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  1. Mubasher News
  2. CTO: Star Luxury signs successful car rental partnerships during STF 25

CTO: Star Luxury signs successful car rental partnerships during STF 25

GHADA.ISMAIL
Jan 9, 2025
Star Luxury plans to expand in neighboring countries such as UAE, Turkey and Egypt

Riyadh – Exclusive Sharikat Mubasher: Walid Alyamani, Chief Technical Officer (CTO) of Star Luxury, a company specializing in logistics and VIP car rentals in Saudi Arabia, stated that the company offers its rentals for B2B and B2C, in addition to a car rental platform dedicated for individuals.

These two platforms are part of the mother company, the Golden Crown Group, along with a company for tourism and media coverage for businesses and individuals alike.

In an exclusive interview with Sharikat Mubasher during the Saudi Tourism Forum 2025, he added that the company partook in many local and global events including Leap and Formula 1 with over 300 cars.

The CTO revealed the company’s plans to expand in neighboring countries such as UAE, Turkey, and Egypt in the near future.

He further added that the STF was a great opportunity for Star Luxury to forge multiple partnerships with companies from Egypt and London as well.

Notably, the Saudi Tourism Forum in its 3rd edition is running from 7 to 9 January at the Roshn Front, Riyadh, and is expected to welcome over 100 exhibitors offering a thriving platform to explore the latest developments, showcase key investment projects, and foster skill development and partnerships to drive the growth of the tourism sector.

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Cultural Development Fund launches ‘AI Incentives for Cultural Projects’ initiative
Riyadh - Sharikat Mubasher: The Saudi Cultural Development Fund launched the ‘AI Incentives for Cultural Projects’ initiative to support cultural projects in priority areas aligned with national objectives, in partnership with the Ministry of Culture, the Saudi Data and AI Authority (SDAIA), and the Quality of Life Program, one of Saudi Vision 2030’s Vision Realization Programs.The initiative represents the first track under “Nama’ Incentives,” which strengthens the capacity of cultural projects for growth and innovation while maximizing their economic and social impact and long-term sustainability, according to the official statement.This track is designed to foster micro, small, and medium-sized enterprises (MSMEs) seeking to adopt or develop AI technologies within their projects across the cultural sector. Eligible projects can receive financial incentives of up to SAR 500,000 to develop and adopt innovative AI-powered solutions. The AI Incentives track focuses on supporting projects across key areas, such as: creativity and production; heritage and asset preservation; content and knowledge development; cultural experiences and engagement; cultural project management and operations; and governance and intellectual property. These areas are designed to accelerate the development of innovative AI-driven solutions across the cultural value chain while advancing the sector's digital transformation.Commenting on this milestone, Majed Al-Hugail, CEO of CDF, said: “The launch of the AI Incentives for Cultural Projects track reflects our strategic commitment to enabling the cultural sector to harness advanced technologies as a driver of innovation and growth. We believe that integrating artificial intelligence into cultural projects will unlock more valuable products, services, and experiences, while creating new opportunities for investment and entrepreneurship.”The AI Incentives for Cultural Projects builds on a trilateral agreement between the Ministry of Culture, the CDF, and SDAIA aimed at accelerating the adoption of advanced technologies across the cultural sector, fostering innovation, enhancing operational efficiency and competitiveness, and advancing the development of cultural products and services, strengthening the sector’s readiness for the future.
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