- Mercedes-Benz and Juffali Automotive Company partner with EVIQ to drive Saudi Arabia’s Electric Mobility Transformation
- Riyadh Hosts Saudi-Egyptian Industrial Forum
- HONOR KSA expands its presence with new flagship Experience Store in Riyadh
- Turkey hopes for funding surge from global institutions
- Saudi Vision 2030 exceeds PIF targets, but others lag
- Saudi Arabia reports record non-oil exports in 2024
- Official email to be required for Kuwait business licences
- Riyadh Air Willing to Buy Boeing Planes from Cancelled Chinese Orders
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Rooted in tradition, Riyadh is also establishing itself as a global hub for contemporary and digital art. Artists like Turki AlQahtani are at the forefront of this cultural renaissance, pushing the boundaries of artistic expression by blending heritage with cutting-edge technology. “Patterns have long been central to Arab culture as a visual language of identity, history, and meaning,” says Turki AlQahtani, a media artist and filmmaker whose work explores Arab motifs through a digital lens. His journey began with a handheld camera, capturing everyday life, but soon evolved into a more intentional practice of constructing patterns, often using himself as…
Saudi Arabia’s private sector buyers are expected to spend $1.22 billion on residential real estate in 2025, with the NEOM megaproject emerging as the most attractive destination for home purchases, according to global real estate consultancy Knight Frank. NEOM, a centerpiece of Saudi Vision 2030, is projected to house 9 million people and plays a crucial role in the Kingdom’s economic diversification strategy, reducing reliance on oil. A Knight Frank report released on Tuesday, surveyed 1,037 households, including 100 expatriate families living in Saudi Arabia. The study found that both Saudi citizens and residents plan to spend $489 million on…
Here are five key things investors need to know to start the trading day:1. Back and forth2. Man of steelFILE PHOTO: A worker welds a steel tube at HCC, a company that uses parts to make combines, at the factory in Mendota, Illinois, U.S., February 21, 2025. Vincent Alban | ReutersPresident Donald Trump’s 25% tariffs on steel and aluminum imports take effect Wednesday — and Europe was quick to respond. The European Union said it would impose tariffs on more than $28 billion worth of U.S. goods, effective in April, as a countermeasure to what the European Commission called “unjustified trade…
Chef Roaya Saleh is a culinary trailblazer who swapped the fast-paced world of investment banking for the sizzling kitchens of her true passion—food. What started as a cozy extension of her own home kitchen in Bahrain has blossomed into Villa Mamas, a beloved dining destination across the GCC and Europe. Inspired by her childhood adventures through the Middle East and India, Villa Mamas’ menu is a love letter to bold flavors and comforting nostalgia. From aromatic biryanis to velvety hummus, every dish invites you on a journey without ever leaving your seat. Often called a grander version of Chef Roaya…
KSrelief distributed 1,000 food baskets in Zabre, Burkina Faso, benefiting 6,000 individuals as part of the “Etaam” Ramadan food assistance project.Ouagadougou, March 12, 2025 – The King Salman Humanitarian Aid and Relief Center (KSrelief) has distributed 1,000 food baskets to the most vulnerable families in Zabre, Burkina Faso, benefiting 6,000 individuals, as part of the “Etaam” Ramadan food basket distribution project for the year 1446 AH. This distribution is a key element of the Kingdom of Saudi Arabia’s ongoing humanitarian and relief efforts aimed at alleviating the suffering of the needy around the world during the holy month of Ramadan.…
The dollar struggled on Wednesday to lift off a five-month low against major peers, as worries about the US economy simmered, in view of President Donald Trump’s unpredictable trade policies.The euro hovered around a five-month peak on increased optimism for an end to the war in Ukraine.The Canadian dollar was steady after a volatile session on Tuesday, when Trump pledged to double tariffs on steel and aluminium to 50%, only to reverse course just hours later.The Bank of Canada decides policy later on Wednesday, with traders expecting another quarter-point interest rate cut.”Trade uncertainty persists and therefore so does market volatility,”…
Aleksei Gorodenkov/Alamy via Reuters Connect International investors are increasingly interested in Gulf companies with expansion plans Surge of international interest Supported by strong local markets Valuations lower than US and Europe Global investors are increasingly vying for stakes in later-stage Gulf startups, betting on the region’s economic expansion and stronger exit opportunities, as the regional IPO markets gain momentum. The region, long overlooked for growth-stage capital – minority investments in established companies aimed at accelerating expansion – is witnessing a surge of interest from giants such as General Atlantic, General Catalyst and others. “In all the investment opportunities we’ve looked…
KSrelief distributed 80 food baskets in Peqin, Albania, as part of the “Etaam” Ramadan Food Basket Project, benefiting 400 individuals.Tirana, March 12, 2025 – The King Salman Humanitarian Aid and Relief Center (KSrelief) has successfully distributed 80 food baskets in Peqin, Republic of Albania, benefiting 400 individuals as part of the fourth phase of the “Etaam” Ramadan Food Basket Project for the year 1446 AH. This initiative is a vital component of Saudi Arabia’s continuous humanitarian efforts to provide relief to vulnerable populations during the holy month of Ramadan.The “Etaam” project, launched by KSrelief, aims to distribute a total of…
The Saudi Stock Exchange closed lower today, with the main index falling by 27.67 points and the Parallel Market Index (NOMU) dropping by 268.15 points.Riyadh, March 12, 2025 – The Saudi Stock Exchange (Tadawul) saw a decline in its main index today, with the benchmark TASI closing lower by 27.67 points, settling at 11,717.96 points. This marks a modest retreat in market sentiment, as investors faced a mixed trading session. The total value of trades for the day amounted to SAR 7.7 billion, with a total of over 3.9 million shares changing hands across various sectors. While some stocks saw…
The Saudi government has granted the new Investment Marketing Authority the authorization to enlist experts and specialists from both local and global companies and institutions. This move aims to provide professional tools and products, leveraging their expertise in their respective fields. Additionally, it seeks to foster partnerships that align with development goals between local and foreign investors. Last week, the Cabinet approved the regulation of the Saudi Investment Marketing Authority. This decision is part of efforts to position the Kingdom as a world-class investment hub in line with the goals of Vision 2030, which seeks to diversify the economy, enhance…