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Private Sector Boom Continues in Saudi Arabia, UAE

Private Sector Boom Continues in Saudi Arabia, UAE
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Sustainable development of Saudi island will boost economy

RIYADH: Economists and environmentalists say sustainable investment is important for an island north of Dammam allocated billions of riyals for development. Experts told Arab News that the SR2.64 billion ($703 million) granted to Darin and Tarout island by Crown Prince Mohammed bin Salman last week has much potential to boost the Eastern Province’s economy. Darin and Tarout is

Saudi bank renews cyber fraud warning

RIYADH: The Saudi Central Bank, also known as SAMA, has renewed its warning about cyber fraud, urging people to be cautious with their data and ensuring the websites they use are trustworthy. SAMA has repeated these warnings several times recently as people come forward with their stories about scams and financial losses. Wedad, a teacher, summed up her experience. “My money

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