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The Latest Breaking News from Kingdom of Saudi Arabia

Al-Wasel Presents his Credentials as Saudi Arabia's Permanent Representative to UN

Ambassador Dr. Abdulaziz bin Mohamed Al-Wasel presented his credentials as permanent representative of the Kingdom of Saudi Arabia to the United Nations in New York, reported the Saudi Press Agency. He presented his credentials to UN Secretary-General Antonio Guterres. Al-Wasel conveyed the greetings of the Saudi leadership to Guterres, who…

Asharq Al-Awsat

US Agrees to Sell 300 Patriot Missiles to Saudi Arabia

The US State Department approved the potential sale of Terminal High Altitude Area Defense (THAAD) missile interceptors to the United Arab Emirates and Patriot missile interceptors to Saudi Arabia in separate deals worth as much as $5.3 billion, the Pentagon said on Tuesday. The US State Department approved the potential…

Asharq Al-Awsat

BOI joins Energy Ministry team visit to Saudi Arabia

Mr. Narit Therdsteerasukdi, Deputy Secretary General of the Thailand Board of Investment (BOI), together with M.L. Chayotid Kridakon, Thai Trade Representative, joined the delegation led by H.E. Mr. Supattanapong Punmeechaow, Deputy Prime Minister and Minister of Energy of Thailand, on an official visit to the Kingdom of Saudi Arabia, between…

Bangkok Post

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Saudi Focus on Minerals Needed in Power Transition, EVs

Saudi Vice-Minister for Mining Affairs Khalid Al-Mudaifer has predicted a fourfold increase in the demand for minerals used in clean energy technologies and electric vehicles by 2040. Al-Mudaifer stressed that the Kingdom of Saudi Arabia is focused on benefiting from the knowledge and experience of developed mining regions. The vice-minister…

Asharq Al-Awsat

Biden Leaves Saudi Arabia after 2-Day Visit

US President Joe Biden left Jeddah on Saturday after a two-day official visit to the Kingdom of Saudi Arabia, during which he participated in the Jeddah Security and Development Summit. The President was seen off at the Royal Terminal at King Abdulaziz International Airport by Prince Khalid Al-Faisal, Advisor to…

Asharq Al-Awsat

Saudi Hajj Ministry: Available Vacancies, Registration to Continue Till Their Booked

Vacant seats are available for an estimated 150,000 pilgrims residing within the Kingdom of Saudi Arabia, revealed Ministry of Hajj and Umrah Spokesman Hisham Saeed. He added that the ministry allowed registration for the vacancies through concerned companies. However, Saeed noted that the process of verifying the controls is ultimately…

Asharq Al-Awsat

Saudi Investment Opportunities in Vaccines, Vital Medicines Worth $3.4 Bn

Saudi Arabia announced substantial investment opportunities in vaccines and medicines worth $3.4 billion, aiming to realize the Kingdom's goals of achieving pharmaceutical and health security and making Saudi Arabia an important center for this promising industry. Minister of Industry and Mineral Resources Bandar al-Khorayef explained that the ministry is keen…

Asharq Al-Awsat

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KSrelief Dispatches Over 100 Relief Trucks to Yemen

More than 109 relief trucks provided by King Salman Humanitarian Aid and Relief Center (KSrelief) have crossed the Al-Wadiah main land port from June 8 to 19, carrying 20,457 food baskets and 30,000 cartons of dates, the Saudi Press Agency reported on Saturday. The trucks headed to the Yemeni governorates…

Asharq Al-Awsat

Saudi Arabia Advances 8 Positions in Global Competitiveness Index

The Kingdom of Saudi Arabia is continuing its upward ascent in the global competitiveness rankings in the World Competitiveness Yearbook 2022, published by Switzerland-based International Institute for Management Development (IMD). According to the Yearbook, Saudi Arabia is ranked as the 24th most competitive economy among the 63 countries covered by…

Asharq Al-Awsat

Google to Open Two New HQs in Saudi Arabia

American multinational technology company Google is preparing for launching two new headquarter offices in the Kingdom of Saudi Arabia. The planned offices will open in the cities of Riyadh and al-Dammam. Google also is building a data partnership with Saudi oil giant, Aramco. Google drove about SR12.2 billion ($3.25 billion)…

Asharq Al-Awsat

London, Riyadh to Ensure Sustainable Solutions Meeting Global Energy Needs

A British diplomat stressed that her country would work closely with Saudi Arabia as one of the strategic partners to ensure sustainable solutions that meet global energy needs and protect the world for the future. UK Deputy Ambassador to the Kingdom of Saudi Arabia Anna Walters affirmed that SABIC's recent…

Asharq Al-Awsat

KBR Bags General Maintenance Services Contract From SATORP

Saudi Aramco TOTAL Refining and Petrochemical Company (SATORP) has awarded KBR, Inc. (NYSE:KBR) a 7-year contract, with an option to extend for another 3 years, for the provision of General Maintenance Services (GMS) for its project in Jubail, Kingdom of Saudi Arabia. Financial terms were not disclosed. KBR will provide preventive, predictive,…

Benzinga

Saudi Deposit Promotes Stability of Egypt’s Foreign Exchange Market

With Saudi Arabia’s announcement of a $5 billion deposit with the Central Bank of Egypt on Wednesday, sources told Asharq Al-Awsat that this move would enhance the stability of the foreign exchange market and consolidate the Egyptian economy amid severe pressure on the Egyptian pound. In a statement published by…

Asharq Al-Awsat

King Salman: Umm Al-Qura Witnessed the Establishment of Saudi Arabia, Rose with Its Great Renaissance

The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz, affirmed on Wednesday the grace and blessings bestowed upon the Kingdom of Saudi Arabia in embracing the Two Holy Mosques and serving pilgrims, Umrah performers and visitors, which is the approach of this country since it was founded by…

Asharq Al-Awsat

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Asharq Al-Awsat

Lebanese Officials Say Houthi Attacks Against Saudi Arabia are 'Absolute Criminality'

Lebanese officials and politicians condemned the attack on Saudi oil facilities in Jeddah, saying it is an absolute crime. The officials expressed their solidarity with Saudi Arabia, calling on the international community to deter Houthi attacks. The Lebanese Grand Mufti, Sheikh Abdul Latif Derian, condemned the aggression against the Kingdom…

Asharq Al-Awsat

Sedco Holding Sells 15% Stake in Nahdi through First Portfolio Company IPO

SEDCO Holding, one of the largest family-owned investment groups in the Kingdom of Saudi Arabia, announced the successful listing of its portfolio company Nahdi Medical Company (Nahdi) on the Saudi Exchange main index. This marks SEDCO Holding’s first partial exit through a public share sale.

Asharq Al-Awsat

Mikati: We Won’t Allow Harm to Security of Saudi Arabia or Gulf States

Lebanon’s Prime Minister Najib Mikati underlined the government’s commitment to restore normal relations with the Gulf Cooperation Council countries, stressing that the phone call with the Kuwaiti Minister of Foreign Affairs, Sheikh Ahmad Nasser Al-Mohammad Al Sabah, “falls within this framework.” In a statement on Monday, Mikati said: “I renew…

Asharq Al-Awsat

Saudi Arabia Denies Reports of Blinken Visit

The Saudi Foreign Ministry denied media reports that US Secretary of State Antony Blinken would visit the Kingdom in the near future, state news agency (SPA) reported on Saturday. “The Ministry of Foreign Affairs denied reports circulated in the media and attributed to an official source in the ministry regarding…

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Asharq Al-Awsat

Saudi Arabia Confirms Abundance of Basic Commodities

Saudi Arabia’s Minister of Environment, Water and Agriculture and Chairman of the Food Security Committee, Abdulrahman Abdulmohsen AlFadley, confirmed that the supplies and stocks of food commodities in the Kingdom of Saudi Arabia are reassuring, and there are no concerns about abundance in the local markets against the backdrop of…

Asharq Al-Awsat

Lebanon Thwarts Attempt to Smuggle Drugs to Saudi Arabia

The Lebanese authorities announced thwarting an attempt to smuggle drugs to Saudi Arabia on board a truck intended for land transport. Lebanon's Interior Minister Bassam Mawlawi said on Twitter that the Information Division in the General Directorate of the Internal Security Forces (ISF) accomplished a new and qualitative achievement and…

Asharq Al-Awsat

Royal Order: Saudi Arabia to Commemorate February 22 as Founding Day

Saudi Arabia will commemorate February 22 every year as the nation’s Founding Day, according to a Royal Order issued on Thursday. Issuing the Royal Order, Custodian of the Two Holy Mosques King Salman also said February 22 shall be an official holiday in the country. “Taking into account that the…

Benzinga

Energy Recovery Secures $25M In Contracts With SWRO Plants In Saudi Arabia

Energy Recovery, Inc. (NASDAQ:ERII) has received contract awards totaling ~$25 million for its PX Pressure Exchanger energy recovery devices for desalination plants in the Kingdom of Saudi Arabia. The contract includes several of the company's PX PowerTrain solutions that simplify the integration of PX devices in a facility. The capacity for the combined…

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