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  • Saudi Arabia advances to 16th place in World Competitiveness 2024

    Saudi Arabia advanced to the 16th place in the IMD World Competitiveness Ranking 2024, issued by the World Competitiveness Center of the International Institute for Management Development (IMD). According to the report, the Kingdom ranked fourth among the G20 countries, supported by improved business legislation and infrastructure. Thus, the Kingdom achieved an advanced position for the third straight year, compared with the 17th in 2023 and 24th in 2022.

  • Rainfall relieves Muslim pilgrims marking final days of Hajj in extreme heat

    Rainfall above Mecca on Monday relieved Muslim pilgrims, who used the early morning hours to perform the second day of the symbolic stoning of the devil, as noontime summer heat caused heatstroke among thousands wrapping up the Hajj pilgrimage. The final days of the Hajj coincide with Muslims around the world celebrating the Eid al-Adha holiday.

  • World’s Largest Airport Under Construction in Saudi Arabia

    masterplan for the airport was unveiled by the country's sovereign wealth fund, the PIF, in November 2022. Built on the site on the existing King Khalid airport, Riyadh, the new airport will cover an area of around 34 square miles, comprising six parallel runways, residential and recreational facilities, as well as retail outlets.

  • Saudi Arabia Crude Exports Fall to 6 Million Barrels Per Day in April

    Saudi Arabia's crude oil exports fell to 6 million barrels per day from 6.413 million bpd in March, data from the Joint Organizations Data Initiative (JODI) showed on Monday. The decline in Saudi exports comes in line with the OPEC+ agreement to cut production, in order to maintain market stability. OPEC+ has implemented a series of output cuts since late 2022 to support the market amid rising output from the United States and other non-member producers and worries over demand as major economies grapple with high interest rates.

  • Saudi crown prince renews call for immediate halt to attacks in Gaza at annual Hajj reception

    “We urge an immediate halt to this attack, and that the international community take all the measures needed to ensure the protection of lives in Gaza. We also ask that the recent resolutions issued by the UN Security Council regarding an immediate ceasefire in Gaza Strip be heeded,” the crown prince said at the annual reception for officials and dignitaries who were performing Hajj this year.

  • Pilgrims ‘stone the devil’ in early hours to beat the blazing heat

    Muslim pilgrims took part in the symbolic stoning of the devil on Monday in the final ritual of the Hajj, with many doing so in the early hours of the morning to escape the worst of the blazing summer heat. Temperatures hit 48C by 2pm in Makkah and the holy sites in and around the city, the Saudi National Center for Metrology said. “Of course, it is something very hard and tiring. The temperature is abnormal compared to the past years and this affects us a lot,” said Ahmed Al-Baradie, from Egypt.

  • Davis Cup – Thailand, Saudi Arabia and Syria seal promotion from Asia/Oceania III

    Thailand, Saudi Arabia and Syria clinched the three promotion spots available from the Asia/Oceania Group III event contested at the Jordan Tennis Federation in Amman last week. Thailand, who finished top of the event, defeated Saudi Arabia in the 1st and 2nd place play-off, while Syria overcame Vietnam 2-1 in a close-fought 3rd and 4th place play-off.

  • MBS urges international community to recognize independent Palestinian state

    Saudi Arabia’s Crown Prince Mohammed bin Salman called on the international community on Monday to recognize an independent Palestinian state, emphasizing that this step is crucial for achieving peace. “The Kingdom renews its call to the international community to recognize the independent State of Palestine, on the 1967 borders, with East Jerusalem as its capital. This will enable the brotherly Palestinian people to obtain their legitimate rights” and pave the way for “comprehensive, just, and lasting peace,” state news agency SPA quoted the Crown Prince as saying.

  • Saudi Arabia Seeks More Chinese Tourists, Says Saudi Minister Of Tourism

    In an exclusive interview with CGTN, the Saudi Minister of Tourism said that Saudi Arabia will further boost its tourism sector to attract more Chinese tourists to visit, of which he added that the Chinese market is extremely important. He also noted that the Kingdom aims to attract 3 to 4 million Chinese tourists a annually.

  • Saudi Arabia takes the lead in GCC-Central Asia economic collaboration

    In May, Riyadh hosted the GCC Central Asian Investment Forum 2024, a significant event that brought together key figures from the public and private sectors of the Gulf countries and Central Asia. The discussions and panels at the forum highlighted the urgent need for these two regions to collaborate and their potential as ideal partners for broad, long-term cooperation. Notably, Saudi Arabia stands out with the experience, capabilities, and ambitions necessary to lead in establishing a permanent platform for these partnerships to flourish.