• Pakistan’s PM urges world to be ‘ecologically more conscious’ on Earth Day

    ISLAMABAD: Prime Minister Shehbaz Sharif on Monday called on the international community to join hands and strive to be “ecologically more conscious” as Pakistan joins the world in commemorating Earth Day today.  Earth Day is an annual celebration on April 22 that honors the achievements of environmental movements and raises awareness of the need to protect Earth’s natural resources for future generations. The day serves as a platform to highlight various environmental issues, such as...

  • Pakistan’s PM urges world to be ‘ecologically more conscious’ on Earth Day

    ISLAMABAD: Prime Minister Shehbaz Sharif on Monday called on the international community to join hands and strive to be “ecologically more conscious” as Pakistan joins the world in commemorating Earth Day today.  Earth Day is an annual celebration on April 22 that honors the achievements of environmental movements and raises awareness of the need to protect Earth’s natural resources for future generations. The day serves as a platform to highlight various environmental issues, such as...

  • The need for heritage conservation in Saudi Arabia and beyond

    Increasing people’s awareness of cultural and historic landmarks is an important step toward ensuring the long-term conservation of these sites, helping to drive the urgent need for their protection. In recent years, AlUla and Saudi Arabia have emerged as hotbeds of cultural discovery and touristic exploration. With six UNESCO World Heritage Sites within its borders, the Kingdom is both a cultural custodian and a welcoming host. It is a role the country takes seriously,...

  • Saudi crude production hits 7-month high in February

    RIYADH: Saudi Arabia’s crude production reached a seven-month high of 9.01 million barrels per day in February, data from the Joint Organizations Data Initiative showed.  This represented a rise of 55,000 bpd or 0.61 percent compared to the previous month.   Furthermore, the data indicated that the Kingdom’s crude exports rose to 6.32 million bpd, reflecting a monthly increase of 0.32 percent.   In early April, the Organization of the Petroleum Exporting Countries and its...

  • ACWA Power secures landmark $80m bridge loan from Bank of China for Uzbekistan projects

    RIYADH: Saudi energy giant ACWA Power has secured an $80 million equity bridge loan from the Bank of China for its Uzbekistan initiatives. According to an official press release, the payment is split equally between Chinese yuan and US dollars, marking the first loan cooperation deal by a bank from the Asian country using its native currency involving a company from the Kingdom. ACWA Power said the fund will boost its Tashkent 200 megawatts solar photovoltaic power plant and 500...

  • Saudi housing program Sakani benefits over 32,000 families in Q1

    RIYADH: As many as 32,343 Saudi families benefitted from Sakani’s housing options during the first quarter of 2024, marking an annual 15 percent increase. In collaboration with the Real Estate Development Fund and financial institutions, the program provides a variety of housing support packages to encourage first-time house buyers, including non-refundable financial assistance of SR100,000 ($26,659) or SR150,000. The number of the Kingdom’s households that purchased their first...

  • Red Sea Fund invites applications for production stage projects

      RIYADH: The Red Sea Fund announced the launch of the second phase of its fourth cycle, dedicated to supporting film projects in the production stage. It runs until April 30, the Saudi Press Agency reported. The fund encourages bold and original ideas that embrace a rich and diverse range of subjects, informing, educating and entertaining global audiences. It accepts feature fiction, documentary, episodic or animation films from applicants. The fund now accepts...

  • Kishida presents Noto’s “Wajima-Nuri” lacquerware to Biden

    WASHINGTON: Japanese Prime Minister KISHIDA Fumio presented “Wajima-nuri”