LONDON: In July 2018, a senior Iranian official made an announcement that raised eyebrows around the Middle East. The Islamic Republic, said Manouchehr Manteqi, head of the Headquarters for Development of Knowledge-Based Aviation and Aeronautics Technology and Industry, was now capable of producing drones self-sufficiently, without reliance on foreign suppliers or outside technical know-how. International … Read more
LOS ANGELES: Police in Los Angeles have released body-cam footage of an incident in which officers shot and killed a man holding a plastic fork.
PIF’s Tasaru inks 3 deals to propel Saudi Arabia’s mobility sector into future RIYADH: Self-driving taxis may soon be a reality in Saudi Arabia as Tasaru Mobility has secured deals to introduce automated vehicles to the Kingdom. In its first significant international agreement since launching in October, the Public Investment Fund subsidiary has signed three … Read more
RIYADH: Riyadh will witness a surge in the entertainment, leisure and tourism sectors, with Diriyah Co. aiming to break ground on 11 new assets by the end of 2024. In the first step toward this endeavor, the company signed two agreements on the sidelines of the Public Investment Fund’s Private Sector Forum. Speaking to Arab … Read more
RIYADH: The Boulevard World zone is among the largest zones of the fourth Riyadh Season, encompassing a wide range of international entertainment experiences. This year, having expanded by over 40 percent, it makes a comeback with a wintry ambiance, embodying the essence of the ancient Levant and showcasing its rich history through iconic structures. In … Read more
RIYADH: A global promise of net zero will be unmet unless the societal impact on vulnerable nations, access, and affordability is considered, experts said. A panel of ministers, private sector players, and specialists at the World Economic Forum in Davos, Switzerland, sought to address how ambitious sectoral transitions can be aligned with equitable and socially responsible … Read more
Senior Saudi sport official participates in Asian Winter Games 2025 meetings in China RIYADH: Prince Fahd bin Jalawi bin Abdulaziz bin Musaed, vice president of the Saudi Olympic and Paralympic Committee and member of the coordination committee of the Olympic Council of Asia, on Saturday participated in the meetings of the Ninth Asian Winter Games, … Read more
RIYADH: Collaboration between countries in Central Asia, Middle East and Africa is needed to harness critical minerals which is crucial to ensure a smooth energy transition. Speaking at the Future Minerals Forum in Riyadh on Wednesday, Saudi Arabia’s Investment Minister Khalid Al-Falih and Zambia’s Minister of Mines and Minerals Development Paul Kabuswe talked about the … Read more
Qatar’s non-energy private sector shows stability amid consistent demand: report RIYADH: Qatar’s non-energy private sector demonstrated general stability in business conditions in December, as per the latest industry data. According to the Qatar Financial Centre’s Purchasing Managers Index survey, the PMI for December was 49.8, a slight decline from November’s 51.5. However, the annual PMI … Read more
CAIRO: Startups in the Middle East enjoyed a year marked by significant funding and opportunities for growth. The region witnessed an unprecedented surge in startup activities in 2023 with young talent, fresh ideas, and new products receiving adequate support in the form of increased investment and partnership offers. Saudi Arabia led the way with fintech … Read more