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The Latest Breaking News from Arabia

Saudi Arabia’s Maaden to Boost Capital by $3.2 Billion

Saudi Arabia’s state miner, Maaden, has announced a profit and plans to boost its capital by $3.2 billion amid a surge in commodity prices. Saudi Arabian Mining Co. will offer 1 bonus share for each held, according to a statement. That will double its capital to 24.6 billion riyals ($6.6…

Asharq Al-Awsat

At Unguja Ukuu, human activity transformed the coast of Zanzibar more than 1,000 years ago

The medieval settlement of Unguja Ukuu, on the Zanzibar Archipelago off the coast of Tanzania, was a key port in an extensive Indian Ocean trade network that linked eastern Africa, southern Arabia, India and Southeast Asia.

The Conversation

Saudi Arabia Confirms Abundance of Basic Commodities

Saudi Arabia’s Minister of Environment, Water and Agriculture and Chairman of the Food Security Committee, Abdulrahman Abdulmohsen AlFadley, confirmed that the supplies and stocks of food commodities in the Kingdom of Saudi Arabia are reassuring, and there are no concerns about abundance in the local markets against the backdrop of…

Asharq Al-Awsat

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Saudi FM Blames Houthis for Escalation in Yemen

Saudi Foreign Minister Prince Faisal bin Farhan has blamed the Houthis for escalating the situation in Yemen, saying they continue to attack areas under government control. The minister indicated that the militias reject peace, while Saudi Arabia is trying everything in its power to protect the Yemeni government's areas. "We…

Asharq Al-Awsat

Historian Rashid bin Asakir to Asharq Al-Awsat: Religious Dimension in Establishment of 1st Saudi State Is Overstated

Readers of books that chronicle the history of the Arabian Peninsula, specifically its center (Najd or Al-Yamamah), from the early Islamic ages until the past four centuries, notice a reference to, or even an emphasis on the spread of ignorance, heresy and polytheism among the population.

Asharq Al-Awsat

Saudi Founding Day Logo: Symbols Expressing Details of an Era

The Saudi flag, the palm tree, the falcon, the Arabian horse, and the market are five important symbols that reflect a lively heritage as the “Saudi Founding Day” logo. These are more than symbols because they carry a rich history of how the Kingdom was unified in 1727. Palm Tree…

Asharq Al-Awsat

Biden's Hidden War Is Destroying Yemen

Under Obama, Trump, and now Biden, U.S. arms deals with Saudi Arabia have perpetuated a humanitarian crisis.

Reason

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Saudi Arabia Issues E-Billing to Support SMEs

The Saudi cabinet announced that the Zakat, Tax and Customs Authority has the right to offer financial support to targeted institutions on the e-billing list whose annual revenues do not exceed $813,000. Several specialists told Asharq Al-Awsat that Saudi Arabia aims to stimulate and develop small and medium enterprises (SMEs)…

Asharq Al-Awsat

Saudi Arabia: Umrah Performers Must Present Negative PCR Test

The Saudi Ministry of Hajj and Umrah updated the procedures for entering Saudi Arabia for Umrah performers and visitors to ensure their health and safety. The Ministry explained that based on reports of the competent authorities regarding the measures taken by the Kingdom to counter the coronavirus and its variants,…

Asharq Al-Awsat

Saudi crown prince to visit 'this year'

The Crown Prince of Saudi Arabia, His Royal Highness Mohammad bin Salman bin Abdulaziz, will visit Thailand once the government finishes the roadmap to restarting bilateral cooperation between the two kingdoms, Foreign Affairs Minister Don Pramudwinai said on Monday.

Bangkok Post

SABIC Purchases Clariant’s 50% Share in Scientific Design

Saudi Arabia’s SABIC has signed an agreement to purchase Clariant’s 50 percent stake in specialties company Scientific Design, currently a 50/50 joint-venture with SABIC. Subject to regulatory approval, expected in mid-2022, the transaction will give SABIC full ownership of Scientific Design, which is a leading licensor of high-performance process technologies…

Asharq Al-Awsat

Arab Coalition Kicks off Military Operation against Legitimate Targets in Sanaa

The Saudi-led Arab coalition announced on Tuesday the launch of a military operation against legitimate targets in Yemen's Sanaa. In a statement, it said the operation is "in response to a threat and the military need to protect civilians from hostile attacks." Saudi Arabia and the United Arab Emirates said…

Asharq Al-Awsat

Saudi Arabia Records Highest Growth Levels among the G20 Countries

The IHS Markit Index predicted that the Saudi Arabian economy will record the highest growth levels among the G20 countries in the fourth quarter of 2021, a wide gap of about 4.5 percent from its closest competitor, Italy. The achievement reflects the efficiency of the economic reforms taken by the…

Asharq Al-Awsat

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