Business & Money | Saturday 3 August, 2019 2:27 am

Saudi Arabia, China have established ‘comprehensive strategic partnership’

Zhu Xinglong, counselor at the Chinese Embassy in Riyadh, said Saudi Arabia and China have established a comprehensive strategic partnership. Discussing Chinese-Saudi bilateral relations during an interview, he said: “The two countries have set up the China-Saudi Arabia high-level joint...

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Healthcare | Friday 2 August, 2019 4:05 am

107 open-heart surgeries conducted on Haj pilgrims, Saudi Health Ministry says

The Ministry of Health said its hospitals in Makkah and Madinah have so far conducted as many as 107 open-heart operations on pilgrims during this Haj season, 683 dialysis procedures, 35 binocular operations and 219 general surgeries. The report said that 1,024 pilgrims checked in with...

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Culture & Education | Friday 2 August, 2019 3:59 am

Al-Haramain Train Takes First Group of Pilgrims From Madinah to Makkah

 Al-Haramain Express train launched the first pilgrims' voyage with more than 170 pilgrims from different nationalities heading for Al-Rusaifa station in Makkah. A number of pilgrims expressed thanks and appreciation to the Government of the Custodian of the Two Holy Mosques for the good...

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Business & Money | Friday 2 August, 2019 2:00 am

SAGIA Signs US$200 million MoU With UNIBIO and Local Partner EDHAFAT

SAGIA announced today that it has signed a memorandum of understanding with Denmark-based biotechnology firm Unibio, along with its local Saudi Arabian partner Edhafat, worth US$200 million. As part of the MoU, Unibio has committed to commence development of a facility in Saudi Arabia that will...

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Tourism & Hospitality | Thursday 1 August, 2019 1:58 pm

Saudi Arbian Airlines (Saudia) Welcomes Hajj Guests From All Over the World

SAUDIA is currently in the midst of the Hajj season whereby an increase of nearly 10% more guests is projected, over last year’s figures. The Hajj guest traffic is being carried on both regular scheduled commercial flights, as well as dedicated charter flights. There are 15 leased widebody ...

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Government | Thursday 1 August, 2019 2:00 am

SAMA's decision on repo and reverse repo rates

SAMA has decided to lower its repo rate from 300 basis points to 275 basis points, and its reverse repo rate from 250 basis points to 225 basis points with immediate effect. Rate adjustments are in line with SAMA's objective of preserving monetary stability. ...

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Tourism & Hospitality | Thursday 1 August, 2019 1:40 am

First American airline flight in 22 years arrives in Saudi Arabia

The first American airline flight to arrive in Saudi Arabia since 1997 landed in Jeddah on Wednesday carrying 168 Hajj pilgrims. The Miami Air chartered flight from Ohio touched down at King Abdulaziz International Airport on Wednesday afternoon, a General Authority of Civil Aviation (GACA)...

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Business & Money | Thursday 1 August, 2019 1:30 am

NCB achieved SAR 6.2 billion net income for the First Half of 2019,

The National Commercial Bank announced that its net income before calculating Zakat and income tax for the first half of 2019 reached SAR 6,239 million compared to SAR 5,653 million for the same period of the previous year, with an increase of SAR 585 million and a growth of 10.4%. Moreover,...

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Business & Money | Wednesday 31 July, 2019 4:49 pm

ENGIE sign a 30 MWp solar PV contract to supply power to NADEC in KSA

NADEC launched the project to provide electricity from a dedicated 30 MWp solar PV facility in NADEC City, in the Haradh region (265 kms South-East from Riyadh) with the primary objective of supporting its energy transition process. The implementation of this project is expected to reduce...

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Healthcare | Wednesday 31 July, 2019 12:29 pm

Shaza Makkah Blood Donation Campaign makes a Vital Contribution to the Holy City’s Blood Bank

Shaza Makkah conducted a Blood Donation campaign on 14 July 2019 in order to make a vital contribution to the Holy City’s blood bank. Held in the hotel’s beautiful Noor Hall, the campaign also aimed at creating greater awareness of the need for citizens and residents to show care for...

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