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  • Iran, Saudi Arabia resume bilateral trade as part of rapprochement

    Minister of Industry, Trade and Mining, Reza Fatemi Amin, said in statements cited by state news agency, IRNA, that the entry of Iranian goods into Saudi Arabia was "on the agenda". He added that his Ministry has begun the process of exporting goods to Saudi Arabia in line with agreements reached between the two sides in recent months. Last month, Tehran and Riyadh agreed to revive relations after seven years, with China brokering the final round of marathon talks.

  • Sheikh Abdullah thanks Saudi rulers for helping UAE citizens and others escape Khartoum

    Sheikh Abdullah bin Zayed, Minister of Foreign Affairs and International Co-operation, has told Saudi officials that the role the kingdom has played in the evacuation of people caught up in the violence in Sudan has been appreciated. Sheikh Abdullah spoke to his Saudi counterpart, Prince Faisal bin Farhan, on the phone on Monday. The kingdom had made outstanding efforts in co-operation with other nations in the evacuation efforts, according to Wam.

  • Inaugural Islamic Arts Biennale in Saudi Arabia extended until May

    Saudi Arabia's Islamic Arts Biennale has been extended by another month. The inaugural event, held at the Hajj Terminal of the King Abdul Aziz International Airport in Jeddah, will continue until May 23. It will allow more visitors to see about 280 Islamic cultural artefacts on display and the more than 50 new commissions and contemporary artworks by new and seasoned regional artists.

  • The Cultural Spaces Shaping Saudi Arabia’s Blossoming Art Scene

    As the kingdom’s burgeoning art scene gains regional and global momentum, the spaces shaping this pivotal cultural moment become integral to its survival. From art galleries and collaborative spaces, local and regional artists are carving out spaces for an emerging narrative, deeply rooted in the kingdom’s artistic heritage and loaded with contemporary and futuristic elements.

  • Saudi Arabia investing millions in Israeli startups

    IVC Research Center founder and chairman and Giza venture capital founder and chairman Zeev Holtzman adds, "Saudi involvement in top Silicon Valley funds has been an open secret in the industry, but it is limited and does not exceed a few percent of the capital invested in these funds. Executives of these funds took part in exclusive conferences organized in Saudi Arabia and the UAE and became sought-after lecturers there."

  • Eid Al-Fitr prayer proves to be a memorable and heartfelt affair for Saudi residents

    As Muslims across the globe prepare to celebrate the first of two eids on the Muslim calendar, many initiate the day’s festivities with a morning prayer. The Eid Al-Fitr prayer has long surpassed its type as a sunnah (an action of the Prophet Muhammad) and positioned itself, emotionally, as a fardh (obligatory act) in the hearts of Muslims around the world and across the Kingdom.

  • Eid Al-Fitr prayer proves to be a memorable and heartfelt affair for Saudi residents

    As Muslims across the globe prepare to celebrate the first of two eids on the Muslim calendar, many initiate the day’s festivities with a morning prayer. The Eid Al-Fitr prayer has long surpassed its type as a sunnah (an action of the Prophet Muhammad) and positioned itself, emotionally, as a fardh (obligatory act) in the hearts of Muslims around the world and across the Kingdom.

  • Saudi Arabia PIF Unit AviLease Vies for StanChart Leasing Arm

    AviLease, owned by Saudi Arabia’s Public Investment Fund, is among suitors competing to acquire Standard Chartered Plc’s aviation finance business, people familiar with the matter said. The fledgling Riyadh-based jet lessor is one of several parties that were shortlisted to proceed to the second round of bidding for the unit, the people said, asking not to be identified as the discussions are confidential.

  • Crystal Lagoons Expands Middle East Success with Saudi Arabia Master Agreement Partnership with A’amal Group

    Crystal Lagoons enters the largest country in the Middle East, Saudi Arabia, with a new mega deal to develop real estate, hospitality, and Public Access Lagoons™, also called PAL™, projects. The development plan consists of several luxury complexes, which will be located in coastal and inland cities such as Riyadh, as well as Jeddah, Dammam, Medina, and Khobar.

  • Saudi Arabia approves amendments to the Transfer Pricing Bylaws to include zakat payers as part of covered entities

    On 7 April 2023, the Zakat, Tax and Customs Authority (ZATCA) announced the issuance of Decision of the Board of Directors of the Zakat, Tax and Customs No (8-2-23) dated 28/08/1444AH (Decision), approving changes that will include zakat payers within the scope of the Saudi Arabian TP Bylaws.