Oman wins first place in summit on Information Society Forum

Muscat: The Sultanate of Oman, represented by the Financial Services Authority, won first place in the World Summit on the Information Society Forum organised by the International Telecommunication Union, held in Geneva. Oman’s electronic disclosure platform (Bayanat) won the best digital platform in the ICT applications category (benefits all aspects of life – e-business category). The…

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Enforcement of penalties for performing Hajj without a permit begins

RIYADH: Saudi Arabia’s Public Security has began imposing penalties on pilgrims violating Hajj regulations and instructions by undertaking a pilgrimage without a permit. The areas covered by the no-permit, no-Hajj policy include the city of Makkah, the central area, the holy sites, the Haramain train station, security checkpoints, screening centers and temporary security checkpoints, according…

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45 Saudis train in traditional crafts at the House of Artisans in Qatif

RIYADH: A total of 45 young men and women have enrolled in the Heritage Commission’s training and development program to be conducted over 12 months at the House of Artisans at the Al-Ramis project in Qatif, the Saudi Press Agency reported.The program aims to preserve heritage and equip young individuals with the skills to work…

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ENOC honoured with two sustainability awards at the Connecting Green Hydrogen MENA 2024

ENOC Group, the leading integrated global energy player, has been honoured with two awards for sustainability at the Connecting Green Hydrogen MENA 2024 event held at the Madinat Jumeirah Conference Centre, Dubai. The accolades reaffirm the Group’s role as a leading player in the adoption of sustainable energy solutions in the region. The MENA region’s…

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Kuwait, Saudi approve study for railway link

KUWAIT: Minister of Public Works and Minister of State for Municipal Affairs Dr Noura Al-Mashaan announced on Thursday the Kuwaiti-Saudi High Steering Committee has approved the feasibility study outcomes for the railway connection project between Kuwait City and Riyadh at its sixth meeting. “The agreement between the two brotherly countries reflects a shared will to build…

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Saudi Arabia and Qatar sign tax rules agreement

RIYADH: Saudi Arabia’s minister of finance, Mohammed Al-Jadaan, and his Qatari counterpart, Ali Al-Kuwari, signed an agreement on Thursday designed to avoid the possibility of double taxation and prevent tax evasion. During the signing ceremony in Doha, Al-Jadaan said the agreement is part of efforts to strengthen legislative coordination between the two countries, to encourage…

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Saudi Public Investment Fund emerges as most valuable and second-strongest sovereign wealth fund globally

RIYADH: Saudi Arabia’s Public Investment Fund has topped the list of the most valuable brands among global sovereign wealth funds, according to a report by UK-based brand valuation and strategy consultancy Brand Finance. The list includes 50 of the largest asset management companies and sovereign wealth funds in the world. The inaugural Asset Management and…

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Dubai Chamber of Commerce launches Qazaqstan Business Council to support growth of trade and intra-regional investments

Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has announced the establishment of the Qazaqstan Business Council to enhance bilateral trade and investment ties between the business communities in Dubai and Qazaqstan. The establishment of the Business Council reflects the growing economic relations between the two markets….

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Usyk-Fury sequel set for Dec. 21 as part of Riyadh Season

RIYADH: Tyson Fury will seek revenge against Oleksandr Usyk on Dec. 21 in Riyadh for the heavyweight boxing title. Usyk defeated the British boxer on May 19 on points, becoming the first undisputed heavyweight champion of the 21st century.The chairman of the Saudi General Entertainment Authority Turki Alalshikh said: “The quality of the first fight…

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