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The Latest Breaking News from Riyadh

Saudi blasts release of oil reserves 'to manipulate markets'

Riyadh (AFP) - Saudi Arabia's energy minister on Tuesday blasted the release of emergency oil stocks as an attempt to "manipulate markets", the latest apparent salvo in a spat with Washington over oil production.

AFP

FII’s Flagship Forum Kicks Off in Riyadh

Financial and investment leaders from around the world have gathered in Riyadh for the annual Future Investment Initiative (FII) forum, which will shed light on topics of international concern. More than 6,000 global business chiefs, policymakers, investors, and entrepreneurs will participate in the event themed “Investing in Humanity: Enabling a…

Asharq Al-Awsat

'Lucid' Group Launches 1st Middle East Studio in Saudi Arabia

Lucid Group, setting new standards with the longest-range, fastest-charging electric car on the market, announced the opening of its first Studio in the Middle East in Riyadh. "The launch of our first Studio in the Middle East marks yet another step towards Lucid's mission to inspire the adoption of sustainable…

Asharq Al-Awsat

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The Saudis Need a Reality Check

Washington should pause arms sales to rein in Riyadh.

Foreign Affairs

Analysis: The Russia-Ukraine war and the view from Saudi Arabia

Although cooperation with Moscow continued, kingdom also showed support for Kyiv as it sought role of useful mediator.

Al Jazeera

British Trade Commissioner: Saudi Arabia is the Largest Destination of UK Exports in the Region

Simon Penney, the British Trade Commissioner (HTMC) for the Middle East and Pakistan, said Saudi-British efforts were underway to increase and maximize partnerships and corporate business in various fields. He noted that Riyadh represented the largest destination for UK exports, with an increase of 24 percent over the last three…

Asharq Al-Awsat

Arcapita Expands in Saudi Arabia, Forms Financial Firm

Arcapita Group Holdings, the global alternative investment firm, has formed Arcapita Capital Company, a new subsidiary licensed by the Capital Market Authority of Saudi Arabia with offices in Riyadh, as part of its strategic expansion. The formation of Arcapita Capital Company will enable the firm to participate in private equity…

Asharq Al-Awsat

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Saudi Arabia, UN Official Discuss Lebanon

Saudi State Minister for Foreign Affairs Adel al-Jubeir held talk in Riyadh on Sunday with United Nations Special Coordinator for Lebanon Joanna Wronecka. The talks focused on cooperation between Saudi Arabia and the UN and the latest developments in Lebanon and the efforts exerted towards them. Wronecka also met with…

Asharq Al-Awsat

GCC Cybersecurity Ministerial Committee Holds First Meeting in Riyadh

The Gulf Cooperation Council (GCC) Cybersecurity Ministerial Committee held its first meeting at the headquarters of the GCC Secretariat General in Riyadh. The meeting was attended by the heads of specialized institutions in cybersecurity in GCC countries and GCC Secretary-General Dr. Nayef Al-Hajraf. Saudi Arabia was represented by the National…

Asharq Al-Awsat

Growing 'Davos in the Desert' a sign of Saudi clout

Riyadh (AFP) - Hundreds of CEOs and finance moguls are expected in Riyadh from Tuesday for a Davos-style investment conference that analysts say will highlight Saudi Arabia's geopolitical muscle despite strained ties with the US.

AFP

GCC Health Ministers Inaugurate Gulf Center for Disease Prevention and Control

Gulf Cooperation Council (GCC) Health Ministers inaugurated on Saturday the "Gulf Center for Disease Prevention and Control" in Riyadh to strength coordination, build knowledge and produce evidence to enable the prevention of communicable and non-communicable diseases, mitigate public health emergencies, and promote healthy communities across the Gulf. The event was…

Asharq Al-Awsat

Anne Marie, Spectacular Drone Show Kick Off Riyadh Season 2022

With a spectacular drone show, the international Cirque du Soleil and a concert by British artist Anne Marie, the largest entertainment season in the Middle East and the Arab world kicked off on Friday in Riyadh. In its third edition, the Riyadh Season festival features a whopping 15 zones. The…

Asharq Al-Awsat

Victims of Mogadishu Terrorist Attack Arrive in Saudi Arabia for Treatment

A plane carrying six Somalis injured in a recent terrorist bombing that targeted a hotel in Mogadishu arrived on Friday at King Khalid International Airport in Riyadh, for treatment in the Kingdom. The move came in an implementation of the directives of the Custodian of the Two Holy Mosques, King…

Asharq Al-Awsat

Eddie Howe explains why Newcastle United are heading to Riyadh in December

Newcastle United boss Eddie Howe is eager for his team to bond during their visit to Saudi Arabia

Chronicle Live

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Daily Mirror

Eddie Howe defends Saudi Arabia training trip as chiefs eye 2030 World Cup bid

Newcastle United are heading for Saudi Arabia again after a successful training camp last January boosted their results. They have announced a match with the Saudi Pro League champions and will spend a week in capital city Riyadh

Asharq Al-Awsat

Saudi National Industry Strategy to Support Diversifying Kingdom’s Economic Base

Saudi Arabia’s Crown Prince Mohammed bin Salman has introduced a new National Industry Strategy (NIS) that aims to triple industrial output and increase the value of the kingdom’s industrial exports to about SAR 557 billion ($148.5 billion) by 2030. Experts believe that the strategy has drawn a clear roadmap to…

Asharq Al-Awsat

Al-Hajraf Says GCC Supports All Efforts to Enhance Security, Stability in Yemen

Secretary General of the Gulf Cooperation Council (GCC) Dr. Nayef Falah Mubarak Al-Hajraf confirmed the support of his organization for all international efforts aiming to enhance security and stability in Yemen and achieve development and inclusive peace in the country. This came during a meeting with the Special Envoy of…

Reason

Saudi Government Sentences U.S. Citizen to 16 Years in Prison for Anti-Regime Tweets Posted from U.S.

Axios (Shawna Chen) reports, as does an opinion piece in the Washington Post (Josh Rogin) (paywalled). From the Post: [L]ast November, when [American citizen Saad Ibrahim Almadi] traveled to Riyadh to visit family, he was detained regarding 14 tweets posted on his account over the previous seven years. One of…

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Al Jazeera

‘Troubled marriage’: Oil spat unlikely to break US-Saudi ties

Analysts say shared interests will sustain ties despite Washington’s promise of ‘consequences’ over oil production cuts.

Asharq Al-Awsat

Riyadh Refrains from Interfering in Lebanon’s Presidential Nominations, Respects Lebanese Will

Saudi Ambassador Walid Al-Bukhari held meetings and talks to refute all rumors about the Kingdom’s withdrawal from the Lebanese political scene. Sources close to the ambassador noted that Saudi Arabia considered itself part of the international community, which is striving to secure the safety net for a sister Arab country,…

Reuters

U.S. says it raised concerns with Riyadh over jailed U.S. citizen as recently as Monday

The United States has raised with Saudi authorities the case of a Saudi-U.S. citizen detained in Saudi Arabia as recently as Monday, State Department deputy spokesperson Vedant Patel said on Tuesday.

Asharq Al-Awsat

FII 6th Edition Kicks off on Oct. 25, to Discuss ‘Enabling a New Global Order’

The sixth edition of the Future Investment Initiative (FII) conference will be held in Riyadh on Oct. 25-27, under the slogan “Investing in Humanity - Enabling a New World Order”. Over 6,000 CEOs, policymakers, investors, entrepreneurs, Nobel Prize laureates and young leaders from across the globe are expected to attend…

Asharq Al-Awsat

Saudi-Yemeni Business Council Formed to Complete Joint Projects

Saudi Arabia and Yemen are strengthening investment and economic cooperation by building partnerships between their private sectors to seize available opportunities. This affirms Riyadh’s commitment to development and economic projects in Yemen. The Federation of Saudi Chambers announced on Monday accrediting the final formation of the Saudi-Yemeni Business Council for…

Asharq Al-Awsat

Saudi Arabia, South Africa Stress Joint Action, Cooperation

Saudi Arabia and South Africa issued a statement after President Cyril Ramaphosa visited Riyadh, confirming the strength of bilateral relations and the importance of boosting joint action. Ramaphosa began Friday a visit to the Kingdom at the invitation of Custodian of the Two Holy Mosques King Salman bin Abdulaziz. The…

Asharq Al-Awsat

Saudi Leadership Receives Messages from King of Morocco

Custodian of the Two Holy Mosques King Salman bin Abdulaziz and Prince Mohammed bin Salman, Crown Prince and Prime Minister, received on Monday messages from Morocco’s King Mohammed VI. The messages tackled the close bilateral relations between the kingdoms and ways to bolster them in various fields. The messages were…

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