Saudi Gazette report RIYADH — The Saudi Red Sea Authority (SRSA) aims to develop a thriving coastal tourism sector in the Red Sea, contributing approximately SR85 billion to the GDP by 2030. This would capture 30 percent of the Kingdom’s leisure tourism and 40 percent of total entertainment spending, attracting …
Read More »Saudi benchmark index rises 114 points, crossing 12,000 mark again
Saudi Gazette report RIYADH — Saudi Arabia’s benchmark Tadawul All Share Index (ONE) closed 114 points (1 percent) higher at 12,027 points on Tuesday. The index was boosted by a 3.4 percent increase in the applications and technology services sector, after closing below 12,000 points for the previous three sessions. …
Read More »Aid official says Gazans in limbo as focus shifts to Lebanon
Civilians in Gaza continue to live in ramshackle shelters, struggle to find food and are gripped by uncertainty, according to the Red Cross, even as the Israeli military has shifted its focus to its Lebanon offensive. Large swaths of Gaza have been reduced to rubble since Israel launched its retaliatory …
Read More »Crown Prince reassures Cabinet about health of King Salman
Saudi Gazette report RIYADH — Crown Prince and Prime Minister Mohammed bin Salman reassured everyone about the health of Custodian of the Two Holy Mosques King Salman. Chairing the weekly session of the Council of Ministers in Riyadh on Tuesday, the Crown Prince expressed appreciation to everyone who inquired about …
Read More »Israel expands offensive against Hezbollah in south Lebanon
Israel ramped up its ground offensive against Hezbollah along the southern section of the Lebanese coast on Tuesday, deploying more troops and urging civilians near the Mediterranean to evacuate. The Hezbollah group said it fired rockets at the Israeli port city of Haifa, after the Israeli military reported 85 projectiles …
Read More »Qatari aid arrives Lebanon
In implementation of the directives of His Highness the Amir Sheikh Tamim bin Hamad Al-Thani, a team from the Qatar International Search and Rescue Group of the Internal Security Force (Lekhwiya) arrived in Beirut, Lebanon, to provide urgent humanitarian aid and relief.
Read More »15-year jail for 2 expats convicted of fraud involving SR22 million
Saudi Gazette report RIYADH — A Saudi court sentenced two expatriates to 15 years each in prison after their conviction of fraud involving SR22 million, according to the Public Prosecution. The court also imposed SR1 million fine on one of the convicts while the second one was fined with SR500000. …
Read More »Chinese Cinemas to screen Saudi films for the first time this month
Saudi Gazette report RIYADH — The Saudi Film Commission has announced the launch of Saudi Film Nights in China, the world’s largest cinema market, following the success of previous such events in Morocco and Australia. Chinese cinemas will be showcasing Saudi films for the first time. Special screenings will be …
Read More »Turkiye to evacuate nationals from Lebanon by sea on Wednesday
The evacuation of Turkish nationals, who have applied to leave Lebanon, will take place on Wednesday by sea, the Turkish Foreign Ministry said.In a statement, the ministry said two Turkish Navy ships with a total capacity of 2,000 passengers are expected to sail to Beirut on Tuesday.“Details of the evacuation …
Read More »Jeddah Mayoralty issues strict conditions for buildings on commercial streets
Saudi Gazette report JEDDAH — The Jeddah Mayoralty has issued strict terms and conditions for buildings on commercial streets in the city. According to the conditions, buildings located on commercial streets must not have windows that violate building regulations, and must not have openings in the compound wall that allow …
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