Saudi Arabia

Business

Celularity and CH Trading Group Announce Territory Distribution Agreement for the Middle East

Middle East News 247 13/01/2023

FLORHAM PARK, N.J. & RIYADH, Saudi Arabia & JEDDAH, Saudi Arabia — Celularity Inc. (Nasdaq: CELU) (“Celularity”), a U.S.-based biotechnology company developing placental-derived allogenic cell therapies and biomaterial products, and CH Trading Group LLC (“CH Trading Group”), an

Business

Real Madrid beat Valencia to reach Spanish Super Cup final

Middle East News 247 13/01/2023

Riyadh, Saudi Arabia — After a back-and-forth battle with 1-1 draw, Real Madrid beat Valencia yesterday on penalties and booked their place in the final of the Spanish Super Cup, at King Fahd International Stadium in Riyadh. A tournament which is brought by Ministry of Sport as part of the sporting events in 2nd Diriyah […]

NEWS DESK

Green Riyadh Project Launches Tree-Planting Initiative

News Editor 12/01/2023

On Tuesday, the Green Riyadh initiative announced the beginning of tree planting in residential districts, a key component of the program that seeks to increase green space in the city. Initiated by Crown Prince Mohammed bin Salman, it is one of four megaprojects in Riyadh that King Salman has launched. The program’s goal is to plant trees […]

Business

Hajj Expo 2023 Kicks Off, under the Patronage of Makkah Governor

Middle East News 247 12/01/2023

Jeddah, Saudi Arabia — H.R.H Prince Khaled Al-Faisal, Advisor to the Custodian of the Two Holy Mosques and Governor of Makkah Region, and H.R.H Prince Faisal bin Salman bin Abdulaziz Al Saud, Governor, Madinah Province inaugurated the 2023 conference and exhibition on Hajj and Umrah ‘Hajj Expo’. Held in Jeddah, the second edition of Hajj […]

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

Sport

Spanish Super Cup to kick-off tomorrow in Riyadh

Middle East News 247 11/01/2023

Riyadh, Saudi Arabia: Riyadh, the capital of Saudi Arabia, will host tomorrow the 2023 Spanish Super Cup for third time. The four teams (Real Madrid, Barcelona, Valencia, and Real Betis) will take part in the tournament, set to run from January 11 to 15, 2023 at Riyadh’s King Fahd Stadium, brought by Ministry of Sport as […]

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 UAE

Five New UAE Laws Will Go Into Effect In 2023

News Editor 07/01/2023

As citizens of the United Arab Emirates get ready to ring in the new year, they have numerous things to look forward. One of this is the lawful changes and new UAE laws that aims to improve their personal and professional lives. See below for a description of the five most significant new UAE laws […]

Business GCC Tech UAE

Abu Dhabi Islamic Bank Awarded For Excellence In Digital Adoption By Blockchain-Powered E-Marketplace TradeAssets

News Editor 04/01/2023

Recently, TradeAssets presented the e-Marketplace Champion Award to the Abu Dhabi Islamic Bank. The award was for its great use of digital technology. TradeAssets is a blockchain technology e-Marketplace for trade finance. Together with ADIB, it was one of the first organizations to use blockchain technology to make trade finance distribution deals happen last year.  […]

NEWS DESK

LOEB SUFFERS ON TOUGH DAY FOR BRX AS SAINZRETAINS DAKAR RALLY LEAD

News Desk 03/01/2023

The Dakar Rally once again underlined its reputation as the toughest event in motor sport today, with Bahrain Raid Xtreme enduring a series of setbacks as Carlos Sainz retained his overall lead in Saudi Arabia. Winding across some of the most spectacular landscape the Dakar has ever seen, the 430km second stage from Sea Camp […]

NEWS DESK

Loeb makes intentions clear in Dakar Rally

News Desk 02/01/2023

Sebastien Loeb believes this could be the year that he leads Bahrain Raid Xtreme to victory in the Dakar Rally, and he underlined his intentions today on the first real test of the 45th edition in Saudi Arabia. The nine-time World Rally Champion is nicely placed in second position following the 367-km opening special stage, […]

NEWS DESK

Loeb makes solid start on Dakar victory trail

News Desk 02/01/2023

The 45th Dakar Rally is under way in Saudi Arabia, and Sebastien Loeb has given immediate notice of his desire to secure victory for Bahrain Raid Xtreme. Partnered by Fabian Lurquin in his BRX Prodrive Hunter, Loeb is aiming to go one better after finishing runner-up in Saudi last year, and the nine-time World Rally […]

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 UAE

The United Arab Emirates’ Rashid Lunar Rover Is Scheduled To Touch Down On The Moon In Only Four Days

News Editor 28/12/2022

With the announcement of a revised liftoff date and time, the United Arab Emirates has officially begun counting down to the launch of the first UAE mission to the Moon. According to a statement released by the Mohammed Bin Rashid Space Centre (MBRSC) on Wednesday, the initial launch attempt was delayed to give SpaceX more […]

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 […]

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 […]

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 […]

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. […]

Finance Blockchain & Cryptocurrency GCC Saudi Arabia

Saudi Arabia is Set to Allocate $266 Million to Supply Chain Investors

News Editor 10/11/2022

Saudi Arabia is Set to Allocate $266 Million to Supply Chain Investors: The Kingdom of Saudi Arabia has made another significant move to up its economic game by introducing the Supply Chain Initiative. This move aims to place the country on a new level of financial and commercial development, reinforcing its place as one of […]