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  • Saudi Arabia’s AlUla opens 2nd site-responsive desert art exhibition

    Under the theme of Sarab (mirage in English), the event runs from February 11 to March 30 and aims to explore ideas of mirage and oasis, where participating artists are invited to address dreams, camouflage, fiction, appearance or disappearance, extraction, illusion and myth, and examine the dichotomy between the natural and manmade worlds, reports Xinhua news agency.

  • Saudi logistics startup RedBox raises $3 million

    Founded in 2019 by Thamer Altuwaiyan and Zun Phan, Redbox operates a network of 170 smart lockers in Saudi Arabia and currently serves more than 9,000 e-commerce businesses.

  • Neom and MBC partner to establish AAA games development studio in Saudi Arabia

    AAA is a classification within the gaming industry that label games produced and distributed by midsized or big publishers that usually have higher budgets. “We know there is a growing convergence between gaming and the media sector more broadly, so by building one, we are helping the other grow,” Neom’s chief executive Nadhmi Al Nasr said.

  • Saudi GDP grows by 6.8% in fourth quarter – flash estimates

    Saudi Arabia's gross domestic product grew by 6.8% in the fourth quarter, bringing overall growth last year to 3.3%, official flash estimates showed on Thursday. The quarter's growth was driven by a 10.8% rise in oil activities and a 5% increase in non-oil activities, the General Authority for Statistics said. Government services increased by 2.4%.

  • Saudi Aramco restarts discussions on 300,000 b/d China refining venture

    Saudi Aramco has restarted discussions regarding a joint project to build a 300,000 b/d refining and petrochemical complex in Northeast China, sources with direct knowledge of the matter told S&P Global Platts Feb. 9, as the oil giant looks to take advantage of surging crude oil prices.

  • Saudi Arabia Adopts Smart City Strategy

    The Ministry of Municipal, Rural Affairs, and Housing stated that over 50 initiatives will be launched in nine sectors by 2030. The initiatives include smart parking and systems to preserve the environment and waste disposal, housing and smart community management, land and asset management, urban landscape improvement, and urban planning. The ministry stressed that through the strategy, it aims to achieve three main goals: improving the quality of life of citizens, achieving financial sustainability, and improving the quality of services.

  • Dubai plans to attract 50 multinational companies as part of global hub push

    Dubai plans to attract 50 multinational companies within three years, the emirate's government media office said on Wednesday citing a statement from the Dubai International Chamber. The plan is part of a three-year strategy adopted by the chamber to boost the emirate's status as a global trade hub, it said, adding that it will also support 100 Dubai-based companies with international expansion.

  • More than 6,000 athletes to participate in 2022 Saudi Games

    The chosen sports are archery, athletics, badminton, 5x5 and 3x3 basketball, beach volleyball, billiards, bowling, boxing, camel racing, chess, road cycling, equestrian (in the form of endurance jumping), electronic games, fencing, football, golf, gymnastics, handball, rowing, judo, jiu-jitsu, karate, kickboxing, muaythai, shooting, sports climbing, skateboarding, squash, swimming, table tennis, taekwondo, tennis, triathlon, volleyball, water polo, weightlifting, wrestling, paddling, karting, sambo, aikido, wushu and balut, a traditional card game.

  • UK Culture secretary Nadine Dorries signs arts agreement with Saudi Arabia

    The UK government has signed a memorandum of understanding with the Saudi Arabian state designed to strengthen cultural links between the two countries. Nadine Dorries, the UK Culture Secretary, participated in the signing ceremony at the Diriyah Biennale in the Jax district on the outskirts of Riyadh.

  • Saudi delivery startup BARQ secures $4m seed round

    Saudi delivery startup BARQ has secured $4 million in a seed round. The money will be used to expand the firm’s geographic footprint in the Kingdom and diversify its product offerings. The round was led by early stage venture capitalists OTF Jasoor Ventures, and Hambro Perks Oryx Fund — a Middle East and North Africa-focused investment fund according to Magnitt.