Business & Money | Sunday 26 June, 2016 11:53 am

At MIT, Al-Falih focuses on Kingdom’s long-term future

The Massachusetts Institute of Technology (MIT) hosted Energy, Industry and Mineral Resources Minister Khalid Al-Falih for a wide-ranging discussion on Friday about Saudi Arabia’s long-term directions in economic and human development. The event convened a group of leaders from academic...

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Tourism & Hospitality | Sunday 26 June, 2016 11:48 am

Prince Khaled to lay foundation stone for renovation of 8 historic mosques in Jeddah

Prince Khaled Al-Faisal, emir of Makkah province, adviser to Custodian of the Two Holy Mosques and chairman of the Tourism Development Council in the region, is scheduled to lay the foundation stone for the renovation of eight historic mosques in Jeddah governorate on Sunday night, the Saudi Press...

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Government | Sunday 26 June, 2016 11:40 am

King orders SR1,691m in assistance to social security beneficiaries

Custodian of the Two Holy Mosques King Salman has issued an order for paying SR1,691 million in assistance to beneficiaries included in the social security system. In a statement to Saudi Press Agency (SPA), Mufarrej Al-Haqabani, Minister of Labor and Social Development, thanked the King for...

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Business & Money | Saturday 25 June, 2016 3:17 pm

Mohammed bin Salman 3m company delivers commercial license in Saudi Arabia

3M has been granted a trading license as part of a long-term strategic partnership with the Saudi government. The global, science-based company becomes one of only three companies to be granted 100 percent ownership and the ability to operate and invest in Saudi Arabia.   3M officially...

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Business & Money | Saturday 25 June, 2016 3:02 pm

Saudi Deputy Crown Prince meets Apple chief Tim Cook

Saudi Deputy Crown Prince Mohammed bin Salman has met with Apple’s CEO Tim Cook in New York on Friday. Prince Mohammed’s meeting with the top technology company followed his visit to Facebook’s headquarters on Wednesday and met with the tech giant’s founder and president, ...

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Tourism & Hospitality | Saturday 25 June, 2016 5:40 am

Two trains every hour between the holy cities

Thirty-six trains would be running every day, two every hour between Makkah and Madinah, transporting on average 15,000 passengers.  Most parts of the multibillion high-speed Haramain railway line will be completed this year. There are major stations in each of these cities including Jeddah, ...

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Government | Saturday 25 June, 2016 5:30 am

King arrives in Makkah

Custodian of the Two Holy Mosques King Salman arrived in Makkah from Jeddah on Friday night to spend the last 10 days of the holy month of Ramadan in the vicinity of the Holy Kaaba. Upon arrival at Al-Safa Palace, the King was received by Prince Faisal Bin Abdullah Bin Turki, Prince Faisal Bin...

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Business & Money | Friday 24 June, 2016 4:51 pm

King Salman inaugurates development projects in Madinah

Custodian of the Two Holy Mosques King Salman inaugurated a number of development projects in Madinah on Thursday evening and graced a ceremony by the people of Madinah. The ceremony began by a reading of verses of the Holy Quran. During the ceremony, a number of speeches were delivered. They...

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Business & Money | Friday 24 June, 2016 7:03 am

First Saudi-built Renault Truck rolls out of AVI facility in KAEC

THE new era of Renault Trucks in Saudi Arabia started recently with the assembly of its first C & K range models at its newly built state-of-the-art assembly facility of Arabian Vehicles & Trucks Industry Co. Ltd. (AVI), based in King Abdullah Economic City (KAEC). A milestone for...

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Government | Friday 24 June, 2016 5:42 am

Deputy Crown Prince to meet Hollande in Paris Monday

 Deputy Crown Prince Muhammad Bin Salman, second deputy premier and minister of defense, will travel to Paris next week to reinforce growing ties between the two countries, the French Embassy in Riyadh said on Thursday. Prince Muhammad will hold talks on Monday with President Francois...

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