Business & Money | Friday 20 March, 2020 5:10 am

Saudi Customs: Export of medicines, pharmaceuticals, medical devices stopped

Saudi Customs issued today a circular to all its land, sea and air customs ports to stop the export of medicines, pharmaceutical and medical devices, in implementation of the recommendations of the ministerial committee to take precautionary measures to prevent the outbreak of the Novel Coronavirus ...

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Business & Money | Friday 20 March, 2020 3:55 am

B20 Statement on COVID-19 initiative

The impact of the COVID-19 pandemic on societies and the global business community has been both disruptive and far reaching. As we continue to monitor the situation and respond accordingly, it is critical that we as B20 Saudi Arabia take the necessary steps to identify how global businesses...

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Government | Thursday 19 March, 2020 9:17 pm

Custodian of the Two Holy Mosques Delivers Speech to Citizens and Residents in the Kingdom

The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud delivered a speech to his brothers and sisters, his sons and daughters, citizens and residents in the Kingdom of Saudi Arabia as follows: "Praise be to God and peace be upon His Messenger, My brothers and sisters, My...

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Business & Money | Thursday 19 March, 2020 1:25 am

Minister of Finance and Acting Minister of Economy and Planning: Government is taking precautionary financial measures to face effects of the global epidemic (COVID-19)

Due to the economic and global conditions resulting from the consequences of the global epidemic (COVID-19), and the sharp decline in the outlook for global economic growth and its negative impact on oil markets, and its direct impact on public finances in the Kingdom of Saudi Arabia, the...

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Business & Money | Thursday 19 March, 2020 12:28 am

SAMA: stop freezing customer bank accounts for three cases

Saudi Arabian Monetary Authority "Sama" announced the issuance of its decision to suspend the freezing of clients' bank accounts for a period of (30) days, according to specific cases. This step is attached to the instructions issued by the institution regarding regulating the work...

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Environment & Energy | Thursday 19 March, 2020 12:15 am

Ministry of Energy directed Saudi Aramco to continue to supply crude oil at a level of 12.3 mbd

Ministry of Energy directed Saudi Aramco to continue to supply crude oil at a level of 12.3 mbd over the coming months. ...

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Business & Money | Wednesday 18 March, 2020 12:30 pm

Ma’aden achieves ISO 55001 and ISO 31000 certifications at two of its major complexes

Saudi Arabian Mining Company (Ma’aden) subsidiary Ma’aden Phosphate Company (MPC) has received the ISO Asset Management System (ISO 55001) and ISO Risk Management System (ISO 31000) certifications for its two major complexes, the Integrated Fertilizer Production Complex in Ras Al Khair...

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Technology & IT | Wednesday 18 March, 2020 11:41 am

Saudi IoT 2020; a glimpse of a successful event!

Saudi International Exhibition and Conference for Internet of Things (Saudi IoT) and the co-located Event Cyber Defence Summit was organized concurrently from 8th to 10th March 2020 at the Riyadh International Convention and Exhibition Center. Despite the COVID-19 outbreak New...

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Business & Money | Wednesday 18 March, 2020 3:12 am

Amaala Appoints Hks Architects Master Planner Of Triple Bay And The Coastal Development

AMAALA, the ultra-luxury destination located along Saudi Arabia’s northwestern coastline, has announced the appointment of international design firm HKS Architects as Master Planner for Triple Bay and The Coastal Development. Set in the Prince Mohammed bin Salman Nature Reserve, AMAALA will...

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Business & Money | Wednesday 18 March, 2020 2:01 am

The Saudi G20 Presidency is Convening an Extraordinary Leaders’ Summit

The Saudi G20 Presidency is communicating with G20 countries to convene an extraordinary virtual G20 Leaders’ Summit next week to advance a coordinated response to the COVID-19 pandemic and its human and economic implications. The G20 will act, alongside international organizations, in any...

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