JEDDAH: The visit of Saudi Arabia’s Crown Prince Mohammed bin Salman to Boston saw the signing of several agreements between the Kingdom and prominent US universities such as MIT.
The two-and-a-half-week official tour of the US will focus on building Saudi-US ties and discussing investment opportunities, which include advancing the technology sector in the Kingdom.
The crown prince’s visit to Boston is one of many to meet philanthropists and leaders from tech industries, including Silicon Valley’s Apple and Google-parent Alphabet, to help build Saudi Arabia’s technology sector. Several agreements were signed by leading Saudi entities such as Saudi Aramco, the King Abdullah University of Science and Technology (KAUST), the King Abdul Aziz City for Science and Technology (KACST) and Saudi Basic Industries Corp. (SABIC).
In 2012, Saudi state oil company Saudi Aramco became a founding member of the MIT Energy Initiative (MITEI) and signed a five-year $25 million collaboration targeting new research and development.
Sophisticated digital infrastructure is integral to today’s advanced industrial activities and to attract investors. In partnering with the private sector, there is a focus on improving the telecommunications and information technology sectors.
The Wall Street Journal reported earlier this year that Alphabet discussed a joint venture with Saudi Aramco about potentially building several technology hubs and data centers in Saudi Arabia.
In Saudi Arabia’s Vision 2030, technology is a key driver of change with the aim of developing digital infrastructure, supporting associated economic entities and leading the digital economy. Local incubators have taken steps to ensure that digitization plays a central role in achieving the goals set out in the National Transformation Program (NTP).
Incubators accelerate the growth and success of entrepreneurial companies through a variety of business support resources and services.
In 2017, the Badir Program for Technology Incubators and Accelerators at the KACST signed a bilateral cooperation agreement with Amazon Web Services (AWS), a subsidiary of Amazon Global. The objective is to help Saudi Arabia’s emerging tech-based companies to improve performance using innovative cloud technologies and solutions provided by AWS’s on-demand computing platform.
“We at Badir aim to cooperate with value-added global companies to help emerging technology companies facilitate their businesses and deliver high added value to customers,” said Nawaf Al-Sahhaf, CEO of the Badir Program.
The same year, Arizona State University (ASU) launched a partnership with KAUST to share entrepreneurial expertise, advance sustainability research and commercialize research discoveries.
“The partnership will not only further advance entrepreneurialism, innovation, technology transfer, and economic development in Arizona and Saudi Arabia, but also bring together our world-class scientists to tackle grand challenges, such as water resource management, quality and conservation, through interdisciplinary research,” said Sethuraman Panchanathan, executive vice president of Knowledge Enterprise Development and chief research and innovation officer at ASU.
ASU and KAUST are to work together and share resources to assist KAUST with commercializing the Silicon Valley and the US and vice versa in the Middle East.
Saudi Arabia has set up tech incubators and established venture capital funds with headquarters in Riyadh and offices in California. Among them is Riyadh Taqnia Capital, which has committed to investing more than $100 million in local tech firms.
The crown prince’s tour of the US includes Washington, DC, Houston, Los Angeles, New York, San Francisco and Seattle.
Deals build Saudi Arabia’s digital economy
Deals build Saudi Arabia’s digital economy
SFD funds specialized hospital in Zambia with $135m
- The project seeks to establish a specialized gynecological and pediatric hospital with 800 medical beds
RIYADH: The Saudi Fund for Development has signed an additional development loan agreement worth $35 million for the construction of the King Salman bin Abdulaziz Specialized Hospital in Zambia, raising the total SDF funding for the hospital to $135 million.
The agreement was signed by SFD CEO Sultan bin Abdulrahman Al-Marshad and Minister of Finance and National Planning of the Republic of Zambia Situmbeko Musokotwane in a ceremony attended by Saudi Ambassador to Zambia Ali Al-Qahtani, the Saudi Press Agency reported Friday.
The project seeks to establish a specialized gynecological and pediatric hospital with 800 medical beds in an area of over 200,000 square meters.
The facility will contribute to enhancing specialized healthcare, providing healthcare training, and improving the standards of health services in Zambia, ultimately alleviating financial pressures on beneficiaries.
Al-Marshad, accompanied by Musokotwane and Al-Qahtani, visited the hospital project site to observe the ongoing construction.
Since 1978, the SFD has supported Zambia with over $170 million in financing for various development projects and programs across essential sectors, aimed at fostering social growth and economic prosperity.
The SFD was established to advance sustainable economic development in the world’s least developed countries by leveraging the Kingdom’s resources to provide financial, technical and human support to meet the needs of its partners.
Kuwait’s crown prince meets foreign ministers from Saudi Arabia and other GCC nations
- Meeting takes place on sidelines of 46th extraordinary meeting of GCC’s Ministerial Council, during which ministers discuss developments in Syria, Lebanon and Gaza
RIYADH: The crown prince of Kuwait, Sheikh Sabah Khaled Al-Hamad Al-Sabah, met the Saudi minister of foreign affairs, Prince Faisal bin Farhan, and the foreign ministers of other Gulf Cooperation Council member states at Bayan Palace in Kuwait City on Thursday
The meeting took place on the sidelines of the 46th extraordinary meeting of the GCC’s Ministerial Council, during which ministers and other officials discussed the latest developments in Syria, Lebanon and Gaza.
They stressed the need to uphold Syria’s sovereignty and territorial integrity in the aftermath of the fall of President Bashar Assad’s regime this month, and condemned Israeli authorities for their attacks against Syria and Lebanon.
They also affirmed the GCC’s support for the Palestinian people and called for a permanent ceasefire in Gaza.
Makkah’s cultural gem offers journey through history and faith
- Hira Cultural District has books, gifts and special cuisine
- ‘Revelation Exhibition’ focuses on messages to prophets
MAKKAH: As winter arrives, the Hira Cultural District in Makkah, a landmark destination combining history, knowledge and services for tourists, has emerged as a hub for residents and visitors seeking cultural and recreational experiences.
At the heart of the district lies the “Revelation Exhibition,” which vividly narrates the story of divine messages to the prophets. It features a section focused on the life of Prophet Muhammad and the significance of Hira Mountain.
Using cutting-edge audiovisual technology, the exhibition is an immersive and enriching journey through Islamic history, the Saudi Press Agency reported.
The district’s cultural library offers a treasure trove of information on the history of Makkah and Madinah, the life of the prophet, and the legacy of Hira Mountain and its surrounding areas.
This knowledge can be explored through books, scientific references, and interactive displays.
Beyond its historical and educational appeal, the cultural district constitutes a vibrant destination for leisure and commerce.
Restaurants and cafes serve a mix of local dishes inspired by Makkah’s heritage alongside international cuisine, while shops offer unique gifts and souvenirs reflecting the district's identity.
The Saudi Coffee Museum adds a distinctive flavor to the experience. Here guests can savor traditional Saudi coffee while learning about its regional variations and preparation methods.
For those seeking adventure, the district provides access to the Cave of Hira via a specially paved pathway, allowing visitors to connect with the site’s spiritual and historical significance.
A visitors’ center provides comprehensive information on the district’s features, services and cultural offerings.
Saudi attorney general holds talks with Turkish counterpart in Makkah
MAKKAH: Saudi Arabia’s attorney general, Sheikh Saud bin Abdullah Al-Mujib, praised the strong relationship between the Kingdom and Turkiye as he welcomed a delegation led by his Turkish counterpart, Muhsin Senturk, to Makkah on Thursday.
The officials discussed legal collaborations between their nations and affirmed their desire to enhance judicial cooperation to serve common interests, the Saudi Press Agency reported.
Indulge in the magical wizarding World of Harry Potter at Riyadh Season
- The pop-up experience offers fans of all ages an immersive opportunity to step into the magical universe of witches, wizards and muggles
RIYADH: Harry Potter: A Riyadh Season Adventure is one of the many enthralling and enchanting experiences on offer at Riyadh Season this year.
The pop-up experience, brought to life by Warner Bros., offers fans of all ages an immersive opportunity to step into the magical universe of witches, wizards and muggles.
Set in the vibrant Boulevard City, the area is designed to showcase some of the most iconic locations from the beloved film series, such as Hogwarts and others.
Interactive technology plays a significant role in the experience. Guests can take part in a Great Hall Sorting Experience, where they find out which Hogwarts house they belong to, and engage in Quidditch activities, as well as practice their Quaffle skills on the pitch.
There is also a zone where visitors can try wands and cast magical words they learned from the film series, like “Expecto Patronum.”
For those looking to take a piece of the magic home, the Wizarding World Shops offer exclusive merchandise, ranging from wands to house scarves, and the Three Broomsticks Food Hall offers refreshing drinks, cupcakes and other desserts.
Costumes are a big part of the fun experience, and there is a dedicated area for shopping, ensuring that everyone can find the perfect outfit to enhance their visit.
Maram Al-Ruwaili, a passionate fan dressed as a Slytherin, shared her excitement: “I’ve been a Potterhead since 2003. Now at 31, I still consider myself a big fan. I’ve tried one Harry Potter experience before, but not in Saudi Arabia.
“This time, sitting in the Great Hall, surrounded by sound effects from the films, made it feel like we were true Hogwarts students. The atmosphere, especially with the Dementors and Christmas sounds, was magical.”
The event has attracted a diverse crowd, including international visitors.
Nanditha Krishnakumar, an enthusiastic attendee from India, expressed her love for the experience: “I’ve adored Harry Potter since childhood, and this is truly amazing. It feels so lifelike and brings my dreams to life. I love Slytherin; it might seem like an evil house, but it’s one of my favorites. I can’t wait to see what else is in store.”
Aisleen de Asis, a nurse who has lived in Saudi Arabia for almost a decade, shared her perspective: “Harry Potter is a significant part of my childhood. I heard about this experience from friends and colleagues who enjoyed it, and I had to check it out myself. Being here brings back so many nostalgic memories.”
The Harry Potter experience at Riyadh Season also celebrates community and shared passion.
Fans from various backgrounds are coming together to relive the magic of their childhood, creating connections through their love for the series.
The excitement is palpable, as visitors share their stories, dress up as their favorite characters, and take part in the interactive activities that bring the magic of the books and films to life.
Whether you are a longtime fan or new to the series, the magical experience is not to be missed.
