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  • Saudi Electricity Company Installs Over 10m Smart Electric Meters

    Smart meters are the company’s most important project towards digital transformation, and it is the pivot for its strategy aiming to raise the standard of services for the better, according to Sudairi. Smart meters are ruggedly built devices designed to withstand temperatures ranging from as high as 75° C to as low as -10° C. They are impervious to rainwater, dust, and humidity.

  • Saudi Air Force concludes Aces Meet 2021 exercise with Pakistan and US counterparts

    The Royal Saudi Air Force (RSAF) concluded a mixed air exercise with their US and Pakistani counterparts at the Mushaf air base in Pakistan's Punjab province, the Kingdom’s defense ministry said on Thursday. The “Aces Meet 2021” maneuvers concluded in the presence of Saudi Ambassador to Pakistan Nawaf bin Saeed Al-Maliki, the military attaché Maj. Gen. Awad bin Abdullah Al-Zahrani, and the commander of the Mushaf air base, Wing Commander Ali Naeem Zahoor.

  • Saudi MoF completes $57.8bn payment orders in first quarter of 2021

    The Ministry of Finance (MoF) finalized the disbursement procedures for all payment orders received from the public and private sector with a total value of SR217 billion ($57.8 billion) in the first quarter of 2021, according to a ministerial tweet. Expenditure for the public sector amounted to SR186 billion, while the same for the private sector reached SR31 billion, accounting for 99 percent of the total payments’ orders received.

  • Saudi FM meets Jordanian counterpart, reaffirms Riyadh’s support

    Saudi Foreign Minister Faisal bin Farhan delivered a message reaffirming Saudi support for Jordan, the Jordanian foreign ministry said on Tuesday, amid frictions between the king and his half brother Prince Hamza.

  • U.S. concerned by sentencing of Saudi aid worker: State Department

    The aid worker, Abdulrahman al-Sadhan, was reportedly sentenced to 20 years in prison followed by a 20-year travel ban, according to a statement from State Department spokesman Ned Price. “As we have said to Saudi officials at all levels, freedom of expression should never be a punishable offense,” he said.

  • US Mission to Saudi Arabia announces new women’s entrepreneurship program in partnership with Atlantic Council, AmCham Saudi Arabia, and Quantum Leaps

    Strong explained that “our companies view these partnerships as their own paths to success,” citing UPS’s Women Exporters Program with the General Authority for Small and Medium Enterprises (Monshaat), ExxonMobil’s Global Women in Management Program with the King Khalid Foundation, Lockheed Martin’s investment in STEM education programs in Saudi Arabia, and the PepsiCo Foundation’s Tamakani accelerator with INJAZ Al-Arab as examples.

  • Foreign investment licenses in Saudi Arabia rise 60% in the last quarter of 2020

    Saudi Arabia issued 466 investment licenses to foreign investors in the fourth quarter of 2020, a 60 percent jump on a year earlier, Asharq Business reported, citing Saudi government data. December was the busiest month, with 189 investment licenses issued. Foreign investment flows rose by more than 20 percent during the year.

  • Saudi Unemployment Falls in Fourth Quarter As Virus Slows

    Unemployment among Saudi nationals fell to 12.6% in the fourth quarter as coronavirus cases in the kingdom declined and business began to pick up. That compares to 14.9% in the third quarter. Joblessness among Saudi men reached 7.1%, while 24.4% of Saudi women were without jobs.

  • Extreme E starts this weekend in AlUla, Saudi Arabia

    Saudi Arabia is set to host Extreme E's first ever race, the Desert X Prix, on April 3 and 4 at the breathtaking destination of AlUla. Organisers today revealed the reasons behind their choice to launch the first ever season of the series from Saudi Arabia, highlighting its aim to address global issues such as desertification and sustainability.

  • Here comes $3 gas, just as Americans start traveling again

    The national average price of gasoline has climbed 47 straight days to nearly $2.89 per gallon, according to AAA. US drivers haven't experienced a $3 average price per gallon since 2014, though it came close in 2018 and 2019.