Saudi Arabia, Kazakhstan to boost investment, trade

The investment meeting between Saudi Arabia and Kazakhstan led to the signing of several agreements and memoranda. (SPA)
Short Url
Updated 25 July 2022
Follow

Saudi Arabia, Kazakhstan to boost investment, trade

  • Energy, IT, tourism, mining and agriculture targeted
  • Crown Prince Mohammed bin Salman held wide-ranging talks with President Kassym-Jomart Tokayev

RIYADH: Saudi Arabia and Kazakhstan are set to enhance mutual trade and investment in several sectors, according to a joint statement carried by the Saudi Press Agency on Sunday.

This cooperation includes petrochemicals, renewable energy, mining, agriculture, tourism, transport and logistics. Other agreements cover information technology, digital transformation, financial services and space, SPA reported.

The statement follows the visit of Kazakhstan President Kassym-Jomart Tokayev, who held wide-ranging talks with Saudi Crown Prince Mohammed bin Salman.

Tokayev on Sunday praised Saudi Arabia for successfully organizing the Hajj and Umrah seasons despite the challenges posed by the COVID-19 pandemic, the SPA reported.

The two countries signed several agreements and memoranda of cooperation in sports, media, medicine and finance. The also agreed to enhance cooperation in higher education, research and innovation.

To boost trade and tourism, the countries agreed to allow direct mutual flights and create multiple additional shipping lines. Saudi Arabia praised Kazakhstan for exempting Saudi citizens from its visa requirements.

On climate change, they agreed to abide by the principles of the Framework Convention on Climate and the Paris Agreement, and to focus on reducing emissions.

There was mutual support for the Kingdom’s Green Saudi Arabia and Green Middle East initiatives, as well as Kazakhstan’s Green Bridge Partnership Program.

On energy, there was praise for the efforts of the OPEC+ nations to stabilize the global oil market. They stated that all participating countries should adhere to the OPEC+ agreements that would assist producers and consumers, and support world economic growth.

On defense, security and political levels, discussions were held on ways to ensure the safety and sovereignty of the two nations.

With regard to the crisis in Yemen, the two sides supported international and regional efforts to reach a comprehensive political solution for that country, based on the Gulf initiative, the Yemeni National Dialogue, and the UN Security Council Resolution 2216 of 2015.

At the end of the visit, Tokayev invited King Salman to participate in the seventh Congress of Leaders of World and Traditional Religions, which will be held on Sept. 14 and 15 this year, as well as the sixth Conference on Interaction and Confidence Building Measures in Asia, which will be held on Oct. 12 and 13 in the Kazakh capital, Nur-Sultan.

King Salman thanked Tokayev for these two invitations.


Sha’abanah festival brings Hijazi heritage to life ahead of Ramadan 

Updated 6 sec ago
Follow

Sha’abanah festival brings Hijazi heritage to life ahead of Ramadan 

Jeddah: The Sha’abanah festival celebrating Hijazi heritage drew more than 18,000 visitors to the Abadi Al-Johar Arena in Jeddah as part of the city’s pre-Ramadan festivities. 

Organized by Vertex 33, the three-day event from Jan. 22-24 offered an immersive celebration of local culture, crafts, and cuisine. 

The festival featured local boutiques offering oud incense and perfumes, artisanal shoes and a variety of handcrafted products from local entrepreneurs. 

Visitors also enjoyed a range of artistic workshops, such as pottery and mosaic, while children engaged in scented candle-making, art activities by Global Art, and thread kneading to create keychains and home wall hangings with Ramadan themes. 

A dining area served traditional Saudi cuisine, coffee, and festive Ramadan treats. 

Guests were entertained with live traditional Yanbu’awi performances, Al-Ajal dance displays, and a contemporary Saudi-style DJ, bringing together the energy of modern entertainment with the rich cultural heritage of Hijaz. 

The project was led by four young cultural enthusiasts, Abdulaziz Al-Jehani, Abdulmajeed Abualkheer, Ghoroub Al-Barakati and Shahad Abualkheer. 

Al-Jehani, CEO of Vertex 33, said Sha’abanah was inspired by a desire to revive the social traditions that once brought Hijazi communities together ahead of Ramadan. 

“At Vertex 33, we believe events should feel meaningful, not just entertaining, and Sha’abanah was our way of creating a space where people could reconnect with heritage in a lively, modern setting,” he told Arab News. 

“Bringing the festival together took just three months of planning, from concept development and cultural research to vendor selection, design, and on-ground coordination. 

“The positive response from attendees has reinforced Vertex 33’s commitment to supporting local artists and making Hijazi heritage central to future events,” he added. 

Entrepreneurs taking part in Sha’abanah praised the festival for providing exposure and opportunities to engage directly with customers. 

Afraa Damanhouri, founder of RuaqAfraa, said: “We are participating to make scented cake candles for both adults and children. Workshops like these promote business and help people understand the process behind different types of candles.” 

Reem Awad, founder and CEO of Black Mus, said: “Through Sha’abanah, we were able to meet our customers face to face, share the story behind our products, and help them understand the range of services and items we offer.” 

Chef Fayzah Al-Sulami, who took part in the event preparing and selling her homemade spices and traditional white sweet Saudi coffee, said: “I started teaching cooking on YouTube, and when people asked about the ingredients I use, I began selling my products. 

“It was amazing to see so many people take an interest, and sales were strong throughout all three days of the festival.” 

With Ramadan approaching, many local entrepreneurs offered gift packages, prayer baskets, homemade traditional coffee, and spices. 

Duaa Shukri, founder of Printful, said: “Ramadan is a time for giving. We created unique gift packages for children, teenagers and adults, with thoughtful items.”