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Saudi Arabia to turn 3m tonnes of waste into fuel annually with new management project

Saudi Arabia is set to process approximately 3 million tonnes of municipal solid waste annually to produce refuse-derived fuels in six governorates following a new agreement. The new plastic waste management project, a collaboration between MVW Lechtenberg and Partner, a German environmental consulting firm, and Norwegian solution provider Empower, is expected to reduce carbon emissions by approximately 1,791,300 […]

Saudi Local Content Coordination Council achieves 47% domestic content rate – latest figures

Saudi companies that are members of the Local Content Coordination Council sourced 47.22 percent of their purchases domestically in 2022, latest data showed. A statement released by the Local Content and Government Procurement Authority attributes this figure to the building of effective partnerships between government agencies and the private sector, as well as several initiatives, […]

PIF’s revenue soars 100% to $88.3bn, latest figures show

Saudi Arabia’s sovereign wealth fund has reported strong financial results for 2023, achieving revenues of SR331 billion ($88.3 billion) from its diverse investment portfolio, marking over 100% percent growth from 2022. Demonstrating robust returns and significant progress toward its long-term objectives, the Public Investment Fund has released its consolidated financial statements for the year ending […]

Saudi, Bangladeshi foreign ministers chair political consultations in Riyadh

The foreign ministers of Saudi Arabia and Bangladesh chaired a second round of political consultations between the two countries on Monday, Saudi Press Agency reported. Prince Faisal bin Farhan and Hasan Mahmud discussed strengthening bilateral and political relations and intensifying bilateral and multilateral coordination on issues of common concern. Prince Faisal also held a luncheon […]

OIC holds international symposium on Jerusalem, Gaza war in Jeddah

The Organization of Islamic Cooperation held an international symposium on Jerusalem and the Gaza war at the organization’s headquarters in Jeddah on Monday. Organized in conjunction with the Committee on the Exercise of the Inalienable Rights of the Palestinian People, the symposium was titled: “Jerusalem and the Gaza War: Palestinian Identity and Existence Under Threat […]

Private sector establishments must update branch data through ‘Qiwa’ platform

The Ministry of Human Resources and Social Development has called on private sector establishments to update their branch location data using the “Establishment Location Management” service available on the Qiwa platform. The initiative aims to maintain an accurate and up-to-date database, enhance transparency, facilitate oversight, ensure compliance with regulations, improve operational efficiency and strengthen comprehensive […]

Flynas launches Saudi Arabia’s first sign language training program for cabin crew

Air carrier Flynas has launched Saudi Arabia’s first program to train airline cabin crew in sign language. According to a recent report by Saudi Press Agency, the program is being implemented in collaboration with the Saudi Association for Hearing Impairment, and is part of Flynas’ efforts to adopt sustainable initiatives that positively impact society.   […]

Saudi foreign affairs deputy minister receives Austria’s new envoy

Saudi Arabia’s Deputy Minister for Political Affairs Saud Al-Sati on Wednesday received Austrian Ambassador Oskar Wustinger in Riyadh. Al-Sati welcomed the recently appointed envoy and wished him success in his new role, the Foreign Ministry reported on X. On Tuesday, Al-Sati met Russian Ambassador Sergey Kozlov, with whom he discussed relations between the two countries […]

Saudi pavilion inaugurated at the 2024 Seoul International Book Fair’s

Saudi Arabia on Wednesday inaugurated its pavilion as the guest of honor at the 2024 Seoul International Book Fair, which is being held from June 26-30, the Saudi Press Agency reported. Held at the Convention and Exhibition Complex south of the Korean capital, SIBF’s 66th edition is a celebration Saudi culture, with the Kingdom’s pavilion […]