抖阴短视频

Building a sustainable Kingdom from the ground up

Building a sustainable Kingdom from the ground up

Building a sustainable Kingdom from the ground up
To foster a sustainable future, education is essential. (AN archives)
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抖阴短视频 stands at a pivotal moment in its sustainability journey. Since the launch of Vision 2030, the Kingdom has crafted policies aimed at reaching net-zero emissions by 2060 and generating 50 percent of its electricity from renewables by the end of the decade.

These are undeniably bold aspirations. Yet, the true measure of success will hinge on the extent to which Saudi citizens embrace and drive this transformation. While top-down policies are essential, they must be complemented by a bottom-up movement.

Several countries have shown that successful sustainability requires broad public support. Germany鈥檚 Energiewende, a long-term energy and climate strategy to move the country toward a climate-neutral energy system by 2045, demonstrates the power of national commitment.

Costa Rica鈥檚 award-winning Payments for Environmental Services (Pago por Servicios Ambientales), launched in 1996, which compensates landowners for forest conservation, has been very successful in raising awareness and fostering eco-friendly behaviors.

The social acceptance of Brazil鈥檚 massive biofuel program has been essential to its success. The widespread adoption of flex-fuel vehicles, capable of running on gasoline or ethanol derived from sugarcane, has created a robust market for biofuels and acceptance of renewable energy.

Introduced in 2003, flex-fuel cars now account for about 90 percent of total passenger vehicle sales in the country. And all gas stations in Brazil offer biofuels at competitive prices.

The transition to renewable energy and a sustainable lifestyle is often hindered by personal challenges and anxieties. Financial strain, resistance to lifestyle adjustments, technological uncertainties and fear of missing out can create significant barriers.

A lack of clear guidance on eco-friendly products, effective recycling and energy-saving measures can be overwhelming. What are the best energy-saving practices? These personal matters are not trivial and must be dealt with.

By integrating sustainability into all levels, from primary school to higher education, we can cultivate a generation equipped to address environmental challenges.

Rodrigo Tavares

To foster a sustainable future, education is essential. By integrating sustainability into all levels, from primary school to higher education, we can cultivate a generation equipped to address environmental challenges.

Germany, Denmark, Costa Rica and Brazil teach sustainability practices to their students. The cultural sector is another area where ideas around eco-friendly behaviors can be effectively disseminated.

Since its establishment in 2018, 抖阴短视频鈥檚 Ministry of Culture has fostered a new generation of cultural producers and consumers by incorporating creative disciplines into the curriculum of public schools.

This approach has led to a very large number of graduates in culture-related university programs, and the development of new academic departments and institutes.

抖阴短视频 can further bolster its sustainability efforts by investing in academic research, data management and vocational training.

A new generation of young climate leaders is already making significant strides in both the public and private sectors. However, to harness the potential of its young population, 抖阴短视频 must significantly expand this talent pool.

With more than 63 percent of its population under the age of 30, sustainability offers a wealth of job opportunities and a compelling purpose for the Kingdom鈥檚 youth.

Rodrigo Tavares is an invited full professor of sustainable finance at Nova School of Business and Economics, founder and CEO of the Granito Group, and former head of the Office of Foreign Affairs of the Sao Paulo state government.

 

Disclaimer: Views expressed by writers in this section are their own and do not necessarily reflect Arab News' point of view

Saudi ministry sets deadline for international offices to complete Hajj service contracts

Saudi ministry sets deadline for international offices to complete Hajj service contracts
Updated 7 min 28 sec ago

Saudi ministry sets deadline for international offices to complete Hajj service contracts

Saudi ministry sets deadline for international offices to complete Hajj service contracts

MAKKAH: The Ministry of Hajj and Umrah has announced that Feb. 14 will be the deadline for Hajj affairs offices in various countries to finalize their contracts for services related to this year鈥檚 Hajj season.

The ministry said that these contracts must be completed through the Nusuk Masar platform, designated for Hajj pilgrims from abroad, the Saudi Press Agency reported on Monday.

To ensure the best services for pilgrims, the ministry highlighted the importance of adhering to regulations set by the relevant authorities in 抖阴短视频, including requirements for air and ground transportation.

It also urged compliance with security, health and procedural guidelines outlined in the Hajj agreement between the ministry and the pertinent offices in various countries, the SPA added.

The ministry said that after the deadline, no additional contracts will be accepted, and the actual quotas for pilgrims from various countries will be determined.

The visa issuance process will commence immediately afterward, the SPA reported.

The ministry requested Hajj offices to educate their pilgrims about the necessity of following Hajj regulations and instructions, ensuring that they obtain visas and permits through official channels.

Pilgrims also need to carry identification documents, such as the Nusuk Card, from the moment of their arrival in the Kingdom.


Saudi space agencies launch competition to develop innovative space-based solutions

Saudi space agencies launch competition to develop innovative space-based solutions
Updated 34 min 47 sec ago

Saudi space agencies launch competition to develop innovative space-based solutions

Saudi space agencies launch competition to develop innovative space-based solutions

RIYADH: The Communications, Space and Technology Commission and the Saudi Space Agency, in partnership with Neo Space Group, have launched the global SpaceUp Competition to develop innovative space-based solutions.

The contest aims to promote space entrepreneurship, support local companies specializing in space-based solutions, attract global entrepreneurs, startups and small and medium-sized enterprises, and encourage the adoption of space-based solutions across various sectors.

SpaceUp offers six challenge tracks with contractual opportunities of around $28 million, in addition to providing direct access to end-users and localization.

The first track, 鈥淢onitoring Date Palms Pest and Disease,鈥 sponsored by the Ministry of Environment, Water, and Agriculture and the Weqaa Center, focuses on space-based solutions to monitor palm farms and detect pests.

The second, 鈥淚mproving City Livability by Monitoring Urban Heat Islands,鈥 by the Quality of Life Program, aims to solve the problem of rising temperatures in crowded cities.

鈥淢onitoring the Impact of Infrastructure Development,鈥 by Riyadh Infrastructure Projects Center, promotes infrastructure projects and traffic management.

The fourth and fifth tracks, both sponsored by the Ministry of Municipalities and Housing, are 鈥淥ptimizing Urban Road Assets,鈥 which aims to provide solutions to detect urban road damage and improve maintenance, and 鈥淢apping of Urban Trees,鈥 focused on monitoring and maintaining urban green spaces.

The final track, 鈥淕reening 抖阴短视频,鈥 seeks to monitor tree growth and support sustainability efforts related to the Saudi Green Initiative.

鈥淭he SpaceUp Competition extends the efforts of CST and the SSA in enhancing investment opportunities in the Saudi space sector and stimulating research and innovation,鈥 said a statement released by the CST on Monday.

Registration for the competition starts on Jan. 20 and will be open until April 12 via the competition webpage at https://new.cst.gov.sa/en/about/program-and-initiatives/spaceup-competition


Al-Kharj dates, coffee festival records $2.6m in sales

Al-Kharj dates, coffee festival records $2.6m in sales
Updated 20 January 2025

Al-Kharj dates, coffee festival records $2.6m in sales

Al-Kharj dates, coffee festival records $2.6m in sales
  • 10-day festival featured 30 companies and shops offering over 26 varieties of dates and other products

RIYADH: Sales at the first Al-Kharj Festival of Saudi Dates and Coffee has exceeded SR10 million ($2.6 million), the Saudi Press Agency reported on Monday.

Visitors were drawn to 抖阴短视频 coffee and dates due to special offers, the approaching holy month of Ramadan, and access to specialized markets with daily promotions.

The 10-day festival featured 30 companies and shops offering more than 26 varieties of dates and related products, according to the SPA.

Additionally, 20 coffee shops were selling 2 to 3 tonnes of the brew daily, with sales increasing to around 5 tonnes on weekends.

The festival, supported by various government departments and institutions within the governorate, underscored the importance of these two products in 抖阴短视频 culture, the SPA added.

Dates represent the Kingdom鈥檚 agricultural heritage and its status as one of the world鈥檚 leading producers and exporters, while local coffee is a vital part of the national identity, symbolizing generosity and social authenticity.

Abdulaziz Al-Sharif, chairman of the festival鈥檚 organizing committee, said the event provided an opportunity for small- and medium-sized enterprises and specialized companies to connect with a wider audience and showcase their products.

The festival鈥檚 primary goal was to enhance Al-Kharj鈥檚 reputation as a vibrant tourist and heritage destination, while promoting local products on both national and international levels, the SPA reported.


Imran Khan to appeal land graft conviction in Pakistan high court this week鈥 lawyer

Imran Khan to appeal land graft conviction in Pakistan high court this week鈥 lawyer
Updated 20 January 2025

Imran Khan to appeal land graft conviction in Pakistan high court this week鈥 lawyer

Imran Khan to appeal land graft conviction in Pakistan high court this week鈥 lawyer
  • Khan was sentenced to 14 years, his wife to seven years in prison by an accountability court last week
  • Case involves charitable entity Al-Qadir Trust, set up by ex-premier and his wife Bushra Khan in 2018

ISLAMABAD: Former prime minister Imran Khan will appeal against his conviction in a land graft case in a high court this week, his lawyer Salman Akram Raja confirmed days after the Pakistan Tehreek-e-Insaf (PTI) founder was handed a 14-year jail sentence in the case. 

An accountability court in Pakistan鈥檚 capital on Friday handed Khan a 14-year jail sentence and slapped his third wife with a seven-year imprisonment term after finding them both guilty of receiving land as a bribe from a real estate tycoon.

The couple say that the Al-Qadir Trust, set up by Khan and Bushra Khan in 2018 when he was still in office, was established to impart religious education. Pakistani authorities, however, say the trust was a front for the couple to receive valuable land as a bribe from real estate developer Malik Riaz Hussain, who is one of Pakistan鈥檚 richest and most powerful businessmen. 

Hussain, like Khan and his wife, both deny any wrongdoing in the case. Khan鈥檚 party responded to the verdict last week by saying it lacked 鈥渁ny solid foundation and is bound to collapse.鈥

鈥淚f [the appeal] is not filed tomorrow [Monday] then it will be filed the day after [Tuesday],鈥 Raja told ARY News, a private news channel, on Sunday night. 鈥淎nd obviously, we will file a request with the appeal to dismiss this verdict and that the punishment should also be dismissed,鈥 he added. 

Raja hoped the high court would listen to the appeal 鈥渟oon鈥 and issue its verdict within the next few weeks. He said after the high court鈥檚 verdict, whichever party disagrees with the decision will then appeal against its decision at the Supreme Court. 

He did not specify which high court the party intends to file Khan鈥檚 appeal in. 

Authorities say the Al-Qadir Trust scheme originated with 190 million pounds repatriated to Pakistan in 2019 by Britain after Hussain forfeited cash and assets to settle a British probe into whether they were proceeds of crime. 

Instead of putting it in Pakistan鈥檚 treasury, Khan鈥檚 government is accused of using the money to pay fines levied by a court against Hussain for illegal acquisition of government lands at below-market value for development in Karachi.

Raja reiterated that Khan and his wife had not personally benefitted from the amount repatriated to Pakistan, saying that it had been used to pay Hussain鈥檚 fines as a result of a mutual understanding between the real estate tycoon and the UK鈥檚 National Crime Agency. 

鈥淥ur stance is clear: that this decision is against the law and logic,鈥 he said. 鈥淎nd cannot under any circumstances stand after an appeal.鈥

Khan, who has been in jail since August 2023 and faces a slew of legal cases, says all charges against him are politically motivated and being backed by his political rivals led by Prime Minister Shehbaz Sharif and the country鈥檚 all-powerful military. Both deny the allegations.

The announcement of the controversial verdict was delayed three times, most recently last Monday, as the government holds reconciliation talks with Khan鈥檚 PTI party. 
 


UAE鈥檚 money supply M1 increases 1.5% to $247.7bn

UAE鈥檚 money supply M1 increases 1.5% to $247.7bn
Updated 20 January 2025

UAE鈥檚 money supply M1 increases 1.5% to $247.7bn

UAE鈥檚 money supply M1 increases 1.5% to $247.7bn

RIYADH: The UAE鈥檚 M1 money supply saw a monthly rise of 1.5 percent at the end of October, reaching 909.9 billion dirhams ($247.7 billion), according to the latest figures released by the country鈥檚 central bank.

The summary report revealed the rise was primarily driven by a 14.9 billion dirhams increase in monetary deposits, which offset a 1.3 billion dirhams decline in currency circulating outside banks.

M1 supply includes liquid money that can be used for spending or transactions. It consists of cash, including coins and paper bills, and funds in checking accounts that are readily accessible for daily transactions.

The UAE鈥檚 M2 money supply, which includes M1 and quasi-monetary deposits, rose by 0.9 percent, reaching 2.27 trillion dirhams at the end of October, up from 2.25 trillion dirhams in September.

This growth was driven by an increase in M1 and a 7.5 billion dirhams rise in quasi-monetary deposits.

The country鈥檚 M3 money supply, which encompasses M2 and government deposits, grew by 1.3 percent, reaching 2.75 trillion dirhams at the end of October, compared to 2.72 trillion dirhams in September.

The report highlighted that the increase was largely attributed to the expansion of M2 and a 13.8 billion dirhams rise in government deposits.

The M3 money supply is calculated by adding government deposits held at banks operating in the UAE and the Central Bank to the M2 money supply.

The UAE鈥檚 monetary base saw a slight decline of 0.1 percent, falling to 743 billion dirhams at the end of October from 743.5 billion dirhams in September.

The decrease was primarily driven by a 11.4 percent drop in banks鈥 and other financial corporations鈥 current accounts and overnight deposits with the central bank.

This decline overshadowed increases in currency issuance by 0.8 percent, reserve accounts by 0.05 percent, and monetary bills and Islamic certificates of deposit by 6.2 percent.

The UAE鈥檚 gross banking assets, including bankers鈥 acceptances, grew by 1.3 percent, reaching 4.46 trillion dirhams at the end of October, up from 4.4 trillion dirhams in September.

The UAE鈥檚 gross credit rose by 0.6 percent, reaching 2.17 trillion dirhams at the end of October, compared to 2.16 trillion dirhams in September.

This increase was driven by a 0.6 percent rise in domestic credit and a 0.7 percent increase in foreign credit.

Domestic credit growth was driven by a 0.2 percent increase in lending to the government sector, a 3.0 percent rise in lending to the public sector, and a 0.1 percent increase in lending to the private sector, which outweighed a 1.8 percent decline in credit to non-banking financial institutions.

The country鈥檚 total bank deposits climbed by 1.5 percent, reaching 2.80 trillion dirhams at the end of October, up from 2.76 trillion dirhams in September.

This growth was driven by a 1.2 percent rise in resident deposits and a 4.7 percent increase in non-resident deposits.

The increase in resident deposits was attributed to higher deposits from the government sector by 2.3 percent, government-related entities by 3.6 percent, and the private sector by 1.1 percent, which offset a 13 percent decline in funds from non-banking financial institutions.