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SAUDI ARABIA BREAKING NEWS
JPMorgan Expands EMEA Corporate Banking and Plans Major Regional Hiring
People arrive to the JPMorgan Chase & Co., headquarters in New York City, U.S., April 1, 2026. REUTERS/Eduardo Munoz LONDON, July 15, Saudi Arabia Breaking News — JPMorgan is expanding its corporate banking operations across Europe, the Middle East and Africa as the US lender seeks to increase revenue and capture market share from regional banks. The bank plans to hire 30 senior bankers across EMEA by the end of 2026, James Roddy, JPMorgan’s head of global corporate banking,
Jul 152 min read
Trump Renews Threat to Strike Iran’s Bridges and Power Plants
Trump Renews Threat to Strike Iran’s Bridges and Power Plants WASHINGTON, July 15, Saudi Arabia Breaking News — US President Donald Trump renewed his threat to strike bridges and power plants in Iran unless Tehran returns to negotiations, warning that attacks on the infrastructure could begin next week. “Next week it gets really bad for them, because next week comes the power plants. Next week comes the bridges,” Trump told Fox News on Tuesday. Trump said Iran should reach an
Jul 152 min read
IRGC Claims Simultaneous Missile and Drone Strikes on Bahrain and Kuwait Bases
IRGC Claims Simultaneous Missile and Drone Strikes on Bahrain and Kuwait Bases PARIS, July 14, Saudi Arabia Breaking News — Iran’s Islamic Revolutionary Guard Corps said it launched simultaneous missile and drone attacks against military bases in Bahrain and Kuwait on Tuesday. The IRGC claimed the strikes destroyed several facilities storing weapons and components for “enemy” vessels and aircraft at Sheikh Isa Air Base in Bahrain. In Kuwait, the Revolutionary Guards said they
Jul 141 min read
Trump Drops 20% Strait of Hormuz Cargo Fee, Cites Gulf Investment Deals
Trump Drops 20% Strait of Hormuz Cargo Fee, Cites Gulf Investment Deals WASHINGTON, July 14, Saudi Arabia Breaking News — US President Donald Trump abandoned plans to charge commercial vessels a 20% reimbursement fee on cargo passing through the Strait of Hormuz, saying the proposed levy would be replaced by trade and investment agreements with Gulf states. The reversal came one day after Trump announced that the fee would compensate the United States for providing maritime s
Jul 141 min read
Trump Announces Blockade Targeting Iranian Ships and 20% Charge on Other Cargo
WASHINGTON, July 13, Saudi Arabia Breaking News — US President Donald Trump said Monday that the United States would reinstate a blockade targeting Iranian shipping in the Strait of Hormuz and charge other commercial vessels 20% of their cargo value for passage. “The Hormuz Strait is OPEN, and will remain OPEN, with or without Iran,” Trump wrote on Truth Social. “We are reinstating the THE IRANIAN BLOCKADE, so named because it is only stopping Iran’s ships or customers from e
Jul 131 min read
Bahrain, Kuwait and Jordan Respond to Aerial Threats as Iran Announces Regional Strikes
Bahrain, Kuwait and Jordan Respond to Aerial Threats as Iran Announces Regional Strikes RIYADH, July 13, Saudi Arabia Breaking News — Bahrain, Kuwait and Jordan responded to aerial threats early Monday after Iran announced a new series of strikes across the region in retaliation for US attacks on Iranian territory. Warning sirens were activated in Bahrain, while Kuwait’s military said it was responding to “hostile aerial targets.” Jordan’s armed forces intercepted four missil
Jul 131 min read
Oman and Jordan Report Drone and Missile Attacks as US-Iran Strikes Continue
Oman and Jordan Report Drone and Missile Attacks as US-Iran Strikes Continue AMMAN/MUSCAT, July 12, Saudi Arabia Breaking News — Oman and Jordan reported drone and missile attacks on Sunday as the United States and Iran exchanged another round of strikes. Three missiles launched from Iranian territory landed at several locations in Jordan early on Sunday, the Jordan News Agency reported, citing a military source. “No human casualties were reported, and damage was limited to m
Jul 121 min read
Iran says it struck U.S.-linked targets after American airstrikes, Bahrain condemns drone attack
Iran says it struck U.S.-linked targets after American airstrikes, Bahrain condemns drone attack RIYADH, June 27 (Saudi Arabia Breaking News) - Iran said on Saturday it had struck targets linked to U.S. forces in response to U.S. airstrikes on its southern coast, as Tehran and Washington continued to accuse each other of violating last week’s agreement meant to end a four-month-old war. Iran’s foreign ministry did not identify the locations of what it described as defensive a
Jun 271 min read
UN seeks to restart Strait of Hormuz ship evacuations
The Callisto tanker sits anchored as the traffic is down in the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Muscat, Oman, March 10, 2026. REUTERS/Benoit Tessier RIYADH, June 26 (Saudi Arabia Breaking News) — The United Nations is working with countries to resume the evacuation of hundreds of ships and thousands of stranded seafarers from the Strait of Hormuz after the effort was halted earlier this week, a senior U.N. maritime official said on Friday. The I
Jun 262 min read
Oman says Strait of Hormuz to remain open without tolls
A vessel anchored at the Strait of Hormuz, as seen from Musandam, Oman, May 29, 2026. REUTERS MUSCAT, Oman, June 24 — Oman said it would keep the Strait of Hormuz open to shipping without imposing tolls and has designated two temporary routes to support the safe passage of vessels departing the region. The temporary maritime corridors were established in coordination with the International Maritime Organization amid heightened security risks in the strategic waterway. Oman sa
Jun 242 min read
UAE President Sheikh Mohamed bin Zayed Meets Egypt’s El-Sisi in Cairo
UAE President Sheikh Mohamed bin Zayed Meets Egypt’s El-Sisi in Cairo | 📷WAM CAIRO, June 15 (Saudi Arabia Breaking News) - UAE President Sheikh Mohamed bin Zayed Al Nahyan met Egyptian President Abdel Fattah El-Sisi during a fraternal visit to Egypt, WAM reported. The two leaders discussed relations between the UAE and Egypt and cooperation across various sectors, particularly development-related fields. They also reviewed opportunities to strengthen ties in support of mutua
Jun 151 min read
Iran Says Memorandum of Understanding With U.S. Has Never Been Closer
Iran's foreign minister Abbas Araghchi in Istanbul, Turkey, on June 22, 2025.Ozan Kose/AFP/Getty Images RIYADH, June 12 (Saudi Arabia Breaking News) - A memorandum of understanding between Iran and the United States has “never been closer,” Iranian Foreign Minister Abbas Araghchi announced on Friday, while cautioning against speculation over the content of the agreement. Araghchi wrote on X that media outlets should avoid speculation until the agreement is finalized. He added
Jun 121 min read
Bahrain Reports Interception of Iranian Missile and Drone Attacks
Bahrain Reports Interception of Iranian Missile and Drone Attacks RIYADH, June 10 (Saudi Arabia Breaking News) - Bahrain’s Defence Force reported on Wednesday that it intercepted a number of Iranian strikes, as regional attacks widened following U.S. military action against Iran. The Defence Force condemned missile and drone attacks targeting civilians in Bahrain and described them as a violation of international humanitarian law. Iran’s Islamic Revolutionary Guard Corps earl
Jun 101 min read
Jordan Intercepts Five Missiles Launched From Iran Toward Al-Azraq Area
Jordan Intercepts Five Missiles Launched From Iran Toward Al-Azraq Area RIYADH, June 10 (Saudi Arabia Breaking News) - Jordanian armed forces intercepted and shot down five missiles launched from Iran toward the al-Azraq area on Wednesday, the military reported. Debris from the interception operation fell on Jordanian territory, without causing injuries or material damage. The announcement followed earlier reports that Iran’s Revolutionary Guards had targeted four sites at th
Jun 101 min read
Kuwait Reopens Airspace After Temporary Closure
Kuwait Reopens Airspace After Temporary Closure KUWAIT, June 6 (Saudi Arabia Breaking News) — Kuwait reopened its airspace on Saturday after a temporary precautionary closure following Iranian ballistic missile attacks on the country. The Public Authority of Civil Aviation activated emergency procedures to ensure the safety of passengers, air crews and civil aviation facilities. The closure lasted from 4:15 a.m. to 6:15 a.m. During the closure, 11 Kuwait Airways and Jazeera A
Jun 61 min read
Middle East States Condemn Iranian Attacks on Bahrain and Kuwait
Middle East States Condemn Iranian Attacks on Bahrain and Kuwait DUBAI, June 3 (Saudi Arabia Breaking News) — Several Middle Eastern countries condemned Iranian attacks on Bahrain and Kuwait after dozens of people were injured and at least one person was killed. Kuwait’s Foreign Ministry condemned the attacks, saying they targeted civilian and vital facilities and damaged a diplomatic mission. The ministry said the attacks increased escalation, heightened tension and undermin
Jun 31 min read
Iran Draft Ceasefire Proposal Still Under Review, Mehr Reports
Iran Draft Ceasefire Proposal Still Under Review, Mehr Reports PARIS, June 2 (Saudi Arabia Breaking News) — Iran’s final draft proposal for an interim ceasefire agreement with the United States remains under review in Tehran and has not been sent back to mediators, CNN reported, citing Iran’s semi-official Mehr News Agency. Mehr cited an unidentified informed source as saying no official response had yet been delivered. The source said Iran was approaching the issue with “ext
Jun 21 min read
Iran Warns Northern Israel Residents Over Possible Beirut Attack
Iran Warns Northern Israel Residents Over Possible Beirut Attack PARIS, June 1 (Saudi Arabia Breaking News) — Iran’s Khatam al-Anbiya Central Headquarters warned residents of northern Israel and military settlements to leave the area if Israel carries out a threatened attack on Beirut and its southern suburbs, CNN reported. The Iranian military headquarters accused Israeli Prime Minister Benjamin Netanyahu of threatening to bomb Beirut’s Dahieh district and the Lebanese capit
Jun 11 min read
Trump Names Tom Barrack Special Envoy to Syria and Iraq
Trump Names Tom Barrack Special Envoy to Syria and Iraq WASHINGTON, June 1 (Saudi Arabia Breaking News) — U.S. President Donald Trump said Tom Barrack, the U.S. ambassador to Türkiye, will also serve as special presidential envoy to Syria and Iraq. Trump said Washington was deepening its strategic engagement with Syria and Iraq. “Our relationship with them continues to grow,” Trump wrote on Truth Social. Barrack will remain ambassador to Türkiye and serve with the backing of
Jun 11 min read
KSrelief Distributes 25,000 Meals in Gaza
KSrelief Distributes 25,000 Meals in Gaza | Photography: SPA GAZA, June 1 (Saudi Arabia Breaking News) — The King Salman Humanitarian Aid and Relief Center distributed 25,000 hot meals to vulnerable groups in central and southern Gaza, the Saudi Press Agency reported. The meals were distributed through KSrelief’s central kitchen as part of the Saudi campaign to support Palestinians in the Gaza Strip. KSrelief said the initiative is part of Saudi Arabia’s ongoing humanitarian
Jun 11 min read
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