Latest Saudi News

Saudi Arabia: Cultural festival opens for all nationalities in Jubail

The Royal Commission for Jubail opened a cultural festival, called “The Nations’ Festival”, at Al-Fanateer waterfront in Jubail on Thursday.

Khaled Al-Shammari, chairman of the festival organizing committee, said: “The Royal Commission is keen to hold this festival to express Jubail’s appreciation to all Arab and non-Arab residents.

“The five-day event aims to strengthen Jubail’s industrial position, attract more investments, and achieve the visions and goals of the industrial city.”

Al-Shammari said that the festival embodied Jubail’s spirit of communication and openness to all cultures, as well as promoting tourism and entertainment for Jubail’s residents and visitors.

Saudi Arabia: Oil output reaches 10.3m barrels per day

Saudi Arabia’s oil production reached 10.3 million barrels per day in March, Petroleum and Mineral Resources Minister Ali Al-Naimi has said. 

“Average daily output hit 10.3 million bpd in March,” Al-Naimi, cited by the Saudi Press Agency, said on Tuesday night.

The minister expects Saudi Arabia production to continue at around 10 million bpd and also expects crude prices to improve.

Saudi Arabia: Mega tourism project in Al-Ahsa on way

A tourism project, on a total area of two million square meters is on the way in Al-Ahsa, chairman of the National Tourism Committee at the Council of Saudi Chambers (CSC), Abdulateef Al-Afaleq, has said.

The project includes a commercial mall, hotel, tourism, recreational and marketing services.

He said Al-Ahsa will witness several tourism projects, investment opportunities in Al-Uqair beach, as well as sophisticated tourist events, along with the establishment

Saudi Arabia: Tourism sector surges 2.14%

The Saudi stock market continued its positive movement, marking another reasonable gain of 0.56 percent. 

The benchmark Tadawul All-Share Index closed at 8,851.83, up 49.47 points on Wednesday. 

Large cap index outperformed with 0.93 percent positive change, the GulfBase said in its market commentary. 

The market leader Saudi Basic Industries Corp. (SABIC) outdid rest of its heavyweight peers, advancing 2.89 percent and closing at SR84.84. Almarai Co. also rose more than two percent, closing at SR87.48.

Important Information and Facts about Saudi Arabia

No other country in the world is as misunderstood as the Kingdom of Saudi Arabia, and perhaps no other country – rich with culture, heritage, and natural beauty – is as worthy of a visit.

It is more than a harsh desert (though the sands it does boast include the Empty Quarter, a beautiful expanse of undulating dunes unlike anywhere in the world), it is a country with many areas of beautiful oases and dramatic mountain-tops and beaches.

This page provides a brief introduction to various aspects of the Kingdom of Saudi Arabia.