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  • Saudi Arabia Eyes Full Partnership On Future Fighter

    The kingdom aims to be “an equal partner” in any sixth-generation fighter program, Maj. Gen. Hamed Alamri, director of Joint Chiefs of Staff and chairman of the Committee on Future Capabilities of the Armed Forces for the Saudi Air Force, said May 21. “Saudi Arabia seeks to become a global innovator, not just a customer,” he told an event at the Royal Aeronautical Society here.

  • WTA signs multi-year partnership with Saudi PIF

    The Saudi Public Investment Fund (PIF) will become the first-ever naming partner of the WTA's rankings, the two organisations announced on Monday, as part of a multi-year partnership.
    The announcement marks the PIF's latest foray into tennis, after the men's ATP tour also signed a multi-year "strategic partnership" earlier this year.
    "Together, we look forward to sharing the journey of our talented players across the season, as we continue to grow the sport, creating more fans of tennis and inspiring more young people to take up the game," WTA Ventures CEO Marina Storti said in a statement.

  • WTA signs multi-year partnership with Saudi PIF

    The Saudi Public Investment Fund (PIF) will become the first-ever naming partner of the WTA's rankings, the two organisations announced on Monday, as part of a multi-year partnership. The announcement marks the PIF's latest foray into tennis, after the men's ATP tour also signed a multi-year "strategic partnership" earlier this year. "Together, we look forward to sharing the journey of our talented players across the season, as we continue to grow the sport, creating more fans of tennis and inspiring more young people to take up the game," WTA Ventures CEO Marina Storti said in a statement.

  • Saudi Arabia offers to buy part of Sharm El Sheikh from Egypt

    Ras Ghamila, which lies at the northern end of Sharm El Sheikh, is one of the resort town’s more upmarket locations, around 15km north of the central district surrounding Na’ama Bay. The local reefs are considered some of the most beautiful of Sharm’s fringing coral reef, and recently made headlines as the site of a Libyan-flagged LPG tanker stranding.

  • Successful Completion of the First Saudi SolarThon at Alfaisal University

    This past weekend, Alfaisal University, Dimensions Startup Studios in collaboration with the College of Engineering, proudly hosted the first-ever Saudi SolarThon, an extraordinary gathering of minds focused on advancing solar energy technology. This event, held at our Dimensions Startup Studios, attracted esteemed guest speakers from King Abdullah University of Science and Technology (KAUST) and the King Abdulaziz City for Science and Technology (KACST) and OptimalPV.

  • Unemployment rate in Saudi Arabia’s labor market at 8.6 percent, women’s participation reaches 34.2 percent

    The unemployment rate dropped from 12.8 percent in 2017 to 8.6 percent in the third quarter of 2023

  • Saudi Minister of Finance Participates in 2024 Qatar Economic Forum

    His Excellency the Saudi Minister of Finance, Mr. Mohammed Aljadaan, will participate in the fourth edition of the Qatar Economic Forum, held in Doha May 14-16, 2024, as participants explore economic challenges and opportunities in the MENA region. During the first day of the Forum, Minister Aljadaan will participate in a panel discussion entitled "Reshaping Middle East Economies," along with His Excellency the Chairman of the Islamic Development Bank Group Dr. Muhammad Al Jasser, and the Qatari Minister of Finance Mr. Ali Al-Kuwari. The Forum will bring together more than 1,000 global policymakers and leaders from government and the private sector to discuss five themes: Geopolitics, Globalization & Trade; Energy Transition; Technology Innovation; Business & Investment Outlook; and Sports and Entertainment.

  • Saudi Mega Projects Seek Partners in Bid to Hit Goals

    Executives from The Line, New Murabba and Diriyah Company — complex developments ranging from a futuristic mega city on the Red Sea to an urban development housing a cube-shaped skyscraper set to be the tallest in the Saudi capital — discussed challenges with supply chains, costs and finding skilled workers as they underscored the urgent need for experienced partners to assist in completing projects.

  • Saudi Mega Projects Seek Partners in Bid to Hit Crown Prince MBS’s Goals

    Top officials from Saudi Arabia’s mega projects gathered in Riyadh to share progress updates and seek partners to help deliver a key pillar of Crown Prince Mohammed bin Salman’s plan to transform the economy. Executives from The Line, New Murabba and Diriyah Company — complex developments ranging from a futuristic mega city on the Red Sea to an urban development housing a cube-shaped skyscraper set to be the tallest in the Saudi capital — discussed challenges with supply chains, costs and finding skilled workers as they underscored the urgent need for experienced partners to assist in completing projects.

  • Saudi Arabia condemns attack on UNRWA headquarters in Jerusalem

    The Ministry of Foreign Affairs of Saudi Arabia has condemned the recent attack by Israeli settlers on the United Nations Relief and Works Agency for Palestine Refugees (UNRWA) headquarters in occupied Jerusalem. The attack occurred under the watch of Israeli occupation police. In a statement released on Thursday, the ministry held the Israeli occupation accountable for the recurrent crimes against daefenseless civilians and workers in humanitarian and relief organizations. The statement emphasized the Kingdom's call for the international community to intensify efforts to stop all legal and humanitarian violations and to ensure that the Israeli occupation faces consequences for its continued offenses, which flout international laws and norms.