Author: Mahdeehassan
Over the past year, both the Tadawul (Saudi Arabia’s stock exchange) and global stock markets have defied persistent skepticism. Looking ahead, global trends will continue to impact investment opportunities, but specific changes are poised to significantly boost the Saudi stock market. Here’s why: Global Trends vs. Regional Trends: The increasing dominance of global trends over regional ones is crucial, as noted by seasoned financial analyst Shakeel Ahmed. As global and U.S. stock markets fluctuate, Tadawul follows suit, a correlation Shakeel Ahmed emphasizes. The statistical measure of correlation coefficients reflects stock volatility, a concept he underscores. Over the past 30 years,…
Paris/Riyadh, May 22, 2024 – Amsa Hospitality and Luxury Hotelschool Paris are proud to announce the signing of a strategic partnership for joint operations in the Kingdom of Saudi Arabia. This collaboration marks a significant step in elevating education within the hospitality sector. Under the new agreement, Luxury Hotelschool Paris will partner with Amsa Hospitality to review and certify training materials and conduct a “train the trainer” program across the Kingdom. This initiative is open to the entire hospitality sector and all interested hoteliers, extending beyond those employed at Amsa Hospitality. Globally recognized for its excellence in teaching and pedagogy,…
Riyadh: In an event held under the patronage of His Excellency the Minister of Tourism, the Saudi Tourism Authority launched the country’s spectacular summer program for 2024, “Saudi Summer is Next Door.” Saudi’s summer program will run for four months until the end of September across seven destinations and includes over 550 exceptional tourism products and more than 150 special offers and packages curated for families and children across different segments like adventure lovers, those looking for luxury retreats and activities, and culture and heritage enthusiasts. Organized by the Saudi Tourism Authority and launched by His Excellency Ahmed Al Khateeb, Minister of Tourism…
A youth delegation from the first batch of graduates of the ‘Young Parliamentarians’ program visited the Kingdom of Bahrain to share experiences and learn about the best parliamentary practices. The visit, organised by Watani Al Emarat Foundation and the Federal Youth Authority, in partnership with the General Secretariat of the Shura Council, was aimed at developing participants’ leadership and political skills. The visit served as a platform for exchanging knowledge, exploring best parliamentary practices and working mechanisms, as well as empowering participants to reach their full potential and contribute substantially to their communities, thereby crafting a bright future for the…
Riyadh, May 2024: Oxford Business Group (OBG) and Eyad Reda Law Firm LLP. (ERLF) have signed a partnership agreement aimed at deepening insights into Saudi Arabia’s evolving legal framework and its impact on the economy, business and investment environment. This collaboration, formalised through a Memorandum of Understanding (MoU), will see ERLF provide valuable insights into the Kingdom’s legal framework for the forthcoming edition of The Report: Saudi Arabia 2024. As OBG’s partner for the legal framework chapter, ERLF will provide in-depth analysis of recent developments and reforms in the Saudi legal and regulatory landscape. The chapter will offer insightful perspectives…
In a region celebrated for its blend of tradition and innovation, Palik is leading the way with its unique approach to footwear. This pioneering British company, recognized as a member of footwear associations, has captured the attention of UAE fashion admirers seeking both style and sustainability. Leading this movement is Saba Donyavi, a visionary entrepreneur driven by a passion for exceptional craftsmanship and cultural fusion. Palik Limited: An Icon of British Excellence Palik Limited, headquartered in the UK, epitomizes British footwear excellence. As a proud member of the British Footwear Association, Palik is renowned for its dedication to craftsmanship, innovation,…
Ford Philanthropy, formerly known as the Ford Fund, brought back its Driving Skills for Life (DSFL) initiative to the Kingdom of Saudi Arabia training 459 students at King Saud University in Riyadh. Now in its 21st year globally, DSFL has provided free training to newly licensed drivers in over 40 countries, with about 5,000 students across the Middle East participating since 2013. DSFL pairs new drivers with professional instructors to focus on five primary driving skills that can help avoid accidents: hazard recognition, vehicle handling, speed management and space management, as well as distracted and impaired driving. “Our purpose is to…
Innovative technology brand TECNO today confirmed that its newest smartphone, the CAMON 30 Series, will receive an outstanding 3 years of Android upgrades (extending to Android 16), along with 3 years of security patch support. This update aims to provide users with lasting technical protection, guaranteeing access to the ongoing updates of Android operating system and essential security updates for years to come. The move underscores TECNO’s firm commitment to fortifying user experience and data security, underlining the brand’s resolve to furnish users with a more robust and secure mobile environment. TECNO continues to provide users with lasting technical protection…
Al Ain: As part of its efforts to provide world-class patient care and enhance holistic community wellness, Burjeel Holdings, a leading super-specialty healthcare services provider in MENA, has launched an advanced Day Surgery Center at the Al Dhahir area in Al Ain. The state-of-the-art Center, the first of its kind in the Al Dhahir area, was inaugurated by His Highness Sheikh Nahyan bin Zayed Al Nahyan, Chairman of the Board of Trustees of the Zayed Charitable and Humanitarian Foundation. The ceremony was attended by His Excellency Humaid Al Neyadi, Director of the Office of the Chairman of the Presidential Court; Her…
Abu Dhabi, UAE: BRED Abu Dhabi, presented by Hypebeast, the region’s neo-culture festival, once again raised the bar with 55,000 festivalgoers attending last month. Bringing an unmatched blend of global performances, innovative fashion and food delights, and exhilarating sports challenges, including the NBA 2K League collaboration, the gathering took place in Abu Dhabi from 24 to 28 April. In partnership with Hypebeast, Brag introduced the annual festival last year to celebrate creativity across music, fashion, art, and sports over five days. This year’s festival featured chart-topping international acts and highlighted diverse regional cultures and inventive concepts from avant-garde global brands.…