Diving for all: Red Sea Global boasts KSA’s first PADI certified centers

Diving for all: Red Sea Global boasts KSA’s first PADI certified centers
Winning the accreditation for RSG involved ensuring that all aspects of the dive bases, including infrastructure and logistics, are designed to be inclusive and welcoming to all divers.
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Updated 06 April 2024
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Diving for all: Red Sea Global boasts KSA’s first PADI certified centers

Diving for all: Red Sea Global boasts KSA’s first PADI certified centers

Red Sea Global, the developer behind regenerative tourism destinations The Red Sea and AMAALA, announced that its two dive centers have become the first and only PADI Adaptive Service Facilities in Saudi Arabia.

PADI, or the Professional Association of Diving Instructors, the world’s leading scuba diver training organization, recognizes dive centers that have adaptive provisions.

Earning the accreditation for RSG involved ensuring that all aspects of the dive bases, including infrastructure and logistics, communication methods, training protocols, and safety measures, are designed to be inclusive and welcoming to all divers. The rating requires each center to have PADI Adaptive Techniques Instructors on staff and wheelchair access throughout, including both for the diving pool and any boats it uses to provide dive experiences. Successfully attaining the rating means RSG is now able to offer inclusive diving experiences to all its guests.

Rosanna Chopra, executive director — destination development, Red Sea Global, said: “As the world’s largest ocean exploration and diver organization, PADI’s mission resonates with our commitment to creating a billion torchbearers to explore and protect the ocean. We are proud to be part of this global network and to lead the way in adaptive diving initiatives in Saudi Arabia.”

Red Sea Global has two PADI 5 Star Dive Centers: Nujuma Dive Center at the Nujuma Ritz Carlton Reserve hotel, and the TBV Dive Club at Turtle Bay Village. Both are operated by Galaxea, RSG’s wholly owned dive operations subsidiary, responsible for offering diving experiences at its destinations. 

To attain the rating of Adaptive Techniques Instructor, each of the Galaxea instructors participated in three days of training across the classroom, the pool and open water. Using webbed gloves, they experienced diving with limited mobility, and through a black out mask, diving with a sight impairment. They were also taught how to guide divers with these types of disabilities. These instructors are now able to teach the following two PADI specialties: Adaptive Techniques Diver and Adaptive Support Diver.

In a statement, Saudi Water Sports and Diving Federation said: “We celebrate Red Sea Global for their remarkable feat as the inaugural ‘PADI Adaptive Service Facilities’ in Saudi Arabia. This significant milestone shines a bright light on diving in the Red Sea, showcasing inclusivity, excellence, and unique marine life. The federation will continue collaboration with Red Sea Global, creating a sea of opportunities and destinations for all divers to explore and enjoy.”

Last year, RSG announced a commitment to ensuring its luxury destinations and experiences will be fully accessible and inclusive for guests and visitors with disabilities and special needs. This latest achievement demonstrates its continuing progress against this commitment.

Last year, The Red Sea welcomed its first guests, and the Red Sea International Airport has been receiving a regular schedule of domestic flights since September 2023; international flights are set to commence imminently. Two of the destination’s hotels are open, with three more on track to open this year.

A second destination, Thuwal Private Retreat, will also open this year. AMAALA remains on track to welcome first guests in 2025, when the first resorts complete as part of Triple Bay Phase 1, along with Corallium and the iconic Yacht Club.


Wadi Forum discusses Saudi Arabia’s global role at Munich Security Conference

Wadi Forum discusses Saudi Arabia’s global role at Munich Security Conference
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Wadi Forum discusses Saudi Arabia’s global role at Munich Security Conference

Wadi Forum discusses Saudi Arabia’s global role at Munich Security Conference

Powered by SRMG Think, Wadi Forum hosted a side event at the 61st Munich Security Conference titled “A Conversation on Saudi Foreign Policy Priorities,” bringing together officials, experts and thought leaders.

The international security conference gathers hundreds of senior decision-makers as well as thought leaders from around the world, including heads of state, ministers, leading personalities of international and non-governmental organizations, high-ranking representatives of industry, media, academia, and civil society, to engage in an intensive debate on international security policy.

This year’s conference focused on the emergence of “multipolarization,” a defining shift in the global order that is reshaping geopolitics, trade, technology, and capital flows.

A new administration has taken office in Washington, Europe is on the brink of a new legislative cycle in Brussels, and the Middle East faces heightened instability with ongoing conflicts in Gaza, Syria, and Lebanon - all of which reflect the broader trend of multipolarization, an official statement noted.

As power dynamics evolve in today’s multipolar world, Saudi Arabia occupies a unique position. With its strategic influence, economic strength, and status as custodian of Islam’s two holiest mosques, the Kingdom plays a critical role in bridging global divides. Its wide-ranging commercial, investment, and diplomatic efforts make it a key actor in shaping the future of the Middle East.

The SRMG Think-powered discussion, held earlier this week, examined Saudi Arabia’s foreign policy priorities in an era of geopolitical transformation. Among the attendees were Prince Turki Al-Faisal, chairman of the King Faisal Center for Research and Islamic Studies; Mohamed Alyahya, advisor to the Minister of Foreign Affairs; Rainer Rudolph, vice chairman of the conference; and Nedaa Almubarak, managing director of SRMG Think.

Participants also discussed how Riyadh’s view of the world has evolved over the past few years and what it means for the region’s collective future.

Discussions also focused on the Kingdom's role in promoting regional peace and stability, supporting prosperity, accelerating dialogue, and prioritizing economic development through its Vision 2030.

Wadi Forum is an exclusive, off-the-record gathering that brings together officials, experts and thought leaders to discuss pressing issues in the MENA region.


Saudi fintech lite secures $3.2m in pre-seed funding

Saudi fintech lite secures $3.2m in pre-seed funding
Updated 17 February 2025
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Saudi fintech lite secures $3.2m in pre-seed funding

Saudi fintech lite secures $3.2m in pre-seed funding

Saudi-based fintech startup lite has announced the successful closure of its pre-seed funding round, raising a total of $3.2 million. The round was led by Scene Holding, with participation from prominent angel investors, marking a significant milestone in lite’s journey to redefine the payments ecosystem for businesses in Saudi Arabia.

Established by three seasoned co-founders with vast experience in payments — Fahad Anteet, Mohamed Faheem, and Soliman Aldukhil — lite is on a mission to become the leading payment solutions provider in the Saudi market, offering businesses a full-fledged suite of financial services to meet all their payment needs. With a strong focus on innovation, scalability, and localization, lite is committed to driving financial inclusion and enhancing the efficiency of payment ecosystems in the Kingdom. This is in line with Saudi Vision 2030’s goals of accelerating digital transformation and promoting a less-cash society.

Currently, lite is in the process of obtaining an electronic money institution license from the Saudi Central Bank, which will enable the company to fully operate and deliver its comprehensive suite of payment solutions to businesses across the Kingdom.

“We are deeply grateful to our investors for their trust in our vision and to the Saudi Central Bank, Fintech Saudi, and key ecosystem enablers for their support in fostering fintech innovation. This funding marks a major step forward in our mission to provide businesses with seamless, secure, and scalable payment solutions tailored to the Saudi market,” said Anteet, CEO of lite. “As we work toward obtaining our EMI license, we remain committed to innovation, compliance, and localization — empowering businesses and accelerating the shift toward a digital, less-cash economy in alignment with Vision 2030.”

“We are thrilled to support lite on its journey to reshape the payments ecosystem in Saudi Arabia,” said Sultan Ghaznawi, chairman and managing director, Scene Holding “The founding team’s expertise, vision, and commitment to innovation align perfectly with our investment philosophy at Scene Holding. We believe lite has the potential to drive meaningful impact in the fintech sector, empowering businesses and contributing to the Kingdom’s digital transformation goals.”


Yanmar opens office in Riyadh, solidifying commitment to KSA

Yanmar opens office in Riyadh, solidifying commitment to KSA
Updated 16 February 2025
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Yanmar opens office in Riyadh, solidifying commitment to KSA

Yanmar opens office in Riyadh, solidifying commitment to KSA
  • Underlining its commitment to Saudi Arabia’s industrial growth, Yanmar Arabia has already made significant strides

Yanmar, a global leader in innovative power solutions, has announced the establishment of Yanmar Arabia, further solidifying its long-standing presence in the Kingdom. With more than 55 years of collaboration through its distributor Abdullah Hashim Co. Ltd., Yanmar has been a trusted name in delivering high-performance engines and powertrain solutions to various industries.
Yanmar Arabia officially opened its doors on Feb. 10 in Riyadh, marking a significant milestone in its commitment to supporting the region’s industrial and power needs with cutting-edge technology.
Yanmar Arabia marks a strategic shift, emphasizing its expertise in TNV engines and tailored powertrain solutions for original equipment manufacturers. Unlike finished products, Yanmar Arabia focuses on providing cutting-edge engineering support, application development, and customized solutions that align with Saudi Arabia’s Vision 2030 industrialization goals.
Underlining its commitment to Saudi Arabia’s industrial growth, Yanmar Arabia has already made significant strides. A key milestone includes a partnership with ASAD Industries, a local OEM based in Jeddah, which now produces truck refrigeration units powered by Yanmar engines. This collaboration is a testament to Yanmar’s dedication to fostering local manufacturing and enhancing technological capabilities in the region.
“We are not just here for commercial purposes. Our mission is to provide world-class powertrain solutions that drive local innovation. By working closely with Saudi OEMs, we aim to contribute to the ‘Made in Saudi’ initiative, empowering manufacturers with reliable and sustainable engine solutions,” said Samir Laoukili, CEO of Yanmar Arabia.
General Manager Raheel Aziz added: “Our focus is on delivering application engineering expertise and strengthening our partnerships with local manufacturers. Through Yanmar Arabia, we will continue to support the Kingdom’s industrial evolution with robust, high-efficiency engine solutions.”
With a rich history spanning seven main business domains, Yanmar is globally recognized for its relentless pursuit of innovation and sustainability. The company actively contributes to environmental responsibility through the Yanmar Green Challenge, an initiative that seeks to achieve a sustainable future by reducing carbon emissions and enhancing energy efficiency across its product lines.
Additionally, Yanmar’s Hanasaka program is dedicated to youth development, fostering the next generation of engineers, entrepreneurs, and industry leaders through education and skill-building initiatives.
By integrating these global sustainability and development initiatives with its presence in Saudi Arabia, Yanmar Arabia is set to play a vital role in shaping the future of power solutions within the Kingdom.

 


stc advances gen AI innovation in region with Cohere

stc advances gen AI innovation in region with Cohere
Updated 16 February 2025
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stc advances gen AI innovation in region with Cohere

stc advances gen AI innovation in region with Cohere
  • The joint effort will focus on key AI-powered innovations, including stc’s AI-powered language model and the Digital Co-Workers Foundry, designed to optimize business efficiency and deliver a superior digital experience for customers

stc Group, the region’s leading digital enabler, has announced a strategic collaboration with Cohere, a secure enterprise AI company, to transform the AI landscape in the Middle East and beyond. This collaboration is set to redefine stc’s AI-driven operations, enhance customer engagement, and unlock new digital growth opportunities through state-of-the-art AI solutions.
Under the collaboration, stc will leverage Cohere’s cutting-edge AI capabilities to develop transformative products as part of its internal gen AI initiative. The joint effort will focus on key AI-powered innovations, including stc’s AI-powered language model and the Digital Co-Workers Foundry, designed to optimize business efficiency and deliver a superior digital experience for customers.

HIGHLIGHT

The joint effort will focus on key AI-powered innovations, including stc’s AI-powered language model and the Digital Co-Workers Foundry, designed to optimize business efficiency and deliver a superior digital experience for customers.

As part of the efforts, stc will work with Cohere to develop North for Telecom, a customized version of Cohere’s North, a secure AI workspace platform announced earlier this year. North for Telecom will be tailored to address the unique needs of the sector, providing intelligent automation, enhanced conversational experiences, and real-time data insights. Meanwhile, the Digital Co-Workers Foundry will introduce AI-driven virtual assistants designed to streamline workflows, boost productivity, and support stc’s workforce with intelligent automation solutions.

It’s been great working closely with stc’s team, says Aidan Gomez, Cohere’s Co-founder and CEO

“As a leader in digital transformation, stc continues to invest in advanced AI technologies that will shape the future of our industry. Our collaboration with Cohere represents a significant milestone in our AI journey, reinforcing our vision to harness AI-driven intelligence, enhance operational capabilities, and introduce innovative AI solutions that create tangible value,” said Haithem Mohammed Alfaraj, group chief technology officer at stc Group.
Motaz Alangari, group chief investment officer at stc Group, added: “stc Group strategically invests in pioneering companies that unlock access to transformative technologies, new business models, and enhanced revenue streams. This collaboration aligns with tali ventures, stc’s corporate venture capital arm, which plays a key role in fostering technological advancement and investing in next-generation innovations that complement stc’s digital ecosystem.”
“Cohere is a global leader in secure enterprise AI, and our investment in this collaboration facilitates access to enterprise-grade AI solutions, positioning stc to maximize AI’s potential across its product and service offerings.”
Cohere will bring its expertise in enterprise AI models and applications to stc’s ecosystem, ensuring faster adoption and optimization of AI capabilities across stc’s digital infrastructure.
“It’s been great working closely with stc’s team,” said Aidan Gomez, Cohere’s co-founder and CEO. “I’m really excited to bring our secure AI technology to enhance its role as a digital enabler. We look forward to collaborating with stc and integrating Cohere’s enterprise AI solutions to lift grunt work off the backs of their employees so they can focus more on the areas of their jobs where they can add real value.”
This collaboration underscores stc’s commitment to being at the forefront of AI-driven innovation, fostering a digital-first economy, and shaping the future of intelligent technology in Saudi Arabia and beyond.

 


KSA’s dynamic construction sector under spotlight at show

Photo: (X @thebig5saudi)
Photo: (X @thebig5saudi)
Updated 16 February 2025
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KSA’s dynamic construction sector under spotlight at show

Photo: (X @thebig5saudi)
  • Held at the ICC Theatre, Hall 6, Riyadh Front Exhibition and Conference Center, the event spotlighted transformative developments and opportunities, aligning with Saudi Arabia’s Vision 2030 goals

Saudi Arabia’s construction industry is rapidly evolving, fueled by technological advancements, strategies in large-scale projects, policy reforms and sustainability. Returning once again to Big 5 Construct Saudi, the International Contracting Conference, organized by the Saudi Contractors Authority and dmg events and taking place on Feb. 15-16, hosted government officials, industry leaders and policymakers to share insights into navigating the Kingdom’s construction landscape and exploring new opportunities.
ICC 2025 united top contractors and international contracting experts in the Kingdom for two days of insightful dialogues and discussions focusing on topics such as the impact of Vision 2030, innovative construction methods, digital tools for project management and government-private sector collaboration. Held at the ICC Theatre, Hall 6, Riyadh Front Exhibition and Conference Center, the event spotlighted transformative developments and opportunities, aligning with Saudi Arabia’s Vision 2030 goals.
Prominent industry leaders who headlined the conference this year included: Khalid Al-Othman, president of the National Committee for Sustainability and Green Economy, Federation of Saudi Chambers; Dr. Anas Bataw, strategy and innovation director, KEO International Consultants; Prakash Senghani, CEO and co-founder, Navatech; James Irvine, managing director, Alvarez and Marshal; Alaa Arabi, principal, TBH; Alexander Sarac, partner at Addleshaw Goddard; Ayman Alwaleedi, executive director — project management at Rua Al-Madinah; Mark Sperring, regional PMC director; and Wael Allan, chief executive at Ayar International Contracting Company.

Complementing ICC, Big 5 Construct Saudi is also hosting Big 5 Talks, featuring more than 75 expert-led sessions designed to empower professionals with actionable strategies and progressive insights over two weeks. Featuring over 150 speakers, subject-matter experts and leaders, these sessions cover various topics impacting the Kingdom’s built environment, enabling attendees to have fresh ideas, practical solutions and professional growth.
The first week (Feb. 15-18) will lay strong foundations for the construction industry, covering key topics from design to execution. Discussions will explore advancements in HVAC R, modular construction, project management, health and safety and regulatory compliance.
In the second week (Feb. 24–27), the focus will shift to transforming projects from fit-out to services, with an emphasis on sustainable solutions and operational excellence. The Architect Leaders Forum will bring together industry visionaries to discuss trends shaping architectural design, while sessions on facilities management and green buildings will highlight the best practices for maintaining sustainable structures.
With more than 5,200 construction projects currently underway, including NEOM, The Red Sea Project, Qiddiya, Diriyah and others, valued at an estimated $819 billion, the Kingdom’s development initiatives showcase the immense scale and ambition of its transformation.
“As Saudi Arabia sprints toward Vision 2030, organizations and individuals must evolve to help facilitate these ambitions,” said Muhammed Kazi, senior vice president of construction at dmg events. “The panel discussions and sessions at Big 5 Construct Saudi are therefore strategically curated to address the industry challenges and provide innovative ideas and solutions to meet the Kingdom’s goals for its dynamic contracting sector.”