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The Latest Breaking News from Kingdom

Jubail, Yanbu Sign $11.4-Billion-Worth Investment Agreements in Mining

The Royal Commission for Jubail and Yanbu (RCJY) - the two largest industrial cities in the Kingdom – have announced five agreements worth more than 43 billion riyals ($11.4 billion) to establish projects in Ras Al-Khair Minerals City and Yanbu Industrial City. The agreements were signed on the sidelines of…

Asharq Al-Awsat

Int'l Conference in Riyadh Upholds Roadmap to Support Smart Mining

The Future Minerals Forum, which concluded in Riyadh on Thursday, stressed the importance of adopting a road map to support smart mining, while reducing the costs of green hydrogen and developing the use of hydrogen to reach a carbon-free mining sector. Participants in the conference emphasized the role assumed by…

Asharq Al-Awsat

Int’l Mining Community Highlights Importance of Saudi Minerals in Meeting Global Demand

Officials and investors emphasized on Wednesday the importance to uncover the Kingdom’s mining wealth, given the gap the world faces in the need for minerals and renewable energy. During the first day of the International Mining Conference in Riyadh, senior officials and heads of major international companies said Saudi Arabia…

Asharq Al-Awsat

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Saudi Arabia Accelerates Transition to Clean Energy

The second edition of the Future Minerals Forum kicked off in Saudi Arabia under the patronage of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz. The Forum aims to develop dialogue on the future of minerals and investment in mining and boost cooperation throughout the area extending…

Asharq Al-Awsat

Saudi Energy Minister: Kingdom Intends to Utilize its National Uranium Resources

Saudi Arabia plans to use domestically-sourced uranium to build up its nuclear power industry, Energy Minister Prince Abdulaziz bin Salman said on Wednesday. He added that recent exploration had shown a diverse portfolio of uranium in the Gulf Arab state, the world's top oil exporter. Saudi Arabia has a nascent…

Asharq Al-Awsat

Saudi Arabia's Ma'aden Forms JV to Invest in Mining Assets Abroad

Saudi Arabian Mining Co (Ma'aden), the Gulf's largest miner, said on Wednesday it agreed to form a joint venture with the Kingdom's sovereign wealth fund to invest in mining assets globally. Ma'aden will own 51% in the venture while the Public Investment Fund (PIF) will own 49%, the company said…

Asharq Al-Awsat

‘Smart Haram’ Project to Pave Way for Comprehensive Digital Transformation

The opening session of the second edition of the Hajj and Umrah Services Conference and Exhibition, launched on Tuesday in Jeddah, shed light on the efforts of the Kingdom and its wise leadership in serving pilgrims. Participants at the session discussed the role of the Kingdom’s Vision 2030 in developing…

Asharq Al-Awsat

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Riyadh Mulling Raising Investments in Pakistan to $10 Billion

Prince Mohammed bin Salman, Crown Prince and Prime Minister, ordered that that Saudi Arabia’s investments in Pakistan be reviewed so that they could be increased to 10 billion dollars. The Kingdom had declared investments in the country back on August 25. He ordered that the Saudi Fund for Development study…

Asharq Al-Awsat

Saudi Crown Prince Announces Diriyah as PIF’s Fifth Giga-Project

Saudi Crown Prince and Chairman of the Public Investment Fund (PIF) Mohammed bin Salman announced on Monday designating Diriyah as the fifth giga-project owned by the Kingdom’s sovereign wealth fund. The Diriyah tourism project aligns with PIF’s strategy for achieving the goals of the Kingdom’s plan for national transformation, Vision…

Asharq Al-Awsat

Saudi Arabia Set to Become World’s Fastest-Growing Major Economy in 2023

Saudi Arabia is set to overtake India as the fastest-growing major economy in 2023 after the latter lost growth due to weak demand at home and abroad. The Kingdom’s real gross domestic product grew by 8.8 % in the third quarter of 2022 compared to the same period in 2021,…

Asharq Al-Awsat

Kenya’s Trade Minister: Nairobi to Witness Qualitative Cooperation with Saudi Arabia

Kenya’s Minister of Trade and Industry Moses Kuria said that Africa, and his country in particular, would not allow its resources to be exploited in the US-Chinese trade war. He noted that Kenya looked forward to strengthening economic ties with Saudi Arabia by reviving axes of cooperation. In an interview…

Asharq Al-Awsat

Saudi Relief Convoys Head to Yemen

Four convoys loaded with relief aid crossed the Saudi-Yemeni border crossing of al-Wadia on Saturday to the war-torn country. The aid, provided by the King Salman Humanitarian Aid and Relief Center (KSrelief), consists of 36.4 tons of medical supplies for dialysis centers across Yemeni regions. The latest aid shipment is…

Asharq Al-Awsat

Saudi Arabia Opens Hajj Registration for Applicants within the Kingdom

Saudi Arabia’s Ministry of Hajj and Umrah announced on Thursday the opening of early online registration for the Hajj 2023 season for pilgrims within the Kingdom through the Nusuk application. This is part of the ministry’s efforts to facilitate the application procedures, upgrade the services’ quality, and enrich the religious…

Asharq Al-Awsat

Saudi Arabia Strongly Condemns Terrorist Attacks in Somalia

The Saudi Foreign Ministry strongly condemned on Friday the terrorist attacks that targeted civilians in Somalia over the past two days, reported the Saudi Press Agency. It stressed that the Kingdom stands by Somalia and its people against all forms of violence and terrorism, reiterating its complete rejection of all…

Asharq Al-Awsat

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Asharq Al-Awsat

Ministry: Online Hajj Applications Now Open to Pilgrims Inside Saudi Arabia

The Saudi Ministry of Hajj and Umrah has announced that registration for pilgrims inside the Kingdom is now open through the Ministry’s website and the “Nusuk application.” The Ministry, in a press statement, said that Hajj packages for citizens and residents from inside the Kingdom have four categories at reasonable…

Asharq Al-Awsat

Al-Mudaifer: Saudi Arabia Attracting Foreign Investment to Explore Critical Minerals in the Region

Saudi Arabia is exerting efforts to drive foreign investments into the Kingdom and surrounding region for the purpose of exploring strategic and vital minerals used in renewable energy, Khalid Al-Mudaifer, Saudi vice minister for mining affairs, told Asharq Al-Awsat. According to Al-Mudaifer, international reports confirm the world’s need for these…

Tribune News Service

Saudi-backed LIV Golf is using PGA suit to get data on 9/11 families, court told

Saudi Arabia’s LIV Golf is allegedly using its US court fight with rival PGA Tour Inc. to “build an intelligence file” on families of 9/11 victims who have been critical of the kingdom and its new professional golfer’s circuit.

Asharq Al-Awsat

More Saudi Women Assume Diplomatic Posts

The number of Saudi women assuming diplomatic positions has increased to five, with the addition of Ambassadors Nisreen Al-Shibel and Haifa Al-Jedia to the list of Saudi representatives in the Kingdom’s embassies abroad. Al-Shibel has been appointed as Saudi Arabia’s new ambassador to Finland.

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Asharq Al-Awsat

Riyadh Renews Support to Int’l Efforts to Reach Political Solution to Russia-Ukraine Crisis

The Saudi government reiterated on Tuesday the Kingdom’s support to international efforts aimed at resolving the Russian-Ukrainian crisis through political means to preserve regional and international peace. Custodian of the Two Holy Mosques King Salman bin Abdulaziz chaired the cabinet meeting that was held in Riyadh. The cabinet reviewed the…

Asharq Al-Awsat

UNESCO Praises Saudi Arabia's Achievements in E-Education Governance Globally

The United Nations Educational, Scientific and Cultural Organization (UNESCO) praised Saudi Arabia’s achievements in e-education governance, reported the Saudi Press Agency on Monday. UNESCO's "Guide to measuring information and communication technologies (ICT) in education" highlighted the Kingdom’s National E-Learning Center as an example to be followed at the international level.…

Asharq Al-Awsat

Saudi Arabia Prepares Hospitality Facilities to Keep Pace with New Tourism Law

Saudi Tourism Ministry officials intend to visit hospitality facilities in the Kingdom to develop and raise the level of services and safety they offer.

Bangkok Post

French virtuoso to perform for HRH Princess Sirivannavari's birthday

French virtuoso cellist Gautier Capuçon will be flown into the Kingdom to join the Royal Bangkok Symphony Orchestra in a royal concert held to mark the birthday of HRH Princess Sirivannavari Nariratana, the patron of the RBSO.

Asharq Al-Awsat

Upcoming Large Economic Projects to Link Saudi Arabia, Oman

Abdulsalam Al Murshidi, the executive president of the largest sovereign wealth fund of the Sultanate of Oman, has affirmed that economic ties between Oman and Saudi Arabia have taken great strides towards integration and strengthening the partnership between the two countries. “What happened during the past two years, specifically after…

Asharq Al-Awsat

Saudi Arabia Aims to Boost National Automotive Industry

The Saudi Ministry of Industry and Mineral Resources signed a memorandum of understanding with Hyundai Motor Company to promote the automotive industry in the Kingdom. The MoU was signed in the presence of the Minister of Industry and Mineral Resources, Bandar al-Khorayef, and the Minister of Economy and Planning, Faisal…

Asharq Al-Awsat

SAMA to Begin Implementation of Basel III Reforms in Early 2023

The Saudi Central Bank (SAMA) announced on Wednesday that the Basel III reforms would come into force in the Kingdom’s banking sector in January 2023. “The move is in line with the internationally agreed timeline set by the Basel Committee on Banking Supervision,” SAMA said in a press statement. The…

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