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  • Saudi Arabia’s female workforce participation witnesses positive growth in Q1 2022: Report

    Over the last five years, the number of women with jobs has almost doubled in Saudi Arabia. When companies worldwide witnessed female participation in the workforce plummeting, Saudi Arabia’s female workforce participation soared over 33% in Q1 2022. The participation was reportedly around 20% in 2019.

  • Red Sea International Film Festival in Saudi Arabia partners with Venice initiative

    The Red Sea International Film Festival is collaborating with Final Cut, a programme by Venice Production Bridge that supports projects from Middle Eastern and African countries. The initiative, now in its 10th year at the Venice Film Festival, will help films in post-production from Iraq, Jordan, Lebanon, Palestine and Syria as well as African countries. The Red Sea International Film Festival, which ran for the first time in Saudi Arabia last year, is supporting two works in Final Cut — Inshallah A Boy, a dark comedy by Amjad Al Rasheed and The Cemetery of Cinema, a documentary by Thierno Souleymane Diallo.

  • Here’s when it will start cooling down in Saudi Arabia

    The Suhail star, also known as Canopus, is the most-anticipated star in the Arab world as its appearance signals the beginning of the end of summer. Therefore, the days will get shorter, and temperatures in Saudi Arabia and other Gulf states will begin to decrease. The giant, bright white-yellowish star appears on August 24 before sunrise, and it is not hard to spot since Suhail is the second brightest star in the night sky – next to Sirius from the constellation Canis Major.

  • Saudi Arabia’s FinTech start-up Tamara raises $100m to fund expansion plans

    Saudi Arabia's buy now, pay later platform Tamara raised $100 million in its second funding round to back its expansion plans and is also considering an initial public offering in the future, its chief executive has said. Tamara's Series B funding round was led by Sanabil Investments, which is backed by the kingdom's sovereign wealth fund, the Public Investment Fund, the start-up said in a statement on Monday.

  • How might Saudi Arabia’s third sector be developed through public-private partnerships?

    In lieu of its development plan, the Saudi government aims to empower the non-profit sector, also known as the third sector, hand in hand with the cooperation of the private sector. Fully aware of the important developmental role the private sector has and its potential impact in the third sector, the Kingdom’s government has actively formed partnerships with private organizations, entrepreneurs, and business owners in different sectors, including education, health, housing, and job employment.

  • Boxing: Ramla Ali ‘honoured’ to be part of first female fight in Saudi Arabia

    Already used to making history in a career that has taken her from becoming Somalia's first boxer to compete at an Olympic Games, a British Vogue cover model and UNICEF Ambassador, Ramla Ali will mark another major first in Jeddah on Saturday Ali will feature on the undercard of the Oleksandr Usyk versus Anthony Joshua fight in the first professional female bout to take place in Saudi Arabia. She'll face Crystal Garcia Nova of the Dominican Republic.

  • China: Saudi Arabia is a ‘strategic partner’

    Saudi Arabia is China's "strategic partner", the spokesperson of the Chinese Foreign Ministry, Wang Wenbin, said yesterday. "China and Saudi Arabia are comprehensive strategic partners," Wenbin said. "In recent years, with the commitment and guidance from the leaders of both countries, China-Saudi Arabia relations have grown robustly with fruitful cooperation in various areas." Wenbin added.

  • IMF Executive Board Concludes 2022 Article IV Consultation with Saudi Arabia

    Saudi Arabia is recovering strongly following a deep pandemic-induced recession. Liquidity and fiscal support, reform momentum under Vision 2030, and high oil prices and production helped the economy recover with a robust growth, contained inflation and a resilient financial sector. The receding effects of the pandemic, rising oil production/prices and a strengthening economy have improved the fiscal and external positions.

  • Eros Media World Enters Saudi Via Partnership With Arabia Pictures Group

    Indian media and entertainment giant Eros Media World is moving into the rapidly growing Saudi Arabia market, entering a strategic partnership with Riyadh-based content production company Arabia Pictures Group. The pair will explore opportunities in the film, technology and Web3 spaces and eye investments in content production, including end-to-end production, line production, distribution and more. They will also seek to introduce new technologies that can further the growth of the media and entertainment sector in Saudi. Eros and APG are already in the advanced stages of testing movie archive digitization and virtual location scouting technologies.

  • Archaeologists in Saudi Arabia Have Unearthed an 8,000-Year-Old Settlement That Includes an Tribute to the Deity Khaal

    The Kingdom of Kindah was established in the fifth and sixth centuries by a group of once-nomadic tribes from north and central Arabia. Today, the site sits roughly 400 miles southwest of the Saudi capital city of Riyad.