This is the 1490th most frequent Arabic word.
السنوية
"السنوية" means "annual" or "yearly."
In this sentence, the word "السنوي" (annual) is used as an adjective to describe the noun "الحفل" (celebration) to indicate that the event occurs every year.
يحضر الطلاب الحفل السنوي في الجامعة.
The students attend the annual celebration at the university.
Here, "السنوية" (annual) functions as an adjective modifying "رخصة القيادة" (driver's license) to specify that the license requires renewal on a yearly basis.
يجب تجديد رخصة القيادة السنوية قبل انتهائها.
The annual driver's license must be renewed before its expiration.
In this context, "السنوي" (annual) describes "التقرير" (report), indicating that the report is prepared once every year.