Saudi Press

Saudi Arabia and the world
Sunday, Jul 06, 2025

Saudi Arabia Condemns Israeli Attack on Gaza School; Economic Growth and Diplomatic Ventures Unfold Amidst Global Political Shifts

Saudi Arabia Condemns Israeli Attack, Announces Economic Growth Amidst New Companies Law and Strengthened Franco-Saudi Investment Ties.
Starting with international concerns, Saudi Arabia has strongly condemned the Israeli attack on a Gaza school, urging global action to support Palestinian suffering and peace efforts, while criticizing the international community for its silence.

Meanwhile, on the economic front, Saudi Arabia's new Companies Law has led to a remarkable 68% surge in commercial registrations, reflecting an economic transformation with streamlined processes and increased investment opportunities.

In domestic news, Saudi authorities have arrested a Yemeni national involved in a grisly acid attack and murder in Dammam, emphasizing the country's swift legal response to crime and its commitment to justice.

On the diplomatic scene, French President Macron and Saudi Minister of Investment Khalid Al-Falih have strengthened Franco-Saudi investment ties, with discussions focusing on sectors such as technology, energy, and tourism, paving the way for future collaborations.

Turning to the U.S., President-elect Donald Trump has nominated Chris Wright as energy secretary, indicating a strong push for fossil fuel development as part of his broader strategy for U.S. energy dominance.

Finally, in political news, Kamala Harris's campaign has raised over $1 billion but faces financial struggles, as does the Democratic Party, highlighting the challenges Democrats face in maintaining momentum ahead of the 2026 elections.
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