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King Mohammed VI of Morocco has addressed a speech to the Extraordinary Arab-Islamic Summit, held in Riyadh, on Saturday. Here is the full text of the Royal Speech that was read out by Head of Government, Aziz Akhannouch: “Praise Read more
Saudi Arabia has decided to postpone to a later date the Arab-African summit initially scheduled to take place on Saturday Nov.11 in capital Riyadh. The postponement of the Arab-African summit was announced in an official letter addressed by the Saudi Read more
Morocco’s Minister of Foreign Affairs Nasser Bourita said on Sunday that Syria’s readmittance into the Arab League must be a launchpoint for a political process to find a “comprehensive and long-lasting” resolution to the country’s crisis. The statement came during Read more
The Industrial Engineering Company for Construction and Development (ICON), a public company based in the Egyptian capital of Cairo has announced establishing a new subsidiary in Saudi Arabia with $1.5 million issued capital. The new company will manufacture, deliver, and Read more
The Moroccan national mountain bike team won three gold medals on Sunday in the first day of the cross-country competitions of the second Arab combined championship, held in Sharjah, United Arab Emirates, from December 18 to 27, with the participation Read more
The Saudi Exchange introduced this Sunday July 17 the TASI Islamic Index, its first Shariah Compliant Index, to track the performance of the Shariah compliant companies listed on the Saudi Exchange under the supervision of an independent Shariah Advisory Committee Read more
Saudi Arabia announced on Friday it will open its airspace “for all air carriers that meet requirements of the authority for overflying.” The decision was taken “to complement the efforts aimed at consolidating the Kingdom’s position as a global hub Read more
The Dubai government has approved $11.98 million worth of new social benefits for Emiratis with disabilities in the emirate, state-run agency WAM reports. The benefits will be available for those under 60, who have physical or mental impairments and require Read more
The Saudi monarch King Salman issued a royal order approving an allocation of $5.32 billion (SR20 billion) to help citizens mitigate the impacts of rising global prices, Half of the allocated money will go to social insurance beneficiaries and the Read more
The Public Investment Fund (PIF), the sovereign wealth fund of the kingdom of Saudi Arabia has launched AviLease, an aircraft leasing company that will provide leasing, trading and asset management services. The fund in a statement said AviLease will initially Read more