Monday December 08, 2025 / 17 , Jumada al-akhirah , 1447
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The rapid growth in the banking sector’s assets reflects the strength of the Kingdom’s financial performance and the continued economic momentum generated by the Saudi Vision 2030 projects and the expansion of financing and investment activities.
Saudi banking assets hit record high at SR4.94 trillion
Okaz/Saudi GazetteRIYADH — Commercial banks in Saudi Arabia recorded a historic surge in their assets by the end of October, nearing the SR5 trillion mark more than ever before. According to a recent government report, seen by Okaz newspaper, total banking assets reached approximately SR4.94 trillion. The rapid growth in the banking sector’s assets reflects the strength of the Kingdom’s financial performance and the continued economic momentum generated by the Saudi Vision 2030 projects and the expansion of financing and investment activities. The report revealed that cash classified as "private sector liabilities" topped the list of banking assets, reaching SR3.14 trillion, the highest among all categories. This reflects increased lending and financing activity directed towards...
December 07, 2025

Saudi banking assets hit record high at SR4.94 trillion

Prince Abdulaziz bin Saud
Interior minister approves new strategy of the Supreme Authority for Industrial Security
Saudi Gazette reportRIYADH — Minister of Interior and Chairman of the Board of the Supreme Authority for Industrial Security Prince Abdulaziz bin Saud bin Naif has approved the authority's new strategy, which aims to strengthen the regulatory and legislative environment in the fields of industrial security. The strategy also targets building an investment-attractive and expertise-localizing system based on effective strategic partnerships.The strategy contributes to fostering a culture of security and safety at the national level and includes a set of qualitative initiatives aimed at raising safety and sustainability levels in facilities under the authority's supervision.It comprises more than 20 qualitative initiatives, including empowering non-profit organizations operating...
December 07, 2025

Interior minister approves new strategy of the Supreme Authority for Industrial Security

The arrests were made during the raids, carried out by the inspection teams of the Transport General Authority (TGA) across various regions of the Kingdom.
1,278 people arrested for operating illegal ride last week
Saudi Gazette reportRIYADH — A total of 1,278 people were arrested for involving in illegal transportation during the last week between Saturday and Friday. The arrests were made during the raids, carried out by the inspection teams of the Transport General Authority (TGA), in cooperation with other government agencies, across various regions of the Kingdom. These people were caught for operating passenger transport services without a license. The TGA said that the inspection teams apprehended 586 violators who were calling out for passengers for a ride using their private vehicles without a license, and 692 violators were caught while they were transporting passengers in their private vehicles in an unauthorized manner. The inspection campaigns, which are part of the authority's...
December 07, 2025

1,278 people arrested for operating illegal ride last week

The Gulf states have decided to impose definitive anti-dumping duties on imports of automotive batteries originating in or exported from China and Malaysia.
GCC imposes anti-dumping duties on automotive batteries from China, Malaysia
Saudi Gazette reportRIYADH — The Gulf states have decided to impose definitive anti-dumping duties on imports of automotive batteries originating in or exported from China and Malaysia. The ministerial committee composed of the industry ministers of the Gulf Cooperation Council (GCC) states has approved the recommendation issued by the GCC Standing Committee for Combating Harmful Practices in International Trade in this regard.Director General of the Technical Secretariat for Combating Harmful Practices in International Trade at the GCC General Secretariat Mahfouz bin Nasser Al-Ruqadi said that the decision was based on the findings of the investigation conducted by the Technical Secretariat in its capacity as the investigating authority representing the GCC states. The measure applies...
December 07, 2025

GCC imposes anti-dumping duties on automotive batteries from China, Malaysia

The National Center for Meteorology called on the people to follow weather reports and warnings through its website, the Anwaa app, and its official social media accounts.
Civil Defense warns of caution amid NCM forecast of heavy rain in Jeddah and other governorates of Makkah
Saudi Gazette reportJEDDAH — The National Center for Meteorology(NCM) has warned of moderate to heavy rainfall in several governorates of the Makkah region, including Jeddah, Al-Kamil, Adham, Rabigh, Khulais, and Bahrah, from Monday until Wednesday.According to a detailed weather map released on Saturday by NCM, the Makkah region would be among the most affected, with moderate to heavy rain capable of causing flash floods, hail, and dust-raising downdraft winds. The Civil Defense urged the public to take precautions and adhere to its instructions. Thunderstorms of varying intensity struck Haql governorate in the Tabuk region on Saturday, affecting several towns and villages including: Al-Durra border crossing, Wadi Mabrak, Al-Zaytah, Ras Al-Zaytah, Al-Kharj, Al-Wadi Al-Abyad,...
December 07, 2025

Civil Defense warns of caution amid NCM forecast of heavy rain in Jeddah and other governorates of Makkah

The results of the survey, which was released by the General Authority for Statistics (GASTAT) on Sunday, revealed that 30.9 percent of adults aged 15 and above have accessed their electronic medical records online.
95.7% of adults in Saudi Arabia enjoy healthcare benefits
Saudi Gazette reportRIYADH — About 95.7 percent of adults in Saudi Arabia are enjoying coverage for their basic healthcare expenses, according to the 2025 National Health Survey. These coverages include governmental, represented by the Ministry of Health, other governmental coverage such as university and military hospitals, apart from private health insurance. This percentage reached 98.3 percent as far as children under 15 years of age are concerned. The results of the survey, which was released by the General Authority for Statistics (GASTAT) on Sunday, revealed that 30.9 percent of adults aged 15 and above have accessed their electronic medical records online. The average number of visits to a healthcare provider over the past 12 months for adults was three, while the average for...
December 07, 2025

95.7% of adults in Saudi Arabia enjoy healthcare benefits

During the period measured by the Global AI Index, Saudi Arabia launched a wide range of national initiatives led by the Saudi Data and Artificial Intelligence Authority
Saudi Arabia ranks 5th globally, first in Arab world in AI sector growth
Saudi Gazette reportRIYADH — Saudi Arabia ranked fifth globally and first in the Arab world in artificial intelligence sector growth, according to the Global AI Index. This marks a national achievement that builds on the Kingdom’s steady progress in artificial intelligence and reflects the effectiveness of its development plans and its ability to achieve high international competitiveness under Saudi Vision 2030. During the period measured by the Global AI Index, Saudi Arabia launched a wide range of national initiatives led by the Saudi Data and Artificial Intelligence Authority (SDAIA). These initiatives strengthened Saudi Arabia’s position on the index.They included several projects, notably the Rowad Package initiative, which supports entrepreneurs and startups by enabling them...
December 07, 2025

Saudi Arabia ranks 5th globally, first in Arab world in AI sector growth

Three Saudi cities join UNESCO’s Global Network of Learning Cities
Saudi Gazette reportPARIS — Three Saudi cities — Riyadh, AlUla and Riyadh Al-Khabra — have been added to UNESCO’s Global Network of Learning Cities, marking a major milestone in the Kingdom’s efforts to advance lifelong learning and align its education system with global sustainable development goals. UNESCO’s 2025 update confirms the cities’ admission after they met international standards for integrating learning into daily life across schools, workplaces, public spaces and homes. The organization described them as dynamic environments that expand opportunities for workforce reskilling and upskilling, improve literacy for those who missed early formal education, prepare communities for an AI-driven future and nurture entrepreneurial culture. With these additions, the number...
December 07, 2025

Three Saudi cities join UNESCO’s Global Network of Learning Cities

Prince Faisal bin Farhan
Saudi FM, ICRC Chief discuss humanitarian cooperation in phone call
Saudi Gazette reportRIYADH — Saudi Minister of Foreign Affairs Prince Faisal bin Farhan received on Sunday a phone call from President of the International Committee of the Red Cross (ICRC) Mirjana Spoljaric Egger.During the call, they discussed ongoing cooperation between Saudi Arabia and ICRC in humanitarian and relief efforts. They also reviewed regional and international developments.
December 07, 2025

Saudi FM, ICRC Chief discuss humanitarian cooperation in phone call

Saudi Arabia’s Minister Plenipotentiary at the Ministry of Foreign Affairs Dr. Manal Radwan speaking at Doha Forum on Saturday.
Saudi official says Israeli government needs reform, warns against ‘spoilers’ of the 20-point peace plan
Saudi Gazette report DOHA — Saudi Arabia’s Minister Plenipotentiary at the Ministry of Foreign Affairs, Dr. Manal Radwan, said on Saturday that meaningful peace cannot be achieved without reforming the Israeli government, warning that “spoilers” seeking to divert or redefine the U.S.-backed 20-point peace plan must be confronted. Speaking at the Doha Forum, Dr. Radwan said Israel’s current leadership “opposes the two-state solution” and includes officials who “continuously incite against Palestinians, against Arabs, against Muslims,” adding that Saudi Arabia does not see “a partner for peace not even a partner for a sustainable ceasefire.” She stressed that implementing the 20-point plan and the related UN Security Council resolution is, in itself, a form of needed...
December 06, 2025

Saudi official says Israeli government needs reform, warns against ‘spoilers’ of the 20-point peace plan

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