Riyadh: The Gulf Cooperation Council Interconnection Authority (GCCIA) and the Electric Power Research Institute (EPRI) today signed a strategic amendment to their framework agreement to enhance the resilience of power grids and support their readiness for the evolving energy landscape. According to Saudi Press Agency, the new amendment expands cooperation
Riyadh: Nonprofit sector revenues for 2024 rose to SAR73.1 billion, marking a 22% increase compared with 2023. Expenditures grew to SAR60.8 billion, up 17%, while compensation of employees reached SAR28.9 billion, up 13% from 2023, according to the General Authority for Statistics (GASTAT). According to Saudi Press Agency, GASTAT data
Brussels: Minister of State for Foreign Affairs, Cabinet Member, and Climate Envoy Adel Al-Jubeir engaged in discussions with Member of the European Parliament Hannah Neumann during an official visit to the Kingdom of Belgium. According to Saudi Press Agency, the meeting focused on reviewing international developments and issues of mutual
Riyadh: Vice Minister of Industry and Mineral Resources for Industrial Affairs Khalil bin Salma has reviewed the sector’s key targets and the major transformations achieved over the past few decades. He noted the expansion of the Kingdom’s industrial base from 500 factories between 1970 and 1980 to 2,000 by 2000,
Riyadh: The Ministry of Investment, the strategic sponsor and investment partner of the fourth edition of Black Hat Middle East and Africa 2025, announced a package of investments in the cybersecurity sector. The announcement came during the event, organized by the Saudi Federation for Cybersecurity, Programming, and Drones at the
Riyadh: Governor of General Authority for Military Industries (GAMI) Eng. Ahmed bin Abdulaziz Al-Ohali highlighted during the Budget Forum 2026 that the military industries sector in the Kingdom has significantly transformed due to Vision 2030. This initiative has bolstered national security, supported the economy, and created job opportunities, with local