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Media Oasis Keeps Pace with Major Events in Saudi Arabia

The Media Oasis presents the Kingdom’s major national projects to international media delegations - (SPA)
The Media Oasis presents the Kingdom’s major national projects to international media delegations - (SPA)
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Media Oasis Keeps Pace with Major Events in Saudi Arabia

The Media Oasis presents the Kingdom’s major national projects to international media delegations - (SPA)
The Media Oasis presents the Kingdom’s major national projects to international media delegations - (SPA)

The fourth edition of the Media Oasis was launched in Riyadh on Friday with the aim of developing media coverage on major occasions and national events.

The Media Oasis, which coincides with the Kingdom’s hosting of three high-level summits this week, provides a cutting-edge space and an interactive environment for media professionals.

Stretching over 18,000 square meters, the Media Oasis showcases over 30 major national transformational projects, including NEOM, across six pavilions highlighting the developmental accomplishments of these initiatives.

The Oasis includes seven zones, namely the Welcome Zone, the Saudi Hospitality, the Communication, the Oasis Valley, the Cultural Bridge, and the Oasis Suites and Theater.

The Media Oasis is held in collaboration with key entities such as the Ministry of Sports, the Royal Commission for AlUla Governorate, the Aseer Region Development Authority, the Diriyah Company, the Saudi Fund for Development, the King Salman Humanitarian Aid and Relief Center, the Saudi Export and Import (EXIM) Bank, the Sports Boulevard Project, the Konoz Initiative, the Royal Institute of Traditional Arts (TRITA), and Jahez Company.

Saudi Arabia hosted on Friday the first Saudi-African Union Summit, and will hold on Saturday the Extraordinary Arab Summit and the Extraordinary Islamic Summit to discuss the developments in Gaza.

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Buyer Splashes Out $1.3 Million for Tokyo New Year Tuna

The head of a 276-kilogram bluefin tuna that was auctioned for 207 million Japanese yen (about 1.3 million US dollars), which was bought jointly by sushi restaurant operator Onodera Group and wholesaler Yamayuki, is carried by a sushi chef at an Onodera sushi restaurant after the first tuna auction of the New Year in Tokyo, Japan January 5, 2025. (Reuters)
The head of a 276-kilogram bluefin tuna that was auctioned for 207 million Japanese yen (about 1.3 million US dollars), which was bought jointly by sushi restaurant operator Onodera Group and wholesaler Yamayuki, is carried by a sushi chef at an Onodera sushi restaurant after the first tuna auction of the New Year in Tokyo, Japan January 5, 2025. (Reuters)
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Buyer Splashes Out $1.3 Million for Tokyo New Year Tuna

The head of a 276-kilogram bluefin tuna that was auctioned for 207 million Japanese yen (about 1.3 million US dollars), which was bought jointly by sushi restaurant operator Onodera Group and wholesaler Yamayuki, is carried by a sushi chef at an Onodera sushi restaurant after the first tuna auction of the New Year in Tokyo, Japan January 5, 2025. (Reuters)
The head of a 276-kilogram bluefin tuna that was auctioned for 207 million Japanese yen (about 1.3 million US dollars), which was bought jointly by sushi restaurant operator Onodera Group and wholesaler Yamayuki, is carried by a sushi chef at an Onodera sushi restaurant after the first tuna auction of the New Year in Tokyo, Japan January 5, 2025. (Reuters)

The top bidder at a Tokyo fish market said they paid $1.3 million for a tuna on Sunday, the second highest price ever paid at an annual prestigious new year auction.

Michelin-starred sushi restauranteurs the Onodera Group said they paid 207 million yen for the 276-kilogram (608 pound) bluefin tuna, roughly the size and weight of a motorbike.

It is the second highest price paid at the opening auction of the year in Tokyo's main fish market since comparable data started being collected in 1999.

The powerful buyers have now paid the top price for five years straight -- winning bragging rights and a lucrative frenzy of media attention in Japan.

"The first tuna is something meant to bring in good fortune," Onodera official Shinji Nagao told reporters after the auction. "Our wish is that people will eat this and have a wonderful year."

The Onodera Group paid 114 million yen for the top tuna last year.

But the highest ever auction price was 333.6 million yen for a 278-kilogram bluefin in 2019, as the fish market was moved from its traditional Tsukiji area to a modern facility in nearby Toyosu.

The record bid was made by self-proclaimed "Tuna King" Kiyoshi Kimura, who operates the Sushi Zanmai national restaurant chain.

During the Covid-19 pandemic the new year tunas commanded only a fraction of their usual top prices, as the public were discouraged from dining out and restaurants had limited operations.