RIYADH: Saudi Arabia’s official reserve assets reached SR1.76 trillion ($469.83 billion) in August, the highest in 21 months and a 10 percent increase year-on-year, according to recent data. Figures released by the Saudi Central Bank, known as SAMA, show these holdings include monetary gold, special drawing rights, the International Monetary Fund’s reserve position, and foreign…
RIYADH: Volunteers from the Kingdom’s aid agency KSrelief have provided training for earthquake victims in Hatay province, Turkiye, the Saudi Press Agency reported on Friday. The third and fourth volunteer training programs were for members of the Syria and Turkiye communities. The training for 91 people took place between Sept. 29 and Oct. 4, with…
RIYADH: Iran’s President Masoud Pezeshkian received on Wednesday in the Qatari capital Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan, the Saudi Press Agency said. The pair discussed the latest regional and international developments. Senior Saudi and Iranian officials attended the meeting.
RIYADH: Publishers are seeing a growing demand from readers in Saudi Arabia for Chinese literature as the two nations continue to strengthen cultural and political ties. The Riyadh International Book Fair, which opened on Thursday, serves as a vital platform for connecting Saudi Arabia with the global community. The event emphasizes the importance of translating…
RIYADH: Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan discussed developments in Lebanon with his French and Lebanese counterparts in phone calls on Monday. In a phone call with Lebanese Foreign Minister Abdallah Bou Habib, Prince Faisal stressed the Kingdom’s support for Lebanon’s security and stability. During a separate phone call, French Foreign Minister Jean-Noel…
RIYADH: The first female Arab astronaut has had her pioneering spaceflight recognized by Guinness World Records, the organization announced on Monday. Saudi Rayyanah Barnawi was part of the Axiom Mission 2 that launched from Cape Canaveral in Florida on May 21, 2023. She was accompanied by fellow Saudi Ali Al-Qarni aboard a craft bound for…
Saudi Minister of Foreign Affairs Prince Faisal bin Farhan met with UN Special Envoy for Syria, Geir Pedersen, on the sidelines of the 79th United Nations General Assembly in New York. The two discussed cooperation between Saudi Arabia and the UN on the Syrian issue, the efforts of the Arab Ministerial Liaison Committee, and regional…
RIYADH: Visitors to the King Fahd National Library pavilion at the 2024 Riyadh International Book Fair have been captivated by a collection of six rare historical manuscripts. Among the treasures on display is an Arabic Qur’an manuscript dating back to 1009 AH featuring Persian interpretations in the margins, reported the Saudi Press Agency. Other highlights…
Baku: The Sultanate of Oman, represented by Oman Chamber of Commerce and Industry (OCCI), took part today in the 2nd edition of the GCC-Azerbaijan Economic Forum, held in Baku, the Republic of Azerbaijan. The forum is themed “Sustainability, Investments, Partnerships”. It is organized by the Federation of GCC Chambers, in cooperation with the Export and Investment…
RIYADH: Consumers in Saudi Arabia spent SR247.2 million ($65.8 million) on electronics from Sept. 15 to 21, reflecting an 18.3 percent rise compared to the previous week, according to central bank data. The weekly point-of-sale bulletin released by SAMA revealed that spending in the hotels sector also rose, reaching SR292.4 million, marking an 18.2 percent weekly…
