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  • Ministry of Interior: Over 28 million digital identities issued via Absher

    The Saudi Ministry of Interior announced that the number of unified digital identities issued through its electronic platform Absher has exceeded 28 million. These identities enable users to access the ministry's services through its platforms: Absher Individuals, Absher Business, and Absher Government. Moreover, users can interact with over 500 government and private entities via the unified national access portal "Nafath." The digital identity system supports seamless and reliable implementation of digital transformation services and national electronic transactions. By providing electronic services that meet the highest quality standards, the Ministry of Interior has played a significant role in advancing Saudi Arabia's position on the United Nations Digital Services Index.

  • Saudi Arabia Prefabricated Buildings Industry Report 2024: Regional Insights, Competition, Forecast & Opportunities, 2019-2029

    The Saudi Arabia Prefabricated Buildings Market was valued at USD 2.23 Billion in 2023, and is expected to reach USD 3.52 Billion by 2029, rising at a CAGR of 7.73%. The Prefabricated Buildings market encompasses the production, distribution, and utilization of structures that are manufactured off-site and assembled on-location.

  • Snap reveals Saudi National Day’s ‘Kingdom’s Lenscape’ AR Campaign reaches 10 million users

    ‘Kingdom Lenscape’, Snapchat’s augmented reality (AR) campaign in celebration of Saudi National Day 2024, proved to be a huge hit in the Kingdom, achieving a total reach of more than 10 million, over 64 million impressions and 12.8 seconds’ average camera playtime. The ‘Kingdom Lenscape’ campaign featured two pillars; FAKHAR, focused on celebrating national pride, and KARAM, highlighting the culture of gifting and shopping. A number of prominent brands got involved, including Ounass, Huda Beauty, NiceOne, Shahid, Spotify, Alwazn Almithaly, Zyros, Saudi Investment Bank, Laverne and Alwaleed Philanthropies.

  • Rafael Nadal on post-retirement goals, promoting tennis in Saudi Arabia and his ATP Finals regret

    Part of Nadal’s future involves helping promote tennis in Saudi Arabia as an ambassador for the Saudi Tennis Federation, a role he took on back in January. Last week, he spent three days in Jeddah immersing himself in the tennis community in the Red Sea city, and learning more about Saudi culture. He attended the Next Gen ATP Finals at King Abdullah Sports City, took part in daily meet-and-greets, engaged with hundreds of kids in tennis clinics, took part in the award ceremony of an under-14 Asian tennis tournament, met the Saudi Davis Cup team as well as a group of junior wheelchair players, spoke at a coaches’ conference, and lots more. It was Nadal’s third visit to the kingdom – and first time in Jeddah – and he is still learning more about the tennis landscape there. “For me, it’s an opportunity, first of all, to know a different culture,” said Nadal of why he decided to become an STF ambassador.

  • Visualizing China’s Cobalt Supply Dominance by 2030

    Chinese dominance over critical minerals used in technologies like smartphones, electric vehicles (EVs), and solar power has become a growing concern for the U.S. and other Western countries. Currently, China refines 68% of the world’s nickel, 40% of copper, 59% of lithium, and 73% of cobalt, and is continuing to expand its mining operations. This graphic visualizes the total cobalt supply from the top 10 producers in 2030, highlighting China’s dominance. The data comes from Benchmark Mineral Intelligence, as of July 2024

  • Gulf Cooperation Council calls for lifting sanctions on Syria

    The Gulf Cooperation Council (GCC) concluded its 46th extraordinary ministerial meeting on Thursday, emphasizing the need for economic empowerment of Syria and urging the lifting of international sanctions on the war-torn country. In its final statement, the GCC called on all partners, nations, and organizations to provide support to the Syrian people, reaffirming the council’s commitment to ongoing humanitarian aid. The meeting, held in Kuwait, underscored that Syria’s security and stability are vital pillars of regional stability. The council highlighted the importance of respecting Syria’s sovereignty, independence, and territorial integrity while rejecting foreign interference in its internal affairs. It also stressed the need to combat terrorism, chaos, and extremism, while promoting respect for diversity and refraining from offending others’ beliefs.

  • Saudi extends bids deadline for largest mineral belts

    Saudi Arabia has extended the deadline for submitting proposals for exploration licenses for its first mineralised belts. The extension was granted following a request from qualified bidders, seeking more time to complete the procedures, the Ministry of Industry and Mineral Resources said. In November the ministry announced 14 pre-qualified bidders for the five mineralised sites. The proposal submission deadline is now set at January 21, 2025, with the bid opening slated for February 11. The winning companies are set to be announced on February 16. In July, the ministry’s official spokesperson, Jarrah bin Mohammed Al-Jarrah, said that Jabal Sayad and Al-Hajjar are the largest mineralised belt sites – an area containing several mineral deposits.

  • Turki Alalshikh tops Sports Illustrated list of 2024 most influential people in boxing

    The Chairman of Saudi Arabia’s General Entertainment Authority (GEA) Turki Alalshikh has topped the Sports Illustrated list of Most Influential and Powerful People in Boxing in 2024. Described as “the most important figure in pugilism today,” Alalshikh has been credited for being a driving force behind the Kingdom’s blockbuster sporting events.  According to Sports Illustrated, Alalshikh is motivated by Saudi Arabia’s mission to diversify the country’s economy and promote tourism. The GEA chairman has been at the forefront of negotiations with global players to bring some of the most loved boxing superstars to Saudi Arabia. The Kingdom has consistently proven its capability to hold world-class events and has driven thousands of sports fans to visit the Kingdom, according to Sports Illustrated.

  • Saudi crown prince receives UAE vice president in AlUla

    Saudi Crown Prince and Prime Minister Mohammed bin Salman received Vice President of the United Arab Emirates Sheikh Mansour bin Zayed Al-Nahyan at the winter camp in AlUla on Tuesday. Bader Al-Asaker, director of the Private Office of the Saudi Crown Prince, published a photo of the meeting on his official account on the social media platform "X" on Tuesday. The meeting witnessed the exchange of friendly talks that reflected the strength of the deep-rooted brotherly relations between the Kingdom and the UAE. The meeting came as an extension of the ongoing communication and fruitful cooperation between the leaderships of the two countries in various fields, in a way that strengthens the bonds of fraternity and serves common interests.

  • Individual investment portfolios in Saudi stock market grows 12% in 3Q 2024

    The number of individual investment portfolios in the Saudi main stock market achieved a year-on-year growth of approximately 12 percent in the third quarter of 2024, reaching 12,755,615 investment portfolios. This figure records an increase of more than 1.32 million investment portfolios, compared to the same period in 2023, when it stood at 11,434,692 investment portfolios, according to the quarterly statistical bulletin issued by the Capital Market Authority.