Government | Monday 7 August, 2023 9:08 am

Saudi Arabia grants electronic visitor visa to nationals of 8 more countries

The Saudi Ministry of Tourism said nationals from Azerbaijan, Albania, Uzbekistan, South Africa, Georgia, Tajikistan, Kyrgyzstan and Maldives can now apply for a visitor visa online, bringing the total number of countries benefiting from this system o 57.    Nationals from the...

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Business & Money | Monday 7 August, 2023 8:59 am

Saudi, Turkish firms sign agreements to localize drone industry

Several Saudi companies specialized in military and defense industries signed an agreement and two memorandums of understanding (MoUs) with Turkish defense companies to localize the drone industry and its component systems within the Kingdom. The agreement and MoUs complemented the two...

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Technology & IT | Monday 7 August, 2023 8:54 am

‘This is the biggest win of my career’ – Reynor roars to StarCraft II victory at Gamers8: The Land of Heroes

‘Italian Stallion’ Reynor galloped to StarCraft II victory on Sunday night at Gamers8: The Land of Heroes, the biggest gaming and esports festival worldwide, and declared his comeback triumph in the final as “the biggest win of my career”.    Down 1-0 to South Korean...

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Tourism & Hospitality | Monday 7 August, 2023 8:21 am

IMMERSE YOURSELF IN A WORLD OF UNPARALLELED LUXURY AT FAIRMONT RAMLA SERVICED RESIDENCES RIYADH

Fairmont Ramla Serviced Residences Riyadh, Fairmont’s first serviced residences in KSA, is now open to the public. Standing tall with its magnificent 35 floors, the property graces Riyadh's skyline as a symbol of opulent living, offering an unparalleled experiences and lifestyle. Jointly unveiled ...

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Technology & IT | Monday 7 August, 2023 12:48 am

Package undelivered: Kaspersky warns of scams targeting courier service users in the Middle East

Kaspersky experts detected a wave of scams related to courier services in the Middle East, Turkiye, and Africa. Fraudsters are employing deceptive tactics to trick unsuspecting users into divulging their financial information by claiming packages were undelivered due to unpaid delivery fees. Emails ...

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Healthcare | Sunday 6 August, 2023 4:16 pm

Saudi Arabia punishes breast milk substitutes marketers

Saudi Health Minister Fahd Al-Jalajel authorized on Wednesday, August 2nd, a decision to fine a pharmaceutical company for violating the Breast Milk Substitutes BMS code. Saudi Health explained that a specialized committee approved those penalties with fines reaching $67k. The company's...

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Business & Money | Sunday 6 August, 2023 2:00 pm

NWC Awards SAR1.6 Billion Manfouha Treatment Plants O&M Contract to AlKhorayef Company

The National Water Company (NWC) announced that it has awarded a Long-Term Operation and Maintenance (LTOM) contract for the rehabilitation, operation and maintenance of sewage treatment plants (STPs) in Manfouha, Riyadh, to Alkhorayef Water and Power Technologies Company (AWPT). The contract spans ...

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Business & Money | Sunday 6 August, 2023 12:39 pm

PIF Establishes SRJ Sports Investments Company to Elevate Sports Sector in Saudi Arabia and MENA

The Public Investment Fund (PIF) today announced the establishment of SRJ Sports Investments, a sports investment company that aims to accelerate the growth of the sports sector in Saudi Arabia and MENA.   SRJ Sports Investments will invest in acquiring and creating new sports events ...

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Business & Money | Sunday 6 August, 2023 12:15 pm

Some project contracts on track to be signed; impact to reflect as of H2 onwards: Retal CEO

Retal Urban Development Co. is on track of signing contracts for various projects that will reflect positively on financials for the second half of 2023 onwards, CEO Abdullah Albraikan told Argaam exclusively.   Retal achieved many developments in terms of operational performance, as ...

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Business & Money | Sunday 6 August, 2023 11:44 am

PIF has SAR 2.23 trln AUMs in 2022

The Public Investment Fund (PIF) said gross assets under management (AUMs) reached 2.23 trillion, including SAR 5 billion funds redeemed from government entities, the fund said in its annual report for 2022.   International investments accounted for 23%, or SAR 512 billion, of gross...

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