QUOTED

Quoted

“As the largest automotive market in the Middle East and North Africa (MENA) region, Saudi Arabia accounts for almost half of the region’s car sales, with over 600,000 new vehicles registered annually. The market is diverse, with Asian manufacturers such as Toyota and Hyundai leading the passenger car market, while brands like Mercedes-Benz and Audi dominate the luxury segment. Pickup trucks and SUVs remain highly popular, driven by social preferences and the country’s vast road network.” Salma Saleh, Automotive industry in Saudi Arabia- statistics & facts [Statista]

TOP STORY

Riyadh AI Declaration announced

AI, Riyadh Declaration

At the open of the Internet Governance Forum (IGF) 2024, hosted by the United Nations in Riyadh, Saudi Arabia announced the Riyadh Declaration emphasizing inclusive, innovative, and impactful artificial intelligence.  [more]

 

MORE TOP STORYLINES

Taking Saudi Arabia’s World Cup 2034 from ambition to reality

Via Alexey Milovanov in agbi.com: The World Cup is always more than just a series of matches. It’s a global event that transforms nations, driving development in infrastructure, the economy and tourism. For Saudi Arabia it’s also an opportunity to establish itself as a modern, ambitious and open nation. The country has announced plans to build 15 stadiums. And if you think these are just sports venues, think again. Each stadium is envisioned as a future architectural marvel designed to impress the world. But behind this grandeur lies a harsh reality: the kingdom’s limited domestic resources mean it will need to rely heavily on imported materials, technology and expertise – a significant challenge for a country determined to showcase its self-sufficiency.

Saudi Arabia ranks third in global AI policy review, behind US, UK

in arabnews.com: Saudi Arabia has been ranked third globally in the Organization for Economic Co-operation and Development’s AI Policy Observatory, behind the US and the UK.Al-Ghamdi added that the Kingdom’s AI Ethics Early Adopters initiative and the International Center for AI Research and Ethics were vital in enhancing trust in AI products and establishing ethical standards for AI practices and services. He said that ICAIRE, which is based in Riyadh and sponsored by UNESCO, had been selected as a regional and global partner for advancing the AI ethics agenda. Al-Ghamdi added that UNESCO had praised Saudi Arabia’s advances in the AI sector as part of a recent report evaluating countries’ readiness to adopt AI in accordance with ethical values and international standards.

Riyadh meeting highlights role of Saudi missions abroad in achieving strategic goals

in saudigazette.com: The 5th general meeting of the heads of the Saudi missions abroad discussed on Sunday the priorities of Saudi foreign policy and the role of the missions in achieving the Kingdom’s strategic goals.The agenda of the meeting included interactive dialogues and presentations with the aim of discussing and examining the ministry’s strategies and initiatives and exchanging visions on their implementation. This is in addition to activating coordination between the Saudi missions abroad and government agencies, and exchanging views on issues related to their tasks on the external scene in a way that serves the interests of the country and the citizens.

 

MORE ON THE KINGDOM AND BEYOND

In a year, Saudi gifted students get 107 global awards, with over 582,000 students competing nationally.

Saudi Arabia's national teams who competed in international science and academic contests had tremendous success, winning 107 global awards across 25 events held between September...[via mawhiba.org]

 

‘Next Saudi Generation Program’ Launched to Support Saudi Talent in Motorsports

The Saudi Automobile and Motorcycle Federation (SAMF) has launched the Next Saudi Generation Program to support and develop Saudi talent in motorsports. The program, conducted in...[via spa.gov]

 

Iran FM says ties with Saudi Arabia are progressing despite gradual pace

Speaking in an interview with China Media Group (CMG), Araghchi said that the newly restored Iranian-Saudi ties have a lot of potential that haven’t been...[via alarabiya.net]

 

Milan star thanks Saudi fans for inspiring Supercoppa comeback

Milan forward Tammy Abraham has hailed the impact of the support in Riyadh as his side booked their place in the Supercoppa Italiana final. The Englishman...[via yahoo.com]

 

Major Saudi Food Company Exits Iran After 20 Years

The Saudi Arabian group SAVOLA has sold all its assets in Iran for 705 million Saudi riyals (approximately $188 million) and is exiting the country. SAVOLA,...[via iranfocus.com]

 

Cristiano Ronaldo Talks Life In Saudi Arabia, Growth Of Saudi Pro League

Since Ronaldo's arrival in the SPL, the league has grown leaps and bounds. Players like Karim Benzema, Neymar, Riyad Mahrez, Sadio Mane, and...[By Apratim Banerjee via si.com]

 

All 6 lines of Riyadh Metro operational with rollout of Orange Line

The Line 3 (Orange Line) covering Madinah Road would connect the east of Riyadh to its west, and extends from Jeddah Road in the west...[via saudigazette.com]

 

Which sporting events is Saudi Arabia hosting in 2025?

On the back of the busiest sporting year Saudi Arabia has ever had, punctuated by news of the nation’s successful 2034 FIFA...[By Mark Lomas via alarabiya.net]

 

US approves possible sale of torpedoes to Saudi Arabia: Pentagon

The State Department approves the possible sale of 20 MK 54 MOD 0 Lightweight Torpedoes to Saudi Arabia for $78.5 million, according...[via alarabiya.net]

 

Saudi Arabia Affirms Readiness To Participate In Syria’s Renaissance

Prince Faisal reiterated the Kingdom’s commitment to supporting Syria’s sovereignty, independence, and territorial integrity while emphasizing efforts to achieve security, stability, and prosperity for the...[via eurasiareview.com]

 

Saudi Arabia revises fees for seven services, including visa and Iqama renewals

The Saudi Ministry of Interior’s Absher Business platform has introduced updated fees for seven services offered to establishments, according to Okaz newspaper. Among the changes,...[via gulfnews.com]

 

Climate-driven sea level rise will overwhelm major oil ports, study shows

Rising sea levels driven by the climate crisis will overwhelm many of the world’s biggest oil ports, analysis indicates. Thirteen of the ports with the...[By Damian Carrington via theguardian.com]

 

Saudi Arabia embraces mortgage-backed securities

Saudi officials have signed a preliminary deal this week to issue residential mortgage-backed securities, a first for the Gulf. The Saudi Real Estate Refinance Company (SRC),...[By Valentina Pasquali via agbi.com]

 

Anti-corruption squad arrests Saudi government employees

Government employees were among 145 people arrested in Saudi Arabia over corruption charges last month. The country’s Oversight and Anti-Corruption Authority (Nazaha) conducted 1,462 “oversight visits”...[By Gavin Gibbon via agbi.com]

 

South African-built cars dominate the Dakar Rally in Saudi Arabia: Video

South Africa’s strong legacy at the Dakar Rally continues in 2025, with more than half of the vehicles at the event in Saudi Arabia being...[via youtube.com]

 

Saudi wages rise 45% as unemployment hits historic low of 3.3% in 2024

Wages for Saudis in the private sector rose by 45 per cent in 2024, as Saudi Arabia’s Ministry of Human Resources and Social Development...[By Khitam Al Amir via gulfnews.com]

 

The unique destructiveness of Israel’s war on Gaza

The death toll in Gaza has been the source of uncertainty, speculation and heated debate. Since Israel unleashed its war machine on the territory from...[By Ishaan Tharoor via washingtonpost.com]

 

Turkey’s inroads in Syria fuel accusations of ‘neo-Ottomanism’

The downfall of Iran’s longtime ally Bashar Al-Assad in Syria has put the spotlight on Iranian-Turkish rivalry in the region. Some commentators in Iran accuse...[via amwaj.media]

 

The ‘race is on’ to set up bitcoin national reserves

The concept of national bitcoin reserves is moving from theoretical discussion to geopolitical reality. A member of Russia’s parliament has called on its central bank to...[By Carla Sertin via agbi.com]

 
 

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