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  • 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.

  • Can Biden’s Visit Create a Lasting Recalibration in the U.S.-Saudi Partnership? Video

    Biden is no doubt hoping to get Saudi Arabia to increase oil production and lower the cost to Americans at the pump before the November midterm elections. Additionally, with nuclear negotiations in Vienna at a seeming stalemate, Washington must look to alternative strategies to deal with Iran that will require close coordination with regional partners, including Saudi Arabia, the United Arab Emirates, and Israel.

  • 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.

  • Int’l Companies Race over Investment, Partnership Deals for Saudi Ports

    Al-Jasser’s remarks were made during the signing ceremony of a new deal to establish a new fully integrated smart logistics park in Jeddah Islamic Port at an investment of over SR500 million ($133 million). The Saudi Ports Authority (Mawani) on Sunday signed an agreement with DP World, a world leader in global supply chain solutions. This is Mawani's fifth such deal following a series of agreements signed with local and global leading companies in maritime transport and logistics including Maersk, CMA CGM, LogiPoint and Bahri.

  • 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 crown prince lands in Egypt on start of regional tour

    Saudi Arabia's de facto ruler Crown Prince Mohammed bin Salman arrived in Egypt on Monday, the Egyptian presidency said, starting his first tour outside the Gulf region in over three years. He will also visit Jordan and Turkey. The prince's trip comes ahead of next month's visit to the region by U.S. President Joe Biden, who is expected to meet Arab leaders in Saudi Arabia after a visit to Israel, with the Ukraine conflict and regional security on the agenda.

  • Saudi NFT platform Nuqtah teams up with Consensys to support Web3-focused start-ups

    Saudi Arabia’s Nuqtah, a marketplace for non-fungible tokens (NFTs), is teaming up with New York-based Ethereum blockchain company Consensys to support the development of Web3-focused start-ups in the kingdom. As part of the agreement, Consensys will transfer knowledge and expertise to “empower” Web 3 start-ups in the Arab world's largest economy, Nuqtah said in a statement on Saturday.

  • Saudi, US officials discuss ways to boost economic partnership

    Saudi and US officials discussed ways to better an existing economic partnership between the two countries, the Saudi Press Agency (SPA) reported on Thursday. The Saudi delegation was led by the Minister of Commerce, Dr. Majid bin Abdullah al-Qasabi alongside Princess Reema bint Bandar bin Sultan, Saudi Ambassador to the US.

  • 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).