Saudi FM visits Pakistan to strengthen economic ties

Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan arrived in Pakistan on Monday on a two-day visit aimed at enhancing bilateral economic cooperation. (Supplied)
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Updated 15 April 2024
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Saudi FM visits Pakistan to strengthen economic ties

  • Prince Faisal leads high-level delegation to consult on next stages of investment and issues of implementation
  • Pakistani state media reported that Saudi Arabia was likely to invest $1bn in a mine project in Balochistan province

ISLAMABAD: Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan arrived in Pakistan on Monday on a two-day visit aimed at enhancing bilateral economic cooperation, with local media widely showing footage of him being received by Pakistani Foreign Minister Ishaq Dar.

The Saudi foreign minister’s visit comes a little over a week after Crown Prince Mohammed bin Salman met Pakistani Prime Minister Shehbaz Sharif in Makkah and reaffirmed the Kingdom’s commitment to expedite an investment package worth $5 billion that was previously discussed. 

On his arrival at the Nur Khan air base in the garrison town of Rawalpindi, the Saudi foreign minister, who is leading a high-level delegation comprising several top ministers, was given a red-carpet welcome by Pakistani officials.

“A week after Prime Minister Shahbaz Sharif’s visit to Saudi Arabia (April 6-8), a high-level delegation of Saudi Arabia is coming to Pakistan,” the Pakistani Information Ministry said in a statement.

“The Saudi delegation will consult on the next stages of investment and implementation issues,” the statement added, saying Saudi Arabia’s planned investment in the Reko Diq gold and copper mining project would also be discussed during the visit.

On Sunday, Pakistani state media reported that Saudi Arabia was likely to invest $1 billion in the mine project in Pakistan’s southwestern Balochistan province, one of the world’s largest underdeveloped copper-gold areas.

Riyadh was also interested in investing in agriculture, trade, energy, minerals, IT, transport and other sectors in Pakistan, the statement said.

“As a result of this visit, Pakistan’s export capacity will increase, joint ventures will be launched and new opportunities will be paved.”

The Pakistani foreign office said last week that the Saudi delegation would comprise the foreign minister, minister of water and agriculture, minister of industry and mineral resources and deputy minister of investment, as well as senior officials from the Saudi energy ministry.

The Saudi delegation is expected to hold meetings with the Pakistani president, the prime minister, the foreign minister and other ministers, as well as the army chief and members of the apex committee of Pakistan’s Special Investment Facilitation Council, set up last year to oversee all foreign funding.


KSrelief sends aid to Sudan and Pakistan

Updated 4 min 17 sec ago
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KSrelief sends aid to Sudan and Pakistan

  • Agency provided 956 food parcels, benefitting nearly 5,500 people in Sudan
  • Nearly 600 shelter kits distributed in Pakistan's Gwadar to 4,000 people

Saudi Arabian aid agency KSrelief distributed hundreds of food aid packages and shelter kits to thousands most in need in Sudan and Pakistan, state news agency SPA reported on Tuesday.

The agency provided 956 food parcels, benefitting nearly 5,500 people in Sudan, while nearly 600 shelter kits were distributed in the Gwadar district of Pakistan’s Balochistan province, benefitting more than 4,000 people.

The assistance is part of a series of relief and humanitarian projects implemented by KSrelief across the world.


Saudi, Japan discuss ties at Vision 2030 business forum in Tokyo

Updated 17 min 35 sec ago
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Saudi, Japan discuss ties at Vision 2030 business forum in Tokyo

  • Focus on mutual investment growth, says Saudi official
  • Manufacturing, entertainment and health are key areas

TOKYO: The Saudi Arabia-Japan Vision 2030 Business Forum began in Tokyo on Tuesday with over 300 industry officials and leaders set to discuss ways to boost trade, investment and cultural ties.

In her keynote speech, Sara Al-Sayed, Saudi Arabia’s deputy minister of international partnerships at the Ministry of Investment, outlined plans for further collaboration between the two nations.

“Under the Saudi-Japan Vision 2030, we aim to take this partnership to a new level,” she said. “We want to leverage our mutual strengths, drive sustainable mutual economic growth, enhance technological innovation, and promote cultural exchange. We will be able to unlock the potential to expand the Japan partnership to be a key driver of growth.”

She added: “We have noticed in the last decade the strength of the partnership between Saudi Arabia and Japan. Over the last decade alone, the number of companies that have been established in Saudi Arabia by the Japanese has doubled and we have over 50 headquarters that have been established in Saudi Arabia. This forum will act as a catalyst to accelerate this growth and translate interest into investment.”

Sessions at the forum include “Forging stronger manufacturing collaboration between KSA and Japan,” “Collaboration in the new era of sustainability and circular economy,” “Reinventing entertainment and gaming industries across borders,” and “Expanding the area of cooperation in healthcare.”


KSrelief sends aid to Sudan and Pakistan

Updated 21 May 2024
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KSrelief sends aid to Sudan and Pakistan

Saudi Arabian aid agency KSrelief distributed hundreds of food aid packages and shelter kits to thousands most in need in Sudan and Pakistan, state news agency SPA reported on Tuesday.

The agency provided 956 food parcels, benefitting nearly 5,500 people in Sudan, while nearly 600 shelter kits were distributed in the Gwadar district of Pakistan’s Balochistan province, benefitting more than 4,000 people.

The assistance is part of a series of relief and humanitarian projects implemented by KSrelief across the world.


KSrelief to install water desalination plant at Mogadishu hospital

Updated 21 May 2024
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KSrelief to install water desalination plant at Mogadishu hospital

RIYADH: Saudi Arabia’s aid organization KSrelief on Monday signed an agreement to install a water desalination plant at the kidney dialysis center of Banadir Hospital in Mogadishu.

The initiative in Somalia’s capital will benefit 270 individuals.

KSrelief’s Assistant Supervisor-General of Operations and Programs Ahmed bin Ali Al-Baiz signed the agreement at the center’s headquarters in Riyadh.

Elsewhere, KSrelief on Saturday distributed 585 shelter bags in Gwadar district in Pakistan’s Balochistan province, benefiting 4,095 families in the flood-affected areas.

The program is a part of KSrelief’s third phase of support for vulnerable people in Pakistan.

Also, KSrelief on Saturday distributed 956 food baskets to displaced families in the north of Sudan, benefiting 5,497 individuals. This is a part of the second phase of KSrelief’s food-security project in the country.


Digital wellbeing summit at Ithra to confront technology’s dangers, advantages

Updated 20 May 2024
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Digital wellbeing summit at Ithra to confront technology’s dangers, advantages

  • Event at Ithra will have over 110 digital experts, 70 speakers from 20 countries

DHAHRAN: After a two-year hiatus, the second Sync Digital Wellbeing Summit 2024 returns to the King Abdulaziz Center for World Culture, or Ithra, this week for discussions and debates by world-leading experts.

Scheduled for May 22 and 23, Ithra will be buzzing with all things that merge technology and wellness, and will feature 110 digital experts and 70 speakers from 20 countries.

The second Sync Summit is scheduled for may 22 and 23, and Ithra will be buzzing with all things that merge technology and wellness. (Supplied)

“The Sync Summit 2024 is not just another conference. It’s a platform for meaningful discussions, critical reflections, and collective actions for a better digital future,” said Wadha Al-Nafjan, head of digital wellbeing at Sync. “As we navigate the digital paradox, it is vital to recognize our responsibility in shaping the world we want to live in.”

Topics including algorithmic homogenization and identity loss, AI’s impact on the creative industries, and misinformation will be tackled under the theme “Confronting the Digital Paradox.”

The second Sync Summit is scheduled for may 22 and 23, and Ithra will be buzzing with all things that merge technology and wellness. (Supplied)

The summit will be held at the Ithra headquarters in Dhahran, with a live stream available.

Day one, organized around the sub-theme “Cuts Both Ways: Wrestling with the Tensions of the Digital Era,” includes seven panels, two fireside chats and two keynote talks.

It’s a platform for meaningful discussions, critical reflections, and collective actions for a better digital future.

Wadha Al-Nafjan, Head of digital wellbeing at Sync

Day two, centering on the sub-theme “A Digital Renaissance: Shaping Our Relationship with Digital for a Better Future,” will have eight panels and three keynotes. In addition, it will have the Sync Spotlight series finale, for which creative influencer Omar Farooq will screen his new documentary, “The Dark Side of Japan.”

Although there was no summit last year at Ithra, the Sync team conducted extensive research globally that led to some compelling findings.

Wadha Al-Nafjan, Head of digital wellbeing at Sync

According to their research, 81 percent of those surveyed are concerned about the unsolicited collection of their personal data, 53 percent struggle to maintain boundaries between their work and personal lives, while 66 percent believe that the internet needs more regulation. About 73 percent of participants think social media was designed to be addictive.

Furthermore, the average time spent online daily has gone down, compared with 2021. About 68 percent claim to understand AI, 87 percent think technology is allowing people to work and study more flexibly, and 91 percent use digital devices to access resources including books and tutorials.

The second Sync Summit is scheduled for may 22 and 23, and Ithra will be buzzing with all things that merge technology and wellness. (Supplied)

“Never before has the world been so connected to everything and everyone. We know technology has improved our lives, but it also has the painful potential to distract and harm,” Ithra said in a statement to Arab News. The summit’s activities are geared toward “ensuring that we as humans come together to keep digital technology in check and working towards the greater good, safeguarding its future, and our own.”

The event will bridge the gap between academic research, industry practices, and end-users regarding digital wellbeing through a variety of sessions.

Sync Spotlight

A series of sessions will run in parallel to the two-day Sync Summit stage program, offering greater interaction between speakers and audience members.

Sync Action Forum

The worldwide Gen Alpha Forum, an initiative developed by Sync Research with McCann Worldgroup, will see the community expand to include Saudi Arabia parents of Gen Alpha children, as well as educators, and other Gen Alpha stakeholders.

Majlis

In partnership with Johns Hopkins, which has a local hospital at Aramco, the Majlis will host three sessions exploring digital wellbeing with educators, researchers and students.

The Plaza

The gamified experience will dive into the findings compiled by the Sync Research team through the lens of three projects which were developed with partners Horizon Group, PSB and McCann Worldgroup.

Sync Immersive

In this interactive journey, the organizers promise to provide a three-step experience designed to impact participants’ emotions and understanding, while guiding them into navigating the complexities of digital ethics.

Podcast

The booth experience will serve both as a studio to record live podcast episodes hosted by Mo Gawdat, formerly of Google, and as a multi-functional space for hosting media interviews. Saudi Arabia’s Mohammed Islam, host of the English-language podcast, The Mo Show, will also be present.

Other notable speakers this year include US data scientist and AI specialist Rumman Chowdhury; Saudi Arabia athlete, FIFA World Champion and owner of an esports team, Abdulaziz Alshehri; and Apple Inc. co-founder Steve Wozniak.

One May 21, Ithra will host the Global Digital Wellbeing Assembly, a gathering of experts from across the Kingdom and the globe to discuss the guiding objectives and roadmap for a new digital wellbeing society.

Registration is now open and attendance is free.