The Saudi Central Bank (SAMA) launched the enhanced Regulatory Sandbox Service through its e-services portal, as part of its ongoing efforts to support the financial sector and innovators in developing advanced financial solutions. The enhanced service aims to improve applicant experience by offering fully integrated, automated processes, along with an advanced system for submitting and tracking applications. This enables a more streamlined and flexible onboarding process. SAMA emphasized that the launch reflects its continued commitment to strengthening a regulatory environment that fosters innovation in the financial sector, enabling companies and financial institutions to access the Regulatory Sandbox more efficiently, while…
Author: Editorial Team
CAIRO — The Saudi Shoura Council Speaker and President of the Arab Inter-Parliamentary Union Sheikh Abdullah Al-Sheikh chaired the coordination meeting of Arab Legislative Council and parliament speakers in Cairo on Sunday. The meeting was held on the sidelines of the Eighth Conference of the Arab Parliament and Speakers of Arab Councils and Parliaments, organized by the Arab Parliament, in cooperation with the Arab Inter-Parliamentary Union. During the meeting, participants reviewed the items on the conference agenda and discussed ways to coordinate positions and visions on issues of common interest, aiming to strengthen joint Arab parliamentary action, unify efforts, and…
The Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat) affirmed that GCC countries continue to intensify their efforts to protect land resources and restore degraded ecosystems, reflecting their strong commitment to international environmental agreements and the Sustainable Development Goals (SDGs). GCC-Stat noted that all GCC member states ratified the United Nations Convention to Combat Desertification (UNCCD) between 1996 and 1999, demonstrating an early commitment to addressing land degradation and drought challenges while promoting the sustainable management of natural resources. The centre further highlighted that the number of civil society organizations accredited to the UNCCD…
RIYADH — The Ministry of Foreign Affairs (MOF) expressed Saudi Arabia’s condemnation of Iran’s attacks against Kuwait and Bahrain, as well as its threats to regional maritime security in the Strait of Hormuz. In a statement issued on Sunday, the MOF voiced the Kingdom’s strongest condemnation and denunciation of the Iran’s aggressions and reaffirmed its unequivocal rejection of the attacks, describing them as a violation of international law and the United Nations Charter. It also stressed that such violations undermine international efforts to restore security and stability across the region. The ministry concluded by reiterating the Kingdom’s solidarity with Kuwait…
LONDON — Record-breaking temperatures swept across Europe on Friday as an intense heatwave pushed thermometers to unprecedented June highs in several countries. Germany, Belgium, and the Netherlands all recorded provisional June temperature records, while authorities across the continent warned that extreme conditions would persist into the weekend. Germany registered a provisional national June record of 41.3°C in Saarbrücken near the French border. Belgium also recorded an unofficial 40°C in Kleine Brogel, while the Netherlands reached 39.4°C in Limburg. In the United Kingdom, a provisional June record of 37.1°C was measured at Cavendish in Suffolk. The World Meteorological Organization warned that…
Shura Council Speaker and President of the Arab Inter-Parliamentary Union Sheikh Dr. Abdullah Al Al-Sheikh participated in the coordination meeting of Gulf legislative council speakers, held on the sidelines of the Eighth Conference of the Arab Parliament and Speakers of Arab Councils and Parliaments. The conference is being convened at the headquarters of the General Secretariat of the League of Arab States in Cairo and is organized by the Arab Parliament in cooperation with the Arab Inter-Parliamentary Union. Source: Riyadh Daily
WASHINGTON — Lebanon and Israel signed a US-sponsored framework agreement in Washington on Friday, concluding a fifth round of negotiations aimed at ending decades of conflict, resolving outstanding disputes, and laying the groundwork for a comprehensive peace and security agreement. The framework, whose full text was later released by the US Department of State, outlines a roadmap for ending hostilities, restoring Lebanese sovereignty across its territory, and establishing direct US-mediated negotiations between the two sides. The agreement states that Lebanon and Israel share the goal of achieving “lasting peace and security” and express their intention to formally end the state…
BenQ Middle East, a global leader in display technology and digital lifestyle innovations, has officially rolled out its highly anticipated lineup of exclusive deals for Amazon Prime Day in Saudi Arabia. Running from 24th June until 30th June, the major sales event gives Saudi consumers, professional creators, tech enthusiasts, and gamers an incredible window to upgrade their home setups with premium tech at unmatched prices. The curated product selection features BenQ’s breakthrough Mac-compatible displays, professional creator monitors, everyday eye-care screens, and stunning 4K entertainment projection systems. Key Highlights of the Amazon KSA Prime Day Offers: Specialized Mac-Compatible Displays (The MA…
LEORON Institute, the EMEA region’s leading corporate training and EdTech provider, today announced two senior leadership appointments in the Kingdom of Saudi Arabia: Mariana Ignatov as CEO, KSA, and Mustafa Al Audib as Chief Financial Officer. The appointments signal a significant strengthening of LEORON’s on-the-ground leadership in the Kingdom and its long-term commitment to supporting Saudi Arabia’s Vision 2030 human capital development agenda. With more than 2,000 instructor-led programmes delivered annually and over 50,000 professionals trained each year, LEORON has established itself as one of the most trusted learning and development partners for organisations operating across the Kingdom and the…
A medical team in Al-Wajh Governorate, in collaboration with the Extracorporeal Membrane Oxygenation (ECMO) Team at King Fahad Specialist Hospital in Tabuk, saved the life of a patient suffering from acute heart and lung failure. The emergency intervention demonstrated the integration of the region’s healthcare system. The patient arrived at the emergency department of Al-Wajh General Hospital suffering from severe chest pain and acute shortness of breath. Initial examinations revealed critical indicators requiring immediate medical intervention. She then developed acute respiratory failure, followed by a temporary cardiac arrest. The medical team placed her on a veno-arterial extracorporeal membrane oxygenation (VA-ECMO)…