Aramco delivers strong performance, with net profits up 6.59% to SR109 billion in 2Q 2024

Saudi Aramco achieved strong performance and positive progress in its long-term growth strategy with its profits increased on a quarterly basis by 6.6 percent, reaching SR109 billion ($29.1 billion) in […]
Saudi Arabia’s King Salman receives written message from Senegal president

Saudi Arabia’s King Salman received a written message from the President of Senegal Bassirou Diomaye Faye, Saudi Press Agency reported on Tuesday. The message related to relations between the two […]
Foreign ministry official meets Indian consul general in Jeddah

Director-General of the Ministry of Foreign Affairs’ branch in Makkah Mazin Hammad Al-Himali met with Indian Consul General Mohammed Shahid Alam in Jeddah on Monday. The meeting was held on […]
Saudi Cabinet approves fundraising law

The Saudi Council of Ministers, chaired by Custodian of the Two Holy Mosques King Salman in Jeddah on Tuesday, approved amendments to some articles of the Labor Law. The Cabinet also endorsed the […]
Qiddiya giga-project set to propel Saudi Arabia’s entertainment sector

The cultural landscape of Saudi Arabia is being enriched as the entertainment sector undergoes significant expansion. The ambitious Saudi Vision 2030, which strives to diversify the economy and increase global […]
Saudi municipalities offer 57 investment opportunities across commercial and residential sectors

Saudi Arabia’s Hail, Qassim, and Asir municipalities have unveiled 57 new investment opportunities across entertainment, sports, commercial, and residential sectors, aimed at boosting economic growth and supporting the private sector. […]
ACWA Power’s net profit surges 35 percent to $274m in H1

Saudi utility giant ACWA Power reported a 35.46 percent increase in net profit for the first half of 2024, reaching SR926.79 million ($246.94 million), compared to the same period last […]
Flash flood kills one in Saudi Arabia’s Jazan

A flash flood from the mountains of southwestern Saudi Arabia swept away part of a bridge in Jazan province, killing one person on Saturday, Al-Ekhbariya reported. The news channel aired […]
Saudi, Korean business ties to grow with official visit

Saudi-Korean trade is set to see a significant boost as a delegation from the Kingdom, led by the minister of commerce, heads to Seoul. Taking place from July 29 to 31, […]
Saudi Arabia seeks stronger ties with Brazil in mining sector

A high-level Saudi delegation continued discussions in Brazil on Sunday to enhance bilateral ties and advance Saudi Arabia’s mining sector. On July 28, Saudi Minister of Industry and Mineral Resources […]