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Saudi Arabia and Formula One discussing F1 race

Saudi Arabia and Formula One are discussing the possibility of holding a race in the country, and team bosses have been asked for an opinion, sources said on Tuesday. The Times newspaper reported that Formula One and the 10 teams would seek reassurance on issues including human rights,...

Saudi Arabia deposits $250 million in Sudan central bank

Saudi Arabia has deposited $250 million into the central bank of Sudan to support its financial position, the Saudi Finance Ministry said in a statement on Tuesday. The deposit is part of a package with the United Arab Emirates worth $500 million announced in April. Both countries pledged...