The Latest Breaking News from Kingdom

The Saudi Olympic and Paralympic Committee officially submitted a letter of interest to the Olympic Council of Asia (OCA) to host the 10th Asian Winter Games (AWG) in TROJENA, NEOM’s global destination for mountain tourism. The letter included a brief of the Kingdom’s ambitious Vision 2030, which will support TROJENA…

The number of small and medium enterprises (SMEs) in Saudi Arabia increased by about 68 percent, reaching 752,500 during Q1 of 2022, in light of the incentives provided by Vision 2030. A recent report by the Digital Transformation Program, a copy of which was reviewed by Asharq Al-Awsat, showed that…

Saudi Arabia continued exerting efforts to attract investments and expand the local development project, announcing the establishment of two independent bodies to promote investment and another for roads. The Saudi cabinet approved the establishment of the Saudi Investment Promotion Authority (SIPA) to achieve cooperation among various parties and support all…

Saudi Arabia’s General Commission for Audiovisual Media issued a decision requiring individuals to obtain a license to publish advertisement content on their personal social media platform. “This move will help regulate the advertising sector and digital content in the Kingdom,” the authority said. It called on those who wish to…

The Research, Development and Innovation Development Authority, which was established in June 2021, is holding successive workshops to develop the national strategy for the sector, to be announced at a later stage, within efforts to achieve the aspirations of Saudi Vision 2030. Engineer Abdulwahed Alghanem, President of the Saudi Association…

The Saudi General Authority for Statistics (GASTAT) revealed on Sunday that the Kingdom’s real gross domestic product (GDP) jumped by 11.8 % year-on-year (YoY) in the second quarter of 2022. The announcement countered International Monetary Fund projections that the economy will grow at 7.6% this year, the highest growth among…

The Saudi private sector plans to explore investment opportunities in the agricultural sector in 10 Arab countries, including Saudi Arabia, official data revealed on Saturday. The Federation of Saudi Chambers (FSC) had presented a comprehensive and detailed list on the future projects in the specified countries, to benefit the companies…

President of the Saudi Human Rights Commission (HRC) and Chairman of the National Committee to Combat Trafficking in Persons Dr.

Casey had some strong opinions on his former professional tours ahead of his LIV Golf debut.

A team of archaeologists from Saudi Arabia and around the world have discovered new archaeological sites in the Al-Faw Archaeological Area, the capital of the ancient Arab Kindah Kingdom, the Heritage Commission announced on Tuesday. The Commission confirmed that it has recently discovered more secrets about the capital of the…

The International Monetary Fund (IMF) has raised its 2023 growth forecasts for Saudi Arabia’s economy by 0.1% from April to 3.7%. It maintained its projections for the Kingdom’s economic growth during 2022 at 7.6% compared to 4.4% in January. This was revealed Tuesday in its World Economic Outlook report for…