New business club launched for young Saudi, French entrepreneurs
New business club launched for young Saudi, French entrepreneurs/node/2279481/saudi-arabia
New business club launched for young Saudi, French entrepreneurs
Partnerships have also been established with other organizations to create a broad network of young entrepreneurs and business leaders, according to the club (Supplied)
New business club launched for young Saudi, French entrepreneurs
The French Saudi Youth Business Club is intended to be a platform for young entrepreneurs from both sides to connect and collaborate
Updated 01 April 2023
Samia Hanifi
RIYADH: The French Embassy in Riyadh recently organized a sahoor to celebrate the launch of the French Saudi Youth Business Club.
Ludovic Pouille, France’s ambassador to the Kingdom, thanked Mohammed Mourchid, one of the organizers of the business club, for his exceptional efforts in organizing the initiative. He also thanked Riyadh Al-Zamil, a member of the board of directors of the Riyadh Chamber of Commerce, for his “unconditional support.”
Mourchid told Arab News: “This initiative is the result of a number of observations, notably that relations are excellent between our two countries in various strategic sectors, but that this is not necessarily reflected at the level of youth. More than 70 percent of the Saudi population is under the age of 30, and youth represents the future. Both in France and in Saudi Arabia, our leaders are also young.
“This initiative will make it possible to create a solid bridge between young Saudis and young French people,” Mourchid added.
Al-Zamil told Arab News he was deeply honored to be part of the club. “I am personally committed to supporting all initiatives to ensure a bright future for our children and great-grandchildren,” he said.
Racha Al-Khamis, vice president of the Saudi Arabian Boxing Federation and member of the Asian Boxing Federation, stressed that women are able to contribute to the development of Saudi society and are capable of making a difference in all areas.
She said that her success as a woman was primarily due to her father, who always treated her as an equal to her brother. “My father used to mentor us. I used to get the same criticism as my brother,” she said.
The French Saudi Youth Business Club is intended to be a platform for young entrepreneurs from both sides to connect and collaborate with each other. To achieve its goals, the club plans to organize business-related activities focusing on a range of topics, including innovation, technology, sustainability and future trends.
Partnerships have also been established with other organizations to create a broad network of young entrepreneurs and business leaders, according to the club.
KSreleif provide prosthetic limbs for 216 civilians in Yemen’s Marib
Updated 04 June 2023
Arab News
Riyadh: The King Salman Humanitarian Aid and Relief Center (KSrelief) provided prosthetic limbs for 216 civilians mutilated during the war in Yemen during the month of April, the Saudi Press Agency reported.
The Prosthetic Limbs and Rehabilitation Center project in Marib Governorate provided various medical services to citizens who had lost their limbs. The prostheses were manufactured and mounted, and 60 patients underwent rehabilitation through physiotherapy; 156 patients were given specialized consultations.
Amputations performed on civilians have been a prominent feature of the vicious war in Yemen, with many requiring assistance from KSrelief after suffering life-changing injuries from bombs and landmines.
Elsewhere, the center managed on Saturday to distribute 75 food packages to more than 549 displaced families in Gezira state, in Sudan, as part of the Saudi relief air bridge that KSrelief is running to help the Sudanese people.
Global Research Council re-elects Saudi Arabia as MENA region chair
The decision came during the 11th annual meeting of the Global Research Council in The Hague
The Kingdom presented a working paper on the challenges and opportunities faced by the research councils in the MENA region
Updated 03 June 2023
Arab News
RIYADH: Saudi Arabia has been re-elected to represent the Middle East and North Africa region on the governing board of the Global Research Council during its 11th annual meeting in The Hague, The Netherlands, the Saudi Press Agency reported on Saturday.
The President of King Abdulaziz City for Science and Technology, Dr. Munir Eldesouki, will continue to represent Saudi Arabia at the GRC and his re-election reaffirms the Kingdom’s prominent position in the scientific and research fields and its commitment to enhancing joint cooperation among research centers in the MENA region.
This achievement is also a testament to the unwavering support of King Salman and Crown Prince Mohammed bin Salman, who is head of the Higher Committee of Research, Development and Innovation.
During the annual meeting, which took place from May 29 to June 2, Eldesouki chaired a meeting of the heads of research councils from the MENA region and participated in a panel discussion on the funding of climate change research, in which the participants endorsed a statement to strengthen international cooperation, research outputs, scientific communication, financing strategies, taking into account social and economic conditions, local cultures and knowledge, capacity building in science, innovation and entrepreneurship, and identifying best practices.
Eldesouki, who is also the general supervisor of the founding team of the Research, Development and Innovation Authority, met with a number of heads of international research councils from Singapore, Canada, the US, Turkiye, Britain and Germany to discuss areas of cooperation on the sidelines of the annual meeting.
The Kingdom presented a working paper on the challenges and opportunities faced by the research councils in the MENA region and the delegation participated in a number of other key meetings, including the council’s executive committee, the international consultative committee, and the working groups concerned with equality, diversity and inclusion, responsible evaluation of research, and international multilateral funding.
Saudi Arabia has played a pivotal role in the GRC’s work since its establishment in 2012, including strengthening cooperation between research funding institutions, exchanging best practices and expertise in supporting scientific research, and exploring ways to support the scientific community across the world.
The Kingdom currently occupies the position of vice-chair of the GRC’s board of governors and also represents the regional research councils of the MENA region on the board, as well as on the executive committee.
Dhahran students win big at first Formula 1 in Schools event in Saudi Arabia
Three teams showing great promise have qualified for Formula 1 in Schools World Finals in a first for Saudi Arabia
Updated 04 June 2023
Jasmine Bager
DHAHRAN: The Kingdom’s first Formula 1 in Schools event took place at the King Abdulaziz Center for Culture (Ithra) recently.
The three-day event featured F1 race car displays and discussion sessions led by F1 experts, as well as the announcement of the Saudi teams who will represent the Kingdom in the Aramco F1 in Schools World Finals in Singapore later this year: Shaheen from Dhahran, Oryx from Dhahran, and Abiyya from Riyadh.
The five regions represented were Dhahran, Al Ahsa, Riyadh, Madinah and Jeddah. Dhahran won big, collecting seven of the 13 national awards.
The three-day event at Ithra included race car displays and discussions. (SPA)
According to the official statement, “F1 in Schools is a global educational program that aims to raise awareness of STEM and Formula 1 among school students. Students are challenged and inspired through a STEM-based learning program covering topics such as physics, aerodynamics, design, manufacturing, branding, graphics, sponsorship, marketing, leadership/teamwork, media skills and financial strategy.
“The students will then apply what they learn in a practical, imaginative, exciting and competitive environment that echoes a scaled-down version of an F1 team.”
HIGHLIGHTS
• F1 in Schools is a competition where students form teams to design and manufacture miniature F1 race cars.
• The Saudi teams that won the national finals are Shaheen from Dhahran, Oryx from Dhahran, and Abiyya from Riyadh.
Andrew Denford, founder and chairman of F1 in Schools, told Arab News: “I’ve just attended the first ever Saudi Arabia national final, it’s been absolutely incredible.” He noted that 68% of the participating students were female.
The F1 in Schools World Finals will take place in Singapore in September. (Supplied)
“We’re over the moon,” he continued. “I can’t wait to see the three teams in Singapore in September in the World Finals.”
During the awards ceremony, Ithra director Abdullah Al-Rashid offered words of encouragement to the students. He said Saudi Arabia is known for its energy — but will also be now known for the energy of its youth.
He noted that the F1 in Schools program not only helped to create young leaders of the future, but built friendships that he hoped would last a lifetime. The students “didn’t just build a car,” he told the crowd.
Dhahran also is sending F1 in Schools’ second place winners, ORYX team, to Singapore to represent the Kingdom. (Supplied)
Aramco announced its plan to sponsor F1 in Schools as a title partner back in 2019. Ithra, being an Aramco initiative, took the wheel in the Kingdom, in partnership with the King Fahd University for Petroleum and Minerals.
Through a rigorous selection process, 16 teams from across Saudi Arabia were chosen to participate. Each team had a local training hub, including specialist facilitators and a state-of-the-art research and development lab. The training included creating a brand identity and marketing plan, as well as learning about the engineering involved in F1 cars.
We call ourselves Shaheen. It is the fastest supercomputer in the world (located in KAUST). And it’s also Arabic for ‘falcon,’ which represents the culture of our country, Saudi Arabia.
Noor Alsadat, Shaheen project manager
David Palfreeman, one of the judges, who flew in from Australia for the occasion, has been a judge in the program since 2018. He noted that the students in Saudi Arabia were already at the same level as some of the graduate students he has met.
“Super, super-impressed with the quality of the presentation and documentation, the standard is really high. Just very, very well presented. Really well thought-out, consistent,” he told Arab News. “The Saudi students are all so articulate, they’re so confident. It’s really exciting.”
Riyadh’s ABIYYA team won third place and is also heading to Singapore in September to represent the Kingdom. (Supplied)
Ithra also hosted a few interactive sessions to coincide with the announcement of the winners. The Great Hall had F1 simulator stations, exhibition booths, a Lego workshop, a pit-stop challenge and a “Formula 1 Through the Years” exhibition.
In the main plaza, a neon-green Aston Martin car with the Aramco logo could be seen and was likely the most photographed item during the three-day event. There was also a booth selling official Aramco and Aston Martin F1 merchandise, including gilets, caps, t-shirts and other items.
The big winners of the day, team Shaheen, were led by project manager Noor Alsadat, who jumped up and down with her whole team as the crowd rose to their feet to applaud them.
“We are very happy that we won first place. I’m very proud of my team. We came from different schools, we met in the Khobar Hub and we created our team,” Alsadat told Arab News. “We call ourselves Shaheen. It is the fastest supercomputer in the world (located in KAUST). And it’s also Arabic for ‘falcon,’ which represents the culture of our country, Saudi Arabia.”
Saudi minister of industry and mineral resources begins official visit to Egypt
Bandar Alkhorayef is set to meet with various government officials and investors
His visit will explore opportunities to enhance cooperation in the industry and mining sectors
Updated 03 June 2023
Arab News
RIYADH: Saudi Arabia’s Minister of Industry and Mineral Resources Bandar Alkhorayef began an official visit to Egypt to discuss bilateral relations and explore opportunities to enhance cooperation in the industry and mining sectors, the Saudi Press Agency reported on Saturday.
Alkhorayef, who is being accompanied by Deputy Minister of Industry and Mineral Resources Osama Al-Zamil, is scheduled to meet with various government officials and investors in the industrial and mining sectors from both countries, and will conduct field visits to multiple companies and factories.
This visit is part of Saudi Arabia’s efforts to bolster the role of the industrial and mining sectors in the national economy and attract investors from around the world. His trip will also look to review investment opportunities and highlight the Kingdom’s initiatives to develop the two sectors.
Last year, the volume of Saudi non-oil exports to Egypt exceeded SR11 billion ($2.9 billion), while imports totalled SR10 billion. The Kingdom’s primary exports to Egypt included petrochemicals, building materials, and medicines, while key imports consisted of food products, heavy machinery, and electronics.
