Berlin, Germany -- A delegation of Saudi Ministry of Industry and Mineral Resources, which visited Germany, discussed enhancing cooperation to develop human capacities in industry and mining with a number of German companies.The delegation from the ministry, headed by Deputy Minister of Industry and Mineral Resources for Human Capability Development,...

Saudi Arabia, shedding its conservative past, has ushered in a vibrant art and cinema era, with its box office revenue soaring to $250 million in 2022.

Argentina, Egypt, Iran, and Ethiopia are the four other member countries joining BRICS, underscoring its commitment to a more inclusive global stance, effective from January 2024.

The investment bank bought a 35% stake in Kuwaiti firm.

The meteorology center warned of further storms on Wednesday bringing rain, wind and thunder to the Mecca region and elsewhere in western Saudi Arabia.

Dubai, UAE -- The Gulf Cooperation Council countries were the top destinations for exports and re-exports of Dubai Chamber of Commerce member companies during the first half of 2023.The Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, said Saudi Arabia was named the top destination...

Riyadh, Saudi Arabia  -  Saudi Arabia and Germany have decided to strengthen cooperation in the industrial and mining sectors.  A delegation from Saudi Arabia's Ministry of Industry and Mineral Resources, led by Eng. Fares Al-Saqaabi, the Undersecretary of the Ministry for Human Capacity Development, engaged in a series of productive discussions...

The Saudi Pro League side came from behind to triumph 4-2 in the play-off at Mrsool Park, with Brazilian Anderson Talisca scoring twice and Croatia international Marcelo Brozovic rounding off the win. The result means Nassr, runners-up domestically last season, move into the group phase, which begins next month.

Washington, United States - The US National Security Advisor Jake Sullivan on Tuesday said that the prospect of a peace agreement between Israel and Saudi Arabia is not imminent. Speaking at a press briefing Sullivan indicated that substantial obstacles still need to be overcome before such an accord can be...

Riyadh, Saudi Arabia--The Saudi Esports Federation will launch the "Next World Forum" on August 30 and 31 in Riyadh, at the conclusion of the activities of the largest event for games and electronic sports in the world, "Gamers8: The Land of Heroes."The forum will discuss promising opportunities in the fast-growing...

Saudi Arabia's smart homes market is growing due to government backing, tech advancements, and evolving consumer tastes. As the Kingdom advances toward its Vision 2030 goals, the smart homes sector is poised to play an important role in shaping the country’s future urban landscape.

South Africa has revealed potential BRICS expansion plans at the Johannesburg summit, with keen interest shown by Middle Eastern nations, notably UAE and Saudi Arabia.

Mixed Martial Arts became popular in the kingdom since 2014, when it hosted the regional Desert Force competition.

Riyadh, Saudi Arabia -- Saudi Arabia has officially acceded to the United Nations Convention on Contracts for the International Sale of Goods (CISG) to become the 96th State that accedes to the Convention.Saudi Arabia became the 96th State Party to the Convention. The Convention will enter into force for Saudi...

Riyadh, Saudi Arabia – A total of 1,873 complaints were filed by travelers against air carriers in Saudi Arabia last month, according to the Kingdom’s General Authority of Civil Aviation (GACA).The GACA has released its monthly classification index for air transport service providers, based on the number of complaints filed...

Riyadh, Saudi Arabia - SRMG Ventures, the venture capital arm of the largest integrated media group in the MENA region, has invested $5 million in Anghami, the prominent music and entertainment streaming platform in MENA region. The music and audio sector in the MENA is projected to reach $700 million by...

The market has raised prices in response to Saudi production cuts, anticipating tighter supplies. This shows producers' efforts to prevent oil prices from dropping significantly.

Aim is administration of Employee Money Purchase schemes.

It claimed $600,000 prize at Gamers8 - The Land of Heroes.

Saudi Arabia has strongly rejected allegations made by Human Rights Watch that its border guards fired on Ethiopian migrants crossing from Yemen, killing hundreds since last year. The allegations, described as "unfounded" by a Saudi government source, point to an escalation of abuses along the perilous route from the Horn...

Damascus, Syria - Syria's reentry into the Arab League in May was anticipated to herald positive changes for the country's fortunes. Diplomatic relations warmed, with a normalization agreement signed with Saudi Arabia and a tense, Russia-brokered meeting between Turkish and Syrian foreign ministers. However, despite these diplomatic strides, Syria's economic...

Riyadh, Saudi Arabia - Saudi authorities have issued a clear warning to businesses operating within the country: settle your outstanding taxes promptly or brace yourself for substantial fines. The call comes from Saudi Arabia’s Zakat, Tax and Customs Authority (ZATCA), which has taken a strong stance on enforcing tax compliance.The...

Amid Russian-Ukrainian war, Europe aims to diversify its energy sources, with Gulf countries like Qatar, UAE, Oman, and Saudi Arabia offering alternative natural gas options.

RIYADH, SAUDI ARABIA -  The National Development Fund (NDF) on Sunday said it will contribute US$453 million (SAR1.7 billion) to the US$2.2 billion (SAR8.3 billion), 2.6 GW Al Shuaibah solar project that is to be carried out by the National Infrastructure Fund (under establishment).This is one of the world’s largest...

Tokyo, Japan -- Japan is preparing to hold a foreign ministers' meeting with the six member states of the Gulf Cooperation Council in Saudi Arabia in early September, a report said.Japan's Kyodo News said the meeting comes as Japan aims to strengthen relations with oil-producing countries in the Middle East...

The Saudi Pro League has a years-long commitment from the kingdom's rulers in its goal to become one of the world's top competitions, chief operating officer Carlo Nohra said. Nohra was speaking at Al-Hilal's unveiling of Brazilian superstar Neymar, who joins Cristiano Ronaldo, Karim Benzema and a host of other...

Riyadh, Saudi Arabia -- The Afro-Arab Esports League, which opened Saturday in Saudi Arabia, will see participation from over 25 national teams. These teams will compete for three days in a variety of tournaments tailored for both men and women, covering popular games such as eFootball and Valorant.The inauguration ceremony...

RIYADH, SAUDI ARABIA - Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud, Prime Minister and Chairman of KAUST Board of Trustees, launched on Sunday a new strategy of the university.The strategy aims to transform research into economically productive innovations by focusing on the national priorities for research, development, and...

Dubai, UAE -- The Arab Brazilian Chamber of Commerce (ABCC) recorded a surge of 8 percent in Brazilian exports to the Arab world during the first seven months of 2023, totaling to $10.61 billion, compared to $9.825 billion in the same period in 2022.Brazilian exports to the the kingdom totaled...

Saudi Arabia's football clubs continue to win over global stars with Serbian forward Aleksandar Mitrovic becoming the latest player to join Al Hilal. The club is reported to have negotiated a $64 million deal for the 28-year-old. The Premier League club confirmed the Serbian's departure following Saturday's 3-0 Premier home...

Astana, Kazakhstan-- Saudi Arabia and Kazakhstan have pledged to strengthen cooperation in the fields environment, water, and agriculture.The strengthening of ties in these sectors came up in a meeting between President of Kazakhstan Kassym-Jomart Tokayev and Saudi Arabia's Minister of Environment, Water and Agriculture Abdulrahman bin Abdulmohsen Al-Fadhli.Both affirmed the...

As Middle Eastern countries rise economically and their populations grow, Malaysia sees a bigger role in fulfilling the region's growing demand for edible oils and fats.

Riyadh, Saudi Arabia--Neymar was greeted with much fanfare Friday as he arrived in Saudi Arabia where he joins a growing list of big names lured to the oil-rich kingdom.The 31-year-old Brazil forward who will be unveiled as an Al-Hilal player on Saturday after six seasons with French champions Paris Saint-Germain landed...

Riyadh, Saudi Arabia - India and Saudi Arabia are in discussions regarding a state visit by Crown Prince Mohammed bin Salman to India, Indian television channel Timesnow reported on Friday. The discussions are said to be centered around the Crown Prince's visit after the G20 summit on September 9-10 which he...

Riyadh, Saudi Arabia--The Communications, Space and Technology Commission (CST) has urged the public to provide their views on its space use plan for frequency spectrum, aiming at enabling space radio services, studying the most critical trends and needs of manufacturers, operators and users.Besides it will ensure optimal use of frequency...

Riyadh, Saudi Arabia - Saudi Arabia and India signed on Friday an agreement on digitization and electronic manufacturing.The agreement seeks to enhance Saudi-Indian cooperation in the fields of digital infrastructure, e-health, and e-learning, and to strengthen their partnership in digital research and innovation and the use of emerging technologies.It also...

Iran's foreign minister met Saudi Arabia's Crown Prince Mohammed bin Salman during his first visit since the Middle East rivals announced a rapprochement, officials said. Hossein Amir-Abdollahian, who travelled to Riyadh on Thursday, held talks with the Crown Prince in Jeddah, the Saudi foreign ministry said, after extending a scheduled...

Riyadh, Saudi Arabia - After being banned in several Arab countries, blockbuster film Barbie in Saudi Arabia is drawing huge crowds.The unexpected success of the film Barbie in Saudi Arabia has become a symbol of the dramatic societal changes taking place in the Middle East. Despite calls for its ban...

The investment in green hydrogen has not curbed expansion in oil and gas, with both the UAE and Saudi Arabia planning to grow their hydrocarbon industries. Experts predict it could still take years before Gulf countries can produce green hydrogen at a cost competitive with fossil fuel-based alternatives.

The death sentence for Bishoy Sharif Naji Naseef was carried out in the Riyadh region, the official Saudi Press Agency said. The Gulf kingdom is frequently criticised for its prolific use of capital punishment, which human rights groups say undermines its bid to soften its image through a sweeping "Vision...

The financial landscape of Saudi Arabia and the UAE is undergoing a significant transformation, with most adults in the region experiencing an increase in their wealth.

Hossein Amir-Abdollahian also took the opportunity to reiterate the Islamic republic's support for the Palestinian cause at a time when Riyadh is in discussions with the United States about potentially normalizing ties with Israel.

Aden, Yemen--Yemeni Prime Minister Maeen Abdulmalik affirmed that the economic support Saudi Arabia provides to Yemen represents a vital factor for achieving progress in various service and development sectors.During a cabinet meeting today in Aden, Abdulmalik pointed out that the kingdom's economic support backs the efforts of the Yemeni government...

The poorest country on the Arabian peninsula, Yemen's economy has collapsed in the eight years of war between Iran-backed Houthis and the Saudi coalition-backed government. The conflict has left hundreds of thousands of people dead and millions displaced, with the UN having accused all parties -- including in Saudi Arabia...

Beijing, China - Saudi Arabian and Chinese companies and banks on Wednesday signed 12 agreements involving an investment exceeding $1.33 billion (SAR 5 billion). The agreements covered infrastructure development, financing, with five of them related to housing projects.The agreements were signed at the Saudi-Chinese Business Forum being held in Beijing...

DUBAI, UAE - MD and CEO of Dubai Electricity and Water Authority (DEWA) Saeed Mohammed Al Tayer said on Wednesday that Saudi Arabia’s ACWA Power is the “preferred bidder” for the construction and operation of the 180 Million Imperial Gallon per Day (MIGD) Sea Water Reverse Osmosis Hassyan Phase 1...

MOSCOW, RUSSIA - The 11th Moscow Conference on International Security, held at the Patriot Congress and Exhibition Center here, saw high-level discussions between Russian Deputy Defense Minister Alexander Fomin and military representatives from Saudi Arabia and Iran.In a meeting with Talal Abdullah Al-Otaibi, military adviser to the Saudi defense minister,...

In 2022, 45 percent of adults in Saudi Arabia had a net worth of less than $10,000, against 43 percent of adults in the UAE, according to Global Wealth Report 2023.

The SAR 0.25 per unit dividend will be paid to Riyad REIT Fund's unitholders.

Train trips in H1 2023 rose 46 percent compared to H1 2022.