Young Saudis urged to seize opportunities to shape economic future

Updated 23 March 2018
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Young Saudis urged to seize opportunities to shape economic future

WASHINGTON: Saudi students who have forged reputations as innovators are urging fellow young Saudis to seize a once-in-a-generation opportunity to reshape their futures.
At a packed conference room at Washington DC’s most iconic hotel, the Willard InterContinental, just across from the White House, a series of speakers took to the stage on Wednesday to call on the Saudi-majority audience to take up the challenge of reform.
“Never be afraid to do something or to be the first to do it,” said Razan Alageel, who last year won the outstanding youth delegate award at a UN youth project.
Alageel, who is studying political science at Appalachian State University in the US, said Saudis must not be intimidated by the scale of the tasks ahead as they face up to domestic and international challenges.
“You will always have a mountain to climb and another cliff to jump off. Believe in your instincts. You are powerful beyond measure, so use it,” she said.
She made her comments at a Misk Talk event in Washington DC, organized by the Prince Mohammed bin Salman bin Abdulaziz Philanthropic Foundation.
Misk, as the foundation is known for short, was set up in 2011 by the crown prince to promote innovation and education opportunities for young Saudis, and to encourage media that “knows no boundaries.”
More than half of the Kingdom’s 27 million nationals are below age 30, a demographic situation that poses a serious economic challenge, and many get their news from social media outlets rather than relying on traditional sources.
Saudi Arabia has historically been able to employ young people in government agencies, paid for by the country’s massive oil wealth. But the crown prince has embarked on a bold economic reform agenda that, if successful, will radically shake up government subsidies in the state.
The Misk foundation is part of that effort. At Wednesday’s presentation, the message to young Saudis was that they, not oil, are the country’s most valuable resource.
Mohammed Bakhsh, an undergraduate at George Washington University, used his presentation to encourage young Saudis to take risks and not fear failure, both central elements of the entrepreneurship the crown prince has called for.
“Failure is one of the best teachers, failure is the essence of success,” he said, a mantra more typically associated with Silicon Valley than old-style Saudi economic policy.
Much was also said about the reforms that have taken place in Saudi, including allowing women to drive.
“Remember, less than five years ago we couldn’t have discussions about women’s rights in this formal capacity, that was impossible and unheard of,” said Jehan Al-Mahmoud, a PhD student in socio-lingustics at Georgetown University.
“It has been a journey for all of us. The Saudi youth, we are all witnessing this incredible transformation in our country and we are getting there.
“As the Saudi nation, we got lucky with the oil at first but we continue to get lucky with knowledgeable, ambitious leadership that cultivates the most valuable resource that we have — us,” she said.


Heba Ismail brings Saudi representation to NFT ecosystem

Saudi artist Heba Ismail showcased her work at the Outer Edge Innovation Summit in Riyadh recently. (Supplied)
Updated 27 April 2024
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Heba Ismail brings Saudi representation to NFT ecosystem

  • Heba Ismail is highlighting ways for artists to flourish in the digital world

JEDDAH: Saudi artist Heba Ismail showcased her work at the Outer Edge Innovation Summit in Riyadh this week.

Commenting on her experience at the summit as one of the first Saudi artists to venture into the Web3 art scene, she said: “Having my paintings displayed on the event screens is a tremendous honor, offering global visibility and inspiring more Saudi and Arab artists to explore the diverse options available for sharing their art with the world.

Saudi artist Heba Ismail showcased her work at the Outer Edge Innovation Summit in Riyadh recently. (Supplied)

“Through my participation with Nuqtah, the first Saudi NFT platform, I am eager to present my art on a global stage and connect with audiences in innovative ways,” she continued.

Non-fungible tokens — or NFTs — are, in this scenario, digital tokens that can be redeemed for a digital art work. Ismail is exploring their potential in the Saudi art scene.

HIGHLIGHTS

• With a professional background in dentistry, Heba Ismail found parallels between that meticulous work and her own creative process.

• Partnering with ChainVisory, a blockchain consultancy company, Ismail launched the Hebaism brand.

• It combines NFTs and original paintings, providing collectors with both digital and physical assets.

For Ismail, art has always been more than just a hobby — it’s been a lifelong calling. With a professional background in dentistry, Ismail found parallels between that meticulous work and her own creative process.

Saudi artist Heba Ismail showcased her work at the Outer Edge Innovation Summit in Riyadh recently. (Supplied)

Inspired by movements including cubism, fauvism, and surrealism, Ismail’s art is a fusion of diverse influences and personal narratives “Each face represents a feeling and a vision documented on a painting. I paint poetry, and often times each piece is accompanied by a poem,” she said. “As a Saudi female, most of my paintings represent myself and my Saudi culture, which I am proud of. The characters are coded feelings, faces that tell a story — either joy, sadness, or acrimony.”

Heba Ismail, Saudi artist

Her introduction to NFTs came in 2021, sparking a fascination with the technology and its potential. Partnering with ChainVisory, a blockchain consultancy company, Ismail launched her Hebaism brand, which combines NFTs and original paintings, providing collectors with both digital and physical assets.

As a female Saudi artist, I want to leave a mark and impact on every art platform, putting Saudi art on the map worldwide.

Heba Ismail, Saudi artist

“I wanted to keep the authentic classical painting process, yet the NFT world gave me a chance to meet and discover different ways to share my art and build a name and a brand,” she said. “It’s been an enlightening journey, uncovering the futuristic art process and connecting with a vibrant community through Web3.”

Ismail hopes to inspire other artists in the region to explore new avenues for artistic expression.

“As a female Saudi artist, I want to leave a mark and impact on every art platform, putting Saudi art on the map worldwide,” she said.

 


Who’s Who: Ahmed bin Ali Al-Suwailem, CEO of the National Center for Non-Profit Sector

Ahmed Al-Suwailem
Updated 27 April 2024
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Who’s Who: Ahmed bin Ali Al-Suwailem, CEO of the National Center for Non-Profit Sector

Ahmed Al-Suwailem has been CEO of the National Center for Non-Profit Sector since 2022. He has over 20 years of experience in the public and private sectors, specializing in economics, trade, finance, and banking.

Al-Suwailem is responsible for developing the Kingdom’s non-profit sector, expanding its impact on social and economic development, and integrating government efforts in licensing, financial supervision, and coordination.

Prior to his current position, Al-Suwailem, at various times, served as CEO of the National Anti-Commercial Concealment Program at the Saudi Ministry of Commerce; as adviser to the Saudi Minister of Commerce; and as secretary general of the Riyadh Chamber.  

He has also been head of management information systems in financial planning and control at Saudi Investment Bank, and executive vice president of financial control at Gulf International Bank.

Al-Suwailem currently also serves as managing director and board member at the Riyadh International Exhibition Center and is a board member of the General Authority for Awqaf and the Associations Support Fund, a trustee of the Riyadh Economic Forum, and a member of the executive committee for remuneration and compensation at the Riyadh Chamber.

Al-Suwailem holds a master’s degree in finance from George Washington University in the US and a bachelor’s degree in accounting from King Saud University in Saudi Arabia.

He is a certified management accountant and public accountant and holds a certificate in international financial reporting standards and accreditation in exhibition and conference management from the International Association of Exhibitions and Events.

 


Saudi FM Prince Faisal hosts Arab ministerial meeting on Gaza situation in Riyadh

Updated 27 April 2024
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Saudi FM Prince Faisal hosts Arab ministerial meeting on Gaza situation in Riyadh

RIYADH: Saudi foreign minister Prince Faisal bin Farhan hosted a ministerial meeting on Saturday in Riyadh with representatives from six other Arab states to discuss the situation in Gaza, Saudi Press Agency reported. 

The meeting was attended by Ayman Al-Safadi of Jordan, Egypt’s Sameh Shoukry, Secretary of the Executive Committee of the Palestine Liberation Organization Hussein Al-Sheikh, diplomatic adviser to the UAE president Anwar bin Mohammed Gargash, and Minister of State at the Qatari Ministry of Foreign Affairs, Mohammed bin Abdulaziz Al-Khulaifi.

They discussed the need to end the war on the Gaza Strip, reach an immediate and complete ceasefire, ensure the protection of civilians in accordance with international humanitarian law, and lift all restrictions that impede the entry of humanitarian aid into the enclave.

They also expressed their support for all efforts aimed at international recognition of an independent Palestinian state, something they agreed was vital for Palestinians to be able to take irreversible steps to implement the two-state solution.

The ministers stressed the need for a State of Palestine to be based on the borders of June 4, 1967, with East Jerusalem as its capital, in accordance with relevant international resolutions. 

They expressed their categorical rejection of any attempts to displace the Palestinian people from their land, and any military operation in the Palestinian city of Rafah.

The ministers warned of the continuation of illegal Israeli measures in the West Bank and occupied East Jerusalem that undermine the two-state solution, including settlement expansion, land confiscation, military operations against Palestinians, settler attacks, and besieging freedom of worship for Muslims and Christians.


70 Saudi students win medals at tech Olympiad

Updated 27 April 2024
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70 Saudi students win medals at tech Olympiad

  • Young talents from across the Kingdom shine in programming and AI
  • The event also “aims to enhance the global competitiveness of this generation to help achieve the objectives of the Human Capacity Development Program, (part of) Saudi Vision 2030”

RIYADH: The National Olympiad for Programming and Artificial Intelligence (ATHKA) concluded on Saturday.
The event, organized over several months by the Saudi Data and Artificial Intelligence Authority, in partnership with the King Abdulaziz and His Companions Foundation for Giftedness and Creativity (Mawhiba) and the Ministry of Education was intended to “nurture a promising generation of Saudi school students from intermediate and secondary levels, totaling about 3 million across various regions and governorates of the Kingdom, in the fields of programming and artificial intelligence,” according to the Saudi Press Agency.
The SPA added that the event also “aims to enhance the global competitiveness of this generation to help achieve the objectives of the Human Capacity Development Program, (part of) Saudi Vision 2030.”
Saudi Minister of Education Yousef Al-Benyan; chairman of the board of directors of the Education and Training Evaluation Commission, Dr. Khalid bin Abdullah Al-Sabti; president of SDAIA, Abdullah Al-Ghamdi; and the secretary-general of Mawhiba, Amal Al-Hazzaa, along with several officials from the fields of education and academia, a select group of AI specialists, and parents of the students, attended the event at Princess Nourah bint Abdulrahman University.
Yaser Al-Onaizan, CEO of the National Center for Artificial Intelligence at SDAIA, delivered a presentation on AI and its role in developing human capabilities at the event. He noted that the human element is key to AI, and said that today’s students will become experts in new technologies faster than ever due to the ample learning and training opportunities in AI.
The final round of the competition was held from April 23 to 27 in Riyadh. Five students from the secondary level and five students from the intermediate level were awarded gold medals in the Olympiad. Eleven students from the secondary level and 10 from the intermediate level received silver medals, while 19 secondary students and 20 intermediate students earned bronze.
A total of 298 students competed in the final stage after qualifying from a pool of 260,000 Saudi students from across the Kingdom.
The Olympiad was designed to find “outstanding school students skilled in computational thinking to analyze and solve algorithmic programming challenges,” according to the SPA. “This step would help them enter the field of AI and encourage them to develop computational thinking skills, design AI-based algorithms, and recognize these skills as essential for learning in the 21st century.”
Its goals also included, the SPA reported, “harnessing young students’ intellectual abilities to solve complex problems, fostering a knowledge-based economy, promoting competitive programming, and cultivating a generation capable of excelling in international Olympiads in informatics and AI. Additionally, it aimed to build and strengthen the next generation’s skills in advanced technology, including AI-related fields.”


Saudi deputy FM receives Palestinian president

Waleed Elkhereiji receives Palestinian President Mahmoud Abbas and delegation in Riyadh. (Supplied)
Updated 27 April 2024
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Saudi deputy FM receives Palestinian president

  • Abbas will participate in the special meeting of the World Economic Forum to promote global collaboration, growth, and energy for development

RIYADH: Saudi Deputy Minister of Foreign Affairs Waleed Elkhereiji received Palestinian President Mahmoud Abbas and his accompanying delegation at King Khalid International Airport, Riyadh, on Saturday.

Abbas will participate in the special meeting of the World Economic Forum to promote global collaboration, growth, and energy for development, the Saudi Press Agency reported.

Nayef bin Bandar Al-Sudairi, the Saudi ambassador to Jordan and non-resident ambassador to Palestine, and Ambassador of Palestine to the Kingdom Bassem Al-Agha were also present.