by admin | May 25, 2021 | Business Summit, Events, Muslim World
Riyadh (IINA) – Riyadh Governor Prince Faisal bin Bandar on Sunday will inaugurate the 15th Trade Fair of Organization of Islamic Cooperation (OIC) which will kick off in Riyadh under the auspices of Custodian of the Two Holy Mosques King Salman.
The event is being organized by the Ministry of Commerce and Investment (MCI) in cooperation with the OIC, the Islamic Center for Development of Trade and the Council of Saudi Chambers at the Riyadh International Convention Center and Exhibition. “The Kingdom seeks to increase the level of trade exchange and promote two-way investments among OIC member states,” Turki Al-Toaimi, adviser to the minister of commerce and investment and its official spokesman, said here on Thursday. He expressed his deepest thanks and appreciation to Custodian of the Two Holy Mosques King Salman for his noble role in boosting the activities of the 15th OIC Trade Fair.
Al-Toaimi added that the trade fair will witness the participation of more than 30 OIC member states and the Kingdom’s pavilion will be the largest among OIC member states. A large number of Saudi companies and establishments will be displaying and offering a variety of goods and products made in Saudi Arabia, pointing out in the same context that Saudi products are currently being exported to more than 100 countries worldwide. Al-Toaimi said that the Kingdom seeks to increase its trade and investment with Islamic countries.
The 15th OIC Trade Fair is expected to witness the signing of a number of agreements and deals among OIC member countries and companies. A number of OIC ministers and ambassadors will participate in the trade fair, as well as businessmen and industrialists in and outside of the Kingdom. Al-Toaimi confirmed that the trade fair will provide various opportunities for businessmen to cooperate in various fields in private sector activities, such as finding new markets for their products and services, establishing joint ventures, providing new methods of funding for two-way trade, identifying available opportunities for cooperation in industrial projects, and expanding trade exchange among OIC member countries.
The OIC Trade Fair, held every two years, aims to introduce the products and services of OIC member states to raise the level of trade, promote two-way investments and open new markets for the products of participating countries. On the sidelines of the 15th OIC Trade Fair, the Council of Saudi Chambers and the Islamic Chamber will organize the 9th Forum for Businesswomen in Islamic Countries on Wednesday evening at its headquarters in Riyadh.
by admin | May 25, 2021 | Business Summit, Events
Riyadh, (IINA) – More than 8,000 visitors were recorded on the first day of the Saudi Health 2016 exhibition which was inaugurated here this week, Arab News reported.
On behalf of Health Minister Tawfiq Al-Rabiah, Deputy Minister for Health Affairs Hamad bin Muhammad Al-Duweila opened the show in the presence of 12 foreign ambassadors at the Riyadh International Convention and Exhibition Center.
Emphasizing the importance of the exhibition at the local and international levels, a spokesman for the show told Arab News that it surpassed all expectations and estimates. “One of the major reasons behind the flow of visitors was the neat organization and thoughtful logistics of the event which enabled people to roam freely and easily around the exhibition”, he noted, adding that the Kingdom’s health care market is the largest in the Middle East.
The theme of the show was “Change starts at a point, the transformation point”, he said, noting that there were 8,740 visitors to the show at the start of the week. There were more than 550 exhibitors from 42 countries and 14 international pavilions showcasing the latest internationally accredited technology and services to a broad spectrum of decision makers, medical and health care professionals.
Alongside the exhibition, there were 15 medical and scientific conferences addressing multiple important topics including nursing, medical engineering, patient safety, primary health care, obstetrics and gynecology, pharmaceutical care, security and safety in medical facilities, emergency medicine, biomedical engineering, infection control, medical physics, diagnostic radiology, and medical rehabilitation.
by admin | May 25, 2021 | Muslim World
Riyadh, (IINA) – The Saudi Fund for Development (SFD) has deposited $60 million into the account of the Palestinian Finance Ministry on Tuesday, according to a report in a local publication.
The Saudi ambassador to Egypt and the Kingdom’s permanent representative to the Arab League Ahmad Qattan said that the amount represents the monthly contribution of the Kingdom to support the Palestinian National Authority. “The money deposited represents the contribution of the Kingdom for the past three months of January, February and March, an average of $20 million per month”, the ambassador said.
In his statement, ambassador Qattan said: “The Kingdom is a role model for the implementation of the decisions and commitments made to support the budget of the Palestinian Authority through the General Secretariat of the Arab League. The Kingdom will continue to support the Palestinian cause and people at all levels”. He added that since 2013, the Kingdom has increased its contribution to the Palestinian budget from $14 million to $20 million per month to support the Palestinian cause.
Palestinian Ambassador to Saudi Arabia Basem Abdullah Al-Agha said that Riyadh had consistently performed its national and religious duties toward Palestine at all levels.
by admin | May 25, 2021 | Muslim World
Iran’s government spokesman Mohammad Baqer Nobakht speaks to reporters in Tehran
Tehran: The Iranian government spokesman says Saudi Arabia will suffer the consequences of its recent severance of diplomatic relations with the Islamic Republic.
Speaking to reporters in Tehran on Tuesday, Mohammad Baqer Nobakht added that Riyadh’s “immature” move to cut relations with Tehran will have no impact on the Islamic Republic’s national development.
“The Islamic Republic of Iran will definitely show appropriate reaction to events within the framework of international conventions,” he said.
Nobakht said Iran seeks to expand its relations with neighboring states and all countries in the world but will apply such a policy to Saudi Arabia if the latter reaches a “realistic understanding” of the Islamic Republic.
Saudi Arabia severed diplomatic relations with Iran on Sunday following demonstrations held in front of the Saudi embassy in Tehran and its consulate in the northeastern city of Mashhad by angry protesters censuring the Al Saud family for the killing of the top Shia cleric Nimr al-Nimr. Some people mounted the walls of the consulate in Mashhad while incendiary devices were hurled at the embassy in Tehran. Some 50 people were detained over the transgression.
Amid the deterioration of tensions between Tehran and Riyadh, Saudi Foreign Minister Adel al-Jubeir said on Monday that his country would end air traffic and trade links with Iran.
Nobakht also reiterated Tehran’s harsh criticism of Sheikh Nimr’s execution and said the Iranian government condemns Saudi Arabia’s inhumane and Daesh-like move.
“These measures by Saudi Arabia indicate the failure of this country’s policies in Iraq and Syria,” he said.
Sheikh Nimr, a critic of the Riyadh regime, was shot by Saudi police and arrested in 2012 in Qatif in Saudi Arabia’s Eastern Province, which was the scene of peaceful anti-regime demonstrations at the time.
He had been charged with instigating unrest and undermining the kingdom’s security. He had rejected all the charges as baseless.
Nobakht also slammed Riyadh’s support for Takfiri terrorist groups operating in Iraq and Saudi Arabia’s alignment with Israel for their attempts to undermine Iran’s hard-won nuclear agreement with the P5+1 group of world powers.
On July 14, 2015, Iran and the P5+1 group of countries – the United States, Britain, France, China and Russia plus Germany – finalized the text of the Joint Comprehensive Plan of Action (JCPOA) on Tehran’s nuclear program in the Austrian capital, Vienna.
Under the JCPOA, Iran will accept restrictions on its nuclear program in return for the removal of sanctions imposed on Tehran by the US and the EU.
