By Innovation-sa on March 26, 2018 in News

The Saudi Federation for Cyber Security and Programming (SFCSP) inked Memoranda of Understanding (MoU) with Lockheed Martin and Northrop Grumman during Crown Prince Muhammed bin Salman’s US visit, according to reports from Saudi Press Agency (SPA). The MoU signed with Lockheed Martin aims at creating a collaboration in cybersecurity and programming. The company will focus on developing and increasing the Kingdom’s proficiency in cybersecurity,…

By Innovation-sa on March 22, 2018 in News

Saudi Arabia’s Crown Prince Muhammed bin Salman remarked that abayas are not a necessity for women, as long as they wear a “decent and respectful attire”. This historic statement signals a new progressive trend towards modernization in the deeply conservative Muslim nation. Women in Saudi Arabia are currently required to wear abayas- the loose-fitting, full-length robes- which are a symbolic of Islamic culture. The…

By Innovation-sa on March 22, 2018 in News

As Crown Prince Muhammed bin Salman’s ambitious drive to empower women is gaining momentum, over 40 Saudi women have taken up hospitality jobs in Makkah hotels. Saudi women can now be seen adorning receptions as well as holding jobs in human resource, reservation, and cooking departments with ease and confidence. “We are determined to be more professional and learn everything new in the hotel…

By Innovation-sa on March 22, 2018 in News

The high-speed Haramain Express train connecting the holy cities of Makkah and Madinah will be ready to serve passengers this year, following final safety trails and operational readiness tests carried out for high-speed trains, announced Nabeel Al Amoudi, Minister of Transportation and Chairman of the Saudi Railway Organisation. The Haramain rail project, better known as “Western railway” or “Makkah-Madinah high-speed railway”, is a 453…

By Innovation-sa on March 18, 2018 in News

Despite the anti-corruption probe that shook the nation, Goldman Sachs Group forecasted an unprecedented economic overhaul in the Kingdom and announced plans to invest in the Kingdom for the first time in its history. Goldman Sachs Group, an American multinational finance company often seen involved in providing advice to companies and governments on takeovers and fundraising efforts in the region, has plans to hire…

By Innovation-sa on March 18, 2018 in News

In a move to revolutionize the capital city’s public transport system, Saudi Arabian Public Transport Company (SAPTCO) announced the launch of 3,500 buses to cover over 5,000 destinations in Riyadh. The announcement comes ahead of the inauguration of Riyadh Metro, one of the world’s largest urban transport ventures, in 2019. Under the new bus network, modern city buses will entirely replace the Khat Al-Balad…

By Innovation-sa on March 11, 2018 in News

Saudi Arabia and Egypt signed a $10 billion joint investment fund to develop NEOM, the mega-city planned in the north-western region of the Kingdom, as part of Crown Prince Muhammed bin Salman’s Egypt visit this week. NEOM, a mega investment and business special zone unveiled by Prince Muhammed last October as part of plans to diversify the Kingdom’s oil dependent economy, will be the…

By Innovation-sa on March 11, 2018 in News

The Director General of Passports (Jawazat) reminded expatriates who haven’t documented their fingerprints to complete their registration process soon. Further, it called on expatriates to abide by residency-related regulations in the Kingdom. Expatriates and their dependents who are six years of age or above must document their fingerprints at any of the fingerprinting centers set up across the Kingdom. The Jawazat also warned expatriates…

By Innovation-sa on March 5, 2018 in News

The General Directorate of Passports (Jawazat) clarified on Twitter that dependent fee would not be refunded to expatriate family members if they leave the Kingdom before the expiry of their iqamas. The General Directorate of Passports clarified through its official Twitter account that dependent fee will not be refunded to expat family members who have opted to leave the Kingdom on final exit before…

By Innovation-sa on March 5, 2018 in News

The Saudi Arabian General Investment Authority (SAGIA) extended the license period for foreign investments from one year to a renewable period of up to five years. The new efforts were designed to aid the Kingdom’s recent economic changes and promote foreign investment in the Kingdom in line with Vision 2030, stated Ibrahim S Al-Suwayel, Deputy Governor for Investors’ Services and Consultancy. Under the new…