Business & Money | Sunday 9 August, 2020 1:05 am

Saudi and Italian FMs meet to discuss G20 affairs

Saudi Foreign Minister Prince Faisal bin Farhan met with his Italian counterpart Luigi Di Maio on Friday at the Italian Ministry of Foreign Affairs in Rome, as part of his official visit to Italy. The two men discussed bilateral relations and ways to enhance them, the current situation in the...

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Environment & Energy | Saturday 8 August, 2020 3:49 am

Saudi Arabia, UAE, Kuwait, Bahrain, Oman, Iraq reaffirm full compliance to OPEC+ deal

Saudi Gazette reportRIYADH — Oil ministers of Saudi Arabia, the United Arab Emirates, Kuwait, Bahrain, Oman, and Iraq on Friday reviewed the recent developments in oil markets, the continued recovery in the global economy and oil demand, and the progress made in rebalancing the oil market during...

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Government | Saturday 8 August, 2020 1:55 am

KSrelief airlifts aid to Lebanon to help Beirut blast victims

The first Saudi planes (air bridge) carrying tons of medicine, shelter kits and food items as part of the humanitarian and relief aid for the blast victims arrived in Beirut on Friday.The aid was sent through Saudi Arabia’s King Salman Humanitarian Aid and Relief Center and received by Lebanese...

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Culture & Education | Thursday 6 August, 2020 8:48 am

Training on coronavirus measures important before start of new academic year: Al-Sheikh

Minister of Education Dr. Hamad Al-Sheikh has called for imparting training on coronavirus precautionary measures to ensure the protection of all, underscoring the importance of reviewing preventive protocols in the education sector.He made the remarks during a virtual meeting with directors of...

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Government | Thursday 6 August, 2020 4:40 am

Under the Directives of the Custodian of the Two Holy Mosques, Saudi Arabia Provides Urgent Humanitarian Assistance to Confront Effects of Beirut Port Explosion

Under the directives of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and based on his keenness to stand by the brothers in Lebanon and to provide aid and assistance to the brotherly Lebanese people following the explosion that occurred in the Port of Beirut, the...

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Business & Money | Wednesday 5 August, 2020 1:08 pm

Landmark Arabia partners with Alnahda Society to facilitate virtual learning during COVID-19 pandemic

Continuing on its efforts to address the needs of those severely impacted by the COVID-19 pandemic in the Kingdom, Landmark Arabia has teamed up with Alnahda Society one of Saudi Arabia’s oldest charities for women, to donate 100 laptops. The donation will...

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Tourism & Hospitality | Wednesday 5 August, 2020 11:40 am

Riyadh Travel Fair 2020 postponed for the 2nd time this year

Riyadh Travel Fair 2020 has been postponed for the 2nd time in 2020 due to the Covid–19 pandemic. The decision was made in the interest of public health and safety by officials at ASAS Exhibitions and Conference Organizing Company, the company responsible for organizing the annual travel...

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Business & Money | Wednesday 5 August, 2020 11:19 am

Moody's affirms Saudi Re's A3 IFSR rating, stable outlook

Saudi Reinsurance Company (Saudi Re) announced today that Moody’s Investors Service (Moody’s) has affirmed the company's A3 Insurance Financial Strength Rating (IFSR) with a stable outlook.   The affirmation of Saudi Re’s rating reflects its strong brand and market position in...

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Business & Money | Wednesday 5 August, 2020 3:36 am

GLOBAL MARKETS-Gold Soars Past $2,000, Gold up on Stimulus Hopes 2 New York

MSCI's benchmark for global equity markets rose 0.47% after earlier hitting a five-month high, less than 4% from its all-time peak in February. The index was lifted overnight when stocks rallied in Asia on relatively strong manufacturing data from around the world reported on Monday.On Wall Street, ...

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Business & Money | Wednesday 5 August, 2020 1:35 am

Price tags displayed on products must include VAT: Ministry

Saudi Arabia’s Ministry of Commerce emphasized that prices of products in the market must be inclusive of value-added tax (VAT). The displayed prices of goods shall be final prices and should reflect the same in the cashier’s computer system, Saudi Press Agency reported on Tuesday, quoting the...

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