Saudi Mall Operator Issues $500m Sukuk, Completes $1.9bn Restructuring
Move comes as Arabian Centres Company plans to add more than half a million square meters of additional retail space by 2024
Arabian Centres Company, the Saudi-based owner, developer and operator o...
November 23, 2019241Category: Information
Aramco IPO Receives $17.1bn In Orders From Institutional Tranche
The institutional portion of Saudi Aramco’s initial public offering (IPO) on the Saudi Stock Exchange (Tadawul) is oversubscribed, having received over 64 billion riyals ($17.1 billion) in order...
November 23, 2019290Category: Information
RSIFF Partners With CIFF To Support Arab Filmmakers
The Red Sea International Film Festival (RSIFF) will award an opportunity to a team of Arab filmmakers attending the Cairo Film Connection to participate in the inaugural Red Sea Souk, the internation...
November 23, 2019279Category: Information
Audi-powered Briton Bird Clinches The First Win In Kingdom
Crown Prince Muhammad Bin Salman, deputy premier and minister of defense, witnessed on Friday the second round of ABB FIA Formula E Championship for Electric Cars at Diriyah City.
The event is bein...
November 23, 2019273Category: Information
Average Saudi Salaries Forecast To Rise 4.5percent In 2020
Average salaries in Saudi Arabia are expected to increase by 4.5% in 2020, global consultancy firm Mercer said in its latest survey.
Life sciences and high-tech industries will register the highest i...
November 23, 2019396Category: Information
Futuristic Car 2030 Sells For SR3.2m At Riyadh Motor Show
The futuristic electric car known as Car 2030 was auctioned at the Riyadh Motor Show for SR3,204,500 ($854,489) on Saturday.
The car was unveiled by Turki Al-Asheikh, chairman of the General Entert...
November 24, 2019264Category: Information
Saudi Prosecutor Leads Coalition Of Authorities To Fight Money Laundering
The training program on International Developments in Combating Money Laundering, held at the Public Prosecution agency in Riyadh with the participation of international experts from Case Western Rese...
November 24, 2019335Category: Information
Saudi Arabia Deports 120 More Bangladeshis
The deported workers arrived at the Dhaka airport on Friday night
The Kingdom of Saudi Arabia (KSA) has sent back 120 more Bangladeshi workers, raising the number of deportees to 2,615 in the last ...
November 24, 2019430Category: Information
Makkah Has Largest Number Of Hotels In The Arab World
With about 1,100 hotels hosting millions of occupants every year, Makkah has become the number one city in the Arab World in the number of hotels surpassing Dubai which has for many years topped all t...
November 24, 2019313Category: Information
900,000 Cigarette Packs Seized For Not Having Valid Tax Stamps
Inspection teams have seized over 900,000 cigarette packets of various brands for violating a ban on sale of cigarette packets not bearing valid and activated tax stamps, the General Authority of Zaka...
November 24, 2019494Category: Information
SR1,000 Fine For Cancelling ‘Exit Only Visa’ After Expiry
Conversion of a visit visa to a ‘Resident (Muqeem) ID’ is forbidden according to regulations, the Directorate General of Passports (Jawazat) has emphasized. It further said that in case a ...
November 24, 20193213Category: Information
Saudi Technology City Developing Drones
King Abdulaziz City for Science and Technology (KACST) is enhancing its home-grown unmanned-aerial-vehicles (UAVs) — Saker-1 and Saker-4.
The medium-altitude and long-endurance drone Saker-1 ...
November 24, 2019250Category: Information
Saudi Arabia, Japan Drill Deep In Bid To Predict Earthquakes
Saudi Arabia’s expertise in deep oil-well drilling is being used in an International bid to predict life-threatening earthquakes in the tumultuous seas off the coast of Japan.
Scientists from...
November 24, 2019320Category: Information
Saudi Education Ministry Dampens Down Al-Hilal Celebrations
The streets of Riyadh were ablaze with celebrations after the Saudi football team Al-Hilal beat Urawa Red Diamonds 2-0 early Sunday in the second leg of the AFC Champions League in Japan, bringing the...
November 25, 2019267Category: Information
1.1 Million Pilgrims Have Arrived In Kingdom Since Start Of Umrah Season
The Ministry of Hajj and Umrah has announced that 1,339,376 Umrah visas have been issued so far for Hijri year 1441, which started on August 31, 2019 in the Gregorian calendar.
The number of pilgri...
November 25, 2019282Category: Information
MoU Signed To Employ 36,000 Saudis In Industrial Sector
A new agreement has been signed to nationalize thousands of jobs in the industrial sector.
The Ministry of Labor and Social Development, represented by its deputy minister, Abdullah Abu Thunain, si...
November 25, 2019277Category: Information
Rights Chief Highlights Saudi Moves To Improve Human Rights Situation
Women’s rights in the Kingdom have seen an unprecedented transformation, thanks to the historical decisions made under the leadership of King Salman, said Dr. Awwad Al-Awwad, president of the Sa...
November 25, 2019260Category: Information
Riyadh Hosting An International Maritime Forum Attended By 15 Countries
Riyadh is hosting an international maritime forum attended by 15 countries that will discuss the importance of securing strategic sea lanes.
Under the patronage of Crown Prince Mohammed bin S...
November 25, 2019301Category: Information