Business & Money | Sunday 11 April, 2021 9:18 am

Alkhair Capital becomes first Saudi financial institute with offices in KAFD

Alkhair Capital, a leading Riyadh-based, Shariah-compliant financial institute, announced Saturday the move of their offices to King Abdullah Financial District (KAFD). Alkhair Capital is a CMA-authorised financial institute, established in 2009 in Riyadh. Today, Alkhair Capital has around...

More Details

Government | Sunday 11 April, 2021 9:04 am

Saudia discusses preparations for resumption of international flights next month

 The Board of Directors of Saudi Arabian Airlines Corporation, headed by the Minister of Transport, Saleh Al-Jasser, has urged speeding up preparations for the return of international flights next month. It is noteworthy that the Ministry of Interior had amended last Jan. 29, the date for ...

More Details

Government | Sunday 11 April, 2021 9:02 am

Islamic Affairs Ministry Launches King’s Program for Iftar in Senegal

 The Ministry of Islamic Affairs, Call and Guidance, represented by the Religious Attaché at the Kingdom's embassy in the Senegalese capital, Dakar, launched the programs of the Custodian of the Two Holy Mosques 'gift of luxury dates" and Ramadan Iftar (breaking fast). On the occasion,...

More Details

Healthcare | Sunday 11 April, 2021 8:54 am

MoH expands first dose appointments, postpones second dose until further notice

The Ministry of Health has announced on Saturday the expansion of administering the first dose of COVID-19 vaccine, postponing all dates for the second dose, and rescheduling it later to cover a large segment of society with the first dose. The Ministry clarified that it will postpone all...

More Details

Business & Money | Sunday 11 April, 2021 12:05 am

Saudi Aramco Signs $12.4 Billion Infrastructure Investment Deal with EIG-Led Consortium

Saudi Aramco has signed a deal with a consortium led by EIG Global Energy Partners (EIG), one of the world’s leading energy infrastructure investors, to optimize its assets through a lease-and-lease-back agreement involving its stabilized crude oil pipeline network. Upon closing, Saudi...

More Details

Environment & Energy | Friday 9 April, 2021 6:16 pm

HRH Crown Prince: The Launch of the Sakaka IPP PV and the Signing of PPA’s for Seven New Projects are the Result of Implementing Directives of Custodian of the Two Holy Mosques to Develop the Saudi Economy

His Royal Highness Prince Mohammad bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister, Minister of Defense, Chairman of the Supreme Committee for Energy Mix Affairs for Electricity Production and Enabling Renewable Energy Sector said that the launch of the Sakaka IPP PV and the signing...

More Details

Business & Money | Friday 9 April, 2021 12:00 pm

Public Investment Fund (PIF) reaches major milestone in landmark Solar PV project

The Public Investment Fund (“PIF” or “Fund”) announced today a major milestone in its renewable energy program with the launch of the Sudair Solar PV plant in Sudair Industrial City, with a PIF-backed consortium signing a power purchase agreement with the Saudi Power Procurement Company for ...

More Details

Cars & Autos | Thursday 8 April, 2021 3:16 pm

2021 GENESIS GV80 EARNS TOP SAFETY PICK+ AWARD

Today, the Insurance Institute for Highway Safety (IIHS) announced that the first-ever 2021 Genesis GV80 SUV has been designated as TOP SAFETY PICK+ (TSP+) for 2021. GV80 joins the 2021 G70 sport sedan and 2021 G90 flagship sedan with top honors and prior to this, G70, G80, and G90 all received TOP ...

More Details

Business & Money | Thursday 8 April, 2021 9:33 am

Aramco participates in the launch of Altamayyuz Academy

Aramco Wednesday announced its creation and participation in the launch of Altamayyuz Finance and Accounting Excellence Academy, a first-of-its-kind collaboration between leading accountancy firms and investment banks which establishes a center of excellence for finance and accounting. The...

More Details

Business & Money | Thursday 8 April, 2021 9:29 am

More than 850 companies apply for ‘Made in Saudi’ program

More than 850 companies have applied to join the ‘“Made in Saudi” program, the Saudi Press Agency reported.   Faisal Al-Bedah, the secretary-general of the Saudi Export Development Authority, on Wednesday addressed aspects of the program during a virtual meeting organized by the...

More Details