BEASTS FOOTSTEPS 2023

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SECOND (5) SAUDI FOURTH INDUSTRIAL
REVOLUTION FORUM.
The event, co-hosted (5) WITH THE WORLD ECONOMIC FORUM, took place in
Riyadh in October 2023, focused on (5) FOSTERING INNOVATION FOR
SUSTAINABLE DEVELOPMENT. (55) 2X5
The (5) EVENT HIGHLIGHTED SAUDI ARABIA’S EMERGING (5) ROLE AS A GLOBAL
LEADER (5) IN NEW TECHNOLOGY AND INNOVATION, EMPHASIZING THE (5)
SIGNIFICANCE OF SUPPORTIVE REGULATORY ENVIRONMENTS. (5555) 4X5
Key topics included (5) POLICY DEVELOPMENT AND RESEARCH COORDINATION
across essential sectors. (5) THE FORUM SAW SIGNIFICANT PARTICIPATION with
approximately 400 in-person attendees, over 700,000 online participants, and an
assembly (5) OF MINISTERS AND INTERNATIONAL EXPERTS (5) IN FOURTH
INDUSTRIAL REVOLUTION TECHNOLOGIES. (5555) 4X5
DAVOS WEF 2023: SAUDI ARABIA ANNOUNCES
HIGH-LEVEL DELEGATION FOR ANNUAL
WORLD ECONOMIC FORUM MEET
11 January ,2023: 05:50 PM GST
Saudi Arabia has named nine (9) high-level officials (5) WHO WILL
REPRESENT THE KINGDOM at the long-awaited annual meeting of the
WORLD ECONOMIC FORUM IN DAVOS, SWITZERLAND.
Kicking off on January 16, the forum (5) WILL CONGREGATE BUSINESS,
POLITICAL AND ACADEMIC elite who usually share insights and start
framing plans for the year ahead. The event is being held under the
THEME (5) ‘COOPERATION IN A FRAGMENTED WORLD.’ (55) 2X5
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Most (5) OF SAUDI ARABIA’S REPRESENTATIVES ARE (5) ON CURATED
FORUMS AT THE EVENT to discuss topics ranging (5) FROM SAUDI
ARABIA’S TRANSFORMATION IN (5) A CHANGING GLOBAL CONTEXT TO
(5) THE EVOLUTION OF URBAN LIFE. (5X5)
“THE SAUDI DELEGATION WILL HIGHLIGHT THE NEED TO INVEST IN
TRANSFORMATIVE SOLUTIONS TO URGENT TRANSNATIONAL
CHALLENGES, FORTIFY THE RESILIENCE AND CONNECTIVITY OF CRITICAL
TRADE AND SUPPLY CHAINS, AND EMPHASIZE THE IMPORTANCE OF
INCLUSIVE ENERGY SECURITY FOR ALL,” the Saudi Press Agency reported
on Wednesday.
“THE KINGDOM’S DELEGATION TO WEF WILL DISCUSS HOW THE
COUNTRY ADDRESSED CHALLENGES POSED BY THE PANDEMIC AND
SHARE INSIGHTS INTO THE SOLUTIONS THAT HELPED MAINTAIN A
ROBUST PERFORMANCE IN THE FACE OF RISING GLOBAL PRESSURES,”
the report added.
(5) LAST YEAR, THE SAUDI DELEGATION (5) SIGNED A NUMBER OF
AGREEMENTS (5) WITH THE WORLD ECONOMIC FORUM WHICH WAS
HELD IN MAY. The agreements touched upon enhancing the existing
partnership opportunities, promoting healthcare and focus on food
security. (555) 3X5
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SAUDI DELEGATION HIGHLIGHTS KINGDOM’S EVOLVING
GLOBAL GROWTH STORY AT WORLD ECONOMIC FORUM
His Excellency Khalid bin Abdulaziz Al-Falih, Minister of Investment,
participated in a session called ‘Reshuffling Value Chains’
Press Release January 20, 2023
Davos-Switzerland: – SAUDI ARABIA’S SMART CITY NEOM OFFERS A
NEW MODEL FOR ENVIRONMENTALLY-FRIENDLY AND SUSTAINABLE
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URBAN DESIGN, BOTH FOR THE KINGDOM AND THE WORLD, SAUDI’S
CLIMATE ENVOY TOLD THE WORLD ECONOMIC FORUM (WEF) TODAY.
During a panel session titled (5) ‘THE EVOLUTION OF URBAN LIFE’, His
Excellency Adel bin Ahmed Al-Jubeir, Minister of State for Foreign Affairs
and Climate Envoy for Saudi Arabia, said: “[THE LINE] WILL
REVOLUTIONIZE THE WAY PEOPLE LOOK AT CITIES AND URBAN
PLANNING. NEOM IS AN ATTEMPT TO CREATE A CITY THAT IS
ENVIRONMENTALLY FRIENDLY, SUSTAINABLE, THAT HAS A VERY HIGH
QUALITY OF LIFE, THAT HAS VIRTUALLY NO TRAFFIC.”
“In Saudi Arabia, we launched the (5) GLOBAL SUPPLY CHAIN RESILIENCE
INITIATIVE (GCSRI), to not only strengthen our resilience but also ENABLE
THE KINGDOM TO BECOME PART OF THE GLOBAL MULTI-HUB SYSTEM,
while playing to our strengths.”
During a session titled (5) DEPLOYMENT IN THE INDUSTRIAL
METAVERSE, His Excellency Abdullah bin Amer Alswaha, Minister of
Communications & Information Technology, said: “The current 2D world
that we live in today is not fit for purpose in the 21st century.
“I'm a big advocate of the metaverse, which is going to be the next wave
of how immersive experiences work for consumers, enterprises, and
industry. We are bringing together academics, innovators, policymakers
and regulators into a sandbox to make sure that they have a safe
environment to innovate.”
His Excellency Faisal F. Alibrahim, Saudi Arabia’s Minister of Economy and
Planning told the WEF audience the Kingdom is set to surpass projected
growth rates for 2023.
“SAUDI IS BECOMING THE GLOBAL GROWTH STORY. WE HAD THE
STRONGEST GROWTH IN THE G20 LAST YEAR and if you look more
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closely at the 8.5 percent GDP growth figure, you will see that our nonoil
activities and our private sector grew at a very high rate,” he said.
Earlier, Alibrahim addressed a panel on global tax reform, where he said:
“Under Saudi VISION 2030, we have been focusing on detaching
ourselves from traditional sources of revenue, with our economic
diversification, to think about more long-term sustainable revenue
generation, but also diversifying our sources of growth.”
In addition to the panel sessions, the Ministry of Economy and Planning
for Saudi Arabia joined forces with (5) WEF’S OPEN INNOVATION
PLATFORM UPLINK to launch a challenge designed to enhance food
security in countries with arid climates.
WEF Meetings
Global Future Councils Addressed Global Challenges in Dubai. The
Annual Meeting of the Global Future Councils 2023, hosted by the
World Economic Forum, convened in Dubai, marking the first in-person
gathering of council members in their 2023-2024 term. Notably, the
Managing Director of the Centre for the Fourth Industrial Revolution
(C4IR) KSA was among the distinguished attendees, and a member of
the Global Future Council on Advanced Manufacturing and Value
Chains. The meeting was a significant opportunity for experts to
generate innovative solutions and promote frontier thinking to address
pressing global challenges. It provided valuable insights for future
decision making and collaborative efforts to address complex global
issues
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UN 2.0 COMING THIS FALL - SETTING THE
STAGE FOR GLOBAL GOVERNMENT
The United Nations will meet in September for the 79th session of the
UN General Assembly, as well as the (5) HIGHLY-ANTICIPATED "SUMMIT
OF THE FUTURE" WHERE NATIONS WILL SIGN THE (5) SO-CALLED "PACT
FOR THE FUTURE". THE PACT IS EXPECTED TO CALL (5) FOR DECLARING
A "PLANETARY EMERGENCY". What does this agreement and its policies
mean for the future of individual and national sovereignty?
By the end of September, the United Nations member states may vote
TO (5) RADICALLY ALTER THE UN ITSELF, (5) WHAT SOME ARE CALLING
UN 2.0, (5) AND THE VERY NATURE OF (5) HOW NATION-STATES MAKE
DECISIONS REGARDING (5) THE FUTURE OF THE PLANET. The UN will
convene for the 79th session of the General Assembly in New York City

starting on September 10th in New York City. The high-level general
debate will begin on the 24th of September.
Although the UNGA is an annual meeting, THIS YEAR'S GATHERING WILL
BE UNIQUE BECAUSE OF THE ADDITION OF THE SUMMIT OF THE
FUTURE, A UN SPONSORED EVENT taking place in NYC on the 22nd and
23rd of September. The summit has been in the making since at least
2022. It is the LATEST ATTEMPT BY UN SECRETARY-GENERAL ANTONIO
GUTERRES TO "RALLY THE TROOPS", AND GARNER MORE SUPPORT FOR
A RAPID (5) COMPLETION OF THE AGENDA 2030 GOALS set by the UN in
2015.
IN MAY 2023, GUTERRES REVEALED THAT (5) EFFORTS TO COMPLETE
AGENDA 2030, AND (5) THE CORRESPONDING SUSTAINABLE
DEVELOPMENT GOALS (SDGS), WERE FAILING. Guterrres warned that
only 12 percent of the SDGs were on track to be completed. He said
progress on 50 percent of the goals is "weak and insufficient", while 30
percent of the SDGs have "stalled or gone into reverse". He predicted
that if the current trend holds only 30 percent of nations will accomplish
SDG1, focused on poverty, by 2030.
GUTERRES HAS CALLED FOR "GREATER MULTILATERAL SUPPORT FOR
THE UN DEVELOPMENT SYSTEM AND DECISIVE ACTION AT THE 2024
SUMMIT OF THE FUTURE". "I URGE YOU TO STUDY THE REPORT AND
IMPLEMENT ITS PROPOSALS," GUTERRES STATED. "THIS WILL BE A
MOMENT OF TRUTH, AND OF RECKONING. IT MUST ALSO BE A
MOMENT OF HOPE - WHEN WE UNITE TO TURN THE TIDE AND
KICKSTART A NEW DRIVE FOR SDG ACHIEVEMENT."
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OUR COMMON AGENDA: THE SUMMIT FOR THE FUTURE
In June 2020, as the United Nations marked the 75th Anniversary of the
creation of the international body, member states released a declaration
that included 12 overarching commitments relating to AGENDA 2030 and
a call for Secretary-General Guterrres to issue his own set of
recommendations for achieving the goals. This declaration included
statements like "We will leave no one behind" and "We are determined
to implement the 2030 AGENDA in full and on time. There is no
alternative".
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In September 2021, the Secretary-General responded with his report,
OUR COMMON AGENDA, which called for accelerating the
implementation of the SDGs and the commitments contained in the
UN75 Declaration. OUR COMMON AGENDA also called for A SUMMIT OF
THE FUTURE TO "FORGE A NEW GLOBAL CONSENSUS ON READYING
OURSELVES FOR A FUTURE.” The UNGA agreed to hold the Summit on
September 22nd and 23rd of this year.
THE COMMON AGENDA report called for a "RENEWAL OF TRUST AND
SOLIDARITY AT ALL LEVELS - BETWEEN PEOPLES, COUNTRIES AND
GENERATIONS". The report also called for A "FUNDAMENTAL RETHINK"
OF OUR POLITICAL, ECONOMIC AND SOCIAL SYSTEMS "SO THAT THEY
DELIVER MORE FAIRLY AND EFFECTIVELY FOR EVERYONE". Finally, THE
REPORT RECOMMENDED A "RENEWAL OF THE MULTILATERAL SYSTEM"
AND STATED THAT THE SUMMIT OF THE FUTURE WOULD BE THE
"DEFINING MOMENT" TO SET NEW AGREEMENTS FOR THESE GOALS.
The UN website dedicated to THE COMMON AGENDA states, "OUR
COMMON AGENDA is an agenda of action, designed to strengthen and
accelerate multilateral agreements - particularly the 2030 AGENDA - and
make a tangible difference in people's lives."
Secretary-General Guterres' OUR COMMON AGENDA report was the
direct inspiration for the UPCOMING SUMMIT FOR THE FUTURE. THE
SUMMIT WILL CONTINUE THE PUSH FOR NATIONS TO "REAFFIRM
EXISTING COMMITMENTS" TO THE SDGS AND THE UN CHARTER.
Member states will be expected to build on the outcomes of the 2023
SDG Summit and "breathe new life into the multilateral system" to
accomplish the AGENDA 2030.
According to THE SUMMIT FOR THE FUTURE website, the summit is a
"ONCE-IN-A-GENERATION OPPORTUNITY" TO ADDRESS GAPS IN
GLOBAL GOVERNANCE. "Multilateral governance, designed in simpler,
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slower times, is not adequate to today's COMPLEX, INTERCONNECTED,
RAPIDLY CHANGING WORLD," the website states.
Additionally, a UN document on THE SUMMIT OF THE FUTURE titled,
What Would it Deliver?, discusses THE CONCEPT OF AN UPDATED UN,
OR "UN 2.0", and what it would be mean for the future. "'UN 2.0′ is about
upgraded expertise in
1. INNOVATION,
2. DATA,
3. DIGITAL,
4. FORESIGHT,
5. BEHAVIOURAL SCIENCE
To enhance UN System results, help build similar Member State
expertise, and accelerate shared progress towards the SDGs." The
document also calls for "A GLOBAL FINANCIAL SYSTEM THAT WORKS
FOR ALL".
"A TRANSFORMED INTERNATIONAL FINANCIAL ARCHITECTURE IS FIT
FOR PURPOSE, MORE INCLUSIVE, JUST, REPRESENTATIVE, EFFECTIVE,
AND RESILIENT, RESPONSIVE TO THE WORLD TODAY rather than as it
looked following the Second World War. This architecture invests upfront
in SDGs, climate action, and future generations."
These calls mirror similar ones made during THE "SUMMIT FOR A NEW
GLOBAL FINANCING PACT" held in Paris, France in June 2023. The
Summit, led by French President Emmanuel Macron, welcomed 50 heads
of state, representatives of NGOs and civil society organizations to
discuss the effort to reset the international financial system as part of the
continued push TOWARDS THE 2030 AGENDA AND NET ZERO GOALS.
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The French government stated that the objective of the gathering was to
"build a new contract between [the global] North and South" which will
better equip the nations to fight poverty and climate change. The summit
was attended by US President Joe Biden, German Chancellor Olaf Scholz,
SAUDI ARABIA CROWN PRINCE MOHAMMED BIN SALMAN, British
Prime Minister Rishi Sunak, and Brazilian President Luiz Inacio Lula da
Silva. In addition to heads of state, the summit was ORGANIZED WITH
SUPPORT FROM THE OPEN SOCIETY FOUNDATIONS, THE BILL AND
MELINDA GATES FOUNDATION, AND THE ROCKEFELLER FOUNDATION,
AMONG OTHERS.
One of the other stated goals of the 2023 SUMMIT was to TRANSFORM
THE ENTIRE INTERNATIONAL FINANCIAL SYSTEM BY ADAPTING THE
INTERNATIONAL MONETARY FUND (IMF) AND THE WORLD BANK TO
MODERN CHALLENGES. These goals correspond with recent statements
made by Guterres where he called for a "NEW BRETTON WOODS
MOMENT", referencing the infamous 1944 international agreement that
established the IMF, and adopted rules for governing monetary relations
among independent states, including requiring each nation to guarantee
convertibility of their currencies into U.S. dollars.
For those reading between the lines and seeing through the buzzwords,
the language of these documents rings of GLOBALIST-SPEAK INTENDED
TO OVERRIDE OR OUTLAW NATIONAL AND INDIVIDUAL SOVEREIGNTY
IN FAVOR OF WORLD GOVERNMENT. A NEW MONETARY SYSTEM, A
RENEWAL OF THE MULTILATERAL SYSTEM - ALL OF THIS IS DESIGNED TO
SELL THE PUBLIC ON THE IDEA THAT THE UN (OR SOME NEW
INTERNATIONAL BODY) IS NEEDED TO TAKE HUMANITY SAFELY INTO
THE FUTURE. IN TRUTH, WE ARE LIKELY TO SEE MAJOR STEPS TOWARDS
THE CREATION OF A ONE-WORLD GOVERNMENT AT THE SUMMIT FOR
THE FUTURE.
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For example, THE SUMMIT OF THE FUTURE website notes that it will
conclude with A "PACT FOR THE FUTURE" WHICH WILL BE ENDORSED
BY HEADS OF STATE AT THE SUMMIT. THE UN SAYS THE OUTCOME OF
THE PACT WILL BE "A WORLD - AND AN INTERNATIONAL SYSTEM - THAT
IS BETTER PREPARED TO MANAGE THE CHALLENGES WE FACE NOW".
THE PACT FOR THE FUTURE IS LIKELY TO BE ANOTHER PIECE OF THE
SHIFT TOWARDS A WORLD GOVERNED BY UNELECTED
INTERNATIONALIST POLITICIANS.
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Riyadh, 22 August 2023: SAUDI GREEN INITIATIVE (SGI) HAS TODAY
ANNOUNCED THE THIRD EDITION OF THE SGI FORUM. This year’s event
will take place on 4 December, during COP28 at Expo City, Dubai,
REINFORCING SAUDI ARABIA’S ONGOING SUPPORT OF THE GLOBAL
CLIMATE AGENDA, and the Kingdom’s commitment to overcoming
environmental challenges through measurable action.
Now in its third year, the SGI Forum will build on both 2021’s inaugural
event in Riyadh which unveiled Saudi Arabia’s 2060 net zero
commitment, and on last year’s forum held in Egypt, in tandem with
COP27, revealing major climate action projects, including the launch of a
circular carbon economy knowledge hub, and the establishment of a
regional center for advancing emissions reduction with UNESCWA.
This year’s SGI Forum will be held during COP28 where it will bring
together influential figures, thought leaders, and climate experts from
the global climate ecosystem to share their insights and discuss what
more can be done to address the climate challenges faced globally
SGI was launched by His Royal Highness the Crown Prince in 2021, as a
whole-of-society initiative to enhance Saudi Arabia’s environmental
action, in line with the Kingdom’s VISION 2030, and create a greener
future for all. The initiative demonstrates Saudi’s dedication to
addressing environmental challenges facing the country, including high
temperatures, low rainfall, dust storms, and desertification.
Under SGI, the Kingdom will plant 10 billion trees across the country in
the coming decades and designate 30% of the country’s land and sea
territories as protected areas by 2030. In addition, Saudi Arabia has
committed to reducing carbon emissions by 278 million tons annually by
2030.
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AL-FALIH SAYS VISION 2030’S IMPACT ON SAUDI ECONOMY IS
VISIBLE IN 66% INCREASE IN GDP
Saudi Arabia’s Minister of Investment, HE Khalid Al-Falih, said that the
Kingdom’s gross domestic product (GDP) has increased by 66 percent
since the launch of Saudi Arabia’s VISION 2030. The comments were
made in a speech at a session titled “Energy, Petrochemicals and
Conversion Industries Workshop,” held on the sidelines of the
Guangzhou Investment Workshop in the Chinese city of Guangzhou on
Monday, according to a report in Saudi Gazette.
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The minister said that Saudi Arabia is witnessing rapid changes and the
Kingdom’s robust growth has been instrumental in transforming it into
one among the top 15 world economies, and applauded Chinese
involvement in VISION 2030.
“Saudi Arabia’s cooperation with China is evident through pumping of
huge investments between the two countries. There are still untapped
opportunities in sectors such as specialty chemicals and manufacturing
industries, which are valued at a total of more than $700 billion,” he said.
The minister said that Saudi Arabia is directing investments towards clean
energy, and supporting it with innovations and technology. “The
Kingdom is committed to expanding the use of clean energy by investing
in the largest carbon production center in the world and the low-carbon
ammonia project for carbon sequestration,” he said.
Al-Falih will attend the China – Saudi Investment Conference in Beijing on
Tuesday on the sidelines of his recent visit to China. More than 700 senior
officials, CEOs, investors and entrepreneurs are expected to attend the
conference, which aims to enhance the strategic partnership between
the two countries.
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LEAP CONFERENCE CONCLUDES IN RIYADH
WITH MAJOR DEALS, FOCUS ON TECH
The 2023 LEAP conference ended on Thursday in Riyadh, with major
deals for cloud computing centers and announcements of investments
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into the Kingdom’s tech sector in hopes of creating a vibrant startup
ecosystem.
The 4-day technical conference hosted thousands of visitors and over
700 international speakers ranging from technology and artificial
intelligence leaders to footballers and large investors.
The event was so oversubscribed that organizers had to close the doors
to new attendees on Tuesday after the venue reached maximum
capacity.
During a keynote speech at the event, Eng. Abdullah Alsawaha, Saudi
Minister of Communications and Information Technology, announced
investments worth $9 billion to support future technologies, digital
entrepreneurship, and tech startups, in order to enhance the Kingdom’s
position as the largest digital economy in the Middle East and North
Africa region.
Much of that figure were investments from US giants Oracle, Microsoft,
and Zoom, who are building cloud servers in the country.
According to a press release, the first day of the conference witnessed
the opening of the first Metaverse Academy in the MENA region by Meta,
headquartered in Saudi Arabia, the launch of Hektar by WEO Technology
and Camel Lab, a social media app with a variety of content, and the
announcement of Beem by MENA Communication and STC, a new app
with business features, high-quality voice and video calling, and instant
messaging.
Visitors to the conference were even greeted by a new face: SARA. SARA
IS SAUDI ARABIA’S FIRST ROBOT WHO CAN COMMUNICATE IN THE
LOCAL DIALECT, PERFORM POPULAR DANCES, AND RESPOND TO
ENQUIRIES.
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GLOBAL FIGHT AGAINST AGING: SAUDI’S BILLION-DOLLAR
HEVOLUTION HOLDS INAUGURAL SUMMIT
Jennifer Bell Published: 29 November ,2023: 12:52 PM GSTUpdated: 07
February ,2025: 01:42 PM GST
SAUDI ARABIA’S BILLION-DOLLAR-A-YEAR ANTI-AGING INITIATIVE,
THE HEVOLUTION FOUNDATION, AIMS TO CHANGE THE LIVES OF
MILLIONS OF PEOPLE WORLDWIDE and add trillions of dollars to global
GDP BY EXTENDING HEALTHY LIFESPAN ACROSS THE PLANET, its CEO
said during the opening of (5) THE INAUGURAL GLOBAL HEALTHSPAN
SUMMIT in Riyadh on Wednesday.
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In the largest-ever gathering of geroscience, more than 2,000 people,
including scientists and research institutions, innovators and
entrepreneurs, investors, corporate leaders, international organizations
& non-profits, and dignitaries, have come together for a summit under
THE BANNER, ‘TOGETHER WE THRIVE.’
The two-day summit aims to REVOLUTIONIZE HOW THE WORLD VIEWS
AGING AND HEALTHSPAN SCIENCE.
As Al Arabiya English reported earlier this year, SAUDI CROWN PRINCE
MOHAMMED BIN SALMAN ISSUED A ROYAL DECREE FOUR YEARS AGO
TO ESTABLISH THE KINGDOM’S HEVOLUTION FOUNDATION. HE
PLEDGED A VAST FINANCIAL INVESTMENT - OVER ONE BILLION
DOLLARS PER YEAR - INTO RESEARCH THAT WOULD EXTEND THE
HEALTHY HUMAN LIFESPAN. THE NOT-FOR-PROFIT FOUNDATION AIMS
TO DEMOCRATIZE ACCESS TO ANTI-AGING SCIENCE TO BENEFIT ALL OF
HUMANITY.
In his opening address, Dr. Mehmood Khan, CEO of the Hevolution
Foundation, said: “That commitment was one of the largest financial
support mechanisms in this field. Amazingly, four years after being
created, and two years after we were launched, we are now the second
largest funder of science in this field in the world.”
He said BY 2030, WHEN SAUDI ARABIA HOSTS THE WORLD EXPO 2030,
THE KINGDOM WILL BE SHARING “THE DISCOVERIES, THE
BREAKTHROUGHS, AND THE NEW FUTURE THAT WE ENVISION TODAY
AS IT STARTS TO BECOME REALITY.”
He added: “Imagine the vision of this different future. Imagine a vision of
the world where we change the lives of as many people as possible. And
I’m talking about hundreds of millions of people’s lives are changed
because they live healthier and longer, not just longer for the sake of
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living longer. Imagine decades of productivity… the economic benefits of
that world would be trillions of dollars of GDP impact to [developed]
countries and developing countries.”
He continued, “EVERY HUMAN BEING ON THE PLANET WILL BE
TOUCHED.”
He pointed out that the average human lifespan has increased
dramatically over the last several decades – yet if we continue as is, the
result is more years in the later stages of life, without necessarily living
better or healthier.
According to the CEO, the global community needs to come together to
DRIVE EFFORTS TO EXTEND THE HEALTHY HUMAN LIFESPAN,
UNDERSTAND THE PROCESS OF AGING, AND UTILIZE TECHNOLOGY.
Academic research, biotech startups
The Hevolution Foundation – a global fund that aims to find and invest in
innovative ways to “decelerate” the aging process and extend the
number of years people live in good health – is heavily invested in
academic research and biotech startups to promote longevity by slowing
aging and combating age-related diseases.
“This started with a vision…to create an organization that can EXPAND
HEALTHY LIFESPAN FOR THE BENEFIT OF ALL HUMANITY,” Khan said.
“This meeting is a gathering of diverse minds of diverse cultures of
diversity in thought, diversity in location, diversity and discipline with one
goal in mind. How do we change the future of human health by
rethinking what aging means to humanity?”
According to the CEO, the one billion humans today who are over 60 will
double to two billion by the year 2050.
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“The world’s demographic pyramid is going from a lot of young people
supporting a few older people…in the future, it is going to invert, with
fewer and fewer young people around, be able to take care of, and
provide the economic health and physical and societal support for an
older population,” he said.
Doing nothing is not an option, Khan pointed out.
“Imagine what that world might become?” he asked. “That’s not
acceptable for anybody in this room.”
Princess Dr. Haya Bint Khaled Bin Bandar Al Saud, Vice President of
Organizational Strategy & Development at the Hevolution Foundation,
said the general public needs more education about unhealthy aging.
“People in this conference have to start with building awareness. I think
the general public has to have a better understanding of what we actually
mean by healthy aging. And the reason why is I think unhealthy aging is
actually impacting every single person across the globe.”
“Imagine a future where women are dropping out of the workforce to
care of the sick elderly,” she said. “Or a world which sees a further drop
in birth rate and an increase of diseases, causing a chronic shift where
[fewer] people can work.”
“So, I think public awareness is key,” she concluded.
Meanwhile, Dr. Tareef AlAama, Deputy Minister of Health for Curative
Service at Saudi Arabia’s Ministry of Health, said that healthy aging and
longevity are at the “forefront and center of our daily discussions in the
Ministry of Health.”
“Saudi’s VISION 2030 has put the health of the human being first,” he
said.
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“And among the promises is to increase the lifespan or life expectancy of
individuals from what it used to be in 2016, which is to 74 to 80 years of
age by 2030,” he added.
To achieve that, Saudi is looking at scientific and data-driven methods,
which look at variability in aging sectors and regions TO DESIGN
INTERVENTIONS THAT CAN CONTRIBUTE THE MOST EFFECTIVE, COST-
EFFECTIVE WAY TO INCREASE HEALTHY LIFE EXPECTANCY.
“What you see by the Hevolution Foundation is a live example of how the
Kingdom [aspires] to be the leader in this field. I’m very sure that by 2030,
we’re going to achieve our goals.”
The summit heard from global speakers that research into longevity
science is woefully underfunded, yet it should be given the same priority
as other major health diseases such as cancer, obesity, and diabetes.
Dr. Khan said the majority of healthcare costs in the developing world
and in the developed world are driven by age-related diseases yet antiaging
research is seen as the “Cinderella” in terms of financial investment
by the private sector. Yet aging is the single most challenge facing
humanity today, alongside climate change, he said.
“Our main mission and vision are for people to live as healthy as they can
for as long as they can,” he said. “And our goal is to make everything
available to as many people as possible. We think every day about
democratizing the discoveries and the science and innovation and get
that into as many hands of as many people around the world as possible.”
Too often, he said, aging is now seen as a “financial burden” on society
and an emotional burden on the youth who caring for the elderly.
This, he said, should not be the case.
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Living better for longer will save trillions of dollars in lost productivity and
on public expenditure on common diseases, he said.
Jerry McLaughlin, CEO, Life Biosciences, said right now, the world is
improving patient’s lives but not changing people’s lives, which is why
longevity science is crucial.
“It is imperative we get there…and no longer talk about managing
symptoms of disease as we have for age-related conditions for decades.”
The great news, he said, the science is there. Giving an example, he cited
the body's remarkable ability to recycle and remove unwanted proteins.
However, he notes that as we age, this recycling system becomes less
effective, leading to the accumulation of disruptive protein aggregates.
The exciting news is that current science enables the restoration of cells
to more productive states, indicating a promising direction for the future.
In terms of investment, McLaughlin sees tremendous promise in the field
of longevity science. He believes that therapeutics in this area will have
a significant impact, both economically and societally. From an investor
or large pharma perspective, he emphasizes the critical importance of
getting involved now, predicting a future where every pharmaceutical
company will adopt a healthspan strategy.
Professor Andrew Scott of London Business School also said longevity
science has not received sufficient attention despite the dual challenges
of a declining global birth rate and an aging population.
He emphasizes the changing landscape, where individuals born today are
expected to live into their 80s and 90s, presenting a new imperative for
aging well.
But yet, he said, there is a critical oversight of economic policymakers
who have regarded longevity as solely a health issue, neglecting its
broader economic implications.
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He underscored the urgent need for an extended healthspan to
accompany increased life expectancy, emphasizing the importance of not
just living longer but living healthier.
HEVOLUTION’S INTERNATIONAL EXPANSION
As of 2023, Hevolution has expanded outside the Kingdom’s borders –
which houses its Riyadh headquarters – into its first international hub in
Boston, Massachusetts. The US office makes it the country’s biggest hub
for life sciences. It is eying up a further global hub in the United Kingdom
by the end of the year and has plans for an Asia hub.
It has also, in the past 18 months, pledged $200 million for research into
anti-aging, longevity biotech and healthy lifespan, a planned investment
in two biotech companies, evaluated more than 150 companies across
the globe as it eyes funding opportunities, is whittling down more than
500 grant applications from scientists around the world, and has
published the GCC’s first roadmap in healthy human lifespan.
Saudi scientists given a slice of billion-dollar fund
Of that number, nearly a dozen Saudi scientists have received grants from
the billion-dollar fund, contributing to THE KINGDOM'S GLOBAL
INITIATIVE TO "DEACCELERATE AGING." According to Dr. Khan, 120 Saudi
scientists applied for funding to EXPLORE INNOVATIVE APPROACHES TO
SLOWING DOWN THE AGING PROCESS, and thus far, 11 have been
granted funding.
Dr. Khan elucidated the need for diversified research in biotech sciences,
stating, "There is not a single clinic in the GCC today where a patient, as
a consumer, can undergo aging biology testing. Our organs age
differently, and everyone undergoes aging uniquely. Seeking a doctor's
opinion on 'how old am I' is overly simplistic.
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AN EXCLUSIVE INTERVIEW WITH DR. MEHMOOD KHAN,
FOUNDING CEO OF SAUDI ARABIA’S HEVOLUTION
FOUNDATION
The 966 speaks with Dr. Mehmood Khan, CEO of Saudi Arabia’s
Hevolution Foundation, a global non-profit revolutionizing the
healthspan field LAUNCHED BY ROYAL DECREE AND CHAIRED BY HRH
THE CROWN PRINCE MOHAMMED BIN SALMAN. Dr. Khan shares his
journey, Hevolution’s vision and insights into how he is working to build
the organization’s operations from the ground up. The 966’s conversation
with Dr. Khan takes place ahead of Hevolution’s inaugural Global
Healthspan Summit on Nov. 29-30 in Riyadh, Saudi Arabia. The two-day
event at the Four Seasons Hotel promises to serve as a seismic shift in
how the world perceives and acts, catalyzing the discussion from lifespan
to healthspan.
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https://youtu.be/SFf81kk22TM

#Hevolution is headquartered in Riyadh with additional international
hubs to support the expansion and execute the global mission. ITS
VISION IS TO EXPAND HEALTHY HUMAN LIFESPAN FOR THE BENEFIT OF
ALL HUMANITY. Hevolution Foundation aims to be positioned as a
global leader, catalyst, partner, and convener, to increase the number of
scientists entering the field, to increase the investable opportunities in
the field of aging, to help shape the regulatory and government
environment.
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EXCLUSIVE: SAUDI’S CROWN PRINCE HEADS NEW BLN-
DOLLAR FOUNDATION TO 'DECELERATE AGING'
The initiative aims to be the first non-profit to pursue age-related
therapeutic breakthroughs with a commitment to funding global
scientific discovery, and investing in private companies and
entrepreneurs who are dedicated to advancing aging science.
Jennifer Bell Published: 07 July ,2022: 08:13 AM GSTUpdated: 07
February ,2025: 01:43 PM GST
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Saudi Arabia is investing $1 billion per year into a pioneering new mega
research organization that aims to find and fund innovative ways to
“decelerate” the aging process and extend the number of years people
live in good health.
The Hevolution Foundation – overseen by Saudi Arabia’s Crown Prince
Mohammed Bin Salman, who serves as Chairman of the Board of
Trustees – aims to put Saudi Arabia on the map for research projects into
extending the human lifespan.
In the first ever media interview, Hevolution Foundation CEO Dr.
Mehmood Khan told Al Arabiya English that the initiative aims to be the
first non-profit to pursue age-related therapeutic breakthroughs. It is
committed to funding global scientific discovery, and investing in private
companies and entrepreneurs who are dedicated to advancing aging
science.
“By accelerating scientific research, we can actually decelerate aging and
its consequences,” Khan told Al Arabiya English. “WE SEE AGING AS THE
SECOND-MOST PRESSING CHALLENGE TO HUMANITY, AFTER CLIMATE
CHANGE.”
He continued, “Worldwide, the experience of aging is not improving very
much. The average lifespan has risen dramatically over the past century
or so, but the number of people with chronic diseases has also risen. We
are living longer, but not necessarily better.”
(5) CREATED BY SAUDI ROYAL ORDER
Khan said the Hevolution Foundation was created via a Royal Order in
Saudi Arabia in 2018, marking the organization’s official founding. The
organization was unveiled in June 2022.
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The core message behind the foundation, he said, is having a “laser-like
focus on dramatically improving a condition that affects every human on
the planet: aging,” with the belief that every human has the right to live
a longer, healthier life.
As Khan explained, the “graying” of society – meaning increased life
expectancy – is already well underway across world, including the US,
Canada, Japan, S. Korea, China, much of Europe, and parts of the MENA
region. Consequently, the global population is increasingly burdened by
age-related diseases and conditions.
“Our mission is to address this trend with a preventative approach: by
expanding our understanding of the processes of aging, toward finding a
way to decelerate it,” Khan said. “Research into the biology of aging is
relatively new, and extremely fragmented, with limited funding and a lack
of centralization and coordination.”
From stem cell research, to modifying age-limiting conditions such as
Alzheimer’s or Parkinson’s disease, to unlocking the regenerative
capacity to reverse age-related changes in the body, targeting human
aging with new therapies and medicines is a big business.
The Hevolution Foundation will fund scientific research and development
to increase the number of healthspan drugs and maximize their
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accessibility to all people. It will also invest in potential drugs at early trial
stages to accelerate drug discovery and shorten the time it takes to move
such drugs into the clinic.
“All in all, the Hevolution Foundation aims to significantly increase aging
research and to accelerate the discovery of direct solutions for aging and
age-related diseases, which in turn will have an enormous positive
impact on human quality of life, global healthcare systems and the
economy,” Khan said.
A billion-dollar budget
The foundation’s annual budget is $1 billion to accelerate science and
bring therapies to the market. According to Khan, the massive project’s
“audacious undertaking,” can be likened to the Human Genome Project
(HGP).
HGP is an international scientific research project launched 22 years ago
with the goal of determining the base pairs that make up human DNA,
and of identifying, mapping and sequencing all of the genes of the human
genome from both a physical and a functional standpoint.
It remains the world’s largest collaborative biological project.
“Despite the enormity of the challenge, the huge budget and the time it
took to complete [13 years and billions of dollars], it has enabled the
discovery of hundreds of disease genes, and many breakthrough
medicines are now in development because of research spurred by those
discoveries,” Khan said.
Like the Human Genome Project, the Hevolution Foundation not only
plans to fund research in the field of aging, but also to be an open
knowledge platform for independent research, science, and
entrepreneurship.
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It aims to ultimately be a platform to build connections between
scientists, innovators and international aging research centers, build
aging-related knowledge, and eventually increase the number of
inventions and innovations focused on expanding the healthy period of
lifespan, called ‘healthspan’; a term coined by the Foundation’s chief
scientific officer, Dr. Felipe Sierra.
“We believe that this is an ambitious approach which requires
tremendous collaboration, focus, and budget, but all big projects require
the same,” Khan said.
THROUGH THE FOUNDATION, SAUDI ARABIA AIMS TO BECOME A
KNOWLEDGE HUB FOR ANTI-AGING RESEARCH.
As Khan explains, the demographic ‘age wave’ in the industrialized world
presents a serious economic challenge.
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For example, in the US, the elderly share of the population, which was
approximately 12 percent in the year 2000, is projected to grow to 22
percent by 2050.
“That, coupled with a decline in birth rates across much of the world
means there will be too few young people supporting the elderly and
infirm,” Khan said. “So, it is vitally necessary to expand healthspan to
enable people to remain healthy and productive in their golden years.”
He continued, “THE KINGDOM OF SAUDI ARABIA CAN BECOME A
LEADER IN THE FIELD OF AGING RESEARCH IN A VARIETY OF
INTERLINKED WAYS: BY CONTRIBUTING TO GLOBAL HEALTHSPAN
RESEARCH AND DEVELOPMENT VIA BOTH GRANTS AND INVESTMENTS;
BY FUNDING BREAKTHROUGHS TO TACKLE AGE-RELATED DISEASES AND
CONDITIONS THAT ARE PARTICULARLY PRONOUNCED IN THE KINGDOM
OF SAUDI ARABIA; AND BY CATALYZING THE WIDER BIOTECH AND LIFE
SCIENCES ECOSYSTEM HERE.”
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REVERSING THE SIGNS OF AGING
Khan said the Hevolution Foundation differs from other groups that
invest in life sciences as they have both a science team and investment
team that aims to not just to treat the aging process – but stop it, or even
reverse it.
“Our strong science team and a strong investment team work
synergistically together, while also managing separate projects,” Khan
explained. “These two teams of top professionals in their fields are able
to identify breakthrough opportunities while de-risking our investments
with top-notch scientific due diligence.”
He continued, “Given the breadth and depth of knowledge that we will
be drawing on from both our scientific and investment teams, as well as
our global network of experts, over time we anticipate becoming a

‘knowledge engine,’ with a broad portfolio of investments and grant
recipients in the field of aging research.”
Khan also said the foundation’s approach differs from other groups in
that “we are focused on facilitating the development of interventions
that target the underlying mechanisms of aging, rather than just treating
its manifestation or side-effects.”
He also said the foundation wants to develop the “right incentives” for
researchers, academic institutions, professional organizations,
entrepreneurs and governments “to accelerate aging research and
development.
From stem cell research, to modifying age-limiting conditions such as
Alzheimer’s or Parkinson's disease, to unlocking the regenerative
capacity to reverse age-related changes in the body, targeting human
aging with new therapies and medicines is a big business.
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As with other foundations, the Hevolution Foundation will go through a
rigorous evaluation process with respect to grants, according to Khan.
The process will be led by a doctor who previously served as Director of
the US National Institute on Aging’s Division of Aging Biology, and his
scientific team.
Other members of the foundation’s board include Saudi Arabia’s Princess
Dr. Haya bint Khaled Al Saud, the foundation’s vice president of impact
and insight, who is also the director of the Saudi National Center for
Genomics Technology, and Saudi’s Eng. Ibrahim al-Suwaiyel, the vice
president of operations at the foundation, who has also served as COO
for the Saudi Tourism Development Fund.
“Issuing grants is a key pillar of our organizational strategy and will help
us reach our goal of dramatically improving aging, a condition that affects
every person on the planet,” Khan said. “Our grant program is part of our
plan to build, promote and protect the right incentives, as mentioned
above, for researchers, academic institutions, and others.”
Just weeks after its launch, Khan said the Foundation is making the shift
into being fully operational.
“We look forward to backing cutting-edge research in a variety of
scientific fields related to aging,” he said. “We are currently evaluating
some exciting projects and are eagerly anticipating making our first
investments and issuing our first grants in the coming months.”
IMPACT ON THE GCC
The Foundation aims to have lasting impacts on every corner of the
planet; but will be keenly felt in the GCC, where evidence suggest that
the population is “aging faster biologically than they are chronologically,”
said Khan.
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In Saudi Arabia, a report of the Saudi Scientific Diabetes Society indicated
that more than 50 percent of patients with diabetes die due to
cardiovascular causes, while the Kingdom globally ranks among the top
10 countries in the prevalence of diabetes.
“One of our key goals is healthspan equity and we will devote the
resources needed to achieve it,” Khan said. “This region, with a long
history of science and medicine, as well as current age-related health
risks, could be the catalyst for a transformation in healthspan
worldwide.”
In terms of Saudi Arabia, the Kingdom already has an advanced
healthcare system that is undergoing substantial investment and
development under the Saudi VISION 2030 Health Sector Transformation
Program.
The Hevolution Foundation’s work is focused on projects and
investments that will bring further benefits to the VISION 2030 plan in
the long-term,” Khan said, adding, “One could argue that these two are
intrinsically linked.”
“Our short-term aim is to invest in promising science and technologies
that can be moved to the market in relatively short order. We also want
to raise awareness of the importance of studying aging science by playing
a catalyst role in the field,” he said.
“Longer-term we hope to facilitate the development of an intervention
or treatment that targets the underlying mechanisms of aging all the way
through the regulatory review process and into the clinic.”
Meanwhile, the foundation “would like to stimulate funding for aging and
healthspan research from other sources worldwide. If in ten years’ time
we find that the resources we are deploying into such research is just a
small portion of the global total, we will consider that a huge success.
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SAUDI PRINCESS: THE KINGDOM’S BLN DOLLAR-A-YEAR
PROJECT TO EXTEND HEALTHY LIFESPAN
The non-profit organization Hevolution Foundation – overseen by Saudi
Arabia’s Crown Prince Mohammed bin Salman – aims to find and invest
in innovative ways to “decelerate” the aging process and extend the
number of years people live in good health.
In an interview with Al Arabiya English, HRH Saudi Princess Dr Haya Bint
Khaled Bin Bandar al-Saud, Vice President of Organizational Strategy &
Development, said she believes the Foundation’s work will see tangible
results in decelerating aging in a matter of years
Jennifer Bell Published: 28 September ,2023: 07:17 AM GSTUpdated: 07
February ,2025: 01:41 PM GST
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Four years ago, by royal decree, Saudi Arabia’s Crown Prince Mohammed
bin Salman pledged a vast financial investment - over a billion dollars a
year - into research that would extend the healthy human lifespan, which
led to the birth of the Kingdom’s Hevolution Foundation.
The Foundation - a global fund that aims to find and invest in innovative
ways to “decelerate” the aging process and extend the number of years
people live in good health - is heavily invested in academic research and
biotech startups that promote longevity by slowing aging and combating
age-related diseases.
In an interview with Al Arabiya English, Saudi Princess HRH Dr Haya Bint
Khaled Bin Bandar al-Saud, Vice President of Organizational Strategy &
Development, said she believes the Foundation’s work will see tangible
results in decelerating aging in a matter of years.
“We are an organization that’s helping all humanity,” she said, adding
that the initiative aims to be the first non-profit to pursue age-related
therapeutic breakthroughs. It is committed to funding global scientific
discovery, and investing in private companies and entrepreneurs
dedicated to advancing aging science.
“Hevolution wants to become a convener and to become a catalyst in the
field and bridge the gap in the funding in terms of investment and in
science, and the Hevolution Foundation has done multiple activities in
the past year to ensure that we develop this convening and catalyst
platform to move the healthspan science forward for the benefit of all of
humanity.”
Dr al-Saud said therapeutics that extend a healthy human lifespan will
redefine healthcare in the 21st century.
As of 2023, the non-profit organization has expanded outside the
Kingdom’s borders – which houses its Riyadh headquarters – into its first
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international hub in Boston, Massachusetts. The US office makes it the
country’s biggest hub for life sciences. It is eying up a further global hub
in the United Kingdom by the end of the year and has plans for an Asia
hub.
It has also, in the past 18 months, pledged $200 million for research into
anti-aging, longevity biotech and healthy lifespan, a planned investment
in two biotech companies, evaluated more than 150 companies across
the globe as it eyes funding opportunities, is whittling down more than
500 grant applications from scientists around the world, has published
the GCC’s first roadmap in healthy human lifespan, and is gearing to host
the Kingdom’s first Global Healthspan Summit in November.
The organization has funded numerous researchers at top-tier
institutions, including via a partnership with the American Federation for
Aging Research (AFAR), a leading non-profit organization supporting
biomedical aging research.
TARGETING THE ROOT CAUSE OF AGING
The primary investment focus of the Hevolution Foundation is on earlystage
companies developing therapies and technologies that target the
root causes of aging.
The Saudi-headquartered Foundation will also invest in platforms and
technologies that aim to compress drug development timelines or
increase accessibility to therapeutics within the context of extending the
healthy human lifespan.
Also speaking with Al Arabiya English, Dr Mehmood Khan, CEO of the
Hevolution Foundation, said the “genesis” of the Hevolution Foundation
“was to take on a global health challenge which affects every person on
the planet - everybody’s aging.” An increased life expectancy is
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accompanied by increasing disability and diseases that are associated
with aging, said Dr Khan.
“And nobody knows that better than the UK NHS, which essentially is
crumbling as a result of the disease burden from age-related diseases.
The same is true in the US. And as we look at the global challenge, China,
Japan, South Korea, with aging populations and now much of the
developing world as well, including the increasing prevalence of diabetes,
cancer with the young population in the Middle East.”
Saudi Princess Dr Haya Bint Khaled Bin Bandar al-Saud, Vice President of
Organizational Strategy & Development, and Dr Mehmood Khan, CEO of the
Hevolution Foundation, say the Saudi organization will help all of humanity.
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Dr Khan points out that the average lifespan has grown dramatically since
the mid-1800s. However, the average healthy lifespan (the years spent in
good health) has hardly increased. Although people live longer, their
additional years are usually accompanied by poor health. Most of this
disease burden is attributable to age-related, non-communicable
diseases (NCDs).
Moreover, many societies worldwide are steadily graying, and elderly
populations are swelling (a phenomenon known as the age wave or the
silver tsunami) even as birth rates are falling. Aging societies face a future
in which older people will noticeably outnumber the working-age
population, presenting an unprecedented economic challenge and
possibly fueling intergenerational tension. This is already the case in
some countries, such as Japan, where 30 percent of the population is 65
or older.
Even beyond public health challenges, population aging will usher in
fundamental, society-wide changes needed to accommodate a
transformed population structure.
“This [anti-aging research] is one of the most under-invested fields
relative to the need. So, we want to balance that out and get all the
players up the table, including the private sector,” said Dr Khan.
“So that’s sort of the genesis of Hevolution and its purpose, which is to
expand healthy lifespan... and everything we invest in and fund and do
has to be democratized, and we are really looking for things that are
going to have an impact on as many people in the world as possible -
regardless of their location, their gender, their age, and religion, etc.”
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The initiative aims to be the first non-profit to pursue age-related
therapeutic breakthroughs with a commitment to funding global
scientific discovery, and investing in private companies and
entrepreneurs who are dedicated to advancing aging science.
BUT WHY ANTI-AGING?
With the Saudi VISION 2030, a strategic framework that seeks to diversify
the Saudi Arabian economy, Dr Khan, who the Saudi royal family hired to
oversee the global Foundation in 2020, said THE HEVOLUTION
FOUNDATION “PERFECTLY ALIGNS” WITH THE GOALS OF THE
KINGDOM’S BLUEPRINT.
He points out that AI AND HEALTHCARE ARE AT THE HEART OF THE 2030
VISION FRAMEWORK. It seeks to boost the country’s image globally by
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investing in healthcare, education, artificial intelligence, and other
projects.
Additionally, three priorities for the goal’s ongoing health reforms are to
improve access to healthcare services, to improve the quality and
efficiency of the health system, and to strengthen prevention against
health threats, all of which are relevant to the healthy aging agenda.
“VISION 2030 clearly lays out two things,” said Dr Khan. “One is the goal
to extend the lifespan in the country. Yes, it also aims to prevent chronic
diseases and improve the population’s health. When you combine those
two parts of VISION 2030 you get the Hevolution Foundation.”
He added: “The consequence of aging is very relevant for the Middle
East. Ask any Middle Eastern resident, and there are people who either
have diabetes or know somebody who has a loved one who has diabetes,
or heart disease.”
“Now, in the region, one of the commonest cancers occurring is colon
cancer (which) was almost unheard of two or three decades (ago).”
“So, for all those reasons, this will need substantial investment. Based on
our royal decree, we see ourselves as an opportunity to help lead this
initiative for the world’s benefit. But it also is very relevant and maybe
proportionate even more relevant to citizens of the GCC.”
RAPID EXPANSION
The team – which began as a two-person band in 2019, with Dr al-Saud
and Khan being the first two employees – has rapidly expanded in size,
with 60 employees, a further 70 planned by the end of the year – and a
team that proudly boasts half of its senior workforce as females – many
of them Saudi, said Dr Khan. The US hub was the “obvious” choice for its
first headquarters out of the Kingdom, Dr Khan said.
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The Hevolution Foundation - a global fund that aims to find and invest in
innovative ways to “decelerate” the aging process and extend the
number of years people live in good health - is heavily invested in
academic research and biotech startups that promote longevity by
slowing aging and combating age-related diseases
“We looked at the global footprint of activity in life sciences in general on
aging, sciences and aging biology, because our goal is not just to treat the
diseases as an end stage - we’re not developing another diabetes drug -
we’re trying to find out how do we change the aging process itself.”
“Again, to emphasize, (it is) not so you can live longer, but that you live
healthy for longer,” Dr Khan said.
“If you’re really going to have a launching pad for where you are moving
this field, you have got to go where the action is. The US made clear
sense. If we look at Boston, a combination of academic institutions,
science activity, and venture capital in biotechnology companies as well
as Big Pharma, there’s no question Boston has it all.”
The UK – a “leader” in healthcare – was another obvious choice for its
third headquarters to be opened next year, although the exact
geographic location of the hub is yet to be determined.
THE NEXT STEP IS ASIA.
“Asia is rapidly growing, and we are a global entity. We look at where the
activity will grow. Japan is continuing to grow in this area,” said Dr Khan.
“South Korea, Singapore, China, etc. are also major players. Let us
consider that 40 percent of Japan’s population is already 60. Almost half
of China - with a one child policy - has a massive aging challenge. Same
with Singapore. Meanwhile, South Korea’s fertility rate is the world’s
lowest. So, the birth rate can’t even replace the current deaths in the
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population. So, you will have an aging population with very few young
people. These are all major challenges.”
The Hevolution Foundation is funding scientists from across the globe to
research anti-aging breakthroughs.
Dr Khan says, that far from just giving grants to fund research into
extending the healthy lifespan, the idea of the Hevolution Foundation is
to convene experts from fields from across the globe, who might not
otherwise come together, to brainstorm and come up with innovative
breakthroughs that can help with a myriad of age-related diseases – from
diabetes, to cancer, to heart disease.
“For example, we strike to bring together investors, scientists, Big
Pharma, regulators, and policymakers at the same time. So, we are a
convener. We are a catalyst, and we’re using multiple levers to say how
do we catalyze to move forward faster.”
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“A lot of people are suffering from the consequences of aging-related
diseases. And so, the faster we can move the field, the quicker we can
bring solutions that are available to practitioners to healthcare providers
to ultimately to consumers and patients. That is our mission.”
THE HEVOLUTION FOUNDATION IS ALREADY DELIVERING ON THAT PROMISE.
“In our initial first year of operation, and by the end of this year, we will
have funded scientists in more than two dozen laboratories around the
world already,” said Dr Khan. “This year, we have pledged funding of
more than $200 million in commitments that we’ve made with multiple
institutions. We will also have funded a dozen scientists in the Kingdom
of Saudi Arabia alone.”
Grants already support a wide range of research areas in longevity. For
example, scientists are investigating how muscle stem cells and the
neuromuscular junction change as people age. Researchers are also
studying the cellular processes behind the onset of frailty in older
individuals. Some SCIENTISTS ARE EXPLORING HOW RNA EDITING
AFFECTS HOW OUR BODIES RESPOND TO MITOCHONDRIAL PROBLEMS
RELATED TO AGING. Others are examining the age-related changes in the
epigenetics of individual cells using a high-throughput approach.
Research also focuses on understanding how the immune system linked
to mitochondrial genes functions as the population ages.
Dr Khan added: “We have also evaluated more than 150 companies
around the world. We’ve already built a database with the companies
that are active in the aging space globally. And we’ve received
applications and letters of intent from scientists from around the world.
OVER 500 SCIENTISTS HAVE APPLIED ONE WAY OR ANOTHER TO
COLLABORATE WITH THE FUND AND GET FUNDING FROM US IN THIS
FIELD.”
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Dr al-Saud said another step forward for the Foundation’s work in 2023
has been drawing up the GCC’s first roadmap on healthy longevity and
how to promote healthy aging in the Gulf, a region increasingly burdened
by age-related diseases and conditions.
This involved bringing the “best mindsets” across different sectors,
ranging from science, policy, venture capitalists, investments, pharma -
and the general public.
“We tried to address and understand what we observe today in terms of
aging and accelerated aging by looking at the frequency of noncommunicable
diseases in the region. And we started the conversation
on how we bridge the gap and address these challenges in the GCC and
in the Kingdom of Saudi Arabia specifically.”
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It led to the report, ‘Enabling a Healthy Lifespan for Saudi Arabia’,
highlighting Saudi Arabia’s current advantageous demographic situation,
with a predominantly working-age population and a low agedependency
ratio. However, this advantage will diminish as the
workforce ages and birth rates decline. The report emphasizes the
opportunity for Saudi Arabia to invest in healthy longevity now.
Key topics covered in the report include trends in life expectancy, the gap
between life expectancy and healthy life expectancy, non-communicable
disease (NCD) risk factors, the aging transition in GCC countries, and
strategies for addressing population aging challenges.
Saudi Arabia has seen significant improvements in average life
expectancy, increasing from 46 to 76 years by 2020. However, healthy life
expectancy is around 64 years, indicating a 10-year gap between lifespan
and healthy years. Healthspan research aims to bridge this gap.
The United Nations’ Sustainable Development Goal 3 aims to reduce
premature mortality from major NCDs by one-third globally by 2030. The
report reveals that 30-year-old Saudis face a 20.9 percent probability of
premature death from NCDs, higher than the global average. Diabetes
prevalence in Saudi Arabia is 18.7 percent, with elevated blood pressure
rates above 20 percent.
Globally, the transition from an aging society to an aged society is
accelerating. Saudi Arabia is projected to reach an aged society by 2042,
with a 10-year transition period.
It led to the report, ‘Enabling a Healthy Lifespan for Saudi Arabia’,
highlighting Saudi Arabia’s current advantageous demographic situation,
with a predominantly working-age population and a low agedependency
ratio. However, this advantage will diminish as the
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workforce ages and birth rates decline. The report emphasizes the
opportunity for Saudi Arabia to invest in healthy longevity now.
Key topics covered in the report include trends in life expectancy, the gap
between life expectancy and healthy life expectancy, non-communicable
disease (NCD) risk factors, the aging transition in GCC countries, and
strategies for addressing population aging challenges.
Saudi Arabia has seen significant improvements in average life
expectancy, increasing from 46 to 76 years by 2020. However, healthy life
expectancy is around 64 years, indicating a 10-year gap between lifespan
and healthy years. Healthspan research aims to bridge this gap.
The United Nations’ Sustainable Development Goal 3 aims to reduce
premature mortality from major NCDs by one-third globally by 2030. The
report reveals that 30-year-old Saudis face a 20.9 percent probability of
premature death from NCDs, higher than the global average. Diabetes
prevalence in Saudi Arabia is 18.7 percent, with elevated blood pressure
rates above 20 percent.
Globally, the transition from an aging society to an aged society is
accelerating. Saudi Arabia is projected to reach an aged society by 2042,
with a 10-year transition period.
Age-related NCDs strain healthcare systems and budgets, with diabetes
alone accounting for 17.5 percent of Saudi Arabia’s health expenditures
in 2015. NCDs also impact economic productivity through absenteeism
and presenteeism. In the GCC, major NCDs cost $97.3 billion annually,
equivalent to 3.4 percent of GDP in 2019.
As the population ages, NCD burdens and costs will rise.
Promoting a healthy lifespan can unlock the “longevity dividend” by
enabling individuals to contribute more to society over an extended
period.
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Dr al-Saud said: “What we’re trying to achieve here, and it is alongside
VISION 2030, is how do we decrease age and age-related diseases which
we see in high frequency in the Saudi population.”
“However, at the same time, we’re trying to extend lifespan, but putting
these two things together, decreasing non-communicable diseases or
age-related diseases and extending lifespan would eventually lead to
extending healthy lifespan. So, we are working as Hevolution Foundation,
trying to help in what’s happening in the Kingdom now in terms of the
future, but at the same time, we’re also impacting externally in
addressing this global challenge.”
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SAUDI’S FINANCIAL COMMITMENT
While the hefty cost of the financial commitment that the Hevolution
Foundation initially stated – SAR4 billion ($1.07 billion) has been widely
talked about – Dr Khan said the goal is to leverage the investment of its
funding to bring other agents and industries to the table to increase their
investment.
“So, we may be one of the larger players (now). However, if we end up
being one of the smaller ones in a few years, we will celebrate,” said Dr
Khan, adding this will demonstrate the Hevolution Foundation has
helped spread the word about anti-aging and longevity funding and that
much-needed investment into the under-funded field of longevity
biotech has been stepped up.
Regarding distributing grants, Dr Khan said a key interest is the several
pathways that impact and regulate the aging process.
“Our ability to handle energy, our ability to get rid of debris in cells, our
ability to restore our DNA function and things like that. We are looking at
all of these. There are some promising areas in those areas within those
that we are funding.”

He said that they are also looking at measuring aging aptly.
“There are two parts for measuring aging at a biological level. Look at
your chronological age based on the year you were born. That’s one
thing, but we all know that people age at different rates. Just go back to
your high school pictures, and you look at your friends that you
graduated high school with. Now look at them and some look young,
some look older. So that tells you we act differently.”
But what is less talked about is that the body doesn’t age equally within
the same person, said Dr Khan.
“Some people’s heart age is faster than their brain. Some people - their
brain is sharp, but their bodies age. And, by nature, bones might age at a
different rate. Women now have aging in their bones faster. So, we know
that aging is not uniform in a population. It’s not uniform, even in the
same person.”
“So, if we are going to move this field forward to start with, we need to
determine how you measure somebody’s age. And then how you
determine how fast their aging is. It’s one thing to tell you: I’m going to
help you with slowing down your aging process. But it’s not one solution
because it might be something that’s important to your heart, it might
be something for my kidneys, etc.”
“We are going to look at how we work with scientists to get that right. It
sounds so fundamental, but until you get that right, you’re not
completely started to the sort of clinical trials that are needed to show
that this is actually you can impact.”
A roadblock now is that the field of longevity biotech “cannot absorb”
the level of funding the Hevolution Foundation is willing to invest
because the capacity, at present, is not there and needs to be built.
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BUILDING CAPACITY, HOMEGROWN TALENT

As a solution, the Foundation is creating multiple programs in and
outside the Kingdom to train new scientists, specifically in longevity and
anti-aging.
“We’ve created multiple programs that focus on training new scientists
and inviting them to be introduced to aging science. And we are creating
different fellowship programs, such as PhD programs, that will train
postdocs to become aging scientists. We have also launched multiple
grant programs locally and internationally.”
“We are working on building the capacity and the capabilities of scientists
in the field.”
“We are ensuring that the rich knowledge transfer across centers of
excellence across the globe in different geographical regions to the
Kingdom, ensuring that we get proper training for Saudi scientists and
attracting Saudi scientists in this field.”
“Obviously, we are a population that has a high frequency of noncommunicable
diseases, and we are a population that faces this
challenge every single day. And introducing the aging field and ensuring
that the Saudi population actually contributes towards solving this
challenge is extremely important. We hope in the next couple of years
we will have multiple scientists interested in the aging field, not only in
Riyadh, but across the Kingdom.”
Dr Khan added that certain specialties – such as geroscientists – are in
global demand, but there are critically few trained in the field.
“We want to change that. So, it’s not a case of, should we do this? There
isn’t an alternative. We have to develop the training programs and
capacity because it won’t be enough to say we borrow from outside.
Because the outside – the UK, US, etc. - doesn’t have enough of their
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own. You have to develop homegrown talent to meet your own
demands.”
“By putting our headquarters in Riyadh, it gives us the opportunity to put
a trained workforce and ecosystem right here in the Kingdom… it allows
us to then contribute to this knowledge ecosystem for the life sciences in
the academic sector, but also in this emerging new private sector of
biotechnology, pharma, and life sciences.”
As Dr Khan pointed out, there are over one billion people over the age of
60. By 2050, that figure is set to rise to two billion.
“Imagine if nothing changes? What will happen? What will happen to the
UK’s NHS or the US health system? If twice the amount of people … needs
to be taken care of?”
“I see the Hevolution going forward with its mission,” said Dr al-Saud. “I
can see numbers going down in terms of age and age-related diseases
and seeing tangible outcomes across the globe and in the Kingdom. I
know it’s a very difficult task. But our team – we call ourselves the
Hevolutionaries – are here to address this challenge and deliver our
mission.”
“This organization is actually helping all and all humanity, and I’m really
looking forward to the future. We can deliver to all humanity.”
FII
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News provided by Hevolution Foundation Nov 30, 2023, 10:15 ET
RIYADH, Saudi Arabia, Nov. 30, 2023 /PRNewswire/ -- Hevolution
Foundation demonstrated its commitment to driving breakthrough aging
science with further announcements of catalytic funding initiatives at the
inaugural Global Healthspan Summit in Riyadh, Saudi Arabia.
In its role as a global catalyst, collaborator, and convener on a mission to
extend healthy human lifespan, Hevolution is enabling specialized
research and development in healthspan science and innovative
therapeutics. To further drive scientific research in healthspan,
Hevolution announced $40 million, including:
$21 million for a novel multi-year partnership with the Buck Institute for
Research on Aging to accelerate discoveries toward therapeutic
interventions specifically targeting aging.
$16 million (SAR 60 million) to expand the New Investigator Awards
program in Aging Biology and Geroscience to support early-career
researchers through the American Federation of Aging Research. First
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launched in 2022, recipients of these awards are working to deepen
knowledge of aging biology to promote healthier aging.
$5 million to support up to 15 postdoctoral fellowships to advance the
careers of early-stage scientists in Saudi Arabia and the Gulf region in the
fields of aging biology and geroscience.
These initiatives follow Hevolution's announcement of a $40
million anchor contribution to the largest XPRIZE in history and $10
million for the launch of a novel Breakthrough Innovation Alliance.
Hevolution Foundation CEO Dr. Mehmood Khan said: "Helping fast track
and support impactful healthspan science programs is a founding
principle for us. Through collaborative partnerships, we are catalyzing the
incredible potential in the aging biology field and paving the way for new
solutions to improve healthspan for all."
The Summit – the largest international gathering of its kind – brought
together over 120 distinguished speakers and nearly 2000 delegates to
participate in action-oriented conversations designed to foster a
healthier aging future.
Passion for innovation to revolutionize a healthier aging future was a
recurring theme throughout the event. Distinguished speakers from
across industries and sectors explored topics including complex
healthspan science, societal and ethical considerations in aging research,
women and healthspan, new technologies such as AI, and necessary
shifts required to support research and development for aging
therapeutics.
Her Royal Highness Dr. Haya Khaled Al Saud, Hevolution Foundation Vice
President of Organizational Strategy and Development, added: "As a
Saudi scientist, I am enormously proud of how the Global Healthspan
Summit has brought such diversity of thinking together in the Kingdom.
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It has forged new channels and connections that will shape and catalyze
the healthspan sector for the benefit of all. This is a launchpad for a
stronger, more engaged, and action-oriented global collaboration that
will encourage the world's best minds to work together to solve the
universal challenge of unhealthy aging."
The Global Healthspan Summit comes at a pivotal time as the world is
undergoing a rapid population shift. By 2050, the global population over
60 years old is set to double to 2 billion people. Moreover, two-thirds of
people over 60 will live in low- and middle-income countries. Global
collaboration in healthspan is no longer an option; it has become a health
and socioeconomic imperative. Opportunities for experts to come
together across disciplines and geographies, such as at the Global
Healthspan Summit, are essential for meeting the universal challenge of
unhealthy aging.
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ABOUT HEVOLUTION FOUNDATION
Founded on the belief that every person has the right to live a longer,
healthier life, Hevolution Foundation is a global catalyst, partner, and
convener on a mission to drive efforts to extend healthy human lifespan
and understand the processes of aging.
With a focus on aging as a treatable process, Hevolution Foundation aims
to increase the number of aging-related treatments on the market,
compress the timeline of drug development, and increase accessibility to
therapeutics that extend healthy lifespan, also known as healthspan.
A global non-profit organization headquartered in Riyadh with a North
American hub and an annual budget of up to $1 billion, Hevolution
Foundation plans to open offices in other global locations to support a
cutting-edge, global ecosystem of talent to propel aging and geroscience
research forward and achieve medical breakthroughs to help humanity
live healthier, longer.
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FOURTH INDUSTRIAL REVOLUTION 2023 SAUDI
ARABIA
SAUDI SMES AT THE FOREFRONT OF THE 4TH
INDUSTRIAL REVOLUTION: REPORT
Updated 06 September 2023 ARAB NEWS September 06, 202313:02
RIYADH: Small and medium enterprises in Saudi Arabia are poised to lead
the industrial sector into a new era driven by advanced digital
technologies, as outlined by THE CENTRE FOR THE FOURTH INDUSTRIAL
REVOLUTION IN THE KINGDOM.
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A report from the think tank underscored the pivotal role SMEs play in
the sector and highlights key initiatives currently fostering digital
transformation.
It noted how cutting-edge digital technologies are revolutionizing
advanced manufacturing, facilitating connectivity, automation, and
artificial intelligence, which, in turn, are boosting production efficiency,
productivity, and business resilience.
Moreover, the report shed light on THE KINGDOM’S FUTURE FACTORIES
PROGRAM, dedicated to adopting the best global practices of the fourth
industrial revolution, as a major driver behind the sector’s digital
transformation.
It also recognized the Knowledge-based ADVANCED MANUFACTURING
INNOVATION NETWORK PROGRAM and the National Productivity
program as game-changing strategies currently in place.
Co-authored by the Saudi Ministry of Industry and Mineral Resources,
the Saudi Authority for Industrial Cities and Technology Zones, THE
WORLD ECONOMIC FORUM, and Arthur D. Little, it emphasized that
SMEs, which operate with constrained resources, require targeted
support to develop.
“The digital transformation of SMEs is crucial for the economic growth
and competitiveness of Saudi Arabia,” Al-Badr Foudeh, Saudi deputy
minister for industrial development at the Ministry of Industry and
Mineral Resources, said.
He also commended the report for providing insights and
recommendations on how to leverage fourth industrial revolution
technologies.
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“SMEs play a vital role in the national economy, and it is crucial that they
are empowered to adopt and benefit from digital technologies,” Basma
Al-Buhairan, managing director of C4IR KSA, said.
The report further highlighted that SMEs should receive significant
support as their impact is as critical as larger enterprises.
“Digital technology is fundamentally altering the way industries operate,
and SMEs should not be left behind. By embracing key enablers such as
creating a skilled workforce, increasing access to finance, and upgrading
infrastructure, SMEs can overcome challenges and reap the benefits of
the digital revolution,” Amer Chahine, senior principal at Arthur D. Little,
Middle East, explained.
Opening statement We are delighted to share the latest achievements
and developments from the CENTRE FOR THE FOURTH INDUSTRIAL
REVOLUTION SAUDI ARABIA (C4IR KSA). In a leading-edge collaboration,
Saudi Telecom Company (stc) and C4IR KSA have embarked on advancing
6G technology to bridge the digital divide, exemplified by the release of
the "6G Technology Connecting the Unconnected" white paper.
Furthermore, the release of the report for the second C4IR Saudi Forum
that was held on 9/10 of this year emphasized Saudi Arabia's pivotal role
in shaping the future through innovation and strategic partnerships. In
addition, the Centre kicked-off the second cycle of the Seconded
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Fellowship Program, as well as introduced a new project; the Quantum
Economy Blueprint. Moreover, C4IR KSA continues to forge partnerships
and collaborations locally and globally, which demonstrates its
commitment to driving innovation and knowledge exchange. ACTIVE
PARTICIPATION IN KEY WORLD ECONOMIC FORUM MEETINGS and the
addition of the new Project Lead further SOLIDIFY C4IR KSA'S INFLUENCE
IN THE GLOBAL INNOVATION LANDSCAPE. These endeavours
underscore our dedication to responsible technology advancement and
shaping the future of the Fourth Industrial Revolution.
6G Technology, Connecting the Unconnected Saudi Telecom Company
(stc) and the Centre for the Fourth Industrial Revolution Saudi Arabia
(C4IR KSA) have embarked on a groundbreaking journey to bridge the
digital divide through the advancement of 6G technology.
Their collaborative effort is highlighted by releasing a pivotal white paper
titled "6G Technology Connecting the Unconnected." 6G technology,
with its revolutionary potential for connectivity, is set high-speed to
transform the telecommunications landscape. Stc and C4IR KSA are
joining hands to harness this incredible potential.
The white paper serves as both a roadmap and a testament to the
commitment of stc and C4IR KSA to unite technology and innovation in
the pursuit of universal connectivity.
C4IR KSA 2nd C4IR Saudi Forum Report: Pioneering Global Innovation for
Sustainable Impact In a groundbreaking initiative, the Centre for the
Fourth Industrial Revolution Saudi Arabia (C4IR KSA) has released a
comprehensive report encapsulating the outcomes and insights from the
2nd C4IR Saudi Arabia Forum.
Titled Fostering Innovation Through Collective Impact for Sustainable
Development, the report sheds light on Saudi Arabia's vital role in
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shaping the future through innovation, global integration, and strategic
public-private partnerships.
In the unveiling of the 2nd C4IR Saudi Arabia Forum: Fostering Innovation
Through Collective Impact for Sustainable Development report, C4IR
KSA's unwavering commitment to shaping Saudi Arabia's global
innovation narrative is evident. The report not only provides insightful
discussions but also emphasizes the pivotal role C4IR KSA plays in driving
collaboration, innovation, and sustainable development.
As Saudi Arabia strides confidently towards a future led by technological
advancements, the report serves as a guiding light, solidifying C4IR KSA's
influence in the global innovation landscape and its dedication to
realizing VISION 2030.
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QUANTUM COMPUTING
ADVANCING RESPONSIBLE INNOVATION & COMMERCIALIZATION OF
QUANTUM TECHNOLOGY: THE WORLD ECONOMIC FORUM (WEF)
SUCCESSFULLY CONVENED THE QUANTUM ECONOMY MEETING 2023
on November 15-16 at its headquarters in Geneva, Switzerland. This
exclusive event brought together more than 80 quantum leaders from
diverse sectors, including BUSINESS, GOVERNMENT, INTERNATIONAL
ORGANIZATIONS, CIVIL SOCIETY, and ACADEMIA.
The focus was on fostering collaboration and advancing the responsible
commercialization innovation of and quantum technology. Dr. Basma
AlBuhairan, Managing Director of C4IR KSA, attended the event, adding
her presence to the distinguished gathering and contributing to the
discussions on the advancement of responsible innovation in the field of
quantum technology.
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Accelerating developments in the field of quantum computing will bring
new challenges to the cybersecurity landscape. Organizations will need
to adapt to the risk posed by quantum computers, which will have the
potential to break many of the cryptographic systems that we rely on
today for secure communications and data protection.
Last year, the WORLD ECONOMIC FORUM, in collaboration with
Deloitte, published the white paper (5) TRANSITIONING TO A
QUANTUM-SECURE ECONOMY, outlining the risks of quantum
computers and providing initial guidance for organizations to transform
their governance and security practices for the quantum era.
Even if the quantum threat has not materialized yet, it is crucial for
organizations to start planning a secure and timely quantum transition to
avoid a more significant impact in future. To help organizations prepare
for this new reality, this white paper presents a set of principles that
organizations can use to help ensure they are ready to enter the quantum
computing era securely.
These principles cover a range of areas, from strategizing about futureproof
technology, embedding quantum risk in governance structures and
existing risk management processes, to finding the right talent to head
this new challenge. Isaac Kohn Colin Soutar Managing Director, Deloitte,
USA At the heart of these principles is a focus on risk management and
the need to take a proactive approach to security using technical and soft
skills.
Organizations must better understand the risk they are exposed to, so
they can take the right steps to mitigate them. This requires a willingness
to invest today in the necessary tools and experience to become
quantum cyber-ready. As we look to the future, quantum computing will
undoubtedly bring new challenges and opportunities.
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With the right approach, however, organizations can prepare so they are
ready to navigate this new landscape and protect their critical assets and
information. We hope that the principles presented in this white paper
will serve as a valuable resource for organizations as they seek to
enhance their quantum security readiness.
Although the timescale for a fully mature commerically-viable quantum
computer being available is still under much debate, there is consensus
that there is a real probability that one will exist in the future. The real
question is: how long will it take you to upgrade your infrastructure, and
what is the expected lifetime of your data? If you do not yet know the
answers to these questions, the time to act is now!
FIVE GUIDING PRINCIPLES CAN HELP ORGANIZATIONS EMBRACE THE
QUANTUM-SECURE ECONOMY
Quantum computers promise transformative powers for businesses and
organizations across the globe and through a diverse range of industries.
However, they also introduce significant risks to the current digital
economy. In the near future, sufficiently powerful and commercially
available quantum computers will undermine current cryptographic
standards protecting most digital communications and vast amounts of
sensitive data.
Mitigating this security risk requires organizations to implement
quantum-security technologies that quantum computers cannot break.
Organizations need to embark on a large and complex transition to
become resilient to quantum computer attacks. There is a need for a
cohesive, global, cross-border approach to cybersecurity and governing
quantum risk.
This Quantum Readiness Toolkit provides a framework of FIVE
PRINCIPLES TO GUIDE ORGANIZATIONS TO PREPARE FOR THE
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QUANTUM-SECURE ECONOMY by providing steps for assessing their
quantum readiness and identifying and prioritizing future actions. The
input arises from in-depth conversations during the WORLD ECONOMIC
FORUM’S QUANTUM SECURITY WORKING GROUP, a global
multistakeholder effort, which brings together a community of senior
cyber and quantum executives and experts from business, government,
regulators and academic institutions.
Organizations need to prioritize quantum risk alongside existing risks,
through the definition of a clear roadmap, and clear roles and
responsibilities. To face quantum risks, organizations need to raise
awareness, invest in education and in technology adoption, as well as
collaborate with the ecosystem.
This toolkit and the accompanying knowledge base aim to provide
leaders with guidance necessary to achieve organization-wide
understanding of quantum risk and its governance – in order to thrive in
a quantum-secure economy. Since organizations vary in size, industry and
maturity, the toolkit does not serve as a onesize-fits-all solution.
The guidance laid out in the toolkit is suggestive and not exhaustive since
all organizations will have to complete their own quantum security
transition. The toolkit serves as a starting point to explore what an
organization’s unique strategy for quantum readiness can look like.
The five guiding principles provide practical guidance to help
organizations understand how to start their quantum-secure transition.
It can help organizations understand where they are, identify gaps in their
preparations to become quantum secure and improve their initial steps
to quantum security. Guiding principles to understand the quantumsecure
transition
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https://cn.weforum.org/event_player/a0P68000000Zvn
vEAC/sessions/the-quantum-tipping-point/
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NEW MURRABA AND TWO NEW TOWERS
The Saudi-based, PIF-owned New Murabba Development Company has
announced that Bechtel, the leading engineering and construction
company, has been awarded a key contract to provide project
management services for the New Murabba development in the capital
Riyadh.
The contract was signed at a ceremony featuring Sabah Barakat, Acting
CEO of New Murabba Development Company, and Jacob Mumm, Senior
Vice President and Regional President, Bechtel.
Bechtel will provide PMC services for the masterplan and site-wide
infrastructure of the project.
The project, which includes THE NEW (5) MUKAAB, A SUPER-SIZED CUBE
STRUCTURE, will be “built around the concept of sustainability, featuring
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green areas and walking and cycling paths that will enhance the quality
of life by promoting healthy, active lifestyles and community activities.
It will also feature an iconic museum, a technology and design university,
a multipurpose immersive theater, and more than
80 entertainment and culture venues,” Bechtel said, in a job listing for
the project.
The project will be situated at the intersection of King Salman and King
Khalid roads to the North West of Riyadh, over an area of 19 square
kilometers, to accommodate hundreds of thousands of residents.
The project will offer more than 25 million sqm of floor area, featuring
more than 104,000 residential units, 9,000 hotel rooms, and more than
980,000 sqm of retail space, as well as 1.4 million sqm of office space,
620,000 sqm of leisure assets, and 1.8 million sqm of space devoted to
community facilities.
The selection of Bechtel, the company that has nearly 80 years of
experience operating in the Kingdom and is currently working on
the Riyadh Metro project and Trojena at Neom among others, is a win for
U.S.-Saudi commercial ties and indicates that authorities intend to deliver
on the skyline-redefining development. Bechtel is regarded as a trusted
engineering, construction and project management partner to industry
and government.
Authorities have said the project will be delivered by 2030.
https://www.tiktok.com/@doamuslims/video/7201944
973816696070
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THE NEW MURABBA PROJECT WILL REDEFINE THE FACE OF
RIYADH, ESTABLISHING A NEW CITY DISTRICT THAT SERVES
AS A GATEWAY TO ANOTHER WORLD.
LAUNCHED IN 2023 BY HIS ROYAL HIGHNESS MOHAMMED BIN
SALMAN, CROWN PRINCE, THE NEW MURABBA DISTRICT will span 19
square kilometers to create a new city district in Riyadh. Promising a
unique living, working and entertainment experience, the project will
develop over 25 million square meters of floor area to include residential
units, hotels, and retail space, as well as leisure assets and community
facilities.
The development by the New Murabba Development Company offers
convenience and flexibility, with an internal transport system and stellar
location just a 20-minute drive from the airport.
At the heart of the New Murabba project lies the Mukaab, an exceptional
and iconic landmark representing the largest built structure of its kind.
The Mukaab will be a premium destination that offers a range of retail,
cultural and tourist attractions; residential and hotel units; commercial
spaces; and recreational facilities. Atop a spiral base, the tower will
showcase cutting-edge technologies and the latest holographics to create
an immersive experience like no other. Inspired by the Najdi architectural
style, the Mukaab is a true marvel of innovation and design.
https://youtu.be/jozjoFarl0s
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https://nightwatchman.blog/2024/12/05/about-the-mukaab-the-manby-satans-mbs-counterfeit-new-jerusalem/
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HRH CROWN PRINCE ANNOUNCES NEW MURABBA
DEVELOPMENT COMPANY TO DEVELOP THE WORLD'S
LARGEST MODERN DOWNTOWN IN RIYADH
Riyadh, February 16, 2023, SPA -- HIS ROYAL HIGHNESS CROWN PRINCE
MOHAMMAD BIN SALMAN BIN ABDULAZIZ, PRIME MINISTER AND
CHAIRMAN OF THE NEW MURABBA DEVELOPMENT COMPANY
(NMDC), ANNOUNCED TODAY THE LAUNCH OF THE NEW MURABBA
DEVELOPMENT COMPANY WHICH AIMS TO DEVELOP THE WORLD'S
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LARGEST MODERN DOWNTOWN IN RIYADH, contributing to the city's
future development in line with Saudi VISION 2030.
The New Murabba project will be built around the concept of
sustainability, featuring green areas and walking and cycling. Paths that
will enhance the quality of life by promoting healthy, active lifestyles and
community activities. It will also feature an iconic museum, a technology
and design university, a multipurpose immersive theater, and more than
80 entertainment and cultural venues.
The project will be situated at the intersection of King Salman and King
Khalid roads to the North West of Riyadh, over an area of 19 square
kilometers, to accommodate hundreds of thousands of residents. The
project will offer more than 25 sqm of floor area, featuring more than
104,000 residential units, 9,000 hotel rooms, and more than 980,000
sqm of retail space, as well as 1.4 million sqm of office space, 620,000
million sqm of leisure assets, and 1.8 million sqm of space dedicated to
community facilities.
The New Murabba project will offer a unique living, working and
entertainment experience within a 15-minute walking radius and will
have its own internal transportation system. It will be approximately 20-
minutes drive from the airport.
NMDC will develop the project and build the “Mukaab”, an exceptional
iconic landmark featuring the latest innovative technologies. The design
of the “Mukaab” includes first-of-its-kind facilities and will be one of the
largest built structures in the world, standing 400m high, 400m wide, and
400m long. The cubic shape of the “Mukaab” will ensure the ultimate
utilization of space to accommodate the technologies necessary to
develop the icon.
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Inspired by the modern Najdi architectural style, the “Mukaab” will be
the world’s first immersive destination offering an experience created by
digital and virtual technology with the latest holographics. The “Mukaab”
will encompass a tower atop a spiral base, and a structure featuring 2
million sqm of floor space that will be a premium hospitality destination
with a multitude of retail, cultural and tourist attractions, along with
residential and hotel units, commercial spaces, and recreational facilities.
The launch of NMDC is part of PIF's strategy to unlock the capabilities of
promising sectors, enable the private sector and increase local content,
contribute to the development of real estate projects and the local
infrastructure, and diversify sources of income for the Saudi economy. It
is expected to add SAR180 billion to non-oil GDP and create 334,000
direct and indirect jobs by 2030. The project is due to be completed in
2030.
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TWO NEW TOWERS PLANNED FOR SAUDI ARABIA’S NEOM AS
KINGDOM’S BUILDING BOOM CONTINUES WITH EPICON
Two new towers aimed at attracting tourists to the Gulf of Aqaba in Saudi
Arabia are set to be built in the special economic zone of NEOM as part
of a new development launched last week called Epicon.
The towers – 225 metres and 275 metres in height respectively – will
form part of the luxury coastal tourism destination Epicon, which joins
Sindalah Island, Trojena, and the recently-launched Leyja.
The project is being billed as a “shimmering sanctuary that elegantly
stands out from the coastal plain at the northern limits…Here, people will
be able to enjoy unequalled service amid a transcendental landscape. A
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place for free-thinkers and free-spirits, the starting point of great
adventures,” NEOM said in a release on the project.
They will house a 41-key hotel and luxury residences comprising 14 suites
and apartments close to the Epicon resort, which will offer 120 rooms
and 45 residential beach villas.
Hong Kong-based architecture firm 10 Design has designed the towers.
Epicon’s guests and residents “can expect a truly immersive and lifeaffirming
experience. The luxurious residences and beach villas aim to
deliver new levels of livability through cutting-edge innovations, worldclass
services and first-class experiences, positioning the resort as a
benchmark for iconic living,” NEOM says.
Leyja, which was the most recent announcement, is being developed
within a natural Wadi, with 120 rooms split between three properties
sitting between 400m-high mountains.
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NEOM GREEN HYDROGEN COMPANY TO START PRODUCING
HYDROGEN BY NEXT YEAR, COMPANY SAYS — REPORT
NEOM Green Hydrogen Co. said it will begin producing the fuel for
transportation by 2024, the head of the venture said according
to Bloomberg.
By mid-2024, the company will be making hydrogen for vehicles such as
buses and trucks, Chief Executive Officer Dave Edmondson said in Dubai.
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A larger plant, focusing on exports, is also being developed, Bloomberg
reports.
NEOM Green Hydrogen is a joint venture between local firm ACWA
Power, state-backed NEOM and US-based Air Products & Chemicals Inc.
It forms just one part of Saudi Arabia’s plans to expand in clean-tech
industries as it prepares for a future beyond fossil fuels.
As Bloomberg notes, green hydrogen is still far more expensive than oil
and natural gas, but developers are confident they can reduce costs
enough to make it competitive.
The bigger plant, a $8.4 billion project designed to produce 600 tons of
hydrogen a day using wind and solar power, will start exporting fuel in
the form of ammonia in 2026.
Recently, Italy-based Webuild and its joint-venture partner Shibh Al Jazira
Contracting Company (SAJCO) signed a contract worth circa $1.5 billion
to design and build 57 kilometers (35.4 miles) of a high-speed railway in
NEOM, along the NORTH RED SEA COAST OF SAUDI ARABIA WHICH
WILL CONNECT OXAGON AND THE LINe.
https://youtu.be/9F6pMWqjnEo
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KINGDOM AT THE FOREFRONT OF AIR TAXI TECH WITH TEST
OF VOLOCOPTER IN COLLABORATION WITH NEOM
Saudi Arabia’s NEOM hosted the first test campaign of air taxi flights
in the northwest of Saudi Arabia, building on a reputation of a leader in
technologies in the under-development futuristic zone.
The flight test campaign lasted over a week and built on 18 months of
collaboration between NEOM, the General Authority of Civil Aviation and
Volocopter, with the aim of implementing and scaling an electric urban
air mobility ecosystem and test bed in NEOM, said a statement issued on
Wednesday.
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NEOM, an ambitious megacity project, is taking shape on the shores of
the Red Sea in Saudi Arabia, built with the promise of cutting-edge
technology, sustainable practices, and unparalleled innovation.
NEOM’S foundation rests on a vision that transcends traditional urban
planning. Developed with the intent of becoming a global hub for
innovation, NEOM aims to attract leading tech companies, researchers,
and entrepreneurs from around the world. By fostering collaboration and
creating a thriving ecosystem, NEOM hopes to accelerate technological
advancements and drive sustainable development in the region.
In NEOM, planners see technology as not just a tool, but as an essential
component embedded in every aspect of daily life.
Nadhmi Al-Nasr, CEO of NEOM, said: “The successful test flight of a
Volocopter eVTOL (electric Vertical Take-Off and Landing) is a tangible
example of NEOM as a global accelerator and incubator of solutions to
the world’s most pressing challenges. Driving the development of smart,
sustainable, and safe mobility systems will improve livability and
connectivity in cities around the world and reduce carbon emissions,
creating a cleaner future for all.”
NEOM BABYLON: MOHAMMED BIN SALMAN'S
'BEAST'S SEAT' OR 'GREAT CITY.'
https://rumble.com/v56yyit-neom-babylonmohammed-bin-salmans-beasts-seat-or-great-city..html
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FORTHCOMING SINDALAH ISLAND RESORT WILL ‘MARK THE
FIRST OPPORTUNITY FOR THE PUBLIC TO EXPERIENCE NEOM’
Saudi Arabia’s forthcoming Sindalah Island project will be the first
opportunity for tourists to visit NEOM, according to Antoni Vives, chief
urban planning Officer at NEOM, in comments to Al Arabiya English.
The planned development on Sindalah Island will be a luxurious resort
including a golf course and high-end restaurants and accommodations.
Sindalah Island, located in the Red Sea off the coast of NEOM, boasts
a favorable climate, rich marine life, and stunning coral reefs, and will
offer a range of water-based activities such as snorkeling, diving, and
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yachting. Upscale hotels, private villas, and high-end resorts are set to
attract travelers seeking an ultra-luxury experience.
“Sindalah will mark the first opportunity for the public to experience
NEOM,” Vives said. “As the first physical showcase of NEOM, Sindalah will
be a glamorous gateway to the Red Sea and a world-class super yachting
destination, giving visitors a glimpse into the experiences to come across
the region.”
“NEOM’S vision is to build a land of the future – an entirely new kind of
destination. Sindalah is an important part of NEOM’S VISION OF
BUILDING THE LAND OF THE FUTURE.”
Construction on neighboring NEOM is well underway, a source has told
SUSTG.com. NEOM will be home to cutting-edge infrastructure, including
a high-speed transportation system and advanced communication
networks.
The Kingdom plans to preserve the island’s natural beauty through
sustainable tourism practices, ensuring that future generations can enjoy
the natural surroundings.
Saudi Arabia’s strategic bet on tourism is part of the Kingdom’s broader
VISION 2030 plan to diversify its economy and reduce its dependence on
oil revenue.
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NEOM’S SINDALAH ISLAND EYES STATUS AS
GLOBAL YACHTING HUB
NEOM has signed a deal with superyacht concierge and maritime
agency BWA Yachting as it eyes an opening date for visitors within the
year. The firm will establish an office at NEOM’S luxury island
development Sindalah.
BWA “will provide services for the world’s most spectacular luxury
vessels, as Sindalah becomes the Red Sea’s first ultra-prime superyacht
destination,” according to a report in Hotelier Middle East.
Sindalah will be the first part of NEOM to open, one of NEOM’S 39 islands
that will have more than 5,000 berths.
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Antoni Vives, chief urban development and islands officer at NEOM, said:
“Sindalah will redefine the luxury island experience and become the
most sought-after yachting destination in the world, offering six months
of winter sun and less than a day’s sail from the ports of the
Mediterranean.
“Working with BWA Yachting will allow us to tap into their expertise and
provide the unparalleled yachting ecosystem and elevated experience for
which Sindalah will become synonymous. This partnership represents an
important step as we invite the world to set sail for Sindalah.”
THE RESURGENCE OF BABEL NEOM: MBS'
PERSONAL DYSTOPIA
https://rumble.com/v56yzf1-neom-babylonmohammed-bin-salmans-personal-dystopia..html
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VIDEO SHOWS MASSIVE LIGHTNING STRIKE HITTING MECCA
CLOCK TOWER, HEAVY RAINS INUNDATING HOLY CITY
A video published by the UAE-based The National shows Mecca’s Clock
Tower, one of the tallest buildings in the world, being dramatically struck
by a bolt of lightning amid heavy rains that caused localized flooding.
The video, played in slow motion, shows a wide and bright lightning bolt
hitting the top of the Clock Tower.
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https://www.youtube.com/shorts/tw2Gk-nZCjk

Rains and thunderstorms have pounded the Mecca region in Saudi
Arabia in recent days.
Other videos online on Tuesday showed pilgrims who were doing the
tawaf – circling the Kaaba – getting rained upon, with some falling on the
floor amid heavy winds and rain which tossed objects around them.
Hussain al-Qahtani, spokesman for the National Center for Meteorology,
said that the storm brought gale-force winds exceeding 50 miles per
hour.
Al-Qahtani said the Mecca neighborhood of al-Kakiyyah recorded 1.8
inches of rain within 24 hours. Videos online also showed some flooding
in some neighbourhoods of Mecca, forcing citizens to take shelter and
stop cars.
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HOW SAUDI ARABIA’S SAMI IS DRIVING THE LOCALIZATION
OF THE KINGDOM’S DEFENSE INDUSTRY
The corvette HMS Diriyah was the second corvette to be delivered to the
Royal Saudi Naval Forces by Spain's Navantia company last year under a
joint venture with SAMI.
Updated 21 August 2023 Rawan Radwan August 20, 202322:10
JEDDAH: Saudi Arabia’s defense industry is relatively new, dating back to
the early 1970s. However, the country has made significant progress in
recent years and is now considered a major player in the global market.
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In the early years, the Kingdom’s defense sector was focused primarily
on the assembly and repair of foreign-made weapons and equipment.
More recently, the country has pursued self-reliance in military
manufacturing.
This shift has been motivated by a number of factors, including the
country’s vast oil wealth, its strategic location in the Middle East, and its
desire to reduce its reliance on foreign imports.
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One of the key drivers behind this burgeoning industry is the aerospace
and defense company Saudi Arabian Military Industries, or SAMI — a
wholly owned subsidiary of the Public Investment Fund established in
May 2017.
SAMI’s goal is to localize 50 percent of the Kingdom’s defense spending
by 2030. To achieve this, SAMI has established 12 joint ventures with the
world’s biggest and best original equipment manufacturers.
These joint ventures have enabled SAMI to acquire the technology and
expertise it needs to develop its own defense products.
“Through partnering with industry pioneers and experts, we’re making
great strides towards achieving this goal,” SAMI told Arab News.
“Starting with creating opportunities for local talents and building
products that are changing the game in the industry, SAMI is determined
to support and empower those talents while fostering global
partnerships simultaneously.
“In the five years since its establishment, SAMI has launched several
innovative products such as Hazem, Mulhim, and Roaya. Those products
have helped solidify Saudi Arabia’s impact and position in the defense
industry globally.
“Consequently, we remain focused on developing and enhancing
products by creating opportunities and building sustainable partnerships
locally and internationally.”
Through its investment and partnership with Navantia, a Spanish stateowned
shipbuilding company, SAMI successfully completed Al-Sarawat,
a project involving five new Avante 2200 corvettes for the Royal Saudi
Naval Forces with capabilities to handle air, surface, or subsurface
targets.
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Saudi Arabia's HMS Al-Jubail, seen arriving at the King Faisal Naval Base
in Jeddah in this photo taken last year, is one of five corvettes produced
in a joint venture signed in 2018 between SAMI and Spain's Navantia
shipbuilding company. (Photo: Saudi Ministry of Defense)
HMS Al-Jubail and HMS Al-Diriyah are now equipped with Hazem, an
integrated combat system that combines on-board weapons and sensors
into one single system. It is the first combat management system to be
developed by the Kingdom.
Mulhim, another battle management system developed by SAMI, is a
battle management system for dismounted soldiers, stationary
command centers, and mobile command centers, designed to enhance
the combat capability of land formations.
Roaya, meanwhile, is a lightweight armored turret that can be armed
with a 7.62 or 12.7 mm caliber machine gun or a 40 mm caliber grenade
launcher.
Through partnerships with global leaders in the defense sector, SAMI has
developed a range of armored vehicles, tanks, infantry fighting vehicles,
fighter jets and drones, and has employed new technologies, such as
artificial intelligence and autonomous vehicle technology.
Its success has not gone without notice. SAMI ranked among Defense
News’ top 100 defense firms for the second year in a row, rising 19 places
since last year to 79th. The company has set its sights on ranking among
the top 25.
However, SAMI is not the only company contributing to the Saudi defense
industry’s expansion. Others include Arabian Military Industries, Military
Industries Corp. and SAMI Advanced Electronics Co., a subsidiary of the
defense firm.
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Much of the sector’s success is down to plentiful state investment. In
2022, Saudi Arabia ranked fifth in the world for military spending, after
the US, China, Russia, and India, dedicating $75 billion to defense —
accounting for 3.3 percent of global military spending.
The US led the ranking with $877 billion, or 3.5 percent of its gross
domestic product. However, Saudi Arabia’s spending represents a higher
share of its GDP, at 7.4 percent.
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Investment in Saudi Arabia’s defense industry has multiple benefits for
the country. Firstly, it helps to reduce the Kingdom’s reliance on foreign
imports. This is important for national security, as it reduces the country’s
vulnerability to supply chain disruptions.
Secondly, the growth of the defense sector creates high-skill jobs and
opportunities for Saudi citizens. Finally, it helps to develop the country’s
technological and manufacturing capabilities, leading to economic
diversification and the growth of other sectors.
The boost in defense spending was first unveiled in 2016 when Crown
Prince Mohammed bin Salman sat with veteran TV journalist Turki Al-
Dakhil for his first-ever television interview, which covered a wide range
of topics regarding the Kingdom’s future.
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In this picture taken in April 2016, then Saudi Deputy Crown Prince
Mohammed bin Salman, in an interview with Al Arabiya's General
Manager Turki Al-Dakhil, unveiled the Kingdom's strategy to boost
defense spending and develop a home-grown defense industry. (Photo
courtesy of Al Arabiya/File)
“Is it reasonable that in 2014, Saudi Arabia was the largest fourth country
in the world, and the largest third country in 2015 in terms of military
spending; while we don’t have industry inside Saudi Arabia?” the crown
prince asked during the interview.
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It was during this same interview that the crown prince alluded to
establishing a holding company for military industries, “which is 100
percent for the government.” Thus, the idea of SAMI was born.
SAMI’s rapid growth since then has led to a significant increase in
employment, with the company now boasting more than 3,000
employees, 84 percent of whom are Saudis, with plans to add a further
1,500 staff in the next quarter. The firm had just 63 staff in 2018.
With a view to develop local talent and expertise in the defense industry,
SAMI has established a number of training and development programs
to help Saudis acquire the skills and knowledge they require.
Aerospace, drone regulation and the space industry are other growing
sectors in the defense market that have experienced increased
investment. The government has signed contracts with several players in
these fields, including Boeing, Lockheed Martin, Safran Helicopter
Engines, ST Engineering, Airbus, and L3 Harris.
Its most recent signing was with Turkish company Baykar Tech to localize
the manufacture of the Bayraktar Akinci drone and its component
systems.
“We believe building local and global partnerships is a key factor in
achieving SAMI’s goals, and being part of the Baykar Tech agreement is a
huge step forward in doing so,” SAMI told Arab News.
“Those partnerships help us provide local talents with the best
opportunities to grow and learn.” Indeed, to drive ahead the localization
of defense jobs, SAMI has taken the lead with the Kingdom’s new
Academy of Defense Industries, which will significantly contribute to
SAMI’s goal of becoming the largest supporter of national human
resource.
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Major General Attiyah bin Saleh Al-Malki, chief of the General Directorate
of Local Manufacturing at the Saudi Ministry of Defense, and his
delegation, get a briefing at the engineering hub of the Intra Defense
Technologies, a local company that designs, develops, manufactures high
performance and innovative unmanned aerial systems. (Intra Defense
Technologies photo)
“Furthermore, having SAMI’s CEO, Eng. Walid A. Abukhaled, as the
chairman of the new Academy of Defense Industries is how we can
ensure those opportunities are given to the right people, as the sole
purpose of this academy is to find, prepare, and introduce young talents
to the defense industry sector,” SAMI added
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FUTURE INVESTMENT INITIATIVE TO DRAW OVER 5,000
HIGH-PROFILE PARTICIPANTS IN RIYADH
Forum tackles global challenges: Climate, economics, and technology
Published: Mon 23 Oct 2023, 12:00 PM Last updated: Thu 21 Dec 2023,
3:56 PM
The upcoming seventh edition of the Future Investment Initiative (FII),
under (5) THE SLOGAN “THE NEW COMPASS,” is scheduled to be held on
Tuesday, 24 October in Riyadh. This prominent event will witness the
participation and attendance of world leaders, leading industrial
companies, investors, innovators, and policymakers.
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Over 5,000 INDIVIDUALS from 90 countries have registered to participate
in the forum, which will feature over 500 SPEAKERS. Despite the ongoing
conflict between Israel and Hamas, the preparations for the forum
remain unaffected.
The seventh edition of FII, often referred to as THE “DAVOS IN THE
DESERT,” focuses on tackling global challenges related to CLIMATE,
ECONOMY, and TECHNOLOGY.
The initiative holds significant importance as it provides a platform to
discuss a wide range of topics, including the macroeconomic challenges
faced by societies. This year’s conference will specifically delve into key
global issues such as climate change, the role of governments, and the
transformative potential of technology, education, and healthcare. These
discussions aim to contribute towards creating a more equitable, secure,
and prosperous world.
The Forum aims is to enhance global cooperation and engage in
discussions regarding the evolving dynamics of power and influence. It
underscores the importance of international collaboration in tackling
urgent challenges.
The opening ceremony witnessed the participation of notable and
influential personalities, such as Yasir Al Rumayyan, the governor of the
Public Investment Fund (PIF) and chair of the board of trustees of the FII
Institute. Additionally, esteemed individuals including Ajay Panga, the
president of the World Bank, David Rubenstein, the chairman of the
Carlyle Group, Ray Dalio from Bridgewater Associates, Jamie Dimon from
J.P. Morgan, Larry Fink from BlackRock, Jane Fraser from Citigroup, and
Dr. Patrice Motsepe from African Rainbow Minerals were also in
attendance.
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Noel Quinn, CEO of HSBC Holdings; Neil Shen from Sequoia Capital; David
Solomon of Goldman Sachs; Shemara Wikramanayake from Macquarie
Group; Mukesh Ambani of Reliance Industries; and Bill Winters, CEO of
Standard Chartered.
Global technology leaders, including founders, CEOs, venture capitalists,
and investors, will come together to examine how accelerated progress
can be leveraged for the benefit of the world.
THE DIALOGUE SESSIONS WILL COVER A WIDE RANGE OF TOPICS
INCLUDING ARTIFICIAL INTELLIGENCE (AI), SPACE EXPLORATION, CLEAN
TECHNOLOGY, HEALTH TECHNOLOGY, ELECTRIC VEHICLES (EVS),
ROBOTICS, BIOTECHNOLOGY, SUSTAINABILITY, VIRTUAL WORLD
REALMS, E-SPORTS, TECHNOLOGY IN AFRICA, NANO APPLICATIONS,
FOOD TECHNOLOGY, AND THE DEVELOPMENT OF SMART CITIES.
Al Rumayyan expressed, “Our world, the global economy, and society
confront an array of formidable obstacles, encompassing stability,
worldwide economic expansion, environmental concerns, and the rapid
advancement of transformative technologies such as generative artificial
intelligence, education, and healthcare.”
Richard Attias, the CEO of the Future Investment Initiative, stressed the
significant role of this year’s conference as a “compass for nations to
identify a fresh global nucleus that reexamines its investment patterns.”
He highlighted that the initiative will focus on “prioritizing the well-being
and needs of individuals, which must be considered in the formulation of
strategies.”
During the FII conference, the Regional Voluntary Carbon Market
company organizes the Global South Carbon Markets Conference, aiming
to establish a set of pre-COP 28 measures and commitments.
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The Regional Voluntary Carbon Market has announced its hosting of the
(5) LOBAL SOUTH CARBON MARKETS CONFERENCE – Riyadh Edition. The
event aims to address the significant challenges in promoting voluntary
carbon markets worldwide for carbon reduction efforts. Organized in
collaboration with S&P Global Commodity Insights, the conference will
feature speakers from emerging economies across the globe and various
global financial institutions.
The agenda will encompass discussions on enhancing carbon trading, the
role of carbon markets in driving climate action, and the importance of
preserving the carbon stocks of the global South. Additionally, the event
will focus on gathering local perspectives on carbon markets, regulatory
mechanisms for risk mitigation, and supporting the expansion of global
carbon markets. It will also explore the role of Islamic finance in the
development of these markets and the desired outcomes of COP 28 as
envisioned by global South countries.
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FUTURE INVESTMENT INITIATIVE, 7TH EDITION: THE NEW COMPASS As
the world continues to experience widespread socioeconomic and
geopolitical transformations, the movement TOWARDS A NEW GLOBAL
ORDER continues to inspire the future of business, finance, and
international investment. In this new order, centuries-old economic
models start to unravel while new systems and frameworks begin to take
shape. These uncertain times require different perspectives, smarter
tools, and (5) MORE VISIONARY LEADERSHIP TO HELP (5) CHART NEW
DIRECTIONS TOWARDS A (5) MORE PROSPEROUS FUTURE FOR ALL.
Against this backdrop, The Future Investment Initiative (FII) Institute
presents “A NEW COMPASS” — an interactive program designed to help
investors recalibrate the pathways for their companies and for the global
economy, while developing new strategies for understanding the
greatest challenges and opportunities of this new era. Now in its 7th
Edition the FII invites the world’s leading investors, business leaders,
policymakers, inventors, and explorers to come together to discover the
new markets and navigate new frontiers of economic growth and
prosperity.
THE JOURNEY (5) INTO A NEW GLOBAL ORDER In October 2017, the
Future Investment Initiative (FII) launched in Riyadh under the theme of
“THE BIG SHIFT,” to explore the large-scale transformations underway
across the global economy — as a result of the new emerging
geographies of investment and innovation.
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THE DEVASTATION OF THE PANDEMIC INSPIRED A NEO-RENAISSANCE,
ACCELERATING THE WORLD’S TRANSITION TO A NEW GLOBAL ORDER,
WHICH IS NOW TAKING SHAPE. How will investors and business leaders
navigate the great challenges and even greater opportunities of the 21st
century? For FII7, the Future Investment Initiative Institute presents the
theme of “THE NEW COMPASS” to help leaders and explorers chart a
new path toward a brighter future for all.
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SAUDI KING SALMAN BIN ABDULAZIZ AL SAUD APPOINTED CROWN
PRINCE MOHAMMED BIN SALMAN BIN ABDULAZIZ AL SAUD AS PRIME
MINISTER OF THE KINGDOM. THE APPOINTMENT WAS MADE
THROUGH A ROYAL DECREE AS AN EXCEPTION TO THE PROVISION OF
ARTICLE (56) OF THE BASIC LAW OF GOVERNANCE, AND THE RELEVANT
PROVISIONS CONTAINED IN THE LAW OF THE CABINET, SAUDI PRESS
AGENCY REPORTED.
The Saudi King issued three decrees on appointment of the prime
minister, his chairmanship of the cabinet as well as the reshuffle in the
cabinet. SAUDI KING SALMAN BIN ABDULAZIZ AL SAUD APPOINTED
CROWN PRINCE MOHAMMED BIN SALMAN BIN ABDULAZIZ AL SAUD
AS PRIME MINISTER OF THE KINGDOM. ACCORDING TO A DECREE, THE
WEEKLY SESSION OF THE CABINET, WHICH THE KING ATTENDS, WILL BE
HELD UNDER HIS CHAIRMANSHIP.
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A BIBLICAL BOTTOMLESS PIT OF EVIL: SEVEN
SAUDI KINGS AND THE BEAST
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THE ANTICHRIST’S GENETIC LINEAGE
https://rumble.com/v562805-a-biblical-bottomless-pit-of-evilseven-saudi-kings-and-the-beast.html
https://www.yumpu.com/en/document/read/69452394/theantichrists-genetic-lineage

666. THE NUMBER OF THE PRINCE, BEAST,
ANTICHRIST, MAHDI, 12TH IMAM
https://rumble.com/v561ko5-666.-the-number-of-the-princebeast-antichrist-mahdi-12th-imam.html
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GREAT WHITE THRONE AND ETERNAL JUDGEMENT
https://rumble.com/v5673cv-great-white-throne-and-eternaljudgement.html
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The ABCs (7) of Salvation through Jesus Christ (the Lamb)
A. (7) Admit/Acknowledge/Accept that you are sinner. Ask (7) God’s forgiveness
and repent of your sins.
. . . “For all have sinned, and come short of the glory of God.” (Romans 3:23).
. . . “As it is written, There is none righteous, no, not one.” (Romans 3:10).
. . . “If we say that we have no sin, we deceive ourselves, and the truth is not in
us.” (1 John 1:8).
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B. Believe Jesus is Lord. Believe that (7) Jesus Christ is who He claimed to (7) be;
that He was both fully God (7) and fully man and that we are (7) saved through
His death, burial, and resurrection. (7) Put your trust in Him as your (7) only
hope of salvation. Become a son (7) or daughter of God by receiving Christ.
(7777777) 7x7
. . . “That whosoever believeth in him should not perish, but have eternal life. For
God so loved the world, that he gave his only begotten Son, that whosoever
believeth in him should not perish, but have everlasting life. For God sent not his
son into the world to condemn the world; but that the world through him might
be saved. (John 3:15-17). For whosoever shall call upon the name of the Lord shall
be saved.” (Romans 10:13).
C. Call upon His name, Confess (7) with your heart and with your lips (7) that
Jesus is your Lord and Savior.
. . . “That if thou shalt confess with thy mouth the Lord Jesus, and shalt believe in
thine heart that God hath raised him from the dead, thou shalt be saved. For with
the heart man believeth unto righteousness; and with the mouth confession is
made unto salvation.” (Romans 10:9-10).
. . . “If we say that we have no sin, we deceive ourselves, and the truth is not in
us. If we confess our sins, he is faithful and just to forgive us our sins, and to
cleanse us from all unrighteousness. If we say that we have not sinned, we make
him a liar, and his word is not in us.” (John 1:8-10).
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