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June 7, 2023
RIYADH: Saudi Arabia’s logistical connectivity is set to receive a boost as three of its government agencies signed an agreement to integrate the Kingdom’s air and sea transport networks amid a push to become a regional hub. The Saudi Ports Authority, also known as Mawani, the General Authority of Civil Aviation and the Zakat, Tax, and Customs Authority have signed a
June 7, 2023
RIYADH: Thanks to a strong currency and a ceiling on gasoline prices, the International Monetary Fund has kept its inflation projection for Saudi Arabia unchanged at 2.8 percent in 2023. The Kingdom’s non-oil sector is predicted to remain strong and grow at an average of 5 percent this year, the Washington-based lender noted. The growth of the non-oil sector is considered very
June 7, 2023
Google announced a range of new AI-powered solutions to
June 7, 2023
RIYADH: The introduction of a unified tourist visa between Saudi Arabia and Oman was one of the several initiatives agreed upon at a high-level meeting held between officials of the two countries. The exploration of a joint tourism calendar and facilitation of seasonal trips between the two countries were also discussed when Saudi Minister of Tourism Ahmed Al-Khateeb met with
June 7, 2023
RIYADH: Saudi Arabia’s King Salman has issued on Wednesday a royal decree to establish a new institute for the Global Cybersecurity Forum (GCF) in Riyadh, state news agency SPA reported. The institute aims to harness the potential of cyberspace and support efforts to boost cyber safety on a global scale. “The GCF Institute will tackle the most challenging cybersecurity issues
June 7, 2023
RIYADH: Saudi Arabia’s Public Investment Fund-owned football club Newcastle United has extended its sleeve sponsorship agreement with the e-commerce platform Noon. According to a press release, the logo of Saudi-based Noon will continue to be displayed on the sleeve of Newcastle’s first-team kit across all competitions. Newcastle United has been owned by a consortium led by
June 7, 2023
RIYADH: Turkish decor group Serdur has finalized an agreement with Dubai-based real estate developer Andalusia Courtyard to establish an office in the UAE and a $10 million factory in Saudi Arabia. The strategic partnership with Andalusia Courtyard will pave the way for the Turkish group’s expansion into the Middle East, with a primary focus on the UAE and Saudi markets. “We
June 7, 2023
ROME: More than 1,400 migrants have been rescued from overcrowded vessels, including a sailboat, in four separate operations in the Mediterranean Sea off southern Italy, the Italian coast guard said Wednesday. There were 47 migrants, including two children in immediate need of medical care, aboard the sailboat in distress off the region of Calabria, in the “toe” of the Italian
June 7, 2023
ISTANBUL: President Recep Tayyip Erdogan on Wednesday proposed, in a call with his Ukrainian counterpart, creating an international commission to probe the destruction of a major dam in southern Ukraine, his office reported. Moscow and Kyiv have traded blame for the destruction of Kakhovka hydroelectric dam, which was ripped open early Tuesday after a reported blast.
June 7, 2023
OUAGADOUGOU: Twenty-one people, most of them members of the security forces, have been killed in Burkina Faso in attacks by suspected militants, security sources said on Wednesday. Fourteen members of the VDP volunteer militia and four soldiers died on Monday in Sawenga in central-eastern Burkina, while five were wounded, a source said. Another security source confirmed the