South Korea will be pushing for a spot in the AFC Asian Cup quarterfinals ahead of facing Saudi Arabia in the Round of 16 on January 30. Despite their pre-tournament tag as potential winners, South Korea scraped through the group stages, with just one win from three matches in Group E. Saudi Arabia topped Group … Read more
JERUSALEM — A liquor store has opened in Saudi Arabia for the first time in over 70 years, a diplomat reported Wednesday, a further socially liberalizing step in the once-ultraconservative kingdom that is home to the holiest sites in Islam. While restricted to non-Muslim diplomats, the store in Riyadh comes as Saudi Arabia’s assertive Crown … Read more
In a break from long standing religious tradition, Saudi Arabia is set to open its first ever liquor store within a few weeks. The decision—led by Saudi Crown Prince Mohammed bin Salman—is historic for the kingdom, which has enforced stringent prohibition measures against alcohol since it was first banned in 1952. The consumption of alcohol … Read more
Spirits on display in a UK bar in Cardiff, United Kingdom. Matthew Horwood | Getty Images News | Getty Images Saudi Arabia has opened its first alcohol store in the diplomatic quarter of its capital Riyadh, two sources told CNBC. The news, which has not been officially confirmed by the Saudi government, marks a major … Read more
JERUSALEM — Saudi Arabia’s top diplomat has said the kingdom will not normalize relations with Israel or contribute to Gaza’s reconstruction without a credible pathway to a Palestinian state—a nonstarter for Israel’s government. Prince Faisal bin Farhan’s remarks in an interview with CNN broadcast late Sunday were some of the most direct yet from Saudi … Read more
A pop-up showcasing Saudi Arabia’s Neom development features among the most prominent on the Davos promenade in 2024. CNBC DAVOS, Switzerland — For years, the United Arab Emirates has been the Middle East’s go-to tech hub, thanks partly to its lack of personal income tax, flexible visa policies, and competitive incentives for international businesses and … Read more
Former President Donald Trump defended his businesses accepting payments from foreign governments during a Fox News town hall on Wednesday. The comments came in response to a Jan. 4 report from House Oversight Committee Democrats finding that the former president had received at least $7.8 million in payments from foreign governments, including China and Saudi Arabia, … Read more
Saudi Arabia nearly doubled the estimate for the value of its mineral resources and is seeing lucrative deals signed during its Future Minerals Forum held in Riyadh this week, ministers told CNBC. Estimates for the kingdom’s untapped mineral reserves have jumped from $1.3 trillion in a 2016 forecast to $2.5 trillion, according to Saudi Mineral Resources … Read more
U.S. Secretary of State Antony Blinken waves as he boards an aircraft during his departure from Washington to travel to the Middle East, amid the Israel-Hamas conflict, at Joint Base Andrews, Maryland, U.S., January 4, 2024. Evelyn Hockstein | Reuters DUBAI, United Arab Emirates — U.S. Secretary of State Antony Blinken is due to meet … Read more
Conor McGregor recently issued a fiery callout to boxing legend Manny Pacquiao amidst an ongoing legal dispute between the pair. The Irishman electrified the audience at the ‘The Day of Reckoning’ boxing event in Riyadh, Saudi Arabia, which was co-headlined by heavyweight boxing sensations Anthony Joshua and Deontay Wilder. In a recent interview with iFL … Read more