Business & Money | Tuesday 29 December, 2015 2:31 am

Mataf bridge removal from Feb. 9

The temporary bridges over the mataf, the circumambulation area around the Kaaba, would be removed over a period from Feb. 9 to March 9. This plan is contained in a technical report filed by a government-appointed committee to Crown Prince Mohammed bin Naif, deputy premier and interior minister, ...

More Details

Environment & Energy | Tuesday 29 December, 2015 2:20 am

Kingdom unveils SR840bn budget

Saudi Arabia on Monday unveiled a SR840 billion budget, launching a phase in which the Kingdom hopes to further diversify its revenues in an era of low oil prices.   “Our economy has the potential to meet challenges,” Custodian of the Two Holy Mosques King Salman said in his...

More Details

Cars & Autos | Monday 28 December, 2015 1:33 pm

Mohamed Yousef Naghi Motors Jaguar Land Rover shines regionally with two hard-earned accolades

Mohamed Yousef Naghi Motors, the authorized dealer of Jaguar & Land Rover in KSA, reaped the rewards of its hard and creative work throughout the year, when it was recently awarded two accolades by Jaguar Land Rover in the annual awards program. That program recognizes the contributions of...

More Details

Government | Monday 28 December, 2015 10:25 am

Saudi budget may unveil changes in revenue policy

Prominent Saudi economists, cited by Reuters, expect the 2016 budget to plan spending of about SR800 billion, roughly 20 percent lower than their estimate of this year's actual spending. A senior official of Saudi Aramco and the ministers of Economy and Planning, Finance, and Water and...

More Details

Business & Money | Monday 28 December, 2015 4:40 am

HRDF ramps up Saudi hiring

The Human Resources Development Fund (HRDF) recruited 251,000 Saudis to work in the private sector this year, up 25 percent compared to 2014. “The number brings to 772,283 Saudis recruited by the HRDF. Of the total number, males accounted for 64 percent,” said Ibrahim Al-Miqil, HRDF...

More Details

Technology & IT | Monday 28 December, 2015 4:29 am

Technology integration center to boost services for pilgrims

Makkah Gov. Prince Khaled Al-Faisal stressed on installing the latest technology to link all departments for the service of pilgrims. He emphasized the development of services for pilgrims with the installation of the latest technology to facilitate them to make their spiritual journey easy and...

More Details

Business & Money | Sunday 27 December, 2015 11:56 am

620 productive families take part in local products expo

As many as 620 Saudi productive families displayed their homemade products at a week-long local products exhibition that kicked off here on Thursday. The event, Saudi Producers 3, at the Riyadh International Convention Center and Exhibition was organized by the Saudi Al-Hadbah Company under the...

More Details

Business & Money | Sunday 27 December, 2015 11:54 am

Shoura seeks citizens’ views

The Shoura Council has sought suggestions from citizens ahead of its upcoming session.  Citizens can send their queries or proposals to Social Affairs Minister Majed Al-Qassabi via e-mail:webmaster@shura.gov.sa, or fax (0114413537) until Monday, the Shoura Council said. “The minister,...

More Details

Business & Money | Sunday 27 December, 2015 4:01 am

NWC to reroute pipe intersecting with Riyadh Metro project, promises minimal impact

National Water Company is coordinating with local authorities to reroute the CF2 water pipeline in Riyadh as it intersects with ongoing construction work on the Riyadh Metro. The project, which will start on January 5, 2016, is expected to take 10 working days.   NWC said it has studied...

More Details

Business & Money | Saturday 26 December, 2015 3:17 pm

SAMA licenses SR900m home finance company

Saudi Arabian Monetary Agency (SAMA) has granted a license to its national home finance company, Bidaya and it will launch with SR900 million ($239.94 million) in capital, the firm announced. SAMA’s decision joins efforts to boost home ownership in the Kingdom, where a shortage of affordable ...

More Details