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Saudi minister explores strategic industrial and mining partnerships with top Russian firms
Saudi Gazette reportMOSCOW — Saudi Minister of Industry and Mineral Resources Bandar AlKhorayef held a series of high-level meetings with executives from leading Russian industrial and mining companies during his official visit to the Russian Federation, aimed at expanding investment partnerships and exploring new opportunities in mining and manufacturing.AlKhorayef met with the CEO of Alrosa, the world’s largest diamond mining company, where they discussed opportunities for collaboration in mineral production and processing.The minister highlighted Saudi Arabia’s enabling investment environment for mining ventures.He also held a strategic meeting with the CEO of VSMPO-AVISMA, the world’s largest titanium producer, to discuss knowledge exchange and industrial cooperation.The...
July 11, 2025

Saudi minister explores strategic industrial and mining partnerships with top Russian firms

Riyadh begins property acquisition for major road development projects
Saudi Gazette reportRIYADH — The Royal Commission for Riyadh City (RCRC) has officially launched the process of acquiring properties that conflict with the planned routes of major road development projects in the Saudi capital.The initiative is part of the second phase of the city’s Road Corridors Development Program, aimed at addressing the needs of Riyadh’s fast-growing population by improving connectivity and transportation infrastructure across the capital.The targeted properties are located along several key development sites, including the Thamaniyah Road, the Second Eastern Ring Road, Prince Mishaal Bin Abdulaziz Road, two parallel bridges to the existing Suspension Bridge, and areas linked to the planned upgrade of the Western Ring Road and Jeddah Road intersection.Property...
July 11, 2025

Riyadh begins property acquisition for major road development projects

CMA approves major reforms to ease investment account access for foreign and local investors
Saudi Gazette reportRIYADH — The Capital Market Authority (CMA) has approved a set of regulatory amendments designed to simplify the process of opening and managing investment accounts for a broader range of investors, including individual foreign investors in Gulf Cooperation Council (GCC) countries.The changes, effective immediately upon publication, aim to align the regulatory framework with ongoing technological advancements and the Kingdom’s broader investment and economic goals.The amendments include updates to the “Investment Accounts Instructions,” “Rules for Foreign Investment in Securities,” and “Capital Market Institutions Regulations.”This step is expected to enhance the overall attractiveness of the Saudi capital market by streamlining procedures, strengthening...
July 11, 2025

CMA approves major reforms to ease investment account access for foreign and local investors

Riyadh’s Creative District to welcome Italy’s Istituto Marangoni
Saudi Gazette reportRIYADH — The Royal Commission for Riyadh City (RCRC) has signed a strategic partnership agreement with the globally renowned Istituto Marangoni, officially marking the institute’s entry into Riyadh’s Creative District.The move reinforces the Saudi capital’s growing stature as a global center for fashion, arts, and innovation.The partnership, announced on Thursday, was developed in collaboration with the Fashion Commission under the Ministry of Culture and is backed by the Ministry of Investment. Istituto Marangoni, headquartered in Milan and with branches in Paris, London, and Miami, will begin operations in Riyadh in August 2025.Founded in 1935, Istituto Marangoni is one of the world’s leading academic institutions in fashion, design, and luxury brand...
July 11, 2025

Riyadh’s Creative District to welcome Italy’s Istituto Marangoni

Bangladeshi expat caught fishing illegally off Asir coast
Saudi Gazette reportJEDDAH — Saudi Border Guard coastal patrols in Al-Qahmah, Asir region, have arrested a Bangladeshi resident for violating the Kingdom’s maritime safety regulations by fishing without a permit.The individual was found in possession of a quantity of illegally caught fish. Authorities confirmed that legal procedures were initiated against him in coordination with the relevant agencies.The Border Guard urged all residents and visitors to comply with maritime safety laws and regulations protecting the Kingdom’s marine life and natural resources.The public is encouraged to report any environmental or wildlife violations by calling emergency numbers: 911 in Makkah, Madinah, and the Eastern Province; or 994, 999, and 996 in all other regions. All reports will be handled...
July 11, 2025

Bangladeshi expat caught fishing illegally off Asir coast

Saudi population reaches 35.3 million in 2024, majority under 65
Saudi Gazette reportRIYADH — Saudi Arabia's total population reached 35,300,280 in 2024, according to newly released data from the General Authority for Statistics (GASTAT), marking World Population Day.Of the total population, 55.6 percent are Saudi nationals, while non-Saudis comprise 44.4 percent.The figures also reveal a significant gender imbalance, with males accounting for 62.1 percent of the population, compared to 37.9 percent females.The population structure highlights a predominantly young and productive society. Individuals aged 15 to 64 make up 74.7 percent of the population, while children aged 0 to 14 represent 22.5 percent. Seniors aged 65 and above constitute just 2.8 percent.Released under the theme “Saudi Arabia’s population... Figures and sustainable...
July 11, 2025

Saudi population reaches 35.3 million in 2024, majority under 65

Saudi Arabia's non-oil trade surplus with other Gulf Cooperation Council (GCC) states recorded an annual growth of 203.2 percent during April 2025.
Annual growth of Saudi – GCC non-oil trade surplus soars 203% in April
Saudi Gazette report RIYADH — Saudi Arabia's non-oil trade surplus with other Gulf Cooperation Council (GCC) states recorded an annual growth of 203.2 percent during April 2025. This figure posted an increase of more than SR2 billion, reaching approximately SR3,511 million, compared to SR1,158 million in the same month last year, according to the preliminary data from the International Trade Bulletin for April 2025, issued by the General Authority for Statistics (GASTAT).The report showed that the total volume of non-oil trade, including re-exports, between the Kingdom and the GCC countries amounted to approximately SR18,028 million, recording an annual growth of 41.3 percent, an increase of SR5,271 million, compared to SR12,757 million in April 2024.Non-oil commodity exports,...
July 10, 2025

Annual growth of Saudi – GCC non-oil trade surplus soars 203% in April

The Jeddah Mayoralty has warned against the violation of discharging sewage into rainwater drainage networks, causing environmental hazards.
Jeddah Mayoralty warns of maximum fine of SR20 million for sewage discharge violations
Saudi Gazette report JEDDAH — The Jeddah Mayoralty has warned against the violation of discharging sewage into rainwater drainage networks, causing environmental hazards. This is a serious environmental violation for which the perpetrator will be slapped with a maximum fine of SR20 million.The mayoralty emphasized that this illegal practice harms infrastructure, negatively impacts the environment and public health, and causes blockages and congestion in drainage networks.The Jeddah mayoralty clarified that penalties are not limited to financial fines only, but also include a number of regulatory measures against violators, most notably: Immediately stopping the discharge; addressing the environmental damage resulting from the discharge; paying compensation; and referring the case to the...
July 10, 2025

Jeddah Mayoralty warns of maximum fine of SR20 million for sewage discharge violations

Saudi Minister of Communications and Information Technology Abdullah Alswaha addressing the 160th anniversary celebrations of the International Telecommunication Union (ITU) in Geneva.
Alswaha: Saudi Arabia launches several initiatives aimed to shape AI era
Saudi Gazette report GENEVA — Minister of Communications and Information Technology Abdullah Alswaha affirmed that Saudi Arabia has launched a series of initiatives aimed at addressing the global challenges in computing, data, and algorithms for the benefit of humanity. “These initiatives receive great support from Crown Prince and Prime Minister Mohammed bin Salman,” he said while addressing the 160th anniversary celebrations of the International Telecommunication Union (ITU) in Geneva. The event was attended by state leaders, decision-makers, and international technical experts.Alswaha emphasized that the world is at a critical moment due to the rapid advancement of artificial intelligence technologies. He pointed out that the existing gaps in computing, data, and algorithms...
July 10, 2025

Alswaha: Saudi Arabia launches several initiatives aimed to shape AI era

Deputy Minister of Communications and Information Technology Haytham AlOhali speaking at the World Summit on the Information Society (WSIS) in Geneva.
At Geneva World Summit, Saudi Arabia highlights great strides in digital leadership
Saudi Gazette report GENEVA — Deputy Minister of Communications and Information Technology and Acting Governor of the Communications, Space and Technology Commission (CST) Haytham AlOhali highlighted, while attending the World Summit on the Information Society (WSIS) in Geneva, Saudi Arabia’s great strides in digital leadership. Speaking before senior officials and experts representing 194 countries, he reaffirmed the Kingdom’s dedication in supporting the summit’s goals and enhancing the role of the International Telecommunication Union (ITU) in fostering inclusive and sustainable digital communities.AlOhali showcased Saudi Arabia’s progress in advancing the ITU’s strategic objectives, referencing key global indicators that reflect the Kingdom’s success in the digital...
July 10, 2025

At Geneva World Summit, Saudi Arabia highlights great strides in digital leadership

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