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Saudi News Update: Week 5


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

This week the much-anticipated World Defence Show begins in Riyadh. There will be over 750 exhibitors from 65 countries a 25% increase from 2022.


With nearly $8 billion worth of orders and agreements in 2022 this year is on track to surpass this figure. In addition, a new UK visa-free travel waiver will come into effect on 22nd February for GCC nationals.


Economy, Budgets and Finance

Al Arabiya:  World Defence Show 2024: The second edition of the Saudi trade show kicks off. Read here

Al Arabiya: UK’s visa-free travel for GCC citizens: Everything you need to know. Read here


Saudi Gazette: IMF raises Saudi Arabia's economic growth forecast for 2025 to 5.5%. Read here


Government and Royal Family

Arab News:  Minister meets Finnish member of parliament in Riyadh. Read here


Al Arabiya:  Blinken discusses upcoming travel, regional conflict with Saudi foreign minister. Read here


Defence and Security

Arab News: Saudi defence minister holds bilateral meetings during counterterrorism talks in Riyadh. Read here


Commercial

Saudi Gazette: SR200 million is minimum limit for public-private partnership project. Read here


Saudi Gazette: General Authority for Foreign Trade launches workshops to boost Saudi exports. Read here


Saudi Gazette: Crown Prince launches Alat to make KSA global hub for electronics and advanced industries. Read here


Social

Arab News: KSrelief distributes over 4,500 food parcels in Gaza, Sudan, and Afghanistan.  Read here


Al Arabiya: Ronaldo-less Al Nassr beats Messi’s Inter Miami 6-0 in Saudi Arabia.  Read here


 

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