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The Latest Breaking News from Riyadh

GEC Witnesses $8 Billion in Agreements, Investments to Support Saudi Entrepreneurship

The Global Entrepreneurship Congress (GEC), held in Riyadh, witnessed several agreements and investments worth almost $8 billion on its second day. The agreements aim to support entrepreneurship in various fields and enhance the Kingdom's position as an attractive environment for pioneers, innovators, and creators worldwide. Global Entrepreneurship Congress (GEC), launched…

Asharq Al-Awsat

Bin Aziz to Asharq Al-Awsat: We Have Faith in Our Gulf Brothers in Uniting Yemenis

Yemen's Chief of Staff Sagheer bin Aziz expressed on Monday his "faith" in the Gulf Cooperation Council (GCC) and its sincere efforts in uniting Yemeni ranks. The GCC will host in Riyadh on Tuesday intra-Yemeni consultations aimed at uniting Yemenis, mending rifts between them, supporting the legitimate government, bolstering state…

Asharq Al-Awsat

Saudi Arabia Aspires to Lead Global Entrepreneurship in Green Technologies, Nuclear Energy

The Global Entrepreneurship Congress (GEC) kicked off in Riyadh under the patronage of Crown Prince Mohammed bin Salman, Deputy Prime Minister and Chairman of the Council for Economic and Development Affairs, amid unanimous agreement that Saudi Arabia has become an ideal platform for launching entrepreneurs in all sectors. During the…

Asharq Al-Awsat

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GCC: Yemenis Looking Forward to All Parties Joining Riyadh Consultations

The intra-Yemeni consultations are set to kick off on Tuesday with the aim of reaching a political solution to the crisis in Yemen.

Asharq Al-Awsat

Seeking a fresh start

Two months have passed since Saudi Arabia and Thailand agreed to fully restore diplomatic ties, a move that followed Prime Minister Prayut Chan-o-cha's visit to Riyadh on Jan 25.

Bangkok Post

Coalition air raids strike Yemen as rebels, UN seek truce

Riyadh (AFP) - The Saudi-led coalition launched air strikes Sunday on Yemen hours after Huthi rebels announced a three-day truce, with the UN chief condemning a surge in violence as the war enters its eighth year.

AFP

Coalition air strikes pummel Yemen despite rebel truce

AFP

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Int’l Exhibition in Riyadh for Construction, Building Solutions

In a step that enhances Saudi Arabia's economic, commercial and investment activities, Riyadh is preparing to host the “Big Five Saudi” exhibition for reviewing the latest technologies, innovations and sustainable solutions for construction and leading long-term partnerships. The Big 5 Saudi exhibition will be opened by Deputy Minister of Industry…

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

UN Hopes for Success in Intra-Yemen Talks in Riyadh

Four days are left before intra-Yemeni talks kickstart under the auspices of the Gulf Cooperation Council (GCC) in Riyadh.

Asharq Al-Awsat

Egypt, Saudi Arabia Agree to Boost Cooperation, Relations

Egypt and Saudi Arabia have agreed to work on boosting the mutual economic, social, humanitarian, and cultural relations during the coming period. The Egyptian Minister of Trade and Industry, Nevine Gamea, and Saudi Minister of Trade Majid bin Abdullah al-Qasabi chaired the first meeting of the working group to follow…

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 Arabia Urges Arab Countries to Join Anti-Corruption Network Effectively

The Riyadh Initiative (GlobE Network) seeks to achieve the common goals of Arab countries and the interests of developing countries in combating corruption, announced Nasser Abu al-Khail, Assistant Chairman of the Oversight and Anti-Corruption Authority (Nazaha). Aba al-Khail told Asharq Al-Awsat that the Initiative had entered into force after being…

Asharq Al-Awsat

Riyadh gets U.S. military help as Washington seeks better ties

The United States has stepped up its military support for Saudi Arabia over the past few months following missile strikes on the kingdom by the Yemeni Houthi group, Western diplomats said, an indication that Washington is trying to mend its strained ties with traditional Gulf allies.

Reuters

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Asharq Al-Awsat

Aramco to Launch 65 New Projects in 2023

Major government and private entities reviewed their future projects worth billions of dollars to allow contractors to benefit from their implementation, coinciding with the 4th edition of the Future Projects Forum in Riyadh. The Saudi Contractors Authority, in partnership with several public and private entities, launched the Forum on Sunday,…

Asharq Al-Awsat

Gulf Official: Yemeni Talks to Include Individuals from All Governorates, Including Sanaa

Intra-Yemeni talks slotted for the end of March will include new individuals and figures from all northern and southern governorates, including Sanaa, a Gulf official told Asharq Al-Awsat. Last week, the Gulf Cooperation Council (GCC) announced that it will host Gulf-sponsored Yemeni consultations at the headquarters of its General Secretariat…

Asharq Al-Awsat

King Salman Receives Head of Sudan Sovereign Council

Custodian of the Two Holy Mosques King Salman bin Abdulaziz received in Riyadh on Monday head of the Sudanese transitional Sovereign Council Abdul Fattah al-Burhan. King Salman threw a dinner banquet in honor of his guest and his accompanying delegation. Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister…

Al Jazeera

Russia-Ukraine war shows cracks in US ties to Middle East allies

UAE and Saudi Arabia are pursuing their own interests, analysts say, as US urges united front against Russia’s Putin.

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Asharq Al-Awsat

Saudi Energy Warning Highlights Iranian-backed Threat to Global Recovery

Given the flawless Saudi record of fulfilling global oil supply obligations since 1939, energy markets are surely taking note of Riyadh’s warning on Monday that it “won't bear any responsibility for any shortage in oil supplies to global markets” following a string of attacks on its oil facilities by Yemen's…

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…

Al Jazeera

US sends Patriot interceptors to Saudi to ease tensions: Reports

The transfer fulfils an urgent Saudi request that has become a point of tension between Riyadh and Washington.

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…

AFP

Saudi Aramco reports profit surge on day sites hit by Yemen rebels

Riyadh (AFP) - Oil giant Saudi Aramco reported Sunday a 124 percent net profit surge for last year, hours after Yemeni rebels attacked its facilities causing a "temporary" drop in production.

AFP

Saudi Aramco says annual profit more than doubled in 2021

Riyadh (AFP) - Saudi Aramco's net profit soared 124 percent last year as global growth recovered from the Covid-19 downturn, the oil giant announced Sunday, hours after Yemen's Huthi rebels targeted some of its sites.

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