Politics
The Makkah Chamber of Commerce celebrates its 75th anniversary and begins its centennial with a package of high-quality projects
Under the patronage of the Advisor to the Custodian of the Two Holy Mosques, the Governor of Makkah Region, Prince Khalid Al-Faisal, the Makkah Chamber of Commerce celebrates
Under the patronage of the Advisor to the Custodian of the Two Holy Mosques, the Governor of Makkah Region, Prince Khalid Al-Faisal, the Makkah Chamber of Commerce will celebrate on Thursday, February 24, 2022, the 75th anniversary of its establishment and the anniversary of the first meeting of its Board of Directors in 1368 AH, corresponding to 1948.
The historic celebration of the Makkah Chamber coincides with the inauguration of the Makkah Chamber Exhibition and Events Center, which can accommodate about 30,000 visitors and is located on an area of 10,000 meters, in the Al-Zaidi neighborhood on Prince Mohammed bin Salman Road.
The inauguration of the center will be accompanied by a number of exhibitions, events and forums that will last for 4 days, starting after the inauguration of the Makkah Exhibition and Events Center building on the 23rd of this month, with the accompanying events starting on February 24, 2022 and ending on February 27.
For his part, the Chairman of the Board of Directors of the Makkah Chamber of Commerce, Hisham bin Mohammed Kaaki, expressed the business sector's gratitude for this generous patronage, saying: "We are very pleased with the patronage of the Advisor to the Custodian of the Two Holy Mosques, the Governor of Makkah Region, Prince Khalid Al-Faisal, for the Chamber's 75th anniversary celebration. We are also grateful for all the support provided by the Makkah Region Governorate to the Chamber on various occasions and projects. This demonstrates his interest in and support for everything that enhances the performance of the private sector and its participation in the Kingdom's economic development, in line with Vision 2030." Hisham Kaaki emphasized that this event will be a landmark in the history of the Makkah Chamber of Commerce: "Seventy-five years is a long time during which the Makkah Chamber of Commerce has made significant efforts to serve the business world and the community. It has been able to keep pace with the major economic and developmental advancements in our beloved country. Therefore, this celebration reflects the spirit of this venerable institution, presenting successful models that have evolved over the years, and new projects that have emerged to shape a new future. We celebrate all those who have contributed so much to this edifice, which we honor today with the laurels of its 75th anniversary." The Makkah Chamber of Commerce and Industry's Exhibition and Events Center is the Chamber's flagship project for its 20th session. It is the first of its kind in the Holy City and the largest in the Makkah region. Its primary objectives are to serve the Makkah economy, align with the Kingdom's strategic directions, boost investment, and enhance Makkah's role as a business hub and a fertile ground for opening new markets. The center also provides spaces for hosting exhibitions and events with high economic viability. The exhibition hall features a panorama of events launched by the Chamber in previous years that have garnered positive feedback from the community. These events will return in exceptional editions, aiming to introduce them to guests, attendees, and the wider community, and highlight their support for the business world across all sectors and their target audiences. The "Event Makers Exhibition" will also be launched, joining the Makkah Chamber of Commerce and Industry's portfolio of exhibitions. This exhibition will bring together a number of companies and institutions specializing in event and conference organization and management. Its purpose is to showcase their services and the latest technologies in the exhibition industry, facilitating deals and the establishment of business relationships between event organizers and those interested in this sector. The “Real Estate Makers Exhibition” will also be held for the first time through the Makkah Chamber of Commerce and Industry’s Exhibition and Events Center, to highlight the most important development projects and development initiatives for the city of Makkah, the available real estate and investment opportunities, and to learn about the efforts of the supporting and participating entities in development, and the extent to which they keep pace with the Kingdom’s Vision 2030.
On the second day of the exhibition, the "Real Estate Developers Conference" will be held, targeting the same audience. A number of speakers specializing in real estate and investment will present enriching open meetings and discussions with visitors. The "Makkiyat Exhibition," which was launched in 2015, will return for its fourth edition, this time targeting artisans and productive families, providing opportunities to showcase their work and projects. This will contribute to improving their products, increasing their chances of entering the freelance market, enhancing their financial resources, strengthening the local economy, and encouraging the community to establish small businesses.
Among the successful exhibitions that will meet their enthusiasts is the "Manafe'a" exhibition, which launched its first edition in 2016. Its concept is based on creating a platform to showcase investment opportunities and projects in the Islamic world through commercial attachés or relevant authorities, via the Makkah Chamber of Commerce. It seeks to develop and enhance the concept of trade exchange between Islamic countries and strengthen commercial ties between them through commercial attachés. The Manafe'a exhibition is considered one of the exhibitions that transcends the local level and targets a wide audience from Islamic peoples and countries. The "Shaghaf" forum will also return to meet its enthusiasts, targeting artisans and hobbyists who have honed their skills and transformed them into pioneering projects and successful models. "Shaghaf," whose activities will continue on February 24 and 25, 2022, aims to... To support young talents and encourage their owners to invest in them and create more entrepreneurial commercial magazines in line with the Kingdom’s Vision 2030. “Shaghaf” will have a number of specialized dialogue sessions, such as the Financial Awareness and Investment in Passion session, the Future of Information Technology Fields session, and other sessions in which experts and specialists in various related fields will speak.
At the end of the days, the Makkah Chamber of Commerce will honor the heads of the sectoral committees for their efforts that have resulted in various projects and initiatives of the Chamber, and for their recommendations that have contributed to the advancement of the various sectors, and for presenting the challenges that the private sector is going through to officials and competent authorities with the aim of achieving optimal integration between the public and private sectors.
We will be treated to an exceptional edition of the "Success Story" series of meetings. Launched in 2015 and continuing for seven years, this series hosts inspiring role models who motivate young men and women to start and persevere, revealing new facets of their lives and allowing them to witness untold stories. This edition will feature four chairmen of the Makkah Chamber of Commerce and Industry, representing four consecutive terms: Hisham Kaaki (20th term), Maher Jamal (19th term), Talal Mirza (18th term), and Adel Kaaki (17th term). "Success Story" is a series of meetings that the Chamber regularly organizes, hosting leading figures to share their success stories.
The Chamber will also honor its retired employees who dedicated many years to serving Makkah and its people, setting an example of loyalty and dedication. Acting Secretary General, Engineer Ismat bin Abdulkarim Maatouq, said: “The work and projects at the Makkah Chamber are a continuous process, and challenges are constantly emerging. However, we always find capable individuals who face these challenges with wisdom and overcome them successfully. The Makkah Chamber is always keen to thank and encourage all sincere efforts and dedicated individuals.”.
Ma’touq added, “I expect positive reactions to the ceremony and all the accompanying exhibitions and events, as they essentially reflect successive successes, thanks to God. We chose to gather, activate, and present them to the community in new forms that align with our ambitious goals, God willing. This began with the inauguration of the Makkah Chamber of Commerce and Industry’s Exhibition and Events Center. These five days will culminate the Makkah Chamber of Commerce and Industry’s many years of continuous work to develop business and the community. They will also feature new projects that will intensify the exploitation of the opportunities that abound in the city of Makkah and work to overcome the challenges facing the business sector. This is in harmonious response to the calls of the National Transformation Program and the Kingdom’s Vision 2030, marking the beginning of its first steps towards the centennial.”.
Politics
German Chancellor Friedrich Merz departs Riyadh after an official visit
German Chancellor Friedrich Merz departs Riyadh after an official visit to the Kingdom. He was seen off by the Deputy Governor of Riyadh and the Minister of Finance, in a move to strengthen Saudi-German relations.
The Federal Chancellor of the Federal Republic of Germany, Friedrich Merz, and his accompanying high-level delegation left the Saudi capital, Riyadh, today (Thursday), after concluding an official visit to the Kingdom of Saudi Arabia, during which he held important talks aimed at strengthening the bonds of joint cooperation between the two friendly countries.
Official farewell ceremony at King Khalid International Airport
A formal farewell ceremony was held for the German Chancellor at King Khalid International Airport in Riyadh. Among those bidding him farewell were His Royal Highness Prince Mohammed bin Abdulrahman bin Abdulaziz, Deputy Governor of Riyadh Region, and His Highness Prince Faisal bin Abdulaziz bin Ayyaf, Mayor of Riyadh. Also present were the Minister of Finance, Mr. Mohammed bin Abdullah Al-Jadaan (the accompanying minister), the Ambassador of the Custodian of the Two Holy Mosques to Germany, Mr. Fahd Al-Hathal, the Ambassador of the Federal Republic of Germany to the Kingdom, Mr. Michael Kindsgrapp, the Acting Director of Riyadh Region Police, Major General Mansour bin Nasser Al-Otaibi, and the Deputy Chief of Royal Protocol, Mr. Fahd Al-Sahil.
Dimensions of the visit and the depth of Saudi-German relations
Chancellor Friedrich Merz's visit to Riyadh comes at a crucial time, reflecting the depth of the historical and strategic relations between the Kingdom of Saudi Arabia and the Federal Republic of Germany. These relations, spanning decades, have been characterized by mutual respect and constructive cooperation across various fields. Such reciprocal visits between the two countries' leaders are a cornerstone for coordinating positions on global and regional issues, particularly in light of the geopolitical challenges facing the world, thus underscoring the role of Riyadh and Berlin as influential capitals in international decision-making.
Economic partnership and the prospects of Vision 2030
This visit holds significant economic importance, as Germany is a major trading partner for the Kingdom and one of the leading economies in the European Union. In light of the Kingdom's Vision 2030, both sides seek to deepen cooperation in vital sectors such as renewable energy, green hydrogen, technology, and industry. The presence of Finance Minister Mohammed Al-Jadaan as the accompanying minister reflects the economic weight of the discussions, as German companies look to contribute more to the Kingdom's mega-projects, thus enhancing opportunities for mutual investment and supporting economic diversification plans.
Coordinating efforts to promote regional stability
Politically, Saudi Arabia is a cornerstone of security and stability in the Middle East. Germany highly values the Saudi role in addressing regional crises, combating terrorism, and ensuring the security of global energy supplies. Therefore, the German Chancellor's visit is part of ongoing efforts to align perspectives on pressing regional issues and to work together to support peace and sustainable development, reflecting both countries' commitment to their international responsibilities as active members of the G20.
Politics
Faisal bin Farhan and Araqchi discuss regional security and developments
The Saudi Foreign Minister received a call from his Iranian counterpart to discuss regional developments and to emphasize diplomatic solutions to enhance regional stability and resolve disputes through dialogue.
His Highness Prince Faisal bin Farhan bin Abdullah, the Saudi Minister of Foreign Affairs, received a telephone call from His Excellency Abbas Araqchi, the Minister of Foreign Affairs of the Islamic Republic of Iran. These discussions are part of the ongoing communication between the two sides to address issues of mutual interest and strengthen bilateral relations in a way that serves the interests of both countries and their neighboring peoples.
During the call, the two sides discussed a range of regional and international developments currently unfolding in the Middle East. They unequivocally emphasized the need to resolve existing disputes through constructive dialogue and diplomatic means, prioritizing reason and wisdom to prevent further escalation of tensions in the region. The ministers also discussed efforts to maintain regional security and stability, and to ensure the safety of navigation and international waterways, reflecting a shared understanding of the sensitivity of the current situation.
This contact is particularly significant given the recent historical context of relations between Riyadh and Tehran, especially following the agreement reached in Beijing in March 2013, which stipulated the resumption of diplomatic relations and the reopening of embassies. This ongoing communication between the two foreign ministers demonstrates the commitment of both parties to moving forward with the implementation of the agreement's provisions and strengthening confidence-building measures that contribute to a more stable and prosperous regional environment.
Regionally, these talks come at a time when the region is facing complex geopolitical challenges that require close coordination among influential regional powers. Saudi Arabia and Iran, as pivotal states in the Islamic world and the region, bear a significant responsibility in working to contain crises and prevent the escalation of conflicts. Observers note that maintaining open channels of communication between Riyadh and Tehran is a crucial safeguard for de-escalating tensions in several of the region's hotspots.
In conclusion, the contact reflects the Kingdom of Saudi Arabia’s constant commitment to its diplomatic approach based on building bridges of cooperation and supporting all efforts aimed at establishing the foundations of international security and peace, in order to achieve the developmental aspirations of the peoples of the region, away from the language of confrontation and conflicts.
Politics
The Crown Prince receives German Chancellor Friedrich Merz in Riyadh
Crown Prince Mohammed bin Salman is holding official talks with German Chancellor Friedrich Merz in Riyadh to review bilateral relations and the latest regional and international developments.
His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, received German Chancellor Friedrich Merz at the Royal Court in Al-Yamamah Palace in Riyadh this evening, on an official visit aimed at strengthening the bonds of joint cooperation between the two friendly countries.
A formal welcoming ceremony befitting the guest's status was held for the German Chancellor, after which His Royal Highness the Crown Prince and the Chancellor held extensive talks. At the outset of the meeting, His Royal Highness the Crown Prince welcomed the Kingdom's guest, wishing him and his delegation a pleasant stay. Chancellor Merz expressed his great pleasure at visiting the Kingdom and meeting His Royal Highness the Crown Prince, praising the warm reception and generous hospitality.
Strengthening bilateral relations and economic partnership
During the meeting, the two sides reviewed the long-standing bilateral relations between the Kingdom of Saudi Arabia and the Federal Republic of Germany and discussed ways to develop them across various vital sectors. These talks come at a time of remarkable progress in Saudi-German relations, driven by a shared desire to deepen economic and investment cooperation, particularly given the promising opportunities offered by the Kingdom's Vision 2030 and Germany's advanced industrial and technological expertise.
The meeting addressed opportunities for cooperation in renewable energy, green hydrogen, manufacturing, and technology, given Germany's status as a key economic partner for the Kingdom in Europe. Emphasis was also placed on the importance of joint efforts to enhance trade and encourage mutual investments that serve the interests of both nations.
Discussion of regional and international issues
On the political front, the two sides reviewed the latest regional and international developments and the efforts being made in this regard. Discussions touched upon the importance of strengthening security and stability in the Middle East region and the pivotal role the Kingdom plays in supporting peace efforts and resolving conflicts through diplomatic means. They also exchanged views on a number of issues of common interest, emphasizing the need to coordinate positions to address current global challenges.
High-level attendance
The Saudi delegation attending the talks included: Minister of Energy Prince Abdulaziz bin Salman, Minister of State and Cabinet Member Prince Turki bin Mohammed bin Fahd, Deputy Governor of Riyadh Region Prince Mohammed bin Abdulrahman, Minister of the National Guard Prince Abdullah bin Bandar, Minister of Foreign Affairs Prince Faisal bin Farhan, and Minister of Culture Prince Badr bin Abdullah bin Farhan. Also present were Minister of State and Cabinet Member and National Security Advisor Dr. Musaed bin Mohammed Al-Aiban, Minister of Commerce Dr. Majid Al-Qasabi, Minister of Finance Mohammed bin Abdullah Al-Jadaan (the accompanying minister), Minister of Investment Eng. Khalid bin Abdulaziz Al-Falih, and the Custodian of the Two Holy Mosques' Ambassador to Germany Fahd Al-Hathal.
On the German side, State Secretary and Federal Government Spokesperson Stephan Cornelius, German Ambassador to the Kingdom Michael Kindsgrab, State Advisor to the Federal Chancellor for Foreign and Security Policy Dr. Günter Sautter, State Advisor to the Federal Chancellor for Economic and Financial Policy Dr. Levin Höle, and a number of senior officials in the German government were present.
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