Business & Money | Monday 8 June, 2020 1:28 pm

Lockheed Martin Partners with TAQNIA to Build New Satellite Ground System for Kingdom of Saudi Arabia

Following the successful launch and operation of Saudi Arabia’s newest commercial communications satellite, SaudiGeoSat-1 (SGS-1), Lockheed Martin (NYSE: LMT) has been selected to develop a new ground system to control, manage and operate the satellite. The Saudi Technology Development and...

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Business & Money | Monday 8 June, 2020 11:11 am

Saudi Arabia records $20.09bln trade surplus in Q1 2020

By Staff Writer, Mubasher Riyadh –   Saudi Arabia’s trade balance surplus reached SAR 73.74 billion during the first quarter (Q1) of 2020, declining by 38.3% year-on-year (YoY) from SAR 119.54 billion in Q1-19. On a quarterly basis, the trade surplus decreased by 32.5%, up...

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Government | Monday 8 June, 2020 3:50 am

Prince Abdulaziz bin Saud Inaugurates Maidan Application

Prince Abdulaziz bin Saud bin Naif bin Abdulaziz, Minister of Interior, inaugurated here today, via a virtual network, the "Maidan" application which was developed in technical partnership among the Public Security, the General Directorate of Narcotics Control and the National Information Center;...

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Business & Money | Sunday 7 June, 2020 9:14 am

G20 contributes over $21bn to fight COVID-19

The Group of 20 (G20) and emerging economies have contributed more than $21 billion to fight COVID-19 pandemic. And, with a spirit of solidarity, the group has shown that it will spare no effort to protect lives and the most vulnerable. A statement by the group after an extraordinary summit...

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Environment & Energy | Sunday 7 June, 2020 1:15 am

Oil coup for Saudi Arabia as output cuts are extended

Saudi Arabia pulled off a coup in the world of oil diplomacy on Saturday with an agreement to extend the historic output cuts credited with pulling energy markets out of chaos. At a virtual meeting of the Organization of Petroleum Exporting Countries (OPEC) and non-OPEC producersled by Russia, ...

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Healthcare | Sunday 7 June, 2020 12:18 am

Mobile lab in Madinah cuts time for results to 12 hours

The Emir of Madinah Region Prince Faisal Bin Salman launched the works of the mobile laboratory set up by the Ministry of Health. At full capacity, the laboratory can analyze 10,000 samples daily. The results take 12 hours to appear at present.Earlier, the lab used to analyze 2,500 samples daily...

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Business & Money | Saturday 6 June, 2020 4:00 am

Ministry of Human Resources Approves Mechanisms for Attendance at Workplaces in Jeddah

The Ministry of Human Resources and Social Development approved a number of mechanisms for attendance at workplaces in Jeddah Governorate, based on the Ministry of Interior's decision issued today to re-impose strict precautionary measures in Jeddah Governorate for a period of 15 days; starting...

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Business & Money | Friday 5 June, 2020 6:30 am

G20 Discusses the Long-Term Vision for the Digital Economy

The G20 Digital Economy Taskforce (DETF) held consecutive virtual meetings on 3-4, June, to discuss a comprehensive approach to digital economy policymaking and the future of digitalization.Members from G20 countries, guest countries, international and regional organizations, addressed the...

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Business & Money | Thursday 4 June, 2020 3:49 pm

Princess Hussa Bint Salman.. the Honorary Chairperson of The Social Responsibility Association

HRH Princess Hussa Bint Salman Bin Abdul-Aziz Al Saud was appointed as the Honorary Chair of the Saudi Social Responsibility Association. This is the first Philanthropic Association specializing in liaising among three sectors; the governmental, the private & the non-profit. The Head of...

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Environment & Energy | Thursday 4 June, 2020 8:25 am

KFUPM Ranks Fourth Globally in the Field of Patents

King Fahd University of Petroleum and Minerals (KFUPM) has ranked fourth globally according to the annual ranking of the US National Academy of Inventors and Intellectual Property Owners for universities in 2019.In a statement to Saudi Press Agency (SPA), Prince Abdulaziz bin Salman bin Abdulaziz,...

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