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  • Baseball United signs historic partnership to bring game to Saudi Arabia

    Baseball United has announced a historic partnership deal with the Saudi Baseball and Softball Federation (SBSF) that provides them an unlimited term to host professional league and tournaments in the kingdom. It includes rights to new Baseball United franchises representing Riyadh, Jeddah, and Dammam – three of the kingdom’s largest cities, marking professional baseball's first foray into Saudi Arabia. “This is a monumental day for the sport of baseball,” Kash Shaikh, chairman, CEO, and co-founder of Baseball United, said.

  • Who are the favorites as F1 heads to Saudi Arabia for the second race of the season?

    Unsurprisingly given he is on a run of eight straight victories, Verstappen is the favourite going into this weekend. But he didn’t win in Saudi Arabia last year, that race one of just three that eluded him in his record-breaking 2023 campaign. Instead Sergio Perez emerged victorious, bringing his very best to this street track – as he so often does when the walls close in.

  • Saudi Arabia Raises Oil Prices for Asia

    Saudi Arabia raised the official selling prices of its crude for Asian buyers following the extension of the OPEC+ production cut agreement until the end of the first half of the year. The price for the country’s flagship Arab Light grade was raised by $0.20 per barrel over the Oman/Dubai average, Reuters reported, meaning April deliveries will cost $1.70 per barrel more than the Oman/Dubai average, up from $1.50 per barrel this month. At the same time, Aramco lowered its prices for European buyers, by between $0.60 and $0.70 per barrel. Prices for sales to the United States were virtually unchanged.

  • Saudi Arabia launches electronic platform to monitor gender balance

    The Saudi Institute of Public Administration (IPA) launched the experimental version of the electronic platform for the National Observatory for Gender Balance Indicators in Riyadh on Wednesday. The platform will review local and international indicators within the framework of gender balance to support decision makers, in line with the fifth goal of the Sustainable Development Goals on gender equality in the work environment.

  • Alicia Keys To Perform in Saudi Arabia In Honor of International Women’s Day

    It's clear that Alicia Keys loves her Saudi Arabian fans. In honor of International Women’s Day (Friday, March 8), Alicia Keys will host the third edition of her initiative called "Women to Women".  The private event taking place in Saudi Arabia, is in conjunction with the country's Formula 1 Grand Prix and is backed by Swizz Beatz's Good Intentions creative agency and international music platform 'MDLBEAST'. 

  • Four Seasons Continues Its Signing Spree in Saudi Arabia

    Partly-owned by one of the richest Saudi royals in the world, Four Seasons is on its way to becoming one of the most dominant luxury hotel chains in the country. Except in the U.S., you’d typically, find one Four Seasons property per country In Saudi Arabia, there are seven on the way, and one is already open in Riyadh – where Christiano Ronaldo lives. The latest signing is in Amaala, an upcoming development along the Red Sea coastline specifically targeting wellness travelers and those seeking medical tourism.

  • Saudi Arabia mulls investment office in Brazil

    The Saudi government announced on Tuesday that it is considering opening an office of its Investment Ministry in Sao Paulo, with the aim of boosting trade and business with Brazil. The announcement was made during the Brazil Saudi Arabia Conference, which gathered a delegation of around 70 Brazilian businesspeople and officials, Saudi Deputy Investment Minister Ibrahim Al-Mubarak and the executive director of the ministry, Waleed Al-Rubaie. The event program included a visit to the Saudi Public Investment Fund.

  • Will Saudi Arabia scrap SR400 fee imposed on expat dependents?

    Saudi Arabia is reconsidering a monthly fee levied on expatriates’ dependents as the kingdom is seeking to attract foreign talents to boost Saudi economy, a government minister has disclosed. “The decision to impose the fees on dependents was necessary because they benefited from the state subsidies on water, electricity, etc,” Saudi Minister of Finance Mohammed Al Jadaan said.

  • Saudi Arabia Advances Tech Hub Leadership Position with $888 Million in Deals at LEAP 24

    Saudi Arabia further advanced its position as a regional tech and investment hub during LEAP 24, with the announcement of $888 million in investment funds and funding rounds backing innovation and tech entrepreneurship in the Kingdom and across the region. On the second day of LEAP 24 in Riyadh, Investcorp launched a $500 million growth-stage fund. Oasis Capital launched "Fund II" with a capital of $100 million. The National Development Fund and the Social Development Bank established the $40 million Gaming and Esports Investment Fund, managed by Impact46. Merak Capital established a fund with $80 million to support game accelerators in Saudi Arabia. Saudi Arabia’s Takamol Holdings launched a $50 million investment arm, focused on funding early-stage tech companies. Plug and Play launched its first fund to invest in technology startups, while X by Unifonic announced its first investment fund to support business software services for startups.

  • Game-Changing Saudi Arabia Venue Set To “Push The Boundaries” Of Motorsport

    The Speed Park Track in Qiddiya City, just outside Riyadh, has been designed by legendary F1 designer Hermann Tilke, with former F1 driver Alexander Wurz providing his driver's eye view on its layout. The team behind the venue also worked with developers of the all-new city to seamlessly integrate it with the urban entertainment precincts that surround it.