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Saudi Arabia Approves New Center to Promote Infrastructure in Riyadh

The Saudi government aims for Riyadh to be among the top 10 largest city economies in the world. (Asharq Al-Awsat)
The Saudi government aims for Riyadh to be among the top 10 largest city economies in the world. (Asharq Al-Awsat)
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Saudi Arabia Approves New Center to Promote Infrastructure in Riyadh

The Saudi government aims for Riyadh to be among the top 10 largest city economies in the world. (Asharq Al-Awsat)
The Saudi government aims for Riyadh to be among the top 10 largest city economies in the world. (Asharq Al-Awsat)

The Saudi cabinet’s approval on Tuesday of the establishment of the Infrastructure Projects Center in Riyadh region will boost the city's competitiveness, transforming it into a destination for international companies with major investment flows.

Prince Mohammed bin Salman, Crown Prince, Prime Minister and Chairman of the Royal Commission for Riyadh City (RCRC), revealed in January 2021 the plan for Riyadh to be one of the world's top 10 largest city economies.

Riyadh Mayor Prince Faisal bin Ayyaf explained that the center will help in organizing the work of various projects in Riyadh, promoting the quality of work, preserving the infrastructure, and keeping pace with the significant development in the capital.

Regional headquarters

Head of Amaken International Group Economist Khaled al-Jasser believes the center is essential in improving the infrastructure for projects in Riyadh to align with the Kingdom's plans to become a regional commercial hub.

Jasser told Asharq Al-Awsat that Riyadh is a destination for international companies with huge investment flows.

He added that Riyadh recently witnessed the opening of several regional headquarters for international companies, noting that the Saudi economy enjoys an international level of confidence to be the most attractive regional destination for investments.

Jasser pointed out that Saudi Arabia consolidated economic cooperation with various countries by stimulating the public and private sectors and exchanging visits between business owners.

He noted that establishing the center is an application of an economic vision in diversifying sources of income, achieving the Riyadh strategy, and boosting the country's position as an international investment destination.

According to the expert, establishing the Infrastructure Projects Center will provide thousands of job opportunities and strengthen the foreign investment market.

Business organization

Real estate expert and CEO of Menassat Realty Khaled al-Mobid believes the center provides a unified operating model for organizing business and improving the quality of its implementation.

He told Asharq Al-Awsat that the center's goals keep pace with Riyadh's status and its prosperous future, achieving the government's aspirations and quality targets based on Vision 2030.

He noted that predictions point to major future projects will be carried out in Riyadh to help it become one of the world’s top city economies, boosting economic growth and urban renaissance.

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FAO Aims for Key Outcomes at COP16 in Saudi Arabia

Preparations in the Saudi capital ahead of hosting the COP16 conference on combating desertification (from the “COP16” page on the X platform)
Preparations in the Saudi capital ahead of hosting the COP16 conference on combating desertification (from the “COP16” page on the X platform)
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FAO Aims for Key Outcomes at COP16 in Saudi Arabia

Preparations in the Saudi capital ahead of hosting the COP16 conference on combating desertification (from the “COP16” page on the X platform)
Preparations in the Saudi capital ahead of hosting the COP16 conference on combating desertification (from the “COP16” page on the X platform)

Dr. Abdul Hakim Elwaer, Assistant Director-General of the Food and Agriculture Organization (FAO), stated that the organization will take an active role at COP16, the UN conference on combating desertification, scheduled to take place in Saudi Arabia in early December.

In remarks to Asharq Al-Awsat, he expressed confidence that the conference—the first of its kind in the Middle East—would produce significant outcomes.

Elwaer’s comments came during a roundtable organized by FAO’s regional office in Cairo, attended by a select group of media representatives. The session focused on FAO’s participation in the upcoming conference and the importance of the Rio Trio —the integrated framework of the three major UN conventions addressing climate change, biodiversity conservation, and desertification.

Fida Haddad, FAO’s Program Officer for Land Rehabilitation and Climate Change, highlighted the interconnectedness of the three conventions and noted that COP16 would place a strong emphasis on land and water rehabilitation and their sustainable management.

Haddad pointed out that approximately 90% of the Middle East is affected by arid conditions. Despite this, local communities and Arab governments have made notable progress in addressing desertification and drought. She also announced that, for the first time, FAO has successfully placed food systems on the COP16 agenda, enabling discussions on how land rehabilitation can enhance food supply chains and systems.

Elwaer underscored FAO’s central role in achieving the second Sustainable Development Goal (SDG): eradicating hunger. He emphasized that FAO actively engages in the UN conventions on climate change, biodiversity, and desertification, which collectively contribute to this mission.

FAO’s focus, according to Elwaer, is on transforming food and agricultural systems to become more inclusive, efficient, and sustainable, aiming for better production, nutrition, and livelihoods. He highlighted the organization’s success in integrating these priorities into the agendas of the three conventions and collaborating with host countries on joint initiatives.

He further noted that Saudi Arabia’s hosting of COP16 is particularly significant for the region, which faces pressing challenges such as water scarcity, desertification, and food insecurity. The conference presents an opportunity for Middle Eastern nations to highlight these issues, explore solutions, and ensure their inclusion in global environmental discussions, not only at this event but in future COP sessions, he underlined.

Elwaer emphasized the growing global attention on desertification, as it is now impacting regions previously unaffected, such as southern Europe and parts of Latin America. These areas are witnessing alarming declines in arable land and forests, prompting them to seek lessons from the Arab world, which has developed resilience strategies to combat desertification over centuries.

FAO will have a strong presence at COP16, with two dedicated pavilions—one in the Blue Zone for official delegations and another in the Green Zone to engage civil society and conference participants, he said.

He added that in collaboration with Saudi Arabia and the UN, FAO will lead coordination on Food Day and Governance Day, scheduled for December 5 and 6, respectively. The organization will also participate in other specialized sessions throughout the conference.