The Latest Breaking News from Kingdom

The Saudi capital Monday launched an ambitious global campaign for its bid to host the Expo 2030 Riyadh at a dazzling closing ceremony of the Kingdom’s pavilion at Expo 2020 Dubai. This campaign comes after Crown Prince Mohammad bin Salman having announced last October that Riyadh had submitted an official…

The Global Entrepreneurship Congress (GEC), held in Riyadh, witnessed several agreements and investments worth almost $8 billion on its second day. The agreements aim to support entrepreneurship in various fields and enhance the Kingdom's position as an attractive environment for pioneers, innovators, and creators worldwide. Global Entrepreneurship Congress (GEC), launched…

Saudi Minister of Investment Khalid al-Falih announced that visiting Saudi Arabia in 2030 will be an opportunity for work, stability, investment, and future building. Falih indicated that the economic development in the Kingdom would lead to the development of the entire region, noting that Ministries of Investment and Commerce are…

Custodian of the Two Holy Mosques King Salman bin Abdulaziz will sponsor on Wednesday the centennial celebration of the Umm al-Qura newspaper. Governor of the Makkah region Prince Khalid al-Faisal will represent King Salman at the event, which is being held by the Media Ministry. The Kingdom's official gazette, Umm…

Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan received a phone call from the US Secretary of State Antony Blinken on Monday. During the call, the two officials discussed the strategic relations between the Kingdom and the US and ways to boost them in all fields to serve the interests…

The Global Entrepreneurship Congress (GEC) seeks to benefit from Saudi Arabia as a platform to reboot, rethink, and regenerate the entrepreneurship system at the international level. Speakers at the conference reiterated that economic strength depends on the sector's development to return to the economies of countries positively. The conference witnessed…

The Global Entrepreneurship Congress (GEC) kicked off in Riyadh under the patronage of Crown Prince Mohammed bin Salman, Deputy Prime Minister and Chairman of the Council for Economic and Development Affairs, amid unanimous agreement that Saudi Arabia has become an ideal platform for launching entrepreneurs in all sectors. During the…

Lebanese officials and politicians condemned the attack on Saudi oil facilities in Jeddah, saying it is an absolute crime. The officials expressed their solidarity with Saudi Arabia, calling on the international community to deter Houthi attacks. The Lebanese Grand Mufti, Sheikh Abdul Latif Derian, condemned the aggression against the Kingdom…

Rating agency S&P has revised Saudi Arabia’s outlook to “positive” from “stable”, affirming the kingdom’s long-term foreign currency debt rating at “A-/A-2.” “The positive outlook reflects our expectation of improving GDP growth and fiscal dynamics over the medium term, tied to the country’s emergence from the COVID-19 pandemic, improved oil…

The Saudi-led Arab coalition announced on Saturday the launch of a military operation to neutralize threats against oil facilities in the Kingdom and protect global energy sources. It carried out air strikes against sources of threats in Yemen's Sanaa and Hodeidah, it added. The operation was launched in wake of…

Gulf and Arab countries condemned on Friday the terrorist attacks by the Iran-backed Houthi militias in Yemen against Saudi Arabia. The Houthis had launched several drones and ballistic missiles at the Kingdom's southern and eastern regions, targeting civilian and oil infrastructure. The United Arab Emirates strongly denounced the attacks, accusing…