{"id":91626,"date":"2024-11-18T00:00:00","date_gmt":"2024-11-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2024\/11\/18\/faisal-bin-farhan-lands-in-rio-for-g20-summit\/"},"modified":"2024-11-18T00:00:00","modified_gmt":"2024-11-18T00:00:00","slug":"faisal-bin-farhan-lands-in-rio-for-g20-summit","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2024\/11\/18\/faisal-bin-farhan-lands-in-rio-for-g20-summit\/","title":{"rendered":"Faisal bin Farhan lands in Rio for G20 summit"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, friends.<\/strong> It\u2019s a reasonably brisk Monday morning, with fresh projections from the Institute of International Finance projecting turbocharged GDP growth for Saudi in 2025 on the back of resumed oil production and continued investments in megaprojects.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a> <strong>ALSO- Foreign Minister Prince Faisal bin Farhan is leading Saudi Arabia\u2019s delegation at the G20<\/strong><strong> summit in Rio de Janeiro, <\/strong>according to <a target=\"_blank\" href=\"https:\/\/spa.gov.sa\/N2208733\" style=\"\" rel=\"noopener\">state news agency SPA<\/a>. He arrived yesterday to represent the Kingdom in place of Crown Prince and Prime Minister Mohammed bin Salman. Joining him at the summit is Finance Minister Mohammed Al Jadaan.<\/p>\n<p class=\"tag-border-left\">HAPPENING THIS WEEK-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt2\"><\/a> <strong>IPO WATCH #1- <\/strong>The offering period for Multi Business Group\u2019s (MBG) Nomu IPO wraps up today. The local contractor is guiding on a price range of SAR 13-15 per share for its offering of a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/33950ee7-ce73-4416-aceb-907a6f8f2360\/mbg-files-for-a-nomu-ipo\" style=\"\" rel=\"noopener\">20% stake<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IPO WATCH #2- <\/strong>The two-day retail subscription to United International Holding Company\u2019s (UIHC) Tadawul IPO kicks off tomorrow. UIHC priced its IPO at the top of its indicative range at SAR 132 apiece. The final pricing will see selling shareholders lock in SAR 990 mn in total proceeds, giving the firm a market cap of SAR 3.3 bn at listing. The institutional tranche of the offering was sold out within minutes of opening <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/5b38d8dc-39ce-4488-91f7-f2471a55fefb\/uihc-ipo-priced-at-the-top-of-the-range\" style=\"\" rel=\"noopener\">last month<\/a>, with investors submitting SAR 131 bn in bids, making the offering 132x oversubscribed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IPO WATCH #3- <\/strong>Qualified investors have until Thursday to subscribe to Arabica Star\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/6c67356a-e596-4372-b049-7fd106826a59\/%253cmark%253earabica%253c%2Fmark%253e-star-to-ipo-a-25%2525-stake-on-nomu\" style=\"\" rel=\"noopener\">25%<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/6c67356a-e596-4372-b049-7fd106826a59\/%253cmark%253earabica%253c%2Fmark%253e-star-to-ipo-a-25%2525-stake-on-nomu\" style=\"\" rel=\"noopener\">stake offering<\/a> on Tadawul\u2019s parallel market Nomu. Each investor can subscribe to a minimum of 10 shares, and a maximum of 68.7k. The final allocation of shares is slated for Tuesday, 26 November, while refunds (if any) will take place on Thursday, 28 November. <\/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\"><a id=\"wwtt3\"><\/a> <strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/riyadhef.com\/Pages\/default.aspx\" style=\"\" rel=\"noopener\">Riyadh Economic Forum<\/a><\/strong><strong> kicks off to<\/strong><strong>day<\/strong>, with Governor of Riyadh Prince Faisal bin Bandar bin Abdulaziz set to inaugurate the three-day event. The forum will bring together ministers and industry experts to discuss key economic challenges and means for stimulating regional investment, leveraging AI for growth, and boosting returns from natural resources. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Other forums getting underway today:<\/strong><\/p>\n<ul>\n<li>The <a target=\"_blank\" href=\"https:\/\/ae.searchinform.com\/roadshow\/#about\" style=\"\" rel=\"noopener\">Roadshow SearchInform 2024<\/a> event will kick off in a couple of hours at Crowne Plaza Riyadh Minhal. The event focuses on information security, bringing together business executives, IT experts, and policymakers to share insights and advice on data protection;<\/li>\n<li>The three-day regional trade exhibition <a target=\"_blank\" href=\"https:\/\/www.theheatshow.com\/beta\/\" style=\"\" rel=\"noopener\">Heavy Equipment and Truck Show<\/a> kicks off today in Dammam;<\/li>\n<li>The two-day Women's Economic Forum 2024 will kick off in Dammam tomorrow.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">NEWS TRIGGERS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A handful of news triggers coming up in the next few weeks:<\/strong><\/p>\n<ul>\n<li>Trade balance for September (Sunday, 24 November);<\/li>\n<li>Riyad Bank PMI for November (Tuesday, 3 December);<\/li>\n<li>State budget approval and release (December).<\/li>\n<\/ul>\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- <\/strong>Riyadh is looking at a high of 30\u00b0C and a low of 16\u00b0C today. Over in Makkah, the mercury will peak at 35\u00b0C and hit a low of 24\u00b0C. Meanwhile, Dammam is looking at a high of 31\u00b0C and a low of 19\u00b0C.<\/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\">PSAs- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>Local school morning lineups for the winter semester now start between <\/strong><strong>6:45am and <\/strong><strong>8:15am<\/strong>, according to <a target=\"_blank\" href=\"https:\/\/www.alwatan.com.sa\/article\/1156352\" style=\"\" rel=\"noopener\">Al Watan<\/a>. Riyadh schools start earliest at 6:45am, while Makkah, Jeddah, Al Madinah, and others will begin at 7:15am. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Property owners looking to rent their spaces out to Hajj pilgrims <\/strong><strong>are required to <\/strong><strong>obtain <\/strong><strong>permits from <\/strong><strong>authorized engineering consultancy office<\/strong><strong>s <\/strong>before the end of Rajab (30 January, 2025) with permits issued by the end of Shaaban (28 February), <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/N2208649\" style=\"\" rel=\"noopener\">state news agency SPA<\/a> reports. The Pilgrims Housing Committee in Makkah is now accepting applications for new and renewed permits to host pilgrims for the upcoming Hajj season.<\/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=\"wwtt4\"><\/a> <strong>#1- The Ins. <\/strong><strong>Authority<\/strong><strong> is rolling <\/strong><strong>out new<\/strong><strong> reins. regulations from 1 January, 2025 in a bid to<\/strong><strong> increase the ins. sector\u2019s contribution to the local market<\/strong> and boost domestic players\u2019 revenues, according to separate statements to Tadawul from Gulf Ins. Group, Walaa Cooperative Ins., and Saudi Re (<a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=83690&anCat=1&cs=8250&locale=en\" style=\"\" rel=\"noopener\">here<\/a>, <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=83685&anCat=1&cs=8060&locale=en\" style=\"\" rel=\"noopener\">here<\/a> and <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=83674&anCat=1&cs=8200&locale=en\" style=\"\" rel=\"noopener\">here<\/a>), referring to a circular from the authority. The new rules stipulate that at least 30% of all reins. treaties and facultative risks must be ceded to the local market before involving foreign reins. Firms.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Amana Cooperative Ins. has gotten the Ins. Authority greenlight to launch a <\/strong><strong>professional <\/strong><strong>laibility<\/strong><strong> ins. product tailored to engineers and architects <\/strong>across the Kingdom, it said in <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=83695&anCat=1&cs=8310&locale=en\" style=\"\" rel=\"noopener\">a filing to Tadawul<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Riyadh will host the 2026 UN World Data Forum, <\/strong>the General Authority for Statistics (Gastat) said in a <a target=\"_blank\" href=\"https:\/\/x.com\/Stats_Saudi\/status\/1857830437374054673\" style=\"\" rel=\"noopener\">post on X<\/a>. The event \u2014 the exact dates for which have yet to be determined \u2014 will bring together over 20k participants, including government officials, statisticians, and sector experts, to tackle global data challenges.<\/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\"><strong>#1- Riyadh Season 2024 reeled in 6 mn visitors<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.gea.gov.sa\/six-million-visitors-for-riyadh-season\/\" style=\"\" rel=\"noopener\">statement<\/a> from the General Entertainment Authority. This comes <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/1f654a15-28f6-4003-b27e-0249a47c89ea\/coco-gauff-takes-home-wta-finals-trophy-in%253cmark%253e-riyadh%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">one week<\/a> after General Entertainment Authority Chairman Turki Al Sheikh disclosed that the festival had drawn in 4 mn within less than a month of launching. Last year\u2019s event <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/1f654a15-28f6-4003-b27e-0249a47c89ea\/coco-gauff-takes-home-wta-finals-trophy-in%253cmark%253e-riyadh%253c%2Fmark%253e#:~:text=%233%2D%20Riyadh%20Season%202024%20drew%20in%204%20mn%20visitors%20within%20less%20than%20a%20month%20of%20launching%2C%20as\" style=\"\" rel=\"noopener\">saw a total of 20 mn visitors<\/a> throughout its five-month run. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- J<\/strong><strong>eddah\u2019s King Abdulaziz International Airport accounted for the largest number of<\/strong><strong> complaints in <\/strong><strong>3Q 2024 at 63<\/strong>, or 28% of total complaints, <a target=\"_blank\" href=\"https:\/\/www.alwatan.com.sa\/article\/1156342\" style=\"\" rel=\"noopener\">Al Watan<\/a> reports, citing figures from the General Authority of Civil Aviation (GACA). Riyadh\u2019s King Khalid International Airport and Dammam\u2019s King Fahd International Airport were tied for second at 30 complaints each during the period, while Madinah\u2019s Mohammed bin Abdulaziz Airport followed at 18 complaints. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The authority has also issued 229 new licenses for air transport services this year<\/strong>, with licenses to foreign carriers accounting for 99, or 43% of the total. <\/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\"><strong>Mexican boxer Gilberto \u201cZurdo\u201d Ramirez was crowned unified cruiserweight <\/strong><strong>champion <\/strong><strong>after defeating UK fighter Chris Billam-Smith by unanimous decision on Saturday<\/strong> at the Riyadh Season Latino Night event, according to <a target=\"_blank\" href=\"https:\/\/www.dazn.com\/en-US\/news\/boxing\/gilberto-zurdo-ramirez-vs-chris-billam-smith-live-updates-results-highlights\/1jyui740ibtf71fi0wnao6ktns\" style=\"\" rel=\"noopener\">Dazn<\/a>.<\/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>Biden agrees to Ukraine hitting Russian targets with US long-range missiles:<\/strong> In a change of pace from the wall-to-wall coverage of US elections, the international press is focused this morning on reports that Washington agreed to let Ukraine use long-range US missiles to hit targets \u201cdeep\u201d in Russian territory. The approval marks a change in Washington\u2019s policy on Kyiv and Moscow\u2019s ongoing war, which officials and other sources quoted in several newspapers say comes on the back of North Korea sending ground troops to support Russian forces. North Korea had sent 10k elite troops to Russia\u2019s Kursk region near Ukraine\u2019s northern border <a target=\"_blank\" href=\"https:\/\/edition.cnn.com\/2024\/11\/10\/europe\/russia-north-korea-forces-prepared-kursk-ukraine\/index.html\" style=\"\" rel=\"noopener\">last week<\/a> to help Russia regain control of the territory. The story is getting play in the <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2024\/11\/17\/us\/politics\/biden-ukraine-russia-atacms-missiles.html\" style=\"\" rel=\"noopener\">New York Times<\/a>, the <a target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/national-security\/2024\/11\/17\/ukraine-russia-north-korea-atacms\/\" style=\"\" rel=\"noopener\">Washington Post<\/a>, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-11-17\/us-nearing-decision-to-let-ukraine-hit-some-targets-in-russia\" style=\"\" rel=\"noopener\">Bloomberg<\/a>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/biden-lifts-ban-ukraine-using-us-arms-strike-inside-russia-2024-11-17\/\" style=\"\" rel=\"noopener\">Reuters<\/a>, the <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/world\/europe\/biden-approves-ukraines-use-of-long-range-missiles-inside-russia-003154be\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a>, and the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/cc565d8e-e5c2-4b04-9b61-b05fb8edcb49\" style=\"\" rel=\"noopener\">Financial Times<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OUR NECK OF THE WOODS-<\/strong> An Israeli airstrike on a building in central Beirut yesterday killed Hezbollah\u2019s chief spokesperson, Mohammed Afif. Israel also attacked Mar Elias in the center of the Lebanese capital, killing at least two and wounding 22. <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/israeli-strike-beirut-kills-hezbollah-media-relations-chief-security-sources-say-2024-11-17\/\" style=\"\" rel=\"noopener\">Reuters<\/a> and the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/6ff95416-feb9-40e9-8abc-cef39311a949\" style=\"\" rel=\"noopener\">Financial Times<\/a> have coverage. <\/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 <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.alwatan.com.sa\/article\/1156298\" style=\"\" rel=\"noopener\">Invest in Health Forum<\/a><\/strong><strong> is set to take place in Najran this Wednesday<\/strong>, 20 November.<\/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:\/\/www.terrapinn.com\/exhibition\/saudi-rail\/index.stm\" style=\"\" rel=\"noopener\">Saudi Rail Conference and Exhibition<\/a><\/strong><strong> will take place this Wednesday and Thursday, 20-21 November<\/strong> at the Riyadh International Convention and Exhibition Center. <\/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:\/\/blackhatmea.com\/\" style=\"\" rel=\"noopener\">Black Hat MEA 2024<\/a><\/strong><strong> cybersecurity conference and exhibition will take place between <\/strong><strong>26-28 November <\/strong>at the Riyadh Exhibition & Conference Center in Malham. The event will gather cybersecurity professionals and technology developers. Speakers include information security leaders from Bayer, SoftBank Investment Advisors, the US Intelligence Community, the CIA, and Knostic.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The two-day Saudi Green Initiative Forum will kick off on Tuesday, 3 December<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.greeninitiatives.gov.sa\/knowledge-hub\/fourth-edition-of-saudi-green-initiative-forum-to-be-hosted-in-unccd-cop16-green-zone-in-riyadh-this-december\/\" style=\"\" rel=\"noopener\">statement<\/a>. The forum will coincide with COP16 of the United Nations Convention to Combat Desertification, which will be held in Riyadh between 2 and 13 December. <\/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:\/\/ztc.sa\/en\/Pages\/default.aspx\" style=\"\" rel=\"noopener\">Zakat, Tax and Customs Conference 2024<\/a><\/strong><strong> will kick off on 4 December<\/strong> at the King Abdullah Financial District. <\/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:\/\/redseafilmfest.com\/en\/\" style=\"\" rel=\"noopener\">Red Sea International Film Festival<\/a><\/strong><strong> will run from 5-14 December in Jeddah<\/strong>. <\/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:\/\/impaq.media.gov.sa\/\" style=\"\" rel=\"noopener\">Impact Makers Forum (ImpaQ)<\/a><\/strong><strong> is set to open its doors on 18 December<\/strong>, bringing together media influencers, industry experts, and digital content creators in Riyadh\u2019s Mayadeen Hall.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Fortune Global Forum is coming to Riyadh in December 2025<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/fortune.com\/2024\/11\/15\/fortune-global-forum-2025-riyadh-saudi-arabia\/\" style=\"\" rel=\"noopener\">press<\/a><a target=\"_blank\" href=\"https:\/\/fortune.com\/2024\/11\/15\/fortune-global-forum-2025-riyadh-saudi-arabia\/\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/fortune.com\/2024\/11\/15\/fortune-global-forum-2025-riyadh-saudi-arabia\/\" style=\"\" rel=\"noopener\">release<\/a>. The forum serves as a platform for the leaders of the world's largest companies, policymakers, and other influential figures to discuss global economic and business trends, challenges, and opportunities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PLUS: Riyadh Economic Forum kicks off today<\/p>\n","protected":false},"author":1,"featured_media":91627,"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":[3324,3440,10,2247,2709,3439,3438,3437,9],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-91626","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-arabica-star","tag-digital-government-authority-dga","tag-enterpriseam-ksa","tag-g20","tag-hajj","tag-riyadh-economic-forum","tag-un-climate-change-conference","tag-un-world-data-forum","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"46db4a0c-ac3e-47ad-9b7d-d16193df645d","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: Faisal bin Farhan lands in Rio for G20 summit","related_issue":[91624],"teaser":"PLUS: Riyadh Economic Forum kicks off today","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/11\/.73512cf9-5b53-4207-ba8f-d1160e66aa36.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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