RIYADH: The Indian Embassy in Riyadh hosted a relaunch of the Saudi-Indian Business Network (SIBN) at a virtual ceremony to mark fast-growing economic and commercial ties between the two countries.
During the event, the Indian ambassador to the Kingdom, Dr. Ausaf Sayeed, inaugurated the network’s website http://sibnksa.com/.
In an address, the envoy said that following a significant strengthening of bilateral relations that had made India and Saudi Arabia key strategic partners, it was important and timely that business leaders from both countries worked closely under an institutionalized mechanism to further the relationship.
Sayeed noted that the relaunch will lead to a nationwide expansion of the SIBN which had been successfully operating in Jeddah for many years. The new-look network will be opening additional chapters in Riyadh, Dammam, and Jeddah with a national executive and regional committees.
The ambassador added that the expansion of the network was a necessity and long overdue, as economic relations between the nations had grown multifold and bilateral commercial activities had spread throughout the Kingdom.
The network will consist of prominent Indian businessmen and professionals based in the Kingdom and their Saudi counterparts engaged with India, he said, adding that the organization aimed to provide a platform for the promotion of trade and commerce in different sectors and encourage two-way investments.
He pointed out that the SIBN would also act as an interface to inform Indian companies of the vast opportunities being offered in the Kingdom and the same to the Saudi business community in India.
SIBN president, Abdullah M. Al-Kassabi, who is also the CEO of Al-Musheera Group, thanked the Indian ambassador for his efforts to promote the network to a pan-Saudi level.
He said the unique nature of the platform would help to boost collaboration between Indian and Saudi businesses, in the process enhancing bilateral economic relations.
President of the SIBN’s Riyadh regional chapter, Khaled Al-Aboodi, a prominent economist with 35 years of experience working with government, multilateral development finance institutions, and the private sector, congratulated the embassy on the success of the launch ceremony and for adapting to the coronavirus disease (COVID-19) pandemic situation.
Mazen Batterjee, chairman of Batterjee Holding Co., who will now lead the regional chapter of SIBN in Jeddah, shared his experience of being connected with the network since 2006 and said its expansion will provide much-needed support to businesspeople in Saudi Arabia and India.
DiplomaticQuarter: Saudi-Indian Business Network relaunch marks major expansion in Kingdom
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DiplomaticQuarter: Saudi-Indian Business Network relaunch marks major expansion in Kingdom
Hareed Festival: A window into the heart of the Farasan Islands
- Annual event highlights tourism potential
Riyadh: The Farasan Islands, a string of coral islands nestled 40 km off the coast of Jazan in the Red Sea, have been abuzz with activity recently as they hosted the 20th Hareed Festival.
This vibrant annual event celebrates the arrival of parrotfish, also called hareed, in the islands’ shallow waters, the Saudi Press Agency reported on Sunday.
The islanders have cherished this event for generations, transforming it into a social gathering that goes well beyond the arrival of the fish.
Visitors to the festival got a glimpse of the islands’ rich cultural heritage as it showcased the area’s unique customs, traditions, folk games, and handicrafts. It also focused its spotlight on Farasan’s remarkable tourism potential and historic sites.
Al-Dana provides one of the highlights. It is a captivating form of vocal art that is one of Farasan’s oldest folk traditions. It forms a poignant expression of longing, a result of the hardships endured by sailors on extended pearl-diving expeditions. The challenges faced by these brave men fueled the art form, which is deeply rooted in Farasan’s cultural identity.
The annual festival also gives an opportunity for Farasan residents to display their traditional handicrafts. Visitors can watch the making of fishing traps and nets, the intricate weaving of palm fronds, the creation of bags and rugs, and hat knitting.
A designated area at the hareed fishing site catered to families and children. Visitors could experience the thrill of catching parrotfish using a traditional method that involved setting up barriers to prevent the fish from escaping. This competition, a centuries-old tradition, allowed families to connect with the region’s fishing heritage.
Farasan’s most renowned tourist attractions highlighted the islands’ potential for tourism.
Al-Qassar village, which is located only 5 km from Farasan Grand Island, is a popular tourist site. This heritage village, which is built of stone and palm leaves, is home to the archipelago’s largest palm oasis.
Al-Qassar has served as a summer retreat for Farasan residents. People travel by camel to spend a three-month break in the village during the season of Al-Asef, the northwestern summer wind that comes after the hareed fishing season.
Famous for its abundance of fresh groundwater, Al-Qassar village comprises around 400 houses. These unique dwellings, with stone walls and roofs made of palm tree planks, leaves, doum palm, or anisotes trisulcus branches, topped with algae and mud, are made by traditional building techniques designed to withstand the elements.
The Hareed Festival is a window into the heart and soul of the inhabitants of the Farasan Islands; a celebration of culture, tradition, and the islands’ natural beauty.
Saudi Border Guard arrest 4 attempting to smuggle qat
JAZAN: The Kingdom’s Border Guard in Al-Ardah, Jazan, recently arrested four Yemeni nationals attempting to smuggle 80 kg of qat into the country, the Saudi Press Agency reported on Monday.
Mostly chewed by users, Qat is a mild stimulant and illegal across most of the Arab world.
The government has urged citizens and residents to report any information they have regarding drug smuggling or sales to the General Directorate of Narcotics Control. Reports can be made by calling 911 for Makkah, Riyadh and the Eastern Province, and 999 for other regions. Alternatively, information can be emailed to [email protected]. All reports are treated confidentially.
KSrelief distributes food in Pakistan, drills solar-powered wells in Nigeria
DUBAI: KSrelief, Saudi Arabia’s aid agency, recently distributed 370 food baskets in the flood-hit Shangla district of Khyber Pakhtunkhwa province, Pakistan, benefiting 2,590 individuals.
The aid was a part of the fourth phase of the Kingdom’s Food Security Support Project in Pakistan 2024.
Last week, KSrelief, in collaboration with a civil society organization, initiated a project to drill six solar-powered medium-depth water wells in Kwara State, Nigeria. The wells, each at a depth of about 80 meters and equipped with tanks holding 5,000 liters, are for the benefit of 30,000 individuals.
The beneficiaries lauded Saudi Arabia for addressing their vital water needs.
Saudi anti-corruption authority reveals details of recent cases
- Spokesman said legal procedures had been initiated against all perpetrators
RIYADH: A spokesman for Saudi Arabia’s Oversight and Anti-Corruption Authority, also known as Nazaha, revealed on Sunday details of a number of criminal cases it recently investigated and prosecuted.
Outlining 20 of the most prominent corruption cases, he said legal procedures had been initiated against all perpetrators.
In one case, two Central Bank employees were arrested for receiving sums of money from a resident, who was also arrested, in exchange for depositing more than SR7.3 million ($1.95 million), without verifying the source, into bank accounts belonging to commercial entities over a two-year period.
In another case, a security officer working at the General Department of Traffic was arrested for receiving SR387,000 from the owner of a public services office, who was also arrested, in exchange for illegally amending the essential data of a group of vehicles.
One of the cases also highlighted involved an employee working at a university hospital who was arrested for receiving SR100,000 from citizens in exchange for a promise to employ them at the university.
Nazaha said it continues to work to identify and prosecute anyone in the Kingdom involved in the embezzlement of public funds, guilty of abuse of power and position for personal gain, or otherwise harming the public interest.
It stressed that guilty parties will be pursued and held accountable, and that there is no statute of limitations on such crimes.
Saudi, Bahraini public prosecutor meet in Manama
- Al-Mujeb highlighted the unwavering support the Kingdom's public prosecution receives from its leadership
RIYADH: Saudi Public Prosecutor Sheikh Saud bin Abdullah Al-Mujeb met with his Bahraini counterpart Ali bin Fadl Al Buainain in Manama, Saudi Press Agency reported on Sunday.
Al-Buainain welcomed Al-Mujeb and his accompanying delegation and expressed his delight at the visit, which he said signified the ongoing exchange of visits between the judicial bodies of the two nations and the sustained collaboration in combating transnational crime.
During the meeting, Al-Mujeb emphasized the deep-rooted historical ties between the Bahrain and the Kingdom and their continued advancement across various sectors, particularly in parliamentary cooperation and the exchange of information to ensure regional security.
He highlighted the unwavering support the Kingdom's public prosecution receives from its leadership, which he said enhanced the efficiency of its judicial processes.
