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First Joint Conference between Saudi, UAE Bank Officials Kicks off in Riyadh

A general view of Riyadh, Saudi Arabia. (SPA)
A general view of Riyadh, Saudi Arabia. (SPA)
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First Joint Conference between Saudi, UAE Bank Officials Kicks off in Riyadh

A general view of Riyadh, Saudi Arabia. (SPA)
A general view of Riyadh, Saudi Arabia. (SPA)

The first joint conference between bank officials in Saudi Arabia and the United Arab Emirates (UAE) kicked off in Riyadh on Sunday, reported the Saudi Press Agency.

The conference is organized by the Saudi Arabian Monetary Authority (SAMA) in cooperation with the Central Bank of the United Arab Emirates.

The conference was inaugurated in the presence of the Governor of Saudi Arabian Monetary Authority Dr. Ahmed Abdulkarim Alkholifey and UAE Central Bank Governor Mubarak Rashed AlMansoori.

The event was attended by several experts and interested parties from both countries.

The conference is an opportunity for bank officials from Saudi Arabia and the UAE to discuss and identify key challenges and opportunities in areas with international importance and impact on the banking sector.

Alkholifey said that the Kingdom is the UAE’s fourth largest trading partner in the world, and the first in the Gulf and the Arab region. Remittances to the UAE during the first six months of 2019 amounted to about 71 billion riyals, while the value of remittances received during the same period amounted to 20 billion riyals.

The conference highlighted the most critical challenges and opportunities facing the banking sector in both countries in the fields of cybersecurity, financial awareness and financial technology, and supporting small and medium enterprises.

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Coordination Committee Seeks to Promote Bahraini-Saudi Tourism Exhibitions

Sara Ahmed Buhijji, CEO of Bahrain Tourism and Exhibitions Authority 
Sara Ahmed Buhijji, CEO of Bahrain Tourism and Exhibitions Authority 
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Coordination Committee Seeks to Promote Bahraini-Saudi Tourism Exhibitions

Sara Ahmed Buhijji, CEO of Bahrain Tourism and Exhibitions Authority 
Sara Ahmed Buhijji, CEO of Bahrain Tourism and Exhibitions Authority 

Sara Ahmed Buhijji, CEO of Bahrain Tourism and Exhibitions Authority, revealed the formation of a committee dedicated to coordinating exhibitions, conferences, and tourism events between Manama and Riyadh, with the aim to maximize mutual benefits for both countries in the sector.
Buhijji was speaking on the sidelines of the 9th UNWTO Forum on Gastronomy Tourism, held in Bahrain from November 18-19.
The event, which is taking place for the first time in the Middle East, is organized by the Bahrain Tourism and Exhibitions Authority, the UN World Tourism Organization, and the Basque Culinary Center.
According to Buhijji, Bahrain and Saudi Arabia are promoting a shared tourism product, given their geographical proximity and close ties. Visitors to Manama can easily travel to Saudi Arabia, either via the King Fahd Causeway—reaching the Eastern Province in less than 20 minutes—or by air, with a flight to Riyadh taking approximately 30 minutes.
She also highlighted a targeted effort to attract tourists from five key countries, including GCC nations, with a particular focus on Saudi Arabia as one of the largest sources of visitors to Bahrain.
Buhijji emphasized the significance of hosting the 9th UNWTO Forum on Gastronomy Tourism in the Middle East, which has attracted over 650 participants from 59 countries, including the GCC.
She noted that hosting such a prominent event demonstrates Bahrain’s capability to attract large-scale events, thanks to its robust infrastructure, numerous hotels, and Bahrain International Airport’s capacity to handle a significant number of visitors.