19 Ramadan 1445 - 29 March 2024
    
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Eye of Riyadh

Ministry of Finance Publishes Saudi Arabia’s Green Financing Framework
Business & Money | Friday 29 March, 2024 5:41 am
The Ministry of Finance has published the Kingdom of Saudi Arabia Green Financing Framework in one of the Financial Sector Development Program initiatives, to drive the Kingdom toward sustainability and net zero emissions through the Circular Carbon Economy approach.The framework also highlights...
GASTAT Issues FDI Statistics for Q4 of 2023
Business & Money | Friday 29 March, 2024 5:38 am
The General Authority for Statistics (GASTAT) issued today the Foreign Direct Investment (FDI) statistics for Q4 of 2023, which show that the net flow of FDI in Saudi Arabia amounted to over SAR13 billion, an increase of 16.0%, or SAR11 billion, compared to Q3 of the same year.Total FDI in the...
Hamdan Foundation Opens Nominations for the Educational Awards at the Gulf level for the 2024 - 2025 cycle
Culture & Education | Friday 29 March, 2024 4:58 am
Hamdan bin Rashid Al Maktoum Foundation for Medical and Educational Sciences announced the commencement of receiving applications for nomination for the Gulf-level educational awards, which include three categories: Distinguished Student Award, Distinguished Teacher Award, and Distinguished School...
Trakhees” runs more than 22,000 Inspections reporting 450 violations during 2023
Business & Money | Friday 29 March, 2024 4:54 am
the Department of Planning and Development - Trakhees, the regulatory body of the Ports, Customs, and Free Zone Corporation, ramped up its inspection efforts in retail facilities across its designated development zones. These efforts involved over 22,249 inspection tours, leading to the...
Budget Saudi plants 2,000 saplings in Jeddah
Environment & Energy | Friday 29 March, 2024 1:58 am
Budget Saudi, the Kingdom’s leading car rental company, has reaffirmed its commitment to creating a more sustainable Saudi Arabia. In line with Vision 2030 and its ongoing efforts to achieve net-zero emissions, the car hire company has successfully planted 1,000 saplings in Jeddah’s Eastern...
Mastercard report finds human connections and technological innovation are key for Cities of the Future
Business & Money | Friday 29 March, 2024 12:59 am
Three in four people would be happier living in a smart and connected city, according to a new report by Mastercard, which features insights related to human aspirations and technological progress for cities of the future in the Middle East. By 2050, two-thirds of the world’s population will be...
Peikko Gulf undertakes Ras Al Khaimah facility expansion to boost manufacturing for construction sector
Business & Money | Thursday 28 March, 2024 4:06 pm
International supplier of building materials, Peikko Gulf expanded its Ras Al Khaimah facility to boost its manufacturing capabilities by around 40%. With the facility now spanning nearly 23,000 m2 and new machinery added to its existing fleet, the company will serve the growing market needs and...
The ‘Strategic Thinking’ session: Ajman DOF’s journey towards achieving Ajman Vision 2030
Business & Money | Thursday 28 March, 2024 4:01 pm
The Strategy and Project Management Office at the Ajman Department of Finance convened a ‘Strategic Thinking’ session led by His Excellency Marwan Al Ali, Director General of the Department. Participants of the session, which aimed to formulate an ambitious new strategy aligned with the...
Red Sea International Airport to receive 1st int’l flight in April
Tourism & Hospitality | Thursday 28 March, 2024 3:19 pm
Red Sea Global Co. (RSG) is gearing up to receive its first international flight to Red Sea International Airport (RSI).   Operated by flydubai, the flight will arrive from Dubai International (DXB) on April 18, marking the start of a new twice-weekly route to The Red Sea...
RCJY says every riyal invested matched by SAR 8.9 from private sector
Business & Money | Thursday 28 March, 2024 3:17 pm
The president of the Royal Commission for Jubail and Yanbu (RCJY), Khalid Al-Salem, said that every riyal invested by the government through the commission was matched by SAR 8.9 investments from the private sector. Al-Salem indicated that the commission plans to reach SAR 9 in...
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