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The Latest Breaking News from Kingdom

Saudi Arabia Advances 15 Ranks on Global Innovation Index

Saudi Arabia has risen 15 places in the World Intellectual Property Organization (WIPO) Global Innovation Index 2022, reflecting the extent of development in research, development, and innovation in the Kingdom.

Asharq Al-Awsat · Mar 15, 2023

Saudi Culture Minister Meets French Counterpart

Saudi Minister of Culture and Governor of the Royal Commission for AlUla Prince Badr bin Abdullah bin Farhan held an official meeting with the French Minister of Culture, Rima Abdul Malak, who is on an official visit to the Kingdom of Saudi Arabia. Prince Badr emphasized the strong bilateral relations…

Asharq Al-Awsat · Mar 14, 2023

Saudi Energy Minister, Tuvalu Prime Minister Discuss Energy Cooperation

Saudi Energy Minister Prince Abdulaziz bin Salman met with Prime Minister of Tuvalu Kausea Natano in Riyadh. During the meeting, the two officials discussed bilateral relations between the two countries, prospects for joint cooperation in energy fields, and ways to develop ties. They also reviewed the Kingdom's initiatives to preserve…

Asharq Al-Awsat · Mar 14, 2023

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Saudi FM to Asharq Al-Awsat: Agreement with Iran Sign of Joint Will to Resolve Disputes through Dialogue

Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah said the Saudi-Iranian agreement to restore diplomatic relations underscores the joint desire by both sides to “resolve disputes through communication and dialogue.” He added, however: “This does not mean that an agreement has been reached to resolve all pending disputes between…

Asharq Al-Awsat · Mar 13, 2023

Saudi Arabia's golf case threatens to spill kingdom secrets

Saudi officials who oversee the kingdom’s U.S. investments haven’t been shy about flaunting their ties with top American business and political figures

The Independent UK · Mar 12, 2023

SME Bank Allocates 10.5 Billion Riyals to SME Funding Solutions

The Small and Medium Enterprises Bank (SME Bank), a development bank under the National Development Fund, announced allocating an amount of 10.5 billion riyals to support the small and medium enterprises sector, through existing and new financing programs offered by the Bank, including direct and indirect lending programs, financing guarantee,…

Asharq Al-Awsat · Mar 12, 2023

Iraq Welcomes Saudi-Iran Agreement, Pro-Tehran Factions Silent

The Iraqi government expressed its satisfaction with the signing of the Chinese-sponsored agreement to restore relations between Saudi Arabia and Iran. Iraqi Prime Minister Mohammed Shia al-Sudani received a telephone call from Ali Shamkhani, the secretary of Iran’s Supreme National Security Council, to voice Tehran’s gratitude to Baghdad that had…

Asharq Al-Awsat · Mar 11, 2023

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Intensive Meetings to Assess Riyadh’s Readiness to Host Expo 2030

The mission of the International Bureau of Exhibitions (BIE), the authority concerned with evaluating the ability of the candidate cities to host Expo 2030, has intensified its ministerial-level meetings, to assess the infrastructure of the Saudi capital, which is seeking to host the major global event. Crown Prince Mohammed bin…

Asharq Al-Awsat · Mar 11, 2023

Saudi Arabia: Deep Discussions Were Crowned by Agreement with Iran

Saudi Minister of State, Member of the Council of Ministers, and National Security Advisor, Musaad bin Mohammed Al-Aiban stressed on Friday that the agreement reached between Saudi Arabia and Iran on restoring diplomatic ties capped deep discussions that tackled the reasons of the differences and ways to address them. He…

Asharq Al-Awsat · Mar 10, 2023

UAE’s DAMAC Boosts Investment in Saudi Data Centers

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…

Asharq Al-Awsat · Mar 10, 2023

Saudi Arabia Allocates $2.9 Billion for SMEs

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…

Asharq Al-Awsat · Mar 10, 2023

Saudi Arabia Evaluates 300 Projects for Potential Privatization

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…

Asharq Al-Awsat · Mar 9, 2023

SDRPY Shares Sustainable Development Experience in Yemen at UN Conference in Qatar

Officials from the Saudi Development and Reconstruction Program for Yemen (SDRPY) are taking part in the 5th UN Conference on the Least Developed Countries being held in the Qatari capital, Doha. Besides sharing the organization’s development experience in Yemen, SDRPY officials affirmed that the program would continue supporting initiatives and…

Asharq Al-Awsat · Mar 9, 2023

Saudi Arabia to Allocate $800 Million of Loans for Least Developed Countries

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…

Asharq Al-Awsat · Mar 9, 2023

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Asharq Al-Awsat · Mar 8, 2023

Saudi Arabia Condemns Israeli Forces’ Raid of Jenin Palestinian Refugee Camp

Saudi Arabia condemned on Wednesday an Israeli raid on the Palestinian refugee camp in Jenin. The Foreign Ministry underscored the Kingdom’s complete rejection of the dangerous violations committed by Israeli forces. It offered its condolences to the relatives of the victims and Palestinian government and people. The Israeli army raided…

Asharq Al-Awsat · Mar 8, 2023

Seoul Seeks Aramco’s Help to Win Contracts of Saudi Giga Projects

South Korea's government intends to make its firms enter the Saudi market and win contracts to construct $500 billion worth of projects to develop smart and eco-friendly cities in NEOM, in the northwest of the Kingdom. The Export-Import Bank of Korea has announced the signing of a $6 billion framework…

Asharq Al-Awsat · Mar 8, 2023

New Ministers Sworn in before Saudi King, Crown Prince

Two new Saudi ministers took the oath of office on Tuesday before Custodian of the Two Holy Mosque King Salman bin Abdulaziz and Prince Mohammed bin Salman, Crown Prince and Prime Minister. At a ceremony in Riyadh, Salman bin Yousef Al-Dossari was sworn in as Minister of Media and Eng.…

Asharq Al-Awsat · Mar 8, 2023

Saudi Crown Prince, Alimi Discuss Developments in Yemen

Prince Mohammed bin Salman, Crown Prince and Prime Minister, held talks with Chairman of the Yemeni Presidential Leadership Council Dr. Rashad al-Alimi in Riyadh on Tuesday, reported the Saudi Press Agency. The talks focused on the developments in Yemen, with Crown Prince Mohammed underscoring the Kingdom’s ongoing support to the…

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Asharq Al-Awsat · Mar 7, 2023

Emir of Qatar Meets with Saudi Minister of Economy and Planning

Emir of Qatar Sheikh Tamim bin Hamad Al Thani received on Tuesday Saudi Minister of Economy and Planning Faisal bin Fadhil Al-Ibrahim on the sidelines of the Fifth United Nations Conference on the Least Developed Countries (LDC5), which is being held in Doha, reported the Saudi Press Agency. The minister…

Asharq Al-Awsat · Mar 7, 2023

Saudi FM Discusses in London Accomplishments of Vision 2030

Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah presented in London on Tuesday the rapid developments the Kingdom is witnessing in light of its Vision 2030. He took part at a roundtable meeting organized by Chatham House – International Affairs Think Tank. The talks focused on the historic and…

Asharq Al-Awsat · Mar 7, 2023

International Brand Selected for Establishment of Saudi Arabia's First Wellness Resort

Saudi Arabia chose a signature international brand to implement the first wellness resort in the Triple Bay area, which is located within the Amaala project in the west of the Kingdom. Red Sea Global announced on Monday its partnership with Jayasom, saying that work was in full swing to receive…

Daily Mirror · Mar 7, 2023

Cristiano Ronaldo's Saudi Arabia life shows Lionel Messi what he can expect from transfer

Cristiano Ronaldo has been banging in the goals during his expensive stay in Riyadh with Al-Nassr, and enjoying the lap of luxury in the Four Seasons Hotel's Kingdom Suite

Asharq Al-Awsat · Mar 6, 2023

Saudi Arabia Seeks Developing Judicial Sector with AI

In a first, the Saudi government granted three foreign law firms licenses to operate in the Kingdom as it seeks developing the justice sector and anticipates the future of technologies and artificial intelligence in the courts. This followed Saudi Arabia bringing together several ministers, officials, experts, jurists, and international specialists…

Asharq Al-Awsat · Mar 6, 2023

Saudi Arabia’s Non-oil Activity Rises to Highest Level in 8 Years

Non-oil private business activity in Saudi Arabia rose to an 8-year high in February, supported by a strong increase in demand and a positive economic outlook. The Kingdom’s Purchasing Managers Index hit 59.8, up from 58.2 in January, at the fastest rate of increase since March 2015. Sunday’s survey showed…

Asharq Al-Awsat · Mar 6, 2023

Salman Al-Dossary: From a Prestigious Career in Journalism to Saudi Media Minister

Salman bin Yousef Al-Dossary was named Saudi Media Minister in a Royal Order by Custodian of the Two Holy Mosques King Salman bin Abdulaziz on Sunday. Al-Dossary will be embarking on his new journey after have spent 12 years at Asharq Al-Awsat newspaper. He will now forge the Kingdom’s media…

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