22 Dhu al-Qi'dah 1444 - 11 June 2023
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Eye of Riyadh

Tawuniya wins SAR 999.2 mln contract from Foreign Affairs Ministry
Business & Money | Thursday 1 June, 2023 9:28 am
The Company for Cooperative Insurance (Tawuniya) received, on May 31, approval from the Ministry of Foreign Affairs, on awarding a project worth SAR 999.18 million.  In a statement to Tadawul, Tawuniya pointed out that it will provide health...
Messe Frankfurt Middle East Announces New Partnership with 1st Arabia Tradeshows & Conferences for Saudi Arabia-Based Shows
Business & Money | Wednesday 31 May, 2023 8:16 pm
Following six years of delivering outstanding business-to-business events in Saudi Arabia, Messe Frankfurt Middle East (MFME) is pleased to announce its new partnership with 1st Arabia, a highly experienced event management company that has been actively operating in the Saudi Arabia for the past...
Saudi Arabia Census Shows Total Population of 32.2 Million, of Which 18.8 Million are Saudis
Government | Wednesday 31 May, 2023 3:44 pm
The General Authority for Statistics (GASTAT) announced today the first results of the Kingdom’s 2022 census, which puts the population of Saudi Arabia at 32,175,224 million. Of the total number, Saudis make up 18.8 million (58.4%), while non-Saudis, 13.4 million, constitute 41.6% of the...
The Industry and Mineral Resources Minister honors SDB for its role in supporting entrepreneurs
Environment & Energy | Wednesday 31 May, 2023 2:51 pm
The Minister of Industry and Mineral Resources Bandar bin Ibrahim AlKhorayef who is also the chairman of the National Industry and Services Development Program Committee honored the Social Development Bank (SDB) for its ongoing role in support "Thousand Miles for Entrepreneurship" program. SDB ...
GPSSA to host the 15th Annual Seminar for Civil Pension Authorities of the GCC countries
Government | Wednesday 31 May, 2023 2:35 pm
The General Pension and Social Security Authority (GPSSA) is hosting the 15th Annual Seminar for Civil Pension Authorities of the GCC countries, entitled ‘Effective Investment Tools for Pension Funds and Social Security’ on June 5th and 6th 2023, at the Rixos Premium Saadiyat Island - Abu...
Retail residential mortgages fall to lowest level since December 2018
Business & Money | Wednesday 31 May, 2023 10:56 am
Residential real estate finance provided by banks to individuals declined by 55% year-on-year (YoY) to SAR 4.15 billion in April, data issued by the Saudi Central Bank (SAMA) showed.Compared to March 2023, residential real estate finance dropped by nearly SAR 3.1 billion, or 43%. Residential...
Saudi Astronauts Bid Farewell to ISS after Successful Completion of Scientific Mission
Technology & IT | Wednesday 31 May, 2023 9:31 am
Saudi astronauts Rayyanah Barnawi and Ali Alqarni bid farewell to the International Space Station (ISS) as they boarded their spacecraft, preparing to return to Earth after successfully accomplishing the objectives of the Kingdom's scientific mission. The primary aim of the Kingdom's mission...
Luberef amends agreement with Aramco to supply further 5,000 bpd of reduced crude oil
Environment & Energy | Tuesday 30 May, 2023 11:36 am
Saudi Aramco Base Oil Co. (Luberef) signed an amendment to its feedstock agreement with Saudi Aramco to supply additional 5,000 barrels per day (bpd) of reduced crude oil (RCO). The agreement was sealed on July 1, 2021. In a Tadawul statement, Luberef said this amendment will...
MIS inks SAR 228.8 mln contract with SDAIA
Technology & IT | Tuesday 30 May, 2023 11:29 am
Al Moammar Information Systems Co. (MIS) signed, on May 29, third phase of technical support for open systems TSOS3 contract with the Saudi Authority for Data and Artificial Intelligence (SDAIA) at a total value of SAR 228.77 million including value-added tax (VAT), according to a statement on...
MDMS and Sumou Real Estate Collaborate for Al-Aselah Residential Project in Riyadh
Business & Money | Monday 29 May, 2023 12:26 pm
Maximiliano Development Management Services (MDMS), a leading provider of project development services in Saudi Arabia, is pleased to announce its collaboration with Sumou Real Estate, the key developer and constructor of the highly anticipated Al-Aselah Residential Project in Al-Fursan Suburb,...