Government | Tuesday 24 October, 2023 9:02 am

Public Prosecution convicts 7 for over SAR 1 bln in money laundering

The Prosecution for Financial Fraud Crimes concluded investigations into a criminal organization consisting of six citizens and an expatriate of Arab nationality for involvement in money laundering.     The citizens...

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Government | Monday 23 October, 2023 3:14 pm

Crown Prince launches Esports World Cup

Crown Prince Mohammed bin Salman announced today, Oct. 23, the launch of the Esports World Cup to be held annually in Riyadh starting summer 2024.   The event will serve as a platform that supports the gaming and esports sector and consolidates Saudi Arabia’s position as a hub for...

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Government | Monday 23 October, 2023 8:26 am

Saudi Arabia, South Korea sign bilateral agreements

Saudi Crown Prince Mohammed bin Salman welcomed Korean President Yoon Suk Yeol at Al Yamamah Palace in Riyadh today, Oct. 22. Both leaders held an expanded meeting, and an official talks session, the SPA reported. During the meeting, the two sides held official discussions about bilateral ...

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Government | Sunday 22 October, 2023 12:56 pm

Dubai Customs Showcases Cutting-Edge Innovations and Expands Global Collaborations

Dubai Customs is deeply committed to bolstering its regional and global prominence in advancing customs operations. They achieve this by nurturing partnerships with customs administrations worldwide. This is accomplished through hosting visiting delegations and acquainting them with the innovative...

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Government | Saturday 21 October, 2023 7:51 am

Real Estate Registry to establish unit to preserve rights: Official

The National Real Estate Registration Services Co. (Real Estate Registry) seeks to establish an advanced real estate registry to preserve real estate rights, as well as provide a sustainable real estate environment and an effective system for the local real estate sector, said CEO Mohammad...

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Government | Saturday 21 October, 2023 7:44 am

GCC seeks to boost relations with ASEAN countries: Crown Prince

Crown Prince Mohammed bin Salman said the GCC countries look forward to strengthening relations with ASEAN countries in all fields. The trade exchange between the GCC and ASEAN countries increased to $137.7 billion in 2022, representing 8% of the GCC's total trade exchange in the world, the...

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Government | Wednesday 18 October, 2023 10:14 am

King Salman Park launches fund to develop real estate project

King Salman Park launched a fund, in partnership with the private sector, to develop a real estate investment project, Saudi Press Agency reported.  The investment fund aims to develop more than 290,000 square meters of King Salman Park, with SAR 4 billion in capital. The...

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Government | Wednesday 18 October, 2023 10:11 am

Saudi Fund for Development Signs First $100 Million Development Loan Agreement to Establish a Climate Smart Infrastructure Project in Grenada

The Saudi Fund for Development (SFD) Chief Executive Officer, H.E. Sultan Al-Marshad, signed today SFD’s first development loan agreement in Grenada with the Minister of Finance of Grenada, Hon. Dennis Cornwall, through which SFD is contributing $100 million USD to fund the construction of the...

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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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