The move will allow foreigners to invest in firms whose revenues rely on the Islamic pilgrimage, one of the top revenue sources for the oil-rich kingdom. Saudi Arabia’s market regulator said on Monday it would allow foreign investment in listed companies that own real estate within Islam’s two holiest sites of Mecca and Medina, as […]
Read MoreSaudi Crown Prince Mohammed bin Salman called and congratulated the new US President Donald Trump. In the phone call, the Saudi Crown Prince told Trump that Saudi Arabia would greatly increase its investment in the United States in the future. The British media outlet BBC reported this information in a report on Thursday (January 23). […]
Read MoreSaudi Foreign Minister Prince Faisal bin Farhan Al-Saud said at the World Economic Forum in Davos, Switzerland, that it is very important to avoid a possible war between Iran and Israel. Everyone must take initiatives to prevent such a conflict to maintain stability in the Middle East. The Dawn reported this in a report on […]
Read MoreSaudi Arabian Crown Prince Mohammed bin Salman told President Donald Trump that the kingdom wants to put $600 billion into expanded investment and trade with the United States over the next four years, the Saudi State news agency said early on Thursday. In a phone call between the two leaders, the crown prince said the […]
Read MoreSaudi Foreign Minister Prince Faisal bin Farhan on Sunday called for the lifting of sanctions on Syria, saying maintaining them could hinder the country’s development. Prince Faisal said unilateral and international sanctions against Syria should be lifted, as maintaining them would hinder the brotherly Syrian people’s aspirations for development. The top diplomat made the remarks […]
Read MoreThe Saudi Arabian government has proposed new policies for labor recruitment agencies. The country’s Ministry of Human Resources has taken this initiative to make the labor market more attractive and competitive. Public opinion has been invited on the proposal. The United Arab Emirates media outlet Gulf News reported on Saturday that large human resources agencies […]
Read MoreThe desert country of Saudi Arabia has experienced unprecedented rains and severe flooding. As a result, roads and residential areas in several cities in the country have been severely damaged. According to the Saudi Meteorological Department, this low-pressure area is expected to continue for several more days. At the same time, the National Meteorological Center […]
Read MoreSaudi Arabia has decided to increase fees for seven services, including visas and iqama. This information was given through Absar, a business platform under the country’s Ministry of Interior. According to Gulf News, the visa fee for entry and exit to Saudi Arabia has been set at 103.5 riyals. And the fee for residence permit […]
Read MoreSyrian Foreign Minister Hassan al-Sheibani said Saudi Arabia has confirmed its support for Syria’s reconstruction, unity and territorial integrity. He made the remarks on Friday after a Syrian delegation visited Riyadh. The Saudi Gazette reported on Friday (January 3). In a post shared on social media, al-Sheibani expressed gratitude to Saudi Arabia for the warm […]
Read MoreIran has strongly protested the execution of six Iranians convicted in Saudi Arabia in a drug trafficking case. The government of Masoud Pezeshkian has summoned the Saudi ambassador to Tehran over the incident. Press TV reported this in a report on Wednesday (January 1). Karimi Shasati, director general of the Consular Affairs Office of the […]
Read More
