Six Ramadan initiatives launched in Asir region
Abha, Saudi Arabia — Six Ramadan community initiatives were launched in Al-Harjah Governorate in Saudi Arabia’s Asir region as part of the “Ajawid 4” events overseen by the Asir Region Development Authority.The initiatives cover religious education, heritage preservation, archaeological documentation and traditional arts.The Al-Rubu’ Community Development Association launched the “Khairkum”...
Saudi products declared free from artificial trans fats
Riyadh, Saudi Arabia - The World Health Organization (WHO) has recognized the Saudi Food and Drug Authority (SFDA) for its efforts in ensuring that food products in Saudi Arabia are free from industrially produced trans-fatty acids (ITFA) or artificial trans fats. This places Saudi Arabia among the top five countries...
Kuwait’s new emir makes first foreign trip to Saudi
Crown Prince Mohammed bin Salman, the 38-year-old de facto ruler of Saudi Arabia, greeted Sheikh Meshal at the airport in Riyadh as trumpets played, 21 rounds were fired and the Saudi Falcons, the air force's aerobatics team, put on an air show, the official Saudi Press Agency reported.
Saudi Arabia leads GCC in project awards this year
The 2024 outlook for the MENA region's project market is exceptional, with an anticipated surpassing of $270 billion in value, according to a latest report.Choice and opportunity are crucial for empowerment
"These are all campaigns into which I have poured my heart and soul. True empowerment, the kind I want for my daughter, involves the opportunity and tools to make your own choices," adds Al-Saud, Ambassador of the Kingdom of Saudi Arabia to the United States of America.
Saudi Aramco halts plan to raise production capacity
Tuesday's announcement was not expected to have an immediate effect on production or exports. After a series of oil supply cuts dating back to October 2022, Saudi Arabia's daily output stands at approximately nine million bpd, far below its capacity of 12 million bpd.Saudi envoy to US deplores Western media criticism of women rights in kingdom
Washington D.C., US--– Saudi Arabia's ambassador to the US, Reema Bandar Al-Saud, has expressed disappointment with recent media criticism of the kingdom's hosting of the Women's Tennis Association Finals and broader issues concerning women's rights in Saudi Arabia. In response to an opinion piece published by The Washington Post, she...
44% of Saudis are young, making up 78% of the labor pool
Riyadh, Saudi Arabia - Saudi Arabia on Monday launched "Youth Development Strategy" to help its youth to play a critical role in the national economy, who, according to the kingdom's Minister of Human Resources and Social Development, Eng. Ahmed Al-Rajhi, constitute 44% of the population and 78% of the workforce...
Dubai Investments buys GFP stake
GFP secures nearly $60 million in equity financing to expand its network.Saudi Journalists Association poll: Women, visionaries lead the way
Nearly half of the newly elected board members were women, a first in the 21-year history of this prominent media professionals' body. This milestone coincided with the election of Faisal J. Abbas, a visionary in the field, as Deputy Chairman of the Saudi Journalists Association. This election is a step...
Royal Commission for AlUla chief held for abuse of power, money laundering: report
Riyadh, Saudi Arabia - The CEO of the Royal Commission for AlUla, Eng. Amr Al-Madani, has been arrested on charges of misusing authority and money laundering involving SR206 million ($55 milion). The Oversight and Anti-Corruption Authority (Nazaha) reported the arrest, stating that Al-Madani's partners in a company were also apprehended.Allegations...
KACST, ACWA Power sign pact
The aim is to develop technologies for clean energy.
Saudi Arabia launches global tourism campaign featuring Messi
Riyadh, Saudi Arabia -- Saudi Arabia's national tourism brand, "Saudi Welcome To Arabia," has launched a new global marketing campaign featuring football legend Lionel Messi. The campaign, called "Go Beyond What You Think," aims to address misconceptions about Saudi Arabia and encourage people to experience the country's cultural transformation.The campaign...
Saudi Arabia’s Red Sea Global deploys robot for Red Sea, Amaala beach cleanup
Riyadh, Saudi Arabia - Red Sea Global, a company wholly owned by the Public Investment Fund (PIF) of Saudi Arabia, has unveiled a state-of-the-art robot designed specifically for beach cleanup in Red Sea and Amaala destinations. The electric-powered robot is engineered to enhance the visual appeal of the sandy shores while...
Luxury ‘Dream of the Desert’ train coming to Saudi Arabia in 2025
Riyadh, Saudi Arabia - Saudi Arabia Railways (SAR) and the Italian Arsenale Group have officially inked an agreement to introduce the "Dream of the Desert" luxury train service in Saudi Arabia. The momentous deal was signed by Dr Bashar Al-Malik, CEO of SAR, and Paolo Barletta, CEO of the board...
JADCO, EGG ink MoU on development of agriculture in Saudi Arabia
RIYADH, SAUDI ARABIA - The Ministry of Environment, Water and Agriculture witnessed the signing of a memorandum of understanding (MoU) between Al Jouf Agricultural Development Company (JADCO) and E Green Global (EGG) of the Republic of Korea.The agreement involves the transfer and localization of potato seed production techniques in the...
Saudi professor Manahel Thabet appointed Commonwealth’s envoy for science and technology
Riyadh, Saudi Arabia - Patricia Scotland, the Secretary-General of the Commonwealth of Nations, has named Saudi Professor Manahel Thabet as the special envoy for science and technology. The appointment highlights Thabet's notable expertise and significant contributions to the fields of science and technology.The Commonwealth, an organization comprising 56 nations and...Son faces Saudis, Palestine make history in Asian Cup last 16
The knockout phase begins on Sunday when Australia play Indonesia, followed the same day by the United Arab Emirates against tournament debutants Tajikistan. At 146 in the world, Indonesia are the lowest-ranked team left in the tournament and squeezed through with one win and two defeats from their three group...Riyadh Season 2023 on track to outshine previous edition with over 15m visitors
Riyadh, Saudi Arabia - Riyadh Season 2023 is poised to surpass the record set in 2021, with over 15 million visitors already attending the various activities, according to Turki Al-Sheikh, the chairman of the board of directors of the Saudi General Entertainment Authority (GEA).The accomplishment was announced on Wednesday, highlighting...WEF24: Investor confidence fuels sustainable growth
GFH Financial Group has made significant investments in healthcare, education, logistics, and private lending in Saudi Arabia and the UAE, its CEO tells TRENDS in Davos.
UAE, KSA lead as tech and energy drive IPOs in GCC
The 2024 outlook for GCC IPO markets shows strong potential with diversified sector participation, bolstered by government support for both state-owned and private offerings.NEOM announces its new luxury ecotourism destination Zardun
NEOM, SAUDI ARABIA - NEOM's Board of Directors has announced the launch of Zardun - an exclusive resort and natural reserve that will contribute to the restoration and revitalization of the surrounding environment.This will help in supporting NEOM's efforts to develop luxury ecotourism in the Kingdom. Zardun is NEOM's newest...
Deals worth $26.66 billion signed at Real Estate Future Forum 2024
Riyadh, Saudi Arabia -- Deals worth more than $26 billion were signed at the Real Estate Future Forum 2024, which ended Wednesday.Over 50 agreements and memoranda of understanding (MoUs) were signed during the event that focused on discussing new innovations, key challenges, emerging trends, and sustainable financing solutions in the...Coach Mancini lays out Saudi’s plan at Asian Cup
Doha, Qatar - Roberto Mancini said on Wednesday that Saudi Arabia fear no team at the Asian Cup and will not try to duck out of a potential last-16 clash with South Korea.The Saudis have already qualified for the knockout rounds after two wins in Qatar and will top Group F...
Saudi Arabia’s real estate deals fall 11 percent in 2023: Ministry
Riyadh, Saudi Arabia -- The value of Saudi Arabia's real estate transactions fell year-on-year by 11 percent to nearly SAR 193.45 billion ($51.58 billion) in 2023, Ministry of Justice data showed.The number of real estate transactions reached around 172,070 by the end of 2023, while the total number of sold...Global halal market set to hit $7.7 trillion by 2025
Makkah, Saudi Arabia — Global halal market is projected to reach an estimated $7.7 trillion by 2025. Leading the expansion is the Islamic finance sector, followed by the food and beverage industry, pharmaceuticals, medical and health products, cosmetics, as well as travel and tourism.In education and health sectors, recent economic...Saudi Arabia set to launch advanced means of air mobility
Riyadh, Saudi Arabia - Saudi Arabia is planning to start air mobility that is most advanced and safest in the Middle East. The Saudi General Authority of Civil Aviation (GACA) is spearheading the Advanced Air Mobility (AAM) initiative that encompasses a spectrum of innovative solutions, ranging from small, unmanned aircraft...Mocktail mania in Saudi, where dry January lasts all year
Riyadh, Saudi Arabia - The concept was controversial: a pop-up bar offering bellinis and spritzes that, while non-alcoholic, were served in chilled cocktail glasses in the capital of teetotalling Saudi Arabia.But although customers were initially wary of the experiment -– which coincided with the Muslim holy month of Ramadan, a time...Real estate workforce in Saudi Arabia soars to 26,000 after localization push
Riyadh, Saudi Arabia - The Saudi real estate sector has witnessed a remarkable surge in local employment, boasting a substantial increase from 12,000 to over 26,000 citizens working in the industry since July 2021.The significant 116% leap comes in the wake of the government's decision to prioritize the localization of...
Saudi Arabia expects to attract 150 million visitors by 2030
Riyadh, Saudi Arabia - Saudi Arabia aims to attract 150 million visitors by 2030, with the tourism sector expected to contribute SR750 billion ($200 billion) to the national economy, the kingdom's Minister of Tourism Ahmed Al-Khateeb said during his address at the Real Estate Future Forum in Riyadh on Monday....ASFAR, Municipality of Al-Ahsa sign agreement
RIYADH, SAUDI ARABIA - ASFAR, the Saudi tourism investment company wholly owned by the Public Investment Fund of Saudi Arabia, and the Municipality of Al-Ahsa signed an Memorandum of Understanding (MoU).The MoU aims to develop a major tourism attraction in the Eastern Province of the Kingdom of Saudi Arabia, a...
Saudi Arabia lists priority specializations for Special Talent Residency
Riyadh, Saudi Arabia - Saudi Arabia's Premium Residency Center on Sunday revealed a list of priority specializations that qualify individuals for Special Talent Residency. The electronic portal of the center outlined that this particular residency is designed for individuals with advanced capabilities and experiences in scientific, administrative, and research fields,...
Stop military operations in Palestine: Saudi minister
Kampala, Saudi Arabia - Saudi Deputy Minister of Foreign Affairs Eng. Waleed Al-Khereiji stressed on Sunday the imperative to halt military operations in the Palestinian territories in a way that ensures the protection of civilians in line with international laws and humanitarian principles. Speaking on behalf of Custodian of the...
Saudi GACA issues air carrier, airport classifications for December 2023
RIYADH, SAUDI ARABIA - The General Authority of Civil Aviation (GACA) issued its monthly classification index for air transport service providers, based on the number of complaints filed with GACA by travelers during December 2023.According to GACA, 1,308 complaints were filed by travelers on Saudi air carriers last December.Flynas had...Coach Mancini warns Saudi against taking Kyrgyzstan lightly
Doha, Qatar - Roberto Mancini warned Saudi Arabia against falling victim to the kind of Asian Cup shock suffered by favorites Japan when his side face Kyrgyzstan on Sunday.Saudi Arabia fought back to beat Oman 2-1 in stoppage time in their opening match in Qatar and can seal their place in...Cinema ticket prices in Saudi Arabia decline by 16% in 2023
Riyadh, Saudi Arabia - The average cinema ticket prices decreased by over 16% in 2023 compared to the previous year, revealed a panel discussion of the prominent leaders in the Saudi cinema industry. The panel, consisting of cinema industry leaders, film specialists, and enthusiasts, underlined the remarkable performance of the...Saudi Dakar rally 2024 concludes with participation of 778 drivers, co-drivers
Riyadh, Saudi Arabia - The city of Yanbu witnessed on Friday evening the closing ceremony of the 5th edition of Saudi Dakar Rally, and the 46th in the history of the world rally, after an exciting competition for 14 days in 12 stages, with a distance exceeding the 7,500 km....Middle East needs strong Saudi Arabia, says kingdom’s finance minister
Dubai, UAE-- Saudi Arabia's Finance Minister Mohammed Al-Jadaan said the Middle East needs a strong Saudi Arabia to contribute and that the future outlook looked positive despite recent shocks.The minister was speaking at Davos in a session titled "Saudi Arabia: Continuing Efforts towards a More Sustainable Economy". Al-Jadaan said that...Saudi Arabia to host WEF special meeting in April
Davos, Switzerland — Saudi Arabia will host a special meeting of the World Economic Forum (WEF) in Riyadh this April, Saudi Economy and Planning Minister Faisal Al Ibrahim said on Thursday.Speaking at the panel 'Saudi Arabia: The Course Ahead', Faisal Al Ibrahim said the event will focus on global collaborations, growth,...
English player Henderson all set to leave Al-Ettifaq
Riyadh, Saudi Arabia - Jordan Henderson has moved a step closer to ending his much-criticized spell with Saudi club Al-Ettifaq by undergoing a medical with Dutch side Ajax, a source close to the negotiations told AFP on Thursday.The 33-year-old England midfielder has been with the Saudi club for just six months...Diversification of energy sources needed to meet demand: Saudi minister
Davos, Switzerland -- The Saudi Minister of State for Foreign Affairs, Cabinet's member, and Climate Affairs Envoy, Adel bin Ahmed Al-Jubeir has called for diversification of energy sources to meet the increasing global demand for energy.The minister made these remarks Wednesday at a session titled “Bold Steps for a Sustainable...Turkey’s Tosyali plans $5bn investment for steel plant in Saudi Arabia: report
Riyadh, Saudi Arabia - Turkish-based Tosyali Holding is making nearly $5 billion investment in a new steel plant in Saudi Arabia, Bloomberg reported. The investment is part of Tosyali Holding's broader expansion strategy, which encompasses ventures in Algeria, Angola, Senegal, and Spain.“Our aim is to make the best quality steel...Aramco chief expects oil demand to rise by 1.5 mbpd in 2024
Riyadh, Saudi Arabia - Saudi Aramco's President and CEO, Amin Nasser, anticipates a surge in global oil demand, projecting an increase of 1.5 million barrels per day (bpd) to reach 104 million bpd in 2024. “This is after rising by roughly 2.6 million bpd in 2023," Nasser said. "Higher demand,...Aramco injects $4 billion into its global venture capital arm
Dhahran, Saudi Arabia -- Aramco has allocated an additional $4 billion to its global venture capital arm Aramco Ventures, more than doubling the capital allotted to it, from $3 billion to $7 billion.This, Aramco said in a statement, will take Aramco’s overall venture capital allocation to $7.5 billion, which also...
Mawani reports rise in container handling
The growth aligns with the aims of national logistics strategy.Al Arabia subsidiary wins Dubai contract
The contract was awarded by Dubai Roads and Transport Authority.
Iran wants trade with Saudi Arabia to be highest in region: Ambassador
Riyadh, Saudi Arabia - Iran wants to elevate the levels of trade and investment exchanges with Saudi Arabia to the highest volume in the region, Iran's ambassador to Saudi Arabia, Alireza Enayati, said during his meeting Sunday with the President of the Federation of Saudi Chambers, Hassan bin Mujab Al-Huwaizi....
Saudi authorities reduce fee for recruiting domestic help
Riyadh, Saudi Arabia - Saudi Ministry of Human Resources and Social Development (MHRSD) announced on Monday that it has cut the upper limit of fees for recruiting domestic workers from a number of countries. These countries include the Philippines, Sri Lanka, Bangladesh, Uganda, Kenya, and Ethiopia.The initiative comes within the...Aramco Digital, Intel to join hands
The aim is to help develop of Open RAN technologies.Saudi Arabia unveils 45,000-seat multi-use stadium in Qiddiya City
RIYADH, SAUDI ARABIA - The Board of Directors of the Qiddiya Investment Company (QIC) announced on Monday the launch of the Prince Mohammed bin Salman Stadium, an iconic multi-use venue set to further enhance Qiddiya’s philosophy of the Power of Play.Upon opening, it is anticipated to host some of Saudi...
Saudi Arabia, China ink MoU in accounting and auditing
RIYADH, SAUDI ARABIA – The Kingdom and the People’s Republic of China signed on Monday in Beijing a memorandum of understanding for cooperation in the field of accounting, auditing and professional work.The agreement was signed by General Court of Audit (GCA) President Dr. Hussam Al-Angari and Auditor General of the...
