Business & Money | Tuesday 6 July, 2021 12:31 am

Saudi issues new customs rules to boost local, GCC production

Saudi Arabia has approved the national rules of origin which aim to promote local content, Finance Minister Mohamed Al-Jadaan said on Twitter. It means that products which are not made in a GCC country will be considered foreign goods by customs. The decision was approved after...

More Details

Environment & Energy | Tuesday 6 July, 2021 12:29 am

New discovery shines light on Saudi Arabia’s ancient marine environment

The discovery of the fossilized remains of an ancient whale that went extinct 37 million years ago in Saudi Arabia’s Jouf region has revealed secrets about the Kingdom’s geology and ancient marine environments. The findings, made public on June 29, include a graveyard of fossilized...

More Details

Technology & IT | Tuesday 6 July, 2021 12:24 am

Ericsson Mobility Report: GCC is forecast to have 62 million 5G mobile subscriptions by the end of 2026

Ericsson (NASDAQ: ERIC) projects that there will be 62 million 5G mobile subscriptions in the Gulf Cooperation Council (GCC)  by 2026. GCC 5G subscriptions will account for the second highest 5G market penetration globally and will constitute almost three quarters of all mobile subscriptions...

More Details

Cars & Autos | Tuesday 6 July, 2021 12:17 am

New Abarth 695 Esseesse: top performance, acceleration and handling for the Scorpion brand’s new “Collectors’ Edition”

The Scorpio brand returns to make the hearts of the Abarthisti fandom flutter with a new “Collectors’ Edition”: the Abarth 695 Esseesse, a name that has its roots in the brand’s history, referring directly to its early days when the 1960s tuning kits made a fortune for Carlo Abarth,...

More Details

Business & Money | Tuesday 6 July, 2021 12:12 am

Search, Book, Go! Huawei’s Petal Search and Wego collaborate on a one-app travel experience

Huawei’s Petal Search, the easy-to-use application and search engine pre-installed on Huawei smartphones, has inked a partnership on 01 July 2021 with Wego, a leading travel marketplace in the MENA and APAC regions. With this, Huawei device users will see best deals and instant booking...

More Details

Sports | Monday 5 July, 2021 5:49 am

Ministry of Sports launches Fakhr Program Initiative

The Ministry of Sports announced Sunday the launch of the Fakhr Program Initiative, which is organized by the Saudi Arabian Paralympic Committee and falls under the Quality of Life Program, and aims at achieving the goals of the Kingdom's Vision 2030. The idea of Fakhr Program initiative is...

More Details

Cars & Autos | Monday 5 July, 2021 4:44 am

Kia appoints National Marketing Company (NMC) as a second distributor in Saudi Arabia

Kia has newly appointed the National Marketing Company (NMC) as its second distributor in Saudi Arabia, with the official inauguration taking place on the first of July. NMC joins Kia’s regional distributors to represent the Korean auto-manufacturer and will lead on sales in 7 out of the...

More Details

Business & Money | Monday 5 July, 2021 3:40 am

SAMI Achieves AS9100 Certification for Excellence in Quality Management

In recognition of its compliance with the quality management systems requirements for aviation, space, and defense, Saudi Arabian Military Industries (SAMI), a wholly-owned subsidiary of the Public Investment Fund (PIF), has been awarded the prestigious AS9100 certification. With this...

More Details

Business & Money | Monday 5 July, 2021 3:32 am

Green finance surges in MENA region in first half of 2021, exceeding global growth rates

Green and sustainability-linked debt issuance in the MENA region reached $6.4 billion in the first half of 2021, already exceeding the total for the whole of last year, according to Bloomberg’s H1 2021 Capital Markets League Tables. H1 2021 green and sustainability-linked debt issuances in...

More Details

Cars & Autos | Monday 5 July, 2021 12:44 am

Abdul Latif Jameel Motors unleashes new generation 2022 Toyota Land Cruiser in Saudi Arabia

 Reinforcing the legendary status of one of Saudi Arabia’s best-loved vehicles, Abdul Latif Jameel Motors, the authorized distributor of Toyota in the Kingdom of Saudi Arabia, has today launched the eagerly-awaited new generation of the iconic Land Cruiser in Saudi Arabia. The all-new Land...

More Details