Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi- Trade, job creation focus of summit  Join our daily free Newsletter

MENAFN - Arab News - 21/01/2013

No. of Ratings : 0
Add to Mixx!


Yemeni President Abed Rabbo Mansour Hadi is received at Riyadh Air Base by Riyadh Deputy Gov. Prince Muhammad bin Saad. (SPA)
(MENAFN - Arab News) Riyadh is set to welcome today the heads of state and ministers of 21 Arab countries for the third Arab Economic and Social Development Summit aimed at finding common ground on crucial issues of trade, job creation, energy needs and disease prevention.

The event is being held under the aegis of Custodian of the Two Holy Mosques King Abdullah at the King Abdul Aziz Conference Hall in the capital.

The capital is dotted with colorful national flags from the member countries of the Arab League.

The first Arab Economic and Social Development Summit was held in Kuwait in 2009, followed by the second summit in Sharm El-Sheikh in 2011.
Foreign Ministers and finance ministers of the Arab countries met here Saturday to prepare the agenda for the summit.

Foreign Minister Prince Saud Al-Faisal took over as chairman of the summit from Egyptian Foreign Minister Mohamed Kamil Amr before the committee began its deliberations. Secretary-General of the Arab League Nabil El-Araby, who attended the ministerial preparatory meeting, will also be present at the summit.

Prior to Saturday's ministerial meeting, a panel of senior government officials from Algeria, Saudi Arabia, Qatar, Kuwait, Lebanon, Egypt and Morocco drew up a plan for the summit agenda. The summit starts at 7 p.m. today and at 10 a.m. on Tuesday.

Issues on the agenda include ways to promote investment flows across all Arab nations, develop sources of renewable energy from 2010 to 2030, fulfill the 2000 to 2015 millennium development goals, fight noncommunicable diseases (NCD) and set up a youth forum in the Arab states.

Cardiovascular diseases, diabetes, cancer and chronic respiratory diseases will be highlighted among the other noncommunicable diseases (NCD) in the Arab world. It was felt that the NCDs are a significant burden on the economies and health systems of Arab countries.

The meeting will also take up the recommendations from the Arab Private Sector Forum, which concluded last week in the capital.

Emphasis will be placed on creating small and medium-sized industries and introduce vocational guidance and training opportunities for young people after they graduate.

The conference is aimed at finding solutions for developmental issues that have been neglected because of the intense focus on political issues.

The traffic department in Riyadh announced yesterday that Makkah Road, King Fahad Road and Khurais Road will be closed to traffic from 9 a.m. to 9 p.m. today and tomorrow.

Lt. Col. Hasan Hassan, head of the command and control center and spokesman of the Riyadh traffic department, stressed the need to use alternative routes like Takhasussi, Olaya, King Abdul Aziz, Turkish and University Avenue, Al-Washem Street and King Abdullah Road via Imam Saud bin Abdul Aziz.

All ring roads in the north, south and east can serve as alternative roads. The spokesman said the Riyadh traffic department sent out text messages and ran advertisements in the media.

Heads of state from the participating Arab countries started arriving in Riyadh yesterday afternoon.

They included Somali President Hassan Sheikh Mahmoud, Lebanese Prime Minister Najib Mikati, President of the Republic of Comoros Ikililou Dhoinine and Iraqi Vice President Khudair bin Mousa Al-Khuzai'. Sudanese President Omar Bashir arrived earlier yesterday and performed Umrah.


  MENA News Headlines
Apr 23 2014Omantel launches service package for youth ,MENAFN
(MENAFN) Omantel announced launching 'Ozone' plan, a new package designed especially for the youth. This comes with the company"s constant efforts to enhance the communication needs of its customers, ...

Apr 23 2014Dh154 billion for Arabtec projects ,Khaleej Times
(MENAFN - Khaleej Times) Arabtec will spend dh140 billion on building one million low-cost houses in egypt and dh14 billion on five mixed-use residential projects in abu dhabi and dubai its chief ...

Apr 23 2014?Titli? makers excited about Cannes selection ,Khaleej Times
(MENAFN - Khaleej Times) The movie about the badlands of delhi?s dystopic underbelly will be in competition as part of the un certain regard section of the 67th cannes film gala to be held may ...

Apr 23 2014Saudi- Yaroub Bashraheel: In search of peace ... underwater ,Arab News
(MENAFN - Arab News) You've heard of diving snorkeling and other water activities but rarely has anyone heard of free-diving. it's a form of diving underwater without the aid of any breathing ...

Apr 23 2014Saudi- Schneider highlights intelligent health care solutions at forum ,Arab News
(MENAFN - Arab News) Schneider electric a global specialist in energy management is set to showcase its leadership in intelligent health care solutions at the second saudi forum for planning and ...

Apr 23 2014Saudi- Divorcees can seek housing ,Arab News
(MENAFN - Arab News) The kingdom will accept applications from saudi divorced women and widows for financial and housing support said justice minister muhammad al-issa.al-issa called on applicants ...

Apr 23 2014Saudi Savola Group revenue up 43 pct in Q1 ,MENAFN
(MENAFN) Saudi Arabia's Savola Group registered a 43 percent increase in profits in the first quarter, well over expectations of analysts, Arabian Business reported. According to a statement to ...

Apr 23 2014Tamouh steps up activity on projects ,Khaleej Times
(MENAFN - Khaleej Times) Abu dhabi-based real-estate developer tamouh has scaled up construction activity on all of its announced reem island projects to meet the rising demand for prime spaces in ...

Apr 23 2014Here?s your chance to share screen space with SRK ,Khaleej Times
(MENAFN - Khaleej Times) Groupon india has joined hands with srk?s red chillies entertainment to give fans a chance to feature with the superstar in his upcoming film ?happy new year?. if you ...

Apr 23 2014Saudi- Noha Al-Sharif — an expert in Islamic sculpture ,Arab News
(MENAFN - Arab News) Saudi sculptress noha al-sharif is known for her islamic inspired sculptures that reflect both religion and lifestyle. the concept of modern art attracted her to this medium ...

Apr 23 2014Dewa and GE explore collaboration opportunities ,Khaleej Times
(MENAFN - Khaleej Times) Saeed mohammed al tayer managing director and chief executive officer of the dubai electricity and water authority (dewa) recently received a ge delegation to explore ...

Apr 23 2014Local international companies come out in force ,Khaleej Times
(MENAFN - Khaleej Times) Cityscape abu dhabi has started showing stronger interest from property developers who have showcased their upcoming projects. the three-day realty show was opened by ...

Apr 23 2014Saudi- ASUS showcases product series at Aramco Week ,Arab News
(MENAFN - Arab News) Asus described as the world's renowned consumer notebook vendor and producer of the 'world's best-selling motherboards" recently participated in aramco week and showcased a ...

Apr 23 2014Sale of Gate Towers penthouses launched ,Khaleej Times
(MENAFN - Khaleej Times) Aldar properties has launched the sale of 21 exclusive duplex penthouse apartments at gate towers the penthouse collection in shams abu dhabi on al reem island. one of ...

Apr 23 2014ADCB profit grows 26% in first quarter ,Khaleej Times
(MENAFN - Khaleej Times) Abu dhabi commercial bank?s profit grew 26 per cent in the first quarter of the year to dh1. however net profit rose 22 per cent year-on-year. non-interest income was 24 ...

Apr 23 2014'Piles and piles' of bodies in S. Sudan ,Arab News
(MENAFN - Arab News) Nairobi: gunmen who targeted both children and the elderly left 'piles and piles" of bodies — many of those in a mosque — in a provincial capital in south sudan the un's top ...

Apr 23 2014UAE- Billion-dollar realty projects on show ,Arab News
(MENAFN - Arab News) Cityscape abu dhabi a three-day realty event that began with 120 regional and international exhibitors witnessed major announcements on tuesday.salama bint hamdan al-nahyan ...

Apr 23 2014Saudi- Ministry launches complaint center for domestic workers ,Arab News
(MENAFN - Arab News) The labor ministry has launched a first-of-its-kind multilingual communication center to address complaints and grievances voiced by the kingdom's 1.2 million domestic ...

Apr 23 2014Qatar's MPHC net profit hits USD127m in Q1 ,MENAFN
(MENAFN) Qatar's Mesaieed Petrochemical Holding Company (MPHC) announced that a net profit increase in the January-March period of this year, The Peninsula Qatar reported. The company, a leading ...

Apr 23 2014Kowait- Rationalization of water use in focus ,Arab Times
(MENAFN - Arab Times) Kuwait city april 7 (kuna): under the patronage of minister of electricity and water abdulaziz al-ibrahim kuwait environment protection society (keps) organized monday a ...


Live Currency Rates



Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  

Middle East North Africa - Financial Network

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details


Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks

Saudi Arabia 

Investment Game
Economic Calendar
Financial Glossary

Portfolio Tracker


Financial Calculators

RSS Feeds [XML]

Corporate Monitor


Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters

© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help