Environment & Energy | Friday 22 December, 2017 1:45 am

Saudi Arabia hopes to start nuclear pact talks with US in weeks

Saudi Arabia aims to start talks with Washington within weeks on an agreement to allow US firms to participate in its nascent civilian nuclear energy programme, with the first tender expected in 2018, the kingdom’s energy minister said on Wednesday. Saudi Arabia is interested in reaching ...

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Government | Friday 22 December, 2017 1:04 am

Half the Saudi population receiving welfare in new system, says labor minister

Saudi Arabia paid SR2 billion ($533 million) on Thursday in the first monthly installment of a new welfare system for low and middle-income families that make up approximately half of the Kingdom’s population. The payments come ahead of the introduction of a 5 percent value-added tax on...

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Environment & Energy | Thursday 21 December, 2017 2:25 pm

Schneider Electric Renews MoU with National Grid Saudi Arabia to Increase Electricity Reliability

Schneider Electric and the National Grid Saudi Arabia (SA) renewed the 3-year long Memorandum of Understanding (MoU) signed 3 years ago to continue to provide the National Grid Saudi Arabia with reliable and cost-effective electricity in Saudi Arabia, through which National Grid SA and Schneider...

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Business & Money | Thursday 21 December, 2017 3:32 am

Youth look up to digital era

In a nation where traditional ways are being replaced by new ones in order to adjust to the digital age, the pace of change in the Kingdom is considered fast to many but seems just right to the youth that make up the majority of the population. Diversifying the economy, a key aspect of...

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Business & Money | Thursday 21 December, 2017 3:14 am

Saudi energy minister says phone has 'not stopped ringing'

Saudi Energy Minister Khalid Al-Falih on Wednesday quipped his phone had not stopped ringing with calls from investors as the Kingdom ramps up spending to record levels. He was speaking at a press conference in Riyadh that was also attended by Public Investment Fund (PIF) Managing Director...

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Government | Thursday 21 December, 2017 2:12 am

First payment from Citizen Account today

The first payment of the Citizen Account to the eligible Saudis will be released on Thursday. The amount of the state subsidy depends on the family's income, size and the age of members. According to the regulations, the payment of subsidy from the Citizen Account will continue...

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Cars & Autos | Thursday 21 December, 2017 1:33 am

Abdul Latif Jameel Motors Reveals Latest Models at Saudi International Motor Show 2017

Through its notable participation in the Saudi International Motor Show (SIMS) 2017 in Jeddah, Abdul Latif Jameel Motors has revealed several of its latest 2018 Toyota models, in addition to unveiling the 2018 Toyota Camry prior to launching it in the Saudi market next...

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Technology & IT | Thursday 21 December, 2017 1:19 am

STC names its Network “Salman in Our Heart” and offers free calls

Celebrating the third anniversary of Allegiance to the Custodian of Two Holy Mosques King Salman bin Abdulaziz – STC has named its network “Salman in Our Hearts”, and offered free local calls inside and outside the network on Thursday 21 December 2017, from 12:01 AM to...

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Business & Money | Wednesday 20 December, 2017 12:37 pm

King Abdullah Port Platinum Sponsor of Breakbulk Middle East 2018

King Abdullah Port has announced the signing of an agreement to sponsor the third edition of Breakbulk Middle East, which will be held at the Abu Dhabi National Exhibition Center in the United Arab Emirates on February 6-7, 2018. The event will be held in order to discuss the latest...

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Business & Money | Wednesday 20 December, 2017 10:00 am

Bahri reiterates company-wide commitment to innovation in transportation and logistics sector

Setting a new benchmark in brand engagement and awareness, Bahri, a global leader in transportation and logistics, recently launched a nation-wide roadshow on a state-of-the-art truck, to highlight the company’s services, key achievements and future opportunities.   Following its...

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