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  • Saudi Arabia launches cutting-edge air mobility initiative

    In an effort to redefine air travel and cargo transport, the General Authority of Civil Aviation (GACA) of Saudi Arabia released yesterday the "Enabling Advanced Air Transport in the Kingdom" initiative. The initiative promises to revolutionize the Saudi aviation sector, positioning it as a leader in Advanced Air Mobility (AAM) in the Middle East through sustainable and state-of-the-art technologies. The initiative comprises a spectrum of pioneering solutions, from unmanned aircraft systems to vertical take-off and landing (VTOL) aircraft. These advancements aim to enhance the safety, soundness, and sustainability of air transport, significantly accelerating the mobility of people and goods while addressing environmental concerns.

  • 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.

  • How Saudi Arabia is reshaping transportation infrastructure amid climate change challenges

    A 2022 report by the King Abdullah Petroleum Studies and Research Center, titled “Mitigating Transportation Emissions in Saudi Arabia,” revealed that the transportation sector accounts for 33.33 percent of global energy consumption, ranking second only to the industrial sector.

  • New regulations to control quantities of special goods; beverages for foreign embassies in Saudi Arabia

    In a step which aims to counter “improper exchange of special goods and alcoholic beverages received by the embassies of Non-Muslim countries inside Saudi Arabia”, Arab News has obtained information of a new regularity framework to be implemented — in accordance with the Vienna Convention On Diplomatic Relations 1961 — to curb the uncontrolled importing of these special goods and liquors within the diplomatic consignments.

  • Saudi Arabia’s Tadawul to buy 32.6% stake in Dubai Mercantile Exchange

    Stock exchange owner and operator Saudi Tadawul Group (1111.SE), opens new tab will buy a 32.6% stake in the parent company of Dubai Mercantile Exchange (DME) and become the Emirati trading platform's joint largest shareholder, it said on Thursday.
    Founded in 2007, DME lists the Oman crude oil futures contract, which is a physically settled contract serving as a Middle East benchmark used by the region's national oil companies as part of their export pricing formulas.

  • Saudi Arabia in prime position for green hydrogen in global energy landscape

    “The plan aims to produce 1.2 million tons of green hydrogen and to supply 10% of the global demand for hydrogen by 2030,” they explained. “Furthermore, Saudi Arabia Public Investment Fund (SAPIF) has been investing in several energy projects globally, including a joint venture with Power and Air Products to develop a $5 billion green hydrogen-based ammonia production facility in NEOM, Saudi Arabia. The facility will have a capacity of 1.2 GW and will produce 650 tons of green hydrogen per day.”

  • Saudi Arabia very concerned about climate change and eager to set global standards, says envoy

    “We are a responsible actor in the global community and we don’t want to follow the standards, we want to set the standards for how countries should conduct themselves and what responsibilities they take on and what objectives they set, and what programs and initiatives they put in place domestically, regionally and internationally to help meet the challenge of climate change,” Adel Al-Jubeir said at the World Economic Forum in Davos.

  • Saudi Arabia’s Dammam Airport Handles Record 10.9 Million Passengers In 2023

    Dammam’s King Fahd International Airport (DMM) reported a record 16.2% annual increase in passenger traffic in 2023 to 10.9 million passengers, the highest since the airport’s inception. The recent surge in traffic aligns with the Saudi National Aviation Strategy’s objectives to achieve 330 million passengers and 4.5 million tonnes of cargo by 2030.

  • WTA’s Expected Saudi Arabia Announcement Sparks Backlash From Tennis Legends

    When he’s not running the tournament, Craig Tiley, chief executive officer of Tennis Australia, has been making the rounds, expressing his adamance that tennis must avoid a LIV golf-style disruption such as a rival league. Though he withdrew from the tournament last week, Rafael Nadal made news Tuesday and surprised several powerbrokers when he announced a tennis ambassador partnership with the Saudi Tennis Federation.

  • Saudi Arabia claim another epic win in Qatar — this time even crazier than their upset over Argentina

    Over a year after their stunning upset of Argentina at the 2022 FIFA World Cup, Saudi Arabia have returned to Qatar and pulled off another stunning come-from-behind 2-1 win in a tournament opener at the AFC Asian Cup. Only this time it was an even crazier result, if that was even possible.