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The Latest Breaking News from Kingdom

Volume of Saudi-Chinese Trade Exchange Amounts to $320Bln

The Federation of Saudi Chambers (FSC) said the volume of trade exchange between Saudi Arabia and China between 2017 and 2021 amounted to SAR1.2 trillion ($320 billion). This figure reflects the strength and durability of the strategic economic partnership and the diversity and multiplicity of trade and investment opportunities in…

Asharq Al-Awsat

Saudi and Chinese Companies Sign 34 Investment Agreements

Saudi and Chinese companies have signed 34 investment agreements within the framework of the visit of Chinese President Xi Jinping to the Kingdom. The agreements were signed on Wednesday in the presence of the Minister of Investment, Eng.

Asharq Al-Awsat

Saudi Arabia to Establish Regional Center for Chinese Factories in Riyadh

Saudi Energy Minister Prince Abdulaziz bin Salman said on Wednesday that relations between Saudi Arabia and China are witnessing a paradigm shift, which reflects the keenness of both countries’ leaderships to develop them. Prince Abdulaziz said both sides seek to bolster cooperation in the energy supply chains by establishing a…

Asharq Al-Awsat

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Xi Hopes for a Shift in Relations between China, Arabs

Chinese President Xi Jinping began Wednesday a state visit to Saudi Arabia at the invitation of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz, where he was first met Riyadh Governor Prince Faisal bin Bandar and several Saudi officials. Beijing said Xi's visit is China's "most important…

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Chinese President Says to Discuss Developing Ties with Saudi Arabia during Official Visit

Chinese President Xi Jinping said on Wednesday that he will discuss with Custodian of the Two Holy Mosques King Salman bin Abdulaziz and Prince Mohammed bin Salman, Crown Prince and Prime Minister, deepening bilateral relations between their countries during his visit to Saudi Arabia. Xi had arrived in Riyadh on…

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Chinese President Arrives in Saudi Arabia on Official Visit

Chinese President Xi Jinping arrived in Saudi Arabia on Wednesday on an official visit at the invitation of Custodian of the Two Holy Mosques King Salman bin Abdulaziz. He was welcomed at King Khalid International Airport by Prince Faisal bin Bandar bin Abdulaziz, Governor of Riyadh Region; Prince Faisal bin…

Asharq Al-Awsat

Riyadh Paves the Way for Expanding China’s Economic Relations with Gulf and Arab Countries

Chinese President Xi Jinping is expected to arrive in Saudi Arabia on Thursday, for a two-day official visit at the invitation of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz. The Saudi business sector in particular, and the Gulf and Arab countries in general, are looking forward…

Asharq Al-Awsat

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At Invitation of King Salman, Chinese President to Kick off Visit to Saudi Arabia on Thursday

Chinese President Xi Jinping will kick off an official three-day visit to Saudi Arabia on Thursday at the invitation of Custodian of the Two Holy Mosques King Salman bin Abdulaziz. The visit will boost the historic ties and strategic partnership between their countries. King Salman and Xi will preside over…

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Regional, Int’l Powers Welcome Sudanese Political Agreement

Several regional and international powers welcomed the signing of a framework deal between Sudan’s ruling generals and the main pro-democracy group on Monday. The deal pledges to establish a new, civilian-led transitional government to guide the country to elections and offers a path forward in the wake of Sudan's stalled…

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Zambia Waives Visa Requirements for Saudis

Saudi Arabia praised on Monday Zambia for waiving visa requirements to Saudi citizens. The Foreign Ministry said the move underscores the depth of the relations between the Kingdom and Zambia. It embodies the joint work aimed at achieving the aspirations of the two countries’ leaderships for more progress and prosperity.

Asharq Al-Awsat

Saudi Arabia Welcomes Sudanese Parties’ Signing of Deal for New Political Transition

Saudi Arabia welcomed on Monday the signing of a framework agreement between Sudanese parties on a new political transition. The Foreign Ministry congratulated the parties for inking the deal, hoping it will help achieve the aspirations of the Sudanese people. It stressed that the Kingdom continues to support all efforts…

Asharq Al-Awsat

176 Industries Localized in Saudi Arabia with Investments Exceeding $34 Billion

The Saudi Local Content Coordination Council revealed that the value of opportunities that were developed and launched in the Kingdom during the past year, with the aim to increase local content, reached about 24.8 billion riyals ($6.6 billion). In parallel, 176 industries were localized in three years from 2019 to…

Asharq Al-Awsat

Saudi Arabia Condemns Attack in Congo

The Saudi Foreign Ministry strongly condemned on Monday the criminal attack that took place in DR Congo’s eastern town of Kishishe that left dozens dead. It said the Kingdom rejects all forms of violence and terrorism that violate religious, ethical and humanitarian values. It stressed that Riyadh stands by the…

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President of Israel Arrives in Bahrain on Official Visit

Bahrain's King Hamad bin Isa Al Khalifa met President Isaac Herzog on Sunday in the first visit by an Israeli head of state to the Gulf state since the countries forged ties two years ago and as a right-wing coalition government takes shape in Israel. "I have come here with…

Asharq Al-Awsat

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Lisbon, Riyadh to Promote Integrated Tourism Sector Partnership

Rita Marques, secretary of state for Tourism of Portugal, revealed that her country is eyeing the conclusion of an agreement with Saudi Arabia in the field of international air transport soon. Marques pointed out that her participation at the World Travel & Tourism Council (WTTC) Global Summit, which was recently…

Asharq Al-Awsat

French Companies Eye Investment Opportunities in Saudi Security, Defense

Federation of Saudi Chambers hosted a delegation of 18 French companies specialized in security and defense-related fields to discuss cooperation, partnership, and investment with the Saudi business sector. The Head of the Saudi-French Business Council, Mohammed bin Laden, praised the partnership approach between the council and Business France, the national…

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Riyadh Allows Fingerprint E-Registration to Issue Umrah Visa for 5 Countries

The Saudi Ministry of Hajj and Umrah said fingerprint registration will be mandatory to issue a visa for pilgrims coming to Makkah from the United Kingdom, Tunisia, Kuwait, Bangladesh and Malaysia. The decision aims to ease the entry procedures through the Kingdom’s ports and improve the digital experience for pilgrims.…

Asharq Al-Awsat

7.3 Billion Tons of Potential Phosphate Reserves in Saudi Arabia

The world will need to increase the production of some types of minerals by 500% to meet the future demand for clean energy, according to Saudi Vice Minister of Industry and Mineral Resources for Mining Affairs Khalid Saleh Al-Mudaifer. Saudi Arabia has become one of the most prominent countries in…

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WTTC Summit Launches From Riyadh Global Tourism Index for Innovation, Future Sustainability

The 22nd Global Summit of the World Travel and Tourism Council (WTTC) concluded its work in Riyadh on Wednesday, with an initiative to launch a global tourism index for innovation and future sustainability. Meanwhile, Saudi Tourism Minister Ahmed Al-Khatib pointed to the importance of Saudi Arabia on the map of…

Asharq Al-Awsat

Saudi Arabia, Spain Sign MoU on Building Combat Ships for Saudi Navy

The Saudi Ministry of Defense and the General Authority for Military Industries (GAMI) signed a memorandum of understanding with the Spanish Navantia Co., to acquire and build a number of multi-mission combat ships for the Royal Saudi Naval Forces (RSNF). The MoU was signed in the presence and patronage of…

Asharq Al-Awsat

Saudi Arabia Allows Citizens to Invite Friends to Visit, Perform Umrah

Saudi Arabia announced a new mechanism for Saudi citizens to obtain personal visit visas to invite their friends to tour around the Kingdom and perform Umrah.

Reuters

Saudi Arabia to host China-Arab summit during Xi visit, sources say

Saudi Arabia plans to host a Chinese-Arab summit on Dec. 9 attended by Chinese President Xi Jinping during his visit to the kingdom, three Arab diplomats in the region familiar with the plans said on Wednesday.

Asharq Al-Awsat

50 Agreements Worth $50 Bln Signed at WTTC’s Global Summit in Riyadh

More than 50 agreements and memorandums of understanding, with a value exceeding $50 billion, were signed on the sidelines of the Global Summit of the World Travel & Tourism Council (WTTC) in Riyadh on Tuesday. Saudi Tourism Minister Ahmed Al-Khatib said the tourism sector was expected to generate 126 million…

Asharq Al-Awsat

Int’l, Arab Parties Back Political Agreement in Sudan

The international tripartite mechanism and several ambassadors of Arab states in Khartoum have met at the residence of Saudi Ambassador to Sudan Ali bin Hassan Jaafar to support the Sudanese efforts to reach a political agreement. The Saudi ambassador affirmed the Kingdom’s keenness in advancing efforts that serve Sudan’s stability.…

Asharq Al-Awsat

Saudi Arabia Says Did Not Request to Host Football World Cup

The Saudi Ministry of Tourism reiterated on Wednesday that the Kingdom had not submitted an official request to host the FIFA World Cup. In a tweet, it said Saudi Arabia is always keen on hosting major sports events as part of its efforts to promote sports and internal tourism in…

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