Saudi Arabia’s Minister of Defense, Prince Khalid bin Salman, was welcomed by Turkish President Recep Tayyip Erdogan at the Presidential Palace in Ankara on Tuesday. The meeting involved a thorough review of the relations between Saudi Arabia and Turkey, exploring avenues for enhancement. They also discussed regional and international developments and the efforts being made […]
Saudi Arabia’s Energy Minister, Prince Abdulaziz bin Salman, announced on Monday that Saudi Aramco has made significant discoveries in the Kingdom’s Eastern Province and Empty Quarter. According to the Saudi Press Agency (SPA), these discoveries include two unconventional oil fields, a reservoir containing light Arabian oil, two natural gas fields, and two natural gas reservoirs. […]
n the first quarter of 2024, Saudi Arabia experienced a 5.6 percent rise in net foreign direct investment (FDI) flows compared to the same period in the previous year. Data from the General Authority for Statistics (GASTAT) reveals that net FDI flow reached SAR9.5 billion ($2.53 billion) in the first three months of 2024, up […]
In May, Egypt’s net foreign assets recorded a surplus of $14.3 billion, marking the first surplus in over two years, compared to April’s $3.7 billion deficit, according to the latest data from the Central Bank of Egypt (CBE). This significant turnaround follows a near-record high of $30 billion in net foreign assets earlier this year. […]
The United Nations has designated November 24 as World Conjoined Twins Day following a proposal by Saudi Arabia, as reported by the Saudi Press Agency. Starting this year, the day will be observed annually, an initiative put forth in collaboration with Bahrain, Morocco, Qatar, and Yemen. The purpose of this day is to raise global […]
Net foreign direct investment (FDI) inflows to Saudi Arabia rose by 5.6 percent to 9.5 billion riyals ($2.53 billion) in the first quarter of 2024, according to government data released on Sunday. Compared to the previous year, inflows increased by 0.6 percent to 17 billion riyals in the first three months, while outflows decreased by […]
Karan Gandhi leverages his extensive expertise in blockchain and cryptocurrency to guide Middle Eastern investors toward effective strategies. With over five years of experience in blockchain investing and a decade in venture capital and traditional finance, Karan has established himself as a credible and influential thought leader in the rapidly evolving realms of crypto and […]
The foreign ministers of Saudi Arabia and Bangladesh chaired a significant second round of political consultations between their nations on Monday, demonstrating a firm commitment to enhancing bilateral and political relations. The meeting, reported by the Saudi Press Agency, saw Prince Faisal bin Farhan of Saudi Arabia and Hasan Mahmud of Bangladesh engage in extensive […]
Iraqi American Zenovia Jafar expressed her elation at winning the Miss Arab USA 2024 pageant in Arizona on Sunday, calling it one of the best experiences of her life. In an interview with Arab News, Jafar shared that while winning was initially her main focus, the genuine connections and friendships she formed during the competition […]
On Sunday, the Kingdom’s Foreign Ministry organized a seminar titled “The Role of Women in Diplomatic Work,” according to the Saudi Press Agency. Held at the Prince Saud Al-Faisal Institute for Diplomatic Studies, the event coincided with the recent UN International Day of Women in Diplomacy. The seminar saw the participation of Saudi Arabia’s Deputy […]