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…

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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…

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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…

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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…

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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…

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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…

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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…

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Saudi Aramco, Sumitomo Chemical waive $1bn debt for Petro Rabigh

RIYADH: Saudi oil giant Rabigh Refining and Petrochemical Co., known as Petro Rabigh, has had $1 billion in debt waived by its two largest shareholders as part of its refinery upgrade plans. According to a statement on Tadawul, Saudi Arabia’s Aramco and Japan’s Sumitomo Chemical Co. have each agreed to waive $500 million in revolving…

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Saudi king, crown prince offer condolences to Thai king over victims of floods and landslides

RIYADH: Saudi Arabia’s King Salman and Crown Prince Mohammed bin Salman sent condolences to King Maha Vajiralongkorn of Thailand over the victims of floods and landslides in various areas of the Southeast Asian nation. Heavy rainfall since August 16 caused widespread havoc across the kingdom, leaving at least 22 people dead and 20 injured, including…

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Red Sea Global Unveils Saudi Arabia’s Second Water Aerodrome Following GACA Approval

RIYADH: A second water aerodrome is set to be opened in the Red Sea tourist development after an operating license was secured, it has been announced. The move means passengers will be able to arrive on Sheybarah Island, home to the Shebara resort, by seaplane – with the facility opening to guests in September.  General…

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