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The Latest Breaking News from Kingdom

S&P Revises Saudi Arabia's Outlook to 'Positive'

Rating agency S&P has revised Saudi Arabia’s outlook to “positive” from “stable”, affirming the kingdom’s long-term foreign currency debt rating at “A-/A-2.” “The positive outlook reflects our expectation of improving GDP growth and fiscal dynamics over the medium term, tied to the country’s emergence from the COVID-19 pandemic, improved oil…

Asharq Al-Awsat

Arab Coalition Launches Military Operation to Neutralize Threats against Saudi Oil Facilities

The Saudi-led Arab coalition announced on Saturday the launch of a military operation to neutralize threats against oil facilities in the Kingdom and protect global energy sources. It carried out air strikes against sources of threats in Yemen's Sanaa and Hodeidah, it added. The operation was launched in wake of…

Asharq Al-Awsat

Gulf, Arab Countries Condemn Houthi Attacks Against Saudi Arabia

Gulf and Arab countries condemned on Friday the terrorist attacks by the Iran-backed Houthi militias in Yemen against Saudi Arabia. The Houthis had launched several drones and ballistic missiles at the Kingdom's southern and eastern regions, targeting civilian and oil infrastructure. The United Arab Emirates strongly denounced the attacks, accusing…

Asharq Al-Awsat

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Sisi Contacts Saudi Crown Prince to Condemn Houthi Attacks

Saudi Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense, received on Friday a telephone call from Egyptian President Abdul Fattah al-Sisi. Sisi condemned the terrorist attacks committed by the Iran-backed Houthi militias in Yemen against the Kingdom's civilian sites and oil facilities. He stressed Cairo's solidarity…

Asharq Al-Awsat

Arab Coalition Says Saudi Arabia Targeted by 16 Attacks, Warns Houthis Against Testing its Patience

The Saudi-led Arab coalition announced on Friday that the Iran-backed Houthi militias in Yemen had carried out 16 attacks against the Kingdom. It warned them against continuing their grave violations and of testing the patience of the coalition. The coalition announced that Saudi defenses shot down 12 armed drones and…

Asharq Al-Awsat

Saudi Defenses Destroy 9 Armed Drones Fired at Kingdom

The Saudi-led Arab coalition said on Friday that Saudi defenses shot down nine armed drones fired at the Kingdom. It said the aircraft were aimed at civilian locations and energy facilities. It accused the Iran-backed Houthi militias in Yemen of being behind the failed attack, blaming them for threatening regional…

Asharq Al-Awsat

Pensioner fined £150 for feeding ducks

James Watson was shocked when a security officer issued him a fixed penalty notice for "throwing bird food on the ground"

Manchester Evening News

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Saudi Arabia Seeks to Conclude Investment Protection Agreements with Several Countries

The Saudi Ministry of Investment is updating the priorities of investment contracts, in accordance with specific technical standards, with the aim to expand and protect Saudi investments across the globe and enable companies to achieve their set goals. According to official sources, the ministry has called on the Saudi private…

Asharq Al-Awsat

South Sudan Invites Saudi Arabia to Explore 23 New Oil Fields

Managing Director of Nile Petroleum Corp (NilePet) Chol Deng Thon Abel urged Saudi companies in general and oil giant Aramco to invest in South Sudan.

Asharq Al-Awsat

Deon Bush had poor timing with introductory tweet to Chiefs Kingdom

New #Chiefs S Deon Bush's intro tweet went awry amidst the Tyreek Hill trade.

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Sedco Holding Sells 15% Stake in Nahdi through First Portfolio Company IPO

SEDCO Holding, one of the largest family-owned investment groups in the Kingdom of Saudi Arabia, announced the successful listing of its portfolio company Nahdi Medical Company (Nahdi) on the Saudi Exchange main index. This marks SEDCO Holding’s first partial exit through a public share sale.

Asharq Al-Awsat

Al-Burhan: I Broke The ‘Three No’s’ In the Interest of My Country, No Secret Visits to Tel Aviv

General Abdel Fattah Abdelrahman al-Burhan, chairman of the Sudanese Transitional Sovereignty Council, revealed that there is a major Saudi investment initiative for which Sudan is preparing the right environment to accommodate. “The Kingdom is always ready to invest in Sudan,” al-Burhan told Asharq Al-Awsat in Riyadh. “Sudan is only required…

Asharq Al-Awsat

Saudi Defenses Shoot Down Ballistic Missile Fired at Jizan

The Saudi-led Arab coalition said on Tuesday the Kingdom's defenses shot down a ballistic missile fired towards its southwestern Jizan region. The coalition said the escalation by Iran-backed Houthi militias in Yemen is aimed at scuttling the intra-Yemeni consultations that have been proposed by the Gulf Cooperation Council. The talks…

Asharq Al-Awsat

Saudi Arabia Stresses Firm Stance in Resolving Ukraine Crisis Peacefully

The Saudi government stressed on Tuesday the Kingdom's firm position in supporting efforts to resolve conflicts through peaceful means.

Asharq Al-Awsat

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Asharq Al-Awsat

Fears Emerge over Worsening Global Oil Prices

Saudi Arabia announced Monday that it would not bear responsibility for global oil shortages following attacks by Iran-backed Houthi militias affected the Kingdom’s production. In a statement on Monday, the Saudi Foreign Ministry has called on the international community to assume its responsibility to preserve energy supplies, in order to…

Asharq Al-Awsat

Mikati: We Won’t Allow Harm to Security of Saudi Arabia or Gulf States

Lebanon’s Prime Minister Najib Mikati underlined the government’s commitment to restore normal relations with the Gulf Cooperation Council countries, stressing that the phone call with the Kuwaiti Minister of Foreign Affairs, Sheikh Ahmad Nasser Al-Mohammad Al Sabah, “falls within this framework.” In a statement on Monday, Mikati said: “I renew…

Asharq Al-Awsat

Saudi Arabia to Welcome 400,000 Umrah Pilgrims During Ramadan

Saudi Deputy Minister of Hajj and Umrah Dr. Abdulfattah Mashat revealed that some 400,000 pilgrims are expected to perform the Umrah during the holy fasting month of Ramadan, which begins in early April. In remarks to Asharq Al-Awsat, he said: "The Umrah is open. There is no limit to how…

Asharq Al-Awsat

Saudi Arabia’s Projects Reach $5 Trillion in 5 Years

Hamad Al-Hammad, the head the Federation of Saudi Chambers’ national contracting committee, announced that the value of development projects in various regions of the Kingdom during the past five years exceeded $5 trillion. His comments came on the sidelines of the Future Projects Forum 2022, which was inaugurated on Sunday…

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Asharq Al-Awsat

3 Messages from Coalition after Houthi Attacks on Saudi Arabia

The Saudi-led Arab coalition emerged with three messages in wake of the string of attacks carried out over the past two days by the Iran-backed Houthi militias in Yemen against civilian locations and vital facilities in the Kingdom. The first was its underscoring of restraint to ensure the success of…

Asharq Al-Awsat

Arab Coalition Destroys Hostile Aerial Target Aimed at Jeddah

The Saudi-led Arab coalition said on Sunday it had destroyed a hostile aerial target flown towards the Kingdom's western coastal city of Jeddah. The coalition added that it supported the Gulf and international positions to ensure the success of the upcoming Yemeni consultations set for Riyadh. It urged restraint so…

Asharq Al-Awsat

Demand for Goods Rise in Saudi Arabia as Ramadan Looms

The local Saudi market is witnessing a growth in commercial activity and an increase in demand for food and consumer goods, informed sources told Asharq Al-Awsat. The hike in demand coincides with the advent of Islam’s holy month of fasting, Ramadan. For Saudi merchants and importers, Ramadan is one of…

Asharq Al-Awsat

Saudi Energy Ministry Condemns 'Terrorist' Drone Assaults on Kingdom's Facilities

An official spokesman at the Saudi Ministry of Energy said that on Saturday at around 11:30 pm, a drone assault was carried out against the petroleum products distribution terminal in Jizan in southeastern Saudi Arabia. Two additional drone attacks were carried out on Sunday at around 5:30 am against Yanbu’s…

Asharq Al-Awsat

Houthi Attacks against Saudi Arabia Are Widely Condemned

Several Arab countries and Islamic organizations condemned on Sunday the Iran-backed Houthi militias in Yemen for attacking civilian facilities in Saudi Arabia. The Saudi-led Arab coalition announced on Saturday that it had destroyed four armed drones fired by the militias towards the southern region of the Kingdom. It revealed that…

Asharq Al-Awsat

Saudi Arabia Concludes Participation in Red Flag 2022 Drills in US

The Saudi Royal Air Force concluded on Saturday its participation in the Red Flag 2022 drills held at the Nellis Air Force Base in Nevada, the United States. The ten-day drills had kicked off on March 8 with the participation of several countries. They were trained on several combat scenarios…

Asharq Al-Awsat

Arab Coalition Thwarts Houthi Attempts to Target Civilian, Economic Facilities in Saudi Arabia

The Saudi-led Arab coalition announced on Saturday that it had destroyed four armed drones fired by the Iran-backed Houthi militias in Yemen towards the southern region of the Kingdom. It revealed that the attack targeted a desalination plant in al-Shuqaiq and an Aramco facility in Jazan. The coalition also announced…

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