Gulf-Russian Ministerial Meeting Focuses on Developing Cooperation

The Russian Foreign Minister in a group photo with the foreign ministers of the Gulf Cooperation Council countries before their meeting in Moscow (AP)
The Russian Foreign Minister in a group photo with the foreign ministers of the Gulf Cooperation Council countries before their meeting in Moscow (AP)
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Gulf-Russian Ministerial Meeting Focuses on Developing Cooperation

The Russian Foreign Minister in a group photo with the foreign ministers of the Gulf Cooperation Council countries before their meeting in Moscow (AP)
The Russian Foreign Minister in a group photo with the foreign ministers of the Gulf Cooperation Council countries before their meeting in Moscow (AP)

The foreign ministers of Russia and the Gulf Cooperation Council countries held an extensive round of talks on Monday in Moscow, within the framework of the strategic dialogue between the two sides.

In a statement, the Russian Ministry of Foreign Affairs said that Minister Sergei Lavrov focused, at the opening of the session, on the importance that his country attaches to developing dialogue and strengthening cooperation in all fields with the GCC.

Russian sources stressed that the parties have reached a joint statement that reflects the level of understanding and convergence of views on regional and international issues

The ministerial level meeting is the sixth of its kind to enhance the strategic dialogue between Russia and the GCC countries. Discussions focused mainly on the situation in Ukraine and grain supplies from Ukraine and Russia.

GCC Secretary-General Jasem Mohammad Al-Budaiwi announced at the outset of the talks that the meeting aims to strengthen relations between the Arab Gulf states and Russia, as it “covers many international issues of regional cooperation.”

He added that the GCC countries were interested in extending the grain deal, in an effort to alleviate the food crisis.

“The GCC countries are interested and striving to extend the grain deal for the supply of Russian and Ukrainian grain through the Black Sea, which will lead to mitigating the humanitarian consequences of the crisis and responding to food challenges,” he said.

For his part, Omani Foreign Minister Badr bin Hamad al-Busaidi stressed that the conflict in Ukraine must be resolved through a dialogue based on international law, taking into account the views of all sides.

“We believe in the necessity of a peaceful solution to this conflict, and we reaffirm the importance of a solution through dialogue on the basis of international law, taking into account the interests of all parties,” he told the meeting.

Russian sources did not rule out that the GCC countries would show interest in playing a mediation role to advance a political solution, based on the success of previous efforts made by Riyadh and Abu Dhabi, which resulted in a prisoner exchange and alleviated some aspects of the acute humanitarian crisis.

In a press conference held at the end of the meeting, Lavrov said that Russia and the GCC countries have made great progress in revitalizing cooperation. He noted that trade exchange between the two sides have reached $11 billion, despite the geopolitical difficulties.

He also welcomed the rapprochement in Saudi-Iranian relations, and the desire of the two parties to promote a “positive atmosphere in the region.”



Saudi FM, Lebanese Speaker Discuss Efforts Aimed at Stopping Israeli Attacks

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah
Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah
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Saudi FM, Lebanese Speaker Discuss Efforts Aimed at Stopping Israeli Attacks

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah
Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah held on Thursday a telephone call with Lebanese Parliament Speaker Nabih Berri.

During the call, Prince Faisal and Berri discussed the latest developments in Lebanon and diplomatic efforts aimed at achieving a cessation of hostilities and an end to Israeli attacks.

The Saudi FM reiterated the Kingdom’s support for the stability of Lebanon and to strengthening its state institutions.

Berri praised the Kingdom’s role and its continuous efforts in supporting Lebanon’s security and the broader stability of the region.

He also stressed Lebanon’s commitment to the Taif Agreement and its rejection of any actions that threaten Saudi Arabia’s security.


Saudi Foreign Minister, Cuban Counterpart Discuss Latest Developments in Middle East

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah/File Photo
Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah/File Photo
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Saudi Foreign Minister, Cuban Counterpart Discuss Latest Developments in Middle East

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah/File Photo
Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah/File Photo

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah received a phone call Thursday from Minister of Foreign Affairs of the Republic of Cuba Bruno Rodríguez Parrilla, SPA reported.

During the call, they reviewed the latest developments in the Middle East, in addition to discussing a number of topics and mutual interest.


Saudi Arabia Secures Leading Rankings in Global Entrepreneurship Monitor Report

The Saudi flag. Photo: Asharq Al-Awsat
The Saudi flag. Photo: Asharq Al-Awsat
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Saudi Arabia Secures Leading Rankings in Global Entrepreneurship Monitor Report

The Saudi flag. Photo: Asharq Al-Awsat
The Saudi flag. Photo: Asharq Al-Awsat

Saudi Arabia has secured top global rankings in the Global Entrepreneurship Monitor (GEM) 2025–2026 report, reflecting a highly competitive environment and reinforcing its position as a premier global hub for entrepreneurship.

The Kingdom led all high-income economies in Entrepreneurial Finance, highlighting the efficiency of its financing tools for small and medium-sized enterprises (SMEs). Additionally, Saudi Arabia ranked third globally in the National Entrepreneurship Context Index (NECI), cementing its status as an elite destination for entrepreneurial investment and growth, SPA reported.

Total early-stage Entrepreneurial Activity (TEA) has seen rapid expansion, jumping from 12.1% in 2018 to 28.9% in 2025. Similarly, entrepreneurial intentions nearly doubled, rising from 26.8% to 48.5% over the same period.

This growth is mirrored in the academic sector, where the Kingdom climbed from 53rd to seventh place globally in university-based entrepreneurship.

These milestones result from integrated efforts between government entities like the Small and Medium Enterprises General Authority (Monsha'at), the private sector, and academic institutions.