Technology & IT | Sunday 26 May, 2024 10:44 am

HONOR Announces the Pre-order of the HONOR 200 Lite with AI Experience

Global technology brand HONOR announced the pre-order of the brand-new HONOR 200 Lite.  This versatile smartphone is designed to deliver a revolutionary AI Experience and cater to the diverse needs and desires of smartphone users, offering a combination of excellent 108MP & 50MP Spotlight...

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Government | Sunday 26 May, 2024 8:58 am

ZATCA sets measures for selecting entities at 12th phase of e-invoicing

The Zakat, Tax and Customs Authority (ZATCA) determined measures for selecting target establishments at the 12th category to apply the integration phase of e-invoicing.   In a statement, the authority added that the 12th category includes all entities whose revenues, inclusive of...

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Tourism & Hospitality | Sunday 26 May, 2024 8:57 am

SGS to set up travel, tourism services unit

Saudi Ground Services Co.’s (SGS) board of directors approved on May 23 to set up a new wholly owned limited liability subsidiary in Saudi Arabia, according to a statement to Tadawul.   The new unit, “Ground Service Co. for Travel and Tourism Services” is capitalized at SAR...

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Business & Money | Sunday 26 May, 2024 8:34 am

Review of top 5 trading platforms for 2024

The real key to success in Forex trading is a proper choice of a trading platform. A trading platform is the interface located between the trader and the currency market. It provides the features and tools added for analysis and trading execution. First, let's understand what a trading...

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Tourism & Hospitality | Sunday 26 May, 2024 8:33 am

When Is The Best Time To Visit Dubai & Riyadh?

It won't ever be a surprise to hear that countries in the Middle East can get extremely hot. Riyadh sits on the desert plateau and can see temperatures as high as 50°C through the summer months. This part of the world has two seasons: hot and even hotter, but the weather isn't the only decider of...

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Environment & Energy | Saturday 25 May, 2024 8:11 am

MEWA targets 16.2M CMD of desalinated water: Official

The production capacity of desalination plants in Saudi Arabia currently stands at 9.4 million cubic meters per day, Saud Al-Murshed, Director of Planning, Deputy Ministry for Water at the Ministry of Environment, Water and Agriculture (MEWA), said. The ministry targets 16.2 million cubic meters of ...

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Tourism & Hospitality | Saturday 25 May, 2024 8:09 am

Saudi Arabia to change the global tourism map: Al Khateeb

Saudi Arabia will change the global tourism map, Ahmed Al Khateeb, Minister of Tourism and Chairman of the Executive Council of the United Nations World Tourism Organization (UNWTO), said. He highlighted that the opportunities and facilities it offers to investors will make the tourism sector more...

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Business & Money | Saturday 25 May, 2024 8:06 am

Moody's affirms Saudi Arabia's 'A1' rating, outlook positive

The rating agency Moody's affirmed Saudi Arabia's 'A1' rating, with positive outlook, Saudi Press Agency reported.  The Kingdom’s rating, according to the agency, came in line with the tangible progress the government has achieved in comprehensive reforms since 2016, as well as the...

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Business & Money | Saturday 25 May, 2024 8:04 am

Aramco plans share of nearly $10B shares: Report

Saudi Arabia is planning a $10 billion share sale in Aramco, Reuters reported. The share sale is expected to take place as soon as June in what would be one of the region's biggest stock deals. The preparations are ongoing and the details could still change, two sources...

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Business & Money | Saturday 25 May, 2024 1:00 am

Almuneef renews, expands SAR 35M credit facilities deal with Bank Albilad

Almuneef Co. for Trade, Industry, Agriculture, and Contracting announced the renewal and increase of its financial facilities contract with Bank Albilad. In a statement to Tadawul, the company said the facilities’ renewal for the previous year totaled SAR 13 million, with approval for an...

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