Latest Riyadh News

Saudi stock offering creates world's most valuable company

Dec. 11, 2019 5:01 PM EST

RIYADH, Saudi Arabia (AP) — Saudi Arabian oil company Aramco surpassed Apple as the world's most valuable public company Wednesday when its shares made their debut on the Saudi stock exchange, part of an ambitious shift away from the very fossil fuels the country's economy depends on. The shares' 10%...

Joshua set to defend heavyweight titles at Tottenham stadium

Dec. 8, 2019 5:31 PM EST

RIYADH, Saudi Arabia (AP) — Anthony Joshua is set for a London homecoming to start his second reign as world heavyweight champion, with his next fight likely to take place at the recently built stadium of Premier League soccer club Tottenham. Joshua reclaimed his WBA, WBO and IBF titles early Sunday with a...

Saudi restaurants no longer need to segregate women and men

Dec. 8, 2019 12:27 PM EST

RIYADH, Saudi Arabia (AP) — Women in Saudi Arabia will no longer need to use separate entrances from men or sit behind partitions at restaurants in the latest measure announced by the government that upends a major hallmark of conservative restrictions that had been in place for decades. The decision,...

‘Sportswashing’ fears dog Ruiz-Joshua fight in Saudi Arabia

Dec. 6, 2019 3:25 PM EST

RIYADH, Saudi Arabia (AP) — In one part of Riyadh, two of the world’s most high-profile boxers squared off at a weigh-in outside a 5-star hotel ahead of the first heavyweight title fight to take place in the Middle East. Across town, American rappers Akon and Chris Brown were about to headline a...

Ruiz even heavier for his heavyweight rematch with Joshua

Dec. 6, 2019 12:18 PM EST

RIYADH, Saudi Arabia (AP) — World heavyweight champion Andy Ruiz Jr. will be nearly 50 pounds heavier than Anthony Joshua for their title rematch on Saturday in Saudi Arabia. Ruiz weighed in at 283 pounds (128 kilograms) on Friday — about 15½ pounds (7 kilograms) more than he was for the first...

AP Interview: Joshua out to regain aura, belts in rematch

Dec. 4, 2019 7:27 AM EST

Anthony Joshua didn't just lose three world heavyweight titles and an undefeated record when he was beaten by Andy Ruiz Jr. in one of boxing's biggest upsets in a generation. He lost his aura, his growing sense of invincibility. So Joshua has had to reinvent himself, strip everything back and, in a sense, start...

Gulf Cooperation Council meeting to be held in Saudi Arabia

Dec. 1, 2019 10:14 PM EST

DUBAI, United Arab Emirates (AP) — A regional body of Arab Gulf states will hold its annual meeting in Saudi Arabia next week. The Gulf Cooperation Council said late Sunday it will meet in Riyadh on Dec. 10. It’s the group’s 40th summit. The meeting had been scheduled to be held in the United...

UN envoy to Yemen says momentum to end the war is building

Nov. 22, 2019 2:50 PM EST

UNITED NATIONS (AP) — The U.N. envoy for Yemen said Friday the momentum to end the country’s devastating five-year war is building, pointing to a nearly 80 percent drop in airstrikes nationwide in the last two weeks, a strengthened cease-fire in the key port of Hodeida, and the beginning of the kind...

Yemeni government back in Aden under deal with separatists

Nov. 18, 2019 9:35 AM EST

ADEN, Yemen (AP) — Yemen’s internationally recognized government returned to the war-torn country on Monday for the first time since it was forced out by southern separatists during clashes last summer. Prime Minister Maeen Abdulmalik Saeed landed in the southern port city of Aden, fulfilling a key...

Saudi Aramco seeks record-setting IPO with value up to $1.7T

Nov. 17, 2019 1:12 PM EST

DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-owned oil giant Aramco announced Sunday it will sell a 1.5% stake in the company as it looks to raise as much as $25.6 billion from the sale, potentially becoming the most-valuable initial public offering in history. The newly released figures...