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أدوات الموضوع | التقييم: | انواع عرض الموضوع |
#1521
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رد: Saudi Arabia Economical and other News
JEDDAH: Adverse weather conditions are forecasted for the regions of Najran and Al-Baha on Saturday.
Thunder and dust storms are expected to affect the Najran region between 1p.m. and 8p.m. Moderate to heavy thunder and dust storms are also forecasted in Al-Baha region between 12p.m. and 11p.m. The General Authority of Meteorology and Environmental Protection warned the public to take necessary precautions during these times. Jeddah’s King Abdulaziz International Airport advised passengers to contact the airlines they are due to travel with for updates as a result of the adverse weather conditions in various areas of Saudi Arabia. Source: Arab news
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#1522
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رد: Saudi Arabia Economical and other News
SEOUL: A high-ranking Emirati official on Friday met with a top secretary of South Korean President Moon Jae-in to discuss ways to enhance bilateral relations.
Khaldoon Khalifa Al-Mubarak, chairman of the Executive Affairs Authority of Abu Dhabi, had a two-hour luncheon with Im Jong-seok, presidential chief of staff, at a hotel in Seoul. A key agenda item was a return visit by UAE Crown Prince Mohammed bin Zayed Al-Nahyan to Seoul in the first quarter of 2019, said South Korean presidential spokesman Kim Eui-kyeom. The two sides also reviewed implementation of agreements reached by Moon and the crown prince during the former’s visit to the UAE last March, Kim added. “Im and Al-Mubarak shared the view that collaboration in the military and defense sectors has been reinforced further,” Kim said. “In addition, the two governments will cooperate to share information and knowhow when either of them enters a third market.” Source: Arab news
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#1523
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رد: Saudi Arabia Economical and other News
Al Olama visits SAP cloud data centre DUBAI, 27th March, 2019 (WAM) -- Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, recently visited the SAP public cloud data centre in the UAE which enables intelligent enterprises that can drive innovation, new levels of economic growth and competitiveness, and technology sector job creation. Al Olama said, "Future technologies like Blockchain and AI can enhance government services, reduce traffic, and predict energy needs to transform the economy, society, and environment." Government-led strategies for Artificial Intelligence and Blockchain are integrating smart, digital systems across the UAE. As a result, the UAE government expects to save time, effort, and resources, and also to enhance government performance, optimise costs, and increase productivity and economic growth. Regional organisations are heavily investing in emerging technologies to become Intelligent Enterprises. Among the digital leaders in the in the Middle East and North Africa, SAP and Oxford Economics research shows that currently over 75 percent are investing in cloud, and 70 percent in artificial intelligence. Showing the potential economic impact, AI could contribute US$96 billion to UAE GDP by 2030, according to PwC. "Having the Minister of State for Artificial Intelligence visit our cloud data centre is a testament to the UAE’s government-led innovation agenda," said Gergi Abboud, Senior Vice President and General Manager, SAP Middle East South.
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#1524
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رد: Saudi Arabia Economical and other News
S&P upgrades Saudi Arabia outlook from stable to positive RIYADH — The most recent updated Standard & Poors credit rating has upgraded its outlook for the Kingdom of Saudi Arabian economy from stable to positive "A- / A-2". At the same time, it confirmed its short and long term sovereign credit assessment at "A- / A-2". Such positive expectations reflect the improvement of the gross domestic product of the country and its medium term general budget related to its recovery from coronavirus pandemic. This is in addition to developments at the oil industry sector and continuation of government reforms program. — SPA
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#1525
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رد: Saudi Arabia Economical and other News
The source of previous news from Saudi Gazette for today (March 27, 2022)
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#1526
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رد: Saudi Arabia Economical and other News
Saudi Foreign Minister discusses Iran nuclear deal with US envoy
DOHA — Saudi Foreign Minister Prince Faisal bin Farhan discussed ongoing negotiations to restore the 2015 nuclear deal between Tehran and world powers with US Special Envoy for Iran Rob Malley on Saturday. During the meeting that was held on the sidelines of the Doha Forum, Prince Faisal and Malley discussed bilateral cooperation regarding Iran’s nuclear program as well as intensifying joint efforts to confront “Iran’s violations to international agreements.” Prince Faisal and Malley also stressed the importance of strengthening joint work to stop Iran’s support to terrorist militias which threaten the security and stability of the Middle East and the world. Earlier on Saturday, Prince Faisal discussed relations between Saudi Arabia and France during a phone call with French Foreign Minister Jean-Yves Le Drian. They discussed means to enhance bilateral coordination in various regional and international affairs, primarily in strengthening security and stability in the Middle East. — SG Source: Saudi Gazette March 27, 2022
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#1527
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رد: Saudi Arabia Economical and other News
RIYADH — King Abdullah Financial District (KAFD) in Riyadh is preparing to be officially launched in the upcoming period. According to Al-Arabiya, the construction and equipment works at the KAFD are nearing completion and have reached their final stages. The King Abdullah Financial District will be transformed into a special economic zone through which it will enhance Saudi Arabia's attractiveness as a global destination for foreign investment, especially because the KAFD will become the headquarters of many international companies. It is noteworthy that the KAFD, which is located in the heart of Riyadh, with an area of more than 3 million square meters, is one of the Public Investment Fund (PIF) companies, and was designed by 22 of the most efficient architects in the world. KAFD enjoys having spaces dedicated to shopping, entertainment and hospitality, in addition it is distinguished by containing a mixture of residential units and office towers. The KAFD is considered the largest real estate development project in the world due to receiving the platinum certification from the Leadership in Energy and Environmental Design (LEED) program. Source: Saudi Gazette March 27, 2022
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#1528
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رد: Saudi Arabia Economical and other News
Al-Fadhli to attend first workshops to study planting 10 billion trees as part of Saudi Green Initiative RIYADH — The Minister of Environment, Water and Agriculture (MEWA), Chairman of the Board of Directors of the National Center for the Development of Vegetation Cover and Combating Desertification Eng. Abdulrahman Bin Abdulmohsen Al-Fadhli will patronize Sunday the launch of the first workshop of the Saudi Green Initiative studies project and the afforestation implementation plan. The project aims to study the reality and future of afforestation in the Kingdom to achieve the target set by Crown Prince Muhammad Bin Salman, deputy prime minister, and minister of defense, to plant 10 billion trees in the Kingdom, equivalent of rehabilitating 40 million hectares, in the coming decades to reach a prosperous and sustainable vegetation cover. This workshop is the first among several workshops that will be held during the project’s implementation phases, and aims to collect information, exchange expertise, coordinate efforts, and activate partnerships between the various parties concerned with the project, and will be designated for public and private sectors, not-for-profit sectors as well as the financial, academic and research sectors. The National Center for the Development of Vegetation Cover and Combating Desertification, through holding these workshops in cooperation with local partners and international expertise houses, aims to assess the reality of afforestation in the Kingdom, determine its future needs, as well as develop mechanisms for implementing field surveys. It would also help set rules for developing digital maps, and establish a geospatial electronic platform for afforestation in the Kingdom's environments and regions to reach a comprehensive strategic plan for afforestation, and to develop an executive plan to manage partnerships with various sectors and entities. The center is also working on implementing a large number of projects in different environments in the Kingdom for the development of vegetation cover, through planting trees, spreading seeds, protecting and controlling vegetation sites, rehabilitating degraded ones, detecting encroachments, and combating logging. This is in addition to overseeing the management of rangelands and the development of degraded ones, the governance of grazing, and the protection and investment of forests and national parks, to promote sustainable (environmental and economic) development. The MEWA and the government, private and non-profit sectors had confirmed earlier the start of the first phase of the afforestation initiatives launched by the Crown Prince at the Saudi Green Summit, by planting more than 450 million trees and rehabilitating eight million hectares of degraded lands and increasing the percentage of preserved lands in the Kingdom in the coming years to 30% of its total area, and plans to transform Riyadh into one of the most environmentally sustainable cities in the world. The Saudi Green and the Middle East Green initiatives aim to plant 50 billion trees in the region and reduce carbon emissions by more than 10% of global contributions. These two initiatives come as part of the Kingdom's endeavor to strengthen its partnership regionally and internationally, in addressing and overcoming environmental challenges to protect the planet, and in support of efforts to combat climate change, to preserve the environment, and the public health in the region and worldwide. —SPA Source: Saudi Gazette March 27, 2022
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#1529
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رد: Saudi Arabia Economical and other News
Saudi merchandise exports record 49.6% jump in January RIYADH — Saudi Arabia recorded a 49.6% increase in merchandise exports in January compared to the same period last year, the General Authority for Statistics (GaStat) revealed. GaStat clarified that the value of merchandise exports amounted to about SR107.6 billion, compared to SR71.7 billion during the same period last year. The increase in the merchandise exports came as a result of an increase in petroleum exports by SR30.5 billion, or 57.5%, GaStat confirmed. Petroleum exports represented 77.6% of the total exports last January, compared to January 2021, when it reached 73.7% at the time. While the GaStat’s data showed an increase in non-oil exports in January by 27.5%, with a value of SR24.1 billion, compared to SR18.9 billion during the same period in 2021. The ratio of non-oil exports to imports recorded an increase of 46.5%, compared to 39.4% in January 2021, GaStat said, noting that this increase came as a result of the increase in non-oil exports by 27.5%, compared to the increase in imports by 8.1%. China has topped the list of countries receiving Saudi goods, with a value of SR17.3 billion, India came next with SR11.9 billion, followed by South Korea with SR11.1 billion. Then came, respectively, Japan, the UAE, America, Taiwan, Singapore, Egypt and Bahrain. Source: Saudi Gazette March 27, 2022
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#1530
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رد: Saudi Arabia Economical and other News
KPMG: Building sporting culture to attract domestic, international tourists to Saudi Arabia RIYADH — As Jeddah gears up for its second Formula One event the coming weekend, following the first ever top-tier race in December 2021, a new chapter of sports tourism has been started. At present, the sports sector contributes around 0.2% of the Kingdom’s GDP, while the tourism sector contributes about 3%, according to the Ministry of Sport and the Ministry of Tourism. The two ministries have ambitious targets for growth: sports should contribute 0.6% of GDP and tourism 10% by 2030. One of the major areas for growth sits at the crossroads of the two:sports tourism. The latest publication by KPMG, “Competitive edge: The unfolding potential for sports tourism in Saudi Arabia”, presents a model of four different categories of sports tourism, with a global case study supporting each type. Across these categories, the model emphasizes coordination between organizers, mainly the private sector, public sector enablers and national tourism promoters as it is critical to attracting foreign tourists for both sport events and participation. The first “destination-dependent sports tourism” category notes that the Kingdom’s vast natural infrastructure as a major pull factor for sports tourism. That would include activities likediving and other watersports along the Red Sea coast, mountain climbing, as well as desert activities such as rally racing, running, cycling, motor and quad biking. The second model, “alternative location sports tourism,” refers to the sport that tourists often play close to home when they are not on vacation. The sport – or entire vacation – is enhanced by the destination. A key example here is golf, already one of the most prolific tourism sports around the world. The landscape and coastline of Saudi Arabia provide an outstanding and spectacular environment for the sports, and as Dubai has shown, it can truly be a game changer. The third, “participation-driven sports tourism,” is the least explored aspect of sports tourism, but has real potential as the country continues to open up for tourists. As the Kingdom opens up for visitors, mass participation in sports tourism is expected to grow, such as desert running and cycling races. However, the potential exists for other events, such as golf tourism development. Lastly, the “spectator sports tourism” category offers excellent potential, referring to multi-sports games such as Olympics, Asian Games, Asia Cup, World Cup, Formula One, etc. This is an area where the last years have already seen a large increase in activities and events, showcasing the capabilities and ambitions of hosting large-scale regional and global events. “These events are targeted at this time in repositioning the Saudi brand as a sports destination and thereby influencing the tourism demand in other elements of this model,” said Hanan Alowain, Partner, Government and Public Sector at KPMG in Saudi Arabia. Nonetheless, major events nearly always require significant infrastructure development. Events promoted by the public sector can significantly impact the potential of other elements of sports tourism. “The Kingdom’s reputation as a safe, welcoming tourist destination and its familiarity among religious tourists may draw them back to the Kingdom for non-religious tourism purposes or may encourage them to stay longer and diversify the purpose of their visit,” Alowain concluded. Source: Saudi Gazette March 27, 2022
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