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  • Saudi Media Ministry and Google partner for digital shift

    The Ministry of Media in Saudi Arabia and Google have announced a strategic collaboration to support the digital transformation of the media sector in the Kingdom. The announcement, which was made during the 3rd Saudi Media Forum, coincided with the declaration of Minister of Media Salman Al-Dosary that 2024 is the year of media transformation in Saudi.

  • Saudi Arabia unveils new tax rules for the Regional Headquarters program

    Under the RHQ Tax Rules, RHQ entities established in Saudi Arabia that meet the relevant criteria are granted a 30-year renewable tax incentive of 0% corporate income tax (CIT) and 0% withholding tax (WHT). The WHT exemption applies to the following payments the RHQ makes to nonresidents: (i) dividends; (ii) payments to related persons; and (iii) payments to unrelated persons for services that are necessary for the RHQ's activities.

  • Saudi fund-backed firm partners with Chinese surveillance maker

    Alat, a newly formed entity owned by Saudi Arabia's Public Investment Fund (PIF), and Dahua Technology, one of China's biggest surveillance equipment makers, will manufacture surveillance hardware in Saudi Arabia, Alat's new CEO announced at an event in Riyadh. The joint venture will also manufacture hardware, such as sensors, used in so-called "smart cities" and establish a research and development centre in the kingdom.

  • Saudi fund-backed firm partners with Chinese surveillance maker

    A subsidiary of Saudi Arabia's sovereign wealth fund with ambitions to develop sophisticated technology on Tuesday announced a $200 million partnership with a Chinese surveillance technology company previously sanctioned by the United States. Alat, a newly formed entity owned by Saudi Arabia's Public Investment Fund (PIF), and Dahua Technology, one of China's biggest surveillance equipment makers, will manufacture surveillance hardware in Saudi Arabia, Alat's new CEO announced at an event in Riyadh.

  • Saudi tech firm Alat to partner with SoftBank, others

    Alat is also partnering with China's Dahua Technology and The Saudi Technology and Security Comprehensive Control Company (Tahakom), it said, and will support them in reducing their emissions and moving towards carbon zero manufacturing. Alat CEO Amit Midha, who was appointed earlier this month, also announced the partnerships at an event in Riyadh. Alat aims to invest $100 billion in the kingdom by 2030, and will manufacture advanced industrials and electronics in more than 30 product categories.

  • AlUla’s Wadi AlFann, Valley of the Arts, presents two exhibitions by Saudi artist Manal AlDowayan 

    The work of Manal AlDowayan, one of Saudi Arabia’s leading contemporary artists, is often focused on cultural metamorphosis, collective narratives and the representation of women, particularly from her home country.  AlDowayan, who will represent the Kingdom at this year’s Venice Biennale, is currently the subject of two exhibitions in AlUla as part of the pre-opening program of Wadi AlFann, a major new cultural destination for art, design and performance.  

  • Parts of Saudi Arabia covered with snow

    The Middle East has been experiencing a remarkable weather phenomenon this week, with the United Arab Emirates (UAE) enduring an intense hailstorm, followed by Oman being battered by torrential rains that caused such severe flooding the government declared a national holiday. Adding to this meteorological spectacle, parts of Saudi Arabia have now been covered in a layer of snow, transforming the landscape into a winter wonderland on Thursday, February 15. In Saudi Arabia, the temperature took a significant dive as heavy rains pelted the mountainous regions of Jabal Al Lawz, subsequently giving way to a light snowfall that has captivated both residents and visitors. Snowfall in the desert regions is always a source of fascination, often generating viral videos and widespread awe, yet for the Tabuk region, this wintry blanket is not uncommon. Situated at an elevation of 2,600 meters, the area is known for its almond bushes and regularly attracts tourists eager to experience its cooler climate and unique snowy scenery.

  • Saudi FM stresses need for humanitarian efforts in Rafah with Iranian counterpart

    Saudi Foreign Minister Prince Faisal bin Farhan stressed the need for humanitarian efforts in Rafah with his Iranian counterpart Amir Abdollahian in a phone call on Friday, Saudi state news agency SPA reported. Israel has said it will mount an offensive to take out Hamas’s “last bastion” in Rafah, where well over 1 million Palestinians have sought sanctuary from its devastating Gaza offensive. Israel has said its army is drawing up a plan to evacuate civilians from Rafah to other parts of the Gaza Strip. But UN aid chief Martin Griffiths said on Thursday it was an “illusion” to think people in Gaza could evacuate to a safe place and warned of the possibility of Palestinians spilling into Egypt if Israel launches a military operation in Rafah.

  • Saudi Arabia is poised to establish more smart industrial zones

    The first edition of the Global Smart City Forum 2024 concluded in Riyadh on Tuesday with a revelation that Saudi Arabia is poised to create more smart industrial zones. The two-day forum saw several deliberations focusing on the future of smart cities and the challenges facing their infrastructure. The forum stressed the importance of integrating smart energy solutions for a sustainable future. It was revealed in the forum that the smart industrial zones would have great opportunities for the future in the fields of manufacturing and mining.

  • U.S. collaborates with allies, partners at Saudi-led Spears of Victory exercise

    Ninth Air Force (Air Forces Central)’s KC-135 Stratotanker aircraft and experts across the fields of command and control, security forces, and other critical operations deployed to the Royal Saudi Air Force’s Spears of Victory exercise Feb. 4-15, at King Abdulaziz Air Base. Spears of Victory includes eight countries and is one of the largest multinational exercises hosted by a U.S. partner in the region. The exercise provides opportunities to develop tactical proficiency, improve interoperability, strengthen military relationships and increase flexibility to address existing and emerging threats. The multilateral exercise builds confidence by familiarizing operators with a wide array of aircraft in various contingency scenarios.