Taif’s rose farms bloom into global fragrance production hub

RIYADH: Taif’s mountainous and famed rose farms have become a major fragrance production hub, producing over 550 million flowers annually and driving an economic engine worth millions. Spanning 270 hectares, some 910 rose farms nurture around 1.14 million bushes across areas like Al-Hada, Al-Shifa, Wadi Muharram, Al-Wahat, and Al-Wahit, the Saudi Press Agency reported. The … Read more

World Bank chooses Saudi Arabia as location for new knowledge hub

Future Hospitality Summit to shine spotlight on Saudi Arabia’s growing tourism industry RIYADH: More than 1,200 investors from across the world will descend on Riyadh at the end of April for what is expected to be the biggest Future Hospitality Summit ever seen in Saudi Arabia. The event – set to be held at Al … Read more

India’s IT hub faces severe water shortages as key supplies run dry 

NEW DELHI: India’s “lottery king,” accused by the authorities of fraud and money laundering, has emerged with his company as the nation’s top political donor under an opaque funding system that has just been partially opened to scrutiny. Santiago Martin’s Future Gaming and Hotel Services spent 13.68 billion Indian rupees ($165 million) between 2019 and … Read more

Bangkok lab leads ‘halal science’ development as Thailand seeks to become industry hub

BANGKOK: For the last two decades, Dr. Winai Dahlan has helmed the development of halal research initiatives in Buddhist-majority Thailand to ensure food safety standards that conform with Islamic laws.  The country’s start in halal science began as an answer to increasing calls by Thai Muslims for scientific testing in halal food development in the late … Read more

Bangkok’s Little Arab Town: A cultural hub but an intellectual property minefield

BANGKOK: In the bustling streets of Bangkok lies a vibrant enclave known as Little Arab Town, where the sights, sounds and flavors of the Arab world converge. Nestled within this cultural hub are a plethora of restaurants offering authentic Arab cuisine, drawing in patrons from across the diaspora. Arabic script adorns storefronts, and the air … Read more

GACA bolsters global aviation hub ambitions at Changi Summit in Singapore

RIYADH: Foreign investment in Saudi Arabia’s financial market has reached SR400 billion ($106.6 billion), comprising 12 percent of tradable shares, revealed a top official.  The Kingdom, relatively late to open its stock market, the Saudi Stock Exchange, also known as Tadawul, to foreign investors, made this significant move in 2015, setting itself apart in the … Read more

MENA region is positioned as key development hub: SAMA governor

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

WDS 2024: A global hub for defense innovation and collaboration

Saudi Arabia in prime position to become global leader in AI regulation, expert says LONDON: Saudi Arabia is well placed to become a global leader in the regulation of artificial intelligence by initiating the discussions that will help craft a consensus on how such rules should operate, an expert on the emerging technology said. Ian Khan, … Read more