WEF meeting in Riyadh vital to build ‘trust’ in global systems, institutions

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Updated 29 April 2024
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WEF meeting in Riyadh vital to build ‘trust’ in global systems, institutions

  • Financial crises need attention, says the WEF’s Mirek Dusek
  • Saudi Arabia has critical role to play in the region and globally

RIYADH: The World Economic Forum’s Special Meeting in Riyadh is a critical gathering needed to help address global wars and financial crises, says the WEF’s managing director.

Speaking to Arab News on Sunday, Mirek Dusek said the issue of rebuilding trust in institutions and systems continues the theme of the recent WEF meeting in Davos.

The erosion of trust has not only been the result of the COVID-19 pandemic or the military conflicts worldwide, but also goes back “all the way to the financial crisis.”

“There is a lot of research now, sociological and economic, looking at what it has done to society, in developing and in developed economies,” he added.

“What is also important is that you’re not rebuilding trust for a system of the past,” he continued. “You need to make sure that as you do those things, it’s really with the view for the future.

“We would term it intelligent economies … we live through this age of all these revolutions.

“So, it’s not only AI revolution, it’s also the biotech revolution, the energy transition revolution etc. and so, obviously, there are huge opportunities, but are we really equipped?”

Dusek explained that while AI comes with risks that can seriously impact societies, it also offers significant opportunities, particularly in terms of productivity.

He pointed out that the Riyadh meeting’s agenda seeks to “shape and build intelligent economies that are inclusive, sustainable and, obviously, dynamic.”

On the role of Riyadh in conflict resolution, Dusek said that as a G20 country with the region’s biggest economy, Saudi Arabia “is very visible on the international scene — on behalf also of the whole region.”

Dusek said “working on peace, security, and stability in this region is in the interest of the international community at large.” He added that the participation in Riyadh of many foreign ministers, including from the G7 Plus nations and Syria, as well as US Secretary of State Antony Blinken, is “symptomatic of the fact that people, again, are paying attention.”

“We are, of course, dealing with the war in Gaza and the terrible humanitarian situation in Gaza, but I think it is a larger issue of how important it is to keep investing diplomatically in issues that may have been underinvested in the previous years,” he added.

He described this as “a big turning point in terms of where the regional security and stability picture will go.”

Dusek said holding the WEF’s Special Meeting in Saudi Arabia was an “important milestone” that fits the global conversation and agenda of Davos.

“If we just look under the hood of what intelligent economies mean, it is not only being able to really deploy some of these cutting-edge technologies in industry and in society, but it’s also figuring out how to have a more inclusive economy (and) labor force.

“It is figuring out the whole triangle of the energy transition — security, sustainability, and access.”

He said that the erosion of trust has deepened inequality within societies and in certain economies, and “intelligent economies” seek to address this growing gap.

“We are seeing the need to not only have outcomes that are medium- to long-term and look at the big picture.”

He added: “So, if you look at intelligent economies, it is the big picture systems view. And we continue to do that because it is important, but, of course, you also need to be able to see what are the solutions for the here and now and for the near term.”

He explained that for this reason, the WEF works closely with labor unions “not only in Davos or other meetings, but also in our ongoing work” to find ways to deliver to the most vulnerable and to fragile communities within each society.

He said a great deal of work is being done with organizations including the World Bank, and that the WEF continues to explore ways to “make sure that you finally figure out, for example, how to bring in more private capital into fragile markets, and crowding private capital for climate finance, for energy finance, etc.”

He added: “I think leaders and overall organizations are fully cognizant of that (of) moving in that direction. Is it enough? Obviously, we are seeing that particularly in terms of the statistics within societies.”

He pointed out that this awareness may have also been “triggered by some of these (global economic) shocks, but (there is) a clear realization that more needs to be done.”


Spanish content creator immerses himself in Saudi lifestyle

Gus Franco became so fond of the Kingdom during his stay that he is now writing a book inspired by his travels. (Supplied)
Updated 12 min 29 sec ago
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Spanish content creator immerses himself in Saudi lifestyle

  • Millions of viewers see another side of Saudi Arabia
  • Aims to build bridges and counter stereotypes

RIYADH: Spaniard Gus Franco moved to Saudi Arabia out of curiosity in early 2024 and soon fell in love with its rich culture, documenting his experiences and sharing his adventures with millions of viewers on social media.

Franco spoke to Arab News about how he had searched for accurate information about the Kingdom before his move, only to find media overshadowed by stereotypes.

To his surprise, he found the reality was “completely different” to the stereotypes, which inspired him to create his own content and change the narrative.

Gus Franco, Spanish content creator

“That’s how ‘Gus in Saudi’ was born: a project to showcase the Kingdom through a relatable lens,” he said.

“The results speak for themselves: almost 100 million views and followers from over 60 nationalities and countless messages from people saying they now want to visit or work here.”

The content creator and business consultant says his inspiration comes from things that catch his attention: traditions and places as well as Saudi and international followers who guide him through the city and his content.   

Saudi Arabia stands out for its unique blend of tradition and modernity, which coexist in fascinating ways.

Gus Franco, Spanish content creator

“Saudi Arabia stands out for its unique blend of tradition and modernity, which coexist in fascinating ways. The pride in preserving traditions, combined with the excitement of Vision 2030, creates a dynamic and evolving atmosphere.

“My Arab followers have been incredibly supportive. They were the first to encourage me and help me refine my content. Even critiques are constructive and teach me about cultural nuances I hadn’t considered.”

Franco has become so fond of the Kingdom, that he is now writing a book inspired by his travels.

“I’ve grown attached to this country and feel that through my work, I can contribute to its image and progress... I still have many projects I want to develop. For instance, I’ve written a 400-page book about the country, which I’m still refining.”

From a small Spanish town to the bustling city of Riyadh, he said he has always had the urge to explore beyond his surroundings, taking over 100 trips globally to more than 150 cities.

“Living in the UK and Belgium shaped my curiosity about regions I knew less about, especially the Middle East.

“Saudi Arabia stood out for its rich traditions and rapid transformations. Thanks to a government program, I arrived nearly a year ago, and it’s been a journey of discovery and growth ever since.”

Franco says life in the Kingdom feels “both familiar and distinct”, noting the city layout, reminiscent of an American style, is car-centric, with social gatherings happening in specific “plazas” or “stirahas”.

He added: “Weekdays follow a structured rhythm of work, gym, and routine, while weekends come alive with vibrant and comforting activities: whether it’s having dinner at 2 a.m., grabbing coffee at 10 p.m., or heading out for a picnic (kashta) in the desert. These experiences add a unique charm to life in Saudi.”

Franco mentioned the rich history between Spain and Saudi Arabia, highlighting Al-Andalus, the Muslim-ruled area of the Iberian Peninsula, and strong family values.  

“Both are peninsulas with cultures shaped by diverse influences. Growing up in southern Spain, I found it easy to relate to the warmth and social connections here...I’ve learned so much about Saudi culture, especially the role of religion and the importance of hospitality.

“Saudis are incredibly humble, generous, and welcoming. Trust and family are central to their lives, much like in Spain.”

In Spain, coffee is almost sacred, he added. “My brother and I can go through two or three coffee pots a day. In Saudi Arabia, coffee holds a similarly significant role, which made me feel at home instantly.”

During his time in the Kingdom, Franco said he learned about Saudi culture and the Arabic language organically through interacting with locals.  

“I’ve never taken formal lessons, but now I can read, write, and have a vocabulary of over 1,000 words, even if my Arabic is still broken. Words like khalas, inshallah, alhamdulillah, and bismillah are part of daily vocabulary. They represent not just the language but also the deeper values I’ve come to appreciate.

“I still laugh when I think about the comments about being ‘heavy-blooded’ (dam thaqil) or ‘light-blooded’ (dam khafif). At first, I didn’t understand, but now I know it means whether you’re funny or not. It’s been a fun way to learn and connect with the humor here. Alhamdulillah!”

He said reactions to his content creation have been mostly positive, but not everyone fully understands the balance he tries to maintain between social media and real life.

“I know that sometimes it has bothered people close to me. It’s something I’ve learned to handle it better. Also, my mother’s opinion matters deeply to me. She’s always supported me and reminded me to stay grounded and take breaks when needed, which has been invaluable as I navigate this journey.

“Anyway, with my return home for holidays, I’m sure they’ll have plenty of questions about Saudi Arabia, Arabic, and my content. It will be fun to see their reactions!”

Although Franco’s time in the Kingdom may come to an end since his contract is ending soon, he is currently evaluating the options on the table.

“If I stay, I want to take my projects to the next level, increasing their impact and contributing even more to the country. If I leave, I’d like to remain connected to Saudi Arabia in some way.

“This country has become a part of me: culturally, professionally and emotionally. Vision 2030 is marked on my calendar, and I hope to be a part of its story.”

Franco said he would like to be remembered as someone who embraced Saudi culture wholeheartedly, built bridges between the Kingdom and the rest of the world, and showcased its warmth and social connections.

“I’d like to think of myself as a part of Saudi’s ongoing journey.”

 


Kuwait’s communication minister receives GCC secretary general

Updated 6 sec ago
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Kuwait’s communication minister receives GCC secretary general

  • Discussions between the officials focused mainly on the upcoming Gulf meetings in Kuwait

KUWAIT CITY: The GCC’s Secretary-General Jasem Albudaiwi was received by Kuwait’s Minister of State for Communication Affairs Omar Saud Al-Omar in Kuwait on Monday.

Discussions between the officials focused mainly on the upcoming Gulf meetings in Kuwait for the ministerial committees on digital government, postal services, and communications, the Saudi Press Agency reported.

They also explored ways to enhance GCC cooperation in these fields, and reviewed the digital transformation efforts of member states to achieve the council’s vision and objectives.

 


KSrelief to host 4th Riyadh International Humanitarian Forum in February 2025

Updated 23 December 2024
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KSrelief to host 4th Riyadh International Humanitarian Forum in February 2025

  • Themed “Navigating the Future of Humanitarian Response,” the forum will coincide with KSrelief’s 10th anniversary

RIYADH: The King Salman Humanitarian Aid and Relief Center will host the fourth Riyadh International Humanitarian Forum on Feb. 24-25 next year, under the patronage of King Salman, the Saudi Press Agency reported on Monday.

Themed “Navigating the Future of Humanitarian Response,” the forum will coincide with KSrelief’s 10th anniversary and is being organized in partnership with UN humanitarian agencies.

It will bring together global leaders, donors, humanitarian workers, and experts to address pressing challenges in humanitarian aid.

The event will also feature high-level panel discussions with renowned researchers and specialists from Saudi Arabia and around the world.

Topics will include the role of humanitarian diplomacy in mitigating conflicts and disasters, strategies for effective delivery of aid and relief supplies, and addressing displacement amid escalating conflicts and natural disasters, SPA added.

KSrelief, Saudi Arabia’s humanitarian arm, continues to play a pivotal role in addressing crises and supporting vulnerable communities worldwide, and the forum underscores its commitment to fostering dialogue and innovation in the humanitarian sector.

The previous edition of the forum in 2023 concluded with recommendations to minimize funding gaps in relief aid and leverage science and innovation for quicker response and improved coordination in humanitarian efforts.


Muslim World League chief meets Pope Francis in Vatican City

Updated 23 December 2024
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Muslim World League chief meets Pope Francis in Vatican City

  • During his visit to Italy, Al-Issa received an honorary fellowship in post-doctoral law studies from the University of Bologna

RIYADH: Dr. Mohammed bin Abdulkarim Al-Issa, secretary-general of the Muslim World League, met Pope Francis, the leader of the Catholic Church, in the Vatican to discuss mutual cooperation and shared interests.

During his visit to Italy, Al-Issa received an honorary fellowship in post-doctoral law studies from the University of Bologna.

The ceremony was attended by the university’s president, the law faculty’s dean, academics, and religious leaders from both Islamic and Catholic communities.

The honor recognized Al-Issa’s efforts in advancing the goals of the UN Charter, promoting peace, reducing cultural tensions, and fostering mutual understanding and collaboration among communities.

The MWL chief emphasized that the reasons for awarding him the post-doctoral fellowship in law from one of the most prestigious Western universities “reflect our Islamic values, which we must clarify to everyone.”

As part of his visit, Al-Issa launched the Islamic Studies and Arabic Language Award at the Catholic University of Milan.

The event was attended by high-level Vatican officials, marking the launch of a groundbreaking initiative to promote the teaching of the Arabic language and Islamic studies in Europe.

Islamic leaders described the award as a long-awaited step on an influential platform within Christian communities. The award includes categories that clarify Islamic concepts and promote the beauty and importance of the Arabic language.


Saudi wildlife center releases 66 endangered animals in King Khalid Royal Reserve

Updated 23 December 2024
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Saudi wildlife center releases 66 endangered animals in King Khalid Royal Reserve

  • 40 rhim gazelles, 10 Arabian oryx, 10 houbara bustards and 6 idmi gazelles released as part of wider initiative to enhance biodiversity and restore ecological balance
  • Solar-powered tracking devices fitted to some of the animals to monitor patterns of movement, behaviors and how they adapt to their environment 

RIYADH: The National Center for Wildlife has released 66 endangered native animals into the King Khalid Royal Reserve in Al-Thumamah region of northeastern Riyadh.

Forty rhim gazelles, 10 Arabian oryx, 10 houbara bustards and six idmi gazelles were released as part of a wider ongoing initiative, in partnership with the Imam Abdulaziz bin Mohammed Royal Reserve Development Authority, that aims to enhance biodiversity, restore ecological balance, promote sustainability, and support eco-tourism in the reserve, the Saudi Press Agency reported.

“This release is a significant step toward maintaining ecological systems and promoting biodiversity,” said Mohammed Qurban, the CEO of the wildlife center.

The stated aim of organization is to become a global leader in wildlife protection, by focusing on breeding endangered species and reintroducing them into natural ecosystems in line with international conservation standards.

Qurban said the center is dedicated to conducting research on endangered species and monitoring biodiversity in protected areas using advanced technologies that track animal populations and collect data that is critical in efforts to address conservation challenges and opportunities.

Talal Al-Harigi, CEO of the development authority, said solar-powered tracking devices have been fitted to some of the released animals. These will enable researchers to monitor them via satellite to gain valuable insights into their patterns of movement, behaviors and how they adapt to their environment.

The initiative also helps to support efforts to restore ecological balance and increase vegetation cover in the reserve, which essential to help species adapt to natural habitats, he added.