Latest news with #CulturalInnovationChallenge
CairoScene
29-05-2025
- Business
- CairoScene
Cultural Innovation Challenge Hackathon Launches in Saudi Arabia
The Cultural Innovation Challenge launches as a policy hackathon offering USD 133,000 in prizes for creative ideas to shape Saudi Arabia's cultural future. The Ministry of Culture has launched the Cultural Innovation Challenge, a new policy-focused hackathon aimed at engaging a wide range of contributors in shaping the Kingdom's cultural sector. The initiative invites individuals from diverse backgrounds to submit creative policy ideas that could influence the country's cultural development. Designed as an interactive and collaborative programme, the challenge connects public engagement with expert insight. Participants may include innovators, entrepreneurs, researchers, policy professionals, university students, government employees, and members of the public. The programme is open to both local and international applicants. Held under the patronage of Minister of Culture Prince Bader bin Abdullah bin Farhan, the initiative underscores the Ministry's ongoing commitment to inclusive policy development and collaboration across sectors. To encourage wide participation, over SAR 500,000 (approximately USD 133,000) in prize money has been allocated for the winning proposals. The Cultural Innovation Challenge aligns with broader national efforts to promote creativity and drive cultural growth in line with Vision 2030. Further details regarding registration and participation will be announced via official Ministry channels.
Leaders
26-05-2025
- Business
- Leaders
GASTAT Reports 13.4% Growth in Non-Oil Exports in Q1 2025, 10.7% Increase in March
The General Authority for Statistics (GASTAT) has released its International Trade Statistics bulletin for March 2025 and the first quarter of the year (Q1 2025), highlighting continued momentum in Saudi Arabia's non-oil exports. According to the report, non-oil exports—including re-exports—rose by 13.4% in Q1 2025 compared to the same period in 2024. In March 2025 alone, non-oil exports were up by 10.7% year-on-year, reinforcing the growing contribution of non-oil sectors to the Kingdom's international trade. In contrast, total merchandise exports declined by 3.2% in Q1 and by 9.8% in March, compared to the same periods in 2024. Merchandise imports saw an upward trend, increasing by 7.3% in Q1 2025 and by 0.1% in March year-on-year. Despite this, the trade balance surplus narrowed—falling by 28% in Q1 and 34.2% in March. The ratio of non-oil exports to imports improved, reaching 36.2% in Q1 2025 (up from 34.3% in Q1 2024) and 36.5% in March (up from 33% in March 2024). Meanwhile, the share of oil exports in total merchandise exports declined to 71.8% in Q1 2025 from 75.9% the previous year, and to 71.2% in March, down from 76.5% in March 2024. Moreover, chemical products led non-oil exports, making up 23.8% of the total in Q1 and 25.7% in March 2025. On the import side, machinery, electrical equipment, and parts were the most significant, accounting for 25.8% in Q1 and 26.1% in March. China, Saudi Arabia China remained Saudi Arabia's top trading partner, representing 15.7% of total exports and 26.6% of imports in Q1 2025. In March. Additionally, China's share stood at 15.5% of exports and 25.3% of imports. GASTAT noted that the international trade data are compiled using administrative records from the Zakat, Tax and Customs Authority for non-oil figures, and from the Ministry of Energy for oil-related data. Commodity classifications follow the 2022 Harmonized System (HS) codes. Related Topics: NWC Delivers Major Water Infrastructure Projects in Jeddah Aqualia, NWC Redefine House Connection Services in Saudi Arabia NWC Initiates SAR 1 Billion Water, Environmental Projects in Riyadh Saudi Arabia Launches 'Cultural Innovation Challenge' for Policies Design Short link : Post Views: 1
Leaders
26-05-2025
- Entertainment
- Leaders
Saudi Arabia Launches ‘Cultural Innovation Challenge' for Policies Design
Saudi Arabia's Ministry of Culture has launched the 'Cultural Innovation Challenge (POLICYTHON),' to engage people in a policy design hackathon, according to the Saudi Press Agency. The hackathon will bring together various national talents and international experts from all over the world. Under the auspicious of Minister of Culture Prince Bader bin Abdullah bin Farhan, the 'Cultural Innovation Challenge,' significantly focuses on elevating the design skills of cultural policies. Therefore, it will make a real difference in fostering the growth of Saudi cultural sector and achieving comprehensive and sustainable development. With a special focus on introducing solutions and policies, the hackathon targets innovators, entrepreneurs, academic researchers, public policy professionals, university students, the cultural public, government employees, and other relevant groups. Interestingly, the ministry has dedicated a total prize pool surpassing SAR500,000 for the winners. Those who are interested in taking part at the competition can register from now until mid-June, through the following link: Detail – MOC Related Topics: University of Jeddah Secures 1st Place at Harvard Health Hackathon Over 400 Participants Compete to Drive Innovation in Injaz Hackathon Saudi Culture Ministry Launches Crafts Hackathon As Part of Year of Handicrafts Short link : Post Views: 14
