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Saudi Arabia

FlexxPay raises $3m in pre-series A round to enhance technology platform

FlexxPay is currently available in the UAE and Saudi Arabia, and will be launched in Bahrain next month

SAUDI-HEALTH-VIRUS

Saudi extends Covid-19 restrictions; gyms, cinemas to remain closed for another 20 days

The restrictions were initially put in place on February 4 for a period of 10 days

Saudi forces destroy another armed drone launched towards Abha airport

An attack at Abha International Airport on Wednesday, February 10, resulted in a civilian plane catching fire

AlUla agreement: What does resetting ties with Qatar mean for the GCC region?

The resumption of ties with Qatar by Saudi Arabia, the UAE, Bahrain and Egypt will boost the regional economy with certain sectors set to witness a significant impact

Aerial View of Coral Bloom Concept

In pics: Saudi’s Red Sea project unveils ‘Coral Bloom’ design for gateway island

Upon completion in 2030, the Red Sea project will comprise 50 resorts, offering up to 8,000 hotel rooms

Abha International Airport Saudi Arabia

Saudi Arabia’s Abha airport attacked; civilian plane catches fire

The Saudi-led coalition blamed the Houthis for the attack

Saudi economy grew 2.8% in fourth quarter as Covid impact eased

Saudi Arabia was hit hard last year as a drop in crude prices decimated government revenue while measures to stop the spread of the coronavirus limited economic activity

Saudi Arabia seeks to end arbitrary justice to win investors

Some of the changes will aid women in particular

SEHA Abu Dhabi

Abu Dhabi’s SEHA partners with King Fahad Specialist Hospital in Saudi Arabia

The two entities will cooperate on several areas including stem cell transplantation

NEOM Saudi Arabia

How Saudi Arabia’s NEOM is using sports to define its future

Last year, NEOM signed a long-term sponsorship agreement to become the principal partner of the Mercedes-Benz EQ Formula E team

Saudi Arabia, Philips partner to advance AI in healthcare

SDAIA and Philips to set up AI Knowledge Hub to boost AI talent

Saudi forces destroy four armed drones launched from Yemen targeting ‘civilians’

The four ‘bomb laden’ UAVs were launched towards the southern region of the kingdom on Sunday

Saudi police nab man who stole SAR25,5000 from a bank using ‘fake’ gun

The perpetrator allegedly stole the amount after threatening a bank employee that he would harm a customer with a gun

In pictures: Landmarks across UAE, region turn red for Hope Probe’s imminent arrival to Mars

The UAE is poised to become only the 5th country ever to enter Mars’ orbit

Saudi Arabia suspends events, weddings; shuts down malls, restaurants, gyms

Restrictions are effective February 4, 10pm onwards

Saudi Arabia

Covid-19: Saudi Arabia bans entry from 20 countries including UAE, UK and India

The temporary entry ban will go into effect from Wednesday, February 3, at 9pm

Saudi’s Public Investment Fund to set up airline company – reports

The company will operate international and domestic flights

Cloud-kitchen and store-front operator Kitch launches in Saudi and UAE

Kitch launches with privately raised capital of $15m

Saudi tech startup Foodics raises $20m in Series B funding

The funding will enable the startup to grow its share in existing markets, ramp up international expansion, as well as expand its fintech offering

Half of all Saudi, UAE gamers spent more time playing during lockdowns: study

Pandemic-accelerated gaming to continue post Covid-19 lockdowns in UAE and Saudi

Saudi chemical giant SABIC sees vaccinations boosting income

SABIC earned net income of SAR40m in 2020, down sharply from SAR5.2bn in 2019

Saudi Arabia to start tracking tourism’s contribution to economy

The Tourism Establishment Survey will provide data on the industry, including the size of the workforce, pay and revenue and expenditure

SAUDI-HEALTH-VIRUS-TRAVEL

Saudi extends border closures, travel ban for citizens until May

The extension from the scheduled date of March 31 is due to vaccine delivery delays, officials said

Saudi Arabia aims to become next Germany of renewable energy

The kingdom is working with many countries on green and blue hydrogen projects

Saudi arrests businessmen, bank employees in $3.1bn corruption scheme

Those arrested were allegedly involved in a scheme that transferred more than SAR11.5bn outside the country

Saudi Arabia won’t erase budget deficit by 2024, says Goldman

Saudi Arabia said it would cut spending 7.3 per cent in 2021 to SAR990bn

Twitch: 4.4 million GCC gaming fans watched Arabic channels in 2020

Number of streams in Arabic increased by 221% from February to May peak

Saudi Arabia returns to dollar-debt market to boost finances

The price of Brent crude is still below what most of the region’s economies need to balance their budgets

Two loud booms heard in Saudi capital Riyadh – witnesses

The kingdom had intercepted a hostile air target aimed at the city on Saturday

Saudi Arabia replaces central bank governor

Ahmed Alkholifey is being replaced by Fahad Al-Mubarak, who was central bank governor from 2011 to 2016