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Saudi Arabia Mandates Event Organizers to Implement Governance Rules

A glimpse of the Future Investment Initiative events in Riyadh (Asharq Al-Awsat)
A glimpse of the Future Investment Initiative events in Riyadh (Asharq Al-Awsat)
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Saudi Arabia Mandates Event Organizers to Implement Governance Rules

A glimpse of the Future Investment Initiative events in Riyadh (Asharq Al-Awsat)
A glimpse of the Future Investment Initiative events in Riyadh (Asharq Al-Awsat)

Saudi Arabia has mandated event organizers to implement governance rules for hosting events and submit a report to the Events Committee under the Council of Economic and Development Affairs within 30 days of an event’s conclusion, Asharq Al-Awsat has learned.

The report must detail the application of governance regulations, challenges encountered, and recommendations for improvement.

The kingdom hosts numerous events throughout the year as part of efforts to expand its exhibitions and conferences sector. The initiative aims to enhance the industry, attract global events, promote Saudi Arabia’s unique opportunities and advantages, and reinforce its leadership in the international exhibitions and conferences landscape.

The Events Committee Secretariat under the Council of Economic and Development Affairs will update event governance rules as needed in coordination with relevant authorities, according to available information.

Saudi authorities have mandated event organizers to adhere to strict governance rules covering program content, security, logistics, and promotion. The regulations aim to ensure compliance with national values, streamline operations, and enhance Saudi Arabia’s global event-hosting capabilities.

Event Program and Content

Before hosting an event, organizers must implement measures including drafting a charter outlining the commitments of local and international participants and guests.

This charter must align with Saudi values and principles and prevent the invitation of delegations known to hold positions contrary to the kingdom’s stance, in coordination with the Interior Ministry, State Security, and other relevant entities.

Additionally, organizers must prohibit any banners, slogans, writings, or graphics deemed offensive or inconsistent with national values.

After the event, organizers must submit a final report detailing key takeaways, addressing any violations in coordination with relevant authorities, and documenting non-compliant content, identifying causes, and outlining corrective measures for future events.

Logistics Management

Organizers are required to develop a comprehensive logistics plan before the event, covering guest and participant management, hospitality arrangements, and designated entry and exit points, including VIP access and emergency exits. The plan must also ensure the provision of dedicated transport services to and from the venue.

During the event, organizers must oversee visitor and participant movement, set up multilingual signage for smooth crowd flow, and deploy a specialized team to manage on-site mobility.

They must also ensure real-time schedule monitoring, rapid response mechanisms, and technical support teams capable of addressing unexpected issues such as power outages, sound or lighting failures, and adverse weather conditions.

Security Measures

Event organizers must implement strict security protocols, including developing a support plan tailored to the event’s scale, nature, and location, in coordination with the Interior Ministry and other relevant agencies.

Security screenings for guests, official delegations, and participants are mandatory, along with venue capacity assessments and emergency exit planning.

Additionally, all stakeholders involved in the event must coordinate with security authorities, relay any relevant information to the operations center, and enforce participant screenings to prevent the display of political or otherwise non-compliant symbols.

Media and Promotional Strategy

Ahead of an event, organizers must design a strategic media plan to maximize exposure, select appropriate communication channels, and collaborate with media partners, influencers, and ambassadors based on the target audience.

They must also launch campaigns across designated platforms and establish a crisis management strategy to handle criticism, mitigate risks, and respond to negative feedback.

In collaboration with the Saudi Tourism Authority, organizers must develop customized tourism packages for international visitors and provide marketing materials and event tickets at least 90 days before the event date.

Saudi Arabia established the Saudi Conventions and Exhibitions General Authority in 2018 to enhance the industry’s capabilities, streamline its development, and strengthen its role in the national economy.

The authority aims to boost the sector’s efficiency and remove obstacles to its growth while adhering to best global practices.

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IMF and Arab Monetary Fund Sign MoU to Enhance Cooperation

The MoU was signed by IMF Managing Director Dr. Kristalina Georgieva and AMF Director General Dr. Fahad Alturki - SPA
The MoU was signed by IMF Managing Director Dr. Kristalina Georgieva and AMF Director General Dr. Fahad Alturki - SPA
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IMF and Arab Monetary Fund Sign MoU to Enhance Cooperation

The MoU was signed by IMF Managing Director Dr. Kristalina Georgieva and AMF Director General Dr. Fahad Alturki - SPA
The MoU was signed by IMF Managing Director Dr. Kristalina Georgieva and AMF Director General Dr. Fahad Alturki - SPA

The International Monetary Fund (IMF) and the Arab Monetary Fund (AMF) signed a memorandum of understanding (MoU) on the sidelines of the AlUla Conference on Emerging Market Economies (EME) to enhance cooperation between the two institutions.

The MoU was signed by IMF Managing Director Dr. Kristalina Georgieva and AMF Director General Dr. Fahad Alturki, SPA reported.

The agreement aims to strengthen coordination in economic and financial policy areas, including surveillance and lending activities, data and analytical exchange, capacity building, and the provision of technical assistance, in support of regional financial and economic stability.

Both sides affirmed that the MoU represents an important step toward deepening their strategic partnership and strengthening the regional financial safety net, serving member countries and enhancing their ability to address economic challenges.

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Saudi Chambers Federation Announces First Saudi-Kuwaiti Business Council

File photo of the Saudi flag/AAWSAT
File photo of the Saudi flag/AAWSAT
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Saudi Chambers Federation Announces First Saudi-Kuwaiti Business Council

File photo of the Saudi flag/AAWSAT
File photo of the Saudi flag/AAWSAT

The Federation of Saudi Chambers announced the formation of the first joint Saudi-Kuwaiti Business Council for its inaugural term (1447–1451 AH) and the election of Salman bin Hassan Al-Oqayel as its chairman.

Al-Oqayel said the council’s formation marks a pivotal milestone in economic relations between Saudi Arabia and Kuwait, reflecting a practical approach to enabling the business sectors in both countries to capitalize on promising investment opportunities and strengthen bilateral trade and investment partnerships, SPA reported.

He noted that trade between Saudi Arabia and Kuwait reached approximately SAR9.5 billion by the end of November 2025, including SAR8 billion in Saudi exports and SAR1.5 billion in Kuwaiti imports.

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Leading Harvard Trade Economist Says Saudi Arabia Holds Key to Success in Fragmented Global Economy

Professor Pol Antràs speaks during a panel discussion at the AlUla Conference for Emerging Market Economies (Asharq Al-Awsat).
Professor Pol Antràs speaks during a panel discussion at the AlUla Conference for Emerging Market Economies (Asharq Al-Awsat).
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Leading Harvard Trade Economist Says Saudi Arabia Holds Key to Success in Fragmented Global Economy

Professor Pol Antràs speaks during a panel discussion at the AlUla Conference for Emerging Market Economies (Asharq Al-Awsat).
Professor Pol Antràs speaks during a panel discussion at the AlUla Conference for Emerging Market Economies (Asharq Al-Awsat).

Harvard University economics professor Pol Antràs said Saudi Arabia represents an exceptional model in the shifting global trade landscape, differing fundamentally from traditional emerging-market frameworks. He also stressed that globalization has not ended but has instead re-formed into what he describes as fragmented integration.

Speaking to Asharq Al-Awsat on the sidelines of the AlUla Conference for Emerging Market Economies, Antràs said Saudi Arabia’s Vision-driven structural reforms position the Kingdom to benefit from the ongoing phase of fragmented integration, adding that the country’s strategic focus on logistics transformation and artificial intelligence constitutes a key engine for sustainable growth that extends beyond the volatility of global crises.

Antràs, the Robert G. Ory Professor of Economics at Harvard University, is one of the leading contemporary theorists of international trade. His research, which reshaped understanding of global value chains, focuses on how firms organize cross-border production and how regulation and technological change influence global trade flows and corporate decision-making.

He said conventional classifications of economies often obscure important structural differences, noting that the term emerging markets groups together countries with widely divergent industrial bases. Economies that depend heavily on manufacturing exports rely critically on market access and trade integration and therefore face stronger competitive pressures from Chinese exports that are increasingly shifting toward alternative markets.

Saudi Arabia, by contrast, exports extensively while facing limited direct competition from China in its primary export commodity, a situation that creates a strategic opportunity. The current environment allows the Kingdom to obtain imports from China at lower cost and access a broader range of goods that previously flowed largely toward the United States market.

Addressing how emerging economies should respond to dumping pressures and rising competition, Antràs said countries should minimize protectionist tendencies and instead position themselves as committed participants in the multilateral trading system, allowing foreign producers to access domestic markets while encouraging domestic firms to expand internationally.

He noted that although Chinese dumping presents concerns for countries with manufacturing sectors that compete directly with Chinese production, the risk is lower for Saudi Arabia because it does not maintain a large manufacturing base that overlaps directly with Chinese exports. Lower-cost imports could benefit Saudi consumers, while targeted policy tools such as credit programs, subsidies, and support for firms seeking to redesign and upgrade business models represent more effective responses than broad protectionist measures.

Globalization has not ended

Antràs said globalization continues but through more complex structures, with trade agreements increasingly negotiated through diverse arrangements rather than relying primarily on multilateral negotiations. Trade deals will continue to be concluded, but they are likely to become more complex, with uncertainty remaining a defining feature of the global trading environment.

Interest rates and artificial intelligence

According to Antràs, high global interest rates, combined with the additional risk premiums faced by emerging markets, are constraining investment, particularly in sectors that require export financing, capital expenditure, and continuous quality upgrading.

However, he noted that elevated interest rates partly reflect expectations of stronger long-term growth driven by artificial intelligence and broader technological transformation.

He also said if those growth expectations materialize, productivity gains could enable small and medium-sized enterprises to forecast demand more accurately and identify previously untapped markets, partially offsetting the negative effects of higher borrowing costs.

Employment concerns and the role of government

The Harvard professor warned that labor markets face a dual challenge stemming from intensified Chinese export competition and accelerating job automation driven by artificial intelligence, developments that could lead to significant disruptions, particularly among younger workers. He said governments must adopt proactive strategies requiring substantial fiscal resources to mitigate near-term labor-market shocks.

According to Antràs, productivity growth remains the central condition for success: if new technologies deliver the anticipated productivity gains, governments will gain the fiscal space needed to compensate affected groups and retrain the workforce, achieving a balance between addressing short-term disruptions and investing in long-term strategic gains.