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FORGOTTEN HISTORY: 42 - The Untold Story

Saudi Arabia’s Projects Reach $5 Trillion in 5 Years

Hamad Al-Hammad, the head the Federation of Saudi Chambers’ national contracting committee, announced that the value of development projects in various regions of the Kingdom during the past five years exceeded $5 trillion. His comments came on the sidelines of the Future Projects Forum 2022, which was inaugurated on Sunday…

Asharq Al-Awsat

3 Messages from Coalition after Houthi Attacks on Saudi Arabia

The Saudi-led Arab coalition emerged with three messages in wake of the string of attacks carried out over the past two days by the Iran-backed Houthi militias in Yemen against civilian locations and vital facilities in the Kingdom. The first was its underscoring of restraint to ensure the success of…

Asharq Al-Awsat

Arab Coalition Destroys Hostile Aerial Target Aimed at Jeddah

The Saudi-led Arab coalition said on Sunday it had destroyed a hostile aerial target flown towards the Kingdom's western coastal city of Jeddah. The coalition added that it supported the Gulf and international positions to ensure the success of the upcoming Yemeni consultations set for Riyadh. It urged restraint so…

Asharq Al-Awsat

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Demand for Goods Rise in Saudi Arabia as Ramadan Looms

The local Saudi market is witnessing a growth in commercial activity and an increase in demand for food and consumer goods, informed sources told Asharq Al-Awsat. The hike in demand coincides with the advent of Islam’s holy month of fasting, Ramadan. For Saudi merchants and importers, Ramadan is one of…

Asharq Al-Awsat

Saudi Energy Ministry Condemns 'Terrorist' Drone Assaults on Kingdom's Facilities

An official spokesman at the Saudi Ministry of Energy said that on Saturday at around 11:30 pm, a drone assault was carried out against the petroleum products distribution terminal in Jizan in southeastern Saudi Arabia. Two additional drone attacks were carried out on Sunday at around 5:30 am against Yanbu’s…

Asharq Al-Awsat

Houthi Attacks against Saudi Arabia Are Widely Condemned

Several Arab countries and Islamic organizations condemned on Sunday the Iran-backed Houthi militias in Yemen for attacking civilian facilities in Saudi Arabia. The Saudi-led Arab coalition announced on Saturday that it had destroyed four armed drones fired by the militias towards the southern region of the Kingdom. It revealed that…

Asharq Al-Awsat

Saudi Arabia Concludes Participation in Red Flag 2022 Drills in US

The Saudi Royal Air Force concluded on Saturday its participation in the Red Flag 2022 drills held at the Nellis Air Force Base in Nevada, the United States. The ten-day drills had kicked off on March 8 with the participation of several countries. They were trained on several combat scenarios…

Asharq Al-Awsat

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Arab Coalition Thwarts Houthi Attempts to Target Civilian, Economic Facilities in Saudi Arabia

The Saudi-led Arab coalition announced on Saturday that it had destroyed four armed drones fired by the Iran-backed Houthi militias in Yemen towards the southern region of the Kingdom. It revealed that the attack targeted a desalination plant in al-Shuqaiq and an Aramco facility in Jazan. The coalition also announced…

Asharq Al-Awsat

Saudi Foreign Minister Meets Special Envoy for Ukraine's President

Saudi Foreign Minister Prince Faisal bin Farhan Al Saud met Bektum Rostam, a special envoy for Ukraine's president in Riyadh, Saudi state news agency (SPA) reported on Saturday. The two discussed the crisis in Ukraine, emphasizing the Kingdom's support for reducing escalation, protecting civilians and seeking negotiated political solutions and…

Asharq Al-Awsat

Al-Shouna Fortress Discovery Boosts Jeddah, Saudi Arabia’s Historical Value

Saudi Arabia unveiled on Thursday one of the most important archaeological discoveries in the city of Jeddah, in the western part of the Kingdom. Al-Shouna Fortress - the most important waterfront of the city 500 years ago - was unearthed after the removal of slum areas and randomly built tenements…

Asharq Al-Awsat

Ministry of Investment Signs MOU with Amazon Saudi Arabia

The Saudi Ministry of Investment (MISA) announced Saturday that it has signed a Memorandum of Understanding (MoU) with Amazon Saudi Arabia to create a dynamic business environment for growth opportunities for small and medium enterprises across the Kingdom. MISA and Amazon will form a joint committee to explore reforms across…

Asharq Al-Awsat

Saudi Arabia Denies Reports of Blinken Visit

The Saudi Foreign Ministry denied media reports that US Secretary of State Antony Blinken would visit the Kingdom in the near future, state news agency (SPA) reported on Saturday. “The Ministry of Foreign Affairs denied reports circulated in the media and attributed to an official source in the ministry regarding…

Asharq Al-Awsat

What channel is Down vs Kerry on? TV and live stream info for Saturday's game

Ronan Sheehan's men take on the Kingdom bidding to book their place in the Division 2A final

Belfast Live

Musical Evenings, Theatrical Performances and International Operas at Riyadh Front

Within an initiative by the Saudi Ministry of Culture, the Riyadh Front is hosting musical evenings and theatrical and opera performances, featuring a number of contemporary artists and unique creative experiences. The ministry is organizing a variety of artistic and musical events and cultural activities, from March 20-31, under the…

Asharq Al-Awsat

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Asharq Al-Awsat

Saudi Arabia Adopts Measures to Strengthen Food Security

The Saudi Agriculture Development Fund has approved several loans, worth over SR861 million ($229 million), to finance working capital for the import of agricultural products, within endeavors to strengthen food security in the Kingdom. The Fund’s Vice Chairman and General Manager, Munir bin Fahd Al-Sahli, stated that the approval of…

Reuters

Saudi Arabia looks forward to welcoming Blinken in near future - ministry

Saudi Arabia looks forward to welcoming U.S. Secretary of State Antony Blinken in the near future to strengthen ongoing "positive" discussions, though no meeting has been scheduled yet in Riyadh, an official from the Kingdom's foreign ministry said on Friday.

Asharq Al-Awsat

Saudi Crown Prince Stresses Importance of Maintaining OPEC+ Agreement

Saudi Arabia’s Crown Prince Mohammed bin Salman stressed the importance of maintaining the OPEC+ agreement and the kingdom’s keenness on keeping oil markets balanced and stable. This came during a phone call he held Thursday with the Japanese prime minister, Fumio Kishida. During the call, they discussed potential opportunities for…

Asharq Al-Awsat

Saudi GDP Registers Highest Growth Since 2012

The Saudi General Authority for Statistics (GASTAT) said on Wednesday that the Kingdom’s gross domestic product rose by 6.7 percent in the fourth quarter of 2021, while growth across the whole year increased by 3.2 percent, the highest jump achieved in nearly a decade. The growth was to a large…

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Asharq Al-Awsat

Saudi Arabia Welcomes Setting March 15 Int’l Day to Combat Islamophobia

Saudi Arabia welcomed the United Nations General Assembly’s decision to set March 15 as the International Day to Combat Islamophobia. The Kingdom will continue to work with all brotherly and friendly countries and partners from regional and international organizations to support efforts aimed at promoting dialogue among religions and civilizations,…

Asharq Al-Awsat

Bahrain Targets 5% Increase in Non-Oil Sector

Bahrain targets a 5% increase in the non-oil economic sector in 2022, said a report published by the Bahrain News Agency BNA. It pointed out that the contributions of non-oil activities to the Kingdom’s GDP increased from 58% in 2002 to 81% in 2020, up $33 billion.

Asharq Al-Awsat

SAMF Signs Sponsorship Contract for Formula 1 stc Saudi Grand Prix

The Saudi Automobile and Motorcycle Federation (SAMF) has announced the signing of a sponsorship agreement with Bank Albilad to become a strategic sponsor of Formula 1 Race in the Kingdom, through Saudi Motorsport Company (SMC). The agreement was signed in Riyadh between Prince Khalid bin Sultan bin Abdullah Al-Faisal, Chairman…

Asharq Al-Awsat

Saudi Arabia Seeks New Markets, Promising Investments in Africa

Saudi Minister of Commerce, Majid al-Qasabi underscored the Kingdom's readiness to support cooperative efforts to achieve economic and social development in Arab and African countries. Speaking at the 3rd meeting of the Governance Council of the Arab-African Trade Bridges Program (Jusoor) in Cairo, Qasabi stressed that Vision 2030 seeks to…

Asharq Al-Awsat

Riyadh, Vienna Eye More Cooperation, Promoting Environmental, Water Protection

Austrian Minister for Digital and Economic Affairs Margarete Schramböck clearly admitted that the current Russian-Ukrainian war has exposed Europe’s urgent need for a roadmap that accommodates economic diversification, especially in the energy sector, to secure its demands. This need made her visit to Saudi Arabia vital to finding the best…

Asharq Al-Awsat

Saudi Arabia Eyes Increasing Foreign Investments 20-Fold

Saudi Minister of Investment Khalid Al-Falih announced that the implementation of the Kingdom's National Investment Strategy increases the volume of foreign investment 20 times, stressing that the Kingdom established new reforms to attract quality investments. Speaking at the first Saudi-Austrian Business and Investment Forum in Riyadh, the minister confirmed that…

Asharq Al-Awsat

Saudi Crown Prince Launches New Strategy for National Development Fund

Saudi Crown Prince Mohammed bin Salman, Deputy Prime Minister, and Chairman of the National Development Fund (NDF), launched on Monday the Fund’s strategy. The strategy was announced during a meeting of the NDF’s Board of Directors. The strategy aims to make the fund a pivotal enabler for the economic and…

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