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  • U.S. Department of Commerce and Saudi Ministry of Commerce Announce Plan to Deepen Commercial Cooperation

    The Work Plan aims to guide our cooperation in four areas, which were selected based on the U.S. and Saudi Arabia’s shared goals of open, prosperous markets and inclusive growth. These areas are: the green economy, strengthening the role of women and small medium enterprises (SMEs), promoting innovation, and increasing two-way investment.

  • U.S. Department of Commerce and Saudi Ministry of Commerce Announce Plan to Deepen Commercial Cooperation

    The Work Plan aims to guide our cooperation in four areas, which were selected based on the U.S. and Saudi Arabia’s shared goals of open, prosperous markets and inclusive growth. These areas are: the green economy, strengthening the role of women and small medium enterprises (SMEs), promoting innovation, and increasing two-way investment.

  • Saudi 2030 to expand art scene in Jeddah, Riyadh

    A big black feathered animal traverses the space of the Arsenale at the Venice Biennale, the biggest event of the art world, where each country presents the very best of their art scenes. Called “The Teaching Tree,”,the petrol-colored creature is the artwork that Saudi Arabia has chosen. It’s 260 square meters of woven dried palm leaves dyed black, undulating thanks to a pneumatic machine, giving the impression of breathing. Saudi artist Muhannad Shono, one of the most active members of the growing Saudi art scene, conceived it as a visual metaphor for the country's socio-political and cultural transformation.

  • White House lauds Saudi Arabia as ‘strategic partner’

    “Saudi Arabia has been a strategic partner of the United States for eight decades. Every president since FDR [Franklin Delano Roosevelt] has met with Saudi leaders and the president [Biden] considers Saudi Arabia an important partner on a host of regional and global strategies,” White House Press Secretary Karine Jean-Pierre said.

  • Saudi foreign minister, Qatari counterpart discuss cooperation

    Prince Faisal bin Farhan, Saudi Arabia’s minister of foreign affairs, and Qatari counterpart Sheikh Mohammed bin Abdulrahman Al Thani on Wednesday discussed ways to support and enhance deep-rooted relations and cooperation to serve the two nations’ interests and achieve more stability and prosperity for their and peoples.

  • Saudi delegation concludes successful participation in World Economic Forum 2022

    The Kingdom's delegation, lead by the Minister of State and Cabinet, HE Dr. Ibrahim bin Abdulaziz Al-Assaf, included HH Prince Faisal bin Farhan bin Abdullah, Minister of Foreign Affairs, HE The Minister of Investment, Eng. Khalid A. Al Falih, and HE The Minister of Finance, Mr. Mohammed A. Al-Jadaan, HE The Minister of Communications and Information Technology, Eng. Abdullah A. Alswaha, HE The Minister of Economy and Planning, Mr. Faisal F. Alibrahim, and HH Princess Haifa Bint Mohammed AlSaud, the Assistant Minister of Tourism. Together, the delegates focused on communicating the Kingdom's Vision 2030 initiatives and progress to the forum, highlighting achievements to realize the vision both locally and on an international level.

  • Plot to smuggle Captagon using fava beans thwarted by Saudi authorities

    Saudi authorities have thwarted an attempt to smuggle 403,000 Captagon amphetamine pills hidden in a shipment of fava beans inside plastic moulds, the state news agency reported. The pills were seized in an operation in the Red Sea city of Jeddah, implicating a Saudi citizen and a Syrian resident, according to a statement by the General Directorate of Narcotics Control.

  • The United States and the Kingdom of Saudi Arabia: Eight Decades of Shared History, Strong Partnership, and United Vision

    On May 23, the Embassy of the United States of America celebrated the 246th anniversary of the United States’ independence and the 80th anniversary of the establishment of its first diplomatic presence in the Kingdom of Saudi Arabia.  The theme of the celebration was “Shared History, Strong Partnership, United Vision,” to highlight the enduring foundation of the strategic ties and friendship between the United States and the Kingdom of Saudi Arabia.

  • Tadawul Index: Saudi Arabia Stocks Head for Worst Month Since Start of Pandemic

    Stocks listed in Saudi Arabia are poised for their worst month since the start of the pandemic as investors succumb to global risk-off sentiment amid recession fears. The benchmark Tadawul All Share Index declined 8.3% in May, lagging the MSCI Emerging Markets gauge, and is on track for its biggest monthly slide since March 2020. Banks accounted for the biggest drag as investors offloaded lenders with lofty valuations during a global equities correction.

  • Opinion: Global stability partly hangs on Saudi reinvention

    Saudi Arabia’s attempts at reinvention are in full view at the World Economic Forum in Davos, Switzerland. It has branded multiple cafés on the main drag, including one bearing Crown Prince Mohammed bin Salman’s name. As war in Ukraine gives the oil-rich nation even greater clout, it has an opportunity to realign itself politically. There’s far more work to do beyond serving coffee to the global elite.