Middle East

Saudi Gazette report RIYADH — Investments in the Saudi industrial sector jumped 54 percent, hitting SR 1.5 trillion this year from SR 992 billion in 2019, thanks to the state’s waiver of fees for expatriate workers in the industrial sector. This was revealed in the report released by the economic-affairs …

Saudi Gazette report LONDON — The Saudi Fashion Commission has released the State of Fashion Sector in Saudi Arabia 2024, an annual report published by the Commission to provide key industry insights and data on the growing Saudi fashion industry. The latest edition of the annual report was unveiled to …

Saudi Gazette report JEDDAH — The Historic Jeddah Program, affiliated with the Ministry of Culture, has reviewed many archaeological discoveries that were found in the area during an excavation campaign, most notably wooden pieces from the two masts of mihrab of the Uthman bin Affan Mosque. The findings date back …

RIYADH — Saudi Justice Minister Walid Al-Samaani has praised the leadership of Saudi Arabia following its remarkable progress in the 2024 UN E-Government Development Index, positioning the Kingdom among the top global performers. Al-Samaani remarked, “We take great pride in the Ministry of Justice’s role in the Kingdom’s advancement by …

Saudi Gazette report RIYADH — Tadawul All Share Index (TASI), the Saudi Stock Exchange main index, recorded a big increase of 159.53 points (1.34 percent) to close at 12,080.47 on Thursday. The total trading turnover of the benchmark index was SR9.47 billion, as 152 of the stocks gained while 73 …

Saudi Gazette report RIYADH — Saudi Arabia has been placed 14th globally and first in the Arab world in the Global Artificial Intelligence Index approved by the United Nations, represented by the Advisory Board for Artificial Intelligence. This ranking, out of 83 countries in the world, confirms that Saudi Arabia …

Saudi Gazette report RIYADH — The Saudi Pro League (SPL) was ranked the top domestic league in the Asian Football Confederation (AFC) competitions for 2024. The SPL’s international presence continues to grow, with TV viewership surpassing 200 million, and broadcasts of three matches per week reaching an average of 160 …

Saudi Gazette report JEDDAH — The Border Guard search and rescue teams in Jeddah Governorate rescued two citizens from drowning while they were swimming. The individuals were given immediate assistance and first aid on site. The General Directorate of Border Guard has urged vacationers to exercise caution and follow marine …

Saudi Gazette report RIYADH — Italian coach Stefano Pioli, the newly appointed head coach of Al-Nassr, shared his thoughts after watching all of the club’s matches this season. He emphasized that the upcoming games will reveal the team’s strengths and areas for improvement. Speaking at a press conference alongside the …

Saudi Gazette report RIYADH — Saudi Arabia has increased its holdings of US Treasury bills and bonds by $2.4 billion (1.7 percent) reaching $142.7 billion during July 2024, and this was in anticipation of a US interest rate cut announced on Wednesday. This is also to benefit from the attractive …