Five States, Including Saudi Arabia, Launch UN Group of Friends for Digital Cooperation

The initiative aims to lead global support and sustainable growth for the digital economy. SPA
The initiative aims to lead global support and sustainable growth for the digital economy. SPA
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Five States, Including Saudi Arabia, Launch UN Group of Friends for Digital Cooperation

The initiative aims to lead global support and sustainable growth for the digital economy. SPA
The initiative aims to lead global support and sustainable growth for the digital economy. SPA

Five member states of the Digital Cooperation Organization (DCO) including Saudi Arabia, Bahrain, Cyprus, Pakistan, and Rwanda have launched the “United Nations Group of Friends for Digital Cooperation” initiative at the United Nations headquarters in New York.

The event on Saturday was held on the sidelines of the 78th UN General Assembly meetings.

The initiative aims to lead global support and sustainable growth for the digital economy, enabling prosperity and social inclusivity for all on a global scale.

The group emphasized that digital technologies have transformed societies over the past two decades, connecting billions of individuals, governments, and businesses. It underscored the pressing need for digital empowerment makers to achieve the UN Sustainable Development Goals (SDGs). However, the group says, the digital divide still exists and hinders economic growth and sustainable development.

The “Group of Friends for Digital Cooperation” will support collective efforts aimed at enhancing the digital economy and will work on launching initiatives, projects, and events that can stimulate the development of the global digital economy.

The DCO, headquartered in Riyadh, supports the initiative of the group and the launch of its member states.

Secretary-General of the DCO Deemah Al-Yahya emphasized that the Group was established as an initiative from the DCO to facilitate international, multi-stakeholder action and cooperation in the realignment of the 2030 UN SDGs.



Albudaiwi: Advantage Oman Forum Offers Valuable Investment Insights

Gulf Cooperation Council (GCC) Secretary-General Jasem Albudaiwi
Gulf Cooperation Council (GCC) Secretary-General Jasem Albudaiwi
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Albudaiwi: Advantage Oman Forum Offers Valuable Investment Insights

Gulf Cooperation Council (GCC) Secretary-General Jasem Albudaiwi
Gulf Cooperation Council (GCC) Secretary-General Jasem Albudaiwi

Secretary-General of the Gulf Cooperation Council (GCC) Jasem Mohamed Albudaiwi said that the Advantage Oman Forum is a valuable opportunity offered by Oman to discuss and review investment opportunities and initiatives, as well as future transformations in promising sectors in this field.
This came during Albudaiwi's participation in the first edition of the Advantage Oman Forum, which was held under the patronage and attendance of Omani Deputy Prime Minister for Defense Affairs Sayyid Shihab bin Tarik Al Said, and in the presence of a number of ministers of the GCC countries, Sunday in Muscat. A group of senior officials and decision-makers participated in the forum, SPA reported.
The Secretary-General stated that Oman's Organisation of this forum reflects the insightful vision of the wise Omani leadership to strengthen the national economy and attract global investments, thus contributing to achieving sustainable development goals. He also praised the forum's activities and the workshops as well as the dialogue sessions it included, which provide the elements of success and sustainability for this forum, making it a regional and international platform and a destination for those interested in economic and investment affairs in Oman.
Furthermore, Albudaiwi added that Oman, with its attractive investment environment, advanced infrastructure, well-thought-out economic policies and significant economic, in addition to investment growth indicators, has become a destination for investors from around the world, stressing that this strengthens its position as a key pillar in the economies of the GCC countries and supports the council's aspirations for regional economic integration.
The Secretary-General concluded his statement by expressing his confidence that the forum will achieve positive results that will contribute to expanding the horizons of economic and investment cooperation between the GCC countries and the world, and support the comprehensive development process in the region.