Stellantis eyes expanding product range in Saudi Arabia, CEO says
Dutch-based automobile manufacturing corporation Stellantis is planning to expand its product range in Saudi Arabia by introducing smart cars and light commercial vehicles into the market, an official has revealed. In an interview with Arab News, Samir Cherfan, chief operating officer of Stellantis in the Middle East and Africa, said that the company’s Dare Forward […]
PIF set to have $2 trillion in assets under management by 2030: report
Saudi Arabia’s Public Investment Fund is poised to reach $2 trillion in assets under management by 2030, propelling it from 5th to 2nd place globally among sovereign wealth bodies, according to Global SWF. The organization that monitors activity in this area stated that PIF’s rapid ascent can be attributed to the fund’s focus on direct […]
Saudi deputy FM receives Palestinian president
Saudi Deputy Minister of Foreign Affairs Waleed Elkhereiji received Palestinian President Mahmoud Abbas and his accompanying delegation at King Khalid International Airport, Riyadh, on Saturday. Abbas will participate in the special meeting of the World Economic Forum to promote global collaboration, growth, and energy for development, the Saudi Press Agency reported. Nayef bin Bandar Al-Sudairi, […]
Saudi citizens visiting Honduras now exempt from entry visa requirements
The announcement was made by the Honduran Deputy Minister of Foreign Affairs for Consular and Immigration Affairs Antonio Garcia, who posted the decision on the social media platform X. The visa exemption decision comes after a recent meeting between the Saudi deputy minister of foreign affairs, Waleed Elkhereiji, and his Honduran counterpart Enrique Reyna in Tegucigalpa. As well as the visa […]
Saudi aid agency extends aid to Yemen, Pakistan, Sudan, Lebanon
Saudi aid agency KSrelief recently distributed 50 shelter bags in Yemen’s Hadramout governorate following heavy rain in the area, benefiting 300 people in the Ghayl Ba Wazir district. In Pakistan’s Khyber Pakhtunkhwa province, the agency distributed 540 food baskets, assisting 3,150 people impacted by recent floods in the Shangla district. In Sudan’s Khartoum province, the […]
Saudi FM Prince Faisal hosts Arab ministerial meeting on Gaza situation in Riyadh
Saudi foreign minister Prince Faisal bin Farhan hosted a ministerial meeting on Saturday in Riyadh with representatives from six other Arab states to discuss the situation in Gaza, Saudi Press Agency reported. The meeting was attended by Ayman Al-Safadi of Jordan, Egypt’s Sameh Shoukry, Secretary of the Executive Committee of the Palestine Liberation Organization Hussein Al-Sheikh, diplomatic adviser […]