Saudi Arabia’s non-oil economy grows 4.9% in Q2: GASTAT 

RIYADH: Saudi Arabia’s non-oil activities expanded 4.9 percent year-on-year in the second quarter of 2024, driven by gains in the financial and insurance sectors, official data showed.   According to data from the General Authority for Statistics, the financial, insurance, and business services sectors surged 7.1 percent in the second quarter compared to the same period…

Read More

Saudi Arabia’s Healthcare Sector: Leading the Charge in Medical Waste Management for a Greener Future”

RIYADH: When one imagines the worst culprits for commercial waste, many would rightly think of fast fashion, obsolete technology, and food retail. However, one surprisingly prolific offender is the medical community — responsible for vast amounts of non-biodegradable and often hazardous waste. Mindful of their environmental footprint, private medical facilities in Saudi Arabia are doing…

Read More

Asteroid 2024 RW1 burns up in Earth’s atmosphere

Muscat: The Oman Astronomical Society has confirmed that a recently discovered asteroid, 2024 RW1, burned completely while passing through the Earth’s atmosphere. The asteroid was small and posed no danger to the surface. Dr. Ishaq bin Yahya Al-Shuaili, Chairman of the Board of Directors of the Oman Astronomical Society, explained that the asteroid was discovered…

Read More

Saudi fintech industry rakes in $1bn in revenues, says top SAMA official

RIYADH: Saudi Arabia’s fintech sector has become a major player in the country’s financial services landscape, with companies generating over SR3.75 billion ($1 billion) in revenues and reaching millions of customers daily. “The Saudi fintech sector has made substantial progress over the past five years to the point where it is now firmly established as…

Read More

KSrelief continues medical projects in Turkiye and Yemen

RIYADH: Saudi Arabia’s aid agency KSrelief launched a volunteer medical program in Turkiye and Yemen reported state news agency SPA on Thursday.In Turkiye, the program was for adult and pediatric orthopedic surgery in the provinces of Gaziantep and Hatay which ran from Aug. 24 until Aug. 31. It involved 28 volunteers as part of the…

Read More

24 Fintech Day 2: Experts highlight Saudi Arabia’s unique role in shaping industry’s future 

RIYADH: On the second day of the 24 Fintech conference in Riyadh, experts and industry leaders took to the stage to discuss Saudi Arabia’s growing prominence in the global digital landscape. With an audience of investors, regulators, and innovators, panel discussions throughout the day highlighted the Kingdom’s rapid transformation into a fintech powerhouse, driven by…

Read More

Reeling it in: Inside Saudi Arabia’s biggest fish market

RIYADH: On the Kingdom’s east coast is a bustling fish market, a testament to the region’s rich maritime heritage and farming practices that have passed down through generations. Established in 1947, the Qatif Central Fish Market was spearheaded by a local group of experienced individuals led by the late Hassan Kofair, who played a pivotal…

Read More

Saudis take steps to prevent public-sector contracts crimes, says anti-corruption chief

RIYADH: Saudi authorities are working on several initiatives to prevent illegal activity in government procurement, the president of the Oversight and Anti-Corruption Authority, also known as Nazaha, said on Tuesday. Speaking at the UN in Vienna during an international meeting of government officials to discuss prevention of corruption, Mazin Al-Kahmous said the Kingdom has established…

Read More

5 Saudi military officials promoted to key positions

RIYADH: Saudi Arabia’s King Salman has issued a royal order for the promotion of five senior military officials to key positions in the Kingdom’s armed forces, the Ministry of Defense announced on Sunday. Defense Minister Prince Khalid bin Salman conferred the officials with their new ranks at his office, the ministry said in a press…

Read More
Translate »