King Salman Reviews Regional Developments with Japanese Officials

King Salman Reviews Regional Developments with Japanese Officials”

SoftBank Group Corp Chairman Masayoshi Son will meet Saudi King Salman on Tuesday in Tokyo, a person briefed on the matter said, as the kingdom and the Japanese tech and investment firm proceed with plans to create a $100 billion technology-investment fund.

Specifically, the two governments will launch preparatory researches for the envisaged economic zone and joint investment in the artificial intelligence and big data markets in the Middle Eastern country.

The Nikkei business daily also reported that Toyota Motor is looking at building a vehicle assembly plant in the Middle East country.

The king and his delegation continue their four-day visit to Japan through Wednesday. "Saudi Arabia is aiming to obtain aid both from Japan and China by hedging between the two countries", a diplomatic source said.

More news: Brooks named Pac-12 player of the year

As Japan has friendly ties with Iran, the Japanese government envisages strengthening ties with both Saudi Arabia and Iran.

Abe and King Salman agreed to beef up their countries' security cooperation, including the resumption of subcabinet-level talks, while defining the bilateral relationship as a strategic partnership.

Saudi Arabia is India's fourth largest trade partner and the country imports around 19 per cent of its crude oil requirement from Saudi.

Saudi Arabia's King Salman bin Abdulaziz al-Saud has been touring Asia. and his latest stop in Japan was pure luxury.

More news: Marcus Stoinis replaces injured Mitchell Marsh for last two India Tests

A key thrust of the Vision 2030 strategy is the setting up of special deregulated economic zones in Saudi Arabia, featuring tax incentives, easier Customs procedures and relaxed visa rules, to woo Japanese companies and investors.

It's not the first for King Salman though, as he visited Japan in 2014 when he was still crown prince. "When the King visited Japan, he had a meal with my grandfather at his private residence in Gotemba", he said.

The King was awarded the Order of the Chrysanthemum, Japan's highest order, by Emperor Akihito.

In September a year ago, Emperor Akihito held talks with the king's son, Deputy Crown Prince Mohammed bin Salman, at the Imperial residence.

More news: Hawaiian Airlines flight diverted after fight over cost of blanket

Like this


14 March 2017
Former Penn State Administrators Plead Guilty To Roles In Abuse Scandal
Paterno reported the information to Curley, his supervisor, and Curley and Schultz never reported the incident to the authorities. Sandusky is now serving a prison sentence of 30-60 years after being convicted on over 40 child sexual abuse charges.

14 March 2017
Larry Sanders to sign with Cleveland Cavaliers, per AP source
He left the league shortly thereafter and later checked himself into a hospital as he was battling anxiety and depression. With Sanders on the team, the Cavs will have one of the deepest rosters in the league, when fully healthy.

13 March 2017
Iran gets its first widebody aircraft since easing of sanctions
The Airbus A330, which is an intercontinental plane, landed at Mehrabad International Airport on Saturday morning. Iran Air is also expected to finalize an accord with European manufacturer ATR to purchase 20 turboprops.

13 March 2017
Trump's revised travel ban will be ruled unlawful
The Washington attorney general's office wrote on Twitter that its legal team was reviewing the order to "determine next steps". The lawsuit said the initial travel ban was unconstitutional and hurt the state's businesses and universities.

12 March 2017
Gboard for Android Updated with Improved Voice Typing, More
Instead of leaving your messaging app to translate a word or phrase, now you can translate your text right in the Gboard app. The latest version of the app is already available and can be downloaded from Google Play.

11 March 2017
3 thoughts: Star-studded semis on the cards for FA Cup
The FA Cup has enjoyed something of a return to form this season, featuring heroic giant-killing acts and a string of minnows defying the odds.

10 March 2017
Trump to nominate Noel Francisco for solicitor general
The role of Solicitor General doesn't usually make too many headlines, but that's nearly certain to change in the next four years. Francisco has argued before the Supreme Court on several occasions, including two high-profile cases from recent sittings.

10 March 2017
Hyperloop Track, First Test Track at Actual Size, Unveiled in Nevada
At its Apex site in North Las Vegas, the company had built The DevLoop , which is 1,640-feet-long and nearly 11 feet in diameter. DevLoop is 500m-long with a diameter of 3.3m, and expected to start testing in the first half of this year.

10 March 2017
Hales added to England squad in West Indies
He was given out lbw on 93 off Kraigg Brathwaite but asked for a video review which showed the ball would have missed off stump. Hales is now fit to return to action, and is expected to replace Sam Billings at the top of the order alongside Jason Roy .

09 March 2017
Vimeo arrives fashionably late to the 360 video party
All in all, the process of getting 360 content from Facebook and Vimeo should be pretty easy. And, of course, you can access your own 360-degree content to watch within the VR headset.