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Saudi Arabia condemns Israeli approval of West Bank settlement expansion
Saudi Arabia’s Foreign Ministry on Saturday condemned the Israeli security cabinet’s approval to expand settlement operations in the West Bank. In a statement carried by the state news agency SPA, the ministry affirmed the Kingdom’s rejection of what it described as the “ongoing Israeli violations of international law and international legitimacy resolutions,” and warned of the “dire consequences” of Israel’s actions.
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Governor of Asir Region Announces Launch of Saudi Summer 2024 Program
The Governor of Asir Region and Chairman of its Development Authority, Prince Turki bin Talal bin Abdulaziz, announced the launch of this year's Asir summer season activities as a part of the Saudi Summer 2024 program. The program will start in early July under the supervision of the Asir Region Development Authority and with the support of the Ministry of Tourism, the Saudi Tourism Authority, and the General Entertainment Authority, SPA reported.
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How Saudi Arabia is creating a buzz around beekeeping and the honey making industry
Honey has long held a special place in Saudi culture, cultivated by beekeepers across the region for its medicinal and culinary uses. Now, with added government support, its true economic potential and environmental benefits are being realized. Last year, more than 100 licenses were granted to beekeepers to produce this liquid gold on land administered by the Imam Abdulaziz bin Mohammed Royal Reserve Development Authority, predominantly in the Rawdat Khuraim oasis.
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Saudi Arabia, US Discuss Supporting Growth of Digital Economy in the Region
Saudi Minister of Communications and Information Technology Eng. Abdullah bin Amer Al-Sawah has met in Washington with the US Secretary of Commerce, Gina Raimondo. Friday’s meeting was attended by Princess Reema bint Bandar bin Sultan bin Abdulaziz, the Saudi Ambassador to the US. During the meeting, the two sides discussed strengthening the strategic partnership between the Kingdom and the US to support the growth of the digital economy in the region, as Saudi Arabia is a pivotal hub for technology and innovation.
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Jeddah Season 2024 kicks off with spectacular activities
The season includes numerous distinctive tourist and cultural activities. The City Walk area offers a mix of interactive experiences, motor and skill games, Arabic plays, restaurants, cafes, and shopping stores. Additionally, the Warner Bros. Discovery: Celebrate Every Story area, being held for the first time in Saudi Arabia, provides visitors and tourists with a variety of games and entertainment shows.
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SEC boosts reliability with $266m Saudi interconnection project
The Saudi Electricity Company (SEC) has announced the successful completion and operation of a new strategic electrical interconnection project between the central and southern regions, that passes through the main substations in Al Kharj, Al Aflaj, Wadi Al Dawasir and Bisha.
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Euros form of Saudi-based stars tests perceptions of slide in standard
France's N'Golo Kante had looked to be winding down his glittering career but his unexpected recall for Euro 2024 and eye-popping performances suggest his quality has not been diminished by his big-bucks move to Saudi Arabia last year. He is among several players in Germany challenging popular perceptions that the new Saudi Pro League is a career-ending option for big players seduced by huge salaries, with Kante dazzling on his return after a two-year absence and winning player of the match in his first two games.
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Why Pakistan is looking to Saudi Arabia and the UAE to ramp up investment
Pakistan’s less-than-four-month-old government is pursuing a two-track approach to stabilize the country’s long-troubled economy. It is engaged in lengthy negotiations with the International Monetary Fund (IMF) to secure at least $6 billion in loans to shore up its ability to service its external debt. At the same time, Islamabad is also trying to woo its Gulf allies, most notably Saudi Arabia and the United Arab Emirates, in a bid to diversify its sources of external financing, address the lingering threat of insolvency, and put its economy on an upward trajectory of sustainable growth.
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Non-citizens now allowed to participate in ZATCA auctions
The updates include improvements to the procedures for announcing public auctions through official channels and making all auction details available on the authority's website. This ensures greater transparency and allows bidders to participate according to clear and defined policies, saving time and effort for all stakeholders. Additionally, the updates allow both individuals and legal entities, including citizens and non-citizens, to participate in auctions. The updates also clarify the requirements and procedures related to auctions to enhance transparency and increase bidder compliance.
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Saudi Arabia’s unemployment rate down to 7.6% in Q1 2024
The unemployment rate in Saudi Arabia fell to 7.6% in the first quarter of 2024, compared to 7.8% in the fourth quarter of 2023, according to the General Authority for Statistics’ (GASTAT) labor force survey. However, the employment-to-population ratio rose to 47.5% on a quarterly basis in Q1 2024. Saudi women’s employment also rose to 35.8% in the same period.
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