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Saudi Arabia spent $1.4bn on incentives for local military industry in 21/22: GAMI governor

RIYADH: Saudi Arabia has spent SR5.1 billion ($1.4 billion) in incentives to boost its local military industry over the last two years, Governor of the General Authority for Military Industries Ahmad Al-Ohali revealed during the second day of the 2023 Budget Forum. Al-Ohali said the incentives included SR3.3 billion which was directed to research and development in the ....

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Reckless driver arrested after injuring mother and her two children

The traffic police managed to arrest the driver after a video clip went viral on social media showing him driving his car recklessly. This reckless driving caused his vehicle to swerve on the road and collide with two parked vehicles. ....

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SIDF chief stresses importance of increasing women's labor market roles

RIYADH: The CEO of the Saudi Industrial Development Fund expects an increase in the number of women occupying leadership positions in the fund. In an interview with Arab News, Ibrahim Almojel stressed the importance of policymakers, government organizations and enterprises creating environments that contribute to empowering women. “Improving the status of women in the labor ....

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SMEs should adopt technology to retain talent, says SIDF CEO

RIYADH: Small and medium enterprises should adopt technology to attract and retain talent, which will help the workforce feel at home, said CEO of the Saudi Industrial Development Fund. While speaking at the World Economic Forum annual meeting in Davos on Tuesday, Ibrahim Almojel said Saudi Arabia is ready to help SMEs leverage the online tools to access talent and prepare ....

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