Browsing: Sector

Riyadh, January 12, 2026, SPA — The in-person bootcamp of the Future Minerals Pioneers Competition concluded in Riyadh from 8 to 10 January 2026, as part of the Global Minerals Innovation Competition. The bootcamp was held under the patronage of Minister of Industry and Mineral Resources, Bandar AlKhorayef, and was organized by the Ministry in collaboration with the National Industrial Development and Logistics Program (NIDLP). The event took place during the Future Minerals Forum and attracted wide international participation. The bootcamp commenced on its first day with an opening led by Vice Minister of Industry and Mineral Resources f

Riyadh, January 12, 2026, SPA — The Saudi Space Agency signed a memorandum of cooperation with the Japanese government on the peaceful use of outer space on the sidelines of the Saudi-Japan Ministerial Investment Forum. The memorandum was signed with Japan’s Cabinet Office, the Ministry of Education, Culture, Sports, Science and Technology, and the Ministry of Economy, Trade and Industry. Minister of Communications and Information Technology and Chairman of the Board of the Saudi Space Agency Abdullah Alswaha represented the agency during the signing. The move underscores the Kingdom’s commitment to enhancing internation

Riyadh, January 13, 2025, SPA — Minister of Industry and Mineral Resources Bandar Alkhorayef, yesterday held a series of high-level bilateral meetings with ministers from several countries participating in the fifth edition of the Future Minerals Forum, in the presence of Vice Minister of Industry and Mineral Resources for Mining Affairs Eng. Khalid Almudaifer. The forum will commence on Tuesday in Riyadh. During his meeting with Minister of Mines and Energy of the Federative Republic of Brazil Alexandre Silveira, Minister AlKhorayef discussed strengthening cooperation between the two countries in the mining and minerals sector, while h

Riyadh, January 07, 2026, SPA — The Kingdom of Saudi Arabia marked a significant milestone in the maritime transport sector in 2025, with its national fleet recording a 32% growth rate compared to 2024. The achievement secures Saudi Arabia the second-highest growth rate globally among Group of Twenty (G20) nations. The rapid growth reflects the continuous development of the Kingdom’s maritime sector, driven by strategic regulatory initiatives, increased investment, modernized legislative frameworks, and the enhanced efficiency of national fleets. The performance marks a substantial leap from the 6.4% growth rate recorded at the b

Riyadh, January 3, 2026, SPA — The Saudi Space Agency (SSA) recorded a series of landmark achievements in the space sector in 2025 through strategic programs, initiatives, and projects that enhanced the Kingdom of Saudi Arabia’s standing in space science and technology, supported research and innovation, and built national capabilities, fully aligned with the objectives of Saudi Vision 2030. Building on the success of the Saudi astronauts’ mission, 11 scientific papers and a patentwere published as outcomes of the “Saudi Towards Space” mission. A first-of-its-kind scientific achievement was achieved by fabricating a nano

Madinah, January 1, 2026, SPA — The Madinah Chamber of Commerce and Industry concluded its first operational camp for the restaurants and cafes sector yesterday. The camp was part of its efforts to develop the hospitality sector and enhance workforce skills. The camp focused on training employees and those interested in the restaurant and cafe sector, improving operational practices, and reinforcing food safety and operational sustainability principles through a specialized three-day training program. The camp concluded with a workshop titled “Restaurant Operations,” which addressed kitchen design and equipment, improving ope

Jeddah, December 04, 2025, SPA — The Cultural Development Fund has announced its sponsorship of the Red Sea Souk during the fifth edition of the Red Sea International Film Festival, held at Culture Square in Historic Jeddah from December 4 to 13. Participating under the theme “Investing in the Future of Filmmaking,” the fund aims to attract local and international investment into Saudi Arabia’s film sector and stimulate the launch and expansion of cinematic projects across the whole film industry value chain. The fund’s participation includes a main pavilion in the Red Sea Souk area from December 6 to 10. The so

Saudi Arabia’s healthcare sector has witnessed a notable humanitarian initiative represented in the signing of a cooperation agreement between King’s College London Hospital – Jeddah and the Hassan Abbas Sharbatly Charity Foundation. The agreement aims to provide comprehensive medical care for patients who are unable to afford treatment, as part of a strategic step that reflects the hospital’s vision to enhance its community role and expand its humanitarian impact by supporting the most vulnerable groups across several advanced medical specialties. This initiative comes as part of a sustainable social responsibility program des

Riyadh, November 21, 2025, SPA — A memorandum of understanding (MoU) was signed to establish a strategic partnership framework between the Real Estate Development Fund (REDF), the Saudi Mortgage Guarantees Services Company (Damanat), the National Housing Company (NHC), and the Industrial and Commercial Bank of China Limited (ICBC) Riyadh branch. The MoU, signed under the patronage of Minister of Municipalities and Housing and REDF Board of Directors Chairman Majed Al-Hogail, aims to develop innovative financing and guarantee mechanisms that enable the real estate development sector to engage in EPC+F contracting with major Chinese contrac

The ministry sent out a circular announcing the Eid Al Etihad holiday, in line with the cabinet’s decision regarding approved official holidays for the government and private sector The post Eid Al Etihad 2025: Private sector holidays announced appeared first on Gulf Business.