RIYADH: In a major move to address the housing shortages, the Ministry of Housing has teamed up with Banque Saudi Fransi (BSF) to sign an agreement between the state-owned Real Estate Development Fund (REDF) and the BSF for housing finance.
Retail giant Basicxx opened its flagship store in Riyadh’s fashionable Haiul Yarmuk district defying all talk of recession in the Gulf region. The new store, in a big box format, brings together some of the most exciting international fashion concepts and has a gross floor area (GFA) of 1,800 square meters with adequate parking facilities.
RIYADH: Indian ghazal virtuoso Mohammed Vakil will perform live in the Saudi capital on Feb. 17.
RIYADH: Estimating more than SR150 billion of remittances sent from the Kingdom in 2016, a top Saudi banker here on Saturday has ranked the country as one of the top remittance-sending nations in the world.
RIYADH: Saudi Arabia, which was re-elected to the UN Human Rights Council in October, began its three-year term at the council Sunday amid instability and turmoil in the Middle East. The Kingdom’s UNHRC term will end on Dec. 31, 2019.
RIYADH: King Salman has condemned the terror attack in Turkey that killed at least 39 people at a night club, calling the shooting a “cowardly terrorist act.”
RIYADH: A cross section of Saudis and expatriates said here Sunday that they are entering 2017 with hope of better opportunities rather than fear and despondency.
RIYADH: A plan to map out and implement a media strategy to fight terrorism was given the green light by a high-profile conference of the information ministers of the Organization of Islamic Cooperation (OIC) in Jeddah on Wednesday.
RIYADH: As part of a move to impose tighter restrictions on foreigners willing to marry Saudi women, the Saudi government has made it mandatory for foreign nationals to undergo drug testing before marriage.
RIYADH: The Kingdom’s newly designed currency will go into circulation on Dec. 26 in denominations of SR500, SR100, SR50, SR10 and SR5 with coins of different values including SR2 and SR1.