saudi arabia

Riyadh Welcomes US-Ukraine Meeting in Jeddah Next Week

Saudi Arabia welcomed on Friday the planned meeting between the United States and Ukraine, to be held in Jeddah next week, according to a statement from the Ministry of Foreign Affairs. The Ministry underlined the Kingdom's “unrelenting efforts to achieve lasting peace and put an end to the Ukrainian crisis, which have been pursued over the ...

A Conflict Driven by External Powers?

Yemen, the stage of a multifaceted conflict, is at the heart of geopolitical rivalries that extend beyond its borders. Between deep internal divisions, regional interventions and the involvement of foreign powers, the situation is more complex than ever. While the country struggles to overcome its North-South fractures, it is also becoming a ...

Cabinet Approves 2025 Budget, Initiates Reforms

PM Nawaf Salam confirmed the 2025 budget’s approval and pledged reforms to ease its impact. Work on the 2026 budget is underway, and future Cabinet sessions will move to a new venue. Information Minister Paul Morcos highlighted Saudi Arabia’s reform-linked support for Lebanon and announced work on tax exemptions for war victims and new ISF ...

Lebanon Back Among Arab Nations

It’s an image that hasn’t been seen in years: a Lebanese president received with great pomp in Riyadh. President Joseph Aoun’s visit to Saudi Arabia, before heading to Cairo to participate in the Arab League summit, was brief but symbolically significant given the nearly decade-long chill in relations between the two countries. Aoun stated ...

Saudi Aramco Profits Drop 12%

Oil giant Saudi Aramco posted a drop in annual profits on Tuesday as lower prices and volumes hit the linchpin of the Kingdom's ambitious economic reform plans. The world's biggest crude exporter said profits were down more than 12% to $106.25 billion in 2024, the second annual drop following a surge in oil prices in 2022. Expected dividends for ...

Lebanese Sovereignty, Cooperation and Economic Recovery at the Heart of J. Aoun's KSA Discussions

Saudi Arabia and Lebanon stressed on Tuesday the importance of strengthening Arab cooperation and coordinating the two countries' positions on major regional and international issues. In a joint statement issued at the end of President Joseph Aoun's visit to Saudi Arabia, the two sides reaffirmed the need for the full implementation of the Taif ...

The Anticipated Return of Lebanese-Saudi Relations

Trade relations between Lebanon and Saudi Arabia have long been prosperous, with Lebanese exports reaching over $800 million per year and Saudi imports totaling $1.3 billion. However, political tensions have severely affected these exchanges, reducing their volume by more than half and causing a considerable loss of revenue for Lebanon. Could the ...

Lebanon Embraces Change as Aoun Presses for Hezbollah’s Inescapable Disarmament

There is no longer any doubt that the dramatic developments in Lebanon and the broader region have fundamentally shifted the balance of power, with no possibility of turning back. The wind of change is blowing softly, and those who wish to be part of the path to peace and stability in the Middle East must act quickly before it’s too ...

Aoun in Riyadh: "An Opportunity to Reaffirm Strength of Bilateral Ties"

President Joseph Aoun declared upon his arrival in Saudi Arabia on Monday, during his first official visit abroad: “it is an opportunity to reaffirm the depth of Lebanese-Saudi relations and to express appreciation for the role played by the Kingdom in supporting Lebanon’s stability, safety, and constitutional institutions.”   Aoun ...

The President in Riyadh: Back to the Fundamentals

The President in Riyadh: Back to the Fundamentals Two brief yet decisive statements that speak volumes: “Lebanon has endured enough from other people’s wars” (on its territory); “The decision of war and peace must rest solely with the state.” President Joseph Aoun has repeated these words on multiple occasions, capturing with striking ...