RIYADH, May 5- Governor of Saudi Arabian Monetary Agency (SAMA) Hamad Al-Sayyari has announced the implementation of a fast and innovative financial transaction system to facilitate interbank payments and settlements through SAMA This Electronic Funds Transfers (EFT), he said, will be launched on May 14, and will immediately go live to perform all its functions.

A beautiful all-round display with the bat and the ball by skipper Owais Ahmed guided Carrier to a crushing eight wickets victory over Meezan Spices in the Arab News Cup which is being played under the supervision of Riyadh Cricket League (RCL) at the Sulley ground here.

RIYADH, April 30- A prominent American Islamic organizer has urged Arab and Muslim states to boycott business with U.S. sportswear giant Nike, saying that the American company has used the Arabic word "Allah" on its shoes, which are being sold across the U.S. and several other countries.

RIYADH, April 27- A family in Riyadh is trying to enter the Guinness Book of World Records and India's own version, the Limca Book of Records, for having nine members who are doctors.

RIYADH, April 21- A World Health Organization (WHO) report has revealed that the average life span of individuals in Saudi Arabia has increased to 76 years. The study conducted by health institutions associated with WHO has attributed the increase to the overall development of the Kingdom.

RIYADH, April 20- Senior officials from GCC countries and Saudi Arabia will attend the Arab International Intellectual Property Conference, which will be opened by Bahraini Prime Minister Khalifa ibn Salman Al Khalifa in Manama tomorrow. This conference will look at new ways to help the owners of intellectual property protect their rights.

RIYADH, April 19 - The Ministry of Industry and Electricity has launched multi-million-riyal power projects for the two Holy Cities of Makkah and Madinah and for Jeddah.

RIYADH, April 7- The Ministry of Industry and Electricity, which has embarked on a major drive for rural electrification, has announced that it has provided electricity to over 6,505 villages in the Kingdom.

RIYADH, March 31 - A senior official of the Riyadh's King Saud University (KSU) has announced plans to introduce the teaching of several new languages and to upgrade diploma courses to bachelor-level in all the 11 languages taught at the Collage of Languages and Translation COLT)

RIYADH. March 24- Commissioner General of the U.N. Relief and Works Agency (UNRWA) for Palestinian refugees Peter Hansen. currently in the Kingdom, has voiced grave concern over the fate of ruler and rehabilitation operations for Palestinian refugees.

RIYADH- A cross-section of prominent speakers, who are currently participating in the weeklong Janadriya symposium entitled "Islam and the West", have called upon Muslim, Arab and Christian scholars to initiate more constructive and meaningful dialogue to narrow their differences and educate the masses on this important subject.

RIYADH, March 6- Prince Charles addressed a symposium on "Islam and the West" here tonight, calling for efforts to continue to "make the world a better place." Germany's Deputy Foreign Minister Helmut Schafer also spoke and called on European nations to follow examples of religious tolerance.

RIYADH, Feb. 24 - A thrilling and exciting result was witnessed as Meezan Spices thanks to an all-around show by Garry Casson recorded a narrow eight runs victory over their counterpart Mehran in the opening match of the first Arab News Cup cricket tournament which got off to a colorful start here. With last minute slight change to the earlier schedule due to opening ceremony formalities, it was decided by Riyadh Cricket League (RCL) to play only one encounter on the first day, said Abu Fahim, the communication secretary of the capital city cricket body.

RIYADH, Feb. 1- Senior officials from GCC countries and Saudi Arabia will attend a high-profile Arab International Intellectual Property Conference in April this year. The move is intended to look at new ways in which owners of intellectual property can protect their rights and profits, and work out how a government can shield its economy from harm.

RIYADH, Jan. 20- A senior Filipino diplomat said here today that Saudi Arabia and the Philippines have planned to impose tighter restrictions on the deployment of Filipina maids. He, however, ruled out the rumors regarding proposals to phase-out Filipina maids from the Gulf countries including Saudi Arabia.

RIYADH, Jan. 18- The Islamic Development Bank (IDB) has undertaken a comprehensive study to examine proposals for setting up shipping links between Islamic countries.

The miswak (chewing sticks) are commonly used in Ramadan. Be it a four-year-old child or an adult on the wheels of a racing car, or an old man in his eighties in the Kingdom, it is very familiar sight to see them holding miswak either in their hands or clinging these to their teeth. It's neither a convention nor a myth! Its use has, rather, great religious, medical and cultural values.

RIYADH, Jan. 12 - A sister and brother of the suspected Filipino murderer Bernie Morante will shortly arrive in Saudi Arabia, and in conjunction with the Philippine Embassy, will seek clemency for Morante if he is formally charged with the murder of a U.S. couple.

RIYADH, Jan. 10 - In a major move to phase out tens of thousands of expatriate’s workers from the Gulf countries, the GCC General Secretariat said that Saudi Arabia has expressed its readiness to implement the GCC leaders' decisions to facilitate movement and employment of Gulf nationals among GCC member states.

RIYADH, Jan. 6- A high-level meeting of Saudi and Omani officials began here today to discuss and review issues pertaining to the border demarcation agreement, signed between the two countries on July 10, 1995. The meeting will discuss the security situation in the border area on a priority basis.