The Latest Breaking News from Kingdom

Saudi Arabia’s inflation rate dropped to 2.7 % in March, against 3 % recorded in February, according to the latest report released by the General Authority for Statistics (GASTAT). The consumer price index bulletin of March attributed the Kingdom’s low inflation to the strength of the Saudi economy and the…

Prince Mohammad bin Salman bin Abdulaziz, Crown Prince, Prime Minister and Chairman of the Council for Economic and Development Affairs, launched on Thursday four new Special Economic Zones in Saudi Arabia in line with his commitment to strengthening the Kingdom's position as a global investment destination. The new Special Economic…

The inflation rate in the Kingdom remained relatively stable in the first quarter of 2023, reaching 3.4% in January, going down in February to 3%, and standing at 2.7% in March, achieving relative stability in the first quarter of 2023. The Consumer Price Index for March 2023 reflects the stability…

White House National Security Advisor Jake Sullivan recently phoned Saudi Arabia’s Crown Prince Mohammed bin Salman, while senior Republican senator Lindsey Graham visited him, highlighting a growing bipartisan interest in strengthening the historical ties between the US and the Kingdom. Recent interactions between senior Saudi leaders and both Democratic and…

Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah received on Wednesday a telephone call from United Nations envoy to Syria Geir Pedersen. The officials discussed means to reach a political solution to the crisis in Syria and the envoy’s efforts to that end. Prince Faisal underscored the Kingdom’s keenness…

Syrian Foreign Minister Faisal al-Mikdad arrived in Saudi Arabia on Wednesday. He was welcomed at Jeddah’s King Abdulaziz Airport by deputy Foreign Minister Waleed Al-Khuraiji. Mikdad is visiting the Kingdom at the invitation of his counterpart Prince Faisal bin Farhan bin Abdullah to hold talks about reaching a political solution…

Saudi Arabia topped the G20 countries in the performance of the purchasing managers’ index (PMI) for the non-oil private sector, in January 2023. The index recorded headline growth at 58.2 points, marking consecutive growth since September 2020 and reflecting the strength and durability of the Kingdom’s economy despite the state…

The Saudi Heritage Commission approved the registration and documentation of 190 new archaeological sites in the national register of Antiquities. There are now 8,788 such locations in the national register across the country, representing a national legacy that reflects the historical richness of the Kingdom. Asir region has the largest…

Saudi Arabia’s ambassador to Yemen Mohammed Al-Jaber said on Monday his visit to Sanaa aims to stabilize the truce and ceasefire, support the prisoner exchange process, and explore dialogue prospects between the Yemeni components to reach a sustainable and comprehensive political solution. “Continuing the Kingdom’s efforts to end the Yemeni…

A “technical delegation” from Saudi Arabia led by Nasser bin Awad Al-Ghannoum has visited the Kingdom’s embassy building in Tehran. The Saudi delegation arrived in Iran three days after a meeting between Saudi Foreign Minister Prince Faisal bin Farhan and his Iranian counterpart Hossein Amir-Abdollahian in Beijing. The foreign ministers…

A Saudi official revealed a plan to expand the tourism sector and attract domestic and foreign investment, noting that the Ministry of Investment will soon announce the size and number of new entertainment and tourism projects in the Kingdom for 2023. Eng. Bahaa A.