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Saudi Arabia launches $90m emergency coalition to fund Palestinian Authority, rules out normalization without statehood
Saudi Gazette reportNEW YORK — Saudi Foreign Minister Prince Faisal bin Farhan announced on Thursday the launch of an emergency international coalition to provide direct funding to the Palestinian Authority, with the Kingdom pledging $90 million in support.He reiterated that “there will be no path to normalization with Israel without a Palestinian state.”Speaking at a press conference in New York, Prince Faisal said the initiative comes in parallel with the high-level ministerial meeting of the Global Alliance to Implement the Two-State Solution, chaired by Saudi Arabia — representing the Arab-Islamic Ministerial Committee on Gaza — alongside the European Union and Norway on the sidelines of the 80th UN General Assembly.He stressed that the meeting built on the adoption of the...
September 26, 2025

Saudi Arabia launches $90m emergency coalition to fund Palestinian Authority, rules out normalization without statehood

Minister of State for Foreign Affairs, Cabinet Member, and Climate Envoy Adel Al-Jubeir meets with former Secretary General of the United Nations Ban Ki-moon in New York on Thursday.
Adel Al-Jubeir meets former UN secretary general
Saudi Gazette reportNEW YORK — Minister of State for Foreign Affairs, Cabinet Member, and Climate Envoy Adel Al-Jubeir met with former Secretary General of the United Nations Ban Ki-moon on the sidelines of the 80th session of the United Nations General Assembly in New York on Thursday.During the meeting, they discussed issues of common interest.
September 25, 2025

Adel Al-Jubeir meets former UN secretary general

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan attends the ministerial-level meeting of the Arab Summit Troika in New York on Thursday.
Saudi FM attends Arab Summit Troika meeting with Korea’s counterpart
Saudi Gazette reportNEW YORK — Saudi Minister of Foreign Affairs Prince Faisal bin Farhan attended the ministerial-level meeting of the Arab Summit Troika with President of the UN Security Council for September, Minister of Foreign Affairs of the Republic of Korea Cho Hyun, on the sidelines of the 80th session of the UN General Assembly in New York on Thursday.The meeting discussed ways to coordinate multilateral work to strengthen joint efforts serving regional and international issues.
September 25, 2025

Saudi FM attends Arab Summit Troika meeting with Korea’s counterpart

The number of new commercial registrations during the second quarter of 2025 has exceeded 80,000, bringing the total number of existing commercial registrations in Saudi Arabia to 1.7 million, according to the SME Monitor report by Monsha'at.
Monsha'at report: Saudi commercial registrations hit 1.7 million  
Saudi Gazette reportRIYADH — The number of new commercial registrations during the second quarter of 2025 has exceeded 80,000, bringing the total number of existing commercial registrations in Saudi Arabia to 1.7 million. This was revealed in the SME Monitor report, published by the Small and Medium Enterprises General Authority (Monsha'at).The report focused on key figures and developments within the SME system, highlighting supporting initiatives and reviewing the education sector as a promising field for investors.According to the report, e-commerce registrations reached 39,366, and 38 percent of the registrations were owned by youth and 47 percent owned by women. Riyadh Region topped the number of new registrations, reaching 28,181 (35.2 percent). Makkah was second with 14,498...
September 25, 2025

Monsha'at report: Saudi commercial registrations hit 1.7 million  

Minister of Industry and Mineral Resources Bandar Alkhorayef addressing the Beijing-Saudi Advanced Manufacturing Conference in Beijing.
Saudi Arabia and China sign 42 investment agreements worth over $1.74 billion
Saudi Gazette reportBEIJING — Minister of Industry and Mineral Resources Bandar Alkhorayef witnessed the signing of 42 investment agreements between Saudi and Chinese companies, valued at over $1.74 billion, during his participation in the Saudi-Chinese Business Forum held in Beijing. The agreements spanned advanced industries, smart vehicles, energy solutions, medical devices, equipment, and mineral resources.The forum, organized by the Federation of Saudi Chambers, brought together around 200 Saudi and Chinese companies alongside private sector representatives from both countries, creating a platform for enhanced economic cooperation and strategic alignment.In his keynote address at the forum, Alkhorayef commended the key role of the Saudi-Chinese Business Council in facilitating...
September 25, 2025

Saudi Arabia and China sign 42 investment agreements worth over $1.74 billion

Machinery, electrical equipment, and parts constituted 29.7 percent of the total non-oil exports, followed by chemical products, which represented 19.6 percent.
Saudi non-oil exports post 30.4% increase in July 2025
Saudi Gazette report RIYADH — Saudi Arabia's non-oil exports, including re-exports, recorded an increase of 30.4 percent in July 2025 compared to July 2024. The ratio of non-oil exports to imports increased to 44.6 percent in July from 33.4 percent during the same month last year, according to the International Trade bulletin issued on Thursday by the General Authority for Statistics (GASTAT).Machinery, electrical equipment, and parts constituted 29.7 percent of the total non-oil exports, followed by chemical products, which represented 19.6 percent. In terms of imports, machinery, electrical equipment, and parts accounted for 11.7 percent of total imports, representing a 29.9 percent increase compared to July 2024. This was followed by transportation equipment and parts, which...
September 25, 2025

Saudi non-oil exports post 30.4% increase in July 2025

The Masyoun site, northwest of Tabuk, dates back to the Pre-Pottery Neolithic period, specifically between 11,000 and 10,300 years ago.
Minister of Culture unveils unearthing oldest known human settlement on the Arabian Peninsula
Saudi Gazette report RIYADH — Minister of Culture and Chairman of the Board of Directors of the Heritage Commission Prince Bader bin Abdullah announced on Thursday the documentation of the oldest known human settlement on the Arabian Peninsula. The settlement dates back to the Pre-Pottery Neolithic period, specifically between 11,000 and 10,300 years ago.The discovery was made at the “Masyoun” site northwest of Tabuk, during the ongoing archaeological excavations carried out by the Heritage Commission in partnership with Kanazawa University of Japan and in collaboration with NEOM.The Masyoun site was first recorded in the National Antiquities Register in 1978. Renewed fieldwork since December 2022 has established its importance as the earliest known settlement on the Arabian...
September 25, 2025

Minister of Culture unveils unearthing oldest known human settlement on the Arabian Peninsula

Under the new rules, which took effect on Thursday, September 25, 2025, the total rental value of properties cannot be increased for five years within Riyadh’s urban boundary.
Saudi Arabia freezes rent increases in Riyadh for 5 years under new housing regulations
Saudi Gazette report RIYADH — Saudi Arabia has introduced sweeping new regulations for Riyadh’s rental market, freezing rent increases for both residential and commercial properties for the next five years in a bid to stabilize housing costs and ensure fairness between landlords and tenants.The measures, approved by the Council of Ministers and enacted through a royal decree, follow directives from Crown Prince and Prime Minister Mohammed bin Salman, who earlier ordered reforms to address sharp rent hikes in the capital.Under the new rules, which took effect on Thursday, September 25, 2025, the total rental value of properties—whether in existing or new contracts—cannot be increased for five years within Riyadh’s urban boundary. The same framework could be extended to other...
September 25, 2025

Saudi Arabia freezes rent increases in Riyadh for 5 years under new housing regulations

Saudi Foreign Minister Prince Faisal bin Farhan co-chaired a high-level ministerial meeting of the Global Alliance to Implement the Two-State Solution on Wednesday.
Saudi FM says New York Declaration affirms Gaza, West Bank and Jerusalem as one indivisible Palestinian land
Saudi Gazette reportNEW YORK — Saudi Foreign Minister Prince Faisal bin Farhan said the New York Declaration confirms that Gaza and the West Bank, including Jerusalem, are one indivisible Palestinian land.Prince Faisal made his remarks as he co-chaired a high-level ministerial meeting of the Global Alliance to Implement the Two-State Solution on Wednesday.The meeting, held on the sidelines of the 80th UN General Assembly, was chaired by Prince Faisal alongside the European Union and Norway.“We meet today one year after launching our joint initiative (the Global Alliance to Implement the Two-State Solution), which the Kingdom is honored to co-chair with the EU and Norway, and just days after the General Assembly adopted the New York Declaration—a historic international consensus to...
September 25, 2025

Saudi FM says New York Declaration affirms Gaza, West Bank and Jerusalem as one indivisible Palestinian land

Saudi Minister of Economy and Planning Faisal Al-Ibrahim meets with Norwegian Minister of International Development Asmund Grover Aukrust in New York on Wednesday.
Saudi economy minister meets Norwegian and Romanian ministers in New York
Saudi Gazette reportNEW YORK — Saudi Minister of Economy and Planning Faisal Al-Ibrahim met with Norwegian Minister of International Development Asmund Grover Aukrust in New York on Wednesday.During the meeting, they discussed ways to further enhance bilateral cooperation between the two countries in various fields. They also reviewed issues of mutual interest.Al-Ibrahim also met with the Romanian Foreign Minister Oana-Silvia Toiu to discuss ways to strengthen bilateral relations between the two countries. They reviewed the latest global economic developments of mutual interest.The meetings were held on the sidelines of the 80th session of the United Nations General Assembly.
September 24, 2025

Saudi economy minister meets Norwegian and Romanian ministers in New York

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