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Saudi Arabia, Ghana Strengthen Collaboration in Agriculture, Food Security

Alfadley's tour of Africa included visits to Senegal, Côte d’Ivoire, Nigeria, and Ghana - SPA
Alfadley's tour of Africa included visits to Senegal, Côte d’Ivoire, Nigeria, and Ghana - SPA
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Saudi Arabia, Ghana Strengthen Collaboration in Agriculture, Food Security

Alfadley's tour of Africa included visits to Senegal, Côte d’Ivoire, Nigeria, and Ghana - SPA
Alfadley's tour of Africa included visits to Senegal, Côte d’Ivoire, Nigeria, and Ghana - SPA

Saudi Minister of Environment, Water, and Agriculture Eng. Abdulrahman Alfadley and Minister of Food and Agriculture of Ghana Dr. Bryan Acheampong reached an agreement during Alfadley's tour of Africa, strengthening relations and increasing investment opportunities in agriculture, food security, fisheries, and livestock.
The two officials agreed to work together to ease the process of investing in their countries, to serve the common interest, and expand the scope of economic partnership, SPA reported.
Alfadley's tour of Africa included visits to Senegal, Côte d’Ivoire, Nigeria, and Ghana, and is part of efforts to implement the outcomes of the recent Saudi-African Summit.
The tour aims to strengthen ties and collaboration between Saudi Arabia and African states.

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Oil Steady but on Track for Weekly Drop on Firmer Supply Outlook

FILE PHOTO: A ship is moored near storage tanks at an oil refinery off the coast of Singapore October 17, 2008. REUTERS/Vivek Prakash/File Photo
FILE PHOTO: A ship is moored near storage tanks at an oil refinery off the coast of Singapore October 17, 2008. REUTERS/Vivek Prakash/File Photo
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Oil Steady but on Track for Weekly Drop on Firmer Supply Outlook

FILE PHOTO: A ship is moored near storage tanks at an oil refinery off the coast of Singapore October 17, 2008. REUTERS/Vivek Prakash/File Photo
FILE PHOTO: A ship is moored near storage tanks at an oil refinery off the coast of Singapore October 17, 2008. REUTERS/Vivek Prakash/File Photo

Oil prices held steady on Friday but remained on track for a weekly fall as investors weighed expectations for increased output from Libya and the broader OPEC+ group against fresh stimulus from top importer China.

Brent crude futures were up 8 cents, or 0.1%, at $71.68 per barrel as of 1130 GMT, while US West Texas Intermediate crude futures were up 11 cents, or 0.2%, to $67.78.

On a weekly basis, Brent was down almost 4%, while WTI was on track to lose nearly 6%, Reuters reported.

China's central bank on Friday lowered interest rates and injected liquidity into the banking system, aiming to pull economic growth back towards this year's target of roughly 5%.

More fiscal measures are expected to be announced before Chinese holidays starting on Oct. 1 after a meeting of the Communist Party's top leaders showed an increased sense of urgency about mounting economic headwinds.

Meanwhile, rival factions staking claims for control of the Central Bank of Libya signed an agreement to end their dispute on Thursday. The dispute had seen crude exports fall to 400,000 barrels per day (bpd) this month from more than 1 million last month.