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RIYADH: Saudi Arabia’s General Authority for Military Industries on Monday launched several initiatives to boost the military industries and enable the Kingdom to achieve its goal to localize more

RIYADH: Global industry experts discussed at an event on Thursday how regional and global shoppers are trading fast fashion for more purposeful wardrobes as Saudi Arabia also pivots toward a more

RIYADH: The Ministry of Culture on Monday launched an initiative creating three new Saudi fonts. The fonts, celebrating the Kingdom’s culture, will be available free of charge to individuals and

RIYADH: Riyadh’s first European Food Festival brought unique flavors and experiences to visitors who embarked on a culinary journey of Europe in the heart of Saudi Arabia. Organized by the EU

RIYADH: The Royal Commission of Riyadh City announced the launch of the first phase of the Riyadh bus service with more than 340 buses on 15 routes under the King Abdulaziz Project for Riyadh Public

RIYADH: Iran’s Foreign Minister Hossein Amirabdollahian said on Sunday he will meet his Saudi Arabian counterpart Prince Faisal bin Farhan “in the near future”, adding that three locations have been

By James M Dorsey Chinese mediation between Saudi Arabia and Iran potentially signals paradigm shifts in Middle Eastern diplomacy and alliances. The mediation suggests a more productive approach than that of the United States by seeking to manage rather than resolve conflicts based on principles enunciated by China in 2021. The successful mediation between the […]

The post Saudi, Iran Détente Sparks Potential Paradigm Shifts In Middle East Politics first appeared on IPA Newspack.

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RIYADH: Banks in the Gulf Cooperation Council region are strongly interlinked with their respective sovereigns and are unexposed to recently failed US banks, stated the global credit rating agency

RIYADH: It has for millenia been known as a battle of wits, tactics and skill. And at the inaugural Saudi Chess Competition, it is also about speed. More than 100 players taking part in the contest,

RIYADH: Saudi Arabia’s Zakat, Tax and Customs Authority foiled two attempts to smuggle more than 1.2 million amphetamine tablets, known as Captagon on Friday through Duba port. The drugs haul had an

RIYADH: The General Commission for the Guardianship of Trust Funds for Minors and their Counterparts, along with the Institute of Public Administration, on Wednesday hosted a forum called “Reality

RIYADH: ROSHN, the Saudi real estate developer, signed eight contracts worth SR8 billion ($2.1 billion) to develop modern infrastructure and facilities across the several projects it is developing

RIYADH: Master developer Saudi Downtown Co. signed a memorandum of understanding with the Small and Medium Enterprises General Authority, also known as Monsha’at, to develop projects in 12 cities

By Saifur Rahman Riyadh Air, the new Saudi Arabian carrier launched by the Public Investment Fund (PIF), said it will buy 72 Boeing 787 Dreamliners including 39 confirmed orders with 33 on options, just two days after the airline’s formal announcement. With an average price tag of US$240 million apiece, this announcement represents a value worth US$17.28 billion at list prices. Airlines, however extracts hefty discounts on […]

RIYADH: Saudi Arabia is seeking to have three of its cities ranked among the top 100 in the world for quality of life, according to the Minister of Municipal, Rural Affairs and Housing. Speaking at

NEW DELHI: India is hoping to boost people-to-people interactions with Saudi Arabia, the country’s ambassador in Riyadh said on Tuesday, as the country resumed electronic visa services for visitors

RIYADH: Saudi Arabia’s Small and Medium Enterprises Bank will allocate SR10.5 billion ($2.79 billion) to finance various programs for the SME sector in the next three years. The outlay will be spent

By Saifur Rahman A new airline, Riyadh Air, will soon take off to realise Saudi Arabia’s Vision 2030, it was announced by the Public Investment Fund, Saudi Arabia’s Sovereign Wealth Fund which is injecting US$100 billion in the Kingdom’s aviation and tourism industry that will help diversify the country’s economy and reduce its dependence on hydrocarbon. Riyadh Air will create a new passenger hub in the Kingdom’s […]

RIYADH: Saudi real estate developer Dar Al Arkan has achieved great success over the years, but getting its global arm listed on the London Stock Exchange with a valuation of SR2.25 billion ($600

RIYADH: As achieving net-zero greenhouse gas emissions high on the global agenda, the chief of the world’s biggest oil producer Saudi Aramco said the energy transition will happen only if

RIYADH: Saudi Arabia’s Ministry of Economy and Planning has partnered with Riyadh-based private consultancy firm Mukatafa to improve the Kingdom’s development plans and enable sustainable growth. As

By James M Dorsey In a surprise development, Saudi Arabia and Iran, together with China, announced that the two Middle Eastern nations were re-establishing diplomatic relations. The agreement was reached in a meeting in China of the two countries’ national security advisors. The agreement was a rare example of successful Chinese mediation in Middle Eastern […]

The post Saudis Walk US, Israeli, Iran Tightrope On Resumption Of Diplomatic Ties first appeared on IPA Newspack.

RIYADH: Saudi Crown Prince Mohammed bin Salman has announced today the establishment of a new national carrier in the name of “Riyadh Air”. A Public Investment Fund-wholly owned company, the airline

RIYADH: Amazon has made it easier for Saudi businesses to access hundreds of millions of new customers by rolling out its international registration system across the Kingdom. Speaking to Arab News
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