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HISTORICAL FACTS: 35 | History Defined

Non-government Members Appointed on Saudi Central Bank’s Board

The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz, has agreed to appoint five non-government members to the Board of Directors of the Saudi Central Bank to lead the Kingdom’s financial sector. Sheila Al-Rowaily, who worked with Saudi Aramco, has become the first woman to join the board…

Asharq Al-Awsat

Mining, Manufacturing Activities Drive a Leap in Saudi Industry Growth

The Saudi Authority for Industrial Cities and Technology Zones (MODON) has launched a program to support small and medium-sized enterprises in the field of innovation, with the aim of developing the industry sector in the Kingdom. The joint program was launched in cooperation with the King Abdullah University of Science…

Asharq Al-Awsat

Saudi Arabia Offers $30 Million Grant to Support Afghanistan Humanitarian Trust Fund

Saudi Arabia has announced a $30 million grant to support the Afghanistan Humanitarian Trust Fund (AHTF), which operates under the umbrella of the Islamic Development Fund (IsDB), in coordination with the Organization of Islamic Cooperation (OIC), the Saudi Press Agency reported Thursday. The grant comes in continuation of the Kingdom’s…

Asharq Al-Awsat

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Saudi Arabia Gears Up to Become Middle East’s Fintech Hub

Amid a fast-paced financial world, Saudi Arabia is emerging as a very bright spot for the future of the financial technology sector in the Middle East. What makes the Kingdom a prominent home for financial technology in the region are several record achievements, foremost of which is the development of…

Asharq Al-Awsat

Saudi Tourism Ministry Launches Global Program to Train 100,000 Young Men, Women

The Ministry of Tourism launched Tuesday the "Tourism Pioneers" program, which aims to develop the capabilities of 100,000 young Saudi men and women in the field of hospitality, tourism and travel. Minister of Tourism Ahmed bin Aqeel Al-Khateeb launched the program on the sidelines of the 116th session of the…

Asharq Al-Awsat

Saudi, Indonesian FMs Discuss Boosting Partnership

Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah held talks in Jakarta on Tuesday with his Indonesian counterpart Retno Marsudi. Discussions focused on bilateral relations between their countries and keenness on developing them to achieve the interests of their peoples. They tackled boosting their economic partnership in line with…

Asharq Al-Awsat

Saudi Govt Hails Kingdom's Mediation Efforts to Resolve Conflicts Peacefully

The Saudi government lauded on Tuesday the Kingdom's efforts in mediating between countries to resolve conflicts through peaceful means. Custodian of the Two Holy Mosques King Salman bin Abdulaziz chaired the cabinet meeting that was held in Jeddah. The cabinet stressed the Kingdom's support for dialogue aimed at reaching conditions…

Asharq Al-Awsat

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Italy Looks Forward to Long-term Partnership with Saudi Arabia in Green Hydrogen

Italian Ambassador to Saudi Arabia Roberto Cantone said his country was making great efforts to diversify its gas supplies to achieve independence from Russia, by expanding its cooperation with other gas-exporting partners. He stressed in this regard that his country was looking forward to establishing a long-term partnership with a…

Asharq Al-Awsat

Saudi Arabia, Spain to Boost Investments in Mega Environmental Projects

Saudi Arabia announced its mega projects to achieve the environmental goals of the Saudi Green and the Middle East Green Initiatives and the goals of net zero emissions. The Kingdom hosted a Saudi-Spanish Investment Forum attended by a delegation from Madrid chaired by Minister of State for Energy Sara Munoz.

Asharq Al-Awsat

Saudi Arabia Condemns Offensive Statements against Prophet Mohammed

Gulf countries condemned on Sunday offensive statements by a spokesperson of India's Bharatiya Janata Party (BJP) that were deemed offensive to the Prophet Mohammed. The Saudi Foreign Ministry expressed its vehement condemnation of the statements, stressing its constant rejection of insults to symbols of Islam and symbols and figures of…

Asharq Al-Awsat

UAE's Thuraya is After Saudi Satellite Communication Market

Thuraya, UAE's mobile satellite services company, is looking to seize new opportunities and expand its activities in the Saudi market. Thuraya has been operating in the Saudi market for more than 20 years and provides the Kingdom's military sectors with all services related to mobile satellite communications. Thuraya's Chief Executive…

Asharq Al-Awsat

Saudi Arabia Signs 100 Investment Deals Worth $4Bn during Q1

Saudi Arabia has signed 101 investment deals during the first quarter of this year, amounting to $4 billion. Supervised by the Ministry of Investment, the deals are expected to provide more than 5,000 new job opportunities. The Kingdom is the sixth among the G20 economies with the highest foreign exchange…

Asharq Al-Awsat

Saudi Arabia Approves Establishment of Holding Company to Raise Effectiveness of Saudi Health System

Saudi Arabia has agreed to a government decision to establish the Health Holding Company to raise the effectiveness of the performance of the system, and approve the organization of the National Health Insurance Center. According to official sources, the Ministry of Health will focus on regulating and supervising all public…

Asharq Al-Awsat

40 Government Agencies Strive for Quality Industries in Saudi Arabia

The National Industrial Development and Logistics Services Program (NDLP) is seeking to work with 40 Saudi government agencies to achieve qualitative industries represented in partial and total manufacturing and the development of the supply chain in machinery, medical equipment, cars, military industries and renewable energy. The NDLP aims to transform…

Asharq Al-Awsat

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Belfast Live

Antrim vs Kerry: TV and live streaming info for Saturday’s Joe McDonagh Cup final

Saffrons clash with the Kingdom in a repeat of the 2020 decider

Tribune News Service

Oil reverses losses as OPEC+ agrees on supply increase plan

Oil reversed losses to trade near $116 as OPEC+ ministers agreed to boost supply increases by around 50%, after prices dropped on reports U.S. President Joe Biden is likely to visit Saudi Arabia this month and that the kingdom is ready to pump more crude.

Asharq Al-Awsat

Saudi Launches 200 Projects in 74 Countries to Support Kingdom’s Non-Oil Exports

More than 200 projects were launched in 74 countries to support the export of Saudi national products, revealed a recent report that monitored the level of achievements of the Kingdom's Vision 2030 in 2021. The projects come within the framework of supporting Saudi products’ access to international markets, the report…

Asharq Al-Awsat

Saudi Arabia Bolsters Digital Infrastructure with New Communications, IT Law

Keeping pace with Saudi Arabia’s new direction towards innovation and the digital economy, the Saudi Cabinet, chaired by King Salman bin Abdulaziz Al Saud, approved on Tuesday, the Communications and Information Technology (IT) law. The new law is meant to reinforce the Kingdom’s digital infrastructure. Communications and Information Technology Minister…

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Asharq Al-Awsat

Saudi Arabia Says it Supports Efforts to Resolve Ukraine Crisis

Saudi Foreign Minister Prince Faisal bin Farhan has said the Kingdom supports efforts aimed at reaching a political solution to end the Russia-Ukraine crisis, the Saudi Press Agency reported. During a meeting with his Russian counterpart, Sergei Lavrov, in Riyadh on Tuesday, Prince Faisal said the Kingdom is ready to…

Asharq Al-Awsat

Saudi Govt Reviews Kingdom's Local, Int'l Achievements in Climate, Economy, Tech

The Saudi government reviewed on Tuesday the participation of the Kingdom at the recent World Economic Forum in Davos. Custodian of the Two Holy Mosques King Salman bin Abdulaziz chaired the cabinet meeting that was held in Jeddah. The cabinet also reviewed Saudi Arabia's participation at the World Health Organization…

Asharq Al-Awsat

Indian IT Firm Wipro Hires Over 600 Saudi Professionals

Indian IT firm Wipro Limited has hired over 600 Saudi professionals with ambitious plans to transform the technological landscape of the Kingdom within the framework of Saudi Vision 2030. The move by Wipro, which operates as “Wipro Arabia Limited” in the Kingdom, is part of efforts to boost areas of…

Asharq Al-Awsat

Simonnet to Asharq Al-Awsat: Work Underway to Exempt Gulf Citizens from Visa Requirement

The European Union’s Ambassador to Saudi Arabia, Patrick Simonnet, said a new visa system would be revealed soon, allowing Saudi citizens to obtain multiple entries to the EU. In remarks to Asharq Al-Awsat, Simonnet also revealed that work was underway to exempt all Gulf citizens from the visa requirement. His…

Asharq Al-Awsat

Saudi FM, Blinken Discuss Regional, Int'l Developments

Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah held telephone talks on Monday with US Secretary of State Antony Blinken. Talks focused on regional and international developments and efforts exerted towards them. They also covered the strategic bilateral relations between the Kingdom and United States and ways to bolster…

Asharq Al-Awsat

Executive Plan for Saudi Green Initiative to Be Revealed in November

Saudi Arabia will announce in November the complete strategic and executive plan for the Saudi Green Initiative, based on an alliance of companies, scientific, and research bodies with over 60 experts in soil, water, climate change, and desertification. Environmental experts recommended supporting green initiatives that adopt sustainable afforestation projects and…

Asharq Al-Awsat

Saudi Arabia Is the World’s Largest Incubator of Islamic Financial Assets

Saudi Arabia is the largest incubator of Islamic finance in the world in terms of assets, ranking first with a total of nearly SAR3 trillion ($800 billion) that represents 28% of the total global assets, confirmed Ziad al-Yousef, Deputy Governor for Development and Technology at the Saudi Central Bank (SAMA).…

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