Tag: Vision 2030

Saudi granting citizenship to foreign experts

Saudi Arabia approved the granting of citizenship to foreign nationals with specialized skills in a number of professions on Thursday. The royal decree allows certain high-skilled professionals working in specialized areas within the legal, medical, scientific, cultural, sport and technical fields to obtain Saudi citizenship. The move comes in line with Vision 2030, which aims […]

2030 Egypt's target date for gender equality

Egypt is aiming to reach equality between men and women in economic, social and political affairs by 2030, Hala Al-Saeed, Egypt’s minister of planning and economic development, has said. She added that the establishment of equal opportunities units across Egyptian regions will play a major role in the transformation. The units aim to support sustainable […]

Saudi Arabia’s first female tour guide stood at the forefront of social reforms in the kingdom

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 Levant News spoke exclusively with […]

Saudi pushes fashion strategy in middle of Ramadan

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 fashion industry and to serve […]

Iran happy Saudi is finally talking peace

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 Mohammed bin Salman, said his […]

Full transcript of MBS 2030 interview released

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 this opportunity. Crown Prince Mohammed […]

China revealed to be potential buyer of Aramco stock

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 global energy company and could […]

MBS also reveals that Saudi Aramco is up for 1% sale

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 late 2019, could sell […]

Talk of income tax premature, says Saudi Crown Prince in Rotana interview

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 temporary measure. He also revealed […]

Saudi wins $3.2billion 'green' loan for Red Sea tourism project

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 mountains near the country’s west […]

BREAKING NEWS - MBS to give live interview on Rotana

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 Rotana network, which is owned […]

MBS in green talks with President Xi Jinping

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 prince announced the two initiatives […]

Saudi backs IMF global liquidity plans to recover world economy

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 global economic system, he said. […]

Riyadh metro line faces contractor problems, alleges Bloomberg

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 in a timely manner on […]

7 new solar projects opened in Saudi

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 2030. “During the past weeks, […]

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