It is futile to guess OPEC+ moves, Saudi energy minister warns speculators

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Saudi Arabia’s Energy Minister Prince Abdul Aziz bin Salman was speaking at the International Energy Forum on Wednesday. (Screenshot/IEF)
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Updated 18 February 2021
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It is futile to guess OPEC+ moves, Saudi energy minister warns speculators

  • Prince Abdul Aziz bin Salman was speaking at the International Energy Forum
  • ‘Too early’ to declare victory over virus, says prince

DUBAI: Prince Abdul Aziz bin Salman, the Saudi energy minister, has warned global oil markets against the “futility” of trying to second-guess the OPEC+ oil alliance's next crucial move.

Speaking to other ministers and energy policymakers at a forum held virtually from Riyadh, he said that the world had to learn the lessons of last year’s dramatic gyrations in oil prices.

“One of these lessons is the futility of trying to predict what is around the corner, and the best we can do is to increase our preparedness and resilience, realizing that collective action is the best way to tackle the challenges ahead.

“And on the subject of predictability, this also applies to those who are trying to predict the next move of OPEC+. To those people I say, don’t try to predict the unpredictable,” the prince said.

Watch the IEA IEF OPEC Symposium on Energy Outlooks proceedings:

He characterized the OPEC+ stance as one of “constructive ambiguity.”

His comments, delivered at the opening session of the International Energy Forum symposium on energy outlooks, were seen as an attempt to head off speculation in the oil markets ahead of a key meeting of OPEC+ next month, when the alliance, led by Saudi Arabia and Russia, must decide if it will add back oil supply in the face of uncertain global demand.

He advised against any action that might affect the pace of recovery in global markets. “We are in a much better place than we were a year ago, but I must warn, once again, against complacency. The uncertainty is very high, and we have to be extremely cautious.

“The football match is still being played, and it is too early to celebrate and declare any victory against the virus. The referee is yet to blow the final whistle,” he said.

On the same panel, Dharmendra Pradhan, petroleum minister of India, the fastest-growing energy consumer of the big economies, said that there was a big improvement from the pandemic recession of last year, and predicted double-digit economic growth in 2021.

But he warned against allowing crude prices to rise too fast. “The rising oil price of recent weeks is hurting the global economic recovery,” he said, highlighting India’s progress toward greater use of renewable fuels compared with hydrocarbons.

“India is committed to renewables and energy efficiency, while maintaining the use of oil and gas and expanding refining capacity,” Pradhan said.

Fatih Birol, executive director of the International Energy Agency, told the forum that oil demand would recover with global economic improvement, and that he saw no prospect of a “peak” in oil demand unless there is a significant change in consumer preferences, but noted that government calls for “net zero” policies on emissions would mean a reduction in fossil fuel use.

Mohammed Barkindo, secretary-general of OPEC, said that there remains “tremendous uncertainty” in demand and that OPEC was aligned on the need for a cautious, but optimistic, approach on supply.

He added: “There will be no peak oil on the immediate horizon, which means that 1.7 trillion barrels of proven oil reserves will not be stranded.”

Barkindo urged more investment to ensure adequate supply of oil in the event of rapidly increasing economic recovery.


Hira district offers insightful Islamic journey

Updated 29 June 2025
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Hira district offers insightful Islamic journey

MAKKAH: The Hira Cultural District is a must-visit for the millions of people who come to Makkah each year, offering an experience that engages both heart and mind by bringing history to life, a Saudi Press Agency report said.

At its center is the Holy Qur’an Museum, which features rare manuscripts and historical copies of the Qur’an alongside modern visual displays.

Visitors can explore the Qur’an’s compilation and the meticulous preservation it has undergone through the ages, the SPA reported.

The museum reflects the deep reverence for the Qur’an, using innovative presentation methods to enrich the visitor experience.

A standout feature is the Revelation Exhibition, closely linked to the Cave of Hira — where Prophet Muhammad first received the revelation.

The exhibition includes a dedicated pavilion that tells the story of the Qur’an’s revelation, offering profound insight into this pivotal moment in Islamic history.

Spanning about 67,000 sq. meters, the Hira Cultural District draws visitors from around the world and all walks of life, according to the report.

Beyond its cultural and educational appeal, it offers a vibrant atmosphere with a mix of traditional and modern cafes, restaurants, and diverse shopping options for individuals and families alike.


Art in Madinah through the eyes of a local artist

Updated 29 June 2025
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Art in Madinah through the eyes of a local artist

  • Spiritual nature of the city inspires Meshal Al-Hujaili to seek simplicity through his work
  • Madinah Art Center a ‘turning point’ for local art scene 

Riyadh: Madinah’s art scene is expanding, featuring a rich blend of traditional and contemporary influences rooted in the Kingdom’s Islamic heritage, cultural identity and historical lineage.

“The art scene in Madinah is constantly evolving, leading artists in the city to keep pace with this development and enter the artistic landscape,” artist and Madinah native Meshal Al-Hujaili told Arab News.

Al-Hujaili described how the art scene in his home town influences his work: “Madinah, with its spiritual nature and simplicity, always leads me to pursue simplicity in my work, despite its artistic depth.”

Born and raised in Madinah, Al-Hujaili contributes to the growth of the local art scene through his solo art exhibitions and collaborations with the Madinah Art Center.

The center “has been a turning point for the art scene in Madinah,” he said.

“Due to its ongoing art sessions, exhibitions and meetings, it has increased my exposure to artists who preceded me in the field,” Al-Hujaili said.

“The center provides a stimulating environment for dialogue and exchange of experiences among artists, which has opened new horizons for me in my expression and in my understanding of the role of art in society,” he said.

Al-Hujaili’s artwork, currently on display in the main gallery of the Madinah Art Center, is a result of the Madinah International Symposium 2023.

“The painting, titled ‘Flow,’ reflects my experience at the symposium, my presence among more than 200 artists from around the world, and the artistic flow that prevailed at the center,” he said.

Al-Hujaili’s latest exhibition, titled “Path,” in collaboration with curator Nouf Al-Balawi explored “reflections, each representing a pivotal stage in the artist’s life as he searches for self.”

The art exhibition shed light on the Madinah native’s life, “documenting the events around him, about the various paths of life, in an individual experience that begins with the embryo and continues through to the impact he creates,” Al-Hujaili said.

When asked where he draws his inspiration from, the artist said his natural curiosity and love for asking questions.

Al-Hujaili’s latest exhibition is inspired by five themes, the first being “From Embryo to Embryo,” a series of four works that explore the circle of life, starting from the moment the fetus is formed in the womb and continuing through parenthood, “where the first fetus never ends, but rather transforms and begins anew as the father of a fetus,” as Al-Hujaili described it.

The second theme is titled “The Child I Was Not.”

“After highlighting the fetal stage, the exhibition moves to the next stage: childhood,” he said.

This is a single work in which the artist tries to reflect on children’s perspectives on art, because “art was not part of their experience as a child,” he said.

One part of the exhibition, titled “Morning Exercises,” shifts from childhood to decision-making and commitment. It features 30 artworks documenting the artist’s dedication to a daily morning art practice, lasting up to five hours of creating new pieces.

Another section titled “What to Do?” looks at the artist questioning the definition of the artwork and discovering where the value in the artwork lies.

In the concluding “Effort and Impact” section, two works represent the artist’s journey in producing art, his commitment to daily work, and his constant questioning and research.

Closing the interview, the artist emphasized how the Madinah Art Center supports his work and the work of other artists across the Kingdom: “The gallery encourages artists to explore new experiences and view the work of other artists,” he said.

“The center also offers numerous training courses and dialogue sessions that help artists become part of the artistic movement taking place in Madinah across various artistic fields,” he said.

When asked what he hopes to accomplish in the Madinah art scene, he said: “I have always dreamed of making a real impact on how people view art and representing the Kingdom of Saudi Arabia.”

Al-Hujaili said he hopes his work will be immortalized in history.


Experts discuss innovations in clinical pharmacy

International Clinical Pharmacy Ambulatory Care Conference brought together more than 700 healthcare professionals and experts.
Updated 29 June 2025
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Experts discuss innovations in clinical pharmacy

  • Two-day event aimed to showcase innovative solutions to improve healthcare quality and align with global advancements

RIYADH: The International Clinical Pharmacy Ambulatory Care Conference, organized by the Hail Health Cluster, brought together more than 700 healthcare professionals and leading international experts in health and pharmaceutical sciences.

The two-day event aimed to showcase innovative solutions to improve healthcare quality and align with global advancements, the Saudi Press Agency reported on Sunday. It provided a key platform for knowledge sharing and collaboration.

Discussions covered the latest in virtual health, strategies to enhance the patient experience along the medication journey, and future models for expanding pharmacy services.

Conference highlights included research poster presentations featuring innovations and evidence-based practices in clinical pharmacy, the SPA added.

An accompanying exhibition featured cutting-edge technologies and solutions from participating organizations, reinforcing the role of pharmacy in driving primary care innovation.


Najdi doors reflect Kingdom’s craft legacy

Updated 29 June 2025
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Najdi doors reflect Kingdom’s craft legacy

Riyadh: The year 2025 has been designated the “Year of Handicrafts” in the Kingdom to reinforce traditional arts and crafts as authentic cultural heritage.

The initiative aims to promote the practice, preservation, documentation and integration of handicrafts into modern life, celebrating a cultural legacy central to national identity, a Saudi Press Agency report said.

It seeks to support artisans, enhance their skills and prevent traditional crafts from disappearing. It emphasizes manual crafts made using simple tools, without modern technology.

Prominent crafts include Sadu weaving, mud building, wood carving, pottery, hand embroidery, and palm frond products such as baskets and mats.

Engraving on doors with Najdi motifs is another traditional art for which the Najd region is renowned, the SPA reported.

Artisan Ali Al-Jasser, known for Najdi door engraving, shared his journey from basic wooden installations to intricate three-dimensional pieces blending tradition with contemporary art.

He noted regional variations — at Najdi in the center, Al-Qatt Al-Asiri in the south, Rawashin in the west, Bab Al-Bahr in the east, and Sadu in the north.

Another artisan, Nouf Al-Suwailim, highlighted that Najdi door engravings were key elements of traditional Najdi architecture, reflecting its cultural and urban identity.

She described the doors’ elegant designs, featuring geometric and floral patterns enhanced by decorative iron nails.


Contest boosts Qur’an apps with tech innovation

Updated 29 June 2025
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Contest boosts Qur’an apps with tech innovation

  • Ayathon brings together programmers, designers, researchers and Islamic scholars to develop digital tools supporting memorization, recitation and reflection on the Qur’an

RIYADH: Ayathon, a Qur’an-focused app development hackathon organized by the Programmers Association, recently concluded in Riyadh.

Abdulaziz Al-Oraij, chairman of the association, described Ayathon as an initiative to use modern technology to serve the Holy Qur’an and improve the digital experience for users worldwide.

He added that Ayathon brings together programmers, designers, researchers and Islamic scholars to develop digital tools supporting memorization, recitation and reflection on the Qur’an.

“It aims to empower Qur’anic communities with interactive tools,” Al-Oraij said.

Mohammed Al-Wadee, chairman of the hackathon’s committee, said the event seeks to improve Qur’anic apps and develop technology that aligns with Islamic values.

He added that the event promotes integrating technologies like artificial intelligence, augmented reality and user experience design into sustainable projects.

Maha Al-Atwi, chair of the technical committee, said Ayathon combines technical creativity and intellectual depth to motivate participants, and enhance results through interdisciplinary collaboration.

She added that using technologies like AI and data analytics helps create digital solutions meeting diverse user needs and offering a quality Qur’anic experience for the digital generation.

The judging panel includes international experts in technology and Islamic studies, ensuring projects are evaluated on innovation, quality and meaningful content, Al-Atwi said.