SAUDI ARABIA

A collection of 38 posts

Artificial Intelligence

Saudi Arabia Reaffirms Its Stake In AI Future Growth

RIYADH, Saudi Arabia, Sept. 18, 2022– The second-ever Global AI Summit concluded today, affirming the Kingdom of Saudi Arabia’s recognition of, and investment in, the rising importance of artificial intelligence (AI). The three-day global event gathered prominent leaders and experts in AI to discuss opportunities and limitations posed by

Artificial Intelligence

Saudi Arabia: 2nd Global Artificial Intelligence Summit Is On

RIYADH, Saudi Arabia, Sept. 10, 2022 — The Saudi Data & AI Authority (SDAIA) has announced its official schedule and speaker roster for the 2nd Global AI Summit, set to take place on September 13 – 15, 2022, in Riyadh, Saudi Arabia. The theme of the summit is “AI for the Good

opec

Saudi Arabia Reaps Big Profit From Oil Price Hike

General Authority for Statistics (GASTAT) of the Kingdom of Saudi Arabia released a report on Thursday that showed the oil sector booming with a 10% growth, in large part due to President Joe Biden’s criticism of the American energy sector, while unemployment fell to 10.1%, its lowest level

bangladesh

Big bilateral gains for Bangladesh with Saudi visit?

By Hussain Shazzad, a strategic affairs and foreign policy analyst with an M.B.A. from the University of Dhaka.  The official journey of Bangladesh and the Kingdom of Saudi Arabia (KSA) relations started in 1975 when the KSA recognized newly born Bangladesh as a sovereign country. Since then, these

LEAP22

LEAP22 leapfrog into first place in world tech events

LEAP’s first edition achieved new milestones for a first-time technology event, with over 100,000 registered guests from over 80 countries. Over US$266 million in investments and funds for start-ups and entrepreneurs were announced at LEAP22. The conclusion of the second round of Khwarizmi Ventures fund with a

connectivity

'Ignite' invests $1.1b for growth of Saudi digital content

RIYADH, Saudi Arabia, Feb. 3, 2022 — Saudi Arabia today says Ignite, a new program for digital content creation and production, new investments and support for next-generation connectivity and communications infrastructure; and a partnership that will see Trend Micro open its regional headquarters in Riyadh. The announcements were made at LEAP22,

ESG

Debut of 'sustainable' sukuk for Saudi National Bank

According to Reuters, Saudi National Bank, the kingdom’s largest lender that is 50.4 percent indirectly owned by the government, sold $750 million in its debut “sustainable” sukuk last week after demand surpassed $3.2 billion. The five-year Islamic bonds were sold out. Bankers predict that the Gulf will

J&T Express

J&T Express Officially Launches its Express Network in the UAE, Saudi Arabia

DUBAI, UAE, Jan. 7, 2022 /PRNewswire/ — J&T Express, an international express logistics company, today announced the official launch of its express network in the United Arab Emirates (UAE) and Saudi Arabia. The two countries are the first markets to be covered by J&T Express in the

jazan

MALAYSIA STRONGLY CONDEMNS ATTACKS ON JAZAN, SAUDI ARABIA

MALAYSIA STRONGLY CONDEMNS ATTACKS ON JAZAN, KINGDOM OF SAUDI ARABIA Malaysia strongly condemns the projectile attacks by the Houthis on Jazan, Kingdom of Saudi Arabia on 24 December 2021 which has resulted in the loss of lives and injuries, as well as destruction to properties. Malaysia extends its heartfelt sympathies

AIUIa

Saudi's AlUla Signs Strategic Agreements With French Smart City Powerhouses

JEDDAH, Saudi Arabia, Dec. 6, 2021 /PRNewswire/ — The Royal Commission for AlUla (RCU) today announced the signing of four strategic agreements – including one for Villa Hegra, introducing the iconic ‘French villa’ model in the Middle East. The partnerships come as part of RCU’s integrated development programme to transform AlUla

Neom

The largest floating industrial complex in the world

Neom today announced the establishment of OXAGON, the world’s first fully-integrated port and supply chain ecosystem for Neom. OXAGON will establish the world’s first fully-integrated port and supply chain ecosystem for Neom. The port, logistics and rail delivery facility will be unified, providing world-class productivity levels with net-zero

china

$880m Chinese-led Project Enough To Buy Saudi Silence?

KUALA LUMPUR: A $880m Chinese-led project is enough to buy Saudi Arabia’s silence? People are asking why Saudi Arabia is not condemning China over the abuse of the rights of Muslims in the red country? Business and cash is king could be the answer. Saudi Arabia and China laid

SAUDI ARABIA

Saudi Worries: More-infectious Variants Of Coronavirus In Circulation

Kuala Lumpur: Fearing more-infectious variants of Coronavirus in circulation, Saudi authorities are banning travel, without prior permission, to and from the UAE, Ethiopia and Vietnam. The Ministry of Interior on Saturday says Flights to and from the three countries will be suspended on Sunday, July 4, at 11 p.m.

IRAN

Saudi Arabia Watches Closely As Israel Opens UAE Embassy

KUALA LUMPUR: Saudi Arabia is closely watching the Israeli opening of an Embassy in the United Arab Emirates. Arab News, the unofficial mouthpiece of the government, has the event on its front page. The Saudi’s has nothing negative to say about the visit of top Israeli diplomat Yair Lapid

peace

A Culture Of Peace, Justice And The Rule Of Law To Fight Terrorism

KUALA LUMPUR: A culture of peace, justice and the rule of law is needed to fight terrorism, says Saudi Arabia. A surprise package landed in the United Nations on Monday. Saudi Arabia is condemning terrorism in all its forms. It is a country that most of the world accuses of

covid-19

No Haj Without Covid Vaccine

Pilgrims who do not get COVID-19 vaccination will not be allowed to perform Haj this year, says Saudi Arabia. The country’s health ministry published a ruling saying only people who have been vaccinated against COVID-19 will be allowed to attend the haj. The government says it will consider coronavirus

brent crude

Oil price up 20 percent in a month

February was a good month for oil producers with prices rising by nearly 20 per cent following Saudi Arabia’s cut in output. Brent crude closed slightly off its best level closing at $62 yesterday away from the month high of $67.  However, with the Saudi output cut taking effect,

ballistic missile

Biden's Friends Throw Ballistic Missile at Saudis

The new friends ofJoe Biden in Yemen greeted the statement against Saudi Prince Mohammad bin Salman with drones, ballistic missile. This is the message sent to the Saudis after the US attempt to shift allegiance over the Yemen war. The Arab News says the Houthis launched six drones toward the

Adnan Khashoggi

Biden's threat v/s Saudi Prince is Bogus Says Arab World

The Arab world on Saturday thrashed US President Joe Biden’s attempt to knock-off Saudi Prince Mohammad Bin Salam from power. In unison, they are saying the FBI report is without substance. “It is only an opinion from an agency and it is devoid of any conclusive evidence.” This is

MBS

What is happening in Saudi Arabia? A departure from Islamic laws?

Saudi Arabia is not the same country that it was a few years ago. It is a country of reforms with a courageous leader (Prince Muhammad Bin Salman) in command. This is what opinion writers are saying in Saudi Arabia. Many would think the Saudis are abandoning the Sharia for

abaya

Riyadh Taps in the Huge Muslim Fashion Market but Not Without Controversy!

They call it the fashion for style-conscious Muslims and the “Modest Fashion” show took place in the Saudi Arabia capital Riyadh, of all the places. The event with its extravagant clothing shows the transformation of Saudi Arabia. That is from a super conservative nation to a ‘modern’ one. But what

biden

The SWAMP is back!

Saudi Arabia could well be the main focus of the Biden administration and this will increase efforts by lobbyists to dampen attacks against the Royals When Donald Trump came to power, one of his mission was to clean the swamp. The swamp is the lobbying power of various grouping that

muslim brotherhood

Saudi Arabia wrong in targeting the Muslim Brotherhood as a terror org

It is regrettable, wrong and a grave mistake for the Haiat Kibar Al Ulama Al Suudiyah to declare Jamaah the Muslim Brotherhood as a terrorist organization. Ikhwan al Muslimun or the Muslim Brotherhood’s beginnings in the modern age was pioneered by al syahid Imam Hasan al Banna in the

AI, innovation and mineral market are Saudi Arabia's new cornerstones

This is how Saudi Arabia is trying to limit its already too heavy dependence on the oil and gas sector. It is investing heavily, in terms of double-digit in billions of dollars in Artificial Intelligence, innovation and looking at the mineral market. While the United Arab Emirates ranks number 1

Saudi Arabia suspends Umrah for domestic pilgrims

https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js (adsbygoogle = window.adsbygoogle || []).push({}); Saudi Arabia says Wednesday it is suspending all Umrah pilgrimages as it reports its second case of the coronavirus. This means the year-round Umrah pilgrimage to the holy cities of Makkah and Madinah are not suspended. The ban,