Princess Maha Bint Mishari: Women, Youth Participation in Labor Productivity Crucial for Human Capital Investment

Princess Maha Bint Mishari, Asharq Al-Awsat
Princess Maha Bint Mishari, Asharq Al-Awsat
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Princess Maha Bint Mishari: Women, Youth Participation in Labor Productivity Crucial for Human Capital Investment

Princess Maha Bint Mishari, Asharq Al-Awsat
Princess Maha Bint Mishari, Asharq Al-Awsat

Saudi Princess Maha Bint Mishari, who is co-leading the migration and young societies task force at the Think 20 (T20) engagement group of the G20, revealed that recommendations presented by her team to the G20 presidency promote increased productivity by investing in human capital.

Proposals by the task force focus on boosting productivity through increasing youth and women involvement.

“Young societies are a necessary and important component at the present time, especially in the Arab region, and specifically in Saudi Arabia, which has a high percentage of youth,” Princess Maha noted.

She also pointed out the importance of raising technical awareness, especially with regard to distance education, and called for building a special infrastructure for distance learning.

Princess Maha, in an interview with Asharq Al-Awsat, said that the T20 taskforce she is overseeing dealt with the file of migration and young societies through the scope of macro and microeconomic policies, unemployment, education, the labor market, intergenerational participation, regional conflicts, and voluntary and forced migration.

Recommendations endorsed by the taskforce, according to Princess Maha, will aid in achieving the social and economic integration of refugees and migrants and help provide basic services and education for migrant and refugee children.

They will also diagnose the social, political and economic impacts of migrants, and migration mechanisms.

As for challenges emanating from demographic change, Princess Maha said that the taskforce had proposed a score of measures that could help.

These measures include extending the retirement age, investing in education, vocational and technical training, expanding the financial framework, as well as considering public spending tax reforms, comprehensive reforms of public pensions, social security and healthcare schemes.

On how to divide global burdens resulting from forced migration, Princess Maha said: “The G20 Protocol on Forced Migration solves the problem of dividing the burdens of forced migration, and guarantees life in safety and dignity.”

She also suggested integrating immigrants through training and education.

This will help bridge the employment gap in host countries where the elderly are predominant in the population.

Princess Maha stressed that investing in the education and training of local immigrants will improve the prospects for their integration.

She called for the establishment of a virtual communication network dedicated to offering advisory services to refugees to facilitate integration in host countries.

This can be achieved through launching refugee portals in which all government educational, medical and legal services are provided.



Capricorn Energy Sees Production Boost, Driven by Growth in Egypt

People run to catch a tram in the coastal city of Alexandria, on February 18, 2026. (Photo by Khaled DESOUKI / AFP)
People run to catch a tram in the coastal city of Alexandria, on February 18, 2026. (Photo by Khaled DESOUKI / AFP)
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Capricorn Energy Sees Production Boost, Driven by Growth in Egypt

People run to catch a tram in the coastal city of Alexandria, on February 18, 2026. (Photo by Khaled DESOUKI / AFP)
People run to catch a tram in the coastal city of Alexandria, on February 18, 2026. (Photo by Khaled DESOUKI / AFP)

Oil producer Capricorn Energy said on Monday it expects higher production in 2026 compared with last year, supported by the expansion of its Egypt operations.

In May, the Scottish company and Egyptian General Petroleum Corporation (EGPC) agreed to merge eight concessions ⁠in Egypt into a ⁠single deal under a joint venture with Cheiron Oil and Gas.

Capricorn expects 2026 production in the range of 18,000-22,000 barrels ⁠of oil equivalent per day (boepd), boosted by the agreement with EGPC and growth in the region.

Capricorn CEO Randy Neely said, "We have entered 2026 with strong momentum as our 2025 exit rate of 21,003 boepd and robust balance sheet ⁠position ⁠us to capitalize on development opportunities on the merged concession."

According to Reuters, Capricorn Energy also said it continues to evaluate M&A opportunities in the UK North Sea, Egypt and general MENA region.

The company forecast 2025 production between 17,000 and 21,000 boepd.


US to Stop Collecting Tariffs Deemed Illegal by Supreme Court on Tuesday

LOS ANGELES, CALIFORNIA - FEBRUARY 20: Shipping containers stand stacked while others rest on truck transport chassis at the Port of Los Angeles on February 20, 2026 in Los Angeles, California. Mario Tama/Getty Images/AFP
LOS ANGELES, CALIFORNIA - FEBRUARY 20: Shipping containers stand stacked while others rest on truck transport chassis at the Port of Los Angeles on February 20, 2026 in Los Angeles, California. Mario Tama/Getty Images/AFP
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US to Stop Collecting Tariffs Deemed Illegal by Supreme Court on Tuesday

LOS ANGELES, CALIFORNIA - FEBRUARY 20: Shipping containers stand stacked while others rest on truck transport chassis at the Port of Los Angeles on February 20, 2026 in Los Angeles, California. Mario Tama/Getty Images/AFP
LOS ANGELES, CALIFORNIA - FEBRUARY 20: Shipping containers stand stacked while others rest on truck transport chassis at the Port of Los Angeles on February 20, 2026 in Los Angeles, California. Mario Tama/Getty Images/AFP

The US Customs and Border Protection agency said it will halt collections of tariffs imposed under the International Emergency Economic Powers Act at 12:01 a.m. EST (0501 GMT) on Tuesday, more than three days after the Supreme Court declared the duties illegal.

The agency said in a message to shippers on its Cargo Systems ‌Messaging Service (CSMS) ‌that it will de-activate all tariff ‌codes ⁠associated with President ⁠Donald Trump's prior IEEPA-related orders as of Tuesday.

The IEEPA tariff collection halt coincides with Trump's imposition of a new, 15% global tariff under a different legal authority to replace the ones struck down by the Supreme ⁠Court on Friday.

CBP gave no reason why ‌it was continuing ‌to collect the tariffs at ports of entry days ‌after the Supreme Court's ruling, and its message ‌offered no information about possible refunds for importers.

The message noted that the collection halt does not affect any other tariffs imposed by Trump, including ‌those under the Section 232 national security statute and the Section 301 unfair ⁠trade practices ⁠statute.

"CBP will provide additional guidance to the trade community through CSMS messages as appropriate," the agency said.

Reuters reported on Friday that the Supreme Court decision made more than $175 billion in US Treasury revenue generated by the IEEPA tariffs subject to potential refunds, based on an estimate by Penn-Wharton Budget Model economists.

Their estimate from a ground-up forecasting model showed that IEEPA-based tariffs were generating more than $500 million per day in gross revenue.


Gold Climbs to 3-week High as US Tariff Ruling Stokes Uncertainty

A vendor displays gold bracelets for sale in a gold shop at the Grand Bazaar in Istanbul (AFP)
A vendor displays gold bracelets for sale in a gold shop at the Grand Bazaar in Istanbul (AFP)
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Gold Climbs to 3-week High as US Tariff Ruling Stokes Uncertainty

A vendor displays gold bracelets for sale in a gold shop at the Grand Bazaar in Istanbul (AFP)
A vendor displays gold bracelets for sale in a gold shop at the Grand Bazaar in Istanbul (AFP)

Gold climbed to a three-week high on Monday as uncertainty stoked by the US Supreme Court's decision to strike down a vast swathe of President Donald Trump's tariffs pressured the dollar and pushed investors to the safety of bullion.

Spot gold climbed 1.1% to $5,158.29 per ounce by 0558 GMT, having earlier hit its highest since January 30. ‌US gold futures for ‌April delivery were up 2% at $5,180.40.

"The court's ‌tariff ⁠ruling has, aside ⁠from earning the ire of the US president, added another layer of uncertainty to global markets, with traders again turning to gold as a defensive play," said Tim Waterer, chief market analyst at KCM Trade.

The US Supreme Court struck down Trump's sweeping tariffs that he pursued under a law meant for use in national emergencies, ⁠handing the Republican president a stinging defeat in ‌a landmark ruling on Friday ‌with major implications for the global economy.

After the court ruling, Trump said ‌he would raise a temporary tariff from 10% to 15% ‌on US imports from all countries.

Wall Street futures and the dollar slid in Asia on Monday as murkiness around US tariffs revived the "sell America" trade, Reuters reported.

"Whether gold can claw its way back above $5,400 in the near-term ‌may rest on how long tariff uncertainty lingers and whether the US engages in military action ⁠against Iran," Waterer ⁠said.

Iran has indicated it is prepared to make concessions on its nuclear program in talks with the US in return for the lifting of sanctions and recognition of its right to enrich uranium, as it seeks to avert a US attack.

Meanwhile, data on Friday showed that underlying US inflation increased more than expected in December, and signs are pointing to a further acceleration in January, which would strengthen expectations that the Federal Reserve won't cut interest rates before June.

Spot silver climbed 2.9% to $86.98 per ounce, a more than two-week high.
Spot platinum edged 0.1% higher to $2,158.55 per ounce, while palladium slipped 0.2% to $1,745.09.