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The Latest Breaking News from Saudi Arabia

SEDCO Holding Announces Completion of Sale of Arabian Entertainment Company

SEDCO Holding, one of the largest family-owned investment groups in Saudi Arabia, announced on Thursday the completion of the sale of Arabian Entertainment Company Limited (AEC) to GLD Partners LP, a Los Angeles based privately held, alternative investment management firm.

Asharq Al-Awsat

Saudi Industrial Investments Grow to $346 Bn

The total investments of the industrial sector in Saudi Arabia have reached $346 billion, after investments in 2021 stood at $21 billion, according to figures issued by the National Industry Information Center (NIIC). A detailed bulletin on mining indicators in Saudi Arabia revealed 2,100 valid licenses, of which 775 licenses…

Asharq Al-Awsat

Romanian Energy Minister: Saudi Arabia Expedites Global Energy Industry Ambitions

Romanian Energy Minister Virgil Daniel Popescu revealed plans for launching a gas pipeline from Azerbaijan through the Caspian Sea region, using the link between Romania and Hungary to the Central European markets. This comes at a time the world and Europe face uncertainty regarding the supply of Russian oil and…

Asharq Al-Awsat

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How a Saudi woman's iPhone revealed hacking around the world

A single activist helped turn the tide against NSO Group, one of the world’s most sophisticated spyware companies now facing a cascade of legal action and scrutiny in Washington over damaging new allegations that its software was used to hack government officials and dissidents around the world.

Reuters

Saudi Arabia, Croatia Stress Need to Clear Middle East of Mass Destruction Weapons

Croatian Prime Minister Andrej Plenkovic met with Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah in Zagreb on Wesnday. During the meeting, they reviewed cooperation between the two countries and addressed ways to boost and develop bilateral ties in all fields. They also discussed opportunities to transfer mutual relations…

Asharq Al-Awsat

Rory McIlroy questions quality of players joining Saudi Arabia’s ‘not so Super League’

Rory McIlroy once again confirmed he has no intention of joining the proposed Saudi Super Golf League as he questioned why younger players would do so.

Evening Standard

‘I’m so sick of it:’ Rory McIlroy gives another blistering take on potential Saudi Arabia-backed golf league

Rory McIlroy: "You've got the top players in the world are saying no, so that has to tell you something."

USA Today Sports Media Group

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Job ad for 30 women train drivers in Saudi Arabia gets 28,000 applicants

A job advert to recruit 30 female train drivers in Saudi Arabia has attracted 28,000 applicants, highlighting the scale of pent up demand as the conservative kingdom opens up more opportunities to women.

Reuters

How many countries are competing in the Winter Olympics 2022? Full list

Countries such as Haiti and Saudi Arabia are set to make their first appearance at a Winter Olympics

The Independent UK

Saudi Arabia Approves Licensing of New Digital Bank

Saudi Arabia’s central bank announced on Tuesday that the government has approved the licensing of a third digital bank, called D360 Bank, with a capital of 1.65 billion riyals ($440 million). It added that the Kingdom’s Public Investment Fund (PIF) was part of the consortium of companies and investors launching…

Asharq Al-Awsat

Erdogan says Turkey continuing "positive dialogue" with Saudi Arabia -media

Turkey is continuing a "positive dialogue" with Saudi Arabia and wants to take concrete steps in the coming days to improve ties, President Tayyip Erdogan was cited as saying on Wednesday, amid a regional charm offensive by Turkey to mend strained relations.

Reuters

Forum Discusses Strengthening Saudi Economic Partnerships with Central Asia Countries, Azerbaijan

Ambassadors from Central Asia and Azerbaijan have stressed their countries’ keenness to hold economic, investment and trade partnerships with Saudi Arabia.

Asharq Al-Awsat

Singapore resumes border reopening after pause due to Omicron outbreak

Singapore will expand quarantine-free travel to Hong Kong, Qatar, Saudi Arabia and the United Arab Emirates this month, its health ministry said on Wednesday, resuming border reopening after a pause due to an outbreak of the coronavirus.

Reuters

Saudi Arabia Seeks to Monitor Projects in Iraq, Expand Private Sector Businesses

Saudi Arabia is intensifying its efforts to expand the scope of private sector businesses and open wider horizons for national products and services, through a number of programs, initiatives, and services. The Saudi Export Development Authority (SEDA) called on the private sector to review the latest reports on projects in…

Asharq Al-Awsat

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Asharq Al-Awsat

UN Envoy Warns of Danger of Houthi Attacks on UAE, Saudi Arabia

UN Special Envoy for Yemen Hans Grundberg revealed on Tuesday his plans for developing a framework for moving towards an inclusive political settlement to the conflict, including the establishment of a multi-track process. Through this process, the warring sides’ interests can be addressed within the context of a broader Yemeni…

Asharq Al-Awsat

Saudi Arabia Says Supports US Efforts to Prevent Iran from Acquiring Nuclear Arms

The Saudi government reiterated on Tuesday the Kingdom's keenness to resolve all tensions in the region. It stressed that it supports the American administration's efforts to prevent Iran from acquiring nuclear weapons, underlining the need for joint work to confront the harmful activities of its proxies. Custodian of the Two…

Asharq Al-Awsat

Saudi Arabia to Enhance National Products’ Competitiveness in Global Markets

The Saudi Ministry of Industry launched the Made in Saudi Arabia exhibition, meanwhile, experts expect the industrial sector in the Kingdom to grow by 5 to 6 percent, in parallel with an increase in global partnerships thanks to the competitiveness of national products. Held under the slogan of “Our Industries,…

Reuters

Saudi Arabia backs U.S. efforts to stop Iran getting nuclear weapons - SPA

Saudi Arabia's government expressed on Tuesday its support for "U.S. efforts to prevent Iran from acquiring a nuclear weapon," state news agency SPA reported.

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The Hindu

Gen. Naravane holds talks with Saudi Arabian commander

Lt. Gen. Al-Mutair was also accorded a guard of honour at the South Block lawns before the talks.

Bangkok Post

PM wants quick action on restoring cooperation with Saudis

Prime Minister Prayut Chan-o-cha wants progress in the restoration of working cooperation with Saudi Arabia within two months, government spokesman Thanakorn Wangboonkongchana said on Monday.

Asharq Al-Awsat

ADQ, Saudi Technology Ventures Invest in Mideast Uber-like Service for Trucks

Saudi Arabia-based TruKKer, which offers Uber-like services for trucks in the Middle East and elsewhere, said on Monday it has raised just under $100 million through Series B equity and a debt funding round. The investments were led by Abu Dhabi state holding company ADQ and Riyadh-based Saudi Technology Ventures,…

Asharq Al-Awsat

Saudi Arabia, Cyprus Discuss Joint Cooperation, Combating Terrorism

Cyprus' President Nicos Anastasiades held talks in Nicosia on Sunday with Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah. Discussions focused on cooperation between their countries and ways to develop it in all fields. They also tackled elevating relations to broader horizons in line with the Kingdom's Vision 2030…

The Guardian - UK

Saudi Arabia transfers $80bn in shares to wealth fund for green projects

Crown Prince Mohammed bin Salman said move was part of efforts to recalibrate the oil-led economy

Asharq Al-Awsat

Saudi Arabia Jails 11 People for Money Laundering

Saudi Arabia said Sunday it has jailed 11 individuals on charges of laundering ten billion riyals ($2.67 billion), a source from the Public Prosecution revealed in a statement. The statement said two Saudi citizens and nine expats are involved in the money laundering. The judiciary ordered fines and the confiscation…

The Guardian - UK

Skiing outsiders make their mark as arrival of real snow causes setbacks

Skiers from Haiti, Jamaica and Saudi Arabia raced in the giant slalom, one of many events disrupted by blizzard conditions

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