Future opportunities between Saudi Arabia and China are very big: crown prince

China’s President Xi Jinping receives Saudi Crown Prince Mohammed bin Salman at the Great Hall of the People in Beijing. (SPA)
Updated 23 February 2019
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Future opportunities between Saudi Arabia and China are very big: crown prince

  • Saudi Arabia and China signed economic cooperation agreements worth a total of $28 billion at a joint investment forum
  • The crown prince presided over a China-Saudi cooperation forum that concluded with 12 agreements on cooperation

RIYADH: Future opportunities between Saudi Arabia and China are very big, Saudi Crown Prince Mohammed bin Salman said Friday during his visit to China.

Citing a 32 percent increase in bilateral trade last year, the crown prince added that high-level contacts were paying off in areas from commerce to security and defense.
"Saudi Arabia's relations with China can be traced back a very long time in the past," Crown Prince Mohammed bin Salman told President Xi Jinping at their meeting in the Great Hall of the People in the heart of the Chinese capital.

Meanwhile, the Chinese president stressed his country's keenness on joint efforts with Saudi Arabia to support strategic relations between the two countries. He added that there has been coordination with Saudi Arabia on international and regional issues in recent years. 

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The crown prince earlier Friday presided over a China-Saudi cooperation forum that concluded with 12 agreements on cooperation in fields ranging from petroleum and the chemical industry to investment, renewable energy and counter-terrorism. Saudi Arabia is one of China's top crude oil suppliers and an important market for its exports.

Saudi Arabia and China also signed economic cooperation agreements worth a total of $28 billion at a joint investment forum. 35 agreements had been signed at the forum, held by Saudi Arabia’s investment agency SAGIA. Four licenses for Chinese companies were awarded at the forum.
Crown Prince Mohammed bin Salman also pledged Saudi Arabia's backing for China's gargantuan "belt and road" infrastructure project, saying he was willing to link it with the kingdom's Vision 2030 plans— a blueprint put forth by the crown prince to wean the kingdom off its reliance on oil, particularly as sustainable sources of energy become cheaper and more popular.
The Crown Prince's visit follows trips to India and Pakistan, which send millions of laborers to Saudi Arabia and are seeking closer economic ties. 

 

 


Saudi camel racing no longer an all-male affair, says Princess Jamila

Updated 23 March 2019
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Saudi camel racing no longer an all-male affair, says Princess Jamila

  • Princess Jamila’s camel will compete in a race marking the conclusion of the King Abdul Aziz Camel Festival
  • King Salman will attend the grand finale of the 46-day event

JEDDAH: A camel owned by a woman will compete in an official race in Saudi Arabia for the first time, a senior figure in the sport said on Friday.

Fahd bin Hithleen, chairman of the board of directors of the Saudi Camel Club and the newly appointed president of the International Camel Organization (ICO), said the race is part of the closing day of the King Abdul Aziz Camel Festival on the outskirts of Riyadh, which began on Feb. 5 and ends on March 23.

“The camel race will end this Saturday with the participation of the first female in camel racing,” Hithleen said on his official Twitter account. “I congratulate Princess Jamila Bint Abdulmajeed bin Saud bin Abdulaziz for breaking into the camel world and wish her all the success.”

The festival finale will take place in the presence of King Salman.

Princess Jamila said that camel racing is no longer exclusively the preserve of men, as the ongoing reforms in the country continue to empower Saudi women and open up new opportunities for them across the Kingdom.

The Kingdom established the ICO, the first global group of its kind for camels, on Thursday with the participation of representatives from 96 countries. Riyadh was chosen as the location for its headquarters and Hithleen was appointed to serve a five-year term as its first president.