Saudi Arabia News
Latest articles and news about Saudi Arabia on AXL Media.
Latest Articles
- Saudi Industry Minister Hails "Strategic" Türkiye Ties; Predicts Regional Strength Amid Supply Chain Shifts
Published: May 1, 2026
Section: Middle East
Saudi Arabia's Minister for Industry and Mineral Resources, Bandar Alkhorayef, has described the relationship between Riyadh and Ankara as "strategic," signaling a major expansion...
- Tennis Faces Financial Uncertainty as Saudi Arabian Investment Is Scaled Back Across Multiple Sports
Published: May 1, 2026
Section: Sports
The professional tennis landscape is bracing for a significant financial shift following reports that Saudi Arabia’s Public Investment Fund (PIF) is withdrawing its extensive suppo...
- United Arab Emirates to Exit OPEC on May 1 as Geopolitical Tensions and Production Limits Fracture Cartel
Published: Apr 30, 2026
Section: Middle East
The United Arab Emirates announced its formal withdrawal from OPEC and the OPEC+ alliance on Tuesday, April 28, 2026, effective May 1. Following years of production quota friction...
- Saudi Arabia Grants Fifty Annual Scholarships to Nigerian Students for Petroleum and Mineral Studies
Published: Apr 28, 2026
Section: Africa
The Federal Government of Nigeria praised the Kingdom of Saudi Arabia for providing 50 fully funded scholarships at King Fahd University of Petroleum and Minerals. The initiative,...
- Saudi Arabia Joins United Nations Legal Subcommittee in Vienna to Shape Global Space Governance and Sustainability
Published: Apr 28, 2026
Section: Africa
A joint Saudi delegation participated in the 65th session of the UN Legal Subcommittee on outer space to address regulatory challenges regarding space resources and traffic managem...
- SAMA Launches Open Banking Licensing to Accelerate Saudi Arabia’s Transition Into a Global Fintech Powerhouse
Published: Apr 24, 2026
Section: Middle East
The Saudi Central Bank (SAMA) has officially commenced the licensing of fintech companies to provide open banking services, marking a major milestone following the successful compl...
- MENA Startup Funding Plummets 37% to $941 Million as Geopolitical Instability Chills Venture Capital Sentiment
Published: Apr 24, 2026
Section: Middle East
Venture capital investment in the Middle East and North Africa (MENA) fell sharply to $941 million in the first quarter of 2026, marking a significant year-on-year decline driven b...
- Zelensky Returns to Saudi Arabia for Strategic Security Talks Amid Expanding Regional Conflict
Published: Apr 24, 2026
Section: Middle East
Ukrainian President Volodymyr Zelensky is arriving in Saudi Arabia today for his second high-level summit with Crown Prince Mohammed bin Salman in 60 days. The visit focuses on exp...
- President Bola Tinubu Pledges Support for Gulf Nations Amid Rising Regional Volatility
Published: Apr 24, 2026
Section: Africa
At a diplomatic ceremony in Abuja, President Bola Tinubu reaffirmed Nigeria’s solidarity with Saudi Arabia, Qatar, and other Gulf partners affected by the ongoing US,Israel conflic...
- Zelenskyy Secures Landmark ‘Drone Deal’ With Saudi Arabia, Qatar, and UAE to Counter Iranian Shahed Threats
Published: Apr 23, 2026
Section: Europe
Ukrainian President Volodymyr Zelenskyy announced the signing of three major security agreements with Gulf nations on Thursday, specifically targeting the low-cost production of in...
- Zelenskyy and Antonio Costa Move to Unblock Landmark €90 Billion European Support Package
Published: Apr 22, 2026
Section: Europe
President Volodymyr Zelenskyy held critical talks with European Council President Antonio Costa to finalize the release of a stalled €90 billion financial aid package. Following th...
- Georgios Donis Finalizes Saudi National Team Appointment After Exit from Al-Khaleej
Published: Apr 22, 2026
Section: Sports
Greek tactician Georgios Donis has reached a formal financial settlement with Al-Khaleej, clearing the path for his appointment as the new head coach of the Saudi Arabian national...