Environment & Energy | Friday 17 April, 2020 9:04 am

Minister of Energy discusses oil market situation with his Russian counterpart

Prince Abdulaziz bin Salman Al Saud, Minister of Energy for the Kingdom of Saudi Arabia; and HE Alexander Novak, Minister of Energy for the Russian Federation held a constructive phone call as part of their regular consultations on the oil market situation and issued the following joint...

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Business & Money | Friday 17 April, 2020 7:07 am

The Saudi G20 Presidency calls for US$8 billion in Combatting the COVID-19 Pandemic and Saudi Arabia pledges US$500 million

The Kingdom of Saudi Arabia, as the holder of the G20 Presidency, has pledged US$500 million to relevant international organizations to support global efforts in combatting the COVID-19 pandemic. This pledge will support emergency and preparedness response, developing and deploying new diagnostics, ...

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Technology & IT | Friday 17 April, 2020 1:22 am

Huawei hosts online summit for Saudi partners to strengthen sustainable business ecosystem

Hosted virtually for the first time, the recently concluded Huawei Saudi Online Partner Summit 2020 event—held under the slogan of “Win Together”—provided leading organizations in the Kingdom with the chance to explore how new Huawei policies, promotions, and programs will enable partners...

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Business & Money | Thursday 16 April, 2020 11:38 am

G20 fights to save global economy from virus disaster

The world’s 20 most powerful countries unveiled a raft of measures on Wednesday to deal with the crippling effects of the coronavirus pandemic as it threatens a global slump to rival the 1930s Great Depression.“Immediate and exceptional measures” were announced by finance ministers and...

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Environment & Energy | Thursday 16 April, 2020 12:32 am

Saudi Aramco Has Not Made Any Offers of Extended Payment Terms to Crude Oil Sales

Saudi Aramco Company has denied some media reports with regard to payment terms to crude oil sales.In a statement issued, the company stated that "Contrary to a recent media report, Aramco has not made any offers of extended payment terms to crude oil sales." ...

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Government | Wednesday 15 April, 2020 2:55 pm

King issues new package to mitigate economic impact of coronavirus

Custodian of the Two Holy Mosques King Salman has approved on Wednesday an allocation of SR50 billion to expedite the payment of the dues of the private sector.This is part of a package of additional economic initiatives approved by the King to support mainly the private sector to mitigate the...

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Business & Money | Wednesday 15 April, 2020 10:41 am

G20 Health Ministers to Hold Virtual Meeting

G20 Health Ministers will convene virtually on April 19 to address the impact of COVID-19 on the global health sector, and society.The meeting follows the G20 Extraordinary Virtual Leaders’ Summit in March, where Ministers of Health were mandated to share national best practices and develop a set ...

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Tourism & Hospitality | Wednesday 15 April, 2020 4:10 am

GACA Takes Set of Measures to Mitigate Effects of Coronavirus on National Aviation Companies and to Enhance Aviation Safety

President of the General Authority of Civil Aviation (GACA) Abdulhadi bin Ahmed Al-Mansouri signed here a set of measures to enhance the safety of civil aviation, extending the validity periods of licenses, certifications, and certificates for air crew members, trainers, examiners and air...

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Technology & IT | Wednesday 15 April, 2020 1:38 am

SAFCSP launches Homathon Challenge Competition

The Saudi Federation for Cybersecurity Programming and Drones (SAFCSP) launched today the Homathon Challenge Contest to promote innovative solutions to meet the current circumstances of the Coronavirus pandemic.In a statement (SAFCSP) declared that registration for the eight-field competition...

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Government | Tuesday 14 April, 2020 5:00 pm

Cabinet Holds Session via Virtual Network Under Chairmanship of Custodian of the Two Holy Mosques

Under the chairmanship of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, the Cabinet held its session today via virtual network. At the outset of the meeting, the Custodian of the Two Holy Mosques briefed the Cabinet on the contents of the two joint telephone calls...

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