SYDNEY—After missing out on Lionel Messi, Saudi Arabian soccer team Al-Hilal made a record 300 million euro ($332 million) bid for Kylian Mbappe on Monday, an offer which could see the France striker join Cristiano Ronaldo in the oil-rich kingdom. Paris Saint-Germain confirmed the offer for its player and has given Al-Hilal permission to open…
PGA Tour and Saudi Wealth Fund Drop Poaching Clause From Agreement at Justice Department’s Request
The PGA Tour and the Saudi backers of LIV Golf responded to a Justice Department inquiry by dropping a provision in their agreement that would have prohibited the poaching of players, the PGA Tour said Thursday. The New York Times first reported the development, which stems from the Justice Department’s antitrust review that began last…
Ronaldo’s 1st Season in Saudi Arabia Ends With Injury
Cristiano Ronaldo missed the final matchday of the Saudi Pro League due to injury as his Al-Nassr team finished their season with 3–0 victory over Al-Fateh on Wednesday. The Portuguese forward decided not to sit on the bench for the frustrating end to his first season in Saudi Arabia after joining Al-Nassr in January on…
By Supporting China, Saudi Arabia Risks Secondary Sanctions
Commentary Saudi Arabia was China’s biggest oil supplier in April, according to the latest data released on May 20. China’s oil imports from the kingdom rose 2.9 percent year-to-date. Saudi oil imported into China in April totaled 8.46 million tons (2.06 million barrels per day). This exceeded the 7.12 million tons imported from Russia and 4.72 million…
Messi Apologises to PSG for Saudi Trip
Lionel Messi apologized to Paris St Germain and his team mates on Friday after being suspended for making a trip to Saudi Arabia earlier this week and missing a training session as a result. French media reported that Messi was suspended for two weeks after an unauthorized trip to Saudi Arabia when he was supposed…
PSG Suspends Messi for Unapproved Trip to Saudi Arabia
Lionel Messi was suspended by Paris Saint-Germain for taking a trip to Saudi Arabia without the club’s permission, a person with knowledge of the situation told The Associated Press on Tuesday. The person would not specify the length of the suspension, though French media reported it to be two weeks. The person spoke on condition…
Saudi Prince Gives 4 Percent Aramco Stake to Public Investment Firm
April 16, 2023
admin
AramcoBusiness & MarketsCompanieseconomyenergyGold and CommoditiesInvestmentMarketsMiddle EastSaudiWorld
0 Comment
DUBAI, United Arab Emirates—Saudi Arabia’s crown prince announced Sunday the transfer of a 4 percent stake of the oil giant Saudi Aramco to a subsidiary of the kingdom’s sovereign wealth fund, further boosting its coffers as the kingdom tries to expand its economy beyond oil. Crown Prince Mohammed bin Salman’s decision, announced by the state-run…
Saudi Arabia Joins Shanghai Cooperation Organization as Ties With China Grow
April 2, 2023
admin
ChinaChina Business & EconomyInternationalInternational RelationsMiddle EastpartnershipSaudiShanghaiUSWashingtonWorld
0 Comment
RIYADH—Saudi Arabia’s cabinet approved on Wednesday a decision to join the Shanghai Cooperation Organization, as Riyadh builds a long-term partnership with China despite U.S. security concerns. Saudi Arabia has approved a memorandum on granting the kingdom the status of a dialogue partner in the Shanghai Cooperation Organization (SCO), the state news agency SPA said. The…
Saudi Arabia Releases US National Almadi From Prison, Says Son
RIYADH—Saudi authorities released on Tuesday a U.S. citizen jailed for 19 years for posting criticism of the government on Twitter but he remains banned from travelling, his son said, as the kingdom moves to ease tension with the United States. Saad Ibrahim Almadi, 72, was jailed for 16 years by a criminal court in 2022…
Leclerc Set for 10 Place Grid Penalty in Saudi Arabia
Ferrari’s Charles Leclerc is set for a 10-place grid penalty in Saudi Arabia this weekend for exceeding his allocation of power unit control electronics, team boss Fred Vasseur said on Wednesday. The Monegasque retired from the season-opening race in Bahrain on March 5 with a loss of power, a failure blamed on the control electronics…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`