Saudi Arabia kicked off its venture in military industries 71 years ago when King Abdulaziz bin Abdulrahman issued a royal decree to set up military factories. A year later, two deals were signed on September 8 to provide the factories with the necessary equipment and supplies. In 2016, the Kingdom…

Initiatives supporting economic activities are a requirement to achieve a financial balance which Saudi Arabia depends on, according to a study currently being prepared in the Kingdom. Riyadh is preparing to launch the activities of the 9th session of the Riyadh Economic Forum, the largest scientific gathering for the business…

Paris (AFP) - Saudi Arabia's hosting of the Dakar Rally this month is just the latest international sporting event to take place in the kingdom as part of a multi-billion-dollar push to boost its battered global image.

Saudi Arabia’s non-oil private sector’s GDP rose 4.3 percent during the third quarter of 2019, confirming the success of the Kingdom's policy of pushing private economic activity towards reducing dependence on oil and shifting to multiple economic resources. Saudi Arabia’s economy contracted by 0.46 percent in the third quarter from…

Riyadh (AFP) - A Saudi court sentenced a Yemeni man to death Sunday for a knife attack on a Spanish theatre group, state television said, amid a controversial push to ease decades-old restrictions on entertainment.

The Saudi Development and Reconstruction Program for Yemen (SDRPY) delegation continues to outline developmental priorities in reconstruction projects set for the interim capital, Aden and its environs. This is aimed at realizing the developmental part of the Riyadh agreement. The delegation, made up of experts, engineers and technicians made several…