70 complete Riyadh insurance industry hackathon program

The was organized by the Financial Academy, in partnership with MEDGULF Insurance Company. (SPA)
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Updated 26 May 2025
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70 complete Riyadh insurance industry hackathon program

RIYADH: Seventy participants completed the AI and Innovation Hackathon program held in Riyadh recently, the Saudi Press Agency reported on Monday.

Organized by the Financial Academy, in partnership with MEDGULF Insurance Co., the program provided training for citizens in the insurance sector, in line with the goals of Saudi Vision 2030.

The hackathon included several key phases, including data collection, awareness sessions, screening of ideas, and the selection of the best candidates.

The five-month event culminated in an intensive five-day hackathon with creative engagement from the participants.

The Financial Academy has several responsibilities and mandates including training for employees working in the financial sector, setting standards and requirements for practicing, and publishing research.


Saudi Arabia, UAE and allies condemn Gaza ceasefire violations

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Saudi Arabia, UAE and allies condemn Gaza ceasefire violations

RIYADH: Saudi Arabia on Sunday led renewed regional condemnation of Israel’s repeated violations of the ceasefire in Gaza, which have resulted in the killing and wounding of more than 1,000 Palestinians.

In a joint statement, the foreign ministers of the Kingdom, the UAE, Indonesia, Pakistan and Turkiye said the breaches represented a dangerous escalation that risked inflaming tensions and undermining efforts to restore calm and stability, the Saudi Press Agency reported.

They joined Qatar, Jordan and Egypt, who on Saturday condemned what they described as ongoing ceasefire violations and warned they threatened de-escalation efforts and regional stability.

The ministers said the latest developments come at a critical moment, as regional and international efforts intensify to advance the second phase of the peace plan proposed by US President Donald Trump and implement UN Security Council Resolution 2803, SPA added.

They warned that the repeated violations pose a direct threat to the political process and could derail attempts to create the conditions for a more stable phase in Gaza, both in security and humanitarian terms. They stressed the need for full adherence to the ceasefire to ensure the success of the next phase of the peace plan.

The statement called on all parties to assume their responsibilities during this sensitive period, exercise maximum restraint, sustain the ceasefire, and avoid any actions that could undermine current diplomatic efforts. It also urged steps to facilitate early recovery and reconstruction in the Gaza Strip.

Reaffirming their commitment to a just, comprehensive and lasting peace, the ministers said this must be based on the Palestinian people’s inalienable right to self-determination and the establishment of an independent state, in line with international law, relevant UN Security Council resolutions and the Arab Peace Initiative.