Prioritize trade, investment projects, OIC chief urges member states

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OIC Secretary-General Yousef Al-Othaimeen speaking during the meeting of the OIC's Standing Committee for Economic and Commercial Cooperation in Istanbul, Turkey, on Wednesday. (SPA)
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Turkish President Tayyip Recep Erdogan chairs the meeting of the OIC's Standing Committee for Economic and Commercial Cooperation in Istanbul on Wednesday. (SPA)
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Group photo of participants in the meeting of the OIC's Standing Committee for Economic and Commercial Cooperation. (SPA)
Updated 29 November 2018

Prioritize trade, investment projects, OIC chief urges member states

JEDDAH: Economic restructuring and diversification were key words during a meeting held by a committee at the Organization of Islamic Cooperation (OIC) in Istanbul on Wednesday.
In a speech to the Standing Committee for Economic and Commercial Cooperation (COMCEC), OIC Secretary-General Yousef Al-Othaimeen called for reforms within member states suffering from recession and urged a more holistic development agenda.
The meeting was inaugurated by Turkish President Recep Tayyip Erdogan, who is chairman of COMCEC.
Al-Othaimeen emphasized prioritizing trade and investment projects, which he said may reduce growing unemployment and quell the effects that mass migration is having on national economies.
He praised OIC’s member states’ response to the economic and humanitarian problems faced by some member states, which were the result of increasing political and natural crises.
“Infrastructural and regional integration are key to OIC policymaking, which are in turn being given top priority by member states,” he said.
Development programs designed for Africa and Central Asia have yielded major projects in the trade, energy, agriculture and transport sectors, notably the Arab-Africa trade bridge, the Kazakhstan-Turkmenistan-Iran railway and the Dakar-Port Sudan railway, he added.
Dr. Bandar Hajjjar, president of the Islamic Development Bank, and Rifat Oglu, vice president of the Islamic Chamber of Commerce, Industry and Agriculture, also gave speeches during the meeting.


Saudi Arabia wins praise for showcasing ancient cultural heritage

Updated 10 December 2019

Saudi Arabia wins praise for showcasing ancient cultural heritage

  • It has introduced Saudi and Arab heritage to more than 5 million people across the world

RIYADH: Alessandra Capodiferro, director of the National Roman Museum, on Monday, expressed pride that her museum was hosting the exhibition “Roads of Arabia: Masterpieces of Antiquities in Saudi Arabia Across the Ages.”

The exhibition, which was inaugurated by Saudi Culture Minister Prince Badr bin Abdullah on Nov. 26, has already been hosted by a number of prominent international museums.

Capodiferro praised the international reputation achieved by the exhibition, which features many important artifacts, including hunting gear, weapons, jewelry, utensils made from precious metals, glass, alabaster, ceramics, sculptures and wall paintings — all of which are an expression of local production, trade exchange and cultural contact.

She said that the most important achievements of the research conducted in the Kingdom over the decades by Saudi specialists and archeological missions, including those headed by Italian teams, revealed the rich history of the Arabian Peninsula mentioned in ancient literature. Excavations conducted on these missions have led to the discovery of a significant number of artifacts dating back to several epochs — prehistoric, ancient, Roman Imperial and late antiquity.

The exhibition highlights the successive civilizations of the Arabian Peninsula, and provides examples of cultural interaction between Arab and Roman civilizations. It will continue for three months in Rome, its 17th station. Hosted in the most prominent international museums in European, American and Asian cities, it has introduced Saudi and Arab heritage to more than 5 million international visitors.