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The Ministry of Human Resources and Social Development explained that the initiative aims to safeguard contractual rights, enhance the attractiveness of the labor market, and strengthen compliance.
HR Ministry launches initiative to correct status of absconding workers
Saudi Gazette report RIYADH — The Ministry of Human Resources and Social Development launched on Monday an initiative through the Qiwa platform to correct the status of professional workers, who were reported as “absent from work,” effective from September 18, 2025. The initiative allows these workers to legally transfer their sponsorship to a new employer.The ministry explained that the initiative aims to safeguard contractual rights, enhance the attractiveness of the labor market, and strengthen compliance.The initiative covers several cases, including workers whose status changed to “absent from work” after the 60-day grace period due to absence from work, those whose status changed after the expiration or termination of a documented contract, and expatriates with absence...
September 29, 2025

HR Ministry launches initiative to correct status of absconding workers

Minister of Investment Eng. Khalid Al-Falih attending a panel discussion at the Cultural Investment Conference 2025 in Riyadh on Monday.
Al-Falih announces imminent launch of SR150 million Cultural Investment Fund
Saudi Gazette report RIYADH — Minister of Investment Eng. Khalid Al-Falih said that the number of licenses issued for cultural activities, events, and entertainment in the Kingdom has exceeded 50,000, including 1,700 for foreign investors. Most of these licenses are for small investors, artists, and creative individuals, he said while attending a panel discussion at the Cultural Investment Conference 2025 in Riyadh on Monday.Al-Falih announced the imminent launch of a fund worth SR150 million to invest in specific creative and cultural sectors. "Culture represents 'the soul of the nation and society' and is the foundation of a sustainable economy and happiness," he said while emphasizing the importance of investing in this vital sector.The minister praised the efforts...
September 29, 2025

Al-Falih announces imminent launch of SR150 million Cultural Investment Fund

PIF-led consortium to acquire EA in $55B deal, marking largest all-cash sponsor take-private in history
Saudi Gazette reportJEDDAH — Saudi Arabia’s Public Investment Fund (PIF), alongside Silver Lake and Affinity Partners, will acquire Electronic Arts Inc. (EA) in a $55 billion all-cash transaction, the largest sponsor-led take-private deal in history.Under the agreement announced Monday, the consortium will purchase 100% of EA, with stockholders receiving $210 per share in cash, a 25 percent premium to the company’s unaffected share price on Sept. 25, 2025.The deal also surpasses EA’s all-time high of $179.01 reached in August 2025.PIF will roll over its existing 9.9% stake in EA, while Silver Lake and Affinity Partners will contribute equity.Financing will include approximately $36 billion in equity and $20 billion in debt led by JPMorgan Chase, with $18 billion expected at...
September 29, 2025

PIF-led consortium to acquire EA in $55B deal, marking largest all-cash sponsor take-private in history

Minister of Environment, Water and Agriculture Abdulrahman Alfadley inaugurates poultry and feed production plants in Riyadh on Monday.
Alfadley inaugurates 2 poultry and feed production plants in Riyadh region
Saudi Gazette report RIYADH — Minister of Environment, Water and Agriculture Abdulrahman Alfadley inaugurated on Monday two major projects in Riyadh Region: a state-of-the-art poultry production and processing plant in Al-Majma’ah governorate and an advanced feed production plant in Shaqra governorate.The projects aim to enhance food security, increase operational efficiency, and support local communities by creating job opportunities and advancing sustainable development in line with the goals of Saudi Vision 2030.Speaking at the ceremony, Assistant Deputy Minister for Livestock and Fisheries at the Ministry of Environment, Water and Agriculture Dr. Ali Al-Shaikhi said that the two projects will significantly enhance quality, reduce production costs, and improve operational efficiency...
September 29, 2025

Alfadley inaugurates 2 poultry and feed production plants in Riyadh region

Saudi Minister of Culture Prince Badr bin Abdullah inaugurates Cultural Investment Conference 2025 in Riyadh on Monday.
Saudi Arabia to open Riyadh University of Arts soon
Saudi Gazette report RIYADH — Saudi Minister of Culture Prince Badr bin Abdullah announced on Monday that the Riyadh University of Arts will be opened in the near future."The university aims to cultivate talent and creativity within the cultural sector and aspires to be among the top 50 international universities specializing in the creative arts," the minister said while inaugurating the Cultural Investment Conference 2025 at the King Fahd Cultural Center in Riyadh on Monday. The Riyadh University of Arts seeks to be a leader in creative education through partnerships with leading international academic institutions in the cultural fields. It will also offer scholarships for talented individuals in the arts. The university will release full details of its programs in the first...
September 29, 2025

Saudi Arabia to open Riyadh University of Arts soon

Landlords cannot increase the total rental value of existing or new contracts within Riyadh’s urban boundary until 2030.
What do we need to know about Riyadh’s new rent freeze decision?
Saudi Gazette reportRIYADH — Saudi Arabia has introduced sweeping new regulations for Riyadh’s rental market, freezing rent increases for both residential and commercial properties for the next five years.The decision, approved by the Council of Ministers and enacted through a royal decree on September 25, 2025, is designed to stabilize housing costs, protect tenants from sharp price hikes, and ensure fairness between landlords and renters. Why was the rent freeze introduced? The move comes after years of rising rental prices in the capital, which outpaced average household income and created what Crown Prince Mohammed bin Salman described as “unacceptable levels” of housing costs.Authorities say the rent freeze is part of a broader real estate balance program aimed at reducing...
September 29, 2025

What do we need to know about Riyadh’s new rent freeze decision?

Speed, KSI and MrBeast star in new Riyadh Season 2025 promo video
RIYADH — Turki Alalshikh, Chairman of the General Entertainment Authority (GEA), announced the release of a new promotional video titled “Try Not To React” featuring global content stars Speed, KSI, and MrBeast as part of the campaign for Riyadh Season 2025.The short film showcases an unconventional face-off between Speed and KSI, who attempt to suppress all emotions and facial expressions while facing a series of surprising and competitive scenarios.The challenge unfolds across Riyadh Season landmarks including Boulevard World, the Joy Awards, and a boxing-inspired setup, adding intensity to the contest.The video also introduces a new Riyadh Season zone dedicated to MrBeast, offering visitors immersive and innovative challenges that add a fresh global dimension to this year’s...
September 29, 2025

Speed, KSI and MrBeast star in new Riyadh Season 2025 promo video

Minister of Communications and Information Technology Abdullah Alswaha will participate in the G20 ministerial meetings on digital economy and artificial intelligence, to be held under the chairmanship of South Africa from Monday.
Saudi Arabia to attend G20 digital economy, AI ministerial meetings in South Africa
Saudi Gazette report RIYADH — Minister of Communications and Information Technology Abdullah Alswaha will participate in the G20 ministerial meetings on digital economy and artificial intelligence, to be held under the chairmanship of South Africa from Monday.Cape Town, the legislative capital of South Africa, will host the Digital Economy Ministerial Meeting on September 29 and the AI Task Force Ministerial Meeting on September 30.The Kingdom's participation reflects its pivotal role and sustained efforts in leading global work on the digital economy and artificial intelligence. These efforts have been clearly demonstrated during Saudi Arabia's previous G20 presidency, when it presented a global roadmap for measuring the digital economy and unveiled the AI Ethics Principles to...
September 29, 2025

Saudi Arabia to attend G20 digital economy, AI ministerial meetings in South Africa

Minister of Media Salman Al-Dossary meets with Syrian Minister of Information Hamza Al-Mustafa in Riyadh on Sunday.
Saudi, Syrian media ministers discuss developing joint media initiatives
Saudi Gazette report RIYADH — Minister of Media Salman Al-Dossary met with Syrian Minister of Information Hamza Al-Mustafa and his accompanying delegation in Riyadh on Sunday.During the meeting, they discussed enhancing collaboration between Saudi Arabia and Syria in various media fields, exploring opportunities for media exchange through joint programs. Both sides established a working group tasked with developing joint media initiatives, programs, and projects.During the visit, Al-Mustafa visited the Center for Government Communication (CGC) at the Ministry of Media, where he received an overview of initiatives and projects aimed at enriching the media landscape, as well as programs designed to train and develop national media professionals.
September 28, 2025

Saudi, Syrian media ministers discuss developing joint media initiatives

Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef attends Saudi Arabia’s National Day celebrations during his visit to China.
Saudi Arabia, Vietnam to strengthen industrial partnerships as Alkhorayef begins visit
Saudi Gazette report HANOI — Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef began his official visit to Vietnam on Monday, leading a high-level delegation from the Saudi industry and mineral resources ecosystem, after his visit to China.The three-day visit aims to enhance cooperation across industry, advanced manufacturing, mining, and sustainable development sectors. The visit reinforces Saudi Arabia's commitment to expanding economic partnerships with Southeast Asian nations while advancing the Kingdom's Vision 2030 economic diversification objectives.The Saudi-Vietnamese Joint Committee, established in 2006, has been critical in strengthening this economic cooperation, with its next session scheduled for 2026 in Riyadh to further boost bilateral ties. The...
September 28, 2025

Saudi Arabia, Vietnam to strengthen industrial partnerships as Alkhorayef begins visit

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