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Saudi News Update: Week 24


A businessman is staying up to date by reading the news on a tablet

This week, the Saudi Central Bank announced that tourism spending has seen an increase of 23 percent in the first quarter of 2024, hitting USD 12 billion.


In other news, the Esports World Cup is set to take place in Riyadh, with another 1,500 esports athletes from across the globe participating.

 

Economy, Budgets and Finance

Arab News: Tourists’ spending in Saudi Arabia up 23% to $12bn. Read here


Arab News: Saudi Arabia keen to get more women in the workforce. Read here


Arab News: Saudi POS spending regains momentum with 48% rise. Read here


Saudi Gazette: Saudi Arabia announces major oil and natural gas discoveries in Eastern Province, Empty Quarter. Read here


Government and Royal Family

Arab News: Riyadh governor receives Sri Lankan ambassador. Read here


Arab News: Saudi housing minister concludes official visit to Turkiye. Read here


Arab News: Saudi crown prince holds talks with US Senator Cory Booker in Jeddah.  Read here


Defence and Security

Arab News: Saudi Arabia participates in nuclear conference. Read here


Al Arabiya: Saudi defence firm SAMI signs 3 MOUs with Turkish companies. Read here


Commercial

CNN: Trump Tower is coming to Saudi Arabia. Read here


Arab News: Saudi Arabia developing concrete that absorbs carbon dioxide ultrafast. Read here


Arab News: Saudi Arabia to turn 3m tonnes of waste into fuel annually with new management project. Read here


Social

Saudi Gazette: Saudi Arabia prepares for Esports World Cup: Local stars share their excitement.  Read here


Arab News: Saudi citizenship granted to selection of researchers, innovators, and specialists.  Read here


Arab News: Saudi Arabia and Jordan airdrop food aid to the Gaza Strip.  Read here

 

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