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The General Authority for Foreign Trade (GAFT) announced on Tuesday the launch of an anti-dumping investigation into imports of easy-open aluminum ends for beverage cans
GAFT starts anti-dumping investigation into Chinese easy-open aluminum ends
Saudi Gazette report RIYADH — The General Authority for Foreign Trade (GAFT) announced on Tuesday the launch of an anti-dumping investigation into imports of easy-open aluminum ends for beverage cans. These cans feature thicknesses ranging from 0.213 millimeters to 0.250 millimeters and diameters from 50 millimeters to 63 millimeters, originating in or exported from China.The decision is in accordance with the Trade Remedies Law in International Trade, issued on November 23, 2022. Article 4.1 of the law stipulates that the authority is responsible for trade remedies including conducting investigations, reviews, and the imposition of measures in accordance with the Kingdom's international commitments, especially under the Anti-Dumping Agreement, the Agreement on Subsidies and...
September 30, 2025

GAFT starts anti-dumping investigation into Chinese easy-open aluminum ends

Sheikh Abdulaziz Al-Sheikh
Crown Prince orders naming Riyadh street after Sheikh Abdulaziz Al-Sheikh
Saudi Gazette report RIYADH — Crown Prince and Prime Minister Mohammed bin Salman has ordered that a major street in the capital city of Riyadh be named after the late Sheikh Abdulaziz Al-Sheikh, the former Grand Mufti of Saudi Arabia and chairman of the Council of Senior Scholars.This directive comes as a token of honor and appreciation for Al-Sheikh's scholarly stature and his outstanding contributions in serving the nation, Islam, and the Muslims. The late Sheikh dedicated his life to the pursuit of knowledge and teaching of Islamic jurisprudence and guiding people, and his scholarly and practical contributions had a profound impact on strengthening the standing of Islamic jurisprudence and its teaching. Al-Sheikh died in Riyadh on September 23, 2025.
September 30, 2025

Crown Prince orders naming Riyadh street after Sheikh Abdulaziz Al-Sheikh

Dr. Waleed Al-Samaani
Justice minister orders launching electronic power of attorney service for business sector
Saudi Gazette report RIYADH — Minister of Justice Dr. Waleed Al-Samaani has ordered the launch of an electronic power of attorney service for the business sector through the Najiz Business portal. This initiative aims to support the business sector and streamline legal transactions.The new online service will contribute to the digital transformation process and enhance the business environment, enabling company representatives to issue powers of attorney electronically in a quick and easier way.The ministry emphasized that launching of this service is part of its ongoing efforts to provide digital solutions that facilitate business transactions. The service allows users to issue powers of attorney electronically with simple, 24/7 access. The ministry of Justice encourages all businesses...
September 30, 2025

Justice minister orders launching electronic power of attorney service for business sector

Preliminary estimates for 2026 project real GDP growth of about 4.6 percent, driven by the expected expansion of non-oil activities.
Saudi Arabia projects SR1.313 trillion spending in 2026 budget with 3.3% deficit
Saudi Gazette reportRIYADH — The Saudi Ministry of Finance on Tuesday released the Pre-Budget Statement for Fiscal Year 2026, estimating total expenditures at about SR1,313 billion and revenues at SR1,147 billion, resulting in a deficit of 3.3 percent of GDP.Preliminary estimates for 2026 project real GDP growth of about 4.6 percent, driven by the expected expansion of non-oil activities.The ministry confirmed that the government will continue its expansionary spending approach, focusing on national priorities with social and economic impact, in line with Vision 2030 goals and efforts to diversify the economy.According to the statement, since the launch of Vision 2030 the Saudi economy has undergone structural reforms that improved the business environment, strengthened the role of the...
September 30, 2025

Saudi Arabia projects SR1.313 trillion spending in 2026 budget with 3.3% deficit

Saudi minister highlights AI’s transformative role at G20 meeting in South Africa
Saudi Gazette reportCAPE TOWN — Saudi Minister of Communications and Information Technology Abdullah Al-Swaha participated in the G20 artificial intelligence ministerial meeting held in Cape Town, South Africa.In his remarks, Al-Swaha said the world is heading over the next five years toward economic and social shifts driven by AI that could equal the progress of the past five decades.He stressed the need for G20 nations to strengthen collective action to prevent widening gaps in the smart era.He noted that Saudi Arabia is working to turn challenges into opportunities by focusing on three main tracks: leveraging generative AI to support healthcare innovation and accelerate drug discovery for diseases such as diabetes and sickle cell anemia; advancing industrial transformation through...
September 30, 2025

Saudi minister highlights AI’s transformative role at G20 meeting in South Africa

Crown Prince and Prime Minister Mohammed bin Salman receives credentials from a number of newly appointed ambassadors to Saudi Arabia in Riyadh on Tuesday.
Crown Prince receives credentials from new ambassadors of several countries
Saudi Gazette report RIYADH — On behalf of Custodian of the Two Holy Mosques King Salman, Crown Prince and Prime Minister Mohammed bin Salman received the credentials of the newly appointed ambassadors to Saudi Arabia from several friendly countries.Minister of Foreign Affairs Prince Faisal bin Farhan and several other officials attended the ceremony held at Al-Yamamah Palace in Riyadh on Tuesday.The credentials were presented by Ambassador of Belgium Pascal Grégoire, Ambassador of Ireland Gerard Cunningham, Ambassador of Thailand Darm Boontham, Ambassador of Bulgaria Lubomir Nikolov Popov, Ambassador of Kuwait Sheikh Sabah Nasser Al-Ahmad Al-Sabah, Ambassador of Germany Michael Kindsgrab, Ambassador of the European Union Christophe Farnaud, Ambassador of Iran Alireza Enayati,...
September 30, 2025

Crown Prince receives credentials from new ambassadors of several countries

Crown Prince and Prime Minister Mohammed bin Salman chairs the Cabinet session in Riyadh on Tuesday.
Saudi Arabia affirms readiness to cooperate with US on achieving peace in Gaza
Saudi Gazette report RIYADH — The Council of Ministers affirmed on Tuesday Saudi Arabia's readiness to cooperate with the United States with regard to achieving comprehensive peace in Gaza following the announcement of US President Donald Trump’s Gaze peace plan. The Cabinet session, chaired by Crown Prince and Prime Minister Mohammed bin Salman in Riyadh, appreciated the US president’s declaration against allowing the annexation of the West Bank by Israel. In a statement to the Saudi Press Agency following the session, Minister of Media Salman Al-Dossary said that the Cabinet welcomed the US administration’s announcement of President Trump’s comprehensive plan aimed at ending the conflict in the Gaza Strip, rebuilding the strip, and facilitating the unrestricted delivery of...
September 30, 2025

Saudi Arabia affirms readiness to cooperate with US on achieving peace in Gaza

The GASTAT report showed that overall labor force participation rate for Saudis and non-Saudis reached 67.1 percent, a decrease of 1.1 percentage points from the previous quarter.
Saudi Arabia's overall unemployment and labor force participation rates reach 3.2% and 67.1% in 2Q 2025
Saudi Gazette report RIYADH — The overall unemployment rate for Saudis and non-Saudis in the Kingdom reached 3.2 percent during the second quarter of 2025, according to the General Authority for Statistics (GASTAT).The Labor Market Publication, released on Tuesday by GASTAT for the second quarter of 2025, revealed that the overall unemployment rate recorded an increase of 0.4 percentage points on a quarterly basis compared to the first quarter of the same year. This records a slight annual decrease of 0.1 percentage points compared to the second quarter of 2024.The GASTAT report showed that overall labor force participation rate for Saudis and non-Saudis reached 67.1 percent, a decrease of 1.1 percentage points from the previous quarter, but an increase of 0.9 percentage points compared...
September 30, 2025

Saudi Arabia's overall unemployment and labor force participation rates reach 3.2% and 67.1% in 2Q 2025

The foreign ministers expressed confidence in Donald Trump’s ability to chart a path toward peace and highlighted the importance of partnership with the United States in securing stability in the region.
Saudi Arabia and regional partners back Trump’s Gaza peace proposal in joint statement
Saudi Gazette report RIYADH — Foreign ministers of Saudi Arabia, Jordan, the United Arab Emirates, Indonesia, Pakistan, Türkiye, Qatar, and Egypt issued a joint statement welcoming US President Donald Trump’s leadership and efforts to end the war in Gaza.The ministers expressed confidence in Trump’s ability to chart a path toward peace and highlighted the importance of partnership with the United States in securing stability in the region.They welcomed Trump’s proposal, which includes ending the war, rebuilding Gaza, preventing the displacement of Palestinians, advancing comprehensive peace, and his declaration that Israel will not be allowed to annex the West Bank.The statement affirmed the ministers’ readiness to work constructively with the United States and relevant parties...
September 30, 2025

Saudi Arabia and regional partners back Trump’s Gaza peace proposal in joint statement

The Ministry of Culture signed a MoU with the Royal Commission for Riyadh City (RCRC) for cooperation on implementing a number of strategic cultural and artistic projects in Riyadh so as to enhance the capital’s cultural landscape.
Ministry of Investment signs MoU with Cultural Development Fund for cooperation in cultural investment
Saudi Gazette report RIYADH — The Saudi Ministry of Investment signed a memorandum of understanding (MoU) with the Cultural Development Fund to explore areas of cooperation in cultural investment and attract international companies to the Saudi cultural sector. The signing ceremony was held on the sidelines of the Cultural Investment Conference, organized by the Ministry of Culture at the King Fahd Cultural Center in Riyadh.The MoU aims to strengthen the partnership between the two sides in exploring investment opportunities and developing initiatives that contribute to attracting leading international companies to operate in cultural sectors. This will enhance the competitiveness of the cultural sector and increase its contribution to the national economy.The signing of the memorandum...
September 30, 2025

Ministry of Investment signs MoU with Cultural Development Fund for cooperation in cultural investment

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