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  • Establishing a Startup in Saudi Arabia

    While some barriers exist to setting up a business or startup as a foreigner in Saudi Arabia, such as the need to obtain permits and visas, the government of the Kingdom has also made it increasingly easy for entrepreneurs to set up shop. Nevertheless, it’s important to check if you need to obtain a permit or visa for Saudi Arabia before planning a business venture in the country.

  • Saudi Arabia in early talks to take stake in UK’s Aston Martin

    Saudi Arabia's Public Investment Fund is in early talks with British luxury carmaker Aston Martin (AML.L) about taking a stake in the business that could be worth 200 million pounds ($243.5 million), the Financial Times reported on Thursday. Shares in Aston Martin, which had fallen as much as 20% to a record low on Thursday, trimmed losses to trade 9% lower by 1502 GMT after the group stopped short of confirming or denying the media reports. Aston Martin instead said it regularly keeps its funding options under review.

  • Gamers8 and Spotify partner for Saudi Arabia’s first live international esports season – Fast Company Middle East | The future of tech, business and innovation.

    Gamers8, one of the biggest Esports and gaming events, has entered into an exclusive partnership with music streaming platform Spotify which will be the official audio streaming partner for the all-new esports and gaming season taking place live in Riyadh this summer.

  • From Whitechapel to Saudi Arabia: Iwona Blazwick takes up a new post as AlUla public art supremo

    Saudi Arabia’s relentless drive to promote its cultural credentials continues with news of five new permanent works planned for the Wadi AlFann area located in the vast northwest region of AlUla. The large-scale, site-specific commissions will be overseen by Iwona Blazwick, the former director of Whitechapel Gallery in London, in her new role as the chair of the Royal Commission for AlUla’s Public Art Expert Panel.

  • Major Artists Sign Up to Fill Saudi Arabian Desert Valley with Massive Art Installations

    Saudi Arabia is taking a big step in its longer plan to become an international art destination by inviting major artists, including James Turrell and Michael Heizer, to permanently install monumental pieces in its northwestern desert over the next couple years. From a mirrored installation that mimics a mirage to a labyrinth town made from adobe walls, the first five pieces will dot a 25-square-mile area dubbed Wadi AlFann, which means Valley of the Arts, according to Saudi cultural authorities. The valley is located in AlUla, a craggy desert region long known for its Petra-like rock tombs and more recently for its Desert X AlUla contemporary-art biennial.

  • Heart of world’s first “non-profit” city unveiled for Saudi Arabia

    Australian architect Conrad Gargett will design the headquarters of Saudi Arabian Crown Prince Mohammed bin Salman’s Misk Foundation. It will be the centrepiece of his planned “Nonprofit City”, announced in November 2021. The 3.4-sq-km Nonprofit City will be “a regional and global centre incubating innovative, educational and creative industries”. The nonprofit sector, is located in Riyadh’s western Irqah neighbourhood, adjacent to Wadi Hanifa valley.

  • Saudi Arabia’s Music Commission announces start of registration for music classes

    The Saudi Center for Music began receiving applications to register for music classes on Tuesday, the official Saudi Press Agency (SPA) reported citing the Kingdom’s Music Commission. Supervised by certified music teachers, the Saudi Center for Music is the first of its kind in the Kingdom. It currently has two branches, one in the capital Riyadh and another in Jeddah. It will soon have a third branch in al-Khobar, with plans to expand across other areas of the Kingdom.

  • Saudi Arabia: IMF Staff Concluding Statement of the 2022 Article IV Mission

    The authorities’ commitment to fiscal discipline should help further strengthen fiscal and external sustainability and avoid procyclicality while implementation of the ambitious structural reform agenda will help ensure a durable, inclusive and green recovery.

  • Saudi Arabia Signs Climate and Environment Charter for Humanitarian Organizations

    President of the Saudi Red Crescent Authority Dr. Jalal Al-Owaisi and an accompanying delegation participated in the first meeting of the Board of Directors of the International Federation of Red Cross and Red Crescent Societies (IFRC) following the win of the Kingdom of Saudi Arabia, represented by the authority, of membership of the board of directors during the elections of the 23rd meeting of the General Assembly of IFRC currently held in Geneva.

  • Saudi Arabia pledges to work with all partners globally on climate change

    Minister of State for Foreign Affairs, member of the Council of Ministers, and Envoy for Climate Adel Al-Jubeir led Saudi Arabia’s delegation participating in the Major Economies Forum on Energy and Climate (MEF).