WEF22: Saudi Arabia rises on several key performance indicators

WEF22: Saudi Arabia rises on several key performance indicators

  • Princess Haifa bin Mohammed, assistant minister of the Tourism Ministry, said that the Kingdom’s industry “didn’t just recover, but actually increased”
  • Khalid Al-Falih, Saudi minister of investment, said that the Saudi technology and tourism industries have been a driving force in attracting investors from around the world
By Arab News ·

Saudis, Emiratis stress Kingdom’s rise creates more opportunities for region  

Saudis, Emiratis stress Kingdom’s rise creates more opportunities for region  

  • Participating in WEF panel on ‘Saudi outlook,’ Kingdom’s Investment Minister Khalid Al-Falih said ‘a rising tide lifts all boats’
  • Chairman of Dubai-based Damac Hussain Sajwani says KSA, UAE ‘completing each other in terms of growth, not competing with each other’
By TAREK ALI AHMAD ·

Iran systematically undermines the stability of the region, Israeli president tells WEF

Iran systematically undermines the stability of the region, Israeli president tells WEF

  • Israel and all nations of the world cannot accept Iran’s pursuit of nuclear capabilities, says President Isaac Herzog
  • Herzog says Saudi Arabia is a very important country in the region, but joining the Abraham Accords “has to take its time”
By Arab News ·

The complex aims to be a major beacon of culture and the arts in the heart of Riyadh. (King Salman Park Foundation)

Construction begins on King Salman Park Foundation’s Royal Art Complex in Riyadh

  • The complex, which will cover an area of more than 500,000 square meters, includes a Museum of World Cultures, a National Theater, and a Royal Institute of Traditional Arts
  • King Salman Park has been designed to be the capital’s ‘green lung’ and the biggest urban park in the world, covering an area of more than 16 million square meters
By SPA ·

Yemen government, Houthis begin Amman talks on ending Taiz siege 

Yemen government, Houthis begin Amman talks on ending Taiz siege 

  • Desperate civilians hold rallies protesting the Houthi siege, calling for action from international community
By Saeed Al-Batati Al-Mukalla ·

Crisis-hit Sri Lanka to seek ‘huge’ investment from Middle East

Crisis-hit Sri Lanka to seek ‘huge’ investment from Middle East

  • New environment minister says Sri Lanka will look for a long-term credit facility for oil supplies
  • Sri Lanka has been enduring shortages of food, fuel, medicines and other essentials for months
By Mohammed Rasooldeen ·

UK announces 25 percent windfall tax on energy producers’ profits

UK announces 25 percent windfall tax on energy producers’ profits

  • Earlier this week the energy regulator said that a cap on gas and electricity bills was set to rise by another 40 percent in October
By Reuters ·

Protect role of ethics in AI future, UAE minister tells Davos

Protect role of ethics in AI future, UAE minister tells Davos

  • As a leading country in artificial intelligence, the UAE is working on integrating AI in all sectors of the economy and society
By Arab News ·

Protect role of ethics in AI future, UAE minister tells Davos

Protect role of ethics in AI future, UAE minister tells Davos

  • As a leading country in artificial intelligence, the UAE is working on integrating AI in all sectors of the economy and society
By Arab News ·