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Bangladeshi Man Commits Suicide, Jumps to Death at Makkah Grand Mosque

JUN 15, 2018: Days after a Frenchman committed suicide by jumping off the rooftop of Makkah’s Grand Mosque, a Bangladeshi man repeated the same episode as he threw himself to death from the first floor of the holy mosque on Thursday. A Sudanese man received serious fractures and injuries after the Bangladesh national fell on him in the Kaaba circumambulation area where worshippers were praying on Wednesday, The Gulf News reported. The injured was taken to the nearby Ajyad Hospital then to Noor Hospital for treatment, according to local mediaRead More

Food Wasted in Saudi Arabia (SR49Bn) Exceeds VAT Proceeds It Estimates to Collect This Year

JUN 11, 2018 — The Saudi Kingdom has launched a national program to crack down on food waste after shocking figures estimated the cost of wastage at $13.3 billion (SR49 billion) a year . The yearly squandering of food amounts to a third of the country’s food production, and nearly 36 percent of its 2018 projected budget deficit of SR137 billion. The amount also exceeds by a factor of 2 the estimated SR23 billion in annual VAT proceeds the Kingdom expects to collect this year. The whopping figure puts SaudiRead More

Saudi Aramco Separates Non-Oil From Core Oil Assets, Makes Green Energy Push Ahead of IPO

The oil giant’s Green Energy push with investments of as much as $5 billion is being seen by investors as widening the appeal of the IPO. Jun 4, 2018 (BE2C2) — Saudi Aramco has created a subsidiary to house its multibillion dollar pension fund and could spin off its aviation division, as it restructures some assets not related to oil and gas ahead of its planned initial public offering (IPO) in 2019. The move is designed to streamline Aramco’s operations and could make it easier to value since its businessRead More

Lakes Appear in Empty Quarter Desert Where Many Secrets, Resources Remain Buried Under the Sands

Last year oil giant Saudi Aramco announced it is using new technology to re-explore the Empty Quarter, which could help to bolster its proven reserves of oil and gas before the company offers its shares to the public. Jun 2, 2018 (DESPARDES/PKONWEB) — CYCLONE Mekunu has turned parts of the arid Rub’ Al-Khali desert, also known as the Empty Quarter, into freshwater lakes, in a rare phenomenon that has not happened in nearly 30 years. Rainwater fell and gathered in different parts of the desert, such as Al-Khareer, Thabltoun andRead More

Saudi Arabia To Exclude German Firms From Government Tenders

May 27, 2018 (BE2C2) — Saudi Arabia has ordered that no more government contracts be awarded to German companies, in a sign of continued irritation over Berlin’s foreign policy in the Middle East, German magazine Der Spiegel and the Middle East Economic Digest (MEED) report. Citing no sources, it said the move was likely to hit major companies such as Siemens, Bayer and Boehringer Ingelheim as well as carmaker Daimler. Relations between Germany and Saudi Arabia have been strained, and Saudi Arabia last year summoned its ambassador in Germany homeRead More

Solar Power: The New Saudi Oil Which Could Lead Region’s Energy Supply Chain By 2030

Venture may cost $200 billion, add 100,000 jobs in the kingdom; Plan envisions 200GW of solar capacity in Saudi Arabia by 2030 — i.e. half of the world’s 400 gigawatts of combined solar energy supplied last year. May 18, 2018 (BE2C2) — Recently, Saudi Arabia and Japan’s SoftBank announced the world’s biggest solar power generation project. The announcement has drawn unprecedented global attention to the memorandum signed between the two, The MoU seeks to build the world’s largest solar power project in Saudi Arabia at a cost of $200 billion.Read More

Careem Gets Its First Female Driver in Saudi Arabia

The 43-year-old Careem’s ‘Captainah’ learned how to drive in her native Syria; Uber also has a plan to open “one-stop-shop” facilities dedicated to recruiting future female drivers, or “partners”, as the company calls them. May 17, 2018 (BE2C2) — Dubai-based Careem, the Middle East’s fastest expanding ride-hailing firm has hired Enaam Gazi Al-Aswad as its first female driver in the kingdom of Saudi Arabia. Enaam was selected from among around 3,000 women looking for employment with the company as the Kingdom prepares to allow women behind the wheel starting JuneRead More

Saudi Arabia Will Seek To Develop Its Own Nuclear Weapons If Iran Does: FM Al-Jubeir

May 10, 2018 (DESPARDES/PKONWEB) — Saudi Arabia will seek to develop its own nuclear weapons if Iran does, Foreign Minister Adel Al-Jubeir told CNN on Wednesday. “If Iran acquires nuclear capability we will do everything we can to do the same.” Jubeir’s renewed vow came after US President Donald Trump pulled the United States out of an accord designed to prevent Tehran’s alleged quest for the bomb. The Saudi Foreign Minister welcomed Trump’s decision to withdraw from the 2015 Joint Comprehensive Plan of Action (JCPOA), a landmark nuclear agreement stillRead More

Can’t Believe This Was Riyadh Last Night: Pop Singer Asim Azhar

May 9, 2018 (DESPARDES/PKONWEB) — Pakistani singer and actor Asim Azhar held a live open air concert to a jamp-packed youth crowd on May 4 in Saudi capital Riyadh, before heading for Umrah with his mother. It was Azhar’s first ever live performance in the Kingdom. Can’t believe this was Riyadh last night..❤️ nothing but LOVE for you 🇸🇦 Azhar tweeted. Can't believe this was Riyadh last night..❤️ nothing but LOVE for you 🇸🇦😘 — Asim Azhar (@AsimAzharr) May 5, 2018 As soon as the concert was over, theRead More

U.S. Firm to Provide Saudi Arabia, Kuwait With Abrams Tank Parts

May 5, 2018 — The governments of Saudi Arabia and Kuwait will receive M1A2 Abrams tank hardware in a new U.S. government contract with ContiTech USA. The deal was announced Wednesday by the U.S. Department of Defense. More than $23.9 million will be obligated to ContiTech USA under the terms of a firm-fixed-price foreign military sale contract that will see the two countries receive “complete rolls of shoe track assemblies for the M1A2 Abrams battle tank.”. The Abrams is said to be the most lethal land warfare platform, battle-tested inRead More

Toy Drone Shot Down Over Restricted Area in Riyadh

April 22, 2018 — Saudi police shot down an unidentified remote-controlled drone Saturday night after it was detected flying over a restricted area in capital Riyadh without a security clearance. The drone, believed to be a toy, was intercepted by officers at Al Khuzama police station, a spokesperson for the Riyadh Police Department said. The police unit acted immediately and in accordance with relevant security instructions, and the authorities have launched an investigation into the incident, the spokesperson said. Security forces said they had shot down a recreational drone inRead More

Pakistan Investment Seminar in Riyadh Aims to Attract Saudi Investors, Entrepreneurs

(BE2C2) — Pakistan’s Board of Investment (BOI) in association with the embassy and its commercial section in Riyadh is holding a day-long seminar at the Council of Saudi Chamber of Commerce in Kingdom’s capital. Mr. Naeem Y. Zamindar, Minister of Sate/Chairman Pakistan Board of Investment is leading a 35-member delegation of prominent businessmen and public sector representatives to this seminar. The event aims to attract public and private investments in Pakistan from the Kingdom and vice versa. The country’s ambassador Khan Husham bin Siddique was one of the keynote speakersRead More

U.S. Navy Awards Contract To Boeing For Standoff Land Attack Missiles For Saudi Arabia

(DESPARDES/PKONWEB) — Boeing has been awarded a contract by the U.S. Navy for standoff land attack missiles to support Saudi Arabia, a major ally for the US in the Middle East region. The deal, announced Tuesday by the Department of Defense, is valued at more than $64 million under the terms of a cost-plus-incentive-fee contract. The agreement enables Boeing to “restart” the AGM-84 Standoff Land Attack Missile production line and expand the production process to the benefit of Saudi Arabia, said a Pentagon press release. Additionally, the contract calls forRead More

Pakistan Envoy to Saudi Thanks OIC Secy Gen For Statement On Kashmir Violence

(PKONWEB) — The Pakistani Ambassador to Saudi Arabia Khan Hasham bin Saddique called on Secretary General Dr. Yousaf A. Al-Othaimeen on Wednesday at the Organization of Islamic Cooperation (OIC) secretariat in Jeddah. Amb. Saddique thanked the Secretary General for his statement on recent violence by the Indian forces against innocent Kashmiris and for condemning the acts of aggression. The Ambassador briefed the Secretary General on current situation in Indian-held Kashmir and the atrocities being committed by Indian security forces. He said Kashmir and Palestine are two of the major andRead More

American Theater Company Issues License For Cinemas In Saudi With ‘Black Panther’ As The Opening Film

(DESPARDES/PKONWEB) — During Saudi crown prince Mohammad bin Salman’s visit to Los Angeles on Wednesday, the American Theater Company (AMC) will issue the first license to operate cinemas in the Kingdom, Okaz reported on Tuesday. In a related note, Black Panther will be the opening film for first Saudi cinema in 35 years– the Kingdom’s cinemas were shut down in the 1970s. The Marvel blockbuster will be screened at a gala premiere in the capital Riyadh on 18 April. Black Panther has dominated the box office since its release onRead More

How One American University Penetrated Saudi Arabia’s Financial Elite

JOE McGRATH — Where money meets power in this arid desert monarchy, Stanford University has sway. The U.S. institution laid groundwork decades ago for the deep ties it has constructed in Saudi Arabia. Then the network effect took over. In the kingdom’s business community, Stanford has become the ultimate brand. And as a new generation of Saudis aspire to build a profoundly different future for their country, they are taking lessons from the school of Silicon Valley. The kingdom has been under a spotlight for the past two years. InRead More

Month Long EU Day Celebrations Begins In Riyadh

A month long celebrations to mark the EU Day was flagged off with a Children’s Book Fair at the King Fahd Cultural Center in Riyadh on Thursday. Highlighting the events that are lined up in the Kingdom at a press conference held at the headquarters of the EU Delegation, its head Ambassador Michele Cervone D’Urso, said the whole idea of the program is to have people-to-people contact between Saudi Arabia and the EU countries. “ It’s an attempt to scale up dialogue between the peoples of the EU and theRead More

Huge Sandstorm Blankets Saudi Capital Riyadh

(PKONWEB Report) — A sandstorm blown by gusting winds enveloped a huge area of the Saudi capital on Friday evening keeping people indoor to avoid traffic snarls on the roads. The Directorate of Civil Defense in Riyadh region has urged everyone to be cautious, after receiving an advanced alert from the Presidency of Meteorology and Environment , (PME) indicating that parts of the region will be affected by active surface winds, which will raise the dust and limit visibility, report local media. The media spokesman of the civil defense inRead More

Residential Rent Continues to Drop in Saudi Arabia as Expat Families Leave

The rent for residential units in Saudi Arabia continues to decrease since the downward trend began about six months ago when the exodus of expatriate families started following the imposition of dependent levy,

Britain to Sell 48 Typhoon Jets to Saudi Arabia

The New York Times report that Britain on Friday– the last day of Saudi crown prince’s 3-day visit to the UK, approved the sale of 48 highly advanced fighter jets to the Kingdom.