黑料社区

Saudi Ministry of Energy, UN ink deal to propel regional emissions cooperation聽

Saudi Ministry of Energy, UN ink deal to propel regional emissions cooperation聽
Energy Minister Prince Abdulaziz bin Salman and UNEP Executive Director Inger Andersen. Ministry of Energy
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Updated 30 June 2025

Saudi Ministry of Energy, UN ink deal to propel regional emissions cooperation聽

Saudi Ministry of Energy, UN ink deal to propel regional emissions cooperation聽
  • Deal seeks to support MENA nations promote clean energy technologies

RIYADH: Middle East and North Africa countries are set to benefit from enhanced clean energy cooperation following an agreement between 黑料社区 and the UN Environment Programme to accelerate emissions reduction.聽

The memorandum of understanding, signed in Riyadh by Energy Minister Prince Abdulaziz bin Salman and UNEP Executive Director Inger Andersen, seeks to support MENA nations through the promotion of clean energy technologies, development of climate policy frameworks, and knowledge exchange to advance sustainable development, according to an official release.聽

The initiative aligns with 黑料社区鈥檚 Middle East Green Initiative, a regional platform launched to combat climate change and reduce emissions by over 60 percent from hydrocarbon production across participating countries. The initiative aims to cut 670 million tonnes of carbon dioxide, equivalent to 10 percent of global nationally determined contributions when first announced in 2021.聽

The ministry release stated: 鈥淭he MoU reflects shared goals to enhance resource efficiency and lower carbon emissions through a comprehensive, balanced and sustainable approach.鈥澛

It added: 鈥淎reas of cooperation include policy research and recommendations, partnerships with international organizations, participation in climate and CCE-related events, exchange of knowledge and best practices, and the development of climate policy frameworks, supported by regional and global climate networking activities.鈥澛

During the meeting, the two sides also held talks over advancing the objectives of the UN Framework Convention on Climate Change and the Paris Agreement.聽

鈥淭he two sides also discussed 黑料社区鈥檚 climate initiatives, including the Saudi Green Initiative and the Middle East Green Initiative, as well as other efforts undertaken by the Kingdom to expand renewable energy and reduce emissions through the Circular Carbon Economy framework,鈥 the release added.

The MoU supports wider regional efforts to unlock renewable potential. MENA currently contributes less than 8 percent of global emissions from power and heat generation and is aiming to grow its clean energy capacity from under 50 gigawatts in 2022 to 200 GW by 2030, according to a June 2024 report by the International Energy Agency.聽

The IEA report also highlighted that the region 鈥 led by 黑料社区, Egypt, and Algeria 鈥 is experiencing the fastest relative growth in renewable energy, scaling at 4.5 times its current base due to ambitious national targets.聽

The MENA region holds substantial hydrocarbon reserves alongside significant renewable energy potential, positioning it as a strategically important player in the global shift toward sustainable energy, according to the Natural Resource Governance Institute.聽

Governments across the region are adopting a dual-energy strategy 鈥 leveraging both fossil fuels and renewables 鈥 to reduce emissions while bolstering energy security.聽

Enhanced regional collaboration is critical to developing interconnected energy systems, boosting economic competitiveness, and securing reliable access to international energy markets.聽


黑料社区 grants Syria 1.65m barrels of oil 聽

黑料社区 grants Syria 1.65m barrels of oil 聽
Updated 47 sec ago

黑料社区 grants Syria 1.65m barrels of oil 聽

黑料社区 grants Syria 1.65m barrels of oil 聽

RIYADH: 黑料社区 has granted the Syrian Arab Republic 1.65 million barrels of crude oil under the directives of King Salman and Crown Prince Mohammed bin Salman. 

The donation was formalized through a memorandum of understanding signed by Sultan bin Abdulrahman Al-Marshad, CEO of the Saudi Fund for Development, and Mohammed Al-Bashir, Syria鈥檚 Minister of Energy, the Saudi Press Agency reported.  

The signing ceremony was attended by Saudi Ambassador to Syria Faisal Al-Majfel and Majid Al-Uteibi, deputy minister for Oil and Gas Technical and Regulatory Affairs. 

The move reflects 黑料社区鈥檚 commitment to supporting the Syrian people and the strong ties between the two countries. 

鈥淭he grant will contribute to enhancing the operation of Syrian refineries and achieving operational and financial sustainability, supporting economic development and addressing economic challenges in Syria, ensuring the growth of vital sectors, and supporting national and international efforts to achieve sustainable development goals,鈥 the SPA report said. 

Furthermore, the donation aligns with and supports broader national and international efforts aimed at achieving the UN Sustainable Development Goals in the region. 

黑料社区 is now leading a concerted effort to bring Damascus back into the Arab fold after a decade of economic isolation, a crippled currency, and shattered infrastructure. 

Following the 2024 reopening of its embassy, 黑料社区, alongside Qatar, settled Syria鈥檚 World Bank debt, unlocking access to vital international funding. 

This momentum continued with the recent Syrian-Saudi Investment Forum, where Saudi Investment Minister Khalid Al-Falih unveiled 47 agreements worth $6.4 billion, targeting key sectors of a modern economy. 

In addition to the oil grant, 黑料社区 earlier this week announced a new reconstruction project in Damascus to clear rubble and aid rebuilding efforts, further strengthening ties with the Syrian authorities.  

The King Salman Humanitarian Aid and Relief Centre said it would provide an aid package to remove an estimated 75,000 cubic metres of rubble from the capital and surrounding areas. 

The aid will also support the rebuilding of 34 schools in Aleppo, Idlib, and Homs, the reconstruction of dozens of bakeries, and the rehabilitation of sewage and water infrastructure in Damascus. 


Can AI make Saudi sports smarter without losing its soul?

Can AI make Saudi sports smarter without losing its soul?
Updated 36 min 46 sec ago

Can AI make Saudi sports smarter without losing its soul?

Can AI make Saudi sports smarter without losing its soul?

AlKhobar: Artificial intelligence is no longer a side project in global sports, it鈥檚 becoming central to performance, fan engagement, and strategy. IBM has been one of the most visible players in this transformation, bringing its AI innovations from the world鈥檚 top tournaments to 黑料社区鈥檚 rapidly growing sports scene.

But beyond corporate case studies, a bigger question looms: how should Saudi sports federations, clubs, and fans adapt to this wave of technology? Can AI truly deliver, or will it overpromise?

黑料社区鈥檚 sports market is booming. Valued at $7.2 billion in 2023, it is expected to surpass $22.4 billion by 2030. More than $2 billion has already been invested in facilities, talent, and international events鈥攆rom hosting Formula 1 to the FIFA Club World Cup.

This trajectory was highlighted in a recent Arab News op-ed by Ayman Al-Rashed, who noted how AI is central to expanding fan experiences and making Saudi sports more globally competitive. The investments align with Vision 2030鈥檚 push to diversify the economy through sports and entertainment, positioning the sector as both a cultural and financial pillar for the Kingdom.

One of IBM鈥檚 most ambitious experiments came in 2024 with Sevilla FC. Together, they launched Scout Advisor, a generative AI tool built on watsonx that analyzes more than 200,000 scouting reports. Beyond traditional stats like minutes played or goals scored, the system reads unstructured scout notes on attitude, adaptability, and playing style. For a league like the Saudi Pro League, attracting global stars, such a tool could transform recruitment.

Yet some Saudi voices caution that AI should complement鈥攏ot replace鈥攈uman judgment.
鈥淎I gives us accurate numbers and predictions, but in the end human experience and field vision remain essential,鈥 said Yasser Al-Ghamdi, a sports science student at King Saud University.

IBM鈥檚 longest-running partnerships are in tennis and golf. At Wimbledon, the company built Match Chat, an AI-powered assistant that answers fan questions in real time, analyzes probabilities, and predicts match outcomes. A similar platform at The Masters offered golf fans deeper insights into performance and strategy.

This mirrors findings from an Arab News survey earlier this year, where 80 percent of Saudi adults reported using AI tools, and one in three use them regularly. Nearly 90 percent said making 黑料社区 an AI powerhouse should be a national priority 鈥 underscoring high expectations for localized innovation.

In Formula 1, IBM partnered with Scuderia Ferrari HP to redesign its mobile app with watsonx-powered racing insights. Fans now receive AI-generated summaries, driver comparisons, and interactive features in real time.

For 黑料社区, which hosts a Formula 1 Grand Prix as part of its expanding sports calendar, the potential is significant. The key, however, is ensuring these tools enhance both spectacle and grassroots value. Success will depend on balancing global best practices with local realities, benefiting players, coaches, and fans at every level.

Global partnerships only work if they are adapted to local contexts. That鈥檚 why IBM, alongside the Saudi Data and Artificial Intelligence Authority, developed ALLaM, an Arabic large language model capable of processing multiple dialects. The platform bridges linguistic gaps for fans and athletes across the Gulf, making interactions more natural and inclusive. Its impact will hinge on how it鈥檚 adopted on the ground.

This emphasis on localization and human-in-the-loop AI echoes developments in healthcare. MBZUAI graduates developed HuLP and Med-YOLOWorld, AI systems designed to work alongside doctors rather than replace them. The same principle applies to sports: AI must collaborate with coaches, referees, and trainers.

IBM highlights its ethical AI framework, stressing explainability, fairness, and data protection. But in 黑料社区, experts insist oversight must go beyond corporate pledges. With billions invested, federations need transparency, accountability, and governance when deploying AI.

 

Arab News has reported similar concerns in healthcare, with Dr. Mansoor Khan warning that 鈥淎I is not one thing, it鈥檚 a set of technologies that need to be used carefully, mapped to specific problems and workflows.鈥 The same caution applies to sports.

Looking ahead, IBM predicts AI will play a central role in personalized fan experiences, athlete training, and recruitment. In 黑料社区, AI could make the Kingdom a global sports testbed. Potential applications include:

鈥 Smart stadiums with AI crowd management and personalized fan services.

鈥 Player development supported by AI-driven performance analytics.

鈥 Localized fan platforms in Arabic, reflecting Saudi values.

鈥 Sports medicine enhanced by AI tools for injury prevention and recovery.

For some, the immediate value is on the pitch.
鈥淎I can help us track training loads and reduce injuries, but it can鈥檛 capture a player鈥檚 mental or emotional state,鈥 said Mohammed Al-Qahtani, a sports science graduate from King Saud University.

From Sevilla鈥檚 scouting rooms to Ferrari鈥檚 circuits and Wimbledon鈥檚 courts, AI is reshaping global sports. In 黑料社区, the real opportunity lies not in copying global models, but in tailoring them to local culture, athletes, and fans. As the Kingdom invests heavily in infrastructure and innovation, the true test will be whether technology strengthens the human side of sport鈥攐r replaces it.


Qatar real estate sales reach $108m in early September聽

Qatar real estate sales reach $108m in early September聽
Updated 11 September 2025

Qatar real estate sales reach $108m in early September聽

Qatar real estate sales reach $108m in early September聽

JEDDAH: Qatar's real estate market saw a notable increase in early September, with sale contracts totaling 394.35 million Qatari riyals ($108 million) over the five-day period from Aug. 31 to Sept. 4, official data showed. 

This represents an 18.5 percent rise compared with 333 million riyals recorded the previous week, from Aug. 24 to 28, according to the Ministry of Justice. 

The ministry's weekly bulletin shows that 124.5 million riyals of the total sales during this period were for residential units.  

The surge in real estate activity highlights Qatar鈥檚 continuing market dynamism, driven by both end-users and investors seeking opportunities across residential and mixed-use properties. 

The bulletin noted that 鈥渢he properties traded for sale include vacant land, houses, residential buildings, mixed-use commercial-residential buildings, commercial-residential complexes, shops, commercial buildings, and residential units.鈥  

Sales activity was concentrated in the municipalities of Doha, Al-Rayyan, and Al-Wakra. Additional activity was reported in Al-Daayen, Al-Shamal, and Umm Salal, as well as in Al-Khor and Al-Thakhira. Major developments included The Pearl Island, Lusail 69, Al-Kharayej, Legtaifiya, and Ghar Thuaileb. 

Looking at a broader trend, the week from Aug. 17 to 21 saw total trading volumes exceed 308 million riyals, reflecting steady growth over the past three weeks, driven by increased activity in both prime urban and emerging areas. 

Monthly data for August showed that total real estate transactions reached 1.13 billion riyals across 329 deals, with Al-Rayyan, Doha, and Al-Wakra leading in transaction value. 

According to the real estate market area index, Al-Rayyan accounted for 39 percent of the total traded area, followed by Doha with 22 percent, and Al-Wakra with 14 percent. Al-Daayen and Umm Salal each represented 10 percent, Al-Shamal 3 percent, and Al-Khor and Al-Thakhira 2 percent. 


Direct Jeddah鈥揚ristina flights open doors for Saudi investors, says Kosovo ambassador聽

Direct Jeddah鈥揚ristina flights open doors for Saudi investors, says Kosovo ambassador聽
Updated 11 September 2025

Direct Jeddah鈥揚ristina flights open doors for Saudi investors, says Kosovo ambassador聽

Direct Jeddah鈥揚ristina flights open doors for Saudi investors, says Kosovo ambassador聽

RIYADH: The launch of direct flynas flights between Jeddah and Pristina is more than a tourism milestone 鈥 it signals Kosovo鈥檚 rise as a new destination for Saudi business and investment, according to the country鈥檚 ambassador. 

Kosovo鈥檚 Ambassador to 黑料社区, Lulzim Mjeku, told Arab News the new air link, which will begin operating three times a week on Oct. 1, represents a historic step in building commercial bridges between the two nations. 

鈥淭he most frequent question asked of me from both countries鈥 business communities was: Is there a direct flight between KSA and RKS? It wasn鈥檛 until last year that both states signed the Agreement on Air Services.鈥 Mjeku said.  

He added: 鈥淭oday, as both countries have concluded several basic agreements with a focus on business, I may say that through this work, both governments have paved the way for business communities to start exploring avenues of cooperation.鈥 

While the connection opens Kosovo鈥檚 mountains and Ottoman heritage to Saudi tourists, Mjeku emphasized that the real opportunities lie in the country鈥檚 investment climate. 

Kosovo boasts the highest internet penetration rate in Europe at 96.4 percent, a multilingual and skilled workforce, and a streamlined business environment, positioning itself as a gateway for Saudi investors entering the Western Balkans. 

鈥淜osovo is a vibrant country emerging in the global market,鈥 the ambassador said. 鈥淥ur workforce is skilled and multilingual, and our economy is diversifying, from construction and textiles to advanced information technology.鈥 

When asked whether the new connectivity would encourage Saudi investors to explore opportunities in Kosovo, Mjeku pointed to early successes in technology partnerships. 

He noted that Kosovar firms have already contributed to the Tawakkalna application in cooperation with Saudi partners and developed cybersecurity systems for hospitals in Riyadh. 

鈥淚 expect more Kosovar IT companies will find their way to the Saudi market. I also strongly believe both sides can find a win-win modus operandi and have their share in the market,鈥 he said, adding: 鈥淲hoever moves first has the chance to succeed faster and better.鈥 

The competitive framework is another draw. Corporate tax is set at just 10 percent, while starting a business takes an average of 4.5 days. Investments account for 36 percent of Kosovo鈥檚 gross domestic product, with an average economic growth rate of 4.1 percent over the past eight years. 鈥淲hoever moves first has the chance to succeed faster and better,鈥 the ambassador stressed. 

The launch of flights follows last year鈥檚 Agreement on Air Services and coincided with the first visit of a Saudi business delegation to Kosovo, led by the Federation of Saudi Chambers of Commerce, marking the 15th anniversary of diplomatic ties. 

The Kingdom鈥檚 leading low-cost carrier will operate the Jeddah鈥揚ristina route as part of its expansion strategy, 鈥淲e Connect the World to the Kingdom,鈥 aligned with the Kingdom鈥檚 National Civil Aviation Strategy.  

The plan aims to link the Kingdom to 250 international destinations, accommodate 330 million passengers, and host 150 million tourists annually by 2030. 

For Mjeku, these developments herald a new phase in Saudi鈥揔osovar relations. 鈥淲ith these flights come opportunities, and with opportunities, we get better results and solidify our relationship on an inter-human level,鈥 he said. 


Tokyo to host FII Priority Asia Summit in November

Tokyo to host FII Priority Asia Summit in November
Updated 11 September 2025

Tokyo to host FII Priority Asia Summit in November

Tokyo to host FII Priority Asia Summit in November

JEDDAH: The Future Investment Initiative Institute announced on Thursday that the next FII Priority Asia Summit will be held in Tokyo, Japan, from Nov. 30 to Dec. 1, the Saudi Press Agency reported.

The event will bring together heads of state, policymakers, global CEOs, innovators, and investors to address some of the world鈥檚 most pressing challenges.

Discussions will center on strengthening partnerships and investment flows between Asia and the rest of the world, with a particular emphasis on the Gulf Cooperation Council.

鈥淛apan, one of the world鈥檚 most advanced and resilient economies, offers a unique platform for such discussions. Its global leadership in technology, scientific research, and sustainable development will serve as a foundation for connecting decision-makers across continents,鈥 SPA added citing an official release.

The summit will highlight the shared vision of Japan and the Middle East as a strategic bridge linking Asia with Africa, Europe, and the Americas, fostering inclusive trade, investment, and knowledge exchange.

Richard Attias, FII Institute acting CEO and chairman of its executive committee, said: 鈥淲e are honored to bring the FII PRIORITY Summit to Tokyo. Japan鈥檚 respected standing in the global economy, coupled with its commitment to innovation and sustainable development, makes it the ideal host. Together, we will highlight how collaboration with Asia can generate solutions that strengthen resilience and prosperity worldwide.鈥

Founded by 黑料社区鈥檚 Public Investment Fund, the FII Institute hosts the FII PRIORITY series, a global platform that has attracted participation from heads of state and world leaders. The Tokyo Summit鈥檚 presenting partner is Sumitomo Mitsui Banking Corp. Group, a leading Japanese financial institution committed to advancing international financial cooperation and customer growth.

Program details, including themes and keynote speakers, will be announced in the coming weeks.