Saudi Arabia and Qatar to provide financial support for Syrian state employees
Saudi Foreign Minister Prince Faisal bin Farhan Al Saud and Syrian Foreign Minister Asaad Hassan al-Shibani attend a press conference in Damascus, Syria May 31, 2025. (Reuters) Syria’s interim foreign minister Asaad Shaibani, right, receives Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan at Damascus International Airport on May 31, 2025. (SANA/AFP) Prince Faisal […]
UAE, China, India among top destinations for Saudi Arabia’s non-oil goods: GASTAT
The UAE emerged as the leading destination for Saudi Arabia’s non-oil exports during the first quarter of 2025, with shipments valued at SR21.32 billion ($5.68 billion), marking a 33.91 percent increase compared to the same period last year, according to the latest data from the General Authority for Statistics. Machinery and mechanical appliances were the […]
Eco-friendly and safer walkways expanded to 33% in Makkah Hajj sites
Muslims performing Hajj this year will be seeing better quality and safer walkways in Makkah, thanks to the increased use of a new road construction solution. Saudi authorities have announced the expansion of roads made of flexible rubber asphalt by 33 percent this year, with work on the road extending from Namirah Mosque to Al-Mashaer […]
Sky-high architecture shows Kingdom’s business ambitions
Skyscrapers are transforming Riyadh’s skyline, signaling a bold shift in the capital’s urban and economic ambitions. From finance to high-end living, vertical development is accelerating, drawing comparisons to global cities such as New York. Riyadh’s skyline is rapidly evolving, with high-rises, luxury towers, and smart skyscrapers rising from the King Abdullah Financial District to North […]
Riyadh positions itself as a global arbitration hub
Saudi Arabia is rapidly positioning Riyadh as a global hub for arbitration, leveraging comprehensive legal reforms, technological advancements, and strategic initiatives aligned with its Vision 2030 economic diversification agenda. The Kingdom’s concerted efforts to modernize its arbitration infrastructure have resulted in a notable increase in the enforcement of arbitral awards. Since the enactment of the […]
Uber overtakes Lucid as PIF’s largest US equity holding by value
Uber Technologies Inc. has emerged as the Saudi Public Investment Fund’s largest single holding by market value in its US portfolio, valued at $5.31 billion for an unchanged stake of 72.84 million shares. This change reflected a market-driven increase in Uber’s stock price. In contrast, Lucid Group Inc., in which PIF continues to hold 1.77 billion shares, saw its […]
Japan FM in Riyadh to bolster ties with Saudi Arabia
Japan’s Foreign Minister Takeshi Iwaya arrives in Riyadh on Wednesday to hold talks with Saudi Arabia officials on strengthening strategic cooperation. Iwaya’s visit comes as the two nations celebrate the 70th anniversary of diplomatic ties this year. In an exclusive opinion piece for Arab News published on Wednesday, Iwaya outlined his vision to help lead […]
Cabinet expresses appreciation to government agencies for efforts to achieve Saudi Vision 2030 goals
The Cabinet expressed its appreciation for the efforts of government agencies that have contributed to the achievements of Saudi Vision 2030 as it approaches the realization of its major goals, Saudi Press Agency reported on Tuesday. According to the vision’s annual report for 2024, 93 percent of its key performance indicators were either fully or […]
Foreign ministers co-chair Saudi-Qatari Coordination Council meeting in Doha
Saudi Foreign Minister Prince Faisal bin Farhan and his Qatari counterpart, Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani, co-chaired a meeting of the Saudi-Qatari Coordination Council’s executive committee in Doha on Tuesday. The topics for discussion included ways to enhance Saudi-Qatari cooperation in the energy, sports and tourism sectors, and investment activities, the Saudi Press […]
Saudi Arabia welcomes first Hajj pilgrims in Jeddah, Madinah
Saudi Arabia’s Minister of Transport and Logistic Services Saleh Al-Jasser received the first group of Hajj pilgrims on Tuesday at King Abdulaziz International Airport in Jeddah. The flight, carrying 396 pilgrims from Dhaka, Bangladesh, was one of several scheduled to arrive at Jeddah airport and Prince Mohammed bin Abdulaziz International Airport in Madinah. Al-Jasser said: […]