عربي English Türkçe اردو فارسى
Logo
Latest News
Varieties

Saudi Arabia Promotes Investment Environment to Fund Cultural Projects

A night view of Riyadh, Saudi Arabia. (SPA)
A night view of Riyadh, Saudi Arabia. (SPA)
TT
TT

Saudi Arabia Promotes Investment Environment to Fund Cultural Projects

A night view of Riyadh, Saudi Arabia. (SPA)
A night view of Riyadh, Saudi Arabia. (SPA)

Saudi Arabia’s Cultural Development Fund launched a partnership with the private sector to bolster the investment environment in the cultural field and provide a crowdfunding opportunity for the first creative projects.

The partnership agreement was signed with Beehive company, which provides an inspiring environment for entrepreneurs and artists.

The Fund, which was established with a capital of half a billion riyals (about $133.32 million), seeks to support cultural development and its sustainability by allocating sustainable funding from the public and private sectors with optimal financing mechanisms to support cultural projects and ensure their success.

It seeks to boost crowdfunding opportunities and investment in the cultural sector to develop small and medium enterprises in an attempt to advance the cultural sector, develop promising cultural projects, and provide liquidity to revive the creative movement.

The Saudi cultural sector is preparing for a phase of thriving arts, culture and creative production, in line with investment plans in the sector and efforts to enhance its role in quality of life and sustainable economic development.

Head of Strategy and Partnerships at King Abdulaziz Center for World Culture (Ithra) Fatmah al-Rashid said the sustainability of cultural projects is one of the key challenges facing the sector.

Institutions are trying to address this challenge through many ways that ensure ongoing production, Rashid added.

She pointed out that the demand for the cultural products is greater than the supply, which requires efforts to develop initiatives and projects and encourage production and talents.

She further indicated that the Saudi institutions operating in the cultural field are expected to support the promising cultural sector, emerging talents, youth capabilities, and cultural and creative content.

She stressed that these efforts help in promoting the growth of the creative sector, expand its scope by creating jobs and providing an added value to the national economy and the innovation industry in line with the Kingdom’s Vision 2030 to transform into a knowledge-based economy.

Most Viewed

 
 
Varieties

Saudi Reef: Coffee Production Reaches 7,400 Tons in 2026

The program also provides specialized training in organic farming, pest control, modern irrigation, and coffee cultivation - SPA
The program also provides specialized training in organic farming, pest control, modern irrigation, and coffee cultivation - SPA
TT
TT

Saudi Reef: Coffee Production Reaches 7,400 Tons in 2026

The program also provides specialized training in organic farming, pest control, modern irrigation, and coffee cultivation - SPA
The program also provides specialized training in organic farming, pest control, modern irrigation, and coffee cultivation - SPA

The Sustainable Agricultural Rural Development Program (Saudi Reef) reported that Saudi coffee production rose from 800 tons annually in 2020 to approximately 7,400 tons in 2026, an increase of more than 825%, supporting Saudi Vision 2030 objectives.

Saudi Reef spokesperson Majed Al-Buraikan said the number of beneficiaries in the coffee sector exceeded 6,200 in 2026, up 207% from 2021, while total support surpassed SAR 185 million, SPA reported.

The funding supports small-scale producers, agricultural investment, and coffee value chains.

Al-Buraikan said approximately 4.4 million coffee seedlings are expected to raise production to more than 20,000 tons at full capacity.

The program also provides specialized training in organic farming, pest control, modern irrigation, and coffee cultivation.

Development efforts included producing 1,000 improved cuttings to enhance varieties and productivity, agricultural projects involving 8,000 coffee seedlings, and cultivation trials at 12 sites to expand cultivation and improve yields, quality, and sustainability.

The program’s 2026 targets included increasing annual production to 7,000 tons and raising self-sufficiency from 0.5% to 4.4%. Actual production exceeded the target, reaching 7,400 tons.

Varieties

KAUST Unveils Landmark Coral Facility on Red Sea, Advancing Saudi Scientific Expertise and Marine Conservation

KCRI is designed to restore the Red Sea reefscape and offer a framework that coral restoration programs worldwide can adopt. (SPA)
KCRI is designed to restore the Red Sea reefscape and offer a framework that coral restoration programs worldwide can adopt. (SPA)
TT
TT

KAUST Unveils Landmark Coral Facility on Red Sea, Advancing Saudi Scientific Expertise and Marine Conservation

KCRI is designed to restore the Red Sea reefscape and offer a framework that coral restoration programs worldwide can adopt. (SPA)
KCRI is designed to restore the Red Sea reefscape and offer a framework that coral restoration programs worldwide can adopt. (SPA)

The King Abdullah University of Science and Technology (KAUST) launched the KAUST Coral Restoration Initiative’s large-scale coral facility, restoring and advancing one of Saudi Arabia’s most precious natural assets, reported the Saudi Press Agency on Wednesday.

On Saudi Arabia’s Red Sea coast, the KAUST Coral Restoration Initiative (KCRI) land-based nursery and research campus is now growing corals at scale. It is designed to produce up to 360,000 corals a year, to outplant more than two million corals across 100 hectares of reef at Shushah Island by 2030, and to establish a resilient reef ecosystem by 2040.

This opening of the world’s largest coral restoration facility, announced at COP31 in Antalya, arrives at a moment of acute urgency for the world’s reefs. The fourth global coral bleaching event, confirmed by NOAA as the most severe in recorded history, affected more than 84% of the world’s reef area between 2023 and 2025.

Coral reefs support around a quarter of all marine species, protect coastlines from storms and sustain the livelihoods of more than 500 million people. (SPA)

The Red Sea is the right place to start. Its corals live in some of the warmest, saltiest waters on Earth, and they hold lessons about resilience that reefs everywhere will need. KCRI combines the Red Sea’s unique corals with KAUST’s world-class marine science to learn how corals can be grown at scale and conditioned to withstand warmer water before they return to the reef.

The initiative also draws on the expertise of the Coral Research and Development Accelerator Platform (CORDAP), which works internationally to accelerate scientific and technological solutions for coral reef conservation and restoration.

KCRI brings four components together in a single restoration system, including a large-scale land-based coral nursery, sea-based nurseries, more than 50 research programs spanning coral probiotics, heat-resilient corals, robotics and AI-driven modelling and eCoral, an AI-driven digital twin of the reefscape that guides where and how every coral is planted and monitored.

Saudi scientists, divers and aquarists are playing an important role in KCRI’s restoration efforts, developing specialist expertise in coral cultivation, marine science and reef restoration. (SPA)

Saudi scientists, divers and aquarists are playing an important role in KCRI’s restoration efforts, developing specialist expertise in coral cultivation, marine science and reef restoration. Beyond its restoration activities, KCRI represents a long-term investment in Saudi Arabia’s marine science capabilities.

Coral reefs support around a quarter of all marine species, protect coastlines from storms and sustain the livelihoods of more than 500 million people. KCRI is designed to restore the Red Sea reefscape and offer a framework that coral restoration programs worldwide can adopt.

KAUST is also working with international partners on how coral diversity can be safeguarded for future generations.

Varieties

Portugal Closes All Schools and Non-Essential Services Ahead of a Major Atlantic Storm

Heavy machinery clears the debris from a landslide along the Marocos road in Machico municipality, on the Portuguese island of Madeira, due to severe weather caused by the passage of Storm Charles, 11 November 2026. (EPA)
Heavy machinery clears the debris from a landslide along the Marocos road in Machico municipality, on the Portuguese island of Madeira, due to severe weather caused by the passage of Storm Charles, 11 November 2026. (EPA)
TT
TT

Portugal Closes All Schools and Non-Essential Services Ahead of a Major Atlantic Storm

Heavy machinery clears the debris from a landslide along the Marocos road in Machico municipality, on the Portuguese island of Madeira, due to severe weather caused by the passage of Storm Charles, 11 November 2026. (EPA)
Heavy machinery clears the debris from a landslide along the Marocos road in Machico municipality, on the Portuguese island of Madeira, due to severe weather caused by the passage of Storm Charles, 11 November 2026. (EPA)

Portugal closed all schools and shuttered non-essential public services on Wednesday as a major Atlantic storm headed for the country's mainland.

Streets remained largely deserted ahead of the arrival of Storm Charles after the government told people to stay at home as heavy rain and rough seas were expected to batter the Portuguese coast, with wind gusts of up to 140 kph (85 mph).

It was the first time in living memory that Portugal’s roughly 8,000 schools had canceled classes nationwide over a storm forecast.

Buses without passengers drove through the country's capital, Lisbon, where some streets flooded due to clogged drains. A national supermarket chain closed its stores, while an international technology conference in Lisbon attended by around 70,000 people called off the day's events.

In January, the country's center-right government faced harsh criticism for its weak response when Storm Kristin hit central Portugal, felling thousands of trees and causing widespread property damage that is still being repaired.

The brunt of Storm Charles was expected to hit the Atlantic coast on Wednesday afternoon and evening, coming from the southwest after it had struck the Portuguese island of Madeira on Tuesday with 130 kph (81 mph) winds.