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  • Setting the Stage: The Vital Role of Private Art Institutions in Saudi Arabia

    Yet amid the present moment of grandiose state patronage that has led to a renaissance of sorts across the kingdom, at times the role of private art institutions has been overlooked. Prior to the present massive government investment in culture, these institutions – independent players such as Edge of Arabia, Athr, Hafez Gallery, and Art Jameel – played a vital role in the development of the Saudi art scene during a time when the state was largely not present in Saudi cultural enterprise.

  • IBM inaugurates regional Saudi headquarters in Riyadh

    Global technology and cloud giant IBM has inaugurated its regional headquarters in Riyadh, as part of its mission to accelerate digital transformation in Saudi Arabia’s business landscape and society. Having received a formal nod to establish its regional headquarters last year, IBM and the Ministry of Investment have now formally celebrated the milestone at a joint signing ceremony.

  • Almosafer becomes inaugural travel partner of Riyadh Air, CEO reveals

    Saudi ravel company Almosafer has become the inaugural partner of the Kingdom’s new flag carrier, Riyadh Air, according to a senior executive. Speaking to Arab News on the sidelines of the second Saudi Tourism Forum in Riyadh, the CEO of Almosafer – which is part of Seera Group – Muzzammil Ahussain noted that the companies will work together to merge their technologies. The integration aims to ensure that Riyadh Air’s content will be available for customers on the company’s platform.

  • More than 13 Saudi startups preparing to go public: SVC CEO

    More than 13 Saudi startups are preparing to go public in the coming two years, Asharq News reported, citing Nabeel Koshak, CEO of Saudi Venture Capital Co. (SVC).   Divestitures—including acquisitions, mergers or equity markets—from startups in the Kingdom, increased from two per year to 17 over the last two years. This includes the IPO of Jahez International Company for Information System Technology (Jahez) on the Saudi Exchange (Tadawul).  

  • Saudi Arabia charts collaborative path at Davos in meeting with WEF Leaders

    The Saudi delegation to Davos, led by Foreign Minister Prince Faisal bin Farhan, convened with World Economic Forum founder Klaus Schwab and its President Borge Brende during their participation in the forum’s 2024 edition. In the discussion, strategies were evaluated to bolster collaboration between the Kingdom and the World Economic Forum, addressing immediate and future challenges in economic and human development, the Saudi foreign ministry said. Throughout the week, the Kingdom's delegation is set to engage in a number of high-level sessions and bilateral meetings.

  • Saudi, Turkish, Pakistani tripartite committee convenes for defense cooperation talks

    The second meeting of the Saudi-Turkish-Pakistani tripartite committee was held in Islamabad, Pakistan, to discuss defense cooperation and ways to enhance it. The meeting was attended by Saudi Assistant Minister of Defense Eng. Talal Al-Otaibi, Chief of General Staff of the Pakistani Army Gen. Muhammad Owais, and Turkish Deputy Minister of Defense Jalal Sami Tawfik.

  • Analysis: Russian Ally’s Saudi Pivot Threatens to Derail Putin’s Wartime Economy

    Russian President Vladimir Putin's full-scale invasion of Ukraine in February 2022 spurred the West to impose sanctions aimed at isolating Moscow from the global financial system and cut off its revenues to wage its military aggression.

  • US State Department Hails Saudi Arabia’s Efforts in Combating Terrorism

    The state Department praised the Kingdom's efforts to raise standards and measures using modern technologies and tools in the security field, especially in combating terrorism and its financing, the Saudi Press Agency (SPA) reported Wednesday. In its annual report on combating terrorism for 2022, the Department lauded the Kingdom for upgrading the security and international criteria for Saudi passports, adding that the new Saudi passport security features are comparable to the US' next-generation passport.

  • Germany approves missile export to Saudi Arabia in departure from previous policy

    Government spokesperson Steffen Hebestreit on Wednesday confirmed a report by news magazine Der Spiegel that Germany’s Security Council, made up of Chancellor Olaf Scholz and several other ministers, approved the export of 150 air-to-air missiles for the Iris-T air defense system at the end of 2023. The government of then-Chancellor Angela Merkel imposed a ban on arms exports to Saudi Arabia following the killing of Saudi journalist Jamal Khashoggi at the kingdom’s consulate in Istanbul in 2018. It later made a conditional exception for systems developed jointly with other countries.

  • Saudi Pro League unveils new partnership with Adidas

    Commencing in February 2024, the partnership will see Adidas become the Saudi top flight’s official match ball supplier, enhancing the Roshn Saudi League’s global interest and commercial attractiveness while supporting continuous growth throughout Saudi football. “Our partnership with Adidas represents a significant next step towards elevating football in Saudi Arabia,” said Saad Allazeez, vice chairman and interim CEO of the SPL. “By aligning with such a recognized and respected global sportswear giant, the league enhances its international visibility and benefits from greater opportunities to attract talent, inspire investment, and foster growth that positively impacts football culture and the game’s national ecosystem.