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Biggest bus transport project to begin operation in Riyadh in Q2 2020
The Royal Commission for Riyadh City has specified Q2 2020 as the period for beginning operation of the King Abdulaziz Bus Public Transport Network in Riyadh City, Saudi Press Agency (SPA) quoted the Saudi Public Transport Company (SAPTCO) as saying Tuesday. Commenting on the development, SAPTCO said that it has received a notification from the Public Transport Company, in which SAPTCO has an 80 percent stake, that a statement has been issued on the Saudi Stock Exchange (Tadawul) website, to this effect.
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Saudi railways receive 1.8mln passengers in 2019
Saudi Arabian railway network has transported 1.8 million travellers through its four stations – Riyadh, Dammam, Hofuf, and Abqaiq – in 2019, according to data released on Wednesday by the Saudi Railways Organization.
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Saudi’s ACWA Power collaborates with SABIC in localisation push
Saudi Arabia-based developer and operator of power generation and water desalination projects, ACWA Power has inked a memorandum of understanding (MoU) with Tadawul-listed Saudi Basic Industries Corporation (SABIC) to boost localisation within the kingdom’s economy and create job opportunities for Saudi nationals.
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Saudi Arabia’s $1.2+ Billion Cinema Market, 2019-2030: Riyadh Will Be the Hub for Multiplex in Saudi Arabia
The Saudi Arabia Cinema Market is expected to be worth more than USD 1.2 Billion by the end of 2030.
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Saudi Arabia Tourism Takes Off With China, UK, Malaysia, United States and Canada Topping the List of New Arrivals
New YouGov research has identified a rise in tourism interest in Saudi Arabia from around the world, with one in five tourists more likely to visit Saudi Arabia for a vacation now than five years ago.
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‘A different world’: Meet the vloggers sharing their adventures in a fast-changing Saudi Arabia
American vlogger Peter Santenello has created a series detailing his journey in Saudi Arabia, with the first video attracting more than 1.7 million views on YouTube. Stepping outside his hotel room on his first day in Riyadh, he said: “It is hot, it’s a different world, and I’m super pumped.”
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Saudi sports authority awards Jeddah United academy class A certificate
She pointed out that the classification was the first of its kind at the national level, as the academy had achieved social and competitive goals in line with the GSA’s strategic aims to increase the number of people playing sport in the country from 13 percent to 40 percent, boosting national pride and producing elite athletes at an international level.
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Spurned by Neighbors, Qatar Aims for Self-Sufficiency
Before June 2017, when Qatar's neighbors severed diplomatic and trade ties, the oil-rich Arab gulf state imported nearly all its food through the Saudi border crossing at Salwa, and by ship from Dubai's Jebel Ali Port. Doha food distributor Ahmed Al-Khalaf remembers the first stressful days after Saudi Arabia, the United Arab Emirates, and Bahrain imposed a blockade.
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Perspective: A new decade presents new opportunities for the Middle East
The region endured more than its share of tragedies in the 2010s. We must reflect on them to avoid repeating the same mistakes in the decade to come.
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Saudi SMEs’ revenue registers $234bln in Q2-19
Total revenue of small and medium-sized enterprises (SMEs) in Saudi Arabia reached SAR 879.32 billion during the second quarter of the fiscal year 2019, according to a report released by the General Authority for Statistics. Revenue of small enterprises operating in the private sector with a workforce ranging from 6 to 49 employees amounted to SAR 163.415 billion, accounting for 18.6% of total revenue generated by SMEs in Q2-19.
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