Saudi Arabia Launches Tech Talent Hub Initiative to Boost Digital Economy Growth

The initiative aims to support the tech sector and boost the growth of the digital economy. SPA
The initiative aims to support the tech sector and boost the growth of the digital economy. SPA
TT

Saudi Arabia Launches Tech Talent Hub Initiative to Boost Digital Economy Growth

The initiative aims to support the tech sector and boost the growth of the digital economy. SPA
The initiative aims to support the tech sector and boost the growth of the digital economy. SPA

The Saudi Ministry of Communications and Information Technology has launched the Tech Talent Hub initiative in collaboration with recruitment and human resources (HR) companies to offer its services and benefits to technology startups and national digital talent.

The initiative aims to support the tech sector and boost the growth of the digital economy.

The ministry aims to accelerate the growth of tech startups by providing comprehensive support for advanced HR services, enabling these companies to reach their full potential and actively contribute to the development of the tech sector, in line with Saudi Vision 2030 aspirations for a sustainable and prosperous future.

The initiative will provide HR services such as recruitment, hiring, outsourcing, HR systems, consulting, skills assessments, and other services.
The collaborating companies will empower tech sector beneficiaries, including companies and skilled professionals, to leverage the available resources.



Türkiye Receives Waiver for Gas Payments to Russia from Gazprombank Sanctions

A view shows a board with the logo of Gazprombank at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 5, 2024. REUTERS/Anton Vaganov/File Photo
A view shows a board with the logo of Gazprombank at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 5, 2024. REUTERS/Anton Vaganov/File Photo
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Türkiye Receives Waiver for Gas Payments to Russia from Gazprombank Sanctions

A view shows a board with the logo of Gazprombank at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 5, 2024. REUTERS/Anton Vaganov/File Photo
A view shows a board with the logo of Gazprombank at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 5, 2024. REUTERS/Anton Vaganov/File Photo

Türkiye has received an exemption for gas payments to Russia after the United States imposed sanctions on Gazprombank, Turkish Energy Minister Alparslan Bayraktar revealed in response to a question from Reuters.

The US imposed new sanctions on Russia's Gazprombank in November, creating an obstacle for buyers of Russian gas, which had been using the bank to make payments. They have since been seeking clarification and exploring other ways to pay.

Türkiye imports almost all its gas requirement and Russia is the top supplier, providing more than 50% of the country's pipeline imports.

Ankara's pipeline gas imports from Russia stood at 21.1 bcm last year.

Türkiye had requested an exemption in discussions with US officials so that it can continue paying for Russian natural gas imports via Gazprombank.

The US on Thursday also granted a waiver to Hungary, which mainly relies on Russian oil and gas.