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The Latest Breaking News from Kingdom

‘False solutions’: scepticism over Saudi carbon capture plan

Kingdom’s Cop27 announcement of new storage hub part of pattern of delaying fossil fuel transition, experts say

The Guardian - UK

Ecotourism... A Future Direction for Investment in Saudi Arabia

A Saudi investment forum has highlighted ecotourism as one of the most prominent investment shifts in the Kingdom during the coming period. Prince Faisal bin Mishaal bin Saud, Governor of Qassim region, stressed the importance of overcoming obstacles for investors, pointing to cooperation in this regard with the Commerce Ministry…

Asharq Al-Awsat

Saudi Sports for All Federation Participates in Abu Dhabi Sports Industry Forum

Executive Director of the Saudi Sports for All Federation (SFA) Shaima bint Saleh Al-Husseini participated in the two-day Sports Industry Forum in Abu Dhabi. The Forum was held from November 15-16 with the participation of more than 160 senior business experts in the sports sector. Al-Husseini emphasized the importance of…

Asharq Al-Awsat

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Saudi Crown Prince Discusses ‘Promising’ Investment Opportunities with Heads of Korean Companies

Saudi Crown Prince and Prime Minister Mohammed bin Salman met on Thursday at his residence in the South Korean capital, Seoul, with several heads of Korean companies. The discussions between the two sides focused on the promising opportunities for investments in various fields in the Kingdom, mainly in energy, technology,…

Asharq Al-Awsat

Al-Sheikh: Saudi Arabia is Land of Tolerance, Coexistence

Saudi Minister of Islamic Affairs, Call and Guidance Dr. Abdullatif Al Al-Sheikh said on Thursday that the Kingdom, under the leadership of Custodian of the Two Holy Mosques King Salman bin Abdulaziz, recognizes the importance of calling for peaceful coexistence. He said that Saudi Arabia is distinguished for being a…

Asharq Al-Awsat

Saudi Crown Prince Meets with South Korean President

Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud met on Thursday with South Korean President Yoon Suk-yeol at the presidential headquarters in Seoul. In a statement, the Crown Prince expressed the Kingdom’s desire to continue to consolidate ties with South Korea. “We seek to intensify joint action to…

Asharq Al-Awsat

Saudi Govt Reviews Kingdom’s Participation at Regional, Int’l Events

The Saudi government reviewed on Tuesday the Kingdom’s participation at various regional and international events over the past week. Custodian of the Two Holy Mosques King Salman bin Abdulaziz chaired the cabinet meeting that was held in Riyadh. The ministers underscored the Kingdom’s keenness on bolstering cooperation and coordination at…

Asharq Al-Awsat

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Saudi Crown Prince Holds Talks with UAE President, IMF Managing Director at G20 Summit

Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud, who is leading the Kingdom’s delegation to the G20 Leaders Summit in Bali, met on Tuesday on the sidelines of the event with President of the UAE Sheikh Mohammed bin Zayed Al Nahyan. During the meeting, the leaders exchanged friendly…

Asharq Al-Awsat

Saudi Chief Climate Agreements Negotiator: Saudi Arabia Will Remain ‘Kingdom of Traditional, Renewable Energy’

Saudi Arabia has launched a host of initiatives and creative solutions for the global climate crisis in tandem with the UN’s flagship 2022 climate summit, COP 27.

Asharq Al-Awsat

Saudi Crown Prince Travels to Indonesia to Participate in G20 Summit

Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud traveled on Monday to Indonesia, leading the Kingdom’s delegation to the G20 Leaders Summit in Bali. The Royal Court announced that the Crown Prince traveled upon the directives of Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud.…

Asharq Al-Awsat

Run-Offs Dominate Parliamentary, Municipal Elections in Bahrain

Six candidates including one woman won seats in a first phase of Bahrain’s parliamentary election, while others will compete for the remaining seats in the run-off next week. Bahraini voters had cast their ballots in polling stations across the kingdom on Saturday. As per the electoral rules of Bahrain, a…

Asharq Al-Awsat

Saudi Arabia Strongly Condemns Istanbul Attack

Saudi Arabia strongly condemned an attack that targeted Istanbul’s Istiklal Avenue on Sunday killing and wounding several. “The Kingdom condemns in the strongest terms the terrorist bombing that targeted the Taksim area in central Istanbul, which led to the death and injury of a number of civilians,” the Saudi Foreign…

Asharq Al-Awsat

Saudi Commitment to Building a Green Future

Governor of the Public Investment Fund (PIF) and Chairman of Saudi Aramco Yasir Al Rumayyan said the Middle East Green Initiative (MGI) is a turning point in the environmental efforts, which aim to transition national ambitions into practical steps that affect the entire world. Al Rumayyan underlined the great efforts…

Asharq Al-Awsat

Al Rumayyan: Saudi Arabia Seeks 100 Years of Economic Sustainability

Governor of the Saudi Public Investment Fund Yasir al-Rumayyan said the Kingdom seeks to develop a sustainable economy that can thrive 100 years from now. He underscored Saudi Arabia’s commitment to global climate action and efforts to develop renewable energies. Rumayyan made the remarks during the opening session of the…

Asharq Al-Awsat

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Asharq Al-Awsat

Saudi Arabia to Establish Regional Center for Reducing Emissions

Saudi Energy Minister Prince Abdulaziz bin Salman announced on Saturday three new projects that will further enhance the Kingdom’s national and regional climate action.

Asharq Al-Awsat

The Kingdom Declares Saudi Green Initiative an Annual Event

Saudi Energy Minister Prince Abulaziz bin Salman announced on Friday that the Green Saudi Initiative forum would be an annual event in order to review the implementation of the Kingdom’s climate goals. “Crown Prince Mohammed bin Salman decided to hold the initiative annually; because we are confident in our steps,…

Asharq Al-Awsat

Parliamentary, Municipal Elections Begin in Bahrain

Polling stations opened on Saturday in Bahrain for the parliamentary and municipal elections. Bahrainis who had their names registered to cast their votes in the elections have flocked to the polling stations early on Saturday to exercise their national duty, according to Bahrain's News Agency (BNA). Fifteen general polling stations…

Asharq Al-Awsat

Saudi PIF to Sell 10% Stake in Tadawul Group

Saudi Arabia's Public Investment Fund (PIF) is selling a 10% stake in Saudi Tadawul Group, the owner and operator of the Kingdom's stock exchange, via an accelerated book-build offering, Reuters quoted a regulatory filing on Thursday. PIF, a sovereign wealth fund with over $600 billion in assets, has hired HSBC…

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Asharq Al-Awsat

Saudi Arabia Condemns Attack by Houthis on Qena Port in Shabwa

Saudi Arabia’s Foreign Ministry condemned in a statement on Thursday the targeting of civilian and vital facilities in Yemen a day after the Houthi militias launched a terrorist drone attack on the southern Qena port in Shabwa. The Ministry underscored the Kingdom’s firm stance in support of all what ensures…

Asharq Al-Awsat

A Look at the Saudi Green Transition

As part of Saudi Arabia’s endeavor to build a greener future for all, the Kingdom is following a path that covers many axes, by applying the circular carbon economy model, investing in the green transition, enhancing cooperation and knowledge transfer efforts, and activating partnerships between the public and private sectors.…

Asharq Al-Awsat

Calls for Involving Governments in Protecting Energy Sector against Cybersecurity Threats

While Saudi Arabia’s classification in cybersecurity jumped to second place globally, the Kingdom has accomplished one of its initiatives in empowering women adopted by Crown Prince Mohammed bin Salman at the first edition of the Global Cybersecurity Forum (GCF). Women’s participation in the cybersecurity sector has increased from 7% to…

Asharq Al-Awsat

S. Korea Keen on Investing in Saudi Mega Projects

Saudi Arabia and South Korea are seeking to strengthen investment partnerships, develop infrastructure, and exploit modern technologies in several sectors, including transportation, logistics, smart cities, and housing. A South Korean delegation, comprised of several officials and a group of private investors, is currently visiting the Kingdom. South Korean companies are…

Asharq Al-Awsat

SPARK to Launch Organic Fertilization to Lock Humidity in Saudi Arabia’s Sands

With the launch of the 2022 United Nations Climate Change Conference (COP27) in Sharm El-Sheikh, which will witness the holding of the largest regional gathering in support of the two Saudi initiatives - the Green Middle East and Green Saudi Arabia - the King Salman Energy Park (SPARK) is emerging…

Asharq Al-Awsat

Riyadh Sends Six Ministers, Climate Envoy to SGI Forum in Sharm El-Sheikh

Saudi Arabia has revealed the program and speakers for the second edition of the Saudi Green Initiative (SGI) Forum. Taking place 11 – 12 November 2022 on the sidelines of COP27 in Sharm El Sheikh, the two-day event will convene an elite lineup of climate experts and thought leaders to…

Asharq Al-Awsat

Saudi Embassy in US Participates in 'Cat Walk' Initiative

Saudi Arabia’s embassy in the US participated in the 2nd edition of the global initiative “Cat Walk.” The event is organized by the Catmosphere organization, which is concerned with supporting initiatives to conserve endangered wild cats. This took place in the presence the Saudi ambassador to the US, Princess Reema…

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