Author: Editorial Team

RIYADH — The General Authority of Media Regulation has summoned a violator for insulting one of the Kingdom’s sisterly countries in an audio chat room on a social media platform. In a statement released on Wednesday, the authority said that on June 6, 2026, the relevant department detected content in an audio chat room that included offensive remarks directed at a sisterly state. It also said such conduct constitutes a violation of the Anti-Cybercrime Law, which prohibits content that insults sisterly or friendly countries, their leaders, or their national symbols, or otherwise undermines public order. The authority added that regulatory…

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RIYADH — The Ministry of Energy announced on Thursday the winning bidders for eight licenses covering the establishment, development, operation and maintenance of liquefied petroleum gas (LPG) filling and storage facilities, as well as the wholesale distribution of LPG to consumers. As part of the tender process, the ministry had invited interested investors operating in the LPG sector to compete for the licenses. Following the completion of the prequalification stage, the ministry proceeded with the tender process and conducted a comprehensive assessment of the submitted bids. UNIGAZ Arabia Company was awarded three licenses for LPG filling and storage facilities in…

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Tajinder Virk, Co-Founder and CEO, Finvasia Group and Blockmaze. Dubai — The UAE is emerging as one of the world’s leading tokenisation and blockchain hubs, supported by its advanced digital infrastructure and progressive regulatory environment. As global financial markets enter a new era of digital transformation, regulated infrastructure providers such as Blockmaze are helping bridge the gap between traditional finance and blockchain by enabling real-world assets (RWAs) to move on-chain in a trusted and compliant way. This shift has the potential to expand access beyond the UAE’s current base of 2.4 million registered public equity investors through fractional ownership, while…

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Ghazi Al-Gosaibi Award honored the winners of its third edition during a ceremony held at Al Yamamah University in Riyadh. Three distinguished initiatives and entities were honored in the literature, development and management, and volunteering categories, with total prize money of SAR300,000, in recognition of their outstanding contributions and positive impact on society. Adab digital platform won the literature category, while Falak Investment Hub won the development and management category. Arab National Bank won the volunteering category in recognition of its efforts to serve pilgrims and provide field support to those performing Hajj and Umrah. Chairman of the Supervisory Board…

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In a world dictated by unlimited scrolling and screen-time, spending 20 weeks painstakingly preparing for a 40-minute showcase on stage feels almost rebellious. Yet, that is exactly what is happening in Al Quoz this month. The Hive Theatre Festival, Dubai’s largest free theatre festival for children, is back for another blockbuster edition at @play. Bringing together hundreds of young performers across multiple weekends, the festival is a massive logistical feat powered by a dedicated team of 20 full-time employees and 40 teen volunteers and freelancers. Together, they mount more than 60 plays where every costume is hand-sewn, every set piece…

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RIYADH — Saudi government agencies are preparing to instruct their affiliated entities in the private and non-profit sectors to organize more conferences, forums, symposia, workshops, and a wide range of events within the Kingdom, making greater use of local resorts, hotels, and tourism facilities as venues for hosting such activities. Okaz has learned that the initiative is aimed at strengthening the tourism sector and supporting domestic destinations by increasing occupancy rates and stimulating tourism-related economic activity across various regions of the Kingdom. According to available information, the move follows a proposal submitted by Minister of Tourism Ahmed Al-Khateeb advocating for…

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GENEVA — The Saudi Consulate General in Geneva advised on Thursday Saudi citizens residing in or visiting Switzerland to exercise caution, avoid areas where demonstrations and public gatherings may take place, and comply with the instructions issued by the Swiss authorities during the G7 Summit. The 52nd G7 Summit will be held from June 15 to 17 in the French spa resort of Évian-les-Bains on Lake Geneva, near the Swiss border.In a statement posted on its X account, the Consulate said: “The Consulate General in Geneva wishes to inform all citizens residing in or visiting the country that the Swiss…

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Hani Nofal, Executive, Head of Technology Solutions Middle East and Africa, NTT DATA. NTT DATA, a global leader in AI, digital business and technology services, and Nutanix, a global cloud computing company that specialises in hyperconverged infrastructure, have established a strategic partnership to accelerate hybrid multicloud adoption, infrastructure modernisation and AI readiness in Middle East and Africa (MEA). Across MEA, organisations are increasingly prioritising infrastructure that can support long‑term innovation. Hybrid cloud, AI and data sovereignty are no longer isolated trends, but interconnected pillars shaping the future of enterprise technology. NTT DATA and Nutanix work together to combine their expertise…

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As ongoing volatility and regional tensions continue to disrupt global markets, the HSBC GCC Exchanges Conference in London this week brought together more than 300 investors, over 100 corporates and all seven stock exchanges from Gulf Cooperation Council (GCC), in more than 3,000 meetings, marking the largest convening in its five-year history.  With the opening remarks delivered by Georges Elhedery, Group CEO, HSBC Group PLC, the conference’s first panel featured His Excellency Mohammed Bin Abdullah ElKuwaiz, Chairman of Capital Markets Authority Saudi Arabia, who discussed resilience, reform and the next phase of growth in relation to the Kingdom’s debt and…

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How a multidisciplinary leader is helping shape the future of healthcare innovation and localisation in the Gulf Published: Thu 11 Jun 2026, 2:48 PM Most leaders are taught to specialise. Yasmine Ghorayeb built her career doing the opposite. A pharmacologist, business strategist, and student of storytelling, she has spent years navigating worlds that rarely intersect: science and strategy, healthcare and innovation, data and human behaviour. For Ghorayeb, the future belongs to those who can connect disciplines that traditionally never spoke to one another. “We’ve entered an era where information is abundant, but clarity is increasingly difficult to find,” she reflects.…

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