JEDDAH: Saudi Arabia and South Korea have jointly invested more than SR487 million ($129.8 million) in developing and designing compact-sized nuclear plants.

RIYADH: Saudi Arabia and Finland have agreed to boost cooperation in the health sector by enhancing knowledge sharing, capacity building, introducing new health technology and digital services.

RIYADH: Saudi Arabia and Spain have renewed their pledge to boost cooperation in several areas, especially in civil aviation, labor and social development, culture, science and technology, as well as the defense industries.

RIYADH: Saudi Arabia has announced plans to reduce its reliance on foreign workers by recruiting only highly-technical workers and monitoring investments closely.

RIYADH: A renowned professor of King Saud University (KSU) here has warned of radiation danger from cell phone towers,

RIYADH: Shoura Council will vote to approve a defense pact with Finland here on Monday. The Committee on Security Affairs of the Shoura Council will table the draft pact titled "Memorandum of Understanding between Saudi Ministry of Defense and Finnish Ministry of Defense" to be discussed by the members and then voted on the floor of the house.

RIYADH: German giant ThyssenKrupp has announced plans to expand its operations in the Middle East, which will create thousands of new jobs for Saudis and Gulf nationals.

RIYADH: Saudi Arabia's Yamama Cement Company signed an SR4.2 billion contract with Germany's ThyssenKrupp Industrial Solutions here Tuesday night to build two new cement plants. The production facilities with an overall capacity of 20,000 tons of clinker will be built at a new site around 80 kilometers east of the Saudi capital city of Riyadh.

RIYADH: Abdullatif Al-Othman, governor of the Saudi Arabian General Investment Authority (SAGIA), will travel to Russia with a huge business delegation Tuesday.

RIYADH: Arab and South American nations will seek to boost social, political and economic ties at their fourth summit starting Tuesday, said Custodian of the Two Holy Mosques King Salman on Monday.

RIYADH: Moving ahead with the process to complete a major upgrade to the data-center infrastructure, Detecon Al-Saudia is working closely to further increase its capacity while maintaining the high quality standards of the services provided in the Kingdom.

RIYADH: ThyssenKrupp Saudi Arabia Contracting Ltd. ranks today as one of the best global companies offering a range of industrial solutions, products and world-class technology.

RIYADH: Boeing, a US multinational giant that manufactures and sells airplanes, rotorcraft and satellites, has signed an agreement with Saudia Aerospace Engineering Industries (SAEI) and Alsalam Aircraft Company to establish the Saudi Rotorcraft Support Center in Saudi Arabia. The deal, announced here Thursday, will boost capabilities of the Kingdom in commercial and defense aviation sectors.

RIYADH: Turkish construction giant Yuksel Insaat has won a SR2.29 billion ‘Riyadh Rapid Bus Transit System’ (BRT) project, which is part of the impressive King Abdulaziz Transport System plan.

RIYADH: Mining giant Saudi Arabian Mining Company (Maaden) has been rated as one of the best world-class companies on various operational, projects, training and skill development and financial parameters with its asset base recording 14-fold increase; now exceeding $22.5 billion in total.

Comprehensive talks focusing on bilateral ties with special reference to the GCC-New Zealand free trade agreement and regional conflicts such as in Yemen took place during a meeting between Custodian of the Two Holy Mosques King Salman and New Zealand Prime Minister John Key on Tuesday.

Crown Prince Muqrin, deputy premier, bade farewell to the outgoing Indian Ambassador Hamid Ali Rao on Monday, affirming the keen desire of the Kingdom and India to further accelerate cooperation in the fields of politics, trade, economy and culture.

Fawri, a popular remittance wing of the leading bank of Saudi Arabia, Bank AlJazira (BAJ), has announced plans to open 60 model money transfer centers within next three years in an effort to maximize its reach among customers and to add new services to its portfolio.

Trade, manpower and political interaction have been the dominant factors in India’s relationship with Saudi Arabia, with the import of oil being a major component.

anube, a regional leader in construction, building materials and shop fitting industries, has announced plans to invest SR300 million into its Saudi operations in the coming years.