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Saudi Fund for Development inaugurated new infrastructure projects in Djibouti worth US$ 137 million
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Resort, hotels and plots of land up for grabs in the awaited Jewels of Madina public auction
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Australia-based Avass Group signs MoU with HRH Prince of Saudi Arabia to manufacture electric vehicles, lithium batteries
US
FreshToHome – world’s largest online fresh fish and meat brand raises $121M to expand in UAE, Saudi Arabia and India
FreshToHome, the world’s largest fully integrated online brand in fresh fish and meat e-commerce raised $121M in Series C funding led by Investment Corporation of Dubai (ICD)-the principal investment arm of the Government of
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Russia reports 16,550 new coronavirus cases in past 24 hours
MOSCOW: Russia recorded 16,550 new coronavirus cases on Tuesday, including 4,312 in Moscow, pushing the national tally to 1,547,774. Authorities said 320 people had died in the last 24 hours, raising the official death toll to 26,589.
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Saudi Arabia first in Arab world for issuing scientific papers on virus
Saudi Arabia was ranked first in the Arab world for issuing scientific papers on the coronavirus, the government heard on Tuesday. King Salman chaired a virtual session of the cabinet which reviewed various aspects related to the fight against the
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5,000 people from Saudi Arabia to undergo vaccine trials once approved
JEDDAH: Around 5,000 people from Saudi Arabia will undergo vaccine trials once a COVID-19 vaccine is approved by the country’s Food and Drug
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Oil producers may struggle to gauge demand amid second coronavirus wave: energy watchdog
Global oil stocks which rose during the height of the pandemic are being steadily reduced, the International Energy Agency (IEA) said on Wednesday,
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Italy considers extending COVID-19 emergency until Jan. 31
ROME: Italy is considering extending until Jan. 31 next year its state of emergency over the COVID-19 crisis, two national newspapers said on
Read MoreSaudi Arabia looks to cut spending in bid to shrink deficit
Saudi Arabia plans to reduce spending next year by about 7.5 percent to SR990 billion ($263.9 billion) as it seeks to reduce its deficit. This compares to spending of SR1.07 trillion this year, it said in a preliminary budget statement. The
Read MoreGulf financial resilience to help ‘difficult’ recovery
DUBAI: The Gulf region is expected to face a difficult recovery from the economic shock of the coronavirus disease (COVID-19) pandemic, but general financial resilience can be expected to mitigate the pain for its major economies. That was
Read MoreFew COVID-19 violations in Saudi Arabia's Eastern Province, municipality finds
DAMMAM: The Eastern Province municipality has carried out almost 400 inspections to ensure that commercial establishments in the province are adhering to COVID-19 precautionary measures, according to a report issued on Thursday. Only four of
Read MoreLufthansa to cut more jobs as it loses €500m a month
Lufthansa said Monday it will slash more jobs on top of 22,000 previously announced cuts and put more planes out of service with current losses running at some €500 million ($590 million) a month. With demand set to be lower than expected
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