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Monthly Archives
Based on the keenness of Saudi Authority for Intellectual Property to regulate, support, develop, sponsor, protect, enforce and upgrade intellectual property fields in the Kingdom in accordance with the best international practices, It is currently developing an executive rules for the compulsory licensing of patents, In accordance with its competence…
Saudi Arabia is planning to buy large volumes of American natural gas for the first time, signaling a new strategy for its state-owned company Saudi Aramco and the growing importance of the United States as an energy exporter. Saudi Arabian Oil Co; Aramco, said Wednesday it would buy 5 million…
Raising the rate of value-added tax (VAT) can help Saudi Arabia boost its revenues and achieve fiscal targets, ccording to the International Monetary Fund (IMF) Mission Chief for Saudi Arabia and Assistant Director in the Middle East Department Tim Callen. “In our view, Saudi Arabia will need to implement further…
The State of Kuwait has welcomed the call by the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud to hold an emergency Arab summit in Makkah.The Permanent Delegation of the State of Kuwait to the League of Arab States said today that as soon as it…
The Kingdom of Saudi Arabia stressed that illicit financial flows continue to pose a major threat to the financial stability of states and achieving their national goals for sustainable development. This came in the Kingdom’s speech before the United Nations during the High-Level Meeting on International Cooperation to combat Illicit…
The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud chaired the Cabinet’s session held at Al-Salam Palace in Jeddah today. At the beginning of the session, the Custodian of the Two Holy Mosques briefed the Cabinet on the contents of a telephone call he made to…
Speaker of the Federal National Council of the United Arab Emirates (UAE) Dr. Amal bint Abdullah Al-Qubaisi has expressed her thanks and appreciation to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy…
U.S. stocks rose significantly Tuesday. The Dow Jones industrial average rose 207.06, or 0.8 percent, to 25,532.05. It was its biggest daily gain in a month. Twenty-five of the index’s 30 components advanced, led by Dow Inc., which jumped 3 percent. Visa surged 1.8 percent, while Caterpillar and Boeing climbed…
In collaboration with the University of Leeds in United Kingdom, Aramco’s Exploration admin area introduces an additional innovative approach to postgraduate development in addition to its regular out-of-Kingdom Advanced Degree Program (ADP). “While Exploration is still benefiting from the ADP opportunity offered to the organization through Training and Development, additional…
Advisor to the Royal Court and Supervisor General of King Salman Humanitarian Aid and Relief Center (KSrelief) Dr. Abdullah bin Abdulaziz Al-Rabiah received here today the head of the ruling party of the Republic of Mauritius, Shaukat Ali Soudhan currently on a visit to the Kingdom. During the meeting, Dr.…
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