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This development reflects the larger economic transformation underway in Saudi Arabia to grow the non-oil economy through investments in manufacturing, downstream petrochemicals, and other emerging sectors through the Public Investment Fund and programmes like the National Industrial Development & Logistics Programme, the USSBC said.
Saudi Arabia is attempting to diversify its economy away from oil under the Vision 2030 programme announced in 2016. In a television interview last month to mark the fifth year since the strategy was first outlined, Saudi Crown Prince Mohammed Bin Salman said the kingdom s non-oil revenue had increased more than 200 per cent. Oil is still the main source of income for the state, Prince Mohammed said. My intention is to make sure that the country is secure, safe and has a better future to look forward to.
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US delegation visit will shed light on Biden’s policy for the region
May 04,2021 - Last updated at May 04,2021
A senior US delegation will visit the region this week, almost four months since President Joe Biden was sworn in as president. This will be the first high-level diplomatic contact between the US administration and regional officials. The delegation, led by Brett McGurk, the White House National Security Council’s Middle East policy coordinator, and State Department counselor Derek Chollett, will discuss a number of important matters related to US national security and ongoing efforts toward a de-escalation of tensions in the Middle East region, according to a US official quoted by Reuters.
Number of civil wars in region have seen millions of deaths and injuries Published: May 02, 2021 10:40 Gulf News Security personnel and others react during an attack on Aden airport last year (File) Image Credit: Reuters
For the first time in years, the Arab world seems optimistic about peace, amid increasing hopes, and signs, that we may soon see the end of the remaining wars in the region Syria, Libya and Yemen.
Since the Arab Spring protests that took place 10 years ago, a number of civil wars have broken out in our region, costing the Arabs millions of deaths and injuries, and millions more people uprooted from their towns and villages, or forced all together to seek refuge in another country.
Boris mobile number being online ‘risks’ snooping
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May 1, 2021
LONDON: The Prime Minister could have put himself at an “increased risk” of snooping and criminal activity, according to a former national security adviser, after it emerged his mobile number had been openly available online for 15 years.
Lord Ricketts said the revelation that, until this year, Boris Johnson’s contact number was still listed on the bottom of a 2006 press release on the internet meant “thousands” of people could have his details, possibly placing him at risk of hostile state action.
It follows a row in recent weeks over so-called government-by-text after it emerged that lobbyists and others from the business world had personally messaged the Prime Minister in a bid to get him to intervene in issues.