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The Latest Breaking News from Saudi Arabia

Saudi promises F1 all assurances it needs for 2023 return

Saudi Arabia’s government says it will give Formula 1 all the assurances it needs to be happy to return next year, ahead of team talks to discuss the fallout of last weekend’s events.

Autosport

Saudi Deposit Promotes Stability of Egypt’s Foreign Exchange Market

With Saudi Arabia’s announcement of a $5 billion deposit with the Central Bank of Egypt on Wednesday, sources told Asharq Al-Awsat that this move would enhance the stability of the foreign exchange market and consolidate the Egyptian economy amid severe pressure on the Egyptian pound. In a statement published by…

Asharq Al-Awsat

Prosecutor seeks end to Khashoggi murder trial in Turkey

The prosecutor in the case against 26 Saudi nationals charged in the slaying of Washington Post columnist Jamal Khashoggi requested Thursday that their trial in absentia be suspended and the case be transferred to Saudi Arabia

The Independent UK

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Saudi Dussur Signs 4 Joint Ventures, Global Acquisition Deal

The Saudi Arabian Industrial Investments (Dussur) announced the signing of five new shareholders' agreements, including four joint ventures and one global acquisition deal. Dussur, owned by PIF, Aramco, and SABIC, signed the agreement at a special event attended by Minister of Energy and Investment Prince Abdulaziz bin Salman, Minister of…

Asharq Al-Awsat

Magazine: Saudi Arabian GP review and F1's new headline battle

Another sensational Formula 1 fight between Max Verstappen and Charles Leclerc is the focus of Autosport magazine’s Saudi Arabian Grand Prix coverage, out today (31 March).

Autosport

Friends of Sudan Group Supports UN-African Initiative to Resolve Sudan’s Crisis

The Friends of Sudan group has reiterated its strong support for the combined efforts of the United Nations Integrated Transition Assistance Mission to Sudan (UNITAMS), the African Union (AU), and the Intergovernmental Authority on Development (IGAD) to facilitate a Sudanese-led political process to restore a civilian-led transition to democracy. The…

Asharq Al-Awsat

Saudi Arabia Calls for Sighting Ramadan Crescent Moon on Friday

Saudi Arabia’s Supreme Court has called on all Muslims throughout the Kingdom to sight the crescent moon of the holy month of Ramadan on Friday evening, state news agency (SPA) reported. The Supreme Court called on whoever sights the crescent moon by naked eyes or through binoculars to report to…

Asharq Al-Awsat

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F1 claims to nurture positive change but clearly puts money before morals

Leading lights claim to care about human rights but there is no evidence that grand prix racing changes oppressive regimes

The Guardian - UK

Wolff: No finger-pointing over Mercedes F1 car or engine struggles

Mercedes Formula 1 chief Toto Wolff says there will be no finger-pointing at one single area of Mercedes’ car or engine amid its early struggles this season.

Motorsport

Saudi Arabia says it deposited $5B in Egypt’s central bank

Saudi Arabia has announced a $5 billion aid package to cash-strapped Egypt, where the economy is under mounting pressure, in part because of the economic fallout from Russia's war on Ukraine

The Independent UK

Pactiv Evergreen Sells 50% Stake In Naturepak Beverage Packaging

Pactiv Evergreen Inc (NASDAQ:PTVE) subsidiary, Evergreen Packaging International LLC, has sold its 50% interest in Naturepak Beverage Packaging Co Ltd to affiliates of Elopak ASA. The financial terms of the deal were not disclosed. Naturepak Beverage Packaging supplies customers in the Middle East and Africa region from manufacturing plants in Morocco and Saudi…

Benzinga

Kuwait: Durra Gas Field is Saudi-Kuwaiti in its Entirety, Iran Has No Rights over It

Kuwaiti Foreign Minister Sheikh Ahmed Nasser Al-Mohammed Al Sabah said on Tuesday that Iran was not a party to Al-Durra field, which is “purely Kuwaiti-Saudi.” Referring to statements he made during a joint press conference with visiting French Foreign Minister Jean-Yves Le Drian, Sheikh Ahmed said he meant “negotiations regarding…

Asharq Al-Awsat

Saudi Arabia, UAE Say OPEC+ Mission Is to Stabilize Market

Saudi Arabia and the UAE reiterated that OPEC+ has only a mission to "stabilize the market," adding that the alliance keeps politics out of its decision-making in favor of the "common good" of energy prices. Saudi Energy Minister Prince Abdulaziz bin Salman stressed that the focus is on balancing crude…

Asharq Al-Awsat

Saudi Arabia Boosts Entrepreneurship in Industry, Logistics

The Saudi National Industrial Development and Logistics Program (NIDLP) launched the "Thousand Miles" initiative for small and medium enterprises (SMEs) in the industrial and logistics fields. The initiative seeks to facilitate material support, feasibility studies, and asset investment. The launch came during the Global Entrepreneurship Congress (GEC), organized by the…

Asharq Al-Awsat

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Daily Mirror

F1 drivers demand greater input on where sport races after Saudi Arabia GP controversy

Formula 1 stars are preparing to demand more input on the sport's calendar following the heavily criticised trip to Saudi Arabia last weekend, which saw a shocking nearby missile attack steal headlines

Bangkok Post

Fertiliser supply adequate for peak plantation season

Local fertiliser traders and suppliers have confirmed there will be sufficient fertiliser supply during the peak plantation season starting in May, while pledging to step up imports from Saudi Arabia to meet domestic demand.

The Guardian - AU

Pressure builds on Graham Arnold as Socceroos slump to Saudi Arabia defeat

A 1-0 dead-rubber World Cup qualifying defeat has marked what could be the end of Arnold’s tenure as coach

Daily Mirror

Anthony Joshua and Oleksandr Usyk under fire over hosting fight in Saudi Arabia

Saudi Arabia is the frontrunner to host Joshua's rematch with Usyk, but the decision to hold the fight in the country has come under fire by human rights organisation Amnesty International

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The Guardian - AU

Saudi Arabia 1-0 Australia: World Cup 2022 qualifier – as it happened

An unfamiliar Socceroos team was unable to finish their group campaign on a winning note as Salem Al-Dawsari’s penalty proved the difference in Jeddah

The Independent UK

Anthony Joshua’s rematch against Oleksandr Usyk should not be held in Saudi Arabia, say Amnesty International

The Ukrainian’s promoter has revealed discussions over the fight being staged in June

Autosport

Wolff: No ‘arm twisting’ to convince F1 drivers to race in Saudi Arabia

Toto Wolff says there “wasn’t any arm twisting from our side” to convince Formula 1 drivers to race in Saudi Arabia after threats of a boycott emerged on Friday night.

The Hindu

Saudisation policy may leave thousands of Indian expats jobless

Second phase of Nitaqat drive comes into effect

The Independent UK

Saudi Arabia in contention to stage Anthony Joshua-Oleksandr Usyk rematch

Usyk’s promoter Alexander Krassyuk said Saudi Arabia was ‘the place we are in discussions with at the moment’.

Autosport

The questions that need answering after F1's marred second Saudi visit

OPINION: The second Formula 1 Saudi Arabian Grand Prix began under the usual spotlight of the 'sportwashing' debate surrounding events in the country. A nearby missile attack on Friday put the whole event at risk, before a massive qualifying accident reared continuing safety concerns. While the race itself was a…

Evening Standard

F1: Can George Russell upstage Mercedes team-mate Lewis Hamilton in 2022?

There is nothing new in Lewis Hamilton losing in his second grand prix against a team-mate, as he did to George Russell in Saudi Arabia last weekend.

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