Saudi arabia news

Here are some recent news updates from Saudi Arabia:

Economy

• Saudi Arabia's economy is expected to grow by 2.1% in 2023, according to a report by the International Monetary Fund (IMF). (Source: Arab News)
• The Saudi government has announced plans to increase the minimum wage for private sector employees to SAR 4,200 (approximately USD 1,100) per month. (Source: Saudi Gazette)

Energy

• Saudi Arabia has announced plans to increase its oil production capacity to 13 million barrels per day (mb/d) by 2027. (Source: Bloomberg)
• The country has also signed a deal with China to supply 1 million barrels per day of crude oil over the next five years. (Source: Reuters)

Politics

• Saudi Arabia has announced plans to hold municipal elections in 2023, which will be the first time women are allowed to vote and run for office. (Source: Al Jazeera)
• The country has also announced plans to establish a new anti-corruption agency to combat graft and corruption. (Source: Saudi Gazette)

Infrastructure

• Saudi Arabia has announced plans to build a new high-speed rail link between Riyadh and Jeddah, which will reduce travel time between the two cities to just 2.5 hours. (Source: Arab News)
• The country has also announced plans to build a new airport in the city of Neom, which will be one of the largest airports in the world. (Source: Saudi Gazette)

Sports

• Saudi Arabia has been awarded the right to host the 2027 Asian Winter Games, which will be the first time the country has hosted a major international sporting event. (Source: Arab News)
• The country has also announced plans to host the 2024 FIFA Club World Cup, which will be the first time the tournament has been held in the Middle East. (Source: Saudi Gazette)

Culture

• Saudi Arabia has announced plans to establish a new national museum in Riyadh, which will showcase the country's history and culture. (Source: Al Jazeera)
• The country has also announced plans to host a new international film festival in Jeddah, which will feature films from around the world. (Source: Saudi Gazette)