RIYADH: Saudi Arabia’s crude production reached a seven-month high of 9.01 million barrels per day in February, data from the Joint Organizations Data Initiative showed. This represented a rise of 55,000 bpd or 0.61 percent compared to the previous month. Furthermore, the data indicated that the Kingdom’s crude exports rose to 6.32 million bpd, reflecting … Read more
RIYADH: Carbon markets are set to play a pivotal role in achieving climate goals, with efforts from Saudi Arabia and the UAE, paving the way for a smooth energy transition. According to a new report from the International Energy Forum, carbon markets are capable of effectively lowering the costs associated with greenhouse gas removal by … Read more
RIYADH: The latest edition of a framework designed to enhance e-government services and accelerate digital innovation in Saudi Arabia has been launched. The Digital Transformation Index for 2024 seeks to elevate the commitment levels of the public sector to decisions and directives concerning technological evolution. Additionally, it aims to improve the quality of e-government services … Read more
Kerten Hospitality, in partnership with developers RIKAZ and RAFAL and with the support of the Ministry of Tourism, unveiled a ground-breaking project in the heart of Riyadh — The House Urban Eco Resort. This unique resort is set to redefine urban eco-living, blending leisure, wellness, and business within a sustainable and luxurious environment. Kerten Hospitality … Read more
SAO PAULO: The LIDE business group, leading a Brazilian private sector delegation, has signed a memorandum of understanding with the UAE International Investors Council to combine efforts to boost investments in both countries. LIDE UAE President Rodrigo Paiva and UAEIIC Chairman Mohamed Al-Rais signed the MoU at the Brazil Emirates Conference, which gathered businesspeople and … Read more
RIYADH: Attorney General Saud bin Abdullah Al-Mujab welcomed his Yemeni counterpart, Judge Qaher Mustafa Ali, before the two signed a Memorandum of Understanding to bolster judicial cooperation between their countries. The signing, at the Public Prosecution headquarters in Riyadh on Monday, affirmed a joint Saudi-Yemeni commitment to justice and crime prevention.
JEDDAH: Multinational technology company Siemens unveiled its new electrical equipment factory in Jeddah in the presence of the Kingdom’s Minister of Industry and Mineral Resources Bandar Alkhorayef. In partnership with its Saudi partner, Arabia Electric Ltd Equipment Co, the firm inaugurated the facility on Feb. 29 at the Modon Oasis in Jeddah. The 6,000 sq. m factory produces electrical equipment such … Read more
RIYADH: The Saudi capital finds itself in global competition with cities like New York and Tokyo for a skilled workforce, according to its mayor. With a population exceeding 7 million, the city is experiencing an ongoing transformation as it becomes a hub for attracting talent and boosting entrepreneurship. In an interview with Arab News at … Read more
Ali Al-Hazmi was elected to the board of directors of the Saudi Journalists Association on Jan. 28. The Saudi Journalists Association, established in 2003, is a licensed civil society body and serves as an umbrella entity for the nation’s media professionals. Al-Hazmi has extensive experience in electronic journalism, media tracks, Saudi journalism, media technologies, and … Read more
RIYADH: A diverse array of cutting-edge defense assets is expected to arrive in Saudi Arabia as the World Defense Show 2024, scheduled for Feb. 4-8, draws near. Under the patronage of King Salman, this event promises to showcase military technology, featuring air and land assets, according to a press note. On the air front, attendees … Read more