Dominican Republic gives backing to Saudi Arabia Expo 2030 bid

The Saudi delegation consisted of more than 60 people from the energy, construction, tourism, real estate, medical care, food and beverage, banking and finance, petrochemical, pharmaceutical, legal, aviation, mining, and industry sectors.(Supplied)
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Updated 29 April 2023
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Dominican Republic gives backing to Saudi Arabia Expo 2030 bid

  • Bilateral trade between the two countries exceeded $126 million over the last seven years
  • Dominican Government to support Saudi Arabia in its candidacy for the World Expo 2030

Santo Domingo: Vice President of the Dominican Republic Raquel Pena, who also chairs the Investment Promotion Cabinet, organized a meeting between representatives of Saudi Arabia and the Dominican Republic on Friday, during which they discussed business projects and opportunities.

During the meeting, the vice president announced that the Dominican Government will support Saudi Arabia in its candidacy for the World Expo 2030.

She described the meeting as “an ideal opportunity” to work together and promote a joint agenda to boost bilateral trade and facilitate access to new markets.

During the meeting, Pena showcased investment opportunities in the Dominican Republic to the Saudi delegation. Last year, the Dominican Republic attracted over $4 billion in investments — a record for the country, and a 25-percent increase on 2021.

“We are proactively looking for new business opportunities between our two countries, and we are aiming at facilitating and increasing the exchange of strategic data for business cooperation, in an environment favoring political and macroeconomic stability as well as legal confidence. Accordingly, this event represents an unparalleled opportunity to join efforts based on one practical agenda and to promote higher levels of bilateral cooperation on the scientific, cultural and educational levels,” Pena said.

The meeting was also attended by the Dominican Export and Investment Center (ProDominicana) and the Saudi Ministry of Investment, represented by vice minister Badr Al-Badr.

ProDominicana’s executive director, Biviana Riveiro Disla, said that it is vital for the Dominican Republic to strengthen commercial ties with a country like Saudi Arabia. Disla stated that, over the last seven years, bilateral trade between the two countries exceeded $126 million. She confirmed that ProDominicana is interested in exploring new ways to expand the exchange of goods and investments through the Single Investment Window.

The Saudi delegation consisted of more than 60 people from the energy, construction, tourism, real estate, medical care, food and beverage, banking and finance, petrochemical, pharmaceutical, legal, aviation, mining, and industry sectors.

The meeting was also attended by officials from the ministries of energy, economy and tourism, the Saudi Fund for Development and the Royal Commission of Riyadh City, and business leaders and government representatives from the Dominican Republic.


Body of Saudi boy who fell into river in Turkiye recovered

Updated 31 May 2025
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Body of Saudi boy who fell into river in Turkiye recovered

  • The body was recovered following an extensive six-day search by Turkish rescue teams
  • Media reports said the boy, 9, fell into Haldizen Creek during a family holiday in Trabzon

BEIRUT: Search and rescue teams in Turkiye recovered the body of a nine-year-old Saudi boy on Saturday morning, six days after he reportedly fell into Haldizen Creek in Uzungol region.

The Saudi Embassy in Turkiye confirmed in a statement on X that the body of the boy was recovered following extensive searches by Turkish rescue teams over the past few days, and that the required procedures are underway in coordination with the family and the pertinent authorities.

The boy, who media reports have identified as Faysal Ramzi Al-Sheikh, is believed to have been spending a holiday with his family in Trabzon province when he went missing.

It was reported that he was beside one of the steep banks of the creek when he slipped into the river due to heavy rainfalls which had upped the level of the river water.

In its statement on X, the Saudi Embassy said: “May God have mercy on him … the embassy, in coordination with his family and the competent Turkish authorities, will complete the required procedures.”

It expressed its deep condolences to the family, adding it “sincerely thanks the Turkish authorities for their great efforts in searching for the deceased … and recovering his body.”


Madinah leads Saudi organic aromatics market

Updated 31 May 2025
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Madinah leads Saudi organic aromatics market

  • The report outlined cultivated areas, with Madinah leading at 37 hectares
  • Madinah mint was identified as the region’s most prominent organic aromatic plant

RIYADH: Madinah has solidified its position as the Kingdom’s largest producer of organic aromatic plants, contributing 78 tonnes — 26.4 percent of the national total of 296 tonnes.

This reflects the region’s strong agricultural productivity and its key role in medicinal and aromatic plant cultivation, the Saudi Press Agency reported.

A recent report by the Madinah Chamber of Commerce detailed the national landscape, showing Qassim as the second-largest producer with 15.9 percent, followed by Riyadh with 14.9 percent and Jazan with 14.7 percent.

Together, these four regions account for approximately 72 percent of the Kingdom’s total organic medicinal and aromatic plant production, the SPA reported.

The report outlined cultivated areas, with Madinah leading at 37 hectares, followed by Qassim with 36, Riyadh with 35, and Jazan with 34 hectares — underscoring strong regional competition in the sector.

Madinah mint was identified as the region’s most prominent organic aromatic plant, valued for its strong aroma and distinctive flavor, according to the SPA.

Its cultivation is deeply rooted in the region’s agricultural heritage and presents attractive investment opportunities at various scales.

Other aromatic plants grown in Madinah include basil, henna, and moringa.

The report also highlighted broader investment opportunities within the aromatic plant production sector.


Saudi Arabia to provide financial support for Syrian state employees: Prince Faisal

Updated 4 min 54 sec ago
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Saudi Arabia to provide financial support for Syrian state employees: Prince Faisal

  • Kingdom to remain one of main backers to Syria in path for reconstruction and economic recovery, FM said
  • Several visits to follow in coming days by Saudi businessmen to Syria to discuss investments

DAMASCUS: Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan said on Saturday that the Kingdom will offer with Qatar joint financial support to state employees in Syria.

His statements came during a joint press conference with his Syrian counterpart Asaad Al-Shaibani in Damascus, who welcomed the foreign minister and his delegation on his arrival in the Syrian capital.

“The Kingdom will provide, with Qatar, joint financial support to state employees in Syria,” Prince Faisal said.

Syria and Saudi Arabia had previously discussed ways to strengthen bilateral relations in the financial sectors.

Prince Faisal referred to his country’s role in helping to lift economic sanctions on Syria, saying that Saudi Arabia would continue to be one of the main backers to Syria in its path for reconstruction and economic recovery.

He said he was being accompanied with a high-level economic delegation from the Kingdom to “hold talks (with the Syrian side) to bolster aspects of cooperation in various fields.”

Several visits would then follow in the coming days by Saudi businessmen to Syria to discuss investments in energy, agriculture, infrastructure and other sectors, he said.

Prince Faisal also met with interim President Ahmed Al-Sharaa and “the high-level economic delegation” held talks with Syrian officials about ways of cooperating “that contribute to supporting Syria’s economy and strengthen institution building.”

On a visit to Riyadh earlier this month, US President Donald Trump said he would lift US sanctions on Syria, a move that paves the way for economic recovery in the war-torn country.

The European Union also recently lifted economic sanctions on Syria.

In February, Sharaa visited Saudi Arabia in his first trip abroad as president.

Last month, Saudi Arabia and Qatar, another key backer of the new authorities, announced they would settle Syria’s debt to the World Bank totaling roughly $15 million.

Damascus is hoping that the lifting of sanctions, particularly by the United States, will pave the way for support from the international community.

Years of war and sanctions have battered the country’s economy, infrastructure and industry.

A recent United Nations Development Programme report estimated Syria’s “lost GDP” during the 2011-2024 war to be around $800 billion.

Prince Faisal first visited Syria’s new authorities in January.


Kingdom extends aid to global communities

Updated 31 May 2025
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Kingdom extends aid to global communities

RIYADH: Saudi Arabia’s aid agency KSrelief continues to make a significant global impact, providing critical assistance to some of the world’s most vulnerable communities.

In Somalia, KSrelief distributed 1,155 food baskets to displaced and needy families in Baidoa district, Bay region, benefiting 6,930 people.

KSrelief also signed an agreement with the International Wars and Disaster Victims’ Protection Association to operate the third phase of the dialysis center at Banadir Hospital in Mogadishu, benefiting 665 individuals.

In Yemen, the agency distributed 3,471 food packages to the neediest groups in Al-Madinah district, Marib governorate, benefiting 24,297 people.

KSrelief signed an agreement with a civil society organization to distribute 800 tonnes of dates in Chad. The $2 million initiative aims to support vulnerable families across several regions and is expected to benefit about 500,000 people.

The agency implemented the two-week Saudi Noor program in Burkina Faso to combat blindness and related diseases. KSrelief’s medical team examined 8,000 individuals, distributed 2,000 eyeglasses, provided medication to 3,886 patients, and performed 800 surgeries as part of the initiative.

Since its launch in May 2015, KSrelief has implemented 3,438 projects worth more than $7.9 billion across 107 countries, in partnership with more than 318 organizations.


Kingdom arrests 12,129 illegals in one week

Updated 31 May 2025
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Kingdom arrests 12,129 illegals in one week

RIYADH: Saudi authorities arrested 12,129 people in one week for breaching residency, work and border security regulations, the Saudi Press Agency reported on Saturday.

A total of 7,127 people were arrested for violations of residency laws, while 3,441 were held over illegal border crossing attempts, and a further 1,561 for labor-related issues.

The report showed that among the 1,197 people arrested for trying to enter the Kingdom illegally, 63 percent were Ethiopian, 34 percent Yemeni, and 3 percent were of other nationalities.

A further 90 people were caught trying to cross into neighboring countries, and 18 were held for involvement in transporting and harboring violators, the SPA reported.

The Ministry of Interior said that anyone found to be facilitating illegal entry to the Kingdom, including providing transportation and shelter, could face imprisonment for a maximum of 15 years, a fine of up to SR1 million ($260,000), as well as confiscation of vehicles and property.

Suspected violations can be reported on the toll-free number 911 in the Makkah and Riyadh regions, and 999 or 996 in other regions of the Kingdom.