Latest news with #Vision2030.
Saudi Gazette
09-05-2025
- Business
- Saudi Gazette
Nestlé Academy hosts an exceptional alumni gathering in Jeddah
Nestlé Academy held a remarkable event in Jeddah on Thursday that brought together its alumni from various professional tracks — including Supply Chain, Sales, and Nutrition — alongside Nestlé employees and key partners from both the public and private sectors. The evening welcomed over 200 distinguished guests, including officials, executives, and advocates of national talent development. The event celebrated the accomplishments of Nestlé Academy in 2023 and 2024 and marked the beginning of 2025 by spotlighting future directions and the roadmap for the remainder of the year and beyond. This aligns with the Academy's mission to strengthen connections among its graduates, foster knowledge exchange, and cultivate professional networks that contribute to advancing the Saudi labor market and its path to excellence. This gathering reaffirms Nestlé Academy's commitment to empowering young Saudi talents and preparing them for the workforce, in line with the goals of Saudi Vision 2030—which aims to enhance youth participation in national development and elevate human capital through specialized training, professional development, and practical guidance. The event saw the attendance of strategic partners from both government and private entities who played a vital role in the success of the Academy's programs by offering support and providing instructors from their organizations. Special acknowledgments and tokens of appreciation were presented to key contributors, including representatives from the Ministry of Industry and Mineral Resources, the Ministry of Human Resources and Social Development, the Saudi Food and Drug Authority, the Local Content and Government Procurement Authority, the Small and Medium Enterprises General Authority (Monsha'at), the National Industrial Development and Logistics Program (NIDLP), and EADA Company for Environmental several senior executives from major corporations and retailers attended, including Tamer Group, Danube, LuLu, Panda-who have actively supported the Academy by offering employment opportunities to graduates and hosting field visits. These real-world experiences enabled students to explore work environments first-hand and bridge the gap between theory and his remarks during the evening, Robert Helou, CEO of Nestlé Saudi Arabia, stated:"The Nestlé Academy initiative is focused on youth empowerment, development, and job creation. We are proud to be joined by our strategic government partners as we work toward our shared mission of supporting Vision 2030."Through initiatives like this, Nestlé Academy aims to cultivate a dynamic professional community that includes graduates and contributors from across sectors. It also opens the door for future partnerships and innovative ideas that can amplify the social and national impact of the event serves as a continuation of the Academy's investment in human capital—preparing a qualified generation of young leaders equipped to confidently drive the Kingdom's future and support comprehensive and sustainable development across vital sectors.
Syyaha
28-04-2025
- Automotive
- Syyaha
Saudi Arabia's Leading Automotive Aftermarket Event Inaugurated by Mr. Ajlan bin Saad Al-Ajlan
Mr. Ajlan bin Saad Al-Ajlan has officially opened the seventh edition of Automechanika RiyadhKey topics to be discussed during the three-day sold-out event include tackling skills shortages and embracing digital change, establishing the Middle East as a global automotive hub, and the importance of a customer-centric approach The event will welcome a record number of exhibitors, with more than 450 from 30 countries with over 15,000 visitors expected Riyadh, KSA: Automechanika Riyadh, Saudi Arabia's leading regional trade show for the automotive aftermarket industry, has been officially inaugurated by Mr. Ajlan bin Saad Al-Ajlan, Vice Chairman of the Board of Directors, Riyadh Chamber, with the event continuing until Wednesday, 30 April, at the Riyadh International Convention and Exhibition Centre (RICEC).As part of the official opening ceremony and tour, Mr. Ajlan bin Saad Al-Ajlan, Vice Chairman of the Board of Directors, Riyadh Chamber visited several of the 450 exhibitors, an increase of 32% on last year's numbers, which also includes a record number of Saudi businesses covering all aspects of the automotive aftermarket and underscoring the market growth within the country, with several new and returning year's exhibition is set to break previous attendance records, with more than 15,000 visitors expected throughout the three days, resulting in an extended show floor which has seen the number of halls increase from three to five to keep pace with demand from exhibitors and the official opening, Dr. Faisal Al-Kadi, Chief Executive Officer of Al-Kadi Commerce & Industry and Automechanika Riyadh Advisory Board member, shared expert insights on key industry developments within the automotive aftermarket in the region as part of his opening keynote Al Barmawi, CEO and Founder of 1st Arabia, the licensee of Automechanika Riyadh directed by Messe Frankfurt Exhibition GmbH, said: 'We are proud to officially open Automechanika Riyadh 2025, a platform that continues to drive transformation across Saudi Arabia's automotive aftermarket. This year's edition marks our most expansive and ambitious show yet, reflecting the Kingdom's dynamic progress under Vision 2030.'Aly Hefny, Show Manager, Automechanika Riyadh, Messe Frankfurt Middle East, said: 'We're excited to welcome a record number of visitors and exhibitors to this year's Automechanika Riyadh, which promises to be our most international and dynamic edition yet. The strong growth in participation from global brands underscores the Kingdom's rising influence in the automotive aftermarket. At the same time, the diversity of Saudi companies exhibiting highlights the strength of local innovation and industrial development. Together, they reflect the Kingdom's evolving mobility landscape and our ongoing commitment to connecting markets and unlocking new opportunities.'The Automechanika Riyadh Academy, which is held under the theme Localisation & Aftermarket Innovation on day one, featured a range of industry leaders, including Ulf Schulte, COO, EVIQ, who highlighted the rapid expansion of EV charging infrastructure in Saudi Arabia through strategic partnerships and the role of aftermarket solutions in enhancing the longevity and efficiency of charging Mohammed Alsuhaim, Managing Director, National Automotive & Vehicles Academy (NAVA), outlined the critical role of training and development in shaping the future automotive workshop and showcased how NAVA is addressing the skills gap through hands-on, targeted training programs.A panel discussion led by Emad Daghreri, Co-Founder & CEO, Autobia, and Alisdair Walton, Senior General Manager – Digital Transformation & IT, Abdul Latif Jameel Enterprises, focused on driving digital innovation and profitability for aftermarket distributors where they discussed implementing integrated e-commerce platforms and developing data-driven pricing strategies. This year, Automechanika Riyadh will showcase case a range of product areas, including Parts & Components, Electronics & Systems, Tires & Batteries, Oils & Lubricants, Accessories & Customising, Diagnostics & Repairs, Body & Paint, and Car Wash & Care
Al Bawaba
17-04-2025
- Business
- Al Bawaba
Microsoft Strengthens Global Partnership with Databricks, Bringing Azure Databricks Capabilities to Saudi Arabia to Support Vision 2030 Goals
Microsoft and Databricks have expanded their strategic partnership to make Azure Databricks capabilities more accessible to organizations across Saudi Arabia. This enhanced collaboration marks a significant step toward empowering local businesses to capitalize on the potential of big data and Artificial Intelligence (AI), driving innovation and supporting the Kingdom's ambitious Vision 2030 combining Databricks' sophisticated data analytics and AI capabilities with the reliable scalability and security of Microsoft Azure, organizations in Saudi Arabia will be equipped to improve operations, create data-driven applications, and derive actionable insights. This development underscores both companies' commitment to supporting the Kingdom's digital transformation and fostering a data-driven culture across sectors. Aligned with Vision 2030, this collaboration aims to democratize access to analytics and AI applications, provide training and certification programs to equip Saudi professionals with expertise in AI and data engineering, and strengthen Saudi Arabia's position as a global technology Badhris, President of Microsoft Arabia, highlighted the importance of enhancing global partnerships in the Kingdom, stating: 'By strengthening our collaboration with Databricks, we are empowering Saudi organizations to achieve greater innovation and foster significant business and community impact. This partnership reflects our deep commitment to advancing the Kingdom's data and AI capabilities in alignment with Vision 2030.'For his part, Mohammad Alzaubi, General Manager, Saudi Arabia, of Databricks, added: 'We are thrilled to expand our partnership with Microsoft and enhance access to Azure Databricks in Saudi Arabia. This collaboration enables Saudi organizations to unlock the true value of their data, accelerate AI initiatives, and gain a competitive edge in the global market. We remain committed to supporting the Kingdom's digital transformation with our pioneering Data Intelligence Platform and empowering the next generation of data professionals.'Transformative Success Stories in Saudi ArabiaSeveral leading Saudi organizations are already realizing the transformative potential of Azure Databricks. Cenomi Group, the largest retail and mall operator in Saudi Arabia, successfully implemented one of the Middle East's first Data Lakehouse Architectures. Leveraging Azure Databricks, the group now processes and analyzes vast amounts of data in real-time to optimize operations and enhance customer experiences. 'The integration of Azure Databricks into our operations has revolutionized the way we harness data,' said Binoo Joseph, Chief Digital Officer at Cenomi Centers. 'Through Microsoft's secure and scalable Azure platform, combined with Databricks' advanced analytics capabilities, we can now deliver exceptional customer experiences across the Kingdom. Whether that be through personalized shopping experiences, tailored promotions, or efficient service delivery, this data-drive approach allows us to anticipate customer needs and enhance overall satisfaction across our malls.' Supporting Local Talent and InnovationMicrosoft and Databricks also plan to further expand the integration of Azure Databricks within Saudi Arabia. This includes adding Databricks into Microsoft's Enterprise Skills Initiative (ESI) and tailored programs to upskill local talent in data analytics and AI, as well as initiatives to support the Kingdom's forward-thinking organizations in unlocking the full potential of their data. As Saudi Arabia continues to accelerate its digital transformation journey, the enhanced collaboration between Microsoft and Databricks will significantly contribute to the Kingdom's economic diversification and innovation initiatives. © 2000 - 2025 Al Bawaba (
Syyaha
16-04-2025
- Business
- Syyaha
Microsoft Strengthens Global Partnership with Databricks, Bringing Azure Databricks Capabilities to Saudi Arabia to Support Vision 2030 Goals
16 April, 2025; Microsoft and Databricks have expanded their strategic partnership to make Azure Databricks capabilities more accessible to organizations across Saudi Arabia. This enhanced collaboration marks a significant step toward empowering local businesses to capitalize on the potential of big data and Artificial Intelligence (AI), driving innovation and supporting the Kingdom's ambitious Vision 2030 combining Databricks' sophisticated data analytics and AI capabilities with the reliable scalability and security of Microsoft Azure, organizations in Saudi Arabia will be equipped to improve operations, create data-driven applications, and derive actionable insights. This development underscores both companies' commitment to supporting the Kingdom's digital transformation and fostering a data-driven culture across with Vision 2030, this collaboration aims to democratize access to analytics and AI applications, provide training and certification programs to equip Saudi professionals with expertise in AI and data engineering, and strengthen Saudi Arabia's position as a global technology Badhris, President of Microsoft Arabia, highlighted the importance of enhancing global partnerships in the Kingdom, stating: 'By strengthening our collaboration with Databricks, we are empowering Saudi organizations to achieve greater innovation and foster significant business and community impact. This partnership reflects our deep commitment to advancing the Kingdom's data and AI capabilities in alignment with Vision 2030.'For his part, Mohammad Alzaubi, General Manager, Saudi Arabia, of Databricks, added: 'We are thrilled to expand our partnership with Microsoft and enhance access to Azure Databricks in Saudi Arabia. This collaboration enables Saudi organizations to unlock the true value of their data, accelerate AI initiatives, and gain a competitive edge in the global market. We remain committed to supporting the Kingdom's digital transformation with our pioneering Data Intelligence Platform and empowering the next generation of data professionals.'Transformative Success Stories in Saudi ArabiaSeveral leading Saudi organizations are already realizing the transformative potential of Azure Databricks. Cenomi Group, the largest retail and mall operator in Saudi Arabia, successfully implemented one of the Middle East's first Data Lakehouse Architectures. Leveraging Azure Databricks, the group now processes and analyzes vast amounts of data in real-time to optimize operations and enhance customer experiences. 'The integration of Azure Databricks into our operations has revolutionized the way we harness data,' said Binoo Joseph, Chief Digital Officer at Cenomi Centers. 'Through Microsoft's secure and scalable Azure platform, combined with Databricks' advanced analytics capabilities, we can now deliver exceptional customer experiences across the Kingdom. Whether that be through personalized shopping experiences, tailored promotions, or efficient service delivery, this data-drive approach allows us to anticipate customer needs and enhance overall satisfaction across our malls.' Supporting Local Talent and InnovationMicrosoft and Databricks also plan to further expand the integration of Azure Databricks within Saudi Arabia. This includes adding Databricks into Microsoft's Enterprise Skills Initiative (ESI) and tailored programs to upskill local talent in data analytics and AI, as well as initiatives to support the Kingdom's forward-thinking organizations in unlocking the full potential of their data. As Saudi Arabia continues to accelerate its digital transformation journey, the enhanced collaboration between Microsoft and Databricks will significantly contribute to the Kingdom's economic diversification and innovation initiatives
Asharq Al-Awsat
28-02-2025
- Business
- Asharq Al-Awsat
Saudi Arabia Tightens Regulations on Precious Metals and Gemstone Traders to Combat Money Laundering
Saudi Arabia has imposed stricter regulations on traders of precious metals and gemstones as part of its anti-money laundering efforts. The government has instructed investors to comply with Article 7 of the Anti-Money Laundering Law, which mandates financial institutions and designated non-financial businesses to implement due diligence measures. These measures coincide with Saudi Arabia's push to expand its mining sector, a key component of Vision 2030. The Kingdom has increased its mineral wealth estimate to SAR9.4 trillion ($2.5 trillion) and introduced exploration incentives worth SAR682.5 million ($182 million) by the end of 2023. The new Mining Investment Law aims to attract investment and boost mineral production. Since its enactment, the number of mining licenses has risen by 138%, according to the Ministry of Industry and Mineral Resources. The Saudi Ministry of Commerce has directed private sector entities to apply customer due diligence measures, especially for high-risk transactions. Businesses must verify customer identity using official documents and obtain and confirm details such as full name, address, date and place of birth, and nationality for individual customers. Transactions must not be conducted without proper identity verification, and businesses are encouraged to contact the General Administration for Anti-Money Laundering for guidance. Saudi Arabia aims to increase the mining sector's GDP contribution to SAR176 billion ($47 billion) by 2030 while enhancing domestic mineral supply, improving the trade balance, and attracting investment. Other priorities include expanding non-oil revenue, creating jobs, developing local talent, and strengthening regulatory frameworks. These efforts align with the Kingdom's broader goal of establishing a competitive and sustainable mining industry while ensuring compliance with international financial regulations.
