Israeli airstrikes kill 14 across Gaza, medics say Israel’s military is pushing on with offensive in northern Gaza Residents and displaced families told to head south, they say Israeli military strikes killed at least 22 Palestinians across the Gaza Strip on Wednesday, as Israeli forces deepened their incursion into Beit …
Read More »PIF to sell 2% stake in stc via accelerated book-building
Saudi Gazette report RIYADH — Public Investment Fund (PIF) announced on Wednesday the offering of a 2% stake in Saudi Telecom Company (stc), amounting to 100 million shares, through an accelerated book-building process. The shares will be available to qualified institutional investors both locally and globally. In a joint statement …
Read More »Cityscape Global 2024: Saudi real estate sector booms with SR180 billion in new projects
Saudi Gazette report RIYADH — Minister of Municipalities and Housing Majid Al-Hogail announced significant growth in Saudi Arabia’s real estate sector at the opening of Cityscape Global 2024, the Kingdom’s largest property event themed ‘The Future of Living.’ “The number of local real estate developers participating this year has doubled …
Read More »SAMA issues rules for opening electronic wallets
Saudi Gazette report RIYADH — The Saudi Central Bank (SAMA) has issued the final version of “E-Wallet Rules” as part of its supervisory and regulatory role over Electronic Money Institutions (EMIs). The rules included provisions and obligations related to opening electronic wallets, verification of clients’ identities, and considerations for classifying …
Read More »11 million amphetamine pills seized at Jeddah port
Saudi Gazette report JEDDAH — The General Directorate of Narcotics Control foiled an attempt to smuggle in huge cache of drugs at the Jeddah Islamic Port. The directorate officials, in coordination with the Zakat, Tax and Customs Authority, seized 11,934,000 amphetamine pills, hidden inside a container of gypsum board building …
Read More »198 new sites documented in the National Antiquities Register
Saudi Gazette report RIYADH — The Saudi Heritage Commission announced on Wednesday the approval of the registration and documentation of 198 new archaeological sites in the National Antiquities Register. This brings the total number of registered archaeological and historical sites to 9,317 sites, which embody the comprehensiveness and diversity of …
Read More »Saudi, Indian foreign ministers co-chair Cooperation Committee meeting in New Delhi
Saudi Gazette report NEW DELHI — Saudi Minister of Foreign Affairs Prince Faisal bin Farhan and his Indian counterpart Dr. Subrahmanyam Jaishankar co-chaired the second meeting of the Ministerial Committee on Political, Security, Social, and Cultural Cooperation in New Delhi on Wednesday. The ministerial committee was established under the Saudi-India …
Read More »Prince Faisal: Saudi-India Strategic Partnership Council ushers in a new era of cooperation
Saudi Gazette report NEW DELHI — Saudi Minister of Foreign Affairs Prince Faisal bin Farhan and his Indian counterpart Dr. Subrahmanyam Jaishankar co-chaired the second meeting of the Ministerial Committee on Political, Security, Social, and Cultural Cooperation in New Delhi on Wednesday. The ministerial committee was established under the Saudi-India …
Read More »Saudi Joint Forces Commander meets with UN envoy for Yemen
Saudi Gazette report RIYADH — Commander of the Joint Forces Lt. Gen. Fahd Al-Salman met with the Special Envoy of the Secretary-General of the United Nations to Yemen, Hans Grundberg, in Riyadh. They reviewed efforts and initiatives by Saudi Arabia with the aim of achieving security, stability and peace for …
Read More »South Korean actor Song Jae Lim found dead at 39
SEOUL — South Korean actor Song Jae Lim, known for his breakout role in the K-drama The Moon Embracing the Sun, was found dead on Tuesday in his Seoul home. The 39-year-old, who began his career as a model, rose to prominence in the period drama in 2012, before going …
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