Saudi Green Initiative forum showcases Saudi Arabia on the road to net zero

DUBAI: Saudi Arabia has quadrupled its renewable connected capacity in the last two years as part of its acceleration toward reaching net zero by 2060, according to the minister of energy.  During the inauguration of the third edition of the Saudi Green Initiative Forum, held on the sidelines of the 2023 UN Climate Change Conference, … Read more

Day 5 of COP28: Saudi Green Initiative Forum begins

DUBAI: The Saudi Green Initiative Forum (SGI Forum) kicked off on Monday as COP28 continues to mobilize world leaders towards serious action against climate change. Held under the slogan “From Ambition to Action”, the 3rd edition of the forum will discuss critical sustainability, primarily energy transition, protecting the seas, and unlocking climate finance to enable … Read more

Innovative private sector must play its part in energy transition, business forum told at COP28

DUBAI: The private sector can no longer be on the periphery of energy transition efforts, Commonwealth Secretary-General Patricia Scotland has insisted on the sidelines of the UN Climate Change Conference.   Speaking at the Business Philanthropy Climate Forum — a first-of-its-kind event held alongside COP28 in Dubai — Scotland appealed directly to commercial enterprise leaders to … Read more

Sheikh Mohamed bin Zayed Al-Nahyan, King Charles III open COP28 Business and Philanthropy Climate Forum

Huawei summit builds bridge for business growth in Middle East and Africa for global partners The HDC·Together Huawei MEA Ecosystem Summit, held in Dubai, showcased a seamless fusion of collaboration and innovation. The first day of the exclusive event was on Nov. 27 at the illustrious Dubai Opera. It brought together Huawei Ecosystem partners from … Read more

International Diriyah Forum to promote cultural heritage 

RIYADH: The Saudi Ministry of Foreign Affairs on Thursday released a joint statement on the visit of President of Brazil Luiz Inacio Lula da Silva to the Kingdom and the shared areas the two countries aim to enhance cooperation in. On Tuesday, Crown Prince Mohammed bin Salman received Lula at Al-Yamamah Palace in Riyadh. The … Read more

Business & Philanthropy forum to highlight inclusive approach for equitable climate solutions

DUBAI: As global leaders converge on Dubai to attend the UN COP28 to discuss ways to mitigate the effects of climate change and strategies, there are calls for cross-border collaboration ensuring inclusivity to achieve common goals. To effectively highlight these aspects of climate activism, the first-of-its-kind Business and Philanthropy Climate Forum has been organized with … Read more

Saudi Arabia to spearhead green development vision with forum during COP28

RIYADH: Saudi Arabia is committing itself to a sustainable and green future through a variety of initiatives, with one of the most high-profile set to be held at the upcoming climate conference in Dubai. Alongside the UN’s COP28 summit, the Kingdom will host the third edition of the Saudi Green Initiative Forum on Dec. 4 … Read more

Jazan Investment Forum to showcase Saudi ‘food basket’ region

RIYADH: The digital economy infrastructure in Saudi Arabia is set to receive a boost with the launch of open data programs, including the introduction of the National Data Index, also known as Nudei, during the Saudi Data Forum in Riyadh.   The event also saw the launch of upgraded versions of the Open Data Platform and … Read more

Saudi Green Building Forum to affirm commitment to sustainability at COP28

RIYADH: Saudi Arabia’s Tadawul All Share Index closed at 11,080.74 points on Monday, marking a decrease of 9.68 points, or 0.09 percent.  Simultaneously, the parallel market, Nomu, concluded at 24,259.32, registering a drop of 98.78 points or 0.41 percent. The MSCI Index also slipped by 2.12 points to settle at 1,425.70, a drop of 0.15 percent.    By the day’s end, the main index posted a trading value of SR5.08 billion ($1.3 billion) with 80 stocks advancing and 129 declining. Meanwhile, Nomu reported a trade volume of SR14.7 million. … Read more

SGI to host third edition of forum during COP28

RIYADH: China maintained its position as Saudi Arabia’s primary trading partner in September, dominating both exports and imports, according to the latest data released by the General Authority of Statistics. The trade surplus with China soared to SR6.67 billion ($1.78 billion), reflecting a 257 percent surge compared to August. During this period, Saudi Arabia recorded … Read more