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  • Saudi Games 2024 Torch Arrives in NEOM

    The torch for the third edition of the Saudi Games 2024 arrived in NEOM on Tuesday, as part of its promotional tour for the largest national sports event in the Kingdom. The event will be held in Riyadh from October 3 to October 17.

  • Saudi’s new Investment Law promises FDI level playing field

    On August 11, the country announced the new regime which will replace the existing Foreign Investment Law from next year, unifying local and foreign firms under a single investment rulebook for the first time. It is the latest in a string of legislative changes designed to lift transparency and closer align business law in the Middle East’s biggest economy to international standards.

  • Saudi Aramco says will launch first branded gas station in Pakistan by year end

    Saudi oil giant Aramco said on Wednesday it would launch its first branded retail gas station in Pakistan by the end of the year, having already completed the acquisition of a 40 percent stake in Gas & Oil Pakistan Ltd. (GO) in May. Aramco is a global integrated energy and chemicals company that produces approximately one in every eight barrels of the world’s oil supply. GO, one of Pakistan’s largest retail and storage companies, is involved in the procurement, storage, sale and marketing of petroleum products and lubricants.

  • Travelex looks at expansion into Saudi Arabia amid kingdom’s $800bn tourism push

    Travelex, the UK-based foreign exchange company, is exploring opportunities for its entry into Saudi Arabia as the kingdom aims to invest $800 billion to develop its tourism sector, attract international visitors and diversify its economy away from oil revenue. The global travel money services business is currently in discussions to enter the lucrative market and is considering airports across the country as part of wider plans to expand into high-growth markets in the Middle East and Asia, Richard Wazacz, chief executive of Travelex, told The National.

  • Netanyahu’s Other War

    “Judicial reform is not on the agenda,” Prime Minister Benjamin Netanyahu declared at a press conference on October 28, referring to his government’s program to eviscerate the supreme court and give the executive unconstrained power. Major  protest organizations that had risen to fight Netanyahu’s power grab switched their  mission overnight to philanthropy—helping bereaved families and displaced residents of border towns. Amid sirens warning of incoming rockets from Gaza, arguments over judicial review could obviously wait.

  • Rory McIlroy Says New York City Meeting Between PGA Tour, Saudi PIF Is ‘Peculiar Timing’

    Rory McIlroy expressed surprise Wednesday at the timing of meetings taking place between the leaders of golf’s divided factions, but said the reason behind a December exhibition between players on both sides was to try and show the world the possibilities going forward. Speaking ahead of the DP World Tour’s Irish Open at Royal County Down, McIlroy discussed the match he disclosed last week that would see him and Scottie Scheffler of the PGA Tour play against LIV Golf’s Bryson DeChambeau and Brooks Koepka.

  • After Netflix debut, banned Indian film sparks furor on Saudi social media

    An Indian film depicting the true story of a migrant worker caught in miserable conditions in Saudi Arabia is sparking an uproar in Gulf Arab states. Critics say the production tarnishes the Kingdom’s image, while others see a stark portrayal of rights abuses that migrant workers allegedly face. The controversy comes as Riyadh moves to rebrand itself under its ambitious Vision 2030 economic diversification agenda.

  • UN chief says lack of accountability on UN staff killings in Gaza ‘unacceptable’

    A lack of accountability for the killing of United Nations staff and humanitarian aid workers in the Gaza Strip is "totally unacceptable," U.N. Secretary-General Antonio Guterres told Reuters in a wide-ranging interview on Wednesday.

  • Top Arabic chatbot title claimed by Saudi Arabia’s updated Allam

    Saudi Arabia’s Arabic language artificial intelligence (AI) chat model, Allam, is now the largest Arabic-language chatbot in the world and will be available on prominent platforms by Microsoft and IBM, officials announced this week.  Allam is a “large language model”, or LLM, that was first launched by a subsidiary of the Saudi Data and Artificial Intelligence Authority (SDAIA) in 2023. Now the SDAIA is about to roll out its most advanced versions.

  • Saudi Arabia targets 12% GDP contribution from AI by 2030

    Saudi Arabia aims to have artificial intelligence (AI) contribute 12% of its GDP by 2030, with the sector projected to grow at a compound annual growth rate (CAGR) of 29%. According to the Saudi Data and AI Authority (SDAIA) State of AI report, the Public Investment Fund (PIF) will spearhead the development of a robust AI ecosystem in the kingdom.