Tourism & Hospitality | Tuesday 2 January, 2024 9:11 am

Saudi Arabia's inbound tourism spending hits SAR 103B in 9M 2023

The Ministry of Tourism said that the Kingdom recorded the highest ever spending by inbound tourism until the end of Q3 2023, which reached SAR 102.6 billion, with 53% growth year-on-year (YoY). The travel surplus in the balance of payments rose by 72% YoY, reaching SAR 37.8 billion at the end ...

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Government | Tuesday 2 January, 2024 9:08 am

King Salman extends additional support for Citizen’s Account beneficiaries until 2024-end

King Salman bin Abdulaziz Al Saud issued directives on extending support for the Citizen’s Account Program beneficiaries until the end of 2024. Registration in the program will also remain open.  This came as part of the continuous efforts aimed at protecting eligible...

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Business & Money | Tuesday 2 January, 2024 1:44 am

Here are key Saudi economic events in 2023

The Saudi economy witnessed several major events during 2023, the most prominent of which is hosting Expo 2030 and World Cup 2034, and opening Lucid’s first electric vehicle (EV) factory in the Kingdom.   Moreover, Crown Prince Mohammed bin Salman announced a number of projects,...

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Environment & Energy | Tuesday 2 January, 2024 1:42 am

80 countries participate in Ministerial Roundtable

The Future Minerals Forum (FMF) announced today that its Ministerial Roundtable due to be held on 9 January 2024, ahead of the third edition of the Forum, is set to break attendance records. Of the eighty countries so far confirmed to attend, more than forty-five will be sending ministers to take...

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Government | Tuesday 2 January, 2024 1:41 am

Nazaha investigates 207 suspects, arrests 141 in December

The Oversight and Anti-Corruption Authority (Nazaha) investigated several legal and administrative cases through 1,481 inspection tours in December.   The authority investigated 207 alleged suspects and arrested 141 others, some of whom were released on bail, for crimes such as...

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Cars & Autos | Tuesday 2 January, 2024 1:36 am

Najm is the Official Traffic Safety Partner for the 6th International Traffic Safety Forum and Exhibition

Najm for Insurance Services was honored by Eastern Province Governor HRH Prince Saud bin Naif bin Abdulaziz for its participation in the Sixth International Traffic Safety Forum and Exhibition as the Official Traffic Safety Partner. The Saudi Society for Traffic Safety (SALAMA) organized the forum...

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Business & Money | Monday 1 January, 2024 4:38 pm

PIF top sovereign investor in 2023: SWFI

The Public Investment Fund (PIF) is the world’s most active sovereign wealth fund in terms of investments in 2023. The fund invested $31.6 billion last year, a rise of 33%, compared to $20.7 billion in 2022, according to the Sovereign Wealth Fund Institute (SWFI). PIF invested ...

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Tourism & Hospitality | Monday 1 January, 2024 11:12 am

RADISSON HOTEL RIYADH AIRPORT LAUNCHES ITS SECOND RESTAURANT: THE LOUNGE

Following the successful launch of its Lune restaurant, Radisson Hotel Riyadh Airport is delighted to announce the opening of a new dining venue: The Lounge. The positive feedback garnered since the opening of Lune has not only established the hotel as a sought-after destination but has also driven ...

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Government | Monday 1 January, 2024 10:56 am

Enhancing Ties: Dubai Customs and Qatari Consulate Collaborate for Trade and Innovation

H.E. Ahmed Mahboob Musabih, Director General of Dubai Customs and CEO of Ports, Customs, and Free Zone Corporation, warmly received the newly appointed Consul General of the State of Qatar in Dubai, H.E. Sa’eed bin Ali Al-Hajri, in his office.   During the meeting, Musabah...

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Business & Money | Monday 1 January, 2024 9:57 am

Lieutenant General Dr. Sheikh Mohamed Bin Abdullah chairs BRCS Board Meeting

His Excellency Lieutenant General Doctor Sheikh Mohamed Bin Abdullah Al Khalifa, Chairman of the Board of Directors of the Bahrain Red Crescent Society (BRCS), chaired the work of the regular meeting of the Board of Directors of the Society, in the presence of Mr. Ali bin Mohammed Murad, First Vice ...

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