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Minister of Industry and Mineral Resources Bandar Al Khorayef has opened the Saudi Pavilion in the International Mining and Resources Conference (IMARC), being held in Sydney, Australia.
Al Khorayef opens Saudi Pavilion as part of ‘Invest Saudi’ program in IMARC
SYDNEY — Minister of Industry and Mineral Resources Bandar Al Khorayef has opened the Saudi Pavilion in the International Mining and Resources Conference (IMARC), being held in Sydney, Australia, between Nov. 2-4, 2022.The pavilion is part of the "Invest Saudi" program with the participation of the Ministry of Industry and Mineral Resources, the Ministry of Investment, the National Industrial Development and Logistics Program (NIDLP), the Saudi Industrial Development Fund and the Industrial Center.The participation in the IMARC highlights the Kingdom's continued efforts to improve the performance of the mining sector by facilitating access to geological data.It also sheds light on the most recent updates to the laws and legislation aiming to create an incentivized...
November 02, 2022

Al Khorayef opens Saudi Pavilion as part of ‘Invest Saudi’ program in IMARC

NEOM has announced a $175 million Series E investment in Volocopter, the pioneer of urban air mobility. This deal will expand NEOM’s strategic partnership with Volocopter to progress an advanced air mobility industry in Saudi Arabia, in line with NEOM’s cutting-edge strategy for its mobility sector.
NEOM invests $175 million in Volocopter to accelerate electric urban air mobility
TABUK — NEOM has announced a $175 million Series E investment in Volocopter, the pioneer of urban air mobility. The land of the future giga-project will take a significant equity stake in the company as part of its strategic engagement with the global eVTOL industry, positioning it as a leader in future mobility solutions.This deal will expand NEOM’s strategic partnership with Volocopter to progress an advanced air mobility industry in Saudi Arabia, in line with NEOM’s cutting-edge strategy for its mobility sector.It builds on the NEOM-Volocopter joint venture launched in December 2021, which will operate electric air taxi services in NEOM to connect various regions including THE LINE, OXAGON and TROJENA.NEON Chief Executive Officer Nadhmi Al-Nasr said: “This crucial investment...
November 02, 2022

NEOM invests $175 million in Volocopter to accelerate electric urban air mobility

SDRPY has inaugurated a project to renovate Seiyun Palace in Hadramout, with funds from the SDRPY and implementation by the UNESCO, with the aim of contributing to supporting the Yemeni government to protect antiquities and endangered historical areas.
SDRPY, in partnership with UNSECO, inaugurates project to renovate Hadramout’s Seiyun Palace
RIYADH — The Saudi Development and Reconstruction Program for Yemen (SDRPY) has inaugurated a project to renovate Seiyun Palace in Hadramout, with funds from the SDRPY and implementation by the UNESCO, with the aim of contributing to supporting the Yemeni government to protect antiquities and endangered historical areas.General Supervisor of the SDRPY Ambassador Mohammed Bin Saeed Al Jabir; Yemeni Minister of Information, Culture and Tourism Moammar Al-Eryani; Permanent Delegate of Yemen to UNESCO Mohammed Jumeh; Representative of the United Nations Educational, Scientific and Cultural Organization (UNESCO) to the GCC and Yemen Salah El-Din Zaki Khaled; and Secretary General of the National Committee for Education, Culture and Science Ahmed Bin Abdulaziz Al-Bleihed attended the launching...
November 02, 2022

SDRPY, in partnership with UNSECO, inaugurates project to renovate Hadramout’s Seiyun Palace

Minister of Interior Prince Abdulaziz Bin Saud Bin Naif received in Riyadh Wednesday the Singapore’s Minister for Home Affairs and Minister for Law K. Shanmugam.
Prince Abdulaziz, Shanmugam discuss ways to enhance security cooperation
RIYADH — Minister of Interior Prince Abdulaziz Bin Saud Bin Naif received here Wednesday the Singapore’s Minister for Home Affairs and Minister for Law K. Shanmugam.During the meeting, they discussed ways to enhance the ways of security cooperation between the two countries. The meeting was attended by a number of officials. — SPA
November 02, 2022

Prince Abdulaziz, Shanmugam discuss ways to enhance security cooperation

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan addressing the closing session of the 31st Ordinary Arab League Summit in Algiers on Wednesday.
Saudi Arabia to host next Arab summit: FM
Saudi Gazette reportALGIERS — Minister of Foreign Affairs Prince Faisal bin Farhan announced on Wednesday that Saudi Arabia will host the 32nd session of the Council of the League of Arab States at the Summit Level.In the Kingdom’s speech at the closing session of the 31st Ordinary Arab League Summit, Prince Faisal thanked Algerian President Abdelmadjid Tebboune for the warm reception and hospitality accorded to him and the accompanying delegation.He lauded the tangible efforts made to make the summit a great success, represented in the wise management of its work, which reflected good organization and excellent preparation.Prince Faisal affirmed the Kingdom’s appreciation of the outcomes of the summit, which is an embodiment of the role of the Arab League in serving joint Arab...
November 02, 2022

Saudi Arabia to host next Arab summit: FM

Paul Pacifico
Paul Pacifico appointed CEO of Saudi Music Commission
Saudi Gazette Report RIYADH — The Saudi Music Commission announced on Wednesday the appointment of Paul Pacifico as Chief Executive Officer of the commission. He will be responsible for developing the Kingdom’s music sector in line with the National Culture Strategy.Pacifico will assume his new role at the commission from January 2023, continuing a brilliant career marked by extensive knowledge and experience in the fields of music creativity, entrepreneurship, policy, and education, the commission said in a press statement. Over the past six years, Pacifico served as CEO of the UK-based Association of Independent Music (AIM), where he led the representation of the UK’s independent music sector including music entrepreneurs, independent labels, service companies, distributors, and...
November 02, 2022

Paul Pacifico appointed CEO of Saudi Music Commission

The Transport General Authority (TGA) has set Dec. 1 as the deadline to install technical equipment and safety tools on transport buses.
Dec. 1 deadline to install technical equipment in transport buses
Saudi Gazette reportRIYADH — The Transport General Authority (TGA) has set Dec. 1 as the deadline to install technical equipment and safety tools on transport buses.All transport buses, including school buses and special coaches licensed to carry passengers, will be obliged to install the prescribed technical gadgets.The TGA stated that the buses manufactured in 2014 or before would be exempted from the requirements except for the tracking system.The required technical equipment will contribute to raising the quality and efficiency of transportation services, TGA said.It added that the technical equipment would guarantee and ensure the application of TGA regulations and requirements, in addition to enhancing the safety and security of passengers.
November 02, 2022

Dec. 1 deadline to install technical equipment in transport buses

11 persons sentenced to 65 years in prison and fines of SR29 million for embezzling public wealth
Saudi Gazette Report RIYADH — A total of 11 persons were sentenced to a total of 65 years of jail terms and SR29 million in fines for embezzling public wealth. An official source at the Public Prosecution stated that investigations have resulted in the indictment of 11 persons and commercial entities for forming an organized criminal gang for the purpose of embezzling public money.It was revealed in investigations that the convicts embezzled diesel, procured through government support, by buying it in large quantities, taking advantage of their possession of fuel filling stations, and illegally reselling it to people who in turn smuggled it out of the Kingdom and sold it in other countries.The gang also involved in committing a number of other crimes, including money laundering, forgery,...
November 02, 2022

11 persons sentenced to 65 years in prison and fines of SR29 million for embezzling public wealth

Minister of Industry and Mineral Resources Bandar Al Khorayef shares the Kingdom's vision to transform mining into a responsible and environmental, social, and governance (ESG) compliant sector.
Saudi Arabia is setting new standards for a sustainable and ESG-compliant mining industry
SYDNEY, Australia — As part of its efforts to transform its metals and minerals sector into an engine of sustainable growth and driver of the clean energy transition both at home and abroad, Saudi Arabia participated in Australia’s leading mining industry event, the International Mining and Resources Conference (IMARC).During the event, it shared its vision to transform mining into a responsible and environmental, social, and governance (ESG) compliant sector.Participating under the brand ‘Invest Saudi’, the Saudi delegation is led by Minister of Industry and Mineral Resources Bandar Al Khorayef and included Vice-Minister for Mining Affairs Khaled Al-Mudaifer and other senior officials from the Ministry of Investment, National Industrial Development and Logistics Program (NIDLP),...
November 02, 2022

Saudi Arabia is setting new standards for a sustainable and ESG-compliant mining industry

Minister of Energy Prince Abdulaziz Bin Salman held a virtual meeting with South Korea’s Minister of Trade, Industry, and Energy Lee Chang-yang.
Prince Abdulaziz, Chang-yang discuss strengthening energy cooperation
RIYADH — Minister of Energy Prince Abdulaziz Bin Salman held a virtual meeting with South Korea’s Minister of Trade, Industry, and Energy Lee Chang-yang.The two ministers emphasized the importance of supporting the stability of global oil markets by encouraging dialogue and collaboration between producing and consuming countries.They highlighted the need to ensure secure supplies of all energy sources in global markets, noting that the Kingdom continues to be South Korea’s top crude oil supplier and trusted partner.Both ministers stressed the importance of ongoing cooperation between the two countries in the energy sectors, which include petrochemical projects and ensuring security of supply chains for energy , as well as exchanging experiences.Moreover, both ministers agreed to...
November 02, 2022

Prince Abdulaziz, Chang-yang discuss strengthening energy cooperation

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