Business & Money | Sunday 30 December, 2018 1:29 am

Value of 5 halala coin transactions soars over SR2.12m in November

The value of transactions of 5 halala coins has increased markedly to over SR2.12 million by the end of November, 2018. This figure registered an increase of 1,796 percent compared to SR111,761 at the end of Nov. 2017, according to a recent report of the Saudi Arabian Monetary Agency (SAMA). The ...

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Business & Money | Sunday 30 December, 2018 1:26 am

Saudization of groceries 'to save SR6bn in remittances'

A number of economists expect the Saudization of jobs in groceries to remarkably reduce annual remittances by expatriate workers. They said the remittances would drop by SR6 billion if the decision was implemented. They also believe that the nationalization of work in the groceries would create...

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Technology & IT | Sunday 30 December, 2018 12:19 am

Samsung C-Lab to Reveal Eight New AI Projects at CES 2019

Samsung Electronics announced that it will showcase eight innovative new projects related to Artificial Intelligence (AI), developed from its C-Lab (Creative Lab)  program, from January 8 through 11 at CES 2019 Eureka Park. In addition, eight start-ups which have been spun off from C-Lab...

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Government | Saturday 29 December, 2018 11:14 am

33% drop in traffic accident fatalities in 2 years

Fatalities in traffic accidents have fallen by 33% and injuries by 21% over the last two years, according to the latest figures of the General Department of Traffic. The number of deaths dropped to 6,025 in 2018 from 9,031 in 2016. The number of injuries dropped from 38,120 to 30,217 during the...

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Culture & Education | Saturday 29 December, 2018 3:24 am

Jeddah residents, visitors make the most of ‘cultural park’ programs

A large number of Jeddah residents and visitors, mainly families, thronged the “Jeddah cultural park” on Friday, the second day of the 10-day event. Prince Khaled Al Faisal, emir of Makkah and adviser to the Custodian of Two Holy Mosques, inaugurated the second edition of the event...

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Tourism & Hospitality | Saturday 29 December, 2018 2:23 am

Over 2 million Umrah pilgrims arrived in the Kingdom

More than two million Umrah pilgrims arrived in the Kingdom during the current Umrah season, the Saudi Press Agency reported. As of Thursday, Dec. 27, the Ministry of Haj and Umrah has issued a total of 2,386,346 Umrah visas, according to the latest figures released by the ministry on Friday. A...

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Business & Money | Saturday 29 December, 2018 1:31 am

Euro currency remains a work in progress on 20th birthday

The euro is about to celebrate its 20th birthday, but the countries that use it are still wrestling over how the shared currency should work and how to fix flaws exposed by the debt crisis that marred its second decade. The euro was launched on Jan. 1, 1999, when 10 countries fixed their exchange...

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Environment & Energy | Friday 28 December, 2018 4:25 am

Saudi Aramco creates fuel retail subsidiary

Saudi Aramco is establishing a domestic fuel retailing subsidiary as part of the national oil company’s drive to expand beyond crude oil production into downstream businesses. The new firm, Saudi Aramco Retail Co, will create a network of filling stations within Saudi Arabia to sell...

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Business & Money | Friday 28 December, 2018 3:24 am

Saudi naval forces prepare for Red Wave 1

The joint military drill, Red Wave 1, is to launch early next week with the participation of the countries bordering the Red Sea, including Jordan, Egypt, Sudan, Djibouti and Yemen, in addition to observers from Somalia in the Western Fleet. “This exercise, which will be implemented by the...

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Technology & IT | Friday 28 December, 2018 1:38 am

“Huawei Saudi Arabia” Launches in the Local Market the Top of its Class Smartphone “PORSCHE DESIGN HUAWEI Mate20 RS”

“Huawei Saudi Arabia” announced the launch of its new premium smartphone, the PORSCHE DESIGN HUAWEI Mate20 RS, in Saudi market through authorized retailers starting from December 27th. The top of its class smartphone combines the finest design and strongest performance.  It ...

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