The investments from the Public Investment Fund and others will be used to upgrade infrastructure and help speed up deliveries
The decision will take effect from 6am on October 10
The shortage of natural gas, which has sent prices to the equivalent of $190 a barrel, is spurring a switch to oil products for heating and manufacturing
The English version of the website launched in January 2021
Sixty-seven per cent of security leaders said their exposure to cyber risk increased as a result of moving business-critical functions to the cloud
Saudi Aramco, Air Products, ACWA Power, and Air Products Qudra sign agreements for $12bn JV in Jazan
The consortium is expected to increase job opportunities
The global market for debt that complies with environmental, social or governance goals (ESG) looks set to top $1 trillion this year
Work on the 60-key property began in July 2021
These new contracts are worth a combined $1bn
Align Technology to unveil findings of whitepaper report at 2nd Digital Health MENA Forum
The transaction is in line with Public Investment Fund’s Strategy 2021-2025, which focuses on building strategic economic partnerships
The kingdom has so far administered more than 41 million vaccine doses across the country
As it boosts the adoption of digital government and pilot technologies, the kingdom is also preparing to host LEAP, which set to become one of the major tech events in the world
With a young leadership at the helm, the GCC’s largest economy has embarked on a journey of growth, diversification and alliances
Amex cardholders in Saudi can now shop with their Amex card on merchant and supplier websites that use Amazon Payment Services
Demand for professionals in AI, data and engineering is expected to spike in the near future, as technology adaption takes off even further
The authority warned that those found violating the procedures will face legal action
Al Qaryan Holding to optimise its operations, better product costing, and do data-driven decision-making for its regional expansion plans of near future
Vaccination rates among teachers and education staff reached 96.92 per cent in the kingdom
Riyadh has been the hottest market for IPOs in the Middle East over the past two years
The plan involves Algosaibi contributing 90 per cent of its assets to paying off debts, with the rest restructured in order to carry on operating
The $1.2bn IPO by ACWA Power International had initial demand amounting to several billion dollars
This funding marks SoftBank’s first direct investment in a Saudi-based company
Those who are not vaccinated or have received only one dose will need to undergo institutional quarantine for five days
Merkle aims to tap into the fertile digital transformation landscape in the kingdom, while also being in a position to better serve its existing clients across the Middle East
All passengers traveling to the kingdom are required to download the Tawakkalna mobile app
The country will also extend the validity of visit as well as exit and re-entry visas at no extra fee
The vaccines which are now recognised in Saudi are Oxford-AstraZeneca, Pfizer-BioNTech, Johnson & Johnson, Moderna, Sinopharm, and Sinovac
Partnership would leverage digital transformation to support Saudi Arabia’s energy transition and expand its knowledge economy
He is also accused of committing a number of crimes, including forgery, bribery and abuse of influence