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  • Saudi Arabia identifies 1,200 sites for wind, solar projects

    Researchers at King Abdulaziz University recently conducted a techno-economic analysis for utility-scale wind and solar plants in Saudi Arabia. They found that current tariffs make projects economically unviable. The Saudi Power Procurement Co. (SPPC) recently launched the fifth round of the Saudi Arabian government's National Renewable Energy Program (NREP).

  • Delivery orders in Saudi Arabia hit 200M in 2023, Riyadh on top: TGA

    Delivery orders exceeded a whopping 200 million across Saudi Arabia last year, Saleh Al-Zuwayed, Spokesperson for the Transport General Authority (TGA), told Asharq News.   Riyadh had the lion’s share of these orders, followed by Jeddah then the remaining cities.   He added that 37 licensed delivery firms operate in the Kingdom, along with 100 others in the light transport field, which deliver orders of 3.5 million tons maximum. Regulations will drive growth in this activity, while enhancing the quality of services and operating efficiency.   TGA recently issues six regulations for the order delivery sector, to come into force gradually as of next April, Argaam earlier reported.

  • Saudi businesswoman buys signed Ronaldo Al-Nassr jersey for $125,000

    The sale took place during a dinner party on the sidelines of an event in the run-up to the Diriyah ePrix, which will take place on Jan. 26 and 27. In a 65-second video of the auction posted on X, the auctioneer can be heard saying the bidding for the Portuguese star’s shirt has reached $77,500, and he notes his surprise that it is increasing so quickly.

  • Saudi Arabia’s Civil Code: ‘good faith’ in construction contracts

    Saudi Arabia’s Civil Transactions Law clarifies the requirement for ‘good faith’ contracting throughout the lifecycle of construction projects in the Kingdom.  Saudi Arabia's Civil Transactions Law (Civil Code) entered into force on 16 December 2023. In this article, we consider the potential consequences of provisions within the Civil Code requiring parties to contract in ‘good faith’.

  • S. Korea to face Saudi in Asian Cup last 16 as group phase wraps up

    Saudi Arabia, one of the most successful teams in the history of the Asian Cup with three titles, had already qualified out of Group F. Roared on by hordes of their fans at Education City Stadium, one of the venues for the 2022 World Cup, they were held 0-0 by Thailand to top the group in a lively draw that clocked up four disallowed goals. In the other Group F match, Oman drew 1-1 with Kyrgyzstan and finish third. Both sides were eliminated, allowing Indonesia to squeeze through without playing on the day. Read more: https://www.al-monitor.com/originals/2024/01/s-korea-face-saudi-asian-cup-last-16-group-phase-wraps#ixzz8PvysyJwF

  • Dakar Rally 2024 Results: Carlos Sainz Earns Audi’s 1st Win; Father of Star F1 Driver

    Carlos Sainz, the father of Formula 1 driver Carlos Sainz Jr., won the 2024 Dakar Rally on Friday in Saudi Arabia to give Audi it's first-ever victory in the race.

    Sainz, who has now won the race four times, finished one hour, 20 minutes and 25 seconds ahead of Guillaume de Mevius to claim the title. He broke his own record as the oldest winner in Dakar Rally history at 61 years old.

    The Spaniard also won the race in 2010, 2018 and 2020. However, he was racing for different manufacturers in each of those races—Mini, Volkswagen and Peugeot.

    "To be here at my age and to stay at the level, you need to work a lot beforehand. It doesn't just come like that," Sainz said after the race, according to BBC.

  • 2024 Edelman Trust Barometer Reveals Innovation has Become a New Risk Factor for Trust

    The 2024 Edelman Trust Barometer reveals a rift between innovation and society that has become the new factor causing further polarization. Respondents, by nearly a two-to-one margin, feel innovation is being poorly managed; this is true across age groups, income levels, and gender, and in both developed and developing countries people are more likely to say innovation is poorly managed than well managed. Innovations have also become politicized, especially in Western democracies where right leaning individuals are far more likely than those on the left to reject them; the biggest differences between those on the right and left are in the U.S. (41 points), Australia (23 points), Germany (20 points), and Canada (18 points).

  • Saudi Arabia ranks 1st on 2024 Edelman Trust Barometer

    The 2024 trust barometer reported that 86% of Saudis trusted their government, compared to 83% a year earlier.   The Kingdom also took the fourth place globally on the index of trust in the business sector and came seventh on the index of trust in media.   The survey covered nearly 32,000 respondents from 28 countries.   China came second in terms of trust in government, followed by the UAE and Singapore.

  • Saudi AAM Initiative to provide safe and most developed means of air mobility in Mideast

    This includes a wide range of innovative solutions ranging from small unmanned aircraft to aircraft with vertical take-off and landing. These technologies will be able to provide safe, sound, sustainable and faster means of transport for people and goods, characterized by high technical capabilities that contribute to alleviating congestion on the roads and facilitating easy access to remote areas in the country, and thus contributing to achieving overall economic and social development.

  • Saudi Arabia identifies 1,200 sites for wind, solar projects

    The Saudi energy minister, Abdulaziz bin Salman Al Saud, has said that experts have identified 1,200 sites for the deployment of large-scale wind and solar projects across the country. According to local media reports, the minister made the announcement at the Digital Government Forum in Riyadh. He said that the sites are spread across the country. Site identification was made through a geographical survey.