Author: ranaazeem
The Saudi Culinary Arts Commission announced one of 11 sector – specific commissions under the Ministry of Culture during the Cultural Investment conference, organized by the Ministry of Culture at the King Fahad Cultural Centre in Riyadh under the patronage of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister -may God preserve him-, the official entry of Gault&Millau—one of the world’s most prestigious authorities in culinary arts and hospitality—into the Saudi market through a strategic partnership with the Commission. This launch introduces the internationally renowned Yellow Guide to the Kingdom for the…
Riyadh, Kingdom of Saudi Arabia – The Saudi Ministry of Culture today signed a five-year Memorandum of Understanding with Nasdaq Corporate Solutions during the Cultural Investment Conference in Riyadh The Ministry was represented by his excellency Vice Minister of Culture Hamed Fayez, while Mr. Samir Siqal, Head of Business Development for the Middle East, represented Nasdaq International Solutions. The agreement aims to advance governance services, provide institutional consultation, and enhance the performance for Boards & committees. It will also facilitate the exchange of cultural expertise between Saudi Arabia and Nasdaq’s Middle East offices. The MoU will support cultural enterprises through…
Riyadh – China’s Ori Group, a leading company in the fields of culture and creativity, announced the opening of its regional headquarters in Saudi Arabia during the Cultural Investment Conference, organized by the Ministry of Culture at the King Fahad Cultural Center in Riyadh. The investment, valued at more than SAR 2 billion, reflects the Group’s commitment to expanding its presence in the region and contributing to the development of the cultural and creative sectors in the Kingdom. The new headquarters will serve as a hub for investment across five key sectors: film, education, fashion, tourism, and cultural events. Through…
Riyadh, Kingdom of Saudi Arabia – Colnaghi, one of the world’s oldest art galleries, and Sarat Investment Holding signed an agreement today with Sarat Inevestments Holding at the Cultural Investment Conference 2025 to open a Colnaghi gallery in Riyadh, which will be its first branch in the Middle East. The investment amounts to SAR 10 million. This step will enhance Colnaghi’s presence in the region and will support the local cultural and artistic market, expanding the Kingdom’s art scene and creating opportunities for greater investment. With the new gallery in Riyadh, Colnaghi aims to bring an advanced cultural and artistic…
Riyadh, Kingdom of Saudi Arabia – The Saudi Ministry of Culture announced today during the Cultural Investment Conference 2025 the signing of a Memorandum of Understanding with Asyad Holding a leading a consortium with Spark Lab Saudi Arabia and Lamar Investment Holding, to develop a prominent multi-purpose cultural landmark in Riyadh. This comes as part of the Ministry’s efforts to enhance private sector investments in the cultural field and to develop flagship projects that strengthen Riyadh’s position as a cultural destination. The MoU focuses on developing a multi-purpose building that will host a talent and business incubator serving various cultural…
Riyadh, – The Cultural Development Fund announced today, during the Cultural Investment Conference organized by the Ministry of Culture at the King Fahad Cultural Center in Riyadh, Under the patronage of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, the launch of its first-of-its-kind Co-Lending financing product in collaboration with the private sector, with a total value of over SAR 1billion. The new product brings together the Cultural Development Fund and leading financial institutions in the Kingdom, including Lendo, Manafa, Raya Financing, Al Raeda Financing Company, and Abdul Latif Jameel Finance. By…
Riyadh, – Under the patronage of His Highness Prince Bader bin Abdullah bin Farhan Al Saud, Minister of Culture and Chairman of the Board of Directors of the Cultural Development Fund, CDF today signed an agreement to establish the Kingdom’s first dedicated investment fund in the fashion sector, with a total capital of SAR 300 million. The announcement was made during the Cultural Investment Conference organized by the Ministry of Culture at the King Fahad Cultural Center in Riyadh, held under the patronage of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister.…
Riyadh, Saudi Arabia Audi Capital, a regional asset and wealth management firm operating in Saudi Arabia since 2006, announces today, at the inaugural Cultural Investment Conference in Riyadh, the launch of the CMA-regulated Audi Capital MENA Art Fund (the “Fund”), the first regulated art fund in Saudi Arabia and the broader MENA region. Any subscription to this Fund remains open exclusively to Institutional and Qualified Clients in accordance with the Terms and Conditions of the Fund issued by Audi Capital on 15 September 2025. The Fund will primarily invest in modern and contemporary works from established and blue-chip artists from…
Riyadh, October 2 -2025: Federal Minister for IT & Telecom Shaza Fatima Khawaja met with His Excellency Abdullah bin Sharaf Al-Ghamdi, President of the Saudi Data and Artificial Intelligence Authority (SDAIA). The meeting focused on exploring avenues of cooperation between the two countries in multiple sectors. Held on the sidelines of the Pakistan-Saudi Arabia Technology Cooperation Forum, the discussion emphasized strengthening collaboration in the context of Saudi Vision 2030 and Pakistan’s National AI Policy 2025. The talks included exploring Saudi Arabia’s “One Million Saudis in AI” initiative for capacity building and agreeing on cooperation to achieve Pakistan’s target of training…
Manchester: A suspected terrorist attack at a Jewish place of worship in Manchester has left two people dead. The suspect was also killed by police gunfire. Reports indicate that a car drove into a crowd, leaving three people in critical condition. During the attack, a security guard was stabbed, prompting the police to call in the bomb disposal unit. Videos of police gunfire have gone viral on social media. UK Prime Minister Keir Starmer has convened an emergency COBRA meeting, and additional police forces have been deployed at synagogues across the country.