Saudi Fund for Development finances over $20bn global projects in 50 years — minister

Saudi Fund for Development finances over $20bn global projects in 50 years — minister
Saudi Minister of Tourism Ahmed Al-Khateeb is seen speaking during a ceremony to mark the 50th anniversary of SDF’s establishment in Riyadh. (SPA)
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Updated 02 September 2024
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Saudi Fund for Development finances over $20bn global projects in 50 years — minister

Saudi Fund for Development finances over $20bn global projects in 50 years — minister
  • SFD financed 77 health projects, including 325 medical facilities in 45 countries
  • Fund financed 230 projects in 71 countries in the transportation sector

RIYADH: Exceeding a total cost of $20 billion, the Saudi Fund for Development has financed 800 projects in more than 100 countries over the last 50 years, according to a top official.

Saudi Minister of Tourism Ahmed Al-Khateeb revealed that the institution has financed 77 health projects that resulted in 325 medical facilities in 45 countries with a capacity of more than 25,000 beds. Most notable of the initiatives was King Faisal Hospital in Rwanda, which carried out the first kidney transplant in the country. 

He was speaking during a ceremony held by the fund to mark the 50th anniversary of its establishment in the capital, Riyadh. 

Al-Khateeb, who is also the chairman of the fund’s board of directors, said SFD funded 84 education projects to establish 600 academic facilities benefiting more than 1 million students, according to a statement. 

This falls in line with the fund’s vision to be a comprehensive strategic partner that advances the sustainable economic development of the world’s least developed countries.

It also aligns with its mission to empower the stable economic development of countries in need by leveraging the Kingdom’s resources to provide financial, technical, and human support to meet the needs of its partners. 

During his speech, the minister said the fund also financed 230 projects in 71 countries in the transportation sector, including airports, roads, and ports. 

These initiatives include the Velana International Airport in the Maldives, initially established in 1978, along with its expansion project to boost capacity from 2 million to 8 million passengers, and King Fahd Road in Djibouti. Additionally, the fund has financed 230 oil projects in more than 70 countries.


Meet your sole mate at Sneaker Con in Riyadh

Sneaker Con features more than 150 brands showcasing curated collections of rare sneakers, fashion items, and accessories.
Sneaker Con features more than 150 brands showcasing curated collections of rare sneakers, fashion items, and accessories.
Updated 08 February 2025
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Meet your sole mate at Sneaker Con in Riyadh

Sneaker Con features more than 150 brands showcasing curated collections of rare sneakers, fashion items, and accessories.
  • Visitors can buy, sell, and trade rare and limited-edition sneakers

RIYADH: Sneaker Con in Riyadh has opened its doors to enthusiasts and collectors, offering a platform to buy, sell, and trade rare and limited-edition items as part of Riyadh Season.

Billed as “The Greatest Sneaker Show on Earth,” Sneaker Con is one of the world’s largest sneaker conventions, which has previously been held in cities across North America, Europe, and Asia. Its Riyadh edition — the first in Saudi Arabia — runs until Feb. 19 at ANB Arena.

A pair of signed sneakers by basketball player Michael Jordan, featured at Sneaker Con Riyadh. (AN photo by Hajar AlQusayer)

The event provides visitors with the opportunity to engage with industry experts and meet influencers in the sneaker community.

One visitor, Fares Indejani, highlighted the growing sneaker culture in Riyadh, pointing out that sneakers have become an integral part of personal style and expression. He told Arab News about the impact of the event on the local sneaker community.

These sneaker communities are micro-communities that are often isolated and don’t really have a dedicated space. But this event changes that … you can just walk in and meet others like you.

Fares Indejani, Sneaker enthusiast

“These sneaker communities are micro-communities that are often isolated and don’t really have a dedicated space,” he said. “But this event changes that … you can just walk in and meet others like you.

Visitors engaging with various shops and exploring exclusive sneakers at Sneaker Con Riyadh. (Supplied)

“You get an idea of what direction we’re heading toward, and that’s valuable knowledge for investors and business owners,” he added. “Really knowing what kind of communities are popping up, seeing how loud and real they are, and recognizing that they exist, have a voice, and are moving, is crucial.”

Abdulmohsen Al-Ahmari, another visitor, said the event provides an opportunity to see sneakers that are not typically available.

“Making connections at Sneaker Con and getting to know people helps me later,” he said.

Chase Young, a sneaker trader and founder of Culture Kicks, said: “There are people with crazy pairs of shoes and a lot of different collectors’ items here, and very high-end shoes, so (the market) is definitely big here.”

Sneaker Con features more than 150 brands showcasing curated collections of rare sneakers, fashion items, and accessories.

 


Ithra’s Japan Cultural Days draws more than 200k visitors to Dhahran

Ithra’s Japan Cultural Days draws more than 200k visitors to Dhahran
Updated 09 February 2025
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Ithra’s Japan Cultural Days draws more than 200k visitors to Dhahran

Ithra’s Japan Cultural Days draws more than 200k visitors to Dhahran
  • Ithra’s Japan Cultural Days featured many other activities, ensuring that visitors could engage with Japan’s cultural heritage through a variety of creative, educational and interactive experiencesIthra’s Japan Cultural Days featured many other activities

DHAHRAN: Ithra’s Japan Cultural Days concluded on Saturday after a dynamic 17-day run, offering visitors a deep and immersive experience into Japanese arts, traditions and contemporary culture.

The event, which began on Jan. 23, attracted more than 200,000 visitors in its first 10 days.

A variety of activities were offered for children and adults, ensuring everyone's enjoyment. (Supplied)

Japanese Ambassador to Saudi Arabia Morino Yasunari toured the exhibitions, engaged with artists and cultural representatives, and highlighted the importance of strengthening cultural ties between the two countries.

His visit underscored the significance of the festival in fostering dialogue and mutual appreciation.

A wide variety of music was featured at the festival, from meditative shakuhachi to high-energy drums. (Supplied)

The program featured a wide range of activities for both children and adults, ensuring an engaging experience for all ages. Families took part in hands-on craft workshops, traditional calligraphy, origami and manga drawing sessions, while younger visitors enjoyed storytelling sessions featuring Japanese folktales and legends.

One of the most anticipated performances came from Drum Tao, the globally renowned Japanese drumming ensemble known for its powerful stage presence and theatrical performances.

A variety of activities were offered for children and adults, ensuring everyone's enjoyment. (Supplied)

The group combined traditional taiko drumming with modern choreography and lighting effects, delivering a high-energy spectacle that captivated audiences.

A metaverse experience in Ithra’s plaza allowed visitors to explore virtual Japanese markets and cultural celebrations.

A wide variety of music was featured at the festival, from meditative shakuhachi to high-energy drums. (Supplied)

The festival also explored Japanese storytelling through literature and anime. Several sessions on Japanese literature highlighted its unique introspective nature, referencing authors like Haruki Murakami.

Music played a central role in the festival, with performances ranging from the meditative tones of the shakuhachi flute to high-energy drum ensembles. Visitors also explored Japanese culinary traditions, gaining insights into the precision and artistry behind dishes such as sushi and wagashi.

A variety of activities were offered for children and adults, ensuring everyone's enjoyment. (Supplied)

One of the most celebrated workshops covered kintsugi, the Japanese art of repairing broken pottery with gold. Attendees were invited to transform shattered ceramics into decorative pieces, embracing the philosophy of finding beauty in imperfection.

Ithra’s Japan Cultural Days featured many other activities, ensuring that visitors could engage with Japan’s cultural heritage through a variety of creative, educational and interactive experiences.

 

 


Tourism Ministry launches second executive master’s program to develop Saudi tourism leadership

Tourism Ministry launches second executive master’s program to develop Saudi tourism leadership
Updated 08 February 2025
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Tourism Ministry launches second executive master’s program to develop Saudi tourism leadership

Tourism Ministry launches second executive master’s program to develop Saudi tourism leadership
  • Ministry spokesperson Mohammed Al-Rasasimah said that, through the executive master’s program, the ministry works to provide key opportunities for Saudi tourism professionals to receive advanced education and training

RIYADH: The Saudi Ministry of Tourism has unveiled a second executive master’s program, offering four educational packages and teaming up with three prestigious European hospitality institutions — Les Roches in Spain and EHL and Glion in Switzerland, the Saudi Press Agency reported.

The program aims to train 300 Saudi professionals in international tourism and hospitality management, advancing expertise in the Kingdom’s tourism sector.

Under the ministry’s “Ahluha” initiative, which has already trained more than 100,000 Saudi citizens, domestically and internationally, in 2024. The program focuses on equipping participants with modern management techniques and high-quality resource management skills for the tourism industry.

Candidates must meet rigorous eligibility criteria, including an honors bachelor’s degree in tourism-related fields, minimum five years of professional experience, proven English language proficiency, willingness to travel for training requirements, and successful completion of a personal interview.

According to SPA, the program builds on the success of its first edition, in which 198 graduates completed managerial training at leading Spanish and Swiss institutions.

Ministry spokesperson Mohammed Al-Rasasimah said that, through the executive master’s program, the ministry works to provide key opportunities for Saudi tourism professionals to receive advanced education and training.

He said the program represents a strategic investment in developing Saudi tourism leadership.

“This initiative is crucial for preparing the next generation of Saudi leaders who will drive our growing tourism sector,” he said.

“We are focused on enhancing our national workforce’s capabilities, expanding their horizons and exposing them to global best practices in tourism management,” he added.

 


Diriyah literary festival inspires children

In the Story Village, young visitors listened to inspiring tales told by professionals. (SPA)
In the Story Village, young visitors listened to inspiring tales told by professionals. (SPA)
Updated 08 February 2025
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Diriyah literary festival inspires children

In the Story Village, young visitors listened to inspiring tales told by professionals. (SPA)
  • Children had the opportunity to show their artistic skills in the Story and Drawing Corner in which the little ones transformed stories into paintings that reflected their creative visions

RIYADH: The Diriyah Storytelling Festival, which concluded on Feb. 8, aimed to encourage a love of reading and storytelling in young children.

As part of a series of events in Diriyah Season boasting the theme “Entertain Your Cultural Curiosity,” the festival transformed Diriyah into a magical world for children, one in which they moved between pavilions.

Photo/Saudi Press Agency

In the Story Village, young visitors listened to inspiring tales told by professionals.

Shadow Shows, meanwhile, transported children to realms inspired by the book “Kalila and Dimna,” offering a unique visual experience that blended art with literature.

Photo/Saudi Press Agency

Children also had the opportunity to show their artistic skills in the Story and Drawing Corner in which the little ones transformed stories into paintings that reflected their creative visions.

The interactive performances were no less captivating, presenting historic tales inspired by Diriyah’s rich heritage in a theatrical, interactive format that encouraged children to actively engage. This added a rich educational and cultural dimension to their experience.

The initiative was organized to strengthen the Kingdom’s role as a hub for arts and literature on the world stage.

 


Sri Lankan envoy celebrates diplomacy, independence

Sri Lankan envoy celebrates diplomacy, independence
Updated 08 February 2025
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Sri Lankan envoy celebrates diplomacy, independence

Sri Lankan envoy celebrates diplomacy, independence
  • The envoy highlighted the strong diplomatic relationship between Saudi Arabia and Sri Lanka

RIYADH: Sri Lanka’s ambassador in Riyadh, Omar Lebbe Ameer Ajwad, gave a speech on the 77th anniversary of Sri Lankan independence and 50th anniversary of diplomatic relations between the Kingdom and Sri Lanka on Feb.5 at the Cultural Palace, Diplomatic Quarters in Riyadh on Feb.5.

“I take this opportunity to extend my sincere greetings to all the Sri Lankan nationals living in the Kingdom of Saudi Arabia on the occasion of the 77th Independence Day of Sri Lanka,” he said.

The envoy’s speech focused on Sri Lanka’s politics, tourism and economy.

He also highlighted the strong diplomatic relationship between Saudi Arabia and Sri Lanka.

“Although the modern diplomatic relations between Sri Lanka and Saudi Arabia were established 50 years ago, the ancient diplomatic relations between the two countries, in fact, began in the 7th century A.D., when the then King of Sri Lanka, called Aggabodhi III (623-640 AD) dispatched his ambassador from Sri Lanka to Madina Al-Munawwarah on a factfinding mission at the time of Prophet Muhammad to learn about the new religion of Islam. This incident is reported in the Ajaib-Al-Hind by Ibn Shahriyar,” he said.