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S&P : Oman will meet its funding needs of $50 billion between 2020 and 2023
man will meet its funding needs of $50 billion between 2020 and 2023 raising 63 percent of it through external debt issuance, according to S&P Global Ratings. The rating agency said on Monday it expected Oman to raise the remaining 18.5
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UAE to cut oil output by 100,000 bpd in June
The UAE will voluntarily cut its oil output by 100,000 barrels per day in June in a bid to back Saudi Arabia's efforts to rebalance the world oil market, said Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy and
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Saudi Arabia records 1,966 new cases
Saudi Arabia’s confirmed coronavirus cases continue to increase with 1,966 new cases confirmed on Monday, while the death rate has slightly dropped to 0.6 percent, according to the health ministry. The death toll has increased to 255 after
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No tolerance for extremism, says Saudi education minister
There is no tolerance in Saudi schools and universities for extremist thought, literature or teaching, Education Minister Dr. Hamad bin
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Saudi Arabia’s aid agency provides drinking water to Yemenis
The King Salman Humanitarian Aid and Relief Center (KSRelief) continues to carry out water and environmental sanitation projects in various parts of
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Saudi Arabia urges digital transformation to revitalize Arab cultural sector
Saudi Deputy Culture Minister Hamed bin Mohammed Fayez on Monday attended a virtual meeting of Arab culture ministers organized by the Arab
Read MoreOver 19k criminal court sessions held online in Saudi Arabia
Over 19,000 criminal court sessions were held remotely as part of the measures taken in the wake of the coronavirus disease (COVID-19) outbreak. According to a report issued by the Justice Ministry, since the beginning of online sessions, 2,200
Read MoreGatherings blamed for hike in COVID-19 cases in Saudi Arabia
Saudi Health Ministry’s spokesman has attributed the increase of COVID-19 cases among children and women to social gatherings. A total of 22 percent of Monday’s recorded cases were women and 7 percent were children. “The
Read MoreSaudi ministry announces nine new coronavirus deaths
The Saudi health ministry has recorded nine new deaths from COVID-19, raising the total toll in the Kingdom to 255. The ministry urged residents Monday to stay home to avoid infection. It registered 1,966 new cases, mostly in the
Read MoreSaudi ministry launches flexible work system
The Ministry of Human Resources and Social Development has launched the “flexible work system” targeting private-sector Saudi individuals and facilities. The new system will allow flexible contractual regulation to help job seekers
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