Riyadh Season 2024 to empower entrepreneurs and productive families

Agreement signed between Turki Al-Sheikh and the CEO of the Social Development Bank Sultan bin Abdulaziz Al-Humaid (SPA)
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Updated 20 October 2024
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Riyadh Season 2024 to empower entrepreneurs and productive families

  • Initiative is part of the collaborative efforts among government entities to support the local economy

Riyadh: Riyadh Season will allocate sales outlets in key locations this year to productive families and entrepreneurs during major events, the Saudi Press Agency reported.

The General Entertainment Authority and the Social Development Bank signed a cooperation agreement that will organize the participation of productive families and entrepreneurs, and allocate sales outlets in key locations throughout Boulevard World.

The agreement signed between the chairman of the GEA, Turki Al-Sheikh, and the CEO of the Social Development Bank, Sultan bin Abdulaziz Al-Humaidi, aims to empower the targeted groups by providing logistical and organizational support while highlighting Saudi products.

This initiative is part of collaborative efforts by government entities to support the local economy and achieve the objectives of Saudi Vision 2030 by enhancing local content and supporting the growth and sustainability of the entertainment sector.

 


Foreign ministers chair Saudi-Omani coordination council meeting in Muscat

Updated 23 December 2025
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Foreign ministers chair Saudi-Omani coordination council meeting in Muscat

MUSCAT: Saudi Foreign Minister Prince Faisal bin Farhan met with Oman’s Foreign Minister Sayyid Badr bin Hamad Al-Busaidi on Monday.

They reviewed bilateral relations between their nations and ways to enhance and develop them across various fields. Additionally, they discussed regional and international developments.

The ministers co-chaired the third meeting of the Saudi-Omani Coordination Council in the Omani capital, Muscat, with the participation of the heads of the Council’s subsidiary committees and the two heads of the Council’s General Secretariat teams.

The meeting comes as an affirmation of the keenness of Saudi and Omani leaders to strengthen ties and advance them toward greater prosperity for both nations.

In his remarks during the meeting, Prince Faisal affirmed that gathering builds on the previous council meeting, held last year in AlUla, and on its positive and fruitful outcomes within the framework of the approved recommendations and initiatives. 

He stressed the importance of continuing the work of the council’s subsidiary committees to complete the necessary procedures to implement the remaining initiatives, and of the General Secretariat’s role in follow-up and in addressing any challenges that may hinder implementation.

He also underscored the importance of developing and enhancing trade relations, stimulating investment, and strengthening cooperation between the public and private sectors.

He also praised the ongoing work to establish and launch the Coordination Council’s electronic platform, which aims to connect all committee work and initiatives to facilitate follow-up on the Council’s progress. 

Al-Busaidi affirmed in his remarks the qualitative progress in relations between the two countries and the notable development witnessed across numerous sectors toward achieving economic integration and enhancing intra-trade and joint investments. 

The Omani foreign minister also highlighted deeper cooperation in the security and judicial fields, as well as the cultural and tourism sectors, noting the advanced and continuous political cooperation, consultation, and coordination on regional and international issues.