Author: ranaazeem
Riyadh, Octoberr 02, 2025: 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), the CDF today signed an agreement to establish the second dedicated investment fund in the film sector with a total capital of SAR 375 million. The fund will be managed by BSF Capital, with CDF participating as an anchor investor. The announcement was made during the Cultural Investment Conference organized by the Ministry of Culture at the King Fahad Cultural Center in Riyadh, under the patronage…
Riyadh: The 6th edition of the World ESG Summit was successfully held, bringing together experts, leaders, and organizations from Pakistan and around the world. The summit focused on Environmental, Social, and Governance (ESG) goals, aiming to promote sustainable development, reduce carbon emissions, and strengthen economies through innovation. The Pakistani delegation was represented by Adnan Rafique Ahmed and Engineer Javeria Asad, who highlighted IDEC technology in their presentation. According to them, traditional air conditioning systems are major sources of energy waste and carbon emissions, while IDEC provides an eco-friendly and energy-efficient cooling solution. Adnan Rafique Ahmed emphasized that Pakistani youth should…
Riyadh, September 30, 2025 – The King Abdulaziz Center for World Culture (Ithra), an Aramco initiative, participated as a strategic partner in the first-ever Cultural Investment Conference, held under the patronage of His Royal Highness Crown Prince Mohammed bin Salman. Hosted at the King Fahd Cultural Center in Riyadh on September 29–30, the event brought together global cultural leaders, investors, and policymakers to explore opportunities in the Kingdom’s growing cultural sector. During the event, Ithra signed two key Memorandums of Understanding – one with the Saudi Cinema Association, supporting the Kingdom’s growing film industry, including hosting the Saudi Film Festival…
September 30, 2025 – Riyadh, Kingdom of Saudi Arabia The Cultural Assets Group has announced the launch of a private, closed-end investment fund dedicated to the cultural sector in Saudi Arabia, with a total capital of SAR 850 million, including SAR 200 million in financing from the Cultural Development Fund (CDF). The announcement was made during the Cultural Investment Conference 2025, held in Riyadh on September 29–30. The fund will invest across a diverse range of cultural fields, including visual arts, fashion and cultural retail, digital content and experience design, interactive media and production, and emerging technologies. It aims…
By Rana Azeem In Pakistan’s fast-evolving corporate landscape, digital transformation is no longer optional—it’s essential. At the forefront of this change stands Ijlal Jafri, the Group Chief Information Officer (CIO) of Martin Dow Group, one of the nation’s leading pharmaceutical conglomerates. During our conversation, Ijlal Jafri spoke passionately about the role of technology in shaping the future of business. “Our goal,” he explained, “is to make technology an enabler of innovation, not just an operational necessity. Every layer of our organization should feel empowered by the digital tools we provide.” With over 25 years of international experience, Ijlal Jafri brings…
RIYADH, Saudi Arabia – September 29, 2025: The Professional Fighters League (PFL) MENA delivered a thrilling night of mixed martial arts in Riyadh, as the region’s top fighters battled for a place in the 2025 PFL MENA Finals, set for Friday, December 5 in Al Khobar, Saudi Arabia. In the Main Event, Kuwait’s Mohammad Alaqraa (9-1) needed only 21 seconds to secure a spectacular TKO over Egypt’s Ayman Galal (4-2) and punch his ticket back to the Welterweight Finals. Alaqraa, last season’s Welterweight runner-up, ended the contest with a crushing leg kick and will now face Morocco’s Badreddine Diani (10-3),…
Riyadh – Prominent Saudi-based businessman Mohammad Waqas Ahmed hosted a grand dinner in Riyadh in honor of Malik Shahid Awan and Chaudhry Jawad Gujar (visiting from the United States). The gathering was attended by leading members of the Pakistani community and distinguished guests, including Malik Faisal, Lala Salman Khan, Malik Fahad, Haseeb Gondal, Hamza Abbas, Malik Ishtiaq Heera, Imran Awan, and many others. In their remarks, the chief guests highlighted the growing business and investment opportunities in Saudi Arabia, emphasizing that under Saudi Vision 2030, numerous sectors are rapidly expanding and present excellent prospects for Pakistani investors to play a…
The Jeddah Friends Group organized a grand dinner in Taif to honor the distinguished social personality Chaudhry Allah Ditta Warraich. The event was graciously hosted by senior member Shoaib Gondal and drew a large gathering of group members, political figures, and respected community leaders. Among the distinguished guests were Ch. Azhar Abbas Warraich (former Advisor to the Chief Minister of Punjab), Rashid Butt (former Provincial Assembly candidate), Sahib Ranjha, Haji Irfan, Waseq Warraich, as well as Ch. Zahid Gujar, Malik Umar Farooq, Mian Tariq, Ch. Mustafa Gujar, Ch. Noorul Hassan Gujar, Kashif Shehzad, Ejaz Ahmed, Muhammad Abid, Umar Gujar, Nasrullah…
Elite Forum hosted vibrant Saudi National Day celebrations simultaneously in Riyadh and Al-Khobar, drawing large numbers of enthusiastic participants from both cities. The events served as a shining example of national unity, cultural integration, and community togetherness. Riyadh Celebration The Riyadh event was hosted by Engineer Javeria Asad, Founder of Elite Forum, accompanied by team members Nabiha Anwar and Nabiha Asad. In her address, Javeria Asad highlighted the forum’s vision and mission, noting that since 2013, Elite Forum has been dedicated to promoting the social, educational, business, and professional development of the community. Prominent religious scholar Ms. Faiza Umar delivered…
Riyadh, 28 September 2025 – Under the patronage of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, the Ministry of Culture today announced the agenda for the inaugural Cultural Investment Conference 2025, set to take place on 29–30 September at the King Fahd Cultural Center in Riyadh. The landmark event will gather more than 100 distinguished local and international speakers and over 1,500 participants, including policymakers, investors, and leaders from the worlds of culture and finance, to chart bold new pathways for culture as a catalyst of sustainable economic growth. The conference…