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
‘Coffins on wheels’ frequent Jeddah streets
JEDDAH — Old and rundown mini buses carrying mostly expatriate workers frequent Jeddah streets, leading some citizens to describe these vehicles as “coffins on wheels”. Saeed Al-Amri, a bus driver, said he has been driving for the past 20 years
100 years on, airlines hampered by history, IATA says
2014 marks 100 years since first commercial flight DOHA: On New Year’s Day, 1914, Abe Pheil squeezed into the open cockpit of a Benoist Type XIV boatplane in St. Petersburg, Florida, and became the world’s first airline passenger, flying 20
Flight delay: Airlines to pay massive fines
The General Authority for Civil Aviation (GACA) will impose a SR300 hourly fine per passenger on local airliners who fail to inform travelers about flight changes 14 days in advance. Maximum compensation per passenger will be SR3,000, in addition to
KSA-World Bank partnership stressed
World Bank President Jim Yong Kim, who arrived in Jeddah Sunday, held wide ranging talks with Finance Minister Ibrahim Al-Assaf on key regional issues, including challenges hampering the inclusive economic growth of the Middle East region, said David Theis, a
Balad fire probe points to arson
Preliminary investigations conducted by the Civil Defense Department have proved that some of the recurrent fires that have broken out at old buildings in Jeddah’s historic area were caused deliberately. According to press reports, seven fires broke out in the
Locusts invade Asir farms
The Ministry of Agriculture is fighting swarms of desert locusts preparing to descend on Asir province from Africa. Fahd Al-Farteesh, director general in the ministry, said there was no cause for alarm as the locusts were temporary migrants. “The swarms
Summer stretches residents’ finances to the limit
Commercial activity in Madinah is in full gear these days thanks to the summer vacation coinciding with the Umrah pilgrimage season. The central area around the Prophet’s Mosque is bustling with movement and there is an 85-percent hotel occupancy rate,
Tourists warned against fake travel agents
The Saudi Commission for Tourism and Antiquities (SCTA) on Sunday cautioned residents not to fall prey to bogus travel agents and tour operators promoting low-cost international flights during the summer vacation to woo customers. Ahmed Al-Eisa, assistant vice president of
SCTA to keep an eye on hotel, resort prices
The licensing department of the Saudi Commission for Tourism and Antiquities (SCTA) recently concluded preparations for the summer season and developed a plan to step up monitoring of the accommodation sector such as hotels, resorts and furnished apartments through deploying
Retirement age row: Shoura plan rapped
Many people have opposed the Shoura Council’s move to extend the retirement age to 62 years, saying it would have a negative impact on the employment of young Saudi men and women. “What can we expect from an employee who
Mobily donates SR1 million to Saudi Anti-Smoking Society
IN presence of Prince Turki Bin Abdullah Bin Abdul Aziz, Governor of Riyadh region, the Honorary President of the Saudi Anti- Smoking Society (Naqa), Mobily presented SR1 million as financial support to the society. Engineer Nasser Al Nasser, Chief
LG steps up smartphone effort with new flagship G3
SAN FRANCISCO: LG Electronics is going big in style with a flagship G3 smartphone aimed at turning heads away from market titans Apple and Samsung. LG introduced G3 smartphones at simultaneous events in a half-dozen cities, saying they would
Duty hours relief for women
The Labor Ministry has fixed the working hours for women between 9 a.m. and 11 p.m. The move ensures that women don’t begin work too early and don’t work after streets become empty. The ministry has urged businesses to employ
Saudico hosts Micros customer event in Jeddah
:: Saudico Electronic Systems (SES), a leading IT firm in Saudi Arabia, with Micros Systems Inc., a global provider of leading enterprise-wide applications, services and hardware for the hospitality and retail industries, hosted a full-day hospitality solutions event in Jeddah.
Saudi Arabia bags three regional tourism awards
Several Saudi personalities scooped up awards at the Arab Tourism Media Awards and the Arab Heritage Man Award in Oman on Friday. Atif bin Mohammed Al-Qadhi, a Saudi writer, won the award for best tourism writer, while Saudi businessman Abdul
SR1 million goes missing from account of chamber
A member of a local chamber of commerce in the country recently discovered the disappearance of SR1 million from the chamber’s accounts. The member also said that a SR50,000 bonus was given to another member without the approval of the
The wild world of insurance companies
By: ABDEL AZIZ ALUWAISHEG When dealing with insurance companies in Saudi Arabia, you get an impression that they still maintain the same posture as when they operated before insurance was legalized in 2003. It should not be surprising, however; as
Aramco to run delayed East Jeddah Hospital
Acting Health Minister Adel Fakeih has commissioned Saudi Aramco to help run the East Jeddah Hospital, which should have been operational two years ago. The Jeddah health department issued a press release last month promising that the hospital would open
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