Business & Money | Monday 10 July, 2023 9:31 am

Red Sea Global on right track, to generate revenues this year: CEO

Red Sea Global (RSG) remains largely on track to deliver its target of opening three resorts this year, said CEO John Pagano.   In an interview with Al-Arabiya TV, Pagano indicated that the company is in process of handing over...

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Government | Monday 10 July, 2023 9:27 am

Saudi Arabia, Kuwait discuss accelerating 'Divided Area' projects

The Kuwait-Saudi Joint Committee discussed today, July 9, accelerating the petroleum projects related to the "Divided Area", said Sheikh Nimer Al-Sabah, Kuwait's Undersecretary of the Ministry of Oil.   He added that the committee stressed the importance of implementing the...

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Government | Monday 10 July, 2023 9:16 am

Service for subsidizing feedstock orders launched on Senaei platform

The Ministry of Industry and Mineral Resources launched the service of subsidizing petrochemical feedstock orders on Senaei platform. In a statement, the ministry said the new service is launched under the petrochemical supply chain committee, which aims to boost the current production...

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Government | Monday 10 July, 2023 9:14 am

Ministry of Commerce drafts 10 high-priority laws, regulations in 2023

The Ministry of Commerce is drafting 10 draft laws and regulations of high priority in 2023.   Six draft laws cover consumer protection, commercial registration, trade names, commercial transactions, brokerage and rules for establishing government companies.   The...

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Business & Money | Monday 10 July, 2023 9:11 am

Arada reports 186% rise in sales during first half of 2023 to AED4.26bn as demand surges for popular communities in Sharjah and Dubai

Arada has reported a record-breaking sales performance during the first half of the year, as buyer demand for its lifestyle communities in Sharjah and Dubai continues to gather pace. The master developer posted a 186% increase in sales in the first six months of 2023 compared to the same period in...

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Government | Monday 10 July, 2023 9:11 am

SAMA licenses REDF-owned firm to provide insurance services

Saudi Central Bank (SAMA) licensed the Saudi Mortgage Guarantee Services Company (Dhamanat), a company owned by the Real Estate Development Fund (REDF), to provide general insurance and protection and savings insurance services.   It added that this initiative is pursuant to the...

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Government | Monday 10 July, 2023 9:06 am

Ministry of Commerce issues 56,400 commercial registers in Q2 2023

The Ministry of Commerce issued its Q2 2023 bulletin on the performance of the Saudi business sector.More than 56,000 commercial registers were issued in the second quarter. The total number of existing commercial registers exceeded 1.35 million. Top 10 Sectors by Commercial...

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Technology & IT | Monday 10 July, 2023 9:04 am

stc, Zain KSA, Mobily join hands to offer services to govt entities

stc, Mobile Telecommunication Company Saudi Arabia (Zain KSA) and Etihad Etisalat Co. (Mobily) formed an alliance to offer innovative services and products to support decision making in government entities, Saudi Press Agency reported. The alliance is a qualitative initiative at the regional...

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Tourism & Hospitality | Monday 10 July, 2023 8:42 am

Airbus supports Hajj 2023 with secure communication technology

Airbus supplied secure and state-of-the-art communication technology to support the holy pilgrimage in Mecca. Airbus deployed its advanced communication solutions to support the security and emergency personnel involved in this monumental event. Airbus' comprehensive portfolio of communication ...

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Technology & IT | Monday 10 July, 2023 8:37 am

World-class educational opportunities offered through GameDevZone at Gamers8: The Land of Heroes this summer

Gamers8: The Land of Heroes, the biggest gaming and esports festival worldwide, is proud to feature ‘GameDevZone’, an educational platform that offers world-class opportunities to enhance and expand Saudi Arabia’s gaming and esports sector.  More than 20 programs will be on offer at ...

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