A royal welcome for first Iraqi Hajj pilgrims at Arar crossing

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Northern Borders Region Gov. Prince Faisal bin Khalid (left) welcomes the first batch of Iraqi pilgrims on their arrival in the city of Arar on July 28, 2018. (SPA)
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The first Iraqi Hajj pilgrims traveling by land arrive in Arar, Northern Borders Region, on July 28, 2018. (SPA)
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Border Guards, Boy Scouts and other government workers are assembled in Arar for a briefing on the arrival of the first Iraqi pilgrims. (SPA)
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Northern Borders Region Gov. Prince Faisal bin Khalid (left) welcomes the first batch of Iraqi pilgrims on their arrival in the city of Arar on July 28, 2018. (SPA)
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Northern Borders Region Gov. Prince Faisal bin Khalid (right) welcomes the first batch of Iraqi pilgrims on their arrival in the city of Arar on July 28, 2018. (SPA)
Updated 29 July 2018
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A royal welcome for first Iraqi Hajj pilgrims at Arar crossing

  • Arar is a traditional stopover of Iraqi pilgrims traveling to Saudi Arabia by land for Hajj

JEDDAH: The first 2018 Hajj pilgrims from Iraq received a royal welcome at the Arar border crossing on Saturday from Prince Faisal bin Khalid bin Sultan, governor of the Northern Borders.

“I had the honor to convey the greetings of King Salman and Crown Prince Mohammed bin Salman to the Iraqi pilgrims and I was pleased with the determination, efforts and accuracy of those working at the checkpoint after receiving a positive feedback from the pilgrims themselves,” Prince Faisal said.

“King Salman, the crown prince, the minister of interior and the Saudi people are all keen to provide the visitors with the best services and facilitate their journey.

“The Kingdom has harnessed all available resources and established great projects in Makkah and Madinah in order to serve the pilgrims properly.”

Prince Faisal also praised the Saudi volunteers for their work with the Hajj pilgrims, which he said reflected the true image of volunteerism among young people.

 


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

Updated 18 June 2019
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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.