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The Saudi–U.S. Investment Forum 2025, to be hosted by the Saudi Ministry of Investment, marks a pivotal moment in Saudi American bilateral economic relations, aligning with the Kingdom’s Vision 2030 agenda.
Saudi Arabia, US deepen trade and investment ties with $54 billion in FDI in 2023
Saudi Gazette report RIYADH — Saudi Arabia and the United States are reinforcing nearly a century of strategic partnership with expanded trade and investment collaboration, as is expected to be highlighted by the Saudi–U.S. Investment Forum 2025, which will be held in Riyadh on May 13. The forum, to be hosted by the Saudi Ministry of Investment, marks a pivotal moment in bilateral economic relations, aligning with the Kingdom’s Vision 2030 agenda.In 2024, trade between the two nations reached $32.5 billion, with Saudi Arabia exporting $12.8 billion in goods to the U.S., including nearly $3 billion in non-oil products. The Kingdom’s top exports included mineral products ($10 billion), fertilizers ($830 million), and organic chemicals ($526 million). Conversely, the United States...
May 12, 2025

Saudi Arabia, US deepen trade and investment ties with $54 billion in FDI in 2023

Saudi Arabia joins Ramsar Convention to protect wetlands and biodiversity
Saudi Gazette reportRIYADH — Saudi Arabia, represented by the National Center for Wildlife (NCW), has officially joined the Ramsar Convention on Wetlands, marking a major milestone in its efforts to conserve environmental resources, natural habitats, and biodiversity while advancing environmental sustainability and supporting the national economy. The Kingdom’s accession reflects the NCW’s leadership in developing comprehensive plans for wetland protection, including support for scientific research, monitoring, and ecosystem conservation. The center is coordinating with national partners to implement the Convention’s provisions across the country. By joining Ramsar, Saudi Arabia aims to identify and manage sites eligible for the Ramsar List of Wetlands of International Importance...
May 12, 2025

Saudi Arabia joins Ramsar Convention to protect wetlands and biodiversity

Trump's visit reinforces pivotal Saudi role as hub of regional decision-making and key player in global stability
Saudi Gazette report RIYADH — Air Force One will land in the Saudi capital Riyadh on Tuesday, May 13, carrying US President Donald Trump on the first official foreign visit of his second term in the White House. This visit is an indication of the advanced geopolitical position that Saudi Arabia and the Gulf states now enjoy, not only as a pivotal player in the region's stability, but also due to their economic weight and reformist tendencies.Trump will meet Saudi Crown Prince and Prime Minister Mohammed bin Salman on the first day of his visit and is then expected to attend a summit of Gulf leaders on Wednesday May 14, before travelling to Qatar that same day, and then ending his three-day trip in the United Arab Emirates on May 15. Saudi Arabia was also the first country that Trump...
May 12, 2025

Trump's visit reinforces pivotal Saudi role as hub of regional decision-making and key player in global stability

Black gold and bonds: The Saudi-American oil alliance that shaped a nation
Saudi Gazette reportDHAHRAHN — In 1933, a historic agreement between Saudi Arabia and Standard Oil of California (Socal) marked the beginning of a partnership that would reshape the Kingdom’s future and elevate it to global energy prominence.The oil concession granted to Socal laid the foundation for a development boom and long-term economic transformation, setting Saudi Arabia on a path from a desert kingdom to an energy superpower.This landmark deal led to the creation of the California Arabian Standard Oil Company (CASOC), a joint venture dedicated to exploring for oil in the Kingdom’s vast and untapped deserts.Initial efforts were met with little success, but persistence paid off. In 1937, Socal’s chief geologist Max Steineke, a pivotal figure in the enterprise, urged the team...
May 12, 2025

Black gold and bonds: The Saudi-American oil alliance that shaped a nation

Saudi Arabia’s representative Sarah Al-Quba speaking at the Third Preparatory Committee for the 2026 NPT Review Conference, held in New York from April 28 to May 9.
Saudi Arabia reaffirms right to peaceful nuclear energy under NPT framework
Saudi Gazette reportNEW YORK — Saudi Arabia reiterated its firm position that the Treaty on the Non-Proliferation of Nuclear Weapons (NPT) guarantees the right of states parties to develop, produce, and use nuclear energy for peaceful purposes, including the exploitation of national natural resources under conditions of safety and security.The Kingdom’s statement came during the Third Preparatory Committee for the 2026 NPT Review Conference, held in New York from April 28 to May 9.Speaking at the session, Saudi Arabia’s representative Sarah Al-Quba’a emphasized the Kingdom’s commitment to its national atomic energy policy, which is centered on the peaceful use of nuclear technologies and the advancement of its national atomic energy project."Saudi Arabia cooperates with the...
May 12, 2025

Saudi Arabia reaffirms right to peaceful nuclear energy under NPT framework

Crown Prince launches HUMAIN, new PIF-owned AI company to drive global innovation
Saudi Gazette reportRIYADH — Crown Prince Mohammed bin Salman, Prime Minister and Chairman of the Board of Directors of the Public Investment Fund (PIF), on Monday announced the launch of HUMAIN, a new PIF-owned company focused on artificial intelligence.HUMAIN will operate as a unified AI entity, investing across the entire AI value chain.The company will offer a comprehensive range of services and solutions including advanced AI models, multimodal Arabic large language models (LLMs), next-generation data centers, cloud capabilities, and infrastructure to support AI deployment across sectors.Chaired by the Crown Prince, HUMAIN aims to enhance human capabilities and unlock new opportunities in the digital economy, serving both regional and global markets.The launch aligns with PIF’s...
May 12, 2025

Crown Prince launches HUMAIN, new PIF-owned AI company to drive global innovation

Absher carries out over 40 million e-transactions in April
Saudi Gazette report RIYADH — The Ministry of Interior's electronic platform Absher had carried out a total of 40,276,727 electronic transactions during the month of April for beneficiaries through Absher Individuals and Absher Business.The number of transactions completed through the Absher Individuals reached 37,944,315, including 28,575,264 document reviews through the digital wallet available to citizens, residents, and visitors via the Absher app. Meanwhile, the number of transactions on the Absher Business platform reached 2,332,412.The number of transactions executed for the services of the General Directorate of Public Security reached 3,370,723, including 3,280,059 transactions at the General Traffic Department; 2,042,818 transactions at the General Directorate of Passports,...
May 12, 2025

Absher carries out over 40 million e-transactions in April

The Jeddah Mayoralty has begun on Sunday disconnecting electricity and water services from a number of dilapidated buildings in Faisaliah, Al-Rabwah, and Al-Farouq neighborhoods.
Mayoralty begins disconnecting services from dilapidated buildings in three Jeddah neighborhoods
Saudi Gazette report JEDDAH — The Jeddah Mayoralty has begun on Sunday disconnecting electricity and water services from a number of dilapidated buildings in Faisaliah, Al-Rabwah, and Al-Farouq neighborhoods, as part of its ongoing efforts to enhance public safety and protect lives and property.This step came after serving notices to landlords and completing regulatory procedures, giving them sufficient time before implementation begins. This work is being carried out under the supervision of the General Department of Emergency and Crisis Management, in coordination with relevant authorities, as part of a plan to address the condition of dilapidated buildings and mitigate their risks to residents and the urban environment.The mayoralty affirmed its continued efforts to monitor and...
May 12, 2025

Mayoralty begins disconnecting services from dilapidated buildings in three Jeddah neighborhoods

The new initiative allows domestic workers, who have previously been reported as absentees and are still illegally present in Saudi Arabia, to correct their status by transferring their services to other employers after completing the necessary procedures.
Saudi Arabia starts 6-month grace period to correct status of runaway domestic workers
Saudi Gazette report RIYADH — The Saudi Ministry of Human Resources and Social Development announced a six-month grace period for correcting the status of domestic workers, who are reported absent from work (huroob), effective from Sunday, May 11. This grace period will apply only to workers who were reported absent before the date of this announcement.The ministry said that the initiative is part of its efforts to regulate the labor market. It allows domestic workers, who have previously been reported as absentees and are still illegally present in the Kingdom, to correct their status by transferring their services to other employers after completing the necessary procedures.This grace period aims to give domestic workers, who are still staying in the Kingdom after running away from...
May 11, 2025

Saudi Arabia starts 6-month grace period to correct status of runaway domestic workers

According to a recent report published by Saudi Center for Organ Transplantation, the number of people who expressed, through the Tawakkalna app, their wish to donate their organs after death reached 540,346.
1,706 people donate their organs to save others in 2024
Saudi Gazette report RIYADH — The Saudi Center for Organ Transplantation (SCOT) revealed that as many as 1,706 people donated their organs during the year in 2024, and this marks an increase of 4.9 percent compared to the previous year of 2023. These included 1,284 kidney transplants and 422 liver transplants.According to a recent report published by SCOT, the number of people who expressed, through the Tawakkalna app, their wish to donate their organs after death reached 540,346. Last year, 393 organs were transplanted from deceased donors, and this shows an increase of 12.3 percent.The report showed that 203 kidney transplants were performed from deceased donors, in addition to 101 liver transplants, 40 heart transplants, 34 lung transplants, 15 pancreas transplants, 67 cornea...
May 11, 2025

1,706 people donate their organs to save others in 2024

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