Authorities on high alert after blizzard

Updated 23 February 2015

Authorities on high alert after blizzard

Health and security officials in Tabuk have been on full alert because of snowstorms in the northwestern part of the Kingdom over the past two days. The affected areas are Al-Dhaher, Alakan, Abu Al-Hanshan, Attabaq, Tinenar, Wadi Al-Asmar, Al-Lawz Mountain and Al-Aniq.
The Saudi Red Crescent has reinforced its teams with extra officials to take care of the large numbers of people who are enjoying the snow. The Civil Defense has issued early warnings to alert people to take care and follow safety measures in such extreme weather conditions.
Khaled Al-Enaizi, spokesman of the Saudi Red Crescent in Tabuk, said 11 teams had been assigned to parks and locations of heavy snowfalls where citizens and residents are out around the clock.
Auda Al-Atawi, spokesman for the health affairs in Tabuk, said they were ready with rescue teams to deal with current weather conditions according to directions from the Civil Defense. He said four mobile units were ready to offer field support at any location.
He said the authorities are coordinating with the Civil Defense and the Red Crescent through the crisis and emergency center which is affiliated with the Health Ministry. Medical support is readily available if needed.
The General Traffic Directorate in Tabuk prepared field teams under the leadership of a number of officers in Alakan, Al-Zaita and the Al-Lawz Mountain, according to Gen. Mohammad Al-Bugami, the traffic director. He said his directorate had implemented a traffic plan to deal with the rain and snowfall and the resulting traffic congestion.
He said the plan included assigning a number of officers and individuals and dividing them into groups to carry out traffic security tasks around the clock. He said that all necessary procedures to guarantee traffic safety for people in these areas are being taken.

High-level investment forum aims to further boost business between Saudi Arabia and Japan

Updated 18 June 2019

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.