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Press Dossier   By Date  22/06/2025
Formula 1 turbocharges Saudi economic diversification drive
Saudi Arabia is accelerating its push to diversify its economy by turning to major international events such as Formula 1, as the Kingdom uses global motorsports to support its non-oil goals.
Why tech startups should choose Riyadh as their MENA launchpad
Riyadh is becoming a leading destination for tech startups in the Middle East, fueled by Saudi Arabia’s Vision 2030 reforms, an advanced infrastructure, and robust government-backed incentives.
Saudi Arabia, France civil aviation authorities discuss boosting cooperation
A delegation from the Saudi civil aviation sector, led by General Authority of Civil Aviation President Abdulaziz bin Abdullah Al-Duailej, visited the Airbus factory in Toulouse, France, as part of the 55th Paris Air Show at Le Bourget, which ends on June 22.
Kingdom arrests 12,066 illegals in one week
Saudi authorities arrested 12,066 people in one week for breaching residency, work and border security regulations, the Saudi Press Agency reported on Saturday.
ABK Kuwait-Egypt reports strong results for first quarter of 2025
Al Ahli Bank of Kuwait – Egypt (ABK-Egypt), reported strong Q1 2025 financial results with Net Profit standing at EGP 1.3 billion, reflecting an increase of 42.3 percent for March 31, 2025 compared to same period last year after excluding foreign exchange revaluation impact. Net Interest Income grew 26.2 percent to reach EGP 1.8 billion compared to EGP 1.4 billion in the same period of the last year.
12,800 field visits by Kuwait MoH target insect, rodent threat
Kuwait’s Ministry of Health has conducted 12,800 inspection visits at multiple areas across the country to monitor and address the environmental and health risks associated with improper waste disposal, particularly the spread of insects and rodents, Minister of Health Dr Ahmad Al-Awadhi announced on Saturday.
PAHW delivers over 44,000 services in May; projects exceed targets
The Public Authority for Housing Welfare (PAHW) announced on Thursday that its Citizen Services Department delivered a total of 44,289 services during the month of May, with 24,847 services processed via the authority’s electronic platforms and the “Sahel” unified government application.
KU, Saudi Education Authority sign MoU to boost cooperation
Kuwait University, through its College of Graduate Studies, signed a memorandum of understanding with the Education and Training Evaluation Authority in the Kingdom of Saudi Arabia, aimed at strengthening academic cooperation and enhancing mutual expertise in the fields of measurement, evaluation, accreditation, and university admission assessments.
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