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Hajj 2020 Saudi 5

Ramadan plans announced for Grand Mosque in Saudi Arabia

The Grand Mosque will be cleaned and sterilised up to 10 times a day

Saudi crown prince Mohammed bin Salman

Saudi Crown Prince announces two massive green initiatives to combat climate change

The overall regional tree planting programme (with 50 billion trees) is claimed to be the largest reforestation programme in the world

Banque Saudi Fransi picks Finastra to automate treasury and trading ops

Bank can connect to Finastra’s open platform which is in line with SAMA’s Open Banking initiative

Saudi Arabia proposes Yemen peace plan amid oil attacks

The move follows an escalation in drone and missile attacks by the Houthis on the energy infrastructure and airports of the world’s largest oil exporter

Philips to set up sleep disorder management centres at Saudi German hospitals

The centres will cater to Saudi patients suffering from Obstructive Sleep Apnea

Saudi’s Nazaha arrests several people on corruption, embezzlement charges

Legal procedures against the accused are currently underway

Qatar, Saudi deny immediate Israel normalisation plans

The UAE became the first Gulf Arab nation to agree to normalise ties with Israel

Aramco aims to partner with China on blue hydrogen, CEO says

Aramco is looking to work with China on blue hydrogen and ammonia, synthetic fuels and carbon capture utilization and storage

Saudi-led jets strike Houthi targets in Yemen after Aramco hit

These strikes came after Iran-backed Houthi rebels attacked an Aramco refinery in the Saudi capital on Friday

Amazon to add 11 new buildings to its Saudi fulfillment, delivery network

Investment to create over 1,500 additional jobs across Saudi Arabia

Saudi’s AlUla airport receives inaugural flynas flight from Riyadh

Flynas will operate two weekly flights between Riyadh and AlUla on Wednesdays and Saturdays

SAUDI-HEALTH-VIRUS

Saudi says no cases of blood clots recorded among those who have been vaccinated

The Saudi Food and Drug Authority confirmed that over 2.3 million doses of the vaccine have been administered in the kingdom

Saudi economy contracted 3.9% in fourth quarter as oil drags

The non-oil economy shrank an annual 0.8 per cent in the fourth quarter

Citigroup names key banker on Aramco IPO as Saudi CEO

Wassim Al Khatib will lead Citigroup’s investment banking and markets business in Saudi Arabia

Saudi Arabia’s Almarai acquires Bakemart in UAE, Bahrain

The acquisition is fully financed from Almarai’s operating cash flow

Dubai-based Kitch to expand Lebanon’s restaurant Barbar across GCC

Hybrid cloud kitchen/store front operator to offer Barbar menu at dine-in and delivery

Saudi Tourism Authority launches initiative to empower domestic private sector

The new initiative focuses on equipping the private sector with the support needed to manage the evolving tourism landscape

Trade between UAE, GCC worth Dhs229bn in 2019

Saudi Arabia is the UAE’s top trading partner, with a total of Dhs113.2bn in trade exchange in 2019

Saudi’s Haramain Railway to resume operations from March 31

The railway line’s services were suspended in March 2020 to curb the spread of the Covid-19 pandemic

Saudi’s labour reforms take effect with expats now having greater rights

The new initiative offers expatriate workers labour mobility and amends existing exit procedures

Saudi Arabia vows to protect oil facilities after drone attack

The attack on the kingdom’s Ras Tanura port on Sunday caused a brief spike in oil prices

Saudi wealth fund raises year’s third-biggest loan for new deals

The $400bn sovereign investor is key to the kingdom’s efforts to revive economic growth

Saudi Arabia’s Fannie Mae eyes debut international bond in 2021

The refinancing company was set up to buy home loans from banks and other finance companies, freeing up lenders to book more mortgages

Desert X Prix electric motor race kicks off in April in Saudi’s AlUla

Five-race Extreme E series seeks to highlight the impact of climate change

Abu-Dhabi-International-Airport-1

Abu Dhabi amends ‘green list’ destinations, Saudi back in

The new list, effective from March 8, includes 13 countries, up from 10 in the previous update

Key Saudi Arabian oil site attacked, sending crude prices surging above $71

A storage tank in the Ras Tanura terminal was attacked by a drone while a missile also landed near a residential compound for Saudi Aramco employees in Dhahran

Saudi diary company Almarai appoints new CEO

Abdullah Al Bader was the executive vice president of Almarai’s bakery business since 2015

Yemen: 13 soldiers killed and wounded in a drone attack in Taiz

This attack comes after the rebels said earlier today they attacked King khalid military base in southern Saudi Arabia with two bomb-laden drones

Saudi Arabia

Saudi Arabia lifts restrictions on cinemas, gyms and restaurants

Most of the Covid-19 restrictions have been lifted starting Sunday, March 7

Why mixed-use developments represent the future of the community

Mixed-use developments have the power to add immense value to all stakeholders