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UAE firm eyes huge opportunities in Saudi mobility sector

CAIRO: Saudi Arabia’s mobility sector is set to benefit from the collaboration of the Public Investment Fund-backed iot squared and UAE-based AHOY Technology as the former will obtain software licensing and resale rights of IT products offered by the latter. The partnership aims to launch AHOY’s comprehensive suite of products and services including technology infrastructure,
Ar Riya Saudi Arabia Al Qahirah Jamil Shinawi Movement Studio Public Investment Fund Backed

Tunisia loan: 'Pragmatic' IMF approach urged by Italy

HIROSHIMA: Italy’s Prime Minister Giorgia Meloni on Saturday said the International Monetary Fund should take a “pragmatic” approach to a bailout for Tunisia, in comments to other G7 leaders in Japan. The North African country reached a deal in principle with the IMF in October for nearly $2 billion to shore up its troubled economy, but discussions have since stalled. Meloni,
Joe Biden Kristalina Georgieva Kais Saied International Monetary Fund European Commission Prime Minister Giorgia Meloni

Abdul Latif Jameel helps 600m defeat poverty in 20 years

The Abdul Latif Jameel Poverty Action Lab or J-PAL has impacted the lives of more than 600 million people since its establishment in 2003. Launched at the Massachusetts Institute of Technology with foundational support from Community Jameel, J-PAL works to reduce poverty by ensuring that policy is informed by scientific evidence through research, policy outreach and training.
Ministry Of Planning Al Qahirah France General Upper Egypt Egypt General Abhijit Banerjee

Foreign investors keen on entering Saudi market, says minister

RIYADH: As the Kingdom’s economy is performing exceptionally well, Minister of Industry and Mineral Resources Bandar Alkhorayef, said foreign investors are keen on entering the Saudi market. He was speaking at a meeting with members of the National Industrial Committee at the ministry’s headquarters in Riyadh on Sunday. “There is a great interest from foreign investors to
Saudi Arabia Ar Riya Bandar Alkhorayef World Economic Forum In Davos National Industrial Committee Mineral Resources Bandar Alkhorayef

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Saudi astronauts scheduled for Sunday launch to Space Station

Saudi Arabia is set to make history as its first female astronaut, Rayyanah Barnawi, and her colleague Ali al-Qarni prepare for their journey to the International Space Station (ISS) on Sunday. The duo will join the Axiom Space 2 mission, scheduled to launch at 5:37 p.m. (EDT time), according to NASA. Astronaut Peggy Whitson and business pioneer and pilot John Shoffner will
Saudi Arabia Ali Al Qarni John Shoffner Peggy Whitson Rayyanah Barnawi Saudi Space Commission

Hundreds of thousands of Indonesian pilgrims ready to depart for Hajj

JAKARTA: Indonesia is ready to send hundreds of thousands of pilgrims to Makkah for the upcoming Hajj pilgrimage, an official from the Ministry of Religious Affairs told Arab News, with the first batch set to leave for Saudi Arabia next week. The Hajj quota for the world’s largest Muslim-majority nation returned to its pre-pandemic figures in 2023. Saudi Arabia initially
Saudi Arabia Jakarta Raya Arsad Hidayat King Salman Ministry Of Religious Affairs Soekarno Hatta International Airport

Warring factions in Sudan agree to temporary cease-fire, say US-Saudi mediators

WASHINGTON: Sudan’s warring factions have agreed to a new short-term cease-fire, US and Saudi mediators announced on Saturday, after several previous attempts to broker a truce that holds have failed. Meeting in the Saudi port city of Jeddah, the Sudanese army and the Rapid Support Forces signed off on a seven-day cease-fire that is due to take effect on Monday 9:45 p.m. local
United States Saudi Arabia Coordination Committee Rapid Support Rapid Support Forces Al Ahsa

Naomi Campbell joins Saudi film fest CEO on the red carpet at Cannes

DUBAI: Celebrities turned out in droves to walk the red carpet at the premiere of Martin Scorsese’s much-anticipated “Killers of the Flower Moon” at the ongoing Cannes Film Festival — and two looks stood out. American actress and singer Sofia Carson showed off a scarlet Elie Saab look while supermodel Naomi Campbell donned a dramatic red gown as she walked the carpet arm in
United States Saudi Arabia United Arab Emirates David Grann Naomi Campbell Lily Gladstone

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