Saudi Arabia, Tunisia Discuss Strengthening Collaboration in Industry and Transport

Saudi Minister of Investment Khalid Al-Falih met in Tunis on Saturday with Tunisian Minister of Transport Rachid Amri. SPA
Saudi Minister of Investment Khalid Al-Falih met in Tunis on Saturday with Tunisian Minister of Transport Rachid Amri. SPA
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Saudi Arabia, Tunisia Discuss Strengthening Collaboration in Industry and Transport

Saudi Minister of Investment Khalid Al-Falih met in Tunis on Saturday with Tunisian Minister of Transport Rachid Amri. SPA
Saudi Minister of Investment Khalid Al-Falih met in Tunis on Saturday with Tunisian Minister of Transport Rachid Amri. SPA

Saudi Minister of Investment Khalid Al-Falih met in Tunis on Saturday with Tunisian Minister of Transport Rachid Amri.
The meeting focused on strengthening cooperation between Saudi Arabia and Tunisia, particularly in the fields of industry, transport, and logistics. Both ministers discussed strategies to enhance investment opportunities in these vital sectors, reflecting the strong relations and shared commitment to fostering economic development.
The meeting was also attended by Saudi Ambassador to Tunisia Dr. Abdulaziz bin Ali Al-Saqr.

Earlier, Al-Falih and Tunisian Minister of Economy and Planning Samir Abdel Hafiz signed a Memorandum of Understanding (MoU) to promote direct investment between the two countries.
The agreement aims to strengthen cooperation by encouraging direct investment and facilitating the exchange of information on systems and regulations governing the investment environment.
The MoU underscores a shared commitment to enhancing economic ties and leveraging mutual opportunities for sustainable growth and development.

During his visit to Tunis, Al-Falih also met with Tunisian Minister of Economy and Planning Samir Abdel Hafiz.
The meeting focused on exploring investment and cooperation opportunities in sectors of mutual interest. Discussions aimed to strengthen economic ties and identify initiatives aligned with the shared goals of fostering growth and development in both nations.
The meeting underscores the commitment of Saudi Arabia and Tunisia to advancing bilateral relations, particularly in economic and investment fields.



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.