Latest news with #FaisalAl-Khamisi


Gulf Insider
04-07-2025
- Business
- Gulf Insider
Riyadh to Host Cityscape Global 2025 Expo
Riyadh will welcome the world's largest real estate exhibition, Cityscape Global, from November 17–20, 2025 at the Exhibition and Convention Centre in Malham. Under the banner 'The Future of Urban Living,' the event is co-sponsored by the Ministry of Municipalities and Housing, the Real Estate General Authority (REGA), and the Housing Program (a Vision 2030 initiative), and organised by Tahaluf. It follows rising interest in the Saudi real estate sector and deals worth more than $61bn at the expo last year. Projected footfall: More than 172,000 delegates spanning the entire real estate value chain More than 172,000 delegates spanning the entire real estate value chain Exhibitors and speakers: More than 450 exhibitors and 500 industry-leading speakers More than 450 exhibitors and 500 industry-leading speakers International delegates: More than 20,000 in 2024 from 121 countries and over 70 international developers showcased last year Minister of Municipalities and Housing Majed Al-Hogail stated: 'The 2025 edition of Cityscape Global represents a significant opportunity to forge new partnerships and strengthen collaboration as we pursue the ambitious objectives of Vision 2030. 'This exhibition plays a crucial role in supporting our efforts to develop integrated urban communities, improve the quality of life for citizens and residents, and drive sustainable economic growth.' Cityscape Global has become a barometer of Saudi Arabia's rapid urban transformation and its Vision 2030 objectives. The 2025 edition will: Forge new partnerships: Dedicated VIP networking streams for institutional investors and global developers Drive innovation: The Future of Living Summit spotlights AI, PropTech, and sustainable urban design in smarter cities Bridge disciplines: The DnA (Developers & Architects) Stage offers hands-on insights into human-centric planning, sustainable retrofits, and cutting-edge construction techniques Empower startups: The Innovation Arena hosts the Cityscape Innovation Challenge and Future Leaders Hackathon, showcasing next-gen real estate technologies Chairman of the Saudi Federation for Cybersecurity, Programming and Drones and a founding partner of Tahaluf Faisal Al-Khamisi said: 'This year, we aim to leverage the outstanding successes achieved by Cityscape Global in its previous editions. 'Particularly what was recorded in 2024 in terms of the value of transactions and the increase in global participation, with the total deals exceeding the value of $61bn, and participating countries reaching 121; reflecting the growing global significance of this exhibition, which continues to establish its international presence as one of the most important platforms for conducting real estate business deals in this sector.' ESTAAD, co-located with Cityscape Global, connects the entire sports and entertainment infrastructure ecosystem, providing an opportunity to gain insights from sports federations, expo organizers, Olympic committees, celebrity athletes, top architects, and venue operators. The third edition features impressive international participation, with prominent countries including the United States, China, India, the United Kingdom, Italy, the UAE, Qatar, and Jordan. Also Read: Saudi Ministry Of Hajj And Umrah Announces Fines And Suspensions


Arab News
22-03-2025
- Business
- Arab News
barq achieves new heights in financial services through strategic collaboration with Western Union
barq has announced a strategic partnership with Western Union, a global leader in international money transfers. This collaboration aims to redefine remittance services in the Kingdom, enabling millions of users to send and receive money through the barq app with unmatched ease and security. By combining Western Union's extensive global payment network with barq's advanced financial technology, users can now enjoy immediate access to international money transfer services directly within the barq app. This partnership aligns seamlessly with the goals of Saudi Vision 2030, which focuses on accelerating digital transformation and fostering financial inclusion across the Kingdom. Through this integration, barq users will benefit from enhanced convenience, faster transactions, and the ability to send money globally with a trusted, world-class partner. The partnership ensures secure international transfers at competitive rates while significantly reducing the time and effort required, thanks to Western Union's network spanning over 200 countries. Faisal Al-Khamisi, chairman of barq, stated: "This partnership represents a new strategic step that positions barq at the forefront of financial innovation. It aligns with the Kingdom's Vision 2030, which aims to accelerate digital transformation and promote financial inclusion. At barq, we believe that providing advanced financial solutions is not limited to offering payment services alone but extends to transforming the user experience. This is what we are achieving today through this integration, which provides easy, fast, and secure international remittance services to millions of users, strengthening barq's position as one of the most important players in the digital financial sector." This partnership underscores barq's commitment to financial empowerment and innovation, solidifying its position as a leading digital financial services company in Saudi Arabia. Notably, barq is the fastest-growing digital wallet in the Kingdom, boasting over three million satisfied users in record time since its launch. It continues to enhance user experiences and deliver world-class financial services through groundbreaking partnerships and alliances.


Asharq Al-Awsat
13-02-2025
- Business
- Asharq Al-Awsat
LEAP25 Concludes in Riyadh with Multibillion-Dollar Investments
The fourth annual LEAP25 conference, the region's premier technology event, concluded on Wednesday after it marked another success for Saudi Arabia as a global hub for investments in artificial intelligence (AI), infrastructure, and cloud computing, with total investments exceeding $14.9 billion. The conference was held at the Riyadh Exhibition and Convention Center in Malham under the theme "Into New Worlds,' reflecting Saudi Arabia's position as a key center for innovation and advanced technologies, as well as its growing role in the digital economy. Its success also reflects the support and empowerment provided to the sector by Prince Mohammed bin Salman bin Abdulaziz, Saudi Crown Prince and Prime Minister, reinforcing the Kingdom's commitment to achieving the goals of the Saudi Vision 2030 and solidifying its global leadership in technology, AI, and entrepreneurship. LEAP is considered a global platform that brings together leading thinkers and practitioners in the digital field, empowering entrepreneurs, fostering innovation in the era of AI, and driving the transition toward a thriving and sustainable digital economy. Saudi Federation for Cybersecurity, Programming, and Drones board Chairman and Tahaluf Company board chairman Faisal Al-Khamisi emphasized that LEAP25 was not just a tech conference but a global platform that hosted its largest edition yet, contributing to innovation, connecting startups with investors, and opening new opportunities for entrepreneurs. He pointed out that the conference was not only about major investments of nearly $15 billion but witnessed dynamic interactions between startups and investors, leading to significant deals and support for new entrepreneurial projects. Al-Khamisi indicated that LEAP has become a global benchmark for the speed of deal-making and project launches, enabling major tech companies to close deals in just a few days—processes that would typically take a year. Additionally, he announced that LEAP will expand beyond the Kingdom, with two editions set for next year—one in Riyadh and another in Hong Kong—further solidifying Saudi Arabia's role as a global hub for digital economy, innovation, and AI.


Zawya
13-02-2025
- Business
- Zawya
LEAP 2025 concludes after witnessing announcements about investments worth $25bln
RIYADH — The fourth edition of the LEAP Technology Conference (LEAP25) concluded its sessions at the Riyadh Exhibition and Convention Center in Malham, drawing significant participation from technology leaders, investors, and international experts. A series of investments and technical launches worth nearly $25 billion were announced during the four days of the global tech event. These announcements and initiatives focused on enhancing innovation in digital infrastructure and developing digital talents, supporting research, development and innovation, artificial intelligence, cloud computing, and enhancing technical infrastructure. Faisal Al-Khamisi, chairman of the Board of Directors of the Saudi Federation for Cybersecurity, Programming and Drones, announced at the end of the event that two editions of LEAP will be held next year, one in Riyadh and the second one in Hong Kong. The final day of the conference featured a series of sessions on topics such as women leading tech innovation and harnessing the power of artificial intelligence (AI) in business, alongside other discussions on AI and digital transformation. Held from February 9 to 12, the event highlighted cutting-edge digital innovations, sustainability, the knowledge economy, and the role of technology in reshaping key industries. The conference attracted a diverse group of experts and innovators from around the world, all convening to explore the latest technological advancements and shape the future of critical sectors. This year's conference aligns with the Kingdom's efforts to strengthen its leadership in technology and innovation. © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (


Saudi Gazette
12-02-2025
- Business
- Saudi Gazette
LEAP 2025 concludes after witnessing announcements about investments worth $25 billion
Saudi Gazette report RIYADH — The fourth edition of the LEAP Technology Conference (LEAP25) concluded its sessions at the Riyadh Exhibition and Convention Center in Malham, drawing significant participation from technology leaders, investors, and international experts. A series of investments and technical launches worth nearly $25 billion were announced during the four days of the global tech event. These announcements and initiatives focused on enhancing innovation in digital infrastructure and developing digital talents, supporting research, development and innovation, artificial intelligence, cloud computing, and enhancing technical infrastructure. Faisal Al-Khamisi, chairman of the Board of Directors of the Saudi Federation for Cybersecurity, Programming and Drones, announced at the end of the event that two editions of LEAP will be held next year, one in Riyadh and the second one in Hong Kong. The final day of the conference featured a series of sessions on topics such as women leading tech innovation and harnessing the power of artificial intelligence (AI) in business, alongside other discussions on AI and digital transformation. Held from February 9 to 12, the event highlighted cutting-edge digital innovations, sustainability, the knowledge economy, and the role of technology in reshaping key conference attracted a diverse group of experts and innovators from around the world, all convening to explore the latest technological advancements and shape the future of critical sectors. This year's conference aligns with the Kingdom's efforts to strengthen its leadership in technology and innovation.