Riyadh Chamber Signs Cooperation Agreement with China Foreign Trade Center

A general view of Riyadh, Saudi Arabia. Reuters file photo
A general view of Riyadh, Saudi Arabia. Reuters file photo
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Riyadh Chamber Signs Cooperation Agreement with China Foreign Trade Center

A general view of Riyadh, Saudi Arabia. Reuters file photo
A general view of Riyadh, Saudi Arabia. Reuters file photo

The Riyadh Chamber signed on Thursday an agreement with the China Foreign Trade Center (Canton Fair) to enhance and expand commercial, industrial and investment relations by encouraging cooperation among businesspeople.

Vice Chairman of Riyadh Chamber Naif bin Abdullah Al-Rajhi and Deputy Director General of China Foreign Trade Center and Spokesperson of the Canton Fair Xu Bing signed the agreement on behalf of respective institutions.

The agreement aims at enhancing relations and boosting commercial and economic cooperation among businesspeople in Saudi Arabia and China, including the exchange of information and organizing delegations participating in the fair.

The deal also aims to offer assistance to Center delegations that visit the Kingdom, enhance cooperation between the two sides to conduct surveys and evaluations on the Canton Fair and other fairs organized by the Center, and promote the fair on the Chamber's websites.



Alswaha: Saudi Arabia's Participation at WEF Strengthens Global Efforts in AI Technologies

Saudi Minister of Communications and Information Technology Eng. Abdullah Alswaha. SPA file photo
Saudi Minister of Communications and Information Technology Eng. Abdullah Alswaha. SPA file photo
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Alswaha: Saudi Arabia's Participation at WEF Strengthens Global Efforts in AI Technologies

Saudi Minister of Communications and Information Technology Eng. Abdullah Alswaha. SPA file photo
Saudi Minister of Communications and Information Technology Eng. Abdullah Alswaha. SPA file photo

Saudi Minister of Communications and Information Technology Abdullah Alswaha has underlined the Kingdom's pivotal role in driving the global agenda to enhance the digital economy, foster innovation, and leverage artificial intelligence (AI) to serve humanity and protect the planet.

In a statement to the Saudi Press Agency (SPA), he highlighted that the Kingdom's international standing is a result of the support and guidance of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud.

The minister explained that Saudi Arabia's participation in the annual meeting of the World Economic Forum (WEF) in Davos, held from January 20 to 24, comes at a time when the world is transitioning from the digital age to the AI age.

This underscores the Kingdom's significant role in leading global efforts to promote innovation and utilize AI for the benefit of humanity.

He noted that the annual high-profile gathering provides a global platform to showcase the Kingdom's developmental, economic, and technological achievements under the framework of Saudi Vision 2030, made possible by the support of the Kingdom's leadership.

Alswaha said that Saudi Arabia is working in partnership with the international community to harness AI as a key tool for advancing sustainable development and achieving global goals, adding that these efforts aim to improve quality of life, support the digital economy, and create new job opportunities across various sectors, contributing to a sustainable and prosperous future for all.