

Countries such as Haiti and Saudi Arabia are set to make their first appearance at a Winter Olympics

The Independent UK

Saudi Arabia Approves Licensing of New Digital Bank

Saudi Arabia’s central bank announced on Tuesday that the government has approved the licensing of a third digital bank, called D360 Bank, with a capital of 1.65 billion riyals ($440 million). It added that the Kingdom’s Public Investment Fund (PIF) was part of the consortium of companies and investors launching…

Asharq Al-Awsat

Erdogan says Turkey continuing "positive dialogue" with Saudi Arabia -media

Turkey is continuing a "positive dialogue" with Saudi Arabia and wants to take concrete steps in the coming days to improve ties, President Tayyip Erdogan was cited as saying on Wednesday, amid a regional charm offensive by Turkey to mend strained relations.

Reuters

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Forum Discusses Strengthening Saudi Economic Partnerships with Central Asia Countries, Azerbaijan

Ambassadors from Central Asia and Azerbaijan have stressed their countries’ keenness to hold economic, investment and trade partnerships with Saudi Arabia.

Asharq Al-Awsat

Singapore resumes border reopening after pause due to Omicron outbreak

Singapore will expand quarantine-free travel to Hong Kong, Qatar, Saudi Arabia and the United Arab Emirates this month, its health ministry said on Wednesday, resuming border reopening after a pause due to an outbreak of the coronavirus.

Reuters

Saudi Arabia Seeks to Monitor Projects in Iraq, Expand Private Sector Businesses

Saudi Arabia is intensifying its efforts to expand the scope of private sector businesses and open wider horizons for national products and services, through a number of programs, initiatives, and services. The Saudi Export Development Authority (SEDA) called on the private sector to review the latest reports on projects in…

Asharq Al-Awsat

UN Envoy Warns of Danger of Houthi Attacks on UAE, Saudi Arabia

UN Special Envoy for Yemen Hans Grundberg revealed on Tuesday his plans for developing a framework for moving towards an inclusive political settlement to the conflict, including the establishment of a multi-track process. Through this process, the warring sides’ interests can be addressed within the context of a broader Yemeni…

Asharq Al-Awsat

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Saudi Arabia Says Supports US Efforts to Prevent Iran from Acquiring Nuclear Arms

The Saudi government reiterated on Tuesday the Kingdom's keenness to resolve all tensions in the region. It stressed that it supports the American administration's efforts to prevent Iran from acquiring nuclear weapons, underlining the need for joint work to confront the harmful activities of its proxies. Custodian of the Two…

Asharq Al-Awsat

Saudi Arabia to Enhance National Products’ Competitiveness in Global Markets

The Saudi Ministry of Industry launched the Made in Saudi Arabia exhibition, meanwhile, experts expect the industrial sector in the Kingdom to grow by 5 to 6 percent, in parallel with an increase in global partnerships thanks to the competitiveness of national products. Held under the slogan of “Our Industries,…

Asharq Al-Awsat

Saudi Arabia backs U.S. efforts to stop Iran getting nuclear weapons - SPA

Saudi Arabia's government expressed on Tuesday its support for "U.S. efforts to prevent Iran from acquiring a nuclear weapon," state news agency SPA reported.

Reuters

Gen. Naravane holds talks with Saudi Arabian commander

Lt. Gen. Al-Mutair was also accorded a guard of honour at the South Block lawns before the talks.

The Hindu

PM wants quick action on restoring cooperation with Saudis

Prime Minister Prayut Chan-o-cha wants progress in the restoration of working cooperation with Saudi Arabia within two months, government spokesman Thanakorn Wangboonkongchana said on Monday.

Bangkok Post

ADQ, Saudi Technology Ventures Invest in Mideast Uber-like Service for Trucks

Saudi Arabia-based TruKKer, which offers Uber-like services for trucks in the Middle East and elsewhere, said on Monday it has raised just under $100 million through Series B equity and a debt funding round. The investments were led by Abu Dhabi state holding company ADQ and Riyadh-based Saudi Technology Ventures,…

Asharq Al-Awsat

Saudi Arabia, Cyprus Discuss Joint Cooperation, Combating Terrorism

Cyprus' President Nicos Anastasiades held talks in Nicosia on Sunday with Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah. Discussions focused on cooperation between their countries and ways to develop it in all fields. They also tackled elevating relations to broader horizons in line with the Kingdom's Vision 2030…

Asharq Al-Awsat

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The Guardian - UK

Saudi Arabia transfers $80bn in shares to wealth fund for green projects

Crown Prince Mohammed bin Salman said move was part of efforts to recalibrate the oil-led economy

Asharq Al-Awsat

Saudi Arabia Jails 11 People for Money Laundering

Saudi Arabia said Sunday it has jailed 11 individuals on charges of laundering ten billion riyals ($2.67 billion), a source from the Public Prosecution revealed in a statement. The statement said two Saudi citizens and nine expats are involved in the money laundering. The judiciary ordered fines and the confiscation…

The Guardian - UK

Skiing outsiders make their mark as arrival of real snow causes setbacks

Skiers from Haiti, Jamaica and Saudi Arabia raced in the giant slalom, one of many events disrupted by blizzard conditions

The Independent UK

Saudi Arabia gives 4% of Aramco to investment fund

Saudi Arabia says it will transfer 4% of its stock in the state-run oil giant Aramco to its state investment fund, a nearly $80 billion infusion of cash as it tries to overhaul its energy-dependent economy

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Asharq Al-Awsat

Saudi Arabia Urges its Citizens to Leave Ukraine

Saudi Arabia urged on Saturday its citizens in Ukraine to leave the country immediately. The Kingdom's embassy in Kyiv also called on all Saudis to delay travel to Ukraine. It said Saudis in Ukraine must contact it immediately to facilitate their departure. Kuwait on Saturday had called on its citizens…

Asharq Al-Awsat

Saudi PIF Extends Portfolio by Taking Majority Stakes in Design Company

Dubai-listed Depa PLC said on Friday it has entered into an agreement with Saudi Arabia’s Public Investment Fund (PIF), whereby the sovereign wealth fund will acquire a majority stake in the company in return of cash investment worth 150 million dirhams ($40.84 million). In a statement on Friday, Depa said…

France 24

Russia’s ‘key’ security demands unmet during Biden-Putin call on Ukraine, Kremlin says

The ideas that US President Joe Biden shared to address Moscow’s security demands during a phone call with Russian President Vladimir Putin Saturday did not “touch upon” the demands’ “key elements”, the Kremlin said. Countries from the Netherlands to Saudi Arabia urged their nationals to leave Ukraine as tensions mounted…

Reuters

Dakar rally car blast caused by improvised explosive device - source

An explosion under a support vehicle at the Dakar rally in Saudi Arabia that injured French race driver Philippe Boutron on Dec. 30 was caused by an improvised explosive device, a French source familiar with the investigation said on Friday.

Irish Mirror

Johnny Murtagh aiming to deliver a knockout blow with Sonnyboyliston in Saudi Arabia

Sonnyboyliston is set to run in the $2.5m Longines Red Sea Turf Handicap at The Saudi Cup meeting

The Independent UK

Chelsea hope Thomas Tuchel can make Club World Cup final after Covid

Tuchel watched Wednesday’s 1-0 win over Saudi Arabia’s Al Hilal on TV at home in London

Asharq Al-Awsat

Saudi Arabia Pushes for Oil Market Balance, Stability

Saudi Arabia is exerting strenuous efforts to achieve the stability of the oil sector in the global economy, experts told Asharq Al-Awsat. Custodian of the Two Holy Mosques King Salman bin Abdulaziz stressed, during a telephone call with US President Joe Biden on Wednesday, the importance of maintaining the balance…

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Faisal bin Farhan bin Abdullah

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Thanakorn Wangboonkongchana

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