Share of non-oil activities in Saudi Arabia’s GDP to surge by 2030: S&P Global

RIYADH: Saudi Arabia’s non-oil gross domestic product is projected to grow by up to 6 percentage points by the end of the decade, driven by the Vision 2030 initiatives, according to S&P Global. The international rating agency said over the past decade, the non-oil economy, with a focus on boosting consumer spending in tourism and…

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Saudi Arabia strongly condemns intrusion by Netanyahu into Palestinian Jordan Valley

JEDDAH: The Saudi Ministry of Foreign Affairs strongly condemned what it described as a blatant Israeli intrusion by Israeli Prime Minister Benjamin Netanyahu into a Palestinian-controlled area of the Jordan Valley. It said the incident was a provocative action carried out with the aim of expanding Israeli settlement activity that violates international law and resolutions…

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Saudi FM participates in Arab League meeting in Cairo

RIYADH: Saudi Foreign Minister Prince Faisal bin Farhan participated in an Arab League foreign ministers meeting in Cairo on Tuesday. During the meeting, ministers discussed joint Arab action to intensify coordination on the Palestinian issue and other matters of concern.  Regional and international developments were also discussed at the meeting that was attended by a…

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Oman condemns Israeli bombing in Syria

Muscat: The Sultanate of Oman’s Foreign Ministry has expressed its strong condemnation and denunciation of the Israeli bombing that targeted the Masyaf area in Hama Governorate and claimed the lives of dozens of Syrians. The Sultanate of Oman recalls the need for the international community to put a definitive end to these aggressive practices by Israel,…

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Mubadala Abu Dhabi Open set for third edition in early 2025

ABU DHABI: The Mubadala Abu Dhabi Open is set to return for the third time in 2025 after its successful second edition earlier this year. The Women’s Tennis Association and International Management Group have announced that the tournament will take center stage at the International Tennis Centre, Zayed Sports City, from Feb. 1-8. Secretary-General of…

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National Cultural Awards winners honored in Riyadh

RIYADH: Saudi Arabia’s Minister of Culture Prince Badr bin Abdullah honored the Winners of the Fourth National Cultural Awards in Riyadh Monday evening. The event, which was held under the patronage of Crown Prince Mohammed bin Salman, saw the creation of two new awards for cultural media and handicrafts. Cultural Pioneer Award went to Dr….

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New shipping service to boost trade between Saudi Arabia and India

JEDDAH: A new shipping route connecting Jeddah to India’s major commercial hubs has been launched by a subsidiary of Saudi Arabia’s Public Investment Fund.   Folk Maritime Services Co., which specializes in regular liner and feeder services, will connect Jeddah Islamic Port on the Red Sea with the Asian country’s maritime hubs of Mundra and Nhava…

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GCC strengthens ties with Russia, India, Brazil at Riyadh summit

RIYADH: The 161st Ministerial Council meeting of the Gulf Cooperation Council, chaired by Qatari Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman Al-Thani and attended by GCC ministers of foreign affairs, was held in Riyadh on Monday. On the sidelines of the meeting, the GCC held three separate ministerial meetings with Russia, India…

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