Royal Commission for Riyadh City, RLC Global Forum announce strategic partnership

RLC Global Forum in 2025. Supplied
Short Url
Updated 29 January 2026
Follow

Royal Commission for Riyadh City, RLC Global Forum announce strategic partnership

  • Partnership reinforces Riyadh’s role as a global hub for retail leadership, investment, and economic transformation
  • Forum set for Feb. 3–4 will gather top business luminaries and decision-makers

RIYADH: The Royal Commission for Riyadh City and RLC Global Forum have announced a strategic partnership, reinforcing the Saudi capital's position as a global platform for retail leadership, investment, and economic transformation.

Under the partnership, the RCRC will serve as title partner and a principal public-sector partner, supporting alignment between the RLC Global Forum’s agenda and Riyadh’s development priorities, while bringing global perspectives in line with Saudi Arabia’s transformation agenda.

“Retail is an important enabler of Riyadh’s economic and urban future,” said Martyn Davies, head of city excellence at the RCRC.

“This partnership reflects our focus on building globally competitive systems that support investment, productivity, and long-term city performance in line with the objectives of Vision 2030,” he added

“Riyadh has emerged as one of the most consequential cities globally for the future of retail, lifestyle, and urban innovation,” said Panos Linardos, chairman of RLC Global Forum.

“Our partnership with the RCRC ensures that the forum elevates global discourse while directly advancing the Kingdom’s transformation agenda,” added Linardos.

The Fashion Commission and RLC Global Forum have also announced a strategic collaboration that will bring together leading figures from the fashion, retail, investment, and policymaking sectors in Riyadh, reinforcing the city’s position as a global hub for dialogue and for shaping the future of the fashion and retail industries.

The forum will connect leaders from fashion houses, retail groups, investment institutions, and government entities, fostering dialogue that links creativity with economic growth and supports the sector’s long-term development.

 

Burak Cakmak, CEO of the Fashion Commission, said: “Fashion today is deeply connected to global culture, capital, and influence. 

“This collaboration creates a space for meaningful dialogue between international leaders and the wider fashion ecosystem. 

“It reflects our commitment to building a globally engaged, future focused fashion sector that is open, connected, and ready for long-term growth.”

The RLC Global Forum is taking place on February 3 and 4 at the Fairmont Riyadh under the strategic theme “Growth Crossroads.”

The 2026 forum will explore six defining themes that capture the transformation reshaping global trade, consumption, and leadership: Growth in a Reordered World, AI and the Power of Multipliers, Global South as Growth Engine, Experience as Growth Infrastructure, Future Consumer Order, and Leadership Beyond Resilience.

The forum is designed as an exclusive, invitation-only experience and will bring together more than 2,000 global leaders, policymakers, and innovators from over 40 countries to define the next chapter of growth across retail, consumer, and lifestyle industries.

The forum will convene leaders from across the public and private sectors, reflecting the forum’s role as a trusted platform for senior-level engagement at the intersection of policy, investment, and industry leadership.

Hamat, a leading visionary shaping the Kingdom’s modern retail landscape, and Apparel Group, a global fashion and lifestyle retail conglomerate, have confirmed their role as headline partners.

Abdullah Al Tamimi, CEO of Hamat, said: “Retail is entering a new phase where growth is driven by relevance, resilience, and real economic value. Vision 2030 has positioned retail and lifestyle destinations as core drivers of development in Saudi Arabia, and at Hamat we are responding by developing and operating destinations built on genuine demand and strong commercial fundamentals. 

“Our strength goes beyond the destinations we create, extending to our team and the way we do business. We look forward to engaging with industry leaders at the RLC Global Forum and contributing to the next chapter of retail.”

Apparel Group’s CEO, Neeraj Teckchandani highlighted, “Participating in the 2026 RLC Global Forum reflects our belief in open dialogue, strategic collaboration, and long-term thinking. Apparel Group continues to evolve alongside the markets we operate in, and this forum provides a meaningful platform to engage with leaders shaping what comes next for global retail.”

This year’s programs include a conference in the plenary hall, hybrid hall with leading companies showcasing their latest products, strategic workshops designed to provide critical learning, roundtables, stage tracks with strategic sessions focused on critical topics, providing deep dives into specific categories and industry trends, RLC Lifetime Achievement Awards for key industry leaders, and deal signings where partnerships and agreements will be sealed, showcasing collaboration and strategic growth within the industry.


Saudi Arabia opens 3rd round of Exploration Empowerment Program

Updated 01 February 2026
Follow

Saudi Arabia opens 3rd round of Exploration Empowerment Program

RIYADH: Saudi Arabia’s Ministry of Industry and Mineral Resources, in collaboration with the Ministry of Investment, has opened applications for the third round of the Exploration Empowerment Program, part of ongoing efforts to accelerate mineral exploration in the Kingdom, reduce early-stage investment risks, and attract high-quality investment from local and international mining companies.

The third round of the Exploration Empowerment Program offers a comprehensive support package targeting exploration companies and mineral prospecting license holders.

The initiative aims to lower investment risks for projects and support a faster transition from prospecting to development.

"The program provides coverage of up to 70 percent of the total salaries of Saudi technical staff, such as geologists, during the first two years, increasing to 100 percent thereafter, in line with program requirements.

This support aims to develop talent, build national capabilities in mineral exploration, promote job localization, and facilitate the transfer of geological knowledge.

The application for the third round opened on Jan. 14, allowing participants to benefit from the Kingdom’s attractive investment environment, its stable legal framework, and streamlined regulatory structures, as well as integrated infrastructure that supports the transition from mineral resources to operational mines.

The ministry has set the timeline for the third round, with the application period running from Jan. 14 to March 31.

This will be followed by the evaluation, approval, and signing of agreements from April 1 to May 31, with the eligible projects set to be announced between June 1 and July 31 of the same year.

The program stages include submitting exploration data during the reimbursement and payment phase from Sept. 1 to Nov. 30, followed by technical and financial verification of work programs and approval of the disbursement of support funds in January 2027.

The exploration data will then be published on the National Geological Database in April 2027.

The ministry emphasized that the EEP focuses on supporting the exploration of strategically important minerals with national priority. It also contributes to enhancing geological knowledge by providing up-to-date data that meets international standards, helping investors make informed decisions and supporting the growth of national companies and local supply chains.

The ministry urged companies to apply early to benefit from the program’s third round, which coincided with the fifth edition of the International Mining Conference, which was held from Jan. 13 to 15.