Saudi Arabia's impressive performance in the 2023 Global AI Index is attributed to its comprehensive National Strategy for AI and dedicated government agency.

Saudi Arabia is investing $500 billion in NEOM, a future city in the northwest, expected to be a hotspot for tourism, tech, and innovation. It is also transforming the UNESCO heritage site, AlUla, into a key tourist attraction.

The Saudi Arabia-based Organization of Islamic Cooperation called for collective measures to avoid future Quran burnings, days after a copy was torched outside a Stockholm mosque. OIC met at its Jeddah headquarters to respond to Wednesday's incident in which an Iraqi citizen living in Sweden stomped on the holy book...

Riyadh, Saudi Arabia--Saudi Arabia will take part in the 15th Arab Games, "Algeria 2023," which is set to commence next Wednesday. Algeria will host the event until July 15th, with the involvement of all Arab nations.Saudi Arabian athletes will compete in 17 different sports, including 14 Olympic disciplines, such as...

Tehran, Iran-- Iran has earned revenue to the tune of $54 billion last year from the export of oil, according to US Energy Information Administration (EIA) estimate. OPEC members earned about $888 billion in net oil export revenue last year. That’s what the US Energy Information Administration (EIA) estimates in...

LONDON, UK - Novak Djokovic warned on Saturday that the "integrity and tradition" of tennis must be preserved should the sport strike a tournament deal with Saudi Arabia.Both the ATP and WTA, which run the money-spinning men's and women's tours, have had discussions with Saudi Arabia.The country has been signing up...

On Friday, two days after the last major ritual, tens of thousands of people packed roads and boarded buses out of Islam's holiest sites in Mecca, bringing the hajj to a close, the AFP correspondent said. They departed after performing a farewell "tawaf" - circling seven times around the Kaaba,...

Under a heavy police presence, Salwan Momika stomped on the Quran before setting several pages alight in front of Stockholm's largest mosque. Police in the Swedish capital had granted him a permit for the protest but said later they had opened a probe into the man over "agitation".

The GCC gaming industry, bolstered by Saudi Arabia's $38 billion investment, is poised for significant growth that may make it a global leader by 2030, says an expert.

Riyadh, Saudi Arabia - The Saudi Esports Federation (SEF) on Tuesday announced that Razer, the world’s leading lifestyle brand for gamers, will be the gaming gear partner at Gamers8: The Land of Heroes, the biggest gaming and esports festival worldwide.This is the second year in a row that SEF and...

MECCA, SAUDI ARABIA- If a landmark reconciliation between Saudi Arabia and Iran has eased tensions in the Gulf, clouds have also lifted at the hajj pilgrimage, where Iranian visitors finally feel welcome again.Seven years of enmity between the Sunni and Shiite powers had made for a cool reception for Iranian pilgrims...

The data showed most of the faithful came from abroad. The Kingdom's officials had predicted more than 2.5 million pilgrims, making it the largest to date. But officials figures carried by the state-run Al Ekhbariya TV showed that the total number of pilgrims for this hajj season as 1.84 million.

Riyadh, Saudi Arabia -- Saudi Arabia’s imports from Gulf Cooperation Council countries fell 15 percent year-on-year to SAR 5.6 billion ($1.49 billion) in April 2023, compared to SAR 6.57 billion in 2022, the Kingdom's General Authority for Statistics said.Compared with March 2023, the Kingdom's imports from GCC dropped by 21...

RIYADH, SAUDI ARABIA- The Saudi Arabian Football Federation (SAFF) and the Fédération Internationale de Football Association (FIFA) announced on Monday that Jeddah will host the next edition of the FIFA Club World Cup 2023.This follows an official visit made by a FIFA delegation to Jeddah last week to inspect the...

After performing the ritual circumambulation of the Kaaba, the giant black cube at Mecca's Grand Mosque that Muslims pray towards each day, worshippers set off for Mina, about seven kilometers (more than four miles) away, in suffocating heat.

SPARK Logistics Company will meet the needs of investors.

RIYADH, SAUDI ARABIA – The Saudi Arabian Football Federation (SAFF) announced unprecedented funding and support for women’s football clubs.This initiative will help in growing women’s football leagues and will ensure its sustainability.SAFF  will provide financial help to Saudi Premier League and Women's First Division clubs. SAFF will allocate US$13 million...

The $15 million is located in Dammam area of the Kingdom.

Hyundai will build a petrochemicals complex in the kingdom.

Islam's holiest site is expected to host more than two million worshipers from 160 countries during the annual rites that could break attendance records.

Companies like ADNOC, Saudi sovereign fund, and Niu are making significant strides as the two Gulf countries seek to diversify their economies and capitalize on high oil prices.

RIYADH, SAUDI ARABIA - The Minister of Human Resources and Social Development and Chairman of the Board of Directors of the National Center for Non-Profit Sector, Eng. Ahmed bin Sulaiman Al-Rajhi, praised the contributions of the non-profit sector in achieving Saudi Vision 2030.The Saudi Arabian government has outsourced certain type...

Neves, who arrived at Wolves from Porto, had one year on his contract left at Molineux. He joins in the Saudi Pro League Real Madrid's Karim Benzema, 35, and Cristiano Ronaldo, 38, in what is expected to be just the start of a series of move for stars based in...

Paris, France -- SAMI, a PIF-owned national defense and security organization of Saudi Arabia, has signed an agreement with Safran Helicopter Engines for engine maintenance and repair.The agreement includes technical assistance and qualification, development of technical infrastructure, and technical training for Saudi talents who will earn their top qualifications through...

Mecca, Saudi Arabia - The annual hajj pilgrimage, one of the five pillars of Islam, will start on Sunday with more than two million Muslims from around the world expected to take part this year.It will be the largest pilgrimage since the coronavirus pandemic forced Saudi authorities to dramatically downsize...

The total dividend of $241.63 million will be paid on July 19.

Saudi Arabia has seen an influx of the addictive amphetamine captagon flooding in from war-torn Syria and Lebanon. After becoming a major market, Saudi Arabia is hitting back, ending a moratorium on the death penalty for drug cases and launching a zealous crackdown.

Both countries attract a high level of foreign investment, which provides capital for their banking sectors. The UAE is the second-largest FDI recipient in the Middle East, and Saudi Arabia is the largest one in the region.

Riyadh, Saudi Arabia -- NEOM and Volocopter have announced a series of successful flight trials of electric vertical vehicles (eVTOL), commonly known as air taxis, marking the first ever testing of an electric and zero-emission urban air mobility (UAM) system in Kingdom's futuristic city.The project, a result of an 18-month...

The peace deal has ignited debates on its potential to transform Middle East from a region hit by conflicts to a peaceful place. Dive into an in-depth analysis from TRENDS.

A dynamic and industrious midfielder Kante, won the World Cup with France in 2018, said said he was "very excited to play for the Tigers". Current Ballon d'Or holder Benzema joined Al-Ittihad earlier this month, after 14 seasons with Real Madrid in which he won five Champions Leagues, four La...

The bilateral peace agreement has sparked intensified debates about its potential to transform the Middle East from a conflict-ridden region to peaceful and prosperous place.

The Kingdom emphasizes the Riyadh Expo's potential in enhancing global collaborations and reinforcing actions on impactful projects.

Saudi-Iran peace deal will reduce tensions in the region and would solve some of the problems if not all, says US Secretary Antony J. Blinken in an interview.

Kazemi alleged that the United States, the United Kingdom, France, Germany, Canada, Belgium, Italy and Iran's arch-foe Israel were among the countries involved in inciting the protests, according to excerpts of an interview published by state media. Saudi Arabia, with which Iran has recently resumed diplomatic ties after a seven-year rupture,...

Saudi-Iran peace deal will reduce tensions in the region and would solve some of the problems if not all, says US Secretary Antony J. Blinken in an interview.

The Saudi-French Investment Forum witnessed the signing of 24 MoUs and investment agreements, collectively valued at approximately $2.9 billion. The forum has assembled key players from both nations, fostering enhanced bilateral relations and providing opportunities for increased investment and collaboration.

With ongoing mega-projects and economic diversification, Riyadh's strong Expo 2030 candidacy has already garnered support from 90 of 170 member states.

RIYADH, SAUDI ARABIA -  The combined profit of capital market institutions in Saudi Arabia dropped 19 percent to US$306 million (SAR 1.15 billion) in Q1 2023, from US$381 million (SAR 1.43 billion) in the same period last year, the Capital Market Authority (CMA) said in a recent report.Revenues fell 2...

According to Qatar's foreign ministry, Doha will reopen embassy in Abu Dhabi and its consulate in Dubai immediately. The UAE too will throw it embassy open in Doha. The UAE's Foreign Minister, Sheikh Abdullah bin Zayed, spoke to Sheikh Mohammed bin Abdulrahman Al-Thani, Qatar's Prime Minister and also its Foreign...

Dubai, UAE -  Saudi Arabia is gearing up to celebrate International Yoga Day on June 21 in Riyadh City, an Indian daily The New Indian Express reported. The Indian diplomatic mission in Saudi Arabia has been actively promoting and organizing various yoga events as part of their Quality of Life and...

Riyadh, Saudi Arabia-- Saudi Arabia has unveiled its own cruise-line brand called AROYA Cruises to fuel growth in its tourism sector, luring 1.3 million cruise visitors by 2035.According to media reports, AROYA, though a part of Cruise Saudi, will run as an independent business unit. Its name was formed by...

"Efforts are underway to reopen diplomatic and consular missions between Saudi Arabia and Iran, including the reopening of Iran's embassy in Riyadh and consulate in Jeddah," highlights Prince Faisal, adding that the Kingdom's embassy in Tehran will also reopen soon.

The Kingdom is modernizing healthcare with national e-health initiatives, integrated plans for virtual and remote healthcare, and the implementation of AI at service provider levels.

Paris, France -- President Emmanuel Macron's new special envoy for Lebanon heads to Beirut in the coming week as France seeks a new push to end a political crisis that has left the country without a president for over half a year, a diplomatic source said Sunday.Former foreign minister Jean-Yves Le...

DUBAI, UAE -  Yemen's government and Iran-backed Houthi rebels are locked in talks in Jordan to set the ground for a possible prisoner exchange, a Red Cross official told AFP on Sunday.Yemen's conflict began in 2014 when the Houthis seized the capital Sanaa, prompting a Saudi-led coalition to intervene the following...

Results were due to a fall in insurance services expenses.

Jamjoon Pharma IPO was launched on May 25 at SAR 60 per share.

It will provide health insurance to SABIC staff and their families.

Foreign currency reserves, representing 94 percent of total assets, fell nearly 2 percent year-on-year in May to SAR 1.56 trillion ($416 billion). The majority of Saudi Arabia's reserve assets are held in US dollars (about 70 percent)