Saudi Arabia’s Crown Prince Mohammed bin Salman Gives Interview to Asharq Alawsat, Addresses Iran Aggression

Saudi Arabia's Crown Prince Mohammed bin Salman gave an interview to the Saudi-owned, London-based Asharq Alawsat newspaper and discussed recent attacks on oil tankers and on the Kingdom's southern border, saying Saudi Arabia does not want a war in the region.

Saudi Arabia

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MBS Interview: We Don’t Want War but We Won’t Hesitate in Dealing with Any Threat

In an interview with Asharq Al-Awsat, the Crown Prince said that the Kingdom “supported the re-imposition of US sanctions on Iran out of our belief ...


Energy Security

Saudi Energy Minister calls for collective effort to secure shipping lanes

“But sea lanes of global trade need to be protected collectively by other powers as well. We believe that’s happening, but we need to make ...


Gulf Coast Growth Ventures

Exxon Mobil, Saudi Arabia’s Sabic to build petrochems plant in Texas

Saudi Basic Industries Corporation (Sabic) has obtained the necessary approvals to set up the petrochemical joint venture Gulf Coast Growth Ventures project with US oil and gas ...


Saudi Stock Market

Foreigners Bolster Saudi Stocks as Tension in the Gulf Rises

Total stock ownership by international investors in Riyadh is about 6.6%, including stakes in traded companies, trailing neighbors with the emerging-market index classification. Foreigners from ...


U.S.-Saudi Relations

US Senate Scrutinizes Saudi, UAE Arms Sales

Later this week, the U.S. Senate is expected to mount an effort to block an $8 billion arms sale to Saudi Arabia and the United ...



Germany exports weapons to Saudi-led alliance in 2019

The German government has given the green light for arms shipments worth over €1 billion so far this year to the Saudi-led coalition fighting in ...


Vision 2030

Saudi crown prince says to finalise $533 mln privatisation deals this year

Saudi Arabia’s crown prince said on Sunday that the government will finalise privatisation deals worth 2 billion riyals ($533 million) before the end of this ...


Aramco IPO

Saudi Crown Prince Says Aramco’s Planned IPO Is On Track

“We are committed to the Aramco IPO, given the proper circumstances and the right time,” the crown prince said in an interview with Asharq Al ...


Banking and Finance

RBS Sees Positive Financial Impact From Merger of Saudi Banks

Royal Bank of Scotland Group Plc said the merger of Alawwal Bank and Saudi British Bank would release capital that will have a positive and ...


Yemen Civil War

Yemen’s Houthis launch new attack on Saudi Arabia’s Abha airport

emen's Houthi movement launched a new drone attack targeting the Abha regional airport in southern Saudi Arabia, the group's Al-Masirah TV said on Monday. ...


Umrah Pilgrims

Saudi Arabia issues more than 7.65m visas for Umrah pilgrims

The number of Umrah visas issued this year has reached 7,650,736, of which 7,393,657 pilgrims have arrived in the Kingdom, according to data provided by ...


Car Imports

Car imports by Saudi Arabia drop by 20.5% last year

Saudi Arabia's car imports have come down by about 20.5 percent in 2018 to reach 440,922 from 554,581 during the same period the previous year, ...


FIFA Women's World Cup

FIFA calls on Saudis to stop illegal Women’s World Cup television feeds

FIFA has called on Arabsat, the Saudi-backed satellite broadcaster, to stop transmitting pirated feeds of Women's World Cup games from a Qatari network in an ...


Alawwal-Sabb Merger

Sabb completes merger with Alawwal Bank creating third-largest Saudi lender

Saudi Arabia’s Alawwal Bank formally merged on Sunday with Saudi British Bank (Sabb) to create the third-biggest lender by assets in the kingdom. “Following regulatory and ...



Saudi Arabia launches probe into ‘halal’ nightclub

The ‘halal’ disco, which allowed men and women to dance in the same venue, was temporarily shut down on June 13. ...


Haramain High Speed Railway

Saudi Arabia’s Haramain Rail stations: Pictures

Each station can accommodate more than 20,000 hourly commuters, and the facilities have been designed to link with other local transport networks, including the Foster ...


Saudi +

Regional and related topics

Tanker Attacks

Pompeo tries rallying foreign leaders in alleged oil attacks

Pompeo, in a series of Sunday television interviews, emphasized the U.S. international outreach in the wake of what the U.S. says were Iranian attacks Thursday ...



Iran Announces Further Scaling Back On Nuclear-Deal Compliance

A spokesman for the Iranian Atomic Energy Organization said on state television on June 17 that the country will exceed the limit for its uranium ...


Iran in the Region

Iran’s Elite Defense Force Finds New Funding Sources as Tension Rises With U.S.

The clout of the Islamic Revolutionary Guard Corps, a group founded to protect the nation’s security but which has expanded to include construction, banking and ...



Iran, Russia talks raise hopes of progress on OPEC+ meeting date

The Organization of the Petroleum Exporting Countries and partners including Russia, an alliance known as OPEC+, have been considering since last month moving the date ...


Paris Air Show

A big fall in aircraft orders is expected at this year’s Paris Air Show

THE PARIS AIR SHOW, which began on June 17th, is the largest event of its type in the world. Aerospace and defence firms flock to ...



Jinn is the first Middle Eastern Netflix Original

“The freedom Netflix gives producers really allows us to delve deep into the nature of storytelling and bring Arabic stories to life,” says Elan Dassani ...


Middle East Peace

Opinion: Bahrain workshop on Palestinian economy is the opportunity of a generation

This is exciting -- an opportunity of a generation. We are grateful to the Kingdom of Bahrain for extending the invitation to us to host ...



Egypt, Israel Agree on $500 Million Fine to End Gas Dispute

Egypt reached a settlement agreement with state-owned Israel Electric Corp. to pay a reduced fine for halting deliveries of natural gas, ending a dispute that ...


Cyber Warfare

U.S. Escalates Online Attacks on Russia’s Power Grid

Advocates of the more aggressive strategy said it was long overdue, after years of public warnings from the Department of Homeland Security and the F.B.I. ...


Tanker War

The US and Iran have engaged in deadly combat before over Gulf tanker attacks. Here’s what happened

Iraq first targeted Iran's shipping and by 1984 attacked Kharg Island, a crucial oil-tanker-loading terminal for Iran. Its air force also attacked ships in the ...


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