Jordan’s king calls for investment in country’s youth

Jordanian ruler, King Abdullah II, has called on business and world leaders to invest in his nation’s youth, saying that while they account for a small proportion of the region’s population, they still played a significant role. (Screenshot/FII YouTube)
Updated 29 October 2019

Jordan’s king calls for investment in country’s youth

  • King Abdullah said his nation had 160,000 engineers and other skilled young workers
  • Called on delegates at the conference to invest in the younger population

RIYADH: The Jordanian ruler, King Abdullah II, has called on business and world leaders to invest in his nation’s youth, saying that while they account for a small proportion of the region’s population, they still played a significant role.
He said young Jordanians “speak the same language” as the Saudi leadership.
“They are the key to the future,” he said on Tuesday during his short speech at the Future Investment Initiative 2019 conference in Riyadh.
“We in the region recognize the need to nurture our young people’s skills and to harness them,” he said, adding: “My country strongly believes in this, they are the inventors of tomorrow.” 
Acknowledging the small size of the Jordanian population, he said: “Jordanians may only cover 3 percent of the region’s youth, but they are 27 percent of the innovators.”
King Abdullah said his nation had 160,000 engineers and other skilled young workers who could help to improve cybersecurity and much more.
“Our youth, the youth of this region are looking to you,” he said.  
Then he called on delegates at the conference to invest in the younger population.
“With your vital resources and our precious human capital there is not limit. We look to take flight into a hope and prosperity of which we can all share.
“This is a business opportunity that we cannot miss.” 


Arab News recording exposes Nissan lawyer’s lie on IMF bailout for Lebanon

Updated 01 June 2020

Arab News recording exposes Nissan lawyer’s lie on IMF bailout for Lebanon

LONDON: Arab News has published the recording of an interview with a Nissan lawyer after he denied saying that a bailout of Lebanon by the International Monetary Fund (IMF) was linked to the extradition of fugitive tycoon Carlos Ghosn.

The former Nissan chairman fled to Beirut in December from Japan, where he faced charges of financial wrongdoing.

In a story published in Arab News Japan on Saturday, Sakher El Hachem, Nissan’s legal representative in Lebanon, said the multibillion-dollar IMF bailout was contingent on Ghosn being handed back to Japan. 

The lawyer said IMF support for Lebanon required Japan’s agreement. Lebanese officials had told him: “Japan will assist Lebanon if Ghosn gets extradited,” the lawyer said

“For Japan to agree on that they want the Lebanese authorities to extradite Ghosn, otherwise they won’t provide Lebanon with financial assistance. Japan is one of the IMF’s major contributors … if Japan vetoes Lebanon then the IMF won’t give Lebanon money, except after deporting Ghosn.”

On Sunday, El Hachem denied making the comments. “The only thing I told the newspaper was that there should have been a court hearing on April 30 in Lebanon, but it was postponed because of the pandemic,” he said. In response, Arab News published the recording of the interview, in which he can be clearly heard making the statements attributed to him. 

Japan issued an arrest warrant after Ghosn, 66, escaped house arrest and fled the country.

Now listen to the recording: