First sport investment forum to kick off next week

First sport investment forum to kick off next week
Updated 06 September 2012

First sport investment forum to kick off next week

First sport investment forum to kick off next week

JEDDAH: More than 1,500 experts are expected to attend the first forum of sport investment in Park Hyatt hotel in Jeddah on Sunday. The control committee in Al-Wahdah club supervises the forum, said Saleh Kamil, chairman of the Jeddah Chamber of Commerce and Industry (JCCI).
Kamil said sport investment is an important industry that closely resembles industrial investment. He added that the sector invested more than US $10 billion (SR 37.5 billion). More than 5,000 job opportunities could be created in tourism and entertainment when regulations for investment in sports would be adjusted.
Co-organizer Rafat Qarob said the two-day forum encompasses workshops that highlight many aspects of sport investment. Academics and specialists will participate in these sessions.
He said professional players are invited to the forum. One of them is Argentinian footballer Hernán Crespo.
Football clubs are looking forward to this forum, as they need for new innovative ways to increase their income, said Qarob. He said that the Kingdom is top of the list among Arab States for the amount of money invested in sports.
“Saudi Arabia succeeded in creating a positive reputation and is now heading toward privatization,” said Qarob. Qarob hoped the forum would come up with administrative and sportive recommendations to develop the working environment in the sport field. He said that among the speakers in the forum are experts in law, administration and marketing who are working in the Saudi Olympic Committee and the General Presidency of Youth Welfare.


Who’s Who: Ahmed Eisa Abu Amara, chief legal council at Saudi Arabia's Council of Cooperative Health Insurance

Who’s Who: Ahmed Eisa Abu Amara, chief legal council at Saudi Arabia's Council of Cooperative Health Insurance
Updated 7 min 3 sec ago

Who’s Who: Ahmed Eisa Abu Amara, chief legal council at Saudi Arabia's Council of Cooperative Health Insurance

Who’s Who: Ahmed Eisa Abu Amara, chief legal council at Saudi Arabia's Council of Cooperative Health Insurance

Ahmed Eisa Abu Amara has served as chief legal council at the Council of Cooperative Health Insurance since 2019.

In early 2019, he became general director of the General Department of Legal Affairs at the Ministry of Human Resources and Social Development. In 2016, he became head of legal affairs for the Saudi Arabian Olympic Committee.

From 2007 to 2013, he worked as a senior legal consultant and senior insurance supervisor at the Saudi Central Bank (SAMA).

Since 2018, Amara has been an international arbitrator at the International Council of Arbitration in Lausanne, Switzerland. Also in 2018, he served as an associate lecturer in commercial law at Majmaah University.  

He is currently an arbitrator at the National Sports Arbitration Tribunal in Kuwait and at the Saudi Arbitration Center in Riyadh since 2020.

In January 2015, he was appointed honorary commissioner at the Louisiana Department of Insurance by Commissioner Jim Donelon.

In 2011, he received his master’s degree in law from the Southern Methodist University in Dallas, Texas. He also received a bachelor’s degree in law from King Saud University in Riyadh.

Amara has acquired several diplomas in various fields, including a diploma in the management of Olympic sports institutions from the International Olympic Academy; an international insurance and reinsurance diploma from the Chartered Insurance Institute and Lloyd’s Market Association in London; and a diploma in real estate from Richland College, Texas.

In 2018, he enrolled in the Professional Development Program at Harvard University, studying courses on management and leadership.


Historic forum brings together Iraqi scholars in Makkah

Historic forum brings together Iraqi scholars in Makkah
Updated 05 August 2021

Historic forum brings together Iraqi scholars in Makkah

Historic forum brings together Iraqi scholars in Makkah
  • The Forum of the Iraqi Religious Scholars was organized by the Muslim World League (MWL)
  • MWL secretary-general said the Iraqi government has made huge steps to strengthen its country’s identity

MAKKAH: An international forum about valuing the role of Saudi Arabia in strengthening peaceful coexistence concluded on Wednesday by stressing unity and a unanimous position in rejecting the rhetoric of sectarianism, hatred, and clash.

Organized by the Muslim World League (MWL), the Forum of the Iraqi Religious Scholars in Makkah was held in the presence of senior Sunni and Shiite scholars.

The forum’s final statement stressed the need to activate the “Makkah Document” and open channels of constructive dialogue and positive communication among scholars so they can resolve issues and crises.

The final statement also recommended setting a body for cultural communication between sects that the Muslim societies consist of, in addition to a coordinating committee that brings together Iraqi religious scholars and MWL.

The forum stressed the need to confront religious extremism from all sources, in addition to strengthening means of rejecting the rhetoric of intellectual and cultural hatred in the Muslim world.

MWL secretary-general Sheikh Mohammed Al-Issa said that the Iraqi government has made huge steps to strengthen its country’s identity, adding that “in their meeting today, the Iraqi religious scholars have warned of the disease of sectarianism.”

In his inaugural speech, Al-Issa said: “Between Sunnis and Shiites, there is nothing but ideal fraternal understanding and coexistence, and cooperation and integration in the context of sincere compassion, while understanding the specificity of each sect within the same religion.”

Pshtiwan Sadiq Abdullah, minister of endowments and religious affairs in Kurdistan-Iraq, said his government did not spare any effort in building the new and progressive federal Iraq, and that it has contributed to drafting the constitution, which guaranteed the rights of all components.

He also said Kurdistan was — and still is — a safe haven as it enjoys peaceful coexistence and respect for all religions and sects.

Sheikh Ahmed Hassan Al-Taha, a chief scholar of the Iraqi Jurisprudence Council, praised the role of the Kingdom under the leadership of King Salman in strengthening regional and international peace while also thwarting extremism.

He cited the 2006 Makkah Document as the best evidence to stop the bloodshed in a wounded Iraq.

“Kurds were pioneers in seeking good despite the ethnic, religious and sectarian diversity, which made Kurdistan-Iraq a role model at all levels,” Sheikh Abdullah Said Waysi, the head of the Kurdistan Islamic Scholars Union, said.

He also said the efforts of the religious institutions in Kurdistan-Iraq revolve around strengthening the principle of communication and cooperation among all in Iraq, based on serving society and the interests of its citizens.

A delegation of senior Iraqi religious scholars arrived in Saudi Arabia on Tuesday evening to participate in the forum.


Saudi air defenses intercept Houthi drone launched from Yemen

Saudi air defenses intercept Houthi drone launched from Yemen
Updated 05 August 2021

Saudi air defenses intercept Houthi drone launched from Yemen

Saudi air defenses intercept Houthi drone launched from Yemen

RIYADH: The Arab coalition said on Wednesday that Saudi air defenses intercepted an explosive-laden drone launched by the Iran-backed Houthi militia in Yemen, state TV reported.
The coalition said the drone was targeting the southern city of Khamis Mushait.
It added that it is taking operational measures to thwart all hostile attempts to target populated areas and civilians objects in the Kingdom, in accordance with international law.


Saudi minister meets US, UN, IDB officials in Riyadh

Saudi minister meets US, UN, IDB officials in Riyadh
Updated 58 sec ago

Saudi minister meets US, UN, IDB officials in Riyadh

Saudi minister meets US, UN, IDB officials in Riyadh

RIYADH: Saudi Arabia’s Minister of State for Foreign Affairs Adel Al-Jubeir held three meetings with foreign and domestic officials on Wednesday in Riyadh. 

Al-Jubeir met with Martina Strong, chargé d’affaires of the US Embassy in Riyadh, to review Saudi-US bilateral relations along with regional and international developments of common concern.

The Saudi minister also met with Mohammed bin Sulaiman Al-Jasser, who is the new chairman of the Islamic Development Bank (IDB), as they reviewed the support provided by the Kingdom to IDB since its founding.

In another meeting, Al-Jubeir received Jehangir Khan, director of the UN Counter-Terrorism Centre. In the meeting, they reviewed the fields of cooperation between the Kingdom and the UN Counter-Terrorism Centre, along with the country’s efforts to fight terrorism.

Saudi Arabia’s ambassador to the UN, Abdallah Al-Mouallimi, and the foreign ministry’s undersecretary for multilateral international affairs, Abdul Rahman bin Ibrahim Al-Rassi, also attended the meeting with Al-Jubeir and Khan.


Saudi FM: Hezbollah’s power is the main cause of Lebanon's crisis

Saudi FM: Hezbollah’s power is the main cause of Lebanon's crisis
Updated 04 August 2021

Saudi FM: Hezbollah’s power is the main cause of Lebanon's crisis

Saudi FM: Hezbollah’s power is the main cause of Lebanon's crisis
  • Prince Faisal reiterated the Kingdom’s continuous solidarity with the Lebanese people in times of crises
  • The minister said any aid provided to Lebanon by the Kingdom depends on serious reforms being carried out

RIYADH: Hezbollah’s insistence on imposing its hegemony on the Lebanese state is the main cause of Lebanon’s problems, Saudi Arabia’s foreign minister said on Wednesday.
Speaking at an international conference on Lebanon marking the first anniversary of the Beirut Port explosion, Prince Faisal bin Farhan urged Lebanese politicians to confront the organization’s behavior in order to achieve the will of the Lebanese people to combat corruption and implement necessary reforms in the crisis-stricken country.
Prince Faisal added that any aid provided to Lebanon by the Kingdom depends on serious reforms being carried out while ensuring the money reaches its beneficiaries and not siphoned off by corrupt officials.
“We are concerned that the investigations into the Beirut port explosion have not yet yielded any tangible results,” the foreign minister said. 
He praised the efforts of France and the international community to support Lebanon and its people, stressing the need for these efforts to be accompanied by real reforms to overcome the economic and political crises sweeping Lebanon. 
Prince Faisal reiterated the Kingdom’s continuous solidarity with the Lebanese people in times of crises and challenges, and stressed Saudi Arabia’s commitment to its contributions to the reconstruction and development of Lebanon.
“The Kingdom was one of the first countries to respond to providing humanitarian aid to Lebanon after the horrific explosion that occurred exactly a year ago in the port of Beirut through the King Salman Humanitarian Aid and Relief Center (KSRelief). KSRelief continues to implement its programs in Beirut to this day,” Prince Faisal said.
The donor conference to raise emergency aid for Lebanon's crippled economy on Wednesday raised $370 million, French President Emmanuel Macron’s office said.