RIYADH — The Ministry of Investment revealed that foreign investors are allowed to own and sell real estate for the purpose of carrying out their investment activities. The ministry cited some conditions for foreign investors to obtain permission to (...)
RIYADH — The Saudi Exchange suspended trading for seven companies on Thursday after they missed the deadline to release their financial statements for the year ending Dec. 31, 2024.
The companies affected include Saudi Industrial Development Co., (...)
RIYADH — Saudi Arabia, Russia and six other OPEC+ countries, agreed on Thursday to boost oil supply in May 2025. The OPEC+ countries, which also include Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman, agreed to raise (...)
RIYADH — Fifteen Saudi business leaders found a place on the annual World's Billionaires list, released by Forbes magazine. The number of Saudi billionaires listed on Forbes rose from 10 in 2017 to 15 in 2025 when this year marked Saudi Arabia's (...)
RIYADH — The Ministry of Commerce announced that the new Law of Commercial Registration and the Law of Trade Names, along with their executive regulations, came into effect on Thursday, April 3. The Council of Ministers approved the two laws during (...)
RIYADH — The General Directorate of Civil Defense urged people across Saudi Arabia to exercise caution and vigil amid forecasts of thunderstorms and heavy rains that are expected to continue until Monday.
Saudi citizens and expatriates are advised (...)
RIYADH — The Ministry of Foreign Affairs expressed Saudi Arabia's welcome of the trilateral treaty signed between Tajikistan, the Kyrgyz Republic, and Uzbekistan regarding the definition of their border junction.
The Kingdom also praised the signing (...)
RIYADH — The Saudi Table Tennis Federation has signed Swedish coach and former world champion Jörgen Persson to lead the Kingdom's national teams, marking a significant step in the development of the sport in Saudi Arabia.
The signing was announced (...)
RIYADH — Saudi Arabia has strongly condemned the recent Israeli actions in Jerusalem and Gaza, denouncing what it described as blatant violations of international law and humanitarian norms.
In an official statement released on Tuesday, the Kingdom (...)
RIYADH — The National Center for Security Operations announced that unified emergency number 911 centers across Riyadh, Makkah, and the Eastern Province received a total of 2,879,325 calls during March 2025.
The calls were managed as part of the (...)
RIYADH — Saudi Arabia recorded its highest-ever annual travel surplus in 2024, reaching SR49.8 billion in the balance of payments, according to data from the Saudi Central Bank.
The surplus surpassed the previous record of SR46 billion in 2023, (...)
Russia and Ukraine on Tuesday accused each other of violating a US-brokered agreement to halt strikes on energy infrastructure, as both sides reported new attacks on critical facilities.
The Russian Defense Ministry said Ukraine carried out two (...)
RIYADH — The General Directorate of Civil Defense has issued a public advisory urging citizens and residents to exercise caution around swimming pools at homes and public venues, particularly to prevent accidents involving children and individuals (...)
RIYADH — Saudi Arabia is studying the implementation of a cap on residential and commercial rent increases to tackle soaring prices, the CEO of The Real Estate General Authority (REGA), Abdullah Al-Hammad, confirmed on Tuesday.
Speaking to Al (...)
WASHINGTON — U.S. President Donald Trump is expected to visit Saudi Arabia in mid-May on what would be his first foreign trip since returning to the White House, according to a report by Axios citing two American officials and a source familiar with (...)
RIYADH — Passengers in Saudi Arabia are entitled to a free ride if a taxi driver fails to activate the fare meter, according to the Transport General Authority (TGA).
The TGA emphasized that all taxi drivers must turn on the meter at the start of (...)
RIYADH — The Ministry of Municipalities and Housing announced the precautionary closure of two food factories and several branches of a food company following reports of suspected food poisoning cases.
In a statement on Sunday, the ministry (...)
RIYADH — Saudi Arabia on Sunday welcomed the announcement of the formation of a new government in Syria, expressing hope that it will fulfill the aspirations of the Syrian people.
In a statement, the Ministry of Foreign Affairs said the Kingdom (...)
Ukrainian President Volodymyr Zelenskyy has called for a "serious" and "urgent" response from Western nations following a wave of Russian drone attacks that killed at least two people and injured 35 others in the northeastern city of Kharkiv.
In a (...)
RIYADH — The Ministry of Education has announced the formation of more than 425 community partnerships, generating an estimated economic impact of over SR653 million, as part of its expanding commitment to social responsibility and volunteer (...)
RIYADH — The Ministry of Tourism conducted a comprehensive survey of all closed tourism facilities to ensure that official closure orders remain in effect.
The ministry confirmed it is continuing to enforce legal penalties on establishments found in (...)
RIYADH — The Communications, Space, and Technology Commission (CST) has announced record data consumption and improved mobile network performance in the holy cities of Makkah and Madinah during the days of Ramadan 1446H.
According to CST's latest (...)
RIYADH — Saudi Arabia's sweets and chocolate market is witnessing a notable uptick in activity in the lead-up to Eid Al-Fitr, as consumer demand for a wide variety of festive treats continues to grow.
Local and imported products are in high demand, (...)
RIYADH — As observatories across Saudi Arabia prepare to sight the Shawwal crescent moon, experts say conditions may allow for the moon to be seen on Saturday evening, marking the potential end of Ramadan.
Renowned moon-sighter Abdullah Al-Khudairi (...)
