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NEWS DESK GCC Saudi Arabia

Saudi Arabia Presents Its Water Strategy During A High-level United Nations Conference

Saudi Arabia Presents Its Water Strategy During a High-level United Nations Conference: Abdulaziz Al-Shaibani, the Deputy Minister for Water Affairs at the Saudi Ministry of Environment, Water, and Agriculture, stated that Saudi Arabia is setting the standard for unconventional water supply through desalination. He discussed Saudi Arabia’s water strategy at the
GCC NEWS DESK UAE

Dubai’s Roads and Transport Authority Introduces Digital Experience Lab To Boost Quality Of Customer Service

The comprehensive Digital Experience Lab, a program launched by Dubai’s Roads and Transport Authority (RTA), aims to raise the standard of customer service delivered through digital channels. It also hopes to enhance employees’ interaction with digital systems by involving the appropriate personnel in the design stages of digital services. Mattar Al Tayer,
NEWS DESK Entertainment GCC Lifestyle Saudi Arabia

Saudi Arabia Announces Officially a $233 Million Film Industry Funding Initiative Targeting Local and International Businesses

The Saudi Cultural Development Fund has officially launched its Film Sector Financing Program, which provides funds to local and foreign film companies that want to join the growing film industry in Saudi Arabia. The $233 million (879 million Saudi Riyal) project, which is part of the country’s $1.1 billion IGNITE Digital Content Program, was first […]
Food & Beverage GCC NEWS DESK Saudi Arabia

Riyadh’s First European Food Festival Takes Guests on a Gourmet Tour of Europe

Visitors to Riyadh’s first European Food Festival enjoyed authentic tastes and sensations from across Europe, which took place on March 16 and 17. The EU representative organized the event in Riyadh in partnership with the various embassies of EU member states, the Diplomatic Quarter in Riyadh, and the Saudi Commission for Culinary Arts. Jaap Ora, […]
NEWS DESK GCC UAE

SVB Failure – Abu Dhabi-Based Investment Firm Royal Group Considering Takeover Of The UK Arm Of Silicon Valley Bank

The Royal Group, an investment company funded by Abu Dhabi royal, is considering taking over Silicon Valley Bank’s (SVB) UK vertical in light of the current development of SVB’s bankruptcy. According to Bloomberg, Sheikh Tahnoon bin Zayed Al Nahyan, chairman of Royal Group and national security adviser for the United Arab Emirates, is debating
NEWS DESK

Social Development Bank To Provide $6 Billion In Loans To SMEs Over The Next Three Years

According to a senior official, Saudi Arabia’s Social Development Bank plans to provide SR24 billion ($6.3 billion) in funding to small and medium-sized businesses over the next three years as Saudi Arabia gradually diversifies its economy to meet the objectives outlined in Vision 2030. In an interview on the margins of the Biban 2023, Sultan Al-Hamidi, Chief
NEWS DESK GCC Saudi Arabia

Riyadh To Host International Conference To Examine Leveraging Digital Transformation In Justice Sector

The Saudi Ministry of Justice, from March 5 to 6, 2023, will host the first International Conference on Justice in Riyadh. The goal of this conference is to bring together experts, judges, and important decision-makers from the legal fields of more than 30 countries to discuss how digital technology is changing the field of justice. Digital […]
NEWS DESK GCC Saudi Arabia

10 Startups Awarded $1 Million Cash Prizes at Accelerator Program Finals in Saudi Arabia

One of the oldest accelerator programs in the Middle East, TAQADAM, recently granted ten startups a cash pool totaling $1 million. The King Abdullah University of Science and Technology established the initiative in cooperation with the Saudi British Bank. This year’s annual accelerator program showcase marked the sixth year of the launch of the prize ceremony. Over
NEWS DESK GCC Saudi Arabia

Saudi’s Potential To Take The Lead In Carbon Capture On The Road To Net-zero Emissions

As nations throughout the world step up their efforts to achieve net-zero carbon emission objectives and mitigate the effects of climate change, oil, and gas-producing nations, in particular, are under great pressure to quickly shift to green energy sources. According to Bloomberg, $6.4 billion will be invested globally in carbon capture and storage projects this […]