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The Latest Breaking News from Kingdom

Eurasian Resources to Launch Long-term Investment in Saudi Arabia

Eurasian Resources Group (ERG) has announced its intention to invest in the Kingdom’s mining sector for the long term to expand its presence in the region. Benedikt Sobotka, CEO of ERG, said that the Future Minerals Forum, which was held in Riyadh in January, revealed the enormous mineral capabilities of…

Asharq Al-Awsat

Saudi Economy Grows 8.7%

Saudi Arabia registered an 8.7% economic growth in 2022, the General Authority for Statistics (GASTAT) said on Tuesday. The real GDP of the Kingdom during the fourth quarter of 2022 grew by 5.4 percent, compared to the same period in 2021. “This increase in GDP was a result of the…

Asharq Al-Awsat

Saudi Energy Minister: We Aim to Boost Oil, Gas Production, Plan to Export Hydrogen

Saudi Energy Minister Prince Abdulaziz bin Salman announced the Kingdom’s strategic plans to increase its production of oil, gas and clean energy. “We in the Kingdom aim to increase oil and gas production, and we plan to export hydrogen,” said Prince Abdulaziz on the sidelines of the 7th edition of…

Asharq Al-Awsat

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Saudi Arabia Launches E-Transit Visa for Visitors Arriving by Air

Saudi Arabia launched an electronic service that allows passengers arriving in the Kingdom by air to obtain an entry visa electronically. The e-transit visa for stopover aims to facilitate and automate entry visa procedures and allows entry to Saudi Arabia for people who wish to perform the Umrah, visit the…

Asharq Al-Awsat

Forging the path forward

Thailand may not be famous for innovation, but there are many talented inventors in the Kingdom. At "Thailand Inventors' Day 2023", visitors will be impressed by inventions by Thai innovators such as a special oral hygiene set for bed-ridden patients, a smart gun for formalin detection in food, microneedles with…

Bangkok Post

Saudi Arabia Strongly Condemns Pakistan Terror Attack

Saudi Arabia strongly condemned on Monday the terrorist attack that targeted a crowded mosque in Pakistan’s northwestern city of Peshawar. The Saudi Foreign Ministry underscored the Kingdom’s firm rejection of attacks against places of worship the terrorization of worshippers and the shedding of innocent blood. Saudi Arabia stands by the…

Asharq Al-Awsat

AlUla Hosts Creative Boot Camp to Develop Saudi Cinematic Talents

Saudi Arabia’s AlUla is preparing to host a creative boot camp to train a generation of cinematic talents, empower them with knowledge and practical experiences, and develop the film industry in the Kingdom. This comes as part of AlUla’s endeavor to promote its transformation to a new cinematic destination, after…

Asharq Al-Awsat

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Cristiano Ronaldo living in lavish hotel used by Newcastle amid talks of transfer clause

Cristiano Ronaldo is currently living it up in Saudi Arabia following his move to Al-Nassr but links continue regarding a move to Newcastle, who have strong connections with the kingdom

Daily Mirror

Sri Lanka Seeks to Benefit from Saudi Mining Experience

Sri Lanka’s Environment Minister Naseer Ahmed emphasized the presence of prospects for cooperation between Colombo and Riyadh in various fields, especially the mining sector. Looking forward to strengthening cooperation with Saudi Arabia in the mining sector, Ahmed said his country could benefit from the Kingdom’s experiences in developing the mineral…

Asharq Al-Awsat

Saudi Arabia Calls for Reviving Peace Process, Ending Occupation

Saudi Arabia warned that the situation between Palestinians and Israel may slip into “dangerous escalation” and called for reviving the peace process, the foreign affairs ministry said in a statement on Saturday. “The Kingdom condemns all that target civilians and confirms the importance of ending escalation, reviving the peace process,…

Asharq Al-Awsat

Saudi Arabia Demands EU Countries Address Practices that Fuel Hatred

Saudi Arabia strongly rejected all the blatant acts of burning copies of the Holy Quran, which were repeated in several European capitals under the pretext of freedom of expression, and called on the European governments to urgently address these practices that contribute to fueling hatred and conflict between followers of…

Asharq Al-Awsat

Gulf, Arab Countries Slam Attack on Azerbaijan’s Embassy in Tehran

Saudi Arabia strongly condemned on Thursday the attack on Azerbaijan’s embassy in the Iranian capital Tehran. The Foreign Ministry expressed the Kingdom’s solidarity with Azerbaijan and its people, calling for respecting diplomatic missions and the punishment of the perpetrators. Gulf Cooperation Council (GCC) Secretary-General Dr. Nayef Al-Hajraf slammed the attack,…

Asharq Al-Awsat

SAMA: New System Seeks to Expand Banking Activities

The Saudi Central Bank (SAMA) said that it expected the new project to regulate the banking system in the country to expand the definition of banking business, include the granting of credits, and specify accurately the system objectives and scope. In a statement on Thursday, SAMA said that one of…

Asharq Al-Awsat

Mytheresa Intends to Expand Business in Saudi Arabia

Mytheresa, one of the world’s largest online retailers, intends to expand its business by launching a digital platform in Saudi Arabia. Mytheresa CEO Michael Kliger said the Saudi market was the most important in the region in terms of size, due to the Kingdom’s development plans. In an interview with…

Asharq Al-Awsat

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Asharq Al-Awsat

Saudi Wa’ed Ventures Leads $14 Mln Bridge Round for Japanese Terra Drone

Terra Drone, the Japan-based leading drone service provider, has announced closing a $14 million bridge round led by Wa’ed Ventures, the Kingdom-focused venture capital arm of Aramco. Through this investment, Terra Drone plans to open a new subsidiary in the Kingdom of Saudi Arabia to localize its drone services as…

Asharq Al-Awsat

Global Alliance for Railway Project to Link Eastern and Western Saudi Arabia

Saudi Minister of Transport and Logistics Eng. Saleh Al-Jasser unveiled on Tuesday an international coalition led by a Chinese company, with 11 other international firms, to complete the design of the railway Landbridge Project that will connect the eastern and western parts of the Kingdom. The minister pointed to the…

Asharq Al-Awsat

Saudi Arabia Strongly Condemns Tearing of Holy Quran in Netherlands

The Saudi Foreign Ministry expressed on Tuesday the Kingdom’s strong condemnation of the tearing a copy of the Holy Quran by a Dutch extremist in The Hague, Netherlands. The ministry said such disgraceful acts provoke the feelings of Muslims around the world. The ministry reiterated the Kingdom's firm position on…

Asharq Al-Awsat

King Salman Issues Royal Order Promoting and Appointing 51 Judges at Board of Grievances

Custodian of the Two Holy Mosques King Salman bin Abdulaziz issued on Tuesday a royal order promoting and appointing 51 judges at the Board of Grievances, reported the Saudi Press Agency. President of the Board of Grievances and Administrative Judicial Council Sheikh Dr. Khalid bin Mohammed Al-Yousef said the royal…

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Asharq Al-Awsat

Saudi Arabia Underscores Principles of Dialogue, Coexistence

The Saudi government reiterated on Tuesday the Kingdom’s stance that calls for spreading the principles of dialogue, tolerance and coexistence and shunning hatred and extremism. 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…

Asharq Al-Awsat

Saudi Arabia Inks Agreements, MoUs of $2.66 Bln at Real Estate Future Forum

Saudi Arabia has signed agreements and MoUs of more than 10 billion Saudi riyals ($2.66 billion) to set up four investment funds to develop commercial, tourism and residential projects. A part of the investments will also be made in the field of real estate development and construction techniques. Moreover, Saudi…

Asharq Al-Awsat

Red Sea Global Awards $266 Mn Contract in Saudi Arabia

The Saudi Red Sea Global awarded a Primary Infrastructure and Utility Contract of $266 million to the al-Ayuni Investment and Contracting to progress expansion at Amaala’s first phase of development across its Triple Bay masterplan. Red Sea Global is developing The Red Sea and Amaala destinations in the Kingdom. Al-Ayuni,…

Bangkok Post

Tonne of 'ice' seized in past week alone

Police have seized 1.1 tonnes of crystal methamphetamine of “ice” in less than a week, officers said on Tuesday, as the kingdom cracks down on smuggling that has surged since the country’s borders reopened.

Asharq Al-Awsat

Saudi Arabia Boosts Efficiency of Customs Clearances

Saudi Arabia has reduced its customs clearance period from 12 days to 2 hours in a move aimed at increasing the efficiency of customs processes in all the Kingdom’s land, sea and air ports. The Kingdom, according to a new initiative by the Zakat, Tax and Customs Authority (ZATCA) will…

Asharq Al-Awsat

Saudi Arabia Aspires for Real Estate Role in Attracting Foreign Investments

The Saudi Real Estate Future Forum keeps pace with the government's tendency to attract foreign companies to invest in the Kingdom's real estate sector, asserted Minister of Municipal, Rural Affairs, and Housing Majid al-Hogail on Monday. Hogail described the forum as an "opportunity to exchange regional and international experiences and…

Asharq Al-Awsat

Saudi Arabia Condemns Sweden for Allowing Extremist to Burn Quran

The Saudi Foreign Ministry strongly condemned on Saturday Swedish authorities for allowing an extremist to burn a copy of the holy Quran in front of the Turkish embassy in Stockholm. It underscored the Kingdom’s firm position that calls for the importance of spreading the values of dialogue, coexistence and shunning…

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