After 51 days of precautionary closure due to the US-Iran war, Global Village is reopening its gates on Monday, April 20, at 5pm. Many UAE residents shared their excitement on social media when the news was announced. Here is everything you need to know about the entertainment destination: Tickets Visitors can buy tickets online or on the app before arriving at Global Village. Weekday tickets valid Monday to Thursday, excluding public holidays, start at Dh25 per person. Any day tickets cost Dh30. Children under 3, seniors over 65, and people of determination have free entry. Tuesdays are reserved exclusively for…
Author: Editorial Team
RIYADH — Saudi Minister of Foreign Affairs Prince Faisal bin Farhan held a phone call on Thursday with Speaker of the Lebanese Parliament Nabih Berri. During the call, they discussed the latest developments in Lebanon and ongoing diplomatic efforts aimed at achieving a complete cessation of Israeli attacks against it. Prince Faisal reiterated Saudi Arabia’s support for the stability of Lebanon and to strengthening its state institutions. Speaker Nabih Berri praised the Kingdom’s role and its continuous efforts in supporting Lebanon’s security and the broader stability of the region. He further emphasized Lebanon’s commitment to the Taif Agreement and its…
Danny Jenkins, Co-Founder and CEO of ThreatLocker, has written an op-ed on the stark warning issued by the UAE Cyber Security Council, which he believes should make every boardroom in the country sit up and take notice. Danny Jenkins, CEO and co-founder of ThreatLocker, said the findings from a report conducted by the UAE Cyber Security Council should really serve as wake-up call to businesses all over the UAE. The recent warning from the UAE Cyber Security Council that more than 60% of financial attacks begin with stolen login credentials should concern every boardroom in the country. Credential theft is…
PIF and State Street Investment Management (State Street IM), one of the world’s largest asset managers, today announced the launch of the State Street Saudi Arabia Enhanced Active Equity UCITS ETF (Ticker: SAQL) with PIF as anchor investor. The fund actively invests in equities of companies in Saudi Arabia using a quantitative multi-factor stock selection model. SAQL has its primary listing on the Xetra exchange in Germany and is cross listed on the LSE in the United Kingdom, where a bell ringing ceremony was held. The fund will be available to investors in both markets as well as investors across…
RIYADH — The Saudi Council of Health Insurance (CHC) announced on Thursday the issuance of 100 decisions to impose fines, amounting to a total of SR4 million, on employers during the first quarter of 2026. This is for the violation of the provisions of the Health Insurance Law. The Council stated that these fines were imposed after granting violators a grace period to rectify their violations before taking legal action against them. This is based on Article 41 of the Health Insurance Law, which stipulates that employers are obligated to enroll in the health insurance program for their insured employees…
Summary of Results for 1Q26: •Total Operating Income: remained stable at SAR3,612 million (1Q 2025: SAR 3,620).•Net Loans and Advances: increased by 10% year-on-year to SAR307 billion (1Q 2025: SAR279 billion).•Customer Deposits: increased by 14% year-on-year to SAR331 billion (1Q 2025: SAR290 billion).•Total Equity: increased by 11% year-on-year to SAR81 billion (1Q 2025: SAR73 billion).•Net Profit after Zakat and Income: SAR2,086 million, a 2% decrease year-on-year from SAR2,135 million in 1Q 2025, due to the provisions taken. Ms. Lubna S. Olayan, Chair of the Board of Directors of the Saudi Awwal Bank (SAB), announced on Thursday the Bank’s financial results…
Bangladesh has confirmed 30 deaths in a measles outbreak that has spread rapidly across the country, with most of the victims aged under two, the World Health Organisation said on Thursday. In what it described as a reversal of progress towards measles elimination in Bangladesh, the WHO said there had also been another 166 suspected deaths from the disease since mid-March. Health experts said it was the highest death toll from measles in decades. More than 19,000 suspected cases were reported from March 15 to April 14 and nearly 3,000 cases were confirmed in laboratory tests, the WHO said. Stay…
Archit Gupta, Founder and CEO, ClearTax. When Saudi Arabia launched its ZATCA e-invoicing mandate in December 2021, most enterprises approached it as a compliance project. Get the invoices into the right format. Connect to the authority’s systems. Go live before the deadline. Move on. What followed over the next two years revealed a more important reality. E-invoicing is not a one-time compliance exercise. It is a structural shift in how financial data flows through an organisation. Companies that treated Phase 1 as a one-time exercise often found themselves revisiting earlier implementation choices when Phase 2 arrived in January 2023. It introduced…
H.E. Dr. Hisham S. Aljadhey, CEO of the Saudi Food and Drug Authority (SFDA), conducted a series of strategic bilateral meetings with international regulatory counterparts on the sidelines of the 7th International Heads of Food Agencies Forum (IHFAF) in Auckland. Dr. Aljadhey commenced the discussions with Mr. Gerard Bakker, Inspector General at the Netherlands Food and Consumer Product Safety Authority (NVWA). The two sides explored frameworks for deepening technical cooperation and the exchange of expertise. A primary focus was the integration of Artificial Intelligence (AI) to optimize food risk management, refine product evaluations, and enhance the precision of digital inspection…
RIYADH — The Ministry of Tourism conducted over 19,000 inspection visits to hospitality facilities and temporary accommodations for pilgrims in Makkah and Madinah to ensure readiness for the 2026 Hajj season. More than 11,000 inspections were carried out in Makkah and over 5,000 in Madinah, alongside 3,000 visits to assess temporary housing compliance and service quality. In parallel, field teams conducted over 3,300 awareness visits to promote adherence to quality standards and licensing requirements, resulting in higher compliance and improved sector readiness. Working within an integrated government framework, the ministry aims to ensure pilgrims’ safety and comfort. For the first…