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  • Kering holds the first edition of its Kering Generation Award X Saudi Arabia

    In 2018, Kering launched the first edition of its Kering Generation Award in China to support local start-ups with a positive environmental and social impact. Since then, the Kering Generation Award has expanded across several regions, including Saudi Arabia, with the support of the Kingdom’s Fashion Commission. This first Saudi edition focused on identifying startups with a positive impact in the areas of customer engagement, circular economy, and water conservation. During a pitching session in early January, 10 start-ups among 100 were selected by a panel of experts. These 10 finalists then benefited from tailored mentoring before their final evaluation.

  • Saudi edtech UpLevel secures pre-Seed round

    The Saudi edtech startup UpLevel has raised an undisclosed pre-Seed funding round from a group of angel investors. The company provides intelligent solutions aimed at empowering individuals and organisations to achieve sustainable professional growth and enhance institutional performance. This is achieved through specialised career guidance, innovative mentoring, and training programs designed according to global standards. Founded in 2024 by Idris Alshayea and Hamad AlLuhaidan, UpLevel helps companies improve employee performance by connecting them with a network of experienced professional coaches

  • Global sports pitches leader to design stadium in Saudi Arabia for World Cup 2034

    SIS Pitches, the team behind the record-breaking Kingdom Arena pitch in Riyadh, has announced it will design another major stadium in Saudi Arabia that will host some of the matches at the World Cup 2034. The company, which produces premium hybrid, synthetic, and natural pitches for a variety of sports, has partnered with Aramco Stadium in Al-Khobar. “A year on from the Kingdom Arena, our flagship project for the region, we’re thrilled to be able to announce another major project,” David Ball, Managing Director at SIS Middle East, said in a statement.

  • Saudi Arabia Returns to Lebanon

    The visit of Saudi Foreign Minister, Faisal bin Farhan, to Lebanon last Thursday symbolizes a renewed interest from the Kingdom in the country, and an opportunity to tilt the balance in Lebanon against Hezbollah, and in the Levant – against Iran. The Kingdom has previously supported political forces identified with the Sunni population in Lebanon, to ensure a foothold in the country and try to curb Iran’s influence. However, over the past decade Riyadh significantly reduced its involvement and financial aid to Lebanon, due to the weakening of its local allies, including former Prime Minister Saad Hariri. In light of Hezbollah’s weakening, Joseph Aoun was appointed president and Nawaf Salam as prime minister, both identified with the camp opposed to Hezbollah and supported by Saudi Arabia. The Saudis are satisfied with these developments and see an opportunity to strengthen their influence in Lebanon: “From what I have seen so far and the ongoing discussions in Lebanon, I can be very optimistic,” said bin Farhan before his visit to Beirut. Even in Lebanon, there will be joy at the renewal of Saudi funding, and not without reason did Aoun announce that his first trip outside Lebanon would be to Saudi Arabia.

  • White House envoy met senior Palestinian official in Saudi Arabia

    President Trump's Middle East envoy Steve Witkoff met on Tuesday in Riyadh with a senior adviser to Palestinian president Mahmoud Abbas, according to two sources with knowledge of the meeting. This was the first meeting between a Trump administration official and a Palestinian official since November's election. The sources said the meeting was the result of several weeks of back-channel talks between Trump administration officials and Palestinian leadership. According to one source, Saudi Arabia helped broker the meeting, which took place in its capital.

  • Saudi Telecom Company signs $9bn deal to build telecom infrastructure

    Saudi Telecom Company, the kingdom's biggest mobile operator, has signed a contract worth Saudi riyals 32.64 billion ($8.7 billion) with a government entity to build, operate and provide telecoms infrastructure services. STC, which offers digital products and services across the Middle East and North Africa region, did not disclose the name of the government entity. The agreement includes an 18-month preparation and execution phase, followed by a 15-year operational period for the project, STC said in a statement on Tadawul, where its shares are traded. STC shares rose more than 2.24 per cent on Tuesday after the announcement as this deal marks a significant step in enhancing the kingdom's telecom infrastructure.

  • Minister AlRajhi: increased Saudi-ILO cooperation fosters decent work, social justice and inclusive development

    As we continue to build a labour market that serves all who live and work in the Kingdom, we are acutely focused on eradicating abuse and exploitation in all its forms. Effective global collaboration is imperative to achieve this goal, and the Kingdom is aligned with key international labour standards, including through the ratification of the International Labour Organization (ILO) Convention on the Protection of Wages No. 95 and the Protocol of 2014 to the Forced Labour Convention No. 29. Building on these commitments, the Kingdom has now introduced a National Policy for the Elimination of Forced Labour – the first of its kind in Arab countries.

  • Saudi envoy to UK: No normalisation with Israel without Palestinian state

    Saudi Arabia will not normalise ties with the occupation state of Israel without a solution to the Palestinian issue, which involves the establishment of a Palestinian state, the Kingdom’s Ambassador to the UK, Khalid Bin Bandar Al Saud, has said. He added that Palestine has been fought over for 6,000 years, and that “it is not an easy thing to find, whether it’s during the Crusades […] I can’t think of anywhere that’s had that much done to it.” However, he stressed that “good things are never easy. And anyone who is objecting to what almost the whole world sees as the solution cannot be right. So, you know, again, that’s why I’m not optimistic, because we have a lot of problems along the way.”

  • Saudi Arabia reaffirms support for Syria and Lebanon to regain their status

    The Council of Ministers on Tuesday reaffirmed Saudi Arabia’s support for Syria and Lebanon and their peoples. The Cabinet session, chaired by Crown Prince and Prime Minister Mohammed bin Salman in Riyadh, pledged its backing for the efforts aimed at restoring the natural status of the two countries within their Arab and international communities. In a statement to the Saudi Press Agency following the session, Minister of Media Salman Al-Dossary said the Council reiterated this position while discussing the outcome of the recent visits of Minister of Foreign Affairs Prince Faisal bin Farhan to Lebanon and Syria.

  • Turkey Aims for $6 Billion Weapons Deal With Saudi Arabia

    Turkey’s government is hoping to reach a $6 billion defense deal with Saudi Arabia that could see the kingdom buy warships, tanks and missiles, according to Turkish officials familiar with the matter. The agreement, which would involve Saudi Arabia joining a Turkish jet-building project, could be finalized during a visit by President Recep Tayyip Erdogan to the kingdom around March, the officials said. Turkey is trying to grow its defense industry and sees Saudi Arabia, one of the world’s biggest importers of arms, as a key market. The two countries signed a deal in 2023 for the Saudis to buy high-flying drones from Turkish company Baykar. Now, Ankara wants to sell its main battle tank, called Altay, to Saudi Arabia along with missile-defense systems, the officials said.