Envoy highlights Saudi efforts to serve Muslims

Abdul Ilah Al-Shuaibi. (Supplied)
Updated 27 May 2019
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Envoy highlights Saudi efforts to serve Muslims

  • Thailand is one of dozens of countries where Saudi clerics have been dispatched to lead prayers during the holy month of fasting

BANGKOK: Feeding Muslims during Ramadan is a benevolence program initiated by King Salman and Crown Prince Mohammed bin Salman, the Saudi Press Agency reported the Kingdom’s charge d’affaires in Bangkok as saying.
Abdul Ilah Al-Shuaibi made the remarks during the inauguration of an iftar program in Thailand, adding that the initiative was not seasonal but part of continuous efforts from the Saudi leadership to care for Muslims around the world.
Thailand is one of dozens of countries where Saudi clerics have been dispatched to lead prayers during the holy month of fasting.
“The program to feed Ramadan fasters, organized by the Saudi Ministry of Islamic Affairs, Call and Guidance, is a benevolence program initiated by King Salman and Crown Prince Mohammed bin Salman for the good of Muslims around the globe,” Al-Shuaibi said.
“The ministry, led by Sheikh Abdullatif Al-Asheikh, is making great efforts and Thais are enthusiastic about these efforts and the Qur’an teaching program.”
There were many Kingdom-led projects in Thailand, he added, including a development fund to set up a residential camp and schools for Rohingya refugees in coordination with the UN and the Thai government.
“The Kingdom also sends dates to be distributed among mosques and charities, as well as copies of the mushaf (the written form of the Qur’an) in Arabic and Thai,” he said.


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.