Saudi-Japan Business Forum begins in Riyadh

Hiroshige Seko and Majid Al-Qassabi
Updated 14 January 2018

Saudi-Japan Business Forum begins in Riyadh

RIYADH: The Japanese Minister of Economy, Trade and Industry Hiroshige Seko will lead a trade delegation of 60 Japanese companies at the Saudi Arabia-Japan Business Forum on Sunday in Riyadh under the co-chairmanship of Saudi Commerce and Investment Minister Majid Al-Qasabi.
The forum has been organized by the Saudi Arabian General Investment Authority (SAGIA) to discuss investment partnerships under the banner of “Saudi-Japanese Vision 2030.”
Ahmed Almusained, PR and media manager of SAGIA, told Arab News that the SAGIA will also host the “Invest in Saudi Arabia” exhibition during the forum, which will highlight the investment opportunities the Kingdom offers in various regions, and it will be attended by public sector leaders, businessmen, economists, and innovators.
According to a statement from SAGIA, its governor, Ibrahim bin Abdul Rahman Al-Omar, will also attend the event which will be held at Al Faisaliah Hotel in Riyadh.
The 60 Japanese companies represent the energy, electricity, infrastructure, logistics, health, entertainment, agriculture and food, information technology, and banking and financial services sectors in Japan.
Japan is considered a key trade partner of the Kingdom. The volume of trade between the two countries reached SR117.9 billion ($31.43 billion) in 2015. Saudi exports to Japan stood at SR80.6 billion. Saudi imports from Japan reached SR37.2 billion, a trade balance of SR43.3 billion in favor of the Kingdom, the Saudi Press Agency (SPA) reported.


Saudi Arabia’s civil defense rescues hundreds from floods after torrential rain

Updated 05 August 2020

Saudi Arabia’s civil defense rescues hundreds from floods after torrential rain

  • More than 600 people have been provided with shelter
  • The Asir region was the hardest hit

RIYADH: Saudi Arabia’s civil defense has saved almost 700 people after torrential rain caused flooding in several areas of the Kingdom.
Between July 26 to Aug. 4, 77 people including 11 families, have been rescued in Makkah, Madinah, Asir, Jazan, and Al-Baha, the media center of the General Directorate of Civil Defense said Wednesday.
More than 600 people have been provided with shelter, including three families.
The Asir region was the hardest hit and had the highest number of rescues, while the lowest was Madinah with one rescue.
The center said eight committees have been formed in a number of affected areas to limit the damage and losses from the rain.
Civil defense called on citizens and residents in areas experiencing torrential rains in the Kingdom to take precautions and not to walk in the valleys or wide and avoid torrents of water, to move away from areas exposed to flooding caused by heavy rains.