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The Latest Breaking News from Riyadh

Saudi Crown Prince Launches Company to Develop World’s Largest Modern Downtown in Riyadh

Saudi Crown Prince Mohammed bin Salman bin Abdulaziz, Deputy Prime Minister and Minister of Defense, and Chairman of the New Murabba Development Company (NMDC), announced on Thursday the launch of the New Murabba Development Company which aims to develop the world’s largest modern downtown in Riyadh. The New Murabba project…

Asharq Al-Awsat

Saudi Arabia aims for huge new downtown in Riyadh by 2030

Saudi Crown Prince Mohammed bin Salman on Thursday launched a company to carry out a hugely ambitious development in downtown Riyadh, as part of the leading oil exporter's plans to make its capital a global metropolis and diversify the economy.

Reuters

‘Riyadh International Humanitarian Forum’ Offers Opportunity for Innovative, Sustainable Relief Solutions

The King Salman Humanitarian Aid and Relief Center (KSRelief) will convene the third Riyadh International Humanitarian Forum (RIHF) between 20-21 February. The event will focus on facing the most pressing challenges and developing innovative and sustainable scientific solutions in the field of humanitarian work. The forum, which will be launched…

Asharq Al-Awsat

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GCC, South Korea Launch 7th Round of Trade Negotiations

The Seventh Round of the Free Trade Agreement negotiations between the Gulf Cooperation Council and South Korea was launched at the headquarters of the GCC in Riyadh, the Saudi Press Agency reported Wednesday. The negotiations, which are scheduled to last until Thursday, are set to discuss as many as 14…

Asharq Al-Awsat

Saudi Govt Stresses Kingdom’s Support to Earthquake Victims

The Saudi government stressed on Tuesday its solidarity and support to the victims of the devastating earthquake that struck Syria and Türkiye last week. Custodian of the Two Holy Mosques King Salman bin Abdulaziz chaired the cabinet meeting that was held in Riyadh. The government stressed that it stands by…

Asharq Al-Awsat

Saffron Beach misses world's richest horse race for £275,000 date with superstar Frankel

The Jane Chapple-Hyam trained Group 1 winner Saffron Beach was considered not right enough to travel to Riyadh for the £16 million Saudi Cup and has been retired

Daily Mirror

Saudi Arabia Allocates 100 Mln Sqm of Land to Reduce Real Estate Prices

Saudi Minister of Municipal, Rural Affairs and Housing Majed Al Hogail said that Crown Prince Mohammed bin Salman ordered allocating the residential sector with 100 million square meters (sqm) of land in Riyadh and other cities, where land and real estate prices are rising. Al Hogail revealed that about 1.5…

Asharq Al-Awsat

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Alimi Heads to Europe to Coordinate Peace Efforts in Yemen

The head of the Yemeni Leadership Council, Rashad al-Alimi, left Aden for Riyadh ahead of his European tour, including Belgium and Germany, to coordinate the stalled peace efforts with the Houthi militia. According to a source in the Yemeni presidency, Alimi was scheduled to hold discussions with senior European officials…

Asharq Al-Awsat

Saudi Housing Ministry Launches Kingdom’s First Metaverse Platform

The Ministry of Municipal, Rural Affairs and Housing announced the launching of Sakani Metaverse, the first platform of its kind in the Kingdom, in a step that aims at exploiting the interactive technology to raise the quality of life. The announcement came during the ministry’s participation in the LEAP 2023…

Asharq Al-Awsat

Grundberg Discusses in Muscat Means to Renew Truce in Yemen

UN Envoy Hans Grundberg concluded his talks in Muscat on Thursday, as part of his efforts to renew the Yemeni truce and start a comprehensive political process. Earlier this week, the UN envoy visited Riyadh and met with Saudi officials, before landing in the interim Yemeni capital, Aden, to meet…

Asharq Al-Awsat

LEAP 2023 Witnesses Launching of National Geospatial Center

Experts at the LEAP 2023 conference, which concluded on Thursday in Riyadh, stressed that the future of smart cities depended on technical solutions, modern legislation, and the reduction of carbon emissions. This came as the General Authority for Survey and Geospatial Information announced the launching of the National Geospatial Centre,…

Asharq Al-Awsat

Jake Paul tells fans to bet their house on him knocking out Tommy Fury

One of Paul or Fury will lose their undefeated record later this month when they finally settle their years-long feud in Riyadh, Saudi Arabia

Daily Mirror

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

Saudi FDI Inflows Grow by 10.7% in 3rd Quarter 2022

The Saudi Ministry of Investment said on Tuesday that the foreign direct investment (FDI) inflows into Saudi Arabia rose 10.7% in the third quarter of 2022 over the same period a year earlier. FDI inflows amounted to 7.2 billion riyals ($1.9 billion) in the third quarter of 2022, according to…

Asharq Al-Awsat

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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

Qatar, Bahrain Agree in Riyadh to Resolve Pending Disputes

Qatar and Bahrain agreed on Tuesday to resolve pending disputes between them in line with the AlUla declaration that was reached in 2021. Qatari Foreign Minister and Deputy Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani and Bahraini FM Dr. Abdul Latif al-Zayani headed two delegations that met for talks…

Asharq Al-Awsat

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…

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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 Govt Agencies Reveal Products, Programs for Digital Transformation

The first day of the LEAP 2023 conference in Riyadh on Monday witnessed a number of agreements and the launch of a package of platforms and digital products to maximize business. Saudi Minister of Energy Prince Abdulaziz bin Salman inaugurated a digital platform specialized in providing a number of services…

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

Caracalla Dance Theater Takes ‘Jamil and Bouthayna’ to Jeddah

After AlUla, where the story of Jamil ibn Ma'mar and Bouthayna Bint Hayyan was born, and the Theater of Princess Nourah Bint Abdulrahman University in Riyadh, in June 2022, the Caracalla Dance Theatre plans to perform the Arabic epic love story of Jamil and Bouthayna in Jeddah, on “The Jamil…

Asharq Al-Awsat

Sara: Saudi Arabia's First Interactive Robot

Sara, Saudi Arabia's first interactive robot, welcomed attendees at LEAP 2023 conference, which was launched in Riyadh on Monday. Sara was manufactured in cooperation between Saudi Digital and Qss Company. It can communicate with all visitors, interact with them, perform popular dance moves, and respond to visitors' inquiries.

Asharq Al-Awsat

Riyadh Hosts Major Int’l Tech Gathering to Predict Future of Global Technology

Saudi Arabia’s capital Riyadh is hosting the second edition of a major technology conference known as LEAP. From Feb.

Asharq Al-Awsat

IAEE Conference Discusses Opportunities for Advancing ‘Hydrogen Economy’

Hosted for the first time in the MENA region, the 44th International Association for Energy Economics (IAEE) Conference in Riyadh reviewed the risks of volatility in global oil and gas markets. Participants at the summit also discussed threats to future opportunities offered by the hydrogen economy. Prince Abdulaziz bin Salman,…

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