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Saudi Arabian Teenagers Eliminated from Asia and World Cups

Saudi Arabia crashed out of the Asian Football Confederation’s U-17 Asia Cup on Monday with a 2-0 quarterfinal loss to Uzbekistan that also ended their chances of appearing at the FIFA U-17 World Cup later this year.
Business

“Food Show in Riyadh: Saudi Arabia and Oman Sign Multiple MoUs”

RIYADH: Reflecting the strengthening of economic and investment ties between Riyadh and Muscat, Omani companies signed multiple contracts and memoranda of understanding at the Saudi Food Show held last week.   Oman, represented by the Public Establishment for Industrial Estates, or Madayn, had fruitful bilateral discussions with key company executives, investors, commercial agents and suppliers from Saudi Arabia at the event held in Riyadh. 
Business

“Growing Venture Capital Scene in Saudi Arabia”

CAIRO: Silicon Valley-based investor Plug and Play Tech Center, renowned for its early investments in successful firms such as Dropbox and PayPal, is seeking to raise $100 million to support Saudi startups, Bloomberg reported.  The venture capital firm is in discussions with Jada, a $1 billion fund of funds established by Saudi Arabia’s sovereign wealth fund the Public Investment Fund, to collaborate on this initiative, Saeed Amidi, Plug and Play’s founder and CEO, stated. 
Business

New Electrical Transmission Line Connects Afar, Saudi Arabia to Yusufiya, Iraq

DUBAI: Aiming to step up energy security and usher in a new era in regional cooperation, Prince Saud bin Nayef bin Abdulaziz, the governor of the Eastern Province, inaugurated an electrical interconnection project between the Gulf Cooperation Council Interconnection Authority and Iraq. Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman said the connection was a dream turned reality, in an interview with Al-Arabiya. He said this landmark deal could achieve tangible economic benefits and enhance energy security.
News

“Top 5 Model Nations for Arab Youth: Saudi Arabia Ranks High – 15th ASDA’A BCW Survey”

DUBAI: Arab youth across the Middle East and North Africa (MENA) now say Saudi Arabia is one of the five countries in the world they would most like their own nation to be like, according to the 15th annual ASDA’A BCW Arab Youth Survey. The ASDA’A BCW Arab Youth Survey, the largest study of its kind, surveyed youth — men and women aged 18 to 24 — across the Middle East, adding South Sudan this year, on their views, hopes and fears.
Business

Saudi Arabia’s Food Industry Attracts $61.8 Million in Investments

RIYADH: Chocolate, yogurt and fish production in Saudi Arabia will increase after investment deals worth SR232 million ($61.8 million) were signed by the Saudi Authority for Industrial Cities and Technology Zones. The organization, also known as MODON, has awarded seven contracts covering 99,400 sq. meters which will primarily benefit the Kingdom’s food and beverage sector.
sport

Abdullah Al-Qahtani to Make Professional Fighters League Debut in Atlanta, Saudi Arabia

On Friday night Abdullah Al-Qahtani will step into the ring in Atlanta proudly wearing Saudi Arabia’s colors on the international stage, in the most high-profile bout of his career. The 24-year-old fighter from Riyadh will take on Lamar Brown of the US at the Overtime Elite Arena in the Featherweight category of Professional Fighters League, which is second only to Ultimate Fighting Championship in popularity among mixed martial arts fans globally.
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