Royal Commission for Jubail and Yanbu

FUTURE INVESTMENT INITIATIVE INSTITUTE ANNOUNCES ITS LIST OF GLOBAL PARTNERS AHEAD OF THE FII7 CONFERENCE

Retrieved on: 
Tuesday, October 24, 2023

RIYADH, Saudi Arabia, Oct. 24, 2023 /PRNewswire/ -- Leading global organisations from business, academia and public policy are supporting an ongoing programme of research, investment and platforms to address global challenges including economic stability and growth, equitable development, climate change investment, the environment, and the acceleration of technologies including AI, and their impact on education and health. 

Key Points: 
  • FII Institute announces its list of partners, representing leading global organizations from business, academia, and public policy sectors.
  • This year's activities will culminate in three days of focused discussion about challenges facing humanity to take place in Riyadh between 24-26 October during the FII7 conference.
  • The line up of FII Institute partners for 2023 is stronger than ever before.
  • Richard Attias, CEO of the Future Investment Initiative Institute said:
    "Our partners are what make the FII Institute community so impactful.

FUTURE INVESTMENT INITIATIVE INSTITUTE ANNOUNCES ITS LIST OF GLOBAL PARTNERS AHEAD OF THE FII7 CONFERENCE

Retrieved on: 
Tuesday, October 24, 2023

RIYADH, Saudi Arabia, Oct. 24, 2023 /PRNewswire/ -- Leading global organisations from business, academia and public policy are supporting an ongoing programme of research, investment and platforms to address global challenges including economic stability and growth, equitable development, climate change investment, the environment, and the acceleration of technologies including AI, and their impact on education and health. 

Key Points: 
  • FII Institute announces its list of partners, representing leading global organizations from business, academia, and public policy sectors.
  • This year's activities will culminate in three days of focused discussion about challenges facing humanity to take place in Riyadh between 24-26 October during the FII7 conference.
  • The line up of FII Institute partners for 2023 is stronger than ever before.
  • Richard Attias, CEO of the Future Investment Initiative Institute said:
    "Our partners are what make the FII Institute community so impactful.

Guangzhou Development District holds 2023 Saudi (Jazan) Special Investment Promotion and Exchange Forum

Retrieved on: 
Thursday, September 28, 2023

GUANGZHOU, China, Sept. 28, 2023 /PRNewswire/ -- On September 25, 2023 Saudi (Jazan) Special Investment Promotion and Exchange Forum was held in Guangzhou Development District, also known as Huangpu District, situated in southern China.

Key Points: 
  • GUANGZHOU, China, Sept. 28, 2023 /PRNewswire/ -- On September 25, 2023 Saudi (Jazan) Special Investment Promotion and Exchange Forum was held in Guangzhou Development District, also known as Huangpu District, situated in southern China.
  • This exchange meeting between China and Saudi Arabia constituted the inaugural event following the visit of Guangdong delegation to Saudi Arabia in early September.
  • Xuzhuang Biotech Co., Ltd., based in Guangzhou Development District, recently signed a cooperation agreement with a Saudi agent.
  • In 2022, 76 new overseas investment projects were initiated in the Guangzhou Development District, leading Guangzhou in terms of volume.

Guangzhou Development District holds 2023 Saudi (Jazan) Special Investment Promotion and Exchange Forum

Retrieved on: 
Thursday, September 28, 2023

GUANGZHOU, China, Sept. 27, 2023 /PRNewswire/ -- On September 25, 2023 Saudi (Jazan) Special Investment Promotion and Exchange Forum was held in Guangzhou Development District, also known as Huangpu District, situated in southern China.

Key Points: 
  • GUANGZHOU, China, Sept. 27, 2023 /PRNewswire/ -- On September 25, 2023 Saudi (Jazan) Special Investment Promotion and Exchange Forum was held in Guangzhou Development District, also known as Huangpu District, situated in southern China.
  • Xuzhuang Biotech Co., Ltd., based in Guangzhou Development District, recently signed a cooperation agreement with a Saudi agent.
  • In 2022, 76 new overseas investment projects were initiated in the Guangzhou Development District, leading Guangzhou in terms of volume.
  • Caption: Guangzhou Development District holds 2023 Saudi (Jazan) Special Investment Promotion and Exchange Forum.

Chinese Biotech Companies Making Inroads in the Middle East: A Strategic Move

Retrieved on: 
Monday, June 12, 2023

HONG KONG, June 12, 2023 /PRNewswire/ -- KPMG China recently led a delegation of Chinese biotech companies to explore opportunities in the rapidly emerging Middle East market.

Key Points: 
  • HONG KONG, June 12, 2023 /PRNewswire/ -- KPMG China recently led a delegation of Chinese biotech companies to explore opportunities in the rapidly emerging Middle East market.
  • During the five-day event, representatives from 14 Chinese biotech innovators, including founders, chairmen, CEOs, and scientists, visited prominent institutions in the UAE and Saudi Arabia.
  • The conference also facilitated discussions on the lucrative opportunities available to Chinese biotech innovators in the Middle East and beyond.
  • Going forward, KPMG China will continue exploring opportunities for local biotech companies to venture into other burgeoning regions, including the ASEAN region and South America.

Saudi Arabia Metaverse Market Intelligence Report 2023: Market to Reach $5.414 Billion by 2030 from $1.156 Billion in 2022 - Millions of Dollars Invested into the Development of Metaverse Projects - ResearchAndMarkets.com

Retrieved on: 
Monday, April 24, 2023

Metaverse industry in Saudi Arabia is expected to grow by 37.1% on an annual basis to reach US$1,585.8 million in 2023.

Key Points: 
  • Metaverse industry in Saudi Arabia is expected to grow by 37.1% on an annual basis to reach US$1,585.8 million in 2023.
  • The Metaverse industry is expected to grow steadily over the forecast period, recording a CAGR of 31.0% during 2023-2030.
  • The Metaverse Spend Value in the country will increase from US$1,156.3 million in 2022 to reach US$5,414.3 million by 2030.
  • Saudi Arabia is expected to emerge as a key player in the global metaverse sector over the next few years.

Saudi Arabia's Minister of Industry and Mineral Resources Inspects Multi-Billion Riyal Projects in Ras Al-Khair Industrial City

Retrieved on: 
Monday, March 20, 2023

It is expected to contribute more than 100 billion riyals to the GDP, creating over 41,000 direct and indirect job opportunities.

Key Points: 
  • It is expected to contribute more than 100 billion riyals to the GDP, creating over 41,000 direct and indirect job opportunities.
  • Khaled Al-Salem, and His Excellency the Vice Minister of Industry and Mineral Resources for Mining Affairs, Eng.
  • The visit also aimed to ensure the readiness of announced projects within a partner program, promote investment opportunities, and attract qualitative investments to the city.
  • It is also home to several Shareek projects, which aim to enhance public and private sector partnerships.

Saudi Arabia's Minister of Industry and Mineral Resources Inspects Multi-Billion Riyal Projects in Ras Al-Khair Industrial City

Retrieved on: 
Monday, March 20, 2023

It is expected to contribute more than 100 billion riyals to the GDP, creating over 41,000 direct and indirect job opportunities.

Key Points: 
  • It is expected to contribute more than 100 billion riyals to the GDP, creating over 41,000 direct and indirect job opportunities.
  • Khaled Al-Salem, and His Excellency the Vice Minister of Industry and Mineral Resources for Mining Affairs, Eng.
  • The visit also aimed to ensure the readiness of announced projects within a partner program, promote investment opportunities, and attract qualitative investments to the city.
  • It is also home to several Shareek projects, which aim to enhance public and private sector partnerships.

Saudi Arabia Participates in the World Economic Forum 2023 Annual Meeting with High-Level Delegation

Retrieved on: 
Wednesday, January 11, 2023

A high-level delegation from the Kingdom of Saudi Arabia is set to participate in the World Economic Forum (WEF) Annual Meeting 2023 in Davos, Switzerland, to enhance international cooperation and design joint solutions to today’s geopolitical, social, economic, and human development challenges.

Key Points: 
  • A high-level delegation from the Kingdom of Saudi Arabia is set to participate in the World Economic Forum (WEF) Annual Meeting 2023 in Davos, Switzerland, to enhance international cooperation and design joint solutions to today’s geopolitical, social, economic, and human development challenges.
  • Returning to its regular winter format after the first summer Forum was hosted in May 2022 due to the COVID-19 pandemic, this year’s Davos session will run between 16-20 January under the theme of “Cooperation in a Fragmented World”.
  • The Saudi delegation will highlight the need to invest in transformative solutions to urgent transnational challenges, fortify the resilience and connectivity of critical trade and supply chains, and emphasize the importance of inclusive energy security for all.
  • With Saudi Arabia emerging as the fastest growing G20 economy in 2022 with GDP projected to grow 8.5 percent, the Kingdom’s delegation to WEF will discuss how the country addressed challenges posed by the pandemic and share insights into the solutions that helped maintain a robust performance in the face of rising global pressures.

The Future Minerals Forum (FMF) sees 25 Memoranda of Understanding, Joint Ventures and agreements exchanged on its Opening Day

Retrieved on: 
Thursday, January 12, 2023

The signing ceremony was attended by the Minister of Energy, His Royal Highness Prince Abdulaziz bin Salman; the Minister of Investment, His Excellency Engineer Khaled Al-Falih; the Minister of Industry and Mineral Resources; His Excellency Bandar Al-Khorayef, and the Deputy Minister of Industry and Mineral Resources for Mining Affairs, His Excellency Engineer Khaled Al-Mudaifer.

Key Points: 
  • The signing ceremony was attended by the Minister of Energy, His Royal Highness Prince Abdulaziz bin Salman; the Minister of Investment, His Excellency Engineer Khaled Al-Falih; the Minister of Industry and Mineral Resources; His Excellency Bandar Al-Khorayef, and the Deputy Minister of Industry and Mineral Resources for Mining Affairs, His Excellency Engineer Khaled Al-Mudaifer.
  • These agreements and Memoranda of Understanding covered mineral exploration, technology and communications, the application of sustainability standards, localization and rehabilitation, and industrialization in the minerals sector.
  • The signing ceremony also witnessed the handing over of the two exploration licenses for the Khnaiguiyahand Umm Ad Damar sites to the companies that won their licenses.
  • FMF continues to concentrate on how to bridge the gap between demand and supply.