France offers high-quality education to Saudi youths

Jean-Yves Le Drian, French minister of Europe and foreign affairs, speaks at the Misk Global Forum on Thursday. (AN photo by Ahmed Fathi)
Updated 17 November 2017
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France offers high-quality education to Saudi youths

RIYADH: Jean-Yves Le Drian, French minister of Europe and foreign affairs, on Thursday stressed the urgent need to conserve and protect the environment.
Delivering the keynote address on the last day of the Misk Global Forum 2017 in the Saudi capital, he said that using new technology and renewable energy is an inspiration to the world.
Renewable energy — sunlight, wind, rain, tides, waves and geothermal heat— is preferred since it does not pollute or exacerbate environmental pollution.
He said that understanding the environmental problem is not “really an option but a necessity,” adding that “we must be open to dialogue to discuss it.”
Le Drian added that Saudi youths travel to study abroad and learn as well as get training from French companies.
“The Saudi youth are an engine of growth in creating new companies if and when they come back to the Kingdom,” the French foreign minister said.
He said that his country is a land of culture, has several top schools, and is undergoing a massive digital transformation.
“We want to be an active participant in the digital revolution,” he said, adding that French companies hire youths under 30 years of age.
The minister said his government is creating a suitable atmosphere for creativity for Saudi youths if and when they decide to work and live in France.
Saudi Arabia wants to be a major partner in French firms and the Misk Foundation makes this possible, he said.
He said that the initiatives of the Misk Foundation in various fields should be a source of ideas in developing further and stronger relationships between France and Saudi Arabia.
Through the initiative of Crown Prince Mohammed bin Salman, this source of ideas is needed to develop the skills and knowledge of the youth, said the minister.
This will also engender improved bilateral ties between Saudi Arabia and France, he added.


‘Davos in the Desert’ brings 150 global leaders to Riyadh

Updated 16 October 2018
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‘Davos in the Desert’ brings 150 global leaders to Riyadh

  • The Future Investment Initiative (FII) runs from Oct. 23 to 25
  • The three key themes of this year’s event are investing in transformation, technology as an opportunity, and advancing human potential

RIYADH: The Public Investment Fund (PIF) of Saudi Arabia has revealed the program for a high-profile gathering of global leaders, business chiefs and innovators in Riyadh next week.

The Future Investment Initiative (FII) runs from Oct. 23 to 25 with US Treasury Secretary Steve Mnuchin and IMF Managing Director Christine Lagarde among those scheduled to take part.

More than 150 speakers from 140 different organizations have confirmed their attendance for the event which was hosted for the first time a year ago and was quickly dubbed “Davos in the Desert” — a reference to the annual World Economic Forum hosted each year in the Swiss resort.

The three key themes of this year’s event are investing in transformation, technology as an opportunity, and advancing human potential.



“FII is a global platform focused on identifying future economic trends and opportunities, defining the future of industries and discussing how investment can contribute to overall global prosperity and development,” the PIF, Saudi Arabia’s sovereign wealth fund, said on Monday.

“Ten years on from the global financial crisis, the world is undergoing a period of large-scale economic and technological transformation. FII will convene global leaders, investors and innovators to discuss how businesses, governments and global institutions can work together to drive long-term growth and prosperity.”

The next installment of FII will include a panel called “One World” — a look at how leaders from business and government develop a collective vision for the future.

Other sessions cover digital currencies, capital flows, market drivers, immersive technology, sustainability and giga-projects such as NEOM, the vast development announced at last year’s FII.