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Business

Investment Minister Inaugurates Drones Club at Tuwaiq Academy

Riyadh, January 30, 2026, SPA — Minister of Investment Khalid Al-Falih inaugurated yesterday in Riyadh the Drones Club at Tuwaiq Academy, in partnership with the Drone Champions League (DCL), with the aim of developing national capabilities in the field of drones. The launch is part of the Tuwaiq Drones initiative, aimed at providing a structured environment for developing drone skills through training and competition. The event also marked the graduation of FPV drone bootcamp participants and the launch of eight new bootcamps, open for registration at: https://s.tuwaiq.edu.sa/dOCar The club offers training spaces, professional prog

Business

Saudi Arabia, World Economic Forum to Accelerate Industrial Transformation

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