The Latest Breaking News from Saudi Arabia

Saudi Minister of State for Foreign Affairs, Cabinet Member, and Climate Envoy Adel bin Ahmed Al-Jubeir received in Riyadh on Thursday International President of Doctors Without Borders (MSF) Christos Christou. The officials reviewed aspects of cooperation between Saudi Arabia and the MSF. They also discussed issues of common interest.

Saudi Arabia’s gross domestic product (GDP) grew by 8.7 percent in 2022, registering the highest growth rate among the G20 countries, despite the complex economic conditions and challenges facing the world. This rise has exceeded the expectations of international organizations, which have estimated the Saudi GDP to increase by 8.3…

Hussain Sajwani, Chairman of the Board of Directors of DAMAC, said that the group’s investment in data centers in Saudi Arabia came after an extensive study of the Saudi market, which offered many promising investment opportunities within the framework of Vision 2030. In an interview with Asharq Al-Awsat, Sajwani pointed…

Saudi financing agencies announced the allocation of 11 billion riyals ($2.9 billion) for entrepreneurship projects and SMEs in the Kingdom. This came during the launching of Biban 2023 - Saudi Arabia’s largest start-up, SME, and entrepreneurship conference – which kicked off on Thursday at the Riyadh Front Exhibition and Conference…

The Board of Directors of Jada Fund of Funds – Saudi government-owned by the Public Investment Fund to provide funding to Saudi SMEs through commercially sustainable investments in venture capital and private equity funds - announced the appointment of Mr. Bandr Mohammed Alhomaly as CEO. The Board is highly confident…

The inaugural Islamic Arts Biennale is underway in Jeddah, Saudi Arabia. (Biennales are large and prestigious international art exhibitions held every two years.) This important new event for the Muslim world features numerous African artists. And the biennale’s artistic director is Sumayya Vally, a South African architecture professor and principal…

Paul suffered his first professional defeat to Fury in Saudi Arabia last month but the YouTuber-turned-boxer has insisted that his rival "didn't win" the fight

As South Korea recently announced its intention to encourage its companies to enter the Saudi market and seize the available opportunities, Saudi Minister of Finance Mohammed Al-Jadaan met on Wednesday in Seoul, with a consortium of South Korean companies, in the presence of Wong Hee-ryong, Korean Minister of Lands, Infrastructure…

Saudi Arabia is keen on developing its relations with Russia on all levels, and is ready to help resolve the dispute between Russia and Ukraine, Saudi Foreign Minister Prince Faisal bin Farhan said on Thursday during a visit to Moscow. During a meeting with his Russian counterpart Sergei Lavrov, the…

Saudi Arabia has become a global player, and Poland is looking forward to a significant trade and investment movement, especially in the agricultural sector, revealed a senior Polish diplomat as Riyadh and Warsaw move towards strengthening their strategic partnership and expanding economic cooperation. On Wednesday, Saudi Arabia’s Crown Prince Mohammed…

Saudi Arabia will allocate $800 million through the Saudi Fund for Development (SFD) to finance development projects for Least Developed Countries (LDCs) in regions including Africa and Asia, Minister of Economy and Planning Faisal bin Fadhil Al Ibrahim announced during the Fifth United Nations Conference on the Least Developed Countries…