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The General Authority for Statistics report showed that housing, water, electricity, gas, and fuel prices rose by 6.8 percent, driven by an 8.1 percent increase in residential rents, impacted by an 11.9 percent increase in apartment rents.
Inflation remains steady at 2.3% in April
Saudi Gazette report Riyadh — The annual inflation rate in Saudi Arabia stood at 2.3 percent in April 2025, maintaining the same rate of the previous month of this year and the same month of 2024. Consumer Price Index or inflation was mainly impacted by an 11.9 percent increase in apartment rents, according to the monthly statistics bulletin published by the General Authority for Statistics (GASTAT) on Thursday. The report showed that housing, water, electricity, gas, and fuel prices rose by 6.8 percent, driven by an 8.1 percent increase in residential rents, impacted by an 11.9 percent increase in apartment rents. The increase in this category had a significant impact on the continued pace of annual inflation in April, given its weight of 25.5 percent.Food and beverage prices rose by...
May 15, 2025

Inflation remains steady at 2.3% in April

Syrian President Ahmad Al-Sharaa addressing the nation.
Al-Sharaa: Mohammed bin Salman has fulfilled his promise on lifting US sanctions
Saudi Gazette report DAMASCUS — Syrian President Ahmad Al-Sharaa said that Saudi Crown Prince and Prime Minister Mohammed bin Salman has fulfilled his promise with regard to lifting of US sanctions on Syria."I visited Riyadh several months ago and met with Crown Prince Mohammed bin Salman. He promised me to do his utmost to seek the lifting of sanctions on Syria. I saw in his eyes and the eyes of his people his great love for Syria and his insightful vision for its economic future," he said in an address to the Syrian people on Thursday.Al-Sharaa hailed US President Donald Trump’s decision to lift sanctions on Syria, describing it as a courageous, historic decision that alleviated the suffering of the people, helped advance their progress, and laid the foundations for...
May 15, 2025

Al-Sharaa: Mohammed bin Salman has fulfilled his promise on lifting US sanctions

Aiman Al-Mudaifer has served as Acting CEO of NEOM since November 2024.
Al-Mudaifer named NEOM CEO after months as acting chief driving progress and efficiency
NEOM — The Board of Directors of NEOM has announced on Thursday the appointment of Eng. Aiman Al-Mudaifer as Managing Director and Chief Executive Officer (CEO), and as a member of the Board.NEOM is Saudi Arabia’s flagship sustainable giga-project under development in the northwest of the Kingdom.Al-Mudaifer has served as Acting CEO since November 2024, focusing on operational continuity, driving efficiencies, and accelerating progress across NEOM’s strategic initiatives and development regions.Bringing a wealth of experience from both public and private sectors, Al-Mudaifer previously led the Local Real Estate Investment Division at the Public Investment Fund (PIF) since 2018, overseeing major growth and transformation.He also serves on the boards of several PIF portfolio...
May 15, 2025

Al-Mudaifer named NEOM CEO after months as acting chief driving progress and efficiency

Saudi Arabia warns of SR20,000 fine and 10-year-ban for unauthorized Hajj entry
Saudi Gazette reportMAKKAH — The Saudi Ministry of Interior has clarified that visit visas of all types and designations, with the exception of the official Hajj visa, do not entitle their holders to perform the Hajj pilgrimage. In an official statement, the Ministry warned that violators attempting to enter or remain in Makkah or the holy sites between the first day of Dhul-Qi’dah and the end of the 14th day of Dhul-Hijjah using visit visas will face a fine of up to SR20,000. The Ministry further stated that all violators — including residents who attempt to perform Hajj without the appropriate permits — will be deported to their countries of origin and banned from entering the Kingdom for 10 years. The Ministry called on all residents, visitors, and citizens to comply strictly...
May 15, 2025

Saudi Arabia warns of SR20,000 fine and 10-year-ban for unauthorized Hajj entry

US President Donald Trump and Saudi Crown Prince and Prime Minister Mohammed bin Salman during Trump's visit to Riyadh on Wednesday.
Trump: No one can break the strong relationship between US and Saudi Arabia
Saudi Gazette report Riyadh — US President Donald Trump reiterated that no one can break the strong relationship between the United States of America and Saudi Arabia. "I have strong relationships with King Salman and Saudi Crown Prince Mohammed bin Salman,” he said.President Trump’s remarks came during his visit to Qatar as part of a three-nation Gulf tour that began with a visit to Saudi Arabia on Tuesday and Wednesday.Addressing the Saudi-US Investment Forum in Riyadh on Tuesday, Trump heaped praise on the Crown Prince for his visionary and dynamic leadership in building Saudi Arabia into a powerful global business hub.Further expressing his admiration for Saudi Arabia's transformation under the leadership of the Crown Prince, the US leader said, "Critics doubted it...
May 15, 2025

Trump: No one can break the strong relationship between US and Saudi Arabia

United States President Donald Trump addressing the US-Gulf Summit in Riyadh on Wednesday.
Trump tells Gulf leaders Iran must stop support of proxy groups
Saudi Gazette report Riyadh — United States President Donald Trump told Gulf leaders on Wednesday that he urgently wants “to make a deal” with Iran to wind down its nuclear program. "Tehran must end its support of proxy groups throughout the region as part of any potential agreement," he said while addressing the US-Gulf Summit in Riyadh on Wednesday.The summit was co-chaired by Saudi Crown Prince and Prime Minister Mohammed bin Salman and Trump. In his opening speech, the Crown Prince reaffirmed the Gulf states' strong partnership with the United States. Iran “must stop sponsoring terror, halt its bloody proxy wars, and permanently and verifiably cease pursuit of nuclear weapons. They cannot have a nuclear weapon," he said.The US and Iran have engaged in four...
May 14, 2025

Trump tells Gulf leaders Iran must stop support of proxy groups

'Maghras: Experimental Farm' expo showcases Saudi innovation at Milan Triennial
Saudi Gazette reportMILAN — The 24th edition of the Milan International Triennale in Italy witnessed the opening of the "Maghras: An Experimental Farm" exhibition, on Tuesday. It is Saudi Arabia's first participation in this international event, under the supervision of curators Lulu Al-Manea and Sarah Al-Omran, and creative director Alejandro Steen.The exhibition highlights the transformation witnessed by the Al-Ahsa region, which is listed as a UNESCO World Heritage Site as one of the largest oases in the world.The exhibition is titled "Maghras," which is a traditional local unit of measurement that refers to the area of ​​land surrounded by four palm trees. The exhibition includes artworks, research findings, and programs that aim to explore the...
May 14, 2025

'Maghras: Experimental Farm' expo showcases Saudi innovation at Milan Triennial

Jeddah Islamic Port receives on Wednesday the first group of pilgrims from Sudan.
Jeddah Islamic Port receives first group of Sudanese Hajj pilgrims
Saudi Gazette report JEDDAH — Jeddah Islamic Port received on Wednesday the first group of pilgrims for the Hajj of 2025, with 1,407 pilgrims on board a ship from Sudan.The Saudi Ports Authority (Mawani) has implemented all necessary measures to ensure operational readiness for receiving pilgrims, aiming to enhance efficiency and performance across all aspects of the Hajj journey, from arrival and reception to baggage handling and onward transportation to the holy cities.This effort is part of an integrated operational plan developed in coordination with relevant authorities and aligned with the broader transportation sector to serve the pilgrims. Mawani is streamlining pilgrim travel this year through three key initiatives: direct luggage transfer, advance shipment handling for smoother...
May 14, 2025

Jeddah Islamic Port receives first group of Sudanese Hajj pilgrims

King Salman Airport Company signs deal with Bechtel to build three new terminals
Saudi Gazette reportRIYADH — King Salman International Airport Development Company, a subsidiary of the Public Investment Fund (PIF), announced the signing of an executive partnership agreement with Bechtel, the global construction and engineering company based in the United States, to develop three new terminals for the new Riyadh airport.This was on the sidelines of the Saudi-US Investment Forum held in Riyadh.Bechtel will undertake to manage the implementation of a new terminal dedicated to commercial airlines, and an additional new terminal numbered 6, in addition to a third terminal dedicated to private aviation, which includes aircraft maintenance facilities.“The company is proceeding according to the set schedule to complete the various executive works related to the buildings...
May 14, 2025

King Salman Airport Company signs deal with Bechtel to build three new terminals

Saudi Foreign Minister Prince Faisal bin Farhan speaks at a press conference following the U.S.-Gulf Summit in Riyadh on Wednesday.
Saudi FM: Lifting U.S. sanctions on Syria was necessary for stability
Saudi Gazette report RIYADH — Saudi Foreign Minister Prince Faisal bin Farhan said on Wednesday that Riyadh is coordinating with Washington on procedural matters to implement the decision to lift U.S. sanctions on Syria, calling the move “necessary for the stability of Damascus.”Speaking at a press conference in Riyadh following the U.S.-Gulf Summit, Prince Faisal welcomed President Donald Trump’s announcement from Riyadh on Tuesday to lift all U.S. sanctions imposed on Syria. He noted that the Kingdom would be among the first to support Syria’s economic recovery. “The trilateral meeting between Crown Prince Mohammed bin Salman, President Trump, and Syrian President Ahmed Al-Sharaa — with the participation of Turkish President Recep Tayyip Erdogan over phone — underscored...
May 14, 2025

Saudi FM: Lifting U.S. sanctions on Syria was necessary for stability

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