In a phone call with Mikdad, Velayati offers condolences on martyrs of Military Academy

Minister of Foreign Affairs and Expatriates, Dr. Fayssal Mikdad, received a phone call from Iran’s Supreme Leader’s adviser Ali Akbar Velayati , in which he offered condolences to the Syrian people due to terrorist attack on the Military Academy in Homs.

Velayati affirmed that his country supports Syria in its affliction and it is ready to provide all kinds of assistance to support it and to fight terrorism and those behind it, including United States, the West, and the Zionist entity.

Mikdad ,for his psrt, thanked Velayati and Islamic Republic of Iran for their supportive stances on Syria , stressing that the need is to move forward in Syria and Iran’s confrontation of the enemies’ schemes of the people, the first one is the Zionist entity that is now striking Gaza, and committing war crimes against humanity with the support of the colonial West and its terrorist tools.

Source: Syrian Arab News Agency

Riyadh International Book Fair Concludes Activities Having been Visited by Over One Million People

The Riyadh International Book Fair 2023 concluded its activities yesterday after a successful 10-day run at King Saud University in Riyadh.

More than a million visitors from various parts of the Kingdom and abroad attended the fair, which had the theme “An Inspiring Destination”.

Oman was chosen as the guest of honor for this year’s edition.

Literature, Publishing, and Translation Commission CEO Dr. Mohammed Hassan Alwan said that a vast number of people attended the fair, including writers, intellectuals and speakers from various fields, adding that the turnout resulted in a significant increase in the revenue of the participating publishing houses. Over 1,800 publishing houses from 32 countries participated with 800 pavilions.

Alwan emphasized that the results achieved by the Riyadh Book Fair 2023 are on par with past successes, and reinforce its position as a cultural interface for Saudi Arabia that promotes creativity and culture among Arab and international communities.

He credited the success of the fair to the National Strategy for Culture, whose goals are to enrich content, reach local and global audiences, encourage reading, nurture competition, and raise awareness for the purpose of improving the quality of life, all in line with the Kingdom’s Vision 2030.

Alwan stressed that the organizational skills and knowledge development will be present in future editions of the fair, as instructed by Minister of Culture Prince Badr bin Abdullah bin Farhan.

The upcoming editions will work to provide solutions to any potential challenge, to enrich the experience of visitors, through different events, showcase new works and use technological developments.

The fair was held on an area of over 55,000 square meters; cultural bodies and institutions, and global publication houses participated, displaying rare books, manuscripts and paintings.

The cultural program of the fair included over 200 events and activities, like interactive symposiums, poetry evenings that included a selection of poets and Nabati poetry, workshops in various fields of knowledge, theatrical performances of Saudi and international plays, concerts, and a “book talk” event that hosted influential thinkers and authors.

For the first time, the fair organized a children’s competition of poetry delivery, during which children enjoyed the experience of reading poetry in front of the audience and learned poetry-writing skills, which helped them become more self-confident and enhanced their language skills.

Source: Saudi Press Agency

Minister of Foreign Affairs Holds Talks with Croatian Minister of Foreign and European Affairs

Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah met today in Riyadh with Minister of Foreign and European Affairs of the Republic of Croatia Gordan Grlic Radman.

The two sides discussed ways to strengthen and develop their relationship, as well as the latest developments and efforts exerted to address them.

The two ministers also discussed means of intensifying consultative meetings, at bilateral and multilateral levels, to serve the interests of the two countries.

Deputy Minister for Political Affairs Ambassador Dr. Saud Al-Sati and Saudi Non-Resident Ambassador to Croatia Osama Al-Ahmadi attended the meeting.

Source: Saudi Press Agency

KSrelief Signs Agreement to Implement Voluntary Programs outside Kingdom

King Salman Humanitarian Aid and Relief Center (KSrelief) today signed a cooperation agreement with the International Wars and Disasters Victims Protection Association to implement voluntary programs outside the Kingdom of Saudi Arabia. KSrelief Assistant Supervisor General for Planning and Development Aqeel Al-Ghamdi represented the center in the agreement that was signed at KSrelief headquarters in Riyadh.

The agreement is a significant step towards the Kingdom of Saudi Arabia’s commitment to implementing voluntary programs in various beneficiary countries worldwide, through its esteemed humanitarian arm, KSrelief.

Source: Saudi Press Agency

Saudi, Omani Culture Ministries Sign MoU for Cooperation

Saudi Minister of Culture Prince Badr bin Abdullah bin Farhan and Omani Minister of Culture, Sports and Youth Sayyid Dhi Yazin bin Haitham al-Said have signed a memorandum of understanding (MoU) to boost cooperation and cultural exchange in various fields.

The MoU stipulates, among others, developing Saudi-Omani cultural cooperation in the fields of heritage, architecture and design arts, visual and performing arts, literature, books and publishing, language and translation, fashion, Islamic decoration, traditional culinary arts, and cinema. It also entails exchanging expertise regarding the regulations, organizations and policies governing the cultural sector, as well as implementing agreements they had reached with UNESCO.

It also includes participating in festivals and cultural events held by the two countries, facilitating communication between cultural entities and intellectuals, carrying out joint strategic projects in various cultural fields, art residency programs for representatives of government and private institutions, and execution of projects related to the preservation of heritage.

The memorandum was signed to promote international cultural exchange, which is one of the strategic goals of Saudi Vision 2030.

Source: Saudi Press Agency

Fintech Forward 2023 set to feature Binance CEO

As Bahrain gears up to host the inaugural Fintech Forward 2023 (FF23) on October 11-12, at Exhibition World Bahrain, yet another exciting speaker has been announced for day one, which will be programmed by Economist Impact.

Changpeng Zhao, known as CZ, founder and Chief Executive Officer (CEO) of Binance, one of the world’s most important cryptocurrency firms, is scheduled to weigh in on the potentially disruptive effect of cryptocurrencies in a session that analyses the potential for crypto to become a pillar of the finance and world economies.

The exclusive interview with the Binance founder and CEO will be conducted by Alice Fulwood, a Wall Street correspondent at The Economist, delving into the revolutionary world of crypto technologies and blockchain in a timely and insightful discussion that will speculate the ability of cryptocurrency to be adopted as a bedrock of modern finance and economics, and overcome hurdles in the likes of technical speeds and carbon footprint.

Additionally, the one-on-one session will take a deep dive examining the ability of decentralised crypto to gain sufficient market share, shedding light on CZ’s worldly views on what the wise rules of regulatory frameworks and cryptocurrency oversight ought to look like in the future.

Zhao’s interview is set to take place during day one of FF23 on October 11, where the curated transformation-themed agenda promises to challenge traditional financial frameworks with a fresh mindset by bringing together prominent international experts, industry pioneers, and leading executives across finance and fintech in a series of sessions to exchange insights and discuss worldviews on the challenges – and opportunities – that lie ahead. Taking an analytical look at the brave new players attempting to disrupt long-established markets in a world with intensifying global economic pressures in which new advanced technologies and AI-driven solutions are constantly being invented, The Economist-moderated panels will collectively reimagine what the global financial landscape could soon look like.

FF23 will be held under the patronage of the Central Bank of Bahrain (CBB) in partnership with the Bahrain Economic Development Board (Bahrain EDB) and powered by Bahrain Fintech Bay (BFB), featuring a lineup of panel discussions across two days. Anchored by its three themes of Innovation, Regulation and Investment, the first-of-its-kind event will facilitate knowledge exchange, idea generation, and dynamic debates against immersive digital experiences and innovative activations.

The inaugural event aims to establish a realistic, inspired roadmap to drive a new fintech era forward on regional and global levels.

Source: Bahrain News Agency

Bahrain All Share Index marks 1,949.12 points

Bahrain All Share Index has closed at 1,949.12 points marking a decrease of 1.75 points below the previous closing.

This decrease was due to the drop in the Communication Services Sector and Financial Sector.

Bahrain Islamic Index has closed at 735.60 points marking a decrease of 2.24 points below the previous closing.

Results indicated that 55 equity transactions took place with a volume of 1,793,082 worth BD 454,704.

Investors traded mainly in the Financial Sector representing 70.82% of the total value of securities traded.

Source: Bahrain News Agency

Royal Court Minister receives outgoing Egyptian Ambassador

Shaikh Khalid bin Ahmed Al Khalifa, Minister of the Royal Court, received Yasser Mohammed Shaaban, outgoing Egyptian Ambassador to Bahrain.

The minister conveyed the greetings of His Majesty King Hamad bin Isa Al Khalifa, appreciating the ambassador’s efforts in promoting and developing the existing Bahraini-Egyptian relations.

Shaikh Khalid bin Ahmed praised the distinguished ties that received the support of the two leaderships.

He wished the ambassador success in performing his future duties.

Source: Bahrain News Agency

Chief of Staff receives Chief of Public Security

Lieutenant General Theyab bin Saqr Al Nuaimi, Chief of Staff of the Bahrain Defence Force (BDF), received Lieutenant General Tariq bin Hassan Al Hassan, Chief of Public Security.

The meeting reviewed existing cooperation between the BDF and the Ministry of Interior.

Source: Bahrain News Agency

Commander-in-Chief receives Minister of Interior

Field Marshal Shaikh Khalifa bin Ahmed Al Khalifa, Commander-in-Chief of the Bahrain Defense Force (BDF), received General Shaikh Rashid bin Abdullah Al Khalifa, Interior Minister.

The meeting reviewed relations between BDF and the Ministry of Interior and ways to maintain security and stability in Bahrain under the leadership of His Majesty King Hamad bin Isa Al Khalifa, the Supreme Commander of the Armed Forces.

Source: Bahrain News Agency