Global tech giant Samsung switched on to ‘new opportunities’ in Saudi Arabia

Lee Jae-yong, vice chairman of Samsung Electronics, wants to open up new business channels and diversify the economy on the back of the Saudi Vision 2030 reform plan.
Updated 19 September 2019
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Global tech giant Samsung switched on to ‘new opportunities’ in Saudi Arabia

  • Lee on Sunday reviewed the progress of the Riyadh Metro Project which is being led by Samsung C&T

SEOUL: The heir to South Korea’s tech giant, Samsung Group, who is currently on a visit to Saudi Arabia, has stepped up efforts to grow business links in the Kingdom’s “land of opportunities.”

Lee Jae-yong, vice chairman of Samsung Electronics, wants to open up new business channels and diversify the economy on the back of the Saudi Vision 2030 reform plan, officials told Arab News on Wednesday.

In his first visit to an overseas construction site, Lee on Sunday reviewed the progress of the Riyadh Metro Project which is being led by Samsung C&T, the construction and trading arm of the tech conglomerate.

Under a consortium with Spanish and French firms, Samsung C&T is responsible for building six subway lines covering 168 kilometers. Initiated in 2013, the project will be Saudi Arabia’s first public transportation construction work to be completed by 2020. During his site tour, Lee spoke to workers, calling the Middle East “a land of opportunities in the 21st century.”

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Samsung chief moves to grow business links, diversify economy under Kingdom’s Vision 2030.

Leading the multinational group in place of his bedridden father, Lee Kun-hee, the tech chief added: “I’m very proud of you working on the site even during the Chuseok (Korean thanksgiving) holiday apart from your family members. I’m really proud of you. I’m confident your efforts will bear valuable fruit in the future.”

On Wednesday, Lee met with Crown Prince Mohammed bin Salman to discuss measures for expanding business opportunities in a variety of fields, including technology, construction and energy, which are key to the Kingdom’s plan to build smart cities, a Samsung official told Arab News.

It was Lee’s second meeting with the crown prince in three months after the Saudi royal visited Seoul for talks with President Moon Jae-in and South Korean business leaders. During his trip, the crown prince signed an $8.3 billion (SR31.1 billion) economic cooperation pact in the fields of energy, automotive, and others.

“Vice chairman Lee met a range of Saudi officials to discuss issues of bilateral cooperation,” the official said. “The bottom line is Samsung is very much interested in Saudi’s economic reform plan from the traditional oil-dependent economy to a tech-based one and exploring fields of potential business opportunities based on the company’s state-of-the-art technology.”

Samsung C&T, in particular, has a competitive edge in so-called smart construction technology, which is expected to be suitable to Saudi’s roadmap to build smart cities. The official added that the engineering affiliate had applied Internet of Things (IoT) technologies to its new apartment complex in South Korea to add convenience, security and wellness to the living place.

Samsung has also been pitching its 5G wireless technology to Middle Eastern customer nations. Saudi Arabia is on the cusp of implementing a 5G network across the Kingdom in line with the Vision 2030 initiative. 

The up-to-date communication technology is believed to be more than 10 times faster than 4G.

Saudi Arabia has constructed 1,000 5G base stations and the fifth-generation network is expected to support 45 million IoT devices in the country.

“Samsung is at the forefront with global operators in bringing 5G benefits to consumers, industries and societies by helping them deliver 5G commercial networks,” said Jeon Jaeho, executive vice president and head of research, development, and networks business at Samsung Electronics.

Samsung’s investment in the Saudi-backed Vision Fund was also on the agenda for discussion, another Samsung source told Arab News. Japan’s SoftBank launched its first Vision Fund in 2016 after signing a deal with the crown prince to create the world’s biggest buyout fund. SoftBank has unveiled a second investment fund with the Saudi Public Investment Fund and Abu Dhabi’s sovereign wealth fund Mubadala Investment on board.

The tech firm has also upped efforts to expand its foothold in Middle East markets and woo deep-pocketed customers amid flagging demand for premium smartphones worldwide.

In February, Lee met with Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed Al-Nahyan. When the crown prince visited Samsung’s manufacturing facilities outside the capital, Lee showcased Samsung’s technologies of the 5G mobile communication network, semiconductors and artificial intelligence.

Under the strategy for the Fourth Industrial Revolution adopted in 2017, the UAE plans to build a nationwide 5G infrastructure before the Expo 2020 in Dubai.


Saudi-European talks to strengthen cooperation in environmental fields

Updated 54 min 52 sec ago
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Saudi-European talks to strengthen cooperation in environmental fields

  • Saudi minister of state discussed with EU security and political officials strengthening existing work on dealing 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, the Chair of the EU Political and Security Committee, and Luigi Di Maio, the EU Special Representative for the Gulf region.
They discussed issues surrounding climate change and the cooperation between Saudi Arabia and the EU in environmental fields, SPA added.
They discussed ways to strengthen their existing cooperation on tackling climate change and the recent development in foreign policy in Europe and the Middle East.
Saudi Arabia maintains a strong dialogue with the EU, and both parties share close views on several foreign policy issues, including the Saudi-led Arab Peace Initiative for the Middle East, which aims to create a prosperous region for all its people and end the cycle of conflict.
The EU and Saudi Arabia are also linked through trade relations, which made the EU the Kingdom's second trading partner after the volume of trade exchange between Riyadh and Brussels peaked at $80 billion in 2023.


Saudi FM arrives in Italy to attend G7 ministerial meeting

Updated 24 November 2024
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Saudi FM arrives in Italy to attend G7 ministerial meeting

RIYADH: Saudi foreign minister Prince Faisal bin Farhan arrived in Italy on Sunday to participate in an expanded ministerial meeting of the Group of Seven (G7) countries in Fiuggi, Saudi Press Agency reported. 

The meeting will discuss the current situation in the Middle East, SPA added.

During his stay in Fiuggi, Prince Faisal will hold a number of discussions that will address regional and international issues.


Saudi fund chief receives Tajikistan’s deputy prime minister

Updated 24 November 2024
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Saudi fund chief receives Tajikistan’s deputy prime minister

  • Saudi Ambassador to Tajikistan Walid Al-Rashidan was among the officials in attendance

RIYADH: CEO of the Saudi Fund for Development Sultan Al-Marshad received First Deputy Prime Minister of Tajikistan Hokim Kholiqzoda and his accompanying delegation in Riyadh on Sunday.

During the meeting, the Saudi fund’s development projects were discussed, as well as ways to enhance development cooperation between both sides, the official account wrote on X.

Saudi Ambassador to Tajikistan Walid Al-Rashidan was among the officials in attendance.

Kholiqzoda’s visit included a tour of the Saudi fund’s exhibition center, which showcases the organization’s 50-year journey, including notable development projects and their impacts on the lives of beneficiaries.

 


World’s first International Conference on Conjoined Twins kicks off in Riyadh

Updated 24 November 2024
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World’s first International Conference on Conjoined Twins kicks off in Riyadh

  • Top World Health Organization official commends Saudi Arabia’s efforts in the field

RIYADH: The inaugural International Conference on Conjoined Twins kicked off in Riyadh on Sunday. 

The event unites leading medical experts, humanitarian organizations, and families from around the globe to share vital insights, discuss innovative separation techniques, and forge collaborative pathways in the pursuit of improved lives for conjoined twins. 

Riyadh Gov. Prince Faisal bin Bandar delivered a speech on behalf of King Salman celebrating the achievements of the Saudi Conjoined Twins Program, which has become a global leader in the field.

“Since 1990, 143 cases of twins from 26 countries have been reviewed by my dear colleagues, who have successfully separated a total of 61 pairs of twins to date,” he said. 

Prince Faisal added that it is the only program globally specializing in separating conjoined twins, making it one of the largest humanitarian medical programs in the world. 

He also highlighted a recent milestone: the UN General Assembly is considering an initiative by Saudi Arabia to designate Nov. 24 as the annual World Conjoined Twins Day.

In a video address, Dr. Tedros Adhanom Ghebreyesus, director general of the World Health Organization, congratulated Saudi Arabia on its leadership in organizing the conference.

“I commend Saudi Arabia for its leadership in organizing this important World Conjoined Twins Day Conference,” he said. 

This recognition would honor the medical and humanitarian efforts in this field and highlight the challenges faced by conjoined twins and their families. 

Ghebreyesus praised the initiative as a model for global collaboration in rare and complex medical cases. 

“The conference provides critical insights, from surgical innovations to long-term strategies, shaping rare initiatives. A broader platform and registry for congenital anomalies would benefit low and middle-income countries,” he said.

A keynote address was delivered by Dr. Abdullah Al-Rabeeah, advisor to the Royal Court and supervisor-general of Saudi aid agency KSrelief.

As the head of the multidisciplinary team for the Saudi Conjoined Twins Program, Al-Rabeeah provided insights into the occurrence and challenges associated with conjoined twins.

The history of conjoined twin separation reveals both the challenges and progress in medical science. 

“The first successful separation was by Johannes Fatio back in 1689 by using a constricting band for a set of Omphalopagus twins or those sharing liver and gastrointestinal organs,” he said.

With a 0.5 percent incidence rate, this early success involved “presumably, a small joining in the skin, probably a little bit of the liver,” said Al-Rabeeah. 

He added that a major breakthrough came in 1957 with the first successful separation of Craniopagus, or twins sharing one brain. 

Al-Rabeeah said that the epidemiology shows distinct patterns: “In Western countries, it’s been estimated that we get one conjoined twins in every 50 to 200,000 births.” 

He added that, however, it is more prevalent in Southeast Asia and Africa, “presumably because identical twinning and twinning is (found) more in dark-skinned people in Africa and also in Southeast Asia, increasing the incidence.”

The survival statistics, Al-Rabeeah reported, entail that “60 percent of conjoined twins are stillborn, and those who live 40 percent of them will die in the first few days of life, and 70 percent of those who would survive will be females.”

He emphasized that the reasons behind this regional disparity remain unknown and require further research.

Throughout the conference, leading medical professionals presented their expertise on various aspects of caring for and separating conjoined twins. Topics included embryology, multidisciplinary team-building, antenatal care, and labor management. 

Dr. Nadia Al-Ghilan, from the maternal-fetal medicine department at King Abdulaziz Medical City, gave a presentation titled “Caring for Conjoined Twins: A Prenatal Journey,” describing the complex process of managing pregnancies involving conjoined twins.  

She said that caring for conjoined twins is a complex and delicate process as it requires meticulous prenatal planning and a dedicated medical team.

Al-Ghilan said that “this journey is filled with unique challenges, ethical considerations, and the utmost care to ensure the best possible outcomes for the twins and their family.” 

Early diagnosis, she stressed, is critical for effective prenatal referral, counseling, and planning for delivery and postnatal care.  

Al-Ghilan also underscored the importance of genetic testing in understanding the chromosomal health of conjoined twins. 

“Techniques like amniocentesis and chorionic villus sampling can help identify genetic abnormalities, providing valuable information for developing treatment strategies.”

The conference not only serves as a platform for scientific exchange but also fosters dialogue on building global partnerships to support conjoined twins and their families, particularly in low and middle income countries. The conference emphasized the importance of comprehensive care, from prenatal counseling to post-separation rehabilitation. 

For over 30 years, the Saudi Conjoined Twins Program has stood as a beacon of hope for families worldwide. The inaugural International Conference on Conjoined Twins is set to continue this legacy, inspiring further advancements in the care and treatment of conjoined twins globally. 


Doctor describes difficulties in separating twins joined at the skull

Baby girls Rital and Ritag Gaboura, two craniopagus twins, lie on a bed at Great Ormond Street Hospital in London.
Updated 24 November 2024
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Doctor describes difficulties in separating twins joined at the skull

  • “Conjoined twins are rare, as has been said, but ‘cranomalies’ are extremely rare,” Dr. Felice D’Arco said

RIYADH: A London-based medical expert at a conference in Riyadh revealed the difficulties in separating a rare form of conjoined twins in which the patients are joined at the skull.

Dr. Felice D’Arco, consultant pediatric neurologist at Great Ormond Street Hospital in London, spoke during the International Conference on Conjoined Twins on Sunday about the condition, which occurs in about one of every 2.5 million births worldwide.

“Conjoined twins are rare, as has been said, but ‘cranomalies’ are extremely rare,” he said.

For radiologists, this means there are no standardized CT and MRI scanning protocols in place for such complex cases, and very few recent cases from which to learn.

“We have protocols for everything, epilepsy, tumors, neurogenetic disorders, this is not the case for craniopagus twins because of their rarity,” D’Arco said.

Medical teams must be set in place, and there must be two of everything; two anesthetic teams, two sets of MRI monitoring, etc., the whole hospital staff is involved in what is considered as an operation taking place on two patients simultaneously, D’Arco explained.

While there is a need to standardize procedures, Dr. D’Arco acknowledged that every set of twins is unique.

“As a radiologist, you need to have the flexibility to change your protocol as needed.”

Therefore, he said, it is best to start with a series of questions relating to different critical parts of the body.

One potential issue is the bones. A dual source CT scan can inform radiologists which parts of the skull of each patient is infused, or “missing,” in the other.

Another problem is the relationship between the brains. D’Arco said that small breaches connecting the two brains, identified by 3D sequencing, present a risk that surgery will cause damage.

Considering the possible ethical and medical complications that could come up in cases in which one of the twins is at risk of dying, he said: “Sometimes you need to ask, can we separate without jeopardizing the lives of the children? These cases are complicated, baffling, and confusing.”