Government | Sunday 2 December, 2018 4:38 am

HRH the Crown Prince meets President of Russia on sidelines of G20 summit

His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Vice President of the Council of Ministers and Minister of Defense, met today with Russian President Vladimir Putin on the sidelines of the G20 summit in Buenos Aires. During the meeting, they reviewed aspects of...

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Business & Money | Sunday 2 December, 2018 3:43 am

Crown Prince reviews with G20 leaders opportunities for joint cooperation

As the two-day G20 summit concluded on Saturday, Crown Prince Muhammad Bin Salman, deputy premier and minister of defense, grew in stature. Many world leaders expressed confidence in his social and economic reforms. Stability in Saudi Arabia is the cornerstone of prosperity and progress in...

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Government | Saturday 1 December, 2018 2:32 am

World leaders welcome Crown Prince at G20

World leaders welcomed Crown Prince Muhammad Bin Salman on Friday at the G20 summit. The Crown Prince was seen chatting with US President Donald Trump and his daughter Ivanka and shaking hands with French President Emmanuel Macron at the start of a two-day meeting of the world's top...

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Government | Saturday 1 December, 2018 1:39 am

Crown Prince meets Modi in Argentina, plans to ramp up investments

Crown Prince Muhammad Bin Salman met Indian Prime Minister Narendra Modi and told him about plans to scale up investments in India's tech, farm and energy sectors, an Indian official and the Saudi news agency (SPA) said on Friday. The two leaders, who are in Argentina for the G20 summit, met ...

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Tourism & Hospitality | Saturday 1 December, 2018 1:37 am

Saudi tourism bosses set up digital center to ensure development

As part of its efforts to achieve the tourism goals set by Vision 2030, the Saudi Commission for Tourism and National Heritage (SCTH) is to establish a “digital transformation center” to ensure digital technology drives the development of tourism and other related sectors. SCTH...

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Business & Money | Friday 30 November, 2018 6:00 am

Efforts of the King, Crown Prince in bolstering world economy through G20 summits

The Kingdom of Saudi Arabia’s role in the Group of Twenty (G20) has strengthened its position in the global economy, thanks to its solid economic and industrial base. This role emphasizes the Kingdom’s weight and position on the global economy and its moderate and economic decisions...

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Business & Money | Friday 30 November, 2018 3:49 am

SABIC signs MoU with 6 suppliers to form global business alliances

Saudi Basic Industries Corporation (SABIC) announced on Thursday that it has signed memorandums of understanding (MoUs) with six multinational suppliers. According to a statement issued by the petrochemical giant, the suppliers include German conglomerate Siemens, Swiss technology firm ABB,...

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Business & Money | Friday 30 November, 2018 2:00 am

Saudi Arabia's Olayan consortium withdraws from UK shopping mall owner bid

A consortium including Saudi Arabia’s Olayan Group has scrapped plans for a £2.9 billion bid for a UK shopping center owner. Shares in mall owner Intu collapsed on Thursday when the would be suitors, that also included Peel Group and Canadian property firm Brookfield, said that...

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Business & Money | Thursday 29 November, 2018 12:23 pm

SAGIA at the MENA-OECD Conference: The Kingdom's VISION 2030 has contributed to the Accelerating Pace of Reforms to Enhance Competitiveness of the Saudi Economy

His Excellency the Governor of the Saudi Arabian General Investment Authority (SAGIA), Ibrahim Al-Omar, participated in the annual meeting of the OECD Working Group for the Middle East and North Africa, which commenced on Tuesday in the Dead Sea over a period of two days amid a regional and...

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Environment & Energy | Thursday 29 November, 2018 7:00 am

Saudi Aramco Signs Deals Worth $27.5 Billion With Suppliers at Annual IKTVA Localization Forum

Saudi Aramco hosted its 4th IKTVA Forum & Exhibition this week at the Dhahran Expo Center in Dammam, attracting more than 1,000 local and international energy-sector service and equipment suppliers, manufacturers and small and medium enterprises to explore available investment...

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