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Saudi Arabia’s Vision Fund is set to make an investment in a local messaging startup, representing the fund’s first investment in a local company, Arab News reports. Without giving more details the fund CEO Rajeev Misra told the media that Read more
Saudi Arabia will Thursday launch in Geneva the “Riyadh Initiative” aimed at establishing a global network of operations to exchange information between anti-corruption agencies, Arab News reports. The initiative aims at developing a rapid and effective tool to combat cross-border Read more
Saudi Arabia will “very soon” open its borders for foreign tourists as the kingdom sets conditions to enter the country. The kingdom on Sunday indicated that non-citizens arriving from certain countries and who were fully vaccinated against or recently recovered Read more
Saudi hypermarket chain Bindawood Superstores would open ten 10 superstores in capital Riyadh in next five years, as part of its expansion plan inside the kingdom, Zawya reports citing the company. The company made the announcement in a stock exchange Read more
Qatar’s Emir Sheikh Tamim bin Hamad Al Thani is expected in Saudi Arabia today for an official visit at the invitation of the ruler of the regional power King Salman, the first such visit since January when Qatar reunited with Read more
Saudi food giant Almarai is on the verge of investing $1.8 billion as part of its expansion plan in view of doubling its market share in the sector, Zawya reports. The company, media notes, indicated that the plan will be Read more
Qatar will host in the December this year FIFA Arab Cup, a tournament grouping Arab countries in the Middle East and North Africa, in preparation for the FIFA World Cup which the country is set to stage next year. The Read more
Qatar’s national carrier, Qatar Airways, has said it would resume flying to Sudan’s capital of Khartoum on May 11 two years after suspending the route due to sea/air/land blockade imposed by its neighbors. “Sudan is a strategically important market for Read more
Saudi Arabia has released a list of 20 countries including Germany and the U.S whose citizens will be banned from traveling to the kingdom which is set to be re-opened for international flights from May 17. The kingdom’s national carrier, Read more
Emaar Entertainment UAE, a subsidiary of Dubai-listed developer Emaar Properties has confirmed it will operate cinemas in the kingdom of Saudi Arabia from December this year. In a Monday statement, the company said the Saudi regulatory body, the General Authority Read more