Topic
saudi arabia
60 stories related to this topic, newest first.
news.sky.compolitics10 hrs ago
Saudi Esports Tournament Opens in Paris for Seven Weeks
The Esports World Cup began in Paris on July 8 with an opening ceremony at La Seine Musicale. The event runs through August 23 and features nearly $75 million in prize money across 24 games.
cnbc.combusiness1 day ago
Saudi Arabia Considers East-West Pipeline Expansion by 2 Million Barrels Daily
Saudi Arabia is evaluating an increase of up to 2 million barrels per day in the capacity of its East-West crude pipeline. The project would route additional volumes from eastern fields to the Red Sea terminal at Yanbu. Preliminary talks have included Kuwait and other neighbors.
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middleeasteye.netfinance2 days ago
Saudi Arabia Cuts Oil Prices to Asia by Up to $11 per Barrel After Record May Highs
Saudi Arabia reduced its official selling prices for crude oil to Asian customers by as much as $11 per barrel on July 6. Other Gulf exporters made deeper cuts to move stored barrels while Iranian supplies returned to the market. Weak Asian demand has shifted leverage toward buye…
pbs.orgworld2 days ago
Saudi Aramco Cuts Arab Light Price by $11 per Barrel for August
Saudi Aramco will sell Arab Light crude at a $1.50 discount to the benchmark, the first such move since 2020. The record reduction follows a surge in global supply after the mid-June US-Iran peace deal reopened the Strait of Hormuz.
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livemint.comworld2 days ago
UAE Non-Oil PMI Drops to 50.8 in June, Lowest Since February 2021
Semafor reported the UAE non-oil private sector PMI fell to 50.8 in June 2026. Employment declined at the fastest pace since 2020 while Saudi Arabia's reading rose to 53.3. Kuwait and Qatar stayed below the 50-point expansion threshold.
Semaforworld2 days ago
DarGlobal Sales Hold in Saudi Arabia but Fall in Dubai and Doha Amid Iran War
DarGlobal CEO Ziad El Chaar said demand for luxury homes stayed strong in Saudi Arabia and Spain this year. The Iran war reduced purchases in Dubai and Doha, with some buyers seeking 30% discounts that the developer rejected.
world4 days ago
Houthis Say Saudi Warplanes Targeted Iranian Plane Near Sanaa
Yemeni armed forces reported firing air-defense missiles at Saudi aircraft they said entered Yemeni airspace to block an Iranian civilian flight. The plane carried more than 200 passengers and later returned to Tehran.
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New York Postpolitics7 days ago
U.S. and Saudi Arabia reduce military cooperation after Iran war
The United States and Saudi Arabia have scaled back joint military activities following the Iran conflict and the temporary closure of the Strait of Hormuz. Officials told The Wall Street Journal that Riyadh restricted U.S. access to bases and airspace during the fighting.
winnipegfreepress.comsports7 days ago
WTA Finals Move to Indian Wells After Two Years in Riyadh
The WTA announced Thursday that the 2026 WTA Finals will be held in Indian Wells, California. The decision ends a two-year hosting arrangement with the Saudi Tennis Federation that began in 2024.
zerohedge.comworld10 days agoUpdated
Saudi Aramco Helicopter Crash in Ras Tanura Kills All 14 Aboard
A helicopter operated by Aramco crashed in Ras Tanura, Saudi Arabia, on Sunday morning, killing all 14 people on board. The victims were all Saudi nationals, and the Saudi Ministry of Energy opened an investigation.
pravdareport.compolitics13 days ago
Saudi Arabia Reopens Ras Tanura Oil Port After Four-Month Suspension
@MarioNawfal reported that Aramco resumed crude loadings at the world's largest oil port on June 26 following the U.S.-Iran ceasefire. Two supertankers were loading and a third was waiting. Exports had fallen sharply during the closure.
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theiranproject.comworld14 days ago
Saudi Arabia Set to Resume Oil Loadings at Two Persian Gulf Terminals After March Pause
Three Saudi-owned VLCCs are gathering near the Ju’aymah terminal ahead of potential loadings. The activity would mark the first known loadings since early March if it proceeds. Saudi Arabia is the world’s top oil exporter.
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japantimes.co.jpfinance16 days ago
Saudi Arabia Bought 1.23 Million Tons of Russian Fuel Oil in May
Saudi Arabia remained the largest buyer of Russian fuel oil last month even as overall Russian shipments declined. The imports rose sharply after production shut-ins began in March amid the Hormuz crisis.
middleeasteye.netfinance21 days ago
Saudi Refinery Operating at 70% Capacity After April Drone Strikes
A Saudi Arabian refinery hit by drones in April will not return to full operations until early 2027. TotalEnergies CEO Patrick Pouyanné told France’s National Assembly the 460,000-barrel-per-day SATORP facility is still running at 70% capacity.
Euronewssports21 days ago
Four Seasons Opens Wellness Resort on Saudi Red Sea Coast
Four Seasons has opened a 202-key wellness resort at Triple Bay on the Red Sea. The property offers spa treatments, fitness facilities, and wellness programs alongside standard resort amenities.
middleeasteye.netfinance22 days ago
TotalEnergies Saudi Refinery Hit by Drones, Operating at 70 Percent Capacity
A TotalEnergies refinery in Saudi Arabia sustained drone strikes and continues to run below full capacity. The chief executive said repairs are unlikely to finish before early 2027.
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benzinga.comfinance24 days ago
SpaceX stock rises 19% on first trading day
Kingdom Holding Co. shares increased as much as 5% after the value of its SpaceX stake reached $6.8 billion. The Saudi investment firm holds 42.4 million shares in the rocket company.
espn.co.ukworld26 days ago
Saudi Arabia’s Growth Catalyst Closes $96 Million Fund
Growth Catalyst closed its first fund since the start of the Iran war. The firm plans to more than double the fund size within six months.
headforpoints.comworld29 days ago
Saudi Arabia Launches Delayed Second State Carrier Riyadh Air With Inaugural Flight to London
The new airline, owned by the Public Investment Fund, began operations after more than a year of delays. It forms part of efforts to expand Riyadh into a global aviation hub.
juststartinvesting.combusiness29 days ago
Mutlaq Al-Ghowairi Contracting Co Pulls $799M IPO After Attracting Full Demand, Citing Strategic Priorities
The Saudi contractor pulled its share sale despite covering demand, marking the first major IPO scrapped since the Iran war began in February.
Fox Newssports30 days ago
Saudi PIF to End LIV Golf Funding After 2026 Season After Injecting Nearly $6 Billion
The Saudi Public Investment Fund will stop funding LIV Golf after this year. Four events remain on the 2026 schedule.
Semaforworld31 days ago
Saudi NEOM to Spend $16B Canceling Contracts While Allocating $11B for OXAGON and Utilities Through 2030
Saudi authorities plan to spend 60 billion riyals terminating long-term NEOM agreements from 2026 to 2030, exceeding planned new construction spending at the site.
loyaltylobby.comworld33 days ago
Riyadh Air Receives First Boeing 787s Years Behind Schedule, Plans July 1 Launch Amid Regional Conflict
Saudi Arabia’s new national carrier received its initial Dreamliners on Friday and opened bookings for its first commercial route to London Heathrow.
japantimes.co.jpsports34 days ago
Saudi Sports Chief Turki Al-Sheikh in Talks to Buy Stake in Derby County
The 44-year-old chairman of Saudi Arabia's General Sports Authority is pursuing investment in the Championship club. The independent football regulator must approve any deal.
indianexpress.comfinance34 days ago
Saudi Energy Minister Calls for Stability in Global Oil Markets
Saudi Energy Minister Prince Abdulaziz bin Salman met with Russian Deputy PM Alexander Novak and urged stability in energy markets. Ongoing conflicts in Iran and Ukraine have disrupted supplies and raised oil prices.
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rte.iescience36 days ago
1.7 Million Attend Hajj Pilgrimage in Mecca
More than 1.7 million people completed the annual Hajj in Mecca last week. Temperatures exceeded 100 degrees Fahrenheit during the spring event, which historically occurs in cooler months.
en.antaranews.comworld36 days ago
Saudi Arabia Raises Film Production Rebates to 60%, Among World's Most Generous, Despite Collection Challenges
The kingdom increased cash-back incentives last month to draw international shoots to its varied landscapes. Producers report ongoing difficulties collecting the funds.
rediff.comworld38 days ago
Iran Conducts Strikes on Kuwaiti Territory; Gulf States Condemn Attack
Kuwait and Saudi Arabia condemned recent Iranian strikes on Kuwaiti territory. The attacks targeted a site officials linked to prior incidents on Sirik Island.
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Bloombergfinance39 days ago
Mutlaq Al-Ghowairi Contracting Co. Shareholders Plan Saudi IPO
Shareholders of Saudi Arabia’s Mutlaq Al-Ghowairi Contracting Co. plan to raise as much as 3 billion riyals through an initial public offering in Riyadh. The listing would mark the Gulf’s first major IPO of 2026.
apnews.comworld43 days ago
Saudi Arabia Uses Drones to Deliver Medical Supplies at Hajj
With temperatures reaching 45C in Mecca, health workers have turned to drones to restock 127 clinics treating heat-stressed pilgrims. The technology supplements traditional cooling methods during the annual hajj.
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Abc Newsworld43 days ago
Muslim Pilgrims Gather on Mount Arafat for Hajj Peak
Hundreds of thousands of Muslim pilgrims assembled on Mount Arafat in Saudi Arabia on Tuesday for the Day of Arafah, the spiritual high point of the annual Hajj pilgrimage. The gathering marks the second official day of the multi-day ritual, one of the five pillars of Islam.
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pakistantoday.com.pkworld44 days ago
Kaaba Draped in 670 kg Silk Kiswah for Hajj Pilgrimage
More than 1.5 million pilgrims began the annual Hajj in Mecca on 25 May 2026. The Kaaba is covered by a black silk cloth called the Kiswah that weighs about 670 kg and is embroidered with gold and silver thread.
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upi.compolitics44 days ago
Saudi Crown Prince Said Ready to Recognize Israel if King Approves
The Saudi crown prince told an evangelical leader that he would recognize Israel immediately if not for his father's opposition. The statement was made privately during a conversation reported by Jerusalem Post.
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rte.ieworld45 days ago
Saudi Arabia Uses Technology to Manage Hajj Pilgrimage
Saudi authorities have introduced AI systems, mobile applications, and infrastructure upgrades to handle crowd flow and services during the annual Hajj. The measures include surveillance tools, real-time apps, and cooling road coatings at key sites.
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citizen.co.zaworld45 days ago
Heat Remains Main Challenge for Hajj Pilgrims in Mecca
Pilgrims in Mecca continue to face high temperatures during the annual Hajj. The heat challenge follows more than 1,300 deaths reported during the 2024 pilgrimage.
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citizen.co.zaworld46 days ago
Temperatures near 47°C in Mecca as Hajj begins 24 May
Pilgrims used umbrellas for shade while temperatures reached nearly 47°C during the annual Hajj pilgrimage. Saudi authorities increased covered space at the Holy Mosques by five times compared with 2024.
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pakistantoday.com.pkpolitics48 days ago
More Than 1.2 Million Muslims Gather in Mecca for Hajj
Over 1.2 million pilgrims have arrived in Saudi Arabia for the multi-day hajj pilgrimage that begins Monday. The gathering takes place under a fragile ceasefire amid ongoing regional tensions following Iranian attacks on Gulf targets.
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Semaforworld48 days ago
Saudi Arabia's NEOM Delays The Line Project Until After 2030
NEOM has postponed further work on The Line, a planned 170-kilometer development, until after 2030. The decision follows a strategic review and reflects shifts in spending priorities by Saudi Arabia's Public Investment Fund.
Semaforworld48 days ago
Iran War Disrupts Saudi Economic Diversification Plans
Saudi Arabia has ordered government entities to freeze payments to strategy advisers, management consultants, and law firms. The move comes as the Iran war affects the kingdom's efforts to reduce reliance on oil.
Semaforworld48 days ago
Saudi Arabia Orders Government Agencies to Freeze Consultancy Payments
Saudi Arabia has directed government ministries and entities to halt payments to strategy advisers, management consultants, and law firms through the end of June. The instruction covers existing contracts and new hiring at agencies including the Public Investment Fund.
bbc.co.ukfinance49 days ago
Saudi Arabia Backs Regional Peace Efforts
Saudi Arabia's foreign minister stated support for initiatives seeking lasting peace in the region and globally. The announcement came via an official post on X.
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espn.co.ukfinance49 days ago
Saudi Arabia Calls for Urgent Iranian Response to Mediation Efforts
Saudi Arabia stated it hopes Iran will respond promptly to ongoing mediation efforts aimed at preventing further escalation in the region. The statement comes amid heightened tensions between the two countries.
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news.sky.comworld50 days ago
Iraq Condemns Drone Attacks on Saudi Arabia and Distances Itself From Militias
Iraq condemned recent drone attacks on Saudi Arabia and pledged cooperation in the investigation. The country also moved to distance itself from Iranian-backed militias amid U.S. pressure.
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world51 days ago
Nearly Two Million Muslims Prepare for Annual Hajj Pilgrimage Beginning May 25
Nearly two million Muslims are preparing to travel to Mecca, Saudi Arabia, for the annual Hajj pilgrimage that begins on May 25. The five-day observance is the fifth pillar of Islam and is required once in a lifetime for adult Muslims who are physically and financially able.
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en.rfi.frpolitics54 days ago
French Judge to Investigate Complaint Against Saudi Crown Prince Over Khashoggi Killing
A French investigative magistrate will examine a complaint filed by rights groups against Saudi Arabia and Crown Prince Mohammed Bin Salman regarding the 2018 killing of journalist Jamal Khashoggi. The move follows a court of appeal decision that cleared the way for the case afte…
america.cgtn.comfinance55 days ago
Saudi Arabia Proposes Non-Aggression Pact With Iran
Saudi Arabia has discussed the idea of a non-aggression pact between Middle East states and Iran as part of talks with allies on managing regional tensions after the US-Israeli war with Iran ends. Riyadh is considering the 1970s Helsinki Process as a model. Diplomats said the reg…
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theedgemarkets.comfinance56 days ago
Saudi Aramco Seeks at Least $10 Billion in Real Estate Sale and Leaseback
Saudi Aramco is pursuing a sale and leaseback transaction for its real estate assets that could raise at least $10 billion. The deal would include the company's residential community in Saudi Arabia's Eastern Province. OilPrice.com reported the plans on Wednesday, citing sources…
Substrate placeholder — needs reviewfinance56 days ago
Saudi Arabia Continues Support for Regional De-Escalation
The Saudi foreign minister said his country remains committed to efforts aimed at reducing tensions in the region. He stressed the importance of restoring normal shipping operations through the Strait of Hormuz. The comments were reported by @LiveSquawk on May 13, 2026.
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Nbc Newsworld56 days agoUpdated
Saudi Arabia Conducts Airstrikes on Iran
Saudi Arabian Air Force carried out tit-for-tat strikes on Iran in response to Iranian attacks on Saudi oil, civilian and military sites in late March, Reuters reported citing Iranian and Western officials. The strikes occurred during the war and follow similar retaliatory action…
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manilatimes.netpolitics58 days ago
Saudi National Orchestra Joins Andrea Bocelli for Concert at Rome’s Temple of Venus and Roma
The tenor joined 32 Saudi musicians and 30 local youth orchestra members last Friday in a concert hosted by the Saudi Ministry of Culture. The program featured a new commission exploring centuries of cultural exchange between Saudi Arabia and Italy. Bocelli has previously met Pre…
Substrate placeholder — needs reviewfinance63 days ago
Saudi Arabia Denies Authorizing U.S. Use of Bases or Airspace for Strait of Hormuz Escort Operation
Saudi Arabia has denied the United States access to its military bases and airspace for a proposed shipping protection operation in the Strait of Hormuz. The decision forced the cancellation of the plan. Saudi Arabia's $1 trillion sovereign wealth fund separately opened a second…
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Substrate placeholder — needs reviewfinance63 days ago
Trump Cancels Project Freedom After Saudi Arabia Denies Airspace and Base Access
President Trump suspended the military escort operation for commercial ships in the Strait of Hormuz days after announcing it, following Saudi Arabia's decision to block U.S. use of its airspace and bases. The reversal came after a phone call with Saudi Crown Prince Mohammed bin…
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CNBCfinance63 days ago
Lucid Group Aligns 2026 Production with Demand as New CEO Reviews Operations
Lucid Group suspended its prior target of 25,000 to 27,000 vehicles for 2026 while incoming CEO Silvio Napoli evaluates the business for greater cost efficiency. The EV maker reported first-quarter 2026 revenue of $282.5 million and a loss per share of $3.46, citing supplier issu…
japantimes.co.jpworld66 days ago
UAE Withdraws From OPEC; Iran Fires Missiles
The United Arab Emirates withdrew from OPEC on May 1 to pursue national interests, prompting ADNOC to accelerate $55 billion in investments. Three days later, Iran launched 19 weapons at the UAE, which intercepted them all. The move highlights tensions with Saudi Arabia and shift…
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azernews.azfinance66 days ago
OPEC+ Countries Agree to Boost Oil Output by 188,000 Barrels Per Day in June
Seven OPEC+ nations, including Saudi Arabia and Russia, decided to implement a production increase from prior voluntary cuts amid ongoing market reviews. The adjustment aims to support stability while allowing flexibility based on conditions. The move follows a virtual meeting on…
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247wallst.comworld67 days ago
OPEC+ Raises June Oil Output Quota by 188,000 Barrels Per Day
OPEC+ raised oil production quotas for June by 188,000 barrels per day during an online meeting, involving seven key members but excluding the United Arab Emirates after its recent exit. The decision comes against a backdrop of output shortfalls and disruptions from the Mideast w…
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Japan Timesworld67 days ago
Saudi Arabia Ends Funding for LIV Golf After Five Seasons and Over $5 Billion Invested
Saudi Arabia has ended its involvement with LIV Golf, the oil-funded tour that operated for five seasons. The exit, confirmed on Thursday, follows investments exceeding $5 billion and aims achieved in elevating the kingdom's global profile. Experts indicate this does not signal a…
Semaforpolitics70 days ago
UAE Withdraws from OPEC Effective May 1
The United Arab Emirates has announced its formal exit from OPEC starting May 1, 2026, aiming to pursue independent oil production strategies. The move highlights ongoing tensions with Saudi Arabia over quotas and reflects broader shifts in global energy markets driven by U.S. sh…
Responsible Statecraftworld71 days ago
UAE Withdraws From OPEC
The United Arab Emirates has announced its formal withdrawal from OPEC effective May 1, citing a desire to increase oil output beyond cartel constraints. The move highlights growing tensions with Saudi Arabia and aligns with U.S. interests in lower oil prices during the Iran war.…
Responsible Statecraftworld71 days ago
UAE Withdraws From OPEC
The United Arab Emirates announced its formal withdrawal from OPEC on May 1, 2026, citing production quota constraints and geopolitical differences with Saudi Arabia. The move positions the UAE to increase oil output once regional conflicts subside. Experts note implications for…
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