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Among its G20 peers, the Kingdom is ranked as the 3rd most competitive economy, ahead of countries such as Republic of Korea, Germany, France, Japan, Italy, India, United Kingdom, China, Mexico, Brazil, and Turkyie.
IIMD: Saudi Arabia ranked 17th globally in World Competitiveness Yearbook 2023
RIYADH — Saudi Arabia ranked 17th globally out of 64 countries that are the most competitive in the world, to become one of the top 20 countries for the first time in the World Competitiveness Yearbook 2023.The yearbook is published by the World Competitiveness Center of International Institute for Management Development (IIMD).Among its G20 peers, the Kingdom is ranked as the 3rd most competitive economy, ahead of countries such as Republic of Korea, Germany, France, Japan, Italy, India, United Kingdom, China, Mexico, Brazil, and Turkyie.The report is one of the major competitiveness reports that the National Competitiveness Center follows up on and analyzes in collaboration with the relevant government entities.Reacting to the Kingdom's positive performance, Minister of Commerce,...
June 20, 2023

IIMD: Saudi Arabia ranked 17th globally in World Competitiveness Yearbook 2023

Saudi Arabia’s cybersecurity recognized as 2nd best globally
RIYADH — The Kingdom of Saudi Arabia has secured second place in the global Cybersecurity Index in the World Competitiveness Yearbook (WCY) for 2023 by the Swiss-based International Institute for Management Development (IIMD).Saudi Arabia also ranked 17th overall in 2023 — jumping by seven places from 2022 — in the overall competitiveness ranking.With Saudi Arabia frequently ranking among the top economies in the world for cybersecurity, the latest recognition by IIMD is a testament to the efforts of entities like the National Cybersecurity Authority (NCA), one of Saudi Arabia’s key national security enablers.Saudi Arabia has cemented its leadership position through several initiatives to build a sound and sustainable cybersecurity ecosystem in the Kingdom.The International...
June 20, 2023

Saudi Arabia’s cybersecurity recognized as 2nd best globally

Hajj Minister: Saudi Arabia is welcoming over two million pilgrims from 160 countries
Saudi Gazette report JEDDAH — More than two million pilgrims from more than 160 countries around the world will perform Hajj this year, according to Minister of Hajj and Umrah Dr. Tawfiq Al-Rabiah. The number of flight reservations for those coming to the Kingdom to perform the annual pilgrimage of Hajj accounted for 1.7 million, he said. The minister made the remarks after releasing of a film welcoming the guests of God on the ministry’s official account. He said that the number of health practitioners serving the pilgrims exceeded 32,000. “Within a few days, millions of Muslims from all over the world will chant the great talbiyah. The government and the people of Saudi Arabia take part in facilitating the performance of a hassle-free Hajj by the guests of God,” he said....
June 20, 2023

Hajj Minister: Saudi Arabia is welcoming over two million pilgrims from 160 countries

Investment Minister Eng. Khalid Al-Falih stated that a new airlines will be announced soon in Saudi Arabia.
New airlines to be announced soon in Saudi Arabia
Saudi Gazette reportPARIS — Investment Minister Eng. Khalid Al-Falih stated that a new airlines will be announced soon in Saudi Arabia.Eng. Al-Falih made the remarks while speaking to Al-Alarabiya on the sidelines of the Paris Air Show, where he noted that Saudi Arabia deserves a large number of airlines through which it can achieve its economic and strategic goals.He pointed out that Riyadh Air will contribute in supporting the Kingdom's strategies, the most important of which is the tourism strategy.He said that Riyadh needs new airlines that link the Saudi capital with 100 countries around the world directly, as well as modern airplanes such as Boeing planes, which were contracted between the company and Riyadh Air.Saudi Arabia also needs to manufacture and connect the manufacture...
June 20, 2023

New airlines to be announced soon in Saudi Arabia

Minister of Islamic Affairs, Call and Guidance Sheikh Dr. Abdullatif Al-Sheikh directed all the Ministry's branches throughout Saudi Arabia's regions to hold Eid Al-Adha prayers in all mosques and prayer areas.
Eid Al-Adha prayer directed to be held in all mosques, but with exceptions
Saudi Gazette reportRIYADH — Minister of Islamic Affairs, Call and Guidance Sheikh Dr. Abdullatif Al-Sheikh directed all the Ministry's branches throughout Saudi Arabia's regions to hold Eid Al-Adha prayers in all mosques and prayer areas.The minister said that mosques or places of prayer that are excluded from this directive are those where worshipers do not go to during the Eid prayer in some centers and rural areas, because they go to certain prayer places they have that they go to constantly.The directive included holding Eid A-Adha prayers 15 minutes after sunrise.It is noteworthy that Saudi Arabia’s Supreme Court announced on Sunday that Monday 1/12/1444 AH — according to the Umm Al-Qura calendar — corresponding to the 19th of June, 2023, AD, is the beginning of the...
June 20, 2023

Eid Al-Adha prayer directed to be held in all mosques, but with exceptions

The Agricultural Development Fund (ADF)’s board of directors approved a number of financing loans and credit facilities worth SR1.5 billion in several regions of Saudi Arabia to support and develop the agriculture sector and strengthen Saudi food security.
Over SR4.2 billion approved by ADF at end of 2023's 1st half to strengthen Saudi food security
Saudi Gazette reportRIYADH — The Agricultural Development Fund (ADF)’s board of directors approved a number of financing loans and credit facilities worth SR1.5 billion in several regions of Saudi Arabia to support and develop the agriculture sector and strengthen Saudi food security.With this step, the total amount of loans approved by ADF until the end of the first half of 2023 has reached more than SR4.2 billion.ADF clarified during a meeting with its board of directors that the facilitations included development loans for small farmers, and others in the sectors of vegetable production in greenhouses, poultry, fish and shrimp farming, cooling warehouses for agricultural products and processing industries for dates, in addition to marketing centers for agricultural products.The...
June 20, 2023

Over SR4.2 billion approved by ADF at end of 2023's 1st half to strengthen Saudi food security

Minister of Foreign Affairs Prince Faisal bin Farhan made on Tuesday separate phone calls with President of Sudan’s Transitional Sovereign Council Lt. Gen. Abdel Fattah Al-Burhan and Commander of the Rapid Support Forces Lt. Gen. Mohamed Hamdan Dagalo.
Saudi FM calls for political solution to Sudan crisis during phone calls with Al-Burhan and Dagalo
Saudi Gazette report RIYADH — Minister of Foreign Affairs Prince Faisal bin Farhan made on Tuesday separate phone calls with President of Sudan’s Transitional Sovereign Council Lt. Gen. Abdel Fattah Al-Burhan and Commander of the Rapid Support Forces Lt. Gen. Mohamed Hamdan Dagalo. Prince Faisal discussed with the two leaders the latest developments in Sudan.During the phone conversations, the foreign minister underlined the need for finding political solution to the Sudanese crisis, in a way that guarantees the return of security and stability to Sudan and its people. He also renewed the Kingdom’s call for maintaining calm, giving priority to the national interests, and cessation of all forms of military escalation.Prince Faisal emphasized the importance of the commitment of all...
June 20, 2023

Saudi FM calls for political solution to Sudan crisis during phone calls with Al-Burhan and Dagalo

There are 436 water mist fans in the courtyards of the Prophet's Mosque
Several measures adopted to protect visitors of Prophet's Mosque from summer heat
Saudi Gazette reportMADINAH — Coinciding with the huge influx of Hajj pilgrims to the holy city of Madinah before the start of the rites of the pilgrimage, the Saudi government has taken several measures to protect them from the sweltering summer heat.These measures, followed up by the Prophet's Mosque agency, include air-conditioning systems, huge umbrellas, mist fans, white marble, and chilled Zamzam water.The air-conditioning system runs with high efficiency; its cooling level is automatically adjusted depending on outside heat to maintain a balanced temperature.The Central Air Conditioning Station covers an area of 70,000 square meters and comprises the world’s largest concentrator to cool water. It has 6 coolers, each with a capacity of 3,400 tons. The water cooling reaches as...
June 20, 2023

Several measures adopted to protect visitors of Prophet's Mosque from summer heat

The Crown Prince meets with Dimitri Kerkentzes in Paris.
Crown Prince, BIE chief discuss Saudi bid to host Expo 2030
PARIS — Crown Prince and Prime Minister Mohammed bin Salman has discussed with Dimitri Kerkentzes, Secretary-General of the Bureau International des Expositions (BIE), the Kingdom’s bid to host Expo 2030 in Riyadh.The Crown Prince met with Kerkentzes in Paris, France, during the Kingdom’s official reception to present Riyadh's bid.The meeting was attended by Saudi Arabia’s Minister of Foreign Affairs Prince Faisal bin Farhan; the CEO of the Royal Commission for Riyadh City, Ibrahim Al-Sultan; and Saudi Ambassador to France Fahd Al-Ruwaili. — SPA
June 20, 2023

Crown Prince, BIE chief discuss Saudi bid to host Expo 2030

Saudi Arabia holds reception for Expo 2030 bid in Paris
Saudi Gazette reportPARIS — Saudi Arabia held an official reception for Riyadh's bid to host Expo 2030 in Paris.Crown Prince and Prime Minister Mohammed Bin Salman, who's also Chairman of the Royal Commission for Riyadh City (RCRC) attended the reception. The Crown Prince is currently on a state visit to France.The reception welcomed representatives of the 179 member states of the International Bureau of Expositions. The ceremony is part of the nomination procedure to host the Expo 2030.The reception showcased the capital's readiness, plans and projects to host the exhibition, before the final voting to select the host city for this event at the next General Assembly meeting in November 2023.The reception, hosted by the Royal Commission for Riyadh City, included an exhibition...
June 19, 2023

Saudi Arabia holds reception for Expo 2030 bid in Paris

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