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  • IEA to convene major international energy security summit in London, hosted by UK government

    The IEA will convene an International Summit on the Future of Energy Security in the second quarter of 2025, hosted by the UK government in London, to assess the existing and future risks facing the global energy system and to prioritise the solutions and opportunities available for addressing them.

  • Oil prices fall as weak demand overshadows Libya blockade

    Brent oil prices slid in Asian trade on Tuesday as concern about a sluggish economy in China bringing down demand outweighed the impact of a blockade of oil production facilities in Libya. Brent crude futures were down 37 cents, or 0.48%, to $77.15 a barrel by 0156 GMT. U.S. West Texas Intermediate crude , which did not have a Monday settlement because of the U.S. Labour Day holiday, was 28 cents up from its Friday close of $73.55.

  • US military says Yemen’s Houthis attacked two crude oil tankers in Red Sea

    Yemen's Iran-backed Houthi rebels attacked two crude oil tankers - the Saudi-flagged Amjad and the Panama-flagged Blue Lagoon I - in the Red Sea on Monday, the U.S. military said, calling the assaults "reckless acts of terrorism". The Houthis late on Monday claimed responsibility for targeting the Blue Lagoon with multiple missiles and drones but did not make any mention of the Saudi tanker. The U.S. Central Command said the Houthis attacked the two tankers with two ballistic missiles and a one-way attack uncrewed aerial system, hitting both vessels.

  • Stars gear up for Saudi Arabia Masters – all you need to know

    The inaugural event which has been given the unofficial title of being the sport’s ‘fourth major’ by organisers, is the biggest ever staged outside the UK in the sport’s history, with a £2.3m prize fund and £500,000 winner’s cheque available - equal to the amount on offer at the Crucible in Sheffield.

  • International Saudi Falcons and Hunting Exhibition to Welcome Visitors in October

    The Saudi Falcons Club will organize the International Saudi Falcons and Hunting Exhibition from October 3 to 12 at the Riyadh Exhibition and Convention Center in Malham, north of Riyadh, an event expected to draw over 400 exhibitors from 45 countries. This year's exhibition will be held on an impressive 60,000 square meters; it is designed to cater to visitors of all ages.

  • Saudi Fund for Development Celebrates 50 Years of Global Impact with Over $20 Billion in Development Contributions

    The Saudi Fund for Development (SFD) celebrated its 50th anniversary in Riyadh today, under the theme "50 Years of Global Impact." The event brought together key development partners to reflect on the SFD’s significant contributions to sustainable development worldwide. Over the past five decades, the SFD has allocated over $20 billion, financing more than 800 development projects and programs in vital sectors, including social infrastructure (education, healthcare, water and sewage, and housing and urban development), communication and transportation (roads, railways, airports and seaports), energy, agriculture, mining and industry, and others.

  • King Salman reconstitutes Shoura Council and Council of Senior Scholars

    Saudi Arabia's Grand Mufti Sheikh Abdul Aziz Al-Sheikh has been reappointed chairman of the Council of Senior Scholars while Sheikh Abdullah Al-Sheikh was reinstated as speaker of the Shoura Council, the Saudi Press Agency reported. Mishaal Al-Salami was re-named deputy speaker of Shoura Council while Dr. Hanan Al-Ahmadi was re-appointed assistant speaker. The 150-member Shoura Council has been reconstituted for a period of four years effective from Friday, Rabi Al-Awwal 3, 1446, corresponding to Sept. 6, 2024.

  • Yemen’s STC steps up effort to achieve global recognition

    The Southern Transitional Council (STC) is the most organized fighting force in the south of Yemen. Following the onset of the Ansarullah movement’s attacks on commercial shipping, starting in Nov. 2023, the STC has been actively positioning itself on the global stage as a disciplined defender against the group—better known as the Houthis—and as a key player in securing the Red Sea and the Gulf of Aden.

  • Netanyahu pushes back against new pressure over Gaza and hostages: ‘No one will preach to me’

    Israeli Prime Minister Benjamin Netanyahu on Monday pushed back against a new wave of pressure to reach a cease-fire deal in Gaza after hundreds of thousands of Israelis protested and went on strike and U.S. President Joe Biden said he needed to do more after nearly 11 months of fighting.

  • Saudi’s New Railways Law Further Enhances the Kingdom’s Rail Infrastructure Projects

    The Kingdom recently published its new Railways Law, which took effect this summer and is designed to support the large pipeline of cross-country, inner-city, and inter-city rail infrastructure projects. The Transport General Authority (TGA) is due to publish the implementing regulations to the new Railways Law imminently.