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ABU DHABI // Combining the capabilities of Saudi Arabia and the UAE could create historic opportunities for the region, Sheikh Mohammed bin Rashid said on Tuesday. “Through our integration, solidarity and unity, we can protect our gains, enhance our economies and build a better future for our people,” the Vice President and Ruler of Dubai said at a joint retreat on Abu Dhabi’s Saadiyat Island, attended by […]

Travis Kalanick has it all worked out. Just ask him. He sees the future, and what it looks like is pretty different from what most people experience every day. Not surprisingly, it all starts with Uber. With a ride-sharing system, says the 40-year-old bachelor and CEO of the transportation company that has gained global notoriety, one car can be shared by 30 people. “The cost of that […]

Partnership will allow partner-drivers to connect with on-demand medical professionals United Arab Emirates, 20 February 2017 Uber, the smartphone app-based technology company, has announced a partnership with Altibbi, an online medical mobile application, to connect Uber partner-drivers with on-demand doctors. The application allows partner-drivers to connect with a selection of certified doctors, and get round-the-clock affordable medical consultations over the phone. This gives partner-drivers access to safe […]

Key to enhancing and diversifying its service offering in the domestic maritime industry 20 February 2017 Riyadh – Saudi Arabia – Bahri, a global leader in logistics and transportation, has opened a new office in Mumbai to strengthen its presence in the fast-growing Indian maritime industry and lay the foundation to offer diverse shipping services to domestic customers. The new office, located in the central suburb of […]

In a country where the use of magic is a crime punishable by beheading, it’s not every day that young Saudis wander down the street dressed as the Hulk or Doctor Doom. But for three days over the weekend, some 20,000 Saudis decked out in costumes and face paint queued to get into Saudi Arabia’s first-ever Comic Con, where robots, video games and giant anime figures filled […]

19 February 2017 Riyadh – Etihad Etisalat (Mobily) has added Viastore, the leading smartphone and Apple products outlet chain, as a strategic partner to Neqaty Program as a step towards enhancing the portfolio of the program’s partners, which is considered as the best customer loyalty program in the region in terms of the added value provided, customer interaction and service development.  This addition is aimed at expanding […]

Saudi Arabia officials and executives of around 14 companies plan to embark on a marketing tour of Singapore and Hong Kong next month to attract Asian investors in the $430 billion stock exchange, banking sources told Reuters on Thursday. The HSBC Saudi Arabia Investment Forum will include stops in Singapore on March 1-2 and Hong Kong on March 3, the sources said. The trip reflects the rising […]

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About 40 percent of new hotel supply expected in Riyadh during 2017 will be delayed, but pressure will remain on room rates, according to a new report by real estate consultants Colliers. Despite the softening impact of new supply on the market this year, Colliers forecast that full-year 2017 revenue per available room (RevPAR) for hoteliers in the Saudi capital will fall by 4 percent. The report […]

A Saudi train derailed near the eastern city of Dammam on Friday, injuring 18 people, after flooding from heavy rains caused the rail line to erode, the Saudi Railways Organization said in a statement. The 193 passengers and 6 crew members were transferred to another train and taken to Dammam after the incident occurred at about 1:00 am, it said, adding that all injuries were minor. Repair […]

Saudi Arabia has broken up four ISIL cells suspected of providing shelter to wanted militants and recruiting fighters, the Interior Ministry said on Thursday, according to Saudi state television. Automatic weapons were seized from the four cells, which comprised 15 Saudis, two Yemenis and a Sudanese man, the ministry’s statement said. Security forces also seized more than 2 million riyals ($530,000) in cash. Among those helped to […]

BEIRUT Iranian President Hassan Rouhani said his country sought good relations with its Gulf Arab neighbours as he began a one-day trip to Oman and Kuwait on Wednesday, his first since taking power in 2013. Relations between predominantly Shi’ite Iran and the mainly Sunni Arab countries of the Gulf, particularly Saudi Arabia, remain strained over their support for opposing sides in the conflicts in Syria and Yemen. […]

AMMAN Syria’s main opposition body on Sunday approved a new delegation to take part in Geneva peace talks later this month, which include Russian-backed blocs that have been critical of the armed insurgency against President Bashar al-Assad. The High Negotiation Committee, (HNC) the main umbrella group, said in a statement after two-days of meetings in the Saudi capital, Riyadh, that the new 21-member negotiating team included members […]

RIYADH U.N. Secretary-General Antonio Guterres said on Sunday the U.N. envoy to Yemen had his full support, days after Yemen’s Houthi group asked him not to renew the diplomat’s term due to what it said was bias against the Iranian-aligned movement. “Our envoy has my full support and I believe that he is doing an impartial work, that he is doing it in a very professional way […]

Opec countries drastically curbed their output in the first month of their new production agreement, in the clearest sign to date that the world’s biggest oil producers are committed to living up to the November pact to cut global supplies. The limits adopted by the oil cartel in January have been “one of the deepest in the history of Opec output cut initiatives”, the International Energy Agency […]

Saudi Arabia’s relations with the United States are “historic and strategic”, Crown Prince Mohammed bin Nayef said on the occasion of the visit of CIA director Mike Pompeo to Riyadh. This is the first reported visit by a senior Trump administration appointee to the kingdom. “Our relationship with the United States is historic and strategic, any attempts to undermine that will falter,” Prince Mohammed said, according to […]

Saudi Arabia will invite international and domestic companies to bid for renewable energy projects in April, the energy minister said on Wednesday, adding that he expected to award the deals in September. Energy Minister Khalid al-Falih, speaking at a news conference in Riyadh said the projects would include two new solar and wind power plants with a capacity to produce 700 megawatts of power. The projects are […]

RIYADH The top U.N. humanitarian official in Yemen said on Tuesday he feared for the lives of civilians in two Red Sea coast cities where Yemeni government forces and their Gulf Arab backers are on an offensive to oust Iran-allied Houthi militia. Coalition-supported Yemeni army forces advanced northward into al-Mokha and Dhubab last week in a bid to deprive the Houthis of strategic Red Sea ports. “I […]

WASHINGTON/RIYADH Saudi Arabia’s King Salman, in a phone call on Sunday with U.S. President Donald Trump, agreed to support safe zones in Syria and Yemen, a White House statement said. Trump, during his presidential campaign last year, had called for Gulf states to pay for establishing safe zones to protect Syrian refugees. A statement after the phone call said the two leaders agreed on the importance of […]

The value of the GCC’s healthcare market has grown steadily in recent years and there is little sign that any slowdown is on the horizon. The industry is forecast to be worth $71.3bn by 2020, according to Alpen Capital. The investment bank expects the GCC healthcare sector to record 12.1 percent compound annual growth rate (CAGR) between 2015 and 2020, after 10.3 percent CAGR between 2008 and […]

The landscape of public transport is changing across the world. Not long ago, the only option for people who did not have their own car was to queue for a paper ticket and squeeze into a sardine-can bus or train. Today, the new normal is to download a ‘smart’ app and book a point-to-point ride for an ever-diminishing cost. Ride-hailing apps such as Uber and Careem are […]

If only a portion of Saudi Arabia’s National Transformation Programme is implemented, there will be dramatic change, one of the kingdom’s most influential lawyers assures. “If we can cover 50 percent of what is the aspiration in the Vision 2030, the kingdom will be doing much better,” the Saudi country director of international law firm White & Case, Doug Peel, says. “My view is that it’s a […]

RIYADH/ADEN: King Salman Humanitarian Aid and Relief Center (KSrelief) on Sunday dispatched a convoy loaded with 17 containers of medical supplies and equipment to Yemen, Abdullah Al-Rabeeah, Royal Court and KSrelief Supervisor, said Sunday. The convoy consisted of 11 containers carrying 279 types of medical supplies to the Republican Hospital in Aden and 25 types of medical equipment and supplies for the central medicinal and pharmacology storage […]

By Lisa Barrington | BEIRUT BEIRUT After years of political deadlock, Lebanon finally has a new government. Now it needs a new economy. Battered by war in neighbouring Syria, neglected by wrangling politicians and caught in rivalry between Saudi Arabia and Iran, the pillars of the economy – remittances from overseas workers, tourism and real estate – are not what they were. Long-term, Lebanon is searching for […]

Saudi Arabian budget carrier flynas is to buy 80 Airbus A320neo narrow body jets in a deal worth $8.6 billion that includes upgrading an earlier order, it said on Monday. The 80 A320neo order is valued at $8.6 billion, flynas Chairman Ayed Al Jeaid said at press conference in Riyadh on Monday. The order is for 60 A320neos and an upgrade of an existing order for 20 […]

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