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Minister of Investment Heads Saudi Government and Private Delegation to Latin America

Saudi Minister of Investment Khalid Al-Falih. (SPA)
Saudi Minister of Investment Khalid Al-Falih. (SPA)
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Minister of Investment Heads Saudi Government and Private Delegation to Latin America

Saudi Minister of Investment Khalid Al-Falih. (SPA)
Saudi Minister of Investment Khalid Al-Falih. (SPA)

Minister of Investment Khalid Al-Falih is heading a high-level delegation composed of a number of government agencies, national companies and representatives of the private sector scheduled to pay an official tour of seven Latin American nations between July 31 and August 9, 2023, SPA said on Monday.
An official report said that the tour will take the Saudi delegation to the Federative Republic of Brazil, the Republic of Chile, the Republic of Costa Rica, the Republic of Argentina, the Republic of Panama, the Republic of Paraguay and the Republic of Uruguay.
The tour aims to strengthen investment relations, review the existing strategic partnership between the Kingdom of Saudi Arabia and Latin American countries, and highlight the qualitative and unprecedented opportunities that the Kingdom abounds in all fields.
In his first leg, Al-Falih is set to open the Brazilian-Saudi Investment Forum on Monday, in the presence of senior officials from the two countries. In addition, several officials and CEOs of major companies and representatives of the private sector from the two countries will participate in the forum, in order to enhance investment relations in all fields.
The forum will review investment opportunities and the environment in the Kingdom of Saudi Arabia and the Federative Republic of Brazil as well. It will also include discussion sessions on a number of topics aimed at strengthening investment relations in various areas of common interest, including investment opportunities in mining, food processing, agriculture, transport and logistics, health care, entertainment, pharmaceuticals and biotechnology. Moreover, the forum will highlight the possibility of partnership between investors in the two countries, with the participation of representatives of government agencies, the private sector and major Saudi and Brazilian companies.
During his tour of the other six-nation Latin American countries, the Minister of Investment and his accompanying delegation are scheduled to hold several roundtable-meetings with representatives of companies with the aim of exploring opportunities to strengthen and deepen investment partnerships.
The tour comes as an extension of previous visits organized by the Ministry of Investment to a number of Caribbean and Latin and South American countries aiming to enhance investment relations with the region, within the Kingdom’s keenness to build bridges of communication with various countries of the world.

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UAE Sentences Killers of Israeli Rabbi to Death

The court unanimously sentenced the three defendants who carried out the murder and kidnapping to death, while the accomplice who aided them received a life sentence. (WAM)
The court unanimously sentenced the three defendants who carried out the murder and kidnapping to death, while the accomplice who aided them received a life sentence. (WAM)
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UAE Sentences Killers of Israeli Rabbi to Death

The court unanimously sentenced the three defendants who carried out the murder and kidnapping to death, while the accomplice who aided them received a life sentence. (WAM)
The court unanimously sentenced the three defendants who carried out the murder and kidnapping to death, while the accomplice who aided them received a life sentence. (WAM)

The United Arab Emirates on Monday sentenced three people to death for the murder of an Israeli-Moldovan rabbi who was killed in November in the Gulf country, state news agency WAM reported.

The Abu Dhabi Federal Appeal Court ruled the murder of Zvi Kogan, 28, was committed by the defendants in pursuance of a "terrorist purpose," according to WAM.

Attorney General Dr. Hamad Saif Al Shamsi had ordered the four defendants to be brought to a swift trial in January 2025, following investigations conducted by the State Security Prosecution, which revealed that the defendants had tracked and murdered the victim.

The evidence presented by the State Security Prosecution to the court included the defendants' detailed confessions to the crimes of murder and kidnapping, along with forensic reports, post-mortem examination findings, details of the instruments used in the crime, and witness testimonies.

The court unanimously sentenced the three defendants who carried out the murder and kidnapping to death, while the accomplice who aided them received a life sentence followed by deportation from the country after serving his sentence.

Under UAE law, sentences of capital punishment are automatically subject to appeal and are referred to the Criminal Division of the Federal Supreme Court for review and adjudication.

The Attorney General stressed that the verdict reflects the UAE’s unwavering commitment to combating terrorism in accordance with the highest standards of justice and the rule of law while ensuring fair trial guarantees. He stressed that the UAE judiciary resolutely confronts any attempts to undermine national security and stability.

Furthermore, the Attorney General added that the United Arab Emirates stands as a global model of coexistence and tolerance, where its laws protect all residents, regardless of religion or ethnicity, ensuring their safety and security.