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The Latest Breaking News from Kingdom

New System for Companies in Saudi Arabia Competes with Int’l Business Environments

The Shura Council approved on Monday a new system for companies, aimed at developing the trade environment in the Kingdom and moving it to a better stage that competes with other international business environments. Fahd Al-Takhifi, council member and Chairman of the Trade and Investment Committee, told Asharq Al-Awsat that…

Asharq Al-Awsat

Saudi Launches E-Platform to Fight Collusive Bidding

Saudi Arabia is redoubling its efforts to combat bid-rigging given that reflects on economic efficiency, social development, preservation of public money, and the achievement of the goals of Vision 2030. Raising the level of awareness among those concerned with procurement in government agencies, Saudi Arabia launched an e-platform to prevent…

Asharq Al-Awsat

Saudi Arabia Joins the Largest Arab Union of Iron Producers

The National Committee for Steel Industry in the Council of Saudi Chambers has joined the largest Arab gathering of iron producers, the Saudi Press Agency reported. Joining the Arab Iron & Steel Union enhances the Kingdom’s position in the sector, SPA reported, citing a statement from the committee. Based in…

Asharq Al-Awsat

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Revellers on cloud 9 at cannabis festival in Nakhon Pathom

The pungent smell of smoke was unmistakable as revellers celebrated under the stars at a major annabis festival following the kingdom's decision to begin relaxing the laws around the drug.

Bangkok Post

Bridgestone rides ahead

The exclusive importer and distributor of Bridgestone motorcycle tyres in Thailand, PaceMax Motorsport Company, received an amazing turnaround less than two years after returning to the Kingdom, particularly from those with a passion for motorcycles.

Bangkok Post

Saudi Warns of Ukraine War Exacerbating Cybersecurity Breaches

Saudi experts are warning against aggravating cybersecurity breaches as the effects of the Russian-Ukrainian war take a toll.

Asharq Al-Awsat

Saudi Arabia Provides $10 Mln to Tackle Yemen's Safer Tanker Crisis

The King Salman Humanitarian Aid and Relief Center (KSrelief) announced on Saturday that Saudi Arabia will provide USD10 million to help address the existing threats arising from the Safer oil tanker, which is moored off Yemen's city of Hodeidah. In a statement, KSrelief said the Kingdom has always supported the…

Asharq Al-Awsat

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Saudi Arabia Signs Agreement with South Korea's CJENM to Enrich Kingdom's Cultural Sector

The Saudi Ministry of Culture signed in Seoul on Thursday a framework cooperation agreement with South Korea's CJENM Ltd.

Asharq Al-Awsat

COMESA Supports Saudi Arabia's Bid to Host Expo 2030

The Common Market for Eastern and Southern Africa Organization (COMESA) received at its headquarters in Lusaka, Zambia, Advisor at the Saudi Royal Court Ahmed bin Abdulaziz Qattan, reported the Saudi Press Agency on Friday. Discussions talks Saudi-African relations and ways to develop and strengthen them in various fields. Qattan stressed…

Asharq Al-Awsat

Non-government Members Appointed on Saudi Central Bank’s Board

The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz, has agreed to appoint five non-government members to the Board of Directors of the Saudi Central Bank to lead the Kingdom’s financial sector. Sheila Al-Rowaily, who worked with Saudi Aramco, has become the first woman to join the board…

Asharq Al-Awsat

Mining, Manufacturing Activities Drive a Leap in Saudi Industry Growth

The Saudi Authority for Industrial Cities and Technology Zones (MODON) has launched a program to support small and medium-sized enterprises in the field of innovation, with the aim of developing the industry sector in the Kingdom. The joint program was launched in cooperation with the King Abdullah University of Science…

Asharq Al-Awsat

Saudi Arabia Offers $30 Million Grant to Support Afghanistan Humanitarian Trust Fund

Saudi Arabia has announced a $30 million grant to support the Afghanistan Humanitarian Trust Fund (AHTF), which operates under the umbrella of the Islamic Development Fund (IsDB), in coordination with the Organization of Islamic Cooperation (OIC), the Saudi Press Agency reported Thursday. The grant comes in continuation of the Kingdom’s…

Asharq Al-Awsat

Saudi Arabia Gears Up to Become Middle East’s Fintech Hub

Amid a fast-paced financial world, Saudi Arabia is emerging as a very bright spot for the future of the financial technology sector in the Middle East. What makes the Kingdom a prominent home for financial technology in the region are several record achievements, foremost of which is the development of…

Asharq Al-Awsat

Saudi Tourism Ministry Launches Global Program to Train 100,000 Young Men, Women

The Ministry of Tourism launched Tuesday the "Tourism Pioneers" program, which aims to develop the capabilities of 100,000 young Saudi men and women in the field of hospitality, tourism and travel. Minister of Tourism Ahmed bin Aqeel Al-Khateeb launched the program on the sidelines of the 116th session of the…

Asharq Al-Awsat

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Asharq Al-Awsat

Saudi, Indonesian FMs Discuss Boosting Partnership

Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah held talks in Jakarta on Tuesday with his Indonesian counterpart Retno Marsudi. Discussions focused on bilateral relations between their countries and keenness on developing them to achieve the interests of their peoples. They tackled boosting their economic partnership in line with…

Asharq Al-Awsat

Saudi Govt Hails Kingdom's Mediation Efforts to Resolve Conflicts Peacefully

The Saudi government lauded on Tuesday the Kingdom's efforts in mediating between countries to resolve conflicts through peaceful means. Custodian of the Two Holy Mosques King Salman bin Abdulaziz chaired the cabinet meeting that was held in Jeddah. The cabinet stressed the Kingdom's support for dialogue aimed at reaching conditions…

Asharq Al-Awsat

Italy Looks Forward to Long-term Partnership with Saudi Arabia in Green Hydrogen

Italian Ambassador to Saudi Arabia Roberto Cantone said his country was making great efforts to diversify its gas supplies to achieve independence from Russia, by expanding its cooperation with other gas-exporting partners. He stressed in this regard that his country was looking forward to establishing a long-term partnership with a…

Asharq Al-Awsat

Saudi Arabia, Spain to Boost Investments in Mega Environmental Projects

Saudi Arabia announced its mega projects to achieve the environmental goals of the Saudi Green and the Middle East Green Initiatives and the goals of net zero emissions. The Kingdom hosted a Saudi-Spanish Investment Forum attended by a delegation from Madrid chaired by Minister of State for Energy Sara Munoz.

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Asharq Al-Awsat

Saudi Arabia Condemns Offensive Statements against Prophet Mohammed

Gulf countries condemned on Sunday offensive statements by a spokesperson of India's Bharatiya Janata Party (BJP) that were deemed offensive to the Prophet Mohammed. The Saudi Foreign Ministry expressed its vehement condemnation of the statements, stressing its constant rejection of insults to symbols of Islam and symbols and figures of…

Asharq Al-Awsat

UAE's Thuraya is After Saudi Satellite Communication Market

Thuraya, UAE's mobile satellite services company, is looking to seize new opportunities and expand its activities in the Saudi market. Thuraya has been operating in the Saudi market for more than 20 years and provides the Kingdom's military sectors with all services related to mobile satellite communications. Thuraya's Chief Executive…

Asharq Al-Awsat

Saudi Arabia Signs 100 Investment Deals Worth $4Bn during Q1

Saudi Arabia has signed 101 investment deals during the first quarter of this year, amounting to $4 billion. Supervised by the Ministry of Investment, the deals are expected to provide more than 5,000 new job opportunities. The Kingdom is the sixth among the G20 economies with the highest foreign exchange…

Asharq Al-Awsat

Saudi Arabia Approves Establishment of Holding Company to Raise Effectiveness of Saudi Health System

Saudi Arabia has agreed to a government decision to establish the Health Holding Company to raise the effectiveness of the performance of the system, and approve the organization of the National Health Insurance Center. According to official sources, the Ministry of Health will focus on regulating and supervising all public…

Asharq Al-Awsat

40 Government Agencies Strive for Quality Industries in Saudi Arabia

The National Industrial Development and Logistics Services Program (NDLP) is seeking to work with 40 Saudi government agencies to achieve qualitative industries represented in partial and total manufacturing and the development of the supply chain in machinery, medical equipment, cars, military industries and renewable energy. The NDLP aims to transform…

Belfast Live

Antrim vs Kerry: TV and live streaming info for Saturday’s Joe McDonagh Cup final

Saffrons clash with the Kingdom in a repeat of the 2020 decider

Tribune News Service

Oil reverses losses as OPEC+ agrees on supply increase plan

Oil reversed losses to trade near $116 as OPEC+ ministers agreed to boost supply increases by around 50%, after prices dropped on reports U.S. President Joe Biden is likely to visit Saudi Arabia this month and that the kingdom is ready to pump more crude.

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