Latest news with #RDI
Gulf Insider
26-05-2025
- Business
- Gulf Insider
Saudi Arabia Attracts 25 Global Startups In Research And Innovation
Saudi Arabia has attracted 25 international startups specializing in research, development, and innovation (RDI) as part of its Global Startup Attraction Program, a joint initiative by the Ministry of Investment and the Research, Development, and Innovation Authority. The companies, drawn from strategic sectors, include firms in future health, energy and industry, education and human capital, and environmental sustainability. The majority — 13 firms — focus on future health, while six are in sustainability and basic needs, and three each in education and energy. The program is designed to increase private sector participation in RDI, support talent development, and create high-skilled jobs. The targeted outcomes by 2030 include generating over SR25 billion in total market value and creating more than 7,000 jobs, with three of the companies expected to reach unicorn status. The startups represent 12 countries, including the United States, Germany, France, the United Kingdom, Canada, Switzerland, Australia, and the UAE. Participating firms include Stargate Hydrogen, SecureOneLabs, Aitonomi, NovaLunas, and Deepdrill AG, among others. This initiative supports broader national efforts to expand the Kingdom's innovation capacity, strengthen private sector R&D, and contribute to economic diversification, according to the authority.
Zawya
26-05-2025
- Business
- Zawya
Saudi Arabia attracts 25 global startups in research and innovation
RIYADH — Saudi Arabia has attracted 25 international startups specializing in research, development, and innovation (RDI) as part of its Global Startup Attraction Program, a joint initiative by the Ministry of Investment and the Research, Development, and Innovation Authority. The companies, drawn from strategic sectors, include firms in future health, energy and industry, education and human capital, and environmental sustainability. The majority — 13 firms — focus on future health, while six are in sustainability and basic needs, and three each in education and energy. The program is designed to increase private sector participation in RDI, support talent development, and create high-skilled jobs. The targeted outcomes by 2030 include generating over SR25 billion in total market value and creating more than 7,000 jobs, with three of the companies expected to reach unicorn status. The startups represent 12 countries, including the United States, Germany, France, the United Kingdom, Canada, Switzerland, Australia, and the UAE. Participating firms include Stargate Hydrogen, SecureOneLabs, Aitonomi, NovaLunas, and Deepdrill AG, among others. This initiative supports broader national efforts to expand the Kingdom's innovation capacity, strengthen private sector R&D, and contribute to economic diversification, according to the authority. © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (
Saudi Gazette
25-05-2025
- Business
- Saudi Gazette
Saudi Arabia attracts 25 global startups in research and innovation
Saudi Gazette report RIYADH — Saudi Arabia has attracted 25 international startups specializing in research, development, and innovation (RDI) as part of its Global Startup Attraction Program, a joint initiative by the Ministry of Investment and the Research, Development, and Innovation Authority. The companies, drawn from strategic sectors, include firms in future health, energy and industry, education and human capital, and environmental sustainability. The majority — 13 firms — focus on future health, while six are in sustainability and basic needs, and three each in education and energy. The program is designed to increase private sector participation in RDI, support talent development, and create high-skilled jobs. The targeted outcomes by 2030 include generating over SR25 billion in total market value and creating more than 7,000 jobs, with three of the companies expected to reach unicorn status. The startups represent 12 countries, including the United States, Germany, France, the United Kingdom, Canada, Switzerland, Australia, and the UAE. Participating firms include Stargate Hydrogen, SecureOneLabs, Aitonomi, NovaLunas, and Deepdrill AG, among others. This initiative supports broader national efforts to expand the Kingdom's innovation capacity, strengthen private sector R&D, and contribute to economic diversification, according to the authority.
Qatar Tribune
20-05-2025
- Business
- Qatar Tribune
QRDI Council and Business Finland ink MoU to bolster RDI collaboration
Tribune News Network Doha Qatar Research, Development, and Innovation (QRDI) Council and Innovaatiorahoituskeskus Business Finland, the Finnish Innovation Funding Agency, have formalized their commitment to collaboration by signing a Memorandum of Understanding (MoU) on the opening day of the 5th Qatar Economic Forum 2025. This strategic partnership is designed to foster the exchange of ideas, information, skills, and expertise, while supporting joint initiatives across all areas of research, development, and innovation (RDI). Jarno Syrjälä, Under-Secretary of State for International Trade at the Ministry of Foreign Affairs of Finland, and Omar Al Ansari, Secretary General of QRDI Council, represented their respective organizations during the signing ceremony, marking a significant step toward a more sustainable innovative-driven future. Jarno Syrjälä, Under-Secretary of State for International Trade at the Ministry of Foreign Affairs of Finland said: 'With the signing of this MoU, we are taking concrete steps to accelerate research, development, and innovation cooperation between our countries. This partnership underscores our commitment to working together to strengthen and promote exchange of ideas, information, skills benefiting both of our behalf of Innovaatiorahoituskeskus Business Finland, Finland looks forward to the fruitful exchange of knowledge and expertise that this partnership will undoubtedly foster.' Omar Al Ansari, Secretary General of QRDI Council mentioned: 'We at QRDI Council look forward to the outcomes of this collaboration. The partnership between QRDI Council and Innovaatiorahoituskeskus Business Finland will create new opportunities, drive innovative solutions, and contribute to a more sustainable future in alignment with our national vision. With innovation being at the heart of the third national strategy, I am confident that we will strengthen the RDI ecosystem and achieve impactful results together.' This strategic partnership outlines key areas of collaboration, including cross-promotion of innovation programs and events, support for matchmaking efforts connecting Qatari and Finnish companies seeking expansion and collaboration on industrial research or co-innovation projects, and the exchange of knowledge in key areas. By leveraging the strengths of Qatar's growing RDI ecosystem and Finland's globally recognised expertise in innovation and sustainability, this collaboration aims to unlock new opportunities for knowledge transfer, investment, and economic diversification. Day 1 of the Qatar Economic Forum featured an exclusive opening ceremony, during which a keynote address was given and set the tone for the day's discussions. The first day was marked by a series of engaging panel discussions.
Yahoo
16-05-2025
- Business
- Yahoo
Reading International: Q1 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — Reading International Inc. (RDI) on Thursday reported a loss of $4.8 million in its first quarter. The New York-based company said it had a loss of 21 cents per share. The movie theater owner posted revenue of $40.2 million in the period. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on RDI at Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
