AMMAN, JORDAN  - Jordan's Minister of Foreign Affairs and Expatriates Ayman Safadi on Wednesday briefed his Russian counterpart Sergey Lavrov on the outcome of a consultative meeting held here on Syria.In addition to Jordan, the meeting on Tuesday also brought together the foreign ministers of Saudi Arabia, Iraq, Egypt and...

Dubai, UAE-- Seeking to take advantage of the boom in the Middle East's hospitality sector, Radisson Hotel Group will triple its presence in the region by 2030. The hotel group, running 52 hotels and resorts in the Middle East, is planning to have 150 properties in operation and under development...

Jeddah, Saudi Arabia -- Center3, a connectivity company owned by stc Group, and Meta Company announced on Tuesday the landing of the world's longest submarine cable project at two of the four planned landing sites in Saudi Arabia: Jeddah and Yanbu. ‏ The project, a part of the 2Africa subsea...

Diplomatic efforts have intensified to end more than two weeks of war in Africa's third-largest country as warnings multiply about a "catastrophic" humanitarian crisis. Sudan's army chief Abdel Fattah al-Burhan and his deputy turned rival, Mohamed Hamdan Daglo, who commands the paramilitary Rapid Support Forces (RSF), "have agreed in principle...

Riyadh, Saudi Arabia - Saudi Arabia has approved new rules aimed at boosting foreign investment in the country's securities market.  The rules framed by the Capital Market Authority (CMA) include those for Foreign Investment in Securities, amendments to the Investment Accounts Instructions, amendments to the Implementing Regulation of the Companies...

Riyadh, Saudi Arabia-- The Saudi Center for Commercial Arbitration (SCCA) has published the 2023 revised SCCA arbitration rules with effect from May 1. The final text was endorsed after extensive review by the SCCA’s board of directors. The SCCA, in a statement, said the new rules will apply to all...

Riyadh, Saudi Arabia-- Saudi Arabia is looking to attract some US$26 billion dollars worth of investment in the machinery and equipment sector, according to its Minister of Industry and Mineral Resources Bandar bin Ibrahim AlKhorayef. AlKhorayef, who is also Chairman of National Industrial Development Center (NIDC), announced that the industry...

It will be the largest integrated steel plate manufacturing complex in the kingdom to be located in Ras Al Khair Industrial City, one of the four special economic zones recently announced by Crown Prince Mohammed bin Salman, PIF said in a statement.

Riyadh, Saudi Arabia -- The number of containers handled by Saudi ports in the first quarter of 2023 grew by 17.57 percent to reach more than two million standard containers, the kingdom's General Authority of Ports (Mawani) said. The number of exported containers during the first quarter of 2023 witnessed...

Despite significant rise in SMEs across GCC, there is still room for improvement in terms of governance, bringing in external shareholders, Rabih I. Khoury of MEVP tells TRENDS.

The visit comes against the backdrop of a rapprochement between regional rivals Iran and Saudi Arabia, and increased Arab engagement with Damascus. Iran is a major ally of President Bashar al-Assad.

JEDDAH, SAUDI ARABIA - The first Iranian evacuees to escape the Sudan conflict through Saudi Arabia arrived on Saturday in Jeddah, relieved that their country has settled its differences with the regional rival. The 65 Iranians were among about 1,900 people on the latest boat to arrive from Port Sudan as...

Riyadh, Saudi Arabia-- Becht, an American engineering services company, has revealed that it is in talks with potential partners in Saudi Arabia in order to widen its presence in the region. According to its director for the Middle East, Chris Van Der Beek, Becht is also holding discussions with potential...

Riyadh, Saudi Arabia -- Saudi customs authority foiled an attempt to smuggle more than 4 million tablets of captagon through the Al-Bat-ha land inlet, SPA reported Friday. In a statement, the authority said that as many as 4,152,000 tablets of drugs were found hidden in a consignment shipped into the...

JEDDAH, SAUDI ARABIA  - Islamic Development Bank (IsDB) President and Group Chairman Dr. Muhammad Al-Jasser and Uzbekistan Minister of Investments, Industry, and Trade Laziz Kudratov have signed three financing agreements for  the development of infrastructure and social services in the Central Asian country. These agreements aim to promote sustainable economic...

While 82% firms are increasing investments in industrial automation and robotic process automation, 56% of them focus on enhancing employees' digital experiences at workplace.

On Wednesday, after a harrowing overland journey and overnight boat trip across the Red Sea, Sudan evacuees who have fled to Saudi Arabia, grateful to have survived but wracked with guilt and worry for those the left behind. The fighting in Sudan pits forces loyal to army chief Abdel Fattah...

New Delhi, India--India is looking to connect its power grid with Saudi Arabia and the UAE by way of undersea cables, according to Indian media, citing Union Minister for Power and Renewable Energy Raj Kumar Singh.  The media reports said that India will sign bilateral agreements with Saudi Arabia and...

Riyadh, Saudi Arabia— Saudi Arabia has signed a memorandum of understanding (MoU) with Wemade, a South Korean firm, to boost its presence in the gaming sector. The agreement between the Saudi ministry of investment and Wemade will enable the South Korean firm to widen its footprint in the kingdom. Wemade...

While 67 deals totaling $247 million in funding were reported in March 2023, the total capital raised in Q1 2023 surpassed US$ 1.1 billion, marking a 17% rise over the last quarter.

Saudi Arabia regularly announces seizures of amphetamine pills without specifying whether they are captagon, used by wealthy Saudis as a party pill.

The country increased its military spending by 16 percent to reach an estimated $75 billion, surpassing the United Kingdom, Germany, and France.

The net profit plunged by more than 56 percent compared to Q1 2022.

Dubai, UAE -Taking advantage of the boom in the tourism sector in the Middle East, Saudi Arabia and the UAE are engaged in frantic construction activity to build new hotels in order to cope with the rush of visitors. According to a report by STR, Saudi Arabia is involved in...

Tehran, Iran-- Iraq's President Abdul Latif Rashid will make an official visit to Iran in the near future as the two countries seek to consolidate their relations amid the warming of ties between Saudi Arabia and Iran. The visit of the Iraqi president to Iran was confirmed in a phone...

It will acquire a portfolio of towers in Europe for US$1.3bn.

"We came to send a message to the whole world that with this normalization, you will gain Bashar al-Assad the criminal, and you will lose the Syrian people," said Abdel Salam Mohammed Yussef, who heads a camp for displaced people.

The Kingdom is dedicated to collaborating with international and regional partners to find solutions in the climate sector. Saudi Arabia is working on carbon management techniques, decarbonizing the energy sector, reducing emissions of other gases, and ending deforestation, added the country's Climate Affairs Envoy.

A boat carrying Saudi citizens and other nationals rescued from battle-scarred Sudan arrived in Jeddah, Saudi state television said, in the first announced evacuation of civilians since fighting began. "The first evacuation vessel from Sudan has arrived, carrying 50 (Saudi) citizens and a number of nationals from friendly countries," the...

Riyadh, Saudi Arabia - Saudi Crown Prince and Prime Minister Prince Mohammed bin Salman bin Abdulaziz Al Saud discussed bilateral relations in a phone call  with Russian President Vladimir Putin  on Friday. The two leaders exchanged views on a number of issues of common concern, Saudi Press Agency reported.  The...

TRENDS Twitter poll suggests 48% candidates face discrimination during job recruitment process in the Gulf region, while 30% do not, and 22% remain unsure.

Since the beginning of 2023 alone, three digital and physical platforms have been launched by Qatar, Oman and Kuwait to facilitate investments by foreigners and the local private sector.

Riyadh, Saudi Arabia - Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah received a phone call from his Iranian counterpart Hussein Amir-Abdollahian, during which they discussed a number of issues of common interest between the two countries. The two sides discussed the next steps in light of...

In one of the deadliest stampedes in a decade, more than 80 people died and hundreds were injured at a charity distribution event in Yemen, according to Houthi officials. The tragedy struck the Arabian Peninsula's poorest country a few days before Eid al-Fitr. A Houthi official said many women and...

"We affirm our readiness to meet and talk with the Syrian government and with all Syrian parties to hold discussions and present initiatives for a solution," the Kurdish authorities said.

The weakening of the judiciary and concentration of power will harm the high tech sector, deter foreign investment and make Israel less attractive as an economic partner.

If China successfully mediates the Israel-Palestine peace talks, it will cement its status as a global peacemaker, a role that has long been reserved for the United States.

The kingdom hopes that its regulatory incentives and strategic location would help it compete with the UAE, whose tax-free zones such as Jebel Ali have made it a regional hub for multinational corporations.

"The technical committees are now doing their work in this context, and it is expected that there will be exchange visits to consider the procedures we need to reopen embassies." foreign ministry spokesperson Majid Al-Ansari told a briefing. A UAE official confirmed that the reopening of embassies is "under process".

The Syrian president met with Saudi Arabia's Foreign Minister Faisal bin Farhan in Damascus. This is the first visit to Syria's capital by a Saudi official since the start of the country's civil war in 2011, marking a new era in ties betwee the two countries.

Recent months have seen increasing Arab engagement with Syrian President Bashar al-Assad, who has been politically isolated in the region since the war broke out. A flurry of regional diplomatic activity has been underway in the past week as regional relations shift following a decision by Saudi Arabia and Iran...

Dubai, UAE -- The Charitable Jood Eskan Subscription, Saudi Arabia's campaign for providing housing for low-income families, has entered the Guinness World Records for realizing the highest target for an electronic charitable campaign in one month. The campaign was launched by King Salman bin Abdulaziz Al Saudi and Crown Prince...

The two countries had severed ties seven years ago after Saudi Arabia executed a revered Saudi shia cleric Sheikh Nimr al-Nimr. They have pledged to work for stabilizing the situation in the Middle East, where they have been supporting opposite sides in the conflicts of Syria and Yemen.

A day after a major prisoner exchange, more than 100 prisoners of war were flown from Saudi Arabia to Yemen on Monday, raising hopes for peace in the future. Two ICRC planes carrying 48 prisoners each flew to Sanaa, Yemen's rebel-held capital, while a third with eight captives took off...

Riyadh, Saudi Arabia-- Saudi Arabia and the Netherlands have discussed the possibility of exporting clean hydrogen from the kingdom to Europe. In this regard, Energy Minister Prince Abdulaziz Bin Salman met with the Deputy Prime Minister and Minister of Foreign Affairs of Netherlands Wopke Hoekstra in Jeddah. The meeting also...

Jeddah, Saudi Arabia - Saudi Crown Prince Mohammed bin Salman bin Abdulaziz on Monday  met the Saudi astronauts: Rayana Bernawi, Ali Al-Qarni, Mariam Fardous and Ali Al-Ghamdi before the launch of the kingdom’s scientific mission to the International Space Station (ISS). The Crown Prince welcomed the crew of the scientific...

Prince Mohammed said the latest transfer will "solidify PIF's strong financial position". Authorities did not give a value for the latest shares, which have been moved from the world's biggest oil exporter to Sanabil Investments, a firm controlled by the Public Investment Fund (PIF) that is led by Crown Prince...

Sanaa, Yemen-- Yemeni rebels and government forces freed scores of prisoners Sunday on the last of a three day exchange of nearly 900 detainees, boosting hopes of ending their protracted civil war. Planes carrying detainees took off at the same time from the Houthi rebel-held capital of Sanaa and the government-controlled...

Algiers, Algeria-- Syrian Foreign Minister Faisal Mekdad arrived in Algeria on Saturday, Algerian state radio reported late on Friday, a visit that reinforces Damascus' openness to the Arab world after it was isolated for more than a decade. The Algerian foreign minister, Ahmed Ataf, received the visiting minister, state radio...

Major cloud service providers such as Microsoft, Tencent Cloud, Oracle, Amazon Web Services, and Alibaba Cloud are establishing local cloud regions.