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Almoqbel is the first Arab ambassador to the WTO to preside over the TPRB.
The World Trade Organization General Council has selected Saudi Arabia’s Ambassador to WTO Saqer Abdullah Almoqbel to chair its Trade Policy Review Body for 2023-2024.
Almoqbel is the first Arab ambassador to the WTO to preside over the TPRB.
The TPRB aims to facilitate the efficient operation of the multilateral trading system by increasing the transparency of WTO members’ trade policies. All members are subject to review every two to six years under the mechanism.
Periodically, the agency releases reports on the global economy, including detailed chapters examining the trade policies and practices of each member, as well as descriptions of the trade policymaking institutions and the macroeconomic environment.
Saudi Arabia’s new position at TPRB reinforces its leadership position within the WTO. In addition to being the organization coordinator for the Arab group, the Kingdom has chaired the Council for Trade in Services, the Council for Trade-Related Aspects of Intellectual Property Rights, the Working Group on Transfer of Technology, and the Committee for Balance of Payments Restrictions in previous years.
source/content: arabnews.com (headline edited)
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Saudi Arabia’s Ambassador to WTO Saqer Abdullah Almoqbel presents his credentials to Deputy Director-General Yi Xiaozhun in 2020. (WTO)
A new modern landmark in the capital of the Kingdom, the Light Ball, has been named by Guinness World Records as the largest illuminated LED ball in the world, with an estimated height of 35 meters.
Located at Boulevard World, the exterior of the ball emanates bright lighting that flickers in different patterns, while the interior boasts a 220-seat theater equipped with state-of-the-art features.
Guests can recline in their seats facing a 360-degree circular screen. The short films presented in the theater are five minutes long, with varying genres suitable for families to enjoy. The shows run every 30 minutes daily from 3:30 p.m. to 10:30 p.m.
In addition to cultural experiences, Boulevard World includes the largest artificial lake in the world. Visitors can take part in boat and submarine rides in the lake — a first for Riyadh Season.
There are also distinctive entertainment options, such as Combat Village, Super Hero, the largest sphere in the world and cable car trips between Boulevard World and its neighboring zone, Boulevard Riyadh City.
The zone offers visitors other entertainment experiences as well, such as Boulevard Pier, Discovery, Realistic Monopoly, The Mountain, Area 15, Ninja Warriors and Fun Zone for children.
source/contents: arabnews.com (headline edited)
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Located at Boulevard World, the exterior of the ball emanates bright lighting that flickers in different patterns, while the interior boasts a 220-seat theater equipped with state-of-the-art features. (Supplied)
A consignment of blue ammonia has left Saudi Arabia for South Korea, representing a new milestone in the development of decarbonization solutions.
The development was first announced during the recent Saudi Green Initiative conference in Sharm El-Sheikh, and Vessel Seasurfer, carrying 25,000 metric tons (25 KMT) of low-carbon blue ammonia, is expected to reach its destination between Dec. 9 and 13 in the world’s first commercial shipment of its kind.
The accomplishment, which is an alternative to conventional gray ammonia, is part of a collaboration between Saudi Basic Industries Corporation Agri-Nutrients and Aramco.
Lotte Fine Chemical, which has a long-standing relationship with SABIC AN, will receive the low-carbon “cradle to gate” blue ammonia.
Abdulrahman Shamsaddin, SABIC AN CEO, said: “This shipment is another milestone in our journey toward carbon neutrality.
“We are proud to be a part of this pioneering solution, paving the way for further decarbonization efforts.
“Looking to the future, we are constantly working on breakthrough solutions to decarbonize our assets and deliver low-carbon solutions to our customers.”
Yong Suk Kim, LFC CEO, said: “We are delighted to enter this meaningful agreement with our long-term supplier, SABIC Agri-Nutrients, to receive the world’s first certified blue ammonia cargo.
“Building on our shared history, we are looking forward to moving forward together into a new era for ammonia. We believe that this shipment of blue ammonia will help lay the foundations for a global supply chain.”
Earlier this year, SABIC AN and Aramco received the world’s first independent certifications, recognizing blue ammonia and blue hydrogen production, from TUV Rheinland, a leading independent testing, inspection and certification agency, based in Germany.
The shipment of blue ammonia to South Korea will be the first to capitalize on this major certification achievement.
The new developments are aligned with Saudi Vision 2030, which focuses on low-carbon fuels, products, solutions and clean energy.
Saudi Arabia was first vice-chair of the executive council for 2022.
Saudi Arabia’s Ministry of Tourism has announced the election of the Kingdom as chair of the executive council of the United Nations World Tourism Organization for 2023.
The announcement was made at the 117th session of the organisation’s executive council being held in Marrakesh, making the Kingdom the first Gulf country to hold the post.
“The Kingdom is honored to be elected as chair of the World Tourism Organization’s executive council and we believe in the importance of the organization’s pioneering role. We look forward to cooperating with all countries to support and develop the global tourism sector,” the Minister of Tourism Ahmed Al-Khateeb said.
He added that the Kingdom has been an active member of the organization by launching initiatives, supporting new ideas, and opening the organization’s first regional office in Saudi Arabia to promote its agenda and work in the Middle East and beyond.
“At the heart of the UNWTO is a desire to promote tourism as a catalyst of economic development, which Saudi Arabia wholeheartedly supports. We have committed $800 billion of government investment into the Saudi tourism industry by 2030.
“Our imperative is that the development we seek, both as a nation and globally, is sustainable, inclusive and resilient. That’s how we will address the fast-changing needs of businesses, communities and the planet,” Al-Khateeb said.
As chair, Saudi Arabia will set the agenda for all meetings, ensuring that it captures the most pressing issues and concerns for the tourism industry. It will facilitate and moderate meetings effectively, chair dialogue and encourage actionable outcomes.
More than 9,000 people signed up online to learn first aid within 24 hours of the campaign launching.
The Saudi Red Crescent Authority has received a Guinness World Record for its “Saving a Soul” awareness campaign after 9,836 people signed up to learn first aid within 24 hours.
More than 9,000 people signed up online to learn first aid and how to use automated external defibrillators within 24 hours of the campaign launching, Saudi Press Agency reported.
Spokesperson for the Saudi Red Crescent Authority, Abdulaziz Al-Suwaine, said the campaign was held at Riyadh Front and witnessed a big turnout from both citizens and residents who showed true willingness to learn first aid and ways to use AEDs.
The authority has installed defibrillators in several public places to help save lives, he added.Al-Suwaine said the campaign’s success in attracting such a large number of people in a short amount of time shows how responsible Saudi society is and the will of its individuals to be influencers at the humanitarian level.
source/content: arabnews.com (headline edited)
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The Saudi Red Crescent Authority receives a Guinness World Record for its “Saving a Soul” awareness campaign. (SPA)
Al-Ahsa, the world’s largest date palm oasis, is generating a new era of prosperity following the launch of a new development authority.
On May 12, the Kingdom formed the board of directors for the Al-Ahsa Development Authority, headed by Prince Ahmed bin Fahd bin Salman, deputy governor of the Eastern Province.
The move aims to enhance the governorate’s potential while helping develop the tourism, heritage and cultural aspects of Al-Ahsa.
The authority will create a balanced and sustainable development environment that supports the governorate’s economy and promotes development, modernization and diversity, according to the state press agency.
“The decision reflects the leadership’s keenness to invest in the comparative advantage of Al-Ahsa and to utilize it in economic projects that will align with Vision 2030,” Ibraheem Alshekmubarak, secretary-general at Al-Ahsa Chamber of Commerce, said in an exclusive interview with Arab News.
The city of 1.3 million people was included in the UNESCO Creative Cities Network in 2018.
UNESCO said: “The city has an ancient tradition of handicrafts, considered cultural and social practices passed on from generation to generation.
“Around 50 expressions of crafts and folk art have remained throughout the city’s history and bear witness to Al-Ahsa’s scenic wealth, including textiles from palm trees, pottery, weaving and joinery.”
Boosting tourism
The governorate hosts 36 weekly open markets and stages several festivals a year.
“When we talk about tourism in Al-Ahsa, we are talking about agricultural, heritage and natural tourism,” Alshekmubarak said.
In February 2022, the Ministry of Tourism launched a high-profile investment conference in the city called Destination Tomorrow. The conference showcased Saudi destinations to local investors and international operators.
“Post pandemic, people are a little bit more conservative internationally regarding cross-border investment. But we are proving to be a destination attracting quite a decent amount of interest,” Mahmoud Abdulhadi, Saudi Arabia’s deputy minister for investment attraction, told Arab News.
The Kingdom seeks to generate 10 percent of the gross domestic product from the tourism sector and to attract over 100 million visitors by the end of this decade, creating an additional 1 million jobs in the sector.
“We want to make the sector stand on its own two feet. So we are keen on large private sector investment to come in, even as we are mindful that the whole sector is built on small and medium enterprises,” added Abdulhadi.
The city’s chamber of commerce led several initiatives to support SMEs, monitoring the sectors most affected by the pandemic to keep them formulating plans and drawing strategies that help them overcome the damage.
“Al-Ahsa Chamber organized a set of development initiatives and advisory services provided to entrepreneurs through the Prince Ahmed bin Fahd bin Salman Center for Business Development,” Alshekmubarak added.
Airport expansion
Al-Ahsa airport’s capacity will more than double the expectations of fast regional growth, Fahad Alharbi, the CEO of Dammam Airports Co., said in an earlier interview with Arab News.
The city’s airport has a capacity of around 400,000 passengers but aspires to reach 1 million, Alharbi added.
Saudi Aramco mainly uses the facility, but before the pandemic struck, there was commercial activity from two or three local destinations and another two or three international sites.
“With the economic and tourism boom expected in Al-Ahsa, the development of Al-Ahsa International Airport is the most in need of projects at present,” said Alshekmubarak.
Business destination
The city is already growing in businesses as the Ministry of Municipal Rural Affairs and Housing announced in June that the investment opportunities in the city increased by 53 percent in 2021, with 362 available options on its online portal.
The total value of these investments exceeded SR275 million, Essam Al-Mulla, the mayor of Al-Ahsa, told Arab News.
The available opportunities in the portal in 2022 already reached 112 investments, said the Saudi Minister of Municipal Rural Affairs and Housing Majid Al-Hogail, according to the Saudi Press Agency.
source/content: arabnews.com (headline edited)
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Investment opportunities in the city increased by 53 percent in 2021, with 362 available options on the ministry’s online portal. (Supplied)
Saudi Aramco has been named one of the top 100 global innovators by American analytics company Clarivate.
In its report titled “Top 100 Global Innovators 2022,” Clarivate revealed that Saudi Aramco is the first-ever company from the Middle East and North Africa region to be placed in the list.
“The regional diversity continues to increase, with the first-ever Middle Eastern list entry via energy firm Saudi Aramco,” wrote Clarivate in the report.
Apart from Saudi Aramco, other new entrants to the list are China’s Alibaba, Germany’s Continental, US’ General Motors, South Korea’s Hyundai Motors and Kia Motors, US’s Philip Morris International, and UK’s Rolls-Royce.
Clarivate added that companies have been included in the list based on factors like influence, success, globalization, and technical distinctiveness.
source/content: arabnews.com (headline edited0
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Apart from Saudi Aramco, other new entrants to the list are China’s Alibaba, Germany’s Continental, US’ General Motors, South Korea’s Hyundai Motors and Kia Motors, US’s Philip Morris International, and UK’s Rolls-Royce.
Tabuk Gov. Prince Fahd bin Sultan honored Itizaz Alnefaie, the primary school pupil from Tabuk International Schools who won second place in this year’s Worldwide Mental Arithmetic Competition, recently held in Egypt’s Sharm El-Sheikh.
Alnefaie broke the world record by solving 100 maths problems, testing herself against the clock.
He congratulated Alnefaie for this achievement, wishing her more success, noting the Saudi leadership’s support for outstanding students in all scientific fields.
“I’m pleased to meet you and everyone is proud of your achievement,” Prince Fahd said, praising the efforts made by Alnefaie’s parents and teachers, who created the environment for her to reach excellence, and who supported her talent. He also wished her and all of Tabuk’s students future success.
The prince then offered Alnefaie his personal pen as a gift. The head of Tabuk International Schools, Maram Al-Atwi, praised Prince Fahd for the achievement, which comes as a result of his great support for the education sector in Tabuk, noting that this success is an extension of the local and international achievements made by public school students from all Saudi regions.
Hundreds of talented pupils representing more than 25 countries, including Saudi Arabia, participated in this year’s competition.
Solving a math problem might take most people a few minutes. However, Alnefaie takes just a second or two.
source/content: arabnews.com (edited)
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Tabuk Gov. Prince Fahd bin Sultan honors Itizaz Alnefaie, the primary school pupil from Tabuk International Schools. (SPA)
Saudi Arabia has officially unveiled a special Riyadh Season stamp that set a new Guinness World Record.
Measuring an incredible 64 square feet 7 square inches, it broke the record for the biggest special stamp in the world on Feb. 14. The public finally got a glimpse of it when Saudi Post displayed it at Boulevard Riyadh City, one of the special Riyadh Season zones.
“By revealing this stamp, the world’s largest special stamp, we broke Walt Disney’s record, set in 2019,” Bandar Al-Toaimi, Saudi Post’s general manager of corporate communications, told Arab News.
“We are so delighted it has been achieved by Saudi capabilities; from concept to design and implementation, it was all done by Saudi talents devoted to Riyadh season.”
The special stamp celebrates Riyadh Season, which was introduced in 2019 and has become one of the biggest events in the Saudi entertainment calendar. The design includes a winter wonderland scene, the Riyadh Season logo, a hot air balloon, a fountain, a racing car and fireworks.
source/content: arabnews.com
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The special stamp is modeled around Riyadh Season, Saudi Arabia’s major event, and features winter wonderland, the Riyadh Season emblem, an airship, a fountain, a race vehicle, and fireworks. (Basheer Saleh)
Yazeed Al-Rajhi (aka) Yazeed Mohamed Al-Rajhi. Rally Driver. Saudi Businessman.
Saudi rally champion Yazeed Al-Rajhi has been honored for winning the FIA World Cup for Cross-Country Bajas title for the first time in his career.
The 40-year-old racer received his award during a prize-giving ceremony at the Carrousel du Louvre, in Paris, after becoming the first driver from the Kingdom to achieve the title in the highest rallying class, along with co-driver Michael Orr of Ireland.
The ceremony in France was attended by 800 driving champions, rising stars, and guests from around the world who saw Jean Todt, ex-president of the International Automobile Federation, hand Al-Rajhi the trophy.
Having claimed the title with Toyota Hilux, Al-Rajhi also thanked official sponsor Abdul Latif Jameel Motors for its unlimited support throughout the season.
His achievement was not only a personal one but also a landmark for Saudi motorsport, as he became the first driver from the country to be honored at the level by the FIA.
source/content: arabnews.com
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Yazeed Al-Rajhi is the winner of the FIA World Cup for Cross-Country Bajas title for the first time. (Frédéric Le Floch/DPPI) / arabnews.com
