Government | Saturday 3 December, 2016 11:44 am

King reconstitutes Shoura Council; Al-Ghafis appointed labor minister

Custodian of the Two Holy Mosques King Salman appointed Ali Al-Ghafis as the new minister of labor and social development, replacing Mofrej Al-Haqbani. In a series of royal decrees issued on Friday night, the King also reconstituted the Shoura Council and the Council of Senior Scholars, the...

More Details

Business & Money | Saturday 3 December, 2016 10:03 am

Conference considers ways to protect endangered cultural heritage

 An international conference on “Safeguarding Endangered Cultural Heritage” was launched in the Emirati capital of Abu Dhabi on Friday, with participation from heads of state, government officials, experts and civil society activists. Participants include representatives and...

More Details

Government | Friday 2 December, 2016 3:28 am

King opens $160b oil facilities, cultural landmark

Custodian of the Two Holy Mosques King Salman on Thursday launched a number of giant oil projects, worth a total of SR160 billion, belonging to Saudi Aramco at a colorful ceremony held at the company’s headquarters in Dhahran. He also inaugurated the King Abdulaziz Center for World Culture or ...

More Details

Government | Friday 2 December, 2016 2:44 am

King to start four-nation Gulf tour tomorrow

Custodian of the Two Holy Mosques King Salman will leave on Saturday for the United Arab Emirates on the first leg of an official tour of the Gulf states that will also take him to Qatar, Bahrain and Kuwait. The King’s visit to the UAE coincides with a visit of President Abdel Fattah...

More Details

Tourism & Hospitality | Friday 2 December, 2016 1:11 am

Riyadh governor joins Romanian National Day celebrations

Riyadh Gov. Prince Faisal bin Bandar joined the National Day celebrations of Romania held at the Tuwaiq Palace here on Wednesday.  The prince joined the Romanian Ambassador Mihai Coman, who hosted the reception by cutting a cake to mark the ceremony. Coman made a brief welcome address for the ...

More Details

Business & Money | Thursday 1 December, 2016 10:42 am

Prince Sultan bin Salman wins Gulf Man of Year

Prince Sultan bin Salman bin Abdul Aziz, Chairman of the Board of Trustees of King Salman Center for Disability Research, has won the award of Gulf Man of Year supporting humanitarian work in the disability field for the 2016. Prince Sultan bin Salman won the award in recognition of his...

More Details

Environment & Energy | Thursday 1 December, 2016 10:37 am

OPEC production deal sends oil prices, shares higher

The oil price surged on Wednesday and global shares climbed after the Organization of the Petroleum Exporting Countries (OPEC) reached a deal to cut production, according to dpa. The world oil benchmark Brent jumped about 8 per cent to breach the key 50-dollars-a-barrel mark for the...

More Details

Business & Money | Thursday 1 December, 2016 10:32 am

Bosphorus Summit identifies Vision 2030’s strong points

The 7th Bosphorus Summit in Istanbul held a special session on the Kingdom of Saudi Arabia’s Vision 2030 and Turkey’s Vision 2023 in the presence of Saudi Minister of Commerce and Investment Majid Al-Qassabi.  Al-Qassabi headed the Saudi delegation to the summit. During the...

More Details

Business & Money | Thursday 1 December, 2016 9:46 am

King allocates SR100b from reserves to PIF

Custodian of the Two Holy Mosques King Salman on Wednesday approved the allocation of SR100 billion ($26.67 billion) from the Kingdom’s reserves to the Public Investment Fund (PIF), according to a statement carried by Saudi Press Agency. The funds will be used to support both foreign and...

More Details

Business & Money | Wednesday 30 November, 2016 5:04 am

King Abdulaziz Center for Culture to be inaugurated on Thursday

Energy, Industry and Mineral Resources Minister Khalid Al-Falih said the inauguration ceremony of Saudi Aramco projects and the King Abdulaziz Center for World Culture (Ithra) would be on Thursday in the presence of Custodian of the Two Holy Mosques King Salman. The inauguration of the Saudi...

More Details