Saudi Arabia
- Business News
Thailand woos Saudi investors with EV sector opportunities
Thai officials are set to attract Saudi Arabian entrepreneurs to invest in Thailand’s S-curve industries, particularly following their interest in the electric vehicle (EV) sector. Efforts to promote Thailand to potential investors will take place during a roadshow in Saudi Arabia, while also supporting Thai businesses aiming to expand into the Middle East, according to Narit Therdsteerasukdi, Secretary-General of the…
- Thailand News
Thailand’s BOI opens first Saudi branch amid growing ties
Thailand’s Board of Investment (BOI) will inaugurate its first branch in Saudi Arabia this week, signalling a new chapter in economic relations between the two nations. The new office in Riyadh, opening this Sunday, July 14, marks a significant step in fostering investment and business growth. This strategic expansion has drawn high-profile attendees, including Foreign Minister Maris Sangiampongsa and over…
- World News
Scorching temps claims over 550 Hajj pilgrims in Mecca
Around 550 pilgrims have lost their lives to the intense heat during this year’s Hajj, highlighting the challenging nature of the pilgrimage, where scorching summer temperatures climbed above 50 degrees Celcius. Among the deceased, 323 were Egyptians, with most succumbing to heat-related conditions, according to two Arab diplomats coordinating their countries’ responses, as reported by AFP. A diplomat noted that…
- Business News
Saudi Arabia approves live animal imports from Thailand
Saudi Arabia has approved the import of live cattle, sheep, and goats from Thailand, according to Commerce Minister Phumtham Wechayachai. The approval was communicated by the Saudi Arabian Ministry of Environment, Water and Agriculture through the Saudi Arabian and Thai foreign ministries. Phumtham noted that these live animals could be imported from Thailand and subsequently kept and slaughtered in Saudi…
- Thailand News
Saudi Arabian man reunites with Thai nanny after 20 years (video)
A 33 year old Saudi Arabian man reunited with his former Thai babysitter after searching for her for over 20 years. He wished to express gratitude for her care during his childhood. Several Thai media outlets shared the story of the 33 year old Saudi Arabian man, Ali Bokhari, and his Thai babysitter, 77 year old Banyen Thongchaitanawut, after they…
- Business News
Thailand capitalises on halal market amid renewed Saudi ties
Thailand and Saudi Arabia’s reestablishment of diplomatic ties in 2022, after a three-decade hiatus, has presented the Land of Smiles with fresh avenues to capitalise on its halal products’ demand in the Middle Eastern markets. The global Muslim population, approximately 2 billion, is projected to constitute 25% of the total populace by 2030. Thaweelap Rittapirom, the President of the Islamic…
- Business News
Oil prices dip over 1% due to Saudi cuts and increased Opec production
Oil prices experienced a significant drop today, with a decrease of over 1% due to the substantial price reductions introduced by Saudi Arabia, a leading exporter, coupled with an increase in the Organization of the Petroleum Exporting Countries (OPEC) production. These factors successfully counterbalanced concerns about the growing geopolitical tension in the Middle East. During early trading, Brent crude saw…
- Thailand News
Thai-Saudi economic extravaganza: Mega Fair 2023 takes Riyadh by storm
The Thailand Mega Fair 2023 descended upon the Arena Riyadh, heralding a four-day fiesta of premium Thai products and services that has the Saudi Arabian capital buzzing with excitement until Saturday, December 16. Foreign Minister Parnpree Bahiddha-Nukara, doubling as deputy prime minister, kicked off the festivities with an inauguration that not only marked the start of the grand event but…
- Business News
Thailand seeks free trade agreement with Gulf nations to boost investment
Thailand’s government spokesperson, Chai Wacharonke, declared the country’s intention to establish a free trade agreement with the Gulf Cooperation Council (GCC) member nations, aiming to enhance trade and investment relations. Prime Minister Srettha Thavisin recently concluded his visit to Saudi Arabia, where he participated in the ASEAN-GCC Riyadh Summit at the Ritz-Carlton. During the visit, the 61 year old prime…
- Thailand News
Saudi Arabia pledges to aid Thailand in Israel-Hamas hostage crisis
Thailands Prime Minister Srettha Thavisin announced that Saudi Arabia has pledged to assist in securing the release of Thai hostages caught in the ongoing Israel-Hamas war. His statement came after meeting with Saudi Crown Prince Mohammed bin Salman Al Saud at the Asean-Gulf Cooperation Council (GCC) Summit in Riyadh. The Crown Prince expressed his sympathy towards the Thai workers affected…
- Business News
Saudi Arabia and Russia extend oil cuts, pushing Brent crude to ten-month high
The global oil market experienced a significant shift as Saudi Arabia and Russia disclosed their decision to prolong voluntary oil production cuts until the end of the year. This announcement pushed Brent crude prices to a peak unseen in the last ten months, reported Bangkok Post. The energy ministry of Saudi Arabia, the world’s leading crude oil exporter, stated that…
- Tourism News
Thailand targets long-haul tourists with new US, Saudi Arabia offices
In an effort to boost tourists visiting, Thailand‘s government will be establishing additional tourism offices in the United States and Saudi Arabia, stated the deputy spokeswoman Rachada Dhnadirek. The proposition comes as part of a refreshed approach to meet international market demands, as directed by Prime Minister Prayut Chan-o-cha. The Tourism Authority of Thailand (TAT) is now concentrating on attracting…
- Business News
Chiang Mai targets Saudi tourism boom with ‘THAILAND MEGA FAIR 2023’
A wave of visitors hailing from Saudi Arabia is anticipated by several travel agencies in Chiang Mai, as plans are set in motion to execute a roadshow this year, within the Middle Eastern nation. The aim of the event is to reinforce mutual cooperation and entice more tourists to visit Thailand. Yesterday’s meeting was led by the deputy governor, Weerapong…
- Economy News
Saudi-Thailand relations: Leaders discuss tourism and investment amid strengthening ties
The chairman of Saudi Arabia’s Consultative Assembly, Abdullah Mohammed Ibrahim Al-Sheikh, was heartily welcomed by Thailand’s Prime Minister, Prayut Chan-o-cha yesterday for a constructive dialogue on potential collaboration for tourism and investment in Thailand’s Eastern Economic Corridor (EEC). The Saudi-Thailand relations discussion was announced by Tipanan Sirichana, deputy government spokesperson for Thailand. Al-Sheikh, leading the delegation from Saudi Arabia, had…
- Business News
Thai firms eye investment deals in Saudi Arabia
Thailand and Saudi Arabia are forging strong economic ties, with several collaboration deals in progress. Sanan Angubolkul, chairman of the Thai Chamber of Commerce, recently visited Saudi Arabia with a Thai delegation led by Foreign Minister Don Pramudwinai. During the visit, it was announced that PTT Oil and Retail Business Plc (OR) plans to establish petrol stations in Saudi Arabia,…
- Business News
Saudi Arabia announces fresh oil output cut amid recession fears
Riyadh unveiled a new oil output reduction on Sunday after a gathering of major producers focused on supporting prices despite concerns over a potential recession. The meeting involved the 13-member Organization of the Petroleum Exporting Countries (OPEC), led by Saudi Arabia, and its 10 partners, including Russia, and featured intense negotiations. Saudi Arabia announced a fresh cut of one million…
- Business News
Banking job boom and surging salaries in Saudi Arabia
Despite ongoing global financial challenges, Saudi Arabia is experiencing a significant surge in banking jobs and salaries. This growth is attributed to the ambitious economic expansion plans by Crown Prince Mohammed Bin Salman, who is utilising oil sales revenue to transform the nation’s economy. With over US$600 billion worth of assets, Saudi Arabia’s Public Investment Fund is hiring swiftly, attracting…
- World News
Breaking free: Young gay man flees Saudi Arabia for acceptance and safety
A young gay man bravely came out last year, but when his family could not accept him, the 20 year old had no choice but to leave Saudi Arabia, a deeply conservative country, to find freedom and safety. Turki (name changed for security reasons) recalls the harsh treatment he faced from his family after coming out as gay in Saudi…
- Economy News
Big Oil Majors take precautionary step to stabilize oil market by cutting production
The globe’s major oil companies, commonly known as “Big Oil Majors,” made a somewhat surprising move to cut production by over one million barrels per day as a “precautionary” move to stabilise the oil market. Russia, a leading member of the OPEC+ cartel, also decided to extend their existing cut of 500,000 barrels per day until the end of the…
- Transport News
Dead passenger on Bangkok-bound flight had Covid
Passengers on a flight to Bangkok’s Suvarnabhumi Airport discovered that the only thing more unpleasant than an unruly passenger is a dead one. A 71 year old Thai man died mid-flight as an aircraft travelled from Saudi Arabia to Bangkok’s main airport. Testing showed the man was infected with Covid-19 at the time of his death. Little information has been released…
- Thailand News
Thailand workers could earn over 100,000 baht in Saudi Arabia
Workers can expect to earn monthly salaries of over 100,000 baht when Saudi Arabia opens its doors to Thailand later this year Labour Minister Suchart Chomklin made it known yesterday that Thailand has agreed to fill the skilled and semi-skilled workers’ void in Saudi Arabia after the kingdoms patched up a 30-year feud. Saudi Arabia cut trade and diplomatic ties…
- Thailand News
Thailand exempts entry visa for Saudi tourists allowing 30-day stay
Thailand yesterday moved a step further to its future relationship with the kingdom of Saudi Arabia when it announced a 30-day visa exemption will be available to all Saudi citizens. Saudis can now enter Thailand and stay for 30 days without applying for a visa before departure. The move comes as both nations step up to restore diplomatic relations which…
- World News
Saudi deal to inject ‘billions’ into Thai economy
Thailand is to welcome a delegation from oil-rich Saudi Arabia in July which could potentially inject “billions” into the nation’s economy. Board of Trade of Thailand Chairman Sanan Angubolkul yesterday revealed delegations from both the private and public sector of Saudi Arabia are scheduled to visit the kingdom from July 4-7 to discuss trade and investment between the two countries.…
- Tourism News
Thai officials visit Saudi Arabia for roadshow, push for more tourists
As part of a push to draw more Middle Eastern tourists to Thailand, tourism officials visited Saudi Arabia on May 15-16 in a roadshow. There, the Tourism Authority of Thailand signed a memorandum of cooperation with Almosafer, the biggest OTA in Saudi Arabia and Kuwait. The TAT also signed an MoC with Saudia, Saudi Arabia’s flag carrier, to promote a…
- Thailand News
King of Saudi Arabia donates 7 tonnes of dates to Thailand Muslims
The King of Saudi Arabia has bestowed 7 tonnes of dates and gift boxes to Thai Muslims who are fasting during the holy month of Ramadan from April 2 – May 1. King Salman bin Abdulaziz Al Saud’s gift of 3,000 boxes of dates will be distributed to Muslim communities in Thailand to eat at iftar, which is the meal…
- World News
Iran-backed Houthis attack Saudi petroleum storage facilities
Yemen’s Iran-backed Houthi party says it struck Saudi petroleum facilities in Jeddah with missiles yesterday, just as Saudi Arabia prepares to hold a motor race on Sunday. The missiles caused fires in two storage tanks, however there were no casualties. A Houthi spokesman says they targeted ‘vital facilities’. Saudi Arabia is the world’s largest oil exporter. Saudi’s energy ministry said…
- World News
1,000 Thais register to apply for jobs in Saudi Arabia
Thai and Saudi officials say labour relations between their countries are strengthening following renewed relations. Thailand’s labour minister said over 1,000 people have registered online with the Department of Employment to apply for jobs in Saudi Arabia. He claimed the final remaining step is signing a bilateral labour agreement, which is expected to occur soon. The agreement will allow Thailand…
- Thailand Travel
Tourism officials plan Saudi visit to attract Middle Easter travellers to Thailand
In the wake of both the Chinese and Russian tourist taps being turned off, Thai tourism officials are planning to travel to Saudi Arabia with a goal of attracting 200,000-500,000 Middle Eastern tourists to Thailand this year. The Thai tourism ministry and Tourism Authority frequently run travel roadshows around the world as part of an ongoing marketing program to push…
- Thailand News
Tourism authorities greet first Saudi direct arrivals, plan new schemes
The Tourism Authority of Thailand greeted Saudi tourist arrivals with traditional Thai performances and a water salute on Monday. The flight was the first direct flight to Thailand from Saudi Arabia in 32 years landed in Bangkok, at Suvarnabhumi Airport. This flight symbolised the recent reconciliation between Thailand and Saudi Arabia after decades of frosty relations following the Blue Diamond…
- Thailand video news
Thailand News Today | Suspicions over Thai actress drowning
Many Thais are speculating that the drowning of the Thai TV actress Tangmo in the Chao Phraya River was not an accident and police now say they are going to use a lie detector during interrogations. Reports say the 37-year-old woman had gone to the back of the speedboat to urinate but had fallen in at around 10:40 pm Thursday…
