Business & Money | Sunday 6 May, 2018 2:57 am

Technology key economic enabler

As Saudi Arabia welcomes a series of reforms and initiatives as part of its on-going economic diversification drive, Mastercard, a leading technology company in the global payments industry, has further reiterated its commitment to bringing to the Kingdom cutting-edge payment technologies that will ...

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Business & Money | Saturday 5 May, 2018 1:30 pm

Saudi Arabia and Egypt seek increased trade, cooperation

Trade and coordination of joint positions in international and regional forums were highlighted during the 16th Saudi-Egyptian Joint Committee meeting that concluded in Riyadh on Thursday.  Following a series of bilateral meetings over the past two days, five working groups were formed to ...

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Government | Saturday 5 May, 2018 1:03 pm

More than 100 Saudis take part in special program Umrah trip

The first trip of the Umrah and visit program for the children of martyrs, people with special needs and orphans, organized by the Department of Public Relations in Makkah Governorate, departed from Jeddah to Makkah and Madinah on Friday.   The purpose of the trip was to enable...

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Business & Money | Friday 4 May, 2018 5:05 am

SAGIA aims to get Kingdom in top 20 for ease of doing business by 2020

Saudi Arabia wants to be in the top 20 countries measured by “ease of doing business” by 2020, the head of the Kingdom’s investment promotion agency, the Saudi Arabian General Investment Authority (SAGIA) said on Thursday. Ibrahim Al-Omar, SAGIA governor, said that there were a ...

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Government | Friday 4 May, 2018 2:58 am

The Council of Economic and Development Affairs Launched the Quality of Life Program 2020

The Council of Economic and Development Affairs (CEDA) has launched the Quality of Life Program 2020, one of the Vision Realization Programs 2030 approved by the Council of Ministers. The implementation plan for the program reflects the vision of the government of King Salman and Crown Prince...

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Sports | Friday 4 May, 2018 2:53 am

GSA Launches First Pilot Programs for Sports Economy

  Globally the gaming industry will make more than $100 billion this year and Saudi Arabia is set to supercharge its efforts to capture a growing share of that through eSports in the Kingdom. As part of the General Sports Authority’s bold vision for the sports economy which aims to ...

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Business & Money | Thursday 3 May, 2018 4:42 pm

First all-Female Operated Claims Center Officially Opens in Saudi Arabia

Salama Insurance announced the official opening of their first female claims center after the kingdom grants women the right to drive. The newest claims center aims to support female drivers and owners with the process of getting their claims.     The new facility was...

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Business & Money | Thursday 3 May, 2018 3:41 pm

NCB’s Net Income Increased SAR 2,987 Million for the First Quarter of 2018

The National Commercial Bank announced that net income for the first quarter of 2018 reached SAR 2,987 million compared to SAR 2,703 million for the same quarter of the previous year, an increase of 10.5%, and an increase of 16.8% compared to the SAR 2,556 million of the previous...

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Technology & IT | Thursday 3 May, 2018 1:36 pm

Badir Program launches new strategy to Invest in startups

Badir Program for Technology Incubators and Accelerators, one of the leading initiatives of King Abdulaziz City for Science and Technology (KACST), has launched a new investment strategy seeking to invest in “high potential” technology start-ups with a focus on the program's...

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Business & Money | Thursday 3 May, 2018 3:50 am

GDT and Najm launch ‘For Safer Roads’ drive

The General Department of Traffic (GDT) and Najm company for insurance services, launched a joint traffic awareness campaign under the theme “For Safer Roads”, which aims to encourage and sensitize road users, especially motorists, to abide by traffic laws and bring out behavior...

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