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King Salman reassures Saudi Arabia’s commitment to the Palestinian issue
Saudi Arabia’s King Salman reassured the Kingdom’s commitment to the Palestinian issue and Palestinian rights, in a phone call with Palestinian president Mahmoud Abbas, the Saudi state news agency reported early on Wednesday.
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Who is playing in the 2020 Saudi International
Johnson returns to Royal Greens Golf & Country Club to defend his crown and will begin his charge as part of a stellar threeball alongside fellow Major Champion Henrik Stenson and Abu Dhabi HSBC Championship presented by EGA winner Lee Westwood, starting at the tenth tee at 08:05.
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Revealed: the impact of Riyadh Season on Saudi tourism
Seera Group, the Saudi-based travel and tourism company, has revealed a significant increase in consumer travel bookings to the Saudi capital city, highlighting the success of Riyadh Season. Flight bookings for travel to Riyadh from October 2019 to January 2020 more than doubled compared to the same period in the previous year.
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Saudi Telecom to Buy Vodafone Egypt Stake for $2.39 Billion
The deal gives STC, as the Riyadh-based firm is known, access to a country of some 100 million people where Vodafone Egypt has a market share of about 44%. STC has bought stakes in telecom companies operating in Turkey, Indonesia, Bahrain, Kuwait and Malaysia over the past decade. If a transaction is finalized the companies expect to keep the Vodafone brand.
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Saudi Arabia’s SABIC sees slowdown in 2020
The CEO of Saudi Basic Industries Corp (SABIC), the world’s fourth-biggest petrochemicals firm, said he expects a slowdown in 2020, although it was too early to determine the impact of the outbreak of China’s coronavirus on demand. SABIC had not suspended travel or taken any other measures because of the virus, Yousef al-Benyan said at a news briefing following the company’s publication of its financial results.
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UAE nuclear plant unit is ‘ready’ for start-up
The Emirates Nuclear Energy Corporation (Enec), and its subsidiary Nawah Energy Company (Nawah), announced on Tuesday that experts from the Atlanta Center of the World Association of Nuclear Operators (Wano) have concluded that Unit 1 of the Barakah Nuclear Energy Plant in Abu Dhabi is ready to start up.
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Saudi lender NCB reports 18.8% rise in 2019 net profit
Saudi Arabia’s National Commercial Bank (NCB), saw a 13.2% rise in fourth-quarter net profit, according to Reuters calculations, helped by increased revenue from commissions and financing, and lower operating costs. The country’ largest lender made a net profit of 3 billion riyals ($799.8 million)in the three months to Dec. 31, up from 2.65 billion riyals in the same period of 2018, Reuters calculated from financial statements in the absence of a quarterly breakdown.
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Lockheed Has Best Year Ever, And Expects a Better 2020
Lockheed Martin booked nearly $60 billion in 2019 sales, the best year on record for the world’s largest defense contractor. And its executives are predicting even higher sales this year.
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China vows to beat ‘devil’ virus as countries rush to evacuate citizens
From France to Japan, governments were organising evacuations, while Hong Kong - scene of anti-China unrest for months - planned to suspend rail and ferry links with the mainland.
- Washington Post - New coronavirus cases in China surpass SARS epidemic as infections grow abroad
- CNBC - First Middle East cases of coronavirus confirmed in the UAE
- WSJ - British Airways Suspends China Flights as Coronavirus Spreads
- CNN - Airlines around the world are suspending flights to China as the coronavirus spreads
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NFL Twitter accounts hacked, including those of Super Bowl-bound Chiefs and 49ers
OurMine bills itself as a "white hat" hacking group, the term for cyber trespassers who breach systems with good intentions. It began taking responsibility for a number of hacks Monday, claiming the intention was to announce its return and to "show people that everything is hackable.
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