Islamic counterterrorism coalition chief discusses terror threats with British officials in London
On Wednesday he held talks with Vice Adm. Edward Ahlgren, the UK Ministry of Defence’s senior adviser for the Middle East and North Africa, at the ministry’s headquarters in London, where they discussed anti-terrorism efforts and responses to security challenges, the Saudi Press Agency reported. Al-Moghedi emphasized that measures to confront terrorism require international cooperation, […]
Kingdom’s AI sector continues to model innovation for international entities
As the Kingdom continues to spotlight its finest innovations at LEAP, artificial intelligence has been central to what the brightest minds are driving for internal operational transformations at leading companies including Red Sea Global and WeBook, which are fueling the nation’s economic boom in green technology, tourism, and international relations. Speaking to Arab […]
Saudi ambassador receives UN official in Beirut
Saudi Ambassador to Lebanon Fahd Al-Dosari met Executive Secretary of the UN Economic and Social Commission for Western Asia Rania Al-Mashat at the UN body’s headquarters in Beirut on Monday. During the meeting, they discussed ways to enhance cooperation between the Kingdom and the commission, as well as several topics of mutual interest, the Saudi […]
Confronting threats requires defense integration, collective military readiness, Saudi minister says
Confronting challenges and threats requires political coordination, defense integration, and collective military readiness, Saudi Arabia’s defense minister said on Monday. Speaking at the inaugural meeting of the Strategic Political and Defense Committee of the Makkah Joint Defense Agreement in Istanbul, Prince Khalid bin Salman highlighted the depth of the strategic relations between the […]
‘I see India-Saudi relationship scaling newer heights in the coming years,’ India’s ambassador-designate to Saudi Arabia Vipul tells Arab News
As he prepares to assume charge of India’s diplomatic mission in Saudi Arabia, ambassador-designate Vipul sees the strategic relationship between the two countries scaling newer heights in the coming years, driven by converging interests, a strong institutional framework and opportunities created by the Kingdom’s Vision 2030 reform program. Having received his credentials from Indian President […]
How Makkah Defense Agreement could redraw regional security architecture
When Saudi Arabia, Pakistan and Turkiye signed the Makkah Joint Defense Agreement on Aug. 7, they went significantly further than pledging closer military cooperation. The agreement contains a collective-defense commitment: An external armed attack against any one of the three states will be regarded as an attack against them all. That provision immediately elevated […]
Saudi FM discusses regional developments with Kuwait counterpart
Saudi Foreign Minister Prince Faisal bin Farhan received a phone call from his Kuwaiti counterpart, the Saudi Press Agency reported on Sunday. During the call with Sheikh Jarrah Jaber Al-Ahmad Al-Sabah, Prince Faisal discussed the latest regional developments and efforts aimed at de-escalation and enhancing regional security and stability. SPA Arab.News
Saudi FM receives call from Iran’s Araghchi
Saudi Arabia’s Foreign Affairs Minister Prince Faisal bin Farhan received a call on Sunday from his Iran counterpart Abbas Araghchi to discuss the latest developments in the Middle East. Prince Faisal affirmed the Kingdom’s commitment to its role in maintaining security and stability. The foreign ministers discussed diplomatic efforts to deescalate tensions in the region. The Saudi […]
Saudi bank credit rises 7.3% as deposits grow to $835bn
Saudi Arabia’s banking sector continued to expand in June, with total bank credit rising 7.3 percent year on year to SR3.42 trillion ($912 billion) and overall bank deposits increasing 8.9 percent to SR3.13 trillion, official data showed. According to the latest data from the Saudi Central Bank, broad money supply climbed 8.4 percent year on year to SR3.38 trillion, pointing to continued […]
Saudi Arabia opens August ‘Sah’ sukuk with 4.7% annual return
Saudi Arabia has opened subscriptions for its August “Sah” savings sukuk, offering a fixed annual return of 4.70 percent, up from 4.60 percent in the previous month’s issuance. The subscription window opened at 10 a.m. Saudi time on Aug. 2 and will close at 3 p.m. on Aug. 4, according to the National Debt Management Center. The Shariah-compliant sukuk is denominated in Saudi riyals, carries a one-year maturity, […]