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Saudi Minister Discusses Industrial Integration with Counterparts from Iraq, Sudan, Libya, Palestine

The Saudi flag. Asharq Al-Awsat
The Saudi flag. Asharq Al-Awsat
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Saudi Minister Discusses Industrial Integration with Counterparts from Iraq, Sudan, Libya, Palestine

The Saudi flag. Asharq Al-Awsat
The Saudi flag. Asharq Al-Awsat

Saudi Arabia’s Minister of Industry and Mineral Resources Bandar bin Ibrahim Al-Khorayef held separate meetings in Morocco with his counterparts from Iraq, Sudan, Libya, and Palestine to discuss the development of industrial integration, the Saudi Press Agency reported on Friday.
Al-Khorayef engaged in bilateral discussions with his counterparts from: Iraq Khaled Battal Al Najm, from Libya Ahmed Abu Hisa, and Ministers of Industry Mahasen Ali Yaqoub of Sudan and Arafat Asfour of Palestine.
During the meetings, Al-Khorayef explored avenues for fostering industrial integration among Arab nations and highlighted the significant opportunities presented by the mining sector within the Kingdom.
Moreover, the discussions underscored the potentials and incentives available to investors in the industrial and mining sectors in Saudi Arabia.
The meetings took place on the sidelines of the 28th general assembly of the Arab Industrial Development, Standardization, and Mining Organization (AIDSMO) in Rabat. They focused on enhancing cooperation in the mining sector and facilitating the exchange of expertise across various industrial domains.
The Vice Minister of the Ministry of Industry and Mineral Resources for Mining Affairs, Eng. Khalid bin Saleh Al-Mudaifer also participated in these meetings.
Al-Khorayef concluded his visit to Morocco Friday, after leading the Saudi Arabian delegation in the activities of the AIDSMO general assembly.

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Gulf

Saudi Arabia Reviews Ongoing Efforts to Establish Palestinian State

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, chairs the cabinet meeting in Riyadh on Tuesday. (SPA)
Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, chairs the cabinet meeting in Riyadh on Tuesday. (SPA)
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Saudi Arabia Reviews Ongoing Efforts to Establish Palestinian State

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, chairs the cabinet meeting in Riyadh on Tuesday. (SPA)
Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, chairs the cabinet meeting in Riyadh on Tuesday. (SPA)

The Saudi government reviewed on Tuesday ongoing Arab-Islamic efforts to support the establishment of a Palestinian state, restore the Palestinians’ legitimate rights, and the Israeli forces' violations of international and humanitarian laws.

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

Crown Prince Mohammed briefed the cabinet on his recent meeting with Russian Foreign Minister Sergei Lavrov. They discussed bilateral cooperation and ways to boost it, as well as current regional and international developments, focusing on collaborative efforts to promote security and stability.

The cabinet reviewed the outcomes of Saudi Arabia's participation in various meetings, where discussions emphasized the Kingdom's commitment to fostering joint international action aiming to achieve progress in various fields and contribute to efforts that bring about global development and economic prosperity.

It commended the outcomes of the 161st session of the Ministerial Council of the Gulf Cooperation Council (GCC) and the meetings GCC held with Russia, India and Brazil. It underscored the Kingdom's dedication to advancing Gulf cooperation at all levels and to supporting initiatives taken to strengthen Gulf ties with other countries.

The cabinet reviewed the outcomes of the OPEC+ meeting, during which the Kingdom and seven other members agreed to extend voluntary production cuts by 2.2 million barrels per day until November 2024.

The cabinet highlighted the International Monetary Fund's Article IV Consultation report that praised Saudi Arabia's leading role in international cooperation and progress toward achieving Vision 2030 goals. The IMF also acknowledged the Kingdom's efforts to diversify its economy, expand its economy base, and implement comprehensive structural reforms.

Moreover, the cabinet acknowledged the success of the recent Fintech conference, held in Riyadh, and the promising developments shown on the occasion, which reflect Saudi Arabia's aspirations to become a global fintech hub.

It praised Saudi Arabia's successful bid to host the 6th UN World Data Forum in 2026 granted in recognition to the Kingdom's achievements in the statistical sector and its track record in hosting successful international events.

The cabinet also hailedthe efforts of the Aligned for Advancing Lifesaving and Peace in Sudan group to alleviate the suffering of the Sudanese people, expand the delivery of humanitarian aid, and work toward a ceasefire agreement.