Dammam Airports Co. (DACO) stated that King Fahd International Airport (KFIA) received 250,000 passengers on Dhul-Hijjah 1-8, an increase of nearly 11% compared to the same period last year, Saudi Press Agency reported. The company added this was via more than 2,000 flights, a rise ...
The Ejar program said it seeks to add packages of services that will actively achieve higher transparency in the real estate market, Al Eqtisadiah newspaper reported. These services include assessing the rental behavior and determining the appropriate rents, when the residential...
Crown Prince Mohammed bin Salman said Saudi Arabia, through " THE LINE" project, seeks to create new civilization for tomorrow, and encourages other countries to keep with the same thing. In a documentary on Discovery Channel, the Crown Prince noted that THE LINE is the first of its...
Global oil market fundamentals are expected to remain sound for the rest of the year, underpinned by healthy demand in developing countries, especially in China and India, Saudi Aramco CEO and President Amin Nasser said. On Aramco’s strategy in Asia, Nasser said: “We are...
The Organization of the Petroleum Exporting Countries (OPEC) expects global oil demand to rise to 110 million barrels per day (bpd) by 2045 and oil to account for nearly 29% of the energy mix by then. "The world cannot do without oil in the foreseeable future," OPEC Secretary...
King Salman bin Abdulaziz Al Saud, the Custodian of the Two Holy Mosques, has issued an order to host 1,000 pilgrims from Saudi families of martyrs who participated in the Determination Storm Operation, as well as 1,000 pilgrims from the families of martyrs from the Yemeni forces. This initiative...
Hajj season for 1444 AH starts today, June 26, coinciding with the Day of Tarwiyah (Dhul Hijjah 8). Pilgrims go to Mina, where they will perform the five daily prayers and spend the night. Saudi Arabia decided to raise the number of pilgrims to more than two million this year, 90% of whom ...
King Salman Energy City (SPARK) signed a concession agreement with Hutchison Ports Co. to manage and operate the dry port and logistics zone in SPARK, the largest global center for power plants spanning 50 square kilometers in the Eastern Province. The agreement grants the concession right to...
Saudi Arabia’s General Authority of Civil Aviation (GACA) submitted the draft economic regulation of airports on the public consultation platform “Istitlaa”, seeking opinions between June 22 and July 20, 2023. The regulation aims to enhance competitiveness,...