The Council of Saudi Chambers (CSC) will conduct a workshop in Riyadh on project financing mechanisms on Sunday.
According to a spokesman from the CSC, the day’s workshop is being organized in cooperation with the Centennial Fund.
“It comes within the framework of the social responsibility of the council and its various initiatives to help business sector, especially Saudi youths and women entrepreneurs and owners of small and medium enterprises (SMEs), according to a council statement.
Participants will avail themselves of the opportunities offered by institutions and financial organizations in the areas of financing, recruitment, training, education and other forms of effective partnership through the CSC and its affiliated bodies.
The workshop, which will be held for a full working day, is aimed at creating awareness about the activities of the Centennial Fund to support investment projects and to contribute to the development of the economy and investment.
It will also focus on developing the role of Saudi women in the economic sector and raise the level of small and medium enterprises through the services offered by the Centennial Fund particularly in training, counseling, rehabilitation and finance.
The spokesman said such joint events hosted by the Council of Chambers in association with governmental and nongovernmental organizations would help achieve national goals, especially in the development of local human resources in training and rehabilitating young Saudi entrepreneurs and owners of small and medium enterprises.
The Centennial Fund (TCF) was established in 2004 and was the first Middle Eastern member of Youth Business International (YBI). It has national coverage in Saudi Arabia but focuses 70 percent of its resources in rural areas and the smaller cities.
TCF was accredited by YBI in March 2006.
It has a mandate to help young Saudi citizens achieve independence through investment. TCF wants to maintain its status as a pioneer in a competitive market while covering an increasing expanse of the Kingdom through its growing number of branches.
It has established a complete solution that would support its corporate identity over the Internet and its intranet, helping it automated business processes internally and better manage the fund’s investment projects and customer relationships.
TCF has 500 employees and receives a wide range of support from local enterprises such as Sabic and the National Commercial Bank. Under the sponsorship of Prince Abdul Aziz bin Abdullah, TCF is focused on helping young Saudi investors and strengthening the private sector.
Saudi entrepreneurs to get tips on project financing mechanism
Saudi entrepreneurs to get tips on project financing mechanism
Saudi Museum of Contemporary Art to host ‘Manga Hokusai Manga’ exhibition
- Exhibition is homage to renowned Japanese artist Katsushika Hokusai
The much-anticipated “Manga Hokusai Manga” exhibition will be held at the Saudi Arabia Museum of Contemporary Art in JAX Diriyah from Jan. 15 to Feb. 8.
Held in collaboration with the Embassy of Japan and the Japan Foundation, the exhibition, ratified by the Kingdom’s Museums Commission, will showcase the works of the renowned Japanese artist Katsushika Hokusai.
It will highlight the history and evolution of manga, and provide a perspective on how Hokusai’s classical illustrations have influenced modern visual arts, the Saudi Press Agency reported recently.
Hokusai published his first collection of art in 1814, featuring sketches of “daily life, landscapes and whimsical creatures,” according to a post on X by the museum.
The Saudi Arabia Museum of Contemporary Art aims to foster cultural exchange between local and international creators.
Rain for 3 days over most parts of Saudi Arabia
- Warning of high waves along the Kingdom’s coastlines
RIYADH: Rain of varying intensities will fall over most parts of Saudi Arabia from Jan. 10 to 12, the National Center for Meteorology stated on Thursday.
In a weather bulletin, the NCM warned of downpours accompanied by winds of up to 60 kph, and the possibility of torrential rain and hail. High waves are expected along the nation’s coastlines.
The regions of Al-Jouf, the Northern Borders, and Hail will have rainy conditions on Friday and Saturday.
On Friday, rain is expected in the Tabuk and Madinah regions; on Saturday and Sunday in the Eastern Province, Asir and Jazan; and on Saturday in Qassim.
For the Riyadh and Al-Baha regions, rain is expected from Friday to Sunday.
The NCM urged the public to stay updated on the weather conditions in the Kingdom by checking the daily reports on its website, the Anwaa application, or its social media accounts.
Saudi Falcons Club CEO and Kazakhstan ambassador discuss ways to boost cooperation
RIYADH: The CEO of the Saudi Falcons Club, Ahmed Al-Hababi, met Kazakhstan’s ambassador to the Kingdom, Madiyar Menilbekov, in Riyadh on Thursday to discuss opportunities for cooperation and ways in which these might be enhanced to benefit mutual goals.
One of the topics was the Hadad Program, a leading initiative developed by the club with the aim of returning falcons to their natural habitats and saving the species from the threat of extinction.
Menilbekov praised the club for the important role it plays in enhancing falconry and preserving its cultural heritage.
The club said the meeting was part of its efforts to strengthen international partnerships in keeping with the goals of the Saudi Vision 2030 plan for national development and diversification.
Saudi envoy to US outlines efforts to maintain safety of Saudi citizens amid LA wildfires
LOS ANGELES: Saudi ambassador to the US, Princess Reema bint Bandar, reaffirmed on Thursday the embassy’s commitment to the safety and security of Saudi citizens in Los Angeles and surrounding areas impacted by wildfires, the Saudi Press Agency reported.
In a statement, Princess Reema emphasized that the embassy and the consulate general were working tirelessly to support citizens affected by the fires.
She highlighted that ensuring their well-being remains a top priority for Saudi diplomatic missions in the United States.
She said the team was monitoring the situation closely and was prepared to provide immediate assistance to those in need. The embassy and consulate were dedicated to ensuring the security and safety of all Saudi citizens in affected areas, she added.
The embassy and consulate have activated a round-the-clock response team to address concerns and offer necessary support, SPA added.
The wildfires in California have prompted widespread evacuations and caused significant disruptions in the Los Angeles area, with officials working to contain the blazes.
KAUST conducts research study on microbiomes in glacier-fed streams
- Collaboration with scientists from Swiss Federal Technology Institute of Lausanne
RIYADH: The King Abdullah University of Science and Technology, in collaboration with scientists from the Swiss Federal Technology Institute of Lausanne, has conducted an unprecedented, in-depth study on microbiomes — microorganisms that live symbiotically with humans or other organisms — in glacier-fed streams.
These streams, originating from glaciers atop the Earth’s highest mountains, harbor a wealth of unique microorganisms.
The research team collected and analyzed samples from 170 glacier-fed streams over five years across regions including New Zealand, the Himalayas, the Russian Caucasus, the Tien Shan and Pamir Mountains, the European Alps, the Scandinavian Alps, Greenland, Alaska, the Rwenzori Mountains in Uganda, and the Ecuadorian and Chilean Andes, the Saudi Press Agency reported.
The findings, published in the renowned scientific journal Nature, represent the first global reference for microbiomes in glacier-fed streams.
These streams, which are among the most extreme natural freshwater ecosystems in the world, are located at mountain summits and are characterized by near-freezing temperatures and low nutrient levels.
They also serve as the origin for many of the world’s largest rivers, functioning as vital water reservoirs for the planet.
KAUST researcher Dr. Ramona Marasco emphasized that glacier-fed streams were highly vulnerable to climate change.
She spoke of the importance of establishing a baseline for their microbiomes to better understand the rate of ecological change, while highlighting KAUST’s extensive genetic sequencing efforts, which have significantly contributed to creating a comprehensive picture of these endangered microbiomes.
The researchers successfully developed the first global atlas of microorganisms in glacier-fed streams.
Their work revealed that these streams harbor a unique microbiome distinct from other cryospheric systems, such as glaciers, frozen soils, and ice-covered lakes.
About half of the bacterial species in these streams are endemic to specific mountain ranges. The scientists attribute this phenomenon to the geographical isolation of mountain ranges, similar to islands, and to the powerful natural selection exerted by the harsh conditions in glacier-fed streams.
