MUST-READS

• The growing role of women in KSA construction

  Seymour said: "Across the world the participation of women in construction is little over 10%, which isn't that great. But, in the Middle East it is growing." Speaking about how women can be involved in the industry, he added: "Design gives us a better opportunity to involve female workers in the process of construction. Indicating a need for the success stories to be highlighted, Kerur noted: "The industry doesn't have enough role models or women in senior positions to inspire other women to participate in the industry.

• Public mergers and acquisitions in Saudi Arabia: overview

  The public M&A market in Saudi Arabia remains relatively undeveloped and there has only been one public deal (Almarai's acquisition of Hail Agriculture Development Company) (Almarai transaction) since the Merger and Acquisition Regulations (M&A Regulations) were issued under Resolution No. 1-50-2007 dated 3 October 2007 (as amended).

• British Council’s report on Saudi film industry highlights challenges

  In-depth research by the British Council in Saudi Arabia assessing the film industry landscape emphasized the Kingdom’s potential for more films to be made by Saudis, in Saudi Arabia, about the Kingdom. The Saudi Film Skills report launched on Thursday is the first report of its kind, coming only two years after the Saudi government lifted a 35-year ban on the film industry in the country.

• Fintech Saudi, Flat6Labs launch fintech accelerator programme

  To take part in the programme, the startups must have developed innovative fintech solutions that display a clear interest in the Saudi market and have the ability to make a difference in the sector. Participating fintech startups should also be registered as private companies, have validated business models with existing users, and generated income over the past three months. Interested parties can apply to be a part of the programme through Fintech Saudi’s website until the 22nd October, 2020.

• Saudi Arabia ranks high in study of Covid-19 measures globally

  Forbes magazine last month reported on the 100 safest countries in the world in terms of the coronavirus disease (COVID-19). Saudi Arabia ranked 13th, with the only Arab country to rank higher being the UAE in ninth place. The rankings, by the Deep Knowledge Group, are not only based on how many COVID-19 infections or deaths there have been in each country. Rather, it is a complex series of assessments on multiple medical, economic and political factors.

• Saudi earns $1.6bn in domestic tourism spend

  Saudi Summer, the Kingdom’s largest ever domestic leisure tourism campaign, launched by the Saudi Tourism Authority (STA), has published visitor and spending statistics for the first half of the campaign, revealing a highly successful first phase. In the seven weeks since the campaign launch on June 25, overall tourism spending has amounted to around SAR6 billion ($1.6 billion) – an increase of 26 per cent over the same period last year.

• Saudi Arabia’s King Salman awards top honour to blood, organ donors

  The Saudi Press Agency (Spa) reported late on Thursday that a total of 13 citizens had been given the King Abdulaziz Merit Medal of the Second Class for donating their blood for 50 times, while 213 citizens received the King Abdulaziz Medal of the Third Class for donating their blood for 10 times.

• Saudi Ministry of Industry and Mineral Resources launches mining reserves, complexes and mining licenses service

  The minister of industry and mineral resources, Bandar bin Ibrahim Alkhorayef, launched a service on Thursday giving people access to the Taadin (mining) electronic platform that will include all electronically submitted applications for licenses, the registry of all licenses issued by the platform and their procedures, and the registry of mining complexes and mining reserves.

• Arts and culture in Saudi Arabia: the impact of Covid-19

  Ithra is a major investment. It is not just a building. It is a continuous collection of programmes designed to fuel creativity, inspiration and a passion for lifelong learning. Educational workshops are side by side with culinary experiences, film screenings, museums and performance art. By offering this rich cultural mix, Ithra provides Saudi Arabia with a vigorous source of potential, equipping citizens with knowledge and stimulating curiosity.

  • Arab News - British Council’s report on Saudi film industry highlights challenges
• Kuwaiti opposition hopes new emir permits political “detente”

  Kuwaiti opposition figures proposed electoral reforms and a pardon for dissidents in recent meetings with the prince who has since become the new emir, they said, seeking to improve stormy ties with the government that have sometimes flared into unrest.

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