Culture & Education | Wednesday 3 August, 2016 7:51 am

More than 44,000 schools projected to be set up by 2020

As part of a school construction project across the GCC region, more than 44,000 new schools are expected to be built in the Kingdom by 2020. In totality, the project will involve the construction of 50,000 new schools throughout the Gulf region over the next four years. This project comes as...

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Culture & Education | Wednesday 3 August, 2016 7:47 am

Universities urged to hire Saudis with advanced degrees

The growing number of doctorate and masters degree holders at the government employment scheme Jadara has prompted the Ministry of Civil Service to ask the Ministry of Education to instruct Saudi universities to hire these applicants in place of foreign employees.  Communication between the...

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Business & Money | Wednesday 3 August, 2016 7:00 am

‘Highest work standards’ set for Riyadh train project

 The High Commission for the Development of Riyadh is ensuring that the highest standards and controls regarding the work environment and housing are provided to foreigners working on the King Abdulaziz Public Transportation in Riyadh project.  Proper regulatory procedures are to be...

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Business & Money | Tuesday 2 August, 2016 1:20 pm

GE signs MoU with MiSK to train young Saudi professionals

GE (NYSE: GE) today signed a Memorandum of Understanding (MoU) with Prince Mohammed bin Salman bin Abdulaziz Al-Saud Foundation (MiSK) in the field of education and training, to design and launch training programs for young Saudi professionals and executives.   As part of Saudi...

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Government | Tuesday 2 August, 2016 7:32 am

SR4bn fund to boost growth

The Cabinet on Monday authorized the Public Investment Fund to coordinate with the Ministry of Commerce and Investment to take necessary measures to establish a SR4 billion fund to be tasked with investing in venture capital funds and private properties, to support and stimulate investment...

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Business & Money | Tuesday 2 August, 2016 5:02 am

ADA applies world-class best working safeguards in Riyadh Metro Project

Arriyadh Development Authority (ADA) has adopted and is applying world-class standards of best working environment in its King Abdulaziz Project For Public Transport in Riyadh (Riyadh Metro Project). It has applied a number of advanced globally recognized safeguards and standards in working...

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Business & Money | Tuesday 2 August, 2016 4:03 am

Gulf Start lubricant plant to be built at KAEC soon

King Abdullah Economic City (KAEC) has signed a contract with Gulf Start Factory for Petroleum Industries, owners of the Neutron and Shield brands, to lease a 15,677-square-meter parcel of land in the Industrial Valley. With construction set to begin later this year, the company’s facility ...

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Business & Money | Monday 1 August, 2016 8:00 am

SR1.2 million development projects for Jubail signed

The Royal Commission for Jubail and Yanbu signed 24 contracts with 16 investors to set up commercial centers, hotels, residential buildings, medical clinics, gas stations and leisure services in Jubail and Ras Al-Khair with a total value of more than SR1,262 million. An agreement to this effect...

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Business & Money | Monday 1 August, 2016 7:46 am

Pilgrims’ buses to be electronically monitored

Buses transporting pilgrims will be constantly monitored electronically this Haj season, according to acting secretary general of the General Syndicate of Cars Osama Samkari. An agreement to this effect was signed between the General Syndicate of Cars and Wadi Company for Technology of Umm...

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Tourism & Hospitality | Monday 1 August, 2016 7:40 am

Families give enthusiastic welcome to Snow City

The Snow City in Riyadh has received an enthusiastic all-round support, especially from families and commentators, as it promises to be a new attraction. With the capital’s temperatures fluctuating around 45 Celsius, it is difficult to imagine people wearing ski jackets, but they will be...

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