A three year agreement between the UAE and Oxford University in the UK, will see Emirati officials, employees and students trained in artificial intelligence skills. The agreement signed by by Omar bin Sultan Al Olama, the UAE’s Minister of State for artificial intelligence and Roger L Michel, founder and executive Read More
Dubai Media Office and TECOM Group have jointly announced X-Stadium, the region’s first dedicated esports stadium. The joint initiative will establish Dubai as a regional and global hub for hosting video gaming events. Dubai already has a large fan base for esports, with tournaments previously held across the UAE including Read More
Saudi Arabia has received bids for the first wind-power project it put out to tender to international companies. The bidders for the 400-megawatt project are ACWA Power, the renewable energy units of European utilities Electricite de France and Ene, and Engie’s International Power. Saudi Arabia, plans to develop 9.5 gigawatts Read More
New plans have been announced to give more travellers a visit visa when they arrive at any UAE airport. The moves aims to encourage them to explore the country and boost tourism spending. The UAE Cabinet made the announcement on Sunday, as part of a broader plan to encourage transit Read More
Image source: Arabian Business Saudi Arabia’s Crown Prince arrived in Madrid on Wednesday for the last stop of his world tour. Maria Dolores Cospedal, Spain’s defence minister, welcomed Prince Mohammed bin Salman, who also controls the economic policy for the world’s top oil exporter, at Torrejon de Ardoz near Madrid. Read More
Saudi Aramco have agreed to develop a giant refinery on India’s west coast with 3 state-owned Indian oil companies. The refinery is located 215 miles south of Mumbai and will cost $44 billion to build and will be capable of processing 1.2 million barrels of crude oil per day, Aramco Read More
Saudi state-owned company, Saudi Aramco and French oil giant Total have agreed to build a petrochemical complex in Jubail in Saudi Arabia. The companies announced the deal on Tuesday during Crown Prince Mohammed bin Salman’s official visit to Paris. The complex is expected to be operated in an oil refinery Read More
Saudi culture minister says a selection of short films will be submitted at Cannes Following on from the recent lifting of the ban on cinema, Saudi has further cemented its updates by announcing its debut attendance at the Cannes Film Festival. The new established Saudi Film Council, will launch internationally Read More
Saudi youth are ill-prepared for the workforce and additionally, not able to acquire on-the-job experience in the private sector to boost their resumes. With the unemployment rate in Saudi Arabia currently around 12% and the need for private sector companies to reach their Saudization quotas, this is the perfect opportunity Read More
Prince Mohammed bin Salman will meet King Felipe VI in Madrid on Thursday. The Prince’s trip to Spain will follow on from a two-day official visit to France. Spain and Saudi Arabia’s royal families are very close due to King Felipe VI’s father, Juan Carlos close friendship with the Read More
The Crown Prince arrived in France on yesterday for the next leg of his global tour. Prince Mohammed bin Salman will meet with President Emmanuel Macron during his two-day official visit starting today. The French trip follows a successful US tour where the Prince visited five states, met with four Read More
State-owned Saudi Aramco is expected to announce the initial stages of a multibillion-dollar chemical plant in Texas, said sources familiar with the company’s US operations. Saudi Aramco have been considering an expansion of its’ US subsidiary Motiva Enterprises LLC’s Port Arthur, Texas refinery, already the largest in the United States Read More
Snap is in advanced talks to open an office in Saudi Arabia, positioning the social media company to be a first-mover with most social media and new tech companies maintaining offices in Dubai. This move would make Snap one of the first Western social media companies to establish a physical Read More
Saudi Arabian authorities announced that they would trade local currency government bonds on the Saudi Stock Exchange from April 8, in an effort to stimulate secondary marketing trading of debt and strengthen state finances. The Capital Market Authority said that over SAR204.4 billion riyals ($54.4 billion) would be available to Read More
Saudi Arabian authorities fast pace of change to implement market reforms Saudi Arabia stocks to be included in phased timeline, beginning March 2019 Saudi Arabia will be the largest market in the Middle East – c 2.7% of FTSE Emerging Index Saudi Aramco IPO on Tadawul Exchange would increase weighting Read More
The Ministry of Human Resources and Emiratisation has announced the postponement of the new requirement The UAE announced yesterday that they are postponing the mandatory requirement for a good conduct certificate for new employment visas from April 1 until further notice. “The Cabinet has issued a decision temporarily suspending the Read More
Saudi Arabia are building the world’s largest solar power project, valued at $200 billion. The project was announced on Tuesday, a partnership between Saudi Arabia and Japanese tech giant SoftBank. The project is expected to be completed by 2030 and will reach capacity of 200 gigawatts, report SoftBank Chief Executive Read More
The Saudi Arabian public and private sectors are currently transforming, aligned with the Vision 2030 objective to increase the private sector GDP contribution from 40 to 65 percent. Congruently, the government have created reform plans such as the National Investment Plan (NIP) and the privatization plan to transfer the control Read More
Saudi Arabia, a country known for their oil-based economy and conservative views, is transforming into a modern and innovative country. The reforms reshaping their economy and society are a result of King Salman’s Vision 2030. Vision 2030 is built on 3 pillars – a vibrant society, a thriving economy, and Read More
New plans have been announced to give more travellers a visit visa when they arrive at any UAE airport. The moves aims to encourage them to explore the country and boost tourism spending.
The UAE Cabinet made the announcement on Sunday, as part of a broader plan to encourage transit passengers to stay in the country longer and visit its landmarks. It said 70 per cent of the total passengers who passed through the UAE's airports in 2017 were in transit.
The new policy aims to enhance transit visa procedures so stopover passengers can explore the UAE. It will list visa fees and mechanisms for increasing the number of stopover visitors, as well as options to promote the country's main tourism attractions.
The country continues to expanded its cultural offerings with the 2016 opening of the Dubai Opera House, the 2017 opening of Louvre Abu Dhabi, the recent expansion of Dubai’s historic Al Seef district and the 2018 opening of Qasr Al Hosn fort, the oldest structure in Abu Dhabi.
Presently, citizens of India, Pakistan, Africa and South America require a visa processed in advance. Visitors from India and Iran are most likely to use transit visas.
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