Deal signed to support Saudi fashion designers

Deal signed to support Saudi fashion designers. (Twitter: FashionMOC)
Deal signed to support Saudi fashion designers. (Twitter: FashionMOC)
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Updated 24 April 2022

Deal signed to support Saudi fashion designers

Deal signed to support Saudi fashion designers. (Twitter: FashionMOC)
  • The two parties will also collaborate on sustainability programs and projects in the fashion sector, with implementation supervised by specialist teams from both sides

RIYADH: A deal to support Saudi fashion designers has been signed between the Fashion Commission and Fawaz A. Alhokair and Partners Co, the only fashion company listed on the Saudi stock market.

It was signed at the Ministry of Culture headquarters in the presence of commission CEO Burak Cakmak and Ahmed Al-Sultan, legal representative of Fawaz Alhokair and Partners Co, the Saudi Press Agency reported.

Under the terms of the agreement, designers will benefit from the support of commercial platforms managed by Fawaz A. Alhokair and Partners Co.

The two parties will also collaborate on sustainability programs and projects in the fashion sector, with implementation supervised by specialist teams from both sides.

Cakmak emphasized the importance of strengthening cooperation between the commission and Fawaz A. Alhokair and Partners Co. as a valuable partner in the support and development of the Kingdom's fashion community.

He noted the unique position of Fawaz A. Alhokair and Partners Co. as the only fashion company listed on the Saudi stock market, underlining the significance of joining forces with firmly rooted establishments to support local innovators and develop the fashion sector as a contributor to Saudi economic growth.

Marwan Moukarzel, CEO of Fawaz A. Alhokair and Partners Co., said: “We are pleased to work with the Fashion Commission to support and empower Saudi Arabia’s local fashion designers. We are confident that, by diversifying the market, we are strengthening the local ecosystem and showcasing what the Kingdom has to offer as Alhokair continues to be the leading lifestyle retailer in the country and the partner of choice for local and international brands.

"This strategic partnership reinforces our commitment to building an agile and sustainable business, contributing to economic growth and talent development supporting Saudi Arabia’s Vision 2030.”

The Fashion Commission has signed agreements with parties in the public and private sectors to improve its goal of enhancing local partnerships, empowering the Saudi fashion sector, and developing its capabilities to meet world-class standards in fashion.

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New Saudi defense minister meets senior ministry officials

New Saudi defense minister meets senior ministry officials
Updated 8 sec ago

New Saudi defense minister meets senior ministry officials

New Saudi defense minister meets senior ministry officials
  • Prince Khalid bin Salman said the ministry will continue to follow the path set by his predecessor, Crown Prince Mohammed bin Salman

RIYADH: Saudi Arabia’s new minister of defense, Prince Khalid bin Salman, met senior ministry officials in his office on Wednesday.

Formerly the deputy defense minister, his appointment was announced on Tuesday as part of a cabinet reshuffle. He takes over from Crown Prince Mohammed bin Salman, who was appointed prime minister.

Prince Khalid gave a speech in which he thanked King Salman and the crown prince for the trust they have placed in him. He said the close attention his predecessor paid to the work of the Ministry of Defense had resulted the launch of its development program, which reflects the crown prince’s belief in efforts to maintain the highest standards of military development.

He stressed that the ministry will continue to follow the path set by the crown prince to become a modern institution staffed by professional and joint military forces capable of protecting homeland security from external threats, and leading alliances with high degrees of competency. 

 

 


Saudi defense minister meets with head of Yemeni presidential leadership council

Saudi defense minister meets with head of Yemeni presidential leadership council
Updated 23 min 56 sec ago

Saudi defense minister meets with head of Yemeni presidential leadership council

Saudi defense minister meets with head of Yemeni presidential leadership council

RIYADH: Saudi Arabia’s Defense Minister Prince Khalid bin Salman met with the Yemeni Chairman of the Presidential Leadership Council Rashad Al-Alimi on Wednesday.

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Saudi officials sign deal to develop Saudi UK Tech Hub

Saudi officials sign deal to develop Saudi UK Tech Hub
Updated 39 min 53 sec ago

Saudi officials sign deal to develop Saudi UK Tech Hub

Saudi officials sign deal to develop Saudi UK Tech Hub
  • Ministry and Saudi British Joint Business Council will work together on platform to connect entrepreneurs in both countries with partners and investors

RIYADH: The Ministry of Communications and Information Technology has signed a memorandum of understanding with the Saudi British Joint Business Council to develop the Saudi UK Tech Hub, the Saudi Press Agency reported.

The hub is a digital platform that aims to connect Saudi and British entrepreneurs with partners and supporters in both countries, while enhancing and supporting the technical ecosystems.

Under the agreement, which was signed by Ibrahim Al-Nasser, undersecretary at the ministry, and SBJBC CEO Chris Anis Hopkins, the two sides will establish a board of directors comprising representatives from the Saudi and British public and private sectors. SBJBC will manage the hub’s financial affairs and provide support.

By helping to facilitate knowledge transfer, increase investment, and strengthen relationships, the platform aims to support the efforts of both countries to develop their positions as regional technology and innovation hubs, authorities said.

 


Arab, Muslim leaders congratulate Saudi crown prince on his appointment as prime minister

Arab, Muslim leaders congratulate Saudi crown prince on his appointment as prime minister
Updated 28 September 2022

Arab, Muslim leaders congratulate Saudi crown prince on his appointment as prime minister

Arab, Muslim leaders congratulate Saudi crown prince on his appointment as prime minister
  • Leaders wish Saudi crown prince success and hope that relations between their countries will continue to grow under his leadership

RIYADH: Arab and Muslim leaders have congratulated Crown Prince Mohammed bin Salman following his appointment as Saudi Arabia’s prime minister on Tuesday, Saudi Press Agency reported.  

UAE President Sheikh Mohammed bin Zayed Al-Nahyan and Vice President Sheikh Mohammed bin Rashid Al-Maktoum congratulated the crown prince on his appointment.

Qatar’s Emir Sheikh Tamim bin Hamad Al-Thani wished the crown prince success and hoped the relations between the two brotherly countries will continue to develop and grow. 

Bahrain’s King Hamad bin Isa Al-Khalifa also sent a similar cable. 

Pakistan’s Prime Minister Shehbaz Sharif said: “On this occasion, I congratulate His Royal Highness Crown Prince Mohammed bin Salman bin Abdulaziz Al-Saud, wishing him further success and the Kingdom of Saudi Arabia further welfare and prosperity under the leadership of King Salman bin Abdulaziz Al-Saud.”


Saudi tourism gets chance to bloom in UN challenge

Saudi tourism gets chance to bloom in UN challenge
Updated 28 September 2022

Saudi tourism gets chance to bloom in UN challenge

Saudi tourism gets chance to bloom in UN challenge
  • The UNWTO’s Natalia Bayona said that Saudi Arabia is a “priority because of how the country is committed to creating tourism as a public policy and as an economic sector” 
  • Bayona added that goals in the country’s Vision 2030 for “youth empowerment, women’s empowerment, sustainability, and tourism” are central to the UNWTO’s mission

RIYADH: Saudi Arabia’s blossoming tourism industry is being offered the chance to grow even faster through a UN challenge that helps nurture the best businesses.

Natalia Bayona of the UN World Tourism Organization has said she wants Saudi entrepreneurs to enter her agency’s Awake Tourism Challenge, whose previous winners have gained international experience and expert advice, and raised $350 million of investment over the four years it has run.

Bayona, the agency’s director of innovation, education and investments, told Arab News that Saudi Arabia is a “priority because of how the country is committed to creating tourism as a public policy and as an economic sector.” 

She added that goals in the country’s Vision 2030 for “youth empowerment, women’s empowerment, sustainability, and tourism” are central to the UNWTO’s mission.

“We’d like to give visibility and promote Saudi Arabia as a country making a strong effort in the tourism sector,” she said.

The challenge is a perfect opportunity to identify Saudi-based entrepreneurs trying to solve challenges they face in the sector, Bayona added.

Entrants are judged in one or more categories, including local community involvement, environmental work, good use of technology, employee development and the empowerment of women in business.

Bayona said the UNWTO is pushing for enterprises to employ locally to help develop rural economies.

“Eighty percent of people living in extreme poverty live in rural areas. Tourism can be part of the way rural areas can be developed,” she said.

Bayona added that women’s empowerment is important “because they have the lowest salaries, the lowest-status jobs. Nonetheless, tourism is the sector that hires the most women worldwide.”

She said the basing of her agency’s regional office in Saudi Arabia shows how seriously it takes the country’s efforts to expand tourism.

The UNWTO’s partners include tourism bodies from more than 160 countries, 100 universities, more than 400 investors and around 500 corporations.

The Awake Tourism Challenge has helped winners raise more than $350 million and helped create more than 100 pilot projects. The deadline to enter this year’s initiative is Oct. 15.