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Saudi Press Report
Published in Saudi Press Agency on 04 - 06 - 2022

Saudi newspapers highlighted in their editorials today a number of issues at local, regional and international levels.
The front pages of most papers carried the following titles: US white house welcomes truce in Yemen; Saudi Arabia proves to be a supportive drive for peace and security in Yemen; Red Wave -5 maneuver, a combat force for the safety of seas, wraps up; peoples cultural festival closes in Islamic university in Al-Madinah Al-Munawarah; and the Cremlin vows to continue military campaign until achieving its goals.
Al-Iqtisadiyah (the Economist) newspaper reported in its editorial titled 'governance of companies and rights of stakeholders'
that since the collapse of the world stock market and the flare up of the las world-wide financial crisis, the world is monitoring the market, hoping that it would not repeat the scenario on the bases of false information as the only guarantee is the authenticity and transparency of such data and information associated with the safety of the systems of governance of companies which whenever becomes loose, they are vulnerable to bancrupcy and collapse.
In this regard, the Ministry of Commerce has issued a list of procedures to guarantee that all companies whether listed as part of those subject to the governance system or not are committed to the regulation to avoid any kind of failure.
For its part, Al-Yaum newspaper reported in its editorial titled 'Pilgrims Punctuality Helps Success of Hajj' that the Saudi government, under the leadership of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and HRH Crown Prince has issued new regulations for submitting entries to the forthcoming Hajj, noting that the government has offered state-of-the-art services just requesting pilgrims to abide by regulations to make the event a complete success.
For its part, Arriyadh newspaper appropriated its editorial to the 'Food Security', citing that the break out of the Russian Ukraine conflict drew the Arab region attention to the risk of food security as most of their food commodities imports come from the war-stricken region, announcing that the era of importing cheap wheat and food items has come to an end. This means that, had the war prolonged in that region, the Arab world would witness crises, supply chains cut offd, price fluctuations and unprecedented hikes, the paper said, adding that however, the Arab countries enjoy remarkable potentials in food security but they lack strategic planning, calling on all parties to come to each other and show cooperation to come with clear plans to overcome this problem.


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