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  • Foster + Partners Designs an Airport for Saudi Arabia’s Red Sea Project

    Construction has just begun at the Red Sea International Airport in Saudi Arabia. Designed by the British architecture firm Foster + Partners, the airport is part of a development called the Red Sea Project—an ongoing scheme that is considered to be the most ambitious tourist project in the world. Some of the upcoming designs in the Red Sea Project include a complex comprising 100 holiday villas by Kengo Kuma and Associates and a luxurious circular hotel also designed by Foster + Partners.

  • Saudi Arabia starts COVID-19 jabs at home

    Jeddah Health Affairs on Thursday launched a vaccination program against the coronavirus disease (COVID-19) for home healthcare patients. The program, which is supported by the Health Ministry, is aimed at adult home healthcare patients and adults who share a residence with these patients.

  • Saudi Arabia and the UAE provide 3 quarters of Japan’s oil needs in January

    Saudi Arabia maintained its position as top crude oil supplier to Japan in January with 36.54 million barrels, or 45.7 percent of the total imports, according to data from Agency for Natural Resources and Energy belonging to the Ministry of Economy, Trade and Industry (METI.) Japan imported a total of 80.01 million barrels during that month. 93.5 percent of those were provided by 7 Arab countries, the agency reported.

  • What should startups know before conducting FinTech Activities in Saudi Arabia

    In this article, we’ll be discussing the two main regulators that are overseeing to-be licensed FinTech activities, which are the Saudi Central Bank (SAMA) and the Capital Market Authority (CMA).

  • Martin Griffiths in Saudi Arabia for talks on Yemen

    The UN envoy to Yemen Martin Griffiths was in Saudi Arabia on Monday for a series of meetings with Yemeni and Saudi officials, according to a UN spokesman. His visit comes as part of the organization’s efforts in seeking a nationwide ceasefire in Yemen, alleviate the humanitarian suffering, and resume the political process toward peace, the spokesman added.

  • Silicon Valley venture capital giant 500 Startups launches new fund in Saudi Arabia

    One of the biggest global names in venture capital, 500 Startups has struck an alliance with Saudi Arabia's Sanabil Investments, which focuses on private investments, to launch the Sanabil 500 MENA Seed Accelerator Program in Riyadh. It will consist of six programmes run by 500 Startups over three years for a select group of pre-seed and seed stage startups from the region. Startups participating will receive a $100,000 investment from the Sanabil 500 MENA Seed Accelerator Fund. The fund will also invest opportunistically in other pre-seed and seed stage startups throughout MENA.

  • Commentary: Saudi Arabia pushes foreign companies to establish local headquarters

    It is too early to gauge the impact without knowing how authorities will define what is a “regional headquarter”. More details about that will be released later this year, the government says.

  • Saudi Arabia starts tests of emergency cell warnings system

    The directorate urged people make sure their phones are updated ahead of the tests and to evaluate the system through a link which will be sent out via SMS. The system will allow authorities to broadcast warnings in specific area to warn and inform residents of emergencies, the report added.

  • Foster + Partners designs Coral Bloom resort on Saudi Arabian island

    The Red Sea Project has revealed images of a resort designed by Foster + Partners to "blend in with the natural environment" of a Saudi Arabian island within the Red Sea. Coral Bloom will be made up of 11 hotels on the dolphin-shaped island of Shurayrah, which is part of a chain of 90 undeveloped islands off the west coast of Saudi Arabia that are being developed as part of The Red Sea Project.

  • Saudi Arabia starts clinical trials to produce COVID-19 vaccine

    Saudi Arabia’s Imam Abdul Rahman bin Faisal University has started the first phase of clinical trials supported by the Ministry of Education to produce a COVID-19 vaccine, after it finished the laboratory experiments and proved their effectiveness.