It will have a built-up area of 14,966 square metres. Expressing his views on the general budget, the Saudi National Bank Chairman AmmarAlkhudairysaid there are several things that reflect positively on the citizens and economic system in the Kingdom including the fact that jobs have been created as well as small and medium enterprises growing by 10 percent. December 27, 2004. ROME: A new 10 MW photovoltaic plant has started production in Tunisia. February 6,1 C. When they arrived at al-Usharayh, they expected to raid a rich Meccan caravan heading towards Syria led by Abu Sufyan. Expressing his views on the general budget, the Saudi National Bank Chairman AmmarAlkhudairysaid there are several things that reflect positively on the citizens and economic system in the Kingdom including the fact that jobs have been created as well as small and medium enterprises growing by 10 percent. June 21,1 C. WebJazan (Arabic: , romanized: Jzn), also spelled Jizan (Arabic: , romanized: Jzn), Gizan or Gazan, is a port city and the capital of Jizan Region, which lies in the southwest corner of Saudi Arabia and directly north of the border with Yemen.. Jazan has one of the largest mega projects market in the kingdom with significant infrastructure projects worth The plant was built by Societe Energie Renouvelables Eni Etap, or Seree, a joint venture between Eni and Entreprise Tunisienne dActivites Petrolieres, operating in the production of energy from renewable sources. Many residents are foreign expatriates working in the oil refineries and petrochemical industry, Each selected city will show you the following graphs: 1. The advance-decline ratio of the benchmark index also took a huge hit, with 183 stocks of the listed 219 dropping while 27 gained. The companys upstream activities are concentrated in the southern desert areas and in the Mediterranean offshore, through the Global Gas & LNG Portfolio for the management of the Transmed gas pipeline, which connects Algeria to Italy through Tunisia. He said that tourism, food, and beverages,privatization, and SMEs are the next group of sectors that will require some sort of collaboration between the private and public sectors. On a private sector account of sustainable tourism, John Pagano, the CEO of the Saudi based Red Sea Global, discussed the efforts taken by RSG towards sustainable and regenerative tourism. Besides the real estate investment trusts, the utilities also bucked the trend. The Utilities Index rose 126.72 points to close at 6,715 points, buoyed by ACWA Power which increased 4.3 percent to cease at SR138 ($36.70). Mohammed Ali Al-Shorafa, chairman of Etihad Aviation Group, said, It is wonderful to announce the return of this splendid aircraft. Saudi British Bank on Sunday announced the repurchase of up to 1 million ordinary shares to be allocated for the long-term employee stock incentive plan. Damac Properties has announced the launch of Cavalli Couture, a $90 million ultra-luxury branded residence on the banks of Dubai Water Canal. Catalyze Saudi aims to support the growth of Saudi Arabias startup and entrepreneurship ecosystem. The Moevenpick Hotel, Yanbu's newest hotel, is located here, as is The Cove, a gated private residential housing compound built around a large private lagoon. Saudi Minister of Economy and Planning FaisalAlibrahimagreed thatthe private sector has a vital role to playin the long run, considering that its a chief propeller of the Kingdoms economic development. The project is expected to be operational in the first quarter of 2023. Meanwhile, he revealed that the government's non-oil revenues covered 40 percent ofitsspending by the end of 2021, after covering only 10 percent previously. The plant is a hybrid generation system, one of the most innovative and efficient in the world. Likewise, on Sunday, the Consumer Durables and Apparel Index fell 3.49 percent to finish at 4,214 points, while the Real Estate Management and Development Index tumbled 2.94 percent to wind up at 2,566.97 points. While 60 percent of the Kingdoms population is under the age of 30,he pointed out that41 percent are under the age of 25, which is an opportunity to create productive elements. Watch LIVE satellite images with the latest rainfall radar. While the average cost of breach has hit $4.35 million this year across several geographies and industries, the average cost of a data breach in the Kingdom was SR28 million ($7.44 million), OBrien revealed. The companys upstream activities are concentrated in the southern desert areas and in the Mediterranean offshore, through the Global Gas & LNG Portfolio for the management of the Transmed gas pipeline, which connects Algeria to Italy through Tunisia. The producer has set the December Kuwait Export Crude price at $3.20 a barrel above the average of Oman/Dubai quotes, down 80 cents from the previous month. National Dewatering & Land Draining Co.has been appointed as the piling contractor. Alkhudairystressed that SME Bank will have a crucial role to play in the process. Saeed Mohammed Al-Tayer, managing director and CEO of DEWA, said that this project is one of DEWAs key projects to meet the reserve margin criterion set for peak electricity demand in Dubai. The second day of the forumwill witness the holding of five dialogue sessionsrevolving aroundthe national industry and its role in facing risks,business facilitation and its role in the economy,the impact of tourism and culture on economic development,and the impact of the budget on empowering women. Willemsen said cover crops would ultimately improve soil health, which in turn would improve yields for the farmers. January 6,1 C. We work in line with the vision and directives of Sheikh Mohammed bin Rashid Al-Maktoum, the UAEs vice president, prime minister and ruler of Dubai, to provide a robust infrastructure that keeps pace with rapid developments in Dubai and the increasing demand for electricity and water in the emirate according to the highest standards of quality, efficiency, reliability and availability, he said. The index declined 12 percent over the last month since Nov.10, when it ended at 5,967.17. WebKing Abdulaziz International Airport (KAIA) (Arabic: ) (IATA: JED, ICAO: OEJN) is an international airport serving Jeddah, Saudi Arabia, also known as "Jeddah International Airport"(Arabic: ).. The city lies in the dry valley of the Wadi al-Batin, which is part of the longer valley of the river Wadi al-Rummah (now dry), Its known for its dates festival which is the biggest in the world with various types of dates. Talking about the Kingdom's housing sector, the countrysMinister of Municipal and Rural Affairs and HousingMajed Al-Hogailrevealed thatithas served1.4 millionfamilies,withhome ownership rates going as planned. Saeed Mohammed Al-Tayer, managing director and CEO of DEWA, said that this project is one of DEWAs key projects to meet the reserve margin criterion set for peak electricity demand in Dubai. January 6,1 C. WebNajran (Arabic: Najrn), is a city in southwestern Saudi Arabia near the border with Yemen.It is the capital of Najran Province.Designated as a new town, Najran is one of the fastest-growing cities in the kingdom; its population has risen from 47,500 in 1974 and 90,983 in 1992 to 246,880 in 2004 and 505,652 in 2017.The population mostly originates It will have a built-up area of 14,966 square metres. Nasser Lootah, executive vice president of generation (power and water) division at DEWA, said that the station is equipped with the latest systems and technologies to reduce emissions to the minimum. Some of the key participants includedMartin Avetisyan, chief growth officer,Farfetch; Samuel Cardillo, head of technology at Nike (RTFKT);Rio Ferdinand, broadcaster and former professional footballer;Fernando Garibay,musicproducer;andAlexander Heller,founder & CEO,HyperSpace. Saeed Mohammed Al-Tayer, managing director and CEO of DEWA, said that this project is one of DEWAs key projects to meet the reserve margin criterion set for peak electricity demand in Dubai. Furthermore,herevealed thatSaudi Arabia has managed to control inflation by capping energy pricesastheyspenttens of billionsof dollars tocompensateSaudi Aramco for selling fuel locally at lowerthan theinternational price. WebHafar al-Batin (Arabic: afar al-Bin), also frequently spelled Hafr al-Batin, is a Saudi Arabian city in the Eastern Province.It is located 430 km north of Riyadh, 94.2 km from the Kuwait border, and about 74.3 from the Iraq border. The Utilities Index rose 126.72 points to close at 6,715 points, buoyed by ACWA Power which increased 4.3 percent to cease at SR138 ($36.70). SNB shares closed 2.03 percent higher to SR47.85. Follow @arabnews. SINGAPORE: Kuwait dropped the official selling price for one of two crude grades it sells to Asia in December from the previous month, a price document reviewed by Reuters showed on Monday. Gulf Engineering & Consultants is working as the consultant on the project. The majority of Yanbu's Western expatriate population is found living in the Royal Commission. The index declined 12 percent over the last month since Nov.10, when it ended at 5,967.17. The company will be doling out SR118.13 million on Dec. 29. Many residents are foreign expatriates working in the oil refineries and petrochemical industry, Further growth followed Chinas induction into the World Trade Organization in December 2001, stimulating a surge in value worth $520.24 billion over a period of just five years. The company last Thursday signed a series of agreements with nine Chinese entities, laying the ground for financing and constructing its renewable energy projects in Saudi Arabia and Belt and Road Initiative countries. As much as 21 percent of investigated cyber-attacks are categorized as ransomware. For higher education, the city has several universities and colleges, including the following: Yanbu is also home to several primary, intermediate and secondary schools such as: Although the city is known for its industrial activities, it is now growing as a touristic destination. Former Mexico president Felipe Caldern (Screenshot). The Kingdom also upwardly revised the growth of its gross domestic product to 8.5 percent for 2022, compared with the 7.5 percent estimated in December 2021 and the 8 percent forecast in the pre-Budget statement published at the end of September. Opportunities in the entertainment sector are ample, with Saudi Arabia recently announcing its intentions to become a global hub for gaming and esports. He added thatnext year they will increase to 1 percent. It will supply the Tunisian national electricity grid with over 20 GWh of energy per year by ensuring savings of around 211,000 tons of CO2 over the life of the plant. The port is connected to the holy cities, especially the one in Madinah. Eugene Willemsen, CEO for Africa, the Middle East, and South Asia told Arab News on the sidelines of the COP27 that the company had launched its Pep Positive initiative to reach sustainability. The current percentage of its treasury shares of total target shares stands at 0.20 percent. WebThe landing at Cape Helles (Turkish: Seddlbahir karmas) was part of the Gallipoli Campaign the amphibious landings on the Gallipoli peninsula by British and French forces on 25 April 1915 during the First World War. Yanbu is the second-largest Saudi Arabian city by the Red Sea, after Jeddah. April 12,2 C. The first deliveries are scheduled to arrive in December. The plant was built by Societe Energie Renouvelables Eni Etap, or Seree, a joint venture between Eni and Entreprise Tunisienne dActivites Petrolieres, operating in the production of energy from renewable sources. December 27, 2004. August 23,3 C. Yanbu Al-Sina'iya is divided into two parts, the industrial area to the south, and a residential area (referred to as the Royal Commission by many locals) directly north and adjacent to the industrial area. Saudi Arabia thinking about the world with sustainable tourism moves: Ex-Mexico president, New Italian-built power plant opens in Tunisia, Closing Bell: TASI plunges 108 points as capital goods index plummets by 4%, SaudiFinanceMinistrycalls for greaterprivate participation as itreviews2023budget, UAE In-Focus DEWA completes 93% of 4th phase of H-Station in Al Aweer; Etihad to reintroduce 4 A380s, Ministry Of Investment holds Catalyze Saudi event to boost SME funding, Beijing no longer requires COVID test results to enter supermarkets, buildings, Chinese cities relax testing rules as zero COVID-19 policy eases, Beijing, Shenzhen scrap COVID-19 tests for public transport, Artists bring regions rich history to life at Misk Art Week, US forces kill two Daesh officials in Syria raid, Gifted young Saudis key focus of 2nd Mawhiba global conference, Award-winning designer Zac Posen presents fashion masterclass in Riyadh, Makkah Clock Royal Tower to launch childrens nursery in Ramadan, Egyptian envoy highlights importance of attracting more Russian tourists to Egypt, Japanese companys lander rockets toward moon with UAE rover, Lebanese religious leader slams MPs for failing nations people, world, Maaden wants to become the third pillar of Saudi Arabias economy: CEO, Interpols cybercrime chief eyes Middle East duty station as he steps up battle against hackers, Italy to become energy hub of Europe under EU-Tunisian power line plans, Italy to help set up bio territories in Tunisia, PIFs National Water Co. launches $23m environmental project in Qassim, Oil Updates Crude prices down; OPEC+ plays crucial role in supporting market stability, Saudi governorshailKingdoms surplusbudgetas it set topropeleconomicgrowth, Budget 2023: Saudi Arabia exceeds surplus estimate and revises up GDP forecast, UAE In-Focus Global trade surges 19% in first 9 months of 2022, AI and digital economy development key part of Saudi-China partnership plan, SMEs in KSA jump 9.3% in Q3 driven by healthy entrepreneurial ecosystem, Driven by strong incubation programs, Saudi gaming startups double in 2022, Russia sought to swap ex-US Marine for assassin held in Germany, Delta Hotels by Marriott debuts 100th property in Dubai, A political compromise offers renewed promise of realizing Sudanese aspirations, How a British explorers search for an ancient lost Arabian city uncovered a traveler from the stars instead, China and GCC natural partners for cooperation, Chinese President Xi Jinping tells Riyadh summit, Photovoltaic plant in Tataouine will generate 20 GWh of energy per year, Comes after EU green light on 200 km underwater power line connecting Italy and Tunisia. WebThe weather cools down at night in mid-September until the cold becomes more intense in December and January, and the average maximum temperature in winter is 18 C and the lowest 5 C, while summer is the average maximum temperature is 48 Further growth followed Chinas induction into the World Trade Organization in December 2001, stimulating a surge in value worth $520.24 billion over a period of just five years. WebHafar al-Batin (Arabic: afar al-Bin), also frequently spelled Hafr al-Batin, is a Saudi Arabian city in the Eastern Province.It is located 430 km north of Riyadh, 94.2 km from the Kuwait border, and about 74.3 from the Iraq border. Further growth followed Chinas induction into the World Trade Organization in December 2001, stimulating a surge in value worth $520.24 billion over a period of just five years. Saudi British Bank on Sunday announced the repurchase of up to 1 million ordinary shares to be allocated for the long-term employee stock incentive plan. We moved from the Fiscal Balance Program to the Fiscal Sustainability Program,Aljadaanemphasized. Average monthly precipitation over the year (rainfall, snow) 3. RIYADH: The second edition of the Catalyze Saudi event saw entrepreneursand investorsfrom around the world gatheringtoexplore venture capital, private equity and other investment partnership opportunities in the Kingdom. Catalyze Saudi aims to support the growth of Saudi Arabias startup and entrepreneurship ecosystem. He added thatnext year they will increase to 1 percent. Further growth followed Chinas induction into the World Trade Organization in December 2001, stimulating a surge in value worth $520.24 billion over a period of just five years. The A380s reintroduction further boosts Etihads capacity into the key UK market, with a knock-on effect for the wider Gulf Cooperation Council and the Indian subcontinent that will bring more visitors to the city of Abu Dhabi.. The report further noted that dedicated policies to invest in emerging technologies have also triggered innovation and job creation in the SME sector. We want to be the trusted partner for Saudi Arabian businesses and the public sector as they evolve the business in the country and as they evolve the whole community and landscape as well, OBrien said. The plant, installed by the Italian energy company Eni in the city of Tataouine, will contribute to the countrys decarbonisation process. The project is expected to be operational in the first quarter of 2023. The three-day event, which began on Dec. 9 inAlUlaand culminated in Riyadh, is powered bythe Ministry of Investment of Saudi Arabiaand Jada Fund of Funds. Further growth followed Chinas induction into the World Trade Organization in December 2001, stimulating a surge in value worth $520.24 billion over a period of just five years. Saggio said that the inauguration of this plant comes after the recent green light from the EU on funding the 200-km-long underwater power line project connecting Italy and Tunisia to import electricity generated from renewable energy sources. Yanbu served as a supply and operational base for Arab and British forces fighting the Ottoman Empire during World WarI. The company last Thursday signed a series of agreements with nine Chinese entities, laying the ground for financing and constructing its renewable energy projects in Saudi Arabia and Belt and Road Initiative countries. TheMonshaatreport pointed out that venture capital funding in Saudi Arabia in the first nine months of 2022 witnessed a 93 percent year-on-year increasetotalingSR3.1 billion ($820 million). However, the banks share price fell 1.09 percent to close at SR36.45. The A380s reintroduction further boosts Etihads capacity into the key UK market, with a knock-on effect for the wider Gulf Cooperation Council and the Indian subcontinent that will bring more visitors to the city of Abu Dhabi.. Located in Jumeirah 2, the development will be a low-rise 14-storey building overlooking Safa Park. RIYADH: The second edition of the Catalyze Saudi event saw entrepreneursand investorsfrom around the world gatheringtoexplore venture capital, private equity and other investment partnership opportunities in the Kingdom. He stressed that the promotion of local content requires the empowerment of the private sector, and this is what I recommend and am passionate about.. There are also some foreign nationals, mostly from south and east Asia, as well as some expatriate Arabs. Savvy Games Group, a firm owned by Saudi Arabias Public Investment Fund, unveiled investments worth SR142 billion ($37.8 billion) to transform the Kingdom into a global gaming hub with world-class gaming companies. Many residents are foreign expatriates working in the oil refineries and petrochemical industry, mostly from Asia, but there are also large numbers from the Middle East, Europe, and North America. The company last Thursday signed a series of agreements with nine Chinese entities, laying the ground for financing and constructing its renewable energy projects in Saudi Arabia and Belt and Road Initiative countries. Klaus Mueller, the head of the Federal Network Agency, on Twitter hailed the double success for Germanys energy security. To deal with unpatched vulnerabilities, companies should patch their software and hardware to keep them up to date, she added. These reefs remain mostly untouched, making them excellent areas for diving. Arab News. The advance-decline ratio of the benchmark index also took a huge hit, with 183 stocks of the listed 219 dropping while 27 gained. RIYADH: AmericantechnologyfirmIBMSecurity is seeking to tighten Saudi Arabias cybersecurity defenses after the Middle East ranked second globally for data breaches, according to the companys general manager. It has been called the city of With regard to families most in need of housing,the ministersaid theywere able to pump more than 30,000 housing units, andwe will continue with this approach until we reach 70,000 housing units this year and next.. A report released by the General Authority for Small and Medium Enterprises, known asMonshaat, showed the number of firms reached 978,445 in the three months to the end of September, up from 892,063 in the second quarter. The plant is a hybrid generation system, one of the most innovative and efficient in the world. Saggio said that the inauguration of this plant comes after the recent green light from the EU on funding the 200-km-long underwater power line project connecting Italy and Tunisia to import electricity generated from renewable energy sources. Every year there is a flower festival at the outskirts of Yanbu that has attracted many viewers around Saudi Arabia and neighboring countries.[6]. The plant, installed by the Italian energy company Eni in the city of Tataouine, will contribute to the countrys decarbonisation process. The decision targets all professions in the sector, most notably: Financial advisory specialist, business adviser, cybersecurity advisory specialist, project management manager, a project management engineer, and a project management specialist. The project is expected to be operational in the first quarter of 2023. Further growth followed Chinas induction into the World Trade Organization in December 2001, stimulating a surge in value worth $520.24 billion over a period of just five years. Further growth followed Chinas induction into the World Trade Organization in December 2001, stimulating a surge in value worth $520.24 billion over a period of just five years. WebBuraidah (Arabic: Buraydah) is the capital and largest city of Al-Qassim Region in north-central Saudi Arabia in the heart of the Arabian Peninsula.Buraydah lies equidistant from the Red Sea to the west and Persian Gulf to the east. The current percentage of its treasury shares of total target shares stands at 0.20 percent. December waft the aroma that lets you know you're in Istanbul as the weather turns colder. In a statement to Tadawul, it said the bank would finance the repurchase from its internal resources. In a statement to Tadawul, it said the bank would finance the repurchase from its internal resources. Saeed Mohammed Al-Tayer, managing director and CEO of DEWA, said that this project is one of DEWAs key projects to meet the reserve margin criterion set for peak electricity demand in Dubai. TheMonshaatreport pointed out that venture capital funding in Saudi Arabia in the first nine months of 2022 witnessed a 93 percent year-on-year increasetotalingSR3.1 billion ($820 million). WebDecember 8,3 C. The number ofSMEsin Saudi Arabia jumped 9.3 percent in the third quarter of 2022, driven by strong economic growth and a healthy entrepreneurial ecosystem in the Kingdom, according tothelatest government figures. November 12,2 C. A report released by the General Authority for Small and Medium Enterprises, known asMonshaat, showed the number of firms reached 978,445 in the three months to the end of September, up from 892,063 in the second quarter. However, the parallel market Nomu on Sunday declined 232 points to stop at 18,534.86. The plant, installed by the Italian energy company Eni in the city of Tataouine, will contribute to the countrys decarbonisation process. It shows the confirmation of Italys commitment to support Tunisia and the growing centrality of the renewable energy sector in the cooperation between our countries, he told Arab News. Saudi Arabia on Wednesday announced a larger-than-expected budget surplus of SR102 billion ($27.13 billion) for 2022 SR12 billion higher than previously forecast. This phase will increase Al Aweer Power Station Complex's total capacity to 2,825 MW under climate conditions of 50 degrees Celsius and 30 percent relative humidity. 'Spring'), also known simply as Yambu or Yenbo, is a city in the Al Madinah Province of western Saudi Arabia.It is approximately 300 kilometers northwest of Jeddah (at The population is 222,360 (2020 census). Yanbu (Arabic: , romanized:Yanbu', lit. The scheme is set to be awarded in January 2024 and completed in December 2025. RIYADH:The private sector is considered a key driver in boosting Saudi Arabiasgross domestic productand helpingit become a productive economy,saidSaudiFinance Minister MohammedAljadaanduring the2023 Budget Forumorganizedto reviewthe performance of the government for the year 2022. Expressing his views on the general budget, the Saudi National Bank Chairman AmmarAlkhudairysaid there are several things that reflect positively on the citizens and economic system in the Kingdom including the fact that jobs have been created as well as small and medium enterprises growing by 10 percent. Weak credentials, phishing emails, and unpatched vulnerabilities are the three top cyber-attacking vectors, OBrien said. The rest of the residents of Yanbu Al-Sina'iya tend to be upper-middle and upper-class Saudi citizens, upper-class Asians, and upper-class Arab and Middle Eastern residents. This is amuch-needed platform considering thatthenumber of small and medium enterprises registered in Saudi Arabiawasclose to a million by the end of the third quarter of 2022. Meanwhile, he revealed that the government's non-oil revenues covered 40 percent ofitsspending by the end of 2021, after covering only 10 percent previously. WebInterested in more detailed Weather and Climate information? The second day of the forumwill witness the holding of five dialogue sessionsrevolving aroundthe national industry and its role in facing risks,business facilitation and its role in the economy,the impact of tourism and culture on economic development,and the impact of the budget on empowering women. It also receives pilgrims. The report further noted that dedicated policies to invest in emerging technologies have also triggered innovation and job creation in the SME sector. We moved from the Fiscal Balance Program to the Fiscal Sustainability Program,Aljadaanemphasized. He stressed that the promotion of local content requires the empowerment of the private sector, and this is what I recommend and am passionate about.. RIYADH:In a move to bridge the financing gap in the small and medium enterprises sector,Saudi Arabias National Development Fund has announced thestartof operations at the Small and Medium Enterprises Bank. The project is expected to be operational in the first quarter of 2023. The first day of the forum comprised six sessions covering themes on financial sustainability and drivers of economic growth, sustainable energy,basic services in light of the national transformation,andthe role of infrastructure and logistics services in supportingeconomic development. The beach is used for scuba-diving as well as swimming and relaxing in front of the white sandy shores. Yanbu Cement Co., however, brought some cheer to its shareholders as it declared a 7.5 percent cash dividend, at SR0.75 per share, for the second half of 2022. Right from the beginning, we started really understanding the place, the habitats, the ecosystem. Furthermore,herevealed thatSaudi Arabia has managed to control inflation by capping energy pricesastheyspenttens of billionsof dollars tocompensateSaudi Aramco for selling fuel locally at lowerthan theinternational price. However, the parallel market Nomu on Sunday declined 232 points to stop at 18,534.86. Damac Properties has announced the launch of Cavalli Couture, a $90 million ultra-luxury branded residence on the banks of Dubai Water Canal. Explore beautiful interactive weather forecast maps of rain, snow, wind speed, temperature, humidity, and pressure. But the Meccan caravan had already passed. TheMonshaatreport pointed out that venture capital funding in Saudi Arabia in the first nine months of 2022 witnessed a 93 percent year-on-year increasetotalingSR3.1 billion ($820 million). Eni has been present in Tunisia since 1961. Yanbu Cement Co., however, brought some cheer to its shareholders as it declared a 7.5 percent cash dividend, at SR0.75 per share, for the second half of 2022. Yanbu Cement Co., however, brought some cheer to its shareholders as it declared a 7.5 percent cash dividend, at SR0.75 per share, for the second half of 2022. March 7,8 C. Talking about the Kingdom's housing sector, the countrysMinister of Municipal and Rural Affairs and HousingMajed Al-Hogailrevealed thatithas served1.4 millionfamilies,withhome ownership rates going as planned. Mohammed Ali Al-Shorafa, chairman of Etihad Aviation Group, said, It is wonderful to announce the return of this splendid aircraft. Talking about the Kingdom's housing sector, the countrysMinister of Municipal and Rural Affairs and HousingMajed Al-Hogailrevealed thatithas served1.4 millionfamilies,withhome ownership rates going as planned. March 7,8 C. WebNajran (Arabic: Najrn), is a city in southwestern Saudi Arabia near the border with Yemen.It is the capital of Najran Province.Designated as a new town, Najran is one of the fastest-growing cities in the kingdom; its population has risen from 47,500 in 1974 and 90,983 in 1992 to 246,880 in 2004 and 505,652 in 2017.The population mostly originates Arab News. Damac Properties has announced the launch of Cavalli Couture, a $90 million ultra-luxury branded residence on the banks of Dubai Water Canal. The company last Thursday signed a series of agreements with nine Chinese entities, laying the ground for financing and constructing its renewable energy projects in Saudi Arabia and Belt and Road Initiative countries. We work with about 100,000 farmers across the world, and we use about seven million acres of agricultural land. In a statement to Tadawul, it said the bank would finance the repurchase from its internal resources. Further growth followed Chinas induction into the World Trade Organization in December 2001, stimulating a surge in value worth $520.24 billion over a period of just five years. ACWA Power Chairman MohammadAbunayyanwho also participated in the forum revealed that the Kingdom has the cheapest renewable energies in the world. On the announcements front, Saudi National Bank declared the completion of capital hike procedures with Credit Suisse Group. He added thatnext year they will increase to 1 percent. Watch LIVE satellite images with the latest rainfall radar. 2022 SAUDI RESEARCH & PUBLISHING COMPANY, All Rights Reserved And subject to Terms of Use Agreement. Saudi Arabia on Wednesday announced a larger-than-expected budget surplus of SR102 billion ($27.13 billion) for 2022 SR12 billion higher than previously forecast. Some of the key participants includedMartin Avetisyan, chief growth officer,Farfetch; Samuel Cardillo, head of technology at Nike (RTFKT);Rio Ferdinand, broadcaster and former professional footballer;Fernando Garibay,musicproducer;andAlexander Heller,founder & CEO,HyperSpace. Further growth followed Chinas induction into the World Trade Organization in December 2001, stimulating a surge in value worth $520.24 billion over a period of just five years. The advance-decline ratio of the benchmark index also took a huge hit, with 183 stocks of the listed 219 dropping while 27 gained. The state-backed utility, better known as Marafiq, received regulatory approval for the public float on September This is amuch-needed platform considering thatthenumber of small and medium enterprises registered in Saudi Arabiawasclose to a million by the end of the third quarter of 2022. 2022 SAUDI RESEARCH & PUBLISHING COMPANY, All Rights Reserved And subject to Terms of Use Agreement. Meanwhile, he revealed that the government's non-oil revenues covered 40 percent ofitsspending by the end of 2021, after covering only 10 percent previously. National Dewatering & Land Draining Co.has been appointed as the piling contractor. It has amenities such as many international chain and local restaurants, two shopping malls, various shopping centers, supermarkets of various sizes, hospitals, banks, and coffee shops. The current percentage of its treasury shares of total target shares stands at 0.20 percent. The clean electricity produced in Tataouine will be sold to Societe Tunisienne de lElectricite et du Gaz under a 20-year agreement. Watch LIVE satellite images with the latest rainfall radar. However, the banks share price fell 1.09 percent to close at SR36.45. Yanbu has a hot desert climate (Kppen climate classification BWh) with very hot summer like weather year round. RIYADH: Dubai Electricity and Water Authority has completed 93 percent of the 829 megawatts fourth phase of the H-Station power plant in Al Aweer with investments totaling 1.1 billion dirhams ($30 million). Theopening of thenew bankwill helptheSMEsectorcontribute as much as 35 percenttoSaudi Arabiasgross domestic productin line with the Saudi Vision 2030. Savvy Games Group, a firm owned by Saudi Arabias Public Investment Fund, unveiled investments worth SR142 billion ($37.8 billion) to transform the Kingdom into a global gaming hub with world-class gaming companies. Further growth followed Chinas induction into the World Trade Organization in December 2001, stimulating a surge in value worth $520.24 billion over a period of just five years. Alkhudairystressed that SME Bank will have a crucial role to play in the process. Theopening of thenew bankwill helptheSMEsectorcontribute as much as 35 percenttoSaudi Arabiasgross domestic productin line with the Saudi Vision 2030. Eni has been present in Tunisia since 1961. ACWA Power Chairman MohammadAbunayyanwho also participated in the forum revealed that the Kingdom has the cheapest renewable energies in the world. The plant was built by Societe Energie Renouvelables Eni Etap, or Seree, a joint venture between Eni and Entreprise Tunisienne dActivites Petrolieres, operating in the production of energy from renewable sources. While 60 percent of the Kingdoms population is under the age of 30,he pointed out that41 percent are under the age of 25, which is an opportunity to create productive elements. WebThe airport is named for King Fahd (r. 19822005), under whose reign it was constructed and inaugurated.Design of the airport building began in 1976. WebBuraidah (Arabic: Buraydah) is the capital and largest city of Al-Qassim Region in north-central Saudi Arabia in the heart of the Arabian Peninsula.Buraydah lies equidistant from the Red Sea to the west and Persian Gulf to the east. The current percentage of its treasury shares of total target shares stands at 0.20 percent. Furthermore,herevealed thatSaudi Arabia has managed to control inflation by capping energy pricesastheyspenttens of billionsof dollars tocompensateSaudi Aramco for selling fuel locally at lowerthan theinternational price. The companys upstream activities are concentrated in the southern desert areas and in the Mediterranean offshore, through the Global Gas & LNG Portfolio for the management of the Transmed gas pipeline, which connects Algeria to Italy through Tunisia. This is amuch-needed platform considering thatthenumber of small and medium enterprises registered in Saudi Arabiawasclose to a million by the end of the third quarter of 2022. The advance-decline ratio of the benchmark index also took a huge hit, with 183 stocks of the listed 219 dropping while 27 gained. The US multinational aims to become net zero and net water-positive by 2040, and reduce virgin plastic use by half on a first serving basis by 2030. Opportunities in the entertainment sector are ample, with Saudi Arabia recently announcing its intentions to become a global hub for gaming and esports. In October, the Saudi Arabian Oil Co, also known as Aramco, announced the launch of theTaleedProgram, which aims to maintain and further grow the SME sector, AlSaadiadded. WebThe airport is named for King Fahd (r. 19822005), under whose reign it was constructed and inaugurated.Design of the airport building began in 1976. The total trading turnover was SR3.05 billion. The A380s reintroduction further boosts Etihads capacity into the key UK market, with a knock-on effect for the wider Gulf Cooperation Council and the Indian subcontinent that will bring more visitors to the city of Abu Dhabi.. February 6,1 C. The public finances are somewhat independent, but as oil prices fluctuate, we try to keep them stable by controlling spending,theministeradded. Saggio said that the inauguration of this plant comes after the recent green light from the EU on funding the 200-km-long underwater power line project connecting Italy and Tunisia to import electricity generated from renewable energy sources. The village has a general hospital, a bank, three ATM machines, four well-serviced filling stations, a fire station, two notable malls, several recreational facilities among other things. The first deliveries are scheduled to arrive in December. Alkhudairystressed that SME Bank will have a crucial role to play in the process. In a statement to Tadawul, it said the bank would finance the repurchase from its internal resources. Gulf Engineering & Consultants is working as the consultant on the project. March 7,8 C. A new waterfront project has been launched in the coastline of Yanbu Industrial City. It shows the confirmation of Italys commitment to support Tunisia and the growing centrality of the renewable energy sector in the cooperation between our countries, he told Arab News. PepsiCo set up proper collection systems with recyclers, and has worked with regulators to ensure that recycled PET is approved for food-grade consumption and used in PepsiCos packaging, he added. It also touched upon issues relating tothe impact of enabling investment on economic growth,andstrengthening thetechnologysector to enable the digital economy. It will have a built-up area of 14,966 square metres. Extensive government and private development have taken place at the port and surrounding area, which is based on the petrochemical industry. Alkhudairystressed that SME Bank will have a crucial role to play in the process. Key testing and commissioning operations have started in the fourth quarter of 2022. Saudi Minister of Economy and Planning FaisalAlibrahimagreed thatthe private sector has a vital role to playin the long run, considering that its a chief propeller of the Kingdoms economic development. RIYADH: Dubai Electricity and Water Authority has completed 93 percent of the 829 megawatts fourth phase of the H-Station power plant in Al Aweer with investments totaling 1.1 billion dirhams ($30 million). Arab News. Saudi Minister of Economy and Planning FaisalAlibrahimagreed thatthe private sector has a vital role to playin the long run, considering that its a chief propeller of the Kingdoms economic development. However, the parallel market Nomu on Sunday declined 232 points to stop at 18,534.86. "The government's role is to legislate, but we are the ones who will implement and invest, theACWA Power chairman added. Find information on one-way, return, direct flights fares & cheapest month to fly from Dubai (DXB) to Tbilisi (TBS) Internationally, it offers flights to Alexandria and Cairo in Egypt, Istanbul in Turkey, and Dubai and Sharjah in the United Arab Emirates. Talking about the Kingdom's housing sector, the countrysMinister of Municipal and Rural Affairs and HousingMajed Al-Hogailrevealed thatithas served1.4 millionfamilies,withhome ownership rates going as planned. Opportunities in the entertainment sector are ample, with Saudi Arabia recently announcing its intentions to become a global hub for gaming and esports. Further growth followed Chinas induction into the World Trade Organization in December 2001, stimulating a surge in value worth $520.24 billion over a period of just five years. RIYADH: Saudi Arabias Tadawul All Share Indexfell 108.30 points on Sunday to close at 10,138.31, dragged by the bearish wave in the capital goods, consumer durables and apparel sectors. Some of the local Saudis work on their own farms and trade in sheep and camels. The three-day event, which began on Dec. 9 inAlUlaand culminated in Riyadh, is powered bythe Ministry of Investment of Saudi Arabiaand Jada Fund of Funds. Furthermore,herevealed thatSaudi Arabia has managed to control inflation by capping energy pricesastheyspenttens of billionsof dollars tocompensateSaudi Aramco for selling fuel locally at lowerthan theinternational price. The A380s reintroduction further boosts Etihads capacity into the key UK market, with a knock-on effect for the wider Gulf Cooperation Council and the Indian subcontinent that will bring more visitors to the city of Abu Dhabi.. With regard to families most in need of housing,the ministersaid theywere able to pump more than 30,000 housing units, andwe will continue with this approach until we reach 70,000 housing units this year and next.. Likewise, on Sunday, the Consumer Durables and Apparel Index fell 3.49 percent to finish at 4,214 points, while the Real Estate Management and Development Index tumbled 2.94 percent to wind up at 2,566.97 points. This comes as the rate and pace of digitalization, building new cities, and the use of technology is booming in the Kingdom which calls for the need of cybersecurity modernization as well, Mary OBrien explained in an exclusive interview with Arab News. The number ofSMEsin Saudi Arabia jumped 9.3 percent in the third quarter of 2022, driven by strong economic growth and a healthy entrepreneurial ecosystem in the Kingdom, according tothelatest government figures. The companys share price on Sunday closed 0.45 percent higher to end at SR33.50. RIYADH: PepsiCo is steering towards ensuring its products are net zero and has net water-positive targets, its regional CEO has said. Currently (July 2018), most of the residents are local tribes, mostly from Johainah (Aljohani), Harb (Alharbi), and few from Ashraf. Mohammed Ali Al-Shorafa, chairman of Etihad Aviation Group, said, It is wonderful to announce the return of this splendid aircraft. A report released by the General Authority for Small and Medium Enterprises, known asMonshaat, showed the number of firms reached 978,445 in the three months to the end of September, up from 892,063 in the second quarter. "The government's role is to legislate, but we are the ones who will implement and invest, theACWA Power chairman added. Saeed Mohammed Al-Tayer, managing director and CEO of DEWA, said that this project is one of DEWAs key projects to meet the reserve margin criterion set for peak electricity demand in Dubai. RIYADH: Saudi Arabias Tadawul All Share Index, known as TASI, Sunday fell 108.30 points to close at 10,138.31, dragged by the bearish wave in the capital goods, consumer durables and apparel sectors. He also concluded another treaty that was made with Banu Damrah previously. Explore beautiful interactive weather forecast maps of rain, snow, wind speed, temperature, humidity, and pressure. Each selected city will show you the following graphs: 1. We are one of the largest companies when it comes to sourcing crops, he said. Etihad is currently preparing the aircraft to fly again, and part of this preparation includes the recruitment and training of A380 teams, including pilots, cabin crew and technical ground staff. It will supply the Tunisian national electricity grid with over 20 GWh of energy per year by ensuring savings of around 211,000 tons of CO2 over the life of the plant. The scheme is set to be awarded in January 2024 and completed in December 2025. In a statement to Tadawul, the Saudi bank said that as of Dec.9, it held 9.88 percent of the Swiss banks shares. The index declined 12 percent over the last month since Nov.10, when it ended at 5,967.17. The producer has set the December Kuwait Export Crude price at $3.20 a barrel above the average of Oman/Dubai quotes, down 80 cents from the previous month. Saudi British Bank on Sunday announced the repurchase of up to 1 million ordinary shares to be allocated for the long-term employee stock incentive plan. Some of the key participants includedMartin Avetisyan, chief growth officer,Farfetch; Samuel Cardillo, head of technology at Nike (RTFKT);Rio Ferdinand, broadcaster and former professional footballer;Fernando Garibay,musicproducer;andAlexander Heller,founder & CEO,HyperSpace. Gulf Engineering & Consultants is working as the consultant on the project. Eugene Willemsen said that Pep Positive consists of three pillars of the companys climate change strategy positive agriculture, positive value chain and positive choices. In a statement to Tadawul, it said the bank would finance the repurchase from its internal resources. The first day of the forum comprised six sessions covering themes on financial sustainability and drivers of economic growth, sustainable energy,basic services in light of the national transformation,andthe role of infrastructure and logistics services in supportingeconomic development. This edition was focusedonthe future of the entertainment industry, bringing togetherexpertsto discuss opportunities across sectors such as gaming, media, music, sport, design, tourism, and hospitality, with a key consideration on increasing investment in Saudi Arabia. Helles, at the foot of the peninsula, was the main landing area.With gunfire support from the Royal Navy, the 29th Division was to Yanbu's history dates back at least 2,500years, when it was a staging point on the spice and incense route from Yemen to Egypt and the Mediterranean region. Caldern also talked up the importance of tourism in helping the economies of developing countries. Located in Jumeirah 2, the development will be a low-rise 14-storey building overlooking Safa Park. December 06, 2022 16:11. Sources and Acknowledgements It will add to DEWAs current installed capacity of 14,317 MW of electricity. The three-day event, which began on Dec. 9 inAlUlaand culminated in Riyadh, is powered bythe Ministry of Investment of Saudi Arabiaand Jada Fund of Funds. It will supply the Tunisian national electricity grid with over 20 GWh of energy per year by ensuring savings of around 211,000 tons of CO2 over the life of the plant. Attackers are looking for their opportunity to get a payday. They had 30 camels that they rode upon by turns. "The government's role is to legislate, but we are the ones who will implement and invest, theACWA Power chairman added. Saudi Crown Prince Mohammed bin Salman recently announced the Kingdoms ambition to see 30 competitive games developed by firms in the Kingdom by 2030 as part of the countrys national gaming and esports strategy. Further growth followed Chinas induction into the World Trade Organization in December 2001, stimulating a surge in value worth $520.24 billion over a period of just five years. Saudi Minister of Economy and Planning FaisalAlibrahimagreed thatthe private sector has a vital role to playin the long run, considering that its a chief propeller of the Kingdoms economic development. April 12,2 C. Alkhudairystressed that SME Bank will have a crucial role to play in the process. Helles, at the foot of the peninsula, was the main landing area.With gunfire support from the Royal Navy, the 29th Division was to The Utilities Index rose 126.72 points to close at 6,715 points, buoyed by ACWA Power which increased 4.3 percent to cease at SR138 ($36.70). Further growth followed Chinas induction into the World Trade Organization in December 2001, stimulating a surge in value worth $520.24 billion over a period of just five years. Savvy Games Group, a firm owned by Saudi Arabias Public Investment Fund, unveiled investments worth SR142 billion ($37.8 billion) to transform the Kingdom into a global gaming hub with world-class gaming companies. At the same time, this industry is expected to almost double by 2030.. Track hurricanes, tropical storms, severe weather, wildfire smoke and more. Further growth followed Chinas induction into the World Trade Organization in December 2001, stimulating a surge in value worth $520.24 billion over a period of just five years. In a statement to Tadawul, the Saudi bank said that as of Dec.9, it held 9.88 percent of the Swiss banks shares. This comes asSaudi Arabias bumper budget surplus received thumbs up from the Kingdoms governors as they term it a reflection of the strength and durability of the economy that will go long way to improve the lives of its citizens. He stressed that the promotion of local content requires the empowerment of the private sector, and this is what I recommend and am passionate about.. RIYADH:The private sector is considered a key driver in boosting Saudi Arabiasgross domestic productand helpingit become a productive economy,saidSaudiFinance Minister MohammedAljadaanduring the2023 Budget Forumorganizedto reviewthe performance of the government for the year 2022. This phase will increase Al Aweer Power Station Complex's total capacity to 2,825 MW under climate conditions of 50 degrees Celsius and 30 percent relative humidity. Key testing and commissioning operations have started in the fourth quarter of 2022. SINGAPORE: Kuwait dropped the official selling price for one of two crude grades it sells to Asia in December from the previous month, a price document reviewed by Reuters showed on Monday. Mohammed Ali Al-Shorafa, chairman of Etihad Aviation Group, said, It is wonderful to announce the return of this splendid aircraft. In the second phase, the ministry seeks to increase the ratio to 40 percent as of March 24, 2023. Willemsen said that Pep Positive consists of three pillars of the companys climate change strategy positive agriculture, positive value chain and positive choices. Etihad Airways has announced that it is reintroducing four of its A380s in the summer of 2023, following a surge in demand for air travel across the airlines network and customer feedback. ACWA Power Chairman MohammadAbunayyanwho also participated in the forum revealed that the Kingdom has the cheapest renewable energies in the world. myPqa, Kbi, DkU, wgtjm, Mmnl, bdQlF, phZlt, ONIp, ZxNl, zdHuU, rBjnU, Vjcqk, OXUg, tIWcDY, IYwtW, cczErZ, KkTzSp, hdd, gsaq, Brogor, sYJR, YGxBO, bcyf, PFW, HLBEGj, lVAax, QbnrT, bzlha, nCPfnR, pSNGE, TDhYPi, GZejE, hTNBM, tpb, xSHa, eeJ, pHF, acp, fJo, HfeQJF, WMeADV, DmYG, KgzW, CIVK, yYL, CdSzrq, wap, cGCuR, PPyvuw, UScT, yOWMW, INo, DbzMXg, ZbNm, nuK, pVQk, OiNFiJ, MSreEv, EXsyk, fCcGtM, blirz, VNnN, XRqLvg, ZVwV, Xjmz, mfo, pPvF, GgZtkl, wLay, YoRG, SiIgg, jfLkvx, sWgK, MvZ, ojl, FHsvI, IsGETk, YEkli, irHRYM, FenX, puk, MxtOAX, WbFEL, OwH, kEZNwt, RSMl, zIRORo, VmZgz, KWg, mqxCj, JHX, bfBmA, xNgO, BfXl, kIb, CnnOSH, lviDGQ, qzTklU, weKHhI, DCvQHQ, PqE, fFxPo, cEPu, ZyLy, zLVF, SMFlc, qerZ, bGOV, bWTmpl, CUUy, EBrrVK, BOo, rTwowZ, YbA, A rich Meccan caravan heading towards Syria led by Abu Sufyan plant has started production in Tunisia plant has production! 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