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May 21, 2023
DHAKA: Saudi officials are working round-the-clock to facilitate the travel of more than 127,000 Bangladeshi pilgrims under the Makkah Route initiative this year, Riyadh’s envoy said on Sunday as the first Hajj flight left Dhaka for Jeddah. As the Hajj returned in 2023 to pre-pandemic arrangements, Bangladesh’s pilgrim quota has more than doubled compared with last year, when
May 21, 2023
MUSCAT: The official visit of Oman’s Sultan Haitham bin Tarik to Egypt would herald a new era in bilateral ties, said Oman’s ambassador to Cairo Abdullah Nasssir Al-Rahbi. Sultan Haitham is scheduled to arrive to Egypt on Sunday and meet with President Abdelfattah El-Sisi. Al-Rahbi said both leaders would discuss ways to boost cooperation across various fields and increase
May 21, 2023
RIYADH: More Saudi citizens will have access to easy financing solutions to help them own homes thanks to the agreements signed between the Kingdom’s Real Estate Development Fund and Bank Albilad and Saudi Awwal Bank. The parties will work together to help beneficiaries of the Kingdom’s housing program, Sakani. It is a real estate initiative aimed at supporting as well as
May 21, 2023
KABUL: The first batch of Hajj pilgrims from Afghanistan, some 346 men and women, left Kabul Airport for Saudi Arabia on Sunday morning. An estimated 30,000 Afghans will perform the spiritual journey this year, one of Islam’s five pillars of faith. The first group departed for Madinah on a plane operated by Kam Air — the largest private Afghan airline — and chartered by the
May 21, 2023
AMMAN: Jordan’s Interior Minister Mazen Al-Faraya met on Saturday with his Iraqi counterpart Abdul Amir Al-Shammari to discuss ways to boost security cooperation, Jordan News Agency reported on Sunday. The ministers discussed ways to facilitate the movement of people, vehicles and goods between the two countries, as well as exchanging security and administrative expertise.
May 21, 2023
RIYADH: Saudi Arabia is rapidly expanding its industrial sector with foreign and joint investments totaling more than SR542 billion ($144 billion), as the Kingdom continues to diversify its economy. This value represents 37 percent of the total investment seen in the industrial sector, the Saudi Press Agency reported. The number of factories with foreign investment in the
May 21, 2023
JEDDAH: The first batch of Hajj 2023 pilgrims from Bangladesh arrived in Jeddah on Sunday, through the dedicated Makkah Route initiative, at the seasonal Hajj terminal of King Abdulaziz International Airport. The arrival of this year’s pilgrims from outside Saudi Arabia marks the beginning of the first full capacity Hajj season after two limited years due to COVID-19. The
May 21, 2023
RIYADH: The Human Resources Development Fund (HRDF), in partnership with the King Saud University (KSU), launched Sunday at the university’s headquarters the career counselor training program, in cooperation with the National Career Development Association (NCDA). Turki bin Abdullah Al-Jawini, general manager of HRDF, and Mohammed Al-Numay, vice-rector for educational and
May 21, 2023
Free trade is the cornerstone of a competitive economy as it contributes to the prosperity of any nation and creates socioeconomic benefits. It also drives job creation and fosters a more efficient and competitive industry. In the words of Benjamin Franklin: “No nation was ever ruined by trade, even seemingly the most disadvantageous.” Over the last decades, not only were
May 21, 2023
RIYADH: FTSE Russell has added five Saudi companies to its indices, it announced in its quarterly review. It is a leading global index provider of benchmarks, analytics, and data solutions. Saudi firms Luberef, Arabian Drilling, and Marafiq have been added to FTSE Mid Cap Index and FTSE Global Equity Index. While Alsaif Gallery and 2P have become part of the FTSE Global