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Saudi Arabia supported in March this year another resolution at the UN General Assembly in line with its principled position supporting international law, the UN Charter, and the sovereignty and territorial integrity of states, including Ukraine.
Saudi Arabia exerting all-out efforts for peaceful resolution of conflict in Ukraine
Saudi Gazette report WASHINGTON — Saudi Arabia’s vote for the United Nations General Assembly resolution on Oct. 12 condemning the annexation of four Ukrainian regions is the latest example of the Kingdom’s firm position on peaceful resolution of the conflict in Ukraine, according to Princess Reema bint Bandar, Saudi Arabia’s ambassador to the United States.In a phone call with Ukrainian President Volodymyr Zelenskyy on Oct. 14, Crown Prince and Prime Minister Mohammed bin Salman emphasized that the Kingdom’s vote for the resolution condemning the annexation emanates from its commitment to the deep-rooted principles in the UN Charter and international law, and its commitment to the respect of the state sovereignty and the principles of good neighborliness, in addition to...
October 19, 2022

Saudi Arabia exerting all-out efforts for peaceful resolution of conflict in Ukraine

 Minister of Industry and Mineral Resources Bandar Bin Ibrahim Al Khorayef inaugurates in Riyadh Wednesday “Future Factories” initiative and the accompanying exhibition.
Al Khorayef inaugurates ‘Future Factories’ initiative and the accompanying exhibition
RIYADH — Minister of Industry and Mineral Resources Bandar Bin Ibrahim Al Khorayef inaugurated here Wednesday “Future Factories” initiative and the accompanying exhibition.The Gulf Cooperation Council (GCC) Secretary-General Dr. Nayef Falah Mubarak Al-Hajraf, and the GCC Ministers of Trade and Industry attended the inauguration ceremony.During his speech at the inauguration ceremony, Vice Minister of Industry and Mineral Resources Eng. Osama Bin Abdulaziz Al-Zamil said that the Ministry of Industry and Mineral Resources seeks, through this initiative, to build a long-term future vision.The vision focuses on the future of our economy and our generations, in order to keep pace with the rapid developments in the world. — SPA
October 19, 2022

Al Khorayef inaugurates ‘Future Factories’ initiative and the accompanying exhibition

File picture of Minister of Communications and Information Technology Eng. Abdullah Al-Swaha.
Minister Al-Swaha: Saudi Arabia will produce, export 150,000 electric cars in 2026
Saudi Gazette report RIYADH — Minister of Communications and Information Technology Eng. Abdullah Al-Swaha said on Wednesday that Saudi Arabia will manufacture and export more than 150,000 electric cars in 2026.The US electric vehicle giant Lucid Motors Company aims to produce 150,000 electric cars annually in Saudi Arabia by 2027, he pointed out.CEO and Chief Technology Officer of Lucid Peter Rawlinson said earlier that the EV giant intends to start building a factory very soon in Saudi Arabia. “We plan to start manufacturing cars in 2025 and we will increase production in 2026 and 2027 to reach 150,000 cars annually,” he said.Lucid Motors started construction work of its first overseas electric vehicle factory in Saudi Arabia, Minister of Investment Khalid Al-Falih said in May this...
October 19, 2022

Minister Al-Swaha: Saudi Arabia will produce, export 150,000 electric cars in 2026

File picture of Energy Minister Prince Abdulaziz bin Salman.
Energy minister: Saudi Arabia has an ambitious program as an alternative for oil
Saudi Gazette report RIYADH — Minister of Energy Prince Abdulaziz bin Salman said that Saudi Arabia has an ambitious program to find alternatives for petroleum in the event of a decrease in demand for it in the future through the production of final consumables. He made the remarks on Wednesday while attending a dialogue session on the National Strategy for Industry, launched by Crown Prince and Prime Minister Mohammed bin Salman the previous day. Four ministers attended the session. “We have wasted 40 years during which we could have been like India and China,” he said while emphasizing that the work of ministries individually was ‘over’.Prince Abdulaziz said that Saudi Arabia has a program to make available gas in many regions across the Kingdom, including the delivery of gas...
October 19, 2022

Energy minister: Saudi Arabia has an ambitious program as an alternative for oil

Minister of Energy Prince Abdulaziz bin Salman and Japan’s Minister of Economy, Trade and Industry Yasutoshi Nishimura hold a video conference meeting on Wednesday.
Saudi Arabia, Japan seek oil market stability through dialogue
Saudi Gazette report RIYADH — Minister of Energy Prince Abdulaziz bin Salman and Japan’s Minister of Economy, Trade and Industry Yasutoshi Nishimura underscored the significance of supporting the stability of global oil market by promoting dialogue and cooperation between producing and consuming countries. During a meeting via video conference on Wednesday, the ministers affirmed that they will work to strengthen the bilateral relationship and cooperation between Saudi Arabia and Japan in the field of energy.Prince Abdulaziz and Nishimura stressed the need to ensure the security of supplies for all energy sources in global markets, noting that the Kingdom will continue to be the most reliable partner and exporter of crude oil supplies to Japan.The ministers highlighted the importance...
October 19, 2022

Saudi Arabia, Japan seek oil market stability through dialogue

It is also mandatory to provide the security guards with uniforms in the facility and shall comply with what was stated in the procedural manual for occupational safety and health to prevent the effects of exposure to sun and heat stress.
Forbidden to work for 5 hours continuously
Saudi Gazette reportRIYADH — Minister of Human Resources and Social Development Eng. Ahmed Al-Rajhi issued a decision approving the work environment conditions for the security guards in the Kingdom. According to the terms and conditions issued by the minister, security guards will be prevented from working for five continuous hours without a period for rest, prayer, and food provided that the break is not less than half an hour at a time.aIt is also mandatory to provide the security guards with uniforms in the facility and shall comply with what was stated in the procedural manual for occupational safety and health to prevent the effects of exposure to sun and heat stress.The new terms and conditions will be applicable to establishments and companies that are engaged in employing...
October 19, 2022

Forbidden to work for 5 hours continuously

Minister of Sports Prince Abdulaziz Bin Turki Al-Faisal, chairman of the Diriyah Season, will inaugurate Thursday in the historic Al-Turaif neighborhood, the second edition of the
Prince Abdulaziz to open Diriyah Season 2022 at historic Al-Turaif neighborhood
RIYADH — Minister of Sports Prince Abdulaziz Bin Turki Al-Faisal, chairman of the Diriyah Season, will inaugurate Thursday in the historic Al-Turaif neighborhood, the second edition of the "Diriyah Season 2022", which will be held until Feb. 22, 2023.Before the start of the season; an inaugurating ceremony will be held in the historic Al-Turaif neighborhood at 9:30 p.m. to announce the various international sports and entertainment events and tournaments that will be hosted by the season.The season will have a new identity and vision, as well as various sports, cultural and entertainment events that meet all desires, and with the participation of the sports stars in the world. — SPA
October 19, 2022

Prince Abdulaziz to open Diriyah Season 2022 at historic Al-Turaif neighborhood

The Saudi Central Bank (SAMA) announced that it has opened registration for its Investment Immersion Development Program, which aims to employ and develop local investment professionals.
Registration for SCB’s Investment Immersion Development Program opens
RIYADH — The Saudi Central Bank (SAMA) announced that it has opened registration for its Investment Immersion Development Program, which aims to employ and develop local investment professionals.The program involves intensive theoretical and practical training in various investment fields, including developing expertise in global markets, investment management skills, leadership capabilities, effective communication, and strategic thinking.The central bank clarified that the program was designed in cooperation with the Wharton School at the University of Pennsylvania, one of the globally leading business schools in the United States, and with a number of major global banks and asset management institutions.The program would provide selected candidates with an integrated experience of...
October 19, 2022

Registration for SCB’s Investment Immersion Development Program opens

The Republic of Iraq confirms that OPEC  oil production quotas is attached to market stability and requirements.
Iraq reiterates support for OPEC+ decisions
BAGHDAD — The Republic of Iraq confirms that OPEC+ oil production quotas is attached to market stability and requirements.In a statement, the Iraqi Foreign Ministry said that it is following the responses of OPEC+ decision on oil production cuts and its repercussions.It added that the approach adopted within the group reflects a technical vision attached to oil market stability and requirements, regulating the offer and demand process and protection of producers and consumers alike.The statement added that the ministry rejects any policy aiming to mount pressure and supports the cartel's position, particularly the Kingdom of Saudi Arabia.In this regard, the ministry called for the necessity of addressing every dispute concerning this issue through natural means and in the context of...
October 19, 2022

Iraq reiterates support for OPEC+ decisions

Ministry of Culture to organize Jeddah Heritage Festival in December
Saudi Gazette reportRIYADH — The Ministry of Culture is making preparations to organize the Jeddah Heritage Festival during the period from December 2 to 18 this year in the city of Jeddah.The festival will be held as part of the Quality of Life Program, one of the programs to achieve the Kingdom’s Vision 2030. The festival is featuring the heritage, historical and cultural character of Jeddah city through the celebration of the cultural depth of the city and its inhabitants.The cultural, social, and commercial ethos of the city throughout history will be showcased in the festival. The ministry is keen on celebrating the national heritage of Jeddah with a highlight on the historical and cultural elements that Jeddah experienced throughout the ages.The Heritage Festival will showcase...
October 19, 2022

Ministry of Culture to organize Jeddah Heritage Festival in December

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