Business & Money | Sunday 7 August, 2022 7:31 pm

Saudi Insurance Committee announces date for sixth edition of Saudi Insurance Symposium

The Saudi General Insurance Committee has announced that the sixth Saudi Insurance Symposium — the largest gathering of Saudi, GCC and Middle East insurance professionals, experts, and companies — will take place from Wednesday 28 to Thursday 29 September 2022. Held under the patronage of...

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Culture & Education | Saturday 6 August, 2022 5:14 pm

Major fall in global food prices for July, but future supply worries remain

Food prices dropped significantly in July, marking the fourth consecutive monthly decline since hitting record highs earlier in the year in the wake of the developments in Ukraine, the Food and Agricultural Organization (FAO) reported. The UN agency has published its latest eagerly awaited...

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Business & Money | Saturday 6 August, 2022 5:09 pm

Jewel of the Kingdom: Celebrating 5 years of a painstaking restoration plan at Diriyah

The Diriyah Gate Development Authority is celebrating its fifth anniversary. Once complete, the Diriyah restoration project will feature some of the world’s most luxurious restaurants and hotels, built in traditional Najdi architectural style, alongside conservation areas and cultural...

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Business & Money | Saturday 6 August, 2022 4:51 pm

PIF Launches Saudi Egyptian Investments Company (SEIC) to Foster Investment in Egypt

The Public Investment Fund (PIF) today launched the Saudi Egyptian Investments Company (SEIC) to invest in promising sectors throughout Egypt, one of the world’s emerging markets.   SEIC will invest in priority sectors including but not limited to, infrastructure, real estate...

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Culture & Education | Friday 5 August, 2022 11:56 am

Saudi tourism spending grew 52% to $25.5bn in 2021

Overall tourism spending in Saudi Arabia, including residents and foreigners, rose 52 percent in 2021 to SR95.6 billion ($25.5 billion) from SR63.4 billion the previous year, data published by the Saudi Central Bank, also known as SAMA, revealed. The numbers, however, paled compared to 2019...

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Business & Money | Friday 5 August, 2022 11:53 am

OPEC daily basket price stands at $101.19 a barrel Thursday

The price of OPEC basket of thirteen crudes stood at US$101.19 a barrel on Thursday, compared with US$104.17 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), ...

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Business & Money | Friday 5 August, 2022 11:52 am

PACKED GAMERS8 CROWD REVELS IN MUSICAL MASTERCLASS AS DAFENCII, AFROTO, WIZKID AND R3HAB CONCLUDE INCREDIBLE 4TH WEEK CONCERTS

Dafencii  Soulful Sudanese rapper Dafencii, who announced himself on the music scene with the debut release of ‘Rksha’, got Thursday night at the NXT LVL arena at Gamers8 off to a great start with his performance.   Afroto Egyptian favorite Afroto went down an...

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Cars & Autos | Thursday 4 August, 2022 2:57 pm

Nissan commits to sustainability as core to achieving long-term Ambition 2030 vision

Nissan Motor Co., Ltd., aiming for a cleaner, safer and more inclusive world, is reinforcing a commitment to sustainability at the core of its business and as an enabler toward delivery of its long-term vision, Nissan Ambition 2030. In its newly published Nissan Sustainability Report 2022, the...

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Business & Money | Thursday 4 August, 2022 10:51 am

Twitter intentional about teams, hiring, costs: Company spokesperson

Social media company Twitter last month reportedly laid off 30 percent of its recruitment team. And the firm has now announced it will slow hiring around the world. A Twitter spokesperson told Arab News: “As we’ve previously shared, Twitter is being intentional about our teams,...

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Tourism & Hospitality | Thursday 4 August, 2022 9:46 am

Experience Luxury, Peace, and Sophistication in your own Private Villa at Al Habtoor Polo Resort

Al Habtoor Polo Resort, located in the Silicon Oasis area of Dubai, is an Andalusian-infused paradise. This summer, the breathtaking resort encourages GCC travellers and UAE residents to escape the ordinary and enter a world of serenity in their incredible four-bedroom Royal...

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