Business & Money | Sunday 3 May, 2020 3:04 am

ACWA Power consortium to enhance water security in Saudi Arabia with Jubail 3A IWP

A consortium led by ACWA Power including Gulf Investment Corporation (GIC) and Al Bawani Water & Power Company (Albawani) announced Thursday the signing of a water purchase agreement with the Saudi Water Partnership Company (SWPC) for a greenfield sea water reverse osmosis desalination project...

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Business & Money | Sunday 3 May, 2020 2:23 am

Finance Minister: The Kingdom Has Taken Firm and Quick Measures to Maintain Human Safety

The Minister of Finance and Acting Minister of Economy and Planning, Mohammed bin Abdullah Al-Jadaan, confirmed that the Kingdom of Saudi Arabia has faced this crisis from a position of strength. The Kingdom has taken several steps during the past several years, based on Saudi Vision 2030 and on...

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Healthcare | Sunday 3 May, 2020 2:17 am

KSA Ministry of Health Leads Advance Clinical Studies, on 4 Innovative Techniques for Coronavirus Treatment

The Ministry of Health, in collaboration with the World Health Organization (WHO) conducts advanced clinical studies, in seven different centers, at the several hospitals, across the Kingdom, to combat novel Coronavirus.The process have been launched, coincidently, at King Faisal Specialist...

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Cars & Autos | Sunday 3 May, 2020 2:00 am

2021 Lexus LC Coupe Gets Performance Update

The Lexus LC coupe has been updated for the 2021 model year with a host of performance upgrades and some new colorways. First off, weight has been reduced by 22 pounds as a result of aluminum lower suspension arms, lighter suspension stabilizers, new high-strength coil spring material, and...

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Business & Money | Sunday 3 May, 2020 1:07 am

LinkedIn Celebrates the Spirit of Ramadan with Campaign from MENA Region

This will be a Ramadan like no other, as 1.8 billion Muslims across the world observe the Holy Month amidst strict restrictions. But with authorities worldwide putting in place social distancing measures to tackle the covid-19 crisis, the spirit of Ramadan becomes more relevant than ever. In an...

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Business & Money | Saturday 2 May, 2020 5:45 pm

Saudi Arabia’s Social Development Bank allocates $2.39bn aid for small businesses

The Social Development Bank (SDB) in Saudi Arabia has recently launched new initiatives to support small businesses in the Kingdom, as well as self-employed entrepreneurs, state news agency SPA reported. The move comes as the country explores ways to support the local economy, which has taken...

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Business & Money | Saturday 2 May, 2020 9:41 am

Moody’s affirms Saudi Arabia’s rating at A1, modifies outlook

Moody’s Investors Service, one of the world's leading rating agencies, affirmed Saudi Arabia’s sovereign credit rating at “A1”, however, it modified Kingdom’s outlook to “negative” from “stable”, Saudi Press Agency reported on Friday.The change in future outlook was the result of...

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Cars & Autos | Saturday 2 May, 2020 3:51 am

SAMACO Bentley bears VAT for its customers

SAMACO Automotive Company, the authorized dealer for Bentley in Saudi Arabia, has launched its special offer for the holy month of Ramadan, as well as the restoration of the economic cycle and commercial activities currently taking place in the Kingdom after the partial lifting of the health ban...

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Business & Money | Friday 1 May, 2020 2:43 pm

GASTAT Releases Results of Umrah Statistics Bulletin 2019

General Authority for Statistics (GASTAT) released the results of “Umrah Statistics Bulletin 2019” through its official website www.stats.gov.sa. The Report contains a number of Umrah-related indicators and results during 2019, which have been taken from Umrah Survey (for domestic Umrah...

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Culture & Education | Friday 1 May, 2020 2:36 pm

Sharjah Museums Authority celebrates International Museum Day with an online exhibition 

With audiences isolating at home, venues shutdown and events cancelled, Sharjah Museums Authority (SMA) is holding “Diversity in Times of Adversity” online exhibition to bring people together to appreciate the role of arts and creativity during a world crisis.    On the...

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