The Sports Boulevard has launched the ‘Walking Track’ initiative at Al-Nakheel Mall in Riyadh, encouraging residents and visitors of the Saudi capital to engage in physical exercise. The length of the walking track inside the mall is 506 meters, equivalent to approximately 750 steps.
BEIJING: China’s manufacturing activity expanded at the fastest pace in 13 months in March, with business confidence hitting an 11-month high, driven by growing new orders from customers at home and abroad, a private survey showed on Monday, according to Reuters. The Caixin/S&P Global manufacturing PMI rose to 51.1 in March from 50.9 the previous … Read more
DUBAI: Israeli forces have been accused of intentionally, and without provocation, attacking a Doctors Without Borders aid shelter housing 64 people in Al-Mawasi, Gaza, on Feb. 20 killing two relatives of a staff member and injuring seven others. The attack came despite Israeli forces being informed of the precise location of the shelter, Doctors Without … Read more
Saudi Haramain High Speed Railway gears up to transport 1.3m Umrah pilgrims during Ramadan RIYADH: The Haramain High Speed Railway has announced plans to operate more than 2,700 trips while providing seating capacity exceeding 1.3 million passengers to meet the increasing demand for transportation between Makkah and Madinah during Ramadan. Saudi Arabia Railways, in coordination … Read more
RIYADH: A new premium residency visa has spurred home-ownership demand among Saudi-based expats, with 77 percent now looking to buy a property, a survey has revealed. Global property consultancy Knight Frank surveyed 241 expatriates in Saudi Arabia, and discovered the primary motivation for real estate purchasing in the Kingdom, especially among millennials, is its perceived status … Read more
RIYADH: Saudi Arabia’s Tadawul All Share Index rose to gain 5.38 points, or 0.04 percent, to close Thursday’s trading session at 12,728.53. The total trading turnover of the benchmark index was SR14.36 billion ($3.89 billion) as 126 stocks advanced, while 93 retreated. The Kingdom’s parallel market, Nomu, rose 308.5 points, or 1.16 percent, to close … Read more
RIYADH: Transport, tourism and logistics are set to help the Gulf Cooperation Council region secure gross domestic product growth far above the lobal average, economists have told Arab News. Experts believe that a focus on non-oil trade by GCC governments is helping countries display economic resilience in the face of global disruptions, such as the conflict … Read more
YEMEN: The UK Maritime Trade Operations authority on Wednesday reported “irregular activity” in the Red Sea near Yemen, and urged vessels to exercise “caution” when passing through the area. The UKMTO, which is part of the British Royal Navy, stated on its website that a merchant vessel was hailed on maritime VHF radio for about … Read more
CAIRO: Startup momentum in the Middle East and North Africa region is on the rise, with the eagerly awaited technology event LEAP24 just around the corner. Regional venture capitals have replenished their funds and burgeoning enterprises have secured financing – preparing Riyadh’s ecosystem for a significant entrepreneurial uplift from March 4 to 7. US-based … Read more
FII Priority: Leaders in Miami and the Kingdom are fostering environments for growth and talent MIAMI: Leaders in Saudi Arabia and Miami share common ground in their efforts to foster environments conducive to growth and talent, experts highlighted at the FII Priority conference in Miami on Friday. Over the past few years, both have prioritized … Read more