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Saudi Candidate for WTO to Redevelop Mechanisms of Work Method

Saudi Arabia’s candidate to the post of Director-General of the World Trade Organization (WTO) Mohammed al-Tuwaijiri presented development and reform visions (Asharq Al-Awsat)
Saudi Arabia’s candidate to the post of Director-General of the World Trade Organization (WTO) Mohammed al-Tuwaijiri presented development and reform visions (Asharq Al-Awsat)
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Saudi Candidate for WTO to Redevelop Mechanisms of Work Method

Saudi Arabia’s candidate to the post of Director-General of the World Trade Organization (WTO) Mohammed al-Tuwaijiri presented development and reform visions (Asharq Al-Awsat)
Saudi Arabia’s candidate to the post of Director-General of the World Trade Organization (WTO) Mohammed al-Tuwaijiri presented development and reform visions (Asharq Al-Awsat)

The working program of Saudi Arabia’s candidate to the post of Director-General of the World Trade Organization (WTO) aims at redeveloping the international body’s mechanisms of the work method, said Saudi officials on Saturday.

Advisor at the Royal Court Mohammed bin Mazyad al-Tuwaijiri arrived in Geneva last week to take part in the meetings of the WTO general council, and he presented his vision and working program before the representatives of the WTO member states and answered their questions on Friday.

Governor of KSA’s General Authority for Foreign Trade Abdulrahman al-Harbi said Tuwaijiri has addressed the problems and challenges facing the organization.

“He discussed its main tasks of negotiations, dispute settlement, notifications, and transparency,” Harbi noted, indicating that these points affirm the candidate’s approach to redevelop the organization’s work mechanisms.

Commenting on the trade challenges among various countries, Harbi said the organization, with its mechanism and work methodology, lacks an analysis of root problems.

He pointed to Tuwaijiri’s call to bolster communication and political support by member states and proposal to hold the ministerial conference annually instead of every two years.

According to Harbi, this would enable progress to be made in the organization’s achievements and cooperation with other international bodies.

The Kingdom’s candidate tackled the most prominent topics in the WTO, Harbi stressed.

“These include the challenges facing developing and least developed countries, the negotiation mechanism and dispute settlement bodies, as well as the challenges caused by the imbalance in the organization's methodology of work.”

The program presented has focused on two main aspects. The first is resolving the current challenges by restructuring the organization’s work mechanism so that it can function normally. And the second is not to neglect some quick wins in some of the organization’s existing issues and negotiations.

Saudi Arabia’s Deputy Permanent Representative to the United Nations Dr. Khalid Manzalawi, for his part, said the Kingdom’s candidacy to preside the WTO comes in line with its efficiency in leading the world’s largest economies in its role as president of the G20 for 2020.

Tuwaijri holds an MBA with honors from King Saud University in business management.

He served in several important positions in the Kingdom, notably minister of economy and planning. He also served as a member of cabinet and a member of the economic and development affairs council from 2017 to 2020.

He also served as deputy minister of economy and planning, secretary-general of the financial committee at the Royal Court from 2016 to 2017. He was also vice president of the national development fun and president of the National Transformation Program. He also played a role in forming strategic partnerships in several countries.

Tuwaijri was also president of the National Privatization Program and is member of the board of Saudi Aramco and the Public Investment Fund. From 2007 to 2010, Tuwaijri was CEO of JP Morgan Saudi Arabia. He moved to HSBC, where he worked in various roles, including CEO of global banking and markets, regional head of service management, and group vice president and CEO of HSBC MENA and Turkey.

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Bahraini Transport Minister to Asharq Al-Awsat: Each Country to Finance Its Share of Gulf Railway Project

A conceptual rendering of the Gulf railway interconnection project. (X)
A conceptual rendering of the Gulf railway interconnection project. (X)
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Bahraini Transport Minister to Asharq Al-Awsat: Each Country to Finance Its Share of Gulf Railway Project

A conceptual rendering of the Gulf railway interconnection project. (X)
A conceptual rendering of the Gulf railway interconnection project. (X)

The Gulf Cooperation Council (GCC) member states took a new step toward completing the railway interconnection project by signing the project's general agreement in Bahrain on Sunday. This comes as part of efforts to establish an integrated transport network linking the six nations and boosting the movement of passengers, goods, and commercial trade among them.

Bahraini Minister of Transportation and Telecommunications Dr. Sheikh Abdulla bin Ahmed Al Khalifa told Asharq Al-Awsat that each country will fund and execute the portion of the project located within its territory.

Meanwhile, the costs, fees, and expenses associated with the shared interconnection components among member states will be determined collectively, he added.

He explained that the agreement establishes a joint framework for the project's execution and operation, while defining the obligations of member states and their coordination mechanisms.

He noted that the network, which extends some 2,117 kilometers, aims to transport 6 million passengers and 200 million tons of freight by 2030, with the figures projected to rise to more than 8 million passengers and 271 million tons of freight by 2045.

The project spans from Kuwait, passing through Saudi Arabia, Bahrain, Qatar, and the UAE, all the way to Oman, with the goal of achieving full network operations by December 2030.

According to the minister, interconnection lines between adjacent countries can become operational as soon as their components are completed, without the need to wait for the entire Gulf network to be finalized.

National financing and potential partnerships

On private sector participation, Al Khalifa said that it remains one of the viable options for financing, executing, or operating certain components of the project, depending on the outcomes of economic and financial studies. He stressed that there is no unified public-private partnership model approved across the entire network.

There are currently no pre-existing agreements with specific international partners to finance or execute the project, he said. However, the expertise of global companies in the fields of design, engineering, technology, and operating systems could be utilized based on the project's needs and its various phases.

Bahraini Minister of Transportation and Telecommunications Dr. Sheikh Abdulla bin Ahmed Al Khalifa.

Concerning the project's announced completion rate, the minister explained that the 50 percent figure represents the average progress achieved across member states, and does not mean that half of the construction work for the entire Gulf network has been completed.

The project's cost estimates are currently undergoing review and updates in light of economic shifts, rising prices for materials and services, construction costs, and inflation, he revealed without specifying an updated total cost at the present time.

Returns beyond passenger and freight transport

Al Khalifa said that the economic impact of the project is not limited to facilitating passenger movement and freight transport, but extends to improving supply chain efficiency, boosting trade among GCC countries, and linking industrial centers, economic zones, and logistical hubs, as well as supporting employment and investment opportunities.

He added that determining the project's exact contribution to the gross domestic product (GDP) or estimating expected savings in time and costs remains premature, given that returns vary depending on transport routes, the nature of the cargo, and the points of origin and destination.

In light of the challenges facing maritime navigation in the region, the minister stressed that the Gulf railway network is not intended to serve as a substitute for maritime transport. Instead, it acts as a complementary route that boosts transport options and connectivity among GCC nations, increasing the resilience of supply chains against disruptions that could affect various modes of transportation.

He noted that integration between ports, roads, railways, and airports will strengthen the flexibility of the Gulf transport system, while connecting to broader international logistical corridors remains a future possibility contingent on completing studies, understandings, and coordination with the relevant countries and entities.

King Hamad Bridge to link Bahrain and Saudi Arabia

Regarding the connection between Bahrain and Saudi Arabia, Al Khalifa explained that the King Hamad Bridge project includes road lanes and railway lines, enabling the international passenger station in Bahrain to connect with the Saudi railway network and forming one of the essential components for completing the Gulf interconnection.

He added that work is underway on the privatization procedures for the King Fahd Causeway Authority, alongside completing the necessary studies and procedures to transition to the execution of the new bridge project.

Achieving the connection between Bahrain and Saudi Arabia is a fundamental requirement for operating the railway line between the two countries within the project's targeted timeframe in December 2030,e he said.

Business

Egypt Seeks Faster Progress on Libya Gas, Refining and Power Projects

Egyptian Foreign Minister Badr Abdelatty speaks during a press conference with Minister of Information Diaa Rashwan (not pictured) in Cairo, Egypt, March 25, 2026. (Reuters)
Egyptian Foreign Minister Badr Abdelatty speaks during a press conference with Minister of Information Diaa Rashwan (not pictured) in Cairo, Egypt, March 25, 2026. (Reuters)
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Egypt Seeks Faster Progress on Libya Gas, Refining and Power Projects

Egyptian Foreign Minister Badr Abdelatty speaks during a press conference with Minister of Information Diaa Rashwan (not pictured) in Cairo, Egypt, March 25, 2026. (Reuters)
Egyptian Foreign Minister Badr Abdelatty speaks during a press conference with Minister of Information Diaa Rashwan (not pictured) in Cairo, Egypt, March 25, 2026. (Reuters)

Egypt aims to accelerate energy projects with Libya, including gas pipeline links, refining of Libyan crude in Egypt and an electricity interconnection, Egyptian Foreign Minister Badr Abdelatty said late on Saturday.

Abdelatty's comments were in ‌a ministry ‌statement after a meeting ‌with ⁠Libya’s acting oil ⁠and gas minister Khalifa Abdulsadek in Tripoli.

Abdelatty also ‌called for cooperation on petroleum products and the completion of projects to refine Libyan ‌oil in Egypt and re-export it, the statement said, ⁠adding ⁠that Abdulsadek had said that Libya would continue implementing existing projects and would visit Cairo soon to continue technical talks with Egypt’s petroleum and electricity ministers.

The statement did not provide details on costs or the status of the projects.

Business

GCC: Railway Agreement Sets Joint Framework for Project Implementation and Operation

GCC transport ministers pose for a group photo following the 27th committee meeting in Kuwait. (GCC Railway Authority)
GCC transport ministers pose for a group photo following the 27th committee meeting in Kuwait. (GCC Railway Authority)
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GCC: Railway Agreement Sets Joint Framework for Project Implementation and Operation

GCC transport ministers pose for a group photo following the 27th committee meeting in Kuwait. (GCC Railway Authority)
GCC transport ministers pose for a group photo following the 27th committee meeting in Kuwait. (GCC Railway Authority)

Jasem Albudaiwi, secretary-general of the Gulf Cooperation Council (GCC), said on Sunday that the signing of the General Agreement on the GCC Railway Project marked an important step toward establishing an integrated regional transport network.

He said the network would facilitate the movement of citizens and residents, ease freight transport, boost intra-GCC trade efficiency and strengthen member states’ economic competitiveness and the region’s position in regional and international trade.

Albudaiwi's remarks came at the signing ceremony in the Bahraini capital, Manama, on Sunday, held under the patronage and in the presence of Bahrain’s Crown Prince and Prime Minister Salman bin Hamad Al Khalifa.

He said the project reflected the GCC’s shared ambition to connect member states and improve mobility and trade by linking their economic and industrial hubs, ports and logistics centers.

He added that the project would create opportunities for safe, reliable, affordable and environmentally friendly transport services that meet development needs, serve the aspirations of future generations and strengthen economic integration among GCC states.

Albudaiwi said the agreement sets a common framework for member states to implement and operate the project in coordination with their national railway networks, while establishing mechanisms and a timetable to accelerate its completion.

Albudaiwi praised GCC leaders and transport ministers for their support of strategic regional projects, thanking Bahrain’s crown prince and prime minister for hosting the signing ceremony and officials for advancing the railway project.