SGI: Youth will play a big role in Saudi Arabia’s environmental agenda

SGI: Youth will play a big role in Saudi Arabia’s environmental agenda
Almost 51 percent of the Kingdom's population is below 25 years old (Getty)
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Updated 24 October 2021

SGI: Youth will play a big role in Saudi Arabia’s environmental agenda

SGI: Youth will play a big role in Saudi Arabia’s environmental agenda
  • "It is your generation that must make us be accountable," says UN Secretary-General Antonio Guterres

DUBAI/JEDDAH: Saudi Arabia is in full gear to host the upcoming Saudi Green Initiative in Riyadh — a much awaited event that will set out the Kingdom’s ambitious environmental agenda. 

But the event is not only going to cover Saudi efforts to fight climate change, but also rally the wider Middle East region to comply with international targets, including limiting global warming to below 2 degrees compared to pre-industrial levels. 

Experts all over the world have emphasized the role of collaboration to achieve this, with Saudi Arabia demonstrating it with its remarkable hosting of the G20 summit last year — at the height of the COVID-19 pandemic. 

The efforts are not only coming from governments though — one of the most reported environmental campaigns is coming from young people, which the UN said is just logical given they are the inheritors of the Earth.

“My generation has largely failed until now to preserve both justice in the world and to preserve the planet. It is your generation that must make us be accountable to make sure that we don't betray the future of humankind,” UN Secretary-General Antonio Guterres previously said in a statement. 

This will be reflected in the upcoming SGI, where a parallel event that focuses on youth participation in the regional and global environmental agenda will be held.

The Youth Green Summit, happening on October 24, is “a platform for environmental literacy, advocacy, and policy making,” according to the SGI website. 

It will feature interactive workshops and collaborative climate policy activities, as well as panels with leading youth activists. 

Saudi Arabia has a massive young population — almost 51 percent of the Kingdom is below 25 years old, and the government has been empowering them to contribute to Crown Prince Mohammed bin Salman’s “Vision 2030” to improve the quality of life in the Kingdom. 

A Saudi-based founder of a local environmental initiative said including the youth in discussions about the environment is “what will provide effective results.”

“The future of national development in the Kingdom hinges on empowering its youthful majority,” Eshraq Al-Haddad told Arab News.

She added: “The Kingdom has already made tremendous efforts to empower youth through programs and projects of national transformation initiatives, increasing their participation in society and the labor market.”

Al-Haddad said many young Saudis have shown an increasing interest in environmental sustainability, and many are championing this cause through creating businesses or promoting environmental awareness through community activities or campaigns.

“In a recent development, Saudi youth have been profoundly involved in the lead up to the Saudi G20 Summit. Hence, youth have been the major beneficiaries of the chance for open dialogue and inclusive policy making,” she said.

The Saudi youth is “yearning for an active role to make a positive impact towards the environment,” Al-Hadded said, adding the “Saudi Green Initiative is a great step.”

A 23-year-old Saudi-based diver, Joud Hamshari, said she is “thrilled” for the upcoming Youth Green Summit.

“We scuba dive to explore the underwater and enjoy the scenery of marine life. As divers, it is our responsibility to preserve the aquatic environment, and it is good to have the support of SGI to sustain the effort we do as scuba divers,” she said.

Other divers like Hamshari have been involved in different activities to create awareness in their own communities, including annual clean-up drives. 

Fifteen-year-old Saudi Nour Binmahfouz said: “As divers, it is our obligation to preserve the aquatic environment and educate those who have neglected their duties. With the support of the Saudi Green initiative, us divers will be able to continue with our efforts in spreading awareness as pollution in the ocean has skyrocketed.”

The SGI Forum will take place on October 23, followed by the Youth Green Summit on the next day.

 


NEOM to build Cognitive City security system to defend against cyber attacks

NEOM to build Cognitive City security system to defend against cyber attacks
Updated 10 sec ago

NEOM to build Cognitive City security system to defend against cyber attacks

NEOM to build Cognitive City security system to defend against cyber attacks

RIYADH: NEOM signed an initial agreement on Thursday to build and trial the ‘Cognitive City’ quantum security system, a statement revealed.

NEOM has teamed up with Arqit Quantum, known as Arqit, to develop new software capable of defending cognitive cities against cyber attacks.

The new quantum system will be built and tested at NEOM during the first half of 2022, and it can also be exported to other cognitive cities around the world, the statement said.

“NEOM is without doubt leading the world in the development of cognitive communities, and therefore the perfect launch partner for this technology,” Executive Director of Emerging Technologies for NEOM Mansoor Hanif said.


Tighter state control eases China's producer inflation in November from 26-year high

Tighter state control eases China's producer inflation in November from 26-year high
Image: Shutterstock
Updated 47 min 41 sec ago

Tighter state control eases China's producer inflation in November from 26-year high

Tighter state control eases China's producer inflation in November from 26-year high
  • The jump in consumer prices was mainly driven by increasing food prices

Tighter government control triggered a slowdown in Chinese producer prices as they went up by an annual rate of 12.9 percent in November, easing from the previous month’s 26-year high of 13.5 percent, official data showed.

The loss of steam reflects the efficacy of the government’s policies of controlling commodity prices and supply shortfalls in the previous period. 

The world's second-largest economy has tried to adopt policies of supply and price stabilization to curb the rise in prices.

This would improve policymakers’ ability to boost the economy, Bloomberg reported.

On a monthly basis, producer prices didn’t experience any change in November compared to a 2.5 percent increase a month earlier.

Meanwhile, consumer prices went up by a yearly rate of 2.3 percent, up by 0.8 percent from a month earlier, to hit its highest level since August 2020. 

The inflationary pressures were attributable to last year’s low base effects.

The jump in consumer prices was mainly driven by increasing food prices, which went up by 1.6 percent, accelerating from the previous month’s drop. 

In particular, fresh vegetables prices surged by 30.6 percent while that of pork slumped by 32.7 percent.

In addition, annual core inflation rate, which excludes changes in volatile items such as food and energy, hit 1.2 percent in November dropping by 0.1 percent from October’s level.


Dubai-based organic nappy maker PureBorn raises $2m seed money 

Dubai-based organic nappy maker PureBorn raises $2m seed money 
Updated 57 min 34 sec ago

Dubai-based organic nappy maker PureBorn raises $2m seed money 

Dubai-based organic nappy maker PureBorn raises $2m seed money 
  • The female-led company will use the funds to expand internationally and further its product development

DUBAI: Dubai-based startup PureBorn, which produces eco-friendly baby products, has raised $2 million in its latest seed funding round. 

The female-led company will use the funds to expand internationally and further its product development, it said in a statement. 

“As a consumer goods, e-commerce business, and a female-owned and run SME (small and medium enterprise), we are thrilled to be paving the way in this exciting category,” PureBorn founder Hannah Curran said.


Celebrity shoutout platform Minly acquires Dubai’s Oulo to consolidate reach 

Celebrity shoutout platform Minly acquires Dubai’s Oulo to consolidate reach 
Updated 09 December 2021

Celebrity shoutout platform Minly acquires Dubai’s Oulo to consolidate reach 

Celebrity shoutout platform Minly acquires Dubai’s Oulo to consolidate reach 

DUBAI: Egyptian startup Minly is acquiring Dubai-based celebrity shoutout platform Oulo to combine services and reach for an undisclosed value. 

The platforms allow fans to connect with athletes, musicians, and other celebrities, and the merged business will combine the pair’s roster of celebrities across the Arab region. 

“Historically, the majority of pan-Arab celebrities were either Egyptian or Lebanese. Therefore, combining forces unlocks immense synergies as, together, we dominate the two most important sources of cultural content,” Kamal Nazha, Oula’s founder, said.

The acquisition follows Minly’s recent seed round where it raised $3.6 million off the back of a year of growth for the platform. It acquired 130,000 users and 1,000 celebrities in just over a year.

“Our mission is to become the number one creator economy platform in the region, and speed to market is critical to achieving this,” Minly chief Mohamed El-Shinnawy told Tech Crunch in an interview. 


Gazprom Neft expects record hydrocarbon output this year, topping 100m tonnes

Gazprom Neft expects record hydrocarbon output this year, topping 100m tonnes
Close-up of Gazprom Neft truck. Translation of a sign in Russian means Gazprom Oil. Shutterstock
Updated 09 December 2021

Gazprom Neft expects record hydrocarbon output this year, topping 100m tonnes

Gazprom Neft expects record hydrocarbon output this year, topping 100m tonnes
  • The company has been actively developing northern regions of Russia, mainly the Yamal region

Gazprom Neft, the oil arm of Russian gas giant Gazprom, expects its hydrocarbon production to exceed 100 million tons of oil equivalent this year, reaching a record high, it said on Thursday.


Gazprom Neft had aimed to reach the 100 million tons target by 2020 but had to delay that due to production restrictions agreed by the OPEC+ group of leading oil producing countries.


The company has been actively developing northern regions of Russia, mainly the Yamal region, as its key oilfields in Western Siberia are beсoming increasingly depleted.


Gazprom Neft said on Thursday that higher production volumes in 2021 have been supported by the commissioning of the Tazovskoye field in the Yamal-Nenets region, as well as the launch of a new integrated gas treatment plant at the Vostochno-Messoyakhskoye field.


The company also said it would increase investment next year.


“In 2022, Gazprom Neft’s total investment is expected to increase by more than 10 percent, with funding for the investment program expected to exceed 500 billion roubles ($6.8 billion),” it said.