US Treasury secretary leads Middle East trip focused on combatting terror financing

Treasury Secretary Steven Mnuchin. (AP)
Updated 23 October 2017
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US Treasury secretary leads Middle East trip focused on combatting terror financing

RIYADH: US Treasury Secretary Steven T. Mnuchin will embark on a four-nation trip to the Middle East including Saudi Arabia on Wednesday with plans to discuss combatting terror financing on top of his agenda.
During his stay in Riyadh, Mnuchin will hold talks with top Saudi officials, including Finance Minister Mohammed Al-Jadaan, on a range of bilateral, regional and international issues.
According to the itinerary of the US treasury secretary released on Sunday by the US Embassy in Riyadh: “Mnuchin will commemorate the Terrorist Financing Targeting Center, and deliver the keynote address at the Future Investment Initiative (FII) Summit on Wednesday.” The US secretary will meet top officials of the Kingdom, the UAE, Qatar and Israel during this trip.
“This White House support mission is a follow-up to President Donald J. Trump’s first foreign trip in May, when he visited the region to announce the Terrorist Financing Targeting Center (TFTC) memorandum of understanding,” said the embassy statement.
Mnuchin, accompanied by Undersecretary for Terrorism and Financial Intelligence Sigal Mandelker, will lead the delegation that includes senior Treasury staff to discuss the TFTC partnership, and other initiatives to combat illicit finance.
“While in Saudi Arabia, Mnuchin will commemorate the opening of the TFTC, and meet with his official government counterparts,” said the statement. “The secretary will then proceed to Israel to meet with Prime Minister Benjamin Netanyahu to discuss terrorist financing and other national security issues. After Israel, Mnuchin will then hold meetings on terrorist financing with his counterparts in the UAE and Qatar.”


Jeddah Season provides seasonal employment for young Saudis

Updated 18 June 2019
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Jeddah Season provides seasonal employment for young Saudis

JEDDAH: The Jeddah Season festival has provided a wide range of seasonal employment opportunities for young Saudi men and women, helping them gain experience and prepare them to enter the job market.

More than 5,000 young Saudis are working around the clock, each in his or her field, to manage the festival’s activities.

The festival aims to highlight development opportunities in Saudi Arabia, introduce the Kingdom as one of the most popular tourist destinations in the world, support the government’s efforts to empower Saudi youths, support local small and medium enterprises, develop Jeddah’s tourism sector and provide volunteer opportunities.

Jeddah Season, which began on June 8 and runs until July 18, has attracted thousands of visitors of all ages through its 150 local and international events and activities.

It is being held at five sites: King Abdullah Sports City, Al-Hamra Corniche, the Jeddah Waterfront, Obhur and Historic Jeddah (Al-Balad), which is a UNESCO World Heritage Site.

Jeddah Season offers a wide range of tourism, entertainment and cultural events and activities, and sheds light on the city’s status as the Kingdom’s tourism capital. Most of its events are being held for the first time in Saudi Arabia.

Jeddah Season is in line with the Vision 2030 reform plan, which aims to advance the welfare of Saudi society, diversify local development opportunities, improve the Kingdom’s contribution to arts and culture, and create job opportunities for Saudi youths.