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  • Saudi Arabia to establish independent network to serve industrial and business sectors

    The Communications, Space and Technology Commission (CST) announced that the Global Digital Integrated Solutions Company (Aramco Digital) has qualified to obtain a Specialized Radio Network License in the 450 MHz band after completing the regulatory procedures for the license. The license aims to serve the industrial and business sectors by establishing a dedicated network independent from mobile networks, operating on the latest global wireless technologies.

  • Saudi GDP falls 1.7% in Q1 2024

    Saudi Arabia’s real gross domestic product (GDP) dropped by 1.7% year-on-year (YoY) in the first quarter of 2024, data issued by the General Authority for Statistics (GASTAT) showed.   Oil activities declined by 11.2% during the three-month period, while non-oil and government activities rose by 3.4% and 2% YoY, respectively.   GASTAT earlier announced it adopted the chain-linked methodology in calculating the real GDP and issued the Q4 2023 bulletin based on the new methodology, transitioning from the traditional fixed base-year methodology.

  • Saudi Arabia’s automotive market surges amid shifting consumer preferences

    The Kingdom imported 93,300 cars in 2023, marking a significant increase from the previous year’s 66,900, as revealed by Hamoud Al-Harbi, spokesperson for the Zakat, Tax and Customs Authority. This surge brings the total number of cars imported in 2022 and 2023 to 160,000, with major contributors including Japan, India, South Korea, the US, and Thailand.

  • Saudi Arabia’s private sector workforce surges to 11.3 million

    The number of employees in the Saudi private sector soared to 11.37 million last month, indicating significant job growth, according to an official labour agency.
    The Saudi National Labour Observatory (NLO) reported in a monthly publication that the workforce comprises 9 million expatriates and 2.3 million Saudis, including 971,323 female citizens.

  • PGA Tour reports ‘progress’ without details in meeting with Saudi wealth fund leaders

    The PGA Tour reported progress without details from a face-to-face meeting between its negotiating committee and the Public Investment Fund of Saudi Arabia as it tries to work toward a deal. “We want to get this right, and we are approaching discussions with careful consideration for our players, our fans, our partners and the game's future,” the tour said in a statement released Saturday morning.

  • Saudi minister says no place for ‘political slogans’ during Hajj in apparent Gaza reference

    The Saudi government has reiterated its stance that the annual Islamic pilgrimage of Hajj is strictly a religious event for worship only, rather than a venue for political expression.

    According to multiple reports, Minister Tawfiq Al-Rabia said, "Hajj is for worship, not for any political slogans", adding that the leadership was committed to ensuring the pilgrimage “embodies the highest levels of devotion, tranquillity and spirituality."

    The statement was in response to a journalist who had asked the minister about the rules and punitive measures regarding the display of "political and sectarian slogans".

  • Al-Jubeir leads Saudi delegation at high-level ocean action event in Costa Rica

    The Minister of State for Foreign Affairs, Member of the Cabinet, and Climate Envoy Adel Al-Jubeir, headed Saudi Arabia’s delegation participating in the high-level event on ocean action: Immersed in Change in the Costa Rican capital, San Jose. The event discusses best practices and experiences related to ocean management and highlights the most important topics related to international action for the oceans.

  • How Saudi Arabia is building a sustainable agricultural sector through innovation

    Climate change poses a significant threat to agriculture, with serious implications for food security, livelihoods and access to water. That is why Saudi Arabia is adopting a range of innovative and sustainable farming practices. As summer temperatures become more intense around the world, crop yields are dwindling and water scarcity mounting, raising the specter of food insecurity in some regions and higher prices on domestic and global markets. Agriculture is also a major contributor to greenhouse gas emissions. About 24 percent of human-induced emissions are the result of agriculture, forestry and land use activities, according to the Intergovernmental Panel on Climate Change.

  • How Saudi Arabia Outbound Travel Surging Tourism In 59 Country With Visa Free Access Including Turkey, Egypt, Kazakhstan And Georgia?

    The Saudi Arabian passport continues to enhance its global presence by granting its holders visa-free access to an impressive list of 59 countries and territories. Currently ranked as the 46th most powerful passport globally, it allows Saudi citizens to travel widely and effortlessly. Additionally, Saudis can visit GCC countries such as Bahrain, Kuwait, Oman, Qatar, and the UAE using just their national ID, streamlining travel within the region.

  • Saudi Arabia point of sale spending reaches $14bn in April

    Saudi Arabia’s point of sales spending reached around SR53 billion ($14 billion) in April, registering a 3 percent rise compared to the same month last year, latest data revealed. Figures from the Saudi Central Bank, also known as SAMA, revealed that 30 percent of the POS spending during this period, totaling SR15.83 billion, was allocated to beverages, food, restaurants, and cafes. Another 12 percent, or SR6.51 billion, was spent on miscellaneous goods and services, including personal care, supplies, maintenance, and cleaning, with this category showing the second-highest growth rate of 22.5 percent.