Saudi King Salman to issue royal decrees: Saudi Press Agency
RIYADH: Saudi Arabia’s King Salman will issue royal decrees shortly, the Saudi Press Agency said Sunday.
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News related to
Saudi
Model Shanina Shaik kicks off wedding season in style
DUBAI: Part-Saudi model Shanina Shaik kicked off wedding season in style by attending the nuptials of fellow Victoria’s Secret model Nadine Leopold and tech entrepreneur Andrew Barclay. The pair tied
World Cup Balance Sheet Presents A Mixed Bag For Qatar
By James M Dorsey It’s a good time, almost 12 years after the world soccer body, FIFA, awarded Qatar the 2022 World Cup hosting rights and five months before the tournament, to evaluate the campaign to reform the country’s erstwhile onerous labour system and accommodate fans whose lifestyles violate restrictive laws and/or go against deeply […]
The post World Cup Balance Sheet Presents A Mixed Bag For Qatar first appeared on IPA Newspack.
New Saudi smart city AlNama to be zero-carbon
RIYADH: Saudi Arabia’s new AlNama smart city will be a zero-carbon community, according to the company charged with designing the development. The hospitality hub, located on a 10 sq. km area in
France eyes ‘good investment opportunities’ in Saudi Arabia: Official
RIYADH: France is intensifying efforts to take advantage of Saudi investment opportunities in all sectors, mostly energy, technology, water and other industrial services, the country’s Ambassador in
Pakistan Struggling Hard To Secure Emergency Financial Aid From IMF
By Anjan Roy About a week back, Pakistan’s Finance minister was urging its citizens to consume less tea as the country was scraping the bottom of the barrel to organise even essential imports. Foreign exchange reserves had sunk to cover just a few days imports. Every leaf of tea consumed in the country has to […]
The post Pakistan Struggling Hard To Secure Emergency Financial Aid From IMF first appeared on IPA Newspack.
‘Holodoctor’ service for Hajj pilgrims
RIYADH: Saudi Health Minister Fahad Al-Jalajel has launched a “holodoctor” service, in partnership with the Saudi Telecommunications Co., that would allow medical practitioners to treat Hajj pilgrims
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US firm Franklin Templeton planning to establish office in Saudi
RIYADH: US multinational holding company Franklin Templeton could transfer employees from Dubai to a new office in Saudi Arabia, Bloomberg reported, quoting people familiar with the matter. People
SMEs grow 15% to 752,600 in Q1 2022 as business climate improves:
RIYADH: The number of small and medium enterprises in Saudi Arabia registered a 15 percent growth to 752,600 in the first quarter of 2022 from 650,550 in the corresponding period last year, revealed
Saudi stock market to list 36 new firms by the end of Q3, says CEO
RIYADH: Saudi Arabia’s stock exchange is expected to see 36 new listings by the end of the third quarter of 2022, Asharq reported citing CEO Mohammed Al-Rumaih. Al-Rumaih added that 10 new companies
Saudi industry minister meets UK mining companies, investors
LONDON: The Saudi Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef has held a meeting with mining companies and investors in Britain, the Saudi Press Agency reported. He
Saudi Makkah, Madinah to see 110,000 new hotel rooms by 2030: Colliers
RIYADH: Saudi Makkah and Madinah are expected to see the addition of 110,000 rooms by 2030 to cater for Hajj pilgrims, a report has claimed. Over 100,000 rooms are expected to be supplied across the
More than 1,400 Iraqi Hajj pilgrims arrive through Jadidat Arar land
RIYADH: More than 1,400 Iraqi Hajj pilgrims arrived in the Kingdom through Jadidat Arar land port on Wednesday, Saudi Press Agency reported. Iraqi Hajj pilgrims arrive in the Kingdom through Jadidat
Arabs’ month of diplomacy will have far-reaching consequences
Crown Prince Mohammed bin Salman arrived in Egypt on Monday. And US President Joe Biden is to visit Saudi Arabia next month, when he will meet many Arab leaders. So it seems that certain constants
Oil Diplomacy Has Assumed Critical Importance For Survival Of Economy
By Anjan Roy As the three big names of Europe rolled into Kyiv by train on June 16 of for a pow-wow with the Ukrainian president, Volodymir Zelensky, Russia had warned France, Germany and Italy of consequences. President Emmanuel Macron of France, Chancellor Olaf Scholz of Germany and Prime Minister Mario Draghi Italy had thought […]
The post Oil Diplomacy Has Assumed Critical Importance For Survival Of Economy first appeared on IPA Newspack.
China Heading To Choppy Middle Eastern Waters
By James M Dorsey China could be entering choppy Middle Eastern waters. Multiple crises and conflicts will likely shape its relations with the region’s major powers, including Saudi Arabia, Iran, and Turkey. The laundry list of pitfalls for China includes the fallout of the Ukraine war, strained US relations with Saudi Arabia and the United […]
The post China Heading To Choppy Middle Eastern Waters first appeared on IPA Newspack.
Ex-distributor loses case against Nissan
Arabian Post Staff Nissan has won the case in which its erstwhile distributor Al Dahana FZCO brought various claims against it in the wake of their joint venture business in the Middle East, named Nissan Gulf FZCO was called off in 2019. In 2008 Nissan entered into an agreement with Al Dahana to form a joint-venture called NGF to manage the distribution of vehicles in part of […]
NEOM extends Sindalah Island assets bid deadline until July 31
RIYADH: Saudi Arabia’s $500-billion giga-project NEOM has given contractors until July 31 to submit bids for the main works package to a key component of the city. The work is to deliver clusters 3-6
Saudi shipping firm Bahri issues $1bn SR-denominated Sukuk
RIYADH: National Shipping Co. of Saudi Arabia, better known as Bahri, has started the issuance of SR3.9 billion ($1.04 billion) Sukuk, denominated in Saudi Riyals. The offering started on June 16,
Saudi competition authority rejects GASCO’s bid to acquire 55% stake
RIYADH: Saudi Arabia’s General Authority for Competition has rejected National Gas and Industrialization Co.’s, or GASCO’s, acquisition deal with Best Gas Carrier Co., a bourse filing revealed.
Pak Recognition Of Israel Is A Matter Of Time
By James M Dorsey The question for Saudi Arabia and Pakistan is not whether either country will recognise Israel but when and who will go first. For the past two years, Saudi Arabia was believed to want a Muslim state in Asia, home to the world’s three most populous Muslim majority countries, to recognise Israel […]
The post Pak Recognition Of Israel Is A Matter Of Time first appeared on IPA Newspack.
Jadwa Investment acquires 70% in Kuwaiti e-commerce platform Dabdoob
RIYADH: Saudi Arabia’s Jadwa Investment has acquired a majority stake of 70 percent in Kuwait-based toy e-commerce platform, Dabdoob. The investment was completed through Jadwa E-commerce
Saudi ports record 1.38% increase in container throughput in May
RIYADH: Saudi ports recorded a slight improvement in the volume of container throughput in May with 600,107 twenty-foot equipment units, registering a 1.38 percent increase over the same period last
India-Gulf Spat Over Prophet Remarks: Protagonists In Glass Houses
By James M Dorsey Qatar Airways CEO Akbar Al-Baqr, a man known for his pithy retorts, pretended to quiver in his pants. Hindu nationalists had called for a boycott of the Gulf airline after Qatar took India to task for derogatory remarks about the Prophet Mohammed and Muslim worship by two spokespeople of the country’s […]
The post India-Gulf Spat Over Prophet Remarks: Protagonists In Glass Houses first appeared on IPA Newspack.
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