Government | Wednesday 18 October, 2017 7:01 am

King Salman Complex for Prophet’s Tradition to be set up in Madinah

Custodian of the Two Holy Mosques King Salman issued on Tuesday an order to set up a complex named after him for the Tradition of the Prophet (peace be upon him). The King Salman Complex for the Prophet’s Tradition will be based in Madinah, the Saudi Press Agency reported quoting the...

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Government | Tuesday 17 October, 2017 12:36 am

Saudi Recycling Company in the offing

The Public Investment Fund (PIF) is planning to establish the Saudi Recycling Company, a new waste management government enterprise, aiming to support and operate the PIF’s investments in domestic recycling sector projects, it was announced here on Monday. Aligned with the...

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Government | Wednesday 11 October, 2017 7:20 am

Madinah governor inaugurates anti-drugs youth forum

Madinah Gov. Prince Faisal bin Salman on Monday inaugurated a nine-day youth forum on narcotics control. The director general of drug control in the Kingdom, Maj. Gen. Ahmad Saadi Al-Zahrani, and representatives from government and non-governmental religious, cultural and social bodies...

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Government | Tuesday 10 October, 2017 6:26 am

Public Investment Fund Launches 'Fund of Funds'

The Public Investment Fund (PIF) has announced the establishment of the Fund of Funds, a new investment vehicle designed to provide small and medium-sized enterprises (SMEs) with access to capital by investing in venture capital and private equity funds targeting the SME sector. The Fund of Funds...

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Government | Monday 9 October, 2017 4:11 am

King Salman arrives in Riyadh after a fruitful 4-day Russia state visit

King Salman returned to Riyadh on Sunday after a four-day historic state visit to Russia, which had seen Saudi-Russian ties reaching new heights. The king arrived at the King Salman Airbase in Riyadh on Sunday night and was welcomed by key officials and dignitaries, including Prince Muqrin bin...

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Government | Saturday 7 October, 2017 4:26 am

MOU for scientific, geological cooperation signed

A Memorandum of Understanding (MOU) was signed Friday between the Geological Survey of Saudi Arabia and the Russian Geological Corporation aiming to develop cooperation between the two countries in the scientific and geological field on the basis of equality and mutual benefit, Saudi Press Agency...

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Government | Saturday 7 October, 2017 2:00 am

KSA-Russia ties set for wider horizons

Custodian of the Two Holy Mosques King Salman held wide ranging talks with Russian Prime Minister Dmitry Medvedev in Moscow on Friday. Speaking on the occasion, King Salman and Medvedev reiterated that their countries are determined to push their bilateral relations to much wider...

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Government | Friday 6 October, 2017 4:16 am

Makkah-Madinah high speed rail just months away from becoming operational

Field work on the Haramain Express Train, which connects the holy cities of Makkah and Madinah, is done and the entire project will be fully completed before the yearend, the Makkah Region Development Authority (MRDA) has said. In a statement reported by Al-Hayat newspaper on Thursday, the...

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Government | Friday 6 October, 2017 4:05 am

King, Putin oversee signing of landmark agreements

Saudi Arabia and Russia on Thursday signed several agreements, memoranda of understanding (MoU), and cooperation programs. The signing ceremony was held at Kremlin Palace in the presence of Custodian of the Two Holy Mosques King Salman and Russian President Vladimir Putin. Also, Putin held a...

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Government | Thursday 5 October, 2017 7:26 am

Saudi Citizens Account program expanded to include students and 24-year-olds at home

The Saudi Citizens Account program has announced that 24-year-olds still living at home will be able to hold their own account, independent of their parents – according to Sabq. The cash transfer scheme, which was set up to protect Saudi families from the impact – both direct and...

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