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FORGOTTEN HISTORY: 33 - Caught on Camera

Saudi Banking Sector Stimulates FinTech, Entrepreneurship

The Saudi Central Bank inaugurated the HORIZON Center at al-Bilad Bank to create a coherent environment that ensures support for digital entrepreneurial projects. Last May, the Saudi Cabinet adopted the financial technology strategy so that the Kingdom would be among the leading countries in the field of FinTech, with Riyadh…

Asharq Al-Awsat

King Salman Receives Message from Emir of Qatar

Custodian of the Two Holy Mosques King Salman bin Abdulaziz received on Wednesday a written message from Emir of Qatar Sheikh Tamim bin Hamad Al Thani on boosting the fraternal bilateral ties between their countries. The message was received by Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah during…

Asharq Al-Awsat

Saudi Minister of Industry: We Have Identified 50 Mining Sites to Offer to Investors

Saudi Minister of Industry and Mineral Resources Bandar Al-Khorayef said that the Kingdom has identified 50 sites that are believed to contain minerals in commercial quantities.

Asharq Al-Awsat

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New Companies Law Stimulates Saudi Commercial System

The Saudi Cabinet approved a new Companies Law in line with international best practices to promote the commercial system in the Kingdom. Experts told Asharq Al-Awsat that amending regulations and legislation, including the current project, will attract more businesses to the country. It improves establishment governance, facilitates the regulatory procedures,…

Asharq Al-Awsat

Khalid al-Faisal to Asharq Al-Awsat: Spiteful Parties Are Undermining Saudi Role in Holding the Hajj

Prince Khalid Al-Faisal, Advisor to the Custodian of the Two Holy Mosques, Governor of the Makkah Region and President of the Central Hajj Committee, is overseeing the preparations to hold this year’s holy Hajj pilgrimage. He presided over a meeting of the Central Hajj Committee at Mina, extending his gratitude…

Asharq Al-Awsat

Agreement Signed to Advance Saudi Contracting Sector

President of the Saudi Contractors Authority (SCA) Zakaria al-Abdul Qader revealed that the number of workers in the contracting sector has reached three million in various professions. He revealed that 165,000 companies operate in the contracting sector in the Kingdom, ranging from small, to medium, and large enterprises. He said…

Asharq Al-Awsat

Saudi Arabia, Italy to Boost Comprehensive Strategic Partnership

Saudi Arabia and Italy underscored on Monday their strategic relations and determination to further expand their economic partnership. Addressing the Saudi-Italian Investment Forum being in Riyadh, Saudi Finance Minister Mohammad al-Jadaan discussed the national economy and the "enormous" investment opportunities available. He said his country is going through an economic…

Asharq Al-Awsat

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Saudi to Adopt Global Index for Driving 4th Industrial Revolution in Kingdom’s Factories

Saudi Arabia’s National Industrial Development and Logistics Program (NIDLP) signed on Sunday a partnership with the Singapore-based International Center for Industrial Transformation (INCIT) to drive the adoption of the Industry 4.0 focused and Singapore-developed Smart Industry Readiness Index (SIRI) throughout the Kingdom. The SIRI comprises a suite of digital frameworks…

Asharq Al-Awsat

King of Bahrain, Saudi FM Discuss Latest Developments

King of Bahrain Hamad bin Isa received in Manama on Sunday Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah. Prince Faisal conveyed the greetings of Custodian of the Two Holy Mosques King Salman bin Abdulaziz and Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense. King…

Asharq Al-Awsat

1st Saudi-American Joint Exhibition of Photography Held in Tabuk Region

The Association of Culture and Arts in Tabuk Region has held the first Saudi-American Joint Exhibition of Photography in the region in the presence of the US Consul General in Jeddah, Faris Asad, the Saudi Press Agency reported on Saturday. The attendees toured the three-day exhibition, being organized by the…

Asharq Al-Awsat

Saudi Health Ministry Provides Services to More Than 216,000 Pilgrims at Kingdom’s Ports

The Saudi Ministry of Health has provided medical services to 216,981 pilgrims who entered the Kingdom via land, air, and seaports, from the beginning of the pilgrims' arrival until Monday, the Saudi Press Agency reported Saturday. According to the ministry, a total of 10,101 pilgrims received preventive treatment for meningitis,…

Asharq Al-Awsat

Saudi Investment Opportunities in Vaccines, Vital Medicines Worth $3.4 Bn

Saudi Arabia announced substantial investment opportunities in vaccines and medicines worth $3.4 billion, aiming to realize the Kingdom's goals of achieving pharmaceutical and health security and making Saudi Arabia an important center for this promising industry. Minister of Industry and Mineral Resources Bandar al-Khorayef explained that the ministry is keen…

Asharq Al-Awsat

Saudi Arabia to Invest $3.4 Bln in Vaccine, Biomedical Drugs Sector

Saudi Minister of Industry and Mineral Resources, Chairman of the Manufacturing Vaccines and Vital Medicines Committee, Bandar bin Ibrahim Alkhorayef announced on Friday the launch of several investment opportunities in the vaccines and vital medicines industry, valued at $3.4 billion. The move seeks to accomplish the Kingdom’s goals at achieving…

Asharq Al-Awsat

Kerry legend Aidan O'Mahony doesn't think Kingdom would lose six finals in a row like Mayo

Kerry and Mayo meet this weekend in an All-Ireland quarter-final

Irish Mirror

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Asharq Al-Awsat

IMF: Overall Saudi GDP Projected to Grow 7.6%

The International Monetary Fund (IMF) has highlighted solid indicators for the Saudi economy, expecting a 7.6 percent overall GDP growth in 2022. Non-oil growth will increase to 4.2 percent in 2022, with the current account surplus will increase to 17.4 percent of GDP in 2022, said the Fund experts. An…

Asharq Al-Awsat

Saudi Crown Prince, Turkish President Stress Cooperation in All Fields

Saudi Crown Prince Mohammed bin Salman concluded a regional tour that saw him visiting each of Egypt, Jordan, and Turkey, where he discussed enhancing ties and reinforcing regional stability with the leaders of those countries. Strategic files, development and economic relations were also reviewed. The Turkish capital, Ankara, was the…

Asharq Al-Awsat

Saudi Arabia, UK Discuss Strengthening Collaboration in Industrial and Mining Sectors

Saudi Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef has met in London with Secretary of State for Business, Energy and Industrial Strategy Kwasi Kwarteng, the Saudi Press Agency reported. Attended by a number of industry and mining leaders, the meeting comes as part of the Minister’s visit to…

Asharq Al-Awsat

Saudi Arabia Reiterates Support to Sudan’s Stability

The Saudi government reiterated on Tuesday the Kingdom’s support to stability in Sudan. Custodian of the Two Holy Mosques King Salman bin Abdulaziz chaired the cabinet meeting that was held in Jeddah. The government underscored the Kingdom's speech at the United Nations Human Rights Council during which it expressed its…

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Asharq Al-Awsat

New Ambassadors, Shura Council Member Sworn in Before King Salman

Several new Saudi ambassadors and a member of the Shura council were sworn in before Custodian of the Two Holy Mosques King Salman bin Abdulaziz on Tuesday. The ceremony was held at the al-Salam palace in Jeddah. The new ambassadors include the Kingdom’s envoys to China, Nepal, Peru, Georgia, Sri…

Asharq Al-Awsat

Saudi Project to Develop Quality of E-Commerce Data

Considering the growth of e-commerce and the desire to improve the mechanism of data collection related to the sector, Saudi authorities informed all banks in the Kingdom of the need to abide by the operational framework and technical and operational rules for the data quality development project. The Saudi Central…

The Times of India

Saudi Arabia lifts COVID-travel ban from its citizens travelling to India

Saudi Arabia has finally lifted its travel-related curbs from India, Turkey, Ethiopia and Vietnam. Now, the citizens of Saudi can finally travel to these countries without any restrictions. The move comes right after a week the nation dropped some more measures related to Coronavirus. This includes, wearing of face masks…

Asharq Al-Awsat

Saudi Lifts COVID Travel Restrictions to Turkey, India, Ethiopia and Vietnam

Saudi Arabia lifted coronavirus travel restrictions on Monday on its citizens travelling to Turkey, India, Ethiopia and Vietnam, state news agency SPA reported. Earlier this month, the Kingdom lifted measures imposed to prevent the spread of the virus, including a requirement to wear face masks indoors. An official at the…

Asharq Al-Awsat

Int’l Companies Race over Investment, Partnership Deals for Saudi Ports

The Saudi Minister of Transport and Logistic Services and Chairman of the Board of Saudi Ports Authority Saleh Al-Jasser revealed that work is underway on several partnerships with the private sector to operate stations and marine services in Saudi ports. Al-Jasser added that international transport line and container operators are…

Asharq Al-Awsat

Egypt, Jordan, Bahrain Welcome Upcoming Summit in Saudi Arabia

Egypt, Jordan, and Bahrain have welcomed the upcoming summit to be hosted by Saudi Arabia in July, comprising leaders of the Gulf Cooperation Council (GCC) countries, Egypt, Jordan, Iraq, and the United States. The support for the US regional summit in Jeddah, scheduled for next month, was voiced during a…

Asharq Al-Awsat

Saudi Aramco, Cognite Join Forces in New Data Venture

Saudi Aramco and Cognite have launched CNTXT, a joint venture based in Riyadh to support industrial digitalization of the Kingdom and the wider MENA region. CNTXT will provide digital transformation services enabled by advanced cloud solutions and leading industrial software.

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