Saudi investment authority participates in SIAL Paris 2018

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SAGIA participates in SIAL Paris 2018. (SPA)
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SAGIA participates in SIAL Paris 2018. (SPA)
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SAGIA participates in SIAL Paris 2018. (SPA)
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SAGIA participates in SIAL Paris 2018. (SPA)
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SAGIA participates in SIAL Paris 2018. (SPA)
Updated 26 October 2018
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Saudi investment authority participates in SIAL Paris 2018

  • Participating Saudi entities included the Modon and the Saudi Industrial Development Fund
  • Saudi Arabia’s ambassador to France visited the pavilion, where he expressed admiration for the competitive quality of Saudi products

JEDDAH: The Saudi pavilion at this year’s SIAL (Salon International de l’Alimentation) 2018 in Paris took as its theme “Invest in Saudi Arabia.” The Kingdom was represented by the Saudi Arabian General Investment Authority (SAGIA) at what is one of the food industry’s largest specialized exhibitions, with more than 160,000 visitors this year.
Participating Saudi entities included the Saudi Authority for Industrial Cities and Technology Zones (Modon), the Saudi Industrial Development Fund, the Ministry of Environment, Water and Agriculture, and the National Center of Palm and Dates. They all highlighted the services provided to investors in the Kingdom. The food industry is the most attractive sectors for investment in the Middle East, with an annual growth rate of 6 percent.
Saudi Arabia’s ambassador to France, Khalid bin Mohammed Al-Angari, visited the pavilion, where he expressed admiration for the competitive quality of Saudi products. 
Mazen bin Omar Al-Jasser, of Saudi Exports, stressed the importance of investing in foods in the Kingdom. The Saudi exports in the food sector reached SR14 billion ($3.73 billion) in 2017 and the food sector ranked fourth on the list of non-oil Saudi exports the same year. 
Dairy products, baked goods, sweets, fruit juices and beverages represent 63 percent of food exports. The Gulf and neighboring Arab markets, including the UAE, Kuwait, Jordan, Bahrain, Yemen and Iraq, are among the largest importers of foods from the Kingdom. 
Al-Jasser added that the value of exports in 2017 reached SR1.3 billion ($346.5 million) for fruits and vegetables, SR526 million ($140 million) for grains and SR703 million ($187 million) for dates, including re-exportation. He noted that there is a great opportunity for Saudi products in the international market, especially the sector of dates, since the Kingdom is among the world’s largest producers of dates. 


Ronaldinho plans football academy in Jeddah

Updated 31 min 51 sec ago
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Ronaldinho plans football academy in Jeddah

  • Backstage at Misk Global Forum, Brazilian football legend reveals intention to open school some time next year
  • Player offered advice for audience, speaking about the value of teamwork, learning from failure and the rewards of giving back

RIYADH: Ronaldinho plans to open a football academy in Jeddah some time next year, the Brazilian football legend revealed to Arab News backstage in an exclusive interview after his appearance at the Misk Global Forum on Wednesday.

“First of all, I want to say thank you for a warm reception and kindness which I have received from the Saudi people,” he told Arab News. “As for the kids, those who want to be a player some day, dedicate as much as you can and follow your dreams.”

Earlier, Ronaldinho appeared on stage to a chorus of cheers at the end of the day’s sessions, where he gave a talk titled the Discipline – and Fun – of Teamwork. 

”I was lucky enough to be on a team with stars,” he said of his career with European clubs Paris St-Germain, Barcelona and AC Milan, and a World Cup win in 2002 with the Brazilian national team. “We all respected each other.

“For me it was wonderful, because my history with this team and players was a beautiful one: To idolize them and later play with them and later win titles again…”

Ronaldinho said he feels grateful for his God-given talent. “Throughout my career we had a plan, and I always worked hard. God gave me the privilege to play football. It was fun, not a sacrifice.”

“I’ve always liked to have a ball around me, to have contact with the ball.”

His advice for the audience? “Prepare yourself and help your colleague or team member,” he said. “Humility is important. Try to stay humble.”

He also said to train hard, read as much as you can and don’t fear failure. “I failed a lot of times,” he said. “Football is like that. You can’t always win. You have to seek lessons from the defeats and not lose hope.” 

Now that he’s retired, Ronaldinho is more concerned with giving back. “After I stopped playing, I have soccer academies. That’s what I’m proud of, and it has given me pleasure. To give something back (as a)  thanks to football and everything it have given me.”