Saudi Shoura Council members meet Uzbekistan Senate head.

A delegation from the Saudi-Uzbek Parliamentary Friendship Committee in the Shoura Council, headed by council member and committee chairman, Mohammed bin Abdulaziz Al-Jarbaa, met the head of the Uzbek Senate, Tanzila Narbaeva, in Tashkent. Narbaeva welcomed the delegation, who are on an official visit to Uzbekistan, and stressed the keen interest of both countries’ leaders…

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Saudi foreign minister arrives in Madrid for meeting of European Council on Foreign Relations.

Saudi Arabia’s foreign minister, Prince Faisal bin Farhan, arrived in Madrid on Wednesday ahead of the annual meeting of the European Council on Foreign Relations, which will take place on Thursday and Friday.He will discuss with the members of the council the latest regional and international developments, sources said, in particular the situation in the…

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Head of Saudi aid agency KSrelief tours projects helping earthquake victims in Turkiye.

The supervisor general of Saudi aid agency KSrelief, Abdullah Al-Rabeeah, on Tuesday visited the cities of Reyhanli and Kirikhan in Turkiye’s Hatay Province to inspect the work of volunteers taking part in the agency’s programs to help people affected by the earthquakes that hit parts of Turkiye and Syria in February last year. Al-Rabeeah and…

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Saudi Arabia’s Etidal, Telegram remove 18 million extremist content items.

Joint efforts between the Global Center for Combating Extremist Ideology, also known as Etidal, and Telegram in combating extremist content led to the removal of 18 million items of extremist content and the closure of 660 extremist channels during the second quarter of 2024. A press release said that the joint teams continued to monitor…

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Diriyah Company brings Saudi heritage to Harrods in London with $63bn development showcase.

Diriyah Company is bringing a taste of Saudi culture and heritage to upmarket London department store Harrods this month, in the form of an exclusive pop-up exhibition highlighting the $63 billion mega-development project underway in Diriyah, the historic birthplace of the Kingdom. The immersive experience, which opened on Monday and continues until July 26, aims…

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PIF’s revenue soars 100% to $88.3bn, latest figures show.

Saudi Arabia’s sovereign wealth fund has reported strong financial results for 2023, achieving revenues of SR331 billion ($88.3 billion) from its diverse investment portfolio, marking over 100% percent growth from 2022. Demonstrating robust returns and significant progress toward its long-term objectives, the Public Investment Fund has released its consolidated financial statements for the year ending…

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ACWA Power secures $373m financing for Tashkent’s Riverside Power Plant.

 Saudi energy giant ACWA Power Co. has signed financing deals worth SR1.4 billion ($373.1 million) for Tashkent’s Riverside power plant in Uzbekistan, according to a statement on Tadawul. The facility aims to generate 200 megawatts of solar photovoltaic energy and store 500 MW per hour using batteries, with a total cost of SR2 billion. The financing agreements were signed by ACWA Power…

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Saudi energy minister announces discovery of seven oil, gas deposits.

Saudi Arabia’s energy minister announced the discovery of seven oil and gas deposits in the Kingdom’s Eastern Province and Empty Quarter, Saudi Press Agency reported on Monday. Prince Abdulaziz bin Salman said Saudi Aramco had discovered “two unconventional oil fields, a reservoir of light Arabian oil, two natural gas fields, and two natural gas reservoirs,”…

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