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41 - 50 from 3230 . In "Opinion"
Sindalah Island: A symbol of Saudi Arabia’s future
Just five kilometers off the coast of NEOM in northwest Saudi Arabia, the luxurious marine tourism destination of Sindalah Island has officially opened on the Red Sea.For those unfamiliar, Sindalah was first announced by Crown Prince Mohammed bin Salman in December 2022 as part of NEOM's ambitious development plans.Now, with its October 2024 opening, Sindalah stands as NEOM’s first destination to welcome visitors — an achievement made in under two years.While the world anticipates the full, magical experience Sindalah promises, Saudis, inspired by their nation's vision, proudly rally around the project.With the guidance of Crown Prince Mohammed bin Salman, the Kingdom is betting on an extraordinary project that represents a milestone in Saudi Arabia’s path toward economic...
October 28, 2024

Sindalah Island: A symbol of Saudi Arabia’s future

Sindalah: A dream realized
By Firas Trabulsi As the opening of the Sindalah project draws near, we are witnessing yet another success story added to the development achievements of Saudi Arabia. Sindalah was not merely an idea; it was a bold dream brought to life by dedicated Saudi hands, transforming it into a tangible reality that embodies the spirit of Vision 2030.Located in the heart of the Red Sea, the Sindalah project represents a new concept of integrated luxury. It is not just a tourist destination but a platform for innovation and development, blending local cultural heritage with modern touches. Sindalah stands as one of the leading tourism projects aimed at enhancing the Kingdom’s position as a global destination for luxury tourism, offering a unique experience that caters to diverse tastes.The true...
October 22, 2024

Sindalah: A dream realized

First Gulf-European Summit a major headway in strengthening ties to tackle global challenges
The first-ever Gulf-European Summit was concluded in Brussels on October 16 with disseminating a powerful message of unity. Leaders from both sides left the Belgium capital with a renewed commitment to deepening their collaboration in politics, security, and economics. Since the signing of the Cooperation Agreement of 1988, there has been an evolution of much enhanced Gulf-European relations and the summit has solidified the Strategic Partnership that was forged in 2022, reflecting their shared dedication to tackling pressing regional and global challenges.The Gulf and European leaders discussed a range of urgent issues, including the escalating turmoil in Gaza, Lebanon, and the Red Sea, along with fears of further conflict. Their talks underscored the importance of working hand in hand to...
October 19, 2024

First Gulf-European Summit a major headway in strengthening ties to tackle global challenges

Nurturing Fintech innovation: The impact of incubators, accelerators, and government programs / Grants
FinTech startups, especially in the early stages of ideation, prototyping, MVP development, or even product-market fit, often need financial injections, mentoring, guidance, coworking spaces, incubation, and acceleration. Without these initiatives, it would be difficult to develop innovative solutions for the financial services industry. The role and impact of government programs and grants are immense. This article will explore the various programs and grants in KSA (Kingdom of Saudi Arabia) that help FinTech startups succeed and grow.The National Technology Development Program (NTDP) by MICT has more than 20 initiatives for startups in different stages. For the purpose of this article, we'll focus on the initiatives for early-stage startups. MVPLAP is a good start if a startup has an...
October 15, 2024

Nurturing Fintech innovation: The impact of incubators, accelerators, and government programs / Grants

Ten bright years of King Salman's leadership
A few days ago, we joyfully marked a momentous occasion cherished by all Saudis: the anniversary of King Salman bin Abdulaziz’s ascension to the throne. We pray to Allah, the Almighty, to grant him health, well-being, and long life, and to bless him with wise and righteous advisors and leaders who will support him in serving the religion and the nation —foremost among them, his honorable sons and Crown Prince Mohammed bin Salman.For decades, people across all regions of the Kingdom wished for Salman bin Abdulaziz to be their leader. His reputation for decisiveness, transparency, justice, security, development, strong leadership, and wisdom made him a figure to look up to. Under his leadership, there has been unwavering support for the youth, the enforcement of law, and equal treatment...
October 11, 2024

Ten bright years of King Salman's leadership

Family business governance
Family businesses are the backbone of the Saudi Arabian economy. Given their significance, it is essential to ensure the sustainability of these businesses for future generations. Studies have shown that most family businesses do not survive beyond the first or second generation, primarily due to the absence of governance systems that ensure business continuity and transparency. This underscores the need for establishing strong governance frameworks for family businesses. Corporate governance is defined as a set of procedures and policies that ensure clear communication between partners, boards of directors, and management, guaranteeing transparency, business continuity, and effective risk management. Proper governance benefits family members by enhancing profitability and ensuring the...
October 09, 2024

Family business governance

Revolutionizing healthcare: AI is transforming medicine and patient care
For various reasons, artificial intelligence (AI) in the medical sector is fast changing from a luxury to a need. Analyzing health data with conventional techniques becomes difficult given its rising bulk. More exact and faster medical decisions are made possible by AI's fast and accurate processing of enormous volumes of data. For radiology, for instance, artificial intelligence has been applied to raise diagnostic accuracy—especially in relation to cancer detection.AI improves radiographical interpretation accuracy in diagnosis. AI has enhanced diagnosis rates in breast cancer by up to 30 percent by helping to spot trends or early indicators that human professionals might overlook and therefore help to lower unnecessary procedures. AI can ease strain on healthcare professionals by...
October 03, 2024

Revolutionizing healthcare: AI is transforming medicine and patient care

Angel investing in FinTech
FinTech is a highly regulated industry, especially in countries with multiple financial regulators like Saudi Arabia. For example, SAMA regulates payments, crowdfunding debt for SMEs, P2P lending, and more; the CMA oversees Robo Advisory, Sukuk, fund distribution, and other financial activities; and the Insurance Authority (IA) handles Insurtech.Navigating all these regulations and dealing with different regulators as an angel investor to get better deals is difficult. It requires more learning and experience than relying on gut feelings.Angel investors are among the biggest believers in the world of startups in general. And when we talk about angel investors in FinTech, we're referring to the early stages of startup investing, such as Pre-Seed, Seed, Pre-Series A, and, to a lesser...
September 26, 2024

Angel investing in FinTech

Saudi Arabia with an exemplary vision that yields remarkable achievements
This year, Saudi Arabia's National Day arrives with a tapestry of remarkable achievements articulated in clear, concrete terms. As I reflect on this occasion, I am reminded of how far we have come as a nation and the dreams that continue to inspire us.King Abdulaziz bin Abdulrahman Al-Saud, the founder of modern Saudi Arabia, united the fragmented regions of the Kingdom, establishing a solid foundation for this great nation through heroic feats that heralded progress and prosperity. Today, under the leadership of Custodian of the Two Holy Mosques King Salman and Crown Prince and Prime Minister Mohammed bin Salman, the Kingdom flourishes in a prosperous era.Saudi Arabia has become a stellar pillar among the nations of the world, thanks to its significant achievements and high-level...
September 23, 2024

Saudi Arabia with an exemplary vision that yields remarkable achievements

The Vikings and the Islamic world
By Dr. Nawal A. Al-JubeirDuring the Viking Age (late 8th to 11th century), Norse seafarers, known as Vikings, embarked on remarkable voyages across Europe, bringing them into contact with diverse cultures, including Muslim Arabs. While there are no records of Viking settlements in Arab lands, the two cultures interacted primarily through trade and exploration, particularly in regions that would later become Russia. Although there is little evidence that Muslims visited Viking homelands, numerous artifacts, especially in Sweden, indicate long-distance trade between these two distinct societies. One significant motivator for Viking exploration was access to silver, which spurred their journeys into Europe and brought them into contact with Arabs.These interactions, blending trade,...
September 20, 2024

The Vikings and the Islamic world

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