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The Latest Breaking News from Kingdom

Shadow Economy in Saudi Arabia Touches 15%

Saudi Finance Minister and Chairman of the Zakat, Tax and Customs Authority (ZATCA) Mohammed Al-Jadaan – during a panel discussion held under the theme “Addressing the Shadow Economy Using Digital Solutions”, as part of the Riyadh-hosted Zakat, Tax and Customs Conference said that the shadow economy today has become prevalent…

Asharq Al-Awsat

Funds, Financing Portfolios Allocate $1 Billion for Saudi Emerging Technologies

Eight investment funds and programs allocated 3.7 billion riyals ($1 billion) to support Saudi Arabia’s IT sector. On the sidelines of the LEAP 2023 conference in Riyadh, the Ministry of Communications and Information Technology unveiled on Tuesday investment funds to support the growth of startups and medium-sized companies, accelerate the…

Asharq Al-Awsat

UN Envoy in Riyadh, Aden to Discuss Efforts to Resolve Yemen Crisis

United Nations envoy to Yemen Hans Grundberg held talks in Riyadh and the interim Yemeni capital, Aden, aimed at reaching a political solution in the war-torn country. In the Saudi capital, he met with the Kingdom’s Ambassador to Yemen and Supervisor General of the Saudi Program for Development and Reconstruction…

Asharq Al-Awsat

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Saudi Arabia Underscores Solidarity with Türkiye, Syria after Devastating Quake

The Saudi government underscored on Tuesday its solidarity with Turkey and Syria in wake of the devastating earthquake that struck them on Monday. Custodian of the Two Holy Mosques King Salman bin Abdulaziz chaired the cabinet meeting that was held in Riyadh. The ministers reviewed the latest regional and international…

Asharq Al-Awsat

Saudi Arabia Seeks to Promote 4th Industrial Revolution Technologies to Raise Productivity

Saudi ministers have revealed the Kingdom’s determination to harness technology in diversifying the economy, with the launching of new investments and activating the full potential of the fourth industrial revolution technologies in various sectors. Speaking during a session held on the first day of the LEAP 2023 conference in Riyadh,…

Asharq Al-Awsat

Saudi Arabia Unveils Investments Exceeding $9 Billion with Launch of LEAP 2023

With the launch of the LEAP Tech 2023 conference - the largest global gathering for technology and digitization developments – on Monday in Riyadh, Saudi Arabia unveiled investments exceeding $9 billion to support future technologies and emerging companies in the Kingdom. More than 700 experts, scientists and specialized companies from…

Asharq Al-Awsat

Wide Arab, Int’l Solidarity with Earthquake Victims in Türkiye, Syria

Arab and foreign countries have voiced their solidarity with Türkiye and Syria following a devastating earthquake on Monday that killed hundreds and injured thousands. Saudi Arabia’s Crown Prince Mohammed bin Salman called Turkish President Recep Tayyip Erdogan and offered his condolences over the deadly 7.8-magnitude earthquake that struck Türkiye. During…

Asharq Al-Awsat

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Saudi Arabia, Oman Agree to Maintain Coordination over Regional Issues

Saudi Arabia and Oman said on Monday they were determined to hold the first meeting of their coordination council during 2023. Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah and his Omani counterpart Badr Albusaidi held consultative talks in Muscat on Monday aimed at tackling regional challenges and ways…

Asharq Al-Awsat

Saudi Leadership Condoles Erdogan on Quake Victims

The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, has sent a cable of condolence and sympathy to Turkish President Recep Tayyip Erdogan, on the victims of the deadly earthquake that struck southern Türkiye. In his cable, the King “expressed his profound sorrow and pain on…

Asharq Al-Awsat

Aramco Announces Strategic Partnership with Zoom, Increase in Funding for Wa’ed Ventures

Saudi Aramco announced on Monday a strategic partnership with Zoom and an increase in funding for Wa’ed Ventures. The announcements were made at the second edition of LEAP, a major international technology conference held annually in Saudi Arabia. The strategic partnership with Aramco aims to build Zoom’s first global data…

Asharq Al-Awsat

Saudi Arabia Offers Condolences to Türkiye, Syria after Devastating Quake

Saudi Arabia offered on Monday its condolences to Türkiye and Syria in wake of the devastating quake that claimed at least 1,400 lives. The Saudi Foreign Ministry said the Kingdom was closely following the tragic developments in Türkiye and Syria. It expressed the Kingdom’s solidarity and sympathy with the families…

Asharq Al-Awsat

Saudi Corporate Confidence at Highest Rate in Two Years

The level of confidence among companies in the non-oil-producing private sector in Saudi Arabia rose to its highest rate in two years during January, according to the data of the Purchasing Managers’ Index (PMI), issued by Riyad Bank. The Kingdom’s Purchasing Managers’ Index touched 58.2 in January 2023, the second-highest…

Asharq Al-Awsat

Celebrating a hero

Corrado Feroci, an accomplished sculptor and painter, was nominated by the Italian government to fill a teaching position in the Siamese civil service upon the Kingdom's request. Feroci, who graduated from the Royal Art Academy of Florence, arrived in Siam on Jan 14, 1923, and later adopted the Thai name…

Bangkok Post

Saudi Arabia, Iraq to Confidently Deepen Coordination, Cooperation

Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah stressed on Thursday that relations shared by the Kingdom and Iraq are recently witnessing positive momentum thanks to the directives of the leaderships of the two countries. “Saudi Arabia and Iraq are working closely to continue the momentum in bilateral relations,…

Asharq Al-Awsat

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Asharq Al-Awsat

Saudi Arabia, France Sign MoU on Energy Cooperation

Saudi Energy Minister Prince Abdulaziz bin Salman held talks in Riyadh on Thursday with French Foreign Minister Catherine Colonna, who was on an official visit to the Kingdom. They discussed prospects of cooperation in peaceful uses of nuclear energy and future opportunities in various energy fields, including renewable energy, clean…

Asharq Al-Awsat

Saudi, French FMs Meet in Riyadh

Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah held talks in Riyadh on Thursday with his French counterpart Catherine Colonna, who was on an official visit to the Kingdom. The ministers discussed the strong bilateral relations that bind Riyadh and Paris and ways of boosting and developing them in…

Asharq Al-Awsat

Saudi Arabia Launches First Electric Bus

Saudi Arabia has inaugurated on Thursday the first electric public transport bus in the Kingdom in the city of Jeddah. The step comes as part of its efforts to reduce carbon emissions by 25 percent by 2030. The latest models of electric passenger buses, which are being operated by SAPTCO,…

Asharq Al-Awsat

GCC, OIC Chiefs Congratulate Saudi Arabia on Hosting 2027 Asian Cup

Secretary General of the Gulf Cooperation Council (GCC) Jassem Mohamed Albudaiwi has congratulated Saudi Arabia on the Kingdom’s selection as host of the Asian Nations Cup 2027. Albudaiwi expressed pride in the Kingdom, saying that hosting the Asian tournament is proof of Saudi Arabia’s ability to organize major international events.…

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The Guardian - UK

Rate of executions in Saudi Arabia almost doubles under Mohammed bin Salman

Last six years among bloodiest in kingdom’s modern history despite push to modernise

Asharq Al-Awsat

Eurasian Resources to Launch Long-term Investment in Saudi Arabia

Eurasian Resources Group (ERG) has announced its intention to invest in the Kingdom’s mining sector for the long term to expand its presence in the region. Benedikt Sobotka, CEO of ERG, said that the Future Minerals Forum, which was held in Riyadh in January, revealed the enormous mineral capabilities of…

Asharq Al-Awsat

Saudi Economy Grows 8.7%

Saudi Arabia registered an 8.7% economic growth in 2022, the General Authority for Statistics (GASTAT) said on Tuesday. The real GDP of the Kingdom during the fourth quarter of 2022 grew by 5.4 percent, compared to the same period in 2021. “This increase in GDP was a result of the…

Asharq Al-Awsat

Saudi Energy Minister: We Aim to Boost Oil, Gas Production, Plan to Export Hydrogen

Saudi Energy Minister Prince Abdulaziz bin Salman announced the Kingdom’s strategic plans to increase its production of oil, gas and clean energy. “We in the Kingdom aim to increase oil and gas production, and we plan to export hydrogen,” said Prince Abdulaziz on the sidelines of the 7th edition of…

Asharq Al-Awsat

Saudi Arabia Launches E-Transit Visa for Visitors Arriving by Air

Saudi Arabia launched an electronic service that allows passengers arriving in the Kingdom by air to obtain an entry visa electronically. The e-transit visa for stopover aims to facilitate and automate entry visa procedures and allows entry to Saudi Arabia for people who wish to perform the Umrah, visit the…

Bangkok Post

Forging the path forward

Thailand may not be famous for innovation, but there are many talented inventors in the Kingdom. At "Thailand Inventors' Day 2023", visitors will be impressed by inventions by Thai innovators such as a special oral hygiene set for bed-ridden patients, a smart gun for formalin detection in food, microneedles with…

Asharq Al-Awsat

Saudi Arabia Strongly Condemns Pakistan Terror Attack

Saudi Arabia strongly condemned on Monday the terrorist attack that targeted a crowded mosque in Pakistan’s northwestern city of Peshawar. The Saudi Foreign Ministry underscored the Kingdom’s firm rejection of attacks against places of worship the terrorization of worshippers and the shedding of innocent blood. Saudi Arabia stands by the…

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