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The Latest Breaking News from Saudi Arabia

Saudi Arabia Bolsters Digital Infrastructure with New Communications, IT Law

Keeping pace with Saudi Arabia’s new direction towards innovation and the digital economy, the Saudi Cabinet, chaired by King Salman bin Abdulaziz Al Saud, approved on Tuesday, the Communications and Information Technology (IT) law. The new law is meant to reinforce the Kingdom’s digital infrastructure. Communications and Information Technology Minister…

Asharq Al-Awsat

Saudi Arabia is planning the largest buildings ever constructed

RIYADH: Saudi Arabia is planning the world’s largest buildings in a mostly unpopulated part of the country as part of an entirely new $500 billion development called Neom, according to people familiar with the matter.

The Times of India

Saudi Govt Reviews Kingdom's Local, Int'l Achievements in Climate, Economy, Tech

The Saudi government reviewed on Tuesday the participation of the Kingdom at the recent World Economic Forum in Davos. Custodian of the Two Holy Mosques King Salman bin Abdulaziz chaired the cabinet meeting that was held in Jeddah. The cabinet also reviewed Saudi Arabia's participation at the World Health Organization…

Asharq Al-Awsat

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Anthony Joshua's world title rematch with Oleksandr Usyk faces another delay

Usyk and Joshua are set to finally rematch for the unified heavyweight world titles in Saudi Arabia on July 23, but they could face a further two week delay as a result of contractual stumbles

Daily Mirror

Saudi Shura Council Approves Draft Civil Transactions System

Saudi Arabia’s Shura Council approved the draft civil transactions system which “will be comprehensive and organize all civil matters of life,” Council member Wasel Al-Mathen told Asharq Al-Awsat. He pointed out that the most important thing in the system is to provide a legal environment for citizens and residents in…

Asharq Al-Awsat

Indian IT Firm Wipro Hires Over 600 Saudi Professionals

Indian IT firm Wipro Limited has hired over 600 Saudi professionals with ambitious plans to transform the technological landscape of the Kingdom within the framework of Saudi Vision 2030. The move by Wipro, which operates as “Wipro Arabia Limited” in the Kingdom, is part of efforts to boost areas of…

Asharq Al-Awsat

Simonnet to Asharq Al-Awsat: Work Underway to Exempt Gulf Citizens from Visa Requirement

The European Union’s Ambassador to Saudi Arabia, Patrick Simonnet, said a new visa system would be revealed soon, allowing Saudi citizens to obtain multiple entries to the EU. In remarks to Asharq Al-Awsat, Simonnet also revealed that work was underway to exempt all Gulf citizens from the visa requirement. His…

Asharq Al-Awsat

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10 Alliances Seek Offshore Mining Opportunities in Saudi Arabia

Ten alliances are interested in mining the seas to extract sodium fluoride, minerals, and salts of the reverse water, announced the Governor of the Saline Water Conversion Corporation (SWCC), Abdullah al-Abdul-Karim. Speaking to Asharq Al-Awsat on the sidelines of the Innovation Driven Desalination conference in Jeddah, al-Abdul-Karim said that the…

Asharq Al-Awsat

U.S. and Saudi ministers discuss efforts to prolong Yemen truce

U.S. Secretary of State Antony Blinken and Saudi Foreign Minister Prince Faisal bin Farhan Al Saud have held a call to discuss Saudi Arabia's efforts to prolong a truce in Yemen, the U.S. Embassy in Saudi Arabia tweeted on Tuesday.

Reuters

Russia's Lavrov to meet with GCC ministers in Riyadh on Wednesday -officials

Russian Foreign Minister Sergei Lavrov will visit Saudi Arabia on Wednesday where he will meet with foreign ministers of the Gulf Cooperation Council countries (GCC), two Gulf officials said on Tuesday.

Reuters

Israel says it's talking to US, Gulf on how to forge ties with Saudis

TEL AVIV, Israel — Israel has been talking to the US and Gulf Arab countries about how it could normalize diplomatic relations with Saudi Arabia but realizes any progress is likely to be slow, Foreign Minister Yair Lapid said on Monday.

Tribune News Service

Israel's top diplomat sees no quick breakthrough with Saudi Arabia

Reaching a deal to normalize ties between Israel and Saudi Arabia will be "a long and cautious process", but Israel believes it can happen, Foreign Minister Yair Lapid said on Monday.

Reuters

Anthony Joshua recruits Robert Garcia as new trainer for Oleksandr Usyk rematch

Joshua will bid to avenge his defeat by Usyk when the heavyweight rivals meet for a second time on July 23 in Saudi Arabia

Daily Mirror

NEOM Launches Regreening Initiative to Plant 100 Million Trees

NEOM, the sustainable regional development in northwest Saudi Arabia, has launched its very own regreening initiative in collaboration with the National Center for Vegetation Cover and Combating Desertification, reported the Saudi Press Agency on Monday. As part of its program to rehabilitate at least 1.5 million hectares of land, NEOM’s…

Asharq Al-Awsat

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Asharq Al-Awsat

As F1 Leaves Monaco, Is it Adieu or Just Au Revoir?

Formula One packed up after Sunday's Monaco Grand Prix with no certainty it would be back there next year, but offering plenty of advice on what needs to be done for a new race contract to be agreed. The sport has no shortage of venues clamoring for inclusion and is…

Asharq Al-Awsat

Executive Plan for Saudi Green Initiative to Be Revealed in November

Saudi Arabia will announce in November the complete strategic and executive plan for the Saudi Green Initiative, based on an alliance of companies, scientific, and research bodies with over 60 experts in soil, water, climate change, and desertification. Environmental experts recommended supporting green initiatives that adopt sustainable afforestation projects and…

Asharq Al-Awsat

SIMAH, BENEFIT Launch Credit Information Exchange Project

Saudi Arabia and Bahrain have launched the technical linking process of the credit information exchange project between banking institutions operating in the two countries. The Bahrain Electronic Network for Financial Transactions (BENEFIT) and the Saudi Credit Bureau (SIMAH) revealed on Sunday that this step comes in implementation of the Gulf…

Asharq Al-Awsat

Saudi Arabia Is the World’s Largest Incubator of Islamic Financial Assets

Saudi Arabia is the largest incubator of Islamic finance in the world in terms of assets, ranking first with a total of nearly SAR3 trillion ($800 billion) that represents 28% of the total global assets, confirmed Ziad al-Yousef, Deputy Governor for Development and Technology at the Saudi Central Bank (SAMA).…

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Asharq Al-Awsat

Investment Opportunities in Saudi Arabia, Egypt, UAE Shift Attention Away from Africa

Investment opportunities in the Arab markets have emerged, in light of the successive crises that have impacted the global economy, starting with the global financial crisis in 2008, the geopolitical changes in the Middle East, the coronavirus pandemic and the current war in Ukraine. Countries that have carried out broad…

Asharq Al-Awsat

Turkey Speaks of ‘Additional Steps’ to Improve Ties with Egypt

Turkey said it will take “additional steps” to bolster relations with Egypt, in light of efforts to normalize bilateral ties at various levels. “Differences might exist, but severing relations is not good,” Foreign Minister Mevlut Cavusoglu said during a meeting with with UAE Minister of Foreign Affairs and International Cooperation,…

Asharq Al-Awsat

Saudi Arabia Concludes Participation at Davos WEF 2022

Saudi Arabia’s delegation concluded its participation at the World Economic Forum (WEF) 2022, which was held in Davos, Switzerland, from May 22 to 26 May 2022, under the title “History at A Turning Point: Government Policies and Business Strategies”. The Kingdom’s delegation participated in many public and private dialogue sessions…

The Guardian - UK

Don’t make Partygate official Martin Reynolds our man in Riyadh, urge Tories

Senior figure warns that man mentioned 24 times in Sue Gray report would be ‘representing the Queen’ as ambassador to Saudi Arabia

Asharq Al-Awsat

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 Economist Appointed Visiting Scholar at Stanford University

The prestigious Stanford University has recently announced appointing a Saudi economist and investment expert as a visiting scholar. Stanford Center for Sustainable Development and Global Competitiveness (SDGC) and Stanford Long Term Investing (SLTI) said they are pleased to welcome Dr. Khalid Alsweilem, PhD, as a Visiting Scholar to Stanford. His…

Benzinga

Google Cloud Chief Clarifies Aramco Deal Is Not For Oil Production

Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google Cloud head Thomas Kurien clarified that its deal with oil giant Saudi Aramco did not include oil production, Bloomberg reports. “We work with Aramco system integration division, not with the oil-and-gas division,” Kurian said. Google’s critics, including its employees, have claimed that providing cloud tools to oil-and-gas…

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