Two Gulf Aircraft Involved in ‘Minor Incident’ At Dubai Airport

The tail of a Gulf Air passenger aircraft was hit by another plane at Dubai International Airport on Thursday, Bahrain’s state news agency BNA reported, in what a Dubai Airports spokesperson described as a minor incident. UAE General Civil Aviation Authority said on Thursday in a statement, ‘This morning a minor collision occured between two … More Two Gulf Aircraft Involved in ‘Minor Incident’ At Dubai Airport

Sultan Of Oman To Visit Saudi Arabia On Sunday

Sultan Haitham bin Tariq of the Sultanate of Oman will make a two – day official visit to Saudi Arabia on Sunday after he received an invitation from Custodian of the Two Holy Mosques King Salman bin Abdulaziz, the Saudi Press Agency (SPA) reported. The visit comes within the framework of strengthening the historical and … More Sultan Of Oman To Visit Saudi Arabia On Sunday

238 Quarantine Violators Arrested In Saudi Arabia’s Eastern Province

Authorities in Saudi Arabia’s Eastern Province have arrested 238 people for breaching isolation and quarantine rules after contracting the coronavirus disease. The region’s police spokesman, Lt.Col. Mohammed bin Shar Al – Shehri, said security organizations monitoring preventive measures had also held other people for violating mandatory quarantine imposed on them when entering the Kingdom. Preliminary … More 238 Quarantine Violators Arrested In Saudi Arabia’s Eastern Province

Saudi Arabia Launches First – Ever Space Science Scholarship Program To 30 Universities

Saudi Arabia has launched its first – ever scholarship program to sent students who want to study space sciences to renowned universities around the world, the Kingdom’s Space Commission announced on Wednesday. Saudi Arabian male and female students will have the opportunity to study space science is one of the top 30 global universities and … More Saudi Arabia Launches First – Ever Space Science Scholarship Program To 30 Universities

Airline Body IATA To Open Saudi Office But Denies It Will Be Regional HQ

Saudi Arabia said on Wednesday that global airlines industry body IATA had agreed to open a regional headquarters in Riyadh but the industry’s main trade association denied it woul be a regional base in the latest evidence of sensitivities over the status of foreign business representation in the kingdom. The General Authority of Civil Aviation … More Airline Body IATA To Open Saudi Office But Denies It Will Be Regional HQ

Saudi Non – Oil Sector Employment Rises Amid Steady Growth

Saudi Arabia’s non – oil private sector continued to expand in June at a fast rate and job creation rose to a 19 – month high, a survey showed, as the largest Arab economy recovers from the coronavirus crisis. The seasonally adjusted IHS Markit Saudi Arabia Purchasing Manager’s Index (PMI) stood at 56.4 in June, … More Saudi Non – Oil Sector Employment Rises Amid Steady Growth

UAE’s Abu Dhabi Updates COVID-19 Travel Procedures

Citizens and residentes of Abu Dhabi arriving in the emirate from abroad will have to take two coronavirus PCR tests, on arrival and on day 11, and quarantine for 12 days, the Emergency, Crisis and Disasters Committee said on Sunday. Arrivals from green list destinations will only take PCR tests on arrival and on days … More UAE’s Abu Dhabi Updates COVID-19 Travel Procedures

Saudi Regulator Gives Green Light For ACWA Power IPO

Saudi Arabia’s Capital Market Authority said on Wednesday it has approved an initial public offering of an 11.1 stake in ACWA Power, a listing that has been expected for years. ACWA Power, which delayed IPO plans in 2018, leads a consortium that will build and operate renewable power – based utilities at Saudi Arabia’s flagship … More Saudi Regulator Gives Green Light For ACWA Power IPO

Qatar Receives New Saudi Ambassador As The Two Mend Relations

Qatar’s foreign minister on Monday received the new Saudi Ambassador to Doha, the first to be reinstated by Arab states after they agreed to end a dispute with Qatar earlier this year, state news agency QNA said. Saudi Arabia, the United Arab Emirates, Egypt and Bahrain resolved in January to lift the boycott imposed in … More Qatar Receives New Saudi Ambassador As The Two Mend Relations

MIDEAST STOCKS Saudi Bourse Underperforms Major Gulf Markets, Qatar Gains

Most major stocks markets in the Gulf ended lower on Sunday, with the Saudi index leading the losses, although Qatar bucked the trend to close higher. The benchmark index (.TASI) in Saudi Arabia, fell 0.6% with Al Rajhi Bank and petrochemical firm Saudi Basic Industries dropping 1.8% each. The kingdom’s April crude oil exports fell … More MIDEAST STOCKS Saudi Bourse Underperforms Major Gulf Markets, Qatar Gains