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Saudi economy grows 3.8% in Q1
RIYADH — The real GDP of Saudi Arabia grew by 3.8% in the first quarter of 2023, compared to Q1 of 2022, new figures from the General Authority for Statistics (GASTAT) showed on Thursday. Estimates of GDP for Q1 this year, issued by GASTAT, showed a 5.4% increase in non-oil activities, a 4.9% increase in government activities, and a 1.4% increase in oil activities over Q1 of 2022.According to the report, seasonally adjusted real GDP decreased by 1.4% in Q1 of 2023 compared to Q4 of 2022.GASTAT is the only official reference for statistical data and information in Saudi Arabia. It carries out all statistical work, as well as the technical oversight of the statistical sector. It also designs and implements field surveys, conducts statistical studies and research, analyses data and...
June 08, 2023

Saudi economy grows 3.8% in Q1

The meeting was held in Riyadh on the sidelines of the ministerial meeting of the Global Coalition against Daesh
Saudi FM participates in talks on fighting terrorism in West Africa
RIYADH — Minister of Foreign Affairs Prince Faisal bin Farhan participated in a ministerial meeting on combating terrorism in West Africa on Thursday. The meeting was held in Riyadh on the sidelines of the ministerial meeting of the Global Coalition against Daesh (the so-called Islamic State or IS).During the meeting, the importance of supporting development in the West African countries and encouraging investment there was emphasized. International and regional efforts were also discussed to lay the foundations for stability, security and conflict resolution in the region. — SPA
June 08, 2023

Saudi FM participates in talks on fighting terrorism in West Africa

Minister of Commerce Majed Al-Qasabi said the volume of Britain’s investments in Saudi Arabia amounted to SR26.5 billion
Al-Qasabi: Saudi – British trade exchange exceeds SR80 billion in 2022
Okaz/Saudi GazetteLONDON — Minister of Commerce Majed Al-Qasabi said that the volume of trade exchange between Saudi Arabia and Britain reached SR80.7 billion (17.3 billion sterling pounds) during the year 2022. The minister made the remarks on the sidelines of the UK Saudi Business, Trade and Partnership Forum, organized by the Saudi British Joint Business Council (SBJBC) here on Wednesday.Al-Qasabi said the volume of Britain’s investments in Saudi Arabia amounted to SR26.5 billion (5.7 billion sterling pounds) in two years. “We set targets for trade and foreign exports between Saudi Arabia and Britain," he said while pointing to the growth of Saudi exports to Britain by 130 percent last year.The minister pointed out that 165 British investors are currently in Saudi Arabia,...
June 08, 2023

Al-Qasabi: Saudi – British trade exchange exceeds SR80 billion in 2022

The Ministry of Foreign Affairs stated that the application will be processed and the visa will be issued instantly before sending it to the investor via e-mail.
Saudi Arabia launches ‘Visiting investor’ e-visa
Okaz/Saudi Gazette JEDDAH — Saudi Arabia has launched business visit electronic visa namely ‘visiting investor.’ The new visa service, which was launched by the Ministry of Foreign Affairs, in cooperation with the Ministry of Investment, aims to facilitate the foreign investor’s trip to Saudi Arabia to personally explore the investment opportunities in the Kingdom.The Ministry of Foreign Affairs said that the method of obtaining the visa service is by applying for a business visit visa through the unified national platform for visas, with easier and simplified electronic procedures. The ministry stated that the application will be processed and the visa will be issued instantly before sending it to the investor via e-mail.According to the ministry, the beneficiaries of the service...
June 08, 2023

Saudi Arabia launches ‘Visiting investor’ e-visa

Saudi Arabia strongly condemns sabotage of its embassy building by armed groups in Sudan
Saudi Gazette report RIYADH — Saudi Arabia’s Ministry of Foreign Affairs strongly condemned on Wednesday the sabotage and tampering carried out by some armed groups in the Kingdom’s embassy building and its annexes in Khartoum, capital of Sudan. The ministry also voiced its denunciation over the sabotage of the residence and properties of Saudi staff working in the embassy, the Saudi Press Agency reported on Thursday.The ministry also expressed the Kingdom’s total rejection of all forms of violence and sabotage on diplomatic missions and representations. It also stressed the importance of confronting these armed groups that are trying to undermine the return of security and stability to Sudan and its brotherly people.The Sudanese army confirmed last month that the circumstances of...
June 08, 2023

Saudi Arabia strongly condemns sabotage of its embassy building by armed groups in Sudan

E-integration of Public Prosecution and Commerce Ministry completed
Saudi Gazette reportRIYADH — Saudi Arabia's Public Prosecution and the Ministry of Commerce have completed the electronic integration process between the two government entities. This move comes in line with the objectives of the Kingdom's Vision 2030. The two sides aim to improve the operational procedures and raise their effectiveness within the framework of their constant endeavor to develop a joint legal framework and work system The Public Prosecution and the Ministry of Commerce also aim to improve the procedures in a way that contributes to the economic and commercial development of Saudi Arabia, as well as to achieving economic security and combating crimes, such as money laundering, cover-up, commercial fraud, crimes related to corporate systems and commercial data,...
June 08, 2023

E-integration of Public Prosecution and Commerce Ministry completed

Director-General of the Foreign Ministry Branch in Makkah Region, Mazen bin Hamad Al-Hamali, and Iran's Deputy Foreign Minister for Consular Affairs Ali Reza Bekdli, as well as Iranian Chargé d’Affairs Hassan Zarnegar attended the opening ceremony on Wednesday.
Iranian consulate in Jeddah reopens after 7 years
Saudi Gazette reportJEDDAH — Iran reopened its consulate general in Jeddah on Wednesday.The reopening of the mission, which was closed seven years ago, came as an extension of the implementation of a Chinese-brokered agreement signed by Saudi Arabia and Iran last March to resume diplomatic relations.The opening ceremony was attended by the Director-General of the Foreign Ministry Branch in Makkah Region, Mazen bin Hamad Al-Hamali, and Iran's Deputy Foreign Minister for Consular Affairs Ali Reza Bekdli, as well as Iranian Chargé d’Affairs Hassan Zarnegar.Iran opened its embassy in the Diplomatic Quarter in Riyadh on Tuesday.Earlier, Nasser Kanaani, spokesman for the Iranian foreign ministry, said in a statement that the embassy in the Saudi capital Riyadh and the consulate general,...
June 08, 2023

Iranian consulate in Jeddah reopens after 7 years

Minister of State Adel Al-Jubeir meets with Canadian official Robert Oliphan in Riyadh on Wednesday.
Al-Jubeir, Oliphant review Saudi-Canada relations
Saudi Gazette report RIYADH — Minister of State for Foreign Affairs, Member of the Cabinet and Envoy for Climate Affairs Adel Al-Jubeir met with Robert Oliphant, Parliamentary Secretary to the Minister of Foreign Affairs of Canada in Riyadh on Wednesday. During the meeting, the two sides reviewed the relations between Saudi Arabia and Canada. The latest developments in the region and several topics of common interest were also discussed. The meeting was attended by the Director General of the Minister's Office Ambassador Khalid bin Musaed Al-Anqari,
June 08, 2023

Al-Jubeir, Oliphant review Saudi-Canada relations

Crown Prince, Putin discuss bilateral relations
JEDDAH — Crown Prince and Prime Minister Mohammed bin Salman received on Wednesday a telephone call from Russian President Vladimir Putin.During the call, they discussed relations between the two countries and ways to develop them in different fields. They also exchanged views on several issues of mutual interest. — SPA
June 08, 2023

Crown Prince, Putin discuss bilateral relations

Minister of Foreign Affairs Prince Faisal Bin Farhan Bin Abdullah participated Wednesday in the GCC-US Joint Ministerial Meeting on Strategic Partnership in Riyadh.
Prince Faisal participates in GCC-US meeting on strategic partnership
RIYADH — The Minister of Foreign Affairs Prince Faisal Bin Farhan Bin Abdullah participated Wednesday in the GCC-US Joint Ministerial Meeting on Strategic Partnership.The meeting brought together the foreign ministers of the GCC countries and the United States of America at the headquarters of the Secretariat General of the Gulf Cooperation Council (GCC) in Riyadh.During the meeting, the foreign ministers discussed enhancing and developing joint Gulf work in various fields and intensifying the GCC-US action and coordination on multiple regional and international issues.The discussions also encompassed political and security matters of concern to the GCC countries and the United States of America.Moreover, the participants at the meeting engaged in dialogue regarding efforts to reach...
June 07, 2023

Prince Faisal participates in GCC-US meeting on strategic partnership

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