Tag: saudi

Saudi Arabia’s Heritage Commission has wrapped up its second archaeological season at Ra’s Qurayyah Port in Al-Ahsa, Eastern Province, uncovering 147 architectural units, including large courtyards and ancient wells, according to Arab News. Located 26 kilometers northwest of Al-Uqair Port, the site unveiled fundamental finds—including an Abbasid dirham minted in 765 AD...

Saudi Arabia’s capital markets regulator has opened a public consultation on proposed rules governing real estate ownership by listed companies, investment funds and special purpose entities, including properties located in the holy cities of Makkah and Madinah. The Capital Market Authority invited relevant and interested participants in the capital market to submit feedback on the

Saudi Arabia has begun construction works on the third runway at King Salman International Airport, marking a major milestone in the expansion of Riyadh’s future aviation hub and strengthening the airport’s readiness to support long-term growth in air traffic demand. King Salman International Airport, a Public Investment Fund company, said the third runway is a

Saudi Crown Prince and Russian President Saudi Arabia and Russia on Monday signed a landmark mutual visa exemption agreement for citizens of both countries, according to Gulf News. The two countries finalized the deal in Riyadh during the Saudi–Russian Investment and Business Forum, that brough together Prince Abdulaziz bin Salman, Minister of Energy and Head

Saudi Aramco, one of the world’s leading integrated energy and chemicals companies, has partnered with Pasqal, a global pioneer in neutral-atom quantum computing, to deploy the first quantum computer in the Kingdom—and the Middle East’s first system dedicated to industrial applications. In a recent press release...

‎ Saudi Fisheries' Chairman Abdulaziz Al-Humaid earlier undertook to retain his 25% stake for a one-year period, starting Sept. 15, 2024 The shares retention period for Saudi Fisheries Co.’s (Alasmak) Chairman and majority shareholder Abdulaziz Al-Humaid will end on Sept. 15. On Sept. 15, 2024, Al-Humaid undertook to retain his shares...

Saudi Arabia has executed 17 individuals in just three days, according to reports from state media on Monday the country’s fastest rate of capital punishment since March 2022, when 81 people were executed in a single day. The Saudi Press Agency confirmed that two Saudi nationals were executed on Monday for what were described as

Logo of Saudi Electricity Co. (SEC)  Saudi Electricity Co. (SEC)  announced the “successful” completion of the operational plan for the Hajj 2025 season, with no power outages or emergency disruption affecting the public electrical grid in Makkah and the Holy sites. On its official X account, SEC said it registered the highest-ever peak load of 358