Minister of Commerce: Saudi-Tunisian relations witnessing remarkable development

Majid Al-Qasabi pointed that the Kingdom attaches great importance to developing trade and investment relations and strengthen cooperation between the private sector in both countries. (SPA)
Updated 22 April 2019
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Minister of Commerce: Saudi-Tunisian relations witnessing remarkable development

  • Al-Qasabi praised the cooperation spirit at the Saudi-Tunisian forum and meeting leaders of the business sector from both sides in a bid to promote bilateral relations between brotherly countries

JEDDAH: Saudi Arabia’s minister of commerce and investment has affirmed that the deeply-rooted relations with Tunisia are witnessing a remarkable development, during the opening of the Saudi-Tunisian Economic Forum in Jeddah on Sunday.

Minister Majid bin Abdullah Al-Qasabi stressed that both countries look forward to promoting trade and investment cooperation to higher levels, noting that the volume of trade exchange in 2018 amounted to $ 309 million, marking a 16% increase over the previous year.

This came during the opening of the Saudi-Tunisian Economic Forum, which was hosted by the Jeddah Chamber today, in the presence of Tunisian Minister of Commerce Dr. Omar Behi and a number of Saudi and Tunisian officials.

Al-Qasabi praised the cooperation spirit at the Saudi-Tunisian forum and meeting leaders of the business sector from both sides in a bid to promote bilateral relations between brotherly countries.

He said the forum looks forward to offer suggestions and solutions for challenges facing entry of goods, services and investments between the two countries. The forum will seek solutions to overcome them through relevant government bodies.

Al-Qasabi pointed that the Kingdom attaches great importance to developing trade and investment relations and strengthen cooperation between the private sector in both countries. A Saudi-Tunisian committee will hold a platform next week to receive suggestions for the private sector to solve and overcome any drawbacks.

The minister praised the agreement reached during the previous Saudi-Tunisian forum meeting to draw a road map aimed at increasing the volume of trade exchange and investments between the two countries, especially in the fields of medicine, food, phosphate and stone sections.

On his part, the Tunisian Minister of Trade and Industry said the forum is attended by 25 Tunisian companies and companies from different sectors such as food, agricultural products, textiles, clothing, pharmaceuticals, packaging, household appliances, public works, building materials and services.

Tunisian Minister Dr. Omar Behi said Saudi Arabia is Tunisia’s first trading partner in the Gulf region.

He said his government grants broad concessions to Saudi business owners in various sectors.

He expressed his hope to increase cooperation mechanisms and enhance investment opportunities and partnerships with the Kingdom.


Saudi ministries sign deal to achieve goals in fields of culture, human resources

Updated 07 May 2024
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Saudi ministries sign deal to achieve goals in fields of culture, human resources

  • Move aligns with aims of Saudi Vision 2030

RIYADH: Saudi Arabia’s Minister of Culture Prince Badr bin Abdullah bin Farhan, and the Minister of Human Resources and Social Development Ahmed Al-Rajhi signed a cooperation agreement on Monday aimed at achieving their respective goals.

The agreement will also work to develop human capital in the culture and arts sectors.

It is hoped the partnership will lead to the development of local cultural identity; the growth in local economic interaction; an increase in job opportunities and social development; and the creation of a legislative and regulatory environment that encourages investment and innovation in the cultural sector.

It is expected this will lead to increased economic activity and new job opportunities, targets which form part of Saudi Vision 2030, the Saudi Press Agency reported.

The ministries will study ways to encourage and motivate the participation of the private sector in developing the culture and arts sectors as part of the agreement.


Inaugural Red Sea Fashion Week to highlight Saudi talent to a global audience, official says

Updated 06 May 2024
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Inaugural Red Sea Fashion Week to highlight Saudi talent to a global audience, official says

  • ‘Initiative is a vibrant testament to our dedication to cultivating local talent,’ says Fashion Commission’s CEO

RIYADH: The head of the Saudi Fashion Commission said on Monday that the inaugural Red Sea Fashion Week later this month will highlight the talent in the Kingdom to a global audience, the Saudi Press Agency reported.

Burak Cakmak, the CEO of the commission, said: “With Red Sea Fashion Week we set out to forge a distinctive and dynamic platform that not only highlights the vast creativity and skill within Saudi Arabia but also elevates our nation as a key player on the global fashion stage.

“This initiative is a vibrant testament to our dedication to cultivating local talent and integrating them into the international arena, resonating deeply with the Kingdom’s Vision 2030 goals of enriching our cultural fabric and broadening our economic horizons.”

The first edition of Red Sea Fashion Week, the latest initiative from the Saudi Fashion Commission to promote the Kingdom’s fashion industry, begins on May 16 at the new St. Regis Red Sea Resort. It runs until May 18.

A fashion show will be held on the first day, followed by two days of side events and further shows featuring a collection of luxury fashion, jewelry, ready-to-wear items, and resort wear collections from Saudi and international designers.

Saudi Arabia hosted its first fashion week in 2023 in Riyadh, and hosted a pop-up event in Milan last year on the sidelines of the city’s fashion week.


Saudi crown prince expresses condolences to UAE president after death of uncle

Saudi Crown Prince Mohammed bin Salman. (File/SPA)
Updated 06 May 2024
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Saudi crown prince expresses condolences to UAE president after death of uncle

  • Sheikh Mohamed thanked the crown prince and expressed his condolences over the death of Saudi poet Prince Badr bin Abdul Mohsen

RIYADH: Saudi Crown Prince Mohammed bin Salman expressed his condolences to the President of the UAE Sheikh Mohamed bin Zayed on Monday after the recent passing of his uncle Sheikh Tahnoon bin Mohammed Al-Nahyan.

During a phone call, the crown prince prayed that God forgive the deceased who was the representative of the Abu Dhabi Ruler in Al-Ain Region.

Sheikh Mohamed thanked the crown prince and expressed his condolences over the death of Saudi poet and national literary icon Prince Badr bin Abdul Mohsen.


Saudi justice minister opens International Conference on Judicial Training

Updated 06 May 2024
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Saudi justice minister opens International Conference on Judicial Training

  • Experts from around world will attend 2-day event in Riyadh

RIYADH: The Saudi justice minister on Monday opened the International Conference on Judicial Training in Riyadh.

Walid Al-Samaani made the opening speech at the two-day event, which has attracted more than 600 experts and 45 speakers from around the world.

He highlighted the strides made by the Kingdom in the judiciary sector since the launch of its Vision 2030 initiative.

He also outlined the ministry’s commitment to improving the efficiency of the judiciary and “pivotal role of training, qualification and legal knowledge management in achieving justice.”

The Judicial Training Center was dedicated to improving the skills of the Kingdom’s judicial and legal personnel through collaborations with its partners and had been instrumental in qualifying judges and training lawyers, judicial assistants and notaries, the minister said.

Al-Samaani also commented on the transformation of the justice system, driven by Crown Prince Mohammed bin Salman, which has focused on fortifying legal principles, embedding values of transparency and ensuring legal certainty.

A key area for development was the digital transformation and integration of artificial intelligence, which the ministry was advancing to enhance judicial quality, he said.


Saudi Arabia, UK sign $5m deal to help fight malnutrition in Somalia

Updated 06 May 2024
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Saudi Arabia, UK sign $5m deal to help fight malnutrition in Somalia

  • Funds expected to benefit 101,000 children in high-risk areas
  • Sides looking for further opportunities for collaboration, KSrelief chief says

RIYADH: Saudi aid agency KSrelief and the UK on Monday signed a $5 million cooperation agreement with UNICEF to help tackle malnutrition in Somalia.

The deal was signed by KSrelief General Supervisor Dr. Abdullah Al-Rabeeah and British Minister for Development and Africa Andrew Mitchell at the agency’s headquarters in Riyadh, the Saudi Press Agency reported.

KSrelief and the British Foreign, Commonwealth and Development Office will each contribute $2.5 million to UNICEF.

The funds will provide access to nutrition services, water and personal hygiene supplies in 15 high risk areas of Somalia, benefiting 101,000 children.

The deal is within the framework of joint humanitarian and relief projects between the Kingdom and the FCDO to alleviate the suffering of the Somali people.

The announcement was made as part of the second annual UK-Saudi Strategic Dialogue on Humanitarian Aid and International Development, which also discussed “providing more aid into Gaza and encouraging progress toward peace in Sudan,” the FCDO said in a statement.

The two countries have already committed $22 million in joint funding, delivering vital aid and providing famine relief and humanitarian support in Somalia and Sudan.

Other cooperation programs through KSrelief and the Saudi Fund for Development were expected to be delivered in Sudan, Yemen, Bangladesh and Ukraine, the FCDO said.

“We look forward to enhancing our technical experience and capacity building by building upon the strong foundation established during our previous dialogue, which presents an invaluable opportunity to solidify our future direction, explore new areas of cooperation and further demonstrate the transformative potential of our partnership,” Al-Rabeeah said.

“Officials from both sides are actively identifying promising opportunities for further collaboration. KSrelief sees immense potential to leverage our respective strengths in areas like health interventions, education infrastructure development and livelihood creation programs.”

Mitchell said: “The UK is working with Saudi Arabia and other partners to support those whose lives have been affected by conflict around the world.

“I am delighted to be in Riyadh to agree a way forward to scale up significantly joint funding which will go a long way to supporting those people and communities who need it most, building on today’s announcement in Somalia and looking to further support people in Yemen, Ukraine, Sudan, as well as the Rohingya refugees in Bangladesh.

“I also discussed the need to bring the conflict in Gaza to a sustainable end with my Saudi partners. The UK remains focused on achieving an immediate pause in the fighting, securing the release of hostages and ensuring aid reaches those who need it.”

In separate talks, Al-Rabeeah and Mitchell discussed matters of common interest related to relief and humanitarian affairs around the world, ways to enhance cooperation and topics included in the Second Strategic Dialogue for Development and Humanitarian Aid between the two countries.

The Saudi Fund for Development will also sign a deal with Mitchell during his visit to strengthen cooperation in line with the UN sustainable development goals.