Culture & Education | Thursday 27 June, 2019 5:00 am

First charity art auction in Saudi Arabia hits SR4.8 million in sales

Art for Al Balad, the first charity auction of contemporary art in the Kingdom, achieved sales of SR 4.8 million ($1.3 million) on Wednesday. The event, which featured 43 works by Saudi and Arab artists, all of which sold, was held at historic Nassif House in Al-Balad, Jeddah, on Wednesday. It...

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Government | Thursday 27 June, 2019 4:00 am

Ministry of Communications and Information Technology Signs two Memorandums of Understanding in Korea to Speed-up Digital Transformation in Saudi Arabia

The Ministry of Communications and Information Technology (MCIT) of the Kingdom of Saudi Arabia signed two memorandums of understanding with South Korea's Ministry of Interior and Safety and the Ministry of Science and Information and Communications Technology (MCIT) today, on the sidelines of...

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Environment & Energy | Wednesday 26 June, 2019 4:10 pm

Saudi Aramco Signs 12 Agreements With South Korean Partners Worth Billions of Dollars

Saudi Aramco and its affiliates signed 12 agreements with major South Korean companies to reinforce relationships with South Korea, expand international operations, and support the region's energy security with the expansion of Arabian crude oil supply to Asian markets. Commenting on...

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Environment & Energy | Wednesday 26 June, 2019 4:08 pm

Saudi Aramco Advances Global Chemicals Strategy With S-Oil Expansion Project in Ulsan, South Korea

Saudi Aramco is advancing its global chemicals growth strategy with today's inauguration of S-Oil's new Residue Upgrading Complex and Olefin Downstream Comple­x. The new facilities feature the latest refinery technologies, which have raised S-Oil's petrochemical portion from 8%...

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Business & Money | Wednesday 26 June, 2019 12:38 pm

Hyundai Motor and Saudi Aramco to Collaborate on Hydrogen, Advanced non-metallic materials and Future Technologies

Hyundai Motor Company signed a memorandum of understanding (MOU) with Saudi Arabian Oil Company (Saudi Aramco). The MOU provides a framework to accelerate expansion of a hydrogen ecosystem in the Korean and Saudi Arabian markets, and to explore the use of advanced non-metallic materials in various...

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Technology & IT | Wednesday 26 June, 2019 11:08 am

Ryan Ding from Huawei: Industries + 5G, Enabling New Growth

During MWC Shanghai 2019, Huawei held the 5G is ON Summit based on the theme of "5G-driven Digital Upgrades". Ryan Ding, Executive Director of the Board and President of the Carrier BG of Huawei, delivered a keynote speech titled Industries + 5G, Enabling New Growth at ...

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Tourism & Hospitality | Wednesday 26 June, 2019 3:15 am

Neom Bay Airport to begin operation next week

The General Authority of Civil Aviation (GACA) announced on Tuesday (June 25) the opening of Neom Bay Airport situated in Sharma Area in the northern part of the Kingdom. In a statement, the GACA said it has given a commercial airport license to the newly built facility which is now ready to...

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Government | Wednesday 26 June, 2019 12:38 am

Premium Residency holders can stay in Saudi Arabia for 60 days after PPR cancelation

Holders of Permanent Premium Residency (PPR) cards can stay in the Kingdom for 60 days after the cancelation of the special residence permits. Their stay can be extended by the chief of the Premium Residency Center for a maximum of 180 days from the date of the cancelation of PPR. The PPR...

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Business & Money | Tuesday 25 June, 2019 11:52 pm

Saudi miner Ma'aden says unit signs financing agreement, shares rise

Saudi Arabian Mining Company (Ma'aden), the Gulf's largest miner, said on Tuesday that one of its units has signed new financing agreements, triggering a surge in the company’s shares. Sahara & Ma’aden Petrochemicals Company (SAMAPCO), a subsidiary of Ma’aden,...

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Business & Money | Tuesday 25 June, 2019 2:51 pm

Oracle Collaborates with Saudi Arabia’s OceanX To Support Startup Growth in the Kingdom

Oracle and Saudi Arabia’s leading start up consultancy firm, OceanX today signed a Memorandum of Understanding (MoU) to help Saudi entrepreneurs set up their startups and drive growth with latest digital technologies.    “Entrepreneur success is a key cornerstone of...

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