Saudi initiative: DCO to boost economies of 5 founding countries

Saudi initiative: DCO to boost economies of 5 founding countries
Founded by Saudi Arabia, Bahrain, Jordan, Kuwait and Pakistan, the DCO is driven by the vision of a digital future for all by empowering women, youth and entrepreneurs, expanding the digital economy and leapfrogging with innovation. (Photo/Twitter)
Short Url
Updated 29 November 2020

Saudi initiative: DCO to boost economies of 5 founding countries

Saudi initiative: DCO to boost economies of 5 founding countries
  • Founded by Saudi Arabia, Bahrain, Jordan, Kuwait and Pakistan, the DCO is driven by the vision of a digital future for all by empowering women, youth and entrepreneurs, expanding the digital economy and leapfrogging with innovation

RIYADH: Digital experts are singing the praises of the newly formed multinational Digital Cooperation Organization (DCO).
Founded by Saudi Arabia, Bahrain, Jordan, Kuwait and Pakistan, the DCO is driven by the vision of a digital future for all by empowering women, young people and entrepreneurs, expanding the digital economy and leapfrogging with innovation.
Senior government officials from the five nations came together on Thursday to launch the DCO, motivated by their shared interests in the digital economy that can only be realized through collaboration.
Speaking to Arab News on inception of the DCO, Pakistan’s Ambassador Raja Ali Ejaz said: “For Pakistan, with a talented and well-trained pool of human resources, the DCO presents a unique opportunity for rapid progress in all spheres of life,” Ejaz said.
“Pakistan has joined the Digital Cooperation Organisation as a founding member and acknowledges the initiative of Saudi Arabia. Pakistan considers it an important step in post COVID-19 economic recovery of the founding countries,” said the envoy.
The DCO provides a platform to harness the strengths of participating countries such as skilled manpower and infrastructure resources to create a flourishing digital economy, he said.
Pakistan’s Foreign Minister Makhdoom Shah Mahmood Qureshi has expressed his appreciation of the efforts of the Saudi minister of communication and information technology, Abdullah Al-Swaha, in making the DCO a reality and has extended full cooperation, said the ambassador.
Muhammad Khurram Khan, a professor of cybersecurity at King Saud University and founder CEO of the Global Foundation for Cyber Studies and Research in  Washington, DC, said: “The launch of the DCO in this unprecedented time is a great strategic decision of five nations.
“With the mission of achieving prosperity, socioeconomic development, and implementing digital transformation, the countries setting up the DCO aspire to become leading digital economies in the world which is commendable.”
He added: “It is estimated that by 2025 the global digital economy will be worth $23 trillion with a GDP share of 24.3 percent. This provides the DCO with a great opportunity to build a platform for their tech-savvy youth, women, entrepreneurs, and indigenous industry to flourish and compete with their global contemporaries and boost their digital competitiveness.”
He said the DCO hopes to work with intergovernmental agencies, think tanks, public and private sectors, global tech companies, civil society, and academic institutions.
Through this initiative, the member states could establish solid cooperation in the emerging fields of artificial intelligence, cybersecurity, IoT, big data, 5G, cloud computing, and blockchain, Khan said. He explained that the aspirations, opportunities, and vulnerabilities of digital economies are deeply interconnected, which would require the DCO to map out innovative strategies and initiatives that directly affect their populations in a positive way.
In addition, member states can harness their expertise and share experience to strengthen efforts for preparing for global crises such as COVID-19, he said.
Lastly, he said, it is very important to extend the membership of the DCO and include more active members from different regions who share the same interests and the mission for a prosperous digital future.


Saudi crown prince receives letter from Kuwaiti counterpart

Saudi Foreign Minister Prince Faisal bin Farhan meets with Sheikh Ali Al-Khaled Al-Jaber Al-Sabah, Kuwait’s ambassador to the Kingdom, in Riyadh on Monday, Oct. 18, 2021. (SPA)
Saudi Foreign Minister Prince Faisal bin Farhan meets with Sheikh Ali Al-Khaled Al-Jaber Al-Sabah, Kuwait’s ambassador to the Kingdom, in Riyadh on Monday, Oct. 18, 2021. (SPA)
Updated 13 sec ago

Saudi crown prince receives letter from Kuwaiti counterpart

Saudi Foreign Minister Prince Faisal bin Farhan meets with Sheikh Ali Al-Khaled Al-Jaber Al-Sabah, Kuwait’s ambassador to the Kingdom, in Riyadh on Monday, Oct. 18, 2021. (SPA)
  • The message dealt with the strong and solid bilateral relations, and ways to enhance them in various fields

RIYADH: Saudi Arabia’s Crown Prince Mohammed bin Salman on Monday received a written message from his Kuwaiti counterpart Sheikh Meshaal Al-Ahmed Al-Jaber Al-Sabah, regarding relations and the deep-rooted historical ties that bind the two countries and peoples, and ways to strengthen and develop them in all fields.
The message was received by Foreign Minister Prince Faisal bin Farhan, during a meeting with Sheikh Ali Al-Khaled Al-Jaber Al-Sabah, Kuwait’s ambassador to the Kingdom, in the capital, Riyadh.


Saudi Arabia registers 2 COVID-19 deaths, 38 new infections

Saudi Arabia registers 2 COVID-19 deaths, 38 new infections
Updated 18 October 2021

Saudi Arabia registers 2 COVID-19 deaths, 38 new infections

Saudi Arabia registers 2 COVID-19 deaths, 38 new infections
  • The health ministry says 52 patients have recovered from the virus in the past 24 hours
  • Municipalities close 35 businesses and issue fines to 72 others for violating precautionary measures

RIYADH: Saudi Arabia confirmed two new COVID-19 related deaths on Monday, raising the total number of fatalities to 8,765.
The Ministry of Health confirmed 38 new cases reported in the Kingdom in the previous 24 hours, meaning 547,969 people have now contracted the disease. Of the total number of cases, 100 remain in critical condition.
According to the ministry, the highest number of cases were recorded in the capital Riyadh with 14, followed by Jeddah with six, Makkah with three, and Buraidah and Dammam confirmed two cases each.
The health ministry also announced that 52 patients had recovered from COVID-19, bringing the total number of recoveries in the Kingdom to 536,999.
Over 44.5 million COVID-19 vaccine doses have been administered since the Kingdom’s immunization campaign started. More than 20.6 million people have been fully vaccinated.


Meanwhile, Saudi municipalities have ramped up efforts to monitor compliance with health and safety measures.
The municipality of the Eastern Province carried out 1,222 inspection tours of commercial centers and facilities on Sunday, and found 72 businesses in violation of the precautionary measures.
Hail Municipality also carried out 635 inspection tours of commercial centers and facilities during the past week and authorities closed 35 commercial outlets for breaching protocols.
Officials have also called on the public to report any suspected health breaches by phoning the 940 call center number or contacting authorities through the Balady app.
The coronavirus pandemic has affected over 241 million people globally and the death toll has reached around 4.91 million.


Saudi king receives letter from Oman’s sultan on bilateral relations

Saudi Arabian Foreign Minister Prince Faisal bin Farhan received the letter during a meeting with his Omani counterpart, Sayyed Badr Al-Busaidi, in Riyadh, on Monday, Oct. 18, 2021. (SPA)
Saudi Arabian Foreign Minister Prince Faisal bin Farhan received the letter during a meeting with his Omani counterpart, Sayyed Badr Al-Busaidi, in Riyadh, on Monday, Oct. 18, 2021. (SPA)
Updated 18 October 2021

Saudi king receives letter from Oman’s sultan on bilateral relations

Saudi Arabian Foreign Minister Prince Faisal bin Farhan received the letter during a meeting with his Omani counterpart, Sayyed Badr Al-Busaidi, in Riyadh, on Monday, Oct. 18, 2021. (SPA)
  • The message dealt with the strong and solid bilateral relations, and ways to enhance them in various fields

RIYADH: Saudi Arabia’s King Salman received a written message from Oman’s Sultan Haitham bin Tariq, regarding the strong and solid relations between the two countries and peoples, and ways to support and enhance them in various fields and at all levels.
The message was received by Foreign Minister Prince Faisal bin Farhan during a meeting with his Omani counterpart, Sayyed Badr Al-Busaidi, where he welcomed the Omani minister and his delegation accompanying to their second country, Saudi Arabia.
During the meeting, they discussed bilateral relations between the two countries and ways of enhancing them in various fields, in addition to exchanging views on regional and international issues of common interest.


3 Italians killed in car crash in Saudi Arabia

3 Italians killed in car crash in Saudi Arabia
Updated 18 October 2021

3 Italians killed in car crash in Saudi Arabia

3 Italians killed in car crash in Saudi Arabia
  • The dancers were in Saudi Arabia to inaugurate a theater
  • Their vehicles crashed while on an excursion in the desert

ROME: Three Italian dancers and another person died in a car crash in Saudi Arabia on Sunday, Italy’s Foreign Ministry confirmed on Monday.

The dancers, all in their early 30s, were identified as Antonio Caggianelli, Giampiero Giarri and Nicolas Esposto. The fourth victim has not been named.

The dancers were in the Kingdom with a 10-strong all-Italian troupe to inaugurate a theater. Sunday was their day off and they had decided to go on an excursion in the desert.

For reasons as yet unknown, their vehicles crashed into a gully and overturned. Another three Italians were involved in the accident. One is in serious condition while the other two were unhurt.

Caggianelli had a leading role in the latest edition of the Notte della Taranta, one of the most prestigious summer dancing events in southern Italy.


Saudi air force joins UAE combat maneuvers

Saudi air force joins UAE combat maneuvers
Updated 18 October 2021

Saudi air force joins UAE combat maneuvers

Saudi air force joins UAE combat maneuvers
  • The exercise also included air forces from other friendly countries

ABU DHABI: The Saudi Royal Air Force took part in the Missile Air War Center 2021 maneuvers on Sunday in Al-Dhafra Airbase in the UAE.

The exercise also included air forces from other friendly countries.

The exercise commander, Col. Pilot Ayedh Bin Saeed Al-Qahtani, said that the exercises kicked off with the highest levels of professionalism and safety measures.

The Saudi armed forces took advantage of previous experiences in similar exercises, he said, adding that the exercise included several stages and was preceded by the formation of working groups and preparatory meetings.

Al-Qahtani added that the drill aimed to raise the combat readiness level of the Saudi Royal Air Force, as well as enhance the operational ties between the SRAF and the participating counterparts.

He added that the drill included activities ranging from targeting enemy air defenses to tactical air operations, striking hostile targets, detecting and destroying enemy radar sites, intercepting enemy aircraft, and conducting strategic attack operations and air support operations for ground forces.

He noted that the participation of air forces from multiple countries in the drill helped develop scenarios that mimic what can happen on the ground, as it enables the participants to communicate and enhance their practical experiences.