Saudi Vision 2030

Al-Sukait Tackles Investors’ Contribution

Riyadh - Emiratesvoice

Fahd al-Sukait of the Council of Economic and Development Affairs has discussed with officials in the National Logistics Committee at the Council of Saudi Chambers (CSC), on Wednesday, the condition of investors in logistic services and suggestions to boost this sector and its contribution in the public sector. This comes amid expectations that the sector grows in 2018 upRead more

Manchester United to aid football development in Saudi Arabia

London - Emirates Voice

Manchester United have agreed a deal with the General Sports Authority of Saudi Arabia to help develop football in the country. United will lend business and sporting expertise to clubs and sporting organisations in Saudi Arabia to boost the game's growth. The partnership forms part of Saudi Vision 2030 -- the plan to diversify the Saudi economy and to developRead more

Telecom Company adopts new strategy

Jeddah - Emirates Voice

Saudi Telecom Company (STC) has depended on a new strategy that focuses on growth via new areas and not the traditional telecommunications areas, said STC CEO Dr. Khalid al-Bayari, adding that this strategy includes the digital content, digital financial services, and the information technology in addition to the limited geography. Bayari stated that new investments will be centered in theRead more

Saudi establishes new authority to support small and medium-sized

Riyadh - Emirates Voice

The Public Investment Fund (PIF) has announced the establishment of the Fund of Funds, a new investment vehicle designed to provide small and medium-sized enterprises (SMEs) with access to capital by investing in venture capital and private equity funds. The Fund of Funds will also support the creation of a thriving private equity and venture capital ecosystem in the Kingdom.Read more

Makkah lands will be sold in a real-estate auction

Makkah - Emirates Voice

Makkah would witness next Thursday a real-estate auction on three lands of a total space of around 50,000 square meters and worth more than one billion riyals (USD266 million) — the three lands are located inside the central region. The first land is located at King Khalid Road and is 13076.68 square meters, while the second is located near KingRead more

Saudi Labor Ministry to deploy 300,000 volunteers under NTP 2020

Riyadh - Arab Today

The Ministry of Labor and Social Development (MLSD) plans to deploy 300,000 volunteers by 2020 in the non-profit sector. The ministry announced its program through the National Transformation Program (NTP) 2020 to establish volunteer departments in 200 non-profit entities by institutionalizing voluntary work, which will generate 200 job opportunities for project managers. The move affects charitable entities, foundations, neighborhood centersRead more

Boeing boosting ties with Saudi Arabia

Riyadh - Arab Today

The Boeing Co. has pledged to strengthen its partnerships with the Kingdom to build local capabilities within the framework of Saudi Vision 2030. The US aerospace giant — which supplies commercial aircraft and defense equipment to Saudi government agencies and aviation companies — said it is going ahead with the establishment of the Saudi Rotorcraft Support Center (SRSC), to beRead more

Japan PM, Saudi king to reach deal on special economic zones

Tokyo - Arab Today

Prime Minister Shinzo Abe and King Salman bin Abdulaziz of Saudi Arabia plan to agree Monday to set up special economic zones in the Middle East country, to the benefit of major Japanese companies, according to Japanese government sources, Kyodo reported. The move will be part of a bilateral plan, which the leaders are expected to announce in their meetingRead more

SAMENA Council, CITC collaborate for regional regulatory conference

Riyadh - Arab Today

SAMENA Telecommunications Council has announced that in collaboration with Saudi Arabia’s Communication & Information Technology Commission (CITC), a regional regulatory conference will be held in Riyadh on April 12. Both SAMENA Council and CITC have centered the agenda of the regulatory conference on regional digital transformation and on fostering the understanding of evolving dynamics of the ICT environment. Bocar BA,Read more

Mobily offers 50% discount on managed router service

Riyadh - Arab Today

Mobily has extended its offer which gives a 50 percent discount for three months on the managed routers service (basic and advanced) and on devices for new business customers. The managed router service provides customers facility to install, monitor, and maintain routers through a virtual private network (VPN). A team of Mobily experts is available around the clock to monitorRead more