Saudi Crown Prince and Putin Reaffirm Energy Cooperation in High-Level Call on Global Stability Saudi Crown Prince Mohammed bin Salman held a telephone conversation on Tuesday with Russian President Vladimir Putin, during which the two leaders reviewed bilateral relations and discussed cooperation aimed at maintaining stability in global energy markets. According to the Saudi Press
Saudi Arabia’s Non-Oil Economy Maintains Momentum as PMI Signals Continued Expansion RIYADH — Saudi Arabia’s non-oil private sector continued to show strong expansion at the start of 2026, underscoring the resilience of the Kingdom’s economic diversification drive, according to the latest Purchasing Managers’ Index data released by S&P Global. The Riyad Bank PMI, compiled by
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Foreign Buying of Saudi Stocks Hits $1.33bn Ahead of February Rule Change RIYADH — Foreign investors made net purchases of approximately SR5 billion ($1.33 billion) in Saudi equities during January, marking the strongest monthly inflows since 2022 and underscoring rising global confidence ahead of a major regulatory shift in the Kingdom’s capital markets. The surge
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Finance Minister Announces Launch of National Privatization Strategy RIYADH — Saudi Arabia’s Minister of Finance and Chairman of the National Center for Privatization Mohammed bin Abdullah Al-Jadaan has announced the launch of the Kingdom’s National Privatization Strategy, marking a new phase in the country’s economic reform agenda. Al-Jadaan said the Council of Economic and Development
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Saudi Arabia Leads GCC Markets in January: Kamco Invest RIYADH — Saudi Arabia led equity market gains across the Gulf in January, as regional bourses outperformed most global benchmarks on the back of earnings optimism and strong non-oil growth expectations, according to a new analysis by Kamco Invest. In its latest report, Kamco Invest said
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Closing Bell: Saudi Main Index Extends Gains as Market Opens Wider to Foreign Investment RIYADH — Saudi Arabia’s stock market closed firmly higher on Monday, with the benchmark Tadawul All Share Index extending gains as investor sentiment strengthened amid broader market participation and growing foreign investment access. The main index advanced 153.61 points, or 1.38
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UAE President Speaks With King Abdullah II on Regional Cooperation ABU DHABI — UAE President Sheikh Mohamed bin Zayed Al Nahyan held a telephone conversation on Sunday with King Abdullah II bin Al Hussein, during which the two leaders discussed strengthening bilateral cooperation and addressing pressing regional developments. According to an official statement, the call
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Egypt, Saudi Arabia Stress Urgency of Reaching a Humanitarian Truce in Sudan CAIRO — Egypt and Saudi Arabia have underscored the urgent need for a humanitarian truce in Sudan, amid continuing violence and mounting regional concerns, according to a statement released by the Egyptian Foreign Ministry on Sunday. During a phone call, Egyptian Foreign Minister
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Satisfaction Rate for Services Surpasses 90% Among 19.5 Million Foreign Hajj and Umrah Pilgrims in 2025 JEDDAH — Saudi Arabia recorded a major milestone in pilgrim services in 2025, with satisfaction levels exceeding 90 percent among more than 19.5 million foreign Hajj and Umrah pilgrims, reflecting the Kingdom’s continued transformation of the pilgrimage experience under
In Sudan’s Old Port of Suakin, Dreams of a Tourism Revival Endure SUAKIN, Sudan — On a quiet island in the Red Sea, the ruins of Suakin whisper stories of prosperity, pilgrims, and global trade. Once known as the “White City” for its luminous coral-stone architecture, the ancient Sudanese port now stands as both a
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