Riyadh, Beijing launch ‘digital silk road’ initiative

Updated 15 December 2017
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Riyadh, Beijing launch ‘digital silk road’ initiative

RIYADH: The Kingdom and China have launched the “Digital Silk Road” initiative.
Dr. Mohammed Al-Mishaigeh, undersecretary of the Ministry of Communications and Information Technology for Saudi Planning and Development, made the announcement during a Saudi delegation’s participation in the World Internet Conference, which concluded recently in Wuzhen City in China.
The name “Silk Road” comes from a historical network of trade routes started during the Han Dynasty (206 BC-220 AD) between Europe, India, China and other countries on the Afro-Eurasian landmass.
The Saudi delegation also held a meeting with the National Development and Reform Commission to activate the terms of a memorandum of understanding (MoU) signed in January 2016.
The MoU was intended to promote and develop the “Digital Silk Road” as well as review the Chinese experience in building smart cities.
Al-Mishaigeh called on the Chinese to boost partnerships and benefit from Saudi investment and geographical capabilities to transfer knowledge and achieve progress in the field of technology, which the Kingdom is betting on as a knowledge economic resource.
Speaking at the conference, Al-Mishaigeh said that Saudi Arabia has started implementing the desired social and economic transformation in accordance with the Vision 2030 plan.
He said that the city of Neom will be the focus of artificial intelligence, automation, manufacturing and renewable energy in the world.
Neom is a $500 billion mega city on the Kingdom’s Red Sea coast, which is part of the national push to diversify the economy.
The 26,500 square meters zone will focus on industries including energy, water, biotechnology, food, advanced manufacturing and entertainment, Saudi Crown Prince Mohammed bin Salman has said.
“Neom will attract private as well as public investments and partnerships. The zone will be backed by more than $500 billion over the coming years from the Saudi Public Investment Fund, local as well as international investors,” he said.
The Saudi delegation also visited the Huawei Research Center in Shanghai to learn about the latest technologies in infrastructure, smart cities and the Chinese experience in enabling the digital economy.
The conference was organized by the Chinese Electronic Space Administration and Zheijiang Province’s government with the participation of leading figures from governments, international organizations, companies, technical sector departments as well as non-government agencies.
 


Saudi Cabinet welcomes Ethiopian, Eritrean peace agreement

King Salman chairs the Cabinet session in Jeddah on Tuesday. (SPA)
Updated 1 min ago
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Saudi Cabinet welcomes Ethiopian, Eritrean peace agreement

  • The king briefed the Cabinet on the results of his meetings with Eritrea President Isaias Afwerki and Ethiopian Prime Minister Abiy Ahmed Ali to sign the Jeddah Peace Agreement
  • The king wished the two countries further security, prosperity and stability

JEDDAH: King Salman chaired the Cabinet’s session at Al-Salam Palace in Jeddah on Tuesday.

The king briefed the Cabinet on the results of his meetings with Eritrea President Isaias Afwerki and Ethiopian Prime Minister Abiy Ahmed Ali to sign the Jeddah Peace Agreement.

King Salman expressed his congratulations to the two countries and said that he hoped the signing of the agreement would be a strong basis for closer cooperation and friendship, achieving security and stability, and would positively affect the security and stability of the region.

The king also congratulated Djibouti and Eritrea on their historic meeting in Jeddah — which came in response to his invitation — wishing the two countries further security, prosperity and stability.

The Cabinet praised the efforts of the two countries’ leaders to restore relations between them to establish a new stage that would witness a great development in relations and further cooperation.

The Cabinet congratulated the king and crown prince on the success of these efforts, which resulted in the signing of the Jeddah Peace Agreement and also the historic meeting between Djibouti and Eritrea after ten years of severed relations. 

The Cabinet praised the resolutions of the 150th ordinary session of the Arab League’s Council at the level of foreign ministers held in Cairo, and the statement issued by the Arab Quartet Ministerial Committee held on the sidelines of the 150th session of the Arab League’s Council, on the follow-up of the crisis with Iran and ways to address its interference in the internal affairs of Arab countries.

The Cabinet highlighted the terrorism practiced by Iran through its interference in Arab affairs, which needs cooperation to confront and deter, reiterating that the Kingdom has made efforts to combat terrorism and has not hesitated to provide support with the cooperation of the international community to address this.

The Cabinet expressed the Kingdom’s strong condemnation of the suicide bombings north of Tikrit in Iraq, the Somali capital of Mogadishu and Nangarhar province in eastern Afghanistan, expressing condolences to the families of the victims, the governments and peoples of Iraq, Somalia and Afghanistan.