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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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Gulf

Saudi Crown Prince, Pakistani PM Discuss Implications of Regional Escalation

Prince Mohammed bin Salman, Saudi Crown Prince and Prime Minister, and Pakistani Prime Minister Muhammad Shehbaz Sharif meet in Riyadh last year. (SPA)
Prince Mohammed bin Salman, Saudi Crown Prince and Prime Minister, and Pakistani Prime Minister Muhammad Shehbaz Sharif meet in Riyadh last year. (SPA)
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Saudi Crown Prince, Pakistani PM Discuss Implications of Regional Escalation

Prince Mohammed bin Salman, Saudi Crown Prince and Prime Minister, and Pakistani Prime Minister Muhammad Shehbaz Sharif meet in Riyadh last year. (SPA)
Prince Mohammed bin Salman, Saudi Crown Prince and Prime Minister, and Pakistani Prime Minister Muhammad Shehbaz Sharif meet in Riyadh last year. (SPA)

Prince Mohammed bin Salman, Saudi Crown Prince and Prime Minister, and Pakistani Prime Minister Muhammad Shehbaz Sharif held telephone talks on Wednesday on regional developments and the implications of the ongoing military escalation on regional and global security and stability.

Shehbaz Sharif stresses his country’s full support to Saudi Arabia, saying it will always firmly stand by its side amid the Iranian attacks against its security and sovereignty.

In a post on X, he said Pakistan will continue to stand in solidarity with the Kingdom, saying it enjoys its absolute support.

He underscored his country’s firm commitment to Saudi Arabia’s security and sovereignty, especially amid the current regional escalation.

He also condemned any attacks that target the Kingdom, hailing its restraint and urging de-escalation and an end to the hostilities.

He said he agreed with Crown Prince Mohammed to continue close coordination.

Gulf

Fire at Kuwait Airport After Drones Hit Fuel Tank

Vehicles drive along the highway leading to and from Kuwait City on March 2, 2026. (AFP)
Vehicles drive along the highway leading to and from Kuwait City on March 2, 2026. (AFP)
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Fire at Kuwait Airport After Drones Hit Fuel Tank

Vehicles drive along the highway leading to and from Kuwait City on March 2, 2026. (AFP)
Vehicles drive along the highway leading to and from Kuwait City on March 2, 2026. (AFP)

Drones hit a fuel tank and sparked a fire at Kuwait International Airport, the Gulf state's civil aviation authority said on Wednesday, as Iran presses on with its attacks in the nearly four-week regional war.

Citing preliminary information, the Directorate General of Civil Aviation said in a statement posted online that the attack had caused only "limited" damage and no casualties.

Firefighters were working to bring the blaze under control, said agency spokesman Abdullah Al-Rajhi.

Iran's Revolutionary Guards said in a statement carried by state broadcaster IRIB that they had launched missiles and drones at military bases hosting US forces in Kuwait, Jordan and Bahrain as well as targets in Israel.

The Kuwait National Guard said in a statement that its forces intercepted six drones early Wednesday, and the army said air defenses were "responding to hostile missile and drone attacks".

In Bahrain, the interior ministry said air raid sirens were activated, while Jordan's public security directorate reported shrapnel fell near the capital Amman, resulting in no casualties or damage.

In Israel, the military said air defenses responded to Iranian missiles that triggered warning sirens across much of the country's central region.

The Kuwait airport is largely closed to commercial flights and has come under attack several times since the regional war began on February 28, when Israel and the United States launched strikes on Iran.

On March 14, the civil aviation authority said an attack with "several drones" targeted the airport and "struck its radar system". No casualties were reported.

Major airlines have suspended flights to the Gulf, or cut back due to fuel shortages linked to the war.

Gulf

Shrapnel from Downed Ballistic Missile Causes Limited Damage in Saudi Arabia’s Eastern Region

Shrapnel from Downed Ballistic Missile Causes Limited Damage in Saudi Arabia’s Eastern Region
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Shrapnel from Downed Ballistic Missile Causes Limited Damage in Saudi Arabia’s Eastern Region

Shrapnel from Downed Ballistic Missile Causes Limited Damage in Saudi Arabia’s Eastern Region

Spokesman for Saudi Arabia’s civil defense said on Wednesday that shrapnel from a downed ballistic missile has caused damage in the Eastern Region.

The shrapnel damaged two houses, one of which was still under-construction and uninhabited.

No one was injured in the incident.

Earlier, Saudi defenses downed a ballistic missile and 28 drones in the Eastern Region, said Defense Ministry spokesman Turki al-Malki.