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  • Saudi Super Cup 2024 Preview: Quartet set for season curtain-raiser

    Exactly 67 days after Al Hilal’s King’s Cup final victory over Al Nassr put the exclamation point on an enthralling 2023-24 Saudi football season, a new campaign begins in the Kingdom on Tuesday with the 11th edition of the Saudi Super Cup. Between 2013 and 2022, the Saudi Super Cup was a one-off match, but this will be the third time in a row it has been run as a four-team tournament, which Al Hilal most recently won just four months ago when the competition was hosted in Abu Dhabi. The 2024 Saudi Super Cup returns to its position as season curtain-raiser in August for the first time since 2018, when Al Hilal beat Al Ittihad.

  • US to resume sales of offensive weapons to Saudi Arabia

    More than three years after imposing limits on human rights grounds over Saudi strikes in Yemen, the state department said it would return to weapons sales “in regular order, with appropriate congressional notification and consultation”. “Saudi Arabia has remained a close strategic partner of the United States, and we look forward to enhancing that partnership,” the state department spokesperson, Vedant Patel, told reporters.

  • Saudi Arabia’s Athir raises new investment round

    Athir, a Saudi-based health tech company, has announced the successful closure of its first investment funding round. The round saw participation from Wa’ed Ventures, SHARE Investment Co., and RZM Investment. The “Athir HIS” system is the first fully integrated Saudi system for healthcare facilities, applied in both public and private sectors. This system integrates with various platforms like Absher, Sehhaty, Wasfaty, in addition to hospital healthcare systems and medical insurance management systems.

  • Chinese Firms Deliver Massive Offshore Oil, Gas Rig to Saudi Aramco

    A ultra-large offshore oil and gas collection and transportation platform, which is the biggest of its kind built by Chinese companies for a foreign client, was successfully handed over to Saudi Arabian oil major Saudi Aramco today, marking a new chapter for the country’s giant offshore oil and gas platform construction industry.

  • Schindler wins The Avenues – Riyadh project, Saudi Arabia

    Schindler Olayan will provide a total of 293 elevators, escalators, and moving walks to the new multi-purpose project The Avenues – Riyadh in the Saudi Arabian capital, which will cover an area of over 1.8 million square meters. Situated in a prime location in the north of Riyadh, The Avenues – Riyadh will, once completed, be home to the largest commercial mall in the Middle East – which alone will cover an area of 388,000 square meters – and comprise five multi-purpose towers that will house hotels, residential apartments, and offices.

  • Saudi Crown Prince, South African President Discuss Bilateral Ties

    Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud held a phone call on Monday with South African President Cyril Ramaphosa to congratulate him for being re-elected, the Saudi Press Agency reported. The two sides also discussed relations and ways to strengthen and develop them in various fields, SPA said. They also reviewed a number of topics of mutual interest, it added.

  • US Lifts Ban on Offensive Weapons Sales to Saudi Arabia

    Since the truce, “there has not been a single Saudi airstrike into Yemen and cross-border fire from Yemen into Saudi Arabia has largely stopped,” Patel said. “The Saudis since that time have met their end of the deal, and we are prepared to meet ours,” Patel said.

  • Saudi Arabia unveils updated investment law to facilitate foreign investors

    The updated law promises enhanced protections for investors, including adherence to the rule of law, fair treatment, and property rights, while ensuring robust safeguards for intellectual property and facilitating smooth fund transfers.  It streamlines the registration process, replacing complex licensing requirements with a simpler system, and introduces new service centers to expedite government transactions and investment procedures.

  • Saudi swimmer Zaid Al Sarraj reflects on ‘surreal’ Olympic debut

    At just 16 years old, Zaid Al Sarraj was the youngest member of Saudi Arabia’s Olympic team for the 2024 Games. As a wildcard entry in the 100-meter freestyle swimming, Al Sarraj’s involvement in Paris was always designed to be a learning experience; the teenager certainly appeared unfazed by the responsibility of representing his country in the world’s biggest sporting showcase.

  • Saudi Arabia approves investment law update to level field for foreign and local investors

    The Council of Ministers on Sunday approved an updated investment law into one framework intended to provide investors with greater transparency, flexibility and confidence, Saudi Arabia's Ministry of Investment said in a statement on Sunday. “The law reaffirms Saudi Arabia’s commitment to creating a welcoming and secure environment for investors, driving economic growth, and enhancing the kingdom’s position as a premier global investment destination,” Khalid Al Falih, Minister of Investment, said.