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  • Education, commerce ministers open new Saudi Business Center branch

    Saudi Education Minister Yousef Al-Benyan and Commerce Minister Majid bin Abdullah Al-Qasabi on Monday inaugurated the Saudi Business Center branch at the Ministry of Education in Riyadh. Head of the Saudi Authority for Data and Artificial Intelligence, Abdullah Al-Ghamdi, also took part in the ceremony attended by leaders of government agencies, and investors in the private education sector.

  • Saudi Arabia has transformed its cyber defenses, but businesses need to do more: Kaspersky CEO

    Eugene Kaspersky, CEO and cofounder of Kaspersky, an IT security company with 4,000 employees, told Arab News in an exclusive interview that governments should introduce regulations for cybersecurity systems and require businesses to adhere to the related guidelines in the same way they do for fire hazards regulations.

  • Saudi date business sees room for growth

    NCPD has launched a marketing campaign for Saudi dates in five countries initially, says Al-Yahya. “Indonesia, Morocco, France, the UK and the US - this is the beginning,” he reveals. “In the second year, we will look to add some more countries. We are trying to connect all the data, do all the marketing studies and strategies and share this with all our producers. We also educating them on all the certifications they need to export.”

  • Saudi date business sees room for growth

    Indonesia is the main focus of the latest marketing drive for Saudi dates, along with Morocco, France, the UK and the US, as the Kingdom aims to be the first choice for date consumers globally Saudi Arabia is intent on becoming the number one choice for consumers looking for top-quality dates. However, so many varieties and sources exist that standing out from the crowd can be a tall order. At Asia Fruit Logistica in Bangkok, Thailand, the National Centre for Palms and Dates (NCPD) sought to do just that, hosting a large pavilion for multiple Saudi date producers to promote their products.

  • Reassessment or Business as Usual in U.S.-Saudi Relations: Audio

    Aaron welcomes veteran OPEC watcher Helima Croft and Princeton University’s Bernard Haykel as they discuss the future of U.S.-Saudi relations.

  • Israeli president touts business ties on first Bahrain visit

    Bahrain's King Hamad bin Isa Al Khalifa met President Isaac Herzog on Sunday in the first visit by an Israeli head of state to the Gulf state since the countries forged ties two years ago and as a right-wing coalition government takes shape in Israel. Herzog, whose post is largely ceremonial, will then visit the United Arab Emirates, which also normalised ties with Israel in U.S.-brokered pacts known as the Abraham Accords and had already hosted the Israeli president.

  • Saudi Arabia’s business conditions across non-oil sector at more than seven-year high

    Business activity in the non-oil private sector economy of Saudi Arabia continued to improve in November, growing at the fastest pace since August 2015 as new order growth accelerated to a 14-month high, leading to a sharper rise in purchasing activity. The reading on Riyad Bank's purchasing managers’ index for Saudi Arabia jumped to 58.5, from 57.2 in October, well above the neutral 50 mark that separates growth from contraction.

  • Japan calls off business forum after Saudis cancel trip

    A business forum of Japanese and Saudi government and business leaders set to take place in Tokyo next Monday has been called off after the Saudi delegation cancelled its trip, event organiser Japan External Trade Organization (JETRO) said. Saudi Minister of Investment Khalid Al-Falih was among the delegation that had been expected to attend the forum, a JETRO official said on Friday, without elaborating. A separate Saudi-Japan reception hosted by Arab News planned for Sunday was also cancelled, JETRO said.

  • Branded coffee shops become big business in the Middle East

    Project Café Middle East 2023 is World Coffee Portal’s strategic analysis of the Middle East and North Africa (MENA) branded coffee shop market*. It reveals the total market grew 10.5% over the last 12 months to reach 8,874 outlets, becoming a key geography for major international coffee chains and a new crop of domestic operators raising the bar for quality and service

  • Business Leaders Wary of Increasingly Geopoliticized Global Economy

    Although a true comparison with last year’s results isn’t possible owing to changes in the list of risks presented, “infectious diseases” has plummeted as a concern despite new variants of COVID-19 and periodic surges in case numbers; cost-based challenges trump concerns about growth and employment; and cross-border friction is now perceived as more of a threat than domestic stability within countries, except for a notable elevation of concern about “state collapse” in certain emerging market countries.