Saudi Arabia, Djibouti sign MoUs, agreement

Commerce and Investment Minister Majid Al-Qassabi was present at the signing. (SPA)
Updated 21 April 2017
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Saudi Arabia, Djibouti sign MoUs, agreement

RIYADH: Two memorandums of understanding (MoUs) and a bilateral agreement were signed on the sidelines of a Saudi-Djibouti businessmen forum in Djibouti earlier this week.
The MoUs were signed to rehabilitate King Fahd Road in Djibouti, and a grant was offered to support the health sector there.
The signing took place in the presence of Djibouti President Ismail Omar Guelleh and Saudi Commerce and Investment Minister Majid Al-Qassabi.
Guelleh welcomed Al-Qassabi and his delegation, saying this important event comes within the cooperation framework between the two countries.
The Kingdom has played a great role in supporting Djibouti in all fields since its independence, especially in the economic field, Guelleh added.
“You are our brothers and relatives, and we are keen that you would have priority relevant to investments in Djibouti,” he said.
Al-Qassabi conveyed the greetings of King Salman to the president, government and people of Djibouti.
The Kingdom’s Vision 2030 aims to attract foreign investments, create new markets for Saudi exports and have strategic trade partnerships with foreign countries, Al-Qassabi said.
“Saudi-Djibouti relations have a strong basis because of the Arab-Islamic ties that unite the two countries, in addition to their strategic position in the world,” he added.
“We should try to provide all necessary procedures to facilitate mutual investment, which will be reflected positively in the progress and prosperity of the two brotherly countries.”
Al-Qassabi thanked Guelleh for his kind hospitality, and expressed hope that mutual visits will continue in order to boost bilateral trade and investment.
There were various presentations at the forum for the development of investment, a seaport authority and free zones in Djibouti, as well as for Vision 2030.
The Saudi delegation included representatives of several governmental bodies and business people, including key officials from the Council of Saudi Chambers.


FaceOf: Shoura Council member Lina Khaled Almaeena

Lina Khaled Almaeena
Updated 8 min 47 sec ago
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FaceOf: Shoura Council member Lina Khaled Almaeena

  • Almaeena began her career as a writer and a journalist
  • Almaeena was appointed as a Shoura member in 2016 by King Salman

Lina Khaled Almaeena is Shoura Council member, businesswoman and philanthropist. She was born in Jeddah. She holds a BA in communications from George Mason University in Virginia and a master’s in psychology from the American University in London.

Almaeena began her career as a writer and a journalist. She participated in writing programs for Saudi radio and wrote for Almadinah newspaper.

The Shoura member, an avid sports lover, has been trying to encourage Saudi women’s involvement in the sports sector since her return to the Kingdom in 2000.

She founded Jeddah United, Saudi Arabia’s first private female basketball club, in 2003 and has since established a private company to run sports events and expand the sports scene in Saudi Arabia.

In 2004, she was selected to address the French Senate on International Women’s Day.

Almaeena is a member of the Young Saudi Business Committee and Sports Investment Committee in the Jeddah Chamber of Commerce and Industry and the Kingdom Young Business Women Council.

She was 71st on a list of the 200 Most Powerful Women in the Middle East by Forbes Magazine in 2014. She also won the entrepreneurship award at the Women Leaders Forum in 2010 and is one of the few Saudi women to have climbed Mount Everest.

Almaeena was appointed as a Shoura member in 2016 by King Salman, charged with advising the Cabinet on legislation.

She is a supporter of women entering football stadiums and being more involved with sports.

Earlier, she said: “It’s not simply about the empowerment of women in sports from an athletic point of view. I’m also looking at it from an economic perspective.”

“It’s a golden age for Saudis and, as women, we’ve come a long way. We’re living in an era of historical change, and we’re making up for lost time.”