Saudi Arabia, World Bank pledge $100m to global tourism fund

  • RIYADH: Saudi Arabia, in partnership with the World Bank, pledged $100 million to establish the International Fund for Comprehensive Tourism, Ahmed Al-Khateeb, the Kingdom’s Minister of Tourism said during the opening speech of the Tourism Recovery Summit 2021 held in Riyadh. “This will be th...
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Will India’s new 40% export duty on onions worsen food inflation in the Arab world?

  • RIYADH/NEW DELHI: In an era of increasing global interdependence in a wide range of sectors, from energy supplies to food security, the effects of decisions and events in one country rarely remain limited to that country. Take the India government’s recent move to impose a 40 percent duty on ...
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Noor Riyadh wraps up with 2.8m visitors & six Guinness titles

  • Noor Riyadh, the Saudi capital’s citywide annual festival of light and art, celebrated its second edition with bigger and bolder figures, including six Guinness World Records titles. Foremost of the record titles that the event achieved is for the largest light art festival, as this year, the f...
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KAEC’s golf course & clubhouse wins three coveted awards

  • In a triumphant win for King Abdullah Economic City’s exclusive golf course and clubhouse, Royal Greens has received three prestigious awards at the 9th annual World Golf Awards. Royal Greens’ continuous efforts to create a pristine destination for golf connoisseurs and newer enthusiasts to the...
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MIPIM 2023: ROSHN highlights green community revolution

  • Micromobility and local community infrastructure headlined the debate on the second day of Le Marché International des Professionnels de L’immobilier 2023. The world’s leading real estate market event, MIPIM 2023, was held in Cannes from March 14-17. Driven by ROSHN Group CEO David Grover, Sa...
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stc digitally powers F1 Saudi Arabian Grand Prix 2023

  • Leading digital champion stc Group provided the digital infrastructure for the 2023 edition of the stc Formula 1 Saudi Arabian Grand Prix, marking the group’s third consecutive year of partnering with Formula 1. The partnership is in line with stc’s commitment to enriching people’s lives thro...
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‘ROAM’ to herald new era of luxury travel in Saudi Arabia

  • Saudi lifestyle company Cool Inc. and UK-based bespoke travel company Pelorus have launched ROAM, a new luxury destination management company in Saudi Arabia. The joint venture is built on an understanding of adventure, curation and awe, constantly striving to be bold in all its endeavors. The ...
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Arab energy ministers step up coordination on Saudi Arabia’s Middle East Green Initiative

  • RIYADH: Members of the Organization of Arab Petroleum Exporting Countries held their annual meeting on Thursday to discuss activating regional green initiatives. OAPEC assigned its Executive Office to coordinate with Saudi Arabia and work with member states as part of the Middle East Green Ini...
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Delivering organizational value to AEC’s stakeholders

  • Ziad bin Houmod Al-Musallam has been president and CEO of Advanced Electronics Co., a subsidiary of Saudi Arabian Military Industries, since March 2021. He has also been executive vice-president of SAMI’s Defense Electronics division since December 2021. AEC, founded in 1988 and headquartered...
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International women's day: How female entrepreneurs are impacting GCC business

  • Women are increasingly taking center stage in the business world of the GCC as they feel empowered by recent progressive reforms undertaken by some of the regional countries.  Led by the UAE and Saudi Arabia, the region has been witnessing a change in recent years as countries are pushin...
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