Deputy minister for consular affairs receives Syrian ambassador to Saudi Arabia
Deputy Minister for Consular Affairs Ali Al-Yousef received Ambassador of Syria to the Kingdom Ayman Soussan in Riyadh on Monday. During the meeting, they discussed various topics of common interest, the Foreign Ministry reported on X. Meanwhile, the assistant secretary-general of the Arab League for international political affairs, Dr. Khaled Manzalawi, met with Ambassador of […]
Crown Prince congratulates South African president on his reelection
SaudiCrown Prince and Prime Minister Mohammed bin Salman congratulated President Cyril Ramaphosa of South Africa on his re-election for a new presidential term. The Crown Prince extended congratulations during a phone call he made with Ramaphosa on Monday. During the call, the two leaders discussed bilateral relations between the two friendly countries and ways to […]
Startup Wrap – Saudi and Egyptian startups lead funding activity
Funding activity flourished in the Middle East and North Africa region, driven largely by Saudi and Egyptian startups. The region experienced a variety of funding rounds across diverse sectors, alongside the graduation of accelerator programs. Saudi startup Blend successfully raised SR5 million ($1.3 million) in a pre-seed investment round backed by a group of angel […]
Saudi Arabia makes significant moves in semiconductor sector with strategic investments
Saudi Arabia is rapidly emerging as a key player in the global semiconductor industry, driven by ambitious initiatives aimed at establishing a strong foothold in this crucial sector. Semiconductors, which are essential components for powering AI software, electric vehicles, smartphones, and various advanced technologies, have created intense competition among nations and tech giants. Currently, Taiwan […]
Expat remittances from Saudi Arabia hits $3.2bn in June
Expatriate remittances from Saudi Arabia reached $3.2 billion in June, reflecting an annual increase of 11.32 percent, according to the latest data from the Saudi Central Bank, also known as SAMA. This figure underscores the Kingdom’s significant role in global remittance flows and is a testament to the economic dynamics influencing the region. The latest […]
Saudi Arabia’s non-oil activities increase by 2.2% in June: GASTAT
Saudi Arabia’s non-oil activities saw a 2.2 percent increase in June compared to the previous month, signaling ongoing growth in the Kingdom’s efforts to diversify its economy. According to the General Authority for Statistics, the Kingdom’s Industrial Production Index fell by 1.6 percent in June, a decrease attributed to the oil output reductions agreed upon […]
KSrelief mobile clinics provide services to patients in Yemen
The mobile clinics operated by KSrelief in Yemen have provided services to 1,443 individuals from July 10 to July 16, the SPA has reported. In Azlat Al-Deir, in the Hayran district of Hajjah, the epidemic control clinic treated 718 patients, the internal medicine clinic assisted 403 beneficiaries, and the pediatrics clinic cared for 322 children. […]
Aramco delivers strong performance, with net profits up 6.59% to SR109 billion in 2Q 2024
Saudi Aramco achieved strong performance and positive progress in its long-term growth strategy with its profits increased on a quarterly basis by 6.6 percent, reaching SR109 billion ($29.1 billion) in the second quarter. This is compared to a net profit of SR 102.27 billion ($27.27 billion) during the first quarter of 2024. This quarter-on-quarter increase […]
Saudi Arabia’s King Salman receives written message from Senegal president
Saudi Arabia’s King Salman received a written message from the President of Senegal Bassirou Diomaye Faye, Saudi Press Agency reported on Tuesday. The message related to relations between the two countries and was received by the Saudi Deputy Foreign Minister Waleed Al-Khuraiji, SPA said. During a meeting between Al-Khuraiji and the president’s special envoy Marie […]
Foreign ministry official meets Indian consul general in Jeddah
Director-General of the Ministry of Foreign Affairs’ branch in Makkah Mazin Hammad Al-Himali met with Indian Consul General Mohammed Shahid Alam in Jeddah on Monday. The meeting was held on the occasion of the end of Alam’s tenure, the Saudi Press Agency reported. Alam took over as India’s consul general in Jeddah in February 2021. […]