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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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Foreign Ministers of UAE, Israel Discuss Gaza Ceasefire

Sheikh Abdullah bin Zayed Al Nahyan received Israel’s Minister of Foreign Affairs Gideon Saar in Abu Dhabi. (WAM)
Sheikh Abdullah bin Zayed Al Nahyan received Israel’s Minister of Foreign Affairs Gideon Saar in Abu Dhabi. (WAM)
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Foreign Ministers of UAE, Israel Discuss Gaza Ceasefire

Sheikh Abdullah bin Zayed Al Nahyan received Israel’s Minister of Foreign Affairs Gideon Saar in Abu Dhabi. (WAM)
Sheikh Abdullah bin Zayed Al Nahyan received Israel’s Minister of Foreign Affairs Gideon Saar in Abu Dhabi. (WAM)

Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, received Gideon Saar, Israel’s Minister of Foreign Affairs in Abu Dhabi where the talks focused on bilateral relations between the two countries, WAM news agency said on Tuesday.
Discussions also addressed the latest developments in the region, particularly the escalating humanitarian crisis in the Gaza Strip, and the regional and international efforts aimed at achieving a sustainable ceasefire.
Sheikh Abdullah highlighted the urgent importance of advancing a serious political horizon to resume negotiations for achieving a comprehensive peace based on the two-state solution, adding that this would contribute to establishing stability, achieving sustainable security in the region, and ending the escalating violence.
He emphasized the need for concerted efforts to reach a permanent ceasefire and prevent the expansion of conflict in the region, noting that the priority is to end tension and violence, protect civilian lives, and make every effort to facilitate the flow of urgent humanitarian aid, added WAM.
Sheikh Abdullah stressed that the Middle East is experiencing unprecedented tension and instability, requiring enhanced collective international efforts to end extremism, tension, and escalating violence while adopting a path of peace, prosperity, and development for the benefit of its people.
He reiterated the UAE's support for the mediation efforts of Qatar, Egypt, and the United States to broker a prisoner exchange agreement that could lead to a permanent ceasefire, the release of hostages, and the safe and sustainable delivery of adequate humanitarian aid to civilians in Gaza.
He underlined that building peace in the region is the key to establishing lasting stability, sustainable security, and fulfilling the aspirations of its people for comprehensive development and a dignified life.
Sheikh Abdullah reaffirmed the UAE’s unwavering commitment to supporting the Palestinian people and their right to self-determination, highlighting the nation's longstanding solidarity with Palestinians over the decades.