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US approves potential $9 billion sale of Patriot missiles to Saudi Arabia

The US Department of Defense (Pentagon) announced that the US State Department has approved the potential sale of Patriot interceptor missiles and related military equipment to Saudi Arabia for an estimated cost of around $9 billion.   The Pentagon said in a statement that Lockheed Martin Corp. will be the principal contractor for the sale […]

Saudi defense minister meets with leading US Think Tanks

Saudi Defense Minister Prince Khalid bin Salman met with a number of thinkers and researchers from American think tanks, research centers, and organizations during his current official visit to the United States.   The meeting addressed the importance of strategic relations between the two countries and their efforts to confront threats and maintain international peace […]

Interior Minister, Algeria’s President Discuss Bilateral Ties, Security Cooperation

Acting on the directives of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, Minister of Interior Prince Abdulaziz bin Saud bin Naif bin Abdulaziz met on Monday with President of Algeria Abdelmadjid Tebboune. The meeting took place at the presidential palace in Algiers, the Algerian capital. During […]

Foreign Minister Receives Written Message from Russian Counterpart

Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah received a written message from Minister of Foreign Affairs of the Russian Federation Sergey Lavrov on bilateral relations between the two countries and ways to support and strengthen them in all fields. The message was received by Vice Minister of Foreign Affairs Waleed Elkhereiji during […]

Saudi events industry showcases different side of Vision 2030

  A decade after Vision 2030 was unveiled, Saudi Arabia’s transformation is now being driven by its booming events industry, not just its infrastructure and giga-projects. This sector is expanding rapidly, establishing the country as a leading global hub for tech and business. The Kingdom has successfully attracted over 20 international event brands in recent […]

Saudi Arabia’s real GDP grows 5% in Q3: GASTAT 

Saudi Arabia’s economy grew 5 percent in the third quarter from a year earlier, driven by strong gains in both oil and non-oil sectors, official data showed. According to flash estimates from the General Authority for Statistics, oil activities grew 8.2 percent, while non-oil output expanded 4.5 percent and government activities increased 1.8 percent during the […]

PIF set to achieve goal of reaching $1tn in assets by year-end: Al-Rumayyan

Yasir Al-Rumayyan, governor of the Public Investment Fund, said the fund’s assets have tripled since 2015, adding the fund’s goal is to reach $1 trillion by the end of this year, “and we are very close to achieving it.” The PIF has been the cornerstone of Saudi Vision 2030, with its workforce expanding from around […]

In sweeping UN speech, Saudi FM demands end to Gaza genocide, lays out vision for regional peace

Saudi Arabia’s foreign minister on Saturday called for immediate global intervention to stop the genocide in Gaza, defended the multilateral system, and outlined the Kingdom’s strategy for regional stability, environmental sustainability and economic growth. Prince Faisal bin Farhan told the 80th UN General Assembly that Saudi Arabia’s “is proud to be a founding member of […]