Aramco today announced the expansion of its flagship program to increase local content and boost domestic supply chains. It is a significant milestone in the company’s In-Kingdom Total Value Add (iktva) program, which marks its fifth anniversary on December 1st. The expansion includes plans for...
The Ministry of Human Resources and Social Development said that the decision to raise the minimum wage calculation for Saudis from SAR 3,000 ($800) to SAR 4,000 ($1,066) applies to all existing and new workers in the Saudi labor market. The employee, earning less than SAR 4,000, will be...
The Kingdom of Saudi Arabia Pavilion at Expo 2020 Dubai, which began construction in February 2019, announced today the close of construction and complete readiness for the landmark World Expo – the first in the Arab region - set to take place in October 2021.The iconic Kingdom of Saudi Arabia...
“Zain KSA” has announced that the oversubscription rate in the remaining priority right issues has reached 469%, following an unprecedentedly high demand from corporate investors. The company stated that these recent developments are part of its capital restructuring plan, which included two...
The Urban20 (U20) Chair, His Excellency Fahd Al-Rasheed, President of the Royal Commission for Riyadh City has today wished his Italian counterparts good luck or “Buona Fortuna” as Italy prepares to take up the reins of the 2021 G20 Presidency and the engagement group of cities, the...
Mandarin Oriental Hotel Group is delighted to announce that it has signed an agreement with the Al Khozama Company to manage and ultimately brand the Al Faisaliah Hotel, Riyadh. The Group will take over the management in the first quarter of 2021. The hotel is undergoing an extensive...
King Abdullah Port and the General Directorate of Border Guard have announced the successful integration of the Port Community System and the Directorate’s Zawil e-portal, which offers access to various types of permits including port entry permits. The integration, which represents a...
Minister of Health Dr. Tawfiq bin Fawzan Al-Rabiah, is set patronize the launching ceremony of the International Conference and Exhibit events, on the Digitally-administered Health 2020 here, on Sunday.The gathering to be virtually held, is organized by the Ministry of Health, the Saudi Health...
On behalf of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, Governor of Riyadh Prince Faisal bin Bandar bin Abdulaziz patronized the Final Match on King's Cup for 2019-2020 sports season between Al-Hilal Football Club and Al-Nassr Football Club.The match was held at King...
H.E. Minister of Industry and Mineral Resources and Chairman of the Saudi Export Development Authority (SAUDI EXPORTS) Mr. Bandar bin Ibrahim Alkhorayef inaugurated today the design bootcamp for the “Made in Saudi” program against the backdrop of “Design the Kingdom’s Industrial identity” ...