{"id":90443,"date":"2024-10-13T00:00:00","date_gmt":"2024-10-13T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2024\/10\/13\/pif-isnt-investing-dazn-prince-faisal-bin-farhan-will-be-at-next-weeks-brics-summit\/"},"modified":"2024-10-13T00:00:00","modified_gmt":"2024-10-13T00:00:00","slug":"pif-isnt-investing-dazn-prince-faisal-bin-farhan-will-be-at-next-weeks-brics-summit","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2024\/10\/13\/pif-isnt-investing-dazn-prince-faisal-bin-farhan-will-be-at-next-weeks-brics-summit\/","title":{"rendered":"PIF isn\u2019t investing Dazn + Prince Faisal bin Farhan will be at next week\u2019s BRICs summit"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, wonderful people.<\/strong> It\u2019s the start of a new week that promises to keep us on our toes, if the news flow this morning is any indication. But before we get underway\u2026<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>FACT CHECK- Dazn Group isn\u2019t on the PIF\u2019s radar:<\/strong> The PIF said it has no current plans to invest in sports streaming platform <a target=\"_blank\" href=\"https:\/\/dazngroup.com\/\" style=\"\" rel=\"noopener\">Dazn<\/a>, dismissing earlier media reports suggesting that there were ongoing talks to acquire a stake in the UK-based group. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/deals\/saudi-arabias-pif-says-it-is-not-currently-talks-dazn-stake-2024-10-11\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-10-11\/saudi-arabia-s-pif-has-no-plans-to-invest-in-blavatnik-s-dazn\" style=\"\" rel=\"noopener\">Bloomberg<\/a>) <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WEATHER- Riyadh <\/strong>is looking at a high of 38\u00b0C, and a low of 21\u00b0C today. Over in <strong>Madinah<\/strong>, the temperature will peak at 39\u00b0C, before dropping to 25\u00b0C. Meanwhile, <strong>Jeddah <\/strong>will see a high of 36\u00b0C, and a low of 28\u00b0C.<\/p>\n<p class=\"tag-border-left\"> WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a> <strong>#1- Crown Prince Mohammed bin Salman will reportedly skip the BRICS summit in<\/strong><strong> Russia next week. <\/strong>Instead, Foreign Minister Faisal bin Farhan Al Saudi will represent Saudi Arabia at the summit, which runs from 22-24 October, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/saudis-mbs-will-not-attend-russias-brics-summit-2024-10-10\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing a Kremlin statement. The Crown Prince\u2019s absence will make Saudi Arabia the only country not represented by its leader, according to Russian President Vladimir Putin\u2019s foreign policy aide, Yuri Ushakov. Although Russia extended <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/25e491f7-eca3-4c49-876a-b7246b7ecefd\/crown-prince-hosts-russia%25e2%2580%2599s-lavrov-amid-gcc-ministerial-talks\" style=\"\" rel=\"noopener\">an invitation to the Crown Prince<\/a>, no reason was given for his absence.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Officials in Riyadh said <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/f48dabdb-e452-4158-b309-db4206855136\" style=\"\" rel=\"noopener\">earlier this year<\/a> that the Kingdom is still considering an invitation to join BRICS. The remarks in February came after South Africa\u2019s foreign minister said the Kingdom <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/22dfbf48-e5d5-40bc-b602-ba121a6c438b\" style=\"\" rel=\"noopener\">had formally joined the alliance<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- The Kingdom narrowly missed out on a seat on the 47-member UN Human Rights<\/strong> <strong>Council<\/strong> after receiving seven fewer votes than the Marshall Islands to represent the Asia-Pacific Group. The outcome of the secret ballot elections received ink in the foreign press (<a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/2024\/oct\/10\/saudi-arabia-narrowly-fails-in-bid-to-win-a-seat-on-un-human-rights-council\" style=\"\" rel=\"noopener\">The Guardian<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/united-nations-saudi-arabia-human-rights-council-2276e8bce8a1c5de838d250aa968bd64\" style=\"\" rel=\"noopener\">AP<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/saudi-arabia-narrowly-fails-win-seat-un-human-rights-council-2024-10-09\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/abcnews.go.com\/International\/saudi-arabia-bids-human-rights-spot-breaks-annual\/story?id=114342390\" style=\"\" rel=\"noopener\">ABC News<\/a>) <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">DATA POINTS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt2\"><\/a> <strong>#1- <\/strong><strong>PIF allocates green bond proceeds to projects:<\/strong> Of the USD 8.5 bn it raised through its two green bond issuances, the Public Investment Fund (PIF) has allocated USD 5.2 bn to projects as of this past June, according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/10\/912.pdf\" style=\"\" rel=\"noopener\">Allocation and Impact Report 2024 (pdf)<\/a>. This is part of a capital expenditure portfolio, worth over USD 19.4 bn, of eligible green projects identified by the fund. <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2024\/10\/11\/saudi-pif-allocates-5point2-billion-in-green-bonds-project-.html\" style=\"\" rel=\"noopener\">CNBC<\/a> also had the story.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The portfolio includes 91 projects<\/strong>, 18 of which are operational or partially operational, while the remaining 73 are under construction or in design.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Al Qassim\u2019s untapped mineral resources are estimated to be valued at SAR 122.3 bn<\/strong>, with key minerals including gold (SAR 87.7 bn), bauxite (SAR 24.6 bn), zinc (SAR 4.7 bn), copper (SAR 4 bn), and silver (SAR 1.4 bn), <a target=\"_blank\" href=\"https:\/\/spa.gov.sa\/en\/N2186244\" style=\"\" rel=\"noopener\">state news agency SPA<\/a> reports, citing Industry and Mineral Resources Spokesperson Jarrah Al Jarrah. The region hosts 32 mining complexes and 580 factories. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> The government reported earlier this year that the Kingdom\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/04617002-5b4e-4831-aaf0-70eaf09a44ba\/brazil-is-becoming-a-big-player-in-our-food-industry-%2B-color-on-ma%25e2%2580%2599aden%25e2%2580%2599s-very-ambitious-growth-target\" style=\"\" rel=\"noopener\">untapped mineral<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/04617002-5b4e-4831-aaf0-70eaf09a44ba\/brazil-is-becoming-a-big-player-in-our-food-industry-%2B-color-on-ma%25e2%2580%2599aden%25e2%2580%2599s-very-ambitious-growth-target\" style=\"\" rel=\"noopener\">reserves are valued at USD 2.5 tn<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">SPORTS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>The Green Falcons lost 0-2 to Japan in their World Cup Asian Qualifiers match in Jeddah<\/strong> on Thursday, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sports\/soccer\/south-korea-down-jordan-remain-unbeaten-world-cup-qualifying-2024-10-10\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported. The loss puts Saudi Arabia in third place in Group C with four points, coming out on top in just one of three matches so far. Australia is one spot ahead on goal differential. Saudi\u2019s next game is against Bahrain on Tuesday, 15 October at 9pm. <\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"ksa\/en\/user\/NewsLetters\" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>***<\/strong><strong>You\u2019re reading EnterpriseAM Saudi<\/strong>, your essential daily roundup of business, economics, and must-read news about Saudi, delivered straight to your inbox. We\u2019re out Sunday through Thursday by 7am Riyadh time.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EnterpriseAM Saudi is available without charge <\/strong>thanks to the generous support of our friends at Cenomi.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to send us a story idea<\/strong>, request coverage, ask for a correction, or otherwise get in touch? Reach out to us on <a target=\"_blank\" href=\"mailto:climate@enterprisemea.com\" style=\"\" rel=\"noopener\">saudi@enterpriseAM.com<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DID YOU KNOW <\/strong>that we also cover <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\" style=\"\" rel=\"noopener\">Egypt<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\" rel=\"noopener\">the UAE<\/a>, the MENA <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\" style=\"\" rel=\"noopener\">logistics<\/a> and  <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\" style=\"\" rel=\"noopener\">climate<\/a>  industries?<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Were you forwarded this email? <\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">Tap or click here<\/a> to get your own copy of EnterpriseAM Saudi delivered every weekday.<br \/><strong>***<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY ABROAD- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Israel expands its attacks on Lebanon: <\/strong>Israel <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/israel-orders-evacuation-more-southern-lebanese-towns-amid-rising-displacement-2024-10-12\/\" style=\"\" rel=\"noopener\">ordered<\/a> the evacuation of new locations in Lebanon yesterday as it ramped up its attacks. Yesterday\u2019s attacks across three different areas across the country \u2014 including one that was previously untouched \u2014 killed no less than 15 and injured 37 others. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Attacks on Gaza continue:<\/strong> Israeli forces ramped up their airstrikes in northern Gaza on Saturday, killing at least 29 Palestinians in the Jabaliya area. Residents in northern Gaza have not received any food aid since 1 October according to the UN World Food Program, which estimates that around 400k Gazans remain in the area. The UN independent food rights investigator has accused Israel of carrying a \u201cstarvation campaign,\u201d a claim that Israel denies. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/israeli-strikes-kill-19-people-gaza-medics-say-tanks-push-deeper-north-2024-10-12\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/mideast-wars-israel-hamas-hezbollah-gaza-lebanon-681c9c85541c8c96b802a1bad8e45e41\" style=\"\" rel=\"noopener\">Associated Press<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND IN BUSINESS NEWS- Boeing announced plans to cut 17k jobs \u2014 nearly 10% <\/strong><strong>of its workforce \u2014 and delay its delivery of the 777X jet<\/strong> as the embattled company enters its fifth week of a machinists\u2019 strike that has brought production of two of its models to a standstill. The company is currently waiting for the US\u2019 National Labor Relations Board to rule on the unfair labor practice charge Boeing filed against the machinists\u2019 union last week.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Boeing is feeling the pain: <\/strong>The machinists\u2019 strike comes after a particularly difficult year for the company, which has come under considerable scrutiny after a high-profile accident on one of its planes in January prompted questions about the airplane manufacturer\u2019s safety protocols and encouraged regulators to limit its production. S&P Global Ratings warned last week that Boeing\u2019s bonds could soon be downgraded to junk status, estimating that the strike is costing the airplane manufacturer around USD 1 bn per month. (<a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/0807d7e6-27e6-4561-8df2-424f201c2774\" style=\"\" rel=\"noopener\">Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/boeing-cut-17000-jobs-delay-first-777x-delivery-strike-hits-finances-2024-10-11\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2024\/10\/11\/boeing-layoffs-factory-strike.html\" style=\"\" rel=\"noopener\">CNBC<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- The 2024 Nobel Peace <\/strong><strong>Prize <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.nobelprize.org\/prizes\/peace\/2024\/press-release\/\" style=\"\" rel=\"noopener\">went to Japan\u2019s Nihon Hidankyo<\/a><\/strong>, a group of atomic bomb survivors who have dedicated their lives to push for \u201ca world free of nuclear weapons\u201d and demonstrate \u201cthrough witness testimony that nuclear weapons must never be used again.\u201d (<a target=\"_blank\" href=\"https:\/\/www.dw.com\/en\/nihon-hidankyo-what-to-know-about-nobel-peace-prize-winners\/a-70472647\" style=\"\" rel=\"noopener\">DW<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/japans-nihon-hidankyo-wins-2024-nobel-peace-prize-2024-10-11\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/articles\/cy5y23qgx0qo\" style=\"\" rel=\"noopener\">BBC<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/live\/2024\/10\/11\/world\/nobel-peace-prize-winner\" style=\"\" rel=\"noopener\">New York Times<\/a>) <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\"> CIRCLE YOUR CALENDAR-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The three-day 6 Kings Slam event at Riyadh\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/riyadhseason.com\/en-US\/zone\/the-venue\" style=\"\" rel=\"noopener\">Venue<\/a><\/strong><strong> kicks off this Wednesday, 16 October, <\/strong><strong>featuring all-star players competing for the largest purse in tennis history.<\/strong> The matches will see face offs between tennis champs Novak Djokovic, Rafael Nadal, Jannik Sinner, Carlos Alcaraz, Daniil Medvedev, and Holger Rune (<a target=\"_blank\" href=\"https:\/\/www.facebook.com\/watch\/?v=1502251807094847\" style=\"\" rel=\"noopener\">watch, runtime: 5:15<\/a>). The final and third-place match will be held on Saturday, 19 October. Book your tickets <a target=\"_blank\" href=\"https:\/\/webook.com\/en\/events\/6-kings-slam-rs24-394573\" style=\"\" rel=\"noopener\">here<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Professional Fighters League\u2019s (PFL) <\/strong><strong><a target=\"_blank\" href=\"https:\/\/pflmma.com\/BattleoftheGiants\" style=\"\" rel=\"noopener\">Battle of the Giants<\/a><\/strong><strong> is coming to Riyadh on<\/strong><strong> Saturday, 19 October.<\/strong> Headlining the card, MMA superstar Francis Ngannou will face PFL heavyweight champion Renan Ferreira for the title of inaugural PFL Super Champion. Meanwhile, women\u2019s featherweight champion Cris Cyborg will square off against Larissa Pachecho for the World Title Fight in the co-main event. Expect fireworks with additional matchups featuring Johnny Eblen vs. Fabian Edwards and A.J. McKee vs. Paul Hughes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The three-day <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.terrapinn.com\/exhibition\/seamless-saudi-arabia\/index.stm\" style=\"\" rel=\"noopener\">Seamless Saudi Arabia<\/a><\/strong><strong> will take place at the Riyadh Front Center on <\/strong><strong>Tuesday, 22 October<\/strong><strong>.<\/strong> Business leaders and entrepreneurs from around the world will gather to discuss the latest trends shaping the digital commerce and fintech sectors. Notable speakers include representatives from the World Economic Forum, our friends at Cenomi, as well as Al Rajhi Bank, Riyad Bank, and Saudi Awwal Bank, among others. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The two-day <\/strong><strong><a target=\"_blank\" href=\"https:\/\/mipforum.org\/\" style=\"\" rel=\"noopener\">Multilateral Industrial Policy Forum<\/a><\/strong><strong> will kick off in Riyadh on Wednesday, 23<\/strong><strong> October.<\/strong> The forum will address global industrial challenges, focusing on topics like industrial policy, clean energy, and advanced manufacturing tech. The forum is organized by The Industry and Mineral Resources Ministry in partnership with UNIDO. The Kingdom will also host the <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/N2176960\" style=\"\" rel=\"noopener\">UNIDO General Conference in 2025<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The four-day <\/strong><strong><a target=\"_blank\" href=\"https:\/\/bibanglobal.sa\/\" style=\"\" rel=\"noopener\">Biban24<\/a><\/strong><strong> Forum organized by Monsha\u2019at will run from Tuesday, 5 November <\/strong><strong>to Saturday 9 November in Riyadh.<\/strong> It will feature over 250 speakers and 1.4k exhibitors, focusing on supporting the growth and competitiveness of SMEs, as well as promoting entrepreneurship in the Kingdom. Biban24 will also host the Entrepreneurship World Cup finals, offer 420 workshops, and focus on key sectors like e-commerce and financing. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/cityscapeglobal.com\/\" style=\"\" rel=\"noopener\">Cityscape Global<\/a><\/strong><strong> will land in Riyadh\u2019s International Convention and Exhibition Center on <\/strong><strong>11-14 November. <\/strong>With over 400 exhibitors, 500 speakers, and 7 conferences, the real estate event is stretching its scope this year with additional sectors like sustainable smart buildings, stadiums, attractions, and smart cities. Backed by the Municipalities and Housing Ministry, the event will also bring the Saudi sports infrastructure boom to the forefront, including newly-announced stadiums.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/informaconnect.com\/saudi-intermobility-expo\/\" style=\"\" rel=\"noopener\">Saudi Intermobility Expo 2024<\/a><\/strong><strong> will take place on 11-13 November <\/strong>at the Jeddah International Exhibition and Convention Center. As the largest transportation event in the MENA region, it will host over 7k decision-makers from 30 countries, highlighting the latest developments in smart sustainable mobility, infrastructure, and urban planning.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Saudi General Aviation Airshow <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/events-and-conferences\/saudi-general-aviation-airshow-sand-and-fun-returns-to-riyadh-bigger-and-better-ksjzmdmy\" style=\"\" rel=\"noopener\">Sand & Fun 2024<\/a><\/strong><strong> will run from Tuesday, 19<\/strong> <strong>November to Saturday 23 at Al Thumamah Airport, Riyadh.<\/strong> Organized by the Saudi Aviation Club, the event will feature 100+ exhibitors and 15 airshow teams, with over 100k visitors expected. Sand & Fun is a key platform for exploring aviation tech, fostering partnerships, and driving industry growth.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PLUS: PIF isn\u2019t investing in Dazn<\/p>\n","protected":false},"author":1,"featured_media":90444,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2540],"tags":[111,10,1151,252,9],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-90443","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-brics","tag-enterpriseam-ksa","tag-public-investment-fund-pif","tag-qassim","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"dd8f5039-9a5b-4ed8-8a3e-d02a1694a005","order":"2","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/7\/955.jpg","photo_position":"above","homepage_title":"","full_issue_title":"THIS MORNING: Prince Faisal bin Farhan will be at next week\u2019s BRICs summit","related_issue":[90441],"teaser":"PLUS: PIF isn\u2019t investing in Dazn","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/10\/.ecb02e4e-c062-45a3-a7df-ba0b9212115a.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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