by Fahd Baqmi | Oct 22, 2016 | Business
Jeddah-The International Air Transport Association (IATA) expects 7.2 billion passengers to travel in 2035, a near doubling of the 3.8 billion air travelers in 2016. “Runways, terminals, security and baggage systems, air traffic control, and a whole raft of other...
by Fahd Baqmi | Oct 17, 2016 | Lifestyle & Culture
Jeddah – Saudi Arabia will host the Global Internet Forum and Exhibition, which highlights the Saudi government’s efforts in dealing with cybercrimes, the e-government and its mechanism concerning the 2030 Vision; the event will be held with the participation of...
by Fahd Baqmi | Oct 5, 2016 | Business
Jeddah- The Saudi Arabian Monetary Agency (SAMA) — Saudi Arabia’s central bank — reported an eight percent increase in gross loans approved by banks financing non-profitable government institutions and the private sector during August. August figures amounted to a...
by Fahd Baqmi | Oct 2, 2016 | Saudi Arabia
Jeddah – Saudi Turkish Cooperation Council revealed that it had begun discussing several agreements that were inked during the two-day visit of Crown Prince Mohammed bin Nayef to Ankara, which concluded on Friday. Head of the council Mazen Rajab told Asharq al-Awsat...
by Fahd Baqmi | Oct 1, 2016 | Business
Jeddah- Saudi customs recently barred clearance agents from dealing with hired brokers representing owners when processing imports and exports. The new regulation warns that all commodity release must be cleared in the presence of direct owners. The stepped up measure...