Saudi Arabia, Germany agree to set up $200m fund for women empowerment

German Chancellor Angela Merkel walks with German Ambassador Dieter W. Haller on arrival in Jeddah on Sunday. (AN photo)
Updated 02 May 2017
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Saudi Arabia, Germany agree to set up $200m fund for women empowerment

RIYADH: German Chancellor Angela Merkel invited King Salman to attend the G20 summit in Germany after holding wide-ranging consultations on the agenda of the summit in Jeddah on Sunday.
Chancellor Merkel also renewed invitation to Crown Prince Mohammed bin Naif, deputy premier and minister of interior, to visit Germany.
“King Salman was formally invited by the chancellor to attend the G20 summit,” said German Ambassador Dieter W. Haller.
In a separate development, Merkel attended a meeting of Saudi businesswomen in Jeddah on Sunday.
Merkel acknowledged there have been “significant changes in the role of women” since her last visit in 2010.
She cited the historic first-time participation of women in Saudi Arabia’s elections for local municipal council seats in 2015.
“I have the impression that the country is in a phase of change and that a lot more is possible now than some years ago,” Merkel added.
Ambassador Haller said the German chancellor and top Saudi officials discussed the agenda of the G20 summit during their talks. This 12th G20 summit will be held in the German city of Hamburg, a major trade hub and port city of Europe.
Referring to the preparations for the G20 summit, the envoy said that Germany is fully geared up to host the event, to be attended by more than 20 heads of state and many representatives of international organizations.
Haller said: “The Kingdom and Germany have agreed to a proposal to set up a $200 million fund for empowerment of women within the framework of the G20.”
The fund, he said, is proposed to be created with the help of the governments’ contributions as well as contributions from the private sector entities.
When asked about the energy issues that will top the agenda of the G20 summit, he said: “Merkel also discussed the Paris climate accord and G20 decisions on energy with top Saudi officials.”
The envoy, however, did not elaborate. “Also, the focus of the talks with Saudi officials was on the need to stabilize African countries, and to align efforts to restore peace and security in Africa,” said Haller.
Germany, he said, will be closely working with the Kingdom and the state-owned Saudi Fund for Development (SFD) in Africa, both on bilateral and G20 levels.
Haller said the business meeting at Jeddah Chamber of Commerce organized during the visit of Merkel shed light on the plans and policies of the Saudi government within the framework of the Saudi Vision 2030.
“There was substantial discussion over how Germany could support Saudi efforts to diversify its economy and reduce its dependence on oil,” said the diplomat, while referring to the participation of top-notch businessmen and executives in the meeting.
Referring to the progressively growing relations between Riyadh and Berlin in different sectors, Haller said the two sides are now working to sign a major Memorandum of Understanding (MoU) on scientific and technological cooperation.
This agreement will be endorsed by the German Federal Ministry of Research and Education, and Riyadh-based King Abdulaziz City for Science and Technology (KACST) possibly later this year.
Haller said the German chancellor’s visit has given a new boost to the existing links. The volume of commercial exchange stood at $8.72 billion in 2016, which need to be further increased, he said.
German investments in Saudi Arabia are around $1.3 billion, while many Saudi and German companies have revealed keen interest to set up joint ventures.


Emir of Kuwait sends King Salman GCC Summit letter

Updated 27 November 2024
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Emir of Kuwait sends King Salman GCC Summit letter

  • Message delivered to minister during meeting in Riyadh

RIYADH: King Salman has received a letter from the Emir of Kuwait Sheikh Meshal Al-Ahmad Al-Sabah inviting him to the Gulf Cooperation Council Summit.

The message was delivered to Minister of State Prince Turki bin Mohammed bin Fahd during a meeting in Riyadh on Tuesday with Kuwait’s Foreign Minister Abdullah Ali Al-Yahya.

The two sides held cordial talks and discussed issues of common interest.

The 45th GCC Summit takes place in Kuwait on Sunday.


King Salman asks people of Saudi Arabia to pray on Thursday for rain

Updated 27 November 2024
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King Salman asks people of Saudi Arabia to pray on Thursday for rain

RIYADH: King Salman called on Muslims in Saudi Arabia to pray on Thursday for rain, the Saudi Press Agency reported.

“Everyone who is able should be keen to perform the prayer, in accordance with the tradition of Prophet Muhammad,” the Royal Court said.

Muslims are often asked to pray for rainfall in times of drought or other water shortages.


Global Harmony event concludes with celebration of Egyptian culture in Riyadh

Updated 26 November 2024
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Global Harmony event concludes with celebration of Egyptian culture in Riyadh

  • Saudi Arabia and Egypt continue to strengthen their political relationship through agreements in trade, tourism, energy and culture

RIYADH: The Global Harmony initiative concludes its third edition with a week-long celebration of Egyptian music, art and tradition in Suwaidi Park as part of Riyadh Season.

Running from Nov. 24-30 and organized by the Ministry of Media, the event invites visitors to experience Egypt’s rich heritage through a range of cultural activities.

Speaking to Arab News, Egyptian Ambassador to Saudi Arabia Tarek El-Meligy highlighted the deep-rooted connection between the two nations. “The Egyptian community is the most harmonious, coexistent and understanding in a positive way within Saudi society,” he said.

“If you ask any Egyptian which country they would like to live in after Egypt, they will say Saudi Arabia.”

The Egyptian ambassador to Saudi Arabia visits the Egyptian festival at Riyadh’s Suwaidi Park, held as part of the Global Harmony initiative on Nov. 24, 2024. (AN photo by Huda Bashatah)

Sarry Shaaban, an executive and consultant at the General Entertainment Authority, said: “We are talking about millions of visitors, both residents and Saudis, entering the park. Whether I’m a resident, a Saudi or from a country hosting the event, it provides an opportunity for residents to learn about your culture, colors, explore its arts, food, crafts, and traditional industries.”

Live music and dance performances displaying Egypt’s cultural traditions, with the rhythm of drums and flutes and performers in traditional costumes, have brought the life and spirit of Cairo’s streets to Riyadh.

A separate bazaar area has been set up featuring Egyptian cuisine, traditional clothing and handcrafted items.

Performers showcase traditional Egyptian folk costumes and dances during celebrations at Riyadh’s Suwaidi Park, part of the Global Harmony Initiative, on Nov. 24, 2024. (AN photo by Huda Bashatah)

“An event like this carries positive messages and highlights something we strive to emphasize every day, that we are one people, united by love and affection,” said El-Meligy.

Egyptian Sameh Nabil emphasized the feel of unity: “This initiative brought us closer together as Egyptians, and with Saudis here, I feel like we are brothers. I always feel like we are not expatriates.”

And visitor Khaled Zahir said: “This event reflects the love, connection and affection between Egyptians living in the Kingdom and Saudis.”

Performers in Egyptian attire take part in a parade at Riyadh’s Suwaidi Park, celebrating Egyptian culture as part of the Global Harmony initiative on Nov. 24, 2024. (AN photo by Huda Bashatah)

Egyptians make up 11 percent of Saudi Arabia’s population, according to the Saudi Census, meaning such exhibitions are important in promoting mutual respect and harmony.

El-Meligy said Saudi Arabia hosted the largest Egyptian expatriate community abroad, with remittances from those in the Kingdom forming a significant part of their home nation’s income.

“In recent months, remittances from Egyptians abroad have increased substantially, thanks to the facilities between the two countries and the confidence in both the Saudi and Egyptian economies,” he added.

Performers in Egyptian attire take part in a parade at Riyadh’s Suwaidi Park, celebrating Egyptian culture as part of the Global Harmony initiative on Nov. 24, 2024. (Photo/@RiyadhSeason)

Saudi Arabia and Egypt continue to strengthen their political relationship through agreements in trade, tourism, energy and culture. In his October visit to Cairo, Saudi Crown Prince Mohammed bin Salman met with Egyptian President Abdel Fattah El-Sisi to discuss investment opportunities and the establishment of a supreme coordination council to deepen bilateral relations.

Trade between Saudi Arabia and Egypt saw a 35.16 percent annual increase in the first half of 2024, according to the General Authority of Statistics. The increase was driven by a 73.44 percent surge in Saudi imports from Egypt, totaling $4.18 billion.

Egypt has also shown a growing interest in investing in Saudi Arabia, with a 71 percent rise in licenses granted to Egyptian firms in the second quarter of 2024.

The festival, which began in October, highlights the lives, contributions and cultural integration of its residents. So far, it has celebrated cultures including Indian heritage and moving through Philippine, Indonesian, Pakistani, Yemeni, Sudanese, Bangladeshi, Jordanian, Lebanese and Syrian traditions.

 


Riyadh Expo 2030 provides progress update to international exhibitions regulator BIE

The General Director of the Expo 2030 Riyadh Support Office, Abdulaziz Alghannam, speaks at the 175th general assembly meeting.
Updated 26 November 2024
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Riyadh Expo 2030 provides progress update to international exhibitions regulator BIE

  • Members of Riyadh Expo 2030 update Bureau International des Expositions on progress toward hosting the event

RIYADH: A Saudi delegation representing Riyadh Expo 2030 took part in a Bureau International des Expositions meeting on Tuesday to review the Kingdom’s readiness to host the global event.

In November 2023, Saudi Arabia won the bid to host the 2030 World Expo between October 2030 and March 2031 in the capital, Riyadh.

The Riyadh Expo 2030 delegation took part in the 175th general assembly meeting of the BIE, a Paris-based intergovernmental organization which oversees and regulates World Expos, the Saudi Press Agency reported.

They updated senior officials of the BIE about the latest Saudi developments and preparations for hosting the event. They also discussed progress on work to accommodate an expected 246 exhibitors, including countries, organizations and companies, at a site north of Riyadh.

Under the theme “The Era of Change: Together for a Foresighted Tomorrow,” the event aims to be a unique platform for innovations and modern technologies which aim to find answers to challenges facing the planet in various fields, according to the Expo 2030 website.


Hospitality sector innovations, trends showcased at Riyadh exhibition

Updated 26 November 2024
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Hospitality sector innovations, trends showcased at Riyadh exhibition

  • Event gathers local and international exhibitors, industry leaders, and visitors to showcase trends, innovations, and business opportunities in the sector
  • Exhibition features an array of engaging activities, including live cooking demonstrations by celebrity chefs, a barista competition, and workshops for aspiring culinary professionals

RIYADH: This year’s HORECA exhibition held in Riyadh is underscoring the Kingdom’s growing influence in the global hospitality market.

Held at the Riyadh International Convention and Exhibition Center, the three-day event concludes on Nov. 27 and gathers local and international exhibitors, industry leaders, and visitors to showcase trends, innovations, and business opportunities in the sector.

The event contributes to Saudi Arabia’s Vision 2030 by fostering private-sector growth, promoting tourism, and enhancing the country’s food and beverage industries.

The exhibition features an array of engaging activities, including live cooking demonstrations by celebrity chefs, a barista competition, and workshops for aspiring culinary professionals.

Visitors can sample creative dishes, observe new techniques in food and beverage, and explore sustainable packaging solutions, among other highlights.

Prince Waleed bin Nasser, guest of honor and CEO of Mukatafa Co., highlighted the importance of collaboration between the private and public sectors.

Speaking at a session on public policies impacting the food and beverage sector, he said: “The vision today aspires for the private sector to play a significant role in the development of the economy. The private sector must take the initiative to have a voice. To achieve this, it needs to be organized and united in presenting a single perspective.”

He also emphasized the need for proactive engagement: “We must work as one, united with a common vision, and present this vision in a professional manner backed by facts, ensuring that the decisions made have a positive impact on the sector and the citizens.”

Culinary competitions are among the highlights celebrating creativity and technical skills at HORECA. Mohammed Naif, a participant representing Saudi Arabia’s Hotel and Tourism Management Institute, told Arab News: “The atmosphere was amazing, and the competition was all about passion and enjoyment. There was a panel of judges and organizers who were very supportive — if you made a mistake, they would help you, and if you had an incomplete idea, they would guide you.

“I encourage anyone with a passion for cooking to join, showcase their creativity, and learn while bringing out their best.”

The exhibition also provided a platform for networking, with exhibitors showcasing local innovations as well as international brands. From cutting-edge hospitality tech to Saudi-inspired culinary creations, the event highlighted the Kingdom’s growing reputation as a global hub for the sector.