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  • Saudia launches $1m campaign to promote AlUla
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    Saudia launches $1m campaign to promote AlUla

    RIYADH: Pfizer is one of the world’s largest pharmaceutical companies and has been operating in Saudi Arabia for six decades, but many people in the Kingdom will have come to know the brand only as a result of its work developing a coronavirus (COVID-19) vaccine. Patrick van der Loo, regional president for Africa and the Middle East, has worked at the company for 20 years and, in December, was appointed to lead the distribution of the vaccine across a challenging and wide-ranging group of countries. “Saudi Arabia and the GCC kicked off their COVID-19 vaccination drive with the Pfizer/BioNTech vaccine […] More

  • Saudi Arabia announces 2 more COVID-19 deaths
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    Saudi Arabia announces 2 more COVID-19 deaths

    LONDON: The World Food Program (WFP) on Wednesday thanked Saudi Arabia for “providing effective food support” to the Yemeni people through the King Salman Humanitarian Aid and Relief Center (KSrelief).WFP and KSrelief signed a $40 million joint cooperation agreement on Monday to support food security to the most affected people in Yemen, who “are exposed to all kinds of suffering and deprivation,” said David Beasley, executive director of WFP.Beasley added that the Kingdom’s donation, through KSrelief, “will undoubtedly help avert famine In Yemen, and will feed at least 2.2 million people.In a press statement, Beasley expressed his happiness with the […] More

  • US golfing legend Jack Nicklaus to design signature course at Qiddiya
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    US golfing legend Jack Nicklaus to design signature course at Qiddiya

    DUBAI: To the outsider, Qiddiya looks little more than an expanse of desert terrain. Look closer, and you will see several isolated buildings, and closer still, several construction projects breaking ground. In about three years, this will be a buzzing, expanding city — a city that will at the end of 2023 open its doors to five zones that will revolutionize the tourism, entertainment and sports industries in the Kingdom. There is Enjoy, home to the “Parks and Attractions” theme; Aspire, where “Sports and Wellness” will promote healthier living; Appreciate, covering the “Arts and Culture” sectors; Nurture, showcasing “Nature and Environment,” […] More

  • COVID-19 infections in Saudi Arabia increase nearly four-fold during last month 
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    COVID-19 infections in Saudi Arabia increase nearly four-fold during last month 

    RIYADH: The Saudi Heritage Authority is preparing to resume survey and archaeological excavations in the Kingdom after the coronavirus disease (COVID-19) outbreak forced projects to be suspended for almost a year. The projects will be carried out in partnership with international missions from universities and specialized international research centers.Teams from various Saudi universities also have been invited to contribute to the survey and excavation operations, and to help unearth antiquities in various regions in the Kingdom.The Heritage Authority is responsible for conducting archaeological surveys and excavations to discover the rich cultural history of the Kingdom.Before the pandemic, more than 40 […] More

  • US envoy to Yemen Lenderking meets Saudi minister on first leg of Gulf tour
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    US envoy to Yemen Lenderking meets Saudi minister on first leg of Gulf tour

    RIYADH: The Saudi Heritage Authority is preparing to resume survey and archaeological excavations in the Kingdom after the coronavirus disease (COVID-19) outbreak forced projects to be suspended for almost a year. The projects will be carried out in partnership with international missions from universities and specialized international research centers.Teams from various Saudi universities also have been invited to contribute to the survey and excavation operations, and to help unearth antiquities in various regions in the Kingdom.The Heritage Authority is responsible for conducting archaeological surveys and excavations to discover the rich cultural history of the Kingdom.Before the pandemic, more than 40 […] More

  • Success of Aramco Team Golf competition leads to new Ladies European Tour events
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    Success of Aramco Team Golf competition leads to new Ladies European Tour events

    DUBAI: To the outsider, Qiddiya looks little more than an expanse of desert terrain. Look closer, and you will see several isolated buildings, and closer still, several construction projects breaking ground. In about three years, this will be a buzzing, expanding city — a city that will at the end of 2023 open its doors to five zones that will revolutionize the tourism, entertainment and sports industries in the Kingdom. There is Enjoy, home to the “Parks and Attractions” theme; Aspire, where “Sports and Wellness” will promote healthier living; Appreciate, covering the “Arts and Culture” sectors; Nurture, showcasing “Nature and Environment,” […] More

  • Riyadh Commission to launch metro in Q3 2021: CEO
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    Riyadh Commission to launch metro in Q3 2021: CEO

    DUBAI: US business support company CSG is planning to set up its regional headquarters in Riyadh before the end of the first quarter of 2021, along with an initial 24 companies, following the announcement of Crown Prince Mohammed bin Salman’s 2030 strategy for the Saudi capital last month. The Royal Commission for Riyadh City wants to attract up to 500 foreign companies to set up their regional headquarters in the Saudi capital over the next 10 years, and CSG is one of the first to confirm its move. The initiative is part of the government’s wider plan to create 35,000 […] More

  • SAGO to Buy 355,000 Tons of Wheat Produced by Saudi Investors Abroad
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    SAGO to Buy 355,000 Tons of Wheat Produced by Saudi Investors Abroad

    The Saudi Grains Organization (SAGO) announced on Monday completing procedures for purchasing 355,000 tons of wheat from Saudi companies investing abroad. The purchase represents around 10% of the Kingdom’s annual consumption of wheat. Environment, Water and Agriculture Minister Abdulrahman Al-Fadhli, who is also the chairman of the SAGO’s board of directors, said that the amount of wheat will be supplied by Saudi Agricultural and Livestock Investment Company (SALIC). SALIC, owned by the Saudi Public Investment Fund (PIF), will supply the wheat through its investments in countries of comparative advantage in the field of grain agriculture. Al-Fadhli said the method offers […] More

  • Saudi Arabia expands partnership with Brazilian meat operator
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    Saudi Arabia expands partnership with Brazilian meat operator

    DUBAI: Remittances from overseas Filipino workers (OFWs) in the Gulf region will remain depressed until 2022 as the financial impact of the coronavirus pandemic lingers. Recruitment consultant Manuel Geslani said remittances would – at best – grow by two percent as workers’ deployment is countervailed by the repatriation of workers from crucial Filipino labor centers such as Saudi Arabia, the UAE, Kuwait, Bahrain, Qatar and Oman, where the majority of OFWs were deployed in 2018-2019. “More than 400,000 domestic workers were sent to the Middle East, representing 70 percent of new hires in both years,” Geslani said, in a report […] More

  • Snowfall brings sightseers to Saudi Arabia’s Tabuk
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    Snowfall brings sightseers to Saudi Arabia’s Tabuk

    TOKYO: The world’s first shipment of blue ammonia was dispatched from Saudi Arabia to Japan on Sep. 27, 2020 for use in a power station for the production of zero-carbon power generation, paving the way for the further use of hydrogen in the energy system. The Saudi-Japanese collaboration is part of a pilot project, conducted by the Institute of Energy Economics, Japan (IEEJ) and oil company Saudi Aramco in partnership with Saudi Basic Industries Corp. (SABIC).The collaboration is important for both countries as Japan aims to be a world leader in the use of hydrogen, while Saudi Arabia, the world’s largest oil […] More

  • AS IT HAPPENED: Future Investment Initiative - Day One
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    AS IT HAPPENED: Future Investment Initiative – Day One

    RIYADH/LONDON: The Future Investment Initiative (FII), an international platform for debate between global leaders, investors and innovators, kicked off in Saudi Arabia on Wednesday with a host of high-profile speakers brought together under the theme “The Neo-Renaissance.” Opening remarks at the King Abdul Aziz International Conference Center (KAICC) came from Yasir Al-Rumayyan, Governor of Saudi Arabia’s Public Investment Fund (PIF) and FII Institute Chairman. Other speakers include Jamaican eight-time Olympic gold medalist Usain Bolt, Matteo Renzi, former prime minister of Italy and Kevin Rudd, former Australian prime minister. Follow the coverage below (all times GMT): 18:40 – FII CEO Richard Attias brings day […] More

  • Saudi Arabia to introduce faster interbank instant money transfers this month
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    Saudi Arabia to introduce faster interbank instant money transfers this month

    DUBAI: A high-profile court ruling in the UK that Uber drivers are entitled to employment benefits such as paid holidays and sick pay is unlikely to have any significant impact in Gulf Cooperation Council (GCC) member states as the ride-hailing sector in the region is already highly regulated. The Supreme Court decision declared that British drivers for Uber should be classed as workers, not self-employed. The ruling rejected Uber’s appeal on an employment tribunal ruling brought by two of its drivers in 2016. Joe Aiston, a London-based senior associate at law firm Taylor Wessing, told Reuters that the ruling could act […] More

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