The Latest Breaking News from Authority

The Saudi government has raised the minimum limit of annual sales at which entities should notify the authority of economic concentration transactions to SAR 200 million ($53.3 million) from SAR 100 million ($26.6 million). The decision was based on the annual review made by the General Authority for Competition (GAC),…

The General Entertainment Authority has nominated 22 startups for the first Entertainment Business Accelerator, which aims to provide support for entrepreneurs interested in the sector. The authority launched the business accelerator on Feb.

The Saudi General Entertainment Authority launched the Entertainment Business Accelerator program to encourage entrepreneurs interested in the rapidly growing sector. Experts told Asharq Al-Awsat that the Kingdom is experiencing an unprecedented leap in entertainment, which requires qualifying the most significant number of enterprises to cope with the high demand in…

The Saudi Authority for Industrial Cities and Technology Zones (MODON) signed a number of agreements to localize the food and beverage industry in the Kingdom, with total investments amounting to 1.07 billion riyals ($285 million). The announcement was made on the sidelines of MODON’s participation in the Gulfood exhibition in…

The Palestinian Authority (PA) stopped all contact with Tel Aviv in response to the Israeli military operation in the West Bank city of Nablus, which killed 11 Palestinians. Palestinian sources told Asharq Al-Awsat that the Authority was dealt a treacherous blow two days after it withdrew the Security Council draft…

The Saudi Cabinet, chaired by King Salman bin Abdulaziz Al Saud, approved the framework for granting incentives for the localization of priority goods and services under the Vision 2030’s national localization strategy. Saudi Arabia’s Local Content and Government Procurement Authority had recently reduced the value of high-value contracts from SAR…

Egypt's Suez Canal Economic Zone is in negotiations with Chinese companies to implement investment projects worth $5 billion, according to an official statement from the Suez Canal Authority. The deputy chairman of the southern part of the Zone, Walid Youssef, visited the Chinese industrial zone TEDA in Ain Sukhna on…

When the new creative head of DC Studios, James Gunn, announced their upcoming slate of films and TV, it included many names you might expect: Superman, Batman, maybe even Swamp Thing.

The fire authority's treasurer said that like for like it's around 8.2% when you take into account the reductions in Welsh Government grant money