Browsing: Business

Riyadh, February 4, 2026, SPA — The Saudi Ports Authority (Mawani) hosted the 23rd annual meeting of the Riyadh Memorandum of Understanding (MoU) on Port State Control, with broad participation from representatives of member states, regional and international maritime organizations, as well as experts and specialists in maritime safety and inspection. The meeting is regarded as a key regional event in maritime navigation safety, aiming to exchange expertise, discuss shared challenges, and review international best practices in maritime inspection, contributing to higher compliance with international conventions, improved port operations,

Jeddah, February 4, 2026, SPA — Islamic Development Bank (IsDB) Group Chairman Dr. Muhammad Al Jasser met yesterday in Jeddah with Djiboutian Minister of Economy and Finance Ilyas Moussa Dawaleh. The meeting focused on strengthening the strategic partnership and initial measures aligned with Djibouti’s national economic and investment development agenda, as well as discussing future cooperation, including preparations for a participation framework with the scheduled countries in 2027. Dr. Al Jasser affirmed IsDB’s commitment to supporting the health sector, urban development, food security, and inclusive and sustainable gro

Riyadh, February 4, 2026, SPA — His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, sent a cable of congratulations to Laura Fernández Delgado on the occasion of her victory in the presidential elections in the Republic of Costa Rica. HRH the Crown Prince expressed his sincere congratulations and best wishes for success to the president, and for the friendly people of the Republic of Costa Rica further progress and advancement.

Riyadh, February 4, 2026, SPA — A panel discussion titled “From Audience to Content Creator” explored the evolving role of audiences in shaping the media landscape. The session was held as part of the fifth Saudi Media Forum in Riyadh, with the participation of leading media experts and industry figures. Speakers emphasized the importance of adapting to rapid digital transformations and developing interactive media strategies that place audiences at the center of content creation. They noted that deeper audience engagement helps strengthen trust and enhance media impact in a landscape increasingly shaped by digital platforms a

Jeddah, February 2, 2026, SPA — The Kingdom of Saudi Arabia received 19.5 million pilgrims and Umrah performers from abroad in 2025, achieving a satisfaction rate exceeding 90% for the services provided, according to the National Center for Performance Measurement of Public Entities (Adaa). The record figures reflect the rapid development of the Kingdom’s services for pilgrims and Umrah performers in line with the targets of Saudi Vision 2030, Adaa said. The Pilgrim Experience Program – one of the programs to actualize Saudi Vision 2030 – stated that these improvements covered both the Hajj and Umrah seasons. The program also

Riyadh, February 2, 2026, SPA — Minister of Industry and Mineral Resources Bandar Alkhorayef met on Sunday at the ministry’s headquarters with German Federal Minister for Economic Affairs and Energy Katherina Reiche to discuss ways to strengthen economic ties and explore investment partnership opportunities in the industrial and mining sectors. Minister Alkhorayef reviewed the objectives of the National Industrial Strategy and the promising investment opportunities it offers across priority industrial sectors, highlighting the transformation and development currently underway in Saudi Arabia’s mining sector, which provides uni

Riyadh, February 02, 2026, SPA — The Royal Commission for AlUla (RCU), in its role as a strategic sponsor, is participating in the fifth edition of the Saudi Media Forum 2026, taking place in Riyadh from 2 to 4 February, under the patronage of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud. This participation comes as part of the RCU’s national role in highlighting AlUla as an integrated cultural, humanitarian, and developmental model, and in supporting the national media narrative in alignment with the objectives of Saudi Vision 2030. The Saudi Media Forum is regarded as a leading national platform for discu

Dumat Al-Jandal, February 01, 2026, SPA — The handicrafts section at the 12th Al-Jouf Dates Festival, held in Dumat Al-Jandal Governorate, attracted visitors with an artistic display that embodied the rich heritage of the past and the beauty of the present, crafted by local artisans. The section features several specialized areas showcasing Sadu weaving, handicrafts inspired by Al-Jouf’s heritage, and paintings and embroidery that celebrate national identity. The festival provides a platform for families working in the cottage industry and artisans, with 40 dedicated booths for displaying and marketing their creative products to

Muscat, February 2, 2026, SPA — The Gulf Cooperation Council Interconnection Authority (GCCIA) announced the commencement of the direct interconnection project between its grid and the Sultanate of Oman’s network, a strategic step reflecting the advancement of Gulf integration in the energy sector and the strengthening of regional infrastructure. CEO of the GCCIA Eng. Ahmed Al-Ebrahim stated that the project is one of the largest expansion initiatives in the GCCIA’s history. He indicated that the project aims to enhance the Gulf grid’s capacity to accommodate the rapidly growing electricity demand, amid the expansion

Saudi Arabia’s hospitality market is forecast to grow from US$27 billion in 2025 to over US$54 billion, driven by Vision 2030, premium hotel development, and evolving inbound travel demand WTM Spotlight in Saudi Arabia will unite the global and regional tourism and hospitality sectors through exhibition, conference, and networking opportunities WTM Spotlight in Saudi Arabia will make its debut from 8 – 10 September at the Riyadh Front Exhibition & Convention Center (RFECC) Riyadh, Saudi Arabia, 2 February 2026: Saudi Arabia’s hospitality market, valued at US$27.14 billion in 2025, is forecast to reach US$54.32 billion a