The Latest Breaking News from Asharq AlAwsat

A delegation from Djibouti, led by Chairman of the Djibouti Ports and Free Zone Authority Aboubaker Omar Hadi, held talks with members of the Saudi business community at the Federation of Saudi Chambers in Riyadh on Tuesday. Discussions tackled the economic and investment opportunities and means to double trade exchange…

More than 200 projects were launched in 74 countries to support the export of Saudi national products, revealed a recent report that monitored the level of achievements of the Kingdom's Vision 2030 in 2021. The projects come within the framework of supporting Saudi products’ access to international markets, the report…

The European Union’s Ambassador to Saudi Arabia, Patrick Simonnet, said a new visa system would be revealed soon, allowing Saudi citizens to obtain multiple entries to the EU. In remarks to Asharq Al-Awsat, Simonnet also revealed that work was underway to exempt all Gulf citizens from the visa requirement. His…

Saudi Arabia will announce in November the complete strategic and executive plan for the Saudi Green Initiative, based on an alliance of companies, scientific, and research bodies with over 60 experts in soil, water, climate change, and desertification. Environmental experts recommended supporting green initiatives that adopt sustainable afforestation projects and…

Seven Arab countries are expected to face a stifling food crisis if they don’t address their political and economic crises to face external challenges, topped by the Russian-Ukrainian war and the high cost of shipping from traditional food-exporting countries. All these outstanding issues and plans to address the food crisis…

Investment opportunities in the Arab markets have emerged, in light of the successive crises that have impacted the global economy, starting with the global financial crisis in 2008, the geopolitical changes in the Middle East, the coronavirus pandemic and the current war in Ukraine. Countries that have carried out broad…

It might seem somewhat strange for one of the biggest electric car producers to open a factory in one of the world’s major oil-producing countries, but it actually boils down to the story of the most exciting economic transformation of the 21st century. “It is one of the most exciting…

Digital investments have boosted Majid Al Futtaim's resilience during the COVID-19 pandemic and accelerated its recovery, announced CEO Alain Bejjani. Majid Al Futtaim is the leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa, and Asia. In an interview with Asharq Al-Awsat on the sidelines of…

Hezbollah chief Hassan Nasrallah's call on Lebanese political forces to hold dialogue over a national defense strategy has been widely rejected by his rivals. In remarks marking "Resistance and Liberation" Day on Wednesday, Nasrallah suggested that the dialogue would pave the way for Lebanon to drill for offshore gas and…

Several global partnerships and agreements enhancing the tourism sector in Saudi Arabia were accomplished at the Future Hospitality Summit, which concluded Wednesday. Saudi Arabia hosted the second edition of the Future Hospitality Summit under the theme "Reimagined Horizons" on the 24th and 25th of May at Riyadh Airport Marriott Hotel.…

Lebanon's opposition blocs and figures are set to face several challenges, beginning with the election of the parliament speaker and his deputy, followed by naming a prime minister, forming a government, and electing a president. It will "test" the unity and coordination among its members to prove whether they can…