| Saudi Arabia a beacon for female entrepreneurship, according to industry leaders
Saudi Arabia is witnessing a significant surge in female entrepreneurship, positioning the Kingdom as a global leader in women-led small and medium-sized enterprises. |
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| Saudi Arabia invites global firms to join mining exploration program
The Saudi mineral sector is poised for expansion with the introduction of the Mining Exploration Enablement Program, inviting global firms and explorers to participate in the initiative. |
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| NBK intensifies awareness campaign, warns customers of scams when donating online
Underscoring its active participation in enhancing financial awareness and inclusion among all segments of society, National Bank of Kuwait (NBK) continues to promote the “Let’s Be Aware” campaign launched by the Central Bank of Kuwait, in collaboration with local banks and Kuwait Banking Association (KBA). |
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| GCC unveils its vision for regional security
Secretary-General of the Gulf Cooperation Council (GCC), Jasem Al-Budaiwi has unveiled a strategic vision for protecting the security, peace, and prosperity of the countries in the Arabian Gulf region. |
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| Council of Economic and Development Affairs reviews local, global issues
Local and global advances and public agencies’ performance were in focus during a virtual meeting held by Saudi Arabia’s Council of Economic and Development Affairs. |
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| Saudi private sector employment soars with over 1m new hires
More than 1 million employees joined Saudi Arabia’s private sector in 2023, marking an 11.5 percent increase compared to 2022, according to new data. |
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| Court to rule on barring candidates March 20 and 21
The administrative court on Monday said it will issue its verdicts on decisions by the elections committee to bar some candidates from running in the April 4 elections on March 20 and 21. The elections committee has disqualified 14 candidates from contesting the snap polls, saying they do not fulfil all conditions to become candidates. |
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| CSC nominates 1,270 for jobs
The Civil Service Commission (CSC) announced on Monday the nomination of 1,270 citizens for the new batch of candidates to work in government agencies registered with the commission and wishing to work in ministries and state institutions. |
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| Saudi Arabia’s King Salman allocates $800m to social security recipients during Ramadan
Saudi Arabia’s King Salman has ordered the distribution of more than SR3 billion ($800 million) in Ramadan assistance to social security recipients, the Saudi Press Agency reported on Sunday. |
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| UAE: Dh800 million 'endowment' tower on SZR to contribute towards providing food safety across globe
A tower worth Dh800 million in Dubai is expected to contribute towards endowment assets and achieve the highest returns to help provide a food safety net for tens of millions of people around the world. |
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| Saudi Arabia’s new visa program part of efforts to boost education sector
Saudi Arabia has announced a new educational visa program to attract students and academics to the Kingdom to boost its research and educational sectors. |
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| Gulf Bank launches second phase of environmental sustainability initiative
Following the specified timeline, Gulf Bank has launched the “A Step Towards Change” environmental sustainability initiative, aimed at shifting societal habits by promoting the use of reusable bags, in partnership with Al-Shamiya and Al-Shuwaikh cooperative society. |
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| Saudi Defense Ministry signs 17 deals to bolster defenses
RIYADH: A package of deals was signed by Saudi Arabia’s Ministry of Defense with local and global companies at the World Defense Show in Riyadh. |
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| South Korea seeks to deepen defense ties with Saudi Arabia
SEOUL: Saudi Arabia and South Korea signed a preliminary agreement to expand defense cooperation, Seoul’s arms procurement agency has said as the East Asian country looks to broaden its arms export market. |
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| Defense Space Arena becomes key highlight of WDS
RIYADH: The World Defense Show 2024 opened its doors to visitors on Monday who took keen interest in the state-of-the art equipment and defense technology on display. |
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| Saudi Arabia in prime position to become global leader in AI regulation, expert says
Saudi Arabia is well placed to become a global leader in the regulation of artificial intelligence by initiating the discussions that will help craft a consensus on how such rules should operate, an expert on the emerging technology said. |
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| Saudi Arabia, Kenya discuss energy cooperation
Trade collaboration between Saudi Arabia and Kenya is poised to strengthen as energy ministers met in Riyadh to discuss various topics, including the “Empower Africa” initiative. |
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| Bahrain hosts global assembly for sustainable digital growth
Global cooperation will be in focus as Bahrain hosts top officials from the member states of the Digital Cooperation Organization, addressing challenges in the sector for sustainable growth. |
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| NBK warns customers of storing sensitive info on smartphones
As part of its consistent efforts to promote financial culture and awareness among all segments of society, National Bank of Kuwait (NBK) continues to advocate the “Let’s Be Aware” banking awareness campaign introduced by the Central Bank of Kuwait, in cooperation with Kuwait Banking Association (KBA). |
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| UAE work visas: Some firms told to ensure diverse nationalities when hiring
Some companies in the UAE have been unable to procure work visas for potential employees of certain South Asian nationalities. When companies with an overwhelming number of employees from a particular nationality apply for new visas for people of the same nationality, a message from the authorities pops up, asking them to “achieve demographic diversity while hiring”. |
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| Saudi Arabia reduces maximum limits for costs of recruiting domestic labor services from some countries
Saudi Arabia’s Ministry of Human Resources and Social Development announced the reduction of the upper ceiling for the costs of recruiting domestic labor services from a number of countries on Monday. |
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| Expats eye new Premium Residency Program additions with optimism
Expatriates living and working in the Kingdom woke up on Wednesday to the pleasant news of the introduction of five new products to the premium residency program. The new initiative allows foreigners who are eligible to avail added benefits during the course of their stint in Saudi Arabia. |
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| Future Minerals Forum 2024: Ministerial Roundtable begins in Riyadh
High-level ministers from more than 77 countries are gathering in Riyadh today to discuss challenges in the mining and metals sector. |
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| Top NBK official shares experience during ‘TAMAKAN’ panel discussion
The inaugural session of the “TAMAKAN” training program was launched featuring executive management members from National Bank of Kuwait (NBK). |
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| King Salman orders extension of Citizens Account Program
King Salman has ordered the extension of the Citizens Account Program and provision of extra support to its beneficiaries for a full year, the Saudi Press Agency reported on Monday. |
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| Saudi Arabia and UN discuss strengthening collaborations to achieve global SDGs
Saudi Arabia discussed ways to enhance cooperation with the UN when it comes to dealing with global environmental challenges during a high-level meeting between officials. |
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| King Salman chairs cabinet session discussing Saudi-Qatari relations
King Salman chaired on Tuesday over a council of ministers session in Riyadh that discussed Saudi-Qatari relations, the Saudi Press Agency reported. |
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| S&P: GCC countries have resources to soften climate risks
Physical risks from climate change are rising globally and GCC countries could become more vulnerable to their economic and financial effects over the next few decades if investments in adaptation and resilience stagnate, S&P Global Ratings said on Monday. |
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| Dubai's population grows by 100,000 in 2023
Dubai’s population has grown by over 100,000 year-to-date, according to Dubai Statistics Center data. |
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| All types of visas to open soon
Interior Minister Sheikh Talal Al-Khaled Al-Sabah on Wednesday promised to open all types of visas for expats, especially dependent visas, following the approval of amendments to the residence law by the National Assembly next week, a lawmaker said. |
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| Can COP28 grab the world’s attention?
RIYADH: Around 200 heads of state, and diplomats will gather in Dubai later this week for the COP28 climate summit. This occurs at a time when global attention is fixated on the Israel-Hamas war in Gaza. |
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| ADGM FSRA publishes Discussion Paper on IT Risk Management
ABU DHABI, The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has issued a Discussion Paper on information technology (IT) risk management to engage with and seek feedback from industry stakeholders. |
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| UAE, WTO chair Mini-ministerial meeting on agriculture ahead of MC13
DUBAI, The UAE and the World Trade Organisation (WTO) today chaired a Mini-ministerial meeting on Agriculture in preparation for the 13th World Trade Organisation (WTO) Ministerial Conference (MC13) from 26th to 29th February 2024 in Abu Dhabi. |
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| Kuwait urges Iran to cooperate with the IAEA
The State of Kuwait has called on Iran to pursue cooperation with the International Atomic Energy Agency (IAEA) and fully adhere to the Joint Comprehensive Plan of Action (JCPOA) set according to the United Nations Security Council Resolution 2231. |
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| Careem to implement AI in secure manner in KSA
RIYADH: Careem is set to implement artificial intelligence technology in a secure manner to personalize user experience in Saudi Arabia, a top official told Arab News. |
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| Saudi Arabia’s inflation slightly eases to 1.6% in October
RIYADH: Saudi Arabia’s consumer price index fell to 1.6 percent in October from 1.7 percent in September, official data showed. |
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| Saudi Arabia in its way to lead cybersecurity landscape
RIYADH: Saudi Arabia is making “leaps” across several global indices to position itself as a frontrunner in technology and cybersecurity on the global and regional level, a top Cisco official said. |
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| Trend Micro and Alibaba Cloud launch service to boost cybersecurity effectiveness and risk mitigation
RIYADH: Cybersecurity effectiveness in Saudi Arabia is set to be enhanced thanks to an initiative launched by Trend Micro and Alibaba Cloud. |
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| DP World Australia’s port operations hit by cyber attack
Global ports operator DP World Australia has restricted access to its ports as it works to contain a cyber security incident that is likely to disrupt the movement of goods for days. |
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| Thales vows to hire more Saudis as it announces new regional CEO
French aerospace and defense firm Thales has appointed Bernard Roux as its new CEO for Saudi Arabia and Central Asia as the company vowed to increase its number of workers from the Kingdom. |
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| New Saudi platform to promote cultural exchange
Saudi Arabia’s Ministry of Culture recently launched the Culture Hub online platform, offering a comprehensive database of the Saudi cultural sector, including assets, infrastructure, institutions, artifacts and achievements. |
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| Property sales drop, 50,000 flats vacant amid expat layoffs
The value of real estate sales in Kuwait declined during the third quarter of 2023 to KD 800 million, the lowest levels recorded since the third quarter of 2020. This decline followed the government’s termination of contracts of 6,200 expatriates working in the government sector during the last fiscal year, as per recent official statistics issued by the Civil Service Commission. |
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| Saudi minister of human resources: Kingdom’s role pivotal in supporting G20 approach to labor and employment
Saudi Minister of Human Resources and Social Development Ahmed bin Sulaiman Al-Rajhi has stressed the importance of the Kingdom’s role in the G20 in boosting multilateral cooperation to build strong global economies. |
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| Kuwait, France discuss military cooperation
Deputy Prime Minister and Minister of Defense Sheikh Ahmad Fahad Al-Ahmad Al-Sabah on Saturday held talks with his visiting French counterpart Sebastien Lecornu on means of beefing up cooperation and relations between the two friendly countries. |
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| Kuwait appoints Fahd Al-Jarallah as finance minister - KUNA
Kuwait on Sunday appointed Fahd Abdulaziz al-Jarallah as finance minister, the state news agency said. |
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| Kuwait Office for Charity Projects strengthens ties
Kuwait Office for Charity Projects in Cairo continued to strengthen the bilateral relations between Kuwait and Egypt over the course of 36 years in the fields of charitable and humanitarian work. |
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| Saudi Arabia’s Finance Minister Mohammed Al-Jadaan met with his Singaporean counterpart Lawrence Wong, during a visit to Singapore, the Saudi Press Agency reported on Friday.
Saudi Arabia’s Finance Minister Mohammed Al-Jadaan met with his Singaporean counterpart Lawrence Wong, during a visit to Singapore, the Saudi Press Agency reported on Friday. |
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| Saudi Arabia ‘appreciates’ BRICS invitation: FM
Saudi Arabia appreciates an invitation by BRICS to join the group and would study the details before the proposed Jan. 1 joining date, the Kingdom’s foreign minister said on Thursday. |
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| Cruise Saudi teams up with Columbia blue to elevate AROYA Cruises offering
Cruise Saudi, a wholly-owned venture of the Public Investment Fund, has unveiled a strategic partnership with the leisure services platform, Columbia blue, for the development of its much-anticipated premium cruise line, AROYA Cruises. |
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| EDB signs deal to finance SMEs
Emirates Development Bank (EDB) has inked a Memorandum of Understanding to create supply chain finance and working capital solutions for SMEs in collaboration with Trade Capital Partners (TCP). |