The results are buoyed by record non-oil exports, which reached AED 205 billion in H1 2023, an 11.9 percent growth compared to the first half of 2022 and 5.4 percent more than H2 2022. Non-oil exports in the first six months of 2023 exceed the exports recorded in the whole...

Riyadh, Saudi Arabia -- Saudi Arabia’s imports from Gulf Cooperation Council (GCC) countries fell 19 percent year-on-year (YoY) to SAR 5.51 billion in June, according to a recent report by the General Authority for Statistics (GASTAT).UAE accounted for 65.6 percent, or SAR 3.61 billion, of the total Saudi imports, down...

Tabuk, Saudi Arabia -- King Salman Hospital in Saudi Arabia’s  northwestern region has installed the world's first automated medication dispensing machine, transforming the way medications are distributed without requiring hospital visits.The machine consists of a workstation that handles the prescription barcode, a screen for interaction with the beneficiaries, a specialized...

Riyadh, Saudi Arabia-- The GCC countries are "actively engaging" with international and regional organizations in order to establish strategic partnerships that serve their interests.This was stated by the Secretary-General of the Gulf Cooperation Council (GCC), Jassem Mohamed Albudaiwi.He made the remarks during a meeting held between the GCC Secretary-General and...

In the GCC, online market growth surpasses offline, driven significantly by Saudi Arabia, amid intense competition where local brands increasingly stand out.

In the GCC, online market growth surpasses offline, driven significantly by Saudi Arabia, amid intense competition where local brands increasingly stand out.

The Air Seychelles flight laden with Israeli passengers was heading from the Seychelles to Tel Aviv. Saudi airspace had been closed to flights to and from Israel until July 2022, when it opened to coincide with a visit by US President Joe Biden to the region.

Despite a decline in FDI inflows in the past few years, GCC countries remain optimistic as they expect strong economic growth in 2023 and beyond.

AlUla, Saudi Arabia -- AlUla Desert Blaze, a unique running challenge, which kicked off on Saturday and saw participation of nearly 200 male and female runners from 39 countries, has been hailed as the most arduous competition in the Arabian Gulf region.The participants faced the toughest challenges amid scorching summer heat, enduring temperatures reaching up...

Riyadh, Saudi Arabia-- Banks in Saudi Arabia have reported a 9.6 percent increase in aggregate profit to $1.71 billion in July, according to official data.The Saudi Central Bank, also known as SAMA, said that the aggregate assets of these banks also rose 8.84 percent year on year in July to...

The two countries signed a memorandum of understanding (MoU to boost mining cooperation in critical minerals needed in new technologies like electric vehicles and solar panels. The Turkish and Saudi ministers also discussed deepening partnership in areas such as hydrogen, solar and wind energy, besides seeking to widen trade between...

GCC countries consistently maintain inflation rates below the global average, with the Food and Beverages CPI subcategory showing moderate growth across the region.

Pact to enhance commercial activities between the two.

TABUK, SAUDI ARABIA – NEOM has announced plans to establish a world-class education, research and innovation (ERI) center, following last year’s appointment of Andreas Cangellaris as the founding president of NEOM U, NEOM’s flagship university.NEOM’s ERI will consist of four interconnected pillars: NEOM U; the Education, Research and Innovation Foundation;...

Moscow, Russia -- Collective Security Treaty Organization (CSTO) member states have invited observers from Saudi Arabia, Iran, China and Mongolia to monitor the Combat Brotherhood-2023 drills in Belarus, CSTO Joint Staff Chief Colonel General Anatoly Sidorov said at a briefing.Saudi Arabia, Iran, China and Mongolia are not the members of...

The contract involves MEP works for Al Muhammadiyah Hospital.

Riyadh, Saudi Arabia--Red Sea Global (RSG) has announced the launch of the Red Sea Farms Cooperative (Tamala), established through integrated national partnerships between the government, private and non-profit sectors. Tamala aims to develop a model entity that achieves the kingdom's orientation to enhance the role of cooperatives in the agricultural...

Mancini's resignation from the Italy job came as a major shock, as earlier this month he had been handed responsibility for the country's Under-21 and Under-20 teams. He was heavily criticised for his decision especially following early reports that he was set to accept a mega-money move to Saudi, which...

The BRICS summit, which held in Johannesburg from Aug 22-24 agreed to admit Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates as new members from Jan 1, 2024.

stc’s subsidiary TAWAL buys assets in eastern Europe.

Johannesburg, South Africa--The 2023 CAF Super Cup match between Al Ahly of Egypt and USM Alger of Algeria will be staged in the Saudi Arabian city of Taif on September 15, the organizers announced on Saturday.Ahly qualified for the annual match by winning the Champions League and USM by capturing the...

From the establishment of the Saudi Space Authority to Serco Middle East's new space division in Riyadh, the Kingdom is making significant strides in the space sector.

Gabri Veiga, one of Spain's most promising young players, signed for Saudi Arabian side Al-Ahli from Celta Vigo in a move greeted with disquiet in Spain. Clubs in the Gulf state have signed several of football's top veteran stars this summer on huge deals, including Ballon d'Or holder Karim Benzema...

Riyadh, Saudi Arabia - Saudi Arabia’s foreign trade soared to $172 billion last year, the Saudi Minister of Commerce and Chairman of the Board of Directors of the General Authority of Foreign Trade, Dr Majid Al-Qasabi said during the August 24-25 G20 Trade and Investment Ministers' meeting held in India...

The Middle East, with its vast resources and strategic position, can play a crucial role in BRICS' vision of a more equitable and democratic global order as the BRICS move to include countries such as Saudi Arabia and the UAE can further reduce the alliance's dependence on Western financial institutions,...

Riyadh, Saudi Arabia  - Saudi Arabia has to not only enhance its defensive capabilities but also establish effective deterrence measures against Iran and its proxies, particularly in the context of its ambitious Vision 2030 initiative, a latest analysis by Middle East Institute (MEI) says. The policy brief authored by MEI analyst...

Riyadh, Saudi Arabia--Saudi Arabia's Heritage Commission has announced significant discoveries made at the Al-Abla site in Asir region during the seventh season of archaeological excavation there.The new discoveries, including architectural features of residential and industrial units with gypsum-coated walls and floors, are an extension of previous discoveries over the past...

Tehran, Iran - The inclusion of Saudi Arabia, the UAE, and Iran, will significantly increase BRICS’ weight in the oil market, as per calculations based on 2022 OPEC data, reported by InfoTech news outlet on Thursday.Together with the existing participants, Russia and Brazil, these countries jointly command 39% of the...

LIVERPOOL, UK - Liverpool manager dismissed suggestions on Friday that Mohamed Salah could become the latest star name to depart European football for Saudi Arabia.According to reports, Al-Ittihad are trying to lure the Egyptian to the Gulf state with a huge salary offer that would rival the deals that enticed Cristiano...

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...