Future opportunities between Saudi Arabia and China are very big: crown prince

China’s President Xi Jinping receives Saudi Crown Prince Mohammed bin Salman at the Great Hall of the People in Beijing. (SPA)
Updated 23 February 2019

Future opportunities between Saudi Arabia and China are very big: crown prince

  • Saudi Arabia and China signed economic cooperation agreements worth a total of $28 billion at a joint investment forum
  • The crown prince presided over a China-Saudi cooperation forum that concluded with 12 agreements on cooperation

RIYADH: Future opportunities between Saudi Arabia and China are very big, Saudi Crown Prince Mohammed bin Salman said Friday during his visit to China.

Citing a 32 percent increase in bilateral trade last year, the crown prince added that high-level contacts were paying off in areas from commerce to security and defense.
"Saudi Arabia's relations with China can be traced back a very long time in the past," Crown Prince Mohammed bin Salman told President Xi Jinping at their meeting in the Great Hall of the People in the heart of the Chinese capital.

Meanwhile, the Chinese president stressed his country's keenness on joint efforts with Saudi Arabia to support strategic relations between the two countries. He added that there has been coordination with Saudi Arabia on international and regional issues in recent years. 

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The crown prince earlier Friday presided over a China-Saudi cooperation forum that concluded with 12 agreements on cooperation in fields ranging from petroleum and the chemical industry to investment, renewable energy and counter-terrorism. Saudi Arabia is one of China's top crude oil suppliers and an important market for its exports.

Saudi Arabia and China also signed economic cooperation agreements worth a total of $28 billion at a joint investment forum. 35 agreements had been signed at the forum, held by Saudi Arabia’s investment agency SAGIA. Four licenses for Chinese companies were awarded at the forum.
Crown Prince Mohammed bin Salman also pledged Saudi Arabia's backing for China's gargantuan "belt and road" infrastructure project, saying he was willing to link it with the kingdom's Vision 2030 plans— a blueprint put forth by the crown prince to wean the kingdom off its reliance on oil, particularly as sustainable sources of energy become cheaper and more popular.
The Crown Prince's visit follows trips to India and Pakistan, which send millions of laborers to Saudi Arabia and are seeking closer economic ties. 

 

 


Dr. Kholood Mohamed, head of Tabuk’s regional council

Updated 31 min 26 sec ago

Dr. Kholood Mohamed, head of Tabuk’s regional council

Dr. Kholood Mohamed has become the first woman in the Kingdom to head Tabuk’s regional council, with the Saudi interior minister approving her appointment as the body’s secretary-general.
Al-Khamis called on Tabuk Gov. Prince Fahd bin Sultan on Monday and the prince congratulated her on her new position, emphasizing the role of Saudi women in government agencies.
She is an assistant professor of inorganic chemistry and supervisor of the chemistry department at the University of Tabuk.
She joined the university in 2010 as a teaching assistant in the science faculty, later becoming a lecturer and then being promoted to associate professor.
She did her doctorate in inorganic chemistry from Howard University in the US in 2018. She obtained her master’s degree from King Saud University in Riyadh and her bachelor’s degree from the University of Tabuk.
Al-Khamis is a member of several scientific bodies such as the Supreme Committee of Prince Fahd bin Sultan Award for Scientific Excellence, American Chemical Society, and the Committee for the National Olympiad for Scientific Creativity.
She has presented many research studies during her career, and participated locally and abroad in specialist activities in the science field.