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Saudi Arabia

Non-Saudis can buy one property in Kingdom

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Saudi inflation rate rises in September from its lowest level in 20 months

RIYADH: Non-Saudis, who are legal residents of the Kingdom, can now own a single property by following three conditions to be fulfilled set by the Absher platform, Saudi Gazette reported. The platform explained with the support of infographics that the service enables residents to apply for a permit to own a property within the Kingdom, … Read more

PTI Saudi Arabia chapter president to work for Pakistan community

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PTI

Newly-elected Pakistan Tehreek-i-Insaf (PTI) Saudi Arabia chapter president Uzair Bhatta assured that he would work with Pakistan Journalist Forum (PJF) to address issues being faced by Pakistani community. “Above self-interest, we will work abroad for the Pakistan Tehreek-i-Insaf (PTI) and our Pakistani brothers, take practical steps to address issues being faced by the Pakistani community. … Read more

Vaccinated teens allowed to perform Umrah, Saudi Arabia

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Hajj 2021 sermons to be broadcasted in 10 languages

The Saudi Arabia government has allowed the local pilgrims aged from 12 to 18 can obtain Umrah authorizations if they have been vaccinated twice for the Covid-19, stated the Ministry of Hajj and Umrah. The declaration was made on the induction of the 2021 Umrah season on August 10. According to the briefing more than … Read more

Saudi Arabia’s economy grows 1.5% in Q2, first expansion since pandemic

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gas deposits

RIYADH: Saudi Arabia’s economy grew 1.5 per cent in the second quarter, year-on-year, first expansion since the pandemic, fuelled by a 10.1 per cent growth in the non-oil sector, Khaleej Times quoted the flash government estimates on Monday. Seasonally-adjusted real gross domestic product (GDP) grew 1.1 per cent in the second quarter, compared with the first quarter, … Read more

Saudi Arabia Allows Vaccinated Foreign Pilgrims To Perform Umrah

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Saudi Arabia Allows Vaccinated Foreign Pilgrims To Perform Umrah

Saudi Arabia has announced that it will allow vaccinated foreign pilgrims to perform Umrah after a year and a half. According to the Saudi Press Agency (SPA), the Ministry of Hajj and Umrah has announced that from August 9, applications for Umrah will be gradually received from different countries of the world. It should be … Read more

E-payment in Saudi Arabia grows 75% in 2020 amid Covid-19 

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RIYADH: Saudi Arabia’s e-payment transactions increased by 75 per cent in 2020 due to Covid-19 outbreaks, the Saudi Press Agency reported on Thursday. Fintech Saudi’s National Fintech (financial services technology) Adoption Survey Results Report 2021 also revealed a reduction in cash withdrawals through ATM machines by 30 per cent in the same period. One of … Read more

Saudi women appointed at Haram presidency

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MAKKAH: In a landmark move to further empower women in Saudi Arabia, the General Presidency for the Affairs of the Two Holy Mosques, announced the appointment of 20 women, who are holders of master’s and doctoral degrees, in key leadership positions at the presidency, Saudi Gazette reported. The positions include assistant head of the presidency, … Read more

Today Gold Rate in Saudi Arabia on, 6th August 2021

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SAR: Today Gold Rate in Saudi Arabia (SAR) is Sar. 218.42 for 24k per gram. And Sar. 200.22 for 22 karat gold. Today live gold price in Saudi Arabia and different cities of Saudi Arabia. Gold Rate in Saudi Arabia (SAR) Check the latest rate of Gold price in Saudi Arabia (Saudi Riyal) (Updated, 6th August 2021). Location … Read more

IsDB, Bloomberg LP launch financial education programme in 9 countries

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Islamic Development Bank announces final issuances

LONDON: The Islamic Development Bank (IsDB) and Bloomberg LP will work together to deliver a financial education programme for university students in nine countries in the Middle East, Africa and Asia, WAM reported. The nine IsDB member countries involved in the programme are Bangladesh, Egypt, Kazakhstan, Kuwait, Malaysia, Nigeria, Oman, Saudi Arabia and Uzbekistan. IsDB … Read more

WEF leader urges countries to pay attention to digital currency

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WEF

DUBAI: Digital currency is going to play a big role in the global economy, a World Economic Forum (WEF) committee leader said, and nations need to pay attention to its unprecedented progress. “Somebody needs to be paying close attention to this space, and assessing on a weekly basis, what the national policy ought to be … Read more

Saudi Arabia eyes global tie-ups to tap $20 billion in cultural opportunities

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Global

DUBAI: Saudi Arabia is seeking partnership with global partners, including leading international museums, as it sees its culture sector generating $20 billion in revenues and creating 100,000 jobs, while contributing 3 per cent to its gross domestic product (GDP), Arab News quoted a senior official, as saying. In the wake of the G20 meeting last … Read more

Saudi Arabia Invites PM Imran To Participate In Middle East Green Initiative

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Saudi Arabia Invites PM Imran To Participate In Middle East Green Initiative

Ambassador of the Royal Kingdom of Saudi Arabia to Pakistan H.E Admiral (retd) Nawaf Bin Said Al-Maliki called on Prime Minister Imran Khan. According to a statement issued by the Media Wing of the Prime Minister’s Office on Friday, during the meeting, the Saudi Ambassador briefed Prime Minister Imran Khan on the topic of the … Read more

Saudi Arabia: Vaccinated Foreign Tourists Allowed To Enter Kingdom

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Saudi Arabia: Vaccinated Foreign Tourists Allowed To Enter Kingdom

Saudi Arabia’s Ministry of Tourism has allowed tourists from other countries to enter the country who have completed their vaccinations. The Ministry of Tourism announced on Thursday that tourists would not have to be quarantined but would only have to provide a vaccination certificate. According to the announcement, tourists from several countries, who meet the … Read more

UAE to benefit from Saudi skills to counter money laundering, terror financing

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UAE inflation turns positive for the first time in 31 months

ABU DHABI: A UAE official delegation headed by Ahmed Ali Al Sayegh, Minister of State, and Khaled Mohammed Balama, Governor of the Central Bank of the UAE, visited the Kingdom of Saudi Arabia from July 13-14, 2021. The visit came within the context of the UAE’s ongoing work to strengthen Anti Money Laundering (AML) and … Read more

Saudi Arabia to impose 3-year travel ban for citizens who visit ‘red list’ states

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Hajj 2021

RIYADH: Saudi Arabia will impose a three-year travel ban on citizens travelling to countries on the kingdom’s ‘red list’ under efforts to curb the spread of coronavirus and its new variants, state news agency SPA quoted as saying on Tuesday. It cited an unnamed interior ministry official as saying some Saudi citizens, who in May … Read more

Pakistan, Saudi Arabia agree to strengthen economic ties

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ISLAMABAD: Pakistan and Saudi Arabia on Tuesday agreed to strengthen their relationship, particularly in the economic domain, including cooperation in trade, investment and technology. Foreign Minister Shah Mahmood Qureshi and his Saudi counterpart Prince Faisal bin Farhan in a joint presser held at the Ministry of Foreign Affairs, vowed to continue extending support to each … Read more

Foreign pilgrims allowed for Umrah from August 10

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Saudi Arabia Umrah

RIYADH: Citizens from nine countries, including Pakistan, India allowed to undertake the Umrah pilgrim, starting from 10th of coming month, according to the published reports on Monday. It has been learnt that Pakistan, will require a 14-day quarantine in a third country, before Umrah proceedings. Saudi Arabia on Sunday announced the resumption of Umrah service for … Read more

Saudi FM Faisal bin Farhan Al Saud to visit Pakistan on July 27

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FM Meets His Saudi Counterpart, Discusses Bilateral Relations

Saudi Minister of Foreign Affairs His Highness Prince Faisal bin Farhan Al Saud will be visiting Pakistan on July 27 (Tuesday) at the invitation of his Pakistani counterpart Shah Mehmood Qureshi. The foreign minister will be accompanied by a delegation comprising senior officials of the Saudi government. The visit holds special significance in the backdrop … Read more

Guidance robot launched to serve Two Holy Mosques

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The GPH General President for the Affairs of the Grand Mosque and the Prophets Mosque ash-Shaykh Dr Abd Arrahmaan ibn Abd al-Azeez as-Sudays has launched the guidance robot among its efforts in implementing artificial intelligence to serve the two Holy Mosques. During the launch, he said: “The use of technology has come positively to serve … Read more

Pakistan repatriates 62 prisoners from Saudi Arabia ahead of Eid al Adha

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eid al adha

Pakistan brought 62 prisoners from Saudi Arabia before Eid al Adha, Prime Minister Imran Khan has announced on Tuesday, after the government made special arrangements for their return. “On my instructions, funds were arranged, and a special flight brought back 62 prisoners from KSA today, so they could be back with their families for Eid,” … Read more

Pakistan’s Independence Day events set to be included in Saudi winter shows

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GOT7 Members to part ways with JYP entertainment

The Saudi Ministry of Tourism and the Saudi Entertainment Authority are jointly organising winter entertainment programmes in August and September, incorporating activities during Pakistan’s Independence Day celebrations here. The expected winter programmes will be held in coastal and mountainous areas with precautionary measures in which the local population along with their families, expatriates from Pakistan, … Read more

Hajj 2021: More than 50 people apprehended in Saudi Arabia for breaking Hajj SOPs

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As many as 52 people were apprehended on Monday for violating the regulations and instructions set for Hajj pilgrims. According to the prescribed legal measures, each one of the 52 pilgrims will be fined SAR 10,000. Hajj Security Forces Command Brigadier Sami Al Shuwairekh urged all citizens and residents to follow the Hajj season’s directives. … Read more

Saudi Radio to launch 24-hour Urdu transmission

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JEDDAH: The Saudi Radio plans to launch test transmission of a 24-hour Urdu service from the middle of September 2021, while the services will be formally launched on September 23, a Saudi official said. The transmission will include programmes on Islam, the holy Quran, Ahadis and historical and world affairs. Saudi Broadcasting Authority deputy chairman … Read more

Saudi envoy opens solar energy project for 1,240 schools

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Solar power

KARACHI: Saudi Arabia’s Ambassador to Pakistan Nawaf bin Saeed Al-Malki has inaugurated a project to provide solar energy for 1,240 schools, benefitting more than 135,000 students annually, Saudi official news agency, SPA reported. The project, funded by the Kingdom of Saudi Arabia through the Saudi Fund for Development (SFD), comes within the framework of supporting … Read more

UAE to launch digital currency over the next five years

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UAE

The Central Bank of the oil-rich Gulf state, which serves as the region’s financial hub, announced on Monday that the UAE will launch its first digital currency by 2026.

Several Central Banks around the world have recently revealed similar plans and criticized the bitcoin.

The Central Bank of the United Arab Emirates has announced its goals, which include “issuing a digital currency and driving digital transformation in the UAE’s financial services sector, by utilizing the latest artificial intelligence and big data solutions”.

The announcement is part of its “2023-2026 strategy” which aims to “position it among the world’s top 10 central banks”, stated the Central Bank to state media.

Saudi Arabia and the United Arab Emirates have established a program for a common cryptocurrency for cross-border transactions in 2019.

The UAE has great tech goals, investing in AI, creating a space program, and having the regional headquarters of massive international digital companies.

[embedpost slug=”cryptocurrency-could-be-the-solution-for-the-financial-problems”]

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Great news for Pakistanis from Saudi Arabia

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Saudi Arabia

Saudi Arabia approves the Chinese vaccine for its visitors.

According to the report, visitors to Saudi Arabia must enter the vaccine data on the website.

Visitors to Saudi Arabia will need to be informed about the approved vaccines, including Sinovac, Sinopharm, Moderna Pfizer, and AstraZeneca vaccines.

Saudi Arabia reported 501,195 Covid-19 cases and 7,976 deaths to date.

[embedpost slug=”saudi-arabia-suspends-travel-to-uae-vietnam-and-ethiopia/”]

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Pakistan intends to further strengthen Saudi ties: minister

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Pakistan intends

ISLAMABAD: Pakistan values its all-friendly relationship with Saudi Arabia and intends to further strengthen it, a government official said on Wednesday. During a meeting with Ambassador of Saudi Arabia to Pakistan Nawaf bin Said Al-Malki, who called on him in his office, Federal Minister for Education, Professional Training and National Heritage Shafqat Mahmood expressed keen … Read more

Saudi Arabia suspends travel to UAE, Vietnam and Ethiopia

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Saudi Arabia suspends travel to UAE, Vietnam and Ethiopia

KARACHI: Saudi Arabia has suspended passenger movement to and from Ethiopia, the UAE and Vietnam, as concerns grow over the spread of new coronavirus variants, the Ministry of Interior announced on Saturday. Flights to and from the three countries will be suspended from Sunday, July 4, at 11:00pm, the ministry added. Anyone who arrives in … Read more

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