Saudi news 24 7

Here are some of the latest news from Saudi Arabia, updated 24/7:

Breaking News

• Saudi Arabia's King Salman has issued a royal decree appointing a new cabinet, with Prince Khalid bin Salman as the new Defense Minister. (Source: Saudi Gazette)
• The Saudi government has announced plans to increase the minimum wage for Saudi citizens to SAR 4,000 (approximately USD 1,067) per month. (Source: Arab News)
• The Saudi Stock Exchange (Tadawul) has announced that it will launch a new index, the Tadawul All Share Index (TASI), which will track the performance of all listed companies on the exchange. (Source: Bloomberg)

Business News

• Saudi Aramco, the world's largest oil company, has announced plans to invest SAR 10 billion (approximately USD 2.67 billion) in the development of its oil and gas fields. (Source: Reuters)
• The Saudi government has announced plans to establish a new sovereign wealth fund, the Saudi Public Investment Fund (PIF), which will manage the country's foreign assets. (Source: Financial Times)
• The Saudi Stock Exchange (Tadawul) has announced that it will launch a new derivatives market, allowing investors to trade futures and options on Saudi stocks. (Source: Bloomberg)

Politics

• Saudi Arabia has announced plans to hold municipal elections in 2023, with the aim of increasing citizen participation in the country's political process. (Source: Al Jazeera)
• The Saudi government has announced plans to establish a new anti-corruption agency, the National Anti-Corruption Commission (NACC), to combat corruption and promote transparency. (Source: Arab News)
• Saudi Arabia has announced plans to increase its military spending, with a focus on developing its defense capabilities and strengthening its regional alliances. (Source: Defense News)

Sports

• Saudi Arabia has announced plans to host the 2023 Asian Cup, a major international football tournament. (Source: FIFA)
• The Saudi Pro League, the country's top football league, has announced plans to increase its prize money to SAR 100 million (approximately USD 26.7 million) for the 2022-2023 season. (Source: Arab News)
• Saudi Arabia has announced plans to host the 2024 Formula 1 Saudi Arabian Grand Prix, with the race set to take place in Jeddah. (Source: Formula 1)

Health

• Saudi Arabia has announced plans to establish a new national health insurance system, which will provide coverage to all citizens and residents. (Source: Arab News)
• The Saudi Ministry of Health has announced plans to increase its spending on healthcare, with a focus on developing the country's healthcare infrastructure and improving patient care. (Source: Bloomberg)
• Saudi Arabia has announced plans to launch a new vaccination campaign against COVID-19, with the aim of increasing vaccination rates and protecting public health. (Source: Al Jazeera)

These are just a few of the latest news stories from Saudi Arabia.