CAIRO: Saudi startups continue to demonstrate a pioneering stance by capturing almost half of the region’s total venture funding in the first quarter of the year, underscoring the Kingdom’s growing influence in the regional startup ecosystem. In a notable achievement, Saudi ventures secured $224 million out of the $429 million raised across the Middle … Read more
RIYADH: A new premium residency visa has spurred home-ownership demand among Saudi-based expats, with 77 percent now looking to buy a property, a survey has revealed. Global property consultancy Knight Frank surveyed 241 expatriates in Saudi Arabia, and discovered the primary motivation for real estate purchasing in the Kingdom, especially among millennials, is its perceived status … Read more
RIYADH: There is an abiding enthusiasm for cricket in Saudi Arabia especially among expatriates from Asian nations already familiar with the game. Relatively new tournaments that have helped boost this enthusiasm include the Indian Premier League, the Pakistan Super League and the Bangladesh Premier League. Fans love watching the game with family and friends at … Read more
RIYADH: The total number of employees in Saudi Arabia’s private sector reached 11.1 million in February, up 0.9 percent from the previous month, according to newly released figures. The Saudi National Labor Observatory report revealed that out of the total, 2.3 million were Saudi nationals while 8.8 million were residents of the Kingdom belonging … Read more
In the helter-skelter world of international franchise cricket, now is peak time. Betway SA20’s (South Africa’s Twenty20 cricket league) final was played in front of a full house at Newlands, Cape Town, on Feb. 10. A week later, the final of DP World ILT20 2024 attracted a packed house to the 25,000 capacity Dubai International … Read more
Saudi Arabia advances sustainable investments with renewable energy goals, says minister RIYADH: Saudi Arabia presents investors with enhanced clarity, reduced risks, and lucrative opportunities, shaping a dynamic investment landscape in the Kingdom, according to a senior minister. Speaking in a panel discussion at the Future Minerals Forum, Saudi Minister of Economy and Planning Faisal Al-Ibrahim … Read more