International publishers exhibit works for first time at Riyadh book fair

International publishers exhibit works for first time at Riyadh book fair
The 2022 Riyadh International Book Fair is expanding to welcome many more International publishing houses and distributors to exhibit their works for the first time in Riyadh, including publishers from the United Kingdom and China. (AN photo)
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Updated 05 October 2022

International publishers exhibit works for first time at Riyadh book fair

International publishers exhibit works for first time at Riyadh book fair
  • One of the exhibitors at the book fair was China Intercontinental Press, a publishing house founded in 1993 by the Chinese government to promote the country’s culture and history abroad

RIYADH: The Riyadh International Book Fair 2022 has expanded to welcome many more international publishing houses and distributors to exhibit their works for the first time in the city, including publishers from the UK and China.

One of the exhibitors at the book fair was China Intercontinental Press, a publishing house founded in 1993 by the Chinese government to promote the country’s culture and history abroad.

“This is our first time in Riyadh, and what was interesting is that we found many people here who could speak Chinese very well,” Guo Xi, exhibit marketing manager, told Arab News.

During the publishing house’s first few days at the book fair, many people would approach their exhibit speaking Chinese, and they were pleasantly surprised by how often it happened. 




The 2022 Riyadh International Book Fair is expanding to welcome many more International publishing houses and distributors to exhibit their works for the first time in Riyadh, including publishers from the United Kingdom and China. (AN photo)

China Intercontinental Press displayed a variety of publications, including genres suitable for both adults and children.

“We have Chinese fiction books, as well as children’s books about Chinese culture and books on politics. They have all been translated into both Arabic and English,” Guo said.

What on Earth Publishing was another publishing house to feature at the book fair. The British company specializes in educational children’s books that present information creatively to help children better understand the material and develop a passion for books.

“This experience has been amazing. Honestly, I love the book fair, and I love the vibes here. Everyone is so helpful. I’m grateful for it,” Juman Salama, What on Earth assistant publishing director, told Arab News. 




The 2022 Riyadh International Book Fair is expanding to welcome many more International publishing houses and distributors to exhibit their works for the first time in Riyadh, including publishers from the United Kingdom and China. (AN photo)

The publishing house was founded this year, with the initial release of books in May 2022.

“We specialize in non-fiction scientific books aimed at children that discuss the history of engineering and science. We also have books about the Earth and global warming, teaching children how they can take better care of the planet in the near future,” Salama said.

“We try to give this information to children in creative ways so they can actually read and enjoy the books rather than just receive facts or information in a boring way. We are creative about it,” she said.

Britannia Books is another British distribution house that can be found at this year’s book fair in Riyadh. Based in London, the idea behind Britannia Books was conceived one year ago and was brought to life in August. 




The 2022 Riyadh International Book Fair is expanding to welcome many more International publishing houses and distributors to exhibit their works for the first time in Riyadh, including publishers from the United Kingdom and China. (AN photo)

“Britannia Books was established by three young men from Lebanon in the hopes of distributing English books from the UK to all the Arab world,” Hicham Karan, sales manager at Britannia Books, said.

“We wanted to bring English books for adults and children to our Arab world. We don’t have any specific genre; we are trying to fill all markets,” he said.

Karan has personally participated at the book fair in Riyadh with other publishing houses in the past, but this year marks the debut of his own distribution house.

“For me, the book fair in Riyadh was the pioneer and leader of all Arab book fairs. I have participated in six or seven countries’ book fairs around the world, and Riyadh’s was No. 1.”

Aside from book displays, the fair is also hosting cooking shows, cultural exhibitions and guest lectures throughout the 10-day event, featuring local and international pavilions.

In this year’s edition, Tunisia participated as the guest of honor, with 16 Tunisian publishing houses present. The Tunisian pavilion also highlighted the culture and history of the country through displays, workshops and cultural dialogues open to the public.

The Riyadh International Book Fair will continue until Oct. 8 at the Riyadh Front and is open from 11:00 a.m. to 12:00 a.m.


Saudi finances are in good shape, says central bank’s governor

Saudi finances are in good shape, says central bank’s governor
Updated 08 December 2022

Saudi finances are in good shape, says central bank’s governor

Saudi finances are in good shape, says central bank’s governor
  • The Saudi Central Bank will continue to manage its foreign-exchange reserves based on ‘balanced investment policies,’ Fahad Almubarak added
  • Finance Minister Mohammed Al-Jadaan said a predicted SR16 billion surplus reflects shrewd past investments by the Kingdom in its oil and gas sector

RIYADH: Monetary conditions in Saudi Arabia are reassuring, thanks to prudent monetary policies, and the country’s banking sector continues to enjoy good levels of liquidity, the governor of the Saudi Central Bank said on Wednesday.

Fahad Almubarak said the bank would continue to manage its foreign-exchange reserves based on “balanced investment policies.”

He added: “Despite the exceptional circumstances in the Kingdom and the world, the Saudi economy … has proven a high ability to withstand shocks. Monetary conditions in the Kingdom are reassuring as a result of the central bank’s prudent monetary policy.”

Almubarak commended the banking sector for “its financial solvency, operational efficiency, good liquidity, and ability to face current challenges.”

His comments followed the approval of the state budget for the coming fiscal year, which forecasts a surplus of SR16 billion ($4.3 billion) and gross domestic product growth of 3.1 percent, the finance ministry said.

During a media briefing in Riyadh on Wednesday, Saudi Finance Minister Mohammed Al-Jadaan said the predicted surplus reflects prior investments the Kingdom made in its oil and gas sector, as well as growth in non-oil sectors as officials implement the country’s Vision 2030 agenda for economic diversification.

“We invested a lot of money when people did not,” he said, according to AFP. “We are not celebrating the surplus; for us it’s not really big news, it’s something that we expected. We’ve been working … to curtail our spending, to increase our non-oil revenues.”

He added that “difficult decisions” that were taken are unlikely to be reversed based on a surplus this year and the expected surplus next year.

“The last thing we want is actually to change policies in haste,” he said.

The surplus will be distributed during the first quarter of 2023, with the bulk of it being used to increase the Kingdom’s reserves, Al-Jadaan said. Some will go to the National Development Fund and some “may be” transferred to the sovereign wealth fund, he added. He also said that the 2023 budget forecasts SR259 billion of military spending, according to Reuters.

“We listened to the blessing of the Custodian of the Two Holy Mosques of announcing the budget in the cabinet session, which took into account the rapid growth that the Kingdom has been witnessing and the achievement of many targets under the Kingdom’s Vision 2030,” he said in comments broadcast on Al-Ekhbariya TV.

(With Reuters and AFP)


Summits in Riyadh reflect Kingdom’s desire to enhance relations with China: Saudi foreign minister

Summits in Riyadh reflect Kingdom’s desire to enhance relations with China: Saudi foreign minister
Updated 08 December 2022

Summits in Riyadh reflect Kingdom’s desire to enhance relations with China: Saudi foreign minister

Summits in Riyadh reflect Kingdom’s desire to enhance relations with China: Saudi foreign minister
  • Speaking as Chinese President Xi Jinping arrived in Riyadh for an official visit, Prince Faisal bin Farhan said bilateral relations are characterized by friendship, trust, cooperation and coordination
  • Xi is expected to attend a Saudi-Chinese summit, the Gulf-China Summit for Cooperation and Development, and the Riyadh Arab-China Summit for Cooperation and Development

RIYADH: Three summits due to take place in Riyadh in the coming days reflect the shared determination of the Kingdom, the other Gulf Cooperation Council nations and the wider Arab world to strengthen cooperation and enhance strategic relations with China in pursuit of greater growth and prosperity for all of the countries and their peoples, according to Saudi Foreign Minister Prince Faisal bin Farhan.

“The relations between the Kingdom and China are strategic and close in light of the international developments and changes taking place,” he said.

He added that the bilateral relationship is characterized by friendship, mutual trust, cooperation and continuous coordination, the Saudi Press Agency reported.

His comments came as Chinese President Xi Jinping arrived in Riyadh on Wednesday evening for a three-day official visit, during which he is expected to attend a Saudi-Chinese summit, the Gulf-China Summit for Cooperation and Development, and the Riyadh Arab-China Summit for Cooperation and Development.

Prince Faisal praised the contribution made by a high-level Saudi-Chinese joint committee to the development of relations between the two countries in many fields. He said the bilateral economic relationship is progressing rapidly against the backdrop of the Kingdom’s Vision 2030 development and diversification plan and China’s Belt and Road Initiative, which offer promising opportunities for cooperation, sustainable development and mutual benefits.

He added that China has ranked as the Kingdom’s top trading partner since 2018, and that the value of bilateral trade in 2021 was SR309 billion ($82.1 billion), an increase of 39 percent compared with the previous year.


Culture can open the door to a ‘green’ future, says Saudi minister

Culture can open the door to a ‘green’ future, says Saudi minister
Updated 08 December 2022

Culture can open the door to a ‘green’ future, says Saudi minister

Culture can open the door to a ‘green’ future, says Saudi minister
  • Prince Badr met with a number of his counterparts on the sidelines of the forum
  • A number of agreements were signed during bilateral meetings to enhance cultural cooperation

RIYADH: Saudi Arabia’s Ministry of Culture, in cooperation with the Arab League Educational, Cultural and Scientific Organization, on Wednesday organized the 23rd Conference of Arab Culture Ministers in the capital, Riyadh, the Saudi Press Agency reported.

The event, which was held under the patronage of Prince Badr bin Abdullah bin Farhan, minister of culture, and chairman of the National Committee for Education, Culture and Science, was attended by ministers and officials from 20 Arab countries, as well as representatives of the Arab League, and regional and international organizations.

The minister of culture, who is also president of the 23rd session, said: “This year’s session, whose main theme is: ‘Culture and the green future,’ aims to make the cultural sector more sustainable, as we seek to make it the starting point of international efforts involving the cultural sector with its various branches, extending to cover all elements of its value chain.”

He added: “The utilization of culture toward the green future contributes to instilling culture in the global development debate, which receives the full attention of King Salman and Crown Prince Mohammed bin Salman, through the Kingdom’s participation in global cultural platforms, where the ‘Culture and the green future’ theme conforms to the goals of the Kingdom Vision 2030.”

He said that this, in return, highlights the Kingdom’s support of collective efforts to enhance knowledge, skills and practices related to making the cultural sector more sustainable and environmentally friendly.

During the conference, ministers focused on the role of culture in achieving sustainable development, while working to develop effective sectorial policies that bring added value to collective efforts to move toward a more creative and sustainable future.

Meanwhile, Prince Badr met with his Egyptian counterpart Nevin Al-Kilany on the sidelines of the forum, where the two sides signed a memorandum of understanding to enhance cooperation in the cultural field.

The memorandum included cultural fields, such as heritage, visual arts, performing arts, literature, books and publishing, Islamic decoration and other creative tracks.

It also included work to enhance the participation of Saudi and Egyptian intellectuals in festivals and cultural events held in the two countries, in addition to joint cooperation in training and qualifying local artistic cadres, and benefiting from experiences in the two countries in the fields of museums, urban heritage and handicraft industries.

Prince Badr praised the strong strategic relations that link the Kingdom with Egypt in all cultural fields. The two parties also discussed cooperation in the field of registering intangible heritage files with UNESCO, and cooperation in the field of exchanging expertise through cultural scholarship programs.

Prince Badr met with the Moroccan Minister of Youth, Culture and Communication Mohamed Mehdi Bensaid where another agreement was signed to enhance cultural cooperation in various fields, including literature, publishing and translation, heritage, architecture and design, museums, theater and performing arts.

The memorandum also included enhancing the participation of Saudi and Moroccan intellectuals in festivals and cultural events held in the two countries, in addition to exchanging expertise in organizations and cultural policies.

He also held similar meetings with the Director-General of the Islamic World Educational, Scientific and Cultural Organization Salem Al-Malik, and the Director-General of ALECSO, Mohamed Ould Amar, where they discussed the most prominent current cooperation programs between the organizations and the Kingdom, and memoranda of understanding were signed.

He also met with his Tunisian and Djiboutian counterparts, and the president of the Bahrain Authority for Culture and Antiquities.


Saudi Arabia, ALECSO sign cultural cooperation agreement 

Saudi Arabia, ALECSO sign cultural cooperation agreement 
Updated 08 December 2022

Saudi Arabia, ALECSO sign cultural cooperation agreement 

Saudi Arabia, ALECSO sign cultural cooperation agreement 

Saudi Minister of Culture Prince Badr bin Abdullah bin Farhan met Director General of the Arab League Educational, Cultural and Scientific Organization Mohamed Ould Amar in Riyadh on Wednesday.

The meeting was part of the Saudi minister’s bilateral discussions on the sidelines of the 23rd session of the Conference of Arab Culture Ministers, which was held in the Saudi capital and organized by the Ministry of Culture in cooperation with ALECSO.

During the meeting, a memorandum of understanding was signed between the ministry and ALECSO to enhance cultural cooperation through a range of items, including registering natural sites and heritage elements in UNESCO lists.
 


Saudi FM attends GCC preparatory session ahead of summit

Saudi FM attends GCC preparatory session ahead of summit
Updated 07 December 2022

Saudi FM attends GCC preparatory session ahead of summit

Saudi FM attends GCC preparatory session ahead of summit

RIYADH: Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan on Wednesday participated in the work of the 154th session of the preparatory ministerial council for the 43rd session of the Supreme Council of the Gulf Cooperation Council, which was held at the headquarters of the GCC General Secretariat in Riyadh.
The meeting was chaired by Oman’s Minister of Foreign Affairs Sayyid Badr Albusaidi, who is also president of the council’s current session, with the participation of Gulf foreign ministers, and GCC Secretary-General Dr. Nayef Al-Hajraf.
During the meeting, the ministers discussed ways of enhancing the process of joint cooperation and coordination between the GCC countries, and the developments of the situation in the region.
They also discussed the latest regional and international developments, and the schedule of the work of the Chinese-Gulf Summit for Cooperation and Development that will be attended by Chinese President Xi Jinping and GCC leaders.