UAE Official Stresses Need to Boost Multilateral Cooperation to Fight Coronavirus

Ahmed Ali Al Sayegh, Minister of State and UAE Sherpa. WAM
Ahmed Ali Al Sayegh, Minister of State and UAE Sherpa. WAM
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UAE Official Stresses Need to Boost Multilateral Cooperation to Fight Coronavirus

Ahmed Ali Al Sayegh, Minister of State and UAE Sherpa. WAM
Ahmed Ali Al Sayegh, Minister of State and UAE Sherpa. WAM

Minister of State and UAE Sherpa Ahmed Ali Al Sayegh stressed the need for multilateral cooperation in efforts to curb the spread of the new coronavirus.

"The need to strengthen multilateral cooperation in efforts to curb the spread of COVID-19 has become increasingly evident as states confront unprecedented challenges to the wellbeing of their peoples and communities," he said.

Sayegh's statement came during his participation in the Extraordinary Virtual Group of 20 (G-20) Sherpa Meeting convened on Thursday to discuss a global coordinated response to COVID-19.

"The G-20 platform provides an opportunity for all concerned states to join forces in mitigating the global impact of the coronavirus outbreak and implement strategic, coordinated action in pursuit of long-term economic recovery," he added.

Sayegh also highlighted UAE’s readiness to continue its political, economic, logistical, and humanitarian contributions to the global response.

He said the UAE is committed to ensure a smooth trade flow across borders to fight obstacles preventing delivery of aid and medical supplies.

The virtual meeting followed the second G-20 Sherpa Meeting held in Khobar, Saudi Arabia on March 12, wherein country representatives discussed the ongoing G-20 process and developments around COVID-19, health, trade and investment, and energy and climate change.



Saudi Industrial Production Index Increases in August

GASTAT released its Industrial Production Index (IPI) report for August 2024. SPA
GASTAT released its Industrial Production Index (IPI) report for August 2024. SPA
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Saudi Industrial Production Index Increases in August

GASTAT released its Industrial Production Index (IPI) report for August 2024. SPA
GASTAT released its Industrial Production Index (IPI) report for August 2024. SPA

Saudi Arabia’s General Authority for Statistics (GASTAT) has released its Industrial Production Index (IPI) report, revealing a 1.0% increase in IPI during August 2024 compared to the same month in 2023.

This growth was primarily driven by increased activity in mining and quarrying, manufacturing, and electricity, gas, steam, and air conditioning supply.

While oil activities saw a slight decline of 1.4% in August 2024 compared to the same month in 2023, the non-oil activities index experienced a significant surge of 7.0% compared to the previous year.

GASTAT regularly publishes various statistical products related to the industrial sector.