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  • Saudi Commerce Ministry extends online services to help foreign firms set up regional headquarters in KSA

    Saudi Arabia's Ministry of Commerce has announced the provision of online services for foreign companies looking to establish regional headquarters in the country after securing a license from the Ministry of Investment. These services encompass issuing regional headquarters as a branch or as a new foreign company, in addition to issuing, amending, and renewing commercial registers, and reserving commercial names. These electronic services are accessible through the ministry's digital platform at e.mc.gov.sa and the Saudi Business Center's platform at business.sa.

  • Saudi Arabian women and collective memories: a discussion with artist Manal AlDowayan

    Saudi Arabian artist Manal AlDowayan used to hate the word feminist. “I thought feminism was created for white, Western women, and their language didn’t include me,” she told me recently. Her work spans the range of photography, video, sound, sculpture and participatory practice. It is usually themed around the limitations and pockets of freedom that Saudi women have, as well as interrogating traditions, and collective memories. This has caused the art public to look at her as a feminist artist, and that’s also why her statement is quite surprising. “I think my grandmother was a feminist,” she clarified quickly. “Not through her sexual conduct or the way she dressed. Just by her resilience. She was a strong woman. Her husband died early and she had to raise 10 children alone. All of them became successful in their own right. She was amazing.”

  • Saudi Aramco starts trading US crude that helps set Brent oil benchmark

    Saudi state oil company Aramco has started trading a U.S. crude oil grade that underpins the global Brent benchmark in a process run by oil-index publisher S&P Global Commodity Insights, the publisher said on Monday. Aramco, the world's largest oil company, has been expanding its trading activity. The company could not immediately be reached for comment on Monday after Saudi business hours. On Monday, Aramco sold a cargo of U.S. WTI Midland crude to Total in the Platts Market on Close process, known as the Platts window, trade sources said. Aramco had last Thursday sold another cargo of the U.S. crude.

  • Saudi Arabia’s first college of arts launched in Riyadh

    In a strategic partnership with King Saud University in Riyadh, the Ministry of Culture has inaugurated the university's College of Arts, marking the first Saudi institution dedicated to arts education in the Kingdom. The launch ceremony, held at the university's theater on Sunday, was attended by Deputy Minister of Culture Hamed Fayez, University President Dr. Badran Al-Omar, and various cultural and arts enthusiasts from across the Kingdom.

  • Saudi Arabia accelerates digital economy growth through Nvidia partnership

    The Kingdom’s Minister of Communications and Information Technology Abdullah Al-Swaha's meeting with Nvidia CEO Jensen Huang aims to support and strengthen the region’s digital economy, particularly in Saudi Arabia, recognized as the largest market for technical innovation in the Middle East and North Africa.

  • Saudi Sports for All Federation Welcomes More Than 20,000 Participants for 2024 Riyadh Marathon

    More than 20,000 participants from 125 countries, including a record 60% Saudi nationals, took part in the third edition of the Riyadh Marathon on February 10 – an increase of more than 33%, with 15,000 runners in 2023.

  • Saudi art not seen for decades goes on display at AlUla’s Maraya

    The modern era of Saudi art is somewhat ill-defined. A scarcity of studies and academic inquiries leaves a lot of blanks in the arc between Saudi modern and contemporary art. However, a new exhibition at AlUla’s Maraya seeks the help of private collectors to draw a thread from the 1950s onwards. More than Meets the Eye is running until April 27 alongside the AlUla Arts Festival. It comprises artworks that come exclusively from private collectors in Saudi Arabia, meaning that several pieces have never been displayed in public before.

  • Saudi Space Agency Partners With LeoLabs and NorthStar for SSA

    On the sidelines of the Space Debris Conference in Riyadh, the Saudi Space Agency signed memoranda of understanding (MoUs) with Leo Labs and NorthStar, respectively. The MoU with Leo Labs aims to build a cooperative relationship in the field of space monitoring. Both agreements aim to exchange expertise and knowledge related to space situational awareness and explore future collaboration opportunities between the Saudi Space Agency and both NorthStar and LeoLabs.

  • Photos: US bolsters regional partnerships at Saudi World Defense Show

    U.S. Air Force personnel assigned to the Air Forces Central Band pose for a photo during the Saudi World Defense Show at an undisclosed location in the Central Command area of responsibility, Feb. 4, 2024. U.S. military participation in the Saudi World Defense Show allows foreign military and civilian decision-makers an opportunity to evaluate and compare U.S. Air Force aircraft in a non-operational and threat-free environment.

  • Saudi-Backed Chinese VC to Raise $1 Billion for Mideast Startups

    A Chinese venture capital firm backed by a unit of Saudi Arabia’s Public Investment Fund is planning to raise $1 billion to back technology startups in the Middle East. MSA Capital is currently in talks with regional investors to finalize plans to launch the fund within the year, according to Managing Partner Ben Harburg. “Our objective is to play at later stages and write bigger tickets in those pre-IPO rounds, then we can take them public,” Harburg said in an interview.