RIYADH: Boeing anticipates a demand for 3,000 new aircraft in the Middle East by 2042, signifying the region’s growth in the aviation sector. During a media briefing ahead on Nov. 12, ahead of Dubai Airshow 2023, President of Boeing Brendan Nelson restated the company’s commitment to supporting the industry in Saudi Arabia, the UAE, and neighboring nations. … Read more
RIYADH: The “Riyadh Walkers” initiative was started by Hassan Al-Felo, Saleh Al-Ansar, Abdul Karim Al-Saghir, Mohamed Al-Ruwaili and Nasser Al-Balawi. The group began with walking in King Abdullah Park in Riyadh every Friday at dawn. With the help of their campaigning and through word-of-mouth, 22 groups from various neighborhoods in Riyadh have already joined up, numbering … Read more
JEDDAH: The Royal Institute of Traditional Arts and the Prince’s Foundation School of Traditional Arts have announced the first graduates of their inaugural diploma course, aimed at producing experts that can help protect and revive Jeddah’s cultural heritage. The diploma in Traditional Building Arts & Crafts was completed by 11 students — 10 female and … Read more
CAIRO: Saudi Arabia’s venture capital landscape has profoundly influenced the regional ecosystem, with startups attracting investments from the Kingdom’s speculators. One of these startups is Emirati-based SpiderSilk, which raised $9 million from Aramco’s venture capital arm Wa’ed Ventures with participation from Saudi-based STV and the UAE’s Global Ventures. Founded in 2019 by Rami El-Malak and … Read more
RIYADH: According to the World Tourism Organization, Saudi Arabia was the most visited country by tourists in the Arab world in 2022. Last year, the Kingdom welcomed 18 million tourists, compared to 14.8 million traveling to the UAE. These figures might be at first startling and incredible to imagine for a country that just a … Read more
RIYADH: The 7th edition of the Future Investment Initiative summit is set to unite 5,000 delegates and offer insights from 500 distinguished speakers across a spectrum of critical sectors. To be held under the theme “The New Compass,” the event will be held in Riyadh from Oct. 24 to Oct. 26. The FII Institute is … Read more
SAMARKAND, Uzbekistan: The quaint historic town of Samarkand, Uzbekistan, which was founded in the 7th century BC, sprung into life this week when high-level delegates, ministers and distinguished guests from more than 150 countries came together for the 25th session of the General Assembly of the UN World Tourism Organization. Held between Oct. 16-20, the … Read more
The Lakers’ LeBron James is redefining NBA longevity as he reaches his 21st season EL SEGUNDO, California: LeBron James is already the defining figure of this basketball era with his strength, skills, smarts and relentless will to win. The Los Angeles Lakers superstar now seems determined to redefine how long an elite player can stay … Read more
Riyadh [UAE], October 20 (ANI/WAM): UAE President Sheikh Mohamed bin Zayed Al Nahyan met with Pham Minh Chinh, Prime Minister of the Socialist Republic of Vietnam, on the sidelines of the joint summit between the Gulf Cooperation Council (GCC) and the Association of Southeast Asian Nations (ASEAN), which commenced today in the Kingdom of Saudi … Read more
KARACHI: Pakistan’s currency and stock markets closed weekend trading on a high note, equity analysts and traders said on Friday, amid a prevailing bullish sentiment fueled by a crackdown on dollar smugglers and restrictions on the Afghan transit trade. The KSE100 index, the key stock index of the Pakistan Stock Exchange (PSX), rose above 50,000 … Read more