Browsing: Business

Season-opening race of the UIM E1 World Championship presented by PIF begins takes place in Jeddah, a cornerstone venue since its formation Record 10-team grid lines up for the world’s only all-electric raceboat series, including Saudi Arabia-backed Team AlUla championed by LeBron James Electric racing, sustainability, and education initiatives converge in Jeddah World-class, sustainable sport on display, with tickets available now via webook.com JEDDAH, SAUDI ARABIA (22 January 2026) – The UIM E1 World Championship presented by PIF returns to Jeddah this weekend to launch its 2026 season, as the world’s only all-electri

Riyadh, January 22, 2026, SPA — Vice Minister of Foreign Affairs Waleed Elkhereiji participated Wednesday in a ceremony held in Riyadh to honor partners of success, including supporters, major donors, benefactors, and cooperating entities with the King Salman Humanitarian Aid and Relief Center (KSrelief), in the presence of Advisor to the Royal Court and KSrelief Supervisor-General Dr. Abdullah Al Rabeeah. In his speech, Elkhereiji affirmed the Kingdom’s continued commitment to supporting the needy and affected people across the globe, backing the Ministry of Foreign Affairs and all government entities in the efforts of the Kingdom&

Riyadh, January 21, 2026, SPA — The foreign ministers of the Kingdom of Saudi Arabia, the Republic of Türkiye, the Arab Republic of Egypt, the Hashemite Kingdom of Jordan, the Republic of Indonesia, the Islamic Republic of Pakistan, the State of Qatar, and the United Arab Emirates welcome the invitation extended to their leaders by President Donald J. Trump of the United States of America to join the Board of Peace. The ministers announce their countries’ shared decision to join the Board of Peace. Each country will sign the joining documents according to their respective relevant legal and other necessary procedures, including the

Jeddah, January 22, 2026, SPA – In Islamabad, the Islamic Development Bank (IsDB) signed three financing agreements with the government of Pakistan, with a total value of $603.4 million. The agreements were signed by IsDB Vice President for Operations Dr. Rami Ahmad, in the presence of Federal Minister for Economic Affairs Ahad Khan Cheema and several other officials. The first agreement, valued at $118.4 million, will enable 68,500 households to improve their livelihoods by contributing significantly to job creation and human capital development. The second agreement finances the M6 Motorway project for $475 million, covering 120.8 km

Riyadh, January 22, 2026, SPA — Riyadh Air, Saudi Arabia’s new national carrier, officially entered the global air cargo market with the launch of its new service, “Riyadh Cargo,” activating freight operations through the belly-hold capacity of its aircraft fleet. The move enables the transport of goods efficiently and reliably across international markets, leveraging a fleet of more than 120 widebody aircraft currently on order, the airline said. The launch of Riyadh Cargo reflects a measured, phased approach to building a fully integrated, scalable cargo business operating from its main hub in the Saudi capital.

Davos, January 22, 2026, SPA — On the sidelines of the World Economic Forum 2026 in Davos, Switzerland, a cooperation agreement was signed to enhance the Kingdom’s industrial transformation pathways. The agreement was signed by Minister of Industry and Mineral Resources Bandar Alkhorayef and World Economic Forum President and Chief Executive Officer Borge Brende, with the attendance of Minister of Foreign Affairs and head of the Saudi delegation to the annual meeting Prince Faisal bin Farhan bin Abdullah. The agreement focuses on developing a scalable, structured model for industrial transformation in the Kingdom by building capabil

Beauty lovers are taking a nostalgic scroll down memory lane — and we’re here for it! The viral “2016 vs 2026 makeup” trend has taken over social feeds, spotlighting just how much our beauty routines (and brow philosophies) have evolved over the last decade. At Benefit Cosmetics, we love seeing how makeup trends shift — and how our iconic products continue to adapt to every era, every face, and every vibe. 2016 Makeup: Bold, Sculpted & Unapologetic In 2016, makeup was unapologetically bold. Brows were structured, cheekbones were sculpted, and glow was anything but subtle — and Benefit was right at

Van Cleef & Arpels presents Poetry of Time, a public exhibition exploring the Maison’s poetic interpretation of time through its most emblematic watchmaking creations. Hosted at Bujairi Terrace, Diriyah, Riyadh, the exhibition invites visitors into an immersive environment inspired by Van Cleef & Arpels’ cherished sources of inspiration: love, nature, astronomy, couture, fairies and ballerinas. True to its poetic vision of life, Van Cleef & Arpels instills a distinctive dimension into the art of watchmaking, that of dreams and emotions. At the crossroads of inventiveness and fantasy, the Maison interprets the measurement of

Saudi is rapidly transforming into a global powerhouse for sports. Football is seeing a renaissance in the country, but beneath the dazzling headlines lies a deep, multi-generational passion for the beautiful game. That passion is now being amplified by an unprecedented wave of focus on football locally, nationally, and internationally. The clearest sign of this ambition is Saudi’s successful bid to host the FIFA World Cup 2034. This monumental undertaking involves developing cutting-edge infrastructure, from state-of-the-art stadiums to expansive fan zones and advanced transport networks; all meticulously planned to deliver an unpar

Riyadh, January 21, 2026, SPA — Chairman of the Board of Directors of Riyadh Chamber Abdallah Al-Obeikan received a delegation from the Amman Chamber of Commerce, headed by its chairman, Khalil Mohammad Al-Haj Tawfiq. The reception was also attended by Jordan’s Ambassador to Saudi Arabia Dr. Haitham Abu Al-Foul, as well as Riyadh Chamber board members and prominent business figures. The meeting reviewed ways to enhance trade and investment cooperation between the business sectors of Saudi Arabia and Jordan. Discussions focused on mechanisms to develop bilateral trade and expand economic partnership, with an emphasis on leveraging avai