Saudi Investment Authority participates in ArabNet Riyadh conference

Updated 12 December 2018
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Saudi Investment Authority participates in ArabNet Riyadh conference

  • The participation included a presentation on the most significant investment opportunities in digital business

RIYADH: The Saudi Arabian General Investment Authority participated in the ArabNet Riyadh 2018 Conference held in Riyadh, under the theme of “Rise of the Innovation in the Kingdom,” which started on Wednesday.

The participation included a presentation on the most significant investment opportunities in digital business, to business leaders, entrepreneurs and investors.

The presentation explained the role of the authority in providing support to investors, and attracting them to invest in the Saudi Arabian market, as well as the opportunities currently available in the sector, in line with Saudi Arabia’s Vision 2030.

It also touched upon the challenges which investors may face and how to deal with them.

Director of Business Development at the General Authority for Investment Omar Rabhan chaired a session called the “Growth in Saudi Arabia — Supported by the Investment Authority.”


Iranian regime continues to feed sectarianism: Saudi deputy defense minister

Updated 24 April 2019
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Iranian regime continues to feed sectarianism: Saudi deputy defense minister

  • “We have to choose between the chaos that Iran spreads and stability, security and development,” he said
  • Delegation led by Prince Khalid bin Salman bin Abdulaziz in Russia for an official visit

DUBAI: Saudi Arabia’s Deputy Defense Minister Khalid bin Salman said the Iranian regime continues to feed sectarianism and disrespect international laws at the eighth Moscow Conference on International Security on Wednesday.

“We have to choose between the chaos that Iran spreads and stability, security and development,” he said adding that “Iran is spreading chaos in the region through destruction and bloodshed, and by supporting the militias of Hezbollah and Houthis.”

“Houthi militias continue to violate the resolutions of the Security Council and the Stockholm Agreement, ignored UN resolution 2216 and the Gulf initiative…our goal is to achieve stability for Yemeni citizens under a legitimate government,” he said.

The deputy defense minister also said that the Kingdom is witnessing today an unprecedented transformation and development to achieve the vision 2030.

A delegation led by Prince Khalid bin Salman bin Abdulaziz, the Saudi deputy minister of defense, has arrived in Russia for an official visit on Tuesday, during which the members will take part in the eighth Moscow Conference on International Security and hold a number of meetings.

Prince Khalid was welcomed by Saudi Ambassador to Russia Dr. Raed Qurmali, military adviser Maj. Gen. Talal Al-Otaibi and Military Attache Gen. Mohammad Al-Mutairi, along with the deputy chief of staff of the Russian defense ministry and other civilian and military officials.