Said Al-Shaikh, lead co-chair of the T20 Trade and Investment Working Group
Al-Shaikh obtained a bachelor’s degree in architectural engineering from King Fahd University of Petroleum and Minerals (KFUPM)
Updated 14 July 2020
Arab News
Dr. Said Al-Shaikh is the lead co-chair of the T20 Trade and Investment Working Group (TIWG) and a member of the Saudi Shoura Council.
The TIWG focuses on trade policies that are just and environmentally friendly, as well as goods and services that benefit privileged and underprivileged countries.
“There is no better structure than the World Trade Organization for international trade,” Al-Shaikh told Arab News. “Despite the current challenges, it contributed a lot to the global trade agenda, eliminating barriers and establishing regulations to facilitate trade and investment.”
Al-Shaikh obtained a bachelor’s degree in architectural engineering from King Fahd University of Petroleum and Minerals (KFUPM). He got a master’s degree in public policy and planning from the University of Oregon and later acquired a doctorate in economics from Cornell University.
From 1993 to 1998 he was assistant professor of finance and economy at KFUPM’s College of Industrial Management. He was a principal researcher at the university’s Research Institute and also a part-time consultant for the Federation of the GCC Chambers of Commerce, acting as a representative for the organization at local and international conferences.
Al-Shaikh was chief economist at the National Commercial Bank for 20 years until his retirement in Aug. 2018.
He has been a member of the Shoura Council’s Economics and Energy Committee since 2009 and is also a member of the consultancy commission for the GCC Supreme Council.
Riyadh Season’s Boulevard Runway blends aviation with entertainment
Updated 4 sec ago
Arab News
RIYADH: The Boulevard Runway, one of the key zones of Riyadh Season, offers visitors an innovative blend of aviation and entertainment.
It was inaugurated by Saudi Arabia’s General Entertainment Authority Chairman Turki Alalshikh and Saudia Group’s Director-General Ibrahim Al-Omar.
The zone offers visitors an opportunity to explore three giant Boeing 777 aircraft, the Saudi Press Agency reported on Wednesday.
Guests can walk inside the planes, discover their unique interiors, and enjoy an authentic runway experience that immerses them in the atmosphere of real airports.
Open to the public from 4 p.m. to midnight, the zone includes the “Terminal X” destination, brimming with excitement and adventure. Visitors can enjoy 10 diverse experiences combining aerial adventures and vibrant settings.
The zone is designed to be an ideal entertainment hub, combining interactive activities with fun-filled moments, the SPA reported.
Open to the public from 4 p.m. to midnight, the zone includes the “Terminal X” destination, brimming with excitement and adventure. Visitors can enjoy 10 diverse experiences combining aerial adventures and vibrant settings. (SPA)
In the takeoff area, children and adults can jump and play on safely designed structures, creating unforgettable memories.
Meanwhile, visitors to the control tower can savor the famous Mike Majlak burger, renowned for its distinctive flavor.
In addition, fans of authentic Middle Eastern cuisine can enjoy a unique experience inside the “Uncle Hussein” airplane, where they can sample dishes that embody the essence of the region’s culinary traditions.
For thrill seekers, the “Lost Boeing 777” experience offers a journey of horror and excitement. This is a plane that transforms into a haunted setting after crashing in the Bermuda Triangle, complete with moving ghosts, live music, terrifying effects, and rocking chairs.
The “Sky War” experience enables teams to undertake a mission to rescue a hijacked plane and save the hostages before time runs out.
Riyadh Season continues to captivate visitors with its eclectic lineup, including international concerts, boxing and wrestling matches, unique dining experiences, expansive gardens, and innovative entertainment offerings.
According to the latest statistics announced by Alalshikh earlier this month, Riyadh Season has attracted 10 million visitors so far.
Saudi authorities warn of rain, thunderstorms until Saturday
Makkah region to experience moderate rain that may lead to flash floods
Updated 12 min 38 sec ago
Rashid Hassan
Riyadh: Saudi Arabia’s National Center for Meteorology and the General Directorate of Civil Defense on Wednesday warned of light to moderate rain and thunderstorms in the Kingdom until Saturday as most parts of the country experience a chilly winter.
The authorities urged people to avoid valleys and low-lying water-logged areas susceptible to flooding and to follow instructions issued through official portals and social media platforms.
The meteorology center, forecasting rainfall from Thursday to Saturday, said: “Some areas in the Kingdom are expected to receive light to moderate rainfall. We urge everyone to follow the warnings issued about the expected situation via the center’s website, social media, and the Anwa app.”
According to the center, areas to experience rainfall include Makkah, Baha, Madinah, Tabuk, Jouf, Hail, the Northern Borders and the Eastern Province.
The Civil Defense urged people to exercise caution due to rain and thunderstorms expected to continue in the Kingdom until Saturday.
“People are advised to avoid valleys prone to torrents, including swimming there, and comply with the instructions issued in the media,” it said.
It added that the light to moderate showers in the Makkah region may lead to flash floods, hailstorms, and dust-stirring winds.
The directorate also warned that light rain and dust-stirring winds will fall in the Riyadh region.
The chilly winter in the northern region continued unabated with Qurayyat recording -1 degree Celsius, Turaif 0 degrees, Rafha 1 degree, Arar 2 degrees, Sakaka and Hail 3 degrees, and Tabuk 5 degrees.
Saudi Reef forum sets record to support sustainability
Al-Ahsa hosts largest-ever agricultural forum, spotlighting Kingdom’s national initiative
Updated 16 min 48 sec ago
Jasmine Bager
Al-Ahsa: The first International Forum for Saudi Reef, hosted in Al-Ahsa, was awarded a Guinness World Records certificate for the highest number of attendees in a single day at an agricultural forum globally.
Maha Al-Dhahi, head of the forum’s executive committee, and a keynote speaker at the event, told Arab News: “The Reef Program is a national initiative designed to support small farmers by providing funding, training and capacity-building programs that help them increase their income and improve productivity.
“The program (has run) for seven years with a budget of SR8.5 billion ($2.2 billion), promoting reliance on local production, thereby enhancing the national economy and fostering agricultural sustainability in the Kingdom.”
The forum involved more than 71 entities and presented various inspiring stories. It highlighted environmental awareness, food security and the role of entrepreneurship in fostering economic and social sustainability.
A session during the first International Forum for Saudi Reef
“The forum serves as an initial step toward enhancing agricultural sustainability by adopting effective practices that support small-scale producers and provide integrated services across all production phases,” Al-Dhahi said. “It contributes to realizing Saudi Vision 2030 by boosting local production, achieving food security and promoting environmental sustainability.”
An opening panel session on “The Rural Community and Its Role in Achieving the Sustainable Development Goals and Saudi Vision 2030” was led by Al-Ahsa Gov. Prince Saud bin Talal bin Badr, and Minister of Environment, Water and Agriculture Abdulrahman Al-Fadhli.
The event also witnessed the signing of six MoUs between Saudi Reef and several governmental and private entities, including agreements with the Saudi Food and Drug Authority, the Culinary Arts Authority, the King Khalid Foundation, and the Technical and Vocational Training Corporation.
In his opening remarks, Prince Saud highlighted the importance of rural development, highlighting that 60 percent of Saudi Arabia’s population is aged under 30 and that women comprise 43 percent of the agricultural workforce.
The three-day forum featured speeches from prominent figures such as Princess Mashael bint Saud Al-Shalan and officials from the Ministry of Environment, Water and Agriculture.
Discussions centered on empowering rural communities, building human capacities and the role of rural families in agricultural growth. The forum also showcased initiatives like the Saudi Reef Academy.
Princess Mashael bint Saud Al-Shalan speaks at the first International Forum for Saudi Reef
Workshops and sessions covered key themes, including rural innovation, sustainable agriculture, food security, tourism and culture. Attendees took part in practical activities, such as visits to local farms and engaged in cultural and professional discussions.
The forum also highlighted sustainable investments, rural entrepreneurship, and the integration of rural communities into tourism and culture to support economic diversification and achieve Saudi Vision 2030.
A three-day exhibition complemented the forum, featuring agricultural innovations, entrepreneurial success stories and participation from international organizations such as the UN Food and Agriculture Organization.
Maha Aldhahi, head of the forum’s executive committee
Sponsored by Dan Co., a Public Investment Fund entity specializing in rural and agritourism, the forum showcased Saudi Arabia’s agricultural diversity and promoted sustainable tourism, aiming to balance urban and rural progress while aligning with the UN Sustainable Development Goals.
Local farmers and craftsmen also showcased their goods in a space adjacent to the stage area.
Mohammed Al-Ghazal, CEO of Noor Energies Group, told Arab News: “Personally, I have benefited immensely by listening to the perspectives of global leaders and innovators at the First International Forum for Saudi Reef,” he said. “From interactive events to cultural experiences, such as site visits, there’s something for everyone to enjoy and stay green!”
RIYADH: The King Salman bin Abdulaziz Royal Reserve Development Authority, in collaboration with the Saudi Falcons Club, has conducted a preliminary field survey to study and revitalize habitats for these birds within the reserve’s boundaries.
The authority emphasized that the project aims to restore these areas due to their vital role in preserving environmental and cultural diversity, the Saudi Press Agency reported on Wednesday.
It also seeks to enhance the training and efficiency of field teams, equipping them to manage similar future initiatives while bolstering the international standards and recognition achieved by the reserve.
During the initial phase of the project, both active and inactive habitats of the Shaheen falcon were identified, with some designated for immediate action.
The authority underscored the importance of such projects, highlighting their role in preserving environmental balance, as well as protecting local culture and heritage.
How a new Saudi initiative aims to spur collaboration in space sector
World Economic Forum’s Nikolai Khlystov says launch of Center for Space Futures, in Riyadh’s C4IR, comes at an interesting time
The center wants industry actors to design policies that optimize the benefits of space economy and address emerging space risks
Updated 18 December 2024
Waad Hussain
RIYADH: Saudi Arabia is positioning itself as a global leader in the space industry by unveiling initiatives that emphasize innovation, sustainability and international collaboration.
At the heart of this strategy is the launch of the Center for the Fourth Industrial Revolution (C4IR) in Riyadh and its Center for Space Futures, hosted by the Saudi Space Agency.
This transformative initiative comes at a pivotal moment for the space sector, as the industry faces increasing demand for fresh approaches.
The C4IR reflects the Kingdom’s commitment to pioneering solutions that will drive growth and innovation in the global space economy. It is also a key pillar of Vision 2030 — Saudi Arabia’s roadmap to economic diversification and technological advancement.
Speaking to Arab News, Nikolai Khlystov, lead for space technology at the World Economic Forum, described the initiative as timely. “The space industry is transforming very rapidly right now,” he told Arab News. “There is a need for new and innovative approaches.
By building strong partnerships, Saudi Arabia is creating the foundation for a thriving space industry that benefits both regional and global stakeholders. (AFP)
“The Center for Space Futures is being created at a really interesting time. It will provide a new way to bring together different actors and introduce fresh perspectives and discussions just at the time when lots of new ideas and visions are being created.”
The center will act as a platform for collaboration between stakeholders across government, private industry, and international organizations. By fostering these connections, the center is expected to accelerate the development of innovative solutions for space challenges.
One of the primary missions of the C4IR is addressing the challenge of sustainability in space. Orbital debris and increasing satellite traffic present significant risks to the safety and future of space missions.
“This is specifically getting at the issue of traffic — the increase in traffic of satellites that we have, and the resulting increased risk of collisions,” said Khlystov.
“We have more and more active satellites giving us all this valuable data, but we also have many older debris fragments, both small and large, still floating up there.”
“The Center for Space Futures is being created at a really interesting time,” said Nikolai Khlystov. (Supplied)
To address these issues, Khlystov said the C4IR is collaborating with WEF on its first major project. “We are working actively to see where we can find common ground and make small advances when it comes to the challenge of orbital debris and sustainability in orbit.
“By bringing together different actors and putting forward innovative ideas — whether it’s best practices or financial mechanisms — we hope to address these challenges.”
Neglecting sustainability could endanger scientific missions and the broader space economy.
By focusing on innovative solutions like satellite recycling, deorbiting technologies, and traffic management, Saudi Arabia is taking a proactive approach to ensure the long-term sustainability of space activities.
Saudi Arabia’s investments in the space industry are aligned with its goal of becoming a major contributor to the global space economy. With a combination of strategic global partnerships and a strong domestic industrial base, Saudi Arabia is uniquely positioned to drive innovation.
FASTFACTS
• Public-private collaboration is central to Saudi Arabia’s strategy for leading global efforts in space sustainability and innovation.
• Space data applications, such as Earth observation and navigation, benefit Saudi industries like energy, minerals, and disaster management.
• Emerging space technologies, including asteroid mining and microgravity manufacturing, represent future opportunities for Saudi Arabia’s space ambitions.
“The Kingdom is really well positioned on the global arena, and it has also notable and innovative domestic industrial players,” said Khlystov.
“In terms of creating new economic models, particularly when it comes to space, it will be important to engage lots of industry on the ground.”
The economic impact of space activities is largely felt on Earth through the application of space data. “The biggest chunk of the impact of space activities is actually on the ground,” said Khlystov.
One of the primary missions of the C4IR is addressing the challenge of sustainability in space. (Supplied)
“It’s through space data — diverse satellite-generated data — which significantly impacts various industries.”
These applications, which include Earth observation, navigation, and connectivity, are already proving invaluable in sectors such as energy, minerals, and disaster management.
Saudi Arabia’s focus on leveraging space data aligns with its broader goals of improving efficiency and resilience in its domestic industries.
Public-private collaboration is deemed critical to the success of the space sector, particularly in addressing challenges like orbital debris and sustainability. Saudi Arabia’s global positioning makes it uniquely suited to lead such efforts.
“Public-private collaboration is key in this sector because it is a global sector by nature,” said Khlystov. “The Kingdom can lead on some of these key questions when it comes to space sector evolution, opportunities, and also challenges, particularly the challenge of space sustainability.”
The C4IR is designed to foster these collaborations by bringing together government agencies, private companies, and international organizations.
The C4IR reflects the Kingdom’s commitment to pioneering solutions that will drive growth and innovation in the global space economy. (Supplied)
By building strong partnerships, Saudi Arabia is creating the foundation for a thriving space industry that benefits both regional and global stakeholders.
The global space industry is teeming with emerging technologies that promise to revolutionize the sector. While some, like asteroid mining and microgravity manufacturing, are still in their infancy, they represent exciting opportunities for the future.
“There are lots of exciting technologies being developed right now,” said Khlystov.
“There is, of course, the future applications where we’re going to be able to deorbit satellites and address this issue of space debris. Maybe refuel them, recycle them. Perhaps in the future, we’re also going to be able to manufacture different materials in orbit.”
Building a thriving space industry requires the right infrastructure and ecosystem. Saudi Arabia is already taking significant steps in this direction.
Saudi Arabia’s investments in the space industry are aligned with its goal of becoming a major contributor to the global space economy. (AFP)
“The Kingdom already has many building blocks in place, including significant land resources, laboratory spaces for research and development, and an emerging entrepreneurial ecosystem,” said Khlystov.
“Establishing strong local champions, like the Neo Space Group, is crucial for driving innovation and growth.”
Saudi Arabia’s efforts to foster a healthy startup ecosystem and invest in infrastructure, such as dedicated laboratories, are laying the foundation for a sustainable and innovative space sector.
Saudi Arabia’s hosting of international events, such as the “Connecting the World from the Skies” global forum, is another key aspect of its space strategy. These events provide a platform for dialogue and collaboration.
This transformative initiative comes at a pivotal moment for the space sector, as the industry faces increasing demand for fresh approaches. (Supplied)
“These events are absolutely essential because they bring together different actors from around the world,” said Khlystov. “When you host these conferences in places like the Kingdom of Saudi Arabia, it brings key actors together and facilitates dialogue.
“It also helps build new relationships while addressing important global discussions.”
By hosting such events, Saudi Arabia is fostering international partnerships that will advance the global space agenda.
With the launch of the C4IR and its focus on sustainability, innovation, and collaboration, Saudi Arabia is shaping the future of the global space industry.
“Congratulations to the Kingdom,” said Khlystov. “It’s going to be really exciting to see how these activities evolve, and we’re very much looking forward to the outcomes.”
