Business & Money | Sunday 25 February, 2024 8:01 am

Minister of Municipal Affairs approves excavation license work

Minister of Municipal, Rural Affairs and Housing, Majed Al-Hogail, endorsed the excavation license work, which will come into effect as of the publication date. As reported by Umm Al-Qura newspaper on Feb. 23, Friday, the terms and conditions of these regulations apply to coordinating the...

More Details

Business & Money | Sunday 25 February, 2024 8:00 am

Sectors offer 1,600 investment opportunities across Saudi Arabia: Official

Investment opportunities in Saudi Arabia before the launch of the National Investment Strategy (NIS) reached nearly 200. Today, almost 1,600 opportunities are available in different quality sectors across all Kingdom under 40 initiatives and four key themes, Deputy Minister for Economic Affairs and ...

More Details

Business & Money | Sunday 25 February, 2024 7:51 am

Monsha’at says over 77,300 MSMEs issue certificate of startup size

The Small & Medium Enterprises General Authority (Monsha’at) said that more than 77,300 micro, small and medium-sized enterprises (MSMEs) issued the certificate of startup size since the service launch to date to benefit from various advantages, including applying for government tenders and...

More Details

Environment & Energy | Sunday 25 February, 2024 7:50 am

Significant rise in Jafurah field proven gas, condensate reserves: Minister

Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz stated that Saudi Aramco was able to add large quantities of proven reserves of gas and condensate in the unconventional Jafurah field, the Saudi News Agency (SPA) reported.   The additional quantities...

More Details

Business & Money | Sunday 25 February, 2024 7:06 am

PIF to acquire stake in Binladin Group

The Public Investment Fund (PIF) intends to acquire a stake in Saudi Binladin Group (SBG), Bloomberg reported, citing sources with knowledge of the matter.   The fund is working with Morgan Stanley on the potential deal to buy into SBG.   The PIF is considering...

More Details

Business & Money | Saturday 24 February, 2024 10:12 pm

UAE Ministry of Investment witnesses signing of largest-ever foreign direct investment agreement with Egypt

The Ministry of Investment of the UAE witnessed the signing of a landmark agreement between the Government of the Republic of Egypt and the Government of the UAE, represented by a private consortium led by ADQ, an Abu Dhabi-based sovereign investor. Under the agreement, which marks the largest ...

More Details

Business & Money | Saturday 24 February, 2024 10:09 pm

Abdullah bin Zayed: UAE provides US$10 million grant to support WTO initiatives

H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, has announced that the UAE will provide a US$10 million grant to support a number of key initiatives of the World Trade Organization (WTO), whose 13th Ministerial Conference is being hosted and chaired by the UAE in Abu Dhabi...

More Details

Tourism & Hospitality | Friday 23 February, 2024 8:27 am

Celebrate Founding Day at RÜYA Riyadh

On this auspicious occasion of Founding Day, RÜYA Riyadh celebrates the rich history and promising future of Saudi Arabia with culinary delights and enchanting ambiance! Founding Day Specials:Date Flavored Ice Cream (locally sourced and finest Saudi Dates)Turkish Coffee with...

More Details

Culture & Education | Friday 23 February, 2024 4:59 am

Diriyah Gate Development Authority Unveil 'The Earthen Testaments' at UNESCO House, Paris

The Earthen Testaments,’ a multidisciplinary exhibition exploring Diriyah’s natural and built landscapes through imagery, film, artefacts, and contemporary artworks commissioned from Saudi artists, has opened at Ségur Hall, UNESCO House, in Paris, France. This exhibition combines historical...

More Details

Tourism & Hospitality | Friday 23 February, 2024 4:57 am

Saudia Named The Official Airline Partner of the Saudi Cup 2024, the World’s Richest Race

Saudia, the national flag carrier of Saudi Arabia, announced its strategic partnership for the Saudi Cup 2024, the fifth edition of the world's richest horse race. The event, held under the esteemed patronage of The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, will take...

More Details