UAE and China drive Saudi Arabia’s non-oil exports in Q2: GASTAT
Saudi Arabia’s non-oil exports surged by 10.5 percent year-on-year in the second quarter of 2024, led by outgoing shipments to the UAE and China, official data showed. According to the General Authority for Statistics, of the SR51.16 billion ($13.63 billion) registered by the sector in the three months to the end of June, non-oil goods […]
Saudi Cultural Fund to launch on Thursday new initiative to finance cultural projects
The Saudi Cultural Fund announced on Tuesday the signing of five cooperation agreements with the Saudi local banks as part of the Fund’s efforts as a major financial supporter of cultural projects and enabler of the cultural sector in Saudi Arabia. The Fund will launch on Thursday a financing program, the first of its kind, […]
Saudi POS hits $3.6bn as education spending surges with academic year start
Saudi Arabia’s point-of-sale transactions climbed to SR13.5 billion ($3.61 billion) between Aug. 11 and 17, reflecting a 3.6 percent increase from the previous week, official data showed. According to the latest figures from the Saudi Central Bank, also known as SAMA, the education sector led the charge, recording a 127.5 percent surge in spending, with total […]
KSrelief dispatches 21 relief trucks meant for flood victims of Sudan
King Salman Humanitarian Aid and Relief Center (KSrelief) launched on Tuesday the departure of 21 relief trucks carrying 23,000 food baskets and 3,464 shelter bags to meet the urgent humanitarian needs of flood victims. The trucks left the Sawakin Port in the Red Sea State of Sudan for the River Nile and Northern States of […]
Saudi Arabia’s refined crude exports up 12% to 1.37m bpd: JODI data
Saudi Arabia’s refinery crude exports increased by 12 percent in June compared to the previous month, reaching 1.37 million barrels per day, according to new data. Figures released by the Joint Organizations Data Initiative show that these products mainly included processed crude used for producing diesel, motor and aviation gasoline, and fuel oil. Diesel comprised 51 […]
Saudi Cabinet underscores state’s utmost keenness on provision of top quality education
The weekly session of the Saudi Council of Ministers, chaired by Custodian of the Two Holy Mosques King Salman in Jeddah on Tuesday, underscored the utmost keenness shown by the state to the education sector and its continuous care for the quality of its outputs. While wishing every success for male and female students on the […]
Saudi Arabia spends SR3.7 billion to support employment and training during first half of 2024
Minister of Human Resources and Social Development Eng. Ahmed Al-Rajhi revealed that the Saudi Human Resources Development Fund (HADAF) has spent about SR3.7 billion ($986 million) on programs and products to support employment, training and qualification of Saudis during the first half of this year. More than 100,000 establishments have benefited from these programs and […]
Prince Faisal and Blinken discuss efforts to end Gaza war
Saudi Minister of Foreign Affairs Prince Faisal bin Farhan and US Secretary of State Antony Blinken discussed on Sunday efforts to end the war in Gaza. The discussions were held during a phone call received by Prince Faisal from his US counterpart. The two leaders also discussed other major developments in the region, including the […]
RDIA launches advanced training program on digital chip design techniques
The Research, Development and Innovation Authority (RDIA) launched the advanced training program on ‘digital chip design techniques.’ The training program is being organized, in cooperation with the National Academy of Industry, with the aim of localizing chip design and enabling talented Saudis to join companies under the National Semiconductor Cluster. The program will contribute to […]
MHRSD addresses MISA’s reservations regarding skilled-based work visa division scheme
The Ministry of Human Resources and Social Development (MHRSD) revealed that it will coordinate with the Ministry of Investment of Saudi Arabia (MISA) pertaining to its observations and reservations with regard to a draft scheme to divide work permits into three categories based on skill levels. The ministry confirmed that it is working on preparing […]