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31 - 40 from 3224 . In "Opinion"
Asim Abdulfattah.
Order vs. Morality: Lessons from New York’s 1977 Blackout
In July 1977, New York City was plunged into complete darkness due to a citywide power outage that lasted 25 hours, caused by a severe thunderstorm. This unexpected event sparked a wave of crime, looting, and vandalism, resulting in millions of dollars in damages. The blackout and its aftermath raised important questions about human ethics and the nature of order: in the absence of laws and authority, would people follow their moral compass, or would they give in to primal instincts, leading to chaos?Filmmaker Christopher Nolan explored these themes in his well-known movie “The Dark Knight.” He depicted the conflict between order and morality through the “Prisoner’s Dilemma,” which comes from game theory. In this scene, the Joker, as a symbol of chaos, creates panic and forces...
November 14, 2024

Order vs. Morality: Lessons from New York’s 1977 Blackout

Firas Trabulsi.
Riyadh: The hub of wisdom and the pillar of solidarity
Amidst the challenges facing the Islamic and Arab world, the Kingdom of Saudi Arabia renews its leadership role by hosting the Arab-Islamic Summit in Riyadh.This summit comes at a critical time, as political and security crises escalate across the region, making the need for solidarity and joint action more urgent than ever.Under the leadership of Custodian of the Two Holy Mosques King Salman bin Abdulaziz and Crown Prince Mohammed bin Salman, the Kingdom has proven itself a cornerstone in the pursuit of regional stability and conflict resolution.Saudi Arabia’s tireless efforts in fostering dialogue and hosting political negotiations reflect a strategic vision aimed at promoting peace and stability, not only within its borders but throughout the Arab and Islamic worlds.Saudi Arabia has...
November 12, 2024

Riyadh: The hub of wisdom and the pillar of solidarity

What's in it for FinTech startups in events like Biban24
Most FinTech startups, especially in their early stages, focus on developing their products, with a significant portion seeking incubation or acceleration through programs like MISK Accelerator, 500 Global Accelerator, and Code Centre Incubator and Accelerator.Participating in public events can grant FinTech startups broader exposure to financing, education, mentoring, counseling, and numerous other beneficial opportunities that are all accessible in one place from various stakeholders. Active participation is crucial to a startup's success, from strategic planning to maximizing event attendance and arranging meetings with potential investors, mentors, and advisors.Public events provide an optimal platform for startups to share their stories, primarily because large-scale events...
November 01, 2024

What's in it for FinTech startups in events like Biban24

Saudi Arabia: A global investment magnet
Driven by its visionary Vision 2030 project, strategic location, and attempts to diversify its economy beyond of oil reliance, Saudi Arabia is rising as a top destination for international investment. The Kingdom is actively promoting itself as a worldwide investment center with major reforms meant to open industries including healthcare, technology, renewable energy, and infrastructure. For foreign businesses, this change presents an abundance of possibilities; Saudi Arabia is therefore becoming more and more appealing to long-term investors.Saudi Arabia's investment appeal stems mostly from the government's dedication to economic diversification. Under the direction of Crown Prince Mohammed bin Salman, Vision 2030 emphasizes on building new industries and lessening dependency on...
October 31, 2024

Saudi Arabia: A global investment magnet

Sindalah Island: A symbol of Saudi Arabia’s future
Just five kilometers off the coast of NEOM in northwest Saudi Arabia, the luxurious marine tourism destination of Sindalah Island has officially opened on the Red Sea.For those unfamiliar, Sindalah was first announced by Crown Prince Mohammed bin Salman in December 2022 as part of NEOM's ambitious development plans.Now, with its October 2024 opening, Sindalah stands as NEOM’s first destination to welcome visitors — an achievement made in under two years.While the world anticipates the full, magical experience Sindalah promises, Saudis, inspired by their nation's vision, proudly rally around the project.With the guidance of Crown Prince Mohammed bin Salman, the Kingdom is betting on an extraordinary project that represents a milestone in Saudi Arabia’s path toward economic...
October 28, 2024

Sindalah Island: A symbol of Saudi Arabia’s future

Sindalah: A dream realized
By Firas Trabulsi As the opening of the Sindalah project draws near, we are witnessing yet another success story added to the development achievements of Saudi Arabia. Sindalah was not merely an idea; it was a bold dream brought to life by dedicated Saudi hands, transforming it into a tangible reality that embodies the spirit of Vision 2030.Located in the heart of the Red Sea, the Sindalah project represents a new concept of integrated luxury. It is not just a tourist destination but a platform for innovation and development, blending local cultural heritage with modern touches. Sindalah stands as one of the leading tourism projects aimed at enhancing the Kingdom’s position as a global destination for luxury tourism, offering a unique experience that caters to diverse tastes.The true...
October 22, 2024

Sindalah: A dream realized

First Gulf-European Summit a major headway in strengthening ties to tackle global challenges
The first-ever Gulf-European Summit was concluded in Brussels on October 16 with disseminating a powerful message of unity. Leaders from both sides left the Belgium capital with a renewed commitment to deepening their collaboration in politics, security, and economics. Since the signing of the Cooperation Agreement of 1988, there has been an evolution of much enhanced Gulf-European relations and the summit has solidified the Strategic Partnership that was forged in 2022, reflecting their shared dedication to tackling pressing regional and global challenges.The Gulf and European leaders discussed a range of urgent issues, including the escalating turmoil in Gaza, Lebanon, and the Red Sea, along with fears of further conflict. Their talks underscored the importance of working hand in hand to...
October 19, 2024

First Gulf-European Summit a major headway in strengthening ties to tackle global challenges

Nurturing Fintech innovation: The impact of incubators, accelerators, and government programs / Grants
FinTech startups, especially in the early stages of ideation, prototyping, MVP development, or even product-market fit, often need financial injections, mentoring, guidance, coworking spaces, incubation, and acceleration. Without these initiatives, it would be difficult to develop innovative solutions for the financial services industry. The role and impact of government programs and grants are immense. This article will explore the various programs and grants in KSA (Kingdom of Saudi Arabia) that help FinTech startups succeed and grow.The National Technology Development Program (NTDP) by MICT has more than 20 initiatives for startups in different stages. For the purpose of this article, we'll focus on the initiatives for early-stage startups. MVPLAP is a good start if a startup has an...
October 15, 2024

Nurturing Fintech innovation: The impact of incubators, accelerators, and government programs / Grants

Ten bright years of King Salman's leadership
A few days ago, we joyfully marked a momentous occasion cherished by all Saudis: the anniversary of King Salman bin Abdulaziz’s ascension to the throne. We pray to Allah, the Almighty, to grant him health, well-being, and long life, and to bless him with wise and righteous advisors and leaders who will support him in serving the religion and the nation —foremost among them, his honorable sons and Crown Prince Mohammed bin Salman.For decades, people across all regions of the Kingdom wished for Salman bin Abdulaziz to be their leader. His reputation for decisiveness, transparency, justice, security, development, strong leadership, and wisdom made him a figure to look up to. Under his leadership, there has been unwavering support for the youth, the enforcement of law, and equal treatment...
October 11, 2024

Ten bright years of King Salman's leadership

Family business governance
Family businesses are the backbone of the Saudi Arabian economy. Given their significance, it is essential to ensure the sustainability of these businesses for future generations. Studies have shown that most family businesses do not survive beyond the first or second generation, primarily due to the absence of governance systems that ensure business continuity and transparency. This underscores the need for establishing strong governance frameworks for family businesses. Corporate governance is defined as a set of procedures and policies that ensure clear communication between partners, boards of directors, and management, guaranteeing transparency, business continuity, and effective risk management. Proper governance benefits family members by enhancing profitability and ensuring the...
October 09, 2024

Family business governance

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