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Six people were killed on Wednesday in a gunfire battle that opposed two families in the southern part of Saudi Arabia. “Security authorities received a report of shooting between a number of people in Al-Amoah province,” the official SPA news Read more
Saudi Arabia has announced resumption of domestic air traffic for May 31 as the Gulf country is set to ease gradually lockdown measures by the end of this month. Six daily flights will resume in the first phase, state-run SPA Read more
Saudi Arabia’s Agricultural and Livestock Investment Company, Salic, has acquired 29.81 per cent of Daawat Foods Ltd (DFL) from the India Agri Business Fund. The acquisition is in line with the Saudi investment company’s strategy to invest in rice, the Read more
The family of prominent Saudi journalist Jamal Khashoggi killed in the kingdom’s consulate in Istanbul in 2018 said they have forgiven murderers of their father, Anadolu News agency reports. “On this blessed night of the blessed month (of #Ramadan), we Read more
The Pentagon said Wednesday it has awarded Boeing two contracts worth $2 billion to manufacture over 1,000 missiles for Saudi Arabia. Boeing, under the first contact worth $1.97 billion, will produce 650 air-to-surface missiles with a range of about 290km. Read more
Saudi finance ministry announced Monday the kingdom the value added tax (VAT) rate will increase from 5 % to 15 % from July 1 as part of austerity measures taken to prop up the economy hit by the impacts of Read more
ACCIONA, a Spanish and world leading infrastructure developer and manager, has been awarded the contact for the construction of Saudi Arabia’s fourth desalination plant estimated at $500 million. The Spanish giant will carry out the project with its Saudi partner Read more
State-run Saudi Telecom Com (STC), the kingdom’s largest telecom company, Tuesday said its planned $2.4-billion deal to acquire 55 per cent of Vodafone Egypt has been postponed for at least three months owing the Coronavirus pandemic. STC in a statement Read more
Turkey’s prosecutors Wednesday sought aggravated life sentences for 18 accused in the 2018 killing of journalist Jamal Khashoggi in the Saudi consulate in the city of Istanbul, Turkish news agency Anadolu reports. The Istanbul Chief Prosecutor Office, the agency said, Read more
The kingdom’s leading company Aramco has signed a sponsorship deal with car racing Formula 1 as both pledged to “combine their shared expertise to identify opportunities for the advancement of sustainable fuels, enhanced engine efficiencies and emerging mobility technology”. The Read more