Saudi Arabia

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Transfer spending by football clubs reaches record high in 2023

Transfer spending by football clubs reaches record high in 2023

Clubs worldwide spent a record $9.63 billion on international transfers in 2023, an increase of nearly 50% compared to 2022, FIFA said. After transfer spending fell in 2020 and 2021 due to the financial impact of the COVID-19 pandemic, …

Tbilisi and Riyadh to sign intergovernmental council deal

Tbilisi and Riyadh to sign intergovernmental council deal

Georgian Foreign Minister Ilia Darchiashvili is on a visit to Saudi Arabia to hold a meeting with his Saudi counterpart Prince Faisal bin Farhan.  The meeting will see the two officials sign an agreement on the creation of an …

Riyadh to help Baku in demining Karabakh

Riyadh to help Baku in demining Karabakh

The Saudi Arabian government will provide financial support to humanitarian demining activities in Azerbaijan, according to the Azerbaijan National Agency for Mine Action (ANAMA). "The government of Saudi Arabia …

Why US and UK attack Yemen?

Why US and UK attack Yemen?

US and British armed forces attacked targets linked to the Houthis, the Ansar Allah rebel movement, tonight. Washington and London said the strikes were "defensive in nature". Iran described the attack as a violation of Yemen's sovereignty. Russia has requested a meeting of the UN Security Council.

OPEC+ states intend to stabilize oil market

OPEC+ states intend to stabilize oil market

The Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, reaffirmed their commitment to unity, full cohesion and market stability following Angola's departure announcement from the group. …

Putin and Saudi crown prince conclude talks in Riyadh

Putin and Saudi crown prince conclude talks in Riyadh

Russian President Vladimir Putin and the Saudi prime minister, Crown Prince Mohammed bin Salman Al Saud, have concluded tasks in Riyadh. The meeting, which took place at the Al Yamamah Palace, addressed the development of bilateral …

Putin makes historic visit to Arabian Peninsula

Putin makes historic visit to Arabian Peninsula

Russian President Vladimir Putin has arrived in Abu Dhabi on a working visit today, where he will hold talks with his Emirati counterpart, President of the United Arab Emirates Sheikh Mohamed bin Zayed Al Nahyan. The Russian leader …

Kremlin confirms Putin's visits to UAE and Saudi Arabia

Kremlin confirms Putin's visits to UAE and Saudi Arabia

Russian President Vladimir Putin will pay working visits to the United Arab Emirates (UAE) and Saudi Arabia on December 6, Kremlin Spokesman Dmitry Peskov said. According to the spokesman, the visists are expected to last no longer …

OPEC+ mulls new oil production cuts

OPEC+ mulls new oil production cuts

OPEC+ members are considering new oil production cuts of as much as 1-2 million barrels a day, the Wall Street Journal reported. Saudi Arabia favors curb of up to 1 million barrels a day, while other membersm including Nigeria and …

Armenia and Saudi Arabia establish diplomatic relations

Armenia and Saudi Arabia establish diplomatic relations

Armenia and Saudi Arabia established diplomatic relations, the Armenan Foreign Ministry reported. "On November 25, a protocol on the establishment of diplomatic relations was signed between the Republic of Armenia and …

Saudi Arabia calls not to arm Israel

Saudi Arabia calls not to arm Israel

Due to the ongoing escalation in the Gaza Strip, Saudi Arabia has called on the international community to stop supplying arms to Israel. This was stated by the Crown Prince of the country.

Saudi's Aramco to become FIFA's biggest sponsor

Saudi's Aramco to become FIFA's biggest sponsor

Saudi Arabian state-owned oil giant Aramco is "set to complete a significant sponsorship deal" with FIFA that would make it one of the governing body's "top-tier partners" in a relationship that is set to last until …