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Saudi Arabia Sunday announced plans to create 40,000 jobs for nationals as part of a national plan to generate more than 203,000 jobs this year. The jobs will be in legal advice, law firms, customs clearance, real estate, the cinema Read more
Kuwait, a major OPEC member, has cancelled two gas projects due to a Coronavirus-induced policy to trim capital expenditure in the hydrocarbon industry, reports say. Kuwait Oil Company (KOC), state company and owner of the projects, decided to abolish the Read more
World’s leading shipping company, Maersk will set up an integrated logistical hub at King Abdullah Port to provide comprehensive logistics services for petrochemical exporters, the company said in a statement, Arab News reports. The hub, a non-bonded warehouse, aims to Read more
Saudi Arabia will soon start producing animal vaccine as veterinary services company MAS inked a deal with Argentine biotechnology company Biogenesis Bago to set up the country’s first animal vaccine manufacturing plant with investments worth $60 million, reports say. The Read more
Saudi Arabia Sunday freed two women rights activists arrested back in 2018 after challenging the kingdom’s tight control of women including guardianship system and ban on women rights to drive. Samar Badawi and Nassima al-Sadah, London-based right group “Prisoners of Read more
Saudi Arabia is mulling plans to develop an industrial plan in Oman as part of the kingdom’s investment projects in the sultanate. The plans for the future industrial zone, state-run news agency SPA notes, emerged from the framework of a Read more
The kingdom of the Saudi Arabia is mulling plans to build a second airport in capital Riyadh as part of the drive to lure tourists, Bloomberg reports citing people knowledgeable of the matter. The future project in planning stage is Read more
Abu Dhabi emirate said it will resume welcoming cruise liners from September 1st after months of the suspension owing to the pandemic. The Department of Culture and Tourism of the emirate, DCT, Arab News notes, indicated that it is in Read more
Qatar’s foreign minister Sheikh Mohammed bin Abdulrahman Al-Thani welcomed Monday Saudi Arabia’s new ambassador in a sign of full flesh diplomatic détente between the two countries, following early this year agreement to end years-long strained relations. Sheikh Mohammed assured Prince Read more
The kingdom of Saudi Arabia will combine two state-run pension and unemployment insurance funds into an entity with almost $29bn, Bloomberg reports. The kingdom’s cabinet has reportedly approved the merger of the Public Pension Agency and the General Organization of Read more