PIF explores acquisition of Saudia to boost tourism efforts: Bloomberg 

Startup Wrap – Regional venture capital activity flourishes in first week of Ramadan CAIRO: Startups across the Middle East and North Africa experienced a surge in funding, bucking the trend of the typically slower business pace during the holy month.   Contrary to expectations, the region’s venture landscape saw an impressive array of deals, indicating robust … Read more

Saudi Food and Drug Authority explores investment prospects with US healthcare firms 

RIYADH: Global economic volatility alongside emerging technologies has not deterred business confidence among CEOs in the Middle East, a recent report revealed. The CEO Global Insights Study for 2024 by Arthur D. Little, survey almost with 300 CEOs from across the world, and discovered positivity from leaders in the region. The report revealed that 61 percent of CEOs in the Middle East are optimistic about economic growth in … Read more

Doha’s Museum of Islamic Art explores history of Safavid silk in collaboration with Washington institution

Alicia Keys, Pharrell Williams and Martin Garrix shine at Saudi Arabian Grand Prix concert JEDDAH:  The Saudi Arabian Grand Prix, known for its speed, glamour, and adrenaline-pumping Formula One action, is not just a platform for F1 excitement but also a magnet for international performers. The post-race concert on Saturday saw the likes of Alicia … Read more

Riyadh forum explores Saudi-Brazil business, trade ties

RIYADH: Saudi Arabia emerged as a significant player in the startup ecosystem this February, raising $16.3 million, making it the second-highest amount secured by any country across the Middle East and North Africa. According to Wamda’s monthly investments report for the region, the Kingdom secured the funding across seven transactions, marking a 48.18 percent increase from … Read more

Saudi cultural fund explores film industry ties in Berlin

RIYADH: Saudi artist Dr. Sami Almarzoogi’s solo exhibition at L’Art Pur Foundation in Riyadh “Is This a Gold Bar?” demonstrates the benefits of never giving up on your passion. Presented in collaboration with Hafez Gallery, the showcase presents Almarzoogi’s diverse body of work, encompassing paintings, drawings and mixed-media pieces, which delve deep into his exploration … Read more

Saleh Saadi explores Palestine through the eyes of tourists in upcoming series

Nadim Naaman takes the stage as first Arab lead star in ‘The Phantom of The Opera’ at Dubai Opera DUBAI: The moment has finally come for Lebanese-British theater actor Nadim Naaman. For over a decade, he has been associated with the popular musical “The Phantom of The Opera,” initially joining as an ensemble member. The … Read more

India explores tighter maritime ties as Saudi naval chief visits

NEW DELHI: India’s most populous state has stopped paying some 21,000 teachers of subjects including mathematics and science in Muslim religious schools, or madrasas, an official said on Thursday, and they could lose their jobs altogether. The teachers work at madrasas in Uttar Pradesh, ruled by Prime Minister Narendra Modi’s Hindu nationalist party, and the … Read more

Panel explores Saudi IT market opportunities for Bahraini firms

Global technology brand Honor has officially launched the Honor X7b in Saudi Arabia. Featuring a 256 GB storage, long-lasting 6,000 mAh battery, 108 MP superior main camera, and an ultra-bright display, the X7b provides extended battery life and impressive hardware that caters to a variety of needs throughout the day. With its well-rounded features and … Read more

Warner Bros. Discovery, Paramount explores merger: report

NEW YORK: Warner Brothers Discovery shares slid more than 5 percent Wednesday after reports emerged that the media and entertainment giant is exploring a merger with rival Paramount Global. Warner Brothers Discovery chief executive David Zaslav met with Paramount Global boss Bob Bakish for several hours to discuss the possibility of merging the companies, Axios … Read more

World Islamic Finance Dialogues 2023 explores trends and developments

  As curtains closed on the third edition of Noor Riyadh, the Saudi capital bid farewell to a transformative fortnight that showcased the world’s largest light art festival. From Nov. 30 to Dec. 16, the city was aglow with over 120 captivating artworks by more than 100 artists from around the world, all centered around … Read more