tag:blogger.com,1999:blog-1571172055480489962024-03-16T13:18:36.462+03:00Abdullah Alami عبدالله العلميSaudi writer كاتب سعوديAbdullah Alami عبدالله العلميhttp://www.blogger.com/profile/08998972834189803238noreply@blogger.comBlogger54125tag:blogger.com,1999:blog-157117205548048996.post-6333768103820522382024-03-16T13:17:00.000+03:002024-03-16T13:17:46.055+03:00 Revitalizing the economy and tourism in Bahrain<p><span style="font-family: verdana;">Abdullah Al Alami<span style="color: #333333;">*</span></span></p>
<p class="MsoNormal" style="background: white; tab-stops: list .5in;"><span style="font-family: verdana;">Saturday,
March 16, 2024<span dir="RTL" lang="AR-SA" style="color: white;"><o:p></o:p></span></span></p>
<p class="MsoNormal" style="background: white; margin-bottom: 7.5pt;"><span style="color: #333333;"><span style="font-family: verdana;"> </span></span></p>
<p class="MsoNormal" style="background: white; margin-bottom: 7.5pt;"><span style="color: #333333;"><span style="font-family: verdana;">I present the most
important recent developments in the Kingdom of Bahrain in the fields of
economy and tourism<span dir="RTL"></span><span dir="RTL"></span><span dir="RTL" lang="AR-SA"><span dir="RTL"></span><span dir="RTL"></span>. </span><o:p></o:p></span></span></p>
<p class="MsoNormal" style="background: white; margin-bottom: 7.5pt;"><span style="color: #333333;"><span style="font-family: verdana;">First, the state
succeeded in encouraging local and international companies to generate
investments worth $2.4 billion into the national economy<span dir="RTL"></span><span dir="RTL"></span><span dir="RTL" lang="AR-SA"><span dir="RTL"></span><span dir="RTL"></span>.<o:p></o:p></span></span></span></p>
<p class="MsoNormal" style="background: white; margin-bottom: 7.5pt;"><span style="color: #333333;"><span style="font-family: verdana;">Second, since the
announcement of granting the golden license to strategic projects operating in
the Kingdom in April 2023, the number of companies benefiting from this feature
has reached 9 major projects that contribute to the creation of 3,000 job
opportunities<span dir="RTL"></span><span dir="RTL"></span><span dir="RTL" lang="AR-SA"><span dir="RTL"></span><span dir="RTL"></span>.</span><o:p></o:p></span></span></p>
<p class="MsoNormal" style="background: white; margin-bottom: 7.5pt;"><span style="color: #333333;"><span style="font-family: verdana;">Among other factors that
helped achieve good results, Bahrain’s gross domestic product grew from $9.6
billion to $44.4 billion between 2002 and 2022. <o:p></o:p></span></span></p>
<p class="MsoNormal" style="background: white; margin-bottom: 7.5pt;"><span style="color: #333333;"><span style="font-family: verdana;">Bahrain continues to diversify
its non-oil economy, such as opening a large solar energy plant and developing
financial services which contribute 18.1 percent to the real GDP.<o:p></o:p></span></span></p>
<p class="MsoNormal" style="background: white; margin-bottom: 7.5pt;"><span style="color: #333333;"><span style="font-family: verdana;">As for tourism, there were
concerns due to the lack of new tourist packages, low hotel occupancy rates, and the
fate of the medical tourism plan. However, Bahrain is marketing initiatives to
attract Gulf and foreign visitors. There is no doubt that tour packages will
have a significant impact on stimulating the economy and supporting the initiatives
that attract tourists from all over the world.<o:p></o:p></span></span></p>
<p class="MsoNormal" style="background: white; margin-bottom: 7.5pt;"><span style="color: #333333;"><span style="font-family: verdana;">Furthermore, Manama is developing
and adopting new marketing strategies, facilitating the issuance of visas, and
activating sustainability practices and financial mechanisms to enhance tourism
growth regionally and internationally. There is no doubt that this trend will help
create more job opportunities, support innovation, and provide specialized
expertise in the tourism sector. Among the upcoming programs, is the development
of the master plan for the Al Areen project and Sitra Market. The plan is to
attract 40,000 tourists to Bahrain from around the world during the period from
November 2024 to April 2025.<o:p></o:p></span></span></p>
<p class="MsoNormal" style="background: white; margin-bottom: 7.5pt;"><span style="color: #333333; font-family: "Tahoma",sans-serif;"> </span></p>
<p class="MsoNormal" style="background: white; margin-bottom: 7.5pt;"><i><span style="color: #a6a6a6; font-family: "Tahoma",sans-serif; mso-style-textfill-fill-alpha: 100.0%; mso-style-textfill-fill-color: #A6A6A6; mso-style-textfill-fill-colortransforms: lumm=65000; mso-style-textfill-fill-themecolor: background1; mso-themecolor: background1; mso-themeshade: 166;">* Saudi writer and president of the Arab Society for Human Resource
Management<o:p></o:p></span></i></p>Abdullah Alami عبدالله العلميhttp://www.blogger.com/profile/08998972834189803238noreply@blogger.com0tag:blogger.com,1999:blog-157117205548048996.post-58886932868268066342024-03-11T10:39:00.004+03:002024-03-11T10:39:49.708+03:00 Aramco is not just an Oil Company<p><span style="color: #0070c0; font-family: Arial, sans-serif; font-size: 14pt;">Abdullah Al Alami*</span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0in;"><span style="color: #0070c0; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;">March 11, 2024 <o:p></o:p></span></p>
<p class="MsoNormal"><span style="color: #0070c0; font-family: Arial, sans-serif; font-size: 14pt; line-height: 107%;">The transfer of 8 percent of Saudi
Aramco shares last week from state ownership to companies’ portfolios wholly
owned by the Public Investment Fund is not just a random issue. The state
remains the largest shareholder in Aramco, as it owns 82.186% of the shares,
and the Fund’s share in the giant company becomes 16%, while the company
maintains the credibility of its operations. This is not the first time this
transaction was performed, in April last year, 4 percent of Aramco shares were
transferred from state ownership to a company affiliated with the PIF, and in
February, 4 percent of Aramco shares were also transferred to the Fund</span><span dir="RTL"></span><span dir="RTL"></span><span dir="RTL" lang="AR-SA" style="color: #0070c0; font-family: Arial, sans-serif; font-size: 14pt; line-height: 107%;"><span dir="RTL"></span><span dir="RTL"></span>.</span></p>
<p class="MsoNormal"><span lang="EN" style="color: #0070c0; font-family: "Arial",sans-serif; font-size: 14.0pt; line-height: 107%; mso-ansi-language: EN; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;">Furthermore,
the PIF contributed to the establishment of 93 companies and the creation of
more than 644 thousand jobs in several sectors. The process of transferring
shares contributes to increasing the fund's assets and returns, which enhances
its position and its credit rating. Thus, Saudi Arabia continues to support its
national economy, diversify its resources, and provide more investment
opportunities, in line with the goals of the Saudi Vision.</span><span style="color: #0070c0; font-family: "Arial",sans-serif; font-size: 14.0pt; line-height: 107%; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;"><o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN" style="color: #0070c0; font-family: "Arial",sans-serif; font-size: 14.0pt; line-height: 107%; mso-ansi-language: EN; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;">One
of Aramco's recent achievements is adding large quantities to gas reserves in
the Jafurah field. We are talking about 15 trillion cubic feet of gas, and
two billion barrels of condensate, in conjunction with applying the highest
international standards in estimating hydrocarbon resources. Saudi Arabia is
working smart in developing its reserves, which require modern extraction
methods, while at the same time, the country is extending its voluntary
reduction in oil production of one million barrels per day.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN" style="color: #0070c0; font-family: "Arial",sans-serif; font-size: 14.0pt; line-height: 107%; mso-ansi-language: EN; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;">Moreover,
the world witnessed the launch of three new successful projects in the Kingdom:
(1) Reducing the cost of solar energy to unprecedented levels, making it one of
the cheapest forms of energy available globally, (2) Aramco acquiring a 100%
stake in the Chilean fuel trading company (ESMAX), and (3) contributing
approximately 15% of the Global blue hydrogen production.</span><span style="color: #0070c0; font-family: "Arial",sans-serif; font-size: 14.0pt; line-height: 107%; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;"><o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN" style="color: #0070c0; font-family: "Arial",sans-serif; font-size: 14.0pt; line-height: 107%; mso-ansi-language: EN; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;">Saudi
Arabia also focuses on generating jobs and increasing investments. The assets
of Saudi banks have exceeded 4 trillion riyals for the first time, and more
than 3 trillion dollars of investments have been pumped locally. As for the
Saudi digital economy, it grew from $111 billion in 2021 to $123 billion in
2023. All these developments came in conjunction with the Kingdom’s continued raising
the competitiveness of advanced companies, employing qualified citizens, and
creating and enhancing the non-oil sectors’ income.</span><span style="color: #0070c0; font-family: "Arial",sans-serif; font-size: 14.0pt; line-height: 107%; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;"><o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN" style="color: #0070c0; font-family: "Arial",sans-serif; font-size: 14.0pt; line-height: 107%; mso-ansi-language: EN; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;">Despite
the difficult worldwide circumstances due to geopolitical fluctuations,
inflation, and high-interest rates, Riyadh is likely to continue launching new
projects, building strategic partnerships, localizing knowledge and expertise,
and focusing on investing in energy, technology, and infrastructure. In short,
the Kingdom's economy continues to grow by 4 percent this year, according to the
International Monetary Fund estimates.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN" style="color: #0070c0; font-family: "Arial",sans-serif; font-size: 14.0pt; line-height: 107%; mso-ansi-language: EN; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;">My
last words... Saudi Aramco's history and achievements records are not just a
passing journey but rather </span><span style="color: #0070c0; font-family: "Arial",sans-serif; font-size: 14.0pt; line-height: 107%; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;">reflect</span><span lang="EN" style="color: #0070c0; font-family: "Arial",sans-serif; font-size: 14.0pt; line-height: 107%; mso-ansi-language: EN; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;"> major positive developments throughout
the entire country.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN" style="color: #0070c0; font-family: "Arial",sans-serif; font-size: 14.0pt; line-height: 107%; mso-ansi-language: EN; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;">Yesterday,
Sunday 10 March, Aramco announced its positive full-year 2023 results.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN" style="color: #0070c0; font-family: "Arial",sans-serif; font-size: 14.0pt; line-height: 107%; mso-ansi-language: EN; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;"> </span></p>
<p class="MsoNormal"><i><span lang="EN" style="color: #0070c0; font-family: "Arial",sans-serif; font-size: 14.0pt; line-height: 107%; mso-ansi-language: EN; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;">*Saudi
Economist </span></i><i><span style="color: #0070c0; font-family: "Arial",sans-serif; font-size: 14.0pt; line-height: 107%; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;"><o:p></o:p></span></i></p>Abdullah Alami عبدالله العلميhttp://www.blogger.com/profile/08998972834189803238noreply@blogger.com0tag:blogger.com,1999:blog-157117205548048996.post-89516240346626338192023-12-30T14:13:00.000+03:002023-12-30T14:13:20.578+03:00 Bahrain…Land of Peace<p><span style="font-family: Arial, sans-serif; font-size: 12pt;">Abdullah
Al Alami*</span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0in;"><span style="font-family: "Arial",sans-serif; font-size: 12.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;"><span style="color: #999999;">Dec
30, 2023<o:p></o:p></span></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0in;"><span style="font-family: Arial, sans-serif; font-size: 12pt;">I write today about two important topics, King
Hamad Global Center for Peaceful Coexistence, and the national and global
excellence of the University of Bahrain.</span></p>
<p class="MsoNormal"><span style="font-family: "Arial",sans-serif; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;">What brought together representatives of
different religions in Manama this week under one roof?<span dir="RTL"></span><span dir="RTL"></span><span dir="RTL" lang="AR-SA"><span dir="RTL"></span><span dir="RTL"></span> </span>I
mean the Apostolic Vicariate of the Northern Arabian Peninsula, representatives
of the Orthodox Churches, the Council of the Ten Commandments, the Baha'i
Community, the head of the Hindu community, and representatives of other
religions.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family: "Arial",sans-serif; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;">It is the event held by the King Hamad Global
Center for Peaceful Coexistence in cooperation with the Sacred Heart Catholic
Church, under the title “Bahrain... Land of Peace”.<span dir="RTL"></span><span dir="RTL"></span><span dir="RTL" lang="AR-SA"><span dir="RTL"></span><span dir="RTL"></span> </span>Representatives
of the various Christian, Jewish, Hindu, and Sikh religions, in addition to the
Baha'i Social Society, participated in the event.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family: "Arial",sans-serif; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;">Everyone here stood praying to make the Kingdom
of Bahrain a land of love, and to promote the values of coexistence,
tolerance, and dialogue between religions, cultures, and civilizations.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family: "Arial",sans-serif; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;">It is the Declaration of the “Kingdom of
Bahrain”... the international document to establish religious tolerance and
peace.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family: "Arial",sans-serif; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;">The second topic is the University
of Bahrain being ranked first in the Kingdom. We’re talking about global
university rankings for sustainability for the year 2023, and 25th in the
world, in education and research.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family: "Arial",sans-serif; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;">This is what I call “a great success story”, as
the university is keen on sustainability in its strategic plans to improve the
administrative, academic, and student affairs aspects. The university also seeks to
continue its excellent research on energy, climate change, transportation, and
waste management.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family: "Arial",sans-serif; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;">The university also excels in water management,
scoring 90%, in rationalizing water consumption, recycling water,
and combating water pollution on campus.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family: "Arial",sans-serif; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;">Thanks to the Finance and Economic Affairs Committee in the House of Representatives, for reviewing the record of violations in the oversight report for 2022-2023. Also, Bahrain’s gross domestic product increased by 2.5% in the third quarter, Bahrain’s
non-oil economy grew by 4.5%, and Manama now leads the Gulf in combating money
laundering, and is among the top ten in the world in information technology.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family: "Arial",sans-serif; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;">Happy New Year.<o:p></o:p></span></p>
<p class="MsoNormal"><span dir="RTL" lang="AR-SA" style="font-family: "Arial",sans-serif; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;"><br /><i><span style="color: #666666;">
*</span></i></span><span style="font-family: "Arial",sans-serif; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;"><i><span style="color: #666666;">Saudi writer</span></i><o:p></o:p></span></p>Abdullah Alami عبدالله العلميhttp://www.blogger.com/profile/08998972834189803238noreply@blogger.com0tag:blogger.com,1999:blog-157117205548048996.post-85945624438840394632023-12-18T09:00:00.001+03:002023-12-18T09:00:56.908+03:00 Saudi Arabia 2023... Look at the Positive Side<p><span style="font-family: Arial, sans-serif; font-size: 12pt;">Abdullah Al Alami*</span></p><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in;"><o:p></o:p></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0in;"><i><span style="font-family: "Arial",sans-serif; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;">December 18, 2023</span><o:p></o:p></i></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; vertical-align: top;"><span dir="RTL"></span><span style="font-family: Arial, sans-serif; font-size: 12pt;">As we bid farewell to
2023, I summarize the important achievements in Saudi Arabia and upcoming
projects</span><span dir="RTL" style="font-family: Arial, sans-serif; font-size: 12pt;"></span><span dir="RTL" style="font-family: Arial, sans-serif; font-size: 12pt;"></span><span dir="RTL" lang="AR-SA" style="font-family: Arial, sans-serif; font-size: 12pt;"><span dir="RTL"></span><span dir="RTL"></span>.</span></p><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; vertical-align: top;"><o:p></o:p></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; vertical-align: top;"><span style="border: 1pt none windowtext; font-family: Arial, sans-serif; font-size: 12pt; padding: 0in;">Let me start with the five
official mega-construction contracts, the value of which is expected to exceed
$50 billion. The projects are </span><span style="border: none windowtext 1.0pt; font-family: "Arial",sans-serif; font-size: 12.0pt; mso-border-alt: none windowtext 0in; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none; padding: 0in;">Diriyah, NEOM, Qiddiya, the Red Sea
destination, and Roshn<span dir="RTL"></span><span dir="RTL"></span><span dir="RTL" lang="AR-SA"><span dir="RTL"></span><span dir="RTL"></span>.</span></span><o:p></o:p></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; vertical-align: top;"><span style="border: 1pt none windowtext; font-family: Arial, sans-serif; font-size: 12pt; padding: 0in;">As for training,
employment, and education, the Human Resources Development Fund has concluded
agreements with 5 governmental and private agencies. The objective is to train
50,000 male and female citizens in various developmental sectors in the labor
market<span dir="RTL"></span><span dir="RTL"></span><span dir="RTL" lang="AR-SA"><span dir="RTL"></span><span dir="RTL"></span>.</span></span><o:p></o:p></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; vertical-align: top;"><span style="border: 1pt none windowtext; font-family: Arial, sans-serif; font-size: 12pt; padding: 0in;">Three Saudi e-schools were
established for Saudi students abroad, creating 172,000 jobs, and targeting 6
sectors to contribute to Vision 2030 objectives. In addition, artificial
intelligence studies are being developed, and 433 male and female students have
graduated from King Abdullah University of Science and Technology (KAUST), the
highest in its history<span dir="RTL"></span><span dir="RTL"></span><span dir="RTL" lang="AR-SA"><span dir="RTL"></span><span dir="RTL"></span>.</span></span><o:p></o:p></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; vertical-align: top;"><span style="border: 1pt none windowtext; font-family: Arial, sans-serif; font-size: 12pt; padding: 0in;">Globally, Saudi Oil
Company (Aramco) signed agreements to acquire a 40% stake in Pakistan Gas and
Oil Company. More than 60 agreements were also signed with China, with a total
value exceeding $26.5 billion, and a memorandum of understanding was signed with
Korea to invest in machinery and equipment in Saudi Arabia<span dir="RTL"></span><span dir="RTL"></span><span dir="RTL" lang="AR-SA"><span dir="RTL"></span><span dir="RTL"></span>.</span></span><o:p></o:p></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; vertical-align: top;"><span style="border: none windowtext 1.0pt; font-family: "Arial",sans-serif; font-size: 12.0pt; mso-border-alt: none windowtext 0in; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none; padding: 0in;">Saudi Arabia attracted the
attention of visitors to the Kingdom’s pavilion “Artigiano
in Fiera” exhibition in Milan, Italy. Also, The
Saudi Music Authority celebrated International Arabic Language Day, at the
headquarters of the United Nations in New York, USA<span dir="RTL"></span><span dir="RTL"></span><span dir="RTL" lang="AR-SA"><span dir="RTL"></span><span dir="RTL"></span>.</span></span><o:p></o:p></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; vertical-align: top;"><span style="border: 1pt none windowtext; font-family: Arial, sans-serif; font-size: 12pt; padding: 0in;">Lots were allocated for
the Jubail and Yanbu Royal Commission at about 29.6 billion riyals ($7.89
billion). In addition, Saudi Arabia plans to host the International Mining
Conference on January 9, as the mining sector revenues rise to one billion and
800 million Saudi Riyals<span dir="RTL"></span><span dir="RTL"></span><span dir="RTL" lang="AR-SA"><span dir="RTL"></span><span dir="RTL"></span>.</span></span><o:p></o:p></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; vertical-align: top;"><span style="border: 1pt none windowtext; font-family: Arial, sans-serif; font-size: 12pt; padding: 0in;">Health services also have
a share. Saudi Arabia established several hospitals in different regions with a
total capacity of 1,100 beds. Three new health centers were also approved for
critical radiation and nuclear accident injuries<span dir="RTL"></span><span dir="RTL"></span><span dir="RTL" lang="AR-SA"><span dir="RTL"></span><span dir="RTL"></span>.</span></span><o:p></o:p></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; vertical-align: top;"><span style="border: 1pt none windowtext; font-family: Arial, sans-serif; font-size: 12pt; padding: 0in;">To achieve Riyadh’s goal
of becoming a global center of financial technology, the number of companies
operating in the Kingdom is expected to rise to 230 by 2025, and the percentage
of digital transactions will increase to 70%. It is unsurprising that 10 Saudi
banks are now ranked at the top of the 100 most powerful Arab banks<span dir="RTL"></span><span dir="RTL"></span><span dir="RTL" lang="AR-SA"><span dir="RTL"></span><span dir="RTL"></span>.</span></span><o:p></o:p></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; vertical-align: top;"><span style="border: 1pt none windowtext; font-family: Arial, sans-serif; font-size: 12pt; padding: 0in;">Riyadh plans to raise its
tourism share in the Gross Domestic Product to 289 billion riyals ($77
billion). The country established initiatives to attract 88 million tourists
and provide 250,000 new jobs during the Riyadh exhibition “Expo 2030<span dir="RTL"></span><span dir="RTL"></span><span dir="RTL" lang="AR-SA"><span dir="RTL"></span><span dir="RTL"></span>.”</span></span><o:p></o:p></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; vertical-align: top;"><span style="border: 1pt none windowtext; font-family: Arial, sans-serif; font-size: 12pt; padding: 0in;">Among the recent
developments, the NEOM Board of Directors announced the development of packages
in “</span><span style="border: none windowtext 1.0pt; font-family: "Arial",sans-serif; font-size: 12.0pt; mso-border-alt: none windowtext 0in; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none; padding: 0in;">Otamo”, “Leyja”
and "Sirana" sites. In addition,
“Qiddiya” will attract millions of visitors annually and provide 325,000 new
job opportunities<span dir="RTL"></span><span dir="RTL"></span><span dir="RTL" lang="AR-SA"><span dir="RTL"></span><span dir="RTL"></span>.</span></span><o:p></o:p></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; vertical-align: top;"><span style="border: 1pt none windowtext; font-family: Arial, sans-serif; font-size: 12pt; padding: 0in;">We seek to increase the
number of </span><span style="border: none windowtext 1.0pt; font-family: "Arial",sans-serif; font-size: 12.0pt; mso-border-alt: none windowtext 0in; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none; padding: 0in;">Co-operative Societies to 467, raising
their economic contribution to roughly 2.3 billion riyals, and adding 16
thousand jobs and 300 new services. In addition, credit facilities worth 8.8
billion riyals ($2.34 billion) and insurance coverage worth 6.8 billion riyals
($623.8 million) are currently being invested in the business sector<span dir="RTL"></span><span dir="RTL"></span><span dir="RTL" lang="AR-SA"><span dir="RTL"></span><span dir="RTL"></span>.</span></span><o:p></o:p></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; vertical-align: top;"><span style="border: 1pt none windowtext; font-family: Arial, sans-serif; font-size: 12pt; padding: 0in;">Last words... Saudi Arabia
was selected to chair the Financial Affairs Committee to provide support to the
Board of Governors of the International Monetary Fund (IMF). Saudi Finance
Minister Mohammed Al-Jadaan was selected as Chairman of the Committee<span dir="RTL"></span><span dir="RTL"></span><span dir="RTL" lang="AR-SA"><span dir="RTL"></span><span dir="RTL"></span>.</span></span><o:p></o:p></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; vertical-align: top;"><span style="border: 1pt none windowtext; font-family: Arial, sans-serif; font-size: 12pt; padding: 0in;">Yes, the last couple of
years may not have been too exciting...but let's look at the positive side of a
promising future.</span><o:p></o:p></p>
<p class="MsoNormal" style="line-height: normal; vertical-align: top;"><i><span style="border: 1pt none windowtext; font-family: Arial, sans-serif; font-size: 12pt; padding: 0in;">*Saudi Economist</span></i><o:p></o:p></p>Abdullah Alami عبدالله العلميhttp://www.blogger.com/profile/08998972834189803238noreply@blogger.com0tag:blogger.com,1999:blog-157117205548048996.post-42081177243520699542023-11-18T10:31:00.000+03:002023-11-18T10:31:28.745+03:00 Saudi Arabia’s expansion in Africa<p> <b><span style="font-size: 13.0pt; mso-ascii-font-family: Calibri; mso-bidi-font-family: Calibri; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-hansi-font-family: Calibri; mso-ligatures: none;">Saudi Arabia’s expansion in Africa</span></b></p><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in;"><o:p></o:p></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0in;"><span style="font-size: 13.0pt; mso-ascii-font-family: Calibri; mso-bidi-font-family: Calibri; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-hansi-font-family: Calibri; mso-ligatures: none;">Abdullah Al Alami*</span><o:p></o:p></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0in;"><span style="font-size: 13.0pt; mso-ascii-font-family: Calibri; mso-bidi-font-family: Calibri; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-hansi-font-family: Calibri; mso-ligatures: none;"> </span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-size: 13.0pt; mso-ascii-font-family: Calibri; mso-bidi-font-family: Calibri; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-hansi-font-family: Calibri; mso-ligatures: none;">The relationship between Saudi Arabia and Africa is
approaching a new phase of cooperation. Following the Saudi African summit a
few days ago, the Saudi Development Fund signed 14 new loan agreements
with 12 African countries, with a value exceeding two billion Saudi Riyals.</span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-size: 13.0pt; mso-ascii-font-family: Calibri; mso-bidi-font-family: Calibri; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-hansi-font-family: Calibri; mso-ligatures: none;">For years, Saudi Arabia has sought to secure its vital
interests and the security of its borders, by building policies within a calm
strategic environment to protect its vital interests. We are talking here about
an extension of well-established relations with the Horn of Africa and the Nile
Valley regions.</span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-size: 13.0pt; mso-ascii-font-family: Calibri; mso-bidi-font-family: Calibri; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-hansi-font-family: Calibri; mso-ligatures: none;">The Red Sea is a vital outlet for the security of the
Arabian Peninsula and the west of the Kingdom. Consequently, it is in the
interest of the Kingdom and Africa to develop their broad common economic and
trade interests.</span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-size: 13.0pt; mso-ascii-font-family: Calibri; mso-bidi-font-family: Calibri; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-hansi-font-family: Calibri; mso-ligatures: none;">Saudi Arabia announced the signing of more than 50
agreements with African countries, with a noble goal; to achieve a solid
partnership and a promising future for all parties. In addition, this
partnership supports the Saudi role in Bab al-Mandab and the Gulf of Aden. This
approach also strengthens the solidity of trade and oil partnership between
Saudi Arabia and the African continent.</span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-size: 13.0pt; mso-ascii-font-family: Calibri; mso-bidi-font-family: Calibri; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-hansi-font-family: Calibri; mso-ligatures: none;">One of the indications of Saudi success in the African
continent is the attendance of more than 1,000 specialists and academics,
including Saudi, Arab, and African officials, investors of various
nationalities, trade unions, and international organizations, at the
Saudi-Arab-African Economic Conference.</span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-size: 13.0pt; mso-ascii-font-family: Calibri; mso-bidi-font-family: Calibri; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-hansi-font-family: Calibri; mso-ligatures: none;">Let me provide some examples of Arab African
investment projects. Prince Abdulaziz bin Salman, the Saudi Minister of Energy,
signed 5 memorandums of understanding in areas of energy, between Saudi Arabia
and 5 African countries, namely Senegal, Rwanda, Chad, Ethiopia, and Nigeria.</span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-size: 13.0pt; mso-ascii-font-family: Calibri; mso-bidi-font-family: Calibri; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-hansi-font-family: Calibri; mso-ligatures: none;">Also, 14 new development loan agreements were signed
between the Saudi Development Fund and 12 African countries, with a value
exceeding two billion Saudi Riyals. In addition, a memorandum of understanding
was signed between Riyadh and Cairo to establish a high-level financial
dialogue between the two countries.</span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-size: 13.0pt; mso-ascii-font-family: Calibri; mso-bidi-font-family: Calibri; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-hansi-font-family: Calibri; mso-ligatures: none;">Furthermore, Saudi Arabia has expressed its willingness
to pump more than $25 billion in new diversified investments in various sectors
and to finance and secure $10 billion in exports in Africa.</span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-size: 13.0pt; mso-ascii-font-family: Calibri; mso-bidi-font-family: Calibri; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-hansi-font-family: Calibri; mso-ligatures: none;">This is not all, Saudi Arabia has provided more than
$45 billion to support development and humanitarian projects in 54 African
countries, in addition to more than $450 million in aid to 46 African
countries.</span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-size: 13.0pt; mso-ascii-font-family: Calibri; mso-bidi-font-family: Calibri; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-hansi-font-family: Calibri; mso-ligatures: none;">Saudi Arabia is determined to develop cooperation with
Africa. This includes new charitable projects and programs with a value
exceeding one billion dollars over a period of 10 years.</span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-size: 13.0pt; mso-ascii-font-family: Calibri; mso-bidi-font-family: Calibri; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-hansi-font-family: Calibri; mso-ligatures: none;"> </span><o:p></o:p></p>
<p class="MsoNormal" style="line-height: 11.75pt;">*Saudi
economist<o:p></o:p></p>Abdullah Alami عبدالله العلميhttp://www.blogger.com/profile/08998972834189803238noreply@blogger.com0tag:blogger.com,1999:blog-157117205548048996.post-55381681826513025342023-10-26T06:33:00.000+03:002023-10-26T06:33:46.655+03:00What does Saudi Arabia have in common with China, Korea and Singapore?<p><i style="color: #222222; letter-spacing: -0.04em;"><span style="font-family: verdana; font-size: medium;">Abdullah Al Alami</span></i></p><div style="background-color: white; color: #222222;"><p style="border: 0px; box-sizing: border-box; color: #333333; font-family: Droid, Helvetica, Arial, sans-serif; font-feature-settings: inherit; font-kerning: inherit; font-stretch: inherit; font-variant-alternates: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px 0px 1.25em; padding: 0px; text-align: justify; vertical-align: baseline;"><span style="box-sizing: border-box; font-size: medium; vertical-align: inherit;"><b>Recent developments in Saudi relations with China, South Korea, and Singapore have important implications.</b></span></p><p style="border: 0px; box-sizing: border-box; color: #333333; font-family: Droid, Helvetica, Arial, sans-serif; font-feature-settings: inherit; font-kerning: inherit; font-stretch: inherit; font-variant-alternates: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px 0px 1.25em; padding: 0px; text-align: justify; vertical-align: baseline;"><span style="box-sizing: border-box; font-size: medium; vertical-align: inherit;"><span style="box-sizing: border-box; vertical-align: inherit;">The Saudi National Housing Company is completing a serious plan to attract Chinese companies to the local market to expand production lines. </span><span style="box-sizing: border-box; vertical-align: inherit;">During the 10th Arab-Chinese Business Conference 2023, Riyadh and Beijing signed important agreements in the sectors of technology, renewable energy, agriculture, real estate, mining, and health care.</span></span></p><div style="border: 0px; box-sizing: border-box; color: #333333; font-family: Droid, Helvetica, Arial, sans-serif; font-feature-settings: inherit; font-kerning: inherit; font-stretch: inherit; font-variant-alternates: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px; padding: 0px; text-align: center; vertical-align: baseline;"><div style="border: 0px; box-sizing: border-box; font-family: inherit; font-feature-settings: inherit; font-kerning: inherit; font-optical-sizing: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-variation-settings: inherit; font-weight: inherit; line-height: inherit; margin: 1em 0px; padding: 0px; vertical-align: baseline;"><div style="border: 0px; box-sizing: border-box; font-family: inherit; font-feature-settings: inherit; font-kerning: inherit; font-optical-sizing: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-variation-settings: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;"></div></div></div><p style="border: 0px; box-sizing: border-box; color: #333333; font-family: Droid, Helvetica, Arial, sans-serif; font-feature-settings: inherit; font-kerning: inherit; font-stretch: inherit; font-variant-alternates: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px 0px 1.25em; padding: 0px; text-align: justify; vertical-align: baseline;"><span style="box-sizing: border-box; font-size: medium; vertical-align: inherit;">An agreement was also signed with the Chinese <i>CITIC</i> Construction Company, a leading firm among the 250 largest international construction companies, and considered a successful global contractor in the field of comprehensive engineering services.</span></p><p style="border: 0px; box-sizing: border-box; color: #333333; font-family: Droid, Helvetica, Arial, sans-serif; font-feature-settings: inherit; font-kerning: inherit; font-stretch: inherit; font-variant-alternates: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px 0px 1.25em; padding: 0px; text-align: justify; vertical-align: baseline;"><span style="box-sizing: border-box; font-size: medium; vertical-align: inherit;"><span style="box-sizing: border-box; vertical-align: inherit;">As for relations with Korea, the South Korean Oil Company and Saudi Aramco signed a treaty to store oil and create a joint crude reserve amounting to 5.3 million barrels. </span><span style="box-sizing: border-box; vertical-align: inherit;">An agreement was also signed between the Saudi Public Investment Fund and the Korean Hyundai Motor Company for a car manufacturing project in the Kingdom.</span></span></p><p style="border: 0px; box-sizing: border-box; color: #333333; font-family: Droid, Helvetica, Arial, sans-serif; font-feature-settings: inherit; font-kerning: inherit; font-stretch: inherit; font-variant-alternates: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px 0px 1.25em; padding: 0px; text-align: justify; vertical-align: baseline;"><span style="box-sizing: border-box; font-size: medium; vertical-align: inherit;">Another important development is the establishment of a partnership council between Riyadh and Seoul, and the signing of 52 memorandums of understanding for government and private agencies, including real estate, water, transportation, tourism, technology, infrastructure, cybersecurity, food, and medical products.</span></p><p style="border: 0px; box-sizing: border-box; color: #333333; font-family: Droid, Helvetica, Arial, sans-serif; font-feature-settings: inherit; font-kerning: inherit; font-stretch: inherit; font-variant-alternates: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px 0px 1.25em; padding: 0px; text-align: justify; vertical-align: baseline;"><span style="box-sizing: border-box; font-size: medium; vertical-align: inherit;"><span style="box-sizing: border-box; vertical-align: inherit;">I will conclude with a summary of the agreement between Saudi Arabia and another important country; Singapore, where the relationship between the two countries has reached the level of a “strategic partnership” in defense and security. </span><span style="box-sizing: border-box; vertical-align: inherit;">Among the recent developments, the Central Bank of Saudi Arabia (SAMA) concluded a cooperation agreement with the Monetary Authority of Singapore in financial technology, enhancing and facilitating the practice of activities in international markets.</span></span></p><p style="border: 0px; box-sizing: border-box; color: #333333; font-family: Droid, Helvetica, Arial, sans-serif; font-feature-settings: inherit; font-kerning: inherit; font-stretch: inherit; font-variant-alternates: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px 0px 1.25em; padding: 0px; text-align: justify; vertical-align: baseline;"><span style="box-sizing: border-box; font-size: medium; vertical-align: inherit;">The most active relationship is in energy, digital economy, logistics, electricity, petrochemicals, and the development of innovative technologies for the use of hydrocarbon resources.</span></p><p style="border: 0px; box-sizing: border-box; color: #333333; font-family: Droid, Helvetica, Arial, sans-serif; font-feature-settings: inherit; font-kerning: inherit; font-stretch: inherit; font-variant-alternates: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px 0px 1.25em; padding: 0px; text-align: justify; vertical-align: baseline;"><span style="font-size: large;">Last word... Despite the continuing pressures and instability of the oil markets, Saudi Arabia continues to activate its efforts to cooperate with friendly countries and reliable financial organizations, to address the challenges facing the global economy in a way that serves all common interests.</span></p></div><div style="background-color: white; color: #222222;"><span style="box-sizing: border-box; vertical-align: inherit;"><span style="box-sizing: border-box; font-size: medium; vertical-align: inherit;"><p style="border: 0px; box-sizing: border-box; color: #333333; font-family: Droid, Helvetica, Arial, sans-serif; font-feature-settings: inherit; font-kerning: inherit; font-size: 16px; font-stretch: inherit; font-variant-alternates: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px 0px 1.25em; padding: 0px; text-align: justify; vertical-align: baseline;"><span style="box-sizing: border-box; vertical-align: inherit;"><span style="box-sizing: border-box; vertical-align: inherit;">* Saudi writer </span></span></p></span></span></div>Abdullah Alami عبدالله العلميhttp://www.blogger.com/profile/08998972834189803238noreply@blogger.com0tag:blogger.com,1999:blog-157117205548048996.post-55287239126310025352023-09-22T13:46:00.002+03:002023-09-22T13:46:57.628+03:00 كل عام وأنتَ بخير يا وطني<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; margin-bottom: 0in; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">عبدالله العلمي*<o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;"> </span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">أحبك ياوطني بكل بقعة فيك <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">بجبالك ووديانك وشواطئك وبحارك
وأراضيك <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">أحبك ياوطني في مكة المسجد الحرام
حيث رفع ابراهيم عليه السلام قواعد البيت والكعبة <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">فقال الكون لبيك <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">أحب فيكِ يا مكة (المعلاة)
و(المسفلة) و(الشبيكة) وكل بقعة نور طاهرة بيضاء الجبينْ <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">أحبك ياوطني في المدينة المنورة
والمسجد النبوي الذي يحتضن قبر النبي محمد صلى الله عليه وسلم الأمينْ<o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">أحب فيكِ يايثرب الجبال والوديان
والحرار <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">وتاريخ مدائن صالح ونسيم (قباء)
و(العلا)...بساتين تسر الناظرينْ <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">أحبك ياوطني في الرياض قلب الجزيرة
النابض على هضبة نجد الحصن الحصينْ <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">أحب فيكِ أيتها الرياض الهيفاء
(وادي حنيفة) و(وادي البطحاء) و(البطينْ) <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">وكما أستقبلت وديانك يارياض
الجزيرة مياه الامطار والسيول فسموكِ خضراء حجر حاضرة اليمامة <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">فأنت أيضاً يارياض اليوم تستقبلين
الخير والبركات في مهرجانات الجنادرية <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">وعلى أبواب المصمك تروي ملاحم
المحاربينْ <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">أحبِ فيك يانجد تاريخنا في الدرعية
وملامح حي عرقة والعمارية <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">وقصور سلوى والأسوار والحصون
والقلعتينْ <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">هنا سطر المؤسس عبد العزيز أسطورة
التوحيد من (المليبيد) <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">فحقق بإذن الله النصر المبينْ <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">أحبك ياوطني في الشرقية في الدمام
والخبر والقطيف <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">وكل شبر على ساحل الخليج مروراً
بالخفجي ويبرينْ <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">أحبك ياجبل قارة الأحساء يا جبل
الشبعان <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">تطل شامخاً على مشارف الهفوف
ونخيلها المملودة وبيوتها الطينْ <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">أحبك ياالجبيل أيتها القرية
المستلقية فوق أجمل شواطئ الخليج <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">والحاضنة لصناعة الوطن من الدار
لقصر (دارينْ) <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">أحبك ياوطني في الظهران وراس تنورة
وبقيق <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">حيث تكد سواعد الرجال وعقول النساء
لضخ الخير من كل بئر وعينْ <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">أحب فيك ياوطني واحة القطيف أقدم
مناطق الخليج عشقاً <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">تحكي قصص لعبة النطة والمحاذف وسبع
الحجر والشعرور كما تحكي حضارات وثقافات آلاف السنينْ <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">أحب فيكِ سوق الخميس والعوامية
وجزيرة تاروت <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">وقفت حجر عثرة من البرتغال إلى
العثمانيينْ <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">ولي عشق في الشرقية في الدوحة
والدانة القسيمة لا يوازيها عشق ولا تساويها محبة أو حنينْ <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">أحبك ياوطني في عسير ولم تكوني
يوماً عسيرة <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">بل يسيرة المهدِ حلوة القوامِ
كريمة الأصل حلوة الخدينْ <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">أستنشق في ربوعك ياعسير الجنوب
نسيم قحطان وضيافة شهران وشهامة حطينْ <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">وبني عمر وبللحمر وبللسمر وبلقرن
وآل عائض وشمران وأهلك الطيبينْ <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">أحبك ياوطني في نجران واحة المسافر
العطشان <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">حيث نُقِشَ تاريخ الجنوب كله في
أشجاركِ وصخوركِ في قرى (القابل) <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">و(السودا والحمر) وجبل (المسماة)
وآثارمدينة (الأخدود) في كتب المؤرخينْ <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">وقفتِ يانجران ممشوقة القدِ رابطة
الجأش أمام الغزاة المحتلينْ <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">حتى أتى الرومان بجيوشهم وأعتدوا
على خديكِ الطاهرتين <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">فما نال منكِ يانجران جبروت قيصر
أو غزو (معينْ) <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">أحبك يا وطني في الجوف وتبوك نبض
المحبينْ <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">يا عمقنا الاستراتيجي في الشمال
يابوابة الوطن أمام بلاد الشام والرافدينْ <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">إن كل مافيكِ من ثرواتٍ من معادن
وكنوز الأرض هبة من رب العالمينْ <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">أحب فيكِ ياتبوك عبق شجر الزيتون
كلما هبت نسمات هواؤك العليل <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">أحببت فيكِ ياتبوك كرم رجالك حماة
الدينْ <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">أحب فيكِ أنوثة نسائك الخودِ فهن
من زهور قطافك من الورد الجوري والأقحوان وقرنفل العاشقينْ <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">أحب فيك ياتبوك ولاؤك ينبض فخراً
من قبائل بني عطيه والحويطات وشمر والشرارت <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">فصمودهم - يروي التاريخ - لا يلينْ
<o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">أحبك ياوطني في حائل يامفتاح
الصحراء ياشموس البر <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">حين احتوت دروبك الطويلة قوافل
التجار والمسافرينْ <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">أحبكِ ياعروس الشمال ياغيداء
الأنسِ يامن شكلتِ (حائلاً) <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">في أوقات الغيث بين أجا وسلمى <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">يامن استيقظ من بين أحضانكِ حاتم
الطائي أشهر العرب جوداً بل أكرم المحسنينْ <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">هنا قامت مدينة جبة وهناك روت
الرحالة الانجليزية "الليدي آن بلنت" <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">قصة رحلتها الشهيرة في أعماق صحراء
النفود تشهد لها الأيام والسنينْ <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">أحبك ياوطني في ينبع البحر يامدينة
الـ 2500 عام مشى في دربك التجار من كل صوب <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">يحملون البهارات و البخور من اليمن
السعيد إلى مصر وسواحل الأبيض المتوسط <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">كأنك حسناء دعجاء هجينْ<o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">أحب فيكِ ياينبع العيص ومازلت أشم
فيها قوافل وهوادج قريش في رحلتي الشتاء والصيف <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">تعج بالتجار والفرسان والمسافرينْ <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">أحبك ياوطني في الطائف اللدانة
طافت على الماء كأصحاب الصريم <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">بنوا حائطاً حولكِ كعروس وضيئة
تختال زهواً وفخراً فوق جبال الساحلينْ <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">أحب فيك ياوطني أبها البهية
وبيوتها الطينية والحجرية <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">تقف شامخة منذ مئات السنينْ <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">أحب فيكِ يا أبها يامجدولة المطر <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">تحيط بكِ أشجار الخوخ والمشمش
والبرشومي والرمان والتفاح والورد الطائفي <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">كخجل بتول من قبلة الوجنتينْ <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">أحبك ياوطني بدون أحزاب ولا تكتلات
أو تحالفات ولا يسار أو يمينْ <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">هكذا أنت أجمل بدون وصاية من فلان
أو فلان <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">يومنا الوطني هو يوم لنا كلنا بكل
أطيافنا وألواننا نشعر فيه بالفرح وبهجة الآمنينْ <o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">يومنا ليس يوم شعارات ثورية وقومية
<o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">بل يوم مبايعة نخلة رخاء وحكمة
سيفينْ<o:p></o:p></span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;"> </span></p>
<p class="MsoNormal" dir="RTL" style="background: #FEFEFE; direction: rtl; line-height: normal; text-align: right; unicode-bidi: embed;"><span lang="AR-SA" style="color: #232323; font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">*كاتب سعودي</span><span dir="LTR" style="font-family: "Arial",sans-serif; font-size: 14.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;"><o:p></o:p></span></p>Abdullah Alami عبدالله العلميhttp://www.blogger.com/profile/08998972834189803238noreply@blogger.com0tag:blogger.com,1999:blog-157117205548048996.post-49995903101633914592023-09-12T12:18:00.000+03:002023-09-12T12:18:45.655+03:00 The New Saudi-Bharati Era<p><span style="font-family: Arial, sans-serif; font-size: 12pt;">Abdullah Al-Alami*</span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0in;"><span lang="EN" style="font-family: "Arial",sans-serif; font-size: 12.0pt; mso-ansi-language: EN; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;">September 12, 2023</span></p><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in;"><span lang="EN" style="font-family: "Arial",sans-serif; font-size: 12.0pt; mso-ansi-language: EN; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;"></span></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEgbxtWHxeS9qJhyJUjpa448WdtMMoieC1ME0evkStoOOVYzTtSZyjLULX3UKBvAXdNuMGlCGwVzkKpBEzVsN3Avy6xk9JyI3xi6ALQqoQWVQ5RkoOI-7ICIyjBoOGhhhBu4siVVikANWAFL-IMgl-T4ayh31emIiCHvV-btRdYbrIaVDmqw2GHeAlkeds4" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="540" data-original-width="1077" height="222" src="https://blogger.googleusercontent.com/img/a/AVvXsEgbxtWHxeS9qJhyJUjpa448WdtMMoieC1ME0evkStoOOVYzTtSZyjLULX3UKBvAXdNuMGlCGwVzkKpBEzVsN3Avy6xk9JyI3xi6ALQqoQWVQ5RkoOI-7ICIyjBoOGhhhBu4siVVikANWAFL-IMgl-T4ayh31emIiCHvV-btRdYbrIaVDmqw2GHeAlkeds4=w444-h222" width="444" /></a></div><br /><span style="font-size: 12pt;">Saudi Arabia’s
participation in the G20 summit in Bharat this week confirms Riyadh's political
standing, its economic weight, and its international leadership role.</span><p></p>
<p class="MsoNormal"><span lang="EN" style="font-family: "Arial",sans-serif; font-size: 12.0pt; line-height: 107%; mso-ansi-language: EN; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;">Riyadh
succeeded in achieving impressive growth in non-oil activities, amounting to
about 6.1%. This is yet new evidence of successful economic diversification
policies and reducing dependence on oil.</span><span dir="RTL" lang="AR-SA" style="font-family: "Arial",sans-serif; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family: "Arial",sans-serif; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;">This is how the Kingdom works to achieve
progress in social, cultural, and technological fields, coinciding with the
growth of oil and non-oil activities. The Kingdom’s real GDP is projected to
rise by 1.9% in 2023 and 2.8% in 2024.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family: "Arial",sans-serif; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;">The Kingdom also succeeded in implementing its
projects in a short time. Vision 2030 seeks to reduce dependence on oil and
continue to achieve its goals, especially in health, education, research and
innovation, food security, women’s empowerment, digital transformation, and
environmental protection.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family: "Arial",sans-serif; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;">Other success stories include the decline in
the unemployment rate among Saudis to 8%, which is the lowest ever recorded in
Saudi Arabia. Work also continues with strong momentum to raise the market
value of all non-oil-produced goods and services, to reach an average growth of
4.9% by 2023 while maintaining efficient spending.<o:p></o:p></span></p>
<p class="MsoNormal"><b><span style="font-family: "Arial",sans-serif; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;">My last words</span></b><span style="font-family: "Arial",sans-serif; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;">... The signing of a memorandum of understanding for huge projects
between Bharat, the Middle East, and Europe to develop infrastructure will
include modern railways and ports. Furthermore, the signing of 50 joint
agreements between Saudi Arabia and Bharat in the fields of petrochemicals,
renewable energy, agriculture, and industry, is worth $3.5 billion.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family: "Arial",sans-serif; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;">This is how Saudi Arabia and India successfully
contribute to the stability of the global economy.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family: "Arial",sans-serif; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;">*Saudi writer<o:p></o:p></span></p>Abdullah Alami عبدالله العلميhttp://www.blogger.com/profile/08998972834189803238noreply@blogger.com0tag:blogger.com,1999:blog-157117205548048996.post-15885678976460872332023-08-24T08:47:00.002+03:002023-08-24T08:47:50.128+03:00 India Lands on the Moon<p><span style="font-size: 14pt;">Abdullah Al Alami*</span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0in;"><span style="font-size: 14.0pt;">August 24, 2023<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0in;"><span style="font-size: 14.0pt;"> </span></p>
<p class="MsoNormal"><span style="font-size: 14.0pt; line-height: 107%;"><b>As the Indian
spacecraft landed on the rugged, unexplored south pole of the moon on
Wednesday, August 23, 2023, a new space power is born.<o:p></o:p></b></span></p>
<p class="MsoNormal"><span style="font-size: 14.0pt; line-height: 107%;">The Indian
public already takes great pride in the accomplishments of the nation’s space
program. This is truly an impressive progress made by India in the field of
science and technology.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size: 14.0pt; line-height: 107%;">The control
room in Bengaluru became a joyous scene among the engineers, scientists, and
technicians of the Indian Space Research Organization. India is the first
country to ever reach this part of the lunar surface, and only the fourth
country ever to land on the moon after the United States, China, and Russia. <o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size: 14.0pt; line-height: 107%;">India is
achieving scientific and technological progress. In addition, India has orbited
the moon and Mars and routinely launches satellites above the Earth with far
fewer financial resources than other space-faring nations.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size: 14.0pt; line-height: 107%;">What’s next?
Chandrayaan-3 is expected to remain functional for two weeks, running a series
of experiments including a spectrometer analysis of the mineral composition of
the lunar surface. In 2 weeks, the sun will shine on the landing site and
provide energy for the solar-powered lander and rover.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size: 14.0pt; line-height: 107%;">India and
Saudi Arabia share centuries-old economic and socio-cultural ties. The landmark
visits of Prime Minister Shri. Narendra Modi to the Kingdom in 2016 and 2019
and the State visit of Crown Prince Mohammad bin Salman to India in 2019 has
marked a new era in bilateral relations. Saudi Arabia and India signed 11
MoUs in the fields of energy, security, defense production, civil aviation,
medical products, strategic petroleum reserves, small and medium-scale
industries, etc.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size: 14.0pt; line-height: 107%;">I am also
proud that an Indian businessman pumped more than half a billion Saudi riyals
to invest in the field of dates, palm trees, and their derivatives in Buraidah, Saudi
Arabia.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size: 14.0pt; line-height: 107%;">Last Word. India
had its eyes on worlds beyond the moon. India is planning to launch a mission called
Aditya-L1 in early September to study the sun. A human space flight called
Gaganyaan is also planned possibly by 2024.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size: 14.0pt; line-height: 107%;"> </span></p>
<p class="MsoNormal"><span style="font-size: 14.0pt; line-height: 107%;">*Saudi
writer<o:p></o:p></span></p>Abdullah Alami عبدالله العلميhttp://www.blogger.com/profile/08998972834189803238noreply@blogger.com0tag:blogger.com,1999:blog-157117205548048996.post-54703213309828661572023-06-18T06:55:00.000+03:002023-06-18T06:55:06.919+03:00 Mohammed bin Salman at the Elysée Palace<p><span style="background-color: white; color: #222222; font-family: Calibri, sans-serif; font-size: 14pt;">Abdullah Alami*</span></p><p class="MsoNormal" style="background-color: white; color: #222222; font-family: Calibri, sans-serif; font-size: 11pt; line-height: normal; margin: 0in;"><span lang="EN" style="font-size: 14pt;">June 18, 2023</span><span style="font-size: 14pt;"></span></p><p class="MsoNormal" style="background-color: white; color: #222222; font-family: Calibri, sans-serif; font-size: 11pt; line-height: normal; margin: 0in;"><span lang="EN" style="font-size: 14pt;"><br /></span></p><p class="MsoNormal" style="background-color: white; color: #222222; font-family: Calibri, sans-serif; font-size: 11pt; line-height: normal; margin: 0in;"><span lang="EN" style="font-size: 14pt;"></span></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEhV0I45RsNtCZAnHlyGVvWsrjMQR1A_V6Bdnics7HIPn_mLdABgp8s3momv8yeyxTb3paa5GkuA0jbD4fUNvkNpWhnEjgHuk50eRHqbQEXCk0qVuiXpbTrv8tFKFnEZ5D5sDqoJxVZVSNHhOEko8jMy_KX25R3IzlMpOn-PI2X-tO__IcwQedyhat_9" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="900" data-original-width="1200" height="240" src="https://blogger.googleusercontent.com/img/a/AVvXsEhV0I45RsNtCZAnHlyGVvWsrjMQR1A_V6Bdnics7HIPn_mLdABgp8s3momv8yeyxTb3paa5GkuA0jbD4fUNvkNpWhnEjgHuk50eRHqbQEXCk0qVuiXpbTrv8tFKFnEZ5D5sDqoJxVZVSNHhOEko8jMy_KX25R3IzlMpOn-PI2X-tO__IcwQedyhat_9" width="320" /></a></div><br /><br /><p></p><p class="MsoNormal" style="background-color: white; color: #222222; font-family: Calibri, sans-serif; font-size: 11pt; line-height: normal; margin: 0in;"><span style="font-size: 14pt;"> </span><span style="background-color: #f8f9fa; color: #202124; font-size: 14pt;">The visit of His Highness, the Saudi Crown Prince Mohammed bin Salman, to France occupies the front page in the international news bulletins. One of the most prominent signs of the success of the relationship between the two countries is the development of Saudi French projects. I mean specifically the SATORP refinery, a joint venture between Saudi Aramco and Total Energy, and the French company (EDF) for renewable energy, which heads the consortium for developing the wind farm project in the Dumat al-Jandal, and other partnerships in the logistical fields as well.</span></p><p class="MsoNormal" style="background-color: white; color: #222222; font-family: Calibri, sans-serif; font-size: 11pt; line-height: normal; margin: 0in;"><span style="background-color: #f8f9fa; color: #202124; font-size: 14pt;"><br /></span></p><p class="MsoNormal" style="background: rgb(248, 249, 250); color: #222222; font-family: Calibri, sans-serif; font-size: 11pt; line-height: normal; margin: 0in 0in 8pt;"><span lang="EN" style="color: #202124; font-size: 14pt;">Education and medicine have an important place in the relationship between the two countries. There are one thousand four hundred Saudi students currently pursuing their studies in France, and three Saudi universities teach the French language. Also, hundreds of Saudi doctors were enrolled in training programs in France since 2006.</span></p><p class="MsoNormal" style="background: rgb(248, 249, 250); color: #222222; font-family: Calibri, sans-serif; font-size: 11pt; line-height: normal; margin: 0in 0in 8pt;"><span lang="EN" style="color: #202124; font-size: 14pt;">The number of French companies investing in the Kingdom increased from 259 in 2019 to 336 companies in 2022. As for the trade exchange between the Kingdom and France, its volume increased in 2021 to $7.155 billion.</span><span style="color: #202124; font-size: 14pt;"></span></p><p class="MsoNormal" style="background: rgb(248, 249, 250); color: #222222; font-family: Calibri, sans-serif; font-size: 11pt; line-height: normal; margin: 0in 0in 8pt;"><span lang="EN" style="color: #202124; font-size: 14pt;">The current meetings of the Saudi delegation in the French capital include bilateral economic, military, and cultural relations. The Saudi French talks also include several international files, most notably Lebanon, Iraq, and Sudan, in addition to exploring ways to end the Russian-Ukrainian war.</span></p><p class="MsoNormal" style="background: rgb(248, 249, 250); color: #222222; font-family: Calibri, sans-serif; font-size: 11pt; line-height: normal; margin: 0in 0in 8pt;"><span lang="EN" style="color: #202124; font-size: 14pt;">Here in Paris, the pace of economic investments between Riyadh and Paris is rising, and the two sides are discussing developing joint work and strengthening the strategic partnership to achieve the interests of the two countries. I specifically mean renewable energy projects such as solar and wind energy, cooperation in the field of clean hydrogen, and stabilizing global markets.</span><span style="color: #202124; font-size: 14pt;"></span></p><p class="MsoNormal" style="background: rgb(248, 249, 250); color: #222222; font-family: Calibri, sans-serif; font-size: 11pt; line-height: normal; margin: 0in 0in 8pt;"><span lang="EN" style="color: #202124; font-size: 14pt;">The outcome is positive, as the Kingdom ranked 53rd in the list of countries receiving French exports, with a value of $3.240 billion. This is not all, the two countries are also working to strengthen bilateral investment relations and build long-term partnerships between the private sectors in both the Kingdom and France. Among the successful evidence is the signing of a memorandum of understanding between the "Business France Program”, and the “Saudi Leadership of National Companies program”. This is how the two countries work to expand the scope of their relationship.</span><span style="color: #202124; font-size: 14pt;"></span></p><p class="MsoNormal" style="background: rgb(248, 249, 250); color: #222222; font-family: Calibri, sans-serif; font-size: 11pt; line-height: normal; margin: 0in 0in 8pt;"><span lang="EN" style="color: #202124; font-size: 14pt;">The fruitful cooperation between the two countries did not come out of nowhere. Both Saudi Arabia and France are committed to the principles of the “Framework Convention on Climate Change”, the exchange of strategic interests, as well as strengthening their partnership in the defense fields. The factors that bring together Riyadh and Paris also include the importance of resolving international disputes through diplomatic and peaceful means, adherence to the United Nations Charter, respect for the unity and sovereignty of states, and non-interference in their internal affairs.</span><span style="color: #202124; font-size: 14pt;"></span></p><p class="MsoNormal" style="background: rgb(248, 249, 250); color: #222222; font-family: Calibri, sans-serif; font-size: 11pt; line-height: normal; margin: 0in 0in 8pt;"><span lang="EN" style="color: #202124; font-size: 14pt;">Finally. Tomorrow, Monday, June 19, His Highness the Crown Prince will participate in Saudi Arabia's official reception for Riyadh's candidacy to host Expo 2030. The Elysée Palace was proactive in announcing its support for the candidacy file for the important international exhibition. His Highness the Crown Prince of Saudi Arabia will also lead the Kingdom's delegation participating in the "For a New Global Financial Pact" summit in Paris on June 22-23. Here, world leaders gather to discuss financing to fight poverty, and other climate and biological issues.</span></p><p class="MsoNormal" style="background: rgb(248, 249, 250); color: #222222; font-family: Calibri, sans-serif; font-size: 11pt; line-height: normal; margin: 0in 0in 8pt;"><span lang="EN" style="color: #202124; font-size: 14pt;">This is how Saudi Arabia became an active player in decision-making and positive international relations.</span></p><p class="MsoNormal" style="background: rgb(248, 249, 250); color: #222222; font-family: Calibri, sans-serif; font-size: 11pt; line-height: normal; margin: 0in;"><span lang="EN" style="color: #202124; font-size: 14pt;"> </span></p><p class="MsoNormal" style="background: rgb(248, 249, 250); color: #222222; font-family: Calibri, sans-serif; font-size: 11pt; line-height: normal; margin: 0in;"><span lang="EN" style="color: #202124; font-size: 14pt;">*Saudi writer</span></p>Abdullah Alami عبدالله العلميhttp://www.blogger.com/profile/08998972834189803238noreply@blogger.com0tag:blogger.com,1999:blog-157117205548048996.post-50160566685994832002023-06-18T06:26:00.000+03:002023-06-18T06:26:24.095+03:00 Mohammed ben Salmane au palais de l'Elysée<p><span style="font-size: 14pt;">Abdullah Alami*</span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0in;"><span lang="FR" style="font-size: 14.0pt; mso-ansi-language: FR; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin;">18 juin 2023</span><span style="font-size: 14.0pt; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin;"><o:p></o:p></span></p>
<p class="MsoNormal"><span lang="FR" style="font-size: 14.0pt; line-height: 107%; mso-ansi-language: FR; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin;"> </span></p><p class="MsoNormal"><span lang="FR" style="font-size: 14.0pt; line-height: 107%; mso-ansi-language: FR; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin;"></span></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEjD2BDws1GIi6Fb4AN5ymqiId4XoX05IzitSL0ID2WPc4tiDoB2iiPiznJ2zWKXt53AHZ3iCHrfv81ofdJTlQ-X7Q32xRyz7rwhOJNA76pS0AXBLBHNW02zgsRYQE-D3bvqXQzORBt0JO4tDzD-ql21FOodP7U8MjG1M1lr5Icd7_Jpmy01DHct4wkk" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="677" data-original-width="1180" height="184" src="https://blogger.googleusercontent.com/img/a/AVvXsEjD2BDws1GIi6Fb4AN5ymqiId4XoX05IzitSL0ID2WPc4tiDoB2iiPiznJ2zWKXt53AHZ3iCHrfv81ofdJTlQ-X7Q32xRyz7rwhOJNA76pS0AXBLBHNW02zgsRYQE-D3bvqXQzORBt0JO4tDzD-ql21FOodP7U8MjG1M1lr5Icd7_Jpmy01DHct4wkk" width="320" /></a></div><br /><span style="font-size: 14pt;">La visite de Son Altesse le prince héritier saoudien Mohammed ben Salmane
en France occupe une des journaux internationaux. L'un des signes le plus
marquant du succès de la relation entre les deux pays est le développement des
projets franco saoudiens. Je veux dire plus précisément la raffinerie SATORP,
une joint-venture entre Saudi Aramco et Total Energy, et la société française
(EDF) pour les énergies renouvelables, qui dirige le consortium pour le
développement du projet de parc éolien à Dumat al-Jandal, et d'autres
partenariats dans les domaines logistiques également.</span><p></p>
<p class="MsoNormal"><span style="font-size: 14.0pt; line-height: 107%; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin;">L'éducation et la médecine occupent
une place importante dans les relations entre les deux pays. Il y a mille
quatre cents étudiants saoudiens qui poursuivent actuellement leurs études en
France, et trois universités saoudiennes enseignent la langue française. Aussi,
des centaines de médecins saoudiens ont été inscrits dans les programmes de
formation en France depuis 2006.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size: 14.0pt; line-height: 107%; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin;">Le nombre d'entreprises françaises
investissant dans le Royaume a passé de 259 en 2019 à 336 entreprises en 2022.
Quant aux échanges commerciaux entre le Royaume et la France, leur volume a
passé en 2021 à 7,155 milliards de dollars.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="FR" style="font-size: 14.0pt; line-height: 107%; mso-ansi-language: FR; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin;">Les réunions actuelles de la délégation saoudienne dans la capitale
française portent sur les relations économiques, militaires et culturelles
bilatérales. Les pourparlers franco-saoudiens incluent également plusieurs
dossiers internationaux, notamment le Liban, l'Irak et le Soudan, en plus
d'explorer les moyens de mettre fin à la guerre russo-ukrainienne.</span><span style="font-size: 14.0pt; line-height: 107%; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin;"><o:p></o:p></span></p>
<p class="MsoNormal"><span lang="FR" style="font-size: 14.0pt; line-height: 107%; mso-ansi-language: FR; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin;">Ici à Paris, le rythme des investissements économiques entre Riyad et Paris
s'accélère, et les deux parties discutent le développement d'un travail
conjoint et du renforcement du partenariat stratégique pour réaliser les
intérêts des deux pays. Je veux dire en particulier les projets d'énergie
renouvelable tels que l'énergie solaire et éolienne, la coopération dans le domaine
de l'hydrogène propre et la stabilisation des marchés mondiaux.</span><span style="font-size: 14.0pt; line-height: 107%; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin;"><o:p></o:p></span></p>
<p class="MsoNormal"><span lang="FR" style="font-size: 14.0pt; line-height: 107%; mso-ansi-language: FR; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin;">Le bilan est positif, puisque le Royaume se classe au 53e rang dans la
liste des pays destinataires des exportations françaises, avec une valeur de
3,240 milliards de dollars. Ce n'est pas tout, mais les deux pays s'emploient
également à renforcer les relations d'investissement bilatérales et à
construire des partenariats à long terme entre les secteurs privés du Royaume
et de la France. Parmi les preuves de succès, la signature d'un protocole
d'accord entre le "Programme Business France" et le "Programme
Saudi Leadership of National Companies". C'est ainsi que les deux pays
travaillent à élargir le champ de leur relation.</span><span style="font-size: 14.0pt; line-height: 107%; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin;"><o:p></o:p></span></p>
<p class="MsoNormal"><span lang="FR" style="font-size: 14.0pt; line-height: 107%; mso-ansi-language: FR; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin;">La coopération fructueuse entre les deux pays n'est pas sortie de nulle
part. L'Arabie saoudite et la France sont toutes deux attachées aux principes
de la "Convention-cadre sur le changement climatique", à l'échange
d'intérêts stratégiques, ainsi qu'au renforcement de leur partenariat dans les
domaines de la défense. Les facteurs qui rapprochent Riyad et Paris incluent
également l'importance de résoudre les différences internationaux par des
moyens diplomatiques et pacifiques, l'adhésion à la Charte des Nations Unies,
le respect de l'unité et de la souveraineté des États et la non-ingérence dans
leurs affaires intérieures.</span><span style="font-size: 14.0pt; line-height: 107%; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin;"><o:p></o:p></span></p>
<p class="MsoNormal"><span lang="FR" style="font-size: 14.0pt; line-height: 107%; mso-ansi-language: FR; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin;">Enfin. Demain, lundi 19 juin, Son Altesse le Prince héritier participera à
la réception officielle de l'Arabie saoudite pour la candidature de Riyad à
l'accueil de l'Expo 2030. Le Palais de l'Elysée a été proactif en annonçant son
soutien au dossier de candidature à l'importante exposition internationale. Son
Altesse le Prince héritier d'Arabie saoudite conduira également la délégation
du Royaume participant au sommet "Pour un nouveau pacte financier
mondial" à Paris les 22 et 23 juin. Ici, les dirigeants mondiaux se
réunissent pour discuter le financement de la lutte contre la pauvreté et
d'autres problèmes climatiques et biologiques.</span><span style="font-size: 14.0pt; line-height: 107%; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin;"><o:p></o:p></span></p>
<p class="MsoNormal"><span lang="FR" style="font-size: 14.0pt; line-height: 107%; mso-ansi-language: FR; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin;">C'est ainsi que l'Arabie saoudite est devenue un acteur actif de la prise
de décision et des relations internationales positives.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="FR" style="font-size: 14.0pt; line-height: 107%; mso-ansi-language: FR; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin;"> </span></p>
<p class="MsoNormal"><span lang="FR" style="font-size: 14.0pt; line-height: 107%; mso-ansi-language: FR; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin;">*écrivain saoudien</span><span style="font-size: 14.0pt; line-height: 107%; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin;"><o:p></o:p></span></p>Abdullah Alami عبدالله العلميhttp://www.blogger.com/profile/08998972834189803238noreply@blogger.com0tag:blogger.com,1999:blog-157117205548048996.post-14547042302926649432023-05-12T09:53:00.001+03:002023-05-12T09:53:41.959+03:00"غلاء المعيشة في دول الخليج"<p dir="rtl" style="text-align: center;"><span style="font-size: large;"> مشاركتي في برنامح حديث الخليج</span></p><p dir="rtl" style="text-align: center;"><span style="font-size: x-large;">قناة الحرة</span></p><div class="style-scope ytd-watch-metadata" dir="rtl" id="title" style="background: rgb(255, 255, 255); border: 0px; font-family: Roboto, Arial, sans-serif; margin: 0px; padding: 0px; text-align: right;"><h1 class="style-scope ytd-watch-metadata" style="-webkit-box-orient: vertical; -webkit-line-clamp: 2; background: transparent; border: 0px; color: #0f0f0f; display: -webkit-box; font-family: "YouTube Sans", Roboto, sans-serif; line-height: 2.8rem; margin: 0px; max-height: 5.6rem; overflow: hidden; padding: 0px; text-align: center; text-overflow: ellipsis; word-break: break-word;"><yt-formatted-string class="style-scope ytd-watch-metadata" force-default-style=""><span style="font-size: large;">"غلاء المعيشة في دول الخليج"</span></yt-formatted-string></h1><div><yt-formatted-string class="style-scope ytd-watch-metadata" force-default-style=""><span style="font-size: large;"><br /></span></yt-formatted-string></div><div><yt-formatted-string class="style-scope ytd-watch-metadata" force-default-style=""><span style="font-size: large;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEh3P3MZkfflo7cktNveVC4k4j5on89qgGiL79dwnWSSpITgmCKYgFkgokBu_dFUzJsywp0Htn-DOnDPmObSzDAtjFGonxb9nCv4HsOd6CD-X_99kjO9YICLHCtqIJDummApdDkjNw6WsEsFjZr6WsFOK9v41c8wjZf5BRtscbB6rjnomNJwSbMmk5ne" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="505" data-original-width="1280" height="180" src="https://blogger.googleusercontent.com/img/a/AVvXsEh3P3MZkfflo7cktNveVC4k4j5on89qgGiL79dwnWSSpITgmCKYgFkgokBu_dFUzJsywp0Htn-DOnDPmObSzDAtjFGonxb9nCv4HsOd6CD-X_99kjO9YICLHCtqIJDummApdDkjNw6WsEsFjZr6WsFOK9v41c8wjZf5BRtscbB6rjnomNJwSbMmk5ne=w458-h180" width="458" /></a></div><br /><br /></span></yt-formatted-string></div><div style="text-align: center;"><yt-formatted-string class="style-scope ytd-watch-metadata" force-default-style=""><i><span style="color: #2b00fe;"><a class="x1fey0fg xmper1u x1edh9d7" href="https://www.youtube.com/watch?v=bWiLbtViQqA&t=334s">https://www.youtube.com/watch?v=bWiLbtViQqA&t=334s</a><br /></span></i></yt-formatted-string></div><div style="color: #0f0f0f; text-align: center;"><yt-formatted-string class="style-scope ytd-watch-metadata" force-default-style=""><span style="font-size: large;"><br /></span></yt-formatted-string></div></div><div class="style-scope ytd-watch-metadata" dir="rtl" id="top-row" style="background: rgb(255, 255, 255); border: 0px; color: #0f0f0f; display: flex; flex-direction: row; font-family: Roboto, Arial, sans-serif; justify-content: flex-start; margin: -4px 0px 0px; padding: 0px; text-align: right;"><div class="item style-scope ytd-watch-metadata" id="owner" style="align-items: center; background: transparent; border: 0px; box-sizing: border-box; display: flex; flex-direction: row; flex: 1 1 1e-09px; margin: 12px 12px 0px 0px; min-width: calc(50% - 6px); padding: 0px;"><ytd-video-owner-renderer class="style-scope ytd-watch-metadata" style="display: flex; flex-direction: row; min-width: 0px;" watch-metadata-refresh=""><a class="yt-simple-endpoint style-scope ytd-video-owner-renderer" href="https://www.youtube.com/@alhurra" style="cursor: pointer; display: inline-block; text-decoration-line: none;" tabindex="-1"><yt-img-shadow class="style-scope ytd-video-owner-renderer no-transition" id="avatar" loaded="" style="background-color: transparent; border-radius: 50%; display: inline-block; flex: 0 0 auto; height: 40px; margin-right: 12px; opacity: 1; overflow: hidden; transition: none 0s ease 0s; width: 40px;" width="40"><div style="text-align: center;"></div></yt-img-shadow></a></ytd-video-owner-renderer></div></div>Abdullah Alami عبدالله العلميhttp://www.blogger.com/profile/08998972834189803238noreply@blogger.com0tag:blogger.com,1999:blog-157117205548048996.post-1292505807474754232023-05-10T12:09:00.002+03:002023-05-10T12:09:48.115+03:00Saudi Arabia Continues to Diversify its Economy<p><span style="color: #121416; font-family: Arial, sans-serif; font-size: 12pt; letter-spacing: -0.5pt;">Abdullah Al Alami*</span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0in;"><span style="color: #121416; font-family: "Arial",sans-serif; font-size: 12.0pt; letter-spacing: -.5pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 18.0pt; mso-hansi-theme-font: minor-bidi; mso-ligatures: none;">May 10, 2023<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0in;"><span style="color: #121416; font-family: Arial, sans-serif; font-size: 12pt; letter-spacing: -0.5pt;">The
US Federal Reserve and the European Central Bank announcements of interest rate
hike, confirms that the inflation will remain high for a long time. The
repetition of this scenario several times recently leads the way to tightening
monetary measures throughout the world.</span></p>
<p class="MsoNormal" style="line-height: normal;"><span style="color: #121416; font-family: "Arial",sans-serif; font-size: 12.0pt; letter-spacing: -.5pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 18.0pt; mso-hansi-theme-font: minor-bidi; mso-ligatures: none;">As
for Saudi Arabia, it continues to diversify its economy, taking several factors
into consideration. I specifically mean the growth of investment in new areas
including non-oil sectors, the launch of huge infrastructure, introducing new tourism
projects, and utilizing advanced technology in financial services.<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: normal;"><span style="font-family: "Arial",sans-serif; font-size: 12.0pt; letter-spacing: -.5pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 18.0pt; mso-hansi-theme-font: minor-bidi; mso-ligatures: none;">Let me provide
a couple of examples. </span><span style="background: white; color: black; font-family: "Arial",sans-serif; font-size: 12.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-color-alt: windowtext; mso-hansi-theme-font: minor-bidi;">Small and Medium Enterprises <em><span style="font-family: "Arial",sans-serif; font-style: normal; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;">General Authority</span></em> (Monsha'at)</span><span style="font-family: "Arial",sans-serif; font-size: 12.0pt; letter-spacing: -.5pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 18.0pt; mso-hansi-theme-font: minor-bidi; mso-ligatures: none;"> announced 23 new initiatives as part of the 7 strategic <span style="color: #121416;">programs. These initiatives include national
transformation, financial sector sustainability, with concentration on human resources
development.<o:p></o:p></span></span></p>
<p class="MsoNormal" style="line-height: normal;"><span style="color: #121416; font-family: "Arial",sans-serif; font-size: 12.0pt; letter-spacing: -.5pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 18.0pt; mso-hansi-theme-font: minor-bidi; mso-ligatures: none;">This
is not all, Riyadh announced its desire to retreat from dependence on
oil. This is an important and positive path, as 90% of the state's
revenues used to be generated from oil, but have recently dropped to
60%. In addition, the Saudi Gross Domestic Product (GDP) achieved the
highest growth rate among the G20 countries, at 9.9% in 2022, and is expected to
be the same in 2023.<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: normal;"><span style="color: #121416; font-family: "Arial",sans-serif; font-size: 12.0pt; letter-spacing: -.5pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 18.0pt; mso-hansi-theme-font: minor-bidi; mso-ligatures: none;">Among
other positive developments, the International Monetary Fund expected Saudi non-oil
GDP growth to reach 4.9% in 2023 and 4.2% next year. This is a result of applying
financial and economic policies and managing investment projects in a
professional manner.<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: normal;"><span style="color: #121416; font-family: "Arial",sans-serif; font-size: 12.0pt; letter-spacing: -.5pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 18.0pt; mso-hansi-theme-font: minor-bidi; mso-ligatures: none;">Saudi
Arabia continues to implement its development projects in cooperation with
international companies. I am specifically talking about 108 regional
companies that have moved their headquarters to Riyadh during the past two
years, including 26 American companies. This is a result of new promising
opportunities and profitable partnership with the Saudi institutions.<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0in;"><span style="color: #121416; font-family: "Arial",sans-serif; font-size: 12.0pt; letter-spacing: -.5pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 18.0pt; mso-hansi-theme-font: minor-bidi; mso-ligatures: none;"><o:p> </o:p></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0in;"><i><span style="color: grey; font-family: "Arial",sans-serif; font-size: 12.0pt; letter-spacing: -.5pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 18.0pt; mso-hansi-theme-font: minor-bidi; mso-ligatures: none; mso-themecolor: background1; mso-themeshade: 128;">*Saudi writer<o:p></o:p></span></i></p>Abdullah Alami عبدالله العلميhttp://www.blogger.com/profile/08998972834189803238noreply@blogger.com0tag:blogger.com,1999:blog-157117205548048996.post-64527141294647741362023-04-04T11:03:00.009+03:002023-04-04T14:41:28.314+03:00Positive Saudi Track 2023<span style="font-size: medium;">Abdullah Al Alami* </span><div><span style="font-size: medium;">April 4, 2023 </span></div><div><span style="font-size: medium;"><br /></span></div><div><span style="font-size: medium;"> Saudi Arabia signed 100 agreements with international partners, and licensed more than 90 companies to open regional headquarters in the Kingdom. </span></div><div><span style="font-size: medium;"><br /></span></div><div><span style="font-size: medium;"> Starting January 2024, Saudi Arabia will not contract with any foreign commercial establishment whose regional headquarters is not in the Kingdom. This decision came at the right time, and includes bodies, institutions, and funds affiliated with the government or any of its agencies. </span></div><div><span style="font-size: medium;"><br /></span></div><div><span style="font-size: medium;"> This is good, but not enough. We need to preserve the reputation of our investment policies. On March 9, 2023, investors requested a refund of $42 billion from Silicon Valley Bank in the USA. The whole world watched how the Federal Deposit Insurance Corporation (FDIC) closed the bank within 24 hours to stop the bleeding of withdrawals. </span></div><div><span style="font-size: medium;"><br /></span></div><div><span style="font-size: medium;"> In addition to the risk reduction factor, limiting Saudi contracts to international companies that have a regional center in the Kingdom is a positive decision. This will create thousands of jobs for citizens, transfer expertise, localize knowledge, and attract more investments to the Kingdom. </span></div><div><span style="font-size: medium;"><br /></span></div><div><span style="font-size: medium;"> Nothing is 100% safe anymore; the loss of Silicon Valley Bank did not result only from investments in high-risk debts, but surprisingly by acquiring strong mortgage-backed securities and Treasury bills, which are among the safest around the world. </span></div><div><span style="font-size: medium;"><br /></span></div><div><span style="font-size: medium;"> This is how Silicon Valley Bank topped the list of failed financial records. We, in Saudi Arabia, must screen foreign institutions who deal with the Saudi government and institutions. </span></div><div><span style="font-size: medium;"><br /></span></div><div><span style="font-size: medium;"> It became clear that Silicon Valley investments were affected by a series of economic events, including supply chain bottlenecks, and soaring inflation rates. However, the demand for credit increased in Saudi Arabia, with relatively few returns, but more efficient and less risk. </span></div><div><span style="font-size: medium;"><br /></span></div><div><span style="font-size: medium;"> As indicated at the Global Priority Summit in the United States this week, the International Monetary Fund expects the Saudi economy to grow by 7.5 percent, as the highest growth rate among developing countries. Also, Saudi investment funds managed $150 billion in assets in 2015, which has now grown to $650 billion, with a target of $1 trillion by the end of 2025. This is what I call “good news”. </span></div><div><span style="font-size: medium;"><br /></span></div><div><span style="font-size: medium;"> Due to improving operational efficiencies, current Saudi investment total net income increased by more than 28 percent to reach 62.7 billion Saudi riyals. Saudi banks will continue the positive track in 2023 as the Saudi Central Bank extends the periods of support packages to avoid potential crises. </span></div><div><span style="font-size: medium;"><br /></span></div><div><span style="font-size: medium;"> We want to succeed in attracting new and "safe" domestic and foreign investments to the Kingdom. We also want to develop economic relations with regional and global partners for a better future for Saudi Arabia and the region.</span></div><div><span style="font-size: medium;"><br /></span></div><div><span style="font-size: medium;"> *Saudi writer
</span></div>Abdullah Alami عبدالله العلميhttp://www.blogger.com/profile/08998972834189803238noreply@blogger.com0tag:blogger.com,1999:blog-157117205548048996.post-30910312544690531502022-10-16T11:18:00.001+03:002022-10-16T11:18:35.891+03:00"So who’s ‘naive’ about Saudi Arabia, now?"<p> <span style="font-family: verdana, sans-serif; font-size: large;">Ms. Attiah</span></p><p class="MsoNormal" style="line-height: 15.6933px; margin: 0in 0in 8pt;"><span style="line-height: 17.12px;"><span style="font-family: verdana, sans-serif; font-size: medium;"><br /></span></span></p><p class="MsoNormal" style="line-height: 15.6933px; margin: 0in 0in 8pt;"><span style="line-height: 17.12px;"><b><span style="font-family: verdana, sans-serif; font-size: medium;">This is regarding your article <i>"So who’s ‘naive’ about Saudi Arabia, now?"</i></span></b></span></p><p class="MsoNormal" style="line-height: 15.6933px; margin: 0in 0in 8pt;"><span style="font-family: verdana, sans-serif; font-size: medium;"><i><u><span style="color: blue;"><a data-saferedirecturl="https://www.google.com/url?q=https://www.washingtonpost.com/opinions/2022/10/14/biden-saudi-arabia-mbs-gas/&source=gmail&ust=1665994421957000&usg=AOvVaw2AWSuDBUVKV9mWvzi0whEN" href="https://www.washingtonpost.com/opinions/2022/10/14/biden-saudi-arabia-mbs-gas/" style="color: #1155cc;" target="_blank">https://www.washingtonpost.<wbr></wbr>com/opinions/2022/10/14/biden-<wbr></wbr>saudi-arabia-mbs-gas/</a></span></u></i><br /></span></p><p class="MsoNormal" style="line-height: 15.6933px; margin: 0in 0in 8pt;"><span style="line-height: 17.12px;"><i><span style="font-family: verdana, sans-serif; font-size: medium;"><br /></span></i></span></p><p class="MsoNormal" style="line-height: 15.6933px; margin: 0in 0in 8pt;"><span style="font-family: verdana, sans-serif; font-size: medium;">Not only the so-called article is full of lies about Saudi Arabia, but also defies the norms of proper journalism. Instead, you should have written about US crimes around the world.<br /></span></p><p class="MsoNormal" style="line-height: 15.6933px; margin: 0in 0in 8pt;"><span style="line-height: 17.12px;"><span style="font-family: verdana, sans-serif; font-size: medium;">YOU should have written about the outcome of “The International Tribunal on Human Rights Abuses Against Black, Brown and Indigenous Peoples” held Oct. 23-25 at The Malcolm X and Dr. Betty Shabazz Memorial and Educational Center in Washington Heights, New York City, aka Turtle Island, Lenape land.</span></span></p><p class="MsoNormal" style="line-height: 15.6933px; margin: 0in 0in 8pt;"><span style="line-height: 17.12px;"><span style="font-family: verdana, sans-serif; font-size: medium;">YOU should write about the millions of African people murdered, disappeared and nearly exterminated over a period from 1492 through the present.</span></span></p><p class="MsoNormal" style="line-height: 15.6933px; margin: 0in 0in 8pt;"><span style="font-family: verdana, sans-serif; font-size: medium;"><span style="line-height: 17.12px;">YOU should have written about testimonies heard regarding an alarming pattern and practice of US police murdering Black, Brown and Indigenous people with impunity. YOU should have written about civilians </span>murdered by the US in cold blood in Iraq, Afghanistan, Vietnam, Japan, The Dominican Republic, Laos, and other parts of the world.</span></p><p class="MsoNormal" style="line-height: 15.6933px; margin: 0in 0in 8pt;"><span style="line-height: 17.12px;"><span style="font-family: verdana, sans-serif; font-size: medium;">YOU should have written about traditional torture techniques in solitary confinement lasting for decades in the US, which goes so far beyond the U.N.-constituted definitions of torture that they defy any modern standard of humane government. </span></span></p><p class="MsoNormal" style="line-height: 15.6933px; margin: 0in 0in 8pt;"><span style="line-height: 17.12px;"><span style="font-family: verdana, sans-serif; font-size: medium;">YOU should have written about the fact that the U.S. is the only industrialized nation in the world that denies the existence of political prisoners.</span></span></p><span style="color: #888888;"><div data-smartmail="gmail_signature" dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div><br /></div><div>A Alami</div><div>Saudi writer</div><div><br style="background-color: white; font-family: Arial, Helvetica, sans-serif; font-size: small;" /></div></div></div></div></div></span>Abdullah Alami عبدالله العلميhttp://www.blogger.com/profile/08998972834189803238noreply@blogger.com0tag:blogger.com,1999:blog-157117205548048996.post-37094315015479798042022-07-27T10:17:00.006+03:002022-07-27T10:26:24.058+03:00The 63 Million Riyal Case<p class="MsoNormal" style="line-height: normal; margin-bottom: 0in;"><span style="font-size: 12pt;"><span style="color: #666666;"><i>Abdullah Al Alami*</i></span></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0in;"><span style="font-size: medium;">The
Public Prosecution's statement is clear; investigations proved that a Saudi female
citizen had with her foreign husband, committed money laundering, with
financial flows exceeding 63 million Saudi riyals.</span></p>
<p class="MsoNormal" style="line-height: normal;"><span style="font-size: medium;">The
court issued a preliminary ruling against the criminals, and sentenced them to jail
for a period of 12 years in accordance with the Anti-Money Laundering Law and
the Anti-Concealment Law.<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: normal;"><span style="font-size: medium;">This
crime reminds me of the suspicious phone calls and text messages people receive
inquiring about their personal bank information to help them conduct “lucrative
financial transactions”. We must alert the authorities immediately about
these calls, as the Public Prosecution is responsible for protecting national
economy from all forms of criminal practices.<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: normal;"><span style="font-size: medium;">Saudi
Central Bank has done well by establishing the Joint Operations Center for
Saudi Banks, which monitors cases of financial corruption. The Center brought
together all Saudi banks under one roof in 162 workstations, to help monitor and
trace financial crimes.<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: normal;"><span style="font-size: medium;"><span>Thanks
to the Public Prosecution Office for demanding tougher sentences against the
perpetrators in the 63 million Riyal case.</span><span><o:p></o:p></span></span></p>
<p class="MsoNormal" style="line-height: normal;"><span style="font-size: 12pt;"> </span></p>
<p><span style="font-size: 12pt;"><i>*Saudi
Writer</i></span></p>Abdullah Alami عبدالله العلميhttp://www.blogger.com/profile/08998972834189803238noreply@blogger.com0tag:blogger.com,1999:blog-157117205548048996.post-67003782483252749152022-07-12T08:27:00.001+03:002022-07-12T08:28:12.331+03:00Why is President Biden visiting Saudi Arabia<p><span face="Calibri, sans-serif" style="font-size: 12pt;">Abdullah Alami*</span></p><p class="MsoNormal" style="font-family: Calibri, sans-serif; font-size: 11pt; line-height: normal; margin: 0in;"><span dir="RTL"></span><span dir="RTL"></span><span dir="RTL" face="Arial, sans-serif" lang="AR-SA" style="font-size: 12pt;"><span dir="RTL"></span><span dir="RTL"></span>12</span><span dir="LTR"></span><span dir="LTR"></span><span style="font-size: 12pt;"><span dir="LTR"></span><span dir="LTR"></span> July 2022</span></p><p class="MsoNormal" style="font-family: Calibri, sans-serif; font-size: 11pt; line-height: 15.6933px; margin: 0in 0in 8pt;"><span style="font-size: 12pt; line-height: 17.12px;"><br />US President Joe Biden's visit to Saudi Arabia on July 15 is an opportunity for international media to have a closer look at the Kingdom.</span></p><p class="MsoNormal" style="font-family: Calibri, sans-serif; font-size: 11pt; line-height: 15.6933px; margin: 0in 0in 8pt;"><span style="font-size: 12pt; line-height: 17.12px;">The Saudi Public Investment Fund (PIF) is ranked sixth among the world's largest sovereign wealth funds with total assets of $620 billion. Saudi sales rose by 28% for the second consecutive month, and (PIF) assets jumped 163%, or 248 billion dollars, during the first five years of implementing the Kingdom's Vision 2030.</span></p><p class="MsoNormal" style="font-family: Calibri, sans-serif; font-size: 11pt; line-height: 15.6933px; margin: 0in 0in 8pt;"><span style="font-size: 12pt; line-height: 17.12px;">The US National Security Council coordinator, Brett McGurk, is obviously interested in the Saudi economy. We seek - with or without US assistance - strengthening the Kingdom's role in the global markets. Riyadh seized good investment opportunities in US stocks in 2020, and we will do the same when and where available.</span></p><p class="MsoNormal" style="font-family: Calibri, sans-serif; font-size: 11pt; line-height: 15.6933px; margin: 0in 0in 8pt;"><span style="font-size: 12pt; line-height: 17.12px;">Protests against the US administration is increasing due to segregation against African Americans, and recent abortion ruling. These issues will not support Biden in the next elections, and he will need all the help he can get.</span></p><p class="MsoNormal" style="font-family: Calibri, sans-serif; font-size: 11pt; line-height: 15.6933px; margin: 0in 0in 8pt;"><span style="font-size: 12pt; line-height: 17.12px;">Meanwhile, Saudi Arabia is moving steadily towards achieving its economic goals, including localizing technologies, and building strategic partnerships with friendly industrial nations.</span></p><p class="MsoNormal" style="font-family: Calibri, sans-serif; font-size: 11pt; line-height: 15.6933px; margin: 0in 0in 8pt;"><span style="font-size: 12pt; line-height: 17.12px;"> </span></p><p class="MsoNormal" style="font-family: Calibri, sans-serif; font-size: 11pt; line-height: 15.6933px; margin: 0in 0in 8pt;"><span style="font-size: 12pt; line-height: 17.12px;">*Saudi Economist</span></p><div><br style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: small;" /></div>Abdullah Alami عبدالله العلميhttp://www.blogger.com/profile/08998972834189803238noreply@blogger.com0tag:blogger.com,1999:blog-157117205548048996.post-30806759898956412662022-06-15T10:26:00.003+03:002022-06-15T10:28:15.059+03:00 How to Deal with Inflation <p><span face="verdana, sans-serif" style="color: #333333; font-size: large; text-align: justify;">Abdullah Al Alami</span></p><p style="border: 0px; box-sizing: border-box; color: #333333; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px 0px 1.25em; padding: 0px; text-align: justify; text-rendering: optimizelegibility; vertical-align: baseline;"><span face="verdana, sans-serif" style="box-sizing: border-box; font-family: arial; font-size: medium; vertical-align: inherit;"><span style="box-sizing: border-box; vertical-align: inherit;">The World Bank raised its forecast for the growth of the Saudi economy for 2023 at 3.8%, compared to 3.3% in previous forecasts, and reserve assets abroad rose to 1.7 trillion riyals. </span><span style="box-sizing: border-box; vertical-align: inherit;">The Saudi gross domestic product also recorded a rise in constant prices on an annual basis by 9.9 percent, during the first quarter of this year.</span></span></p><div class="gmail-jeg_inner_content" style="border: 0px; box-sizing: border-box; color: #131f21; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;"><div class="gmail-content-inner" style="border: 0px; box-sizing: border-box; color: #333333; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: inherit; line-height: 1.625em; margin: 0px; overflow-wrap: break-word; padding: 0px; vertical-align: baseline; word-break: normal;"><p style="border: 0px; box-sizing: border-box; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px 0px 1.25em; padding: 0px; text-align: justify; text-rendering: optimizelegibility; vertical-align: baseline;"><span face="verdana, sans-serif" style="box-sizing: border-box; font-family: arial; font-size: medium; vertical-align: inherit;"><span style="box-sizing: border-box; vertical-align: inherit;">These developments, in addition to Saudi companies raising their capital, are positive indicators. T</span><span style="box-sizing: border-box; vertical-align: inherit;">his trend supports the strategies of the concerned companies, especially in the areas of expansion and growth. </span><span style="box-sizing: border-box; vertical-align: inherit;">Also, investors will feel reassured when maximizing the total return on their savings, especially in the case of increasing and diversifying corporate investments and seizing the expected growth opportunities.</span></span></p><p style="border: 0px; box-sizing: border-box; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px 0px 1.25em; padding: 0px; text-align: justify; text-rendering: optimizelegibility; vertical-align: baseline;"><span face="verdana, sans-serif" style="box-sizing: border-box; font-family: arial; font-size: medium; vertical-align: inherit;"><span style="box-sizing: border-box; vertical-align: inherit;">Saudi Arabia is currently witnessing an acceleration in the growth of the digital economy, and the financial technology sector is also recording remarkable growth. </span><span style="box-sizing: border-box; vertical-align: inherit;">Government agencies have also achieved positive results in financial sustainability, which, we hope, will be directed to priority expenditures.</span></span></p><p style="border: 0px; box-sizing: border-box; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px 0px 1.25em; padding: 0px; text-align: justify; text-rendering: optimizelegibility; vertical-align: baseline;"><span style="font-family: arial; font-size: medium;"><span face="verdana, sans-serif" style="box-sizing: border-box; vertical-align: inherit;"><span style="box-sizing: border-box; vertical-align: inherit;">However, not everything is positive; g</span><span style="box-sizing: border-box; vertical-align: inherit;">lobal markets suffered at the end of last week from a sharp decline, which was also reflected in the Gulf markets. </span><span style="box-sizing: border-box; vertical-align: inherit;">We are not isolated from the rest of the world, and it is normal for our markets in the Gulf to feel the pressure as well. </span></span><span face="verdana, sans-serif" style="color: #222222; font-style: inherit; font-variant-caps: inherit; font-variant-ligatures: inherit;">The Saudi stock market fell 2.2%, the lowest closing in 4 months</span><span face="verdana, sans-serif" style="color: #222222; font-style: inherit; font-variant-caps: inherit; font-variant-ligatures: inherit;">, down by 2.18%, or 268.9 points, to the level of 12,053 points.</span></span></p><p style="border: 0px; box-sizing: border-box; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px 0px 1.25em; padding: 0px; text-align: justify; text-rendering: optimizelegibility; vertical-align: baseline;"><span face="verdana, sans-serif" style="box-sizing: border-box; font-family: arial; font-size: medium; vertical-align: inherit;"><span style="box-sizing: border-box; vertical-align: inherit;">Also, higher oil prices may increase economic pressures and thus raise inflation. </span><span style="box-sizing: border-box; vertical-align: inherit;">This means high prices for food and imported goods, which is what preoccupies the world's economists today.</span></span></p><p style="border: 0px; box-sizing: border-box; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px 0px 1.25em; padding: 0px; text-align: justify; text-rendering: optimizelegibility; vertical-align: baseline;"><span face="verdana, sans-serif" style="box-sizing: border-box; font-family: arial; font-size: medium; vertical-align: inherit;"><span style="box-sizing: border-box; vertical-align: inherit;">How did the world deal with high inflation? </span><span style="box-sizing: border-box; vertical-align: inherit;">The US Federal Reserve and the Bank of England may raise their rates, while the Swiss Central Bank and the Bank of Japan may stick to their stimulus policies without any significant change.</span></span></p></div></div><div style="color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: small;"><i>*Saudi writer </i></div><div style="color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: small;"><br /></div><div style="color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: small;"><br /></div><div class="gmail_signature" data-smartmail="gmail_signature" dir="ltr" style="color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: small;"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div><div dir="ltr"><i><span style="color: blue;">@AbdullaAlami1</span></i></div></div><div><span style="font-size: 12.8px;"><i><a href="https://www.instagram.com/abdulla.alami/" style="color: #1155cc;" target="_blank"><span style="color: blue;">https://www.instagram.com/abdulla.alami/</span></a></i></span></div></div></div></div></div>Abdullah Alami عبدالله العلميhttp://www.blogger.com/profile/08998972834189803238noreply@blogger.com0tag:blogger.com,1999:blog-157117205548048996.post-63280025594163932942022-05-31T09:03:00.000+03:002022-05-31T09:03:38.092+03:00 Billion Dollars a Day<p><span style="font-family: Arial, sans-serif; font-size: 12pt;">Abdullah Al Alami*</span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0in;"><span style="font-family: "Arial",sans-serif; font-size: 12.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">May 31, 2022<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0in;"><span style="font-family: "Arial",sans-serif; font-size: 12.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;"><o:p> </o:p></span></p>
<p class="MsoNormal" style="line-height: normal; vertical-align: baseline;"><span style="color: #333333; font-family: "Arial",sans-serif; font-size: 12.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">The future prospects for Saudi
Arabia are positive, and the Kingdom continues to diversify its economy to
achieve this goal. <o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: normal; vertical-align: baseline;"><span style="color: #333333; font-family: "Arial",sans-serif; font-size: 12.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">Let me share with you the
official and reliable figures. The value of Saudi oil exports reached $30
billion last March, the highest level in six years, driven by high oil prices
and increased production. In other words, the value of crude exports,
which now stands at around $1 billion a day, has increased by 123%.<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: normal; vertical-align: baseline;"><span style="color: #333333; font-family: "Arial",sans-serif; font-size: 12.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">Although Saudi Arabia is dealing
positively with the increase in energy demand by raising production capacities,
it will also continue to advocate for climate change and environmental safety
issues.<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: normal; vertical-align: baseline;"><span style="color: #333333; font-family: "Arial",sans-serif; font-size: 12.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">The stereotype that Saudi Arabia
is only an oil exporter is unrealistic. Saudi achievements in many other areas
speak for themselves. For example, Riyadh involvement in the Global
Alliance Agreement in health care, contributes to promoting community awareness
in this field. We want to benefit from the world’s experiences in
formulating a prudent healthcare improvement strategy on a global level.<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: normal; vertical-align: baseline;"><span style="color: #333333; font-family: "Arial",sans-serif; font-size: 12.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">The Saudi Minister of Investment,
Khalid Al-Falih, expected the size of the Saudi economy to grow to between 1.7
and 1.8 trillion dollars by 2030, thus achieving the goal of the Kingdom's
vision to be among the 15 largest economies in the world. Foreign direct
investment flows to Saudi Arabia have multiplied by about 4 times in recent
years. At the same time, the Public Investment Fund is investing billions
of dollars in tourism, electric cars, and others, to effectively contribute to
the Comprehensive Development Transformation Plan.<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: normal; vertical-align: baseline;"><span style="color: #333333; font-family: "Arial",sans-serif; font-size: 12.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;">Finally. Rising revenues in
the kingdom helped generate a budget surplus of 57.5 billion riyals ($15
billion) between January and March 2022. Therefore, Saudi Arabia will become
one of the world's largest growing economies this year, according to a report
by the International Monetary Fund.<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; vertical-align: baseline;"><span style="color: #333333; font-family: "Arial",sans-serif; font-size: 12.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: minor-bidi;"><o:p> </o:p></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0in;"><span style="font-family: "Arial",sans-serif; font-size: 12.0pt; mso-ascii-theme-font: minor-bidi; mso-bidi-theme-font: minor-bidi; mso-hansi-theme-font: minor-bidi;">*Saudi
writer <o:p></o:p></span></p>Abdullah Alami عبدالله العلميhttp://www.blogger.com/profile/08998972834189803238noreply@blogger.com0tag:blogger.com,1999:blog-157117205548048996.post-83574645778732704042022-03-06T10:38:00.000+03:002022-03-06T10:38:19.025+03:00 من سرق أموال المواطن اللبناني؟<p dir="rtl" style="text-align: right;"><span style="font-size: large;">عبدالله العلمي</span></p><p dir="rtl" style="text-align: right;"><span style="font-size: medium;">6 مارس 2022</span></p><p dir="rtl" style="text-align: right;"><span style="font-size: large;">تبرع السعودية بـ 36 مليون دولار للبنان جاء محدد التضاريس وفق الاتفاق السعودي الفرنسي لمساعدة لبنان. هذه الإعانة تساهم بتحقيق عدة أهداف نبيلة، تشمل تقديم مساعدة لمراكز الرعاية الصحية الطارئة للشعب اللبناني في مواجهة كورونا، وتمويل المساعدة الغذائية "في كل أنحاء لبنان".</span></p><p dir="rtl" style="text-align: right;"><span style="font-size: large;">التبرعات السعودية للبنان مبادرة ممتازة، بشرط أن لا تمر المساعدات عبر حزب الله أو الصهر المدلل؛ نريدها أن تصل مباشرة للشعب اللبناني الشقيق. لا أحد – غير حزب الله وإيران – يتمنى أن يتم "تصريف" الأموال في لبنان في ساحات الصراعات وشراء الصواريخ وتجهيز مؤامرات الحروب والقتال.</span></p><p dir="rtl" style="text-align: right;"><span style="font-size: large;">مازال العالم ينظر ببعض الشك لكيفية صرف الأموال في لبنان، سواءاً الهبات من الدول الصديقة أو أسلوب التعامل الجاد مع الفاسدين الذين يسرقون لقمة العيش من أفواه الشعب اللبناني. أقصد تحديداً حزب الله اللبناني المسنود عسكرياً وعقائدياً من طهران. لن يقوم لبنان من "جورة" الفساد المالي والتدهور الإقتصادي طالما يسيطر حزب الله على موارد الدولة. للأسف نجح حزب حسن بتحقيق أهدافه؛ مؤسسات معطلة، شباب مهاجر، أموال منهوبة، حسابات بنكية "مُغلَقَة"، ودولة عاجزة. </span></p><p dir="rtl" style="text-align: right;"><span style="font-size: large;">نأمل أن نشهد قريباً بداية انحسار التأثير الإيراني على الوضع في لبنان، وخاصة بعد فرض مجلس الأمن الدولي الأسبوع الماضي، حظر السلاح على ميليشيات الحوثي المتحالفة مع إيران. هذه الميليشيا تبنت الهجمات الإرهابية بطائرات مسيرة وصواريخ على الإمارات والسعودية، ولم يكن لها أن تنمو بدون الدعم الذي تتلقاه من حزب الله وإيران.</span></p><p dir="rtl" style="text-align: right;"><span style="font-size: large;">للأسف حزب الله، مدعوماً بالسلاح الإيراني، يشكل "تسونامي" لقمع الأهداف النبيلة التي يطمح إليها المواطن اللبناني. من مصلحة الحزب أن لا يتم التحقيق أو إعلان الحقيقة في تفجير مرفأ بيروت، بل أن تستمر حالة الإنقسام في لبنان. لهذا، يتردد صندوق النقد الدولي بتقديم أي مساعدة للبنان بدون البدء بعملية الإصلاح الشاملة. إلا أن القادم أسوء، وخاصة مع أزمة ارتفاع أسعار المحروقات والمحاذير من عدم القدرة على استيراد الكميات المحتاجة من القمح الأوكراني وجنون الدولار.</span></p>Abdullah Alami عبدالله العلميhttp://www.blogger.com/profile/08998972834189803238noreply@blogger.com0tag:blogger.com,1999:blog-157117205548048996.post-47417378788155157832022-01-03T09:37:00.002+03:002022-01-03T09:50:03.921+03:00 Where is Saudi Economy Heading?<p><span face="Calibri, sans-serif" style="background-color: white; color: #222222; font-size: 11pt;">Abdullah Al Alami*</span></p><p class="MsoNormal" style="background-color: white; color: #222222; font-family: Calibri, sans-serif; font-size: 11pt; line-height: normal; margin: 0in;">3 January 2022<span dir="RTL" face="Arial, sans-serif" lang="AR-SA"></span></p><p class="MsoNormal" style="background-color: white; color: #222222; font-family: Calibri, sans-serif; font-size: 11pt; line-height: normal; margin: 0in;"><span dir="RTL" face="Arial, sans-serif" lang="AR-SA"> </span></p><p class="MsoNormal" style="background-color: white; color: #222222; line-height: 15.6933px; margin: 0in 0in 8pt;"><span style="font-family: courier; font-size: medium;">In spite of a big jump in cases of the Omicron coronavirus variant, the Saudi economy began 2022 on a positive note but is expected to remain more cautious over related developments.</span></p><p class="MsoNormal" style="background-color: white; color: #222222; line-height: 15.6933px; margin: 0in 0in 8pt;"><span style="font-family: courier; font-size: medium;">As 2021 was a crunch year for the world, the Saudi sovereign wealth body, the Public Investment Fund, announced a five-year strategy to push the Kingdom’s diversification drive.</span></p><p class="MsoNormal" style="background-color: white; color: #222222; line-height: 15.6933px; margin: 0in 0in 8pt;"><span style="font-family: courier; font-size: medium;">Non-oil PMI for Saudi Arabia declined in November 2021, with new orders gradually slowing down. Consumer spending was up 5.6 percent, but cash withdrawals were down by 11 percent.</span></p><p class="MsoNormal" style="background-color: white; color: #222222; line-height: 15.6933px; margin: 0in 0in 8pt;"><span style="font-family: courier; font-size: medium;">Government tourism megaprojects will probably continue to grow. This includes the Soudah Development Co. in the Asir region, with an investment of SR11 billion, and The Rig — a 150,000 square meter offshore oil-themed tourism destination.</span></p><p class="MsoNormal" style="background-color: white; color: #222222; line-height: 15.6933px; margin: 0in 0in 8pt;"><span style="font-family: courier; font-size: medium;">The other major projects include the SR75 billion investment in the Central Jeddah Development, featuring thousands of hotel rooms and residential units, surrounded by tourism projects over 5.7 million square meters. This project aims to add SR47 billion to the Kingdom’s economy by 2030.</span></p><p class="MsoNormal" style="background-color: white; color: #222222; line-height: 15.6933px; margin: 0in 0in 8pt;"><span style="font-family: courier; font-size: medium;">SAMA Foreign Reserve Assets rose by $13.6 billion, mainly from a rise in bank deposits, to stand at $464 billion. Money supply rose by 6.3 percent, and total deposits rose by 7 percent.</span></p><p class="MsoNormal" style="background-color: white; color: #222222; line-height: 15.6933px; margin: 0in 0in 8pt;"><span style="font-family: courier; font-size: medium;">Inflation rose by 1.1 percent, with ‘food and beverages’ up by 1.6 percent. The unemployment rate for citizens remained unchanged at 11.3 percent, while there was an increase in female participation in the workforce. Several non-oil sectors were identified as priority sectors, such as housing, healthcare, and financial services.</span></p><p class="MsoNormal" style="background-color: white; color: #222222; line-height: 15.6933px; margin: 0in 0in 8pt;"><span style="font-family: courier; font-size: medium;">Saudi Stock Market (TASI) finished the year on a positive note, rising 5 percent in December, with little or no concern over the global spread of Omicron. As such, TASI recorded its best performance in a decade, with an annual rise of 30 percent in full-year 2021.</span></p><p class="MsoNormal" style="background-color: white; color: #222222; font-family: Calibri, sans-serif; font-size: 11pt; line-height: 15.6933px; margin: 0in 0in 8pt;">*Saudi economist</p>Abdullah Alami عبدالله العلميhttp://www.blogger.com/profile/08998972834189803238noreply@blogger.com0tag:blogger.com,1999:blog-157117205548048996.post-10637586947427149082021-11-17T19:26:00.001+03:002021-11-17T19:26:55.120+03:00 Un Écrivain Saoudien<p><span style="font-family: verdana; font-size: x-large;">Abdullah Al Alami*</span></p><p><span style="font-family: verdana; font-size: large;">La réunion du vice-gouverneur de la Banque centrale saoudienne, Ayman Al-Siyari, et de la sénatrice française, la représentante Nathalie Collet, au siège de la banque à Riyad au début de ce mois n'était pas un événement passager. </span></p><p><span style="font-family: verdana; font-size: large;">La réunion a porté sur deux points importants: Les efforts déployés par la Banque centrale saoudienne pour réguler le secteur des technologies financières modernes et le rôle de premier plan du Royaume dans la région dans la lutte contre le blanchiment d'argent et le financement du terrorisme.</span></p><p><span style="font-family: verdana; font-size: large;">L'Arabie saoudite investit dans l'expertise française dans plusieurs joint-ventures, dont Saudi Aramco et Total Enrique. Ce ne sont pas des contrats ordinaires; Il s'agit ici de créer les plus grandes plateformes de raffinage et de pétrochimie au monde. </span></p><p><span style="font-family: verdana; font-size: large;">Cela confirme également la mobilité économique et la voie d'une importante coopération commerciale entre les deux pays. </span></p><p><span style="font-family: verdana; font-size: large;">Le partenariat saoudo-français est clair dans le développement de la région d'Al-Ula. Je veux dire plus précisément plus de 78 projets pour des entreprises techniques françaises à Al-Ula entre 2019 et 2020. </span></p><p><span style="font-family: verdana; font-size: large;">Il existe également une coopération entre les deux pays pour la réalisation des projets du métro de Riyad et de Diriyah et dans les secteurs de la construction, des transports, de l'aviation, de l'eau et des énergies renouvelables. </span></p><p><span style="font-family: verdana; font-size: large;">C'est une bonne occasion de présenter à la France et au monde les efforts du Royaume pour effectuer des paiements financiers, et empêcher l'exploitation de ces paiements en commettant des délits financiers pour protéger le système financier mondial, et promouvoir les transactions financières en toute transparence. Riyad et Paris coopèrent dans plusieurs autres domaines importants. </span></p><p><span style="font-family: verdana; font-size: large;">Le commerce entre la France et l'Arabie saoudite a augmenté d'environ 14% au premier semestre 2021, soit environ 12,2 milliards de riyals. Ceci est une preuve claire de la reprise économique et de la solidité continue des relations commerciales bilatérales entre les deux pays. </span></p><p><span style="font-family: verdana; font-size: large;">Il est nécessaire de mentionner ici le développement de l'amitié parlementaire entre le Conseil saoudien de la Choura et le Sénat français, peut-être en accomplissement du proverbe français <i><span style="color: #999999;">« Avec du temps et de la patience, nous accomplissons tout »</span></i>.</span></p><p><span style="font-family: verdana; font-size: large;"><br /></span></p><p><span style="font-family: verdana; font-size: medium;"><i>* Écrivain Saoudien</i></span></p>Abdullah Alami عبدالله العلميhttp://www.blogger.com/profile/08998972834189803238noreply@blogger.com0tag:blogger.com,1999:blog-157117205548048996.post-13639986751143139782021-08-04T07:02:00.000+03:002021-08-04T07:02:00.626+03:00 Positive Signs in Saudi Arabia<p>Abdullah Al
Alami</p><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in;"><o:p></o:p></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0in;">August 4, 2021<o:p></o:p></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0in;">Saudi Central
Bank “SAMA” reported that banks’ operating in Saudi Arabia showed an increase in
profit by more than 71 percent, or about SR10.43 billion, during the first half
of this year 2021. This is what I call positive news.</p><p class="MsoNormal" style="line-height: normal; margin-bottom: 6.0pt;"><o:p></o:p></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 6.0pt;">These figures
represent total profits before zakat and taxes for ten national banks and all
14 foreign branches licensed to operate in Saudi Arabia. This growth is
due to two factors; increase in total income and decrease in operating
expenses compared to the same period last year.<o:p></o:p></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 6.0pt;">In addition,
interest rates offered by Saudi banks recorded the lowest semi-annual percentage
in seven years. “SAMA” contributed by pumping SR50 billion in June 2020 which
helped boost liquidity. All these factors combined enabled the banking
institutions to provide better credit facilities to the private sector.<o:p></o:p></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 6.0pt;">Economic
recovery not only brought relief and peace to the banks but also the
financial sector has begun to recover. This is visible in four areas; finance,
insurance, real estate, and services. Banking institutions played an
important role in supporting the private sector through restructuring finances,
maintaining employment levels, and exempting a number of fees for electronic
banking services.<o:p></o:p></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 6.0pt;">The recent package
introduced by “SAMA” supported efforts to confront Coronavirus pandemic in
various sectors. The prestigious Forbes magazine predicted that the
Kingdom would maintain its lead position among the largest Arab economies in
2021.<o:p></o:p></p>Abdullah Alami عبدالله العلميhttp://www.blogger.com/profile/08998972834189803238noreply@blogger.com0tag:blogger.com,1999:blog-157117205548048996.post-21650603712625017772021-07-01T16:07:00.002+03:002021-07-01T16:12:02.348+03:00Foreigners Can Now Invest in Saudi Arabia<p><span style="color: #333333; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12pt;">Abdullah Al Alami*</span></p><div id="m_-1262439626650623015gmail-m_2893593816033641462gmail-post-body-516540948307068174" style="line-height: 1.4; width: 586px;"><p class="MsoNormal" style="background-clip: initial; background-color: white; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #444444; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 13px; line-height: normal; margin: 0px 0px 0in; vertical-align: baseline;"><span face=""Helvetica",sans-serif" style="color: #333333; font-size: 12pt;">June 30, 2021</span></p><p class="MsoNormal" style="background-clip: initial; background-color: white; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #444444; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 13px; line-height: normal; margin: 0px 0px 0in; vertical-align: baseline;"><span face=""Helvetica",sans-serif" style="color: #333333; font-size: 12pt;"> </span></p><p class="MsoNormal" style="background-clip: initial; background-color: white; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: small; line-height: normal; margin: 0px 0px 15pt; vertical-align: baseline;"><span face=""Helvetica",sans-serif" style="color: #333333;"><span style="font-family: arial, sans-serif; font-size: medium;">The global economy welcomed Saudi Arabia's initiative for foreigners to own 100% of in Kingdome companies' shares. Investment licenses are issued in line with Saudi Vision 2030 to diversify the economy and strengthen the private sector. Perhaps the next step is to attract expertise and support new investment initiatives in the country.</span></span></p><p style="background-clip: initial; background-color: white; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: small; margin: 0in 0in 15pt; vertical-align: baseline;"><span face=""Helvetica",sans-serif" style="color: #333333;"><span style="font-family: arial, sans-serif; font-size: medium;">The Saudi economy has maintained its strength and has proven confidence and resilience. Foreign investors no longer need to partner with a Saudi national to invest or establish a company in Saudi Arabia. The United Nations Conference on Trade praised the increase in foreign investments in the Kingdom during 2020.</span></span></p><p style="background-clip: initial; background-color: white; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; box-sizing: border-box; color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: small; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0in 0in 15pt; vertical-align: baseline;"><span face=""Helvetica",sans-serif" style="color: #333333;"><span style="font-family: arial, sans-serif; font-size: medium;">Riyadh established an Integrated Logistics Zone to attract foreign investors and establish multinational companies. Global economic reports attest to the Kingdom's success in encouraging multinational investments.</span></span></p><p style="background-clip: initial; background-color: white; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; box-sizing: border-box; color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: small; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0in 0in 15pt; vertical-align: baseline;"><span face=""Helvetica",sans-serif" style="color: #333333;"><span style="font-family: arial, sans-serif; font-size: medium;">Foreign investment licenses in Saudi Arabia are limited to certain sectors, but guarantee the protection of foreign employees as well their transfer to other jobs. In addition, the Saudi chambers of commerce welcome foreign investors to become board members.</span></span></p><p style="background-clip: initial; background-color: white; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; box-sizing: border-box; color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: small; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0in 0in 15pt; vertical-align: baseline;"><span face=""Helvetica",sans-serif" style="color: #333333;"><span style="font-family: arial, sans-serif; font-size: medium;">Saudi Arabia recorded a rise in the number of licenses granted to foreign investors in the fourth quarter of 2020 where investment flow grew by more than 20% during 2020. This encourages foreign investors to recycle their savings and establish new projects, which enhance the value of their financial holdings.</span></span></p><div><span face=""Helvetica",sans-serif" style="color: #333333;"><span style="font-family: arial, sans-serif; font-size: medium;">*Saudi writer </span></span></div></div>Abdullah Alami عبدالله العلميhttp://www.blogger.com/profile/08998972834189803238noreply@blogger.com0tag:blogger.com,1999:blog-157117205548048996.post-55188305687918007452021-06-01T14:15:00.078+03:002021-06-02T05:03:35.400+03:00 Positive Signs<div class="I_52qC D_FY W_6D6F" data-test-id="message-view-body" style="background-color: white; display: table; width: 807.273px;"><div class="msg-body P_wpofO mq_AS" data-test-id="message-view-body-content" style="line-height: normal; overflow-wrap: break-word; padding: 2px 0px 0px; position: relative; word-break: break-word;"><div class="jb_0 X_6MGW N_6Fd5" style="padding-bottom: 0px; padding-left: 24px; padding-right: 16px;"><div id="yiv6347117757"><div dir="ltr"><div class="yiv6347117757gmail_signature" dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div><div dir="ltr"><p style="color: #1d2228; font-family: "New serif"; font-size: 12pt; margin: 0in;"><span face="Helvetica, sans-serif" style="color: #333333; font-size: 11pt;">Abdullah Al Alami<span dir="RTL"></span><span dir="RTL"></span><span dir="RTL" lang="AR-SA"><span dir="RTL"></span><span dir="RTL"></span>*</span></span></p><p style="color: #1d2228; font-family: "New serif"; font-size: 12pt; margin: 0in;"><span face="Helvetica, sans-serif" style="color: #333333; font-size: 11pt;">June 1, 2021</span></p><p style="background-image: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #1d2228; font-family: "New serif"; font-size: 12pt; margin: 0in; vertical-align: baseline;"><span dir="RTL" face="Helvetica, sans-serif" lang="AR-SA" style="color: #333333; font-size: 11pt;"> </span></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin: 0in; vertical-align: baseline;"><span face="Helvetica Neue, Helvetica, Arial, sans-serif" style="color: #333333;"><span style="font-size: 14.6667px;">Positive Signs</span></span></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin: 0in; vertical-align: baseline;"><span face="Helvetica Neue, Helvetica, Arial, sans-serif" style="color: #333333;"><span style="font-size: 14.6667px;"><br /></span></span></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin: 0in; vertical-align: baseline;"><span style="color: #333333; font-size: 14.6667px;"><b>As we approach the middle of 2021, the Saudi economy shows some </b></span></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin: 0in; vertical-align: baseline;"><span style="color: #333333; font-size: 14.6667px;"><b>positive </b></span><b style="color: #333333; font-size: 14.6667px;">signs.</b></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin: 0in; vertical-align: baseline;"><b style="color: #333333; font-size: 14.6667px;"><br /></b></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin: 0in; vertical-align: baseline;"><span face="Helvetica Neue, Helvetica, Arial, sans-serif" style="color: #333333;"><span style="font-size: 14.6667px;">The Saudi stock market rose above 10500 points last Sunday. </span></span><span style="color: #333333; font-size: 14.6667px;">The index has </span></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin: 0in; vertical-align: baseline;"><span style="color: #333333; font-size: 14.6667px;">increased by 21% since the beginning of the year. </span><span style="color: #333333; font-size: 14.6667px;">Saudi oil and non-oil </span></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin: 0in; vertical-align: baseline;"><span style="color: #333333; font-size: 14.6667px;">exports were also positive and recorded an </span><span face="Helvetica Neue, Helvetica, Arial, sans-serif" style="color: #333333;"><span style="font-size: 14.6667px;">increase </span></span><span face="Helvetica Neue, Helvetica, Arial, sans-serif" style="color: #333333;"><span style="font-size: 14.6667px;">over </span></span><span style="color: #333333; font-size: 14.6667px;">the</span></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin: 0in; vertical-align: baseline;"><span style="color: #333333; font-size: 14.6667px;">same period in 2020. </span><span face="Helvetica Neue, Helvetica, Arial, sans-serif" style="color: #333333;"><span style="font-size: 14.6667px;">Saudi exports in March 2021 to China </span></span></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin: 0in; vertical-align: baseline;"><span style="color: #333333; font-size: 14.6667px;">amounted to 14.3 billion riyals, </span><span style="color: #333333; font-size: 14.6667px;">making China the main </span></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin: 0in; vertical-align: baseline;"><span style="color: #333333; font-size: 14.6667px;">destination for </span><span style="color: #333333; font-size: 14.6667px;">exports.</span></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin: 0in; vertical-align: baseline;"><span style="color: #333333; font-size: 14.6667px;"><br /></span></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin: 0in; vertical-align: baseline;"><span face="Helvetica Neue, Helvetica, Arial, sans-serif" style="color: #333333;"><span style="font-size: 14.6667px;">The development of commercial legislation is proceeding in full </span></span></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin: 0in; vertical-align: baseline;"><span face="Helvetica Neue, Helvetica, Arial, sans-serif" style="color: #333333;"><span style="font-size: 14.6667px;">swing, </span></span><span face="Helvetica Neue, Helvetica, Arial, sans-serif" style="color: #333333;"><span style="font-size: 14.6667px;">creating </span></span><span style="color: #333333; font-size: 14.6667px;">more opportunities. </span></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin: 0in; vertical-align: baseline;"><span style="color: #333333; font-size: 14.6667px;"><br /></span></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin: 0in; vertical-align: baseline;"><span face="Helvetica Neue, Helvetica, Arial, sans-serif" style="color: #333333;"><span style="font-size: 14.6667px;">We have initiatives to develop various sectors, in line with the efforts </span></span></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin: 0in; vertical-align: baseline;"><span face="Helvetica Neue, Helvetica, Arial, sans-serif" style="color: #333333;"><span style="font-size: 14.6667px;">of the </span></span><span style="color: #333333; font-size: 14.6667px;">National Competitiveness Center.</span></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin: 0in; vertical-align: baseline;"><span style="color: #333333; font-size: 14.6667px;"><br /></span></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin: 0in; vertical-align: baseline;"><span face="Helvetica Neue, Helvetica, Arial, sans-serif" style="color: #333333;"><span style="font-size: 14.6667px;">Other positive aspects include introducing companies affiliated with </span></span></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin: 0in; vertical-align: baseline;"><span face="Helvetica Neue, Helvetica, Arial, sans-serif" style="color: #333333;"><span style="font-size: 14.6667px;">the </span></span><span style="color: #333333; font-size: 14.6667px;">Public Investment Fund to the market, plans to sell a 1% stake </span></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin: 0in; vertical-align: baseline;"><span style="color: #333333; font-size: 14.6667px;">in Aramco, </span><span style="color: #333333; font-size: 14.6667px;">reduce spending, and redirect expenditures. </span></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin: 0in; vertical-align: baseline;"><span style="color: #333333; font-size: 14.6667px;"><br /></span></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin: 0in; vertical-align: baseline;"><span style="color: #333333; font-size: 14.6667px;">Furthermore, the contribution </span><span style="color: #333333; font-size: 14.6667px;">of small and medium enterprises to </span></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin: 0in; vertical-align: baseline;"><span style="color: #333333; font-size: 14.6667px;">the Saudi economy increased by 45%.</span></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin: 0in; vertical-align: baseline;"><span style="color: #333333; font-size: 14.6667px;"><br /></span></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin: 0in; vertical-align: baseline;"><span face="Helvetica Neue, Helvetica, Arial, sans-serif" style="color: #333333;"><span style="font-size: 14.6667px;">However, there is also a decline in citizen's spending and delay of mega </span></span></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin: 0in; vertical-align: baseline;"><span face="Helvetica Neue, Helvetica, Arial, sans-serif" style="color: #333333;"><span style="font-size: 14.6667px;">projects </span></span><span style="color: #333333; font-size: 14.6667px;">due to the slowdown in the worldwide economy. </span></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin: 0in; vertical-align: baseline;"><span style="color: #333333; font-size: 14.6667px;"><br /></span></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin: 0in; vertical-align: baseline;"><span face="Helvetica Neue, Helvetica, Arial, sans-serif" style="color: #333333;"><span style="font-size: 14.6667px;">Nevertheless, economic and social reforms initiated by Saudi Arabia </span></span></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin: 0in; vertical-align: baseline;"><span face="Helvetica Neue, Helvetica, Arial, sans-serif" style="color: #333333;"><span style="font-size: 14.6667px;">are still </span></span><span style="color: #333333; font-size: 14.6667px;">on top of the list in the Saudi Vision programs.</span></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin: 0in; vertical-align: baseline;"><span face="Helvetica Neue, Helvetica, Arial, sans-serif" style="color: #333333;"><span style="font-size: 14.6667px;"><br /></span></span></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin: 0in; vertical-align: baseline;"><span style="color: #333333; font-family: "New serif"; font-size: 11pt;">*Saudi writer </span></p></div><div dir="ltr" style="color: #1d2228; font-family: "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 13px;"><br /></div><div dir="ltr" style="color: #1d2228; font-family: "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 13px;"><i><span style="color: blue;"><u>@AbdullaAlami1</u></span></i></div></div><div style="color: #1d2228; font-family: "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 13px;"><span style="font-size: 12.8px;"><i><a href="https://www.instagram.com/abdulla.alami/" rel="nofollow noopener noreferrer" style="color: #196ad4;" target="_blank"><span style="color: blue;">https://www.instagram.com/abdulla.alami/</span></a></i></span><br /></div></div></div></div></div></div></div></div></div><div class="jb_0 X_6MGW N_6Fd5" style="color: #1d2228; font-family: YahooSans, "Helvetica Neue", "Segoe UI", Helvetica, Arial, "Lucida Grande", sans-serif; font-size: 13px; padding-bottom: 0px; padding-left: 24px; padding-right: 16px;"></div></div><div class="H_7jIs D_F ab_C Q_69H5 E_36RhU" data-test-id="toolbar-hover-area" style="-webkit-box-align: center; align-items: center; background-color: white; color: #1d2228; display: flex; font-family: YahooSans, "Helvetica Neue", "Segoe UI", Helvetica, Arial, "Lucida Grande", sans-serif; font-size: 13px; height: 64px; margin-left: -8px; margin-right: -20px;"><div class="D_F W_6D6F r_BN gl_C" data-test-id="card-toolbar" style="-webkit-box-pack: center; cursor: default; display: flex; justify-content: center; width: 835.455px;"></div></div>Abdullah Alami عبدالله العلميhttp://www.blogger.com/profile/08998972834189803238noreply@blogger.com0