Latest news with #HumanCapabilityInitiativeConference
Asharq Al-Awsat
23-04-2025
- Business
- Asharq Al-Awsat
Saudi Arabia Welcomes Growing Int'l Support for Upcoming ‘Two-State Solution' Conference
The Saudi government welcomed on Tuesday the growing international support for the upcoming international conference on the peaceful resolution of the Palestinian cause and the implementation of the two-state solution, which will be co-chaired by Saudi Arabia and France. Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, chaired the cabinet meeting that was held in Jeddah. The cabinet also stressed the urgent need for a ceasefire in Gaza and the delivery of humanitarian aid. The ministers reviewed Saudi Arabia's latest talks and consultations with brotherly and friendly countries on regional and international developments, prospects for cooperation, and ways to strengthen ties across various sectors. They reiterated the Kingdom's active role in supporting international security and stability, as well as its efforts to alleviate humanitarian suffering. The Cabinet reviewed the Kingdom's comprehensive economic, cultural, and social development efforts, along with completed plans and programs aimed at advancing national progress and benefiting citizens. It discussed steps to balance Riyadh's real estate sector, underlining the government's commitment to addressing rising land prices and rents in the capital in recent years. The Cabinet highlighted the new Arabian oil and natural gas discoveries in Eastern Region and the Empty Quarter, saying they represent a substantial boost to the Kingdom's economic standing and boost its capacity to meet long-term local and global energy demands. The Cabinet also noted the Kingdom's high rankings in international indicators, saying it is confirmation of the state's strong support for all sectors, driving them toward greater competitiveness and global leadership. Furthermore, the Cabinet lauded the awards and medals earned by government entities and Saudi students at the Geneva International Exhibition of Inventions 2025, which align with the Kingdom's aspirations for innovation and a prosperous future. It commended the second Human Capability Initiative Conference held in Riyadh, which featured over 100 launches, agreements, and memoranda of understanding aimed at fostering international cooperation and advancing the Vision 2030 goals on human capital development.
Zawya
23-04-2025
- Business
- Zawya
Cabinet: Government is keen on addressing rising land prices and rents in Riyadh
JEDDAH — The Council of Ministers discussed on Tuesday measures to balance Riyadh's real estate sector and reaffirmed the government's commitment to addressing rising land prices and rents witnessed in the capital city of Riyadh in recent years. Crown Prince and Prime Minister Mohammed bin Salman chaired the Cabinet session in Jeddah. In a statement to the Saudi Press Agency following the session, Minister of Media Salman Al-Dossary said that the Cabinet reviewed the Kingdom's comprehensive economic, cultural, and social development efforts, along with completed plans and programs aimed at advancing national progress and benefiting citizens. The Council emphasized that the new Arabian oil and natural gas discoveries in the Eastern Province and the Empty Quarter represent a substantial boost to the Kingdom's economic standing, enhancing its capacity to meet long-term local and global energy demands. The Cabinet viewed the Kingdom's high rankings in international indicators as confirmation of the state's strong support for all sectors, driving them toward greater competitiveness and global leadership. The Council lauded the awards and medals earned by government entities and Saudi students at the Geneva International Exhibition of Inventions 2025, which align with the Kingdom's aspirations for innovation and a prosperous future. The Cabinet also commended the second Human Capability Initiative Conference held in Riyadh, which featured over 100 launches, agreements, and memoranda of understanding aimed at fostering international cooperation and advancing the Vision 2030 goals on human capital development. Al-Dossary said the Cabinet discussed talks and consultations with friendly countries on regional and international developments, prospects for cooperation, and ways to strengthen ties across various sectors. Reviewing the latest regional and global political developments, the Cabinet reiterated the Kingdom's active role in supporting international security and stability, as well as its efforts to alleviate humanitarian suffering. The Cabinet welcomed the growing global support for the upcoming international conference on the peaceful resolution of the Palestinian cause and the implementation of the two-state solution, which will be co-chaired by Saudi Arabia and France. It also stressed the urgent need for a ceasefire in Gaza and the delivery of humanitarian aid. The Cabinet approved the establishment of an operations room to receive and process financial fraud reports. It also endorsed mutual assistance agreements in criminal matters, as well as the extradition of wanted individuals, and the transfer of sentenced convicts between the governments of Saudi Arabia and Morocco. The Council approved a memorandum of understanding (MoU) between the Saudi and Malaysian governments regarding the mutual short-stay visa exemption for holders of diplomatic and official or special passports, and another MoU in environmental conservation between the Saudi Ministry of Environment, Water and Agriculture and the Jordanian Ministry of Environment. The Cabinet authorized the health minister or his deputy to discuss and sign a draft MoU with the Iranian Ministry of Health and Medical Education for cooperation in health fields, and education minister or his deputy to discuss and sign a draft MoU with the Ministry of Education of Korea concerning educational cooperation. The minister of finance and chairman of the board of directors of the Zakat, Tax and Customs Authority or his deputy was authorized to sign a draft agreement between the governments of Saudi Arabia and Bahrain to avoid double taxation with respect to income taxes and to prevent tax evasion and avoidance. The Cabinet approved two agreements between the governments of Saudi Arabia and Kuwait and Croatia to avoid double taxation with respect to taxes on income and capital and to prevent tax evasion and avoidance. It approved a MoU in communications and information technology between the Saudi Communications, Space and Technology Commission and the Hellenic Telecommunications and Post Commission, and endorsed Saudi Arabia's accession to the Tampere Convention on the Provision of Telecommunications Resources for Disaster Mitigation and Relief Operations (1998). The Cabinet authorized the minister of human resources and social development and chairman of the board of directors of the Authority for the Care of People with Disabilities or his deputy to discuss and sign with the Djiboutian side a draft MoU for cooperation between the authority and the National Agency for Persons with Disabilities of Djibouti. The Council approved a MoU for cooperation in trade promotion and support between the Saudi Export Development Authority and the Chinese Ministry of Commerce's Foreign Trade Development Bureau, and another cooperation agreement to combat terrorism and it's financing between the Saudi Presidency of State Security and the Kenyan National Intelligence Service. The Cabinet approved a MoU for cooperation and news exchange between the Saudi Press Agency and the Algeria Press Service, and the licensing of Bank Syariah Indonesia to open a branch in Saudi Arabia. The Council approved that the state will continue bearing entry visa fees for seasonal workers for the Hady and Adahi project for the 2025 Hajj season. © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (
Saudi Gazette
22-04-2025
- Business
- Saudi Gazette
Cabinet: Government is keen on addressing rising land prices and rents in Riyadh
Saudi Gazette report JEDDAH — The Council of Ministers discussed on Tuesday measures to balance Riyadh's real estate sector and reaffirmed the government's commitment to addressing rising land prices and rents witnessed in the capital city of Riyadh in recent years. Crown Prince and Prime Minister Mohammed bin Salman chaired the Cabinet session in Jeddah. In a statement to the Saudi Press Agency following the session, Minister of Media Salman Al-Dossary said that the Cabinet reviewed the Kingdom's comprehensive economic, cultural, and social development efforts, along with completed plans and programs aimed at advancing national progress and benefiting citizens. The Council emphasized that the new Arabian oil and natural gas discoveries in the Eastern Province and the Empty Quarter represent a substantial boost to the Kingdom's economic standing, enhancing its capacity to meet long-term local and global energy demands. The Cabinet viewed the Kingdom's high rankings in international indicators as confirmation of the state's strong support for all sectors, driving them toward greater competitiveness and global leadership. The Council lauded the awards and medals earned by government entities and Saudi students at the Geneva International Exhibition of Inventions 2025, which align with the Kingdom's aspirations for innovation and a prosperous future. The Cabinet also commended the second Human Capability Initiative Conference held in Riyadh, which featured over 100 launches, agreements, and memoranda of understanding aimed at fostering international cooperation and advancing the Vision 2030 goals on human capital development. Al-Dossary said the Cabinet discussed talks and consultations with friendly countries on regional and international developments, prospects for cooperation, and ways to strengthen ties across various sectors. Reviewing the latest regional and global political developments, the Cabinet reiterated the Kingdom's active role in supporting international security and stability, as well as its efforts to alleviate humanitarian suffering. The Cabinet welcomed the growing global support for the upcoming international conference on the peaceful resolution of the Palestinian cause and the implementation of the two-state solution, which will be co-chaired by Saudi Arabia and France. It also stressed the urgent need for a ceasefire in Gaza and the delivery of humanitarian aid. The Cabinet approved the establishment of an operations room to receive and process financial fraud reports. It also endorsed mutual assistance agreements in criminal matters, as well as the extradition of wanted individuals, and the transfer of sentenced convicts between the governments of Saudi Arabia and Morocco. The Council approved a memorandum of understanding (MoU) between the Saudi and Malaysian governments regarding the mutual short-stay visa exemption for holders of diplomatic and official or special passports, and another MoU in environmental conservation between the Saudi Ministry of Environment, Water and Agriculture and the Jordanian Ministry of Environment. The Cabinet authorized the health minister or his deputy to discuss and sign a draft MoU with the Iranian Ministry of Health and Medical Education for cooperation in health fields, and education minister or his deputy to discuss and sign a draft MoU with the Ministry of Education of Korea concerning educational cooperation. The minister of finance and chairman of the board of directors of the Zakat, Tax and Customs Authority or his deputy was authorized to sign a draft agreement between the governments of Saudi Arabia and Bahrain to avoid double taxation with respect to income taxes and to prevent tax evasion and avoidance. The Cabinet approved two agreements between the governments of Saudi Arabia and Kuwait and Croatia to avoid double taxation with respect to taxes on income and capital and to prevent tax evasion and avoidance. It approved a MoU in communications and information technology between the Saudi Communications, Space and Technology Commission and the Hellenic Telecommunications and Post Commission, and endorsed Saudi Arabia's accession to the Tampere Convention on the Provision of Telecommunications Resources for Disaster Mitigation and Relief Operations (1998). The Cabinet authorized the minister of human resources and social development and chairman of the board of directors of the Authority for the Care of People with Disabilities or his deputy to discuss and sign with the Djiboutian side a draft MoU for cooperation between the authority and the National Agency for Persons with Disabilities of Djibouti. The Council approved a MoU for cooperation in trade promotion and support between the Saudi Export Development Authority and the Chinese Ministry of Commerce's Foreign Trade Development Bureau, and another cooperation agreement to combat terrorism and it's financing between the Saudi Presidency of State Security and the Kenyan National Intelligence Service. The Cabinet approved a MoU for cooperation and news exchange between the Saudi Press Agency and the Algeria Press Service, and the licensing of Bank Syariah Indonesia to open a branch in Saudi Arabia. The Council approved that the state will continue bearing entry visa fees for seasonal workers for the Hady and Adahi project for the 2025 Hajj season.
Zawya
16-04-2025
- Business
- Zawya
Oracle collaborates with Saudi Arabia's Ministry of Communications and Information Technology and National eLearning Center
Development of strong local talent pipeline will help the Kingdom to achieve its projected AI economy potential of $135 billion by 2030 Human Capability Initiative Conference RIYADH, Saudi Arabia: Oracle today announced a collaboration with the Ministry of Communications and Information Technology (MCIT) and the National eLearning Center (NeLC) to equip 50,000 Saudi nationals with the latest Artificial Intelligence and digital technology skills that will help prepare them for the most in-demand technology-powered jobs of the future. Under the new collaboration, MCIT and NeLC will introduce Oracle's 'Mostaqbali' (My Future) program to Saudi citizens to boost lifelong learning, support local employment opportunities and enable Saudi organizations accelerate digital transformation with readily available local talent. 'This collaboration will play a pivotal role in advancing efforts to expand our national digital capabilities,' said Safa Al-Rashed, Acting Deputy Minister for Future Capabilities and Jobs at the Ministry of Communications and Information Technology. 'Oracle's partnership with the National eLearning Center will contribute in adopting lifelong learning and ensure continuous development of digital skills most relevant for the intelligent age. It will strengthen national initiatives by providing cutting-edge training in artificial intelligence and digital technologies, while fostering innovation and equipping our citizens with skills required for jobs of the future.' Mostaqbali will be available to all Saudi nationals at different stages of their learning and professional careers from students just entering the workforce to working professionals—with a special focus on women and early-career professionals. The program will strengthen Saudi Arabia's digital talent pool as organizations in the country look to increasingly hire local talent to deploy new technologies and drive digital innovation and growth in line with Saudi Vision 2030. 'Our collaboration with Oracle and MCIT accelerates the Kingdom's journey toward becoming a global hub for digital learning. The Mostaqbali initiative, delivered via FutureX and supported by our strategic partnerships, expands the impact of our national digital learning ecosystem bridging the gap between ambition and opportunity, and empowering Saudi talent to thrive in an AI-driven future,' said Dr. Hajar Binasfour, Deputy Director General for Empowerment at the National eLearning Center (NeLC). 'PwC estimates that by 2030, Artificial Intelligence will contribute $135 billion to Saudi Arabia's economy. At Oracle, we are committed to helping the Kingdom realize this major opportunity,' said Gary Miller, executive vice president, Oracle Customer Success Services. 'Oracle is driving one of the fastest cloud region expansions in Saudi Arabia and simultaneously working to develop a strong local talent pool that can help local organizations tap into these resources and accelerate their transformations. Our collaboration with MCIT and NeLC around the Mostaqbali initiative will open Oracle's highly successful training programs to a large student and professional audience, making a significant contribution to help meet the demand for technical skills in the Kingdom.' In addition to the opportunity to secure professional certification, learners in the Mostaqbali program will also be able to earn badges that indicate their job readiness for specialized job roles, helping potential employers more easily identify candidates and supporting job placement opportunities in the Kingdom. The Mostaqbali program will be delivered as a digital learning experience through Oracle MyLearn, Oracle's comprehensive training and enablement platform from Oracle University used by millions of technology trainees around the world. The program will offer rigorous foundational training in cloud technologies that will then channel students to professional-level training and certifications—including in areas such as DevOps, AI, applications business processes, machine learning, and data science—as well as additional training curated individually based on learning levels and educational goals. About Oracle Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at Trademarks Oracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company ushering in the new era of cloud computing. Contact Info Gaurav Bhatnagar Senior Director, Corporate Communications – Middle East & Africa Oracle +971 55 100 1407
Trade Arabia
15-04-2025
- Business
- Trade Arabia
KSA will create one million jobs in tourism, culture by 2030
The vital sectors of tourism, culture, sports, and creative industries will create one million jobs in Saudi Arabia by 2030, according to Minister of Commerce Majed Al-Qasabi. Attending a panel discussion at the Human Capability Initiative Conference in Riyadh, he said that the creative economy would support creating more than 80,000 jobs, with strong growth expected in the sectors of film, design, fashion, and digital arts, a report in Saudi Gazette said. "Saudi Arabia has moved from ambition to action, and with Expo 2030 and the 2034 World Cup approaching, we need future skills that will enable our youth to move forward," he said. Al-Qasabi said the digital economy will record robust growth, with its contribution to the gross domestic product (GDP) will jump from 4.4 per cent to 19 per cent by 2030 while the value of the healthcare sector is expected to reach SR250 billion ($66 billion) by that time. The minister emphasised that 65 per cent of Saudis are under the age of 35, which means that investing in lifelong education is no longer an option, but has become essential. "Saudi Arabia is working to develop skills and assess gaps in workforce capabilities and future needs. Future skills have been integrated into training and educational institutions, in addition to utilising artificial intelligence and technology, bringing expertise to the Kingdom, and sending students abroad to achieve future goals," he added.
