Saudi crown prince offers condolences after passing of Kuwait’s Sheikh Salem
Saudi Crown Prince Mohammed bin Salman offered his condolences to Kuwait’s emir and crown prince on Tuesday after the passing of Sheikh Salem Al-Ali Al-Salem Al-Mubarak Al-Sabah. In separate phone calls to Sheikh Meshal Al-Ahmad Al-Sabah and Sheikh Sabah Khaled Al-Sabah, Prince Mohammed prayed that God have mercy on the deceased and forgive him. Sheikh […]
Saudi Arabia condemns repeated Israeli incursions at Al-Aqsa mosque compound
Saudi Arabia condemned on Tuesday repeated Israeli incursions at the Al-Aqsa mosque compound in annexed east Jerusalem, the foreign ministry said. The condemnation came after Israeli far-right National Security Minister Itamar Ben Gvir led hundreds of Israelis into the compound on Tuesday and performed prayers marking a Jewish holiday. In a statement, the ministry stressed […]
French Senator Goulet receives Princess Reema, Saudi ambassador in Paris
French Senator Nathalie Goulet received Princess Reema Bandar Al-Saud, Saudi Arabia’s ambassador to the US, and Ambassador Fahad Al-Ruwaily, the Kingdom’s envoy to France, in Paris on Monday. The princess is visiting France in her capacity as a member of both the International Olympic Committee and the Saudi Olympic and Paralympic Committee. The visit included a […]
King Salman, crown prince offer condolences to Emir of Kuwait on death of Sheikh Salem
Saudi Arabia’s King Salman and Crown Prince Mohammed bin Salman on Monday offered condolences to the Emir of Kuwait following the death Sheikh Salem Al-Ali Al-Salem Al-Mubarak Al-Sabah, Saudi Press Agency reported. Sheikh Salem, who was 98, served as the sole Chief of the National Guard from its inception six decades ago to the present day. The […]
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 […]