海角直播

Supply chain reforms, demographic shifts among key investment drivers: Al-Falih聽

Supply chain reforms, demographic shifts among key investment drivers: Al-Falih聽
Khalid Al-Falih speaking at the 28th World Investment Conference in Riyadh. Screenshot
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Updated 25 November 2024

Supply chain reforms, demographic shifts among key investment drivers: Al-Falih聽

Supply chain reforms, demographic shifts among key investment drivers: Al-Falih聽

RIYADH: Sustainability, technological disruption, and supply chain decentralization are redefining global investment dynamics, 海角直播鈥檚 investment minister said at an event in Riyadh.

Speaking at the 28th World Investment Conference in Riyadh, Khalid Al-Falih noted that while the global economy is recovering from headwinds, challenges such as geopolitical tensions continue to create instability.聽

Running from Nov. 25 to 27, WIC 2024 is focused on digital transformation and sustainable growth, and unites global leaders to discuss investment policies shaping future economies.聽

Addressing attendees, Al-Falih said: 鈥淭here are four major trends that will play a crucial role in shaping the global investment landscape. The first is the importance of investment in sustainability. The second is the unprecedented technological disruption unfolding in front of our own eyes.鈥澛

He added: 鈥淭he third global trend is the steady reconfiguration of the global supply chain, with the decentralization of supply chains creating hubs in emerging regions that offer new opportunities for investments, infrastructure, and new production capacity.鈥澛

According to the minister, the fourth global trend is demographics, where entities will invest money where talent is available and consumption is high.聽

Al-Falih acknowledged both opportunities and challenges for global investment, citing issues such as geopolitical instability and trade barriers but emphasized progress in inflation containment, capital market growth, and consumer confidence restoration.聽

鈥淲e are confronted with crosswinds to global investments 鈥 driven forward on one hand by the tech revolution, booming stock markets, and the onset of promising monetary policies, while constrained on the other hand by geopolitical instabilities, trade barriers, and talent and skill shortages,鈥 said Al-Falih.聽

鈥淟et me remind all of us that investments require sound and deliberate stewardship,鈥 he said.聽




海角直播鈥檚 investment minister聽Khalid Al-Falih. Screenshot

海角直播 has made strides under Vision 2030, with gross domestic product up 70 percent to $1.1 trillion, with half of that driven by non-oil activities.聽

Al-Falih said that foreign direct investment flows have tripled, and over 550 international firms have established regional headquarters in the Kingdom, surpassing targets.聽

This came as the Kingdom offered businesses various incentives if they relocated their Middle East-bases to Riyadh, including a 30-year exemption from corporate income tax and access to discounts and support services.聽

In November, US-based Morgan Stanley secured approval to establish its regional headquarters in 海角直播, followed by Citi Group.聽

The Kingdom also launched the premium residency program to welcome international investors and talented people. 鈥淚n the last three years alone, 1,200 investors have been awarded these premium residencies, allowing them to be treated as if they are in their own countries,鈥 said Khalid Al-Falih.聽

Global appreciation聽

At the conference鈥檚 opening ceremony, Nivruti Rai, managing director and CEO of Invest India and president of the World Association of Investment Promotion Agencies, lauded 海角直播鈥檚 diversification efforts.聽

鈥淰ision 2030 entails growth through technology, growth through greenification, and growth that also enables tourism, including spiritual tourism,鈥 said Rai.聽

She added: 鈥淚n 1938, 海角直播 discovered oil. I am so happy that today we are dreaming of NEOM, a smart city built on technology. To enable that, the one way 鈥 and only way 鈥 is to unite and ignite the passion that drives digital transformation and the passion that harnesses sustainability.鈥澛




Nivruti Rai, managing director and CEO of Invest India. Screenshot

Rai also highlighted the importance of a green future, noting the need for a mix of energy sources to sustain growth.聽

鈥淲e all have to work toward greenification, because the world knows that power is directly proportional to GDP. The input to growth is power,鈥 she said.聽

Emergence of new markets聽

James Zhan, chair and executive director of the World Investment Conference, emphasized the transformative trends shaping the global economy.聽

鈥淲e are now witnessing the emergence of new markets, new funding sources, new business models, and new industries. All this offers immense potential for global investment promotion and business facilitation,鈥 said Zhan.聽

WAIPA鈥檚 executive director and CEO, Ismail Ersahin, stressed the significance of WIC in fostering collaboration and actionable outcomes.聽

鈥淲orld Investment Conference is not just a place where we share our experiences, but now we are also addressing investors and telling them, 鈥楬ere are the opportunities, so you should participate,鈥欌 said Ersahin.聽

New investment paradigms聽

In a separate press statement,聽 Ersahin said that WIC 2024 comes at an 鈥渋mportant moment in the global economy,鈥 noting that as the international community navigates the nuances of digital transformation and the push for sustainable growth, the event serves as an essential platform for leaders to explore new investment paradigms shaping the future.聽

He added: 鈥淭he need for investment promotion agencies to drive economic development and foster foreign direct investment has never been more critical. By bringing together key global stakeholders in international development and investment, we are creating an environment where strategic partnerships and actionable solutions can flourish.鈥澛

The conference is hosted by Invest Saudi, the national investment promotion brand overseen by the Saudi Investment Promotion Authority, and focuses on scaling investment opportunities while offering participants practical tools and connections to drive impactful outcomes.


Saudi Eksab, Guyana government sign MoU on investment collaboration in key strategic sectors

Saudi Eksab, Guyana government sign MoU on investment collaboration in key strategic sectors
Updated 01 November 2025

Saudi Eksab, Guyana government sign MoU on investment collaboration in key strategic sectors

Saudi Eksab, Guyana government sign MoU on investment collaboration in key strategic sectors

RIYADH: Saudi Eksab and the government of Guyana signed a Memorandum of Understanding to explore investment collaboration across key strategic sectors on the sidelines of the Future Investment Initiative in Riyadh.

The MoU was signed by Yazeed Alyahya, CEO of Saudi Eksab and Zulfikar Ally, Guyana鈥檚 minister of Public Service, Government Efficiency and Implementation, with Guyanese President Mohamed Irfaan Ali witnessing the event.

The MoU paves the way for enhanced collaboration to advance strategic investment opportunities and unlock future areas of mutual interest, and strengthens Saudi Eksab鈥檚 role as a trusted partner supporting sustainable growth and economic diversification, a statement said.

鈥淕uyana is entering a transformative phase of development. Through this collaboration with Saudi Eksab, we are eager to explore partnerships that accelerate infrastructure development and economic diversification while fostering global cooperation,鈥 Ally said in the statement.

鈥淭his partnership marks an exciting step forward in our mission to identify high-impact investment initiatives that drive shared economic growth. We look forward to identifying meaningful opportunities,鈥 AlYahya meanwhile said.


Why it is vital to protect acacia trees from invasive beetle

Why it is vital to protect acacia trees from invasive beetle
Updated 01 November 2025

Why it is vital to protect acacia trees from invasive beetle

Why it is vital to protect acacia trees from invasive beetle
  • A wood-boring beetle has been聽killing trees in the Kingdom, including the important acacia and jujube聽
  • But an environmental expert cautions聽against using insecticides that could harm the ecosystem

RIYADH: The acacia tree is of significant importance to both the environment and culture in 海角直播. It provides shelter for migratory birds and protects travelers and Bedouins in the Arabian Peninsula鈥檚 hot desert.

Among the many environmental benefits of the acacia tree is its ability to prevent desertification; its roots improve soil fertility; it provides shade and lower temperatures; it stores carbon and reduces carbon dioxide levels; and it stabilizes dunes in desert areas.

An invasive beetle 鈥 scientific name Agrilus planipennis fairmaire 鈥 has been attacking trees for years, killing many of them in the Kingdom, including perennial trees.

The 'Emerald ash borer' (scientific name: Agrilus planipennis Fairmaire) is a highly destructive wood-boring beetle feeding on the phloem of ash trees. (Supplied)

Oubaid Alouni, an environmental consultant and former consultant at the National Center for Vegetation Cover Development and Combating Desertification, explained the role of the acacia tree in the ecosystem and how the pest threatens its existence.

He outlined the different types of acacia trees in 海角直播.

鈥淭he acacia tree grows naturally in the desert. It is a desert umbrella tree and is divided into two types; the Iraqi acacia and the Najdi acacia, and reaches around 55 types in total,鈥 Alouni said.

There is also another type of acacia tree that grows in Asir, locally known as Al-Kanhbal, scientific name Vachellia origena, that differs from the Najdi acacia, which has long branches and provides ample shade.

While some acacia trees are native to 海角直播, others were imported, such as acacia raddiana. They all share a similar trait, providing vital protection from strong sunlight.

While some acacia trees are native to 海角直播, while others were imported, along with the wood borer. (SPA file photo)

鈥淎ny hiker, any traveler, who wants to go to the desert must pass by this tree and take shelter under it,鈥 Alouni said, describing how people have always been connected to this species and valued it.

Securing native trees, not only acacia, holds a deeper meaning for the culture and tradition, he said, such as when the Prophet Muhammad used to sit under the Ziziphus spina-christi.

The acacia tree is threatened by the Agrilus planipennis Fairmaire as this species relies on the tree for nutrients.

鈥淭his insect reached 海角直播 through imported wood, as they found larvae inside wood imported from Russia,鈥 Alouni said.

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鈥 Some of the finest honey in the Kingdom is produced from acacia and jujube trees.

鈥 Acacia trees help reduce sand encroachment in the desert and provide shelter for several bird species.

鈥 The acacia tree can withstand drought for up to 10 years, even severe drought.  

The pest is a highly destructive wood-boring beetle feeding on the phloem of ash trees. It is also known as the Emerald ash borer, and is native to China, Japan, South Korea, Mongolia and Russia.

This bug is typically a small, metallic green beetle, around half an inch (about 1.2 to 1.5 cm in length), and one of its distinguishing features is that when the wing covers are lifted, the upper abdomen is bright red.

Its life cycle involves multiple stages. The first is the egg stage, during which females lay 40-53 eggs.

The larva lives inside the tree for one to two years, eating the layer between the bark and the main trunk. (Supplied)

Then comes the larva, the longest stage of the beetle鈥檚 life cycle, lasting almost a year.

鈥淭he larva lives inside the tree for one to two years, eating the layer between the bark and the main trunk,鈥 Alouni said.

After that, it goes through a shorter stage, as a pupae, that lasts about 20 days.

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Finally, it reaches the adult stage and is known for chewing through the wood and emerging from trees, forming a small, D-shaped exit hole about 3 to 4 mm wide. This stage of its life is usually short, lasting about 20 days.

The pest is now attacking olive trees in the US, Alouni said.

鈥淚n Ohio, I believe, it has begun to invade olive trees terrifyingly. This insect is very dangerous.鈥

The life cycle of Agrilus planipennis Fairmaire involves multiple stages before reaching adulthood. The first stage is the egg stage, during which females lay 40-53 eggs. (Supplied)

Among the factors that enabled this insect population to increase nationwide is the hunting of birds, especially migratory birds, because they usually feed on insects.

However, the biggest threat to the ecosystem is ignorance, Alouni said, as many people believe the insect is part of the Kingdom鈥檚 native environment and that protecting it contributes to a balanced ecosystem.

鈥淭here are still people who say, 鈥楲eave it alone; it鈥檚 part of the ecological balance,鈥 which is, of course, incorrect. This insect is an invasive species in our environment,鈥 he said.

Oubaid Alouni, an environmental consultant and former consultant at the National Center for Vegetation Cover Development and Combating Desertification. (Supplied)

He also believes that pruning trees leaves branches exposed and vulnerable to this insect entering the tree, and that transferring wood from one location to another may provide an opportunity for the larva to expand and increase its numbers.

To address this environmental issue, Alouni told Arab News about the efforts being made to safeguard and protect the Kingdom鈥檚 natural treasures, including organizing discussions and workshops to explore the issue and exchange potential solutions among experts.

Also, he believes that a particular bird species, the woodpecker, is one of the most effective ways to reduce the numbers of the beetle.

The pest is a highly destructive wood-boring beetle feeding on the phloem of ash trees. (Supplied)

鈥淚t鈥檚 called the Arabian woodpecker, yet it only exists in Asir and in small populations, too,鈥 he said.

According to Alouni, the Arabian woodpecker hears the insect inside the tree, hits the branch with its beak and removes it.

Arabian woodpecker. (James Eaton photo / via Wikimedia Commons)

One of the strongest methods to contain pests is biological control, which uses other species to help the ecosystem naturally protect and restore its balance.

One animal feeds on another to keep the environment balanced, such as using Orussidae 鈥 a parasitic wood wasp 鈥 or placing large numbers of chickens and other birds in forests and farms.

The Orussidae or the parasitic wood wasps, along with birds, are better alternatives to harmful pesticides in fighting the destructive beetle. (Wikimedia Commons)

鈥淚t is called Orussidae in the United States 鈥 it kills insects very fast.鈥

Chemical methods can also be used, but Alouni does not endorse these due to their environmental risks.

 


海角直播 gears up for Biban 2025, the region鈥檚 largest startup and SME event

海角直播 gears up for Biban 2025, the region鈥檚 largest startup and SME event
Updated 31 October 2025

海角直播 gears up for Biban 2025, the region鈥檚 largest startup and SME event

海角直播 gears up for Biban 2025, the region鈥檚 largest startup and SME event

RIYADH: 海角直播 is set to host the Middle East鈥檚 premier entrepreneurial event, Biban 2025, on Nov. 5, at the Riyadh Front Exhibition and Conference Center. 

Organized by the Small and Medium Enterprises General Authority known as Monsha鈥檃t, the four-day event will run under the theme 鈥淕lobal Destination for Opportunity.鈥

Now in its 11th edition, Biban 2025 will convene a global audience from over 150 countries, the Saudi Press Agency reported. 

The forum will feature 200 local and international speakers and bring together 150 enabling entities from the government and private sectors, with several billion-dollar agreements and initiatives expected to be unveiled.

The event solidifies its role as the region鈥檚 largest entrepreneurial platform, connecting startups, investors, policymakers, and world-renowned experts. The goal is to forge strategic partnerships, explore high-value opportunities, and develop innovative ideas to fuel the growth of 海角直播鈥檚 entrepreneurial ecosystem.

Attendees are set to gain insights from more than 85 specialized workshops led by top experts, focusing on key areas such as finance, investment, management, marketing, digital transformation, and global expansion. 

The forum features seven main sections, designed to cover the various needs of entrepreneurs and small-to-medium enterprises. These dedicated sections address key areas such as financing, franchising, e-commerce, and market access.

Biban 2025 builds on the legacy of its previous editions, which have launched hundreds of successful projects and partnerships, empowering small and medium-sized enterprises to expand into local and global markets. 

The forum is a key initiative supporting Saudi Vision 2030, reinforcing the Kingdom鈥檚 position as a global hub for investment and opportunity.


New $80m fund to bridge Chinese industry and key聽Saudi sectors

New $80m fund to bridge Chinese industry and key聽Saudi sectors
Updated 31 October 2025

New $80m fund to bridge Chinese industry and key聽Saudi sectors

New $80m fund to bridge Chinese industry and key聽Saudi sectors

RIYADH: Digital technology, advanced manufacturing, and logistics are among the Saudi sectors set to benefit from an $80 million investment partnership between ewpartners and Chinese industrial hub Tianjin Binhai New Area.

Formalized in the presence of the Kingdom鈥檚 Public Investment Fund and its fund-of-funds platform Jada at the Future Investment Initiative conference in Riyadh, the move aims to introduce mature Chinese industrial projects and technologies into 海角直播 and the wider Gulf region.

This partnership directly supports Saudi Vision 2030 by leveraging Tianjin Binhai鈥檚 capabilities in alternative energy, smart manufacturing, and port logistics, combined with ewpartners鈥 network and investment expertise in the Middle East, according to a press release.

Jada CEO Bandr Mohammed Al-Homaly said: 鈥淛ada is committed to building a vibrant private capital ecosystem in 海角直播, for example through bridging global expertise with local opportunities.鈥

He added: 鈥淭he momentum we see from the partnership between ewpartners and Tianjin Binghai New Area, across logistics and technology for instance, reflects our shared dedication to Vision 2030 and to building a thriving private capital ecosystem in the Kingdom.鈥 

The goal is to accelerate industrial upgrading, enhance local supply chains, and strengthen the Kingdom鈥檚 manufacturing competitiveness.

Wu Di, vice chairman of the Administrative Commission of Tianjin Binhai Hi-tech Industrial Development Area, said: 鈥淲e look forward to leveraging Tianjin鈥檚 strengths in smart manufacturing, technology, and port logistics to deepen cooperation with 海角直播 and the Middle East, and to build a long-term, open, and mutually beneficial international partnership.鈥

Jerry Li, co-founder and managing partner of ewpartners, said the partnership is not just about connecting capital鈥 but bringing together industries and innovation capabilities. 

He added:: 鈥淭hrough this fund, we aim to bring China鈥檚 proven expertise in manufacturing and technological innovation to the Middle East, driving high-quality regional development.鈥

The fund marks a strategic step in strengthening industrial and investment ties between Asia and the Middle East, positioning 海角直播 as an emerging global hub for cross-border industrial cooperation.


海角直播 leads GCC fixed-income issuances in Q3, Markaz says聽

海角直播 leads GCC fixed-income issuances in Q3, Markaz says聽
Updated 31 October 2025

海角直播 leads GCC fixed-income issuances in Q3, Markaz says聽

海角直播 leads GCC fixed-income issuances in Q3, Markaz says聽

RIYADH: 海角直播 dominated the Gulf Cooperation Council region鈥檚 primary debt market in the third quarter of 2025, raising $20.32 billion through 36 issuances, representing a 62.7 percent year-on-year increase in value, according to a new analysis. 

In its latest report, Kuwait Financial Center, also known as Markaz, said that primary issuances of bonds and sukuk across the GCC totaled $38.74 billion through 137 issuances during the third quarter, marking a 32.4 percent increase from the same period in 2024, when issuances reached $29.29 billion. 

The debt market in the region 鈥 particularly in 海角直播 鈥 has expanded significantly in recent years, driven by economic diversification efforts that have strengthened investor demand for fixed-income instruments. 

鈥淎s for issuance preferences, the third quarter of 2025 saw an increased appetite for sukuk issuances in the GCC, representing 52.6 percent of total issuances for the year. This is a change in issuance preferences from the third quarter of 2024, where more conventional bonds were issued,鈥 said Markaz. 

According to the report, UAE-based issuers raised $5.82 billion through 57 offerings in the third quarter, marking a 47.3 percent decline compared with the same period in 2024. 

Qatar ranked third in terms of issuance value, with $5.69 billion raised through 29 issuances, followed by Kuwait, where issuers raised $3.42 billion through eight issuances, reflecting a 118.4 percent increase year on year.

Issuances in Bahrain surged 539 percent from a year earlier to $2.55 billion across four issuances, while Omani entities recorded the lowest total, raising $0.94 billion through three issuances.

Markaz added that total GCC corporate primary issuances grew 4 percent in the third quarter to $26.59 billion. Conventional issuances decreased 18.6 percent to $18.37 billion, while sukuk issuances rose sharply 鈥 up 202.7 percent during the quarter 鈥 reaching a total value of $20.37 billion for the year to date.

The financial sector led all GCC bond and sukuk issuances in the third quarter, with a total value of $21.53 billion, followed by government issuances at $11.1 billion, the report said.