Saudi trade surplus keeps steady in 4Q 2023

The Saudi trade surplus maintained its steadiness in the fourth quarter of 2023, recording SR97 billion ($25.8 billion), compared to the third quarter of last year. The trade surplus amounted to about SR39 billion in December 2023, against SR44 billion in December 2022, a decrease of 11.4 percent, according to the latest figures issued by […]
Saudi Arabia calls for unconditional and immediate end to Israeli occupation of Palestine

Saudi Arabia called for an unconditional and immediate end to the Israeli occupation of the Palestinian territories. Denouncing roundly Israel’s aggression on the Gaza Strip, Saudi Arabia told before the International Court of Justice (ICJ) in The Hague, Netherlands, that Israel’s behavior since 1967 has made the establishment of a Palestinian state impossible. Saudi Ambassador […]
Saudi Foreign Minister calls for G20 action on Gaza

Saudi Foreign Minister Prince Faisal bin Farhan has urged G20 countries to exert pressure for meaningful actions to end the war in Gaza and support a credible, irreversible path towards a two-state solution. The Saudi minister participated in the first session of the G20 Foreign Ministers’ Meeting, held in Rio de Janeiro, Brazil, under the […]
Al-Ibrahim: MBC Group is working on a global project of documenting history of Saudi Arabia

Waleed Al-Ibrahim, chairman of the Board of Directors of the MBC Group and Al Arabiya Network, announced that the MBC Group is working on a giant project that aims to document the history of Saudi Arabia, starting from the first Saudi state until the present day. “This global project, which will be in segments, will […]
Arcapita, Rikaz to build top-class logistics park in Riyadh

Arcapita Group Holdings Limited, the global alternative asset manager based in Bahrd , has announced a strategic collaboration with Rikaz, a prominent large-scale real estate developer in Saudi Arabia, for the development of a top-class logistics park – The Node – in capital Riyadh, which is designed to meet the specifications of prominent international and […]
Saudi Arabia ranks first in e-government services in MENA in 2023

Saudi Arabia ranked first in the Government Electronic and Mobile Services Maturity Index for 2023, issued by the United Nations Economic and Social Commission for Western Asia (ESCWA). The Kingdom maintained its lead for the second consecutive year with a high maturity score of 93 percent in the overall index result. Eng. Ahmed Alsuwaiyan, governor […]
Saudi Arabia’s universities at the forefront of research innovation

Saudi Arabia’s Vision 2030, a strategic framework for economic and societal transformation, places significant emphasis on the role of research and development (R&D) within the nation’s universities. These institutions are not merely academic centres but are increasingly becoming vital contributors to cutting-edge research, propelling the Kingdom toward its ambitious goals. The Kingdom has made significant […]
Dr. Soliman Fakeeh Hospital soars into top 15 Saudi brands: A testament to patient-centric care

In a resounding validation of its unwavering commitment to excellence, Dr. Soliman Fakeeh Hospital has ascended to the prestigious ranks of the top 15 Saudi brands for 2023, according to the highly anticipated NPS Benchmarking Report. This remarkable achievement, placing the hospital at an impressive 11th position, stems not from self-proclaimed accolades but from the […]
Italian multinational Mapei buys top Saudi waterproofing company

Mapei Group, a leading Italian multinational manufacturer of chemical products for use in the building industry, has announced the successful acquisition of Bitumat, a leading manufacturer of waterproofing solutions in the Kingdom of Saudi Arabia (KSA). The acquisition marks a significant milestone for Mapei Group as it bolsters expansion plans to strengthen its presence in […]
Media Minister launches ‘Saudipedia’ digital platform at FOMEX

Saudi Media Minister Salman Al-Dosary launched the ‘Saudipedia’ digital platform on Monday at the Future of Media Exhibition (FOMEX) in Riyadh as part of the Saudi Media Forum activities. The event was attended by the Minister of Communications and Information Technology, Abdullah Al-Swaha, along with various officials from Arab and international media outlets. ‘Saudipedia’, part […]