Al-Riyadh Newspaper, March 16, 2025: Diplomatic Efforts, Economic Developments, Social Initiatives, Humanitarian and Religious Outreach

This collection of articles from the Al Riyadh newspaper covers a diverse range of topics, primarily focusing on Saudi Arabia’s diplomatic efforts, economic developments, and social initiatives. The paper reports on the Crown Prince’s dialogue regarding the Ukraine crisis and the Kingdom’s commitment to facilitating peace. Additionally, it highlights Standard & Poor’s positive credit rating for Saudi Arabia and the nation’s drive to boost investment. Several articles detail Saudi Arabia’s humanitarian and religious outreach, including Ramadan feeding programs and Quran competitions internationally. Furthermore, the publication includes local news, sports updates, cultural discussions, and economic analysis, offering a broad snapshot of current affairs.

Read Previous Al-Riyaz Newspapers

Understanding the Source Material: A Study Guide

Quiz: Short Answer Questions

  1. According to the article, what is Crown Prince Mohammed bin Salman’s stance on the Russia-Ukraine conflict?
  2. What was the significance of Standard & Poor’s recent action regarding the Kingdom of Saudi Arabia’s credit rating, and what factors contributed to this decision?
  3. Dr. Mohammed Ayman Sosan discusses the “Malameh As-Siyasah Al-Kharijiyah As-Saudiyah Tijaha Suriyah.” Based on the provided text, what is a key aspect of Saudi Arabia’s foreign policy approach towards Syria?
  4. What was the record-breaking event hosted by Saudi Arabia in Indonesia during Ramadan, and what was its purpose?
  5. Describe the historical and spiritual importance of Al Rawdah Al Sharifa in the Prophet’s Mosque.
  6. What is the “King Salman’s Table” event, and what does it reflect about Saudi Arabia’s role in the Islamic world?
  7. What are some of the investment opportunities being offered in the holy sites of Makkah, as mentioned by the Kedana company?
  8. What is the current trend in the regional markets for olefins, and what are the challenges being faced by suppliers?
  9. According to the article, what was the main announcement made by the US regarding digital assets, and what are its potential implications?
  10. What were the initial demands of Syrian protestors in 2011, and what has been the significant change in the country as of the writing of this article?

Quiz Answer Key

  1. The Crown Prince emphasized the Kingdom’s keenness to facilitate dialogue and reach a political solution to the crisis in Ukraine. This aligns with Saudi Arabia’s broader efforts to promote global peace through discussion.
  2. Standard & Poor’s raised the Kingdom’s credit rating to “A+” with a stable outlook for both local and foreign currencies. This upgrade reflects the continuous progress in the Kingdom’s creditworthiness, attributed to the supported non-oil economic growth, market reforms, and diversification efforts in line with Vision 2030.
  3. A key aspect of Saudi Arabia’s foreign policy towards Syria is its focus on supporting the Syrian people, providing aid, and assisting in rebuilding Syria as a unified, independent, and safe Arab state, free from foreign interference and preserving its territorial integrity.
  4. The record-breaking event was the “King Salman’s Table,” the largest Iftar meal in ASEAN countries, held in Indonesia during Ramadan. Its purpose was to reflect the greatness of Islamic solidarity and strengthen the bonds of love between Muslim people.
  5. Al Rawdah Al Sharifa is a highly revered area within the Prophet’s Mosque, located between the Prophet’s house and his pulpit. It is considered a garden of Paradise and a place for answered prayers, a center for knowledge, and a starting point for spreading guidance.
  6. “King Salman’s Table” was a massive Iftar meal in Java, Indonesia, organized by the Saudi Ministry of Islamic Affairs. It reflects Saudi Arabia’s leading role in serving Muslims, strengthening their unity, and its continued support for Muslims at the heart of Indonesia.
  7. Kedana company is offering long-term investment opportunities in the holy sites of Makkah, including developing the squares of Jabal Ar-Rahmah for commercial units and investing in a section of the Jamarat facility to create attractions for pilgrims and residents.
  8. The pace of price increases is accelerating in the regional markets for olefins in March, with suppliers seeking larger increases to improve profit margins. However, new supplies are exacerbating the oversupply, creating challenges for buyers to absorb these higher prices.
  9. The US President signed an executive order establishing a strategic reserve of Bitcoin and other digital assets. This signifies a formal recognition of the digital assets industry at higher levels of the American government and implies a long-term holding strategy rather than immediate selling by the government.
  10. The initial demands of Syrian protestors in 2011 centered on calls for dignity, freedom, and the downfall of the Assad regime. A significant change as of the article’s writing is the reported fall of the Assad regime, following advances by opposition forces into Damascus.

Essay Format Questions

  1. Analyze the various roles Saudi Arabia is portraying on the international stage as highlighted in the provided excerpts. Consider its diplomatic efforts in the Ukraine conflict, its economic standing based on credit rating upgrades, and its initiatives within the Islamic world.
  2. Discuss the economic diversification efforts of Saudi Arabia as evidenced by the Standard & Poor’s rating upgrade, the investment opportunities in Makkah’s holy sites, and the ambitions in the semiconductor industry. What are the potential long-term impacts of these efforts?
  3. Examine the significance of cultural and religious initiatives undertaken by Saudi Arabia, such as the “King Salman’s Table” and the focus on historical mosques. How do these initiatives contribute to the Kingdom’s image and influence, both domestically and internationally?
  4. Evaluate the complexities of regional conflicts and international relations as reflected in the discussions about Ukraine, Syria, and the Israeli-Palestinian situation. What role, if any, does Saudi Arabia appear to be playing in these contexts?
  5. Analyze the interplay between economic factors (such as oil prices, market trends in olefins, and the establishment of a digital asset reserve) and geopolitical events as discussed in the provided sources. How do these factors influence each other and shape the global landscape?

Glossary of Key Terms

  • ولي العهد (Wali al-Ahd): Crown Prince. The designated successor to the throne.
  • أزمة أوكرانيا (Azmat Ukraniya): Ukraine Crisis. Refers to the ongoing conflict involving Ukraine and Russia.
  • ستاندرد آند بورز (Standard & Poor’s): A leading international credit rating agency that assesses the creditworthiness of countries and corporations.
  • التصنيف االئتماني (At-Tasneef al-I’timani): Credit Rating. An assessment of the ability of a borrower to repay their debt obligations.
  • رؤية 2030 (Ru’yah 2030): Vision 2030. Saudi Arabia’s ambitious long-term plan for economic and social reform and diversification.
  • واس (WAS): مخابرات وكالة الأنباء السعودية (Saudi Press Agency). The official news agency of Saudi Arabia.
  • مالمح السياسة الخارجية (Malamih As-Siyasah Al-Kharijiyah): Features of Foreign Policy. The main aspects and principles guiding a country’s interactions with other nations.
  • المسجد النبوي (Al-Masjid An-Nabawi): The Prophet’s Mosque in Medina, one of the holiest sites in Islam.
  • الروضة الشريفة (Ar-Rawdah Ash-Sharifah): The Noble Garden, a specific area within the Prophet’s Mosque with significant religious importance.
  • مائدة الملك سلمان (Ma’idat Al-Malik Salman): King Salman’s Table. Often refers to charitable or large-scale meal initiatives undertaken in the name of the King.
  • آسيان (ASEAN): The Association of Southeast Asian Nations, a political and economic union of states in Southeast Asia.
  • المشاعر المقدسة (Al-Masha’er Al-Muqaddasah): The Holy Sites around Makkah associated with the Hajj pilgrimage, such as Mina, Arafat, and Muzdalifah.
  • الجمرات (Al-Jamarat): The pillars in Mina that are stoned by pilgrims during Hajj, symbolizing the rejection of evil.
  • الأوليفينات (Al-Olefinat): Olefins. A group of unsaturated hydrocarbons containing at least one carbon-carbon double bond, important in the petrochemical industry.
  • البولي إيثيلين (Al-Buli Ithilin): Polyethylene. A common type of plastic polymer.
  • نوتانيكس (Nutanix): A cloud computing company.
  • Kubernetes: An open-source container orchestration system for automating application deployment, scaling, and management.
  • البيت الأبيض (Al-Bayt Al-Abyad): The White House, the official residence and principal workplace of the President of the United States.
  • البيتكوين (Al-Bitcoin): Bitcoin. A decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.
  • العمات الرقمية (Al-‘Umlat Ar-Raqamiyah): Digital Currencies. Currencies that are only available in digital form, not physical coins or banknotes.
  • هيئة تحرير الشام (Hay’at Tahrir ash-Sham): Levant Liberation Committee, a Sunni Islamist militant group involved in the Syrian Civil War.
  • داعش (Da’esh): An alternative name for the Islamic State of Iraq and Syria (ISIS), a militant group.
  • حماس (Hamas): A Palestinian Sunni-Islamist fundamentalist organization currently governing the Gaza Strip.
  • يونسيف (UNICEF): The United Nations Children’s Fund, an agency responsible for providing humanitarian and developmental aid to children worldwide.
  • الأونصة (Al-Ounsa): Ounce. A unit of weight, often used for precious metals like gold.
  • الرئيس ترمب (Ar-Ra’ees Trump): President Trump. Refers to Donald Trump, the former President of the United States.
  • أوبك + (OPEC+): A group of oil-producing countries comprising the Organization of the Petroleum Exporting Countries (OPEC) and several allied non-OPEC countries.
  • نيورو سينما (Neuro-cinema): A field that studies what happens in the brain when watching films and dramatic works.
  • اإثراء (Ithra’): اختصار لمركز الملك عبدالعزيز الثقافي العالمي (King Abdulaziz Center for World Culture). A cultural center in Dhahran, Saudi Arabia.
  • MBC: Middle East Broadcasting Center, a pan-Arab media conglomerate.
  • صناعة الأدوية (Sina’at Al-Adwiyah): Pharmaceutical Industry. The sector involved in the discovery, development, manufacture, and marketing of pharmaceutical drugs.
  • أشباه الموصالت (Ashbah Al-Mawasilat): Semiconductors. Materials that have electrical conductivity between that of a conductor (such as copper) and an insulator (such as glass), crucial for electronic devices.
  • الهوية (Al-Hawiyah): Identity. The characteristics that determine who or what a person or thing is.
  • التحول (At-Tahawwul): Transformation. A thorough or dramatic change in form or appearance.
  • الإستقرار (Al-Istiqlal): Stability. The state of being stable; resistance to change or deterioration.
  • ردة فعل (Raddat Fi’l): Reaction. An action performed or a feeling experienced in response to a situation or event.
  • موسم الرياض (Mawsim Ar-Riyadh): Riyadh Season. A large entertainment and cultural festival held annually in Riyadh, Saudi Arabia.
  • إكسبو 2030 (Expo 2030): The World Expo scheduled to be held in Riyadh in 2030.
  • كأس العالم 2034 (Ka’s Al-‘Alam 2034): The FIFA World Cup scheduled to be potentially hosted by Saudi Arabia in 2034.
  • النفط (An-Naft): Oil. Petroleum, a liquid mixture of hydrocarbons that is present in certain rock strata and can be extracted and refined to produce fuels including gasoline, kerosene, and diesel oil; mineral oil.
  • الأمن الصحي (Al-Amn As-Sihi): Health Security. Measures taken to protect public health against diseases and other health risks.
  • الاكتفاء الذاتي (Al-Iktifa’ Adh-Dhati): Self-Sufficiency. The ability to fulfill all needs without external assistance.
  • الجزائية (Al-Jaza’iyah): Penalty (in sports).
  • الفار (Al- الفار): VAR (Video Assistant Referee) in sports.
  • اللياقة البدنية (Al-Liyaqah Al-Badaniyah): Physical Fitness.
  • التكتيك (At-Taktik): Tactics (in sports or strategy).
  • الروح المعنوية (Ar-Ruh Al-Ma’nawiyah): Morale. The confidence, enthusiasm, and discipline of a person or group at a particular time.

Briefing Document: Analysis of “Al Riyadh” Newspaper Excerpts (March 16, 2025)

Date: October 26, 2023 (Based on the request date) Subject: Review of Key Themes and Information from “Al Riyadh” Newspaper (Issue 20715, March 16, 2025) Source: Excerpts from “20715.pdf” ( جريدة الرياض – العدد 20715 – السنة الثانية والستون – الأحد 16 رمضان 1446هـ 16 مارس 2025م)

This briefing document summarizes the main themes, important ideas, and key facts presented in the provided excerpts from the March 16, 2025 issue of the Saudi Arabian newspaper “Al Riyadh”.

Main Themes:

  1. Saudi Arabia’s Role in International Diplomacy and Conflict Resolution: A significant portion of the front page highlights the Kingdom’s active engagement in facilitating dialogue and seeking political solutions to international crises, particularly the conflict in Ukraine.
  2. Economic Growth and Investment: The newspaper reports on positive economic developments, including an upgrade of Saudi Arabia’s credit rating by Standard & Poor’s, citing the Kingdom’s efforts towards economic diversification and investment attraction.
  3. Developments in Saudi Foreign Policy: The excerpts touch upon Saudi Arabia’s foreign policy approach towards Syria, emphasizing support for the Syrian people and a unified, independent, and secure Syria. Additionally, the Crown Prince sent a congratulatory message to the new Canadian Prime Minister.
  4. Preservation and Development of Islamic Heritage Sites: The newspaper features articles detailing the historical and spiritual significance of the Prophet’s Mosque in Medina, including the Rawdah Al-Sharifah and the Prophet’s Mihrab. There is also news about the development and investment opportunities in historical sites within the Holy Sites (Masha’er).
  5. Social and Cultural Initiatives in Saudi Arabia: The excerpts cover various social and cultural events and initiatives, including a large Ramadan iftar organized by the Ministry of Islamic Affairs in Indonesia, the honoring of accomplished students in the Qassim region, and a seminar on the legacy of Prince Mohammed bin Fahd. The “Ithra” center’s cultural programs during Ramadan are also mentioned.
  6. Economic and Market Trends: The economic section reports on the accelerating increase in olefin prices, factors influencing the oil market (including geopolitical tensions and potential changes in production), and the gold market breaking the $3,000 barrier. There is also a piece on the potential and capabilities of the Saudi pharmaceutical industry.
  7. Developments in Regional Conflicts and Humanitarian Issues: The newspaper covers ongoing conflicts and humanitarian situations in Palestine (Gaza and the West Bank), including reports of displacement, Israeli military operations, and efforts to provide aid. The situation in Syria and Lebanon are also briefly touched upon.
  8. Sports News and Developments: The sports section reports on various events, including Yazeed Al-Rajhi’s victory in the Dakar Rally Saudi Arabia 2025, Al Nassr football club’s victory, and Colombian player Jhon Duran’s absence from a match against Brazil. The Saudi Handball Federation’s appointment of a new Spanish coach is also announced.
  9. Regulatory and Organizational Changes: The Saudi Olympic and Paralympic Committee is reported to be implementing stricter financial regulations for sports federations.

Most Important Ideas and Facts:

  • Saudi Mediation Efforts in Ukraine: Crown Prince Mohammed bin Salman reiterated to Russian President Putin the Kingdom’s keenness to “facilitate dialogue and reach a political solution to the Ukraine crisis.” The article highlights Saudi Arabia’s leadership in supporting international peace initiatives and its belief that dialogue is the only way to achieve lasting global peace. The Kingdom has hosted discussions between Ukrainian and American officials, reflecting its strong diplomatic influence.
  • S&P Credit Rating Upgrade: Standard & Poor’s raised Saudi Arabia’s credit rating to “A+” with a “stable” outlook for both local and foreign currencies. The agency’s report attributed this to the Kingdom’s “continuous progress in the credit rating,” driven by a supportive non-oil economic growth, diversification, and capital market development, which balances the risks of high sovereign foreign debt service and costs, aligning with the goals of Vision 2030.
  • Saudi Foreign Policy Towards Syria: Dr. Mohammed Ayman Sosan, the Syrian Ambassador to Saudi Arabia, outlines features of Saudi foreign policy towards Syria, emphasizing the Kingdom’s support for the Syrian people following the fall of the Assad regime. Saudi Arabia has participated in various meetings and conferences regarding Syria, affirming its commitment to a unified, independent, and secure Syria, and supporting a political transition that preserves the rights of all Syrians.
  • Significance of the Prophet’s Mosque: Articles detail the spiritual importance of the Rawdah Al-Sharifah, quoted as being “a garden from Paradise” by the Prophet Muhammad (peace be upon him). The historical evolution of the Prophet’s Mihrab (niche indicating the direction of prayer) is also described, noting the renovations undertaken during the Saudi era.
  • Investment Opportunities in Mecca’s Holy Sites: The Kidana company, the development arm of the Royal Commission for Mecca and the Holy Sites, has presented a package of long-term investment opportunities in historical sites within the Masha’er. These include developing the squares of Jabal Al-Rahmah (Mount of Mercy) and parts of the Jamarat facility into commercial units and exhibitions to enrich the experience of pilgrims and residents. The average daily number of visitors to the Masha’er is reported to be 15,000.
  • King Salman’s Ramadan Iftar in Indonesia: A massive iftar (breaking of the fast) event organized by the Saudi Ministry of Islamic Affairs in Central Java, Indonesia, set a new record in ASEAN countries, with over 28,000 fasting individuals attending. This reflects the Kingdom’s efforts to strengthen ties and promote solidarity among Muslims.
  • Gold Price Surpasses $3,000: The spot price of gold reached an all-time high of $3,004.86 per ounce during the week, driven by investors seeking safe-haven assets amid economic uncertainty and geopolitical tensions.
  • Palestine Conflict and Humanitarian Crisis: Reports detail ongoing Israeli military operations in the West Bank and Gaza, resulting in Palestinian casualties, displacement, and damage to infrastructure. International organizations warn of increasing food insecurity and the need for humanitarian assistance.
  • Saudi Pharmaceutical Industry Potential: An opinion piece emphasizes the significant potential of the Saudi pharmaceutical industry, highlighting the Kingdom’s growing market, regional leadership, and Vision 2030 goals. It stresses the need for integrated strategies to localize manufacturing, attract investment, and promote research and innovation.
  • Stricter Financial Oversight for Saudi Sports Federations: The Saudi Olympic and Paralympic Committee is implementing a strict financial agreement to address potential overspending by sports federations, emphasizing the director’s administrative role and limiting financial authority.

Quotes from Original Sources:

  • Crown Prince to Putin on Ukraine: “# ولي العهد لبوتين: المملكة حريصة على تسهيل الحوار والوصول لحل سياسي ألزمة أوكرانيا” (The Crown Prince to Putin: The Kingdom is keen to facilitate dialogue and reach a political solution to the Ukraine crisis.)
  • S&P on Saudi Arabia’s Credit Rating: “رفعت وكالة التصنيف الائتماني )S&P( ستاندرد آند بورز تصنيف المملكة الائتماني إلى »A+« مع نظرة مستقبلية »مستقرة«.” (The credit rating agency (S&P) Standard & Poor’s raised the Kingdom’s credit rating to “A+” with a “stable” future outlook.)
  • Prophet’s Saying on Rawdah Al-Sharifah: “…قال النبي -صلى الله عليه وسلم-: “ما بين بيتي ومنبري روضة من رياض الجنة”” (…the Prophet – peace and blessings be upon him – said: “What is between my house and my pulpit is a garden from the gardens of Paradise.”)
  • Kidana on Investment in Holy Sites: “طرحت شركة كدانة، الذراع المطور للهيئة الملكية لمدينة مكة والمشاعر المقدسة، حزمة فرص استثمارية »طويلة الأجل«…” (Kidana Company, the development arm of the Royal Commission for Mecca and the Holy Sites, has presented a package of “long-term” investment opportunities…)
  • Article on Modern Media: “لب الإعالم الحديث، وبناء القصة وما وراءها من تجارب هي فحوى الرسائل التي يتجاوز تأثيرها المواد الإعلامية التقليدية…” (The core of modern media, and the construction of the story and the experiences behind it, are the essence of the messages whose impact goes beyond traditional media materials…)
  • Gold Market Report: “بلغ الذهب الفوري أعلى مستوى له على الإطلاق عند 3004.86 دوالرات للأوقية” (Spot gold reached its highest level ever at $3004.86 per ounce.)
  • Commentary on Saudi Pharmaceutical Industry: “تمتلك بلادنا مقومات تجعلها قادرة على تطوير قطاع الأدوية وتحقيق الاكتفاء الذاتي…” (Our country possesses the components that make it capable of developing the pharmaceutical sector and achieving self-sufficiency…)

Conclusion:

The excerpts from “Al Riyadh” on March 16, 2025, present a snapshot of Saudi Arabia’s multifaceted engagement across international politics, economic development, cultural initiatives, and regional issues. The emphasis on diplomacy, economic growth, and the preservation of Islamic heritage underscores the Kingdom’s key priorities. The reports on regional conflicts and global market trends provide context for Saudi Arabia’s actions and policies. The inclusion of social and sports news offers a broader view of current events within the Kingdom and its interactions with the wider world.

Saudi Arabia: Diplomacy, Economy, Culture, and Markets

FAQ on the Provided Sources

  • What was the main diplomatic focus of Saudi Arabia as highlighted in the article? The main diplomatic focus highlighted was Saudi Arabia’s commitment to facilitating dialogue and finding political solutions to international crises, particularly the conflict in Ukraine. The article emphasizes the Crown Prince’s communication with President Putin, reiterating the Kingdom’s keenness on this matter. It also mentions Saudi Arabia’s history of mediation efforts and its hosting of talks between involved parties, reflecting its desire to foster global peace and stability through diplomacy and dialogue among nations with differing political views and backgrounds.
  • What positive economic development was reported for Saudi Arabia? The positive economic development reported was the upgrade of Saudi Arabia’s long and short-term sovereign credit ratings in both local and foreign currencies by Standard & Poor’s (S&P) to ‘A+’ with a ‘Stable’ outlook. S&P cited the Kingdom’s continued progress in diversifying its non-oil economy, developing its capital markets, and implementing its Vision 2030 objectives as key factors for this positive assessment. The report indicates that this progress balances the risks associated with higher external financing needs and debt servicing costs, ultimately attracting foreign investment.
  • What was the primary subject of Dr. Muhammad Ayman Sawsan’s article? The primary subject of Dr. Muhammad Ayman Sawsan’s article was the features of Saudi Arabia’s foreign policy towards Syria. The article discusses the Kingdom’s consistent stance on supporting the Syrian people, its efforts to help them rebuild a unified, independent, and safe Arab state free from foreign interference, and its emphasis on a political transition that preserves the rights of all Syrians. It also highlights Saudi Arabia’s active diplomatic role in various meetings and conferences concerning Syria following the fall of the Assad regime.
  • What was the significance of King Salman’s Ramadan iftar in Indonesia? King Salman’s Ramadan iftar in Central Java, Indonesia, was significant as it set a new record for the largest iftar table in ASEAN countries, with over 28,000 fasting people in attendance. Organized by the Saudi Ministry of Islamic Affairs, Dawah and Guidance, this event reflected the greatness of Islamic solidarity and brotherhood. Beyond just a meal, it was a message of peace and love from Saudi Arabia, reaffirming the Kingdom’s role in serving Muslims and strengthening unity among Islamic nations. This achievement also built upon a previous record set by the ministry in Indonesia in 2024.
  • What initiatives were highlighted concerning the development and preservation of historical and cultural sites in Saudi Arabia? Several initiatives were highlighted, including the Prince Faisal bin Mishal’s reception of the Qassim Region Women’s Committee’s report on their developmental work, emphasizing support for productive women and families to achieve sustainable development in line with Vision 2030. Additionally, under the patronage of Prince Abdulaziz bin Fahd bin Mohammed bin Turki Al Saud, the Al-Anoud Foundation held a seminar titled “Prince Mohammed bin Fahd: Achievements and Legacy,” focusing on historical impact. Furthermore, Kadana Development Company offered investment opportunities for historical sites in the Holy Sites of Makkah, aiming to enrich the experience of residents, pilgrims, and Umrah performers by creating commercial outlets and exhibitions that showcase the historical narrative of Makkah. The second phase of a project to renovate and restore 30 historical mosques across 10 regions was also mentioned, aiming to rehabilitate these sites for worship, preserve their architectural authenticity, and highlight the Kingdom’s cultural and religious depth, aligning with Vision 2030’s focus on preserving heritage.
  • What was the key concern regarding the market for olefin products in the region? The key concern regarding the market for olefin products in the region was the accelerating pace of price increases in the regional olefin markets. New supplies were exacerbating the oversupply situation, creating challenges for profit margins. While suppliers aimed to improve these margins with significant price hikes, there was uncertainty about whether buyers could absorb these increases. Weak import competitiveness, particularly from the United States due to high shipping costs and stable local prices, was also a major factor influencing the polyethylene market.
  • What were some of the main themes discussed at the Nutanix .NEXT On Tour event in Riyadh? The Nutanix .NEXT On Tour event in Riyadh covered several main themes related to advancing digital transformation. These included leveraging modern digital platforms like cloud computing and the shift towards enterprise artificial intelligence, the introduction of the Nutanix Kubernetes Platform for seamless migration to cloud-native applications, hybrid cloud computing as an enabler of digital transformation, and Saudi Arabia’s bid to host the 2034 FIFA World Cup, including the role of AI in football with a special appearance by Saudi national team coach Hervé Renard. The event also highlighted Nutanix’s significant investments and strategic partnerships in Saudi Arabia, such as opening a new office, increasing employee numbers, becoming a regional headquarters, partnering with the Digital Government Authority, and empowering local talent through training programs.
  • What was the significant development concerning gold prices and global stock market value? Gold prices broke the $3,000 per ounce barrier for the first time, driven by investors seeking a safe-haven asset amid economic uncertainty and geopolitical tensions, including the potential for escalating trade wars. Simultaneously, approximately $3 trillion was wiped off the global stock market value in the preceding week, with most of these losses concentrated in the United States. This reflected investor concerns over trade policies, economic slowdown fears, and rising geopolitical risks, leading to increased demand for safe assets like gold and a sell-off in equities.

Ukraine Crisis: Saudi Arabia’s Diplomatic Efforts

Based on the sources, there have been discussions and efforts related to the Ukraine crisis talks.

  • Saudi Arabia welcomed Kuwait’s hosting of talks between the United States and Ukraine. In a statement from its Ministry of Foreign Affairs, the Kingdom affirmed its support for and belief in reaching a solution to the crisis in Ukraine through peaceful means. Saudi Arabia also appreciated Kuwait’s efforts to find a political resolution.
  • Similarly, Saudi Arabia also welcomed Qatar’s hosting of talks between the United States and Ukraine. The Kingdom’s Ministry of Foreign Affairs expressed hope that these discussions would contribute to reaching a resolution to the crisis in Ukraine. Saudi Arabia also expressed its appreciation for Qatar’s diplomatic efforts aimed at bringing international viewpoints closer, reiterating Qatar’s firm belief that dialogue is the optimal choice for resolving regional and international crises and conflicts. The Ministry further reaffirmed Saudi Arabia’s support for all efforts aimed at establishing peace through cooperation among nations.
  • Earlier in the year, the Kingdom of Saudi Arabia itself was involved in facilitating discussions related to the Ukraine issue. According to one source, on the sidelines of hosting the US Secretary of State for talks with Russia, then-US President Donald Trump acknowledged the Kingdom as a “special place with special leaders” for holding such discussions. These talks took place in Riyadh.
  • Furthermore, the Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud had a phone call with the President of the Russian Federation, Vladimir Putin. During this call, they reviewed the existing areas of cooperation between the two countries and ways to enhance them. The call also involved a review of the efforts being made to resolve the Ukrainian crisis, and the Crown Prince emphasized the Kingdom’s keenness to exert all good offices to facilitate dialogue and everything that leads to a solution.

Saudi Arabia’s Diplomatic Efforts for Peace and Stability

Based on the sources and our conversation history, Saudi Arabia has been actively involved in diplomacy across several areas, demonstrating its commitment to regional and international peace and stability. Here’s a discussion of Saudi Arabia’s diplomatic efforts:

Efforts to Resolve the Ukraine Crisis:

  • As discussed in our previous conversation, Saudi Arabia has shown a keen interest in facilitating a resolution to the Ukraine crisis. Crown Prince Mohammed bin Salman emphasized the Kingdom’s eagerness to facilitate dialogue and reach a political solution during a phone call with Russian President Vladimir Putin.
  • President Putin expressed his gratitude to the Kingdom and its leaders for their efforts in settling the Ukrainian crisis, recognizing Saudi Arabia’s important role as a mediator. He also acknowledged the Kingdom’s political and economic standing and its pivotal role on the international stage, highlighting the trust major powers have in Saudi Arabia’s ability to act as a neutral and impartial mediator.
  • Furthermore, then-US President Donald Trump, in February of the previous year, acknowledged Saudi Arabia as a “special place with special leaders” for hosting talks between the US and Russia on the sidelines of a visit by the US Secretary of State to the Kingdom.
  • Saudi Arabia welcomed Kuwait’s hosting of talks between the United States and Ukraine, affirming its support for a peaceful resolution.
  • Similarly, the Kingdom welcomed Qatar’s hosting of talks between the United States and Ukraine, expressing hope for a resolution through these discussions and appreciating Qatar’s diplomatic efforts.

Broader Diplomatic Engagement:

  • The Ministry of Foreign Affairs of Saudi Arabia reiterated the Kingdom’s support for all efforts that contribute to establishing international security and stability and creating favorable conditions for development and prosperity.
  • Saudi Arabia welcomed the agreement between the Republic of Tajikistan and the Kyrgyz Republic regarding border demarcation and expressed congratulations to both countries, wishing them continued stability and prosperity.
  • The Kingdom has been actively involved in efforts to achieve national consensus among Syrians and has consistently emphasized the importance of preserving Syria’s territorial integrity, national cohesion, and sovereignty, opposing foreign interference. Saudi Arabia has called for political solutions to the Syrian crisis to alleviate the suffering of the Syrian people, many of whom have become refugees or displaced.
  • Saudi Arabia welcomed Kuwait’s hosting of talks between the United States and Ukraine, emphasizing its belief in peaceful resolutions for the Ukrainian crisis.
  • Similarly, the Kingdom welcomed Qatar’s hosting of talks between the United States and Ukraine, expressing hope for a solution and appreciating Qatar’s diplomatic endeavors.
  • Saudi Arabia has stressed the necessity of a political horizon for the Palestinian people and a negotiated solution to the conflict with Israel that meets their legitimate needs and aspirations, promoting comprehensive peace and stability in the Middle East.
  • The Kingdom has also expressed its concern over the increasing tensions and hostile actions in the West Bank, urging a reduction in these actions and affirming its readiness to engage with Arab nations to outline proposals for reconstruction and a path towards the future.
  • Saudi Arabia welcomed the convening of the Syrian National Dialogue Conference and the agreement between the Syrian government and the leader of the Syrian Democratic Forces, which aims to integrate all civil and military institutions to build a unified Syrian state. The Kingdom has also provided humanitarian aid to the Syrian people through King Salman’s Relief Center.
  • The Kingdom welcomed the invitation to the Syrian Foreign Minister, Mr. Asaad Al-Saybani, to participate in meetings of Arab foreign ministers and the resumption of Syria’s membership in the Organization of Islamic Cooperation, in which Saudi Arabia played a significant role.

In summary, Saudi Arabia’s diplomacy, as reflected in the sources, is characterized by a proactive approach to conflict resolution, a commitment to peaceful dialogue, and a willingness to support and facilitate international efforts aimed at achieving stability and peace in various regions, including the Ukraine and the Middle East. The Kingdom leverages its political and economic influence to play a constructive role on the global stage.

Saudi Arabia’s Credit Rating Upgraded to A+ by S&P

Based on the sources, Standard & Poor’s (S&P) raised the Kingdom’s credit rating to “A+” with a “stable” future outlook for both local and foreign currencies.

The agency provided reasons for this positive revision in its report:

  • The upgrade reflects the Kingdom’s continuous progress in its credit rating and the maintenance of a stable future outlook.
  • This progress is attributed to the supported and growing economic sector within Saudi Arabia.
  • The diversification of the non-oil local financial market is also a key factor.
  • This diversification is seen as balancing the risks associated with high sovereign external debt service and costs.
  • The positive rating also reflects the Kingdom’s progress in achieving the targets of its Vision 2030.

In summary, Standard & Poor’s increased Saudi Arabia’s credit rating to A+ with a stable outlook, highlighting the positive developments in the Kingdom’s economy, particularly the growth of the non-oil sector and the efforts towards achieving Vision 2030 goals, which contribute to balancing financial risks.

The Prophet’s Mosque: Key Historical and Sacred Features

Based on the sources, Al-Masjid an-Nabawi (the Prophet’s Mosque) in Medina holds immense religious and historical significance, receiving exceptional care throughout history.

Here are some key aspects discussed in the sources:

  • The Prophet’s Chamber (Hujra): The mosque houses the chamber of Aisha (may Allah be pleased with her), which contains the grave of the Prophet Muhammad (peace and blessings be upon him), as well as the graves of his two successors, Abu Bakr Al-Siddiq and Umar ibn Al-Khattab (may Allah be pleased with them). This sacred area is referred to as the “Noble Enclosure (al-Muwajaha al-Sharifa)“. Angels are said to descend upon this pure spot day and night, invoking blessings upon the Prophet.
  • The Noble Enclosure is surrounded by walls and had four doors to Aisha’s chamber: a southern door facing visitors, the western door known as Bab Fatima, Bab Aisha, or Bab al-Wufud, the eastern door towards al-Baqi’, and the northern door called Bab al-Tawba, al-Amin, or al-Tahajjud.
  • Within the Noble Enclosure, facing the Noble Rawda, is the Prophet’s window, located between two pillars. This marked the spot where the Prophet (peace be upon him) used to pray and the direction of his bed and the mihrab (niche indicating the direction of prayer). Another window is situated at the end of the eastern wall, near Bab al-Baqi’.
  • The sources emphasize the great attention and preservation efforts dedicated to the Noble Enclosure from the time of King Abdulaziz Al Saud to the present reign of King Salman bin Abdulaziz Al Saud.
  • The Prophet’s Minbar (Pulpit): The minbar is a prominent feature of the Prophet’s Mosque and is considered “a piece of Paradise” according to a hadith.
  • Initially, the Prophet (peace be upon him) would lean against a palm trunk while delivering sermons. Later, a two-stepped minbar was constructed for him. It is narrated that the original palm trunk yearned for the Prophet when he began using the minbar.
  • The minbar was about three and a half cubits high (the trunk) and the seat was two cubits long. During their caliphates, Abu Bakr, Umar, and Uthman (may Allah be pleased with them) used the minbar in a manner reflecting their respect for the Prophet’s position.
  • The minbar’s construction and appearance evolved over time, with Uthman (may Allah be pleased with him) being the first to cover it with al-Qibtiyya cloth. Later, it was made of various materials like wood and marble, and the number of steps sometimes increased.
  • The Saudi government has consistently provided care and maintenance for the minbar, including covering it with a transparent sheet and applying gold plating when necessary to preserve it as a testament to the precision of Islamic art.
  • The Prophet’s Pillars (Asatin): The original pillars of the Prophet’s Mosque were trunks of palm trees. Several of these pillars were later known by specific names, each with its own historical significance:
  • Al-Mukhallaqa (The Perfumed): This pillar marks the spot where the Prophet (peace be upon him) prayed after the direction of the Qibla was changed.
  • Aisha: Located near the Prophet’s bed in Aisha’s chamber, where she (may Allah be pleased with her) used to pray.
  • Al-Rawda (The Garden): Situated overlooking the Noble Enclosure, it had a window and was a place for the Prophet’s i’tikaf (seclusion) and where his palm-leaf bed was located.
  • Al-Hanana (The Yearning): A reminder of the original palm trunk that yearned for the Prophet.
  • Al-Surir (The Bed):.
  • Al-Muharras (The Guarded): Where Ali (may Allah be pleased with him) would sit to guard the Prophet.
  • Al-Wufud (The Delegations): Where the Prophet (peace be upon him) received Arab delegations.
  • Al-Tawba (The Repentance) / Abu Lubaba: Named after Abu Lubaba (may Allah be pleased with him), who tied himself to this pillar as a penance until Allah accepted his repentance.
  • Khokha of Abu Bakr Al-Siddiq: A small door or opening from the house of Abu Bakr Al-Siddiq (may Allah be pleased with him) led directly into the mosque. It was notable for being kept open at night when other such openings were closed.
  • Mihrab of the Prophet: The niche indicating the direction of prayer used by the Prophet (peace be upon him) is another significant feature.

The sources highlight Al-Masjid an-Nabawi as a place of immense historical and spiritual importance, with specific locations like the Prophet’s Chamber, the Minbar, and the original pillars carrying deep significance and being subjects of continuous care and attention.

Saudi Arabia Economic Investments and Vision 2030

Based on the sources, there are several key areas related to economic investments in Saudi Arabia:

  • Stimulating Investment and Economic Diversification: Saudi Arabia is actively working to stimulate investment, which is expected to enhance the growth of the non-oil sector and improve the economy’s resilience in the medium term. This drive to boost investment is a significant part of the Kingdom’s efforts to diversify its non-oil local financial market, aiming to balance the risks associated with external debt. The goal is to achieve the targets of Vision 2030.
  • Positive Economic Outlook and Growth Projections: As a result of these efforts, Standard & Poor’s (S&P) anticipates a median real GDP growth of 4% during the period of 2025-2028. This positive projection indicates confidence in the ongoing and future economic investments within the Kingdom.
  • Investments in Specific Sectors:
  • Technology and Digital Transformation: Events like the “Nutanix” forum highlight the focus on cloud computing and artificial intelligence and how these technologies can empower organizations. Partnerships with global technology leaders are also being showcased. These activities suggest investments are being made and encouraged in the digital and technology sectors.
  • Sports and Entertainment: Saudi Arabia’s bid to host the 2034 World Cup would necessitate substantial investments in infrastructure and related industries.
  • Pharmaceutical Industry: There is a clear drive to establish pharmaceutical manufacturing facilities and expand production lines within the Kingdom. The government encourages agreements with international companies to localize drug manufacturing technologies. The Public Investment Fund and the Saudi Industrial Development Fund support pharmaceutical projects, providing crucial funding and facilities for factory construction. Furthermore, the presence of advanced research centers like King Abdullah University of Science and Technology contributes to the development of pharmaceutical research.
  • Semiconductor Industry: Saudi Arabia has ambitious plans to become a significant player in the semiconductor industry through initiatives like the “Alat” company, backed by the Public Investment Fund. This is seen as a unique opportunity to deepen its economic independence by possessing another source of power alongside oil. The strategy involves partnering with leading global semiconductor companies, building ecosystems focused on suppliers, manufacturers, and research institutions, and developing a skilled workforce. The Kingdom may initially focus on specialized semiconductor markets such as those for military applications or artificial intelligence.
  • Financial Stability and Credit Rating: The raising of the Kingdom’s credit rating by S&P to “A+” signifies a positive assessment of its economic management and the potential returns on investments within the country. The stable outlook further reinforces the confidence in the Kingdom’s economic trajectory.

In summary, the sources indicate that Saudi Arabia is actively pursuing economic investments across diverse sectors, including technology, sports, pharmaceuticals, and semiconductors, as part of its Vision 2030 goals. These investments are aimed at economic diversification, boosting non-oil sector growth, and enhancing the Kingdom’s global economic standing, which is reflected in positive ratings from agencies like Standard & Poor’s.

By Amjad Izhar
Contact: amjad.izhar@gmail.com
https://amjadizhar.blog


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