Business GCC Saudi Arabia

Global energy security depends on geopolitical stability – Saudi Foreign Minister tells WEF23

Middle East News 247 18/01/2023

Davos, Switzerland — Geopolitical stability is “absolutely key” to global energy security, Saudi’s Foreign Minister told the World Economic Forum’s 2023 Annual Meeting in Davos on Tuesday. During a high-level panel titled ‘Keeping the Lights amid Geopolitical Fracture’, His Highness Prince

Business GCC Saudi Arabia

Saudi Arabia to host Italian Super Cup between Inter Milan and AC Milan tomorrow

Middle East News 247 18/01/2023

Riyadh, Saudi Arabia — Riyadh, the capital of Saudi Arabia, will host tomorrow at 10:00pm (local time) The Italian Super Cup match between league champions AC Milan and cup winners Inter Milan, at Riyadh’s King Fahd Stadium, brought by Ministry of Sport as part of the sporting events in Diriyah’s 2nd Season. The long-awaited tournament […]

Business GCC Saudi Arabia

Saudi, WEF launch innovation accelerator, explore collaborations in global metaverse village

Middle East News 247 18/01/2023

Davos, Switzerland — A high-level delegation from Saudi Arabia participated in a multilateral meeting with the World Economic Forum’s (WEF) leadership at WEF’s 2023 Annual Meeting. His Highness Prince Faisal Bin Farhan Al Saud, Minister of Foreign Affairs, Her Royal Highness Princess Reema bint Bandar Al Saud, Ambassador to the United States of America, His […]

NEWS DESK GCC Saudi Arabia UAE

GPRC Summit 2023 in UAE & KSA to examine loopholes in risk management in the digital era

News Desk 16/01/2023

Dubai, United Arab Emirates; 16 January 2023: With the fast-paced digitalisation and mounting regulations, many new risks have emerged, demanding firms to adapt their governance, risk and compliance (GRC) processes and capabilities, stay compliant, and enable agile and proactive decision-making. A recent research by IBM has revealed that over 62% of organisations think the

Business GCC Saudi Arabia

Saudi Arabia participates in the World Economic Forum 2023 Annual Meeting with high-level delegation

Middle East News 247 12/01/2023

Riyadh, Saudi Arabia — A high-level delegation from the Kingdom of Saudi Arabia is set to participate in the World Economic Forum (WEF) Annual Meeting 2023 in Davos, Switzerland, to enhance international cooperation and design joint solutions to today’s geopolitical, social, economic, and human development challenges. Returning to its regular winter format after the first

Business GCC Saudi Arabia

Saudi Arabia Launches A New Platform To Educate Its Justice Ministry Workers About Cybersecurity

News Editor 10/01/2023

The Saudi Ministry of Justice has created Masoul (Responsible) to train its employees on cybersecurity and foster a culture of accountability. The government described the platform as an accessible learning resource full of helpful tutorials on cyber security. They elaborated that it provides the ministry’s employees access to the courses, digital exams, and

Tech GCC NEWS DESK Saudi Arabia

The Kingdom Of Saudi Arabia’s Ministry Of Culture Sponsors Coffee Research

News Editor 01/01/2023

As the kingdom’s “Year of Saudi Coffee” winds down, the kingdom hopes to find out as much as it can about its national beverage through coffee research. Saudi Press Agency stated on Sunday that Saudi’s Ministry of Culture, in partnership with the Saudi Coffee Company of the Public Investment, is now taking applications for its “Saudi Coffee

Tech GCC Saudi Arabia

The Saudi Minister Of Sports Hosts International Football Officials At Saudi House In Doha

News Editor 31/12/2022

Prince Abdulaziz bin Turki Al-Faisal, Saudi Arabia’s Minister of Sport, hosted a number of international football sports federations and Qatari officials at the Saudi House zone on Friday. The Saudi Football Federation established the area in the Doha Corniche in preparation for the FIFA World Cup, which was held in Qatar. Sheikh Salman bin Ibrahim Al-Khalifa, the

Tech GCC Saudi Arabia

Uk, Saudi Discuss Defense, And Signs Defense Agreement

News Editor 30/12/2022

On December 13, 2022, the Minister of Defense of the Kingdom of Saudi Arabia, Prince Khalid bin Salman, met with the Secretary of State for Defense, the Rt Hon Ben Wallace MP, in London. A formal celebration was held for Prince Khalid at Royal Cavalry Guard Square, during which they played the Saudi royal song and inspected […]

Tech GCC Saudi Arabia UAE

Saudi Arabia To Overtake UAE As GCC’s Leading Metaverse Hub

News Editor 27/12/2022

New research shows that by 2030, Saudi Arabia’s economy could be gaining $7.6 billion a year from the Metaverse. This is because the country is diversifying its economy to reach the goals set out in its Vision 2030. According to the Strategy & Middle East survey, the Metaverse could bring in $15 billion per year to the […]

Tech GCC Saudi Arabia

For Xi’s Visit, Saudi Arabia And China Make Deals On Tech, The Climate, And Others

News Editor 23/12/2022

On Wednesday the 7th, which was the first day of President Xi Jinping’s trip to the Kingdom, China and Saudi Arabia signed several tech and climate agreements. Xi came to Riyadh on Wednesday for a three-day visit and was met at the airport by Saudi Foreign Minister Prince Faisal bin Farhan. He was expected to […]

NEWS DESK GCC Lifestyle Saudi Arabia Travel

New Agreement Between Saudi Arabia and Morocco Will Strengthen Tourism Cooperation

News Editor 19/12/2022

On Friday, the Saudi Press Agency (SPA) reported that Saudi Arabia and Morocco had signed a tourism cooperation agreement. This was to enable the coordination of efforts to achieve sustainable development in the two countries’ tourism sectors. To expand their tourist cooperation, both nations signed a Memorandum of Understanding at the 117th session of the […]

Blockchain & Cryptocurrency Business Events GCC Gitex Saudi Arabia Tech

Misk Accelerator Program Boosts 19 Saudi Startups To New Heights

News Editor 16/12/2022

The Mohammed bin Salman Foundation and innovation experts Plug and Play have collaborated for the Misk Accelerator Program, from which 19 entrepreneurs are moving forward with their initiatives. These recent alums are part of Cohort 3 of the program, which gives young startups in the MENA area access to a yearlong instruction curriculum. The program […]

Tech Business GCC Saudi Arabia

The Saudi Defense Ministry And Spain’s Navantia Have Signed An Agreement To Build Combat Ships

News Editor 15/12/2022

The Saudi Press Agency reported that on Thursday, the Saudi Defense Ministry agreed to work with a Spanish state-owned company to make battleships for the Saudi Navy. The Memorandum of Understanding was signed in the presence of Prince Khalid bin Salman bin Abdulaziz, the Saudi Minister of Defense, and Mara Reyes Maroto, the Spanish Minister […]

NEWS DESK Energy GCC Lifestyle Saudi Arabia Sustainability Tech

Energy Transition In Saudi Arabia: Renewable Technology At Home, Oil Abroad

News Editor 09/12/2022

Energy Transition In Saudi Arabia: Renewable Technology At Home, Oil Abroad : Saudi Arabia has long since been referred to as the Kingdom of oil. Since Saudi Arabia’s first oil discovery in 1933, the region has long been the focus of news when discussing oil because it is the world’s largest producer of that substance. […]

Sustainability GCC Lifestyle NEWS DESK Saudi Arabia

Saudi Storm Shuts Down Schools And Blocks The Primary Route To Mecca

News Editor 07/12/2022

Jeddah frequently experiences heavy downpours and flooding during the winter. Located on the Red Sea, the city of Jeddah is home to a population of about 4 million people, and it is often called the “gateway to Mecca,” from which millions of people annually make the journey to perform the hajj and umrah pilgrimages. Many […]

GCC NEWS DESK Saudi Arabia

Saudi Arabia Signs Energy Agreements With Egypt

News Editor 02/12/2022

Saudi Arabia Signs Energy Agreements With Egypt: Saudi Arabia recently announced that it signed an MoU detailing an energy agreement with Egypt. Both countries signed the agreement during this year’s edition of COP 27, the UN Climate Change Conference and the Green Middle East Initiative Summit. Both events were held at Sharm el-Sheikh, although it […]

NEWS DESK GCC Saudi Arabia

Saudi Arabia Signs Deals Worth $30 Billion With South Korea

News Editor 02/12/2022

Saudi Arabia Signs Deals Worth $30 Billion With South Korea: Saudi Arabia has signed investment deals worth about $30 billion with South Korean companies. The announcement was made by Saudi Arabia’s Minister of Investment, Khalid Al-Falih. Under the numerous deals signed with South Korea, companies like Samsung C&T Corp and POSCO Holdings signed about twenty […]

NEWS DESK GCC Saudi Arabia

Sudan is Set to Receive a $3 Billion Investment from Saudi Arabia to ensure stability in the country

News Editor 27/11/2022

Saudi Arabia has decided to put into practice the natural law of loving one’s neighbour as the country has agreed to issue a $3 billion humanitarian aid investment in its Gulf counterpart Sudan. The government has deemed it fit to assist Sudan as the latter navigates the current political turmoil within its territory. What has Spurred the […]

Logistics GCC NEWS DESK Saudi Arabia

Saudi Arabia Records 16.6% Increase in Non-Oil Exports

News Editor 17/11/2022

Saudi Arabia Records 16.6% Increase in Non-Oil Exports: Saudi Arabia recorded a 16.6% increase in its non-oil exports for August. The numbers were recently released, with total non-oil revenue peaking at over $7 billion. This is coming after Saudi Arabia recorded a 31% increase in its non-oil exports in the second quarter of this year. […]