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RIYADH: Almunajem Foods, one of Saudi Arabia’s largest private food companies, has reported a successful 2020 and is maintaining a positive outlook for 2021, despite the coronavirus pandemic

RIYADH: The Ministry of Finance (MoF) finalized the disbursement procedures for all payment orders received from the public and private sector with a total value of SR217 billion ($57.8 billion) in

RIYADH: The Ministry of Environment, Water and Agriculture organized a virtual conference with its Dutch counterpart under the title “Exporting high-quality Saudi agricultural products to the

RIYADH: The director of Yemen’s National Mine Action Program on Thursday thanked Saudi Arabia for clearing mines set by the Houthi militia in Yemen.Brig.

RIYADH: The Saudi Grains Organization (SAGO) and the National Center for Privatization (NCP) announced on Thursday that the Third Milling Co. (MC3) has been sold to a consortium of UAE investors. The

RIYADH: More than 850 companies have applied to join the ‘“Made in Saudi” program, the Saudi Press Agency reported. Faisal Al-Bedah, the secretary-general of the Saudi Export Development Authority,

RIYADH: Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan met with Zurab Pololikashvili, secretary general of the World Tourism Organization (UNWTO) in Riyadh, the foreign ministry said on
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RIYADH: A German company developing a flying taxi has attracted Saudi funding. The Future Investment Initiative Institute has invested in Lilium, a pioneer in the Electric Vehicle

RIYADH: US technology giant Apple has expanded its independent repair provider program to Saudi Arabia. The move will allow vendors in the Kingdom access to parts, tools, and manuals in order to

RIYADH: SABIC CEO Yousef Al-Benyan said that a new government initiative to promote the private sector would help it double its capacity within the next 10 to 15 years. He added that the ‘Shareek’

RIYADH: Saudi Arabia’s Crown Prince Mohammed bin Salman made a phone call to Jordan’s King Abdullah II, Saudi Press Agency reported on Monday. During the call, they discussed the Middle East Green

By Murali Krishnan According to Frost & Sullivan, in the GCC region, UAE, Bahrain and Qatar have mobile subscriber penetration rates of 80% or more, placing them among the highest penetrated markets globally. We estimate that GCC region would have 83% mobile subscribers by 2030 up from 77% in 2018. Further, by 2030, 5G will account for 16% of total connections in these markets. By 2025, 75% […]

Riyadh: Saudi Ministry of Industry and Mineral Resources issued a record 91 new industrial licenses in February, a year-over-year increase of 21 percent, SPA reported. The biggest award of new

RIYADH: The Saudi health ministry said Monday it recorded 404 new COVID-19 cases in the past 24 hours. This brings the total number of people who contracted the virus to 385,424. The ministry said it

RIYADH: Saudi scientists plan to study how cosmic rays affect the efficiency of solar cells used in satellites. The Saudi Space Commission has agreed with the China Manned Space Agency to implement a

RIYADH: The CEO of Saudi Arabia’s biggest waste company said the low level of recycling in the Kingdom is a lost opportunity worth as much SR70 billion ($18.7 billion). Saudi Arabia currently

RIYADH: Saudi Arabia welcomed international efforts to ensure Iran does not acquire a nuclear weapon, and to make the Gulf region free of all weapons of mass destruction. During the weekly cabinet

RIYADH: Saudi investment chiefs want to ensure more of the country’s workforce is trained to work in the entertainment sector. The Kingdom’s General Entertainment Authority (GEA) has signed an

RIYADH: Saudi Arabia’s King Salman approved a number of incentive initiatives for establishments operating in the Hajj and Umrah sectors, Saudi Press Agency (SPA) reported on Monday. The move comes

RIYADH: A program to encourage Saudi women to join the accounting profession was launched on Monday by Saudi Commerce Minister Dr. Majid bin Abdullah Al-Qasabi. The program is organized by the Saudi

RIYADH: Within moments of meeting Reema Juffali, you will get the feeling she was always meant for a career in motorsports. Watch her drive, and those feeling are immediately confirmed. For Saudi

RIYADH: Sam Bird of Jaguar Racing won the second round of the Diriyah E-Prix double-header when a late safety car meant that the race was ended prematurely with a red flag, with the British driver

MAKKAH: After a 60 year absence, the Arabian oryx and rhim gazelle have now returned to Rawdat Attinhat at the King Abdul Aziz Royal Reserve, north of the Kingdom’s capital city Riyadh. In close

RIYADH: Saudi Arabia is committed to supporting the stability of the oil markets and the sustainability of global supplies, the Kingdom’s cabinet said. The announcement was made during the cabinet’s
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