logo
The Misk Heritage Museum announces start of construction

The Misk Heritage Museum announces start of construction

ME Construction20-05-2025

The museum, spanning an area of 40,000sqm, moves beyond the traditional museum concept to offer integrated cultural experiences. Visitors will be immersed in the daily life of past generations through interactive spaces, workshops, and activities rooted in local environments. These experiences allow them to explore traditional arts, crafts, stories, customs, and social values, providing a window into Saudi culture. Asaan showcases both tangible and intangible aspects of Saudi culture, said a statement.
The Misk Foundation's initiative aims to preserve and promote Saudi heritage and its diversity. Zaha Hadid Architects designed Asaan's contemporary architectural design, which draws inspiration from the traditional Najdi style and embodies Saudi Arabia's rich architectural heritage. Upon opening, the museum will showcase a conservation laboratory dedicated to restoring and preserving heritage artifacts and artworks. It will also serve as a hub for knowledge exchange and a training ground for the next generation of museum professionals.
Khaled Al Saqer, CEO of the Misk Heritage Museum Asaan stated, 'Marking International Museum Day by commencement of construction of Asaan is a historic milestone in our mission to safeguard and celebrate Saudi heritage. Asaan's role extends beyond preserving and displaying artifacts; it seeks to inspire meaningful engagement through immersive experiences that connect past, present, and future generations, strengthening pride in Saudi identity and sharing our cultural legacy with the world. Driven by our belief in community participation as a pillar of heritage preservation, Asaan will offer a wide range of interactive programs curated by leading experts. These initiatives aim to foster cultural passion, inspire creativity, and empower all members of society to engage with and celebrate our heritage.'
Jerry Inzerillo, Group CEO of Diriyah Company added, 'Asaan is a valuable addition to Diriyah's portfolio of cultural projects and demonstrates our commitment to presenting the richness of Saudi heritage in a modern way that strengthens its global presence. The museum supports our broader goal of establishing Diriyah as a world-class destination that celebrates history, culture, and national identity. We're excited about the programmes and activities Asaan will bring, as they will offer something truly special for the community and for visitors from around the world.'
The launch of Asaan construction signifies a pivotal moment in the development of a cultural landmark that pays homage to Saudi heritage and elevates the nation's global standing. As per a statement from the museum, Asaan embodies Saudi Arabia's dedication to preserving its cultural heritage and strengthening its national identity, aligning with the objectives of Vision 2030. Asaan's mission is to preserve Saudi heritage and celebrate its authenticity and diversity by showcasing extensive collections of cultural artifacts through immersive exhibitions and inspiring spaces.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

OPEC+ Emerges as Pillar of Oil Market Stability
OPEC+ Emerges as Pillar of Oil Market Stability

Arabian Post

time17 hours ago

  • Arabian Post

OPEC+ Emerges as Pillar of Oil Market Stability

Saudi Energy Minister Prince Abdulaziz bin Salman told delegates at the St Petersburg Economic Forum on 19 June that OPEC+ has evolved into a 'key guarantor' of global oil prices and market stability. The alliance's capacity to respond to evolving economic and geopolitical realities distinguishes it as an effective and trustworthy instrument for safeguarding the sector. At the forum, Prince Abdulaziz emphasised that OPEC+ adapts proactively to prevailing conditions. He was clear that any action by Riyadh or Moscow to offset potential disruptions in Iranian oil exports will be guided strictly by actual developments. 'We only react to realities,' he stated, declining to engage in hypotheticals—a stance aligned with OPEC+'s collective decision-making framework. Analysts say his comments come amid a sharp surge in crude prices, driven by escalating tensions following an Israeli assault on Iranian nuclear infrastructure. According to Reuters, Brent crude has climbed more than $10 per barrel in just one week, inflating the geopolitical risk premium. Despite this volatility, there has been no significant disruption to Middle Eastern oil exports to date. ADVERTISEMENT Prince Abdulaziz underscored the cohesive nature of OPEC+, which comprises 22 member countries. He affirmed that decisions are taken collectively rather than unilaterally by dominant players, a principle reaffirmed by his preference to 'react to realities' rather than speculation. The alliance's next meeting is scheduled for 6 July, when eight core producers—including Saudi Arabia, Russia, the UAE, Iraq, Kuwait, Oman, Algeria and Kazakhstan—will discuss production levels for August and beyond. Global demand forecasts also featured prominently in forum discussions. OPEC Secretary General Haitham Al Ghais noted increasing consumption in developing economies, especially during the northern hemisphere summer, reinforcing the need for calibrated production policies. Meanwhile, Kirill Dmitriev, head of Russia's RDIF, suggested that Russia, Saudi Arabia and the United States might reprise their 2020-era role in stabilising oil markets, citing historical precedents from the pandemic response. Despite the ability to moderate price swings, the alliance faces internal tensions. In May, Saudi Arabia and Russia spearheaded a 411,000 barrels‑per‑day production increase, despite earlier preferences among some members for a pause. Leaks from the meeting revealed discontent with non-compliant producers, prompting Riyadh to push through the increase to protect its market interests. Analysts suggest this indicates a strategic pivot: reclaiming market share over propping up prices alone. Meanwhile, geopolitical variables are influencing OPEC+ strategy. Rising tensions in the Strait of Hormuz, following conflict between Israel and Iran, have elevated concerns of supply disruption. However, as of mid‑June, the vital maritime route continues to operate without incident. The U.S. is reportedly weighing deeper engagement in the region, a development that could further complicate supply dynamics and pricing. The energy minister also highlighted collaboration beyond output quotas. Saudi Arabia and Russia are advancing joint efforts to create investor-friendly environments through joint ventures in energy and related sectors. Prince Abdulaziz confirmed plans for Russian Deputy Prime Minister Alexander Novak to visit Riyadh later this year, accompanied by a large business delegation. He said the initiative aims to 'deepen bilateral economic ties and foster diversified investment opportunities,' affirming both countries' commitment to mutual investment facilitation. These comments reinforce the perception of OPEC+ as a stabilising force comparable to a central bank's role in financial markets. Prince Abdulaziz described the alliance as 'the central bank and regulator of the global oil market,' emphasising its flexibility and responsiveness to global economic shifts. He further noted the Kingdom's support for Russia amid external pressures, affirming Riyadh's diplomatic solidarity. Looking ahead, OPEC+ is poised to navigate the balance between maintaining price stability and managing production share. The upcoming 6 July meeting will be pivotal in determining whether the group confirms further increases or holds current output steady amid signal mixed signals from demand forecasts and geopolitical uncertainty.

ST Engineering iDirect and solutions by stc to advance satcom services in KSA
ST Engineering iDirect and solutions by stc to advance satcom services in KSA

Broadcast Pro

timea day ago

  • Broadcast Pro

ST Engineering iDirect and solutions by stc to advance satcom services in KSA

Under this deal, solutions by stc has significantly expanded its ST Engineering iDirect ground network by incorporating advanced products designed for both fixed and mobile applications. ST Engineering iDirect has entered a strategic partnership with solutions by stc to enhance satellite communication services across Saudi Arabia, in alignment with the Kingdom’s Vision 2030. The collaboration aims to accelerate the nation’s digital transformation by leveraging local satellite assets to deliver secure, resilient, and adaptable connectivity across a wide range of sectors. As part of this initiative, solutions by stc has significantly upgraded its ST Engineering iDirect ground infrastructure, integrating advanced technologies to support both fixed and mobile applications. These improvements will enable the delivery of reliable and scalable satellite connectivity to key customers, including government agencies, enterprises, and telecom operators. With software-upgradable solutions at its core, the network is well-positioned to evolve alongside Saudi Arabia’s rapidly expanding digital landscape. The Kingdom’s digital economy is on a fast growth trajectory, expected to increase from $55.15bn in 2025 to $90.25bn by 2030. This partnership enhances solutions by stc’s capacity to meet growing demand for high-speed, cost-efficient communications and strengthens its role in supporting Saudi Arabia’s ambitious development goals. Commenting on the collaboration, Don Claussen, CEO at ST Engineering iDirect, said: 'This collaboration with solutions by stc is a testament to our shared vision of delivering advanced connectivity solutions that empower digital transformation across the Kingdom. We are honored to contribute to Saudi Arabia’s efforts in building a robust, future-ready connectivity framework.' By combining local expertise with cutting-edge satellite technology, the partnership marks a major step forward in expanding the Kingdom’s digital infrastructure and fulfilling the connectivity needs of its Vision 2030 agenda.

Saudi PIF launches new company to deliver Expo 2030
Saudi PIF launches new company to deliver Expo 2030

Dubai Eye

timea day ago

  • Dubai Eye

Saudi PIF launches new company to deliver Expo 2030

Saudi Arabia's sovereign wealth fund PIF has launched a new unit that will be responsible to build and operate the facilities of Expo 2030 Riyadh – Saudi Arabia's first World Expo. Expo 2030 Riyadh Company (ERC) will develop Expo as a model for sustainable tourism and preserve the event's legacy. The masterplan for Expo 2030 Riyadh covers an area of 6 million square metres, making it one of the biggest World Expo sites. It will be located to the north of the city, near the future King Salman International Airport, and with direct connections to the Saudi capital's landmarks. Expo 2030 Riyadh is projected to attract more than 40 million visits. After the event, ERC plans to lead the transformation of the Expo's gated area into a global village to serve as a multicultural hub for retail, food and beverage, surrounded by an international residential community, and setting new standards in sustainable tourism. ERC is swiftly launching operations to fulfill its mandate, and will partner with the local and global private sector to achieve its goals for construction, cultural programming and event management. Expo 2030 Riyadh runs from October 1, 2030 to March 31, 2031 and will further strengthen the city's attractiveness to international businesses. Riyadh was awarded the hosting rights for Expo 2030 in November 2024, winning the vote in the first round. During its construction phases, Expo 2030 Riyadh and its legacy are projected to contribute around $64 billion to Saudi GDP and generate approximately 171,000 direct and indirect jobs. #PIF today announced the launch of Expo 2030 Riyadh Company (ERC), #aPIFcompany to build and operate the facilities of #Expo2030Riyadh - Saudi Arabia's first World Expo - as well as preserving the legacy of the event. Learn more: — Public Investment Fund (@PIF_en) June 19, 2025

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store