عربي English Türkçe اردو فارسى
Logo
Latest News

Five Key Areas Drive Social, Economic Growth in Saudi Arabia

N/A
N/A
TT
TT

Five Key Areas Drive Social, Economic Growth in Saudi Arabia

N/A
N/A

As Saudi Arabia’s public and private sectors strive to exceed expectations set by “Vision 2030,” an international report highlighted five key areas crucial for social and economic growth in the kingdom.
The recent report stressed the importance of developing regions outside the main urban centers to achieve the ambitious goal of making Saudi Arabia one of the world’s top 15 economies.
Published by Arthur D. Little, the report estimated a potential economic contribution of 27 billion riyals ($7.2 billion). The growth focused on five main areas: strategy, governance, human capital, infrastructure, and investment.
The report outlined success factors that can strengthen regional economies and boost national growth to meet Vision 2030 targets.
Saudi regions have significant potential to support GDP growth, especially major urban centers like Riyadh, Dammam, and Jeddah, which have a per capita GDP of around 107 riyals ($28.5).
Dr. Abdul Rahman Baashen, head of the Al Shorouk Center for Economic Studies in Jazan, highlighted that Saudi Arabia’s strategic approach is crucial for the kingdom’s development in various fields, including civilization, sports, culture, and economy.
Speaking to Asharq Al-Awsat, Baashen emphasized the successful collaboration between Saudi Arabia’s public and private sectors, which has greatly advanced the goals of “Vision 2030.”
He pointed out that achievements in economic growth, investment attraction, and innovation have been significant.
Baashen noted the impressive performance of the Saudi Public Investment Fund, which doubled its revenues to $88.5 billion in 2023, thanks to the growth in its portfolio’s market value and the strong performance of the National Industrial Development Program, which increased by 87%.
He also mentioned that rapid growth in key sectors like energy, industry, mining, and logistics has driven comprehensive development. Foreign direct investment (FDI) into Saudi Arabia increased by 5.6%, reaching 9.5 billion riyals ($2.5 billion) in the first quarter of this year.

Most Viewed

 
 
Varieties

Heavy Rains Drench Southern California, Spawn Flash Flooding, Mud Flows

A car sits buried in mud after flooding Wednesday, Dec. 24, 2025, in Wrightwood, Calif. (AP)
A car sits buried in mud after flooding Wednesday, Dec. 24, 2025, in Wrightwood, Calif. (AP)
TT
TT

Heavy Rains Drench Southern California, Spawn Flash Flooding, Mud Flows

A car sits buried in mud after flooding Wednesday, Dec. 24, 2025, in Wrightwood, Calif. (AP)
A car sits buried in mud after flooding Wednesday, Dec. 24, 2025, in Wrightwood, Calif. (AP)

Torrential rains unleashed widespread flash flooding and mud flows across Southern California on Wednesday, as authorities warned motorists to stay off roads while urging residents in flood zones to evacuate or shelter in place.

In the rain-soaked mountain resort of Wrightwood, east of Los Angeles, emergency crews spent much of the day answering dozens of rescue calls and pulling drivers to safety from submerged vehicles, San Bernardino County Fire Department spokesperson Christopher Prater said.

No casualties were reported as ‌of Wednesday night, according ‌to Prater.

Aerial video footage posted online by the fire department ‌showed ⁠rivers of ‌mud coursing through inundated cabin neighborhoods.

Downpours measuring an inch (2.54 cm) or more of rain an hour in some areas were spawned by the region's latest atmospheric storm, a vast airborne current of dense moisture siphoned from the Pacific and swept inland over the greater Los Angeles area.

The Christmas Eve storm was expected to persist into Friday, posing unsafe driving conditions during what would normally be a busy holiday travel period, according to the US National Weather Service.

"Life-threatening" storm conditions ⁠were expected to persist through Christmas Day over Southern California, "where widespread flash flooding is underway," the weather service said.

A flash-flood ‌warning was posted across much of Los Angeles County until ‍6 p.m. PST, urging motorists: "Do not ‍attempt to travel unless you are fleeing an area, subject to flooding or under ‍an evacuation order."

Los Angeles city officials urged residents to heed evacuation orders issued for about 130 homes considered especially vulnerable to mudslides and debris flows in areas where last year's wildfires ravaged the community of Pacific Palisades.

The San Bernardino County Sheriff's Department issued an evacuation warning for Wrightwood earlier in the day, but elevated the advisory to a shelter-in-place order as flood conditions worsened. The Angeles Crest Highway, a major traffic route through the San ⁠Gabriel Mountains, was closed in two stretches due to flooding

Wednesday's heavy rainfall was accompanied by strong, gusty winds that officials said were downing trees and power lines. In upper elevations of the Sierra mountains, the storm was expected to dump heavy snow.

NWS meteorologist Ariel Cohen said 4 to 8 inches of rain had fallen in some foothill areas by 9 a.m. PST, and the Los Angeles City News Service reported numerous rockslides in the mountains. Forecasts called for more than a foot (30.48 cm) of rain falling over some lower-terrain mountain areas by week's end.

Forecasters even issued a rare tornado warning for a small portion of east-central Los Angeles County due to heavy thunderstorm activity over the community of Alhambra.

As of Wednesday night, ‌rainfall over the region had subsided, but a second wave of the storm system was due to hit on Thursday, forecasters said.

World

North Korea's Kim Visits Nuclear Subs as Putin Hails 'Invincible' Bond

North Korean leader Kim Jong Un visits the construction site of an 8,700-ton nuclear-powered submarine capable of launching surface-to-air missiles in this picture released by North Korea's official Korean Central News Agency on December 25, 2025. KCNA via REUTERS
North Korean leader Kim Jong Un visits the construction site of an 8,700-ton nuclear-powered submarine capable of launching surface-to-air missiles in this picture released by North Korea's official Korean Central News Agency on December 25, 2025. KCNA via REUTERS
TT
TT

North Korea's Kim Visits Nuclear Subs as Putin Hails 'Invincible' Bond

North Korean leader Kim Jong Un visits the construction site of an 8,700-ton nuclear-powered submarine capable of launching surface-to-air missiles in this picture released by North Korea's official Korean Central News Agency on December 25, 2025. KCNA via REUTERS
North Korean leader Kim Jong Un visits the construction site of an 8,700-ton nuclear-powered submarine capable of launching surface-to-air missiles in this picture released by North Korea's official Korean Central News Agency on December 25, 2025. KCNA via REUTERS

North Korean leader Kim Jong Un visited a nuclear submarine factory and received a message from Russia's Vladimir Putin hailing the countries' "invincible friendship", Pyongyang's state media said Thursday.

North Korea and Russia have drawn closer since Moscow launched its full-scale invasion of Ukraine nearly four years ago, and Pyongyang has sent troops to fight for Russia, AFP said.

In return, Russia is sending North Korea financial aid, military technology and food and energy supplies, analysts say.

The "heroic" efforts of North Korean soldiers in Russia's Kursk region "clearly proved the invincible friendship" between Moscow and Pyongyang, Putin said in a message to Kim, according to the Korean Central News Agency (KCNA).

Their work demonstrated the nations' "militant fraternity", Putin said in the message received by Pyongyang last week.

The provisions of the "historic treaty" the two leaders signed last year, which includes a mutual defense clause, had been fulfilled "thanks to our joint efforts", Putin wrote.

South Korean and Western intelligence agencies have estimated that the North has sent thousands of soldiers to Russia, primarily to Kursk, along with artillery shells, missiles and long-range rocket systems.

Around 2,000 troops have been killed and thousands more have been wounded, according to South Korean estimates.

North Korea acknowledged this month that its troops in Kursk had been assigned to clear mines and that some had died on deployment.

KCNA reported Putin's letter on the same day that it published details of Kim's undated recent visit to a manufacturing base for nuclear-powered submarines.

There, the North Korean leader vowed to counter the "threat" of South Korea producing its own such vessels.

US President Donald Trump has given the green light for South Korea to build "nuclear-powered attack submarines", though key details of the project remain uncertain.

Photos published by KCNA showed Kim walking alongside a purportedly 8,700-tonne submarine at an indoor assembly site, surrounded by officials and his daughter Kim Ju Ae.

In another image, Kim Jong Un smiles during an official briefing as Kim Ju Ae stands beside him.

Pyongyang would view Seoul developing nuclear subs as "an offensive act severely violating its security and maritime sovereignty", Kim Jong Un said, according to KCNA.

It was therefore "indispensable" to "accelerate the radical development of the modernization and nuclear weaponization of the naval force", he said.

Kim clarified a naval reorganization plan and learned about research into "new underwater secret weapons", KCNA said, without giving details.

Pyongyang's defense ministry said it would consider "countermeasures" against US "nuclear muscle flexing", a separate report said Thursday.

- Help from Russia? -

Only a handful of countries have nuclear-powered submarines, and the United States considers its technology among the most sensitive and tightly guarded military secrets.

In the North's first comments on the US-South Korea deal, a commentary piece by KCNA last month said the program was a "dangerous attempt at confrontation" that could lead to a "nuclear domino phenomenon".

Hong Min, an analyst at the Korea Institute for National Unification, told AFP the submarine photos raise "considerable speculation" over whether Russia helped North Korea assemble a nuclear-powered submarine "within such a short time frame".

Kim also reportedly oversaw the test launch on Wednesday of "new-type high-altitude long-range anti-air missiles" over the East Sea, also known as the Sea of Japan.

The projectiles hit mock targets at an altitude of 200 kilometers (124 miles), KCNA said. That height, if correct, would be in space.

One photo showed a missile ascending into the sky in a trail of intense orange flame, while another showed Kim walking in front of what appeared to be a military vehicle equipped with a vertical missile launcher.

Seoul's Joint Chiefs of Staff said they had been aware of the launch preparations and had braced for the firing in advance.

"South Korean and US intelligence authorities are currently closely analyzing the specifications," it said.

Sports

Romero Faces FA Charge for Behavior After Liverpool Dismissal

Tottenham Hotspur's Argentinian defender #17 Cristian Romero (C) and Spanish defender #23 Pedro Porro (R) remonstrate with referee John Brooks (L) during the English Premier League football match between Tottenham Hotspur and Liverpool at the Tottenham Hotspur Stadium in London, on December 20, 2025. (AFP)
Tottenham Hotspur's Argentinian defender #17 Cristian Romero (C) and Spanish defender #23 Pedro Porro (R) remonstrate with referee John Brooks (L) during the English Premier League football match between Tottenham Hotspur and Liverpool at the Tottenham Hotspur Stadium in London, on December 20, 2025. (AFP)
TT
TT

Romero Faces FA Charge for Behavior After Liverpool Dismissal

Tottenham Hotspur's Argentinian defender #17 Cristian Romero (C) and Spanish defender #23 Pedro Porro (R) remonstrate with referee John Brooks (L) during the English Premier League football match between Tottenham Hotspur and Liverpool at the Tottenham Hotspur Stadium in London, on December 20, 2025. (AFP)
Tottenham Hotspur's Argentinian defender #17 Cristian Romero (C) and Spanish defender #23 Pedro Porro (R) remonstrate with referee John Brooks (L) during the English Premier League football match between Tottenham Hotspur and Liverpool at the Tottenham Hotspur Stadium in London, on December 20, 2025. (AFP)

Tottenham captain Cristian Romero was charged by England's Football Association with allegedly acting in an "improper" manner in response to being sent off during Saturday's 2-1 Premier League defeat against Liverpool.

With Xavi Simons already being given a red ‌card earlier, ‌Tottenham ended up ‌with ⁠nine men ‌after captain Romero was given a second yellow for a tackle on Ibrahima Konate in the 93rd minute.

"It's alleged that he (Romero) acted in ⁠an improper manner by failing to ‌promptly leave the ‍field of ‍play and/or behaving in a ‍confrontational and/or aggressive manner towards the match referee after being sent off in the 93rd minute," the FA said in a statement.

Romero has until ⁠January 2 to respond to the charge.

The dismissal meant he already has to serve a one-match ban and will miss Sunday's away trip to Crystal Palace.

Tottenham are 14th in the league table with 22 points, 17 ‌behind leaders and derby rivals Arsenal.