Government | Saturday 13 April, 2024 8:16 am

EU Council approves law targeting organised crime through asset recovery and confiscation

The Council of the European Union (EU) today adopted a law which sets out EU-wide minimum rules on the tracing, identification, freezing, confiscation and management of criminal property in connection with a wide range of crimes. The directive will better equip member states in their fight...

More Details

Tourism & Hospitality | Friday 12 April, 2024 6:49 am

GACA to organize Future Aviation Forum in May

The General Authority of Civil Aviation (GACA) will organize the third edition of the Future Aviation Forum (FAF 2024) on May 20-22, in Riyadh, under the patronage of the Custodian of the Two Holy Mosques, King Salman, Saudi Press Agency reported.   More than 5,000 aviation experts...

More Details

Business & Money | Friday 12 April, 2024 6:45 am

SDB collects SAR 114B from total loans offered to citizens

The Social Development Bank (SDB) collected SAR 114 billionfrom the total loans worth SAR 155 billion offered to citizens, Al Eqtisadiah newspaper reported, citing CEO Sultan Al-Hamidi.   He added that the total loans offered to females since the bank's establishment reached nearly...

More Details

Business & Money | Thursday 11 April, 2024 8:32 am

Gold hovers near all-time high as market focus turns to US data

Gold prices rose today, April 9, hovering near their lifetime high, supported by firm central bank buying, while investors are watching out for the Federal Reserve's policy meeting minutes and US.   The gold spot prices edged up 0.3% to $2,345.09 per ounce at 0621...

More Details

Business & Money | Wednesday 10 April, 2024 6:07 am

China's new international land-sea trade corridor records $8.9 billion in TEUs transported

The New International Land-Sea Trade Corridor (ILSTC), which runs through the western part of China, is rapidly expanding, serving as a vital connection between the Silk Road Economic Belt, the 21st-Century Maritime Silk Road, and the Yangtze River Economic Belt. According to the People's...

More Details

Business & Money | Wednesday 10 April, 2024 6:06 am

Forbes Middle East reveals Middle East’s Most Valuable Banks 2024

Forbes Middle East has revealed its ‘30 Most Valuable Banks’ ranking, featuring the resilient, profitable, and customer-centric banking titans in the region.As of February 23, 2024, the 30 banks had a combined value of US$581.1 billion, up 14 percent over the last 12 months. Gulf entities...

More Details

Sports | Tuesday 9 April, 2024 1:57 am

Saudi Sports for All Celebrates Tremendous Success of Ramadan Tournaments

Saudi Sports for All (SFA) proudly announces the resoundingsuccess of its series of Ramadan tournaments, culminating in an unprecedented celebration ofsportsmanship, community, and healthy living across the Kingdom.The SFA Ramadan Domes tournament, held in Dammam, witnessed an...

More Details

Government | Tuesday 9 April, 2024 12:44 am

Saudi Arabia to celebrate Eid Al Fitr on Wednesday

Saudi Arabia will celebrate Eid Al-Fitr on Wednesday, April 10. It said the crescent of Shawwal was not sighted, adding that the fasting will continue tomorrow.    ...

More Details

Healthcare | Tuesday 9 April, 2024 12:36 am

Naba Alsaha to double bed capacity to 400 in 3 years: Chairman

Naba Alsaha Medical Services Co. plans to double its capacity from 180 beds in 2023 to 400 beds over the next three years, Chairman Abdulwahab Al-Ajroush told Asharq Business.   The company will focus during 2024 on the Riyadh Hospital project and the expansion of Al-Anwar Hospital...

More Details

Business & Money | Tuesday 9 April, 2024 12:01 am

Saudi Arabia's private equity investments reach $4B in 2023

Saudi Arabia witnessed an increasing interest in private equity investments from 2019 to 2023, MAGNITT said in a recent report. The Kingdom's private equity investments reached a peak of nearly $4 billion in 2023, recording growth for three consecutive years since 2020. Private Equity...

More Details