Saudi and Iranian FMs meet in New York on UNGA sidelines

NEW YORK CITY: Saudi Minister of Foreign Affairs Prince Faisal bin Farhan met with the Minister of Foreign Affairs of Iran Abbas Araghchi on Sunday on the sidelines of the 79th session of the United Nations General Assembly in New York. The two ministers discussed relations and ways to enhance them in various fields, the importance…

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US interest rate cut could see funding taps turn on for GCC startups

RIYADH: After almost two years of rate hikes, the US Federal Reserve has slashed interest rates by half a percentage point to a range of 4.75-5 percent, but what does this mean for the startup and venture capital ecosystem?  The relationship between the US Federal Reserve and the global startup ecosystem is somewhat complicated.  Washington’s…

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Second edition of Saudi Film Confex will put development of local movie industry in the frame

RIYADH: The second Saudi Film Confex will take place in Riyadh between Oct. 9 and 12 with the aim of empowering and developing the film industry in the Kingdom, and promoting investment and partnership opportunities, the Saudi Broadcasting Authority said on Thursday. The event will include 30 panel discussions and workshops covering key industry topics…

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Saudi minister visits Kuwait to pass on Saudi leaders’ condolences after royal’s death

KUWAIT: Saudi Arabia’s interior minister, Prince Abdulaziz bin Saud visited Kuwait on Wednesday to convey to the country’s emir, Sheikh Meshal Al-Ahmad Al-Sabah, the condolences of King Salman and Crown Prince Mohammed bin Salman following the death last week of Sheikh Bader Nasser Al-Hamoud Al-Jaber Al-Sabah.Prince Abdulaziz also offered the Saudi leaders’ condolences to Prime…

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2025 named ‘Year of Handicrafts’ to showcase Saudi artisan talents worldwide

JEDDAH: The Ministry of Culture has announced 2025 as the “Year of Handicrafts,” recognizing the cultural and artistic significance of this tradition in Saudi society. The initiative, approved by the Cabinet, aims to celebrate Saudi artisans’ creativity and showcase their talents globally. Minister of Culture Prince Badr bin Abdullah bin Farhan expressed appreciation for the…

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Saudi OIC representative receives special envoy on Islamophobia

RIYADH: Saudi Arabia’s representative to the Organization of Islamic Cooperation received on Monday the special envoy of the OIC Secretary-General on Islamophobia, the Saudi Press Agency reported. Saleh bin Hamad Al-Suhaibani welcomed Mehmet Pacaci, who was recently appointed to the role, in the Makkah region.Pacaci assumed the brief after a decision by the OIC Council…

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Saudi, US military officials discuss ways to strengthen partnership

RIYADH: Saudi Arabia’s Commander of the Joint Forces, Lieutenant General Fahad bin Hamad Al Salman, received a delegation from the US armed forces in Riyadh on Sunday and discussed ways to strengthen the two countries’ military partnership, the Saudi Press Agency reported on Monday. General Fahad met with the delegation led by Vice Admiral Charles…

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Saudi Arabia’s bold recycling plan will see it become a world-leader, experts believe

RIYADH: In an era marked by growing environmental concerns and the pursuit of sustainable development, recycling has emerged as a crucial driver of economic prosperity for countries worldwide. Beyond its environmental benefits, recycling holds significant economic advantages, fostering job creation, stimulating local industries, and bolstering long-term economic stability. Saudi Arabia is seeking to make the…

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Saudi delegation meets UK’s National Audit Office to boost cooperation, expertise

LONDON: A delegation from Saudi Arabia’s General Auditing Bureau met with officials from the UK’s National Audit Office in London to discuss strengthening cooperation and exchange expertise in the field of public sector auditing, Saudi Press Agency reported on Saturday.During the meeting, both parties explored opportunities for collaboration on performance reviews, financial statement analysis, technical…

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