FORGOTTEN HISTORY: 11 - The Untold Story

Saudi Arabia’s Non-oil Activity Rises to Highest Level in 8 Years

Non-oil private business activity in Saudi Arabia rose to an 8-year high in February, supported by a strong increase in demand and a positive economic outlook. The Kingdom’s Purchasing Managers Index hit 59.8, up from 58.2 in January, at the fastest rate of increase since March 2015. Sunday’s survey showed…

Asharq Al-Awsat · Mar 6, 2023

Salman Al-Dossary: From a Prestigious Career in Journalism to Saudi Media Minister

Salman bin Yousef Al-Dossary was named Saudi Media Minister in a Royal Order by Custodian of the Two Holy Mosques King Salman bin Abdulaziz on Sunday. Al-Dossary will be embarking on his new journey after have spent 12 years at Asharq Al-Awsat newspaper. He will now forge the Kingdom’s media…

Asharq Al-Awsat · Mar 6, 2023

3rd Saudi Relief Plane Arrives in Poland with 30 Tons of Aid for Ukraine

The 3rd Saudi relief plane, carrying 30 tons of assistance for the Ukrainian People, arrived at the Polish Rzeszow Airport near the Ukrainian border and will continue its route across the Polish border into Ukraine, the Saudi Press Agency reported Saturday. The cargo consists of shelter materials, electric generators, and…

Asharq Al-Awsat · Mar 4, 2023

Saudi Arabia Ranks First among G20 Countries in Productivity Growth

After successfully introducing development initiatives and programs to regulate the labor market and improve the contractual relationship between employers and employees, Saudi Arabia has managed to secure first place among the Group of 20 countries (G20) for factor productivity growth in 2022. According to a series of modeled readings issued…

Asharq Al-Awsat · Mar 3, 2023

Rabat, Brussels, Tel Aviv to Sign Document to Consolidate Cooperation

Moroccan Foreign Affairs Minister Nasser Bourita said that Rabat, the European Commission, and Israel are preparing a document that they will sign to consolidate the tripartite cooperation and the regional dimension of their relations. Morocco and the European Union seek to develop security cooperation in migration as well as engage…

Asharq Al-Awsat · Mar 3, 2023

Saudi FM Calls for Combating Cybercrime as Part of Fight against Terrorism

Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah stressed on Thursday that combating terrorism also demands fighting cybercrimes through international cooperation and effective legislations. Addressing the second session of the G20 foreign ministers' meeting in New Delhi, India, he stressed that Saudi Arabia had adopted several local initiatives within…

Asharq Al-Awsat · Mar 3, 2023

Moody’s Upgrades Saudi Economy Growth Forecast

Global credit rating agency Moody’s has raised the Kingdom’s growth forecast to 2.5 percent for the current year from its last estimation of 1.7 percent, backed by moderate levels of debt and large financial reserves, in addition to its huge oil reserves. For next year, it has elevated the expansion…

Asharq Al-Awsat · Mar 2, 2023

Saudi Strategic Partnership Seeks to Promote Investment in Culture

The Saudi ministries of culture and investment concluded a memorandum of strategic partnership to develop cultural investment in the Kingdom and attract local and foreign investors to the sector. In a ceremony on Wednesday, Saudi Minister of Culture Prince Badr bin Abdullah bin Farhan and Eng.

Asharq Al-Awsat · Mar 2, 2023

Saudi Green Flag...A Symbol of Unity, Sovereignty

Saudi Arabia’s King Salman has ordered that March 11 of every year to be celebrated as National Flag Day to honor the Kingdom’s national banner and its great role in the identity and symbolism of the state. King Abdulaziz had approved the flag’s design on March 11, 1937. Flags usually…

Asharq Al-Awsat · Mar 2, 2023

Saudi Arabia Announces First Bundle of Projects by 'Shareek' Program Worth $51 Billion

In the presence of Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Prime Minister, and Chairman of the Large Companies Investment Committee, a ceremony was held on Wednesday to announce the first bundle of projects supported by the Shareek program, which is dedicated for large companies to help unlock the…

Asharq Al-Awsat · Mar 2, 2023