RIYADH: A delegation from Saudi Arabia participated on Tuesday in the fifth UN Conference on the least developed countries in Doha.
The King Salman Humanitarian Aid and Relief Center team (KSrelief) was headed by assistant supervisor general of planning and development, Aqeel bin Jamaan Al-Ghamdi who took part in
a discussion on “investment in people in the least developed countries,” and another on the sustainable development after the pandemic and the capacity to build.
KSrelief have also organized an event on the sidelines of the conference titled, “international partnerships and external assistance”, with the participation of the Saudi Fund for Development and the Saudi Program for the Development and Reconstruction of Yemen.
Al-Ghamdi presented a brief about Saudi Arabia’s response to the COVID-19 outbreak and the assistance Saudi Arabia offered to international community to mitigate the consequences of the pandemic to countries with vulnerable healthcare systems.
Al-Ghamdi also met representatives of humanitarian and relief organizations participating in the conference.
Throughout the conference, the Kingdom’s delegation is set to take part in a number of plenary sessions and high-level meetings, in addition to hosting as many as three side events.
The Kingdom is a major contributor in providing aid to many of the least developed countries in line with the UN’s 2030 Sustainable Development Goals.
Saudi Arabia ranked first among donor countries in offering official development assistance to low and medium-income countries, with a total of SR26.71 billion ($7.12 billion), revealed Supervisor General of the King Salman Humanitarian Aid and Relief Center, Abdullah Al-Rabeeah, citing data published by Development Assistance Committee of the Organization for Economic Cooperation and Development.
KSrelief participates in 5th UN Conference on Least Developed Countries
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KSrelief participates in 5th UN Conference on Least Developed Countries
- Kingdom’s delegation is set to take part in a number of plenary sessions and high-level meetings, in addition to hosting as many as three side events
Speed of Saudi innovation ‘wowing’ UK, says British trade campaign executive
RIYADH: UK delegates at the GREAT Futures Initiative Conference have been “wowed” by Saudi Arabia's business landscape, according to a senior British trade executive.
Speaking during an interview with Arab News, Kate Taylor Tett, director of the GREAT Britain and Northern Ireland Campaign, noted that the event served as a catalyst for change and progress by facilitating cross-sectoral collaboration and dialogue between counterparts from both nations.
She also stressed the fast pace of innovation observed in Saudi Arabia, which has left a strong impression.
“I think what this event has done is put Saudi right at the top of that list. So at the moment, you know, Saudi is the 24th biggest trading partner for the UK,” Tett said.
She added: “I think this top event will really accelerate that because people see it as an opportunity that they need to address right now, not at some point in the future, and hopefully that’s really exciting for businesses.”
Tett also stated that the event attendees were impressed by what they experienced in Saudi Arabia, which led to a shift in their opinions about the market.
“I haven’t spoken to a single person at this event who hasn’t been wowed by what they’ve seen when they’ve come here. I think their opinions have shifted, and that in itself is a huge opportunity,” she said.
Tett also explained that the event is not just a two-day gathering; it is a program that extends over a year and involves various collaborations between UK businesses and counterparts in Saudi Arabia.
“I know there’ll be lots of sort of cross-fertilization in that way, so this, these two days are very much a catalyst for initially a year-long program. But I think what you’ll see is that then that becomes a leap pad for things beyond that,” she said.
Commenting on the UK-Saudi partnerships, Tett emphasized the significance of innovation in collaboration between countries that are actively engaged in progressive undertakings.
She also stressed the fast pace of innovation observed in Saudi Arabia, which has left a strong impression.
“Everybody I’ve spoken to here has just been wowed by the pace of innovation in Saudi. And clearly bringing that innovation together and companies working together just creates these huge opportunities which have an economic benefit on both sides of the partnership,” Tett underscored.
She added: “I think what really hit me has been the energy and the positivity of everybody that I’ve met. I spent some time working in the world of startups, and I think Saudi feels like a huge startup. Everything feels possible.”
She concluded by expressing her enthusiasm among the participants and describing their collective drive to make progress as “really infectious.”
Egypt warns against consequences of Israeli escalation in Gaza
- During talks with Ayman Al-Safadi and Fuad Hussein, FM Shoukry said that there would be negative repercussions for regional stability if Israel continued to escalate its activities in Gaza
- Discussions in Manama took place on the sidelines of an Arabian foreign ministers’ meeting being held in preparation for the Arab Summit
CAIRO: Egypt’s Foreign Minister Sameh Shoukry has warned of dire consequences as a result of Israel escalating its activities in the Gaza Strip.
During talks with his Jordanian and Iraqi counterparts, Ayman Al-Safadi and Fuad Hussein, he also said there would be negative repercussions for the security and stability of the whole region.
The discussion in Manama on Wednesday took place on the sidelines of an Arabian foreign ministers’ meeting being held in preparation for the Arab Summit.
Shoukry talked about Egypt’s efforts to reach an immediate, comprehensive and lasting ceasefire in Gaza and its call for allowing immediate delivery of humanitarian aid.
He also stressed his country’s categorical rejection of any attempts to displace Gazans or kill the Palestinian cause.
He underlined the need to stop targeting civilians, halt Israeli settler violence, and allow aid access in adequate quantities “that meet the needs of our Palestinian brothers.”
During the meeting, Shoukry also reaffirmed Cairo’s support for the stability of Iraq and Jordan and emphasized the importance of implementing directives from the three countries’ leaders to boost cooperation within the framework of the tripartite mechanism.
He said Egypt viewed tripartite cooperation as a way to link the interests of the three countries and maximize common benefits. The discussion also underlined the importance of putting into effect agreed joint projects as soon as possible.
During a separate meeting with Iraqi minister Hussein, Shoukry reiterated the directives of President Abdel Fattah El-Sisi to develop relations between the two countries in various fields.
The Iraqi minister highlighted close historical ties with Egypt that required continued coordination on the various challenges plaguing the region. Hussein also hailed the key role played by Egypt to bring about an end to the crisis in Gaza.
Veon, partners to bridge online ‘AI language gap’ in Pakistan, other countries
- Language models often rely on swathes of online data to generate human-like responses
- Veon and partners to develop tools in Pakistan, Ukraine, Bangladesh and other countries
Telecom company Veon, mobile operator Beeline Kazakhstan, the Barcelona Supercomputing Center and the GSMA lobby group said on Wednesday they would work together to bridge an “AI language gap” for under-represented languages.
Large language models powering ‘bots’ like chatGPT often rely on swathes of online data, such as digital books, websites, articles and blogs to learn how to generate human-like responses. But data and resources in some languages are limited.
“Out of nearly 7000 languages spoken around the globe, only seven are considered high-resource languages in the digital world: English, Spanish, French, Mandarin, Arabic, German and Japanese,” the groups said in a joint statement.
They will collaborate on developing tools and language model documentation in under-represented languages, including those spoken in the countries where Veon operates — Pakistan, Ukraine, Bangladesh, Kazakhstan, Uzbekistan, and Kyrgyzstan.
Another language was Catalan, which is spoken by around 10 million people, the statement said.
“The lack of resources in other languages results in an AI language gap which leads to sub-optimal user experience in AI applications, deepens the bias in AI models and risks deepening the digital divide in AI technologies,” they added.
Saudi property forum to enhance local real estate supply chain access
RIYADH: Saudi real estate firms are poised to gain improved access to the supply chain with major industry players set to gather in Riyadh for an event designed to enhance cooperation and forge partnerships.
Under the patronage of the Minister of Municipal and Rural Affairs and Housing Majid bin Abdullah Al-Hogail, the National Housing Co. will host the Real Estate Supply Chain Forum from May 20 to 21 at the JW Marriot Hotel Riyadh, with the aim of fostering the growth of the property sector.
The event will gather a diverse array of local and international companies, consultants, contractors, and manufacturers to explore collaborative opportunities aimed at delivering integrated housing projects focused on quality and affordability, according to the Saudi Press Agency.
The forum will also provide promising investment opportunities, facilitate the signing of investment agreements and strategic partnerships, establish new standards, and find innovative solutions for real estate development.
Additionally, the gathering will unveil the latest agreements to secure supply chains between the NHC and a range of local and global partners.
Several scheduled dialogue sessions will showcase the latest technologies in the building materials industries. These talks will facilitate the exchange of expertise between local and international companies, aiming to enhance the supply chain network.
On May 5, the NHC signed a deal with China’s leading firm, CITIC Construction Group, to establish an industrial city and logistic zones for building materials, comprising 12 factories, with the objective of securing supply chains for the NHC’s housing projects.
NHC CEO Mohammad Al-Buty finalized the deal during Al-Hogail’s official visit to China.
The NHC said the agreement with the Chinese construction group is part of its efforts to secure supply chains for its housing projects and ensure their timely completion and high quality.
The Saudi company highlighted that the deal includes the construction of 12 factories specializing in building materials, harnessing Chinese expertise, and involving local factories to uplift business standards.
It added that the agreement also aims to draw top-tier service providers across various company sectors, its subsidiaries, and other projects.
The firm pointed out that the pact is expected to maximize the economic and developmental impact of the real estate sector in the Kingdom, develop housing projects, enhance their quality, and promote national transformation in the construction sector through these industrial cities and logistic zones.
Netanyahu says he hopes Israel can get aid, overcome US disagreements
- Sources said the US State Department moved a $1 billion weapons aid package for Israel into the congressional review process
WASHINGTON: Israel Prime Minister Benjamin Netanyahu said he hoped to receive US military aid and to overcome US President Joe Biden’s pause on certain weapons, vowing to fight Hamas without American support amid what he called a disagreement with Washington.
On Tuesday, sources said the US State Department moved a $1 billion weapons aid package for Israel into the congressional review process. Asked in a CNBC interview that aired on Wednesday if he could confirm the $1 billion package movement, Netanyahu declined to say but added that he appreciates US assistance.
