Arab Women Committee declares Riyadh capital of Arab women for 2020

The meeting also discussed mechanisms for cooperation with relevant international organizations. (SPA)
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Updated 12 February 2020

Arab Women Committee declares Riyadh capital of Arab women for 2020

  • The decision was taken at the 39th session of the Arab Women Committee

RIYADH: The Arab Women Committee has announced Riyadh as the capital of Arab women for 2020 under the slogan “Women are a homeland and an ambition,” SPA reported.

The decision was taken at the 39th session of the Arab Women Committee, which was held on Monday in Riyadh under the umbrella of the Arab League. 

The secretary-general of the Family Affairs Council, Dr. Hala bint Mazyad Al-Tuwaijri, said that the declaration of Riyadh as the capital of Arab women was due to the role that the Kingdom played at all levels, and its continued support for women’s empowerment.

The Arab Women Committee — chaired by Saudi Arabia for a year — discussed a number of issues, including the report of the General Secretariat’s activity between the previous and the current sessions, the 2030 agenda for sustainable development, women’s empowerment in the Arab world, and the follow-up to the recommendations of the Ministerial Conference that focused on women’s empowerment and its impact on social development.

The meeting also discussed mechanisms for cooperation with relevant international organizations, as well as reviewing the topics presented by member states.

The committee began its activities on Sunday with a regional preparatory meeting for the Commission on the Status of Women 64 (CSW), during which the results of the Beijing Declaration and Platform for Action after 25 years and the Beijing+25 Regional Review Meeting Declaration were reviewed.
 


MoU signed to facilitate investment in Saudi Arabia

Updated 21 February 2020

MoU signed to facilitate investment in Saudi Arabia

RIYADH: The Saudi Arabian General Investment Authority (SAGIA) and the Diriyah Gate Development Authority (DGDA) signed a memorandum of understanding (MoU) to step up cooperation, the Saudi Press Agency reported on Thursday.

Under the MoU, the two authorities will establish a joint working group to boost cooperation in several areas including facilitation provided to investors, conducting economic studies of the market, building partnerships with commercial and industrial bodies and local companies, launching businesses, promoting the ease of doing business, providing logistic support, participating in local and international exhibitions, forums and special visits and exchanging knowledge and information.

All this will predominantly be in aid of attracting local and foreign investors. 

“SAGIA believes in the importance of such cooperation that can unify and multiply the efforts in a way that sets the world’s attention on the Kingdom’s cultural and heritage treasures and investment opportunities,” said SAGIA Gov. Ibrahim Al-Omar.

“This is done through close cooperation with DGDA to highlight these opportunities and market them internationally and locally. This MoU is a step in the right direction to achieve the objectives and directives of both bodies.”

Jerry Inzerillo, CEO of the DGDA, said: “Cooperating with SAGIA is one of the most important international investment motors to attract local and international investments to the Kingdom. This comes at a time where developing the Kingdom’s investment infrastructure is found within the objectives of its Vision 2030.

“At DGDA, we aim at attracting the best technologies and regional and international investments to the Kingdom. This will contribute to the improvement of the local economy and promote our objectives seeking to turn Diriyah into the Kingdom’s gem and an international economic tourist destination,” he added.