The Latest Breaking News from Saudi Arabia

Shares in Saudi Aramco soared over 4 percent to an all-time closing high in Monday’s trading session on the Saudi stock exchange. Saudi Aramco rose 4.1 percent to a record closing high of 39.25 riyals ($10.4). Its market cap exceeded 7.8 trillion riyals ($2.1 trillion). Last week, Crown Prince Mohammed…

Saudi Arabia held celebrations on Tuesday to commemorate for the first time its foundation nearly 300 years ago, choosing a date that downplays the central role played by clerics from the ultra-conservative Wahhabi school of Islam.

MALE (Maldives): Football legend Pele congratulated Saudi Arabia's women's national team as they marked their international debut with a 2-0 win over Seychelles on Sunday.

Oil giant Saudi Aramco is in talks with partners in China about further investments in the country, CEO Amin Nasser said on Monday. "China is an important part of Aramco's base," Nasser told reporters on the sidelines of a conference in Saudi Arabia. "And we are currently in discussions with…

Saudi Arabia's crude oil production increased by 110,000 barrels per day (bpd) on a monthly basis in December to 10.02 million barrels per day, according to recent data. Crude exports slightly dropped from 6.949 million bpd in November to 6.937 million bpd, according to monthly export figures submitted by Saudi…

Egypt’s Minister of Housing, Utilities, and Urban Communities, Assem el-Gazzar, visited Saudi Arabia and inspected major housing projects in Madinah. A press statement issued by the Egyptian Ministry said that the Minister listened to a detailed explanation of the residential projects in the city and other housing projects that the…

Saudi Arabia has called to increase the volume of trade exchange with Mauritania in various economic sectors, especially in agriculture, fisheries, and minerals. Mauritanian Minister of Trade, Handicrafts, and Tourism, Al-Naha bint Hamdi Ould Meknes announced fundamental reforms introduced by the government to create a productive, diversified, and integrated economy.…

Saudi Energy Minister Prince Abdulaziz bin Salman confirmed that Saudi Arabia seeks to ensure the immunity of the three pillars of the energy world: securing necessary energy supplies, continuous economic development by providing reliable energy sources, and facing climate change. He underscored that these three pillars must be observed without…

About 200,000 people are expected to visit Thailand from Saudi Arabia this year with the resumption of direct flights and mutual tourism promotions, the government spokesman said on Monday.