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Saudi Arabia, US Discuss Supporting Growth of Digital Economy in the Region

The Saudi Minister of Communications and Information met in Washington with the US Secretary of Commerce. SPA
The Saudi Minister of Communications and Information met in Washington with the US Secretary of Commerce. SPA
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Saudi Arabia, US Discuss Supporting Growth of Digital Economy in the Region

The Saudi Minister of Communications and Information met in Washington with the US Secretary of Commerce. SPA
The Saudi Minister of Communications and Information met in Washington with the US Secretary of Commerce. SPA

Saudi Minister of Communications and Information Technology Eng. Abdullah bin Amer Al-Sawah has met in Washington with the US Secretary of Commerce, Gina Raimondo.

Friday’s meeting was attended by Princess Reema bint Bandar bin Sultan bin Abdulaziz, the Saudi Ambassador to the US.

During the meeting, the two sides discussed strengthening the strategic partnership between the Kingdom and the US to support the growth of the digital economy in the region, as Saudi Arabia is a pivotal hub for technology and innovation.

They also discussed the acceleration of the growth of modern technologies to serve scientific and technical progress in various sectors, highlighting the expanding investment opportunities in the digital economy between the two countries.

Al-Sawah also held separate talks with White House officials.

Al-Sawah met with deputy national security advisor for cyber and emerging technology Anne Neuberger to discuss enhancing partnerships in the fifth- and sixth-generation technologies.
The minister also met with special presidential coordinator for global infrastructure and energy security Amos Hochstein and National Security Council Middle East and North Africa coordinator Brett McGurk to discuss cooperation in digital economy and innovation.
At a separate meeting with Chirag Parikh, the executive secretary of the White House National Space Council, Al-Sawah discussed joint investments in space economies and technologies and developing national talents.

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Putin, Al-Sudani Discuss OPEC+ Coordination on Oil Price Stability

Russian President Vladimir Putin
Russian President Vladimir Putin
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Putin, Al-Sudani Discuss OPEC+ Coordination on Oil Price Stability

Russian President Vladimir Putin
Russian President Vladimir Putin

Russian President Vladimir Putin and Iraqi Prime Minister Mohammed Shia al-Sudani on Thursday discussed the importance of coordination between OPEC and OPEC+ members on oil price stability in a manner that guarantees fair prices for exporters and consumers.

Putin held a phone call with al-Sudani during which they discussed the OPEC+ oil agreement and the situation in the Middle East, the Kremlin said.

The telephone conversation came days prior to an OPEC+ key meeting expected early next month.

Reuters said that OPEC+ may push back output increases again when it meets on Dec. 1 due to weak global oil demand, according to three OPEC+ sources familiar with the discussions. Ministers last shelved the increase for a month when they met virtually on Nov. 3.

In a statement, the Kremlin on Thursday said Putin and Al-Sudani touched upon various aspects of coordination as part of OPEC+, a format that helps maintain stability in the global oil market, and reaffirmed the importance of continuing to coordinate steps in this format.

The Middle East issues were also mentioned in light of the unprecedented escalation of tensions in the region, it added.

The parties also agreed on further contacts at various levels, the statement said.

Later, Al-Sudani’s office said the phone call touched on energy-related matters, highlighting the importance of coordination among all concerned countries within OPEC and the OPEC+ group to stabilize oil and gas prices, ensuring fair pricing for both producers and consumers.