Latest Saudi Arabia News

OPEC talks over cuts drag on, news conference delayed

Dec. 5, 2019 5:07 PM EST

VIENNA (AP) — The countries that make up the OPEC oil-producing cartel talked into the night Thursday over possible deep cuts to production that would support the price of fuel around the world. An OPEC spokesman told waiting journalists at 10 p.m. (2100 GMT) that an expected news conference would not take...

US considers sending several thousand more troops to Mideast

Dec. 5, 2019 4:22 PM EST

WASHINGTON (AP) — The Pentagon is considering sending several thousand additional troops to the Middle East to help deter Iranian aggression, amid reports of escalating violence in Iran and continued meddling by Tehran in Iraq, Syria and other parts of the region. John Rood, defense undersecretary for...

Saudi Aramco plans $25.6B share sale in biggest ever IPO

Dec. 5, 2019 4:08 PM EST

DUBAI, United Arab Emirates (AP) — Saudi Arabia's state-owned oil company Aramco on Thursday set a share price for its IPO — expected to be the biggest ever — that puts the value of the company at $1.7 trillion, more than Apple or Microsoft. The company said it will sell its shares at 32...

New dawn for boxing as Ruiz, Joshua set for Saudi rematch

Dec. 5, 2019 8:01 AM EST

The thick, sparkling ring on his right hand and the diamond-studded watch around his left wrist were indications of just how much life has changed for Andy Ruiz Jr. since he became world heavyweight champion. It was another part of his attire that really stood out, however, when the portly Mexican came face to...

US Navy seizes suspected Iranian missile parts set for Yemen

Dec. 4, 2019 5:47 PM EST

WASHINGTON (AP) — A Navy warship has seized a “significant cache” of suspected Iranian guided missile parts headed to rebels in Yemen, U.S. officials said Wednesday, marking the first time that such sophisticated components have been taken en route to the war there. The seizure from a small...

OPEC nations grapple with oversupply of oil

Dec. 4, 2019 3:04 PM EST

The world may be heading for an even greater oversupply of oil, and that possibility — which could drive down fuel and energy prices — is hanging over members of the OPEC cartel as they head into negotiations Thursday. The oil-producing nations will decide whether to stick with production cuts...

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...

Woods defends Mickelson’s choice to play in Saudi Arabia

Dec. 3, 2019 7:09 PM EST

NASSAU, Bahamas (AP) — Tiger Woods is defending Phil Mickelson and other top players who have signed up for the second edition of the Saudi International. The European Tour, and the players who took part, came under scrutiny last year for staging an event in Saudi Arabia because of its human rights record,...

Group: 5 more years of Yemen war to cost $29 billion in aid

Dec. 2, 2019 3:46 PM EST

CAIRO (AP) — Another five years of fighting in Yemen would cost as much as $29 billion just to sustain the current level of humanitarian aid, an international relief group said Monday, a sum that amounts to more than the entire annual humanitarian budget globally. The war in Yemen has killed over 100,000...

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...