Saudi Arabia: Over SR28 million water and electricity projects for EP

Water and Electricity Minister Abdullah Al-Hussayen.

Water and Electricity Minister Abdullah Al-Hussayen signed contracts with several companies for water and sewage projects in the Eastern Province. The three new contracts signed would incur a total cost of SR28.7 million.

Director General of Water in the Eastern Province Hamad bin Abdulrahman Al-Wabil said SR11 million would be spent on maintaining the water and sewage systems in Baqiq governorate over three years, which would be implemented by Siraco. 

Saudi Arabia: Saudi film producer takes on world cinema

London, Young Saudi businessman Ibrahim Dashishah has embarked on his filmmaking career in world cinema with a determination to create movies “that have a humane character and carry reformative messages in the English language.”

In less than a year, Dashishah has produced two films: Urban Hymn, which will take part in the BFI London Film Festival this October. “My objective is to convey positive messages to our societies as I have found films to be the best tool to do so.

Saudi Arabia: Bringing street art back to the Saudi street

Jeddah Last exhibition run in Jeddah drawn inspiration from a phrase graffitied in one of the city’s streets and provides a general view of street art in Saudi Arabia. Though it may surprise many, street art has become a tool of artistic expression for an increasing number of Saudi youths, and this exhibition displays the work of these artists and opens the door to a completely different world.

Inner Voices—held on the sidelines of the 21.39 art initiative in Al-Balad, Jeddah’s old historical district—is arranged and coordinated by Aya Alireza, Raneem Farsi and Basma Felemban under the supervision of Hamza Serafi.

Saudi Arabia: Tourism, agriculture stocks stay in limelight

The Saudi stock market ended Thursday’s trading session solidly in the green. 

The Tadawul All-Share Index closed up 86.75 points or 0.95 percent to 9,251.19, after being up as much as 1.37 percent.

On year-to-date basis, the TASI crossed a positive return of 11 percent. Again Large cap (+1.23 percent) outdid rest of the market cap indices, the GulfBase said in its market commentary.

Most of the major sectors closed in the green territory, accumulating an aggregate of 1,384.16 points. Tourism and Agriculture posted the biggest gains among sectoral indices, marching higher by 2.43 percent and 2.15 percent respectively. 

Banks and Financial Services sector added more than one and half percent to close at 20,783.79.

Saudi Arabia: Artisans to be trained in South Korea

PRESERVING HERITAGE: Prince Sultan bin Salman, president of the Saudi Commission for Tourism and Antiquities (SCTA), tours an exhibition held on the sidelines of a heritage forum in Riyadh after opening the event on Wednesday. (SPA)

Prince Sultan bin Salman, president of the Saudi Commission for Tourism and Antiquities (SCTA) announced Thursday the start of a program in South Korea for the training of Saudi male and female artisans to revive and develop the accuracy of ancient crafts.