UAE, KSA to explore entrepreneurial opportunities in the two countries

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Sheikh Shakhbout bin Nahyan bin Mubarak, UAE ambassador to Saudi Arabia, underlined that the UAE and Saudi Arabia have strategic relations. (Supplied)
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Sheikh Shakhbout bin Nahyan bin Mubarak, UAE ambassador to Saudi Arabia, underlined that the UAE and Saudi Arabia have strategic relations. (Supplied)
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Sheikh Shakhbout bin Nahyan bin Mubarak, UAE ambassador to Saudi Arabia, underlined that the UAE and Saudi Arabia have strategic relations. (Supplied)
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Sheikh Shakhbout bin Nahyan bin Mubarak, UAE ambassador to Saudi Arabia, underlined that the UAE and Saudi Arabia have strategic relations. (Supplied)
Updated 26 June 2018
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UAE, KSA to explore entrepreneurial opportunities in the two countries

JEDDAH: Sheikh Shakhbout bin Nahyan bin Mubarak, UAE ambassador to Saudi Arabia, underlined that the UAE and Saudi Arabia have strategic relations based on solid foundations of unity, joint vision, objectives and cooperation.
This came during the entrepreneurship meeting hosted by the Jeddah Chamber of Commerce and Industry (JCCI) on Tuesday, at its headquarters.
The UAE ambassador reviewed the highlights of entrepreneurial opportunities available in the two countries, pointing out that the small and medium-sized projects sector is important in that it promotes the country’s future and develops its economy on the internal scenes.
He pointed out that the country signed 20 memorandums of understanding with Saudi Arabia to tackle areas of priorities and kick-start the implementation phase of the “Strategy of Resolve” that aims to create a model of integration and cooperation between the two countries.
Moreover, Shakhbout wished for further cooperation in small and medium-sized enterprises and for the adoption of the creative Saudi experience in this area.
“A bright future awaits the two countries with big investment and development initiatives, based on solid foundations of unity, joint vision, objectives and cooperation,” he said.
Mazen Batterjee, deputy chairman of the JCCI, said: “Entrepreneurship in Saudi Arabia is a key element for economic development, as per Vision 2030, especially now that the Kingdom is well ranked in the entrepreneurship index worldwide.”
He proposed to establish a youth work council affiliated to Jeddah chamber for entrepreneurs in Saudi Arabia and the UAE.
Thamer Al-Farshouti, head of the JCCI’s entrepreneurship committee, tackled the efforts exerted by the committee to serve this broad sector which is the lifeblood of any nation’s economic structure.
“The committee has strived to eliminate barriers to entrepreneurs, explore different opportunities and adopt the ideas and creations of entrepreneurs, and turn them into successful projects,” he concluded.


Saudi heritage chief launches Korean exhibition in Riyadh

Updated 19 December 2018
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Saudi heritage chief launches Korean exhibition in Riyadh

RIYADH: Prince Sultan bin Salman, the president of the Saudi Commission for Tourism and National Heritage, officially opened an exhibition in Riyadh showcasing Korean history and culture. He was joined at the event by Professor Bae Kidong, the director general of the National Museum of Korea in Seoul, and Korean Ambassador to Saudi Arabia Jo Byung-Wook.
Titled “Korean History and Culture: an Enchanting Journey to the Korean Civilization,” the exhibition — which will be at the National Museum until March 7, 2019 and is the first of its kind in Saudi Arabia — features rare artifacts that showcase Korean archaeology, civilization and folklore, as well as a selection of exhibits from the Korean National Museum.
Prince Sultan said that such cooperation in the field of culture and archaeology is very important, especially since Korea has a great and ancient culture, and given its important relationship with Saudi Arabia through the years.
On behalf of the Korean government and people, Prof. Bae expressed his sincere appreciation to the Kingdom for hosting the exhibition.