The Latest Breaking News from SPA

Saudi, Belgian Foreign Ministers Discuss Bilateral Ties

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah has met with Belgium’s Minister of Foreign Affairs, European Affairs and Foreign Trade, and the Federal Cultural Institutions, Hadja Lahbib, in Brussels, the Saudi Press Agency reported. During Thursday’s meeting, they reviewed the advanced relations between the two countries,…

Asharq Al-Awsat · Feb 17, 2023

Riyadh, BIE Discuss Saudi Expo 2030 Bid

Saudi Minister of Economy and Planning Faisal bin Fadhil Alibrahim has met with Dimitri Kerkentzes, the Secretary General of the Bureau International Des Expositions (BIE), in Paris, the Saudi Press Agency reported Thursday. During the meeting, the two sides discussed the Saudi bid to host the Expo 2030 world fair…

Asharq Al-Awsat · Feb 17, 2023

Saudi Arabia aims for huge new downtown in Riyadh by 2030

Saudi Crown Prince Mohammed bin Salman on Thursday launched a company to carry out a hugely ambitious development in downtown Riyadh, as part of the leading oil exporter's plans to make its capital a global metropolis and diversify the economy.

Reuters · Feb 16, 2023

Saudi Investment Ministry Signs 2 MoUs at Riyadh Global Medical Biotechnology Summit

The Ministry of Investment signed two memorandums of understanding with Boehringer Ingelheim Company and Saudi Novo Nordisk Trading Company and King Abdullah University of Science and Technology at Riyadh Global Medical Biotechnology Summit 2023, the Saudi Press Agency reported Friday. The MoUs were signed in the presence of Minister of…

Asharq Al-Awsat · Jan 28, 2023

Saudi Arabia condemns Israeli raid in Jenin

Saudi Arabia on Thursday strongly condemned a raid by Israeli commandos on the Palestinian town of Jenin that killed seven people and injured two, state news agency SPA reported.

Reuters · Jan 26, 2023

Saudi Arabia Seeks to Accelerate Development of Digital Currency

As the Saudi Central Bank (SAMA) said on Monday that it was carrying out experiments with a central bank digital currency and exploring the potential benefits and risks of its use, economists told Asharq Al-Awsat that the local market was ready and enjoyed the ability to deal with the project…

Asharq Al-Awsat · Jan 25, 2023

Saudi Arabia Joins WEF Jobs Consortium

Saudi Arabia has joined the World Economic Forum’s (WEF) Jobs Consortium, it was announced at the organization’s 2023 Annual Meeting in Davos. The Jobs Consortium is a coalition of CEOs, ministers, and other leaders with a common aim to promote a better future of work for all by enabling job…

Asharq Al-Awsat · Jan 19, 2023

Saudi Arabia Extends Financial Support for Global Counter-Terrorism Office

Saudi Arabia has extended a financial support worth $300,000 for the New York-based Global Counter-Terrorism Office as part of the Arab strategy to promote the project of combating terrorism, the Saudi Press Agency reported. Saudi Arabia's Permanent Representative to the United Nations Abdulaziz Al-Wasel delivered the cheque to the Undersecretary…

Asharq Al-Awsat · Jan 17, 2023

Saudi Arabia includes Diriyah tourism project in PIF's portfolio -SPA

Saudi Arabia has included a Diriyah tourism project in the portfolio of its sovereign wealth fund, the Public Investment Fund (PIF), to improve investment efficiency and public-private cooperation, state news agency SPA reported on Monday.

Reuters · Jan 9, 2023

DWP could make decision on raising State Pension age to 68 this year

In his Autumn statement, chancellor Jeremy Hunt announced there would be a review into the current age which would consider whether to quicken the already planned increases.

Nottingham Post · Jan 7, 2023