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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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Emirati, Israeli Foreign Ministers Discuss De-escalation in Gaza

Emirati Deputy Prime Minister and Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan met with his Israeli counterpart, Gideon Saar, in Abu Dhabi on Sunday (WAM) 
Emirati Deputy Prime Minister and Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan met with his Israeli counterpart, Gideon Saar, in Abu Dhabi on Sunday (WAM) 
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Emirati, Israeli Foreign Ministers Discuss De-escalation in Gaza

Emirati Deputy Prime Minister and Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan met with his Israeli counterpart, Gideon Saar, in Abu Dhabi on Sunday (WAM) 
Emirati Deputy Prime Minister and Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan met with his Israeli counterpart, Gideon Saar, in Abu Dhabi on Sunday (WAM) 

Emirati Deputy Prime Minister and Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan discussed on Sunday with his Israeli counterpart, Gideon Saar, the growing bilateral relations between the two countries and the latest regional developments, particularly the worsening humanitarian crisis in the Gaza Strip.

The meeting, held in Abu Dhabi, also addressed regional and international efforts to resume a truce agreement, achieve a ceasefire and secure the release of hostages.

Sheikh Abdullah stressed the priority of working towards a ceasefire and the release of hostages, as well as the importance of avoiding further escalation of the conflict in the region.

He affirmed the UAE’s support for all diplomatic efforts aimed at protecting civilians and enhancing the response to the humanitarian crisis in Gaza.

Sheikh Abdullah also reiterated the urgent need to advance a serious political horizon for the resumption of negotiations to achieve a comprehensive peace based on the two-state solution.

The Deputy PM emphasized the importance of ending extremism, rising tensions and violence in the region, and called for the international community to join efforts to fulfil the aspirations of the region’s peoples for security, stability and a dignified life, according to the Emirati official news agency, WAM.

Sheikh Abdullah pointed to the dire humanitarian situation in Gaza, which necessitates exerting every effort to ensure the safe, sustainable and unhindered flow of urgent humanitarian aid.

He reaffirmed the UAE’s longstanding fraternal and historic stance in support of the Palestinian people, underlining the country’s unwavering commitment to supporting the Palestinian people and their right to self-determination, WAM said.

He noted that his country would spare no effort in extending assistance and providing the necessary humanitarian support to meet the Palestinians needs.

“There is a pressing priority of bolstering regional and international efforts to confront extremism, hatred and racism, and of promoting collective international action to spread the values of tolerance, coexistence and human fraternity in the region, which are fundamental pillars for building safe, stable and prosperous societies,” he said.