It had dedicated nearly 2,000 workers for the program.
Rivals' challenge to the control of a key oil asset can derail the acquisition.
The Saudi Ports Authority (Mawani) on Sunday launched the Smart Ports initiative in a bid to enable Saudi ports apply...The program is aimed at enabling Saudi ports to utilize 5G, AI and other technologies besides boosting their competitiveness..
Ports account for more than 90 percent of the Saudi export movement, according to President of Saudi Ports Authority, Omar bin Talal Hariri.
Al Rajhi Bank of Saudi Arabia will start providing a digital guarantee service through the electronic financial services platform called...The new service intends to ensure smooth financial operations for beneficiaries, according to a bank statement
Al Rajhi Bank customers in the corporate sector will be able to issue digital guarantees and easily link them to the beneficiary electronically via the platform
The rise was due to crude prices, as the global economy recovered.Aramco's net income increased by 124 percent to $110 billion in 2021, compared to $49 billion in 2020
It had achieved a net income of $88.2 billion in 2019 before the coronavirus pandemic hit global markets
Spurred by yet another round of increase in oil prices, shares on Saudi stock exchanges opened higher on Sunday with...In energy markets, oil prices closed the week higher with Brent crude gaining $1.29 to $107.93 a barrel, while WTI crude up $1.72 to $104.70 a barrel
Anaam International Holding Group rose 6 percent to lead the gainers, while Bupa Arabia for Cooperative Insurance Co. fell 2.2 percent leading the fallers
The White House had earlier said that "federal policies are not limiting the production of oil and gas."Tellurian's future liquefaction plant will export 3.6 billion cubic feet LNG per day once completed
The US administration has also said that supply must keep up with demand of energy for the short term
The tech giant is being accused in Europe of stifling competition.Three companies have lodged a complaint with the European Commission against Microsoft
They have accused the US technology giant of anti-competitive practices in its cloud services
The amplifying factors include sanctions against Russia’s aviation sector, which cast a global pall over the aviation industry.Several Arab airlines have decided to raise the prices of their tickets slightly
Kuwait’s Jazeera Airways increased fares to all destinations from March 7
The world’s premier mixed martial arts organization UFC will return to UAE in October 2022 at Abu Dhabi Showdown Week...The UFC 281 will be the third event of a five-year partnership between DCT Abu Dhabi and the UFC
It will mark the promotion’s 17th overall event in Abu Dhabi, dating back to UFC 112: INVINCIBLE in April 2010
Expo 2020 Dubai, the largest global gathering since the start of the pandemic, reached the milestone of 20 million visits...Dubai Expo 2020 is the biggest event ever to be held in the Arab world with cultural, numerous educational and entertainment experiences
The appearances of Global leaders, sporting heroes, renowned artists and superstars formed some of the 32,000 events and attractions at the Expo
After a week of losses, the Saudi index posted 0.9 percent increase even as the uncertainty spurred by the Ukraine...The shares of Etihad Etisalat (Mobily) jumped 9.9 percent after the Emirates Telecom Group submitted an offer to increase its stake
Amlak Finance fell by about 10 percent, while Emirates NBD Bank fell by 3.7 percent
