Commerce Minister meets regional chamber heads to set 2024 priorities
Minister of Commerce Dr. Majid Al Qasabi met with the heads of commercial chambers from all regions of the Kingdom to discuss their priorities for the year 2024, based on the competitive advantages of each region. During a workshop organized by the Ministry, Al Qasabi emphasized the importance of synergy between the trade ecosystem and […]
Saudi Arabia, Japan seek stable global oil markets, energy supply
Saudi Arabia and Japan underlined the need to support stable global oil markets and secure stable global energy supply by promoting dialogue between oil producers and consumers. This was stated by Saudi Energy Minister Prince Abdulaziz bin Salman and Japan’s Minister of Economy, Trade and Industry Ken Saito during the 2nd KSA-Japan Energy Dialogue in Riyadh on […]
Saudi Arabia welcomes UN envoy’s statement regarding road map for peace in Yemen
Saudi Arabia welcomed on Sunday the statement, issued by the Special Envoy of the United Nations Secretary General for Yemen, with regard to reaching a road map to support the peace path in the country. In a statement, the Saudi Ministry of Foreign Affairs reiterated the Kingdom’s continued support for Yemen and its people. The ministry […]
Mudad: All services of employer will be stopped in the event of three-month salary delay
The Ministry of Human Resources and Social Development (MHRSD) revealed that all the services of the employer will be stopped and the employee will be allowed to transfer service to another employer without his consent in the event of the delay in disbursing salaries for three consecutive months. This penalty will be enforced even if the […]
Saudi Arabia, South Korea sign MoU to combat cross-border crimes related to corruption
President of the Saudi Oversight and Anti-Corruption Authority (Nazaha) Mazin Al-Kahmous and South Korea’s Prosecutor General Lee One-seok signed a memorandum of understanding (MoU) for cooperation in combating cross-border crimes related to corruption, in a ceremony held in Riyadh on Sunday. The MoU also aims to develop and strengthen institutional capacity of both sides in […]
LuLu spotlights journey to 100 stores milestone at Saudi Retail Forum
The rapidly growing LuLu Saudi Hypermarkets group reiterated its ambitious growth strategy at the Saudi Retail Forum, winning two prestigious awards too. Shehim Mohammed, director of LuLu Saudi Hypermarkets, emphasized the statement of Yusuffali M.A., group’s chairman and managing director, that the group will be targeting an expansion to 100 stores over the coming year. […]
Aljabr Trading Company becomes the first partner of SAR in transporting vehicles via trains
In a move that reflects Aljabr Trading Company’s strategy of building exceptional partnerships to enhance the quality of services provided to its customers, as well as its positive response and utilization of the immense national projects resulting from Vision 2030, the company recently signed a strategic partnership agreement with the Saudi Arabia Railways (SAR). This […]
KPMG and Microsoft unveil Center for Emerging Technologies to help accelerate digital transformation in Saudi Arabia
KPMG, a leading provider of audit, tax, and advisory services in Saudi Arabia, and global software giant Microsoft launched the Center for Emerging Technologies (CET) during a gathering of industry-leading futurists and technology experts held in Riyadh on 18 December 2023. The launch of the CET marks an expansion of KPMG and Microsoft’s global alliance […]
Saudi defense minister meets with French industrial leaders
Saudi Minister of Defense Prince Khalid Bin Salman convened a meeting in Paris on Wednesday with leaders of major French industrial companies, during his official visit to France. The meeting focused on exploring promising opportunities for cooperation in the field of military industries, research and development, and the transfer and localization of technology. Attendees included […]
Saudi Arabia explores 1,200 sites for solar projects, embraces AI for energy sector efficiency
Energy Minister, Prince Abdulaziz Bin Salman has revealed that there are currently 1,200 sites across various regions of the Kingdom being studied to determine the most suitable locations for solar energy projects. During a session titled ‘The Role of Innovation and Digital Transformation in Enhancing Efficiency in the Energy Sector Towards a Sustainable Future’ at […]