RIYADH: Saudi Arabia’s top 10 listed banks saw their earnings surge by 8 percent in the first quarter of 2024, reaching SR18.65 billion ($5 billion) compared to the corresponding period of the previous year. The increase in earnings can be attributed to several factors, including an 11 percent growth in lending and a rising interest…
RIYADH: Saudi Arabia and Norway hosted a meeting on a coordinated approach to the recognition of Palestine in Brussels on Sunday. The meeting discussed the urgent need to end the war in Gaza and take the necessary steps to implement a two-state solution, Saudi Press Agency reported. It was attended by ministers and representatives of…
Faisal bin Saud Al Mejfel says he hopes to strengthen the bilateral bonds between the two brotherly nations Saudi Arabia named a new ambassador to Damascus on Sunday, state media said, more than a year after the two Arab nations resumed ties following a prolonged rift over Syria’s war. The official Saudi Press Agency said…
RIYADH: The Sabya governorate in the Jazan region is a treasure trove of archaeological wonders, each with its own unique story. Among these is the Sabya Archaeological Castle, whose origins date to the early 20th century. The castle, steeped in history, is a must-visit for any archeology enthusiast or researcher. The castle is situated near…
RIYADH: The Saudi Ports Authority said it is ready to provide this year’s pilgrims with a distinguished experience through advanced equipment and high-tech operation systems run by young Saudi men and women skilled in welcoming pilgrims.The authority explained that, during Hajj season, ports are not only limited to receiving pilgrims but will also provide them…
Saudi Foreign Minister Prince Faisal bin Farhan on Thursday spoke to Palestinian Prime Minister and Minister of Foreign Affairs Mohammed Mustafa by telephone, the Kingdom’s Foreign Ministry said. They discussed developments in the West Bank, Gaza Strip and its surrounding areas.
The first group of pilgrims from Uzbekistan, 950 in total, arrived in Makkah on Thursday ahead of Hajj. Several expressed “gratitude to the Kingdom’s government for the services and facilities that have been provided to make their pilgrimage safe and reassuring,” the Saudi Press Agency reported. Meanwhile, the Saudi ambassador to Morocco, Sami Al-Saleh, attended…
Iranian president Ebrahim Raisi was laid to rest on Thursday, concluding days of funeral rites attended by throngs of mourners after his death in a helicopter crash, state media reported.Hundreds of thousands marched in his home town Mashhad to bid farewell to Raisi ahead of his burial following processions in the cities of Tabriz, Qom,…
Saudi Tourism Minister Ahmed Al-Khateeb headed the Kingdom’s delegation at the UN World Tourism Organization’s 50th meeting of the regional committee for the Middle East, on Wednesday in Muscat. During his speech, the Saudi minister stressed the Kingdom’s openness to cooperate with member states to adopt joint regional tourism projects to attract international visitors to…
Prince Faisal bin Farhan, Saudi Arabia’s Foreign Minister, conveyed the condolences of King Salman and Crown Prince Mohammed bin Salman to top Iranian officials in Tehran on Wednesday on the death of President Ebrahim Raisi and his companions. Prince Mansour bin Muteb bin Abdulaziz, Adviser to King Salman and Minister of State, and Prince Faisal…
