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Saudi Govt Following up on Int’l Efforts to Reach Gaza Ceasefire

Prince Mohammed bin Salman, Crown Prince and Prime Minister, chairs the cabinet meeting in Riyadh. (SPA)
Prince Mohammed bin Salman, Crown Prince and Prime Minister, chairs the cabinet meeting in Riyadh. (SPA)
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Saudi Govt Following up on Int’l Efforts to Reach Gaza Ceasefire

Prince Mohammed bin Salman, Crown Prince and Prime Minister, chairs the cabinet meeting in Riyadh. (SPA)
Prince Mohammed bin Salman, Crown Prince and Prime Minister, chairs the cabinet meeting in Riyadh. (SPA)

The Saudi government followed up on Tuesday on the Kingdom’s diplomatic efforts to push the international community to assume its responsibilities to stop the military operations in Gaza and allow relief organization to deliver urgent humanitarian aid to civilians.

The efforts have also pushed for reaching a just and comprehensive solution to the conflict that meets the aspirations of the brotherly Palestinian people.

Prince Mohammed bin Salman, Crown Prince and Prime Minister, chaired the cabinet meeting that was held in Riyadh.

The ministers were briefed on the telephone call he received from US President Joe Biden. The Crown Prince underlined Saudi Arabia’s position on the developments in Gaza.

The cabinet highlighted the resumption of talks in Jeddah between representatives of the Sudanese Armed Forces and Rapid Support Forces. The talks are being facilitated by Saudi Arabia and the United States in partnership with the African Union and Intergovernmental Authority on Development (IGAD).

The cabinet hoped that the talks would be a positive step forward towards ending the conflict and reaching an agreement that would establish security and stability in Sudan.

The cabinet reviewed the major events and economic activities hosted by the Kingdom in recent days, praising the success of the 7th Edition of the Future Investment Initiative (FII) and its achievements, notably the launch of investments worth over $17 billion.

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Gulf

Albudaiwi Affirms Solidity of GCC Economy to Face Economic Challenges

Secretary General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi
Secretary General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi
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Albudaiwi Affirms Solidity of GCC Economy to Face Economic Challenges

Secretary General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi
Secretary General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi

Secretary General of the Gulf Cooperation Council (GCC) Jasem Mohamed Albudaiwi affirmed the solidity and strength of the GCC economy and its ability to face economic challenges, the Saudi Press Agency said on Saturday.
Albudaiwi’s statement came in his recorded speech at the roundtable meeting between the GCC and American companies, which was held under the patronage of the US Chamber of Commerce on Thursday, June 27, 2024, in the US capital, Washington.
The steps taken by the GCC countries to strengthen trade and investment ties with the US focused greatly on the mutual benefits of this economic partnership, said Albudaiwi.
He also stressed that the six GCC countries enjoy long-term and strong trade and investment relations with the US, and these relations are witnessing clear and significant progress, explaining that these partnerships play a pivotal role in enhancing economic growth, innovation and development across various sectors.
During his speech, he projected some statistics that confirm the progress of cooperation between the two sides, such as achieving bilateral trade between the GCC countries and the US in 2023 of around $180 billion.
GCC countries have also achieved great success in the energy sectors, ranking first globally in crude oil production and reserves and second in natural gas reserves, he noted.
Touching on future strategic GCC projects, such as the GCC railway project, he said it will enhance connectivity between Middle Eastern countries and provide great cooperation opportunities with American partners. He added that the Council countries are working at an accelerated pace to develop digital infrastructure and transition to a technology-based diversified economy.
Albudaiwi concluded by expressing the commitment of the GCC countries to enhancing stability and development in the region, pointing to the ongoing GCC's efforts to resolve regional conflicts and maintain peace and security to achieve more growth and prosperity. He underscored the determination of the GCC countries to deepen cooperation with the US, and ensure sustainable economic growth for future generations on both sides.