‘WEF conference in Riyadh testified to growing global interest in Saudi Vision 2030 reform agenda,’ EUSR to Gulf Luigi Di Maio tells Arab News

Short Url
Updated 01 May 2024
Follow

‘WEF conference in Riyadh testified to growing global interest in Saudi Vision 2030 reform agenda,’ EUSR to Gulf Luigi Di Maio tells Arab News

‘WEF conference in Riyadh testified to growing global interest in Saudi Vision 2030 reform agenda,’ EUSR to Gulf Luigi Di Maio tells Arab News
  • EU special representative for the Gulf region announces new European Chamber of Commerce in Riyadh
  • Luigi Di Maio lauds strong bilateral cooperation between the EU and Saudi Arabia on energy, security and Gaza

RIYADH: Riyadh’s hosting of the World Economic Forum this week is a signal of the global business community’s growing interest in Saudi Arabia’s Vision 2030 reform agenda, Luigi Di Maio, the EU special representative for the Gulf region, has said.

WEF’s special meeting on global collaboration, growth and energy for development took place in the Saudi capital on April 28-29 and was attended by 1,000 government, business and civil society leaders.

Di Maio, who is approaching his first anniversary in his role as EU special representative for the Gulf region, believes the choice of Riyadh as the summit venue reflects changing global perceptions of the Kingdom.

“First of all, the fact that the World Economic Forum, for the first time, is in Riyadh, testifies to the interest of the business community at the world level about the Vision 2030 program,” Di Maio told Arab News on Tuesday.

“The ambitions, especially economic ambitions, of Saudi Arabia are totally changing perceptions of the Kingdom around the world. There is a business community that is more and more interested in these ambitions, in this vision, and in a new generation of dreamers in this country.”

In a wide-ranging interview, which touched on EU-Gulf cooperation on Gaza, new visa rules for citizens of the Gulf Cooperation Council area, and the establishment of a European Chamber of Commerce in Riyadh, Di Maio lauded recent strides in bilateral relations.

“The WEF was an important opportunity to have real and practical solutions for both sides,” he said. “For instance, His Highness, Saudi Arabia’s Minister of Energy Abdulaziz bin Salman, had a bilateral meeting with EU Commissioner for Energy (Kadri Simson).

“And after this meeting, they published a joint statement saying that they discussed and they concluded the discussion about the idea, in a few months, to sign an MoU about energy partnership, energy collaboration.




WEF’s special meeting on global collaboration, growth and energy for development took place in the Saudi capital on April 28-29. (X: EUSR_Gulf)

“And this testifies, again, how much the World Economic Forum here in Riyadh was even a concrete and pragmatic solution, in order to have bilaterals resulting in MoUs, agreements and new partnerships between Saudi Arabia and the rest of the world.”

During his tenure as special representative, Di Maio said, the bilateral alignment between the EU and Saudi Arabia has grown even stronger, with a particular focus on common security interests, particularly in the wake of the Oct. 7 Hamas-led attack on Israel that sparked the ongoing war in Gaza.

“There is a strong alignment between European Union member states and European institutions and Saudi Arabia, but I would say even the GCC countries about the two-state solution for the Middle East peace process,” said Di Maio.

“But I would say that in particular, after Oct. 7, the awareness from our side of how much the GCC countries are strategic partners, not just for the contingencies, not just for what is happening now, but for the next decades is even more.

“This awareness is increasing a lot, not just at the member states level, but is growing around the world.”

This is due in part to a growing recognition of the Kingdom’s diplomatic and economic influence as a regional and global player, Di Maio said.

“Saudi Arabia is becoming more and more the point of reference because now it is implementing its vision for the region that is not just an economic ambition, but is a new policy and new initiatives in order to de-escalate, to make the region in peace and wind down on tensions like the tension that we are experiencing now.

“The partnership and the strategic partnership between the EU and GCC countries, in particular with countries like Saudi Arabia, is vital.

“For instance, last Monday in Luxembourg, we had the high-level forum of the ministers of foreign affairs between the ministers of the EU and Saudi ministers. Even Saudi Foreign Minister Prince Faisal bin Farhan was in Luxembourg.

“And we discussed several topics in an informal discussion, a very frank discussion, where we understood more and more how much there is a common ground in order to build peace and stability for both regions, keeping in mind that Saudi Arabia’s security is our security, and, if I may, our security is Saudi Arabia’s security.”

In particular, Di Maio said, cooperation on the Gaza crisis has brought the EU and the GCC closer than before, with joint work on ceasefire negotiations, humanitarian aid access, and the ambition to establish an independent Palestinian state.

“The situation in Gaza is not just about how to politically solve this dramatic issue, but even how to work together about humanitarian aid access,” said Di Maio.




Luigi Di Maio with Saudi minister Adel Al-Jubeir. (X: EUSR_Gulf)

“We have to do more and more about how to allow the entrance of trucks in Gaza and how to deliver humanitarian aid to the people there. And we are working a lot with Saudi Arabia and others in the GCC, like the UAE, for the corridor between Cyprus and Gaza, and Qatar for the negotiations.”

“We are a team. At the beginning of this conflict, I was concerned about the situation, even, of our relations, the EU-GCC. But I’m experiencing that facing, together, this dramatic issue, we are even closer than before.”

He added: “My perception is that we have to be optimists. We have to work hard on the ceasefire using all the leverage at the world level in order to bring closer the two sides in order to have this ceasefire.

“I think that, again, the countries of the region, like Saudi Arabia, but even countries like Jordan, Egypt, Qatar, the UAE, they are protagonists of this process.

“And only with the leadership from the region we will be able to have a sustainable ceasefire, because the Saudis are the only ones that are guarantors of a ceasefire about Gaza on their side, because they are very well, they know very well the dynamics of the region and how to avoid a new Oct. 7 and the new conflict in Gaza.”

Di Maio used his interview with Arab News to announce the forthcoming inauguration of a new European Chamber of Commerce in Riyadh — the first in the GCC area — that will bring together Saudi and European firms to enhance trade and cooperation.

“I am very happy to announce here during this interview that next week, on May 8, we will inaugurate here in Riyadh the first ever European Chamber of Commerce, the first ever in the Gulf of the EU,” he said.

“We’ve worked very hard with (Saudi Arabia’s) Ministry of Investment, the Ministry of Trade. The EU delegation in Riyadh did a great job. And now we are going to inaugurate this chamber.

“That is in order to bring closer our companies, Saudi companies and European companies, in order to take on both sides the new opportunities of the Vision program, but even of our new European Green Deal, Next Generation EU, and others.

“And there will be a very articulated board with several companies from Europe, the most important, among the most important ones.”




Di Maio believes the choice of Riyadh as the WEF summit venue reflects changing global perceptions of the Kingdom. (X: EUSR_Gulf)

Di Maio also highlighted the recent announcement of a new five-year multi-entry visa for Saudi, Bahraini and Omani citizens entering the EU.

“I’m very happy to announce that last Monday (April 23), the European Commission approved the five years visa cascade,” he said. “That means that when a Saudi, for instance, citizen will ask for a new visa, will apply for a visa, the validity of this visa for multiple entries will be of five years, and not just one year.

“And it will be for Saudi people, for Bahraini people, and for Omani people. Qataris and Kuwaitis, they already had. Now all the GCC countries are aligned for five years. This is good news for the future.

“But we have a period of time where your citizens, your students, your entrepreneurs, your researchers, your tourists, can come to Europe without much bureaucracy.”

Di Maio also took the opportunity to highlight a new collaboration between the EU and the GCC supporting young diplomats. “In mid-May this year, we will have the first ever young diplomats program,” he said.

“That is a program where young diplomats from the GCC will come to Bruges in Belgium and they will have joint training and joint simulations with our young diplomats from the EU.

“In Bruges, there is the Diplomatic Academy of the EU. It is a new project in order to train European diplomats. And we will have a first ever project between the EU and GCC where your young diplomats will be trained and will be in simulations with our young diplomats.




Di Maio with Arab News Deputy Editor-in-Chief Noor Nugali.

“It will be very important to explain better how it works, the complicated machine of the EU, but in particular, this is an opportunity to bring closer our diplomats, our youths.

“And I hope that these kinds of projects, like for the diplomats, will be opportunities for students as well, for young workers as well. We will work on this kind of people-to-people interactions because they are crucial in order to bring our societies closer.

“And, if I may, as we bring our people closer, there will be less Islamophobia, less hate. And this is very important for our societies.”


Saudi Arabia, Japan to collaborate on original anime, gaming content

Saudi Arabia, Japan to collaborate on original anime, gaming content
Updated 6 sec ago
Follow

Saudi Arabia, Japan to collaborate on original anime, gaming content

Saudi Arabia, Japan to collaborate on original anime, gaming content
  • Officials in Tokyo discuss localizing Japanese media through translation
  • Kingdom will host this year’s Esports World Cup in July

TOKYO: Saudi and Japanese officials are exploring plans to localize gaming and digital entertainment offerings in the Kingdom.

The Saudi Arabia-Japan Vision 2030 Business Forum’s digital entertainment roundtable discussed Saudi efforts to build a local gaming industry, which includes localizing Japanese games for the Saudi market, collaborating with esports tournament organizers and investing in digital entertainment.

Saudi Minister of Communications and Information Abdullah Al-Swaha and Minister of Investment Khalid Al-Falih attended the event in Tokyo, with the former giving a short speech during the opening.

Prince Faisal bin Bandar Al-Saud, vice chairman of Savvy Games Group, was also part of a panel discussion at the event.

The forum focused on promoting cultural exchange by creating content that appeals to both Japanese and Saudi audiences.

Officials discussed how to localize Japanese manga and anime by translating content through Saudi publishers, who will in turn distribute the content throughout the Middle East.

They also agreed to explore co-publishing agreements to create new and original content.

Saudi Arabia’s gaming sector is expected to grow to $1.3 billion in value over the next two years, with 58 gaming companies operating in the Kingdom. About 67 percent of Saudi Arabia’s population (about 24.8 million people) are active video game players.

The Kingdom will host this year’s Esports World Cup in July, which features about $60 million in prize money.

Saudi Arabia has previously collaborated with Japanese companies on entertainment, providing the Kingdom with expertise and cutting-edge technologies to improve the digital entertainment industry.


Saudi Cabinet: Crown prince reassures council of King's health

Saudi Cabinet: Crown prince reassures council of King's health
Updated 2 min 10 sec ago
Follow

Saudi Cabinet: Crown prince reassures council of King's health

Saudi Cabinet: Crown prince reassures council of King's health

KSrelief sends aid to Sudan and Pakistan

KSrelief sends aid to Sudan and Pakistan
Updated 21 May 2024
Follow

KSrelief sends aid to Sudan and Pakistan

KSrelief sends aid to Sudan and Pakistan
  • Agency provided 956 food parcels, benefitting nearly 5,500 people in Sudan
  • Nearly 600 shelter kits distributed in Pakistan's Gwadar to 4,000 people

Saudi Arabian aid agency KSrelief distributed hundreds of food aid packages and shelter kits to thousands most in need in Sudan and Pakistan, state news agency SPA reported on Tuesday.

The agency provided 956 food parcels, benefitting nearly 5,500 people in Sudan, while nearly 600 shelter kits were distributed in the Gwadar district of Pakistan’s Balochistan province, benefitting more than 4,000 people.

The assistance is part of a series of relief and humanitarian projects implemented by KSrelief across the world.


Saudi, Japan discuss ties at Vision 2030 business forum in Tokyo

Saudi, Japan discuss ties at Vision 2030 business forum in Tokyo
Updated 21 May 2024
Follow

Saudi, Japan discuss ties at Vision 2030 business forum in Tokyo

Saudi, Japan discuss ties at Vision 2030 business forum in Tokyo
  • Focus on mutual investment growth, says Saudi official
  • Manufacturing, entertainment and health are key areas

TOKYO: The Saudi Arabia-Japan Vision 2030 Business Forum took place in Tokyo on Tuesday with over 300 industry officials and leaders discussing ways to boost trade, investment and cultural ties.

In her keynote speech, Sara Al-Sayed, Saudi Arabia’s deputy minister of international partnerships at the Ministry of Investment, outlined plans for further collaboration between the two nations.

“Under the Saudi-Japan Vision 2030, we aim to take this partnership to a new level,” she said. “We want to leverage our mutual strengths, drive sustainable mutual economic growth, enhance technological innovation, and promote cultural exchange. We will be able to unlock the potential to expand the Japan partnership to be a key driver of growth.”

She added: “We have noticed in the last decade the strength of the partnership between Saudi Arabia and Japan. Over the last decade alone, the number of companies that have been established in Saudi Arabia by the Japanese has doubled and we have over 50 headquarters that have been established in Saudi Arabia. This forum will act as a catalyst to accelerate this growth and translate interest into investment.”

Saudi Arabia’s Minister of Investment Khalid Al-Falih, Minister of Energy Prince Abdulaziz bin Salman Al Saud and Japan’s Minister of Economy, Trade and Industry SAITO Ken attended the forum, each giving a speech commemorating the relationship between the two nations. 

Saito said the Japanese government will extend its maximum support to expand business with Saudi Arabia, while Prince Abdulaziz said the Kingdom “will bring collaborations to the forefront and will make sure that in all of the forums, we advocate the same aspirations in the national transition process attending to energy requirements.”

Al-Falih said in his closing remarks that the Kingdom’s non-oil income has “doubled and is looking for an accumulated investment of over $3 trillion that offers big chances to Japanese.”

He added that Saudi Arabia has a “bubble of projects as it will host expo 2030 in Riyadh.”

Saudi Arabia will also host the Winter Olympics in NEOM, and the World Cup 2034, that offers investment chances for the Japanese companies to participate, he explained.

Sessions at the forum included “Forging stronger manufacturing collaboration between KSA and Japan,” “Collaboration in the new era of sustainability and circular economy,” “Reinventing entertainment and gaming industries across borders,” and “Expanding the area of cooperation in healthcare.”

Additionally, the forum hosted a “Digital Entertainment Roundtable,” to discuss Saudi Arabia’s efforts to build a local gaming industry, which includes localizing Japanese games for the Saudi market, collaborating with esports tournament organizers, and investing in the digital entertainment sector. 

Saudi Arabia’s Minister of Communications and Information, Abdallah Alswaha, and Minister of Investment attended the roundtable, with the former giving a short speech during the opening. 

Saudi Arabia’s gaming sector is expected to grow to 1.3 billion dollars in the next two years, with 58 gaming companies operating in the Kingdom. 67% of Saudi Arabia’s population (around 24.8 million people) are active video game players.  

The Kingdom will be hosting this year’s Esports World Cup in July and will be giving away approximately $60 million in prize money to further grow the gaming sector.

Saudi Arabia has previously collaborated with Japanese companies, which have provided the Kingdom with expertise, knowledge, and cutting-edge technologies to improve the overall quality of projects and elevate the reputation of the digital entertainment industry.     


KSrelief sends aid to Sudan and Pakistan

KSrelief sends aid to Sudan and Pakistan
Updated 21 May 2024
Follow

KSrelief sends aid to Sudan and Pakistan

KSrelief sends aid to Sudan and Pakistan

Saudi Arabian aid agency KSrelief distributed hundreds of food aid packages and shelter kits to thousands most in need in Sudan and Pakistan, state news agency SPA reported on Tuesday.

The agency provided 956 food parcels, benefitting nearly 5,500 people in Sudan, while nearly 600 shelter kits were distributed in the Gwadar district of Pakistan’s Balochistan province, benefitting more than 4,000 people.

The assistance is part of a series of relief and humanitarian projects implemented by KSrelief across the world.