#Saudi Arabia

Saudi Arabia replaces central bank governor

Ahmed Alkholifey is being replaced by Fahad Al-Mubarak, who was central bank governor from 2011 to 2016

DGA

Saudi Arabia attracts record $152m in startup funding in 2020

Saudi startup ecosystem was the fastest growing in MENA, Magnitt report shows

Help AG appoints new country director for Saudi Arabia

Help AG’s new cybersecurity operations centre to launch in Riyadh in 2021

US, UK condemn air attack on Riyadh which ‘targeted civilians’

Saudi Arabia said it had “intercepted and destroyed a hostile air target going towards Riyadh” on Saturday

Saudi’s Public Investment Fund launches 5-year strategy; assets treble to $400bn

PIF aims to grow its assets under management to over $1.07 trillion by the end of 2025

Cover story: How regional companies can get digital transformation right

Digital transformation has now become ubiquitous – not just for IT teams, but for executives across all organisations

Saudi Health vaccine

Saudi Arabia acknowledges delays in receiving Pfizer-BioNTech Covid-19 vaccine

Earlier this week, the country approved vaccines made by AstraZeneca and Moderna for use in the kingdom

Power Letters 2021: Erik Dudman Nielsen, group CEO, Virgin Mobile Middle East and Africa

At Virgin Mobile, digital has always been the core of its business proposition

Huawei to open largest store outside of China in Saudi Arabia

The flagship store will be located in Riyadh Front in the capital

Military projectile by Houthi hits Jazan, injures three

The procedures adopted in such cases were immediately implemented

Prince Khalid bin Abdullah bin Abdulrahman Al Saud

Dubai’s Sheikh Mohammed condoles death of Saudi Prince Khalid bin Abdullah

The Saudi prince was a high-profile thoroughbred owner-breeder

Saudi Arabia Airport

Covid-19: Saudi Arabia issues travel advisory to 12 countries – reports

The advisory comes against the background of the new strain of Covid-19 which is believed to be more contagious

SAUDI-ECONOMY-TRANSPORT-METRO

Outsourcing firm Proven to enable clients meet Saudisation goals

Saudi Arabia wants localisation of 20 per cent of 117 engineering fields by beginning of 2021

UAE has ‘no reason’ to be in conflict with Turkey, minister says

The call for Turkey to reset relations follows the end of a three-year rift with Qatar

DGA

UAE-based BIOS Middle East expands to Saudi Arabia with two cloud data centres

The cloud data centres built on the VMware cloud stack

Over $1bn piled into MENA-based startups in 2020

The UAE, Egypt and Saudi Arabia accounted for 68 per cent of the total deals disclosed in 2020

Saudi Arabia aims to raise over $5bn in bond-market return

No final decision on the timing has been made

King Fahd Causeway re-opening to add ‘billions’ to Bahrain economy

Saudi citizens will be permitted to travel via air, land and sea from March 31 2021

Abu Dhabi raises February Murban crude pricing after Saudi boost

Abu Dhabi pumps almost all of the oil in the UAE

Video: Saudi Crown Prince announces car-free, zero-carbon city, ‘The Line’

Located within NEOM, the city is expected to house one million residents and create 380,000 jobs by 2030

UAE reopens air, land and sea borders with Qatar

Scheduled and unscheduled flights between the two countries will resume operations from Saturday

Oil steady near $50 after surging on Saudi output cut

The kingdom’s pledge comes amid more stay-at-home orders and travel restrictions to rein in a surge of infections

Umrah pilgrims advised to take Covid-19 vaccine

The kingdom’s minister of Hajj and Umrah received the Covid-19 vaccine in Jeddah

Gulf Arab states agree to restore Qatar ties, end three-year rift

Qatar’s ruler Emir Sheikh Tamim bin Hamad Al Thani landed in the kingdom to a warm embrace from the Saudi Crown Prince

GCC leaders convene in Saudi Arabia for summit, sign statement

The GCC summit began with a keynote address by Saudi Arabia’s Crown Prince Mohammed Bin Salman

Saudi Arabia

Saudi Arabia reopens airspace, land and sea borders to Qatar

It ends a blockade of Qatar by Saudi Arabia that began in 2017

Flydubai Saudi Arabia

Flydubai resumes flights between Dubai and Riyadh, Dammam

Saudi Arabia had permitted international flights to resume operations to the kingdom starting 11am on Sunday, January 3

SAUDI-HEALTH-VIRUS-TRAVEL

Saudi Arabia reopens borders, resumes international flights from January 3

Saudi Arabia enforced the entry ban on December 20, 2020

Abu Dhabi’s ADNOC Distribution to acquire 15 fuel stations in Saudi for $10m

The stations, located in the eastern region, with sites on both the highway and within communities, will be refurbished

Saudi Arabia’s ACWA Power to build wind park in Azerbaijan

Azerbaijan plans to increase the share of clean energy in electricity generation to 30 per cent over the next decade