Business & Money | Thursday 19 March, 2020 1:25 am

Minister of Finance and Acting Minister of Economy and Planning: Government is taking precautionary financial measures to face effects of the global epidemic (COVID-19)

Due to the economic and global conditions resulting from the consequences of the global epidemic (COVID-19), and the sharp decline in the outlook for global economic growth and its negative impact on oil markets, and its direct impact on public finances in the Kingdom of Saudi Arabia, the...

More Details

Technology & IT | Thursday 19 March, 2020 1:07 am

OPPO launches photography expert Reno3 Series in the Middle East, delivering "Clear in Every Shot"

OPPO, the leading global technology brand, has announced the launch of its Reno3 Series in the Middle East. Powered by 64MP Zoom Camera with 20x Digital Zoom, Ultra Steady Video 2.0, 44MP Dual Front Camera with Ultra Night Selfie Mode. Along with OPPO's latest ColorOS 7 based on Android 10, the ...

More Details

Business & Money | Thursday 19 March, 2020 12:28 am

SAMA: stop freezing customer bank accounts for three cases

Saudi Arabian Monetary Authority "Sama" announced the issuance of its decision to suspend the freezing of clients' bank accounts for a period of (30) days, according to specific cases. This step is attached to the instructions issued by the institution regarding regulating the work...

More Details

Environment & Energy | Thursday 19 March, 2020 12:15 am

Ministry of Energy directed Saudi Aramco to continue to supply crude oil at a level of 12.3 mbd

Ministry of Energy directed Saudi Aramco to continue to supply crude oil at a level of 12.3 mbd over the coming months. ...

More Details

Cars & Autos | Wednesday 18 March, 2020 3:48 pm

SAMACO Automotive announce record results for the Audi brand in Saudi Arabia

Samaco Automotive Company the exclusive dealer of Audi cars in Saudi Arabia, announced a significant achievement in sales at the end of 2019, posting more than 20% sales growth compared to the same period in 2018. The models showing greatest success in the Kingdom included the Audi A8, which...

More Details

Business & Money | Wednesday 18 March, 2020 3:31 pm

Dubai Investments rolls out measures to help combat COVID-19

In response to the global outbreak of the Coronavirus (COVID-19) and in line with precautionary measures adopted and implemented by the government, Dubai Investments, the leading, diversified investment company listed on the Dubai Financial Market, has committed to supporting the government...

More Details

Technology & IT | Wednesday 18 March, 2020 3:27 pm

BIGO’s Likee makes strong regional case for short-form videos

Likee, the pioneering global short video creation platform from Singapore-based BIGO Technology, has strengthened its focus on the Middle East and North Africa region, in response to a significant rise in user numbers. Offering short-form videos – recorded and live-streamed – Likee is...

More Details

Business & Money | Wednesday 18 March, 2020 3:24 pm

Consul Generals of Indonesia and Thailand visit Ras Al Khaimah to explore potential economic cooperation

HH Sheikh Ahmed bin Saqr Al Qasimi, Chairman of Ras Al Khaimah Economic Zone (RAKEZ), has recently welcomed HE Ridwan Hassan, Consul General of Indonesia to the United Arab Emirates (UAE) during his visit to Ras Al Khaimah and RAKEZ to discuss ways on boosting the economic relationship between...

More Details

Culture & Education | Wednesday 18 March, 2020 2:48 pm

Red Sea International Film Festival Foundation Launches a Community Relief Fund to Support Saudi Filmmakers

The non-profit Red Sea International Film Festival Foundation announced a fund of SAR200,000 in the form of emergency community relief grants to support Saudi filmmakers.    The fund aims to help freelance Saudi filmmakers who have sustained a financial loss resulting from...

More Details

Business & Money | Wednesday 18 March, 2020 12:30 pm

Ma’aden achieves ISO 55001 and ISO 31000 certifications at two of its major complexes

Saudi Arabian Mining Company (Ma’aden) subsidiary Ma’aden Phosphate Company (MPC) has received the ISO Asset Management System (ISO 55001) and ISO Risk Management System (ISO 31000) certifications for its two major complexes, the Integrated Fertilizer Production Complex in Ras Al Khair...

More Details