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The Latest Breaking News from Saudi

Moody's Changes Saudi PIF's Outlook to Positive

Moody's has changed its outlook on Saudi Arabia’s Public Investment Fund (PIF) from "stable" to "positive" and affirmed its long-term issuer and senior unsecured ratings at A1. According to the performance evaluation, the rating reflects PIF's standalone creditworthiness as expressed by a BCA of A1.

Asharq Al-Awsat

GCC Foreign Ministers: Saudi-Iranian Agreement Helps Resolve Region’s Differences through Dialogue

Gulf Cooperation Council (GCC) foreign ministers have welcomed the Saudi-Iran agreement sponsored by China.

Asharq Al-Awsat

Alonso: We "need some help" from Red Bull to win F1 races in 2023

The Silverstone squad has shown race pace second only to reigning constructors’ champion Red Bull at the start of the new season, with Alonso reinstated to third place in the Saudi Arabian Grand Prix after his team successfully appealed a 10-second reprimand for the rear jack touching the car during…

Autosport

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War-weary Yemenis greet Saudi-Iran deal with caution

Riyadh and Tehran may have moved to bury some of their differences, but it is unclear whether same will happen in Yemen.

Al Jazeera

South Australian government faces fresh criticism for hosting Saudi-backed LIV Golf tour

Human rights campaigners argue there is no difference between thwarted Saudi bid to sponsor Women’s World Cup and its rebel golf funding

The Guardian - AU

What the GPS data reveals about how Verstappen must approach Saudi GP

The runaway winner in Bahrain a fortnight previously had taken a clean sweep across the practice sessions, ending the three hours of running with a cumulative advantage of 1.3s.

Motorsport

Saudi Arabia eyes late 2024 slot if it doesn’t secure F1 season opener

The possibility of the grand prix in Jeddah becoming the first race next season emerged late last year when Australian Grand Prix bosses revealed that Saudi Arabia had requested it because of Ramadan.

Motorsport

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F1: Max Verstappen defies stomach bug to set the pace in Saudi Arabian Grand Prix practice

Max Verstappen picked up where he left out in Bahrain with a dominant performance in Friday’s two practice sessions for the Saudi Arabian Grand Prix.

Evening Standard

George Russell offers Mercedes hope for Saudi Arabian GP despite ominous Red Bull belief

George Russell and Lewis Hamilton will be up against it at the Saudi Arabia Grand Prix as Mercedes look to compete at the front of the grid with pace setters Red Bull

Daily Mirror

Hamilton doesn't share other F1 drivers' views on Saudi GP safety

F1 heads back to Jeddah for the second race of the 2023 season this weekend, the first event after the 2022 edition was marred and nearly aborted following the threat of a drivers' strike in the aftermath of a Houthi missile strike on a nearby Aramco oil facility during practice.

Motorsport

China clearly has a plan to flex its diplomatic muscle around the world

In brokering a detente between Iran and Saudi Arabia – and offering its own peace plan for Ukraine – we have been given a glimpse of Beijing’s grander vision, writes Borzou Daragahi

The Independent UK

Analysis: Renewed Saudi-Iranian ties, brokered by China, force new calculations in Mideast

BEIRUT — The surprise announcement of a resumption of diplomatic ties between Saudi Arabia and Iran, thanks to a deal brokered by Beijing, underscores regional governments’ interest in a de-escalation of tensions — and China’s willingness to wield its economic clout to achieve it.

Los Angeles Times

The Guardian view on Iran and Saudi Arabia: a cautious start

Editorial: Plans for the two countries to restore diplomatic relations are welcome, but are only a modest step forward

The Guardian - UK

With Iran-Saudi deal, Beijing aims to bring its friends closer together

“This is about bloc-building rather than peace-building."

Axios

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Autosport

Why Saudi Arabian GP could throw up a different F1 mix to Bahrain

Certainly, the first two contests on the Jeddah Corniche Circuit haven’t been short of talking points. See Verstappen clipping the wall in 2021 to scupper his hitherto sensational Q3 lap before the title battle with Lewis Hamilton took another heated turn, as the protagonists repeatedly went wheel-to-wheel between red flags…

Evening Standard

Saudi Arabian Grand Prix: Race start time UK, qualifying results and how can I watch F1 on TV today?

Max Verstappen faces a tough fight through the field after shock early exit from qualifying in Jeddah

Motorsport

Why the Saudi GP could throw up a different F1 mix to Bahrain

Certainly, the first two contests on the Jeddah Corniche Circuit haven’t been short of talking points. See Verstappen clipping the wall in 2021 to scupper his hitherto sensational Q3 lap before the title battle with Lewis Hamilton took another heated turn as the protagonists repeatedly went wheel-to-wheel between red flags…

Al Jazeera

‘Changing global order’: China’s hand in the Iran-Saudi deal

China brokering a deal between longtime Gulf rivals is ‘a broader sign of a changing global order’, analysts say.

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The Independent UK

Countries that could be impacted by renewed Iran-Saudi ties

A deal between Iran and Saudi Arabia to resume diplomatic ties has wide-reaching effects across the Middle East and reduces the chance of armed conflict between regional rivals

Daily Mirror

Cristiano Ronaldo's Saudi Arabia life shows Lionel Messi what he can expect from transfer

Cristiano Ronaldo has been banging in the goals during his expensive stay in Riyadh with Al-Nassr, and enjoying the lap of luxury in the Four Seasons Hotel's Kingdom Suite

Autosport

Verstappen expects much closer F1 Saudi Arabian GP

Polesitter Verstappen appeared unimpeachable at the Sakhir circuit as he pulled out of DRS range of the chasing Ferrari of Charles Leclerc by the end of the opening lap.

The Independent UK

Women’s World Cup hosts urge Fifa to reject Visit Saudi sponsorship

Football Australia and New Zealand Football, the co-hosts of this summer’s tournament, have said they would not be ‘comfortable’ with the partnership due to human rights concerns

Motorsport

Verstappen expects a much closer F1 Saudi Arabian GP

Polesitter Verstappen appeared unimpeachable at the Sakhir circuit as he pulled out of DRS range of the chasing Ferrari of Charles Leclerc by the end of the opening lap.

The Guardian - UK

Hamilton rejects claims that F1 has had positive impact in repressive regimes

Lewis Hamilton says F1 should do more in countries like Bahrain and Saudi Arabia, after the FIA’s CEO insisted the sport wasn’t ‘chasing money’

The Independent UK

Premier League urged to review Saudi-Newcastle deal

The Premier League has been urged to review a legally binding promise made by the owners of English soccer club Newcastle in 2021 that Saudi Arabia’s sovereign wealth fund was separate from the country's government

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