Business & Money | Friday 11 February, 2022 11:29 pm

Saudi Arabia launches new e-passport

Minister of Interior Prince Abdulaziz Bin Saud Bin Naif has launched on Thursday a new electronic passport for Saudi citizens.Maj. Gen.Khaled Al-Sikhan, assistant director-general of the General Directorate of Passports (Jawazat) for technical affairs, said that the new electronic passport is a...

More Details

Business & Money | Thursday 10 February, 2022 11:18 am

Bahri Board of Directors expands company capital and distributes profits for 2021

Bahri, a global leader in logistics and transportation, has announced that its Board of Directors is planning to issue free shares, expanding its capital to a total of SAR 4,921,875,000 equating to a 25% total increase. This move aims to expand Bahri’s capital base to match its assets and...

More Details

Business & Money | Thursday 10 February, 2022 10:44 am

Official: No intention to merge Absher, Tawakkalna applications

A senior Saudi official has dismissed reports that the government is planning to integrate its Absher and Tawakkalna apps. Speaking at the Innovation and Future of Government Work Conference, Prince Bandar bin Abdullah Al-Mishari, assistant minister of interior for technology affairs, said...

More Details

Business & Money | Thursday 10 February, 2022 10:16 am

Al Madina Real Estate Market Attracts a 20% share of demand in Saudi Arabia

Real estate investors are eagerly waiting to grab the five real estate opportunities up for sale in Al Madina and Yanbu, at the Jewels of Al Madina public auction, scheduled to open at 4:00 p.m. on Thursday in Taiba Hall at Hotel Le Meridien Madina. Hosted by Etqaan Real Estate, the auction...

More Details

Business & Money | Wednesday 9 February, 2022 10:32 am

Saudi Arabia witnesses 400% jump in issuance of investment licenses during 2021 Q4

Saudi Arabia, in the fourth quarter of 2021, witnessed a 400% jump in issuance of investment licenses compared to the same quarter of the previous year, deputy minister for economic affairs and investment studies at the Ministry of Investment Dr. Saad Al-Shahrani said.According to Al-Arabiya, Dr....

More Details

Business & Money | Tuesday 8 February, 2022 4:42 pm

Paper One Show, the premier international paper exhibition in the MENA region 7-8-9 March 2022.

Paper One Show, the premier international paper exhibition in the MENA region, brings together the paper industry professionals on 7-8-9 March 2022. Paper One Show, the premier international paper exhibition in the MENA region, brings together the paper industry professionals on 7-8-9 March...

More Details

Business & Money | Tuesday 8 February, 2022 9:48 am

Badiri participants gain insights into skillsets for launching investment projects in creative sectors

In line with its vision to enhance and build competencies of female professionals, the Badiri Education and Development Academy, the education and capacity building arm of NAMA Women Advancement (NAMA), recently organised a field visit to offer a comprehensive understanding of the creative...

More Details

Business & Money | Sunday 6 February, 2022 7:16 pm

Dubai’s Museum of the Future set to open to the public this month

The long-awaited Museum of the Future in Dubai finally has an opening date, with the new structure slated to open its doors to the public on Feb. 22. It will offer exhibitions, themed attractions and immersive theater. Each floor will be like an immersive film set from the future, while...

More Details

Business & Money | Friday 4 February, 2022 1:45 pm

98 new economic activities added to Dubai's vital sectors in 2021: Dubai DET

The Business Registration and Licensing (BRL) sector at the Department of Economy and Tourism (DET), Dubai, has added 98 new economic activities across a number of vital sectors in 2021, bringing the total number of economic activities to more than 2,200. This entails an increase of 88 percent ...

More Details

Business & Money | Friday 4 February, 2022 1:30 pm

CDF to support Saudi film sector with SR879 million financing

The Cultural Development Fund (CDF) announced on Wednesday its “Film Sector Financing Program" which aims to enhance the Saudi film sector’s infrastructure and boost its production with a budget of SR879 million.Mohammed Bin Dayel, CEO of the CDF, said on his Twitter: “The Film Sector...

More Details