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Eye of Riyadh

Saudi Civil Defense ready to deal with risks and threats during Hajj
Tourism & Hospitality | Thursday 9 August, 2018 3:58 am
The General Directorate of Civil Defense on Tuesday revealed that more than 18,000 highly trained personnel, supported by 3,000 vehicles, have been deployed to provide pilgrims with the highest level of safety and deal with any risks or threats they might face during Hajj. The directorate said...
New mortgages to boost home ownership in Saudi Arabia
Business & Money | Thursday 9 August, 2018 2:00 am
Saudi citizens will be able to access cheaper and more accessible mortgages at fixed rates under an initiative launched Wednesday by the Saudi Real Estate Refinance Company (SRC), the body set up and backed by the Kingdom’s Public Investment Fund. The SRC initiative will allow new or...
MCIT Signs MoU with KPMG Al Fozan & Partners to Establish an Innovation Centre in Data Analytics & AI
Technology & IT | Wednesday 8 August, 2018 8:00 am
The Ministry of Communications and Information Technology (MCIT), signed a Memorandum of Understanding (MoU) Yesterdaywith KPMG Al Fozan & Partners, a leading provider of audit, tax, and advisory services in Saudi Arabia, in the presence of His Excellency Eng. Haitham Al-Ohali, Vice...
King Abdulaziz Center for World Culture to make positive impact on human development
Culture & Education | Wednesday 8 August, 2018 7:40 am
King Abdul Aziz Center for World Culture’s Initiative, “Ithra,” aims to “make a tangible and positive impact on human development by inspiring a passion for knowledge, creativity, and cross-cultural engagement for the future of the Kingdom” — an ambition that...
Youth creativity takes center stage at Hakaya Misk
Culture & Education | Wednesday 8 August, 2018 6:00 am
The five-day Hakaya Misk festival is underway, showcasing the work and ideas of young artists from across Saudi Arabia and 11 other countries. The 10th edition of the event, which began on August 7 at the Riyadh International Convention and Exhibition Center, includes a wide range of...
GACA taps SITA for tech revamps at Saudi airports
Tourism & Hospitality | Wednesday 8 August, 2018 5:00 am
Saudi Arabia’s General Authority of Civil Aviation (GACA) has selected global IT provider SITA to support the modernization of the country’s biggest airports, implementing a sweeping transformation of airport and communication technology across 26 airports. The new implementation marks...
Prince Alwaleed acquires 2.3 percent stake in Snapchat
Business & Money | Wednesday 8 August, 2018 1:42 am
Prince Alwaleed bin Talal has acquired a 2.3 percent stake in Snapchat in a deal worth $250 million (SR950 million). The investment was made in May at a cost of $11 a share, making Prince Alwaleed a significant individual shareholder in this social media company, a statement from the...
US Senate official visits KSRelief
Business & Money | Tuesday 7 August, 2018 8:51 am
Ark Triger, the senior staff Republican officer in charge of Middle East affairs at the foreign relations committee of the US Senate, on Monday visited the Riyadh-based King Salman Humanitarian Aid and Relief Center (KSRelief). The US official met senior officials including Ahmed bin Ali Al-Baiz,...
Makkah governor briefed on Saudi Post’s services for pilgrims during Hajj
Business & Money | Tuesday 7 August, 2018 8:00 am
The president of the Saudi Post Corporation (SPC), Mohammed Al-Abduljabbar, called on Makkah Gov. Prince Khaled Al-Faisal at his office in Jeddah on Monday.  The Makkah governor reviewed the corporation’s preparations to serve the Hajj pilgrims in Makkah and other holy...
L’azurde acquires the KSA franchisee for TOUS brand to expand in the affordable luxury jewelry segment
Business & Money | Tuesday 7 August, 2018 1:14 am
:L’azurde Company for Jewelry (“L’azurde” or “the Company”), the largest gold and diamonds jewelry designer, manufacturer, wholesale and retail distributor in the Middle East, announced today it has signed the Share Purchase Agreement (SPA) to acquire...
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