Misk Foundation Inaugurates Youth Council at the World Economic Forum

Switzerland– Mohammed bin Salman Foundation (Misk) started its participation in the World Economic Conference, Davos, Switzerland yesterday, by inaugurating the Youth Council, at the Misk’s pavilion, which offers dialogue sessions on youth topics.The …

Switzerland-- Mohammed bin Salman Foundation (Misk) started its participation in the World Economic Conference, Davos, Switzerland yesterday, by inaugurating the Youth Council, at the Misk's pavilion, which offers dialogue sessions on youth topics.

The Youth Council was inaugurated in the presence of a number of senior officials. Its activities include multiple sessions involving Saudi youth over the working days of the conference, May 22 - 26.

As part of the council’s first day program at the World Economic Forum, it hosted a number of Saudi leaders, and the beginning was by introducing the Global Youth Index 2021, which was launched by Misk Foundation to identify the most important future opportunities for youth in 30 countries around the world.

Source: Saudi Press Agency

The Griffon Vulture Takes the King Salman bin Abdulaziz Royal Reserve as a Safe Haven

Riyadh– King Salman bin Abdul Aziz Royal Reserve has spotted a large number of nesting sites for The Griffon Vulture bird on its territory. It is one of the most important observation recordings in the Middle East, where The Griffon Vulture is conside…

Riyadh-- King Salman bin Abdul Aziz Royal Reserve has spotted a large number of nesting sites for The Griffon Vulture bird on its territory. It is one of the most important observation recordings in the Middle East, where The Griffon Vulture is considered a threatened species and its numbers are significantly declining in the Arabian Peninsula (Birds of Saudi Arabia), but globally it is not threatened, according to the classification of the Red List of the International Union for the Conservation of Nature (IUCN).

The Griffon Vulture resides in the center and south of the Kingdom, and is the second largest Vulture after Lappet-faced Vulture , with a length of 150-90 cm, the wingspan 255-220 cm, weighing 11,000-6000 grams, nesting in cliffs, rock cracks, caves The small high, builds a nest of dry branches, foliage and grass, and plays a major role in maintaining the integrity of the ecosystem through its collective feeding of up to 15 individuals flying long distances, to gather with a collective signal on the bodies of dead animals such as camels, sheep, goats, wails, and deer, which is so Prevents the spread of diseases and infections from them.

The Griffon Vulture breeds collectively and in colonies, after the fourth year of its life, to lay one egg with its edict each year. Each parent takes care of the chick in a custody period of 54-48 days, and couples remain in the nesting area for approximately six months, between 110 and 115 days.

The efforts of the King Salman Bin Abdulaziz Royal Reserve are focused on achieving sustainable environmental balance by protecting biodiversity, particularly endangered species, as the reserve creates an incubator environment for Griffon Vulture couples, ensuring their continuous presence and reproduction, by activating permanent site protection programmes: satellite monitoring and assessment programmes; to track and monitor the size, behaviour of society, feeding areas, proliferation and action to protect them from threats: Such as hunting, collision, secondary poisoning, and electrocution.

Source: Saudi Press Agency

OIC, US Engage in First Round of Strategic Dialogue

Jeddah– The Organization of Islamic Cooperation (OIC) and the US launched the first two-day round of the strategic dialogue in Washington, over two days, to discuss issues of mutual interest.OIC Secretary-General Hussein Ibrahim Taha stressed that the…

Jeddah-- The Organization of Islamic Cooperation (OIC) and the US launched the first two-day round of the strategic dialogue in Washington, over two days, to discuss issues of mutual interest.

OIC Secretary-General Hussein Ibrahim Taha stressed that the first round of the strategic dialogue with the US comes at a time when the world is facing enormous challenges that require strengthening dialogue, cooperation, and solidarity to maintain peace, security, and understanding and promote development, adding that the organization encourages its member states to engage in dialogue to defuse tensions and conflicts and resolve them peacefully.

On the first day of the sessions, the two sides will discuss issues related to the situation in the Middle East, Africa, and Asia, and the fight against terrorism and extremism.

Source: Saudi Press Agency

Saudi Stock Exchange Main Index Ends Trading Lower at 12,235.91 Points

Riyadh– Saudi Stock Exchange’s main index ended trading lower here today, losing 99.03 points to close at 12,235.91 points.The total value of the trading reported was SAR 7.4 billion, while the toll of shares traded was over 170 million, divided into …

Riyadh-- Saudi Stock Exchange's main index ended trading lower here today, losing 99.03 points to close at 12,235.91 points.

The total value of the trading reported was SAR 7.4 billion, while the toll of shares traded was over 170 million, divided into over 300,000 deals.

The Saudi Parallel Equity Market Index (NOMU) ended the day gaining 34.19 points, to close at 22,363.37 points, with a valuation of SAR 30 million and an overall tally of more than 180 million stocks traded and divided into as many as 1,985 deals.

Source: Saudi Press Agency

UN migration agency and EU step up aid for 325,000 Yemenis in need

The UN migration agency IOM and the European Union’s Humanitarian Aid wing (ECHO), said on Monday that they are scaling up their efforts to respond to the needs of more than 325,000 displaced by the conflict in Yemen, including migrants and the communi…

The UN migration agency IOM and the European Union’s Humanitarian Aid wing (ECHO), said on Monday that they are scaling up their efforts to respond to the needs of more than 325,000 displaced by the conflict in Yemen, including migrants and the communities that host them.

Those in need will be provided with urgently needed shelter, health, cash, protection services and water, sanitation and hygiene (WASH) support. 

The situation is also getting worse for migrants in Yemen, especially women – IOM mission chief

Over the last seven years, the conflict in Yemen between a Saudi-led pro-Government coalition, and Houthi rebels, has triggered a dire humanitarian crisis, displacing over 4.3 million people, destroying vital infrastructure and exacerbating the needs of migrants, displaced and host communities, said IOM.

“The situation is also getting worse for migrants in Yemen, especially women, who are living in dire conditions in Yemen with little control over their lives,” said Christa Rottensteiner, Chief of the International Organization for Migration’s (IOM) Mission in the country.

Stepping up assistance

According to the UN’s humanitarian office, two out of three Yemenis rely on humanitarian assistance.

And across the country, at least 7.4 million Yemenis need shelter and household items while 17.8 million require WASH support. 

Meanwhile amid rising food and fuel prices, needs continue to intensify as the population struggles to survive in an economic crisis that has been exacerbated by the war in Ukraine, which supplied nearly 30 per cent of Yemen’s wheat supply prior to the fighting.  

“Conflict remains the main driver of displacement, but the humanitarian needs of communities have been aggravated by a weakened economy,” said Ms. Rottensteiner.

Despite the ongoing conflict and humanitarian crisis, Yemen remains a major point on the migration route from the Horn of Africa to Saudi Arabia, where many go in search of work opportunities.

Tens of thousands are estimated to be stranded and unable to return home or make it to their destination, and many are subject to grave human rights violations. So far this year, migrant arrivals into Yemen are picking up again, with nearly 25,000 estimated to have arrived in the first four months of 2022. 

Contributions from the EU are allowing IOM to provide thousands of these migrants with health assistance, information on safe migration and individualized protection assistance. 

For internally displaced persons, IOM is supporting site management and service coordination across 61 displacement sites. Cash assistance is being provided to those newly displaced by fighting and to families whose shelters require rehabilitation which prevents the risk of flooding and fire hazards.  

The funding also enables the distribution of life-saving water to communities, provide hygiene kits, rehabilitate water and sanitation infrastructure and run hygiene promotion campaigns to reduce the risk of disease outbreaks. 

“This renewed partnership with the EU is allowing IOM to continue its activities and reach thousands of displaced people and migrants with assistance that is essential to their survival,” added Ms. Rottensteiner. 

Source: United Nations

In a Report to SPA .. SDAIA: Autonomous Vehicles Will Be Commercially Available in World by 2030, Will Account for 50% of Sales after 2045

Riyadh– Artificial intelligence (AI), with its various technologies, has become one of the most important pillars of life in the present and indispensable reality in the future of humanity in light of what we are witnessing of renewable technological …

Riyadh-- Artificial intelligence (AI), with its various technologies, has become one of the most important pillars of life in the present and indispensable reality in the future of humanity in light of what we are witnessing of renewable technological development in all walks of life as a result of outcomes of the fourth industrial revolution of technologies that penetrated the most accurate details of the human life and created a new modern lifestyle that barely looks like life two decades ago, where these technologies in AI offered magnificent practical and scientific outcomes, saved time and facilitated the use of some technologies for man.

It is not fiction in the Kingdom of Saudi Arabia during the next few years if one sees a self-driving vehicle that understands traffic signs without any human intervention, where this technology is known as “autonomous vehicle” that uses AI tools. Human societies are living a transitional phase from the industrial economy to the economy that is identified by a new set of technologies belonging to digital technology and nanotechnology, as the UN noted in a report on its website.

Society of Automotive Engineers (SAE International) has identified the levels of autonomous vehicles between 0 and 5, where some countries currently has some kinds of electric cars that use self-driving technologies at levels up to the level 4, where major automobile manufacturers in the world seek to reach Level 5, which marks full autonomous vehicles without any human intervention.

SAE International, in an electronic issue for the Saudi Data and AI Authority (SDAIA), and was seen by the Saudi Press Agency (SPA), said that the motorist drives the vehicles from levels 0 to 2 upon activating driver support features even if they do not steer vehicles and their feet are away from gas pedals, in addition to supervising supporting features steering direction and controlling speed according to need to preserve safety.

The society added that upon operation between levels 3 and 5, there is no need for the motorist if they were sitting on the driver seat, where the system might ask the driver at level 3 to drive the vehicles, while at levels 4 and 5, the system will not ask the motorist to drive the vehicles at all because the system drives the vehicle, and this is the stage that major automobile manufacturers seek to reach in Germany, Japan, South Korea and the USA.

In a related context, Lucid Motors for electric cars has recently announced signing an agreement to establish its first factory in the Kingdom of Saudi Arabia with a production capacity of 155,000 cars annually, where the Kingdom of Saudi Arabia expressed commitment to buy 50,000 electric cars and the possibility to buy additional 100,000 cars through the next 10 years, where it is expected to start delivering electric cars of the factory in the Saudi market during the second quarter of 2023.

This step is an extension of close investment relations started by the Public Investment Fund with Lucid Group since 2018, which contributed to supporting the Kingdom of Saudi Arabia’s efforts in the electric cars industry sector as part of the Kingdom Vision 2030 and in line with the fund’s strategy to develop the economic transformation process of the Kingdom of Saudi Arabia and launch new sectors.

Besides the continuous attempts at the current time made by major automobile manufacturers and tech giants in the world to realize advanced levels of autonomous vehicles industry, industrial countries are racing to support this project and finish its experiments, especially that this scheme will cause a huge revolution in the vehicle industry with the use of AI technologies.

Autonomous vehicles are characterized by their ability to sense their surroundings and move with self-control and sufficiency and will contribute to reducing traffic jams on the roads, improving the quality of life and realizing the highest degrees of traffic safety, which are characteristics focused on by the Kingdom Vision 2030 as part of its aspirations to benefit from technology, innovation and science fields, and out of keenness to ensure that the Kingdom of Saudi Arabia is among leading countries in using modern technologies.

Some might think that using AI technologies is only a luxury that cannot necessarily be utilized in all walks of life, yet man in the present time cannot live without boosting his intelligence and intellectual capabilities with modern technologies not to be called illiterate, especially that it has become inevitable in light of the presence of AI-supported technologies that include: big data, Internet of Things, nano, augmented reality, 3D printing, genetics and robotics.

AI relies on several new methods and ways in programming computer systems that can be used to develop system simulating some elements of human intelligence, yet it does not completely cancel the importance of having the human mind in any process it does, where it is one of the technologies that can change balances at the international level as UNESCO mentioned in its periodical message in 2018.

Also, His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister and Minister of Defense, upon inaugurating the 2020 Global AI Summit, highlighted the importance of working hard to benefit from AI and launch the maximum of its potential to develop our societies and economies to make the Kingdom of Saudi Arabia a model for AI in the world and to take the best of data and AI to reality.

The SDAIA supervises the use of AI technologies in the Kingdom of Saudi Arabia and anticipates its future work, after a Royal Decree was issued on Thu Al-Hijjah, 1440 Hijri to establish the authority, where the decree included establishing a national center for AI and an office to administrate national data, which is organizationally connected to SDAIA.

The SDAIA is currently working with the transport sector to improve its infrastructure, enhance safety in its components and increase the efficiency of public transport as mentioned its e-publication for January, 2022 under the title “Autonomous vehicles – experiences and challenges”. In case autonomous vehicles witness a development in its technologies and an increase in its production and experiments and adopting their policies, it is expected for them to become safe and credible by 2025 and will be commercially available in the world by 2030, before they account for 50% of sale by 2045 to be available for all by 2050.

The National Transport and Logistics Strategy also focused on enabling the sector to benefit from the modern technologies to develop the quality of life and increase sustainability, where the Ministry of Transport works on several projects, including preparing an organizational framework concerned with autonomous vehicles, where testing autonomous vehicles has started to ensure the Kingdom of Saudi Arabia’s readiness to become a leading country at the regional level in these technologies.

As a result, the SDAIA is planned to hold a workshop on Thursday in coordination with Ministry of Interior to discuss the current situation in the Kingdom of Saudi Arabia and the world and the experiments that have been made in autonomous vehicles, possible usages, challenges of listing these vehicles in the Kingdom of Saudi Arabia and discussing enablers necessary for the success of this project with the participation of more than 50 representatives and specialists from relevant government institutions, including the Ministry of Transport and Logistic Services.

The capabilities of major companies in manufacturing the technologies of these vehicles vary, where more than 80 specialized firms work to develop these technologies after collecting investments worth some USD3 billion during this project, where manufacturers of these vehicles seek to address the legislative, technological, social and planning challenges.

According to countries’ preparedness index for these vehicles prepared by KPMG in 2020, Singapore ranked first for its distinguished policies and laws on the quality of roads, followed by the Netherlands thanks to its developed infrastructure that spread charging stations for electric vehicles, then Norway that realized the highest market share of electric vehicles and the USA that is developed in supporting technologies, innovation, computing, Internet of Things and AI.

Source: Saudi Press Agency