Saudi GDP grows 2.8% in Q3 amid strong non-oil expansion: GASTAT 

RIYADH: Saudi Arabia’s real gross domestic product rose by 2.8 percent in the third quarter of this year compared to the same period in 2023, driven by an increase in non-oil activities, official data showed.   According to the General Authority for Statistics, the Kingdom’s non-oil sector expanded by 4.2 percent year on year in…

Read More

Thousands of volunteers join Madinah’s green future drive

MADINAH: Ayman bin Mohammed Al-Sayed, director general of the environment, water and agriculture branch in Madinah, has launched the “2024 National Planting Season” in the city. The program extends the ministry’s nationwide campaign “We Plant for Our Future,” supporting sustainable environmental development and vegetation growth as part of the Saudi Green Initiative. The regional campaign…

Read More

Iran moves to triple military budget amid Israel tensions.

Iran’s government has proposed to triple its military budget, its spokeswoman said Tuesday, as tensions with arch-rival Israel rise following recent tit-for-tat missile strikes.Government spokeswoman Fatemeh MoHajjerani outlined the move that would see “a significant increase of more than 200 percent in the country’s military budget” at a news conference in Tehran.She did not elaborate…

Read More

Africa’s economic vitality is key to global stability, says Saudi minister 

RIYADH: Africa’s economic vitality has a profound impact on global stability, Saudi Arabia’s Minister of Investment Khalid bin Abdulaziz Al-Falih emphasized during a forum ahead of the Future Investment Initiative event.  Speaking at the FII New Africa Summit in Riyadh, global leaders gathered to discuss the opportunities and challenges facing the continent under the event’s theme, “Infinite Horizons: Investing…

Read More

Mixed martial arts is ‘the sport of our era’ in the Kingdom and beyond

RIYADH: When Francis Ngannou said Saudi Arabia felt like “family” after his historic Professional Fighters League’s “Battle of the Giants” victory over Renan Ferreira in Riyadh recently, it made me feel very proud. I was proud that one of the greatest fighters in our sport has such love for this country, which is certainly reciprocated….

Read More

Saudi, Iranian foreign ministers discuss need to avoid destabilizing region

RIYADH: Saudi Foreign Minister Prince Faisal bin Farhan and his Iranian counterpart discussed the importance of avoiding anything that could destabilize the security and stability of the region on Monday. During a phone call with Abbas Araghchi, Prince Faisal discussed the latest developments in the region and the repercussions of an escalation. The two ministers…

Read More

UN climate chief calls for more ambitious plans to prevent climate change

RIYADH: Even if the national climate plans of countries worldwide are successful, carbon emission levels will cause catastrophic effects by 2030, according to the UN’s climate chief. Current plans would result in emissions of 51.5 gigatonnes of CO2 equivalent by 2030 — only a 2.6 percent reduction on 2019 levels. These emissions would lead to…

Read More
Translate »