Saudi Arabia

Spending spree ensures Asian Champions League spotlight falls on Saudi clubs

By Michael Church HONG KONG, Sept 17 (Reuters) - Five times UEFA Champions League winner Cristiano Ronaldo will begin his quest to add another continental title to his resume on…

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Saudi clubs spent almost $1 billion in transfer window, trailing only Premier League

Saudi Pro League (SPL) clubs splashed out almost one billion dollars in the transfer window in a bid to boost the domestic competition by attracting some of the world's leading…

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How the Saudis became a top shareholder in Telefonica, Spain’s telecoms giant

By Hadeel Al Sayegh, Andres Gonzalez and Belén Carreño DUBAI/MADRID, (Reuters) - Jose Maria Alvarez-Pallete, chairman and chief executive of debt laden Spanish telephone and internet service company Telefonica, got…

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Putin, Saudi’s prince: oil supply cuts ensure stable energy market – Kremlin

MOSCOW, Sept 6 (Reuters) - The Kremlin on Wednesday said that Russian President Vladimir Putin had spoken by phone with Saudi Crown Prince Mohammed bin Salman, and that recent agreements…

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Italy, Saudi Arabia sign deal to boost investments

By Francesca Landini and Giuseppe Fonte MILAN, Sept 4 (Reuters) - Italy and Saudi Arabia signed an agreement on Monday to boost economic relations and investments deemed of strategic importance,…

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Mancini to be appointed Saudi Arabia’s new coach – Ansa

(Reuters) - Former Italy boss Roberto Mancini will be the new coach of the Saudi Arabia national team, Ansa news agency reported on Sunday. Mancini will leave for Riyadh on…

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Saudi Arabia eyes world stage after BRICS invitation

China-led expansion calls for counterweight to West Saudi-U.S. ties strained over energy policy Washington concerned about non-dollar oil sales Iran, Egypt, UAE, Argentina, Ethiopia join BRICS By Yousef Saba and…

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Saudi Arabia considers Chinese bid for nuclear plant -WSJ

Saudi Arabia is considering a Chinese bid to build it a nuclear power plant, the Wall Street Journal reported on Friday, a decision that could derail U.S. plans in the…

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China says Jeddah talks on Ukraine helped to ‘consolidate international consensus’

By Laurie Chen BEIJING, Aug 7 (Reuters) - China's foreign ministry said on Monday that international talks in Saudi Arabia at the weekend on finding a peaceful resolution to the…

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Kremlin says it needs to understand aims of Ukraine talks reportedly planned in Saudi Arabia

MOSCOW, July 31 (Reuters) - The Kremlin said on Monday it needed to find out the purpose of upcoming talks reportedly planned in Saudi Arabia about the war in Ukraine.…

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Saudi Arabia buys Turkish drones during Erdogan’s visit

Saudi Arabia agreed on Tuesday to buy Turkish drones, one of several lucrative contracts President Tayyip Erdogan secured for Turkey's struggling economy as Ankara reaps the benefits of his recent…

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Saudi Arabia imports record Russian fuel oil in June as trade grows

By Jeslyn Lerh SINGAPORE (Reuters) - Saudi Arabia imported record volumes of discounted Russian fuel oil in June, a near 10-fold annual increase to meet summer power generation demand and…

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Two dead after exchange of fire near US consulate in Jeddah

A man with a firearm was stopped near the American Consulate building in Jeddah before an exchange of fire broke out with the security authorities, which led to his death, Saudi Press Agency…

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Defying high prices, Muslim pilgrims head to Mecca for haj

By Arafat Barbakh MECCA, Saudi Arabia, June 26 (Reuters) - Palestinian pilgrim Abu Anas Abu Rahal was hoping to find cheaper lodgings for a week-long stay in Islam's holiest sites…

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Saudi Arabia economy grew 3.8% boosted by non-oil activities

DUBAI, June 8 (Reuters) - Saudi Arabia's economy grew by 3.8% year on year in the first quarter of 2023, the General Authority for Statistics said on Thursday, broadly in…

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Saudi population at 32.2 mln, 63% of Saudis under 30 years old -census

RIYADH, May 31 (Reuters) - The population of Saudi Arabia has reached 32.2 million, 42% of whom are foreign nationals with 63% of Saudis under age 30, the country's general…

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Then and now: How Arab states changed course on Syria

May 19 (Reuters) - President Bashar al-Assad's attendance at an Arab Summit in Saudi Arabia on Friday is the result of big policy shifts by Arab states that once backed…

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UPDATED: Syria’s Assad to attend Arab summit, bringing regional isolation to an end

By Aziz El Yaakoubi JEDDAH, Saudi Arabia, May 19 (Reuters) - Syrian President Bashar al-Assad is in Saudi Arabia on Friday to attend an Arab summit where he will rub…

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ANALYSIS: Qatar takes diplomatic back seat as Saudi flexes political muscle

Qatar loses diplomatic clout as Saudi influence grows Doha-based Syria diplomatic mission only revolutionary embassy Arab leaders set to welcome Assad gov't back in Friday summit By Andrew Mills DOHA,…

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Sudan’s warring parties to meet for talks in Saudi Arabia

RIYADH, May 6 (Reuters) - Sudan's warring parties were set to meet on Saturday in the Saudi Red Sea city of Jeddah for talks, Riyadh and Washington said, as international…

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Iran invites Saudi king to visit Tehran

DUBAI, April 17 (Reuters) - Iran has officially invited Saudi Arabia's king to visit the country, an Iranian Foreign Ministry spokesperson said on Monday, after the two regional rivals agreed…

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Saudi to unilaterally release detainees to Yemen following prisoner swap

DUBAI, April 17 (Reuters) - Saudi Arabia on Monday will release a number of detainees to Yemen, the International Committee of the Red Cross said, in a unilateral move that…

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Saudi Arabia, Syria welcome thaw in ties, agree to fight drug trafficking

RIYADH, (Reuters) - Saudi Arabia and Syria's foreign ministers welcomed a thaw in bilateral ties, including steps to resume consular services and flights, and agreed to cooperate to fight drug…

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Saudi-Iranian ties: A history of ups and downs

DUBAI, April 6 (Reuters) - The foreign ministers of Iran and Saudi Arabia met in China for the first formal meeting of their most senior diplomats in more than seven…

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UPDATED: Tehran, Riyadh top envoys meet in Beijing, discuss diplomatic ties

BEIJING/DUBAI, April 6 (Reuters) - The foreign ministers of Iran and Saudi Arabia met in Beijing for the first formal meeting of their most senior diplomats in more than seven…

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Top Saudi, Iranian diplomats to meet in China

RIYADH, April 5 (Reuters) - The top envoys for Saudi Arabia and Iran will meet in Beijing on Thursday, an Iranian official and a Saudi-owned newspaper said, as the two…

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Egypt’s Sisi visits Saudi Arabia amid financial pressure, regional realignment

RIYADH (Reuters) - Egyptian President Abdel Fattah al-Sisi visited Saudi Arabia on Sunday, Saudi state news agency SPA said, as Cairo seeks financial inflows to ease pressure on its currency…

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Saudi Arabia to invite Syria’s Assad to Arab leaders summit

RIYADH/BEIRUT, April 2 (Reuters) - Saudi Arabia is planning to invite Syrian President Bashar al-Assad to an Arab League summit that Riyadh is hosting in May, three sources familiar with…

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Saudi, Iranian foreign ministers to meet during Muslim holy month

March 27 (Reuters) - Saudi Foreign Minister Prince Faisal bin Farhan Al Saud and his Iranian counterpart, Hossein Amirabdollahian, have agreed to meet during the ongoing Muslim holy month of…

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After Iran, Saudi Arabia to re-establish ties with Syria

Saudi Arabia, Syria cut ties more than a decade ago Agreement on reopening embassies follows Saudi-Iran deal BEIRUT/RIYADH, (Reuters) - Syria and Saudi Arabia have agreed to reopen their embassies…

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Iran proposes locations to Saudi Arabia for FM meeting

DUBAI, March 19 (Reuters) - The Iranian government has proposed to Saudi Arabia three locations for a meeting at foreign minister level, Iran's foreign minister said on Sunday, citing the…

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Saudi investment in Iran could happen ‘very quickly’ after agreement – minister

By Rachna Uppal RIYADH, March 15 (Reuters) - Saudi Arabia's finance minister, Mohammed al-Jadaan, said on Wednesday that Saudi investments into Iran could happen "very quickly" following an agreement. "There…

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Iran and Saudi Arabia agree to resume ties, re-open embassies

March 10 (Reuters) - Iran and Saudi Arabia have agreed to re-establish diplomatic relations after talks in Beijing between officials from the two rival Middle East powers, Iranian state media…

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Saudi Arabia deposits $5 bln in Turkey’s central bank

DUBAI, March 6 (Reuters) - Saudi Arabia has signed an agreement with Turkey to deposit $5 billion in the country's central bank through the Saudi Fund for Development (SFD), the…

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Arab states need new approach towards Syria, says Saudi foreign minister

DUBAI, Feb 19 (Reuters) - Saudi Arabia's foreign minister said consensus was building in the Arab world that isolating Syria was not working and that dialogue with Damascus was needed…

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Ronaldo scores four goals to pass 500 in club career

(Reuters) - Cristiano Ronaldo scored four goals for Al Nassr in the Saudi Pro League on Thursday to reach the career milestone of 500 club goals. The Portugal international, who…

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Saudi minister warns sanctions, underinvestment may cause energy shortages

DUBAI, Feb 5 (Reuters) - Saudi Energy Minister Prince Abdulaziz bin Salman warned on Saturday that sanctions and underinvestment in the energy sector could result in a shortage of energy…

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Saudi Arabia stays top crude supplier to China in 2022, Russian barrels surge

LONDON/SINGAPORE, Jan 20 (Reuters) - Russia remained China's second-largest source of crude oil in 2022, following repeat top supplier Saudi Arabia, as Chinese refiners snapped up low-cost Russian barrels while…

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Lewandowski off the mark as Poland close in on last 16

AL RAYYAN, Qatar (Reuters) - Robert Lewandowski scored his first ever World Cup goal as Poland brought Saudi Arabia back down to earth with a bump on Saturday with an…

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Saudis stun Messi’s Argentina with 2-1 comeback win

LUSAIL, Qatar (Reuters) - Unheralded Saudi Arabia notched one of the biggest shocks in World Cup history on Tuesday with a 2-1 win over Lionel Messi's Argentina thanks to a…

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Iran warns Saudi Arabia ‘our strategic patience’ may run out

DUBAI (Reuters) - Iran's intelligence minister told its regional rival Saudi Arabia on Wednesday that there is no guarantee of Tehran continuing its "strategic patience," according to semi-official Fars news…

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Saudi Arabia considers new mining index in diversification push

(Reuters) - Saudi Arabia is considering setting up a new metals and mining stock exchange index as it looks to expand its resources sector to diversify away from hydrocarbons, a…

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Saudi Arabia signals mining focus as it looks to diversify

SYDNEY, Nov 2 (Reuters) - Saudi Arabia plans to award over a dozen mining exploration licences to international investors as it looks to enter the mining sector in a big…

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Saudi finance minister says next six months ‘very good’ for Gulf

RIYADH, (Reuters) - Saudi Arabia's finance minister said the next six months, and possibly six years, would be "very good" for the Gulf Arab countries but "very difficult" for the…

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Saudi king Salman says kingdom seeks stability and balance in oil markets

RIYADH (Reuters) - Saudi King Salman said the kingdom was working hard to support stability and balance in oil markets, including by establishing and maintaining the agreement of the OPEC+…

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Saudi finance minister: COVID, geopolitical tensions impacted food and energy security

Oct 14 (Reuters) - Saudi Arabia's Finance Minister Mohammed al-Jadaan said on Friday he explained in a G20 meeting that concerns regarding COVID-19 and its variants, in addition to geopolitical…

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Saudi Arabia says OPEC+ oil cut ‘purely economic’

(Reuters) - Saudi Arabia rejected as "not based on facts" statements criticising the kingdom after an OPEC+ decision last week to cut its oil production target despite U.S. objections, saying…

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Biden vows consequences for Saudi Arabia after OPEC decision

WASHINGTON (Reuters) - President Joe Biden pledged "there will be consequences" for U.S. relations with Saudi Arabia after OPEC+ announced last week that it would cut oil production over U.S.…

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OPEC+ oil output cut shows widening rift between Biden and Saudi royals

WASHINGTON/LONDON, Oct 8 (Reuters) - The OPEC+ organization's decision this week to cut oil production despite stiff U.S. opposition has further strained already tense relations between President Joe Biden's White…

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U.S. reviewing ‘response options’ on Saudi relations after OPEC+ cuts, Blinken says

LIMA, (Reuters) - The United States is reviewing various options regarding its relationship with Saudi Arabia after Riyadh and other OPEC+ nations agreed this week to large cuts in oil…

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Zelenskiy calls for punishment of Russia including loss of U.N. veto; Russia, Ukraine announce prisoner swap

NEW YORK/KYIV, Sept 22 (Reuters) - President Volodymyr Zelenskiy demanded a special United Nations tribunal impose "just punishment" on Russia for its invasion of Ukraine, including financial penalties and stripping…

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Saudi overtakes Russia to be India’s No. 2 oil supplier in August

(Reuters) - Saudi Arabia emerged as the second-biggest oil supplier to India after a three-month gap, overtaking Russia by a thin margin, while Iraq retained the top spot in August,…

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Saudi consumer prices up 3% in August on higher food, transport

DUBAI, Sept 15 (Reuters) - Saudi Arabia's consumer price index (CPI) rose 3% in August from a year earlier, official data showed on Thursday, accelerating from a 2.7% increase in…

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Saudi non-oil private sector gathers pace in August – PMI

DUBAI, Sept 5 (Reuters) - Saudi Arabia's non-oil private sector expanded in August at its fastest rate since October last year, as business activity was boosted by improving demand conditions,…

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Europe’s Wizz Air considering a Saudi operating license

RIYADH, Aug 25 (Reuters) - European budget carrier Wizz Air is considering basing an airline in Saudi Arabia as part an agreement signed with the government this year to develop the kingdom's…

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Iran says cooperation with Riyadh can help restoring regional peace

DUBAI, Aug 22 (Reuters) - Iran said on Monday that talks with Saudi Arabia was a separate matter from talks to revive Tehran's 2015 nuclear pact, adding that cooperation between…

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Photo Story: Saudi Crown Prince Mohammed bin Salman leads annual Kaaba washing ceremony

A handout photo made available by Saudi Royal Court shows Saudi Crown Prince Mohammed bin Salman as he leads the annual washing ceremony of the Holy Kaaba on behalf of…

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