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Vol. 02 - Issue 12 ABC Certified www.melangemagazine.biz MélangeMélangeMay 2018 Prince Mohammed bin Salman A TRIBUTE TO Leading Saudi Arabia Towards Modernisation H.E. Movlamov A. Nurlyevich Turkménistan Ambassador to Pakistan A COVETED COMMUNITY IN THE HEART OF DUBAI 5AED 3ST0ARTING,0 PRICE0 0 ONWARDS FEATURE & AMENITIES TYPES & PRICES STATE OF THE ART GYM PAYMENT PLAN ALL UNITS SPA OF APARTMENTS Descri ption Milestone Percent value FREE WIFI TYPE PRICE (AED) SWIMMING POOL 1st installment Immediate 9% STUDIO 700,000 SAUNA 2nd installment 2 months after 1st inst 5% 24 HOURS RECEPTION ONE BEDROOM 1,550 ,000 3rd installment On completion 90% AMPLE PARKING TWO BEDROOM 3,300,000 CHILLERFREE Editor-in-Chief Amna Malik Board of Advisors Dr Ross Masood AIM to Boost Trade and Investment Dr Zafar Jaspal Kanwar Dilshad In the current era of global context, it is pertinent to understand the Javaid Malik Nadeem Khan dynamics of economic growth and investment in the region. Asia has Dr Tehseen Nisar undoubtedly benefited greatly from globalization, with many countries Mazhar Barlas Angelika Heike Schweer of the region relying to a significant extent on international trade and Dr Ammarah Rabbani investment as their main engine for economic growth and development. Editor Dr. Lubna Umar As the economies of the region continue to grow at the fastest pace of any other regions in the world, however, some have begun to question Executive Editors Erum Akbar how well the gains are shared within the countries themselves. Indeed, Assistant Editors there is some evidence that higher economic growth has led to increases Saima Zaman Zahid Rabbani in inequality in the countries of the region. This in turn has led to the realization that trade, investment and related domestic policies, which Associate Editors Chaudhary Arslan are de facto developed and implemented independently by various N.H Naqvi government bodies, need to be made more coherent if one is to achieve Staff Reporters a more sustainable and inclusive growth, as well to maintain a country or Sarmad Ali Khan Zahid Haleem a region's competitiveness in the global economy. The link between Foreign Desk trade and investment, particularly foreign direct investment needs to be Leyla Grate seen. FDI can be a substitute for trade, e.g., when a firm decides to invest and produce in a foreign country to serve customers in that country. Art Director Malik Nauman FDI can also be a complement to trade as efficiency-seeking firms look Director Marketing & Sales for the best location from which to produce and export their products. Amer Munawar Awan As trade barriers have fallen over the past two decades in most parts of Director IT the world and as intra-firm trade between countries have increased, a Fazal-e-Hadi strong relationship has been observed between foreign trade and Consultant IT Junaid Zia investment flows, including in Asia. At the regional level, the realization Event Coordinator/Photographer that trade, investment and other economic policies are inextricably Ramzan Mughal interlinked has led governments in the region to re-think the way Shahid Qureshi (Raju) economic cooperation agreements are negotiated. The tendency is now to negotiate broader economic cooperation agreements and the many Correspondents bilateral preferential trade agreements that have flourished in recent Fazal -e- Hadi Lahore Imran Zakir Karachi years in Asia now include investment provisions. In this backdrop, the Naveed Zaman Peshawar AIM conference plays a significant role in bridging the gap. The Annual Israr Ahmed Khan United Kingdom Dr. Taheem Nisar Europe Investment Meeting is the world's leading platform for FDI, aimed at Saleem Raza United States of America facilitating strategic networking and promoting investments. It is among Subscription the largest gathering of the international investment community, policy Yearly Rs. 5000/- (U.S. $ 80) makers, business leaders, regional and international investors, Per Copy Rs. 500/- (U.S. $ 8) entrepreneurs, leading academics and experts exhibiting up-to-date Cheque or draft should be made in information and strategies on attracting FDI.It organized key decision- the name of “Mélange” and mailed Managing Director Mélange makers from around the world, bringing together businesses and Plot No 38,Sector G-8-4, countries willing to engage in sustainable partnerships with investors. It Islamabad also offered a variety of features aimed at facilitating strategic Contact: +92 3008581439 networking and promoting investments while providing a worthwhile Email: [email protected] [email protected] learning experience. The eighth edition of the Annual Investment www.melangemagazine.biz Meeting held on 9 – 11 April 2018 at the Dubai World Trade Centre followed the theme of 'Linking Developed and Emerging Markets Note: through FDI: Partnerships for Inclusive Growth & Sustainable All advertisements and articles are published in good faith. The publishers are not responsible for Development'. In a span of three days, an array of activities took place any inconvenience or disappointment caused to. including a Conference, Exhibition, Capacity Building Workshops, anyone due to any advertisement or article. Country Presentations, Investors' Hub, Gala Dinner, Investment Printed at Roohani Art Press, Awards, various G2G, G2B and B2B Networking Features, AIM Muhammadi Town, Sohan, Express Way,Islamabad Published by Amna Malik, 58,Shahra -e- Suharwardy, Startup Innovation Showcase and Pitch Competition. G-6/4, Islamabad Mélange contents May 2018 Editor’s Note 03 AIM to Boost Trade and Investment The Big Story 06 Prince Mohammed bin Salman: Leading Saudi Arabia towards Modernisation Spot Light 09 US-Saudi Relations: Confronting New Challenges and Bolstering Ties Editor’s Choice 12 Returning to Cold War Politics Article 14 Cyber Security and the Female Presence 16 Gathering Dark Clouds 18 Emulating Contemporary Trends 20 One Belt One Road: Truly Connecting Asia Economy & Finance 23 Annual Investment Meeting 2018 Proved a Great Success 26 China Preparing to Lead the New Energy World Annual Spring Meeting of IMF and World Bank Brings 28 a more Comprehensive Monetary Analysis 30 Istanbul Welcomes: International Entrepreneurs Group 31 Chinese Delegation of Shenzhen City visits ICCI to Explore JVs 32 Neelum-Jhelum Power Project: A hub for Electricity Generation 33 Galloping Cryptocurrency Market Changes Course Life Style 34 Donald J Trump and First Lady Melania Trump: Most Popular & Celebrated Couple Mélange contents May 2018 World Leader Donald J. Trump: 45th President of the United States 36 International Perspective Pakistan Addresses Drug Menace through Wide-Ranging Policy Changes 38 Building National Narrative on PEACE 40 In Focus General Raheel Sharif: Chief of the Islamic Military Alliance 42 Diplomatic Corner Pakistan and Turkmenistan: Working Towards Common Interests 44 Pakistan Remains Committed in Fight Against Malaria: PM Abbasi 46 BOAO Forum for Asia Pakistan & China – The Iron Brothers 48 Tribute H.E. Mr Movlamov Atajan Nurlyevich: Promoting Relations and Forming Bonds 50 Special Report Cyber Security for a Sustainably Developed Pakistan 52 Lets Respect the Intellectual property Rights 54 Random Clicks 56 News Update 57 Travel Destination Saudi Arabia: An Experience to Discover 60 Food Corner Saudi Cuisine 61 Book Review The Neopopular Bubble: Péter Csigó Speculating on 'the People' in Late Modern Democracy 62 Big Story Prince Mohammed bin Salman Leading Saudi Arabia towards Modernisation describing the mullahs who presided over relieved that the transition of power was a Iran as akin to Nazis. The question for many smooth and peaceful one. They had no analysts around the world was whether he inkling of the changes that the Kingdom was represented genuine reform or was merely about to witness. In the context of the most using the language of reform to consolidate conservative country in the Arab world, Amna Malik power. One thing is sure however, that he where the emphasis has traditionally been on has become the one calling the shots with the quiet continuity, the developments over the full support of his father King Salman. past year and a half constitute a quiet Known as 'MBS', Prince Mohammad A Quiet Revolution revolution. The first surprise was the bin Salman is the king's favorite son and When Crown Prince Salman bin unprecedented removal of the man chosen second in line to take power in Saudi Arabia. Abdulaziz succeeded the late King Abdullah by King Abdullah as his heir, his brother MBS, has been consolidating power to an bin Abdulaziz in January 2015, Saudis were Prince Muqrin bin Abdulaziz, and the choice extent not well known until last year. That is of two princes from the younger generation, when the now 83-year-old King Salman, M o h a m m a d B i n S a l m a n B i n Mohammed bin Nayef (Salman's nephew) whose health is deteriorating, placed him in Abdulaziz al Saud and Mohammed bin Salman (Salman's line for the throne, supplanting the king's Crown Prince of Saudi Arabia youngest son), as crown prince and deputy nephew, Mohammed bin Nayef. Born in Jeddah on August 31, 1985 crown prince respectively. MBS, though only thirty-two¸ is already Father Salman of Saudi Arabia For the first time since the creation of one of the most powerful people in the Mother Fahda Bint Falah Bin Sultan Bin Saudi Arabia in 1932, power is set to move kingdom, has been the minister of defense, Hathleen Al-Ajmi from sons of the founder, Ibn Saud, to his chairman of the committee that charted the Married Sara Bint Mashoor Bin Abdulaziz Al grandsons. This shift is dramatic in a country kingdom's economy, and second in line to Saud in 2008 where old age and leadership have the throne. In a country long ruled by aging Children Prince Mashhour, Prince Salman, traditionally been linked. The new leadership kings, MBS is young, tall, and transparently Princess Fahda, Princess Nora Studied at King Saud University team, without delay, set about streamlining ambitious.