As Xi arrives in Riyadh, Pakistani experts hope for more investment in CPEC project

A handout picture provided by the Saudi Press Agency (SPA) on December 7, 2022 shows Chinese President Xi Jinping wave as he arrives in Saudi capital Riyadh on a three-day official visit. (SPA)
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Updated 08 December 2022
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As Xi arrives in Riyadh, Pakistani experts hope for more investment in CPEC project

  • In 2018, Pakistan’s then ruling party announced Riyadh’s willingness to be part of CPEC as “strategic partner”
  • Experts say CPEC could be a “great convergence point” between Pakistan, China and Saudi Arabia

ISLAMABAD: Former ambassadors to Beijing and international experts said on Wednesday Chinese President Xi Jinping’s visit to Saudi Arabia this week was likely to bring in more investment into the China-Pakistan Economic Corridor (CPEC) project.

Xi arrived in Riyadh on Wednesday for a three-day visit that China has hailed as its largest ever diplomatic foray into the Arab world. The visit comes at a time when Riyadh is seeking to expand global alliances beyond its longstanding partnership with the West.

During the visit, Xi is scheduled to meet Crown Prince Mohammed bin Salman and other heads of states from Gulf Arab states. Saudi Arabia and China are expected to sign over 20 agreements worth more than $29.3 billion and will discuss a plan to harmonize the implementation of Saudi’s Vision 2030 and China’s Belt and Road Initiative (BRI), Xi’s signature infrastructure investment initiative that includes CPEC.

Under the CPEC project, China has pledged over $60 billion in energy, infrastructure, agriculture, IT and various other schemes in Pakistan. At the heart of the project is a Chinese-funded deep-water port in Pakistan’s southwestern town of Gwadar in Balochistan province.

The CPEC project, Pakistani experts hope, would figure in Xi’s meetings with the Saudi crown prince. In 2018, after then Prime Minister Imran Khan’s visit to Riyadh and meetings with the crown prince, the premier’s ruling party had announced Riyadh’s willingness to be a part of CPEC as a “third strategic partner.”

“Saudi Arabia is interested in becoming part of CPEC by investing heavily in it and is also interested in BRI,” Pakistan’s former ambassador to China, Naghmana Hashmi, told Arab News.

“This visit will improve things in this regard as China is the main initiator of both mega projects.”

“The growing friendship between China and Saudi Arabia will benefit Pakistan as the country has very good relations with both, and both are pillars of strength for us,” Hashmi added.

International relations expert Zafar Jaspal told Arab News the visit would have a “constructive and positive impact” on CPEC.

“[The visit] will open the way for Saudi investment in Gwadar and other parts of the [CPEC] project, especially in the petro industry as the kingdom’s leadership has expressed in the past,” Jaspal said.

International affairs expert Dr. Huma Baqai said an improved relationship between China and Saudi Arabia would help Pakistan “sustain Western pressure.”

“If inroads are made by China into Saudi Arabia, this will help Pakistan in every aspect as the country is squeezed by Western powers and their institutions and this squeeze will ease if there is a better relationship between two friends of Pakistan,” she told Arab News.

CPEC, Baqai said, could be a “great convergence point” between the three countries and “give the requisite push and momentum to intended Saudi investment in the flagship project of the BRI.”

Former ambassador Javed Hafeez, experienced in Middle East affairs, said Saudi Arabia was diversifying its international relations and trying to improve relations with all powers, including China, Russia, the US and other Western countries.

“This policy is exactly the same as Pakistan is following,” he said, “so it is good for us as well and the prospects of expansion of CPEC will also increase.”


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 5 min 26 sec ago
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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.