Tribal slurs banned in National Camel Festival

A man leans against a camel during the King Abdulaziz Camel Festival in Rimah Governorate, north-east of Riyadh, Saudi Arabia, Mar. 29, 2017. (REUTERS)
Updated 09 January 2018

Tribal slurs banned in National Camel Festival

The administration of King Abdulaziz Camel Festival has stressed that strict penalties, including the ban from participation, are awaiting those instigating tribal slurs and gatherings that harass visitors and participants of the Festival.
The administration said such practices are totally rejected and unacceptable.
Head of Organization and Field Committees Fawzan Al-Madi said the administration of King Abdulaziz Camel Festival does not prevent gatherings but it makes them legalized and organized adding that there are gatherings which reflect pride while raising Saudi flags, chanting national songs and expressing national unity.
The undesired and negative joy is that which comes through harmful gathering which carries slogans and instigates slurs as it raises flags not the national flag, he said. he said the harmful gathering is that one which hampers work of the security men adding that such excesses will expose their instigators to penalties including their ban from participation. He called on the participants to control their supporters and alert them not to exceed the instructions.
It is to be recalled that excesses in gatherings with camels joining the Festival as they display their skills in front of the jury committee are considered a negative phenomenon which is deplorable by all, whether are participants or visitors, notably if it instigates tribal slurs or carries un-known flags.
The owner of the camel might be banned from the Festival for irregularities, which have already been warned of while the crowded might harm himself or others. To this end, the administration of the Festival and its staff are working to ensure the safety of participants and visitors, he said.

High-level investment forum aims to further boost business between Saudi Arabia and Japan

Updated 18 June 2019

High-level investment forum aims to further boost business between Saudi Arabia and Japan

  • Japan is one of Saudi Arabia’s most important economic partners

TOKYO: More than 300 government, investment and industry leaders on Monday took part in a high-level gathering aimed at further boosting business opportunities between Saudi Arabia and Japan.

The Saudi Arabian General Investment Authority (SAGIA) welcomed key figures from the public and private sectors to the Saudi-Japan Vision 2030 Business Forum, held in Tokyo.

Hosted in partnership with the Japan External Trade Organization (JETRO), the conference focused on the creation of investment opportunities in strategic sectors of the Kingdom. Delegates also discussed key reforms currently underway to enable easier market access for foreign companies.

Speaking at the event, Saudi Economy and Planning Minister Mohammed Al-Tuwaijri, said: “Today’s forum is a testimony to the success of the strategic direction set by the Saudi-Japanese Vision 2030 two years ago, which seeks to drive private-sector involvement, both by partnering with public-sector entities.”

SAGIA Gov. Ibrahim Al-Omar said: “At SAGIA, we have been working on creating a more attractive and favorable business environment in Saudi Arabia, which is making it easier for foreign companies to access opportunities in the Kingdom.”

Japan is one of Saudi Arabia’s most important economic partners. It is the Kingdom’s second-largest source of foreign capital and third-biggest trading partner, with total trade exceeding $39 billion.

JETRO president, Yasushi Akahoshi, said: “Saudi-Japan Vision 2030 has made great progress since it was first announced. Under this strategic initiative, the number of cooperative projects between our two countries has nearly doubled, from 31 to 61, and represents a diverse range of sectors and stakeholders.”

Since 2016, the Saudi government has delivered 45 percent of more than 500 planned reforms, including the introduction of 100 percent foreign ownership rights, enhancing legal infrastructure and offering greater protection for shareholders.

As a result, the Kingdom has climbed international competitiveness and ease-of-doing-business rankings, with foreign direct investment inflows increasing by 127 percent in 2018 and the number of new companies entering Saudi Arabia rising by 70 percent on a year-on-year basis in the first quarter of 2019.