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The Latest Breaking News from Kingdom

Saudi Arabia Ranks 1st Globally in Date Exports at $324 Mln

Saudi Arabia has ranked first globally in terms of the value of date exports in 2021, which stood at SAR1.215 billion ($320 million), according to the International Trade Center’s TradeMap. The National Center for Palms and Dates stated that the achievement reflects the wise leadership’s keenness to enhance non-oil exports…

Asharq Al-Awsat

Saudi Arabia Launches Major Partnerships, Agreements to Boost Tourism

Several global partnerships and agreements enhancing the tourism sector in Saudi Arabia were accomplished at the Future Hospitality Summit, which concluded Wednesday. Saudi Arabia hosted the second edition of the Future Hospitality Summit under the theme "Reimagined Horizons" on the 24th and 25th of May at Riyadh Airport Marriott Hotel.…

Asharq Al-Awsat

Saudi Arabia, WEF Sign Two MoUs for Boosting Cooperation

The Saudi delegation participating at the annual meeting of the World Economic Forum (WEF) in Davos 2022 met with the founder and CEO of the Forum Klaus Schwab and the President of WEF Borge Brende. During the meeting, opportunities to strengthen the partnership between the Kingdom and the Forum were…

Asharq Al-Awsat

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stc Group and Alibaba Establish Alibaba Cloud for Cloud Computing in Saudi Arabia

stc Group, the leading national digital enabler announced the establishment of "Alibaba Cloud” in Riyadh, Saudi Arabia, for high-capacity cloud services in partnership with the Chinese technology giant, "Alibaba Group”, eWTP Arabia for Technical Innovation Ltd., the Saudi Company for Artificial Intelligence (SCAI), and the Saudi Information Technology Company (SITE).…

Asharq Al-Awsat

Saudi EV plant likely to be one of three in kingdom, says minister

An electric vehicle (EV) assembly plant to be built in Saudi Arabia is likely to be one of three in the kingdom, investment minister Khalid Al-Falih said on Wednesday.

Reuters

Saudi Arabia Approves Financial Technology Strategy

The Saudi Cabinet approved on Tuesday the Kingdom’s financial technology strategy, a move that experts say would enable and activate modern means in the financial sector and attract local and foreign companies to work in an equipped infrastructure in the Kingdom. Specialists explained that the strategy will organize the sector…

Asharq Al-Awsat

Saudi Govt Stresses Importance of Providing Conditions to Achieve Better Future for Whole World

The Saudi government stressed on Tuesday the importance of providing the necessary conditions of development to meet the aspirations of the people of the world for a better future. Custodian of the Two Holy Mosques King Salman bin Abdulaziz chaired the cabinet meeting that was held in Jeddah. The government…

Asharq Al-Awsat

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Kerry v Limerick date, throw in time, TV and stream information, team news, betting odds and more

The Kingdom welcome Limerick to Killarney for the Munster Football Final this weekend

Irish Mirror

Saudi Arabia to Import Agricultural Products to Boost Strategic Stocks

Saudi Arabia's Agricultural Development Fund signed a number of financing contracts to import agricultural products worth SAR 367 million riyals ($ 97 million) in a move aimed to promote the Kigdom's food security initiative and strengthen the strategic stock, The Saudi Food Abundance Committee, emanating from the Food Security Committee,…

Asharq Al-Awsat

People Flock to Saudi Arabia's First Int'l Tea Exhibition

Tea is one of the most consumed drinks globally after water, and it is one of the essential traditional drinks in many countries, including Saudi Arabia. Saudis consider tea a part of their long-standing heritage after it was introduced into the Kingdom nearly a hundred years ago. Alongside Saudi coffee,…

Asharq Al-Awsat

ICT Sector Could Contribute $53 Bln to Saudi GDP in 2022

The information and communication technology (ICT) sector’s contribution to the Saudi GDP reached SAR 146.9 billion ($39 billion) during the past year, with predictions it could reach SAR 200 billion ($53 billion) in 2022, a recent report revealed. Published by the Research and Information Center of the Chamber of Commerce…

Asharq Al-Awsat

Drones, Technology Localization Top ‘AI’ Discussions in Riyadh

Experts at the International Exhibition and Conference on Artificial Intelligence and Cloud Computing, held in Riyadh, discussed enhancing AI for the drone sector in smart cities and the possibility of localizing the technology in the Kingdom. They also tackled mapping cloud digital transformation and the role of AI in the…

Asharq Al-Awsat

Saudi Arabia, US Ink Deals to Establish Joint Centers in Emerging Technologies

The King Abdulaziz City for Science and Technology (KACST) signed several cooperation agreements with American research and academic bodies to establish centers of excellence in emerging technologies and implement strategic projects that enhance economic growth in the Kingdom and achieve its ambitious vision of transformation towards an innovation-based economy. The…

Asharq Al-Awsat

Saudi Finance Minister Expects 7.4% Growth in 2022

Saudi Finance Minister Mohammed al-Jadaan announced that the Kingdom expects a 7.4 percent growth in 2022. Speaking at a panel on the economic outlook for the MENA region at the World Economic Forum in Davos (WEF), Jadaan explained that Saudi oil GDP would grow 19 percent this year due to…

Asharq Al-Awsat

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Asharq Al-Awsat

Saudi PIF Acquires 16.8% of Kingdom Holding Company

The Saudi Public Investment Fund has acquired 625 million shares of the Kingdom Holding Company (KHC), representing 16.87 percent, with a total value of 5.6 billion riyals ($1.5 billion).

Asharq Al-Awsat

Khalid Bin Salman, Blinken Review Ways to Strengthen Saudi-US Ties

Saudi Deputy Minister of Defense Prince Khalid bin Salman bin Abdulaziz has met with US Secretary of State Antony Blinken in Washington, the Saudi Press Agency reported. During the meeting, they reviewed the strategic and historical relations between the Kingdom and the United States and ways to strengthen them, SPA…

Asharq Al-Awsat

Saudi Arabia Aspires to Reach a Comprehensive Political Resolution in Yemen

Saudi Deputy Minister of Defense Prince Khalid bin Salman asserted the Kingdom’s “aspiration for reaching a comprehensive political resolution to the crisis” in Yemen. Prince Khalid met with the US Special Envoy for Yemen, Timothy Lenderking, in Washington to discuss the latest developments in Yemen. Prince Khalid said on his…

Bangkok Post

Another good day for Kingdom

Tennis star Luksika Kumkhum claimed her second SEA Games gold medal while the sepak takraw quard teams and the shooting squad completed a double on Saturday.

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Asharq Al-Awsat

Health Ministry : No Case of Monkeypox Recorded in Saudi Arabia

The Saudi Ministry of Health has confirmed that so far no case of monkeypox has been detected in the Kingdom. The disease has recently started to appear in some European and North American countries after it has been endemic in some African countries for over 50 years. The Ministry of…

Asharq Al-Awsat

Al Rumayyan: Carbon Trading Platform in Saudi Arabia is Evidence of Change

The presence of a carbon trading platform in Saudi Arabia is in itself evidence of change, said the governor of the Saudi Public Investment Fund (PIF), Yasir Al Rumayyan, confirming that mega projects in the Kingdom like NEOM are depending on green sources for their energy needs. Speaking at a…

Asharq Al-Awsat

Discussions to Employ Women's Capital in Saudi Investment Projects

Asharq Al-Awsat has learned that the Coordinating Council for Women’s Affairs at the Council of Saudi Chambers intends to involve businesswomen in various economic sectors, training and rehabilitation programs, initiatives and appropriate investment opportunities in the Kingdom. The Businesswomen’s Committee of the Chamber of Commerce and Industry in Riyadh held…

Reuters

Saudi crown prince signals family unity as succession looms

An unlikely royal joined a Saudi delegation to the UAE this week, and readers of the Kingdom's political landscape are viewing the move as a message of family unity from its de facto ruler after fractious years spent building his power base.

Asharq Al-Awsat

Proposal for Building Korean Industrial Village in Eastern Saudi Arabia

An industrial proposal has been put forward to establish a Korean industrial village in eastern Saudi Arabia.

Evening Standard

Partygate: Did Boris Johnson get away with it again?

Our long national nightmare is over. Our Cabinet Office works. Our Kingdom is a government of laws and not of party animals. Ok, not quite.

Asharq Al-Awsat

Saudi Arabia Kicks off Implementation of World’s Largest Eco-friendly Water Osmosis System

The Governor of the Saudi Saline Water Conversion Corporation (SWCC), Eng. Abdullah Al-Abdul Karim, said that work has begun to create the world’s largest environmentally friendly water osmosis system. The Saudi official revealed the Kingdom’s aspirations to find solutions to the risks that threaten humanity, especially the increasing water demand.

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