Crown Prince graces Saudi Cup horse race ceremony in Riyadh
Crown Prince and Prime Minister Mohammed bin Salman has crowned America’s Senor Buscador as the winner of the 5th edition of the Saudi Cup 2024 horse race at King Abdulaziz Racecourse in Riyadh on Saturday evening. The world’s richest horse racing event with a total prize money of $37.6 million was held under the patronage of […]
Saudi Arabia celebrates its monumental origin: Founding Day marks 3 centuries of unity and cohesion
On the threshold of a momentous occasion, the Kingdom of Saudi Arabia gears up to celebrate a milestone that harks back to its very inception. Thursday, February 22, will be marked in the annals of history as Saudi Arabia commemorates the Founding Day of the first Saudi State, a testament to the nation’s enduring legacy […]
Saudi PIF unit inks sustainable manufacturing pact with global firms
Alat, a company powered by Saudi wealth fund PIF, today (February 21) sealed global partnerships with leading technology companies – Softbank Group, Dahua Technology, Carrier Corporation and Saudi Technology and Security Comprehensive Control Company (Tahakom) – as part of its massive $100 billion investment plan to enhance technology capabilities in the kingdom by 2030. As […]
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 […]