JEDDAH: Saudi food exports will become a major non-oil industry over the next five years, according to Prince Abdul Aziz bin Nawaf bin Abdul Aziz, who inaugurated the four-day 6th Foodex Saudi 2018 at the Jeddah Center for Forums and Events on Monday.
During the opening of the largest Saudi international exhibition specializing in the food sector, the prince emphasized the importance of concerted efforts and international partnerships to achieve agricultural development and sustainable food security.
He said the participation of 52 countries represented by 500 international brands reflected the position that Saudi Arabia occupied economically. “It also shows the leading role played by the Kingdom in the Middle East as the largest and most attractive market for all investors,” he said.
The prince said the achievements of food and beverage industries in Saudi Arabia during the first quarter of the current year had reached 82 percent and total funding had increased by 217 percent, according to information issued by the Ministry of Energy, Industry and Mineral Resources. This also revealed that total Saudi exports in the food sector during the past year amounted to SR14 billion for 2017, and the sector ranked fourth in the list of major non-oil exporting industries.
Haya Al-Sunaidi, chairwoman and CEO of Reed Sunaidi Exhibition, organizer of the exhibition, told Arab News that the launch of Foodex Saudi had seen wide participation from international brands, including the latest products in fresh, chilled and frozen foods, dairy products, food services, canned goods, meat, poultry, snacks and sweets.
“This year, we have more exhibitors than those in the last edition or any previous edition of the exhibition. We have both public and private participants,” she said.
“The government has been encouraging farmers to produce organic products. Now we can see that we are producing olive oil, a thing that I had not imagined we could really have,” she said. She added that Saudi Arabia was now exporting dates, poultry and dairy products.
However, Al-Sunaidi said Saudi Arabia was still importing 80 percent of its total food consumption, which is why she believes imported brands will not affect homegrown food production.
Organic food products were noticeably present at the exhibition, proving that Saudis are reconsidering their eating habits. Al-Sunaidi said that Saudi investors and consumers are demanding more organic food products.
Al-Sunaidi said the exhibition, which is seeing European and Asian participation, offers business networking opportunities for industry professionals working in the food and beverage sector. She added that it is also showcasing new food products entering the Saudi market for the first time.
Al-Sunaidi said that leading local, regional and international companies trust the Saudi market. “Saudi Arabia has the largest food market in both the GCC countries and the Middle East. It is also one of the world’s strongest economic and consumer powers,” she said.
“Food and beverage imports are expected to increase up to SR135 billion in 2020 compared to the present rate of SR80 billion. In addition, fast-food market volume exceeds SR5 billion per year and retail sales have surged by 66 percent,” she said.
Meanwhile, general manager of a Kenyan tea company, Naveed Ariff, told Arab News that the Kenyan tea they are promoting at the exhibition is the finest tea in the world. “Unlike any other tea elsewhere, our tea production is always fresh throughout the year, the quality is incomparable and the price is reasonable,” he said.
The Saudi Food and Drug Authority (SFDA) was also present at the exhibition through its booth, which spread its awareness messages to visitors on the latest food security standards aimed at protecting consumers’ health.
The winners of nine awards for food industry innovators will be announced at the exhibition.
Thomas A. Gugler, the president of the World Association of Chefs’ Societies, has announced receiving the nominations for best cold drink, best hot drink, best dairy product, best product in red meat and chicken, best product in the bakery and confectionery sector, best product in the spices and sauces sector, best frozen or cold food product, best organic food product and best healthy food product.
He said the selected candidates were highlighted to visitors, specialists and pioneers of the food industry, and they were assigned a place inside the suite dedicated to the competition at the exhibition.
In contrast, the world’s most famous chefs are competing at the “Salon Culinaire,” held under the auspices of the World Association of Chefs’ Societies and the Saudi Chefs’ Table, during which 200 chefs from the world’s most famous hotels and restaurants compete in 17 categories.
Foodex Saudi promotes Kingdom’s agriculture
Foodex Saudi promotes Kingdom’s agriculture
- The government has been encouraging farmers to produce organic products
- Organic food products were noticeably present at the exhibition, proving that Saudis are reconsidering their eating habits
Saudi, Japanese firms to release new game in MENA
- The action game will immerse players in legendary battles and strategic combat
Riyadh: Manga Productions, a subsidiary of the Misk Foundation, has signed a publishing and distribution agreement with Koei Tecmo to release Dynasty Warriors: Origins in the Middle East and North Africa, scheduled for Jan. 17, 2025.
The game will be available on PlayStation 5, Xbox Series X|S, and PC, according to a press release.
Manga Productions will collaborate with Koei Tecmo to localize the game for MENA audiences, involving Saudi talents in the process, in addition to handling its publishing and marketing.
The action game will immerse players in legendary battles and strategic combat, set in the iconic Three Kingdoms world of ancient China, appealing to both new and returning fans of the series.
Manga Productions CEO Essam Bukhary said: “Saudi Arabia and the MENA region are among the fastest-growing game markets globally. Manga Productions has successfully produced, distributed, and licensed content in recent years. We’re excited to partner with Koei Tecmo to publish this AAA game and invest in Saudi talent to further develop the gaming and creative industries in the region.”
Koei Tecmo President and Chief Operating Officer Hisashi Koinuma said that this partnership with Manga Productions goes beyond publishing to deliver a fully localized version tailored for regional gaming enthusiasts.
Abdulaziz Alnaghmoosh, business development and content licensing director at Manga Productions, said that video games are a core part of the company’s business. This collaboration offers a unique opportunity to expand into the MENA region, benefiting both parties, he added.
Matcha lovers, anime fans flock to Japan Festival in Riyadh
- Festival celebrates Japanese technology and products
- Major car brands demonstrate new models
RIYADH: Thousands of people flocked to the Japan Festival held recently in Riyadh, which attracted businesspeople, matcha tea lovers, anime fans, and car enthusiasts alike.
Organized jointly by the Embassy of Japan, the Japan External Trade Organization, and the Japanese Society in Riyadh, the festival was held at the Saudi capital’s Cultural Palace and hosted around 8,000 visitors over two days.
A JETRO spokesperson told Arab News that more than a few Japanese have been keeping a close eye on Saudi Arabia’s future potential.
“For Japan, Saudi Arabia has been one of the most important trade partners due to two reasons. One is that Saudi Arabia has been the biggest exporter of crude oil to Japan and the other (is that) Saudi Arabia highly evaluates Japanese technologies, in particular transportation equipment,” the spokesperson said.
On Japan-Saudi exports, the JETRO spokesperson noted that Japanese exports to Saudi Arabia totaled $6.36 billion in 2023, up 25.2 percent from the previous year.
Of that total, transportation equipment accounted for 70.2 percent of total exports. Automobiles grew 31.3 percent to $4.25 billion, with passenger cars and buses/trucks growing 32.8 percent and 24.2 percent respectively.
Imports declined $34.78 billion, down 19.2 percent from the previous year. Crude oil and crude oil imports, which account for 95.7 percent of total imports, declined 17.9 percent to $33.3 billion due to lower crude oil prices and production cuts. In 2023, oil imports from Saudi Arabia accounted for 40.4 percent of Japan’s total.
Major car brands like Mitsubishi and Toyota were on display at the event, as well as several technology, beauty, art and recreational brands.
Trading house Itochu, and Kumon, the children’s educational network, were some of the big name brands participating in the event.
Stage performances showcased a number of Japanese cultural offerings including a drum performance by the students of the Japanese School in Riyadh, a martial arts demonstration, a tea ceremony, umbrella juggling, live painting, and performances of popular traditional and anime songs.
Guests were able to learn about Japanese tourism, play with traditional toys, learn origami, and try on a Japanese kimono or yukata.
Visitors were also educated on Japanese tourism, and enjoyed traditional Japanese toys, calligraphy and craft workshops.
In the booth area, Japanese industrial products with cutting-edge technology and Japanese cars from major brands were displayed.
Camel organization welcomes Saudi HQ approval
RIYADH: The International Camel Organization welcomed the Saudi Cabinet’s decision to approve a headquarters agreement between the Kingdom’s government and the organization.
The decision reflects Saudi Arabia’s ongoing support for the camel sector and its efforts to elevate its role internationally, the Saudi Press Agency reported.
Fahd bin Falah bin Hathleen, chairman of the camel organization, expressed his gratitude for the Cabinet’s decision.
He said: “The organization has worked over the years to develop strategies and policies to promote the global camel economy. These efforts aim to advance rural and desert communities, preserve heritage and culture, foster scientific research, and encourage camel-related sports that attract global interest.
“Additionally, we have organized international events, expanded partnerships with global organizations, and prioritized camel welfare, health, and regulations governing their movement.”
Bin Hathleen said that the Saudi Cabinet’s decision underscores the government’s commitment, under King Salman’s leadership, to strengthening the organization’s role and enhancing international cooperation in the camel sector.
He noted that the decision aligns with Saudi Vision 2030, which aims to foster sustainable development, support key sectors, and boost international collaboration to benefit camel breeders and owners locally, regionally, and globally.
This achievement also supports the Year of the Camel and the International Year of the Camelids 2024 initiatives, which are designed to highlight the untapped potential of the animals, SPA reported.
These initiatives advocate for increased investment, further research, capacity-building, and the adoption of innovative practices and technologies in the camel sector.
3rd Global Conference for Giftedness and Creativity underway in Riyadh
- More than 300 talented individuals and local and international speakers from over 50 countries were attending the three-day conference
RIYADH: The third edition of the Global Conference for Giftedness and Creativity opened in Riyadh on Sunday, bringing together a select group of experts and talented individuals in science, technology, and innovation.
More than 300 talented individuals and local and international speakers from over 50 countries were attending the three-day conference, which was inaugurated by Prince Faisal bin Bandar bin Abdulaziz, governor of Riyadh region, the Saudi Press Agency reported.
Organized by the King Abdulaziz and His Companions Foundation for Giftedness and Creativity, also known as "Mawhiba," the conference is being held at the King Abdullah Petroleum Studies and Research Center (KAPSARC) until Tuesday.
Themed "Beyond Creative Minds," the conference aims to showcase the potential of the gifted, develop a comprehensive care system to support them, bolster integration and strategic partnerships, and enhance opportunities for global exchange and cooperation.
An exhibition and various cultural visits are being held on the conference sidelines, the SPA report said.
According to the Mawhiba site, the conference reflects the success achieved in the two previous editions, and "provides an opportunity for partners to contribute to sponsoring the journey of talented people from different countries of the world."
Saudi-European talks to strengthen cooperation in environmental fields
- Saudi minister, EU security and political officials discuss reinforcing existing work on coping with climate change
RIYADH: Saudi Minister of State for Foreign Affairs Adel Al-Jubeir met with European officials on Sunday in Riyadh, Saudi Press Agency reported.
Al-Jubeir, who is also the Saudi climate envoy, held talks with Delphine Pronk, chair of the EU Political and Security Committee, and Luigi Di Maio, EU special representative for the Gulf region.
They discussed issues surrounding climate change and environmental cooperation between Saudi Arabia and the EU, as well as ways in which existing cooperation on tackling climate change could be strengthened. They also talked about the recent development in foreign policy in Europe and the Middle East.
Saudi Arabia maintains a strong dialogue with the EU, with both parties sharing views on several foreign policy issues, including the Saudi-led Arab Peace Initiative for the Middle East.
The EU and Saudi Arabia are also linked through trade relations, with the EU becoming the Kingdom’s second main trading partner after the volume of trade exchange between Riyadh and Brussels peaked at $80 billion in 2023.