GCC countries to bolster global energy security, vows secretary-general

GCC Secretary-General Jassim Al-Budaiwi. AP/File
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Updated 19 November 2023
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GCC countries to bolster global energy security, vows secretary-general

RIYADH: The Gulf Cooperation Council countries are gaining recognition as key players in reinforcing global energy security, the organization’s secretary-general has said.

Speaking at the 19th Manama Dialogue Conference titled “Regional Security Summit,” Jassim Al-Budaiwi emphasized the GCC’s role as a trusted global partner in the energy sector, the Saudi Press Agency reported on Sunday.

“Energy security occupies a prominent place in the policies of the GCC countries,” he said.

Organized by Bahrain’s Ministry of Foreign Affairs, in collaboration with the International Institute for Strategic Studies, the summit convened from Nov. 17-19 in Manama.

The event saw participation from various foreign ministers, defense and national security officials, experts and prominent thinkers from numerous countries.

Al-Budaiwi underscored the broader ambition of the GCC countries to shape energy policies that balance traditional resources and the shift toward sustainable alternatives.

The secretary-general also pointed to the need for a comprehensive understanding of energy security in modern times, influenced by factors such as traditional conflict, absence of alternative plans and years of insufficient investment.

He criticized misleading narratives that suggest alternative energy sources can completely replace fossil fuels and further highlighted the decades-long reliability of the GCC as an energy partner. Al-Budaiwi also emphasized the region’s commitment to stabilizing global energy markets.

“The GCC countries recognize the importance of traditional energy supplies in the long term to ensure energy security and affordability, where the council’s members have also adopted renewable energy sources, as evident from their national development plans,” he said.

The summit also focused on the necessity of international cooperation to protect energy infrastructure and routes, confront potential military and cyberthreats and ensure long-term energy security despite short-term challenges.


Saudi-French cooperation to localize veterinary vaccine manufacturing

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Saudi-French cooperation to localize veterinary vaccine manufacturing

RIYADH: In the presence of sector leaders, the National Livestock and Fisheries Development Program signed a memorandum of understanding with French company Ceva under the patronage of Minister of Environment, Water and Agriculture Abdulrahman bin Abdulmohsen Al-Fadhli, who also chairs the program’s board.

The agreement aims to localize vaccine manufacturing, transfer technology and technical expertise, and expand the industrial and commercial production of veterinary vaccines across the Kingdom.

According to the MoU, the two parties will work to achieve high efficiency in mass production scale-up and establish a clear path for sustainable commercial operation that meets the needs of the local and national market, as well as strengthen the biosecurity and food security system.

The MoU also includes the development and modernization of messenger RNA vaccine technologies, along with joint research and development of a Middle East Respiratory Syndrome vaccine for camels. This involves designing, evaluating, and developing vaccines specifically tailored to combat the virus.

The agreement also covers the development of a rabies vaccine and related solutions, as well as supporting national efforts to control the disease through vaccine provision, capacity building, and the implementation of integrated prevention strategies.

The collaboration between the program and Ceva aims to meet the needs of the poultry vaccine market in the Kingdom, currently estimated at around SR750 million ($199 million).

The company will work to cover approximately 30 percent of this market with an initial investment of around SR250 million.

With continued government support for poultry projects and increased production in the sector, the market is expected to grow at a rate exceeding 10 percent annually, reaching approximately SR1.25 billion by 2030.

The addition of the world’s leading poultry vaccine manufacturer to Biotech Park highlights the program’s key role in developing new industries within the livestock and fisheries sector.

It also highlights the program’s commitment to building international partnerships with global companies, organizations, research centers, and universities to support advanced biotechnology industries and attract high-quality investments. It also seeks to create new economic sectors based on biotechnology, enhance veterinary health security, and support the sustainable economic development of the livestock sector, as well as empower national and emerging companies and provide advanced research and industrial infrastructure.

This will solidify the Kingdom’s position as a global hub for biotechnology industries and the development of national capabilities.

Ceva is the first international partner to join Biotech Park, the future veterinary biotechnology city launched by the program in Dhurma Governorate. The city is the world’s first specialized and fully integrated hub for veterinary biotechnology, serving as a benchmark for sector development and a platform supporting markets across the Kingdom, the Gulf, the Middle East, Africa and beyond.

The signing of Ceva is a significant step, given its position as the world’s leading manufacturer of poultry vaccines and medicines, and one of the most prominent international companies in the field of biotechnology.

The MoU aims to localize the veterinary vaccine industry, ensuring its compatibility with the strains of poultry diseases prevalent in Saudi Arabia. This includes the transfer of technology and technical expertise from Ceva, along with the implementation of specialized training programs to guarantee that manufacturing facilities comply with international Good Manufacturing Practice standards.