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  • China, Saudi Arabia top buyers of Russian fuel oil in July, LSEG data shows

     China and Saudi Arabia were the top destinations for Russian seaborne fuel oil and vacuum gasoil (VGO) exports in July, traders said and LSEG data showed on Friday. Russian fuel oil and VGO seaborne exports last month rose 7% from June to about 4.05 million metric tons, helped by completion of seasonal maintenance on Russian refineries.

  • Saudi Arabia’s Electricity Consumption Soars, Oil Burn Doesn’t

    Saudi Arabia electricity generation surged by 6% in the first half of the year. Yet oil burn is down against 2023 levels thanks to higher gas availability and the growing role of renewables in the power mix. Higher fuel oil imports in June raise questions over whether oil burn gains may return in H2.

  • Saudi Arabia’s PIF partners with CONCACAF to boost football development

    The Confederation of North, Central America, and Caribbean Association Football (CONCACAF) has announced a strategic partnership with Saudi Arabia’s Public Investment Fund (PIF) to elevate football development across the region. The multi-year collaboration will focus on bolstering grassroots football, expanding youth championships, and nurturing young talent. By investing in programs like the CONCACAF under-15, under-17, and under-20 championships for both men and women, the partnership aims to create more opportunities for aspiring footballers.

  • Saudi brothers make waves in open-water swimming

    Abdulrahman Boksmati and Ghaith Boksmati from Jeddah are the first Saudis to complete the 20 Bridges swim in Manhattan, New York. The 48.5 km loop around the island is one of three swims that constitute “the triple crown” of open-water swimming. The title is bestowed on swimmers who complete the Catalina Channel, the English Channel, and the largest of the three, the Manhattan 20 Bridges.

  • Qiddiya’s Performing Arts Centre: Where innovation meets culture in Saudi Arabia

    The Qiddiya Investment Company (QIC) is set to redefine the cultural and entertainment landscape of Saudi Arabia with the launch of the Qiddiya Performing Arts Centre. As the first cultural asset of the newly announced Qiddiya City, this state-of-the-art venue is designed to become a symbol of creativity and a cornerstone of the Kingdom’s cultural evolution. In an exclusive interview with Saudi Gazette, Majed Aldusaimani, Director of Public Relations and Media Liaison at QIC, shared insights into the vision, technological advancements, and future aspirations for the Performing Arts Centre.

  • Secretary Blinken’s Call with Saudi Foreign Minister Prince Faisal bin Farhan Al Saud

    Secretary of State Antony J. Blinken spoke today with Saudi Foreign Minister Prince Faisal bin Farhan Al Saud. The Secretary discussed the vital, ongoing work to prevent regional escalation and finalize a ceasefire agreement between Israel and Hamas. Secretary Blinken thanked the Foreign Minister for Saudi Arabia’s work to facilitate the flow of humanitarian aid into Gaza. The Secretary underscored our shared concerns about Houthi actions, including its seizure earlier this month of the United Nations Office of the High Commissioner for Human Rights in Sana’a.

  • How Does the Jafurah Gas Field Support Saudi Arabia’s Economic Growth?: Video

    Witness the second expansion of the Jafurah unconventional gas field, the largest shale gas field in the Middle East Equipped with cutting-edge technologies, we aim to advance our efforts in contributing to the future of power generation, one that is more efficient

  • Saudi Arabia spends SR3.7 billion to support employment and training during first half of 2024

    Minister of Human Resources and Social Development Eng. Ahmed Al-Rajhi revealed that the Saudi Human Resources Development Fund (HADAF) has spent about SR3.7 billion ($986 million) on programs and products to support employment, training and qualification of Saudis during the first half of this year. More than 100,000 establishments have benefited from these programs and over 153,000 citizens were employed in private sector establishments, he said during the ceremony of launching ‘Jadarat,’ the Unified National Employment Platform on Sunday. “The goal of the platform, under the slogan “Ambition and Empowerment,” is to unify employment efforts and data of job seekers in the public and private sectors, and to raise the quality and reliability of data,” he said.

  • King Salman Charter for Architecture and Urbanism Award Announces 2024 Winners in Saudi Arabia

    The King Salman Charter for Architecture and Urbanism Award has just announced the winners for 2024. Recognizing outstanding achievements in architecture and urbanism in Saudi Arabia, The King Salman Charter for Architecture and Urbanism Award is an initiative designed to celebrate projects that are aligned with the values of the King Salman Charter in Saudi Arabia. This year, since projects were honored with the award from three categories: built projects, unbuilt projects, and student projects.

  • World’s largest solar microgrid rises along Saudi’s Red Sea

    Featuring a 400MW solar PV system coupled with a 1.3GWh energy storage system, the world’s largest photovoltaic-energy storage microgrid is currently being built in Saudi Arabia’s Red Sea Project. Built on the coast of southwestern Tabuk Province, west of the Red Sea, the project covers a planned area of 28,000 square kilometers. Upon completion in 2030, the Red Sea City is expected to have 50 hotels with 8,000 rooms, and more than 1,000 residential properties across 22 islands and six inland sites. It will also cater to up to one million visitors per year, and all of these visitors are set to benefit from off-grid, clean energy.