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  • Saudi: Over 6.3mln e-transactions processed via Absher in October

    Over 3.8 million transactions were completed via the Absher Individuals platform, including tasks like identity verification, electronic renewals of national ID cards, family registrations, and other related services, the Saudi Press Agency reported. The General Directorate of Passports managed tasks such as issuing exit and re-entry visas, residency permits, electronic passport renewals and issuances.

  • Saudi Startup Riyadh Air Gets Over 2,500 Slots At Riyadh Airport

    Filings by Airport Coordination Limited (ACL), a slot coordinator that manages over 75 airports in the world, have showed that Riyadh Air has received over 2,500 slots at Riyadh King Khalid International Airport (RUH). According to the slot coordinator’s initial coordination report, airlines had requested a total of 97,130 slots at the airport serving the Saudi Arabian capital, with ACL allocating only 38.7% of the newly requested landing and takeoff rights for the upcoming International Air Transport Association (IATA) summer season, which will begin on March 30, 2025. Nevertheless, with its slot portfolio, Riyadh Air became the fourth-largest airline at the airport, with 2% of the total allocated flight movements. SAUDIA, the flag carrier of Saudi Arabia, will have the largest share of movements, 50.9%.  

  • Opinion: Balancing on the Brink – Saudi Arabia’s Delicate Policy

    Although Saudi Arabia has spent years attempting to decrease its reliance on the strait—including through the construction of a 746-mile east-west crude oil pipeline, with a capacity of 5 million barrels per day, to bypass it—Saudi Arabia transports more crude oil and gas condensate through the Strait of Hormuz than any other country, according to tanker tracking data released by Vortexa. About 500,000 barrels per day were transited from Saudi ports in the Persian Gulf to Saudi ports in the Red Sea in 2022.

  • Saudi Arabia, China, Iran meet to advance Beijing Agreement

    The second meeting of the Saudi-Chinese-Iranian Joint Tripartite Committee to follow up on the Beijing Agreement was held in Riyadh on Tuesday, the Saudi Press Agency reported. Saudi Deputy Foreign Minister Waleed bin Abdulkarim Elkhereiji chaired the meeting, with Vice Foreign Minister of China Deng Li and Iran’s Deputy Foreign Minister for Political Affairs Majid Takht Ravanchi present. The Saudi and Iranian representatives reaffirmed their commitment to fully implementing the Beijing Agreement and strengthening neighborly relations through adherence to the UN Charter, the Charter of the Organization of Islamic Cooperation, and international law, emphasizing respect for sovereignty, independence, and security.

  • NDMC closes the November 2024 Issuance under the Saudi Arabian Government SAR-denominated Sukuk Program

    The National Debt Management Center announces the closure of November 2024 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The Total Amount Allocated was set at SAR 3.415Bn (three billion and four hundred and fifteen million Saudi Riyals)

  • Saudi Arabia voices concern over extremist Israeli statements about West Bank sovereignty and settlements

    The Saudi Council of Ministers, chaired by Custodian of the Two Holy Mosques King Salman in Riyadh on Tuesday, reiterated its concern over the extremist Israeli statements about imposing sovereignty over the West Bank, and the construction and expansion of settlements. "These Israeli actions undermine peace efforts, threaten the region's security and stability, and represent a blatant violation of international laws and relevant UN resolutions," the Cabinet said. In a statement to the Saudi Press Agency following the session, Minister of Media Salman Al-Dossary said that the Cabinet strongly condemned the continued targeting of Palestinian civilians and relief and humanitarian agencies by the Israeli occupation forces, and called on the international community to fulfill its responsibilities vis-à-vis the continuous aggression faced by the Palestinian people.

  • Saudi’s SPPC signs PPAs for 9.2GW power projects

    The Saudi Power Procurement Company (SPPC) has signed power purchase agreements (PPAs) for five independent power producer (IPP) projects, including thermal and solar photovoltaic power projects, totalling 9.2GW.  The PPAs were signed with a consortium of Acwa Power, the Saudi Electricity Company (SEC) and the Korea Electric Power Corporation (KEPCO) for Rumah-1. The levelised cost of electricity (LCOE) is 4.5859 cents per kilowatt hour (kWh), while Nairyah-1’s LCOE is 4.6114 cents/kWh.

  • Saudi Arabia unveils designs for 2034 Fifa World Cup stadium: Video

    King Salman Stadium is to host 92,000 fans and will feature an indoor sports hall and an Olympic-sized pool.

  • Saudi foreign minister meets with US Secretary of State at Brazil G20

    Saudi Foreign Minister Prince Faisal bin Farhan met with US Secretary of State Antony Blinken on the sidelines of the G20 Summit in Rio de Janeiro, Brazil. During the meeting, they discussed bilateral relations, developments in the Middle East, and the efforts being made in these regards. The meeting was attended by the Director-General of the Office of the Foreign Minister Abdulrahman Aldawood.

  • Saudi king chairs cabinet meeting for first time since September

    Saudi Arabia's King Salman chaired the weekly cabinet meeting on Tuesday, according to state television, for the first time since Sept. 24.
    The 88-year-old king of the world's biggest oil exporter, a major U.S. ally in the Middle East, recovered in October from lung inflammation after undergoing medical tests. His last cabinet meeting in September came after a royal decree a month earlier allowing the cabinet to convene in the absence of both himself and the prime minister, his son Crown Prince Mohammed bin Salman.