Dr. Abdulrahman Obaid Al-Youbi, president of King Abdul Aziz University 

Dr. Abdulrahman Obaid Al-Youbi is also chairman of the KAU's Prince Khalid Al-Faisal Center for Moderation.
Updated 30 March 2019
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Dr. Abdulrahman Obaid Al-Youbi, president of King Abdul Aziz University 

Dr. Abdulrahman Obaid Al-Youbi has been the president of King Abdul Aziz University (KAU) in Jeddah since 2016, and is also the chairman of the university’s Prince Khalid Al-Faisal Center for Moderation.

Recently, Al-Youbi signed a memorandum of cooperation to promote a culture of moderation and to combat terrorism, extremism, and racism, with Dr. Abdulrahman Al-Sudais, president of the General Presidency for the Affairs of the Two Holy Mosques.

Al-Youbi previously served as KAU’s vice president, as dean of its faculty of science, and as a part-time consultant at the Ministry of Higher Education.

Al-Youbi is also involved in committees at several other universities around the Kingdom, including Taibah University, the University of Tabuk, Jazan University and Northern Border University.

He has bachelor’s and master’s degrees in chemistry from KAU, and received a scholarship to complete his education in the UK, where he gained his doctorate in physical chemistry from the University of Essex in 1986.

Al-Youbi began working at KAU in 1981. He was made an assistant professor of physical chemistry in 1986, an associate professor in 1992, and became a full professor in 2000.

 

The memorandum of cooperation includes a number of objectives aimed at mainstreaming the approach of moderation in society, combating extremist and terrorist ideologies, and enhancing intellectual awareness through conducting joint scientific research and applied and field studies on mainstreaming the approach of moderation, developing intellectual awareness and protecting society from extremism.


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.