Young Saudis prefer reading news online

Updated 28 January 2015
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Young Saudis prefer reading news online

A research by the Abha-based Aseer News has revealed that Saudi youth prefer reading online editions of local newspapers.
“We conducted a survey last December with 30,000 Saudis. About 12,000 participants aged between 15 and 35 or 40 percent of the sample said that they prefer to read news online,” said Saeed S. Al-Ravie, Aseer News editor in chief.
Aseer News is an online publication which was founded five years ago in Abha. It publishes one print edition yearly. At its launch in 2009, the editor of a Jeddah-based broadsheet publication had said: “The future of the newspaper industry lies in the online edition.”
The survey also found that 1,100 participants aged between 35 and 50 or 3.6 percent preferred the traditional newspaper which they take their time to read leafing through the pages.
“The older generation prefers to read the hard copy which has become a habit and which they like to leaf through while sipping tea or coffee,” said Al-Ravie, adding that modern technology is alienating for them.
“They spurn modern technology because they are reluctant to learn anything new at 50 although they are still young at that age,” he said.
A Saudi scholar noted that advertisers still announce their products and services in the print media instead of online editions because there is a strong reader base for newspapers.
“Although it is commonly said that online editions will replace the print media, newspapers will still be around for many years to come,” he said.


‘Davos in the Desert’ brings 150 global leaders to Riyadh

Updated 23 min 29 sec ago
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‘Davos in the Desert’ brings 150 global leaders to Riyadh

  • The Future Investment Initiative (FII) runs from Oct. 23 to 25
  • The three key themes of this year’s event are investing in transformation, technology as an opportunity, and advancing human potential

RIYADH: The Public Investment Fund (PIF) of Saudi Arabia has revealed the program for a high-profile gathering of global leaders, business chiefs and innovators in Riyadh next week.

The Future Investment Initiative (FII) runs from Oct. 23 to 25 with US Treasury Secretary Steve Mnuchin and IMF Managing Director Christine Lagarde among those scheduled to take part.

More than 150 speakers from 140 different organizations have confirmed their attendance for the event which was hosted for the first time a year ago and was quickly dubbed “Davos in the Desert” — a reference to the annual World Economic Forum hosted each year in the Swiss resort.

The three key themes of this year’s event are investing in transformation, technology as an opportunity, and advancing human potential.



“FII is a global platform focused on identifying future economic trends and opportunities, defining the future of industries and discussing how investment can contribute to overall global prosperity and development,” the PIF, Saudi Arabia’s sovereign wealth fund, said on Monday.

“Ten years on from the global financial crisis, the world is undergoing a period of large-scale economic and technological transformation. FII will convene global leaders, investors and innovators to discuss how businesses, governments and global institutions can work together to drive long-term growth and prosperity.”

The next installment of FII will include a panel called “One World” — a look at how leaders from business and government develop a collective vision for the future.

Other sessions cover digital currencies, capital flows, market drivers, immersive technology, sustainability and giga-projects such as NEOM, the vast development announced at last year’s FII.