Saudi Arabia Current Affairs, GK & News

First Commercial Flight from Yemen to Egypt

The first commercial flight from Sanaa Airport, Yemen to Cairo, Egypt has been welcomed by the United Nations. The first commercial flight between both took off on 1st June 2022. This was the seventh flight that was operated under the terms that were brokered by the United Nations for two months of nationwide truce. How ..

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Gulf Business Summit

Delegates from 33 companies from Hong Kong, the UAE, and Saudi Arabia arrived in Srinagar to instill and gauge the growing situation in Jammu & Kashmir for investments and will also see that the MoUs amounting to Rs. 3,000 crores, signed earlier this year, are utilized properly. Overview: On 22nd March, Gulf Business Summit will ..

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India’s Export of Fresh Fruits

Fresh fruits export from India has witnessed a major growth. The major destinations of exports of fresh fruits include the Netherlands, Bangladesh, the UK, the UAE, Iran, Nepal, Saudi Arabia, Russia, Qatar, and Oman. Overview: In April-January 2021-22, guava exports have risen to USD 2.09 million against USD 0.58 million recorded in April-January 2013-14. Paneer ..

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Saudi Arabia launches National Infrastructure Fund

Saudi Arabia launched a “National Infrastructure Fund” on October 25, 2021 to invest 200 billion Riyals in projects over the next decade. Highlights National Infrastructure Fund will invest in water, transportation, energy, education, health, digital infrastructure, and communication. The fund will finance privatized infrastructure projects as well as create investment opportunities for these projects. It ..

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Saudi Green Initiative Forum

Crown Prince Mohammed bin Salman has opened the “Saudi Green Initiative forum” on October 23, 2021. Key Facts The forum was launched in Riyadh, along with the announcement of Saudi Arabia’s new “green” objectives. The forum will discuss the environmental efforts made by Saudi Arabia with guests including international personalities and high-profile government leaders. In ..

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Saudi to launch a Second National Airline

Crown Prince of Saudi Arabia Mohammed bin Salman announced plans of launching second national airline as part of broader strategy to turn kingdom into global logistics hub in a bid to diversify from oil. Key Points Creation of another flag carrier will put Saudi Arabia into 5th rank worldwide in terms of air transit traffic. ..

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