Saudi, Japan discuss ties at Vision 2030 business forum in Tokyo

Saudi, Japan discuss ties at Vision 2030 business forum in Tokyo
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Saudi Arabia-Japan Vision 2030 Business Forum set to discuss ways to boost trade, investment and cultural ties. (Supplied)
Saudi, Japan discuss ties at Vision 2030 business forum in Tokyo
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Saudi Arabia-Japan Vision 2030 Business Forum set to discuss ways to boost trade, investment and cultural ties. (Supplied)
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Updated 21 May 2024
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Saudi, Japan discuss ties at Vision 2030 business forum in Tokyo

Saudi, Japan discuss ties at Vision 2030 business forum in Tokyo
  • Focus on mutual investment growth, says Saudi official
  • Manufacturing, entertainment and health are key areas

TOKYO: The Saudi Arabia-Japan Vision 2030 Business Forum took place in Tokyo on Tuesday with over 300 industry officials and leaders discussing ways to boost trade, investment and cultural ties.

In her keynote speech, Sara Al-Sayed, Saudi Arabia’s deputy minister of international partnerships at the Ministry of Investment, outlined plans for further collaboration between the two nations.

“Under the Saudi-Japan Vision 2030, we aim to take this partnership to a new level,” she said. “We want to leverage our mutual strengths, drive sustainable mutual economic growth, enhance technological innovation, and promote cultural exchange. We will be able to unlock the potential to expand the Japan partnership to be a key driver of growth.”

She added: “We have noticed in the last decade the strength of the partnership between Saudi Arabia and Japan. Over the last decade alone, the number of companies that have been established in Saudi Arabia by the Japanese has doubled and we have over 50 headquarters that have been established in Saudi Arabia. This forum will act as a catalyst to accelerate this growth and translate interest into investment.”

Saudi Arabia’s Minister of Investment Khalid Al-Falih, Minister of Energy Prince Abdulaziz bin Salman Al Saud and Japan’s Minister of Economy, Trade and Industry SAITO Ken attended the forum, each giving a speech commemorating the relationship between the two nations. 

Saito said the Japanese government will extend its maximum support to expand business with Saudi Arabia, while Prince Abdulaziz said the Kingdom “will bring collaborations to the forefront and will make sure that in all of the forums, we advocate the same aspirations in the national transition process attending to energy requirements.”

Al-Falih said in his closing remarks that the Kingdom’s non-oil income has “doubled and is looking for an accumulated investment of over $3 trillion that offers big chances to Japanese.”

He added that Saudi Arabia has a “bubble of projects as it will host expo 2030 in Riyadh.”

Saudi Arabia will also host the Winter Olympics in NEOM, and the World Cup 2034, that offers investment chances for the Japanese companies to participate, he explained.

Sessions at the forum included “Forging stronger manufacturing collaboration between KSA and Japan,” “Collaboration in the new era of sustainability and circular economy,” “Reinventing entertainment and gaming industries across borders,” and “Expanding the area of cooperation in healthcare.”

Additionally, the forum hosted a “Digital Entertainment Roundtable,” to discuss Saudi Arabia’s efforts to build a local gaming industry, which includes localizing Japanese games for the Saudi market, collaborating with esports tournament organizers, and investing in the digital entertainment sector. 

Saudi Arabia’s Minister of Communications and Information, Abdallah Alswaha, and Minister of Investment attended the roundtable, with the former giving a short speech during the opening. 

Saudi Arabia’s gaming sector is expected to grow to 1.3 billion dollars in the next two years, with 58 gaming companies operating in the Kingdom. 67% of Saudi Arabia’s population (around 24.8 million people) are active video game players.  

The Kingdom will be hosting this year’s Esports World Cup in July and will be giving away approximately $60 million in prize money to further grow the gaming sector.

Saudi Arabia has previously collaborated with Japanese companies, which have provided the Kingdom with expertise, knowledge, and cutting-edge technologies to improve the overall quality of projects and elevate the reputation of the digital entertainment industry.     


Saudi Arabia’s king, crown prince express their condolences after Washington air crash

Emergency response units search the wreckage of an American Airlines plane on the Potomac River after it crashed. AFP
Emergency response units search the wreckage of an American Airlines plane on the Potomac River after it crashed. AFP
Updated 30 January 2025
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Saudi Arabia’s king, crown prince express their condolences after Washington air crash

Emergency response units search the wreckage of an American Airlines plane on the Potomac River after it crashed. AFP
  • King Salman offered his condolences to Trump, the families of the victims, and the American people
  • Crown Prince Mohammed bin Salman sent a similar cable separately

RIYADH: Saudi Arabia’s king and crown prince sent cables of condolences on Thursday to US President Donald Trump after an American Airlines passenger jet collided with an army helicopter on Wednesday.

At least 28 bodies were pulled from the icy waters of the Potomac River after the helicopter apparently flew into the path of the jet late Wednesday as it was landing at Ronald Reagan National Airport near Washington, officials said.

King Salman offered his condolences to Trump, the families of the victims, and the American people. Crown Prince Mohammed bin Salman sent a similar cable separately.

The plane was carrying 60 passengers and four crew. Three soldiers were aboard the helicopter. At a press conference at the White House, Trump said that there were no survivors from the crash.

The plane was found upside-down in three sections in waist-deep water and the helicopter wreckage was also found.


Artificial intelligence is redefining human relationship to work, says Takamol CEO

Artificial intelligence is redefining human relationship to work, says Takamol CEO
Updated 30 January 2025
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Artificial intelligence is redefining human relationship to work, says Takamol CEO

Artificial intelligence is redefining human relationship to work, says Takamol CEO
  • More than half of employees think that their job is at risk because of AI
  • “Technology should complement our intelligence, not replace it,” says Al-Yamani

RIYADH: Technology has fundamentally redefined the relationship between humans and work over the past two decades, presenting both immense opportunities and unprecedented challenges, Ahmad Al-Yamani, CEO of Takamol, told Arab News.

Al-Yamani said: “Technology should complement our intelligence, not replace it,” emphasizing the urgency of preparing the workforce for this transformation.

He cited research from the Global Labor Market Conference, which found that employees worried that technological advances were disrupting the job market: “More than 50 percent of workers surveyed across 14 countries fear their skills could become partially or fully obsolete within the next five years.”

For Saudi workers, 23 percent expressed concerns that computers and robots might replace their jobs. However, Al-Yamani claimed that this evolution provided a pivotal opportunity to adapt and innovate alongside advanced technologies.

He spoke about how the use of technology was spreading and “taking over various aspects of our lives.”

Al-Yamani called for a comprehensive overhaul of skills and education systems, warning that the current workforce was ill-prepared for the pace of technological change.

“We must reprioritize education to prepare for an economy that will eventually no longer exist,” he said, advocating for proactive policies to prevent economic instability and ensure inclusivity.

The CEO highlighted the pressing need to embrace the discomfort of change brought about by rapid technological advancement, while posing a critical question: “Are we going to allow AI to amplify inequality, or will we utilize it to level the playing field?”

Al-Yamani said that the answer depended on the boldness of actions taken today: “Those who adapt will ultimately thrive.”

On the rise of generative AI, he said that this technology had shifted from being a supportive tool to becoming a creator. “With generative AI, machines are producing works such as movies, books and paintings that feel almost human.”

Despite AI’s capabilities, Al-Yamani stressed the irreplaceable value of genuine human connection.

“We need to invest in relationships and a healthier, more interactive society,” he said, suggesting initiatives such as reducing the work week to four days to strengthen social bonds.

He warned: “Without strong social connections, we risk isolation, subordination to machines and losing what truly makes life meaningful.”

Al-Yamani addressed the uncertainty surrounding the pace of AI’s transformation: “AI might reshape everything in five years, or several decades, we aren’t exactly sure.” Despite this unpredictability, he emphasized a clear path forward; investing in humanity.

Looking ahead, Al-Yamani emphasized the importance of collaboration among global labor stakeholders to address these challenges. Platforms such as the GLMC provided critical spaces where governments, employers and workers could align their priorities.

“Workers want fair opportunities and security, governments seek stability, and businesses strive for innovation and growth. These priorities are interconnected,” he said, calling for unified efforts to craft meaningful solutions.

Al-Yamani said that in a time of rapid technological change, “collaboration remains our most powerful tool to secure a better, more equitable future.”


An inside look at the operations center keeping Riyadh Metro running smoothly

An inside look at the operations center keeping Riyadh Metro running smoothly
Updated 30 January 2025
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An inside look at the operations center keeping Riyadh Metro running smoothly

An inside look at the operations center keeping Riyadh Metro running smoothly
  • Hundreds of employees in constant communication with city’s commuters
  • Networks covered 24/7 by more than 14,000 security camera

RIYADH: The Riyadh Metro has been buzzing with passengers ever since its launch in December, reaching its full operational capacity with the inauguration of the Orange Line earlier this month and marking a grand milestone for the capital’s urbanization strategy.

Arab News got a look inside the Riyadh Public Transport Control Center, located west of Princess Nourah bint Abdulrahman University.

The center hosts 600 employees who oversee the management of three vital parts of the transportation system: the Riyadh Metro, Riyadh Bus, and the advanced traffic control system.

So how does the center contribute to improving everyday users’ experiences?

A spokesperson said that the center received more than 10,000 calls daily via the unified network number (19933), which is designated for inquiries, complaints, suggestions, and calls about missing items.

Operators are in constant communication with the people of Riyadh who use public transport, and they work to keep the system running smoothly.

Safety is a priority for the Transport General Authority. All of the city’s public transport systems are monitored 24/7 through more than 14,000 security cameras that are distributed across the network.

These cameras are equipped with facial recognition technologies which monitor and analyze the use of public transport and inform the authorities immediately in case of any incidents.

In the event that a commuter loses any personal property, the user must contact the Riyadh Public Transport Control Center through the unified number, and a special complaint ticket will be issued and sent via email or text.

They can use the number to follow up on any updates regarding the complaint until the lost item is retrieved.

Planning for the metro system began back in 2012, and aimed at enhancing mobility and providing comfort for users, residents, and visitors of Riyadh.

The Riyadh Metro includes 85 stations and extends a distance of 176 km across six tracks.

Riyadh’s bus network consists of 87 routes across the city using 842 vehicles with some 3,000 service stations.

The traffic control system also oversees 650 road intersections, monitoring and managing the flow of traffic.

The Riyadh Bus system has transported 50 million passengers in the last year.


Muslim World League chief in talks with Italian leader

Muslim World League chief in talks with Italian leader
Updated 30 January 2025
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Muslim World League chief in talks with Italian leader

Muslim World League chief in talks with Italian leader
  • Mohammed bin Abdulkarim Al-Issa thanks Sergio Mattarella for supporting Palestinian rights, two-state solution
  • Extremism, whatever its source, does not represent values that religions call for, Mattarella says

RIYADH: Secretary-General of the Muslim World League Dr. Mohammed bin Abdulkarim Al-Issa met with Italian President Sergio Mattarella at the Presidential Palace in Rome.

During the meeting, the contributions of religion to global peace efforts and enhancing friendship between people were discussed.

Al-Issa said that Islam called for mutual understanding between nations and people, respect for human dignity, and peaceful coexistence, according to a statement.

He thanked the president for his position on Palestinian rights, especially his support for the two-state solution.

The Italian leader voiced his appreciation for the MWL’s efforts to promote religious and cultural peace, praising the values of Islam in this regard.

Mattarella said that extremism, whatever its source, represents only itself, and does not represent the cultural values called for by religions.


Saudi FM receives phone call from Russian counterpart

Saudi Foreign Minister Prince Faisal bin Farhan received a phone call from his Russian counterpart Sergey Lavrov on Thursday.
Saudi Foreign Minister Prince Faisal bin Farhan received a phone call from his Russian counterpart Sergey Lavrov on Thursday.
Updated 30 January 2025
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Saudi FM receives phone call from Russian counterpart

Saudi Foreign Minister Prince Faisal bin Farhan received a phone call from his Russian counterpart Sergey Lavrov on Thursday.

RIYADH: Saudi Foreign Minister Prince Faisal bin Farhan received a phone call from his Russian counterpart Sergey Lavrov on Thursday, Saudi Press Agency reported.

During the call, the two officials reviewed relations between their countries. They also discussed regional developments and exchanged views on them.