Bay of Lights’ New Partnership with Annual Investment Meeting Congress Paves Way for Cambodian-Middle East Economic Ties

SIHANOUKVILLE, CAMBODIA – Media OutReach Newswire – 16 March 2024 – Bay of Lights development, Cambodia’s burgeoning financial and tourism beacon, is proud to announce its groundbreaking strategic partnership with the United Arab Emirates’ premier investment platform, the Annual Investment Meeting (AIM) Congress. This partnership marks a pivotal step in bolstering the growing ties between Asia and the Middle East and is set to ignite a dynamic phase in Cambodia’s economic development.
A New Chapter Begins: Signing the Strategic Partnership at Bay of Lights Business Center

After almost a year of negotiations and insightful exchanges, including several visits by AIM’s Director General, this collaboration was formalized amid great anticipation. The milestone agreement was signed at Bay of Lights’ new Business Center in Sihanoukville, presided by Deputy Governor of Preah Sihanouk Province, Em Pheap.

His Excellency Dawood Al Shezawi, President of AIM Congress, as the ceremony’s signatory, highlighted the partnership’s significance. This agreement allows AIM Congress Asia to be hosted at Bay of Lights, Sihanoukville, offering a platform for global investors and government officials to discover Cambodia’s extensive opportunities.

AIM Congress is a leading Middle Eastern investment platform focusing on FDI opportunities, future cities, and SMEs. They have hosted over 10,000 delegates across 175 countries, partnering more than 500 exhibitors to drive economic growth and international ties.

The synergy between Bay of Lights and AIM Congress is poised to channel Middle Eastern investments into the heart of Asia, stimulating unparalleled growth and prosperity. Together, both parties plan to build Sihanoukville’s first international Convention and Exhibition Center within Bay of Lights, an 11-hectare state-of-the-art venue for global conventions and premier events.

This landmark agreement is far from the climax of this collaboration; May this year is set to witness another milestone. In Abu Dhabi, during the AIM Congress 2024, the partners are expected to finalize the joint development agreement, further solidifying their commitment to shaping a flourishing future through innovative development strategies.

About Bay of Lights

Bay of Lights is transforming Sihanoukville, Cambodia’s skyline. With a USD 16 billion investment, this 934-hectare beachfront project includes nine districts embodying six pillars: Financial Services, Tourism, Education, Entertainment & Lifestyle, Health & Wellness, and Art & Culture. It’s designed to create a world-class hub, enhancing sector connectivity and stimulating economic growth.

Ambassador Khaddour: Syria believes that combatting drug trafficking is a joint international responsibility


Vienna, Syria’s permanent representative to the United Nations in Vienna, Hasan Khaddour, said that Syria is making unremitting efforts to combat drug trafficking and smuggling by adopting strategies and plans in this regard.

‘Syria, based on its national and humanitarian responsibility, and in implementation of its international obligations, has supported all means of cooperation in combating drugs and psychotropic substances, and has ratified the international conventions related to combating drugs,’ Ambassador Khaddour said in an official statement during a high-level meeting of the sixty-seventh session of the Commission on Narcotic Drugs.

The Syrian diplomat added that Syria has suffered for more than thirteen years from an unjust terrorist war in which all weapons were used, including drugs when terrorist organizations used them as one of their tools and weapons, and a main source of funding, taking advantage of the complex political and security conditions and the geographical location of the Syrian
Arab Republic.

Ambassador Khaddour stressed that efforts exerted by the authorities concerned in Syria led to thwarting several narcotic smuggling operations and confiscating large quantities of narcotic substances. ‘During 2023, nearly 11,331 cases were seized and 10,024,166 Captagon pills were confiscated,’ he said.

Ambassador Khaddour concluded that the escalation of the drugs problem and the increase in the activity of drug dealers and smugglers make it imperative for us, more than ever before, to double the efforts and find appropriate and effective mechanisms to enhance cooperation, saying ‘Syria continues to implement its national strategy in the coming period from 2024 to 2029, and is open to all forms of cooperation in this regard.’

Source: Syrian Arab News Agency

More than 80 martyrs in the ongoing occupation massacres in Gaza strip


Occupied Jerusalem, More than 80 civilians were martyred and dozens injured, at dawn on Saturday in several massacres perpetrated by Israeli occupation in multiple areas of Gaza Strip.

The Israeli occupation army bombed a (seven-storey) residential building housing displaced persons near al-Shifa Hospital, and multiple homes in al-Nuseirat camp in central strip, resulting more than 80 civilians were martyred and dozens injured, with the majority being children and women, Palestinian media reported.

Yesterday, Israeli occupation committed 13 massacres in Gaza leaving 149 martyrs and 300 injuries, bringing the toll of the ongoing aggression on the Strip since the 7th of last October, according to the latest statistics of the Palestinian Health Ministry, to 31,490 martyrs and 73,439 wounded, while a large number of victims are still under rubble and on the roads due to the occupation preventing the access of ambulance staff and civil defense to them.

Source: Syrian Arab News Agency

Palestinian detainee dies due to ‘medical negligence’ in Israeli prisons


Occupied Jerusalem, A Palestinian prisoner was martyred Saturday in Israeli occupation prisons as a result of the ongoing policy of deliberate medical neglect against detainees.

Palestinian detainee Juma Abu Ghanima, 26, has died in the Israeli prison of Negev due to the deterioration of his health situation and his suffering from diseases as a result of medical negligence, the Detainees and Ex-Detainees Affairs Commission and Palestinian Prisoner’s Society (PPS) said in a statement quoted by Wafa Agency.

Number of prisoners and detainees who have died in Israeli prisons since October 7 to rose 13 martyrs due to torture and medical negligence.

Source: Syrian Arab News Agency

Cuper announces list of Syrian football team players for the 2026 World Cup qualifiers, Myanmar


Damascus, Syrian national football team coach Hector Cuper announced the list of national team players that will play in Myanmar on March 21st and 26th for the 2026 FIFA World Cup and 2027 AFC Asian Cup joint qualifiers.

The list included Ibrahim Alama, Ahmed Madaniyah, Taha Musa, Elias Hadiya, Ayham Owusu, Thaer Kroma, Amr Midani, Moayed Al-Khouly, Moayed Al-Ajan, Abdel-Rahman Wais, Amr Janiyat, Khalil Elias, Mahmoud Dahoud, Ezaquiel Al-Amm, Fahd Al-Youssef, Al-Mar Ibrahim, Ammar Ramadan, Mahmoud Al-Aswad, Daliho Erandest, Noah Chamoun, Ibrahim Hisar, Alaa Al-Dali, and Mardik Mardikian.

Our team will head for Myanmar on Saturday evening in preparation for meeting its national team in the first leg, and will face it again in the Saudi city of Dammam in the return match.

Source: Syrian Arab News Agency

Army units strike terrorist dens in Idleb and Aleppo countryside


Damascus, Units of the army and armed forces working in Idleb and Aleppo countryside, in cooperation with Russian friendly air force, carried out several special military operations in the past 24 hours.

The operations targeted dens of terrorist organizations, fortifications and their different ammunition of armored vehicles, in response to their continued attacks launched against safe towns and villages.

The army tactical operations completely destroyed dens of the terrorists, killed and injured tens of them.

The army units also monitored movements of the terrorists in a number of sites in Idleb countryside, targeted them through drones and eliminated several terrorists.

Source: Syrian Arab News Agency

Twelve citizens martyred in landmine blast left behind by terrorists in Raqqa countryside


Raqqa, Twelve citizens were martyred and eight others were injured in landmine explosions left behind by terrorist organizations in Raqqa southern countryside.

Raqqa Governor Abdul Razzaq Khalifa told SANA reporter that a landmine left behind by terrorists went off, causing the martyrdom of twelve citizens from al-Sharida al-Gharbiyah village, including 11 women, while eight others got injured in another landmine blast during searching for truffles in Rajm al-Ajouz area in the southern desert of Raqqa province.

Source: Syrian Arab News Agency