COP28: Saudi Arabia’s Red Sea economy shifts to regeneration

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

US stock rally could wobble if tensions spike after Red Sea attacks

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

US stock rally could wobble if tensions spike after Red Sea attacks

Experts laud Saudi private sector’s efforts in advancing sustainable development DUBAI: Experts on Sunday highlighted the positive role the private sector is playing in advancing sustainable development in Saudi Arabia. The progressive picture emerged through a series of panel discussions held at the Saudi Pavilion on the fourth day of the 2023 UN Climate Change … Read more

Naomi Campbell stuns at Red Sea film premiere of ‘The Absence of Eden’

DUBAI: There are two things that cinema can do better than any other form of artistic expression. First, it allows us to immerse ourselves in parts of the world we’ve never seen, and second, it empowers us to empathize with people we’ve never met. Tunisian megastar Dhafer L’Abidine’s lyrical directorial effort “To My Son,” which … Read more

Johnny Depp praises Saudi Arabia’s emerging film landscape at the Red Sea International Film Festival

JEDDAH: The ongoing Red Sea International Film Festival played host to Hollywood star Johnny Depp as he graced the MENA premiere of “Jeanne Du Barry,” a French historical drama directed by French actress and filmmaker Maïwenn, who also stars in the film. The festival’s second day unfolded with the screening of this opulent portrayal of … Read more

Red Sea film fest celebrates ‘Women in Cinema’ with global stars 

RIYADH: From Nov. 30 to Dec. 16, Noor Riyadh, the largest annual light art festival in the world, returns for its third edition, boasting 120 large-scale works from 100 contemporary artists from over 35 countries. The festival lets every visitor follow the map to glowing artworks within each location, with pieces spread not just across Riyadh, … Read more

Saudi Arabia’s Red Sea Global looks to lead in sustainable, regenerative tourism at COP28

LONDON: Saudi Arabia’s Red Sea Global is looking forward to showcasing the role of tourism development in the environment at the UN Climate Change Conference (COP28) this week. John Pagano, the chief executive officer of RSG, told Arab News: “Our aim is to help lead by example and demonstrate how tourism development can play a … Read more

Red Sea Global nursery cultivates over 5m plants 

RIYADH: Leaders and industry experts have gathered at the Global Healthspan Summit this week to turn a spotlight on promises to revolutionize views on aging, life expectancy, and healthspan science.   Issues related to chronic diseases and socioeconomic disparities because of inequalities and other factors will be among topics discussed at the event, organized by … Read more

Oil Updates – prices slightly higher as OPEC+ awaited, Black Sea storm disrupts supply

TOKYO/SINGAPORE: Oil edged higher on Wednesday as investors turned cautious ahead of a crucial meeting of the Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, to decide output policy in the coming months, while a supply disruption caused by a storm in the Black Sea provided a lift for prices, according to Reuters. … Read more

Iran denies involvement in Red Sea ship seizure by Yemen’s Houthis

DUBAI: Iran denied Israeli claims that it was involved in the seizure of a British-owned and Japanese-operated cargo ship in the southern Red Sea by Yemen’s Houthis, foreign ministry spokesperson Nasser Kanaani said on Monday at a press conference. “We have said multiple times that resistance groups in the region act independently and spontaneously based … Read more