The Latest Breaking News from Kingdom

Saudi Arabia's Foreign Ministry issued a statement welcoming Australia’s decision to reverse its recognition of West Jerusalem as the capital of Israel. The statement affirmed that Saudi Arabia supports the Palestinian people’s aspirations to establish an independent state with East Jerusalem as its capital, in accordance with the international law…

The Saudi Ports Authority (Mawani) has announced the addition Aladin Express DMCC's shipping service, Gulf-India Express 2 (GIX2), to King Abdulaziz Port in Dammam in a bid to boost direct trade and shipping between the Kingdom and the rest of the world. MAwani said on its official site that the…

Analysts say shared interests will sustain ties despite Washington’s promise of ‘consequences’ over oil production cuts.

UN Special Envoy for Yemen Hans Grundberg is resuming regional action to revive the truce in Yemen at a time when Saudi Arabia reaffirmed its continued support for his efforts, according to the Saudi Ambassador to Yemen Mohammed Al-Jaber. In a tweet, Al-Jaber confirmed that he met Grundberg and assured…

Saudi Ambassador Walid Al-Bukhari held meetings and talks to refute all rumors about the Kingdom’s withdrawal from the Lebanese political scene. Sources close to the ambassador noted that Saudi Arabia considered itself part of the international community, which is striving to secure the safety net for a sister Arab country,…

Saudi Crown Prince Mohammed bin Salman bin Abdulaziz launched the National Strategy for Industry, which aims to promote industry and attract investment, leading to economic diversification and growth of non-oil exports and GDP. The Crown Prince, also Prime Minister and Chairman of the Council of Economic Affairs and Development, said…

Saudi Arabia has renewed its call for the international community to label Houthi militias in Yemen as a terrorist group and dry up their funding sources. During a session in Jeddah, the Saudi Cabinet reiterated the Kingdom's continued support for international peacemaking efforts in Yemen. King Salman bin Abdulaziz chaired…

Saudi Arabia’s crude oil exports hit a more than two-year high of 7.6 million barrels per day in August, according to data from the Joint Organization Data Initiative. The Kingdom saw a 3% rise from July, recording its highest volume since April 2020. It was also the third month in…

The real GDP growth projections of the Saudi economy are expected to reach 9.9 percent this year, and six percent in 2023, recording the highest growth rate among the G20 countries, according to a report by the Organization for Economic Cooperation and Development (OECD). The report "OECD Economic Outlook Interim…

Saudi Arabia and South Africa issued a statement after President Cyril Ramaphosa visited Riyadh, confirming the strength of bilateral relations and the importance of boosting joint action. Ramaphosa began Friday a visit to the Kingdom at the invitation of Custodian of the Two Holy Mosques King Salman bin Abdulaziz. The…

The Saudi government on Sunday launched a novel economic analysis index, known as MEPX, to monitor the performance of the Kingdom’s private sector. MEPX is a leading indicator that has been designed and developed by the economy ministry’s economic analysts to track 10 economic factors classified into four categories, consumers,…