#Saudi Arabia

GCC’s education sector: Paving the way ahead

In the aftermath of the Covid-19 pandemic, amid a perennial pursuit of digitisation to empower education, how bright is the outlook for the GCC’s education sector?

Saudi’s Samba CEO sees U-shaped recovery after ‘triple jeopardy’

The kingdom unveiled a second $13.3bn stimulus package to protect lenders against an expected drop in profits and rise in bad loans

Dubai Silicon Oasis disinfection tunnel

GCC Covid-19 update: 430 new cases in UAE; Oman reports 1,366 infections

The death toll in the UAE stands at 308

Expats stranded outside Saudi will only be allowed to return after the pandemic ends

The mechanism for extending the exit and return visa is yet to be announced

coronavirus covid-19

GCC Covid-19 update: Saudi reports 3,123 cases, 41 deaths; UAE registers 450 infections, 2 deaths

The death toll in Saudi Arabia has risen to 1,387

Saudi Binladin Construction group misses salary payments

Most of the affected employees are based at Binladin’s headquarters in Jeddah and work in its construction unit

Saudi coalition forces destroy 8 ‘bomb-laden’ drones, 3 missiles launched from Yemen

The attacks were targeting “civilians in the kingdom” officials said

UAE endorses Saudi Arabia’s decision to limit Hajj 2020, will not participate this year

Only those already residing in Saudi Arabia will be permitted to attend Hajj this year

Coronavirus Testing Laboratory

GCC Covid-19 update: Saudi registers 3,393 cases, 40 deaths; UAE reports 378 infections, 1 death

The death toll in Saudi Arabia and Oman has scaled to 1,307 and 137 respectively

Saudi Arabia starts $4bn tourism development fund

The country expects the tourism industry to contribute more than 10 per cent of its annual GDP and create more than 1 million jobs by 2030

Oil holds near $42 while investors weigh demand against virus

Brent futures for August settlement gained 3 cents to $42.22 a barrel on the ICE Futures Europe exchange as of 12.03pm in Singapore

Saudi education platform raises more funds as schools go online

Noon Academy currently operates in Saudi Arabia, Egypt, India and Pakistan, and plans to open a hub in London

coronavirus

GCC Covid-19 update: UAE reports 392 cases, 1 death; Saudi registers 3,379 infections, 37 fatalities

The death toll in the UAE and Saudi Arabia has risen to 302 and 1,267 respectively

Maaden phosphate unit signs $4.1bn finance deal

Maaden Waad Al Shamal Phosphate Co. will refinance $2.3bn owed to a syndicate of commercial banks and financial institutions

GCC retail sector will see 15.7% YoY growth, according to Alpen Capital

Covid-19 impact: How should retail respond to the fourth industrial revolution?

As a new wave of technology signals further changes to our lives and the regional ecosystem, how should sectors such as retail adapt?

Saudi oil minister sees ‘encouraging signs’ of demand recovery

Prince Abdulaziz said the next two weeks will be “critical” for OPEC+ to demonstrate all countries are adhering to agreed production cuts

saudi arabia riyadh

Saudi Arabia lifts national curfew, resumes commercial activities

International travel as well as entry to the kingdom via land and sea will remain suspended

Mosques in Makkah to reopen on Sunday

Several precautionary measures have to be followed at the mosques

Amazon Saudi Arabia

Amazon Saudi Arabia officially launched to replace Souq.com

The Amazon Prime service is not yet available in the kingdom

OPEC says virus to keep fuel demand under pressure this year

The slow resumption of flights will constrain jet-fuel consumption, and high unemployment will restrict gasoline use

sabic

Oil giant Saudi Aramco completes $70bn takeover of SABIC

Aramco will push back the bulk of installments until after 2022 and delay the final one by three years until 2028

coronavirus

GCC Covid-19 update: Saudi registers 4,919 cases, 39 deaths; Oman reports 810 infections

The death toll in Saudi Arabia stands at 1,091

Bahrain’s King Fahd Causeway set to open new gates on the Saudi side

The bridge’s passenger capacity will increase by 45 per cent when it reopens to passenger traffic

Saudi’s Millenium Arabia launch first Arabic esports series on Twitter

The series will be streamed every Thursday at 9.30pm UAE time starting June 18

Saudi oil exports to US plunge to lowest level in 35 years

The kingdom has exported just one cargo to the US so far in June, equivalent to about 133,000 barrels a day

saudi arabia covid-19

Saudi Arabia rolls out $1bn industrial support package

Gross domestic product is expected to shrink the most in two decades this year

saudi arabia riyadh

Saudis cut July oil supply to some Asian buyers by up to 40%

The cuts were widespread across the region from South Asia and Southeast Asia to some parts of North Asia

coronavirus

GCC Covid-19 update: Saudi reports 4,507 cases, 39 deaths; Oman registers 1,043 infections

The death toll in Saudi Arabia has crossed 1,000

coronavirus

GCC Covid-19: Saudi reports 4,233 infections, 40 deaths; UAE registers 304 cases

The death toll in Saudi Arabia and Kuwait has risen to 972 and 296 respectively