Government | Wednesday 18 October, 2023 10:09 am

Saudi Fund for Development Signs Additional $20 Million Development Loan Agreement to Fund Infrastructure Projects in the Republic of Central Africa

The Saudi Fund for Development (SFD) Chief Executive Officer, H.E. Sultan Al-Marshad, signed today an additional development loan agreement with the Prime Minister and Minister of State in Charge of Economy, Planning, and International Corporation of the Republic of Central Africa, H.E. Felix...

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Government | Tuesday 17 October, 2023 1:34 pm

GAMI unveils investment opportunities in military industries sector

Ahmed Al-Ohali, Governor of the General Authority for Military Industries (GAMI), announced offering investment opportunities in the local military industries sector.   In the first phase, 10 investment opportunities are offered for military and civilian applications, including...

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Government | Monday 16 October, 2023 3:29 pm

Crown Prince launches Ardara to develop AlWadi in Abha

Prince Mohammed bin Salman, Crown Prince, Prime Minister, and Chairman of the Public Investment Fund (PIF), announced today,Oct. 16, the launch of Ardara Company, which will develop AlWadi in Aseer Region, located in the southwest of Saudi Arabia. This will be the company’s first...

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Government | Friday 13 October, 2023 6:18 pm

Abu Dhabi Customs participates in GITEX Global 2023

The General Administration of Abu Dhabi Customs is participating under the slogan "We Shape Tomorrow’s Customs with Today’s Innovations" in GITEX Global 2023, which will be held at Dubai World Trade Centre from October 16 to 20, 2023. Through its pavilion within the Abu Dhabi Government...

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Government | Friday 13 October, 2023 7:27 am

Mohamed Al Hussaini chairs WBG/IMF Development Committee meeting, calls for unified global efforts to face development challenges

Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, today chaired the main session of the 108th meeting of the joint World Bank Group (WBG)/International Monetary Fund (IMF) Development Committee.The meeting was attended by Ajay Bunga, President of the WBG, Kristalina Georgieva,...

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Government | Friday 13 October, 2023 6:20 am

Crown Prince unveils master plan for new Abha International Airport

Crown Prince Mohammed bin Salman launched, today, Oct. 12, the general master plan for the new Abha International Airport, the state-run SPA reported. The new airport aims to embody a consistent architectural identity that complements the heritage of the Asir region, transforming it into a...

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Government | Wednesday 11 October, 2023 9:14 am

Saudi-Russian Business Council encourages Russian businesses to locate HQs in the Kingdom

The Saudi-Russian Business Council is working to encourage Russian companies to locate their headquarters in the Kingdom, chairman Tariq Al-Qahtani said.   Al-Qahtani added, according to a tweet by the Federation of Saudi Chambers (FSC) on X platform, that one of the council's...

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Government | Wednesday 11 October, 2023 9:06 am

Eastern Province Governor in Saudi Arabia Inaugurates Gulf Electricity Market Connection with Iraq Worth $300 Million Annually

His Royal Highness Prince Saud bin Naif bin Abdulaziz, the Governor of Saudi Arabia's Eastern Province, inaugurated the Gulf Electricity Market Project's connection platform with the Republic of Iraq on Tuesday, October 10, at the GCC Interconnection Authority (GCCIA) headquarters in Al Dammam...

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Government | Monday 9 October, 2023 9:19 am

Expo Centre Sharjah & Algerian SAFEX explore avenues of bolstering cooperation

Expo Centre Sharjah has discussed with Algerian Company of Fairs and Exhibitions (SAFEX) ways to strengthen collaboration in joint exhibitions and bolster the presence of Algerian businesses in various events and exhibitions hosted by the centre throughout the year.The discussions were held during...

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Government | Monday 9 October, 2023 8:56 am

King Salman raises basic minimum pension for social security beneficiaries

The Saudi King issued directives today, Oct. 8, on raising the basic minimum pension for social security beneficiaries by 20%. Meanwhile, the Citizen Account Program will remain in effect while adding certain factors to enhance support efficiency and ensure that benefits are received by the...

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