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  • Saudi Cultural Fund to launch on Thursday new initiative to finance cultural projects

    The Fund will launch on Thursday a financing program, the first of its kind, to develop the cultural sector and integrate the private sector in providing financing solutions for establishments operating in various cultural and creative fields. The program is set to build strategic partnerships to link the public and private sectors with their non-profit counterparts, as well as to develop it, achieve its sustainability, and enhance its profitability.

  • Delivery partner appointed for construction of world’s largest airport in Saudi Arabia

    UK-based construction company Mace has won the role of delivery partner for Saudi Arabia’s King Salman International Airport, which is expected to be the world’s largest airport once completed. Mace will oversee the planning and construction of the airport in Riyadh and will work alongside the King Salman International Airport Development Company (KSIADC), which is owned by Saudi Arabia’s Public Investment Fund (PIF). The six-runway airport is expected to be ready to transport people travelling for Riyadh Expo 2030 and the FIF World Cup 2034.

  • Saudi POS operations reached 204 million with a value of over SR13 billion in a week

    The total number of point of sale (POS) operations in Saudi Arabia reached more than 204 million with a value of over SR13 billion during the last week. A total of 204,274,000 POS operations, with a value of SR13,568,097,000, were undertaken during the period from August 11 to 17 compared to SR13,093,782,000 in the previous week, according to the Saudi Central Bank's weekly bulletin for points of sale. The number of operations in clothing and shoes accounted for 7,338,000 with a value of SR931,595,000 while the operations in construction and building materials stood at 1,606,000 with a value of SR332,513,000. The number of operations in education reached 232,000 with a value of SR1,011,702,000.

  • Saudi infrastructure provider signs on for The Rig giga-project

    Saudi adventure tourism project The Rig has contracted a local company to develop the infrastructure for one of the kingdom’s more outlandish giga-projects. The Public Investment Fund (PIF) company said International Maritime Industries (IMI) had formally agreed to provide maritime logistics and infrastructure for the project, which has an ambitious target date of 2027. The Rig involves two floating entertainment centres on oil rig platforms off Saudi Arabia’s east coast.

  • Saudi Arabia’s NEOM Green Hydrogen Plant launches mass recruitment drive

    NEOM Green Hydrogen Company (NGHC) has initiated a major recruitment campaign for its world-leading green hydrogen plant in Saudi Arabia’s futuristic city NEOM, as the project moves closer to its operational phase. The $8.4 billion facility, set to be the world’s largest green hydrogen production plant, is progressing on schedule for full operations by the end of 2026. The project aims to produce up to 600 tonnes of carbon-free hydrogen daily, potentially eliminating five million tonnes of CO2 emissions annually.

  • Cristiano Ronaldo remains all the rage but Saudi Pro League needs a title race

    Even with players such as Sadio Mané, Marcelo Brozovic and Aymeric Laporte as fellow Yellows, and plenty of other talent, Al-Nassr do not look ready to finish above Al-Hilal at the moment. The president of the club resigned this week and there have been claims that the head coach, Luís Castro, survives in the job only because of Ronaldo’s protection. Reports of other Saudi clubs ready to pinch unsettled players – the transfer window shuts on 2 September – also does not help.

  • Saudi Pro League brings in Webook to manage electronic ticketing

    The Saudi Pro League (SPL), which kicks off its new season tomorrow, has signed a three-year deal with ticketing platform Webook.com. The SPL said the aim was “to streamline the fan experience for partnering clubs, offering early access to tickets, and season passes. Fans within the Kingdom and abroad will be able to purchase tickets well ahead of matchday.” As well as administering the tickets sales process, Webook.com will support clubs with technical assistance and ongoing ticket promotions, working towards integrating Webook into their own sites.

  • Voices of the Desert: A Collaborative Journey in the Saudi Arabia Pavilion

    The National Pavilion of Saudi Arabia at the 60th International Art Exhibition of La Biennale di Venezia presents a powerful collaboration between curators Jessica Cerasi, Maya El Khalil, and Shadin AlBulaihed, alongside renowned artist Manal AlDowayan. Together, they have created “Shifting Sands: A Battle Song,” an evocative multimedia installation that delves into the complexities of identity, media representation, and the voices of Saudi women.

  • As China-Saudi ties develop, so will cross-border yuan use, ratings agency says

    “This involves many sectors, larger sums of financial flows both ways and many more companies,” Chang said in an interview. “Economic and strategic alignment in terms of development plans” could further elevate the yuan in Saudi Arabia despite wider geopolitical tensions, he added. The tripling of China’s trade with the Middle East observed over the past two decades, report authors said, adds potential for the broader use of the yuan among Gulf states.

  • Saudi Arabia Unveils New Umrah Program to Enhance Pilgrim Experience

    In 2023, Saudi Arabia recorded 13.5 million pilgrims. The new program seeks to improve these figures by supporting service providers. It encourages companies to adopt professional destination management and trip organization strategies. The ministry collaborated with the Pilgrim Experience Program, an integral part of Saudi Vision 2030, to organize the second Umrah organizations’ gathering in Makkah. Led by Hajj and Umrah Minister Tawfiq Al-Rabiah, the meeting focused on enhancing the Umrah experience and empowering the private sector to provide year-round services.