East meets West: Classical Saudi concert kicks off BMG Economic Forum 2022

A rich program was conducted by the emerging young American musician, and chief conductor of the Nova Orchester Wien (NOW!), William Garfield Walker. (Screenshot)
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Updated 26 July 2022
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East meets West: Classical Saudi concert kicks off BMG Economic Forum 2022

  • The event marked the opening of the annual economic forum presented by BMG Foundation
  • The music, based on a series of traditional melodies from the Kingdom, was arranged to be performed by a Western classical orchestra

LONDON: A wonderful evening of classical music at London’s iconic St. John’s Smith Square brought together sounds and melodies of Saudi Arabia from the Royal Philharmonic Orchestra on Monday. 

The event marked the opening of the annual economic forum presented by BMG Foundation.

The event was part of a series of classical concerts to “inspire a wordless dialogue between East and West and to spawn a greater understanding of culture and tolerance between East and West.”

The music, based on a series of traditional melodies from the Kingdom, was arranged to be performed by a Western classical orchestra.

“It is very special to us what we have prepared. We did the composition of these pieces two year ago, but because of ccivid and travel restriction we could only broadcast it virtually,” said the Chairman of BMG Foundation Basil Al-Ghalayini.

“It is a beautiful evening, a very glamorous event with lots of interesting people,” Marie Claire, the event’s MC, told Arab News. “The music is amazing, we have amazing artists on stage (coming) from the US, Saudi Arabia and London, and everyone is enjoying it.”

A rich program was conducted by the emerging young American musician, and chief conductor of the Nova Orchester Wien (NOW!), William Garfield Walker.

Among the pieces, created by Diego Collatti and performed during the event, was “Anthem of Nations,” commissioned in 2020 during the Kingdom’s chairmanship of the G20 and “written as a metaphor for strength in union as well a tribute to member countries.”

Al-Ghalayini added: “For me was such a joy to see it in person. We have decided to copyright the piece and we will have it (performed) every year.”

BMG Foundation was set up in 1997 with the intent to “nurture common values that build bridges between East and West” through “annual events (that) aim to develop our youth’s engagement in sports and their appreciation of classical music and the arts.”

Al-Ghalayini continued: “The idea is to introduce (these kinds) of classical music pieces to our young generation. We work together with the Saudi Embassy and (it) was great to see so many students attending the event tonight.

“Music is the language of peace, (the) language of civilization.”

The evening continued with Johan Sebastian Bach’s “Piano Concerto in F Minor BWV 1056” performed by Syrian-British pianist Riyad Nicolas, and “Hymn,” by American composer Charles Ives, a piece known as one of the great masterpieces of string orchestral literature.

The concert ended with Tchaikovsky’s “Serenade for String,” conducted by Walker.

“It was really special experience. It was exciting because it was something that wasn’t the same thing over and over again,” Walker said.


Stc Group issues US dollar-denominated sukuk with a total value of $2bn

Updated 09 January 2026
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Stc Group issues US dollar-denominated sukuk with a total value of $2bn

RIYADH: Stc Group has issued US dollar-denominated sukuk with a total value of $2 billion across two tranches.

The group clarified that the issuance included the offering of $750 million in sukuk with a 5-year maturity at a yield of US Treasury plus 75 basis points, and an issuance of $1.250 billion with a 10-year maturity at a yield of UST plus 90 basis points, according to the Saudi Press Agency.

It noted that the total order book exceeded $8 billion across both tranches, with a coverage rate exceeding 4 times, and participation from over 300 investors in the subscription.

The issuance garnered strong demand from a broad and diverse base of international investors, reflecting solid confidence in the robustness and efficiency of stc Group’s business model and strategy. 

This strategy is aimed at strengthening its digital leadership, seizing infrastructure opportunities, enabling massive projects, and contributing to the realization of Vision 2030 objectives, with a focus on achieving sustainable growth based on operational efficiency and maximizing shareholder value.

This issuance enhances stc Group’s access to international capital markets and solidifies investor confidence in the strength of its credit position. 

It also supports its strategic role in accelerating the pace of digital transformation in the Kingdom and building a thriving digital economy.