Latest news with #TheSaudiGazette
Zawya
20-05-2025
- Business
- Zawya
Riyadh to host second Saudi Fashion Awards on May 22
RIYADH — The Saudi Fashion Commission has announced the second edition of the Saudi Fashion Awards, set to take place on May 22 in Riyadh. As Saudi Arabia strengthens its global presence in the fashion and beauty industries, the awards aim to celebrate visionary talent and highlight the Kingdom's rising role on the international style stage. Following the success of last year's inaugural edition, the 2025 ceremony introduces an expanded program with a renewed emphasis on the beauty sector and several new award categories. Riyadh, increasingly recognized as a hub for creative industries, continues to position itself at the forefront of regional fashion transformation. Key highlights of the event include awards recognizing top stylists, photographers, designers, and models, as well as international accolades supported by WWD that spotlight innovation in design and beauty. The judging panel features leading names from the global industry, underscoring the event's growing stature and international relevance. Burak Çakmak, CEO of the Saudi Fashion Commission, said: 'Riyadh is proudly emerging as the capital of fashion, beauty, and the future of the creative industries in the region. Its transformation from promise to global presence on red carpets, runways, and retail spaces reflects the ingenuity and dedication of a new generation of trailblazers redefining regional and international fashion standards.' © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
20-05-2025
- Business
- Zawya
Housing Minister: More than 133,000 firms in Saudi construction sector
RIYADH — Saudi Housing Minister Majid Al-Hogail said that the construction sector in Saudi Arabia has more than 133,000 establishments with over 1.6 million individuals participating daily in building a new reality: smart cities and integrated development. Al-Hogail noted that project management gives organizations greater predictability, responsiveness, and execution, and improves performance and raises the quality of achievement. He emphasized that Saudi Arabia's Vision 2030 outlines an ambitious future that reshapes the economic, social, and development landscape. The minister explained that project management has become a strategic approach and an essential tool for leading change and achieving sustainable impact, and is no longer an executive option. He noted that the National Projects Council is playing a growing role in unifying efforts and enhancing performance. He added, "Government project management offices contribute to enhancing planning, follow-up, and governance practices, ensuring quality implementation and consistency with national goals." This came during his inauguration of the Global Project Management Forum (GPMF 2025), hosted by the capital, Riyadh. The GPMF is one of the prominent international events in this field, bringing together more than 13,000 specialists and interested parties from at least 100 countries. There will be 120 international speakers, 60 dialogue sessions and 16 training workshops. The event reflects the position that Saudi Arabia occupies in leading developmental and institutional transformations at the global level. © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
20-05-2025
- Business
- Zawya
Saudi, Malaysian industry ministers explore avenues for promoting joint investments
RIYADH — Minister of Industry and Mineral Resources Bandar Alkhorayef met with Malaysian Minister of Investment, Trade, and Industry Tengku Datuk in Riyadh on Monday. Their discussions focused on ways to strengthen bilateral economic relations and develop cooperation in the industrial sector. During the meeting, the ministers explored opportunities to promote joint investments between the two countries. They discussed the enablers and incentives available to facilitate the investor journey, and the high-value investment opportunities offered in the Kingdom. Their talks also covered the goals of Saudi Vision 2030 aimed at diversifying the national economy, as well as an overview of the National Industrial Strategy and its role in boosting the Kingdom's manufacturing capabilities, enhancing local content, and advancing priority industrial sectors targeted for localization and development. The meeting highlighted the Kingdom's strategic advantages that position it as a globally attractive investment destination, including its geographic location connecting three continents, abundant natural resources, streamlined government procedures, competitive energy prices, and advanced infrastructure. © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
06-05-2025
- Business
- Zawya
Number of Saudis working in occupational safety professions jumps 130% to 29,000
RIYADH — It was revealed in the 7th Global Occupational Safety and Health Conference, being held in Riyadh, that there was a 130 percent jump in the number of Saudis working in occupational safety and health professions, reaching more than 29,000. The private sector's compliance rate with safety standards has also risen to 90 percent, while national plans target 72 percent overall compliance by the end of 2024. At the same time, the Saudi aviation sector is confidently moving forward, aiming to serve 300 million passengers annually by 2030 and reach 250 international destinations, as part of a strategy to connect the Kingdom to the world and transform it into an international logistics platform. Total jobs created in the aviation sector reached 270,000. Addressing the conference on Monday, Abdulaziz Al-Duailej, president of the General Authority of Civil Aviation (GACA), emphasized that smart technologies and digital transformation represent a key pillar in supporting occupational safety and enhancing protection within airports and aviation facilities. He noted that they are among the GACA's priorities in light of the sector's significant expansion and rapid development. Al-Duailej said that the authority is working to develop the work environment at airports through an integrated system of advanced technologies, including smart monitoring systems for work conditions, linking them to real-time surveillance cameras, predictive analytics based on big data to identify risk indicators, training using virtual and augmented reality technologies, and the use of smart positioning systems to track vehicles and equipment within the airfields, which contributes to regulating traffic and avoiding collisions. Saudi Arabia is accelerating its transformation in occupational safety and civil aviation, driven by Vision 2030, which places human and a safe environment at the heart of development priorities. Economic expert Eid Al-Eid said that these transformations reflect economic and institutional maturity and that the creation of 270,000 jobs in the aviation sector reflects the Kingdom's drive to develop human capital and promote the principle of localization linked to the expansion of infrastructure and global economic corridors. Al-Eid noted that linking safety and aviation expansion reflects a comprehensive vision that places sustainability and occupational safety at the core of national projects. "These steps are part of an integrated approach to automating safety procedures and enhancing the efficiency of work environments, which will strengthen the Kingdom's competitiveness and make its sectors attractive destinations for international talent and investment," he added. © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
02-05-2025
- Business
- Zawya
Saudi: FDI surges 26% to $5.86bln in 4Q 2024
RIYADH — The General Authority for Statistics (GASTAT) revealed that the net foreign direct investment (FDI) inflows surged to 22.1 billion in the fourth quarter of 2024. This figure records 26 percent increase compared to the third quarter of 2024, when it reached SR17.5 billion. However, the rate of FDI posted a fall of 13 percent compared to the fourth quarter of 2023, when it reached SR25.5 billion. The authority stated this in its Foreign Direct Investment Statistics Bulletin for the fourth quarter of 2024 issued on Thursday. According to the bulletin, the value of inward FDI flows into the Kingdom's economy amounted to SR23.8 billion in the fourth quarter of 2024, registering an 11 percent decrease compared to the fourth quarter of 2023, when it amounted to SR 26.9 billion. This represents a 17 percent increase compared to the third quarter of last year, when it amounted to SR 20.4 billion. The value of outward FDI flows from the Kingdom's economy amounted to SR1.8 billion in the fourth quarter of 2024, a 20 percent increase compared to the fourth quarter of 2023, when it amounted to SR1.5 billion. This represents a 39 percent decrease compared to the third quarter of 2024, when it amounted to SR2.9 billion. © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (
