AD DIRIYAH, Saudi Arabia, December 16, 2018 – The ‘Saudia’ Ad Diriyah E-Prix and accompanying events, such as concerts with international artists like Black Eyed Peas, marked several firsts for Saudi Arabia. For example, spectators from out of country were able to obtain a tourist visa to attend the event that took place between December…
Da Costa (BMW I Andretti Motorspor) beat Frenchman Jean-Eric Vergne (DS Techeetah) who came in second position while the third place went to Belgian Jerome d’Ambrosio (Mahindra Racing) AD DIRIYAH, Saudi Arabia, December 15, 2018 – Antonio Felix da Costa of Portugal (for BMW I Andretti Motorsport) won the inaugural Saudia Ad Diriyah E…
RIYADH, December 14, 2018: Global music stars Jason Derulo and Enrique Iglesias performed before a large crowd of enthusiastic fans in Saudi Arabia on Thursday evening as the lights turned green for the Formula E festival of fun surrounding the 2018 ‘Saudia’ Ad Diriyah E-Prix. The American R&B star Derulo belted out global hits in…
Saudis and expatriates were treated to a musical extravaganza on Thursday as global superstar Enrique Iglesias and R&B and pop sensation Jason Derulo staged a concert on the opening day of Formula E at the UNESCO heritage site of Ad Diriyah in Riyadh. The electric performance was a fitting tribute to Formula E’s Middle East…
HRH Crown Prince breaks ground for Energy Park with multinational companies Investors and tenants signing agreements to invest and establish operations Energy Park will occupy a total of 50 square kilometers Phase 1 investment expected to reach $1.6 billion When operational, the project is expected to contribute more than $6 billion to Saudi Arabia’s GDP…
* Creating a world-class facility in the heart of a UNESCO World Heritage Site – how Saudi Arabia has embraced forward-looking Formula E * ‘We did not touch on the restricted UNESCO area -’ Samer Issa-El-Khoury, Managing Partner at global motorsport promoter and organizer CBX When the ‘lights go green in Ad Diriyah, Saudi…
Buenos Aires, Dec 1, 2018, SPA – Kingdom of Saudi Arabia joins today the G20 Troika, a three-member country committee chaired by Japan, the current Presidency, Argentina, the previous Presidency, and Saudi Arabia, the future Presidency in 2020, said a G20 press release issued today. The press release added that the Troika was established to…
David Parker Executive Director for Financial Services, Bahrain Economic Development Board The Argentine Presidency of the G20 has prioritised the ‘future of work’as a central focus over the next year, signalling that major powers are coming to terms with the profound implications of enormous change on global labour markets. The emergence of new technologies has…
Adnan Ahmed Yousif P&CE of Al Baraka Banking Group and former Chairman of the Board of Directors of the Union of Arab Bank It took more than 40 years for Islamic finance to become a global asset class. I am proud to have been part of this journey as the industry fast approaches the $3-trillion…
RIYADH, November 29, 2018 – For the first time in its 86-year history, Saudi Arabia has opened the doors to labour courts aimed at organising the labour market, protecting workers and boosting investment. The labour courts are just the latest in the types of specialised courts launched by the Kingdom. The labour courts – to be fully…