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Dr. Munira bint Badr Al Mahasir, Director General of the Eastern Province Education Department, congratulated his sons, daughters and students who received awards at the recently held Ebda Science and Technology Exhibition 2026 in Riyadh, organized by the Foundation for Talent and Creativity of King Abdulaziz and his associates, Mawiba, in strategic partnership with the Ministry of Education.Dr. Al Mahasir congratulated the students on this great national achievement. This great achievement was achieved with the support of wise leaders and a relentless dedication to enabling our people to excel and compete in the local and international arenas. She presented this…

The Kingdom of Saudi Arabia continues to strengthen its leadership position in the startup ecosystem after recording the highest annual venture investment growth in the Middle East and North Africa region in 2025, at 145%, with approximately $1.72 billion in funding, the highest since 2018, according to available data.Data published by the Magnite platform, which specializes in monitoring data on startups in the region, revealed that Saudi Arabia became the most active market in terms of number of deals for the first time, recording around 257 deals, an increase of 45% year-on-year.The data confirmed that Saudi Arabia continues to lead…

Saudi Arabia emphasizes institutional and geographical integrity of Gaza and West Bank Saudi Arabia emphasizes the need to implement UN Security Council Resolution 2803 (To End the Gaza Conflict) as the main legal and political framework, particularly with regard to the work of the Peace Council, the withdrawal of Israeli forces, the end of the occupation, and the creation of conditions conducive to political progress. Dr. Manal Radwan, Minister of Foreign Affairs and Plenipotentiary of Saudi Arabia, said that increased diplomatic efforts, dialogue and concerted action are needed at this stage to keep the peace process in line with the…

JPMorgan market strategist Nikolaos Panigirtzoglou predicted that gold prices could rise to a range of $8,000 to $8,500 an ounce in the coming years in the face of volatility in the U.S. stock market and as retail investors increasingly rely on the yellow metal as a hedging alternative to bonds.According to a report on the Barron’s website, Panigirtzoglou explained that retail investors’ interest in long-term bonds will decline from 2022 onwards, as the Federal Reserve’s sharp interest rate hike has caused the prices of stocks and bonds to fall simultaneously, reducing the performance of traditional portfolios such as a 60/40…

Abu Dhabi is consolidating the assets of Abu Dhabi Developmental Holding Group (ADQ) under new sovereign investor L’IMAD. Abu Dhabi’s Supreme Council for Finance and Economy, the body responsible for formulating public policy on financial, investment, economic, oil and natural resource issues, has issued a consolidation resolution aimed at creating a “government investment powerhouse with a diversified asset base,” the Abu Dhabi Media Office said in a statement on Friday. The fund’s portfolio spans operational, development, industrial and financial capabilities and consists of more than 25 investment companies and platforms and more than 250 subsidiary companies. Key assets include TAQA,…

BASRA, Iraq: In a greenhouse and sterile laboratory west of Basra, Iraqi technicians wearing gloves and masks lift tiny date palm sprouts from jars, hoping to one day restore orchards ravaged by decades of war, land loss and creeping water salinity. Date palms, once the center of Iraq’s agricultural economy, have been devastated by the damming of the Tigris and Euphrates rivers, reduced rainfall, saltwater intrusion and decades of conflict. Driven by the private sector, scientists and authorities are now expanding tissue culture propagation to produce disease-free date palm seedlings and preserve Iraq’s rare varieties. “Tissue culture agriculture is mainly…

The National Housing Corporation (NHC) has announced the establishment of a board of directors for the new term (2026-2030 AD), headed by His Excellency Musaed bin Abdulaziz Al Daoud, after being elected by His Excellency Majid bin Abdullah Al Hogair, Minister of Urban Housing and His Excellency Mohammed bin Abdullah, Minister of Finance. Al Jadaan, representative of the company’s equity owners.The NHC Board of Directors was established in a new session with Mr. Ibrahim bin Mohammed Al Ghayhab appointed as the Vice-Chairman of the Board, and Mr. Ahmed bin Abdullah Al Al Sheikh, Mr. Abdul Rahman bin Abdullah Al Taweel,…

Ras Al Khaimah – The Government of Ras Al Khaimah, represented by the Department of Public Services, has signed a long-term sewage treatment agreement (STA) with a consortium of companies consisting of Etihad Water and Electrics (Etihad WE), TAQA Water Solutions and Saul International. The agreement includes the development of the Ras Al Khaimah sewage treatment plant, which has a capacity of 60,000 cubic meters per day. Once completed, the project will potentially serve a population of 300,000 people. The innovative public-private partnership (PPP) will upgrade and expand the emirate’s wastewater infrastructure, reinforcing Ras Al Khaimah’s long-term vision of sustainable…

JAKARTA/SINGAPORE – Indonesia’s economic chief minister pledged on Friday to increase transparency in financial markets and improve corporate governance after the stock exchange chief resigned after taking responsibility for an $80 billion stock market crash. Airlangga Hartarto told a press conference that authorities are working on stock market reform and the country’s economic fundamentals remain sound. Proposed improvements include doubling the share float requirement to 15%, allowing pension and insurance funds to increase capital market investments from 8% to 20% of their portfolios, and verifying the affiliation of shareholders with less than 5% ownership. “The government will ensure the protection…

The Kingdom of Saudi Arabia supported the Middle East Green Initiative (MGI) and stressed the importance of regional cooperation and collective action to advance towards achieving the goals of environmental protection, expanding vegetation coverage, and addressing the challenges of desertification, drought, and climate change. Saudi Arabia also announced the start of the operational phase of the initiative and preparations for the launch of an ambitious project. This was stated in a speech by Abdulrahman Al-Fadly, Minister of Environment, Water and Agriculture, who is also the Chairman of the second session of the MGI Council of Ministers, at the conclusion of…