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RIYADH: The launch of the EYAB initiative, which aims to end luggage procedures for pilgrims, has been announced by the General Authority for Civil Aviation (GACA). The initiative, which will begin its pilot phase within the next two days, is set to automatically organize luggage logistics before worshippers arrive at the airport.
It will target pilgrims departing to Indonesia, India and Malaysia during the 2019 Hajj season.
It is my honor to express my warmest greetings and felicitations to all Indonesian citizens currently residing in the Kingdom of Saudi Arabia for the auspicious occasion of the 74th Independence Anniversary of the Republic of Indonesia.
Today, Indonesians all over the world commemorate once again the perseverance of the founding fathers in liberating the people of Indonesia from the sorrow of repression, humiliation, and exploitation of colonialism and upholding freedom and the right of self-determination.
Long before the historical visit of King Salman, Saudi Arabia was among the first countries in the world that acknowledged the independence of Indonesia. The following visit of the first President of Indonesia to the Kingdom and of King Faizal bin Abdul Aziz to Indonesia in 1970 signified this long-established relationship.
For most Indonesians, Saudi Arabia is a spiritual home where the Ka’bah and the Masjid Nabawi are located. Roughly 100,000 Indonesians arrive in the Kingdom every month, roaming around Jeddah, Makkah and Madinah visiting holy sites, not to mention the 230,000 annual Hajj visitors.
It is an annual exchange dating well beyond the formation of the two modern nations.
For over a millennia, there have been ties between Arab traders and people in Nusantara, the archipelago now called Indonesia, with the flow of people as constant as the flow of trade and culture.
Indonesia has one of the 10 largest global diasporas. Out of approximately 23 million Indonesians living abroad, with 400,000 currently residing in the Kingdom. Many Indonesians living in the country have gone on to take Saudi citizenship, as characterized by various family names hinting at Indonesian origins, such as Al-Banten, Al-Palemban, Al-Manduri, and Al-Banjari.
The huge number of Indonesian citizens and descendants in Saudi Arabia have strengthened relations between the two countries. Language, another bridge to cooperation and progress, is also highly valued by the two states. Since 2006, the Consulate General of Indonesia in Jeddah has initiated the Bahasa Indonesia Untuk Penutur Asing program (BIPA – Indonesian Language for Foreigners). So far, over a thousand Saudis have participated in it.
In tourism, the visit of King Salman to Indonesia in March 2017 left a very important imprint.
The so-called “King Salman Route,” the places where King Salman visited in Indonesia, has entered the lexicon of tourist operators, such is its popularity with Saudi and other foreign guests.
Spreading the concept of moderate Islam, as coined by Crown Prince Mohammed bin Salman, and the ideas of Islam Wasatiyyah in Indonesia, is also an area of shared objectives. Indonesia believes in “the Middle Way of Islam” of moderation in the practice of the Islamic faith, as a response to the spread of extremism.
Considering the vital role of the media in selecting, organizing and emphasizing the news, and how the media influences what we think about ourselves and other nations, I would like to propose a reciprocal visit between Indonesian and Saudi media outlets. Both parties can learn extensively from each other, and hopefully can bring something positive to
By 2030, Indonesia could have the world’s 7th largest economy according to the McKinsey report, and the 4th most powerful economy in the world by 2050, according to PricewaterhouseCooper. The door is always open to the Saudi people to set their footprints down here, and seize the business opportunities offered by Indonesia. The same invitation also goes to Indonesian entrepreneurs to take the opportunity provided by the Kingdom.
Along with the tremendous effort in diversifying its economy through Saudi Vision 2030, the Kingdom reinforces its activities to achieve a vibrant society, a thriving economy, and an ambitious nation.
I believe it now the time for us to cherish our strategic partnership.
Khalid Abdullah Al-Hussan has been the CEO of the Saudi Stock Exchange (Tadawul) since November 2015. He started at Tadawul as a market data manager in January 2007 until December 2008, progressing to business development manager from January 2009 to October 2011 before advancing to the head of corporate planning and projects role from October 2011 to January 2013. Following this promotion, he was chief strategy officer from December 2012 to March 2014 and finally executive director of asset services and depository from January 2013 to January 2015.
He has also served as the chairman of the board at the Securities Depository Center Company since December 2017, and held the same role at the Securities Clearing Center Company since February 2018.
Al-Hussan graduated with a bachelor’s degree in industrial engineering from King Saud University in 1999, before earning an MBA and a professional certificate in entrepreneurship from the University of Colorado Denver in 2002.
Prior to his current position, Al-Hussan worked at Tawuniya Insurance Company as a products and services development manager from September 2004 to July 2005 and strategy management office general manager from August 2005 to January 2007. He was also a board advisory committee member at the Capital Market Authority from January 2016 to January 2018.
The two-day Euromoney Saudi Arabia Conference, one of the most important financial events in the region, will open in Riyadh on Sept. 18 with a focus on the new financial ecosystem.
Keynote speakers expected at the conference include Saudi Finance Minister Mohammed Al-Jadaan, Capital Market Authority Chairman Mohammed El-Kuwaiz, and Tadawul CEO Khalid Abdullah Al-Hussan. The audience will also hear from policymakers, regulators and customers.
The annual conference, organized under the patronage of the Finance Ministry, will explore how changes in finance and the Kingdom intersect.
Euromoney has introduced three new initiatives to create an even more interactive and informative experience for this year’s participants.
The Tech Tent will showcase regional and international financial technology companies building the future of finance.
The Knowledge Hub will run 30-minute live briefings throughout the day, focusing on new developments in finance.
Euromoney Amplify will run a live global markets simulation throughout the conference.
ADEN: Yemen’s southern separatists say they were ready to attend a summit in Saudi Arabia to resolve a standoff in Aden after they seized the southern port, seat of Yemen’s internationally recognized government.
“We thank Saudi Arabia for its earnest efforts to contain the crisis and invite the parties for talks in Jeddah,” the Southern Transitional Council (STC) said in a statement. “The meeting will be held as soon as necessary arrangements are completed.”
The STC statement outlined its plans for governance in Aden, including “moving all military units to bases outside the city with the exception of public security and support troops.”
“There is no daylight between the UAE and Saudi Arabia when it comes to Yemen. We are completely aligned,” a UAE official said in a statement.
“We remain deeply concerned over the situation in Aden, and the coalition’s engagement on the ground is evolving with the aim of establishing conditions for stability, security and peace,” the official added.
The UN is working to reduce tensions throughout Yemen to pave the way for negotiations to end the war that has killed tens of thousands.
Meanwhile, the Arab coalition supporting the legitimate government in Yemen said that it had intercepted a Houthi drone that was launched from Amran province in western central Yemen, said SPA.
Earlier, a Yemeni Southern Transitional Council (STC) leader tweeted saying that the council was, still is, and will remain closely allied to the Arab coalition in its efforts to defeat the “Iranian Houthi project.”
“We were, still are, and will remain a close ally to the Arab coalition, believing in the mission of defeating the Iranian-Houthi project,” Ahmed bin Fareed tweeted.
“The dreams of those who wanted us to be something else will be shattered. Loyalty is our law and we fulfil our promises,” he added.
Bin Fareed’s tweet included two pictures from the STC rally, one of which shows people holding a poster of Saudi King Salman with the words “Salman in our hearts.” The other shows the Saudi flag raised among dozens of STC flags.
The separatists are a component of the alliance that intervened in Yemen in March 2015 against the Houthis.
JEDDAH: The Ministry of Hajj and Umrah held its 44th annual ceremony to honor the heads of Hajj affairs offices and guests of the Grand Hajj Symposium, which was held at Jeddah Hilton Hotel on Thursday.
Minister of Hajj and Umrah Dr. Mohammed Saleh Bentin and his deputy, Dr. Abdul Fattah Mashat, and other officials attended the ceremony.
Bentin said that the ministry’s main goal is to carry out the Kingdom’s plans to provide quality services to enrich pilgrims’ experiences.