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Riyadh

Riyadh Air has introduced its inaugural electric bus as part of a broader initiative to enhance sustainable transportation in the city. This launch marks a significant step in the airline’s commitment to reducing carbon emissions and promoting environmental stewardship. The electric bus, developed in partnership with leading green technology firms, aims to reduce the city’s reliance on fossil fuels and lower greenhouse gas emissions. The vehicle is […]

Saudi Arabia has introduced a competitive bidding process for seven new mining exploration licenses, encompassing approximately 1,000 square kilometers. This announcement, made on August 7 by the Ministry of Industry and Mineral Resources, marks a strategic move to bolster the nation’s mining sector and attract investment from both local and international entities. The new exploration licenses are distributed across several regions known for their mineral wealth. One […]

Expansion reinforces commitment to economic growth and business advisory services in underserved GCC markets. West Palm Beach, Fla: Transworld Business Advisors (Transworld), the world’s largest business brokerage franchise, proudly announces the expansion of its UAE operations to the entire Gulf Cooperation Council (GCC) region. Transworld GCC will soon extend its services to include Saudi Arabia, Kuwait, Bahrain, Qatar, and Oman in addition to its current United Arab […]

Arabian Post Staff Riyadh, Kingdom of Saudi Arabia, 5 August 2024: The Esports World Cup, held at Boulevard Riyadh City, crowned champions across three major games, marking a landmark day in competitive gaming history. KPL Dream Team emerged victorious in the Honor of Kings Invitational Series 2024 Midseason, displaying an impeccable performance by not losing a single game throughout the tournament. The Chinese team took home the […]

ROSHN, the property developer backed by the Public Investment Fund (PIF), has announced the launch of sales for the fourth phase of its flagship residential project, SEDRA, in Riyadh. This new phase marks a significant expansion in the developer’s ongoing efforts to address the rising demand for high-quality housing in the Saudi capital. The fourth phase of SEDRA is set to feature a variety of housing options, […]

Saudi Arabia is set to host the second Multilateral Industrial Policy Forum in Riyadh on October 23-24. This forum, associated with the United Nations Industrial Development Organization (UNIDO), marks the first occasion it will be held outside UNIDO’s Vienna headquarters. Organized by the Kingdom’s Ministry of Industry and Mineral Resources, the forum will gather global ministers and leaders to discuss industrial policy, transformation, and challenges. The agenda […]

Riyadh, Saudi Arabia – The inaugural Esports World Cup, the largest gaming and esports festival globally, is captivating audiences at Boulevard Riyadh City. This eight-week-long event, running until August 25, boasts a record-breaking $60 million prize pool, drawing more than 1,500 players from over 60 countries. The festival features 22 global competitions across 21 leading games, including popular titles like Dota 2, Counter-Strike 2, and PUBG Mobile. […]

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Arabian Post Staff -Dubai Teenage Engineering has introduced the EP–133 K.O.II Sampler, a sophisticated addition to their lineup of portable music production tools. The new sampler merges cutting-edge technology with a user-friendly interface, appealing to both seasoned producers and novices. The EP–133 K.O.II features an enhanced sampling engine with improved sound quality and expanded storage capabilities. Users can now record, edit, and manipulate samples with greater precision, […]

The office market in Riyadh has shown impressive growth in the second quarter of 2024, bolstered by government incentives designed to attract international corporations. This growth reflects Saudi Arabia’s broader economic diversification goals under the Vision 2030 initiative. Savills’ latest report highlights that over 120 international companies relocated their regional headquarters to Riyadh in the first quarter of 2024, representing a significant 477% increase from the same […]

Riyadh Air has entered a five-year agreement with GE Aerospace to integrate its advanced flight operations software. This strategic move aims to bolster the airline’s performance through data-driven analytics, with a focus on optimizing fuel consumption and improving safety protocols. The collaboration introduces GE Aerospace’s Fuel Insight software, which is designed to provide Riyadh Air with comprehensive tools for analyzing and managing fuel use. This technology will […]

The Saudi Esports Federation (SEF) has inaugurated a Legacy Museum in Riyadh, celebrating the federation’s achievements and the Kingdom of Saudi Arabia’s significant impact on the global gaming and esports industry. The museum, open seven days a week with free admission, aims to document the federation’s work since its inception and honor the progress made in this rapidly growing sector. HRH Prince Faisal bin Bandar bin Sultan, […]

Arabian Post Staff Saudi Arabia is set to host the preliminary stage of the first-ever AFC Women’s Champions League, marking a significant milestone in women’s football. The event will commence in August, featuring domestic champions from 21 AFC member associations, including Saudi Arabia’s Al Nassr. This historic tournament, set to run from August 25 to 31, will see Riyadh welcoming teams from across Asia, emphasizing the country’s […]

Saudi Arabia and China have taken a significant step towards enhancing financial connectivity with the recent launch of exchange-traded funds (ETFs) on Chinese stock exchanges. This development, unveiled by Public Investment Fund (PIF) Governor Yasir Al-Rumayyan during a listing event in Shenzhen, marks a new chapter in the financial collaboration between the two nations. The ETFs provide Asian investors unprecedented access to the Saudi equity market, which […]

RIYADH, SAUDI ARABIA – EQS Newswire – 17 July 2024 – Envision Energy, recognized as the “Green Giant” among the “2024 TIME100 Most Influential Companies”, has unveiled a strategic joint venture (JV) with Saudi Arabia’s Public Investment Fund (PIF) and Vision Industries. This venture aims to accelerate the wind power growth throughout the Middle East, committing to driving the region’s journey towards a cleaner, more sustainable future. […]

The Saudi Investment Ministry has forged a strategic partnership with Saudia Group, marking a significant milestone aimed at bolstering investment prospects within the Kingdom. Under the agreement, unveiled during a high-profile ceremony in Riyadh, both entities pledged to collaborate closely on initiatives designed to stimulate economic growth and attract foreign investment. The accord underscores Saudi Arabia’s proactive approach to diversifying its economy beyond oil revenues, aligning with […]

RIYADH — The Saudi Central Bank (SAMA) has issued a clarification on the specific amounts exempt from seizure in bank accounts. According to the statement, the exemption rate for salary seizures is capped at one-third of the net monthly income, while retirement pension seizures cannot exceed one-quarter of the net monthly pension. Furthermore, deposits related to compensation and government support programs, including social security and the Citizen’s […]

Riyadh has emerged as the undisputed leader in Saudi Arabia’s retail space growth, boasting an impressive 90% occupancy rate. According to Knight Frank’s Summer 2024 Saudi Arabia Retail Market Overview, the capital city has witnessed a 5 percentage point surge in occupancy rates over the past year, accompanied by a 3% increase in average rental rates for regional and super-regional malls to SAR2, 725 per square meter. […]

RIYADH – The ambitious trillion-dollar transformation plan envisioned by Saudi Crown Prince Mohammed bin Salman is encountering significant headwinds as the kingdom grapples with the prospect of funding cutbacks. Sources close to the matter have revealed that the economic downturn, coupled with escalating geopolitical tensions, has compelled Saudi authorities to reassess the financial viability of the multifaceted project. Initially conceived as a cornerstone of the kingdom’s economic […]

RIYADH — Saudi Arabia has climbed to the second spot on the list of best countries for expatriates, a significant leap from its 14th position last year, according to a recent survey. The kingdom was outperformed only by Denmark in the Working Abroad Index, with over half of respondents expressing satisfaction with the local job market. The survey highlighted Saudi Arabia’s remarkable progress in career prospects, surpassing […]

JEDDAH — Saudia Group has significantly expanded its domestic flight network with the introduction of eight new daily services connecting Jeddah, Riyadh, and Dammam to Abha. This strategic move by the aviation conglomerate aims to bolster domestic tourism and aligns with the Saudi Tourism Authority’s initiatives to promote Abha as a prime destination, particularly during the Aseer Season and Saudi Summer campaigns. With this expansion, Saudia Group’s […]

Riyadh, the bustling capital of Saudi Arabia, is poised for a surge in population and economic activity, propelling it into the elite group of the world’s 15 fastest-growing cities by 2033. This exciting forecast comes courtesy of the Savills Growth Hubs Index, a key report by the global real estate advisor Savills. The report highlights Riyadh’s unique position as the only non-Asian city to crack the top […]

Iraq is extending an olive branch to Saudi Arabia in the form of a proposed law designed to safeguard Saudi investments within its borders. This move comes amidst a period of burgeoning economic cooperation between the two nations, with bilateral trade experiencing a 12% annual growth spurt. The news of the legislation was unveiled during a meeting in Riyadh between Hassan Al-Huwaizi, President of the Federation of […]

Riyadh Air, Saudi Arabia’s upcoming carrier, and Delta Air Lines announced a strategic partnership that will significantly enhance travel options for passengers journeying between North America and the Kingdom. This agreement, signed in Atlanta at Delta’s headquarters, lays the groundwork for a collaborative effort to expand their respective networks and unlock future growth opportunities. The partnership promises a wider array of benefits for travelers. Passengers flying between […]

Saudi Arabia and China are poised to solidify their ties in the construction and housing sectors, following a recent meeting between high-level officials in Riyadh. The get-together, which included Saudi Minister of Municipal, Rural Affairs and Housing Majid Al-Hogail and China’s Ambassador to Saudi Arabia Chang Hua, focused on bolstering collaboration across real estate development, contracting, and municipal services. This strategic dialogue marks a significant step forward […]

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Just in:
After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia // Kochi police detain two actors over bid to honey trap doctor // Technology shares plunge as Nasdaq enters correction // APT29-linked campaign exploits outdated Apple and Android software // Oil and chip shares retreat after Democratic victories // Millions Of Indians May Soon Be Deprived Of Government Assistance // Dubai details five-year visa benefits for returning visitors // Emaar approves Development buyout ahead of planned delisting // Dubai boat show confirms international shipyard line-up for November // UK air traffic outage inflicted £33m financial losses // Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region // OpenAI identifies 948 Linux privilege escalation flaws using AI // e-Crime Bureau Signs Cybersecurity Partnership With Smart Africa, Reinforcing Its Global Expansion // Xi Jinping Preparing For A Trilateral Summit With Trump And Putin At APEC Summit On Nov 18-19 // Hong Kong mandates crypto transaction disclosures to tax authorities // Oil advances towards $100 as tanker attacks persist // Trump’s Iran War Has A Share Of Contribution To His Midterm Debacle // Beyond the exhibition floor: How robots, AI and networks are moving into the real world // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction Vision for Gasoline-Powered Vehicles //