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Over 25 MoUs signed during Brazil-Saudi Investment Forum  
Saudi Gazette reportSÃO PAULO — More than 25 Memoranda of Understanding (MoUs) were signed between government agencies of Saudi Arabia and Brazil during the Brazil-Saudi Investment Forum in Sao Paulo.The forum was organized by the Kingdom's Ministry of Investments with the presence of officials from both countries including Saudi Minister of Investments Eng. Khalid Al-Falih and Brazil's Vice President and Minister for Development, Industry, Trade and Services Geraldo Alckmin.The forum witnessed the signing of MoUs between government agencies and the private sector as well as between the private sector in each country in the fields of petrochemicals, health, defense, food, real estate, tourism, water desalination and treatment, and agriculture.The activities of the forum included...
August 01, 2023

Over 25 MoUs signed during Brazil-Saudi Investment Forum  

Opportunities in Saudi industrial sector not limited to giant investments, says minister
Saudi Gazette reportRIYADH — Opportunities in Saudi Arabia's industrial sector are not limited to the huge investments alone, Minister of Industry and Mineral Resources Bandar Alkhorayef has stated.The minister made the remarks during a speech to the ceremony of the investment acceleration program in the industrial sector. He affirmed that the program aims to work with all the categories of investors.Alkhorayef said the National Strategy for Industry, the localization and export strategies, and a number of other relevant policies will generate very large opportunities for entrepreneurs to enter the industrial sector.The National Strategy for Industry holds large ambitions that are constantly followed up and measured due to the importance of the industrial sector and its pivotal role...
August 01, 2023

Opportunities in Saudi industrial sector not limited to giant investments, says minister

MSC Loreto: Largest container ship in Saudi ports' history docks in Jeddah
Saudi Gazette reportJEDDAH — The Saudi Ports Authority (MAWANI) has announced the arrival of the largest container ship in the history of Saudi Arabian ports to Jeddah Islamic Port. The vessel, MSC Loreto, is affiliated with the Swiss shipping line "MSC".MAWANI explained that the container ship is 400 meters long, 61.3 meters wide, and more than 33 meters deep, with a capacity of 24,346 standard containers, and a draft of 17 meters. The ship has a surface area of ​​about 24,000 square meters and it can reach a maximum speed of 22.5 knots. It is the largest container ship to dock not only in Jeddah but also at any Saudi ports.MSC Loreto transports a wide range of goods from raw materials to finished products, such as machinery, plastics, rubber, electronics and furniture.The...
August 01, 2023

MSC Loreto: Largest container ship in Saudi ports' history docks in Jeddah

Japan's Defense Minister Yasukazu Hamada receives Saudi Arabia's Defense Minister Prince Khalid bin Salman in Tokyo.
Saudi, Japanese defense ministers discuss enhancing military cooperation
Saudi Gazette report TOKYO — Japan's Defense Minister Yasukazu Hamada has received Saudi Arabia's Defense Minister Prince Khalid bin Salman in the ministry's headquarters in Tokyo. Prince Khalid held a meeting with Hamada, during which they reviewed the relations between Saudi Arabia and Japan, as well as bilateral cooperation in the military and defense fields. The two sides also reviewed the developments at regional and international levels, and efforts made in this regard, in addition to discussing a number of topics of common interest. The meeting was attended by a number of officials from both sides.
August 01, 2023

Saudi, Japanese defense ministers discuss enhancing military cooperation

GCAM unveils mechanism for clearing cinematic films
Saudi Gazette reportRIYADH — The General Commission for Audiovisual Media (GCAM) has unveiled a mechanism for clearing and categorizing cinematic films.The commission stressed that the process of age classification and clearance of cinematic films is conducted by a team of specialists who have extensive knowledge of everything related to the film industry.The process goes through several steps to carefully examine the content to ensure its suitability for each age group.The mechanism begins with receiving the request for clearance and categorization and scheduling dates for scrutiny, followed by the start of the categorizing process by the specialist team.The team will prepare a comprehensive report about the film content with the age classification and any modifications deemed...
August 01, 2023

GCAM unveils mechanism for clearing cinematic films

Ambassador Alireza Enayati of Iran
Development of relations with Saudi Arabia is a prelude to multilateral cooperation, says Iran's ambassador
Saudi Gazette reportRIYADH — Tehran's ambassador in Riyadh Alireza Enayati has said that the development of bilateral relations between Iran and Saudi Arabia in the Gulf would be a prelude to multilateral cooperation among countries.Speaking to the Tasnim News Agency, Enayati pointed out that the growing relationship between Saudi Arabia and Iran can have an important impact on peace, stability, and independence, and enhance the culture of dialogue."We think that the work done between Iran and Saudi Arabia will benefit both countries and the surrounding countries of the region," he said. Enayati added that Iran needs bilateral economic agreements with Saudi Arabia, such as avoiding double taxation, encouraging and supporting mutual investment, and the customs...
August 01, 2023

Development of relations with Saudi Arabia is a prelude to multilateral cooperation, says Iran's ambassador

Jose Mourinho among board members of Mahd Sports Academy approved by Saudi Crown Prince
Saudi Gazette report JEDDAH — Saudi Crown Prince and Prime Minister Mohammed bin Salman has approved the appointment of the board of directors of Mahd Sports Academy for a period of three years.The academy’s board of directors would consist of representatives from the Ministry of Finance and the Ministry of Education. Additionally, the decision includes the appointment of Saudi Ambassador to the United States Princess Reema bint Bandar, Assistant Sports Minister Abdulaziz Ahmad Baeshen, President of the Saudi Special Olympics Federation Dr. Maha bint Ahmed Al-Juffali, well-known Portuguese coach Jose Mourinho, and former Rumanian footballer Ioan Lupescu as members of the board.Minister of Sports and Chairman of the academy’s board of directors Prince Abdulaziz bin Turki Al-Faisal...
July 31, 2023

Jose Mourinho among board members of Mahd Sports Academy approved by Saudi Crown Prince

The seasonally adjusted real GDP posted a decrease of 0.1 percent in the second quarter of the current year compared to the previous quarter.
GASTAT: Saudi GDP records 1.1% growth in 2Q 2023
Saudi Gazette report RIYADH — The real gross domestic product (GDP) of Saudi Arabia recorded a growth of 1.1 percent in the second quarter of 2023, compared to the same period of 2022, according to the latest figures released by the General Authority for Statistics (GASTAT).The GDP estimates for the second quarter of 2023 showed a 5.5 percent increase in non-oil activities in Q2 of this year while compared to the same period of last year, and a 4.2 percent decrease in oil activities compared to second quarter of 2022, the Saudi Press Agency reported.The seasonally adjusted real GDP posted a decrease of 0.1 percent in the second quarter of the current year compared to the previous quarter. GASTAT is the only official reference for statistical data and information in Saudi Arabia. It...
July 31, 2023

GASTAT: Saudi GDP records 1.1% growth in 2Q 2023

Saudi Arabia reaffirms desecration of Qur’an is unacceptable
Saudi Gazette report JEDDAH — Saudi Arabia reaffirmed on Monday that desecration of the Holy Qu’ran is unacceptable under any justifications and there should be practical steps to put an end to repetition of the incidents of burning of the holy book. Minister of Foreign Affairs Prince Faisal bin Farhan said this while addressing remotely the opening session of the Extraordinary Council of Foreign Ministers (CFM) of Organization of Islamic Cooperation (OIC), which groups 57 Muslim countries. The meeting was convened, at the request of Saudi Arabia, which is chairing the 14th Islamic Summit, to discuss the measures to be taken to address the repeated incidents of desecration and burning of the copies of the Holy Qur’an in a number of Western countries, such as Sweden and Denmark.Prince...
July 31, 2023

Saudi Arabia reaffirms desecration of Qur’an is unacceptable

Saudi Arabia condemned and denounced the attack which occurred in Khyber Pakhtunkhwa province in the northwest of Pakistan, that resulted in a number of deaths and injuries.
Saudi Arabia condemns attack in Pakistan’s Khyber Pakhtunkhwa
Saudi Gazette report RIYADH — Saudi Arabia condemned and denounced the attack which occurred in Khyber Pakhtunkhwa province in the northwest of Pakistan, that resulted in a number of deaths and injuries. In a statement carried out by the Ministry of Foreign Affairs, it has renewed the affirmation of the Kingdom's firm position that calls for the renunciation of violence and terrorism wherever it was. It has also expressed Saudi Arabia's full solidarity and standing by Pakistan and its people in this grave event. The Ministry has offered the Kingdom's condolences and sympathy for the victims’ families, the government, and the Pakistani people, in addition to wishing a speedy recovery for the injured. It is noteworthy that more than 40 people were killed and hundreds of...
July 31, 2023

Saudi Arabia condemns attack in Pakistan’s Khyber Pakhtunkhwa

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