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His Highness the Deputy Amir Sheikh Abdullah bin Hamad Al-Thani sent on Monday a cable of congratulations to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud of the sisterly Kingdom of Saudi Arabia on the occasion of his country's National Day.

Es'hailSat, the Qatar Satellite Company, has signed joint cooperation and strategic partnership agreements with both Saudi Netlink and EgyptSat, separately, for the purpose of providing joint satellite services across both their customer base located in Saudi Arabia, Egypt and spread across the Middle East and North Africa region.In its statement, Es'hailSat said that these partnerships allow the customers of these companies to leverage the combined satellite services of the companies as well as the ground infrastructure that brings with it the latest technologies in satellite communications and VSAT technology."Es'hailSat is delighted to enter into this Memorandum of Understanding with Saudi Netlink that combines the satellite and ground segment strength of both companies in the best interest of all our customers," said President and CEO of Es'hailSat Ali bin Ahmed Al Kuwari.On signing the agreement with EgyptSat, Ali bin Ahmed Al Kuwari said, "We are witnessing a rapid growth of the economies in the Middle East and North Africa region, together with global sporting events, and this has led to growing demand from our commercial, government and defense customers." In order to best serve these and remain competitive in the global landscape, we welcome this partnership with EgyptSat and believe that when it comes to our satellite services, the whole will be greater than the sum of the parts.These partnerships stand to benefit a diverse set of customers across applications such as VSAT communications, enterprise connectivity, telecommunications, and other digital services.Both Saudi Netlink and EgyptSat will extend their cooperation with Es'hailSat into areas such as training, pricing, and collaborating with each other as preferred partners.Es'hailSat, the Qatar Satellite Company, incorporated in 2010, provides satellite, broadcast, teleport, and managed services. Strategically located in Doha, Qatar, its coverage extends across the Middle East and North Africa, delivering critical communication solutions to broadcasters, telecommunications providers, enterprises, and government entities.The two satellites, Es'hail-1 and Es'hail-2, are co-located at the 25.5°/26°E orbital position. Complementing this orbital infrastructure is a 50,000 sqm Tier-4 certified teleport facility, enabling the delivery of reliable, secure, and high-performance connectivity services.

The Kingdom of Saudi Arabia Friday expressed its strong condemnation and denunciation of the aggressive statements made by the Israeli Prime Minister against the State of Qatar.In a statement, the Saudi Ministry of Foreign Affairs reiterated its solidarity with the State of Qatar in its measures, stressing that these aggressive statements and practices by the Israeli occupation authorities and their grave and serious violations of international laws and norms require the international community to continue taking effective measures to put an end to these destructive Israeli policies in the region.

The Kingdom of Saudi Arabia condemned and denounced in the strongest terms the brutal Israeli aggression and blatant violation of the sovereignty of the State of Qatar, affirming its full solidarity and support for Qatar, and deploying all its capabilities to support it in all measures it may take.In a statement on Tuesday, the Kingdom of Saudi Arabia warned of the dire consequences of the Israeli occupation's continued criminal aggression and its blatant violation of the principles of international law and all international norms.The Kingdom urged the international community to condemn this heinous attack and put an end to Israeli violations that undermine the security and stability of the region.

HH the Amir Sheikh Tamim bin Hamad Al-Thani met in his office at the Amiri Diwan on Tuesday morning with Ambassador of the sisterly Kingdom of Saudi Arabia to the State of Qatar, Mansour bin Khalid bin Abdullah Al-Farhan Al-Saud, who called on His Highness to greet him on the occasion of the end of his tenure in the country. HH the Amir granted the Al Wajbah Decoration to the Saudi Ambassador in recognition of his efforts to strengthen bilateral relations between the two countries, wishing him success in his future missions, and the relations between the two countries further development and progress. For his part, the Saudi Ambassador expressed his thanks and appreciation to HH the Amir and to the state officials for the cooperation he received that contributed to the success of his work in the country.

HE Secretary-General of the Ministry of Foreign Affairs Dr. Ahmed bin Hassan Al Hammadi met on Monday with HH Ambassador of the Kingdom of Saudi Arabia to the State of Qatar, Prince Mansour bin Khalid bin Abdullah Al-Farhan Al-Saud, on the occasion of the end of his tenure in the country.HE the Secretary-General of the Ministry of Foreign Affairs thanked HE the Ambassador for his efforts in enhancing and promoting bilateral relations, wishing him success in his new duties.

HE the Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim al-Thani met Sunday with Ambassador of the Kingdom of Saudi Arabia to Qatar Prince Mansour bin Khalid bin Abdullah al-Farhan al-Saud, on the occasion of the end of his tenure in the country.During the meeting, HE the Prime Minister and Minister of Foreign Affairs wished the Saudi ambassador success in his future assignments, and further progress and prosperity for relations between the two countries.

Saudi Arabia's Permanent Representative to the UN, ambassador Abdulaziz al-Wasil, presented an oral draft resolution during Saturday's session of the UN General Assembly on behalf of Saudi Arabia and France.The resolution pertained to the resumption of the High-Level International Conference for the Peaceful Settlement of the Question of Palestine and the Implementation of the Two-State Solution. It was adopted by consensus without a vote.Ambassador al-Wasil reaffirmed the shared commitment of Saudi Arabia and France to upholding international law and implementing relevant UN resolutions, highlighting that the key objectives of the conference include the protection of international legitimacy and taking practical steps toward achieving lasting peace in the Middle East region.On July 28, 2025, the aforementioned conference kicked off at the headquarters of the UN General Assembly in New York, co-chaired by Saudi Arabia and France.It primarily aimed to bring the occupation to an end and to support the establishment of a sovereign and independent Palestinian state.

Saudi Arabia’s battered stock market is looking increasingly attractive to foreign investors because of rock-bottom valuations and bets that the oil price won’t drop much further.Investors from beyond the Arabian Gulf accounted for 41% of total Saudi equities buying in the week ended August 28, one of the highest ratios on record, according to Saudi stock exchange data compiled by Bloomberg Intelligence.The flows signal that a rush of reforms making it easier for foreigners to buy Saudi stocks is working. For the time being, however, risks still have the upper hand with the Tadawul All Share Index down 11% year to date and domestic investors on the retreat, along with crude prices.Nishit Lakhotia, head of research at SICO Bank, said stock investors are currently pricing in a “worse-case scenario” for the Saudi market, which he expects to bottom out shortly, unless oil drops below $60 a barrel — which would amount to a roughly 10% drop from current levels.“We believe the momentum is still there in the economy, which does not warrant such depressed valuations,” he said. “While it’s hard to predict when exactly the market can turn, there will likely be a point — sooner than later — when smart investors will start buying.”The slump has made Saudi stocks look relatively attractive, with the benchmark index near the lowest price-to-earnings multiple in more than five years. Junaid Ansari, director of investment strategy and research at Kamco Investment Co, expects a sharp turnaround in sentiment from the fourth quarter, when investors start making allocations for 2026.“The Saudi market is an oversold market,” said Ansari. While foreigners have largely been net buyers, “the sellers are mainly institutions in Saudi Arabia which we believe are selling to focus on other investment opportunities in the Kingdom,” he said.Nevertheless, the weak oil market is weighing down Saudi assets. Brent crude is trading around $66 per barrel, well below the nation’s fiscal breakeven price of $94, according to Bloomberg Economics. If domestic investments by the kingdom’s sovereign wealth fund are included, the figure rises to $111.While foreigners accounted for about 35% of all Saudi stock purchases in August, continuing a strong trend, daily turnover on the market has dropped to the lowest level since 2023. This means that international investors are grabbing a bigger slice of a smaller pie.Still, the gloom over the kingdom’s stocks may be over-hyped, especially as a negative perception of earnings is in large part based on giants, such as Saudi Arabian Oil Company and Saudi Basic Industries Corp.Excluding Aramco and Sabic, Saudi stocks are showing roughly 7% profit growth, Kamco’s Ansari said. Even as the Tadawul index has declined, owners of Saudi National Bank and Saudi Telecom Co shares have seen 11% and 13% returns, respectively, so far this year.“Although earnings growth for 2025 and 2026 is among the lowest across emerging markets, valuations have become more attractive,” said Nenad Dinic, an emerging-markets equity strategist at Bank Julius Baer & Co Ltd.

Al Rayyan Sports Club Thursday officially announced the signing of Serbian international striker Aleksandar Mitrovic from Saudi Arabian giants Al Hilal. The high-profile move comes as part of Al Rayyan’s efforts to strengthen their squad ahead of the new football season.In a statement, Al Rayyan expressed their appreciation to Al Hilal and its board of directors, headed by His Highness Prince Nawaf bin Saad Al Saud, for their cooperation in completing the transfer. The club described the deal as a significant step in building a competitive team capable of challenging for top honours.Mitrovic, 29, is considered one of the most prominent goal scorers of his generation. Known for his physical presence, aerial ability, and clinical finishing, the Serbian forward brings with him a wealth of experience from top leagues across Europe and Asia, as well as the international stage.The striker began his professional career at Partizan Belgrade, where he won the Serbian league title. He later moved to Anderlecht in Belgium, shining as the league’s top scorer and helping the club win the Pro League title. Mitrovic then made the switch to England, playing for Newcastle United in the Premier League, before enjoying his most prolific spell at Fulham, where he became the club’s top scorer and played a key role in securing promotion to the top tier.Before joining Al Rayyan, Mitrovic spent a successful stint with Al Hilal in Saudi Arabia, where he won a domestic treble the Saudi Pro League, the King’s Cup, and the Saudi Super Cup. His individual numbers have been equally impressive across all clubs he has represented.At Al Hilal, Mitrovic scored 68 goals and provided 15 assists in 79 appearances. During his time at Fulham, he netted 97 goals in 173 matches, and he scored 44 goals in 90 games for Anderlecht. On the international stage, he is the all-time leading scorer for the Serbian national team, with 62 goals in 100 appearances.

Saudi Arabia sharply revised up its 2024 foreign direct investment, with new data showing it attracted a near-record sum from overseas investors. The kingdom said FDI reached 119bn riyals ($31.7bn) last year, almost 37% more than it previously reported.That matched the 2022 level and was just shy of the record $32.5bn in 2021, according to official data. Saudi Arabia has yet to explain where the revision came from, but the new tally shows it surpassed its annual target for last year.It also suggests the kingdom is gaining ground in attracting foreign partners to support Crown Prince Mohammed bin Salman’s plans to diversify the economy. The need for inflows is growing as the government sustains high levels of spending while crude prices fall and oil export revenues weaken.Its goal is to draw in about $100bn annually, more than triple what it has ever done, by the end of the decade. “The fact that the inflow was again above target is positive,” said Monica Malik, chief economist at Abu Dhabi Commercial Bank PJSC. “However, given the lower oil price, FDI inflows need to be significantly higher to support the transformation programme.” Last year’s inflows were driven by investments in manufacturing, wholesale and retail trade, and construction.Financial services and insurance also saw strong activity. The United Arab Emirates remained the leading source of foreign investments for a fourth year, while inflows from Germany and the US more than tripled from a year earlier. Hong Kong accounted for $2bn, a more than ten-fold increase from 2023.Flows from France and Spain slumped. Saudi Arabia sees foreign investment as key to training its young population, developing new industries and easing the government’s spending burden under the Vision 2030 economic transformation programme. FDI inflows amounted to $6.4bn in the first quarter of this year, according to preliminary data.

The third edition of the annual Qatar Real Estate Forum will see the participation of Saudi Arabia with several government entities involved in the real estate sector, in a step aimed at promoting integration and the exchange of expertise between the two countries.While addressing a press conference on Tuesday, engineer Khalid bin Ahmed al-Obaidli, president of the Real Estate Regulatory Authority (Aqarat) said Saudi Arabia will be the guest of honour at the event to realise a strategic partnership with Qatar.Under the patronage of HE the Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim al-Thani, the forum will be held on October 14-16 at the Doha Exhibition and Convention Centre (DECC) in conjunction with the Cityscape Qatar.Organised by Aqarat the event will address pivotal issues to foster the sector's growth. The first topic focuses on the Government’s Role in the sector highlighting legislation and policies that ensure a safe and stimulating investment environment.The second topic will be dedicated to Real Estate Technology (PropTech) showcasing the latest digital solutions aimed at enhancing transparency and efficiency. The third topic will address the Investor's Journey offering key guidance to enable investors to maximise available opportunities and streamline procedures. In its fourth topic, the forum will showcase Major and Promising Projects that open new horizons for development and progress in Qatar.Aqarat president noted that this edition builds on the success of previous ones and embodies the ongoing efforts to solidify Qatar's position as a leading real estate and investment destination.The forum serves as an annual platform for investors, experts and real estate developers to explore promising opportunities in the Qatari real estate market, enhance confidence in the sector and foster collaboration among various stakeholders thereby supporting the development path aligned with the goals of Qatar National Vision 2030.Al-Obaidli explained that Aqarat has developed a comprehensive and integrated media plan for this edition in addition to launching the forum's official website.The press conference also featured the signing of official sponsorship agreements. Qatar Investment Authority is the official sponsor. Qatari Diar, Barwa Real Estate Company, United Development Company and Qetaifan Projects are platinum sponsors. Gold sponsors are Al Waab City and GMG Holding. Lesha Bank is media sponsor. Qatar Living and Ain Riyadh are media partners.