Riyadh, Feb 12, 2023: At today’s Saudi Capital Market Forum in Riyadh, Adena Friedman, Chair and Chief Executive Officer of Nasdaq, heralded Saudi Arabia’s vision and leadership as key success factors in building a globally competitive capital market: “This region is one of the fast-growing in the world. Saudi has done a tremendous job of bringing capabilities into the market so they can compete with global mature markets. It’s a testament to amount of focus, energy and leadership in the country.” As a result, she noted that the IPO environment is vibrant in Saudi Arabia, echoing earlier comments from H.E. Mohammed El Kuwaiz, Chairman, Capital Market Authorit ......read more

Riyadh, Saudi Arabia, February 12, 2023 – Amin H. Nasser, Aramco President & CEO, today gave a keynote speech at the second edition of the Saudi Capital Market Forum, which was held under the auspices of His Excellency the Chairman of the Board of the Capital Market Authority, Muhammad Al-Quwaiz.   In his speech, Mr. Nasser highlighted that capital market development is high on the agenda under the Kingdom’s vision. Mr. Nasser applauded the Saudi Capital Market growth, saying “this is now one of the fastest-growing capital markets in the world, benefiting from an economy that is the fastest-growing among the G20. And the Saudi Stock Exchange now ranks among the t ......read more

 Announcement at LEAP sees Saudi public and private enterprises gain access to a network with annual trade transactions worth more than US$5 trillion    RIYADH, KSA — February 11, 2023 – At the LEAP technology event in Riyadh, SAP announced the establishment of its global SAP Business Network within Saudi Arabia. The move will enable Saudi public and private enterprises to trade, buy and sell on the world’s largest business digital network in 190 countries, with millions of trading partners conducting transactions worth more than US$5 trillion annually.    The announcement was made by Ahmed AlFaifi, Senior Vice President and Managing Dir ......read more

• AlUla Arts Festival runs from February 16 to 28, activating multiple venues in the stunning ancient city within the central theme of Living in Colour • Visitors can experience immersive art and follow a trail of curated public art installations across AlJadidah, AlUla’s arts district  • Part of broader AlUla Moments calendar, AlUla Arts Festival boasts art exhibitions, exclusive performances, guided tours, and more   AlUla, Saudi Arabia, February 9, 2023 – The AlUla Arts Festival returns for its second edition on February 16, with an expansive program of events, exhibitions, and creative initiatives taking place across 12 days in the stunnin ......read more

An unforgettable food experience comprising unique and innovative delicacies from all over the world   Sub-headlines: - Guests at voco Riyadh can savor themed dinner evenings with a variety of mouthwatering dishes at its five restaurants & cafes - Allaf: voco Riyadh restaurants are distinguished by their celebrated chefs - Special arrangements for the holy month of Ramadan, which is fast approaching     Riyadh:  voco Riyadh, an IHG Hotel, has launched several themed food nights to offer guests a unique but fun-filled dining experience, featuring authentic Saudi, Egyptian, Asian, Mexican, and other global cuisines. This is in addition to un ......read more

Riyadh, Saudi Arabia - 9 February 2023:  Formula E has reimagined its entire music and sound suite used across broadcast and digital channels, inspired by the power of electric acceleration and incorporating the sound of the fastest, lightest, most powerful and efficient electric race car ever built – the GEN3. The new sonic identity is part of an overall refresh of the Formula E brand, unveiled at the 2023 Hankook Mexico City E-Prix in January, and aligned to the beginning of the GEN3 era in the ABB FIA Formula E World Championship.     The GEN3 is the third-generation Formula E race car and represents a huge leap in technology that pushes the boundaries of EV d ......read more

• New deals include the launch of a data centre and two dedicated academies for developing technical skills and unearthing homegrown talent • Fresh announcements follow more than US$9 billion of investments revealed earlier this week   Riyadh, Kingdom of Saudi Arabia – February 8, 2023: LEAP23, the world’s most visionary technology event, today announced a series of new investment and funding programmes designed to accelerate the Kingdom’s digital transformation in multiple fields.   The announcements, which equate to US$580 million and follow more than US$9 billion of investments revealed earlier this week, include the launch of a major n ......read more

• New Alliance unites global thought-leaders, pioneers, and futurists to explore creation of ethical, economic, and technological principles for Metaverse and Web3 builders • Inaugural meeting at LEAP23 paves way for increased diversity, inclusion, and safety in digital ecosystem   Riyadh, Kingdom of Saudi Arabia – February 8, 2023: In line with its mission to empower entrepreneurs, ignite innovation, and progress into new worlds, LEAP23 – the world’s most visionary technology event – has launched the ground-breaking Alliance for Metaverse and Web3 Empowerment (AM3E).   The launch at LEAP23, which runs at Riyadh Front Exhibition & ......read more

8th February 2023: Alma Health, a fully-integrated digital healthcare provider created to transform the lives of individuals living with chronic conditions such as diabetes, hypertension and cholesterol, has taken the stage at the Leap conference as a keynote speaker to announce its official launch in Riyadh, with plans to expand to Jeddah and Dammam in the near future.  Conceptualized in May 2021, by co-founders Khaldoon Bushnaq and Tariq Seksek, Alma Health offers doctors consultations via its mobile application with one of the company’s licensed, in-house and experienced physicians and obtain prescriptions on a renewal basis and provides patients with same-day delivery of th ......read more

Kingdom of Saudi Arabia, 8 February 2023: nybl, the Saudi-based AI-driven deep-tech development company, has signed a Memorandum of Understanding (MOU) with Lenovo, the world’s largest IT and Solutions provider. The MOU is aimed at strengthening joint activities in the areas of Research, Development, and Innovation (RDI) to deliver customized solutions for municipal authorities, future smart cities, and environmental protection. The collaboration was formalized during a signing ceremony at LEAP 2023, in the presence of Noor Alnahhas, CEO of nybl and Giovanni Di Filippo, EMEA President at Lenovo Infrastructure Solutions Group (ISG), as well as other high-level delegates from nybl and ......read more

Signs MoU with MCIT to upscale SMEs, increase national Hi-tech talent capacity and offer a cognitive test bed to accelerate digital innovation    Riyadh - February 8, 2023:  Tech Mahindra, a leading provider of digital transformation, consulting, and business re-engineering services and solutions, has signed a Memorandum of Understanding (MoU) with the Ministry of Communication and Information Technology (MCIT), Saudi Arabia to establish a Data & AI and a Cloud Center of Excellence (CoE) in Riyadh. The CoE will combine academic and socio-economic goals to build national Hi-tech talent capacity, create high quality jobs, promote digital innovation and upscale small & ......read more

Kingdom of Saudi Arabia, 7 February 2023: Tatweer Educational Technology (TETCO), the government company dedicated to supporting educational technologies with high-quality solutions and services, has signed a Memorandum of Understanding with Lenovo, with a goal of driving digital transformation in the education sector. The collaboration was formalized during LEAP 2023, in the presence of Eng. Abdullah Gahnem Altamimi, CEO, TETCO and Marwan Bsat, General Manager, Lenovo Saudi Arabia, as well as other high-level delegates from TETCO and Lenovo.  The collaboration will see both Lenovo and TETCO working together to create a new framework for future collaborations into building digital tr ......read more

• Japanese roboticist Hiroshi Ishiguro and his robot twin, Geminoid HI-1, wow DeepFest audience with futurist vision of “human-robot symbiotic society”   Riyadh, Saudi Arabia – February 7, 2023: The Kingdom of Saudi Arabia today enhanced its game-changer status in the global data and artificial intelligence (AI) sectors with the opening instalment of DeepFest - a new co-located event held in partnership with the Saudi Data & Artificial Intelligence Authority (SDAIA) - on the side-lines of LEAP23, the world’s most visionary tech event.    The inaugural DeepFest has gathered drivers of the global AI ecosystem to unveil multi-sector in ......read more

Riyadh, Saudi Arabia - February 07, 2023 - The Saudi Arabia-China Entrepreneur Association (SCEA) was officially launched today at the LEAP 2023 conference in Riyadh, bringing together top government entities, enterprises, NGOs, and academic institutions from both countries. SCEA is a non-profit organization supported by the Ministry of Communications and Information Technology (MCIT), the Saudi Federation for Cybersecurity, Programming, and Drones (SAFCSP), and operated by eWTP Arabia Capital (eWTPA). With over 100 founding members, including STC, Alibaba Cloud, China Mobile, Tencent, and others, SCEA aims to promote constructive engagement between business leaders in Saudi Arabia and Ch ......read more

The company revealed the KSA insights from its latest Security Outcomes Report at LEAP 2023   News Summary: • 54 percent of organizations surveyed in KSA had experienced a security event that impacted business.  • Adoption of Zero Trust (36 percent) resulted in significant increases in resilient outcomes in the Kingdom.    Kingdom of Saudi Arabia, Riyadh, February 07, 2023 — At LEAP, Cisco released the KSA findings of its latest Security Outcomes Report, focusing on “Achieving Security Resilience”.    Now in its third year, the report is Cisco’s annual security study and consists of responses from more th ......read more

February 07, 2023: Valentine’s Day is on its way and this year, Pandora is launching a new range of meaningful gift ideas that will pay tribute to your unique love story like never before. A personal gift crafted by Pandora and hand-picked by you will reflect all the ways you see, know and understand the one you love most. For the one who just “gets” you. This season, the Pandora Moments collection sees new arrivals that capture special connections: expanding heart motifs and hearts within hearts feature across the new designs - perfect for reminding loved ones that they’re always in yours. For a timeless love. Wrap up classic yet statement pieces from Pandora T ......read more

CBRE releases its Saudi Arabia Real Estate Market Review Q4 2022 Riyadh – February 7, 2023 – Saudi Arabia’s real estate sectors have recorded fragmented performance across cities and asset classes over 2022.  Looking at Saudi Arabia’s office sector figures, occupier demand remained strong over the last quarter of 2022. This was particularly so in Riyadh, where stock levels remain anemic at best and many upcoming developments are mostly fully pre-leased. Grade A offices in Riyadh saw average rental rates increase by 5.8% year-on-year increase in Q4 2022, while Grade B rents rose by 1.5%. As for average occupancy rates, both Grades A and B stock saw occupancy ......read more

Riyadh, Saudi Arabia - 7 February 2023:  Formula E is pioneering a new broadcast production facility in London that delivers state-of-the-art coverage of its live motor racing action from around the world while reducing the environmental impact typical of major live international sports events on TV. Now in its ninth season, the ABB FIA Formula E World Championship will race in Hyderabad this Saturday, the first time the series has visited India, after the thrilling double-header races in Diriyah, Saudi Arabia two weeks ago. The race will air live in the UK on Channel 4 and Eurosport from 9am GMT, and in the GCC region on SSC 2, Dubai Sports, Shahid.net, and the Formula E YouTube, ......read more

7 February 2023:  The International Air Transport Association (IATA) released data for global air freight markets showing that 2022 full-year demand for air cargo took a significant step back from 2021 levels but was close to 2019 performance.   • Global full-year demand in 2022, measured in cargo tonne-kilometers (CTKs*), was down 8.0% compared to 2021 (-8.2% for international operations). Compared to 2019, it was down 1.6% (both global and international). • Capacity in 2022, measured in available cargo tonne-kilometers (ACTKs), was 3.0% above 2021 (+4.5% for international operations). Compared to 2019 (pre-COVID) levels, capacity declined by 8.2% (-9.0% for int ......read more

7 February 2023:  The International Air Transport Association (IATA) announced that the recovery in air travel continued in December 2022 and for the full year.  • Total traffic in 2022 (measured in revenue passenger kilometers or RPKs) rose 64.4% compared to 2021. Globally, full year 2022 traffic was at 68.5% of pre-pandemic (2019) levels. December 2022 total traffic rose 39.7% compared to December 2021 and reached 76.9% of the December 2019 level. • International traffic in 2022 climbed 152.7% versus 2021 and reached 62.2% of 2019 levels. December 2022 international traffic climbed 80.2% over December 2021, reaching 75.1% of the level in December 2019. • D ......read more

The Kingdom of Saudi Arabia – February 2023:  Represented by the Saudi Food and Drug Authority (SFDA), will host the 26th Annual Meeting of the Global Harmonization Working Party (GHWP) for Medical Devices, and the scientific and technical working groups' meetings, between February 13 and 16 2023. GHWP Chair and Executive Vice President of Medical Devices Sector at SFDA Eng. Ali Al-Dalaan said that the meeting is considered the largest global gathering of regulatory bodies, which consists of 33 oversight bodies for medical devices, such as the SFDA and its counterparts in the US, China, Japan, South Korea and the rest of the organization’s members, as well as a number ......read more

Riyadh, Saudi Arabia, 07 February 2023 – Nestled in the heart of Saudi Arabia, Hilton Riyadh Hotel & Residences celebrates Valentine’s Day with curated offers on room stays, spa days, and dinner dates. Located only a kilometre from the upscale shopping, dining, and entertainment area of Granada Mall, the hotel promises a unique experience that blends romance with the buzz of one of the region’s most up-and-coming cities.   This Valentine’s Day, couples visiting the Hilton Riyadh Hotel & Residences can take advantage of an exclusive ‘Romantic Package,’ which covers a one-night stay paired with select food and beverage experiences, persona ......read more

AAI acquires new customers across Banking, Education, Government, Semi-Government, Healthcare and Telco   RIYADH, Saudi Arabia: February 5, 2023 - Automation Anywhere (AAI), the #1 leader in cloud-native intelligent automation announced today, that it will be strengthening its presence across Saudi Arabia with greater focus on customer acquisition across all major industry verticals. The company will be present at LEAP 2023, organized at Riyadh Front Expo Centre, Saudi Arabia from 6-9 February 2023 at booth no. H5-D78.   The Automation Success Platform, a connected portfolio of automation tools and technology, helps enterprises engage with employees and connect disparat ......read more

The 2nd Annual LEAP Conference, a global tech event to be held in the Saudi capital, is expected to gather more than 100,000 tech innovators and leading experts from across the world.   Riyadh:   Micro Focus, a leading technology company, will showcase its cutting-edge technology capabilities at the 2nd Annual LEAP Conference, a prestigious global technology gathering which is held in Riyadh from February 6th to 9th, 2023. The conference, which is expected to attract over 100,000 tech innovators and experts from around the world, will provide a platform for the company to highlight its services and demonstrate its commitment to staying at the forefront of modern techno ......read more

• With a storied past featuring more than a century of elegance and innovation, the brand looks ahead to a connected, electrified future • Notable Lincoln innovations of the past 100 years include center-opening coach doors, electric gauges, keyless entry, and symphonic chimes • The brand has already revealed a glimpse of the electrified, connected future through its Star and L100 concepts   Riyadh, KSA, 6 February, 2023: On 4 February 1922, Henry Ford acquired The Lincoln Motor Company from distinguished inventor and automotive engineer, Henry Leland. The transaction set in motion the creation of an iconic American luxury brand that has pioneered some of the ......read more

SaaS platform expands F5’s security portfolio with simplified management and security for all applications in all locations.    Riyadh, Saudi Arabia. February 5, 2023:  F5 is set to highlight the scale and impact of its Distributed Cloud Services platform at LEAP 2023.   A major expansion of its application security and delivery portfolio, F5 Distributed Cloud Services provides security, multi-cloud networking, and edge-based computing solutions on a unified software-as-a-service (SaaS) platform. The platform encompasses the F5 Distributed Cloud WAAP (Web Application and API Protection) solution, which augments multiple security capabilities across F5 technologi ......read more

• Royal Commission for AlUla has spearheaded a multidisciplinary initiative as it continues to shed new light on the ancient kingdoms of North Arabia • Installation at Hegra Welcome Centre comes in the 15th year since Hegra became the Kingdom’s first archaeological site to be inscribed onto the UNESCO World Heritage List   AlUla, Saudi Arabia, 6 February 2023: A team of archaeologists, academics and specialists in the fields of forensic science and modelmaking has completed the first known digital and physical reconstruction of a Nabataean woman discovered at Hegra, a UNESCO World Heritage Site that was once a vibrant city for this North Arabian kingdom which do ......read more

Riyadh, Saudi Arabia, February 6, 2022: Meraki, the one and only contemporary Greek concept offering the finest Mediterranean experience in a stylish and authentic setting in Riyadh, is proud to announce a special romantic dinner experience on Tuesday 14th February, in celebration of Valentine's Day. The dinner is inspired by the love story of Penelope and Odysseus from the heart of Santorini. The menu, designed to share and awaken the senses, features a signature welcome drink and a range of tantalizing dishes that celebrate the warm and generous hospitality of Greece, in Riyadh. With a focus on fresh, seasonal ingredients, Chef Sanjay Dwivedi has crafted a menu that will impre ......read more

• Vendor management system hosted at SAP Data Centers in Riyadh and Dammam • Data sovereignty assured for public sector and financial services industries   RIYADH, KSA — 6 February 2023 —To support the dynamic growth of its users in the Kingdom of Saudi Arabia, global technology company SAP SE (NYSE: SAP) announced at the LEAP technology event in Riyadh today that SAP Fieldglass would be available in country, hosted on its data centers in Riyadh and Dammam. SAP Fieldglass enables organizations in Saudi Arabia to use the leading Vendor Management System (VMS) while meeting the data sovereignty requirements within the country.   SAP Fieldglass is ......read more

“Through Art, We Impact”   Ministry of Economy and Planning launches ‘Art X Economy’ initiative to educate youth and bring Saudi Arabia’s transformation to life through creativity   The ‘Art X Economy’ initiative – presented by Saudi Arabia’s Ministry of Economy and Planning and powered by the Visual Arts Commission at the Ministry of Culture – has been launched to educate youth about the Kingdom’s transformation through vibrant artworks combining creativity with data.    The initiative brings together the best-in-class insights of the Ministry of Economy and Planning – a key driver of the K ......read more

Superstar DJ and producer joins Travis Scott and Afrojack as part of A-List weekend concerts   The Saudi Motorsport Company (SMC) – Promoter of the FORMULA 1 STC SAUDI ARABIAN GRAND PRIX 2023 – is delighted to confirm that multi-award winning Superstar DJ and music producer Calvin Harris, will perform at this year’s event taking place in Jeddah, Saudi Arabia from 17th-19th March 2023.    The Scottish singer-songwriter will be joining multiple Grammy nominated US rapper Travis Scott and legendary recording artist, producer, and DJ Afrojack on the weekend’s music line-up for biggest international sporting event of the year to take place in the Kingdom ......read more

Bupa Arabia won several awards in 2022 and made a big difference in the healthcare sector   Highlights • Tal Nazer: Bupa Arabia faced great challenges, which it succeeded in dealing with and became a leader in the insurance sector. • Harvest Awards 2022: Bupa Arabia wins 23 categories from 12 regional and local awards, including 3 categories of the Health Insurance Excellence Award • Expectations of the growth of the health insurance sector in the Kingdom to more than SR60 billion by 2030     Jeddah:   As Bupa Arabia for Cooperative Insurance celebrates a quarter century of health service in the insurance sector in Saudi Arabia ......read more

Galaxy S23 Ultra’s most advanced camera, next-level gaming performance, and more eco-conscious design come together in Samsung’s most innovative Galaxy S series yet.     Riyadh, Saudi Arabia – February 2, 2023 – Samsung Electronics Co., Ltd. today unveiled the Galaxy S23 Ultra, Galaxy S23+, and Galaxy S23, marking a new era of Samsung Galaxy’s ultimate premium phone experience. Samsung Galaxy's epic camera gives users more freedom to explore their creativity, like capturing truly cinematic Nightography videos with transformative AI. The Snapdragon® 8 Gen 2 Mobile Platform for Galaxy unleashes premium experiences, including groundbreaki ......read more

Superstar DJ and producer joins Travis Scott and Afrojack as part of A-List weekend concerts   Jeddah, Saudi Arabia (1st February)– The Saudi Motorsport Company (SMC) – Promoter of the FORMULA 1 STC SAUDI ARABIAN GRAND PRIX 2023 – is delighted to confirm that multi-award winning Superstar DJ and music producer Calvin Harris, will perform at this year’s event taking place in Jeddah, Saudi Arabia from 17th-19th March 2023.    The Scottish singer-songwriter will be joining multiple Grammy nominated US rapper Travis Scott and legendary recording artist, producer, and DJ Afrojack on the weekend’s music line-up for biggest international sporting eve ......read more

Riyadh, KSA, February 01, 2023: Huawei, the global tech giant, is collaborating with stc tv, its regional partner to bring users across the Middle East and North Africa an enhanced innovative digital entertainment experience. The agreement will see stc tv and Huawei collaborate in the digital entertainment field and roll out new bundles and offerings.   stc tv is a streaming service that aggregates and curates the top regional and global content for audiences across MENA. With an abundance of content and flurry of OTT platforms available in the market, it's becoming increasingly difficult for consumers to navigate, discover and engage with the content they like.    ......read more

• Formula E and New Era sign multi-year licensing deal for a range of fan headwear products • New Era tops the winner’s podium for the first time in motorsport with the Hankook Tire podium cap • Multi-product headwear range available online and at races from the spring   RIYADH, SAUDI ARABIA - 1 Feb. 2023 – Formula E and international sports and lifestyle brand, New Era, today announced a multi-year global licensing deal for a range of fan headwear products with New Era supplying the official podium cap for the first time in motorsport.  The Hankook Tire podium cap was unveiled at the 2023 Hankook Mexico E-Prix on the 14th January where mor ......read more

• Consolidated Revenues of $27.0B, Down 2.7% from Last Year • Consolidated Operating Margin of 11.8%; Adjusted Consolidated Operating Margin of 14.1% • Diluted EPS of $3.96; Adjusted Diluted EPS Up 0.8% Over Last Year to $3.62 • Declares a Quarterly Dividend of $1.62, a Per Share Increase of 6.6%, and Authorizes a New $5B Share Repurchase Program, Replacing the Existing Authorization   January 31, 2023 – UPS (NYSE:UPS) today announced fourth-quarter 2022 consolidated revenues of $27.0 billion, a 2.7% decrease from the fourth quarter of 2021. Consolidated operating profit was $3.2 billion, down 17.9% compared to the fourth quarter of 2021, and dow ......read more

• The Stopover Visa is offered to passengers traveling to their final destination on national air carriers, SAUDIA and flynas • Stopover Visa is open to all leisure, business and religious travelers and welcomes visitors to stopover for up to 96 hours and includes one complimentary night hotel stay    • First Stopover visa to be digitally integrated with an airline booking engine and can be obtained in three minutes    Riyadh, 31 January 2023 – Ministry of Foreign Affairs (MOFA), in collaboration with the Ministry of Tourism (MT), Ministry of Interior (MOI), the Ministry of Hajj and Umrah (MOHU), Saudi Tourism Authority (STA), SAUDIA an ......read more

• Dragon’s Den and Shark Tank judges among those involved in LEAP23 Rocket Fuel Startup Pitch Challenge between February 6-9 in Riyadh • Winners’ ceremony for ongoing Alibaba Cloud Saudi Hackathon set for final day • Music icon will.i.am and Barcelona legend Carles Puyol join C-suite thought-leaders from Aramco, Zoom, Google, Oracle, SAP, and NEOM, among others   Riyadh, Kingdom of Saudi Arabia – January 31, 2023: LEAP23, the world’s most visionary and valuable technology event, will host two competitions with a prize purse of US$1.54 million, as well as a welcome a raft of global celebrities and tech industry luminaries ranging from mu ......read more

Riyadh, Kingdom of Saudi Arabia – 31 January 2023: Ahead of LEAP 2023 technology conference in Riyadh, Cisco has shared its insights into technological trends that will help businesses in the region make the most of digital transformation. Cisco sees security, hybrid work, multi-cloud architectures and sustainability as key themes in 2023, all powered by connectivity and a next generation of networks.  Visitors of LEAP will experience the following trends and latest technologies, designed to accelerate public and private customers’ agendas for a digital and green future, at Cisco’s booth under the theme of “Powering A Connected & Sustainable Universe&rdquo ......read more

Jeddah:   Panda Retail Company launched its first annual event for suppliers: (Panda Annual Collaborative Event) "PACE", at The Venue Jeddah Corniche Hotel. The event discussed various topics related to the retail market including empowering society for a better life and thanking the Kingdom of Saudi Arabia government for its initiatives to ensure that the effects of global inflation do not impact consumers. The first annual PACE event facilitated discussion with external speakers about the effects of global inflation on customers and consumers both inside and outside the Kingdom of Saudi Arabia. The event was created by Panda due to the importance of promoting the ......read more

30 January 2023- Saudi German Health (SGH), a leading healthcare group in the Middle East and North Africa (MENA) region, is participating in the Arab Health 2023, in line with its commitment to promoting and raising the standards of the region’s healthcare sector. The annual event, which is being held at the Dubai World Trade Centre, starts on January 30, 2023 and will run until February 02, 2023. During its participation, SGH highlighted its ethos of ‘Caring Like Family’ and showcased its family tree at the centre of its booth to underline the group’s milestones and family spirit. The group also highlighted several achievements, including the launch of the &lsq ......read more

• From inception to completion, the company plans to deliver hospitality, residential, retail and infrastructure projects to turn AlUla into a global tourism destination.   • AlUla Development Company is, wholly owned by the Public Investment Fund (PIF) that aims to unlock the capabilities of new sectors and help drive Saudi Arabia’s economic diversification in line with Vision 2030.   • The planned developments include 7,500+ hotel keys, 5,000 residential units, a staff village comprising 1,000+ units, supporting infrastructure, and more.   Riyadh, Saudi Arabia – January 30th, 2023:   AlUla Development Company, wholly owned by the Publi ......read more

Highest Full-Year Revenue in LG Electronics’ History with Continuous Growth Based on Strong Fundamentals DUBAI, January 30, 2023 — LG Electronics Inc. (LG) announced full-year 2022 consolidated revenue of KRW 83.5 trillion with operating profit of KRW 3.6 trillion.  In 2022, LG achieved its highest annual revenue ever – surpassing KRW 80 trillion for the first time in its history – increasing 12.9 percent over 2021, when sales exceeded KRW 70 trillion for the first time. The record sales reflect continuous growth based on strong fundamentals, although full-year profitability was impacted by challenging global economic conditions. The company’s reve ......read more

Metaverse, AI, Blockchain, and VR in healthcare are among KFSH&RC’s key focus areas Riyadh, Kingdom of Saudi Arabia – January 30, 2022 – King Faisal Specialist Hospital & Research Centre (KFSH&RC) announces its participation at the second edition of LEAP, Saudi Arabia's most prominent technology event, which is set to convene global innovators and disruptors in Riyadh between February 6-9.  Internationally ranked as Saudi Arabia's number one hospital and a primary supporter of Vision 2030's healthcare transformation goals, KFSH&RC will present trailblazing technologies that will drive the healthcare sector forward under the three main ......read more

14 Russian companies from the construction industry will participate in the Middle East's largest exhibition in the construction industry - The Big 5 Saudi 2023. The exhibition will be held in Saudi Arabia, Riyadh from 18 to 21 February 2023 at the Riyadh Front Exhibition & Conference center.      The “Made in Russia” exhibitors will showcase their products and services in the fields of engineering and high-end plastics, plastic slabs, strips, pipes and profiles, sanitaryware and construction materials, concrete products for use in construction, as well as energy-efficient solutions for industrial enterprises and other construction products.   ......read more

Dubai, UAE, 28th January 2023: Arab Bank Group achieved solid results for the period ending December 31, 2022, with net income after tax of $544.3 million as compared to $314.5 million in 2021. The Group’s performance was driven by robust growth in its core banking business across different markets, as net profit before provisions and tax increased by 23% to reach 1.35 billion US dollars. Excluding the impact of devaluation of several currencies against the US dollar, loans and deposits grew by 5% to reach $35.4 billion and $ 47.7 billion, respectively, despite the volatile operating environment. In view of these results, the Board of Directors has recommended to the sharehol ......read more

RIYADH, SAUDI ARABIA, 27 January 2023: This weekend will see colossal battles inside the WWE Ring as Royal Rumble makes its entrance for 2023 with championships on the line and more than 60 WWE superstars set to face off on Sunday, 28 January. In the main event encounters, this year’s Royal Rumble will raise the stakes higher than ever, with the winner of both the male and female headline matches guaranteed a World Championship match at WrestleMania 39 in Hollywood in April.    In the 30-man Royal Rumble contest, Superstars from across eras, including Drew McIntyre, Cody Rhodes, Rey Mysterio, Sheamus, and current United States Champion Austin Theory, will battle it ou ......read more

The traditional Saleeg dish is a great way to immerse yourself in the flavors of Hijaz   Riyadh, Saudi Arabia, January 27, 2023: MAIZ, a unique fine-dining concept that brings authentic Saudi cuisine in a thematic Saudi Arabian cultural setting, welcomes guests to unique culinary experience at Bujairi Terrace, a new fine-dining destination developed as part of Diriyah Gate Development.  Inspired by the energy of the sun, the warmth of the desert, and the traditions of Saudi Arabia cuisine, Maiz invites visitors to embark on an exceptional journey in Saudi flavours, innovative drinks, and unparalleled hospitality all throughout the day. As one of the most popular Saudi dishe ......read more

Riyadh, Saudi Arabia - 26 January 2023:  Ahead of this weekend’s CORE Diriyah E-Prix double-header, Nio 333 racing driver, Dan Ticktum, attended a special screening event organised by Formula E, with the support of Saudi Ministry of Sport, to preview the second season of Formula E: Unplugged, which will be coming to screens in MENA soon.    Hosted at the VOX Kingdom Cinema, 30 guests were invited for drinks and canapés ahead of a special 30 minute 'best of' episode, showcasing all the best moments of the series. Formula E commentator, Jack Nicholls hosted a Q&A session with the NiO 333 driver, which was then followed by exclusive interviews.  The si ......read more

Riyadh, Saudi Arabia. 25 January 2023 - Saudi Arabia reiterated its commitment to build bridges across geopolitical and economic divides at the World Economic Forum (WEF) 2023 Annual Meeting in Davos, Switzerland last week.   His Highness Prince Faisal bin Farhan Al Saud, Minister of Foreign Affairs, led the Saudi delegation of nine ministers and high-level officials, and told the world that geopolitical stability is key to energy security, and the Kingdom has “become the meeting place between East and West”.   During the week, Saudi Arabia hosted a dialogue titled ‘Toward a Resilient Urban Resource Nexus’, with key international public and private secto ......read more

Riyadh, Saudi Arabia, 26 January 2023: NEOM McLaren Formula E drivers René Rast and Jake Hughes are relishing the opportunity of racing at this weekend’s CORE Diriyah E-Prix double-header, hoping to make Saudi Arabia proud in NEOM’s ‘home’ races.   The ABB FIA Formula E World Championship returns to Riyadh for Rounds 2 and 3 of Season 9 on Friday and Saturday with Rast and Hughes to put on strong performances at the night races.    It will be the first time the drivers and the team will be competing in Saudi Arabia since NEOM’s strategic partnership with McLaren to become the title partner of the McLaren Formula E teams.   During a virt ......read more

• All financial outlook metrics met in FY 2022 • Cloud revenue up 33% and up 24% at constant currencies in FY 2022. Q4 S/4HANA cloud revenue further accelerates, up 101% and up 90% at constant currencies • Current cloud backlog exceeds €12 billion, up 27% and up 24% at constant currencies • IFRS cloud gross profit up 38%, non-IFRS cloud gross profit up 37% and up 28% at constant currencies in FY 2022 • IFRS operating profit flat, non-IFRS operating profit down 2% and down 7% at constant currencies in FY 2022. Q4 IFRS operating profit up 17%, non-IFRS operating profit up 5% and up 2% at constant currencies • 2023 outlook anticipates accelerati ......read more

• ABB FIA Formula E World Championship comes to the desert for night racing under lights in the 2023 CORE Diriyah E-Prix • Double-header of races on Friday and Saturday night airs live around the world • Centuries of civilisation collide as the cutting edge GEN3 car races on the Diriyah Street Circuit around the ancient walls of the UNESCO World Heritage site for the first time • Porsche winning the power game after the season-opener in Mexico City • Moroccan rapper French Montana, DJ Martin Garrix, R&B sensation Miguel, American singer John Legend, Egyptian stars Hamaki and Mahmoud El Esseily and DJ Loush  to perform at the Diriyah E-Prix concer ......read more

The first annual event attracted nearly 350 guests including government officials, suppliers, media, and other business executives Jeddah:   Panda Retail Company yesterday held its first annual event for suppliers: "PACE" (Panda Annual Collaborative Event), at The Venue Jeddah Corniche Hotel. PACE focused on empowering people to live a better life, discussing the local and international impacts of inflation, and finding solutions to ensure consumers are protected from the worst inflationary effects. PACE was attended by more than 300 company executives and key journalists who were keen to cover the event.  Inflation and food security The CEO of Panda Reta ......read more

• The first women’s only navigational rally, Rally Jameel, returns for its second edition from 07 - 11 March 2023 • Applications are open to participants globally via the Rally Jameel website • This year’s track will start and pass through some of the Kingdom’s landmark scenery from AlUla to Hail to AlQassim • The platform is an integral part of Saudi Arabia’s initiatives to further women’s empowerment and advances the motorsports ecosystem   Abdul Latif Jameel Motors, the authorized distributor of Toyota vehicles in Saudi Arabia since 1955, today announced details of the second edition of Rally Jameel – the region&r ......read more

Happy New Year, to all our essence family out there! Let’s try to get the best out of ourselves this year. Our product range has everything that you need to create that amazing look. So let’s create some playfullooks this year with our resolution being NEW YEAR, NEW ME.  Let’s look at some of the hero products from essence Fall/Winter 2022 update that can help in creating that new makeup look;  Skincare is very important when it comes to applying makeup. essence’s HELLO, GOOD STUFF! PORE MINIMIZING Serum has a visible pore-refining effect and leaves skin feeling ultra-soft. The serum contains 95 percent natural ingredients and nourishes the skin with ......read more

Happy New Year, beauty lovers! Are you ready to ring in the New Year with a fresh, new look? This year, At CATRICE, we believe it's time to say goodbye to the old, embrace the new and become the best version of yourself. With CATRICE's Autumn/Winter 2022 collection, you'll be able to step into the new year feeling confident and radiant. Try these four must-have products from our Autumn/Winter 2022 collection and see the difference for yourself.  Start by making your eyes pop with our CATRICE Khol Kajal Waterproof. This long-lasting kajal pencil is perfect for creating a dramatic, smoky look that will turn heads. To complement this Kajal pair, it with the CATRICE Boost Up ......read more

Grammy Award-winning recording artist, producer, and DJ to perform on the Jeddah Corniche Circuit Main Stage   Jeddah, Saudi Arabia (January 25th)– The Saudi Motorsport Company (SMC) – Promoter of the FORMULA STC SAUDI ARABIAN GRAND PRIX 2023 – is delighted to confirm that legendary Grammy Award-winning recording artist, producer, and DJ, Afrojack, will perform at the third successive F1 grand Prix taking place in Jeddah, Saudi Arabia from 17th-19th March 2023.   The concert will take place on the Main Stage of the Jeddah Corniche Circuit, F1’s longest and fastest street circuit.     One of the world’s most sought after artists, Af ......read more

RIYADH, Saudi Arabia, 25 January 2023:  Formula E racing drivers Sam Bird, René Rast and Jake Hughes met some of Saudi Arabia’s biggest football heroes ahead of the 2023 CORE Diriyah E-Prix this weekend.    René Rast and Jake Hughes from NEOM McLaren Formula E team and Sam Bird from Jaguar TCS Racing joined a training session with reigning Saudi Pro League champions and 18-time winners Al Hilal for a kickabout in Riyadh.   The drivers got a chance to test their skills alongside the club’s first-team players including Saudi Arabia international Salem Al Dawsari, who scored the winner in the country’s 2-1 win against Argentina at the FIFA 2022 World Cu ......read more

Riyadh, Saudi Arabia, 24 January 2023 - Etihad Etisalat (Mobily) has signed a partnership agreement to sponsor the ABB FIA Formula E World Championship season nine of the 2023 CORE Diriyah E-Prix, taking place on January 27 – 28 - organized by local promoter CBX, Ministry of Sport and the Saudi Automobile and Motorcycle Federation. This agreement follows the great success of season eight of the event, for which Mobily was the local partner. The agreement was signed by HH Princess Nouf bint Khalid Al Saud, Director General of Marketing at the Ministry of Sportsæ Nora Al Shiha - SVP, Corporate Brand & Communications Mobily at Mobily’s head office, alongside, Carlo Boutagy - ......read more

• Kingdom on track to achieve 100 million visitors per year by the end of the decade • Tourism spending in Saudi hit $7.2bn in H1 2022, according to government data • KSA welcomed more than 18 million visitors in first three quarters of last year   Saudi Arabia registered more international arrivals than any other Arab nation during the first nine months of 2022, as government officials target 100 million annual visitors by the end of this decade. Owing to these unprecedented numbers, the Kingdom’s burgeoning tourism sector will represent a key focus at Arabian Travel Market (ATM) 2023, which will take place at Dubai World Trade Centre (DWTC) from 1-4 Ma ......read more

January 24, 2023:  With Valentine’s Day just around the corner, Pandora is celebrating how personal love can be, with pieces that honour the special connections we share with the ones we care about most. A heartfelt charm or sparkling design is just the thing to celebrate all the little ways we see, love and understand each other.   Every Pandora piece is designed to be so personal and special that it will hold a different meaning for each individual receiver - by reminding them of a special memory, event, or person.   By putting these memories and symbols together, fans can style, wear and treasure their very own unique love stories this Valentine’s Day. &nbs ......read more

Saudi teen endured car accident injuries for years without proper medical treatment  Riyadh - January 24, 2023:  Oral and Maxillofacial Surgeons at King Abdullah Medical City KAMC in Makkah completed On Sunday, December 22 a successful 3-hour surgical intervention using the 3D surgical planning technique to repair deformities and fractures in the forehead bone of a patient who suffered from an old traffic accident injury. Makkah Health cluster said that doctors were able to end the suffering of a Saudi teenager, who was involved in a traffic accident seven years ago that led to a fracture in the forehead bone and the upper right eye socket. After conducting clinical an ......read more

January 24, 2023 – Saudi German Health (SGH) recently hosted its second Investor Day, at the Group’s flagship Riyadh hospital, SGH Riyadh. The event brought together the Group’s different stakeholders and was attended by the Group’s Chairman, Eng. Sobhi Batterejee, President, Mr. Makarem Batterjee, and the entire executive management team. The event included a site tour of the recently inaugurated Medical Tower and bed expansion in Riyadh, and an open discussion with the Group’s executives.  During the meeting, the management discussed the Group’s future expansion plan and digitally focused business strategy to achieve its operating and financial t ......read more

• Saudi-based lifestyle brand CORE is new title sponsor of Rounds 2 and 3 of the ABB FIA Formula E World Championship • 2023 CORE Diriyah E-Prix is a double-header of races this Friday and Saturday (27 & 28 January) featuring the Middle East debut of the GEN3 – the fastest, lightest, most powerful and efficient electric race car ever built  • CORE is a brand based in Saudi Arabia geared towards placing lifestyle and wellness at its centre  • 2023 CORE Diriyah E-Prix is the only event on the Formula E calendar held under floodlights illuminated by low-power LED technology • Tickets for the event are available now at https://diriyahseaso ......read more

RIYADH, January 23, 2023: Lazard Ltd (NYSE: LAZ) today announced the appointment of Wassim Al-Khatib as Chief Executive Officer (CEO) of the firm’s Financial Advisory business in the Middle East and North Africa (MENA), and CEO of Lazard Saudi Arabia, subject to regulatory approval. Wassim Al-Khatib will be based in the Riyadh office, which will serve as Lazard’s regional MENA Investment Banking hub.  "We are pleased to have Wassim join us as CEO of our MENA Investment Banking business," said Peter Orszag, Chief Executive Officer of Financial Advisory at Lazard. "With his extensive experience and proven track record, Wassim will work alongside MENA Chair ......read more

The new Samsung ISOCELL HP2 boosts capacity for maximum pixel performance, allowing for detailed and seamless photos in any light condition Riyadh, Saudi Arabia – Jan. 22, 2023 – Samsung Electronics Co., Ltd., a world leader in advanced semiconductor technology, today introduced its latest 200-megapixel (MP) image sensor, the ISOCELL HP2, with improved pixel technology and full-well capacity for stunning mobile images in tomorrow’s premium smartphones.  "The Samsung ISOCELL HP2 harnesses Samsung's high-resolution image sensor technologies and know-how at the cutting edge for epic details," said JoonSeo Yim, executive vice president of Sensor Busines ......read more

20 January 2023 – Saudi Arabia’s smart city NEOM offers a new model for environmentally-friendly and sustainable urban design, both for the Kingdom and the world, Saudi’s Climate Envoy told the World Economic Forum (WEF) today.   During a panel session titled ‘The Evolution of Urban Life’, His Excellency Adel bin Ahmed Al-Jubeir, Minister of State for Foreign Affairs and Climate Envoy for Saudi Arabia, said: “[The Line] will revolutionize the way people look at cities and urban planning. NEOM is an attempt to create a city that is environmentally friendly, sustainable, that has a very high quality of life, that has virtually no traffic.” &nbs ......read more

Jeddah, Saudi Arabia, 19th January,2022:  Hosted by the Diriyah Biennale Foundation, one of the key highlights of the inaugural edition of the Islamic Arts Biennale taking place between January 23rd and April 23rd 2023 will be the 18 Saudi artists and art collectives, over 40 artworks, and over 200 artefacts from Saudi Arabian institutions that will be presented at the repurposed Western Hajj Terminal at King Abdulaziz International Airport in Jeddah. Under the theme of Awwal Bait (First House), the exhibition will explore how the holy Ka’bah in Makkah Al-Mukarramah and the Prophet’s Mosque in Al-Madinah al-Munawwarah inspires Muslims – on both cultural and metaphysica ......read more

• Caesar of Arabic music Kadhim AlSahir to play at Maraya on 19 January • Lebanese piano star Guy Manoukian to team up with Ara Malikian on 26 January   AlUla, Kingdom of Saudi Arabia - January 19, 2023:  Some of the most popular names on the regional and international music scene have been lined up for a series of intimate concerts at AlUla in the coming weeks, with Iraqi legend Kadhim AlSahir, Lebanese pianist Guy Manoukian, and Spanish violinist virtuoso Ara Malikian. AlSahir, the ‘Caesar of Arabic music’ plays at Maraya, the world’s largest mirror building and a stunning musical venue set in the desert canyon of Ashar Valley, on Thursday ......read more

Leading producer of limestone products digitizes its business to raise efficiency and support industrial and manufacturing growth in Saudi Arabia and beyond     RIYADH, Saudi Arabia – January 19, 2023 – Infor®, the industry cloud company, announced today that Saudi Lime Industries Co (SLIC), a Saudi Arabia-based producer and supplier of limestone products, has selected Infor CloudSuite Industrial Enterprise powered by Amazon Web Services (AWS), to help simplify and automate its business and processes.    Infor CloudSuite Industrial Enterprise, a powerful composable platform based ERP solution preconfigured for discrete manufacturers, will boost SLIC&r ......read more

benign tumor affected the 25-year-old of jaw  Riyadh - January 19, 2023:  A Saudi Oral and Maxillofacial Surgery team working at King Fahd Specialist Hospital KFSH in Tabuk (northwestern Saudi Arabia) succeeded in reconstructing the jaw of a 25-year-old patient after losing it for a tumor. The medical team treating the case explained that the patient was suffering from pain and swelling in the jaw and face, and after conducting necessary medical examinations and x-rays, it was found that he had a benign tumor in the lower jaw, and a medical procedure was required to remove bones of the right lower jaw. A 3D design of the jaw was made, and the exact location of the bone ......read more

19 January 2023 – Saudi Arabia, represented by the Ministry of Economy and Planning (MEP), has joined the World Economic Forum’s (WEF) Jobs Consortium, it was announced at the organization’s 2023 Annual Meeting in Davos.    The Jobs Consortium is a coalition of CEOs, IOs, ministers and other leaders with a common aim to promote a better future of work for all by enabling job creation and job transitions. The community of leaders works to boost foresight on labor market trends, support high job quality and fair wages, and identify investments in key sectors leading to good job creation.   The Kingdom’s membership in the Jobs Consortium aligns with Sa ......read more

18, January 2023 – The rapid economic transformation of Saudi Arabia and its global role in bringing near-term stability while driving long-term transformation was the subject of a high-level panel on the third day of the World Economic Forum at Davos.  The session, titled “Saudi Arabia’s Transformation in a Changing Global Context”, featured four speakers from the Kingdom who offered their insights on how Saudi’s strategic investments, geopolitical bridge-building and industrialization are transforming Saudi Arabia into a beacon of economic optimism amid gathering macroeconomic challenges. Her Royal Highness Princess Reema bint Bandar Al Saud, Saudi ......read more

Award-winning US rapper is first music act confirmed for this year’s spectacular event in March   Jeddah, Saudi Arabia (January 18th)– The Saudi Motorsport Company (SMC) – Promoter of the FORMULA 1 STC SAUDI ARABIAN GRAND PRIX 2023 – is thrilled to confirm that multiple Grammy nominated US rapper, Travis Scott, will perform at this year’s event taking place in Jeddah, Saudi Arabia from 17th-19th March 2023.   The concert will take place on the Main Stage of the Jeddah Corniche Circuit, F1®’s longest and fastest street circuit.     With over 40 billion total streams, dozens of gold, platinum, and multiplatinum certificatio ......read more

New interactive exhibits across 29 locations help fans explore the latest Samsung Galaxy innovations and experience firsthand the newest products   Riyadh, Saudi Arabia – January 18, 2023 – Samsung Electronics Co., Ltd., today announced it will open 29 interactive Galaxy Experience Spaces around the world in locations such as San Francisco, London, Paris, Singapore and Dubai, following the February 1 Galaxy Unpacked event. These venues will allow visitors and fans to see and interact with the newly unveiled devices and innovations.     “Introducing innovation is about more than putting another device in customers’ hands,” said Ste ......read more

• Moviegoers can enjoy a specially curated menu across all VOX Cinemas GOLD locations in Riyadh and Jeddah • Menu now available in Riyadh and Jeddah      Riyadh, Saudi Arabia, 18 January 2023: VOX Cinemas, the dedicated cinema arm of Majid Al Futtaim, and Saudi chef Mona Mosly have unveiled a new expanded menu as part of their ongoing collaboration. Moviegoers in Riyadh can look forward to a wider range of Saudi fusion flavours on the specially curated menu, which features more than 20 dishes including Kibbeh Nachos and BBQ Chicken Bao, that have been created exclusively by the female celebrity chef for VOX Cinemas.    In September, the la ......read more

Built with a market-leading 5nm controller and seventh-generation V-NAND, the PM9C1a will enable a new level of everyday PC efficiency, while alsohandling demanding computing and gaming tasks  Jeddah, Saudi Arabia — Jan. 17, 2023 — Samsung Electronics Co., Ltd., the world leader in advanced memory technology, today announced production readiness of a high-performance PCIe 4.0 NVMe SSD, the PM9C1a. Integrated with a new controller based on Samsung’s cutting-edge 5-nanometer (nm) process and the company’s seventh-generation V-NAND technology, the PM9C1a will provide elevated computing and gaming performance in PCs and laptops.   “Our new PM9C1a SS ......read more

• EIF will be capitalized with SAR14 (over $3.7) billion to directly develop more than 35 world class venues across the Kingdom. • The fund will further raise capital by providing lucrative high-return opportunities to the private sector and financial institutions. • EIF is critical to the delivery of the Kingdom’s ambitious event calendar  • The direct GDP impact will be SAR28 (around $7.5) billion by 2045.     Riyadh, January 17, 2023: His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al-Saud, Crown Prince, Prime Minister and Chairman of the Events Investment Fund (EIF), has announced the launch of EIF, a fund that aims ......read more

• 14 stage podiums and seven top-three placings in the overall standings • Electric drive concept of low-emission race car highly efficient • Board member Oliver Hoffmann: “We’ll be back in 2024”   Saudi Arabia – January 17, 2023: Team Audi Sport shaped the 2023 Dakar Rally with innovation and performance right up to the end. The Audi RS Q e-tron, with its electric drive concept, scored a total of 14 podium results on 15 event days, including the prologue. In addition, the Audi drivers led the rally in Saudi Arabia with the prototype for three days for the first time.  Oliver Hoffmann, Board Member for Technical Development at A ......read more

RIYADH - January 17, 2023 — Saudi Food and Drug Authority (SFDA), which is hosting the 26th Global Harmonization Working Party (GHWP) and Technical Committees in Riyadh from February 13 to 16, has invited regulatory authorities, medical devices industries and others interested in medical devices regulation to register for the event. The meeting will be held at the Crowne Plaza Hotel in Riyadh.  The GHWP meeting will discuss regulatory developments in medical devices and technological developments associated with the industry, including the role of artificial intelligence, emerging technologies, medical software and medical biotechnology. The meeting will enhance the harmonizati ......read more

Samsung’s Eye Comfort mode balances light exposure and color temperature and adjusts screen settings to provide an optimal viewing experience for consumers Riyadh, Saudi Arabia– January 17, 2023 – Samsung Electronics Co., Ltd. today announced that its 2023 Neo QLED  and Lifestyle TV  lineups received the ‘Circadian Rhythm Display’ certification from Verband Deutscher Elektrotechniker (VDE), a leading electrical engineering certification institute in Germany. The certification underscores Samsung’s commitment to developing technology and products designed with consumers top of mind.  This certification recognizes that Samsung TV&rsquo ......read more

16, January 2023 – Mohammed bin Salman Foundation, “Misk,” a non-profit established by His Royal Highness Crown Prince Mohammed Bin Salman Bin Abdulaziz, is bringing the Youth Majlis back to the World Economic Forum Annual Meeting in Davos, Switzerland.  One of the only youth-focused pavilions at the Swiss alpine destination, Misk will unite delegates under the theme of Generation Transformation – a mindset that harnesses the unique strengths of all generations to create lasting positive change. The Youth Majlis will provide a platform for forward-looking dialogue, serving as a catalyst to explore collaborative solutions to solve some of the world's mos ......read more

16th January, 2023:  World Rally-Raid Championship leader Sebastien Loeb has quickly set his sights on next month’s Abu Dhabi Desert Challenge after his record-breaking run with Bahrain Raid Xtreme in the Dakar Rally.   Loeb, partnered by Fabian Lurquin, carries a two-point advantage over Nasser Al Attiyah into the second round of the championship in the UAE where he will be looking to build on his historic display in Saudi Arabia in the BRX Prodrive Hunter.   After a succession of early punctures on stage two dropped him to 31st overall, the nine-time World Rally Champion fought back brilliantly, winning a record six Dakar stages in a row, and seven in total ......read more

Sébastien Loeb “We’ve done it again. The goal is to keep the second place until the end and to score important points for the (World Rally-Raid) championship, but now it’s a new record with six victories in a row on the Dakar so I’m very happy.  “That’s seven for us this year. Everything has gone so well for over a week now with very good stages enabling us to get back to second place, but now we need to finish. The dunes today were softer than previous days plus it was 150 kilometres of dunes for the whole route, so there was no chance to rest. It was hot in the car, no fast sections so it was much harder today.” Gus Beteli - BRX Tea ......read more

• Season 9 of the ABB FIA Formula E World Championship begins with victory for the UK’s Jake Dennis in Mexico City • Pascal Wehrlein claims second ahead of Lucas di Grassi in third • First race of the all-new GEN3 race car sees four Porsche-powered cars finish in the top ten • Rounds 2 and 3 of the ABB FIA Formula E World Championship take place in Diriyah, Saudi Arabia, on Friday 27 January and Saturday 28 January   Riyadh, Saudi Arabia  - 16 Jan 2023 - Avalanche Andretti Formula E team driver Jake Dennis produced a dominant drive to win the 2023 Hankook Mexico City E-Prix and the first race for the world’s fastest, lightest, most pow ......read more

- CNN Business Arabic delivers global economic, business and finance news and analysis to millions of Arabic speakers across the globe   Dubai, 15 January 2023: CNN Business Arabic (CNNBA) has officially launched today. The dedicated digital business platform is set to be the go-to source of business and economic news, facts and analysis in Arabic, covering areas of interest to the world’s Arabic speakers. The new media outlet covers a wide range of sectors including sustainability, green investment, cryptocurrency, Web 3.0, real estate, energy, technology and more. CNNBA is available online at CNNBusinessArabic.com and on leading social media platforms.   CNN Bus ......read more

Riyadh, Saudi Arabia, January 14, 2023:   After a back-and-forth battle with 1-1 draw, Real Madrid beat Valencia yesterday on penalties and booked their place in the final of the Spanish Super Cup, at King Fahd International Stadium in Riyadh. A tournament which is brought by Ministry of Sport as part of the sporting events in 2nd Diriyah Season. In front of huge number of football fans, Real Madrid was able to achieve the precious victory. This win earned them a place in the final match that will be held next Sunday 15th January at 10:00pm Riyadh time in the same stadium. Football fans are looking forward to the winner of the second semi-final that will bring together Barcel ......read more

French ace climbs to second overall with seventh stage victory for Prodrive Hunters, as Al Attiyah retains overall lead in Saudi Shaybah, Saudi Arabia: 13th January, 2023:  Sebastien Loeb has earned a vast array of titles in his career, and he now has a new one as master of the Empty Quarter after a fifth straight Dakar Rally stage win for Bahrain Raid Xtreme in Saudi Arabia. Victory on today’s 185km 12th stage, which crossed some of the most spectacular and challenging desert terrain on earth, lifted Loeb and Fabian Lurquin into second place overall in their BRX Prodrive Hunter with two days remaining. As on the first part of the Shaybah Empty Quarter Marathon stage yest ......read more

Quote from Gus Beteli - BRX Team Principal “Seb drove brilliantly today to give us here at Bahrain Raid Xtreme another stage victory to now make six from eleven stages so far. “That’s proof of the hard work that everyone here on the rally, and those back at Prodrive International, have done since the start of this project. We’re now within striking distance of second overall too.” “With Guerlain making second place, it was another good day for BRX, although frustrating for Vaidotas after a strong start to the stage. However, there are sure to be some further twists and turns over the remaining three days before Sunday.” ...read more

The new routes from Budapest, Bucharest and Rome will provide affordable point-to-point travel opportunities and enhance global connectivity  Jeddah, 12 January 2023: On 9, 10 and 11 of January 2023, Wizz Air, Europe’s fastest growing and globally most environmentally sustainable* airline, officially inaugurated three new connections between Bucharest and Jeddah, Budapest and Jeddah and Rome and Jeddah in Saudi Arabia. The new routes will be served twice a week. Tickets can be purchased on Wizz Air's website and via the WIZZ app from as low as 29.99 EUR*. Wizz Air kicked off 2023 further strengthening its presence in Saudi Arabia by launching five new routes from Hungary ......read more

Riyadh, Saudi Arabia - 12, Jan. 2023: Ahead of the first race of Season 9 in the ABB FIA Formula E World Championship this Saturday (14 January) in Mexico City, Formula E has revealed a new set of race winners’ trophies with an iconic design inspired by technology and electrification as part of their new brand identity.  London-based studio Beta Design Office designed and engineered the trophy to coincide with the debut of Formula E’s new GEN3 race car – the fastest, lightest, most powerful and efficient electric race car ever built.   The energy burst-like design of the new trophy is heavily inspired by the power features of the GEN3 – the th ......read more

French star extends stage-winning run for Bahrain Raid Xtreme to close in on second, as Al Attiyah retains overall lead in Saudi 12th January, 2023:  After a fourth successive stage victory for Bahrain Raid Xtreme, Sebastien Loeb aims to extend his winning run as the Dakar Rally continues its dramatic passage through the Empty Quarter in Saudi Arabia tomorrow. Partnered by Fabian Lurquin in his BRX Prodrive Hunter, Loeb’s victory on today’s 247km 11th stage, his fifth in this year’s event and 21st overall, moved him within reach of outright second place with three days remaining. It was another day to underline the power and versatility of the Prodrive Hunters ......read more

• Retail sector forecast to contribute $308 bn (SAR 1.16 trillion) to GCC economy in 2023 • Saudi Arabian retail sector forecast to grow to $159 bn (SAR 596 bn) in 2024 • Regional and global industry leaders to convene in Riyadh 7 - 8 March 2023 • Strategic discussions to focus on ‘Digital Economy and Purposeful Growth’    12, January 2023 – Riyadh, KSA: The Retail Leaders Circle is convening its 9th MENA Summit in Riyadh, as regional consumer habits adapt to historic levels of inflation. The highly anticipated annual event is the foremost strategic platform for the retail industry. It brings together regional and global dec ......read more

At ‘LG World Premiere’, CEO Cho Shares Vision for Innovation Designed to Make Customers’ Lives Better JEDDAH, Jan. 11, 2023 — LG Electronics (LG) held its press conference, LG World Premiere, at the Mandalay Bay Convention Center in Las Vegas, Nevada, USA. Under the theme of Life’s Good, CEO William Cho shared the company’s continuous efforts to create innovation for a better life and ensure a sustainable future for all. Affirming the company’s commitment to take on new challenges despite any uncertainties, Cho opened the show by stressing that LG has known and truly believed that the answer is always with the customer. “The start and ......read more

AlUla Citrus Festival, Fresh Food Market and Flavours of AlUla will all explore the area’s diverse and rich variety of produce   AlUla, Kingdom of Saudi Arabia, January 11, 2022: A unique and immersive culinary journey is on the cards for food lovers in AlUla, thanks to an expanded series of culinary events and activations which will showcase the high-quality, locally grown produce synonymous with the area. As part of this year’s Winter at Tantora schedule, the AlUla Citrus Festival returns for a second year, with local farmers from the area’s 4,700 farms promoting the diverse selection of crops available in the fertile region including oranges, clementines, man ......read more

Tamer Group will be the exclusive distributor of the Celularity branded biomaterial products in Saudi Arabia, opening access to Celularity’s Halal-Certified regenerative biomaterial, health and wellness products    FLORHAM PARK, N.J, RIYADH, JEDDAH – January 11, 2023 – Celularity Inc. (Nasdaq: CELU) (“Celularity”), a U.S.-based biotechnology company developing placental-derived allogenic cell therapies and biomaterial products, and CH Trading Group LLC (“CH Trading Group”), an international import, export and trading company, today announced that they have entered into an exclusive distribution agreement with the Tamer Group (“T ......read more

French star shines again for Bahrain Raid Xtreme while Al Attiyah retains overall lead as rally enters Empty Quarter in Saudi 11,  January 2023: Sebastien Loeb completed a superb hat-trick of stage wins for Bahrain Raid Xtreme today as the Dakar Rally ventured into the Empty Quarter in Saudi Arabia for the first time. Loeb and Fabian Lurquin took their BRX Prodrive Hunter to a third successive victory on the 114km tenth stage from Haradh to Shaybah, with a margin of 3 mins 4 secs from the Audi of Mattias Ekstrom and Emil Bergkvist. Loeb’s 20th Dakar stage success was his fourth so far in this year’s event and the fifth for BRX, coming just 24 hours after an imp ......read more

Riyadh-Saudi Arabia. 11 January 2023 – A high-level delegation from the Kingdom of Saudi Arabia is set to participate in the World Economic Forum (WEF) Annual Meeting 2023 in Davos, Switzerland, to enhance international cooperation and design joint solutions to today’s geopolitical, social, economic, and human development challenges.    Returning to its regular winter format after the first summer Forum was hosted in May 2022 due to the COVID-19 pandemic, this year’s Davos session will run between 16-20 January under the theme of “Cooperation in a Fragmented World”.    Reflecting the Kingdom’s balanced approach to geopolitic ......read more