{"id":91393,"date":"2024-11-11T00:00:00","date_gmt":"2024-11-11T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2024\/11\/11\/joint-arab-islamic-summit-begins-in-riyadh\/"},"modified":"2024-11-11T00:00:00","modified_gmt":"2024-11-11T00:00:00","slug":"joint-arab-islamic-summit-begins-in-riyadh","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2024\/11\/11\/joint-arab-islamic-summit-begins-in-riyadh\/","title":{"rendered":"Joint Arab-Islamic Summit begins in Riyadh"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, friends.<\/strong> It\u2019s another busy Monday, leading with the latest industrial production index figures, which point to a slight slowdown in September. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WEATHER<\/strong><strong>- <\/strong>Riyadh is looking at a high of 30\u00b0C and a low of 19\u00b0C today. Over in Jeddah, the mercury will peak at 33\u00b0C and hit a low of 28\u00b0C. Meanwhile, Madinah is looking at a high of 34\u00b0C and a low of 22\u00b0C.<\/p>\n<p class=\"tag-border-left\">HAPPENING TODAY- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a> <strong>Joint Arab-Islamic summit begins today:<\/strong> Ministerial meetings kicked off yesterday in Riyadh, laying the groundwork for today\u2019s Joint Arab-Islamic summit, <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/N2204235\" style=\"\" rel=\"noopener\">state news agency SPA<\/a> reports. The event will gather leaders from the Arab League Council and the Organization of Islamic Cooperation\u2019s member states with a focus on resolving the ongoing wars in Gaza and Lebanon. Speaking to Asharq Al Awsat, Yemeni Foreign Minister Shaye Al Zindani \u2014 whose country chairs the Arab League \u2014 said the summit aims to create a unified front that could potentially influence the UN Security Council and press Israel to adhere to international resolutions. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>While specific attendance lists are not publicly available, it is anticipated that most, if not<\/strong><strong> all, member <\/strong><strong>states of the Arab League and OIC will be represented<\/strong> at the gathering. <a target=\"_blank\" href=\"https:\/\/www.radio.gov.pk\/10-11-2024\/pm-to-attend-arab-islamic-summit-in-riyadh-on-monday\" style=\"\" rel=\"noopener\">Pakistani Prime Minister<\/a> Shehbaz Sharif, <a target=\"_blank\" href=\"https:\/\/www.lbcgroup.tv\/news\/lebanon-news\/812810\/pm-mikati-receives-invitation-from-king-salman-to-participate-in-joint\/en\" style=\"\" rel=\"noopener\">Lebanon's Prime Minister<\/a> Najib Mikati, <a target=\"_blank\" href=\"https:\/\/www.bna.bh\/en\/National\/JusticeMinisterattendspreparatorymeetingforArabIslamicsummit.aspx?cms=q8FmFJgiscL2fwIzON1%2BDh0jsO1NjLgOTR4RqciDONk%3D\" style=\"\" rel=\"noopener\">Bahrain\u2019s Justice Minister<\/a> Nawaf Al Maawda, and <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/nigerias-tinubu-call-gaza-ceasefire-riyadh-summit-2024-11-09\/\" style=\"\" rel=\"noopener\">Nigerian President<\/a> Bola Tinbu, among others, have confirmed their attendance. <\/p>\n<p class=\"tag-border-left\"> WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A Yemeni Defense Ministry employee attacked Saudi-led coalition forces in Yemen, <\/strong><strong>killing two and injuring another<\/strong>, according to a statement by coalition spokesperson Turki Al-Maliki carried by <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/en\/N2203969\" style=\"\" rel=\"noopener\">state news agency SPA<\/a>. The incident occurred during a training session at a coalition base in Seiyun. Al Maliki emphasized that this was a \u201clone wolf\u201d attack, and that the perpetrator's actions are not representative of Yemen\u2019s Defense Ministry, which coordinates with coalition forces. The story got ink from <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/saudi-led-coalition-says-two-members-its-forces-killed-yemen-2024-11-09\/\" style=\"\" rel=\"noopener\">Reuters<\/a> and <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/yemen-saudi-arabia-soldiers-killed-houthis-war-79eb16222c28985a98b77995b4a30149\" style=\"\" rel=\"noopener\">the Associated Press<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What happens now?<\/strong> Saudi\u2019s Joint Forces Command and Yemen\u2019s Defense Ministry are coordinating efforts to arrest the perpetrator and uncover the motives for the attack, while the two deceased and one injured servicemen were repatriated to Saudi Arabia. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">DATA POINTS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt2\"><\/a> <strong>#1- Jeddah\u2019s King Abdulaziz Airport beat its one-day record for most passengers served <\/strong><strong>on Wednesday 6 November<\/strong>, serving a total of 161.2k passengers across 817 flights in just 24 hours, it said in a <a target=\"_blank\" href=\"https:\/\/x.com\/KAIAirport\/status\/1855557902003540078\" style=\"\" rel=\"noopener\">post on X<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- The citizen account program disbursed SAR 3.4 bn to 10.7 mn beneficiaries for <\/strong><strong>November<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/portal.ca.gov.sa\/news\/2002\" style=\"\" rel=\"noopener\">statement<\/a>. The beneficiaries received an average of SAR 1.5k per family. The citizen account program was created to provide financial support to vulnerable Saudi families who are impacted by economic reforms, according to its <a target=\"_blank\" href=\"https:\/\/portal.ca.gov.sa\/about\" style=\"\" rel=\"noopener\">website<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>#3- AI accelerating Saudi mining:<\/strong> The use of AI and advanced analytics has helped cut mining exploration time to nine years from 16, Ma\u2019aden CEO Robert Wilt is quoted as saying in KPMG's <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/11\/838.pdf\" style=\"\" rel=\"noopener\">Global Metals and Mining Report 2024 (pdf)<\/a>. \u201cProcessing geophysical data used to take two years to do manually and now takes a matter of weeks. Evaluating core samples used to take 45 days and now takes 12 minutes,\u201d Wild said. Though one of Ma\u2019aden\u2019s biggest challenges is filling skilled labor vacancies, Wilt is optimistic about attracting talented Saudi nationals.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">NEWS TRIGGERS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A handful of news triggers coming up in the next few weeks:<\/strong><\/p>\n<ul>\n<li>Inflation rate for October (Thursday, 14 November);<\/li>\n<li>Trade balance for September (Sunday, 24 November);<\/li>\n<li>Riyad Bank PMI for November (Tuesday, 3 December);<\/li>\n<li>State budget approval and release (December).<\/li>\n<\/ul>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"ksa\/en\/user\/NewsLetters\" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>***<\/strong><strong>You\u2019re reading EnterpriseAM Saudi<\/strong>, your essential daily roundup of business, economics, and must-read news about Saudi, delivered straight to your inbox. We\u2019re out Sunday through Thursday by 7am Riyadh time.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EnterpriseAM Saudi is available without charge <\/strong>thanks to the generous support of our friends at Cenomi.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to send us a story idea<\/strong>, request coverage, ask for a correction, or otherwise get in touch? Reach out to us on <a target=\"_blank\" href=\"mailto:climate@enterprisemea.com\" style=\"\" rel=\"noopener\">saudi@enterpriseAM.com<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DID YOU KNOW <\/strong>that we also cover <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\" style=\"\" rel=\"noopener\">Egypt<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\" rel=\"noopener\">the UAE<\/a>, the MENA <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\" style=\"\" rel=\"noopener\">logistics<\/a> and  <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\" style=\"\" rel=\"noopener\">climate<\/a>  industries?<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Were you forwarded this email? <\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">Tap or click here<\/a> to get your own copy of EnterpriseAM Saudi delivered every weekday.<br \/><strong>***<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY ABROAD- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>There\u2019s no single story capturing the imagination of the international press this morning<\/strong>, instead giving us a smattering of stories about US president-elect Donald Trump\u2019s plans in office and how global leaders are reacting to his upcoming term. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Trump\u2019s policy on Russia and Ukraine is a key point of concern<\/strong> for Ukraine, Russia, and outgoing president Joe Biden, who is planning to lobby Trump to maintain the US\u2019 support for Ukraine when the two meet at the Oval Office on Wednesday. Trump, meanwhile, reportedly spoke with Russian President Vladimir Putin but urged him not to escalate his war against Ukraine, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/us\/biden-will-discuss-with-trump-top-us-priorities-wednesday-2024-11-10\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MEANWHILE- BTC rallied to a record high<\/strong> as the crypto industry sees Trump\u2019s election \u2014 including him securing all seven swing states \u2014 as a positive outcome that will see digital currencies facing less hostile policy. The cryptocurrency rose above USD 81k, with expectations it will break the USD 90k ceiling soon. The <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/170785ce-68e5-4de5-88bc-168a9a7fa3ed\" style=\"\" rel=\"noopener\">Financial Times<\/a> and <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2024\/11\/10\/over-2point8-billion-bet-on-bitcoin-topping-90000-as-it-hits-all-time-high.html\" style=\"\" rel=\"noopener\">CNBC<\/a> have more. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\"> CIRCLE YOUR CALENDAR-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.terrapinn.com\/exhibition\/saudi-rail\/index.stm\" style=\"\" rel=\"noopener\">Saudi Rail Conference and Exhibition<\/a><\/strong><strong> will take place on 20-21 November<\/strong> at the Riyadh International Convention and Exhibition Center. The event will showcase developments in the railway sector and provide insights from over 150 local and international speakers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The two-day <\/strong><strong><a target=\"_blank\" href=\"https:\/\/ztc.sa\/en\/Pages\/default.aspx\" style=\"\" rel=\"noopener\">Zakat, Tax and Customs Conference 2024<\/a><\/strong><strong> will kick off on 4 December<\/strong> at the King Abdullah Financial District. The event will bring together over 50 speakers and 10k attendees to chew over some of the solutions for the applications of zakat, tax and customs. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The two-day <\/strong><strong><a target=\"_blank\" href=\"https:\/\/impaq.media.gov.sa\/\" style=\"\" rel=\"noopener\">Impact Makers Forum (ImpaQ)<\/a><\/strong><strong> is set to open its doors on 18 December<\/strong>, bringing together media influencers, industry experts, and digital content creators in Riyadh\u2019s Mayadeen Hall.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning, friends. It\u2019s another busy Monday, leading with the latest industrial production index figures, which point to a slight slowdown in September. WEATHER- Riyadh is looking at a high of 30\u00b0C and a low of 19\u00b0C today. Over in Jeddah, the mercury will peak at 33\u00b0C and hit a low of 28\u00b0C. Meanwhile, Madinah [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":91394,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2540],"tags":[10,102,1536,9],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-91393","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-enterpriseam-ksa","tag-maaden","tag-real-estate-registry-rer","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"b0ba16f0-0734-4d60-bde3-37e771b307c0","order":"2","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/11\/891.jpg","photo_position":"above","homepage_title":"","full_issue_title":"THIS MORNING: Joint Arab-Islamic Summit begins in Riyadh","related_issue":[91391],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/11\/.574d3c12-0943-4901-a85b-fe7e2e50f7e8.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Joint Arab-Islamic Summit begins in Riyadh - KSA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/ksa\/2024\/11\/11\/joint-arab-islamic-summit-begins-in-riyadh\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Joint Arab-Islamic Summit begins in Riyadh\" \/>\n<meta property=\"og:description\" content=\"Good morning, friends. It\u2019s another busy Monday, leading with the latest industrial production index figures, which point to a slight slowdown in September. WEATHER- Riyadh is looking at a high of 30\u00b0C and a low of 19\u00b0C today. Over in Jeddah, the mercury will peak at 33\u00b0C and hit a low of 28\u00b0C. 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It\u2019s another busy Monday, leading with the latest industrial production index figures, which point to a slight slowdown in September. WEATHER- Riyadh is looking at a high of 30\u00b0C and a low of 19\u00b0C today. Over in Jeddah, the mercury will peak at 33\u00b0C and hit a low of 28\u00b0C. 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