Saudi Crown Prince, US Secretary of Defense discuss troop deployment
:: Saudi Arabia’s Crown Prince Mohammed bin Salman received a phone call on Wednesday from the US Secretary of Defense during which they discussed ongoing arrangements to send US troops of a More »
Saudi Energy Minister confirms restoration of Kingdom’s gas production capacity
:: Saudi Arabia’s Minister of Energy confirmed on Wednesday the restoration of production capacity, affirming the Kingdom’s position as a reliable energy supplier in the global market. The energy minister, Prince Abdulaziz More »
Egypt calls Erdogan statements ‘ironic,’ accuses Turkey of sponsoring terrorism
:: Egypt’s foreign ministry spokesman, Ahmed Hafez, slammed Turkish President Recep Tayyip Erdogan’s statements at the UN General Assembly this week where he urged the UN to “handle the suspicious death of More »
Saudi Crown Prince: Attacks are test of int’l resolve against destructive acts
:: Saudi Arabia’s Crown Prince Mohammed bin Salman said on Wednesday that the attacks on Saudi Aramco oil facilities are a test of international resolve in the face of destructive acts that More »
Saudi Crown Prince says attacks on oil facilities are a ‘dangerous escalation’
:: Saudi Arabia’s Crown Prince Mohammed bin Salman said the recent attacks on Saudi Aramco facilities represented a “dangerous escalation not only toward the Kingdom but also the entire world.” The Crown More »
Category Archives: Commerce
More Saudization to yield more work visas
The Labor Ministry announced Sunday that it would allow firms in the high and medium green categories of Nitaqat to recruit foreign workers required for the expansion of their business activities. However, the same privilege will not be available for
Summer festivals to generate 5,000 jobs
There will be 45 summer festivals this year, opening up more than 5,000 temporary jobs for Saudis. The festivals are expected to attract more than 10 million visitors, with an estimated return of SR10 billion. Domestic tourism is expected to
Experts seek level-playing field for women
With only 2 percent of Saudi women employed in the industrial sector, business forums are encouraging women to work in industries that require specific skills. According to officials, women can effectively contribute to the industrial sector, such as in the
Riyadh kicks off shopping festivities
Riyadh Gov. Prince Turki bin Abdullah bin Abdul Aziz officially launched the 10th Riyadh Festival for Shopping and Entertainment at Qasr Mall last Thursday marking the beginning of the summer vacation which witnessed many Saudi families doing shopping rounds at
Yas Island: Fun for the family
Yas Island is a great destination for those who are looking for business opportunities as well as for leisure. In 2009, it was named the World’s Leading Tourism Project at the World Travel Awards. 2012 figures show over three million
King Abdullah calls El-Sissi to pledge economic support
Custodian of the Two Holy Mosques King Abdullah telephoned newly elected Egyptian President Abdel Fattah El-Sissi on Friday to pledge the Kingdom’s support for the country’s economic development. El-Sissi thanked King Abdullah for assisting Egypt and congratulating him on winning
Spectacular start to Jeddah Ghair
The annual Jeddah summer festival “Jeddah Ghair 35” kicked off Thursday night at Al-Hamra beach on South Corniche. Jeddah Gov. Prince Mishaal bin Majed, who is also chairman of the Tourist Development Council, inaugurated the 24-day festival in the presence
Wadi Sulay to undergo beautification
The Riyadh Municipality has launched a project to beautify and create flood-protection measures along Wadi Sulay, local media reported. The aim is to use all excess water from the valley for agricultural and urban development purposes. The municipality plans to
Only 10 percent Saudi investors are women
Saudi businesswomen and investors continue to devote their efforts and ambitions to leaving their mark on the economic development of the country, despite the obstacles and great difficulties they encounter along the way. Nadia Ba’ashin confirmed that the ratio of
Housing boom might reduce rents
Saudis and expats are still waiting for completion of projects of the Ministry of Housing, which will contribute to reducing prices of housing units in major cities such as Jeddah, Riyadh and Dammam. These government projects will reduce the high
Asir students’ drone design takes flight
Engineering students at King Khaled University in Asir have just completed the design phase of their program to build a drone, or unmanned aerial vehicle (UAV), which they plan to use for aerial photography. Professor Tawfiq Khatab, head of the
Influx of affordable housing solutions seen in the GCC
JEDDAH – The rapid urbanization and population growth in the GCC have resulted in an increased demand for affordable housing units from low- and middle-income households. Estimates from the United Nations show that the number people living in the cities
KSA ports handle 194.8m tons of nonoil commodities
Saudi ports handled 194.8 million tons of nonoil commodities in 2013, with an increase of 3.75 percent over the figures of last year, local media said quoting a report released by Saudi Ports Authority (SPA). Revenues of the SPA grew
KSA’s first marine park to be built at Dhahban
Jeddah is building the first marine park at Dhahban on the shores of the Red Sea, 40 km from the city. The groundbreaking project, which was under study for the last four years, was announced by the Jeddah Municipality on
Professional bodies to boost tourism
The Saudi Commission for Tourism and Antiquities (SCTA) is optimistic that the country’s professional tourism bodies would help grow the industry. Faisal bin Mansur Al-Fadel, the SCTA’s director general for legal affairs, said the private sector would play an important
Free glucometers for diabetics
The Ministry of Health will distribute 800,000 blood glucose meters free-of-charge to diabetics within the next three years to help them regularly monitor their blood sugar rates. Officials at the ministry revealed the distribution plan during a press conference held
Passengers may bear the cost of aircraft tracking
DOHA – Moves by airlines to keep track of their aircraft in real time following the disappearance of Malaysian Airlines’ flight MH370 could push up ticket prices for passengers – but governments should also foot part of the bill, airline
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