Prioritize trade, investment projects, OIC chief urges member states

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OIC Secretary-General Yousef Al-Othaimeen speaking during the meeting of the OIC's Standing Committee for Economic and Commercial Cooperation in Istanbul, Turkey, on Wednesday. (SPA)
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Turkish President Tayyip Recep Erdogan chairs the meeting of the OIC's Standing Committee for Economic and Commercial Cooperation in Istanbul on Wednesday. (SPA)
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Group photo of participants in the meeting of the OIC's Standing Committee for Economic and Commercial Cooperation. (SPA)
Updated 29 November 2018
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Prioritize trade, investment projects, OIC chief urges member states

JEDDAH: Economic restructuring and diversification were key words during a meeting held by a committee at the Organization of Islamic Cooperation (OIC) in Istanbul on Wednesday.
In a speech to the Standing Committee for Economic and Commercial Cooperation (COMCEC), OIC Secretary-General Yousef Al-Othaimeen called for reforms within member states suffering from recession and urged a more holistic development agenda.
The meeting was inaugurated by Turkish President Recep Tayyip Erdogan, who is chairman of COMCEC.
Al-Othaimeen emphasized prioritizing trade and investment projects, which he said may reduce growing unemployment and quell the effects that mass migration is having on national economies.
He praised OIC’s member states’ response to the economic and humanitarian problems faced by some member states, which were the result of increasing political and natural crises.
“Infrastructural and regional integration are key to OIC policymaking, which are in turn being given top priority by member states,” he said.
Development programs designed for Africa and Central Asia have yielded major projects in the trade, energy, agriculture and transport sectors, notably the Arab-Africa trade bridge, the Kazakhstan-Turkmenistan-Iran railway and the Dakar-Port Sudan railway, he added.
Dr. Bandar Hajjjar, president of the Islamic Development Bank, and Rifat Oglu, vice president of the Islamic Chamber of Commerce, Industry and Agriculture, also gave speeches during the meeting.


Formula E’s Felipe Massa races ‘fastest animal on planet’ in Saudi Arabia

Updated 41 min 32 sec ago
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Formula E’s Felipe Massa races ‘fastest animal on planet’ in Saudi Arabia

  • ABB FIA Formula E Championship listens to fans by pitting Gen2 car and Felipe Massa in race against a peregrine falcon in Saudi Arabia
  • Spreading his wings for the first time in Formula E machinery, 90-kilometers south-west of the Ad Diriyah, Massa’s mirrors loomed large with the claws of the peregrine falcon

RIYADH: Formula E driver Felipe Massa behind the wheel of a Gen2 racing car has gone up against a peregrine falcon in a straight fight in Saudi Arabia to outrun the fastest animal on the planet.

It’s not the first time the fully-electric Formula E car has been pitted against a member of the animal kingdom, with reigning champion Jean-Eric Vergne racing a cheetah on the Western Cape of South Africa last year.

Narrowly edging out the fastest land mammal in 2017, Formula E fans asked for a re-match — but this time together with more stern competition. Listening to the feedback of fans on social media, it was the turn of the peregrine falcon, capable of reaching speeds in excess of 350 km/h (217 mph) when diving through the skies above Saudi Arabia.

Massa was in the Kingdom ahead of the 2018 ‘Saudia’ Ad Diriyah E-Prix, which will see the racing legend line-up on the Formula E starting grid for the first time on December 15 at the stunning UNESCO World Heritage site on the outskirts of Riyadh.

For the battle of man and machine vs the natural world, the winged predator was trained to set its sights on a different kind of prey roaming through the desert — with a lure attached to the roll hoop of the advanced new-look Gen2 car.

Spreading his wings for the first time in Formula E machinery, 90-kilometers south-west of the Ad Diriyah, Massa’s mirrors loomed large with the claws of the peregrine falcon. But did he manage to shake off his opponent?

To watch Felipe and the falcon in flying formation, visit — https://youtu.be/ERxeaV60_7g

Felipe Massa, VENTURI Formula E Team driver, said: “It was an incredible experience for me to race against the fastest member of the animal kingdom — it’s not something I will forget in a hurry. I like the fact that this idea came from the fans, and Formula E listened and accepted the challenge.

“The footage from the drive is very special and it was a privilege to take part. I’m looking forward to returning to Ad Diriyah and to start racing. It’ll be my first race in Formula E and I’m eager to get behind the wheel again. I’ve missed racing and this series has shown to be one of the most competitive out there.”

The 2018 ‘Saudia’ Ad Diriyah E-Prix is the opening round of the 2018/19 ABB FIA Formula E Championship and the competitive debut of the Gen2 car and VENTURI Formula E Team driver Felipe Massa.

As well as Formula E action, exciting fan zones, entertainment and cultural attractions, plus unique dining and retail experiences will be awaiting ticketholders at Ad Diriyah, across three days, starting December 13.

That evening, December 13, will see Enrique Iglesias and Jason Derulo kick off the first of three incredible nights of music concerts for fans. The following day, December 14, Arab music legend Amr Diab and globally-renowned pop band Black Eyed Peas will delight the audience. And, on December 15, race day, following the exhilarating 2018 ‘Saudia’ Ad Diriyah E Prix, US smash hit OneRepublic and superstar DJ/producer David Guetta will bring the event to an electrifying finale.

Only fans holding tickets will be able to access the entire Ad Diriyah site, including all the action, fun, and thrilling complimentary concerts.

Tickets are on sale at http://fiaformulae.com/Ad-Diriyah and are also available at Point of Sale units at Riyadh Park Mall, Oud Square and Doos Carting (only Grandstand tickets from Doos) and Seven Car Lounge.