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  • Saudi Civil Defense warns of thunderstorms until Friday

    The General Directorate of Civil Defense has issued a warning that there will be thunderstorms in several regions of Saudi Arabia until Friday. The Makkah region is expected to experience moderate to heavy rainfall, accompanied by flash floods, hail and strong winds, the Saudi Press Agency reported on Monday. Taif, Maysan, Adham and Al-Ardiyat are particularly at risk, while Turabah may have light rainfall.

  • Saudi Arabia to appoint private operators to manage 4 airports soon, says Al-Falih

    “The government is moving away from direct business involvement. Empowering and enabling the private sector is essential,” Al-Falih stated. He highlighted that the Madinah airport, the Kingdom’s most efficient, is managed by a private operator under a long-term concession, while King Abdullah Port, built with no government capital expenditure, is also privately operated.

  • Saudi Arabia to invest $267bn in logistics to become global hub by 2030: minister

    Speaking at the inaugural Global Logistics Forum 2024, which began on Oct. 13 in Riyadh, Saudi Minister of Transport and Logistics Services Saleh bin Nasser Al-Jasser said SR200 billion of the total amount has already been deployed.  “These investments have translated into leapfrogs in the Saudi logistics sector, leading us to rise in global rankings, jumping 17 ranks in the Logistics Performance Index issued by the World Bank and 14 places in the Global Connectivity Index of the International Air Transport Association,” he said.

  • Saudi Arabia Participates in G7 Ministerial Meeting in Italy on Global Health Issues

    The Kingdom of Saudi Arabia has participated in the G7 Health Ministers' Meeting held in Ancona, Italy, following an invitation from the Group of Seven (G7). The meeting focused on several pressing global health issues, including antimicrobial resistance (AMR), the impact of climate change on health, and efforts to prolong human life, all aimed at strengthening international collaboration to tackle these critical challenges.

  • Foreign investors eye Saudi transport, logistics sector: Al-Falih

    He emphasized the sector’s importance due to its influence on other industries like manufacturing, agriculture, travel, tourism, and IT. Investors, especially those with large capital, are particularly keen on the transport and logistics sector. The Saudi government is stepping back from business operations, Al-Falih pointed out, highlighting the necessity of transferring sectors to the private sector. The most efficient airports and ports are run by private operators. The privatization process, including four airports, will continue in the coming months, the minister concluded

  • Saudi Arabia Reveals New Plans For Budget Tourism Development

    The 1,800-kilometer Saudi Red Sea coast is split into three areas by authorities: the north side for luxury; the center for culture and entertainment at a variety of prices; and the south for mid-market and budget choices. But most of the attention has been on luxury mega projects in the north – the center and south haven’t announced much large-scale development. A new report from the Ministry of Investment and the Saudi Red Sea Authority (SRSA) reveals new details about tourism development for mid-market and budget stays.

  • Saudi air freight sector sees 53% growth in 2024: GACA President

    President of the General Authority of Civil Aviation (GACA) Abdulaziz Al-Duailej stressed that the Kingdom witnessed a 53% surge in the air freight sector during 2024, compared to 2023, Saudi Press Agency reported. He also noted that the Kingdom's airports are on track to exceed one million tons of air freight for the first time, with expectations to reach 1.2 million tons by the end of 2024.

  • ADES says Saudi Aramco renews two onshore rigs for 10 years

    The $252 million renewals are for rigs ADES 13 and ADES 14, and the contract extension will "commence immediately upon expiry of the rigs' current firm tenor," the company said. The two rigs have been operating in Saudi Arabia since 2019, the company said in a statement. ADES has recently struck deals in Southeast Asia and Kuwait. In Southeast Asia, ADES acquired two jackup rigs worth $190 million from Vantage Drilling International, marking the Saudi energy service company's entrance into the Malaysia-Thailand joint development area, the company said Sept. 9.

  • Saudi Arabia hosts Regional Trade Policy Course for Middle East participants

    Saudi Arabia, represented by the General Authority of Foreign Trade, is hosting the Regional Trade Policy Course for Middle Eastern countries. Organised in collaboration with the World Trade Organization and King Saud University, the course will run from October 13 to December 5. The eight-week course is designed for government officials from Middle Eastern countries to exchange information, expertise, and enhance communication. It focuses on deepening participants' understanding of the economic and legal aspects of World Trade Organization rules, controls, and procedures.

  • Saudi Arabian film sector can lead on innovation, says agent David Unger

    Speaking at a panel entitled ‘The Growth of International Content and Potential Investment Opportunities’ which took place during the second edition of Saudi Film Confex in Riyadh (October 9-12), Ungar described the energy of Saudi creatives as “like nothing I’ve seen anywhere in the world." “Hollywood has made films the same way for over 100 years, but digital technology has changed those rules,” he said. “That is what is exciting about a country like Saudi Arabia, because it has the support and enthusiasm of the government but it is not beholden by the old systems. It’s going to be AI first, mobile first, all of that innovation is going to come from here.”