Tag Archives: Vision 2030

Saudi Arabia is on a path of dramatic economic and social reforms. The reforms, launched by Crown Prince Mohammed bin Salman, are aimed at modernizing the kingdom and are welcomed both nationally and internationally. Abir Abusulayman stands at the forefront of social reforms, in particular women’s right to choose. The …

The Fashion Commission has finalized its strategy to develop the sector, including educational and training programs to prepare graduates for the labor market, providing outlets for the distribution of locally designed products, and building networks between designers and investors. The strategy’s aim is to enhance the national identity of the …

Iran on Thursday welcomed what it called a change of tone from Saudi Arabia and said it hoped they could work together to secure peace, amid moves to ease tensions between the regional rivals. Iran’s foreign ministry spokesman made the statement days after Saudi Arabia’s de facto ruler, Crown Prince …

Abdullah Al-Mudaifer (AAM): Peace and blessings be upon you. Welcome to this very special interview with Crown Prince His Highness Mohammed bin Salman that is being broadcasted on the Saudi Channel and on a number of Arabic channels. Greetings to you, Your Highness. It’s a pleasure to have been given …

Major Chinese investors are in talks to buy a stake in Saudi Aramco 2222.SE, several sources told Reuters on Wednesday, as Saudi Arabia’s state oil firm prepares to sell another slice of its business to international investors. Saudi Arabia was in discussions to sell 1% of Aramco to a leading …

Saudi Arabia’s crown prince said in televised remarks on Tuesday that the kingdom was in discussions to sell 1% of state oil firm Saudi Aramco <2222.SE> to a leading global energy company. Crown Prince Mohammed bin Salman said Aramco, the world’s biggest oil company which listed on the Saudi bourse …

In a wide-ranging TV interview to mark the fifth anniversary of the Saudi Vision 2030 strategy, Crown Prince Mohammed bin Salman has identified increasing home ownership and falling unemployment as two signal achievements, ruled out introduction of income tax and described the current 15 percent value-added tax (VAT) as a …

Saudi Arabia’s flagship tourism project developer, The Red Sea Development Company (TRSDC), has raised a SR14.12 ($3.77 billion) ‘green’ loan from four Saudi banks for 16 new hotels, Chief Executive John Pagano told Reuters on Tuesday. The hotels form part of a new high-end tourism development across islands, deserts and …

Saudi Crown Prince Mohammed bin Salman is set to give a televised interview to Rotana Khaleejiah on Monday. He will appear as a guest on the Liwan Al Mudaifer Show, presented by Saudi host Abdullah Al-Mudaifer who has interviewed several high-profile guests before. Rotana Khaleejiah is part of the Riyadh-based …

Saudi Arabia’s Crown Prince Mohammed bin Salman made a phone call to Chinese President Xi Jinping on Tuesday, Saudi Press Agency reported. During the call, the two leader reviewed the recently announced Saudi Green Initiative and the Middle East Green Initiative to combat environmental challenges in the region. The crown …

Saudi Arabia supports the International Monetary Fund (IMF) proposal to allocate new special drawing rights worth $650 billion to increase reserves, said Finance Minister Mohammed Al-Jadaan, during his participation in The Spring Meetings 2021, Al Arabiya reported. This would support efforts for economic recovery by providing additional liquidity to the …

The Royal Commission for Riyadh City (RCRC) has denied claims it has not paid contractors building the city’s multi-billion dollar metro project. It follows a Bloomberg report published earlier in the week headlined “Saudi Arabia’s Unpaid Tab With Metro Builders Runs Into Billions.” It said that payments had been made …

Saudi Arabia’s Crown Prince Mohammed bin Salman announced the opening of the Sakaka solar power plant on Thursday. The crown prince also said agreements have been signed for seven new solar power projects across the country. The projects as part of a push towards renewable energy under the Kingdom’s Vision …

Saudi Arabia aims to plant 10 billion trees in the coming decades as part of an ambitious campaign unveiled by Crown Prince Mohammed bin Salman on Saturday to reduce carbon emissions and combat pollution and land degradation. The de facto ruler of the world’s top oil exporter said that Saudi …

Egypt is racing to prepare a grandiose new capital city in the desert east of Cairo before the first civil servants move in this summer and ahead of the delayed official opening of President Abdel Fattah al-Sisi’s flagship project. At the heart of the city, workers are putting finishing touches …

In the past decade, the world has witnessed a pressing need for a major transformation from conventional energy sources to renewables starting with planned efforts in limiting the global temperature from rising to 2.0ºC (3.6˚F) for the present century. A number of producer economies have recognized the need to diversify …

Saudi Electricity Company, which runs the Kingdom’s power generation and distribution, has unveiled a far-reaching restructuring of its finances and regulatory set-up to “to provide its services with higher levels of efficiency and reliability.” As part of the shake-up, the government will turn its liabilities from SEC – amounting to …

By Ibrahim Ogaily special to the Levant News Riyadh – The Kingdom of Saudi Arabia launched this week the first Saudi Health Economics and Policy Experts Dialogue. The two-day dialogue falls under the umbrella of the Saudi Scientific Diabetes Society. This initiative is the first of its kind in the field …

The ‘Breathe’ event in Riyadh last week has attracted my attention. This event sought to break the barrier of fear, raise the quality of behaviour, and discover the various capabilities of knowledge and innovation. It also sought to raise the quality of life through exercise, meditation and breathing. By Lina …

Saudi Arabia will host the first ever international media forum next week in Riyadh. The Saudi Journalists Association (SJA), and the official organization the Saudi Media Forum expect to attract over 1000 media professionals from around the globe to attend. By Arthur Blok | The 2-days event in the Saudi …

Today, the Kingdom of Saudi Arabia celebrates its 88th National Day. It marks the day the Kingdom was unified under the founding King Abdul Aziz Bin Abdul Rahman Al Saud in 1932. On this occasion, we also celebrate the progress our great nation has made over the last nine decades …

Saudi Arabia announced plans Thursday to spend billions on building new venues and flying in Western acts, in a total overhaul of its entertainment sector that would been unthinkable not long ago. Long known for its ultra-conservative mores, the kingdom has embarked on a wide-ranging programme of social and economic …