Latest Riyadh News

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...

Saudi Arabia, Yemen’s Houthi rebels in indirect peace talks

Nov. 13, 2019 12:51 PM EST

SANAA, Yemen (AP) — Saudi Arabia and Yemen’s Iran-backed rebels are holding indirect, behind-the-scenes talks to end the devastating five-year war in Yemen, officials from both sides have told The Associated Press. The negotiations are taking place with Oman, a Gulf Arab country that borders both...

Performers wounded in knife attack on stage in Saudi Arabia

Nov. 11, 2019 11:30 PM EST

RIYADH, Saudi Arabia (AP) — Two men and a woman were wounded in a knife attack Monday evening as they performed on stage in a park in the Saudi capital of Riyadh, marking the first such incident since the kingdom began loosening restrictions on entertainment. Saudi broadcaster al-Ekhbariya reported that...

Correction: Yemen story

Nov. 7, 2019 3:20 AM EST

CAIRO (AP) — In a story Nov. 5 about the signing of a power-sharing deal in Yemen, The Associated Press reported erroneously that Yemen's President Abed Rabbo Mansour Hadi has been in exile since 2014. He fled Yemen in 2015. A corrected version of the story is below: Yemen's government, separatists sign...

US filmmaker Oliver Stone praises Putin for role in Syria

Oct. 30, 2019 1:19 PM EDT

RIYADH, Saudi Arabia (AP) — American filmmaker Oliver Stone on Wednesday praised Russian President Vladimir Putin as a "stabilizing force" in the Middle East, particularly in Syria as Moscow fills a void left by U.S. forces pulling out and leaving behind their Kurdish allies. Stone, the 73-year-old...

Right-wing Brazil president gives fiery Saudi Arabia speech

Oct. 30, 2019 6:44 AM EDT

RIYADH, Saudi Arabia (AP) — Brazil's president launched a fiery defense of his far-right government on Wednesday during a visit to Saudi Arabia, blasting international criticism of his handling of blazes this summer in the Amazon that drew worldwide attention over global warming fears. Speaking before the...

Saudi energy minister: Saudi Aramco's public offering 'soon'

Oct. 30, 2019 6:29 AM EDT

RIYADH, Saudi Arabia (AP) — A planned stock offering of a small part of state-run oil giant Saudi Aramco "will come soon" and only at the direction of Saudi Arabia's crown prince, the kingdom's energy minister said Wednesday, further underlining the power of the 34-year-old royal. The minister, Prince...

Report: Saudi Aramco shares to start trading in December

Oct. 29, 2019 2:09 PM EDT

RIYADH, Saudi Arabia (AP) — A long-delayed initial public offering of the state-run oil giant Saudi Aramco will see its shares traded on Riyadh's stock exchange in December, a Saudi-owned satellite news channel reported Tuesday as the kingdom's showcase investment forum began. The report by Dubai-based...