Saudi Arabia News
US-Ukraine talk: Zelensky hopes for ‘practical outcomes’ as Rubio says, ‘not drawing lines on a map’ | Key updates
Secretary of State Marco Rubio announced that the US-Ukraine meeting in Saudi Arabia aims to clarify concessions for a ceasefire with Russia, while emphasizing the need for Ukraine’s commitment to diplomacy.
2 min read11 Mar 2025‘No Israel normalisation without Palestinian state,’ says Saudi Arabia
Saudi Arabia said it will not formalize relations with Israel without establishing a Palestinian state, emphasizing East Jerusalem as its capital. The foreign ministry responded to Israeli PM Netanyahu’s optimism about normalization amidst ongoing Gaza conflict and US support for diplomatic ties.
3 min read5 Feb 2025Saudi Arabia’s Neom Megacity Using 20% of Total Steel in the World | All About Neom City
Saudi Arabia’s megacity ’Neom’ is currently using 20% of all the steel in the world. The $1.5 trillion project, envisioned by Crown Prince Mohammed bin Salman, seeks to create a city that redefines urban living and sets a new standard for cities of the future. The project’s goals include attracting foreign visitors, modernizing the country, creating a model for nature preservation, and enhancing human livability. The city will be powered by renewable energy sources and feature advanced technology and infrastructure. Watch!
18 Oct 2024‘OPEC+ decision to cut oil production favours Russia’; US fumes as oil prices soar
A major oil production cut announcement by OPEC+ countries pushed the global oil prices up by 6% in morning trade. Riyadh along with other major oil producers have announced to cut oil production by 500,000 barrels per day. The voluntary cuts announced by OPEC+ countries will come into effect from May but the markets reacted sharply to the news on Monday. The west Texas intermediate contract jumped 5.7% to 80 dollars a barrel and Brent jumped 5.67% to 84.4 dollars.The cuts announced by OPEC+ will remain in effect till the end of the year. Earlier, OPEC+ had slashed the oil production by two million barrels per day in October. This is the single biggest oil production cut since then.
3 Apr 2023Size of 20 Empire State buildings: Saudi Arabia’s new cube-shaped skyscraper ’The Mukaab’
Mukaab which means cube in Arabic is 400 meters in height, 400 meters in width, and 400 meters in length, and will be the largest inner city buildin
1 min read21 Feb 2023India’s Haj quota restored to its pre-COVID level to 1,75,025 for this year
India’s Haj quota restored to its pre-COVID level after India signed the Haj 2023 bilateral agreement with Saudi Arabia last month
1 min read2 Feb 2023Saudi manager blames Cristiano Ronaldo for Al-Nassr elimination; CR7 taunted with Messi chants
Cristiano Ronaldo had a couple of scoring opportunities during the semi-final game but was unable to take advantage of them.
1 min read28 Jan 2023Saudi Arabia removes restrictions for Hajj pilgrims - Here’s what has changed
Saudi Arabia on Monday removed age restrictions for pilgrims. Minister of Hajj and Umrah Tawfiq Al-Rabiah also said that the number of people participating in this year’s Hajj will return to pre-pandemic levels.
1 min read10 Jan 2023Did Saudi govt ‘infiltrate’ Wikipedia to ‘control content’? All you need to know
Activists allege that the Saudi administration infiltrated Wikipedia and arrested the two officials (in 2020) in a bid to control the contents of the site. They also recruited the organization’s highest-ranked administrators to serve as government agents.
1 min read6 Jan 2023Saudi Arabia cuts oil prices for Asia and Europe as demand slows
State-controlled Saudi Aramco reduced prices for all types of crude that will be shipped to Asia in February
1 min read6 Jan 2023Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared