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The Latest Breaking News from Riyadh

Riyadh to help seal Gulf free trade deals

Saudi Arabia has agreed to help Thailand push for a free trade agreement (FTA) with members of the Gulf Cooperation Council, according to Commerce Minister Jurin Laksanawisit on Monday.

Bangkok Post

Saudi Arabia Launches 20 New Flight Routes to Europe

Saudi Arabia launched 20 new routes linking the Kingdom to new cities in Europe through Wizz Air, Europe's fastest-growing airline. The airline will introduce new destinations from Bucharest, Budapest, Catania, Larnaca, Milan, Naples, Rome, Tirana, Varna, Venice, and Vienna to Riyadh, Jeddah, and Dammam. The General Authority of Civil Aviation…

Asharq Al-Awsat

The Guardian view on Saudi Arabia’s repression: the rebranding of Riyadh won’t wash

Editorial: The Leeds student Salma al-Shehab has been jailed for 34 years over Twitter messages. Governments and businesses should speak up

The Guardian - UK

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World Cup fans to get Saudi visas as Gulf neighbours cash in

Riyadh (AFP) - Saudi Arabia will offer multiple-entry visas to fans at the Qatar World Cup, officials said on Thursday, as neighbouring Gulf countries look to reap benefits from the competition.

AFP

Riyadh to Host Global AI Summit in Mid-September

Under the patronage of Saudi Crown Prince Mohammed bin Salman, Riyadh will host the second Global Artificial Intelligence Summit on Sept. 13-15 at the King Abdulaziz International Conference Center. Held under the slogan, “Artificial Intelligence for the Good of Humanity,” the summit is organized by the Saudi Authority for Data…

Asharq Al-Awsat

Tyson Fury vs Oleksandr Usyk targeted for December 17 with Riyadh favourite to host undisputed showdown

In many ways the weekend went as expected. Oleksandr Usyk repeated his victory over Anthony Joshua, retaining his WBA, WBO and IBF heavyweight titles and then Tyson Fury announced he was ready to make his return to the ring to face the Ukrainian.

Evening Standard

Al-Alimi Arrives in Riyadh to Discuss Economic Support for Yemen

The head of Yemen’s Presidential Leadership Council (PLC), Rashad Al-Alimi, arrived in Riyadh Saturday on a private visit where he is expected to meet Saudi officials, the official Saba news agency reported. Al-Alimi is visiting Saudi Arabia after having visited the UAE to follow up on economic support being given…

Asharq Al-Awsat

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Riyadh Economic Forum Studies Effects of Transition to New Work System

The Riyadh Economic Forum is currently studying the prospects and challenges of the new work system, including flexible and remote employment, given its importance in the labor market, especially following the Kingdom’s successful experience in adopting modern patterns during the Covid-19 pandemic. The establishment of the Riyadh Economic Forum, which…

Asharq Al-Awsat

IMF sees Saudi growth soaring 7.6% this year on high oil prices

Riyadh (AFP) - The Saudi economy is expected to grow 7.6 percent this year, up from 3.2 percent in 2021, on the back of soaring oil revenues, the International Monetary Fund said Wednesday.

AFP

Riyadh, Tashkent to Expand Cooperation in Tech, Petrochemical Industries

Ahead of the visit of Uzbek President Shavkat Mirziyoyev to Saudi Arabia, the embassy of Uzbekistan in Riyadh expected a rapid and dynamic development of bilateral cooperation between the two countries. Cooperation is expected in the fields of energy, information technology, telecommunications, health, biotechnology and agriculture, in addition to forestry,…

Asharq Al-Awsat

Saudi Aramco unveils record profits as oil prices soar

Riyadh (AFP) - Oil giant Saudi Aramco on Sunday unveiled record profits of $48.4 billion in the second quarter of 2022, after Russia's war in Ukraine and a post-pandemic surge in demand sent crude prices soaring.

AFP

Apple Committed to Supporting Saudi Arabia in Digital Transformation Plan

Esther Hare, Apple’s senior director of Worldwide Developer Marketing and executive sponsor of Women at Apple, underlined the company’s commitment to helping Saudi Arabia in its digital transformation plan. In an interview with Asharq Al-Awsat, Hare stressed that Apple was proud of the launch of its first regional academy for…

Asharq Al-Awsat

Vampire Esports Soar to PUBG MOBILE World Invitational Triumph at Riyadh's Gamers8

Gamers8, the biggest esports and gaming event worldwide, saw Vampire Esports crowned PUBG MOBILE World Invitational (PMWI) champions at Boulevard Riyadh City on Saturday after an epic tournament victory, reported the Saudi Press Agency. The team from Thailand claimed $500,000 of the total $2 million prize pool after scoring 220…

Asharq Al-Awsat

Saudi Aramco unveils record $48.4 billion profit in Q2

AFP

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The Guardian - UK

Chinese president Xi Jinping expected to visit Saudi Arabia next week

The planned gala reception is in stark contrast to the low-key audience afforded Joe Biden in June, as ties between China and the kingdom grow closer

Asharq Al-Awsat

King Salman Receives Message from President of Bangladesh

Custodian of the Two Holy Mosques King Salman bin Abdulaziz received on Wednesday a written message from President of Bangladesh Mohammad Abdul Hamid. The written tackled bilateral ties between Saudi Arabia and Bangladesh. Abdul Hamid also expressed his country’s support to the Kingdom’s bid to host Expo 2030 in Riyadh.…

Asharq Al-Awsat

Saudi Industrial Sector Stimulates Women’s Investments

In a move that aims to promote the inclusion of women and young businessmen in the industrial sector, Saudi Arabia has prepared nearly 78 ready-made factories in Sudair City for Industries and Business (north of Riyadh), to be used by SMEs and small entrepreneurs. Eng. Osama Al-Zamil, CEO of the…

Asharq Al-Awsat

KSrelief, National Committee for Education, Culture and Science Sign MoU for Joint Cooperation

King Salman Humanitarian Aid and Relief Center (KSrelief) signed on Monday a memorandum of understanding (MoU) with the National Committee for Education, Culture and Science of the Saudi Ministry of Culture to find ways for joint cooperation between them in several fields. The MoU was co-signed in Riyadh by KSrelief…

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Asharq Al-Awsat

Saudi King Receives Written Message from Zambia’s President

The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, received a written message from Zambian President Hakainde Hichilema, concerning strengthening relations between the two countries, the Saudi Press Agency reported Sunday. The message was received by Prince Faisal bin Farhan bin Abdullah, Minister of Foreign Affairs,…

Reuters

Saudis open airspace to more flights serving Israel

Cathay Pacific and Air Seychelles have overflown Saudi Arabia for Israel flights for the first time, aviation data showed on Thursday, after Riyadh announced last month it would open its airspace to all airlines, paving the way for more overflights to and from Israel.

Asharq Al-Awsat

Aramco, Sinopec Sign New MoU

Aramco and China's oil refiner Sinopec signed a Memorandum of Understanding on Wednesday in Riyadh for multiple potential collaborations in Saudi Arabia. The MoU outlines pathways for strategic cooperation between Aramco and Sinopec and supports the long-term relationship between the two companies and their existing joint ventures in China and…

Asharq Al-Awsat

Saudi Arabia, Malaysia to Renew Military Agreement for 5 Years

Malaysia wants to renew the military cooperation agreement with Saudi Arabia for five years, ending in 2027, Malaysian Defense Ministry Secretary-General Muez bin Abdulaziz said. In remarks to Asharq Al-Awsat, Abdulaziz said the defense cooperation between Malaysia and Saudi Arabia is based on three pillars: military cooperation, collaboration in the…

Asharq Al-Awsat

World’s First Nonprofit City Lies in Saudi Arabia’s ‘Mishraq’

Following the big unveiling of the world’s first nonprofit city in Riyadh on November 14, the Prince Mohammed bin Salman Nonprofit City announced that construction had kicked off at its first zone, “Al Mishraq”. What is ‘Al Mishraq’? Al Mishraq will be the second largest zone in the city, and…

Asharq Al-Awsat

Saudi Non-governmental Real Estate Investment Nearly Exceeds $68b

With the qualitative leap that Saudi Arabia has achieved at the global economic level, the real estate sector is expected to lead one of the engines of the country’s economic growth in the coming period, as private sector investments have exceeded 254 billion riyals ($67.7 billion), according to recent estimations.…

Asharq Al-Awsat

Saudi Arabia to Host Next World Forum with Participation of Esports Leaders, Experts

The Next World Forum, an esports and gaming forum that will bring together sector leaders and experts from around the world, will be held in Riyadh from September 7 to 8 September, reported the Saudi Press Agency. The global gaming and esports community will gather to discuss the development of…

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