KSA to set up first special economic zone in Riyadh

A royal decree has been issued to approve the regulation of the “Integrated Logistics Bonded Zone (ILBZ)”. (Shutterstock)
Updated 22 October 2018

KSA to set up first special economic zone in Riyadh

  • A royal decree has been issued to approve the regulation of the “Integrated Logistics Bonded Zone (ILBZ)”

JEDDAH: Saudi Arabia announced the establishment of a special economic zone (SEZ) on Sunday, the Saudi Press Agency reported. The zone, the first of its kind in the world, will be developed in Riyadh.
It will focus on integrated logistics and will enjoy special rules and regulations aiming at attracting more multinational companies to the Kingdom.
A royal decree has been issued to approve the regulation of the “Integrated Logistics Bonded Zone (ILBZ)” and has assigned its establishment and operation to the General Authority for Civil Aviation as the zone governing body. ILBZ is a major step in translating Vision 2030 into action by leveraging Saudi Arabia’s strategic location as the hub connecting three continents, one of three core pillars of the Kingdom’s Vision 2030 announced in 2016.


Four Saudi students to compete at international science and engineering fair

Updated 17 February 2020

Four Saudi students to compete at international science and engineering fair

  • Intel ISEF is the world’s largest pre-college science competition
  • The four women from Jeddah were winners at the Kingdom’s National Olympiad for Scientific Creativity

RIYADH: Four Saudi students will represent the Kingdom at a major international science and engineering fair in the US later this year.

The four women from Jeddah were winners at the Kingdom’s National Olympiad for Scientific Creativity. They will be competing against more than 1,700 students from 77 countries at the Intel International Science and Engineering Fair (Intel ISEF) for more than $5 million in awards and scholarships.

The Saudi students traveling to Arizona in May are Dan Mohammed Al-Yafei and Tharaa Tariq Al-Dabbagh, who won an award at the olympiad in the field of science and the environment, and Lana Fahd Al-Abbasi and Zeina Tariq Maimani, who won in the field of physics and astronomy.

Intel ISEF is the world’s largest pre-college science competition and is an opportunity for young minds around the world to share ideas and showcase cutting-edge projects.

Intel ISEF says the winners are selected on their creative ability, scientific thought, as well as the thoroughness, skill and clarity shown in their projects.

Former Intel ISEF participant Wud Al-Saadoon won first place in the finals of the Kingdom’s National Olympiad for Scientific Creativity after working extensively on her project. She discovered her passion for science when she was in third grade, passing all aptitude tests for elementary, intermediate and high school and registering in Mawhiba enrichment programs starting from elementary school to high school.

“These programs allow students to enrol temporarily in a Saudi university,” she told Arab News. “This is how I participated as a high school student in the second olympiad program before I enrolled at King Fahd University of Petroleum and Minerals.”

She specialized in renewable chemical energy and made a special device which won her third place in a local competition.

She then qualified for Intel ISEF, where she won fourth place in the field of chemical energy last year.