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Crown Prince and Prime Minister Mohammed bin Salman holds talks with FIFA President Gianni Infantino in Riyadh on Tuesday.
Crown Prince discusses sports cooperation with FIFA President
Saudi Gazette reportRIYADH — Saudi Crown Prince and Prime Minister Mohammed bin Salman met with the Fédération Internationale de Football Association (FIFA) President Gianni Infantino in Riyadh on Tuesday. During the meeting, they reviewed areas of sports cooperation between Saudi Arabia and FIFA and discussed promising opportunities for sports development. Minister of Sports Prince Abdulaziz bin Turki bin Faisal, Minister of Commerce Dr. Majed Al-Qasabi, Governor of the Public Investment Fund Yasser Al-Rumayyan, Advisor at the Royal Court Abdulaziz Tarabzouni, and President of the Saudi Arabian Football Federation Yasser Al-Misehal attended the meeting.
October 29, 2025

Crown Prince discusses sports cooperation with FIFA President

Saudi Minister of Interior Prince Abdulaziz bin Saud bin Naif holds talks with Syrian President Ahmed al-Sharaa in Riyadh on Tuesday.
Ministers of interior and foreign meet Syrian president in Riyadh
Saudi Gazette reportRIYADH — Saudi Minister of Interior Prince Abdulaziz bin Saud bin Naif met with Syrian President Ahmed al-Sharaa in Riyadh on Tuesday.Prince Abdulaziz bin Saud affirmed that the meeting was held upon the directives of Crown Prince and Prime Minister Mohammed bin Salman. This directive stemmed from the Crown Prince’s keen interest in enhancing cooperation and joint coordination between the Kingdom and Syria in various fields, with a particular emphasis on security-related matters.During the meeting, the two sides reviewed relations between the two countries and discussed specific aspects of cooperation in the security field, along with a number of other topics of common interest. Al-Sharaa also received Minister of Foreign Affairs Prince Faisal bin Farhan and...
October 29, 2025

Ministers of interior and foreign meet Syrian president in Riyadh

Snapchat CEO Evan Spiegel attending the 9th edition of the Future Investment Initiative (FII9) in Riyadh on Tuesday.
Snapchat reaches 26 million users in Saudi Arabia, says CEO Evan Spiegel at FII9
Saudi Gazette reportRIYADH — Snapchat CEO Evan Spiegel revealed that the application has now reached 26 million users in Saudi Arabia, underscoring the Kingdom’s growing influence in the global social media landscape. Speaking at the 9th edition of the Future Investment Initiative (FII9) in Riyadh on Tuesday, Spiegel described the Saudi capital as a place he “loves” and called it his “second home.” “It’s so great to be here in Riyadh, a place that I love, where our community in Saudi Arabia has grown to 26 million people in a country of about 33 million,” Spiegel said. “Social media has changed dramatically. When I started, it was all about uploading photos on the desktop internet for people to like and comment on. Social media today on the smartphone is totally...
October 28, 2025

Snapchat reaches 26 million users in Saudi Arabia, says CEO Evan Spiegel at FII9

Finance ministers of United Kingdom, Qatar and Turkiye attend a panel discussion at the 9th Future Investment Initiative (FII9) conference in Riyadh on Tuesday.
Finance ministers emphasize need to diversify supply chains and invest in technologies
Saudi Gazette reportRIYADH — Finance ministers from a number of countries emphasized that the world needs to diversify supply chains, achieve greater energy self-sufficiency, invest in data centers, technology, and artificial intelligence. Attending a panel discussion at the 9th Future Investment Initiative (FII9) conference in Riyadh on Tuesday, they also called for conducting more joint trade between allied and friendly countries. The dialogue session, titled "Sovereignty vs. Globalization," was attended by Qatari Finance Minister Ali bin Ahmed Al Kuwari, UK Chancellor of the Exchequer Rachel Reeves, and Turkish Finance Minister Mehmet Simsek. They emphasized the importance of forging international partnerships, investments, and technological security. The ministers highlighted the...
October 28, 2025

Finance ministers emphasize need to diversify supply chains and invest in technologies

Saudi Minister of Energy Prince Abdulaziz bin Salman addressing the 9th Future Investment Initiative (FII9) in Riyadh on Tuesday.
Saudi Arabia to enter global battery sector in 2026, says energy minister
Saudi gazette reportRIYADH — Saudi Minister of Energy Prince Abdulaziz bin Salman unveiled Saudi Arabia’s plans to enter the global battery sector in full force next year, signaling the Kingdom’s intent to become a major player in advanced energy storage.Speaking at a special session titled “Enhancing Economic Competitiveness in the Energy Sector” at the 9th Future Investment Initiative (FII9) in Riyadh on Tuesday, he affirmed that the Kingdom provides the world’s most efficient, competitive, and reliable energy ecosystem. The minister stressed that the emerging global economy requires vast amounts of energy to sustain growth and innovation.Referring to FII9, the minister said the event has become “a global platform where people gather to think collectively and help shape the...
October 28, 2025

Saudi Arabia to enter global battery sector in 2026, says energy minister

Aramco to acquire significant minority stake in HUMAIN to unify AI efforts with PIF
Saudi Gazette reportRIYADH — The Public Investment Fund (PIF) and Aramco announced the signing of a non-binding term sheet for Aramco to acquire a significant minority stake in HUMAIN, with PIF retaining majority ownership. The agreement outlines plans for PIF and Aramco to combine their artificial intelligence (AI) programs and assets under HUMAIN, accelerating the company’s growth and positioning Saudi Arabia as a global hub for AI innovation and technology development. Under the proposed structure, both entities would contribute their AI assets, capabilities, and talent to HUMAIN, creating a unified national platform to drive innovation, investment, and competitiveness in the global AI landscape. Yazeed A. Al-Humied, Deputy Governor and Head of MENA Investments at PIF, said: “By...
October 28, 2025

Aramco to acquire significant minority stake in HUMAIN to unify AI efforts with PIF

Minister of Health Fahad Al-Jalajel addressing the Global Health Exhibition in Riyadh.
Al-Jalajel launches pioneering healthy lifestyle prescription service
Saudi Gazette reportRIYADH — Minister of Health and Chairman of the Board of Health Holding Company (HHC) Fahad Al-Jalajel announced the launch of the world’s first health service that provides a healthy lifestyle prescription alongside medical prescriptions. The announcement was made on the opening day of the eighth edition of the Global Health Exhibition on Monday. The service aims to improve the quality of life for individuals with common chronic conditions such as hypertension, diabetes, and high cholesterol. This initiative reflects the role of HHC and its affiliated health clusters in providing comprehensive healthcare that extends beyond medication. This innovative service facilitates the implementation of treatment protocols within the Saudi healthcare model, which prioritizes...
October 28, 2025

Al-Jalajel launches pioneering healthy lifestyle prescription service

Crown Prince and Prime Minister Mohammed bin Salman chairs the Cabinet session in Riyadh on Tuesday.
Saudi Arabia pins hope on FII driving joint action for global prosperity
Saudi Gazette reportRIYADH — The Saudi Council of Ministers expressed hope that the ninth edition of the Future Investment Initiative (FII9) conference, being held in Riyadh, would help translate visions into practical strategies that drive joint international action for global development and prosperity.The Cabinet session, chaired by Crown Prince and Prime Minister Mohammed bin Salman in Riyadh on Tuesday, expressed its gratitude to the leaders and heads of government of friendly countries for attending the conference. In a statement to the Saudi Press Agency following the session, Minister of Media Salman Al-Dossary said that the Cabinet approved amendments to some articles of the Regulations of Hajj Service Providers for Foreign Pilgrims. The Cabinet affirmed that the agreement with...
October 28, 2025

Saudi Arabia pins hope on FII driving joint action for global prosperity

PIF, UK Export Finance sign $6.8 billion MoU to boost UK firms’ participation in Saudi projects
RIYADH — The Public Investment Fund (PIF) and UK Export Finance (UKEF), the United Kingdom’s export credit agency, have signed a memorandum of understanding (MoU) to enhance financial cooperation and expand trade and investment opportunities between Saudi Arabia and the UK. The agreement, signed on the sidelines of the ninth Future Investment Initiative (FII9) in Riyadh in the presence of UK Chancellor of the Exchequer Rachel Reeves, establishes a financial structure worth up to $6.8 billion to promote UK companies’ participation in Saudi projects. Under the MoU, UKEF will partner with PIF and its portfolio companies to access a pipeline of current and future projects in Saudi Arabia that could be backed by UKEF financing, opening supply contract opportunities for UK-based suppliers....
October 28, 2025

PIF, UK Export Finance sign $6.8 billion MoU to boost UK firms’ participation in Saudi projects

Lubna AL Olayan discussing new Saudi investment law at FII9 in Riyadh.
Lubna Al Olayan: New investment law places foreign and Saudi investors on equal footing
Saudi Gazette report RIYADH — Lubna Al Olayan, Chairwoman of the Saudi British Bank (SABB), highlighted how Saudi Arabia’s new investment law has transformed the Kingdom’s investment landscape by granting equal rights to Saudi and foreign investors.Speaking at a panel during the 9th Future Investment Initiative (FII9) in Riyadh on Tuesday, Al Olayan said the law — which came into effect this year — marks “a tremendous change” by ensuring parity in access to capital, real estate ownership, and profit repatriation.“The new investment law gives foreign owners and Saudi owners equal footing in the country. In terms of access to capital, owning real estate, disposing of investments, and repatriating money — it’s a tremendous change,” she said.She noted that foreign...
October 28, 2025

Lubna Al Olayan: New investment law places foreign and Saudi investors on equal footing

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