New Board of Directors for Saudi Arabia’s Qiddiya Company

New Board of Directors for Saudi Arabia’s Qiddiya Company
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New Board of Directors for Saudi Arabia’s Qiddiya Company

New Board of Directors for Saudi Arabia’s Qiddiya Company

The Saudi Public Investment Fund (PIF) has approved a new board of directors for Qiddiya Investment Company.

Crown Prince Mohammad bin Salman bin Abdulaziz will head the new board. Its members include Prince Abdulaziz bin Turki Al-Faisal, Prince Turki bin Hadhloul bin Abdulaziz, Prince Badr bin Abdullah bin Farhan, Majid bin Abdullah Al-Hogail, Ahmed bin Aqeel Al-Khatib, Eng. Ibrahim bin Muhammad Al-Sultan, Fahd bin Abdulmohsen Al-Rasheed, Eng. Faisal Bafart, and Dr. Rakan Al-Harthi.

The PIF had launched the Qiddiya project to be an entertainment destination, including sports, arts, and more than 300 different facilities, for Saudi youth.

A vibrant city located on a distinguished location west of Riyadh, with an area of 334 square kilometers, the project will contribute to enhancing the economic diversity of the Kingdom in line with Saudi Vision 2030.



Saudi Arabia Welcomes Agreement between Yemen Govt, Houthis

Saudi Arabia reiterates its continued support for the Yemeni government and people. (Asharq al-Awsat)
Saudi Arabia reiterates its continued support for the Yemeni government and people. (Asharq al-Awsat)
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Saudi Arabia Welcomes Agreement between Yemen Govt, Houthis

Saudi Arabia reiterates its continued support for the Yemeni government and people. (Asharq al-Awsat)
Saudi Arabia reiterates its continued support for the Yemeni government and people. (Asharq al-Awsat)

Saudi Arabia welcomed on Wednesday the agreement announced by the United Nations Secretary-General's Special Envoy to Yemen, Hans Grundberg, between the Yemeni government and the Houthi group.
The agreement was reached on Tuesday between the legitimate Yemeni government and Iran-backed Houthi militias to de-escalate the situation with regard to the Yemeni banking sector and the national airlines, Yemenia.
The Saudi foreign Ministry stressed Riyadh’s unwavering support for Yemen, its government and people, expressing keenness on de-escalation.
In a statement on its X account on Wednesday, the Ministry said it looks forward to the Yemeni parties sitting for dialogue under the patronage of the UN envoy's office to discuss all economic and humanitarian issues in the hopes of paving the way for a comprehensive political solution for the Yemeni crisis.