Cars & Autos | Thursday 14 January, 2021 11:12 am

Hyundai Motor Company announces the winners of its Sonata Fandom Challenge in Saudi Arabia

Hyundai Motor Company has announced the winning creative photographs of its Sonata Fandom Challenge as three residents in the Kingdom of Saudi Arabia beat thousands of entries to win a brand-new Sonata 2.5 GDi. Launched in November with the aim of encouraging the public to get creative, the...

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Environment & Energy | Thursday 14 January, 2021 10:54 am

In line with the Kingdom’s 2030 Vision, Desert Technologies Launches the Containerized Solar Generators “Sahara” for the First Time in Saudi Arabia.

Desert Technologies Company, a closed joint stock company, launched the solar energy containers "Sahara" in the Neom region in the north of the Kingdom in cooperation with the French company Green Corp Konnection, for the purpose of operating a part in the assembly area during the Saudi Dakar Rally ...

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Government | Wednesday 13 January, 2021 1:24 am

Saudi Arabia and Algeria sign MoU to boost cooperation to housing sector

Saudi Arabia has signed a memorandum of understanding (MoU) with Algeria in the field of housing and infrastructure development. The MoU, which aims to activate joint cooperation between the two sides, was signed by Saudi Minister of Housing Majid Al-Hogail and his Algerian counterpart Kamel...

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Business & Money | Tuesday 12 January, 2021 11:31 am

eXtra sees 36% higher net profits in 2020

The estimated financial results of United Electronics Company (eXtra) recorded a 36.33% increase in net profits after Zakat and tax to SAR 280.3 million in 2020, compared to SAR 205.6 million in 2019. The higher net profits are driven by a 16.121%...

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Business & Money | Tuesday 12 January, 2021 11:25 am

Saudi Arabia grants licenses to 903 factories in 2020

Saudi Arabia has granted new licenses to 903 factories with total investments of SAR 23.5 billion in 2020 and with 39,404 licensed workers. A total of 515 factories have started their operations in 2020, the Saudi Ministry of Industry and Mineral...

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Sports | Monday 11 January, 2021 9:18 am

Al-Rajhi logs first victory as Al-Saif takes second win in Dakar Rally stage 7

The Stage 7 of the Dakar Rally on Sunday proved to be a great day for Saudi drivers, as Yazeed Al-Rajhi overcame the X-raid Mini of Stephane Peterhansel to claim a maiden stage win in the Rally, while, Saleh Al-Saif took his second win of the season. The Saudi started in 12th position and...

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Tourism & Hospitality | Sunday 10 January, 2021 2:28 pm

AlUla — The World’s Masterpiece

The first ever destination brand campaign for AlUla, the heritage and culture centrepiece of Saudi Arabia, was unveiled Sunday. The campaign, developed by the Royal Commission for AlUla (RCU) with creative partners Leo Burnett, includes a 90” film directed by renowned cinematographer Bruno...

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Tourism & Hospitality | Sunday 10 January, 2021 2:26 pm

STA promotes tourism through short films

 Tourism promotion through short films is expected to help advertise Saudi Arabia’s image to more domestic and foreign tourists, according to an expert. Short filmmaker Muhammad Al-Mousa, winner of the first place in the "Saudi Summer Award for Media Excellence" believes that "short...

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Business & Money | Sunday 10 January, 2021 2:26 pm

tabby, the Region’s Leading Buy Now Pay Later Fintech Raises $23m in one of the Largest Series A Funding Rounds in the Middle East

tabby (tabby.ai), the leading UAE and KSA-based BNPL provider announced that it has raised Series A financing of $23m in debt and equity led by Arbor Ventures and Mubadala Capital, with participation from STV, Raed Ventures, Global Founders Capital, JIMCO, Global Ventures, Venture Souq, Outliers...

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Business & Money | Sunday 10 January, 2021 2:19 pm

ACCIONA completes the construction of the Al Khobar I desalination plant in Saudi Arabia

Al-Khobar 1, built by ACCIONA and owned by Saline Water Conversion Corporation (SWCC), is one of the biggest desalination plants in Saudi Arabia. It will provide a service to 350,000 people ACCIONA has completed the commissioning phase for the plant and is now producing water beyond its...

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