Apple Committed to Supporting Saudi Arabia in Digital Transformation Plan

Esther Hare, Apple’s senior director of Worldwide Developer Marketing and executive sponsor of Women at Apple. (Asharq Al-Awsat)
Esther Hare, Apple’s senior director of Worldwide Developer Marketing and executive sponsor of Women at Apple. (Asharq Al-Awsat)
TT
20

Apple Committed to Supporting Saudi Arabia in Digital Transformation Plan

Esther Hare, Apple’s senior director of Worldwide Developer Marketing and executive sponsor of Women at Apple. (Asharq Al-Awsat)
Esther Hare, Apple’s senior director of Worldwide Developer Marketing and executive sponsor of Women at Apple. (Asharq Al-Awsat)

Esther Hare, Apple’s senior director of Worldwide Developer Marketing and executive sponsor of Women at Apple, underlined the company’s commitment to helping Saudi Arabia in its digital transformation plan.

In an interview with Asharq Al-Awsat, Hare stressed that Apple was proud of the launch of its first regional academy for women in Riyadh, to provide new job opportunities in the app economy for women across the region.

Apple recently celebrated the fruits of its partnership with Saudi Arabia, with the graduation of more than 100 young women from the Apple Academy at Princess Nourah University in Riyadh, where they produced more than 100 applications that would help and accelerate the digital transformation process to accomplish many Saudi Vision projects by 2030.

Hare noted that Saudi Arabia was selected as a regional hub for the Apple Academy, thanks to the tremendous opportunities and changes taking place in the Kingdom, which made Apple focus on diversity and inclusion and provide the application ecosystem to the largest number of people.

She added that the company was looking forward to expanding the diversity of the developer database and creating apps for the iPhone and other company platforms.

The headquarters of the Apple Academy are located within Princess Nourah bint Abdulrahman University - the largest women’s university in the world, Hare underlined.

Hare told Asharq Al-Awsat: “They are very successful partners… We are thrilled to be partnering here… and really excited to focus on education now in the country. We talk about the people, the energy, the beautiful building, everything that makes today possible and seeing these graduates really come through the program. It is exciting.”

She stressed that Saudi Arabia was the 19th largest economy in the world, boasting huge investment opportunities. She added that Apple was committed to the changes happening in the Kingdom, and excited to see Saudi women graduating from Apple Academy.

Among the factors that will contribute to the success of the academy, according to Hare, is the availability of energy and people. She noted in this regard that the graduates were enthusiastic about the work and the transformation they were making in a successful learning environment.

Regarding Apple Academy’s contribution to helping Saudi Arabia in its transformation plan, Hare said: “We are committed to Saudi Arabia’s ambitious plan, as Apple Academic Developer is designed to provide tools and training for aspiring entrepreneurs, developers and designers to find and create jobs in the flourishing iOS application economy. We designed this program to uplift communities and provide job opportunities for young people around the world.”

Hare told Asharq Al-Awsat that digital transformation would require a new set of workforce, full of new tools, ideas and new skills. Moreover, she added that the academy was designed to fully prepare the graduates to engage directly in the industry and achieve the required transformation.

“These graduates are prepared to head straight into the job market. I met 100 young women who represent the future of the tech industry here in the Kingdom,” said Hare.

“The app developer community will expand every year, and I am confident that we will continue to see not only massive growth, but also tremendous talent to come from this region,” she remarked.

Hare noted that the Academy programs cover the use of Swift to develop iOS applications, along with courses on marketing, business and cooperation skills, business management, decision-making and entrepreneurship.

“Many of the female graduates here have had great jobs while starting their careers as iOS developers, UX designers, project managers and more... As we expand the program, we expect to eventually reach more than 600 women each year with world-class learning opportunities,” she told Asharq Al-Awsat.

Hare went on to say that the Apple Academy at Princess Nourah University was the first academy dedicated to programmers and entrepreneurs internationally, and designed to empower women in the region and support them in career development.



Riyadh, Ottawa Launch Foreign Investment Agreement and Reactivate Joint Commission

The Saudi Minister of Investment meets with the Canadian Minister of Trade. Asharq A-Awsat
The Saudi Minister of Investment meets with the Canadian Minister of Trade. Asharq A-Awsat
TT
20

Riyadh, Ottawa Launch Foreign Investment Agreement and Reactivate Joint Commission

The Saudi Minister of Investment meets with the Canadian Minister of Trade. Asharq A-Awsat
The Saudi Minister of Investment meets with the Canadian Minister of Trade. Asharq A-Awsat

Saudi Arabia and Canada have launched negotiations on a Foreign Investment and Protection Agreement in the Canadian capital, Ottawa, a move reflecting the shared commitment to strengthening bilateral economic relations.

The talks coincided with a visit by a high-level Saudi delegation led by the Minister of Investment, Eng. Khalid Al-Falih, during which both sides announced the reactivation of the Joint Economic Commission.

These developments are gaining significant momentum, supported by Canada’s endorsement of Saudi Vision 2030 and the two countries’ willingness to expand their economic partnership across vital and non-oil sectors.

The Canadian Ambassador to Saudi Arabia, Jean-Philippe Linteau, told Asharq Al-Awsat that Canada was thrilled to welcome Al-Falih.

“His meetings with Prime Minister Mark Carney, Minister of Trade Maninder Sidhu and Foreign Minister Anita Anand, as well as with senior Canadian business leaders, were a clear illustration of Canada’s desire to grow the economic partnership between Saudi Arabia and Canada,” said Linteau.

The diplomat added that “there is growing momentum because of Canada’s support for the Kingdom’s Vision 2030 goals and the visit helped advance key engagement on trade and investment as well as partnerships in sectors such as education, mining, AI and infrastructure.”

In 2024, Saudi Arabia was Canada’s largest merchandise trading partner in the Middle East. Two-way merchandise trade between the two countries in 2024 was valued at approximately $4.1 billion.

Over 150 Canadian companies are active in Saudi Arabia, offering competitive solutions in artificial intelligence and frontier technology, healthcare, infrastructure, mining, defense products, and creative industries.

During their meeting in Ottawa, Sidhu and Al-Falih announced the launch of negotiations for a Foreign Investment and Protection Agreement between Canada and Saudi Arabia. They also announced the reactivation of the Joint Economic Commission, a treaty-based mechanism to promote trade and economic initiatives of mutual benefit.

Sidhu and Al-Falih welcomed the October 23 signing of a memorandum of understanding between Export Development Canada and the Saudi EXIM Bank.

The increased partnership between Canada and Saudi Arabia will boost business opportunities, increase bilateral trade and unlock export opportunities and investments in Canadian and Saudi Arabian companies alike.

The two ministers also discussed future strategic sector partnerships between Canadian and Saudi Arabian companies, including in the areas of artificial intelligence and frontier technologies, healthcare, infrastructure, mining, defense, and creative industries.

They also met with business leaders and industry stakeholders, participated in a business round table with Invest in Canada and focused on deepening Canada-Saudi relations by highlighting commercial success stories between Canadian and Saudi companies.

“Saudi Arabia is an important market for Canada as our largest bilateral merchandise trading partner in the Middle East. We’re committed to advancing economic cooperation and mutually beneficial investment opportunities to foster greater commercial prosperity for Canadians and Saudis,” Sidhu said in a statement.

“I look forward to strengthening the relationship between our two countries and promoting continued cooperation for our businesses, industries and workers,” he added.


Egypt Inflation Accelerates to 12.5% in October 

A huge banner hangs off a building along the ring road, advertising the opening of the Grand Egyptian Museum (GEM) in Giza, as vehicles drive towards the southwestern outskirts of the capital Cairo on November 1, 2025. (AFP)
A huge banner hangs off a building along the ring road, advertising the opening of the Grand Egyptian Museum (GEM) in Giza, as vehicles drive towards the southwestern outskirts of the capital Cairo on November 1, 2025. (AFP)
TT
20

Egypt Inflation Accelerates to 12.5% in October 

A huge banner hangs off a building along the ring road, advertising the opening of the Grand Egyptian Museum (GEM) in Giza, as vehicles drive towards the southwestern outskirts of the capital Cairo on November 1, 2025. (AFP)
A huge banner hangs off a building along the ring road, advertising the opening of the Grand Egyptian Museum (GEM) in Giza, as vehicles drive towards the southwestern outskirts of the capital Cairo on November 1, 2025. (AFP)

Egypt's annual urban consumer price inflation rose more than expected to 12.5% in October, ending a four-month downward trend, data from statistics agency CAPMAS showed on Monday.

The median forecast had been for inflation to rise to 12% in a poll of 14 analysts, some of whom cited an increase in fuel prices and a new law allowing landlords to raise rents. The inflation rate rose from 11.7% in September.

Month-on-month, prices rose by 1.8% in October, CAPMAS said. Food and beverage prices rose by an annual 1.5% and by a monthly 1.2%, it said.

The government on October 17 increased the price of a wide range of fuel products by nearly 13%.

A new law letting landlords raise monthly rents took effect in early August, applicable with the first subsequent rent payment. This means the first increases would have been reflected in September inflation figures.

The annual inflation rate has plunged from a record 38% in September 2023, helped by an $8 billion financial support package from the International Monetary Fund in March 2024.

M2 money supply growth, at an annual 22.9% in September, was little changed from August, central bank data showed.

Slowing inflation prompted Egypt's central bank to cut its overnight lending rate by 100 basis points on October 2, following an August 28 cut of 200 basis points, this year's third and fourth reductions.


Sharaa, Georgieva Discuss Syria’s ‘Economic Transformation’

This handout picture released by the Syrian Presidency's Telegram page, shows Syria's President Ahmed al-Sharaa (L) and Syrian Foreign Minister Asaad al-Shaibani, (2nd-R) walking with International Monetary Fund (IMF) Managing Director Kristalina Georgieva ahead of their meeting in Washington D.C. on November 9, 2025. (Photo by Syrian Presidency Telegram Page / AFP)
This handout picture released by the Syrian Presidency's Telegram page, shows Syria's President Ahmed al-Sharaa (L) and Syrian Foreign Minister Asaad al-Shaibani, (2nd-R) walking with International Monetary Fund (IMF) Managing Director Kristalina Georgieva ahead of their meeting in Washington D.C. on November 9, 2025. (Photo by Syrian Presidency Telegram Page / AFP)
TT
20

Sharaa, Georgieva Discuss Syria’s ‘Economic Transformation’

This handout picture released by the Syrian Presidency's Telegram page, shows Syria's President Ahmed al-Sharaa (L) and Syrian Foreign Minister Asaad al-Shaibani, (2nd-R) walking with International Monetary Fund (IMF) Managing Director Kristalina Georgieva ahead of their meeting in Washington D.C. on November 9, 2025. (Photo by Syrian Presidency Telegram Page / AFP)
This handout picture released by the Syrian Presidency's Telegram page, shows Syria's President Ahmed al-Sharaa (L) and Syrian Foreign Minister Asaad al-Shaibani, (2nd-R) walking with International Monetary Fund (IMF) Managing Director Kristalina Georgieva ahead of their meeting in Washington D.C. on November 9, 2025. (Photo by Syrian Presidency Telegram Page / AFP)

Syrian President Ahmed al-Sharaa met during his visit to Washington with International Monetary Fund chief Kristalina Georgieva to discuss Syria’s “economic transformation.”

“It was a privilege to welcome President Ahmed al-Sharaa to the IMF. We discussed the economic transformation Syrians need & deserve—which his government is making possible,” Georgieva said on X on Sunday.

“I reiterated IMF's readiness to help, including through our existing technical support for key institutions,” she added.

US President Donald Trump is set to welcome al-Sharaa on Monday in the first-ever visit by a Syrian president to the White House.

Also Sunday, al-Sharaa met with the Syrian community in Washington, D.C., attended by Foreign Minister Asaad al-Shaibani and US Special Envoy to Syria Tom Barrack.

During the meeting, al-Sharaa highlighted the important role of Syrians abroad in maintaining strong ties with their homeland, conveying Syria’s true image, and defending its just causes. He praised their efforts and initiatives as demonstrations of deep belonging and pride in their nation.

For his part, al-Shaibani thanked the community for its contributions and role in supporting the homeland from abroad, stressing that the government
keeps channels of communication open with Syrian expats.

Barrack also delivered remarks, commending the Syrian community’s role in strengthening relations between Syria and the international community.