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The Latest Breaking News from Kingdom

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

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…

Asharq Al-Awsat

3rd Saudi Relief Plane Arrives in Poland with 30 Tons of Aid for Ukraine

The 3rd Saudi relief plane, carrying 30 tons of assistance for the Ukrainian People, arrived at the Polish Rzeszow Airport near the Ukrainian border and will continue its route across the Polish border into Ukraine, the Saudi Press Agency reported Saturday. The cargo consists of shelter materials, electric generators, and…

Asharq Al-Awsat

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Saudi Arabia Condemns Israeli Calls to ‘Erase’ West Bank Town of Huwara

Saudi Arabia on Friday strongly condemned radical statements in which an Israeli official called for erasing the occupied West Bank town of Huwara. “The Kingdom completely rejects these racist and irresponsible remarks that reflect the magnitude of violence and extremism practiced by the occupying Israeli entity toward the brotherly Palestinian…

Asharq Al-Awsat

Saudi Arabia to Support Sudan ‘Until It Overcomes Exceptional Circumstances’

Saudi Arabia reaffirmed its support for Sudan and pledged to continue its efforts to help the North African nation until it overcomes the “exceptional circumstances” it is going through. Speaking on the occasion of Saudi Arabia marking three centuries since its founding, Saudi Ambassador to Sudan Ali bin Hassan Jaafar…

Asharq Al-Awsat

Saudi-Japanese Feasibility Study for Producing Clean Hydrogen for Local, Int’l Markets

Japan’s Marubeni Corp. has agreed to study clean hydrogen production in Saudi Arabia together with the Kingdom’s sovereign Public Investment Fund (PIF). Saudi Arabia, a leading oil-producing nation and a key player in the Organization of the Petroleum Exporting Countries, is looking to add other types of energy sources, including…

Asharq Al-Awsat

Archbishop of Vienna Stresses Importance of Makkah Document in Confronting Hatred

Cardinal Christoph Schönborn, the Metropolitan Archbishop of Vienna, praised Saudi Arabia’s efforts to dissociate the Islamic religion from the phenomena of terrorism and isolation, stressing the importance of the Makkah Document in confronting hatred and extremist ideas and spreading tolerance and coexistence. During an interview with Asharq Al-Awsat in Riyadh,…

Asharq Al-Awsat

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Saudi Arabia Ranks First among G20 Countries in Productivity Growth

After successfully introducing development initiatives and programs to regulate the labor market and improve the contractual relationship between employers and employees, Saudi Arabia has managed to secure first place among the Group of 20 countries (G20) for factor productivity growth in 2022. According to a series of modeled readings issued…

Asharq Al-Awsat

Rabat, Brussels, Tel Aviv to Sign Document to Consolidate Cooperation

Moroccan Foreign Affairs Minister Nasser Bourita said that Rabat, the European Commission, and Israel are preparing a document that they will sign to consolidate the tripartite cooperation and the regional dimension of their relations. Morocco and the European Union seek to develop security cooperation in migration as well as engage…

Asharq Al-Awsat

Saudi FM Calls for Combating Cybercrime as Part of Fight against Terrorism

Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah stressed on Thursday that combating terrorism also demands fighting cybercrimes through international cooperation and effective legislations. Addressing the second session of the G20 foreign ministers' meeting in New Delhi, India, he stressed that Saudi Arabia had adopted several local initiatives within…

Asharq Al-Awsat

Moody’s Upgrades Saudi Economy Growth Forecast

Global credit rating agency Moody’s has raised the Kingdom’s growth forecast to 2.5 percent for the current year from its last estimation of 1.7 percent, backed by moderate levels of debt and large financial reserves, in addition to its huge oil reserves. For next year, it has elevated the expansion…

Asharq Al-Awsat

Saudi Strategic Partnership Seeks to Promote Investment in Culture

The Saudi ministries of culture and investment concluded a memorandum of strategic partnership to develop cultural investment in the Kingdom and attract local and foreign investors to the sector. In a ceremony on Wednesday, Saudi Minister of Culture Prince Badr bin Abdullah bin Farhan and Eng.

Asharq Al-Awsat

Saudi Green Flag...A Symbol of Unity, Sovereignty

Saudi Arabia’s King Salman has ordered that March 11 of every year to be celebrated as National Flag Day to honor the Kingdom’s national banner and its great role in the identity and symbolism of the state. King Abdulaziz had approved the flag’s design on March 11, 1937. Flags usually…

Asharq Al-Awsat

Saudi Arabia Announces First Bundle of Projects by 'Shareek' Program Worth $51 Billion

In the presence of Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Prime Minister, and Chairman of the Large Companies Investment Committee, a ceremony was held on Wednesday to announce the first bundle of projects supported by the Shareek program, which is dedicated for large companies to help unlock the…

Asharq Al-Awsat

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Bangkok Post

Ready to rock again

Six years since their last concert in the Kingdom, world-renowned American pop group OneRepublic are set to perform live in Bangkok again tomorrow at IMPACT Arena Muang Thong Thani. Tickets are still available for 1,500 to 5,000 baht.

Asharq Al-Awsat

Saudi Arabia Signs Agreement to Develop Aviation-Grade Titanium Alloy Value Chains

The Saudi Ministry of Investment signed on Monday an investment cooperation agreement with Saudi Arabia’s Tasnee and Boeing to explore the potential investment and development collaboration opportunities to advance the aviation-grade titanium alloy value chain in the Kingdom for mid and downstream applications. Tasnee CEO and board member Mutlaq al-Morished…

Asharq Al-Awsat

Saudi Arabia Mobilizes Local, Int'l Investors to Convert Waste into Economic Value

Saudi Arabia hosted an “Investment Forum in the Waste Management Sector” with the participation of over 300 local international investors from 25 countries aiming to transform waste from an environmental burden into an economic value. Minister of Environment, Water, and Agriculture, and Chairman of the Board of Directors of the…

Asharq Al-Awsat

New York Looks Forward to Sharing Financial Expertise with Saudi PIF

Edward Mermelstein, the Commissioner of the New York City Mayor’s Office for International Affairs, revealed a common desire to maximize the financial expertise of the Saudi Public Investment Fund (PIF) in New York, the US economic and commercial capital. On his first visit to Saudi Arabia, Mermelstein said there is…

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Asharq Al-Awsat

Saudi Arabia Develops a Global Integrated Logistics Park

Saudi Arabia aims to develop a global integrated logistics park in the al-Khumrah region, west of the Kingdom. The Saudi Ports Authority (Mawani) and Jeddah Chamber of Commerce signed an agreement to set up a $267.6 million integrated logistics park at al-Khumrah, south of Jeddah, to boost economic development, national…

Asharq Al-Awsat

Saudi Entertainment Authority Announces 1st Entertainment Business Accelerator

The Saudi General Entertainment Authority launched the Entertainment Business Accelerator program to encourage entrepreneurs interested in the rapidly growing sector. Experts told Asharq Al-Awsat that the Kingdom is experiencing an unprecedented leap in entertainment, which requires qualifying the most significant number of enterprises to cope with the high demand in…

Asharq Al-Awsat

Saudi Arabia Underscores Efforts to Reach Political Solution to Ukraine Crisis

Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah stressed on Sunday the Kingdom’s support to international efforts aimed at reaching a political solution to the Ukrainian-Russian crisis. Prince Faisal held official talks in Kyiv with Ukrainian President Volodymyr Zelenskyy. They tackled bilateral relations between their countries and opportunities to…

Asharq Al-Awsat

German Foreign Ministry Spokesperson: We Care About the Path of Reform in Saudi Arabia, Ready to Support it

The spokesman for the German Foreign Ministry in the Middle East and North Africa, Dennis Kumetat, stressed that Germany and the Kingdom of Saudi Arabia share a “deep” partnership. “Berlin is following with interest the political and social reform processes initiated by Saudi Crown Prince Mohammad bin Salman, which would…

Asharq Al-Awsat

MODON Signs Food and Beverage Agreements Worth $285 Million

The Saudi Authority for Industrial Cities and Technology Zones (MODON) signed a number of agreements to localize the food and beverage industry in the Kingdom, with total investments amounting to 1.07 billion riyals ($285 million). The announcement was made on the sidelines of MODON’s participation in the Gulfood exhibition in…

Asharq Al-Awsat

Morocco Removed from Financial Action Task Force Grey List

The Financial Action Task Force (FATF) decided unanimously to remove the Kingdom of Morocco from the enhanced monitoring process, known as "grey list", after assessing the compliance of the national system with international standards relating to the fight against money laundering and terrorist financing. This decision was taken at the…

Asharq Al-Awsat

Al-Alimi to Asharq Al-Awsat: We Support and Encourage Saudi Mediation with Houthis

Chairman of Yemen’s Presidential Leadership Council (PLC) Dr. Rashad al-Alimi said the country’s political problems can be summed up in two words: exclusion and marginalization, while they can be resolved through consensus and partnership. In an exclusive interview to Asharq Al-Awsat, he underscored his support to the Saudi mediation with…

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